: wall street went fr a strong open to mixed finish as vestors focused on the continuing flood of coorate earnings. the dow opened wh a 31 point advae while the nasdaq was up 11 points. but after a week of gains prit takersmoved in and by noon the blue chip dow wain negative terrory. the techs managed to hd on giving the nasdaits 11th straightession to the upside. but the dow slumped to a csing loss of 34.6at 8881.26. >> suzanne: smalbusinesses are stl reeling from the credit crisis. the national small busess associatiosaid today nearly % of its members can't get t financing they neeto run their compies. that's up from a thi at the end of lt year. as we continue our "revivi the economy" coverage, stt gurvey shows us how onemall business is facing its owcredit challenges >> 60-year-o and family owned ames in hamburg new jersey ds things with ruer. it mes gas masks for the army, copying machine rolls for xerox. it coats the inses of engines fothe f-35 jet fighter. it's workingn a prosthetic dece. inhe last 15 months the $25 million company s seen sales gr 20% and now employs nearly 200 peop

>>e're talking about cooration. rope has been silent or cooperates, france, germany, certaly in the u.k. -- what e we getting out of this? there is a part of me that sympathizes with this. you start to make peop sick, or whether or not you can finish them offith any kind of change of policy or approach. i think that is a rl trick. we wil not get rid of t regime. at least notor a while. you e looking for behavior dificationt this point. i think shifting from the bh administration to e obama. ministration haseft them a little less to beat up on. in tms of theverall sanctions, we c't continue to play that ga on our own. if the europeans do not cooperate with u, and they are making money, the french in paicular, it is cottage industryf diplomats going back and forth over, how do we solve the problems korea? of to iran? how many wars werstarted by plomats lane two generals - at 1.60% of the erican people feel that saddam hussein was bend 911? >> i afraid you're rig? . >>ou he to get bind some behavioral change. that will

baimore-baaprel maker under armour fell re 2%as d lintcum-baseenna cooration.neunemmentfigure out tonigh and fomaryland they're not ve good. ju a10th ofa percenfrom 7.2 to7.3%. at'slo of about 11 bs last night. westill amg th35 at whe unemployment ras remains ngle di. e alsoillow e naonalrate, ich isw over 9%. > sothg new is brewinat ggng cfee house chain sts. 15th avenue coee ante that's t name ofe chais nelot or it wi feature be, wine nighttims d entertainment. it moleafter neighborhood coee shop the rsopeninseate week, but if it successful, yocoulone one your neorhood. and w somethinyou might acally see less ofyour igho. homes withndine on. accordin columbia-bed arbion, homes nolyon ll phon for their me phonneed the cotrfound e range acss the country toe betwee5 an38%. w rk ci upscale stbance the hans had thlowerates. llegstat tes, he texaa&univertyhad the highest. >>and whe we're tag about ce ph, diyou know about 80% of us artuly pa toomuch for phones? head to abc2news.com d check out the st findine be cellphonpl. itin the y-vingips section. > other modern

his bold new managemt system or the precursorof today's coorate culture. he broug in seat belts and saved countless lives. >> i he asked bert mcnamara -- >> in 1961, hn f. kennedy ought thisodern technocratic mine to the pentagon as secretary of defense, he confrond communism jfk's side. duringhe cuban missile crisis, and then in southeast as. on his watch, the trickle of american troops to vietnam beme a flood. after e manager, robert mcnamara approached the war as a problem o logistics and administrati. >> he approached the w in vinam like a business decision he thout that if he could make the cost high enough for the north vietmese, ki and destroy enough of their country, they would sufor peace >> but as the carnage in vietnam ew,o that america's fury. so did his own dous. in the 1990's, he filly conceded the war was a terrible mistake. >>we saw vietnam as anlement of the cold war. ot what they s as -- a civil war. >> memorial to the vietnam war dead is perhaps washgton's busiest, a reflection of its relevance even today. bert mcnamara cam to eody th pa

