i was at deputy chief dudley's retirement yesterday and he's given 32 years to the city.he will be a proffer professor t san francisco state. he was there with his wife and two sons. his wife is a physician in the city and it was a nice event, very well done. >> thank you for being there. >> president mazzucco: commissioner loftus. >> are we doing reports? >> president mazzucco: yes. i want to catch up with the chief. with reference to our reports, dr. marshall -- >> vice president marshall: no. >> president mazzucco: during the break i stayed this contact with the chief about the issues coming up and the events. i attended a crisis intervention team meeting with commissioner chan and our through commander assigned is commander korea, did an excellent job, retirement of chief dudley. that's about all i have to report. dr. marshall, you want to say something? >> vice president marshall: real quick i want to thank you for your acknowledgement for my going to washington friday to talk on this issue of gun violence. i mean i tell you, when i got the invitation, i was stunned.

>> dudley do right. >> dudley do right, whatever. this comes from only talking to each other and listening to the rush limbaugh that call women babes and think that's that's okay. >> thank you, joy and regan. >>> coming up, coincidence in the age of conspiracy. why do so many people believe in conspiracy theories? the fact is the more you know the less likely you're to believe in them, except the republicans the more they read the papers or watch fox, they're more likely to believe in conspiracy theories. well, say the word fox. >>> obama and clinton alliance are doing a joint interview on "60 minutes." this is a fascinating event. the president of the united states with a duet with the secretary of state. this is big time. something is up. >>> and what must joe biden -- what is he going to watch sunday night? can you rig it? republicans in five battleground states are looking to change the electoral voting process again. the five battle ground states where obama won, it would look like this where the republicans winning a third of t

>> exactly. >> trey dudley, university of arkansas freshman. school's nickname, the razorbacks, obviously you're a sharp young lady. thanks for coming on. >> thank you. >>> coming up in the next half hour, live pictures here of a soldier who lost all four limbs in iraq but this morning, good news that has given him a new lease on life. >>> plus, we get you ready for the big easy with some smooth jazz. and nbc4 meteorologist tom kierein is back with the latest on the >>> right now, president obama is in las vegas, in about half an hour, the commander in chief will unveil a major proposal to change immigration laws in america. the white house says the plan is similar to the bipartisan measure eight senators announced yesterday. we'll have coverage of president obama's speech live on nbcwashington.com. >>> and right now, this is a live look at a press conference that's happening at this moment. it's an update on a soldier who recently underwent a double arm transplant at johns hopkins university in baltimore. it was a major surgery for that soldie

in the greek anthology translation by dudley fits, wonderful teacher, tomorrow the wind will have fallen, tomorrow i will be safe in arbor, tomorrow i said and death spoke in that little word, stranger, this is the nemesis of the spoken word, bite back the daring tongue that would say tomorrow. we marvel that keeps's ability to imagine what it would feel like to be a billiard ball rolling across the smooth table. we hundred for lives that had the emotional range of shakespeare's sonnets. if we were going to be saved we knew it would be by literature. there was a french historian who put it best for me as i tried in my mid 40s to turn from biography to life writing, history, you could think he meant to include biography and fiction, history, he said, is not a narrative, it is not analysis, it is a resurrection. this is some of what brenda wineapple has in mind. how you do it is another and more complicated matter and i will not try to get into that this morning, but bringing your subject back to life is a great and worthy goal. if i might quickly wrap up, to as rap hound's advice to make

dudley moore.erisk next to bob denver? oh, my god. - oh, that's not even the worst part. look. page 73. - is that even possible? - oh, this is gonna kill mr. monk. he's her biggest fan. - natalie, there she is. it's really her. i can't believe somebody tried to hurt her after she brought so much happiness to so many people. - we know. - we've seen the list. - excuse me, christine. miss rapp. miss christine rapp. hello, yes, this is such a tremendous-- i'm, uh-- i'm gonna keep this forever. - why? - it's actually quite an honor, believe it or not. - cathy cooper all grown up. - this isn't really a good time for us right now. i'm sure you understand. - yeah, i should explain. i'm adrian monk. i'm working with the san francisco police. that's why i'm here. i'm not some crazy, fanatical groupie. god, i can't believe i'm actually talking to you. - i'm natalie teeger. i'm mr. monk's assistant. - natalie. natalie. why are you wiping? - tell you later? - how do you feel? - i feel very lucky. - of course. -

