do you agree, colby? >> no. i don't agree on this particular reason. every year, without fail, some bank gets into trouble because of trading losses. but until those losses were occurring, the activity was making a lot of money for the bank. on the way, someone gets over- aggressive and they gets into this kind of trouble. that you cannot regulate. whether it is liquidity or hedging against losses, you have to have this kind of trading. there is no way you can -- somebody always gets over- aggressive and then you have to struggle. you cannot regulate it. >> would the volcker rule have stopped this? >> i don't know. it has been at two years since they passed the bill and they still have not enacted the regs. it is not that complicated. that is why they enacted the law. call me old-fashioned, but when i put money in a bank, it is is not supposed to be to just play with. i put money in the bank to be safe. >> what kind of interest are you getting? >> i am getting a lousy interest, but it is insured. national capital bank of washington, here is my plug. >>

. >> colby? >> from the point of view of the people who prepared that ad common mission accomplished. if you had not seen it, unless you know what is in it -- i found it ironic that mitt romney was taking the high road, saying, "i repudiate this," given that in february, he went on the hannity show ended the same thing th -- and did the same thing this d did. >> why is wright off limits? >> he is not off-limits, but he is not relevant anymore. talking about 9/11, somehow the united states was involved, are reprehensible speech in many ways, but, you know, barack obama ordered the killing of osama bin laden. how is this relevant? >> you used the word "reprehensible," in connection with the idea of running an ad about jeremiah wright. it is not at all off limits. tactically, i guess a mistake, and romney is right not to do it -- it is a mistake, and romney is right not to do it. he doesn't need to. today, obama has a record. you run against his record. he is not a mystery. but the idea that somehow

you agree colby? no. i don't agree on this particular reason. every year without fail, some bank gets into trading losses. but before that is revealed, that actvity is making a lot of money for the bank. along the way, someone gets over-aggressive and they get into this kind of trouble. that you cannot regulate trad. you are going to have to have this kind of trading. it is fast-paced. there is no way you can -- somebody always gets over- aggressive and you have this trouble. you cannot regulate it. >> would the volcker rule have stopped this? >> i don't know, because it it is two years since they passed this bill and they stillll have not enacted regs. it is not that complicated. call me old-faioned, but when i put money in the bank, it is not supposed to be to j just play with. i t moneyey ithe bank to be safe. >> whatind of interest are you getting -- >> lousy interest, but it is in shor -- insured. national capital bank of washington, heres my plug. >> oh. >> free checking for you. >> i get free checking, thank you. >> i remain amazed to thi

. >> colby, what about you? the feeling you have never had before? >> it is the vast divide between democrats and republicans in washington. you always had partisan activity, but now you have a monolithic group of republicans and a monolithic group of democrats, who are ideologically so far apart, unwilling to give anything unless their side is going to win. we have not seen anything quite like this in modern politics. you always had some group of each group was willing to bridge the gap. >> nina? >> what strikes me as different is that there is what colby said, but we are kind of evolving into a parliamentary system, except we don't have a parliamentary system. you overlay this kind of polarity on a system of checks and balances, and what you get is total gridlock, because nobody is willing to compromise, cross over, which is the oil of a democratic system, and we don't have the power of a parliamentary system, where when you win, your party puts into effect its program, and if people don't like it, they a vote out your party. >> charles? >> i am ra

. >> colby? >> the president had to say something. ishand was forced no onlyy by vice president joe biden but secretary of education arne duncan. the comment was nohiswn but he did the best he could under -- timing was not hisis own but he did the best he could under the circumstances. >> evan? >> good to see a politician saying what he believes. he believes in the marriage, but for is to come after -- i think ey called themm joebombs in the white hse. give him credit for coming out for sothing he believes in. >>n? > -- nin >>t is aisky stepp. it will energize his base and get extra money from the gay community. republicans seem uomfortable about it,t, too. nobody is quite sure how this will play out. the presidentnt, instead of taking risk -- president is taking a risk and it is not clear in the long run. >> hollywood was open with open arms and open checkbooks this weekend. john boehner, the h house speaker says it is time to shift the debate to the economy. >> i believe that marriage is the union of one man andnd one moment. the pr

