>> eran muy niños y se vieron una sola vez, por eso insisto que no debes casarste econ estercita, hazmecaso ,tu vida está atada a marina rebelde, ella es tu destino, ella y sólo ella. ♪. >> marina. ♪. >> está demostrando amor, cariño, usted no se puede perder ningún sólo segmento . >> fue él el culpable de eso . >> vuelta de talento, vuelta de talento .

global did but members of congress don't like angry phone calls or answering them and bed bob hogs fake econ staff of former assistant treasury secretary paul craig roberts and i profiled purdue pharma and here's what they hear prime minister. despite massive debts the us is now able to borrow at record low rates thanks in part to quantitative easing it is a world of disc information and misinformation and which facts are fiction and abstract theories are substituted for empirical reality not unlike the movie the matrix in which an entire population lives in an alternate reality now those are the thoughts and words of paul craig roberts who i spoke with earlier he is the author of the failure of laissez faire capitalism and former assistant secretary of the us treasury so i first asked him about the federal reserve expansion of the monetary base. create that many new dollars you threaten the dollars exchange value and lo and behold the gold price was taking off and nineteen hundred dollars an ounce and that signaled to the federal reserve that the dollar's exchange rate of return says would

you know, one of the rules of econics is you go to where the cheapest supply is. and if the saudis have cheaper oil than we do and they do, then we should use it. and that's just the way it is. if we don't buy it and we start pumping higher cost fuel out of canada, someone else is going to buy it. they're going to have just as much money they want to do crookedly or not. why wouldn't we want the cheap oil? i don't think we're going to drill -- we're not going to outdrill the audis. our innovation is technology. yes, we've had a huge technology boom that led us produce our oil production to saudi levels in recent years. but ultimately it's going to be something really unseeded. maybe 10 or 20 years away from that. we have already drilled all the he's why toy get oil. we're in a mess because of it. once we drill hard to get oil which is what we're doing now, then the saudis are going to go after the oil and be more powerful. tracy, what do you think of that? >> i don't know. they hate us. they hate us. so who cares if their product is cheaper? and to gary's point, w

economy suffers this is econ one hundred one that implicit contract between society and the businessowner used to be common knowledge in this country until the reagan revolution was kept intact by businesses now however corporate america has thrown it out the window wal-mart is arguably the most egregious example the nation's largest employer is one big corporate welfare scheme for that company's executives and the multi billionaire walton family wal-mart makes nearly thirty five thousand dollars in profit every minute and as of two thousand and twelve its average annual sales stood at four hundred five billion dollars according to mother jones the six walton's was money comes from wal-mart control an estimated one hundred fifteen billion dollar fortune in total it's more than a staggering forty two percent of the wealth of all americans combined and where did they get all that money they took it out of their business instead of paying their workers a living wage thus at the same time that walmart executives are raking in millions and the walton family fortune is ballooning wal-mart'

i mean, is it as just as simple as econ 101, when there's more competition, it drives prices lower? what's going on? >> that's essentially it. you're exactly right. the other factor that's really affecting it is large institutions are entering, and they're giving larger allocations. so it is econ 101, both in terms of more competition, but also more assets coming in and then able to demand that they get fee discounts. >> yeah, what about performance, ron? isn't that part of it? a lot of the hedge funds have been underperforming just the basic averages as investors go for the indexes and etfs. they'll have to give back, right? >> well, i don't know if they have to, maria. >> they don't have to but -- >> they don't have to. it will be a multitiered process. when you see newer funds come to market, when you see funds without the spectacular returns, there mighting some discounting. it has to be across and available to all investors in a single fund. you can't treat investors differently within a single fund. those, however, who have continuously and have for a long time now put up very

did but members of congress don't like angry phone calls or answering them and in bed bob tog's fake econ staff of former assistant treasury secretary paul craig roberts and i profiled purdue pharma and here's what's been your prime interest. despite massive debts the u.s. is now able to borrow at record low rates thanks in part to quantitative easing it is a world of this information and misinformation in which facts are fiction and abstract theories are substituted for empirical reality not unlike the movie. the matrix in which an entire population lives in an alternate reality now those are the thoughts and words of paul craig roberts who i spoke with earlier he is the author of the failure of laissez faire capitalism and former assistant secretary of the us treasury so i first asked him about the federal reserve expansion of the monetary base. create that many new dollars you threaten the dollars exchange value and lo and behold the gold price was taking off and nineteen hundred dollars an ounce and that signaled.