>> dudley do-right. >> dudley do-right, whatever. idea is, first of all, they don't understand their problem. this is what comes from only talking to each other and listening to the rush limbaughs that call women babes and think that that's okay. the idea that you could stand up and disrespect the most popular political figure in the country and a woman to her face in a completely disrespectful way, it's of apiece with the susan rice treatment. she's not smart enough to be secretary of state. >> who said that? >> that was john mccain. this whole disrespect toward women, the idea women can't control their own reproduction. they're not smart. we need to protect them from -- >> you have a lazy black president and stupid women and the cliches that these are like out of something in the 1920s. where do they get this stuff from? >> this is all part of planet republican. i mean, they're not viewing the demographics right. they're not viewing the policies right, and their tone, they're tone deaf again and again. >> what are they up to? are t

. >> yellen, and william dudley. they're all doves. they're never tighten in our lifetime. arthur laffer, let me ask you this. is he write in theory, in other words, given what the fed has done in all the recent years, shouldn't inflation and interest rates be higher than they are today? >> well, not given what the fed has done. they bought bonds and kept the price of bonds up, larry, which happened during the periods as we had all sorts of shift. if you read the editorial today, it is time for the fed to try to unwind these transactions. it's a very tough thing to do. they can do it. but it's a tough thing to do to bring it back to controlling the monetary base growth and money supply growth. >> would you buy or sell stocks? >> i would sell stocks. i would buy puts on the market. >> i was going to say the fed is talking about raising rates, ending qe on financial and economic conditions. their gdp forecast is way above consensus. 2.7%. so yeah, with q.e. end, yes, but are we going to get that this year? >> they said it even -- they said they wouldn't do it until the unempl

. >> reporter: and those thoughts were also echoed by bob dudley.e american who rose to the top of bp after the gulf oil spill. dudley putting out a written statement through bp today, saying that supporting the families is the company's priority right now. also, he's calling this, this sad and uncertain time. that's quite a bit of an understatement, particularly for the families involved here. so little information, again, and so much time going by without any answers. erin? >> david mattingly, thank you very much. and those americans are in our thoughts tonight. the terror and fear of what they're going through right now is hard to imagine. don umbrellaly is a former senior fbi official who now trains personnel from energy companies and government hostage teams on exactly this kind of thing. fred burton is a former special agent in domestic terrorism for the department of state. don, you've been in these kind of situations, hostage negotiations. what is your -- so far, and i want to recap here for our audience, the americans are saying, look, we d

bp chief executive bob dudley said 14 of the 18 foreign employees are safe. >> we are not able to confirm the circumstances of four of our employees. tragically, we gravely fear that we le about seeing fatalities from this group. >>al jeeron troops discovered heavy machine guns and rocket launchers and grenades. the hostages said the explosioners were wired around their necks. this man was identified as the leader of the attack. he is a lieutenant of newspaper tar, head of an al-qaeda linked group based in north africa. the oil company running the plant said the attackers had the entire refinery booby- trapped and would be days before the clearing-out process is complete. charlie d'agata, cbs news, london. >>> an attempted assassination fails after a gun doesn't go off. the long time leader of the movement for rights and freedoms escaped unharmed. security guards were seen beating and kicking the attacker. they arrested a 25-year-old man, no word on why the attacker targeted the 58-year- old goingan. >>> across the country, they called it a rally in support of the 2nd amendment. a look at

to be fair, dudley would eventually become a leading advocate of extraordinary fed policies.oth of those institutions we mentioned there would ultimately fail. what the transcripts showed was a minimizing of the fallout to one that eventually embraces the gravity of the situation and pulls out all the stops. why is it important now? because the market is asked the question will the market see the next threat to stave it off? at an august meeting ben bernanke says he doesn't really want to cut rates to give the impression of a bailout. by december he says, quote in, proposing liquidity measures there are the usual moral hazard issues, in my view, at this point, the imperative trying to help markets function and normalize is the stronger. to be fair, the fed's ultimate response to the crisis reversed decades of doing policy one specific way. they really had to throw out the rule book, and the minutes showed them the process of them throwing that out. once they made the change, they generally don't look back, but it does raise the question, maria, will they be able to see the ne