. >> colby? >> the president had to say something to read his hand was forced not only by vice- president biden but from secretary of education arne duncan. the timing was not his own. he did the best he could under the circumstances, but he was going to anyway. >> evan? >> it is good to see a politician say something he believes. i think he believes in gay marriage, or for this to come after -- i think they called them joebombs in the white house. give him credit for coming out for something he believes in. >> nina? >> it is a risky step. on the one hand, it will energize his base and provide added money from the community, and the democrats were very worried about having enough cash for the presidential election with all the super pacs. but the republicans seem uncomfortable about it, too. nobody is quite sure how this is going to play out. i give the president some credit for taking a risk with the position that is not at all clear it will benefit him in the long run. >> hollywood was waiting

i am jamie colby. a military tribunal is underway in gunt gunt bay cub a.he so-called master mind of the september september attacks are all appearing before the judge to be formally charged with 3000 counts of murder. we have details from inside of the could you remember. ksm reportedly refusing to answer the questions from the judge. and the official race for the white house begins. president obama is marking the formal kick off and the president is engaged in the campaign for months and he rallies in the swing states of ohio and virginia and we'll cover that live for you when the president speaks. i am jamie colby. keep it on fox. real reliefalt the pump may be on the way. and back below $10000 a barrel and it happened on the same day. and there is a new plan for a key stone pipe line. pumping more oil is how to push down prices; does this prove you are right? >> it is gas under 3 dollars a gallon at the pump. everyone is calling the congressional leaders and look, it can be done because one-half and southern part of the pipe is in place and it is that n

. >> colby? >> president had to say something to it is hand was forced not only by a vice president biden, by secretary of education arne duncan he did the best he could under the circumstances. he was going to do it anyway. >> evan? >> it is could see a politician say something they believe in. i think believes in the marriage but for it come after -- i think that they call them joebombs in the white house, for maladroit moments. >> nina? >> it is a risky step. on one hand, it will energize his base and provide added money from the gay community, and the democrats were very worried about having enough cash for the presidential election with the super pacs. republicans seem uncomfortable about it, too. nody isuiteure how this is going to play out. i give the president some credit for taking a risk with the position. it is not at all clear what and fit in the long run. >> hollywood was waiting with open arms and open checkbooks this began. john boehner, the house speaker thomas s. it is time to sh

jamie colby, fox news. >>> shawn yancy has your fox 5 top five. >> we begin with the secret to gettingds to eat their veggies. no. 5, serve water with meals and your kids may eat more vegetables. behavioral researchers found people correlate a glass of water with healthy food and sugary drinks with items that come from convenience stores and fast food restaurants and kids ate more veggies with water than soda. no. 4, work out or pay up, it's the incentive behind a new exercise app called jim pack. users commit to work -- gym pack. users commit to working out a specific time a week and agree to pay at least five bucks every time you miss a workout. no. 3, move over android and apple. facebook wants to create its own smartphone. according to the new york times, part of the top secret plan is to recruit experts who worked on the iphone and ipad, no word yet when an actual phone will come out. no. 2, more bad news for research in motion, the maker of blackberry with sales dropping to appear and android phones, 2,000 employees were fired last july and will reportedly lay off 2,000 more in t

. >> hi, we're live from america's news headquarters, i'm jamie colby. three more people have been arrested with the murder and kid happening with the family in tennessee. they believe to be neighbors of adam mayes. killed in a standoff with police. and after murdering the mother and sister, the girls are back home with their dad safe and sound. and they're urging stronger air safety after a report reveals air traffic contollers are again, slacking on the job and follows disturbing allegations from a former controller out of new york, who claims that employees at one of the busiest towers or watching movies, gambling online and sleeping on the job. i'm jamie colby, back to cavuto, on business. >> the people out there, get off the couch and get yourself a job! >> (applause) >> is it your sense, governor, that you're tired of the society and calling them on it, is that the idea, or are you sick of trying to ma'am b mamby-pamby around the issue? >> we have citizens on welfare and secondly, i lived it. i grew up through the system and i understand how it wor