both the coorate side in the admistration and the sort of left wing politiced side and the falty hand left places like harvard incapable o really ofring a humistic liberal arts education which has to be the focus of anndergroj watt institution. now, harvard is a research university, you're gng to have scientific laborators and fanttic research facities but l of that meant tt the university when i wathere was neglecting what shld be its core comtency, as they'd say in larry summer's... you know in the cporate boardroom. and that iproviding libal arts education t other thg... but the you see this in the last few years and actually theast sixonths at the corporatefund raising side o harvard,ike the corporate money-mang side of all kis of american businesse nt way out of contl tn crashed. now haard can barely afford... they're cutting hot meals at breakfast, cutting shovel service,utting salaries, firing people. >> ros so are you happy you went to harvard? >> absutely. >> rose: what was the value of your edge declation? what did you learn there? >> i think i learned. you know the are a lo

tonitppears with russian predent dmitri ped medvedev at the kremlin, announced cooration betweenhe two governments beeen nuc arm reductions >> he two leading nuclear pows, the united states and russi must lead by example and that's what we're doing here today. >> theurrent start treaty is set to expire in december. theew proposed agreemenwould result in slashing the supply of nucle warheads by up to a third as well as w verification asures. this is a very sigficant restart of the u.s./russian arm's reduction process. >> tom lina is theirector of research if the arm's conol assoation in washington, an advocacy group that suppor nuclear arm's control. >>iven at they had to va, greement by the end o this calendar year when the strt treatyexpires,drove them a me consertive negotiating positio and the god news that's likely to be achievable because they're not re-creating thehole >> tether, russia and the u.s. account for 90%f the orld's nuclear arsenal. president obama i hoping russia wi cooperate i efforts to rein inranian and north korean ambitions. >> north korea has abandon said its on

i would like tomphasize in conclusion that ourcountr would like to reach such a vel of cooration with united states whi would be realistically worthy of the 21st century,hich will ensure international peace and security this is in our interests a we e gratulo our arican colleagu f the int work we have de. it is true that the solution of manyorld problems depends on the int will of the united states and russia. thank you. >> good afternoon, everybody. an i want to thank president medvedev and the russian people for their hospitality. michelle and i and our children are pleased to be here moscow and to be here so early in my adminiration. we've st concluded a very productive eting, president meedev just indicat. the president and i agreed that e relationship betweenussia and the united states has suffered fm a sense of drift. we resolved to reset u.s./russian relationso that we c cooperate more effectively in areascommon interes. today, after less than six nths of claboration, we've done exactly that, by takin concte steps forward on a range of issues, while paving the way for me progre

least, that's whathehe south koreans are sayyin ststtiting julythth, more than o dozen n mar r coorate the..s. w wer hitt wi widedespadad sisilit, hard to ststopenial of service atckcks. nonow,enial of service a attksk e the easiest kind of hacking.g. you essentntllllyake sosoeone's website ununuslele by making so muchake traffic that theirir ser servers popooputut ththe ututh koreans araree i iig ththathis latest round of attacks succeeded as much as it did because it w w soisticated, cocoornate, not your garden variety dns cck. the south korean natioiona intelligenenceerervi put o o a atement that said, qute, thiss is not a simplettta by an individual hacker, but apappes to be a thorououlyly planneded executed byy a specific organizazati ornn a state levevel,yy wch they mean, north korea's wing cyberwaronon t u.s. g govnmnmt. andd "the w whihingn post," for some reason. ybe they're mad about dan umkfrum kik frkikin red too. >>>> up next, anntntguing stery from iraq. u.u. troops have now pulled back from iraqi cieies. alal u u. combat brigades areree totoee ne from iraq by the end of

mascinit and coorate main stremme hip-hop ha reduced the genre to that base simplicity. and think if hip-hop ioing to survive as a voice for a continued healthcounity, it'soing to haveto look to ckson or someone like him. >> toure andricia rose, iwant to thank you both. your insights ha been valuable to what we were watching inside the staples center tod. >>> comingup, we'll be back with more from los aeles. we will joine by congresswoman sheila jackson-le who spoke at today's memorial and has introduced a solution honoring michael jackson in the united states house of representativ representatives. you're watching "hardball" only on msnbc. >> the momenthat i wished i didn't liv to see come, buts much as i can say that and mn it, i do kw that god is good. and i don't -- i do know that as mu as we may feel, andwe do, that we need michael here with us. god must have needed him f more. >>lots of politicanews ahead on hardball." sarah palin tells nbc andr mitche she's a fighter. andrea joins us wth the latest from alaska and what mighghbe next for th soon-to-o- ex-governor s

