and the nsa hijack, david car and david simon creator of the wire and chefs gone wild. i'll share my favorite cocktail with my special guests and god help us, cronuts. >>> joining me now david carr from "the new york times" and david carnes the creator of the wire. >> briefly, too briefly. >> it's been 40 years since nixon declared war on drugs. >> public enemy number one in the united states is drug abuse. >> david carr, as you described at length in your harrowing memoir, your drug of choice was crack cocaine, my drug of choice for many years was heroin. all of these years later, 40 years of drug war, would either of us have difficulty anywhere in the united states finding our former drug of choice within 45 minutes? >> i think you and i could walk out of here and within about 90 seconds of looking at least someone come toward us and probably somewhere within five minutes of that, probably west of here we would both be able to take care of whatever we needed. >> and from what i'm reading what i'm hearing, that would be just as true in portland, maine or just about anyw

david carr, david simon, thank you. coming up, chefs gone wild, my pals mario and eric. >> we have a chilly pepper made with ants. >> made with ants. >> totally. you're not loving that, are you? >> no. [ laughter ] announcer: announcer: sunday's your last chance to save big during sleep train's triple choice sale. for a limited time, you can choose to save hundreds on beautyrest and posturepedic mattress sets. or choose $300 in free gifts with sleep train's most popular tempur-pedic mattresses. you can even choose 48 months interest-free financing on the new tempur-choice with head-to-toe customization. the triple choice sale, ends sunday at sleep train! ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> all right. what do you think? >> oh my god. >> that's delicious. >> it's good, right? >> hold on. >> hold it, hold it, hold it, hold it everybody. it's going back. it's supposed to be in your belly. >> i could watch that all day. i'm anthony bourdain guest hosting for piers. that is reeking havoc on the chew. h

david carr, david simon, thank you.ne wild, my pals mario and eric. >> we have a chilly pepper made with ants. >> made with ants. >> totally. you're not loving that, are you? >> no. [ laughter ] ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. first wait till summer. then get the cars ready. now add the dodge part. ♪ ♪ the dodge summer clearance event. right now get 0% financing for up to 72 months and no payments for 90 days on all dodge vehicles. >>> all right. what do you think? >> oh my god. >> that's delicious. >> it's good, right? >> hold on. >> hold it, hold it, hold it, hold it everybody. it's going back. it's supposed to be in your belly. >> i could watch that all day. i'm anthony bourdain guest hosting for piers. that is reeking havoc on the chew. he's an author and one of my favorite chefs and here with another one of my favorite

david. >> yes, simon. who will be discussing the great rotation. canyon is one of the larger investment or asset manager terms out there in l.a. you are huge in credit, let's call it, but a lot of different derivatives of credit and start out with the high yield, josh, and if we can, and i look forward to hearing from you later as well. and the yield, in the last month, and of course, watching bernanke, but is it more attractive? is sdwlel w it -- >> well sh, it is more attracti than it was before. the index has gone from 498 which is all-time low to the low 6s today, but that is before you adjust for the losses. so if you adjust for the expected credit losses, you are in the 4s. this is my view and we don't make bets on the directional al ti is that you have a lot of negative optionality built in. and the bonds trading above par and if anything happens, they will get take anne away from you. >> and the call. >> and the rates go up, you have negative optionality, and so it is not a place we are choosing to

characters or places where they were conreceived like brooklyn, i would have thought david was vanilla you would say. >> i think simonhat are the exercises kate has been doing? >> the women of britain, i don't know, tom dunnfee who did the beautiful pictures said we would have footage of women doing the kate exercises and they didn't make it to television. >> i don't want to know. >> get yourself together. >> that is a whole other level. any moment now. >> i don't think she is yet in the hospital. i think she spent last night with her mother and he was playing polo and i don't know. it is a process. having an heir to the thrown. doesn't just happen like that. >> so difficult. thank you, simon, very much for that. let's bring in bob with a look at what's moving down here at the big board. doesn't seem like much. >> although i would say 3-2 declining advancing stocks and cyclical leading over defensive names. not by much. take a look at the major indices. dow utility up 1.25%. why? we're in the middle of a heat wave. have you walked outside? we're going to approach 100 degrees in new york and the utilities are up on th

simon, cnn, san leandro, california. >>> just 45ed, the reverend jesse jackson and cofounder of the new york city tea party, david webb, both here and will join us in a serious dexwat on florida's stand your ground laws. i'm the next american success story. working for a company where over seventy-five percent of store management started as hourly associates. there's opportunity here. i can use walmart's education benefits to get a degree, maybe work in it, or be an engineer, helping walmart conserve energy. even today, when our store does well, i earn quarterly bonuses. when people look at me, i hope they see someone working their way up. vo: opportunity, that's the real walmart. >>> we want to get back to our top story right now. the demonstrations at the florida capital in tallahassee, demanding the repeal of the stand your ground law, which allows deadly force even, if necessary. george zimmerman's legal team did not invoke the law as part of the defense, but it does impact the judge's instructions to the jury, and the juror b-37 told our anderson cooper exclusively that the stand your ground law played an integrat