bob dudley said 14 of its 18 foreign employees at the plant were safe. >> we are not able to confirm the circumstances of four of our employees. tragically, we gravely fear we will be seeing fatalities from this group. >> reporter: algerian troops discovered a cache of heavy machine guns, rocket launchers and grenades. local media have identified this man, abdul nijeri, as the leader of the attack. he's the head of an al-qaeda- linked group. the algerian oil company running the plant said the attackers had the entire refinery booby-trapped and that it would be dayed before the clearing out process is complete. >>> shocking video out of bulgaria tonight. an assassination attempt that failed when the gun didn't fire. the gunman jumped on stage to shoot the long-time leader of the movement for rights and freedom. the gun apparently got jammed and the 58-year-old escaped unharmed. security guards were scene kicking and beating the attacker. bulgarian authorities say they arrested a 25-year-old man. no word on the motive behind the attack. >>> tonight we've learned that two men from san f

chief executive bob dudley said 14 of its 18 foreign employees at the plant were safe. >> we are not able to confirm the circumstances of four of our employees. tragically, we gravely fear that we will be seeing fatalities fatalities from this group. >> reporter: algerian troops discovered a cache of heavy machine guns, rocket launchers, and grenades. hostages said the explosives were wired around their necks. local media have identified this man, abdul rahman al-nigeri, as the leader of the attack. he's a lieutenant of mokhtar belmokhtar, head of an al qaeda-linked group based in north africa. the aljean state oil company running the plant said the attackers had the entire refinery booby trapped and it would be days before the clearing out process is complete. charlie d'agata, cbs news london. >> axelrod: now to the story about the football star and his online girlfriend who turned out not to exist at all. notre dame linebacker manti te'o has now broken his silence and dean reynolds is in south bend indiana, to bring us up to date. good evening, dean. >> reporter: justifying, jim. w

. >> dudley, my acrobatic puppy. our new centerpiece. >> see, there is something wrong there.d it take him to get the dog to do that? and what horrifying things did they get them to do that? jay the horrifying thing is -- gite horrifying thing is holding the dog in place. >> i want to know he is being held up not by something. >> he doesn't seem to hate it. >> because he got into patrick kennedy's oxycontin. >> from a personal experience it is not that bad to beheld up that way, but what am i talking about? should the governmental people how to spend money even if it is taxpayer funded money? >> i don't think so, unless it is taxpayer funded money to tell you to do something specific. so if i give you money to carry out a contract, you should do your contract, blah, blah, blah. but people are trying to drug pest welfare recipients to put different conditions on things. if you are going to give people money they will spend it. poor people will spend it worse than rich people are depending if it is patrick kennedy or not. if it is poor you will spend it on booze and cigarettes f

in 2007, bill dudley, new york fed president at the time, head of the new york fed's operations deskave done quite a bit of work trying to identify questions surrounding bear stearns and can country wide and commercial paper programs. there is some strange but so far looking as if nothing is imminent in those areas. both institutions go on to have serious trouble and fail. this is days before an emergency meeting called it address the financial crisis. one of the more interesting threads is the transformation of fed chairman ben bernanke. from hawk to dove. my own feeling is that we should resist a rate cut until it is clear from economic data and other information that is needed. i prefer to avoid giving the impression after bail-out or put if we can by december he was saying, in proposing the liquidity measures there are usual hazards and so on in my view at this point the imperative of helping markets function more normally and support economic functioning is stronger. putting more hazard decide there. it is clear from transcript, to be fair, response spo tot crisis of decades, do

keep your eye on what the leadership, ben bernanke, janet yellin and bill dudley think. i don't think any of those guys are ready to take their foot off the accelerator yet. the key thing to remember is if a year from now the fed is realistically thinking of stopping the quantitative easing, it will be because the economy is doing what they want it to do. the economy will be growing 2.5%, to 3%, unemployment down to 6.5%, a really good scenario for the stock market, and they will not be worrying about the fed pulling back because the economy will be doing what they want it to do. >> greg, if there's any concern that markets should have, as you reiterate today, it's maybe more on the fiscal policy side of things and what's coming out of washington, not from ben bernanke but cap hill, and i was surprised to read your take comparing policy today is the equivalent of beirut in 1982. >> kelly, i don't mean that in a bad way. except for the bombs going off it's felt a bit like civil war on the fiscal front in washington for the last two months, two years actually, and the mark