favor econ stats think growth disputed product and forget doing bob went to war with mark levine over capitalism itself so thanks for watching and come back on monday from everyone at prime interest i'm perry and boring and have a great weekend. if you leave the economic ups and downs in the fun at the long day the longer the deal sank i and the rest that life would soon be case you'll be everything we can all sleep. more syrian kurds recall seeing civilians as slaughtered as their villages are planted by al qaida linked rebel fighters splinted opposition militias in gage and deadly rivalry. president obama says moscow and washington his relations need some time out as foreign minister says there's no cold war shadow and both poles need to act like adults. and to the battle for moscow begins at six candidates vying to become mayor we're going to why the campaign is a real nail biter for those leading the race.

of market -- a major market sell-off despite pretty good econic reports.ur chief economist tells us why the fed keeps talking about tapering. do they believe know so little about economics and the fed? we w the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can any airline anytime. two wds. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard growing contest and go! ♪ win! what's in your wallet? win! a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together lou: by next guest says the stock market has gone from

marketing that cost needless lives and paul craig roberts questioned the legitimacy of our favorite econ stats i think gross disputed product and forget dueling bob went to war with mark levine over capitalism itself so thanks for watching and come back on monday from everyone at prime interest i'm sorry and boring you have a great weekend. i was a new alert and a big scripts scare me a little bit. there is breaking news tonight and we are continuing to follow the breaking news we're. alexander's family crying tears of joy and your grave thinking. that there's. a core of wall around online there's a story made sort of movies playing out in real life. today on larry king now the stars of one life to live on the shoulder telling the story show. prospect park very smartly said no this is not an inn and we need to put this back on television and our fans were very very happy on their carriages crazy years story lines my twin sister from different fathers to now we have the same other have happened she has part of my liver. plus i was i was fired from saved by the bell you know what a lousy a

marketing that costs needless lives and paul craig roberts questioned the legitimacy of our favorite econ stats think growth disputed product and forget dueling bob went to war with mark levine over capitalism itself so thanks for watching and come back on monday from everyone at prime interest i'm sorry and boring you have a great weekend. what defines a country's success. faceless figures of economic growth. for a factual standard of living. for your. life you know i'm. a pleasure to have you with us here on our team today. and. luke. tonight called in the crossfire kurds living in northern syria face a deadly onslaught from al-qaeda extremists ready to wipe them out to make way for a breakaway islamic state. barack obama accuses russia of reverting to a cold war mentality while moscow declares old hostilities dead and buried we reported on the latest chill in relations triggered by the snowden dispute. and candidates for the post of moscow take this skirmish to the media radar as we report on the campaign promises of the main rival.

marketing that costs needless lives and paul craig roberts questioned the legitimacy of our favorite econ stats i think gross disputed product and forget dueling bob went to war with mark levine over capitalism itself so thanks for watching and come back on monday from everyone at prime interest i'm sorry and boring you have a great weekend. it was terrible. the city was on fire nobody knew what was happening. five days without a break we were terrified of. there was no communication only tanks all around us we came out to find georgian democracy in our streets. that any one of us could have left straightaway but we knew that our first duty was to defend our homeland now that we've had peace since two thousand and one of the places reviving and coming back to normal but it since april twentieth twelve i've been the president of the republic of south ossetia i'm very pleased to see his own people is so positive about building and strengthening our country's state. we live in a city and we love it everyone loves his homeland right and you know we didn't expect to live through five years of