. >> jamie: i'm jamie colby, exactly what the families hoped wouldn't happen happened, they were mocking the justice system in that courtroom, i'm jamie colby and we'll tell you more about that and there are even new questions now over whether self-proclaimed 9/11 mastermind khalid sheikh mohammed and four other defendants in court, when will they face justice? one of the defense attorneys predicting a trial will take years to complete. chief intelligence correspondent catherine herridge live at guantanamo bay, cuba and good to see you. i was watching the press conference of the attorneys, who already are complaining about the justice system and the treatment of their clients. what happens from here? >> reporter: good morning, when we think back on court yesterday there were so many peoples and one that is -- has become a lightning rod came up at this morning's news conference and one of the attorneys chose to wear the traditional black muslim dress in court and she wouldn't take questions on whether she was receiving death threats but explained why she felt the woman on the prosecution

i'm jamie colby. there's breaking new details on three men who are now held for conspiracy to commit terrorism ahead of the n.a.t.o. summit in chicago. the suspects arrested in a raid after a month long investigation and they'll face a bond hearing today. they're charged with trying to make molotov cocktails and the security throughout that city is tight and so far the protests have been peaceful. and president obama arrives there tonight. >> and failure to launch unfortunately, the spacex falcon rocket roaring to life this morning and then less than a second to blah blast off aborting. to replying the international space station and nasa looking to private sector companies to do that job after the end of the u.s. shuttle program. i'm jamie colby, i'll send you back to cavuto on business. keep is here all day on fox. >> well, the government is saying that inflation is tame, but our shoppers say that's lame. the government is reporting consumer prices flat in april and checked we're told by drop in pri

i'm jamie colby, i'll send you back to bulls and bears.eep it right here on fox and foxnews.com for your latest headlines. >> brenda: calls for more regulations mounting in washington as one of the biggest names suffers a massive loss on a bad bet. john, you say the cure is only going to make things worse? >> brenda, any cure prescribed by washington is probably a bad thing. the way i look the at it, the consumer is the most hurt when you have government regulation come in and cracking down more and more at the end of the day, the consumer is the one that gets hurt. this rule has been in effect already and we see already that the 2 billion dollar loss. so, it hasn't helped and adding on top of it, i can't see it helping any more. we don't need the legislators in washington playing doctor. what we need them to do is sticking to what the people want them to do, it's not adding regulations and costs to the consumers. >> brenda: chris, don't we need more regulation. we've seen this before and what we've got now, are we going to have another ba

hi, everybody i'm jamie colby. >> kelly: i'm kelly wright.elcome to a brand new hour inside america's news headquarters. investigators accusing the f.a.a. of dragging its feet by not seriously addressing complaints made by whistleblowers out there. among the accusations, air traffic contollers playing games and taking naps on the job and even leaving work early. peter doocy is live with more details on this disturbing story for people who like to frequent the friendly skies. peter? >> and kelly, the f.a.a. has one of highest rates of whistle blowing filings of any executive branch agencies. >> there have been 178 whistleblower filings since 2007. 9 of them were tied to aviation safety and now the u.s. office of special council protects whistleblowers, too many complaints he department of transportation, pay attention to the seven most recent. and first helicopter improperly retrofitted and air traffic contollers sleeping in the control room and using personal electronic devices and small planes from new jersey's teterboro airports flying too

i'm jamie colby, see you back here at 1:00 p.m. eastern.ack to "forbes on fox." >> wisconsin is going to be the center of the american political universe. america is going to find out the answer. to what is more powerful. the people, or the money special interest from washington, d.c. >> david: new jersey governor chris christie explaining why we all have a stake in the wisconsin recall vote. it goes down, one month from today, public unions there trying to take down republican governor scott walker and his cost-cutting plan and victoria says, if walker goes down, state budgets everywhere will blow up. how so, victoria? >> well, look, it sends a signal across the nation, that if you take on unions, if you -- if reform becomes part of your platform, the unions are going to go after you and, gosh, a recall? i mean, that is -- will send a clear signal all the way to california, where, in fact, the pension reform we had in mind, is new being reduced because the legislature here is, you know, they are scared and are focusing on our budget this y

i am jamie colby. there is breaking news from guntam no bay, cuba.ter mind of the september 11th attack khalid mohammed is under way. they will charge the five men with murder. ksm mocked the tribunal and said they would plead guilt yewelcome execution. today he is refusing to answer the program. and a lot of mattering in church hill dounce. the 20 horse field is most talented. keep it here on fox. wall street speculators are driving up the price in the pump. oiling street and wall street speculators . and it is it a month ago when the pain in the pump would keep . gas prices are falling a dime since the middle of april. it is sinister when the prices are going up. and >> no, people talk about speculators and they look stupid because the prices are going down and you might think anybody will disagree with me on people are investing the in the commodity futures and will add some the commodity. natural gas prices are a decade low. - i think it is strictly political or the people don't understand. i agree with dagen completely. and speculation is good a