that's where dudley tended to come up short. >> a leverage ratio, they might want to look at that. >>e -- maybe people don't want to tell the truth because they're afraid of getting regulated. someone will come in and say, listen, if you say you have problems, i want to look at your bank. >> but you can't sit there in an ivory tower. you've got to have sources. at the end of the day you can call up and say, what's really going on. it can't just be tim geithner. they have to be people in the market. >> it's remarkable how complacent they were. really remarkable. >> the piece of tape that will go down in history, i'll tell you that, jim. >> i wasn't ever taking it back. but i tried to soften it later on and came back on air, i didn't want to be part of the story. i just wanted them to wake up. i clearly woke them up and they thought it was really funny. and he who laughs last, laughs last. >>> congressman leven about ending the standoff. but first -- >>> launching into a market like this can be tough. but we have someone here who can help minimize the damage. jim cramer and 6 stocks in

ben bernanke in i believe this is the second of two emergency -- sorry -- bill dudley first. they're all interesting. let's talk about maybe the ben bernanke quote. he says, my own feeling is we should try to resist a rate cut until it is really very clear from economic data and other information that it is needed. i really prefer to avoid giving any impression of a bailout or a put if we can. this is from a fed chairman who is concerned about there being a bernanke put out there. of course this is with the rated 5.5% or so. it would eventually go down to zero. moving on to another -- >> let's have him stick around. >> another meeting, bill dudley saying we've done quite a bit of work trying to identify some of the funding questions surrounding bear stearns and countrywide and some of the commercial paper programs. there is some strain but so far it looks as though nothing is really imminent in those areas. of course problems at those two financial institutions would create and blossom within the next several months. timothy geithner doesn't look too bad toward the middle of

dudley hirsch back, nobel prize in physics said the book is amazing and fascinating.obody is going to endorse big bagel theory by itself, it is a risky move. i told you neil the grass tyson -- buzz aldrin produce me to neil digress tyson, he returned my e-mail land the lovely form sent i make a policy of not commenting on new cosmological theories. it is dangerous. you go out on a limb with one of these things. eric, one of the members of the audience, we never met before but turns out he has worked with neil digressed tyson and in the got a problem you will read about all these alternative cosmologies which support in some way the big bagel's the. of course it is my book and i wrote it that way. any other questions? come up acquistion. >> not really a scientific person, you seem like a happy and well-rounded guy. if you don't believe in god or a higher power, how do you explain, how you explain your positive outlook on like. >> if there were a god, let's go back to einstein the talked-about spinoza's god, it would be a creative force in the cosmos, the very thing i a

paul dudley white is the father of cardiology -- lived in boston, invented the e.k.g. machine -- and he said "i have two physicians -- my right leg and my left leg." [ laughter ] now, the key to a sustainable healthy lifestyle is learning caregiving where you include yourself in those who are getting care. this is what leads to burnout -- you don't include yourself. now, i use the breast-feeding model of healthy caregiving. and here it is -- if you are a breast-feeding mother, you have to be well-nourished and have enough fluid, and you have to be rested in order to produce enough milk for your baby. now, when you produce enough milk for your baby you nurse the baby, and you produce all this prolactin that opens your heart. it's the bonding hormone makes you feel really good. the baby feels good. the breast-feeding relationship feels good. the baby's happy. you're happy. but if you are stressed out, if you have no nourishment whatsoever, you're not including yourself and that breast-feeding relationship does not work. it's the same with any caregiving you do. self-sacr

bill dudley, who is part of the leadership arguably was concerned about it and talked about it in a fewt great and there is a bit of a pickup in the core, there will be at least a debate about tapering those purchases. >> i had brought on an entire report on inflation that i'm pretty sure joe knew about so he directed the conversation else where to make sure that we didn't -- >> you had a report? >> i brought a bunch of screens to talk about the big inflation debate which i think is something worth talking about. i still think that bottom line, i don't think we're at or near that, either hyperinflation, or even inflation at 2.5%. >> that's some nice screen -- nice screens. >> you did it in one sentence. >> so you can do it -- >> i can if i need to. i can if i need to. since we have -- i don't think it's a problem for this year. >> good. rick, what will a high on the ten-year be next year on the yield? >> this year -- >> for 2013? >> this year, yeah. >> i think that the high yield for this year will be between 225 and 235. >> okay. >> and i don't think we'll be up there long. >> 2%. >> r