marketing that cost needless lives and paul craig roberts questioned the legitimacy of our favorite econ stats i think gross disputed product and forget dueling bob went to war with mark levine over capitalism itself so thanks for watching and come back on monday from everyone at prime interest i'm sorry and boring and have a great weekend. i was a new alert and a big scripts scare me a little bit. there is breaking news to. we are continuing to follow the breaking news. the alexander's family crying tears of the lawyer and in the grave other that there have been rendered in a court of. there's a story made sort of movies playing out in real life. wealthy british soil. that's the time to write for. market why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cons a report. coming up president obama met the media just a short time ago here in d.c. a large part of his news conference dealt with concerns over the n.s.a. surveillance state and edward snowden's leaks are political commentator w

to take econ 201 and i really fell in love with econ. i never looked back. here i am.ost: and you kind of lived it yourself. are there things you know now that you wish you knew then? no, i actually feel like i have been blessed with -- i made wise choices and that i really did get into an area that i have a passion for, and that has been very rewarding. coming to the washington area, there are a lot of economists here, a lot of opportunity. it has been a great ride so far. host: richard fry with pew research center talking about college worth and information. you can find out at the pew research center. as her fry, thank you. guest: thank you. host: today in washington, d.c., a celestial event here commemorating the march on washington. live shots of the lincoln memorial where the event will take place. our next guest will talk about the march as well as a civil right act of 1964. american universities clarence lusane. he will talk about that as "washington journal" continues after this. ♪ loss.on't want to see the frustrated when i see so much loss of state and local

those other groups of people that are out there that are really affected econically by the situation. so disappointed in this that i will tell you regular america looks to what goes on. another record high. the news for regular americans is so bad. who are those people? what are they doing buying and selling stocks? why is there such -- you talked about ben bernanke. at what point will wall street say, you know, this has got to get better? >> well, the administrative policies have not been great. congress on both sides of the aisle has done people no favors. median household income is down since president obama got into office. one big asset is our homes. those are down. things that are reall big factors are not going well. the fat cats on wall street are getting fatter and fatter, but the policies, higher taxes and more regulation, we can all agree is not working. gerri: the policies are benefiting the wealthy more than their benefit in the middle class. >> that's right. they are not making the impact that the president or saw his car is like uso think because the numbers speak for t

greg is the econ con mist. >> do you get calls saying, what's going on with my money? >> yeah, right. we work with some of the largest financial advisors of the country. right new, pretty consistent the last two months raising cash. cash of course has a negative carry value but it doesn't go down in value, hence as long as there is no inflation and gives investors a chance it buy at a lower price. >> what are you telling them to do now? >> advisers are looking at their retail client and saying, hang in there. volatility is low ahead of the long weekend. that should pick up among syria uncertainty next week. stocks are thinly traded. now may not be the time to be a hero just yet. >> dennis, if the world made sense, what -- you want to do that now? let's get earnings. john, what do you got? >> news from the numbers on q 2. and 957 nongap eps is 9 cents. guidance is also good. wall street looking for 1.4 billion. sales slightly above 1.05 billion. street wanted another seven cents and sales forces got between 8 and 9. sales force also raising the full year, 2014 fiscal ye

. >> this all sounds good, very econ 01, but the doj is wrong.ere's very little overlap on these carriers. the major winner is sherwin williams repainting airplanes. i don't like mergerses but in most cases -- there's not one community that will go down to one airline as a result of this. in reality several communities will benefit. >> shepard: then what you're saying is this is different from, let's say, delta and northwest. delta and northwest had a lot of overhap laps, -- overlaps, delta promised after that merger memphis will not by affected. delta either lied or changed their mind after telling the truth. because memphis is screwed. there was a time when there were eight flights a day from new york and newark and now there are two. >> guess why? 80% of those people on the flights were connecting at memphis. the problem at memphis was not the merger. i know it sounds like it is. we study this stuff. the reality is the 50-seat jet that fed that hub as well as cincinnati, which is being pulled down, they can't make money with oil prices at -- o