answer..brett phe gap in right-center...it - looks aa if it's going out, but the park will hold it...colbythen jp torrnto......but the birds with his second home run, made it 8-6, but they'' get o closer...birds lose their 4th in a row, but tampa bay didd &ptoo, so they remain tied atop the al eass the reality of what has happened ii beginning to set in for the loyola greyhounds... thh small jesuit college in roland park is the brann nee ncaa lacroose champion....this after they defeated in state &privaa maryland in monday's ncaa championship game.. they got backkon the bus after the victgory and didn't arrive back to campus until around 3 am. but today wereetreated to a belated welcome home on the charles and cold spring... loyola is a respected program, it's rival from right down the strret, ohns hopkins...and it seems, that's exactly the way pt's anothee tuesday night and around here that means another edition of our prep player of the week award....now in it'ss 3rdddecade, it has honored thee area'' funest high school athletes since way back in 1991...this week, we close out pnother ye

the regular going out of the i had a colby but i can't gainst against against. a month so if you're a monarchist think of her against against it actually arguable lower against against roger against that by forty just look up against right against you know your keyholes against against i guess i mean i'm there i'm young narrow mayor of talk of votes i'm also against the radar base. with that the brits are going. through what's the radar for start another arms race internationally speaking internationally speaking it's not that i'm against the americans because it has nothing to do with it and i feel the same and if a us army scored arrives we'll learn english drink a beer with them and play a little soccer but not much to object to about american soldiers. it's like the military zone begins here the crossing bars open. this is what happened come hides. the floor down to the booth just in case i'll say i'm looking for mushrooms for the funny nobody i'll say i'm looking for mushrooms something's coming. maybe just someone curious about where the reader is not goin

thisstime it's brett laurie....et another solo shot...it was 3-1..they'' add yee another solo shot from colbymus......and if that frightening moment for the birds...here ii the 6th, bbandon morrow comes inside and gets adam jones on the game, but is being &pexamined..and his manager doesn't like the way that went down.. it was on this date that one of the greatest baltimmre sports legends got underway...exactly 30 years cal ripken junior began the - consecutive games strrak that would culminate with him ppssing lou gherig to become thh game';s alltime leader in that category...he played every single game, 26-hundred and 32 of them, until the end of the 1998 season...inducted into the hall of fame in 2007, ripken topped 3-thousand hits and 400 home runs, and won two mvp awards during hat timr. the ravens' defensive coordinator position is one of the most prized in the nfl... no fewer than four of them have ascended into head being chuck pagano, who left for the olts after last season...his replacement, dean pees, is using these ota's to settle into the new gig... morgan adsit picks up the stor

i am jamie colby and breaking news from the g-8 summit going on in camp david. president obama welcoming world leaders. the president riaif i wering the g-8 commitment tos on north core or unless they stop the pursuit of nuclear weapons and in an hour the president depars for the nato summit in chicago. and now famous blind chinese activist en route to the u.s.. chen guangcheng bound for the newark airport in new jersey. this ends a month long diplomatic stand off in u.s. and china. and we'll see it again on the news headquarters. now back to forbes on fox. >> this rebate is brought to you by obama care. first health care law acquired insurance. and now the same companies have to put this in writing to the customers and everyone knows that the refunds are because of the new health care law. >> steve, you say it is more about politics than saving money. >> you are a president for chicago and you send out an election that is politics pure and simple. costs have up because of obama care they are harming people . insurers pay that back what does that mean. they are

jamie colby. >> take care, trace. >> you too.ifying moments on the water as three generations of one family desperately fight to stay afloat. it looks like one of them did not make it details on the search and rescue efforts coming up. plus a memorial day march like no other. we are there as some veterans finish a mission nearly 2,000 miles in the making. at bank of america, we're lending and investing in communities across the country. from helping to revitalize a neighborhood in brooklyn... financing industries that are creating jobs in boston... providing funding for the expansion of a local business serving a diverse seattle community... and lending to ensure a north texas hospital continues to deliver quality care. because the more we can do in local neighborhoods and communities, the more we can help make opportunity possible. [ young man ] whoo-hoo! ♪ so soon you'll take me there he is! the party's arrived. ♪ [ both hiss ] [ screaming, explosions ] oh, he-- [ crickets chirping ] [ owl hooting [ gas ] ♪ fate ♪ up against yo