>> a real test will whether in fact outof all of this there n be more cooration on a veryifficult problem like ir especially wit the messiness in iran ovethe last two or three weeks and,ndeed, how that's thrown i tnk a hand gren grenade in the mile of the efforts of thebama administraon to try to deal with iran. although i adre the ministration for continuing try to kee the door open to conversations. i ink they're important regardss of what has gon on inside iran, but that's n an easy rd to hoe here at home. i think fally the question will be also extremely important once agreements are reached whetr they could be sold here domestically there's no question there will be opposion, although 60 votein the senate are ve important in selling agements and i would suspt that plus president obama's renown skills at explaining thin and portraying em in the ways i think pple can understand and attach themselves to are very, very importa aspects of what's, i think,ver e next year will determine whether thiss indeed a al reset or wheth it isust a bl on the way with further nasty and confrontational

everyone w focused on that in the coorate offices. >> moyers:ou were also involved in the campaign bytryo discredit michael moore anhis film "sicko" in 2007. that film, moore went to several countrs around the world and rerted that their alth care system was better than our health care system-in particular, nada and england. take a look at ts. >> i wenacross the city to a crowded hospital wting room. how long did you have to wt here to get he? >>0 minutes. >> 45 minutes. >> i got helped right away. >> you c see how crowded this is. th really do an amazing b. >>id you have to get anyone's rmission to come to this hospital? no. >> n >> no. >> we can go anywhere want. >> you don'tave to get pre- approved? >> no, no. you just... >>y your own iurance company? oh, no. oh, heavens, no. >> can you choose your own doctor? >> oh, sure. oh, s. >> wt's your deductible? >> notng. >> i don think we have any. >> i don't know. i don't thinthere's any, as far as i know. >> it's really a fabulous syem fomaking sure that the least of us and thbest of us are taken care of. >> oh, reay, it's not like that

fifindout whethererthe v volili index's s rentntoves mean you u shld move out of coorate e bonds s aninind highghieieldg stocks. afteter isis who cacan veve y the financial adviceceouou nd? where willllouou fd the stability and resosourss to k kp p yoahead of this rapidly evevolngngorld?nd? these are tough questition thth''why we brought together t twof f e most introducing morganan snlnle. in the industry.y. here to rethininkweweth. here to anansw.....your. rgrgantanley smith barney. a new wewith oveve13130 ars of experience.ir oof!f! hope he ha. aflac! yoreally need it these days.s. hococome well i if u'u'reurt and can't work i ipapaysou cash... yeahah thehe with everyday bilills like gas, the e mogaga... ...and groceries. yeahah thehe with everyday bilills it's likikininsunce so...what's it called? uhhhhh yeah! afthat's it! aflac. wee e goyou under our wing. a-a-a-aflaaac! >>> with about 3 minutes lefeft until the closing b bel here's how the mkets are shaping up so far. dow w jos s dustrial average has now moved into negativiv territory. t t much, though. wewer about six points. 8 8,1

could we see a n new llow who isoo the sasay c coorate?ot t thk another fcaca paagage ll save the day. >> ahah. certainlnlththat goes with whwh lblbertold us yesterdayay o sentiment, jj.. >> itt certainly does. >> that wasn'tnonoh of a wawasht, right?? >> he said to get the nerational whout. i hate generationon i can't tell wa o outecause i it takes 200 yeyearbefore people buyuyanothe stock. yeah. well, look, i i beevev we're into -- had anghght-ar bull market, rit? actuallyly, y youook at t th long, longng range ccrtrt,ououa see weweovove -- a lot of this ju about cycle theoryy and the maetet moveslmlmos perfectly i an 18 year cycye.e. if you t takaa look att re terms,s, t market t peeded i200 0, inn m mar of 2000 ineal terms. so i ihihink we'realfway thrhrou what i iououldonsider to be a a bear market in eququits.s. imimage that we have secularar bear market in equities and along thehe w we hit two prpree peaks in 2000 a 0707 and indeed, it stiti i is a sececar bear markeket. now, y y h havto trade accordinglgly. there's going to b b h h