this is basic -- this is basic econ 101. >> fine. >> no. i'm just saying, econ 101. yeah.dly, pay them terribly and be proud of your profits. econ 101. >> there's nothing i can say here. if a market supports it, fantastic. i hope each one of them gets a massarotti, that's fine. if it supports that i'm for it. if it supports $15 an hour i support it. come on. let's just not pretend that we can bend the laws of supply and demand. mcdonald's doubles their prices. wendy's doesn't. guess what? wendy's burgers cost less than mcdonald's. guess what? people start making the choice all across america every day, they're going to start going to wendy's. guess what, people get laid off at mcdonald's. well that's great. well i had a $15 an hour job and i had health care last week. what happened, bob? i got fired. why? because everybody's going to wendy's. i'm going to wendy's. how much do they pay $7.5. i mean, play it out. we all -- we all would love fast food people to get paid $15 an hour and if the market supports it i support it. >> i guess you won't be at the protest with me? >>

a very econ 101 idea going on here. each person can sort of optimize for themselves. you give them money, they can buy whatever they need. they are poor and their problem is they don't have any money. >> he can doing quite well for himself in this case. does it work well in all cases? >> it certainly wouldn't work in all cases. you can imagine some guy is going to blow it. >> majority of cases. >> yeah. so what there is a lot of evidence of is developing countries, mexico, brazil, a lot of latin american countries have started giving money to their poor citizens like send your kids to school and get vaccinated. that works well and people spend money and make investments. this program is pushing it a little further because no strings attached. you don't have to send your kids and find out later this year how it's working. >> compelling idea and simplifying things. jacob, thank you for your time today. >> thanks for having me. >>> the past several days we have been talking about the march on washington. today's tweet is from bernie sanders office which said, quote. as a

most economists think the econ

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. >> eran muy niños y se vieron una sola vez, por eso insisto que no debes casarste econ estercita, hazmexplicaciones a washington por espiarlo, hace tiempo que estábamos hablando de lbullying o el acoso por las redes sociales,muy este enorme trauma que provoca que los jóvenes sucumban y hasta a se quiten la vida, de qué forma podemos hacer algo . >> esta hermosa chica es carolina de italia, ella puso fina su vida porque no soportó el acoso que era sometida en internet ,como ella muchos jóvenes alrededor del mundo diariamente son molestados en las redes sociales, los acosadores sin implacables, recientemente tuvimos un caso cercano, ¿recuerdan a sebastián de la cruz? el pequeño estadounidense de raíces mexicanas y fue blanco de insultaos raciales porque cantó el himno nacional con un traje de charro, la ignorancia llegó a tal pnuto que decían cómo era posible que un indocumentado casntar a el himno ,ante esto las redes sociales tomaron medidas, twitter imolementó un botón para denunciar esto, facebook ya lo tenía, la sicologa dice que internet le da a la gente un manto de invisibilidad, p

it is very steep and very rugged and it is sand econ decisions.a hard time getting around. the crews are having a hard time getting around. the dozier is struggling in the sand. >> no easy job. wildfire officials saying they have 20% containment. but it still has extreme rates that have spread. >> thank you very much for that update. >>> new bloodshed in egypt as it plunges deeper and deeper into chaos and where the government and islamists appear to be digging in for a long fight. a house of worship is becoming the latest in the battle for egypt. they were storming a mosque after a 24-hour standoff. and then rounding up hundreds of pro morsi and muslim brotherhood supporters who barricaded themselves inside. leyland vitt -- vitard has more. >> what was a protest of sorts has turned into an armed insurrection in egypt. not only is the army fighting the muslim brotherhood, but armed neighborhood watch groups have taken up and starting the civil war in the country. >> today the brotherhood used a mosque to take hotspots --hote assembled crowd, but t

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the prospects of reform have also stimulated the debate about econic andral have jobs?what does the evidence say about the extent to which immigrants are assimilating into american culture in recent decades? are immigrants and net drain or contributors to the welfare state and did they mainly come here to today many come here? impact of immigration is something that has been debated. what should we expect from increased legal immigration in that regard first is the status quo? these are legitimate questions that go to the heart of one's worldviews on such issues as in equality and fairness the proper role of the state in regulating business and labor, cultural and national identity issues, and fiscal policy just to name a few issues so it's no wonder the sudden interest on the part of republicans and democrats to address this issue has caused heated exchanges exaggerated claims come to and some amount of nastiness. that is why i am pleased today to be able to host a forum for a book that takes a balanced look at a wide range of issues that are being discussed today. the