jamie colby. >> take care, trace. >> you too. terrifying moments on the water as three generations of one family desperately fight to stay afloat. it looks like one of them did not make it details on the search and rescue efforts coming up. plus a memorial day march like no other. we are there as some veterans finish a mission nearly 2,000 miles in the making. ♪ [ engine turns over ] [ male announcer ] we began with the rx. [ tires squeal ] then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport. ♪ this is the next chapter for the rx and the next chapter for lexus. see your lexus dealer. it's time to get going. to have the energy to keep up with your kids. to step up to a new challenge. it's time to start gellin' with dr. scholl's and feel the energy from your feet up. thanks to the energizing support and cushioning of dr. scholl's massaging gel insoles, yo feet will feel so good you'll want to get up and go. >> trace: president obama says it's time to set the record straight

colby lewis, the first major league pitcher to have 12 strikeouts and give up five home runs.tom of the first, markaikis, the third straight home run. only the fourth team ever to open up with three desperate home runs. jim johnson gives up a home run to david -- with three-straight home runs. tim johnson gives up a home run to david murphy. that is the final house. elvis andres strike out to end it. anotherner of i'll have flew to baltimore. he liked what he saw a lot. he said he looked fantastic. the first time since winning the kentucky derby. o'neill reflected talk of a triple crown. a good chance the second place finisher will go up as the favorite. if that happens, it will not bother o'neill, probably because horses do not know the odds. they just run the race. >> i can see that. he ran a huge raise. coming here, the distance is going to be shorter. i can see with the -- where they would give him an edge. the great thing about our cold is he has enough natural speed, if he is only speed, i'll have another will not be that far behind. >> the ravens have a culture of compe

i am jamie colby. delivering the commencement address.argest evangelical college in our country and mitt romney is hoping that the speech will win over those skeptical of his belief. >> reports of two men in the uk arrested on terrorism charges and explosive substances found in the garage of their home. 100 homes had to be valk -- evacuated as a precution . no details on whether they were acting alone or linked to a terror group. we'll give the results. i will see you back here at 1:00 p.m. eastern in america's news headquarters. keep it on fox toyota's in the fast lane, selling more cars than gm in the first quarter and the japp nease automaker is on track to pede pass general motor's profits despite gm getting 50 billion in taxpayer bail outs. this is more proof that bailing out private companies don't work. >> that's right. more you bail out companies like this, the more the economy leaks it is it a pay off to the united autoworkers union . every major airline in country went through a reorganization . why couldn't the automakers have

lakers and thunder huge crowd jumbo trying to colby 42 points.in with a victory as steal here at 28 points and hits the fur. 1 0six h1n1 knife and finish off 4 games to 1. all right thanks. >> "nightline"up next. >> be sure to join us for morning news starting at 4:30 for the arrest in the sierra la mar case. >> sll vul on facebook bay area @@@@ út

colby.rica's fallen heroes. we will take you to the tomb of the unknowns at arlington where the president is about to take part in a very moving annual tribute at the top of the hour that you shouldn't miss. there was very strange behavior by the jurors in the john edwards trial last week. we will take a look at the bizarre turn in the case. what will happen when they are back tomorrow? if there is ever a day to ignore your diet you have permission, go for it today, but we will have the skinny on some fat-finding foods you should put on your plate tomorrow. we'll be right back. gregg: i brought my lean cuisines today. i'm all set. >> reporter: take care, gregg. slim, slim jim. gregg: it is not your typical holiday weekend blockbuster but a film looking back on one of world war ii's bloodiest battles with serious star power behind this thing. we will take a took. juliet: san francisco marking a major milestone for the beautiful golden gate bridge. are you receiving a payout from a legal settl

lakers and thunder huge crowd jumbo trying to colby 42 points. went toast to coast but devin with a victory as steal here at 28 points and hits the fur. 1 0six h1n1 knife and finish off 4 games to 1. all right thanks. >> "nightline"up next. >> be sure to join us for morning news starting at 4:30 for the arrest in the sierra la mar case. >> sll vul on facebook bay area all of us here thanks for