tyler farr and the guys!

farr. mr. farr: thank you for yielding. thank you for your leadership on this bill. i rise in support of this bill for many reasons. the first reason is that america needs to market itself. you'd think -- you think, oh, everybody loves america. what i found in my travels is that not everybody has the same opinion about america. if you turn on your television right now, the rest of the world is trying to get people who live in this country to go travel to their country, go to spain, go to the caribbean, go to new zealand, go everywhere. go to canada. it's all trying to get our people to be tourists in their country. well, finally, we did something about it. we've been doing this in agriculture for a long time work agriculture marketing act, we decided, let's market america. let's tell people what this great country is and how you can get here and what you're going to see when you get here. it's had a tremendous effect. it really has. to me the biggest jump starter for jobs you can do because tourism is everywhere. it's all those things. it's restaurants, it's museums,

joined by quentin hardee of "the new york times" and christina farr for reuters. apple, sis coker ibm, amd, you have made the tour. i mean, those are some of the bilgsz, most important companies silicon valley that the hardware space has to offer. >> i have been very fortunate a chance to work with great companies and really great people driving innovation. >> all right. so let me ask but this surround computing. we have talked in the past about the internet of things, with several different guest. it's kind of the internet of things, but it's big they'ren that, right? explain it to me. >>> it s internet of things describes how all of these devices are being connected, the locks on your door, your thermostat, you know, even at work, right? hefring is getting connected. what is surround computing? it describes fundamentally that these changes are leading to a different way in which we interface with computing. it is immersive. it's a natural voice. it's the gesture recognition and bringing information to you, contextually aware and realtime. >> you're kind of assum

>> tyler farr, you guys. >> moving already. it's moving already. we can tell. >> hot, humid. shore. live look at cape may, jersey shore, popular destination this weekend. rough surf out there. there are some concerns about rip concerns because of hurricane arthur. that category up the east cot

>> tyler farr and the guys. >> moving up, baby. >> moving already.rea's bob redell, live outside the center in san jose. bob, despite the problem, no emergency calls went unanswered, correct? >> reporter: yes, correct. good morning to you, scott. that according to the head of the communications center, who tells us that when the power went out last night in his the dispatch room, they immediately flipped their 911 calls over to san jose's dispatch center, which is their backup in a situation like this. the center set up an incident command in their parking lot out here, so they could dispatch those 911 calls with portable

>> let's do a stock brawl with michael farr of farr, miller and washington as our bull, and david nelson is taking the bearish side. good to see both of you, as always. michael, you're hardly a raging bull, though, on this, are you? >> well, this is kind of hold your nose if you're going to do it. i haven't been a fan of the banking sector. i have a clear underweight there. but look, this is -- the bad news i think is out. this stock is selling at a 15% discount to tangible book value. so, it's not overvalued. you just got 7 billion problems out of the way here, everybody hates it. and for investors -- so, everybody hates a stock, that's really when you have to take a look. and this one has an added bonus. this has got a saudi prince who's worth $21 billion who's investing all along. if they're going out of business, this is probably not a bad valuation to get into citigroup. >> david, do you have other concerns with this? >> no, the valuation certainly isn't high, but it's cheap for a reason, kelly. first, look at this bank. i look at some line items in here, and there's some red flags

farr: thank you, madam ranking chair, for yielding. i rise, madam speaker, on this bill with great concern. i feel bringing a lot of fashions to this debate because i lived in the barrios, like the ones children were coming from, when i was a peace corps volunteer in latin america. this is not a border crisis. this is not a border security issue. this is a humanitarian crisis. it's caused by problems on both sides of the border. our country has a lot at fault here because we have not addressed comprehensive immigration reform, which means we have 11 million people living in the united states undocumented. they are essentially incarcerated in this contry. they are not allowed to go home because the minute they go home and try to get back to the united states, they get arrested and they are not allowed to ever return. or barred for 10 years to return. what happens? they have been living here for years and years. they have children that they left because there were job opportunities here. and those children are now living in places that a

farr: thank you, madam ranking chair, for yielding. i rise, madam speaker, on this bill with great concern. i feel bringing a lot of fashions to this debate because i lived in the barrios, like the ones children were coming from, when i was a peace corps volunteer in latin america. this is not a border crisis. this is not a border security issue. this is a humanitarian crisis. it's caused by problems on both sides of the border. our country has a lot at fault here because we have not addressed comprehensive immigration reform, which means we have 11 million people living in the united states undocumented. they are essentially incarcerated in this contry. they are not allowed to go home because the minute they go home and try to get back to the united states, they get arrested and they are not allowed to ever return. or barred for 10 years to return. what happens? they have been living here for years and years. they have children that they left because there were job opportunities here. and those children are now living in places that a

-- farr thank you >> thank you! how about women competing for men, right? i really like all of the other competitions you all caps do you have another one? >> there are are women who crumble and submit to that well. >> ok, good. goodbye to all that. this sets women apart from other women. at the bottom of the paragraph, goodbye to the illusion of strength when you run hand in hand with your oppressor. what does that mean? that one may not be so easy to get. the illusion of strength when you run hand in hand with your oppressors. >> we talked about before how in this document she mentions there are those men out there that think they are liberating women, but in reality they are oppressing them. it is those men who are siding with the women, but in reality some of those men realize they are not really helping them at all. >> could be. yes. >> we talked about institutions and how it is not men you oppress women, but institutions run by men. i think with women participating in these institutions, they're kind of going with what they are doing, and it was also

our reporters, christina farr from reuters and quentin hardee "the new york times", this week, on "pressorning, everyone, i'm scott mcgrew. i bought a new car recently, nothing very fancy, bun of the features is it turns the high beams on automatically and it senses the road's too dark and the millisecond another car comes my wake the high beams dim. this tech whom is not earth schaadt herring but here's yes bring it up. i will never think about my

michael farr is here and cnbc contributor and paul christopher is chief international investment strategist at wells fargo advisers. were be we talk to them let's run through the numbers and get you started with an update on the markets. the bear is out today with a small caps leading the big sell-off. right now the russe 2000 is dow two-thirds of a percent. the s&p mid cap 400 having their worse weekly loss in three months. the fears about yoo up's and portugal's second largest bank at risk of missing a debt payment. that's what started it all. michael and paul, how concerned should we be about this overseas economic and market picture we've seen. paul, i'm going to do to you first. i guess the big question down here is whether santos is an isolated incident or one that is going to be the beginning of a chain? what do you think? >> well, we think it's more idiosyncratic, maybe a one-off here. we've already seen for several years what the banking problems are in spain and portugal. the european banking authority and ecb already have some steps in train to help improve the situation there. i

bke] farrs,w lievwhatou d't kw eamwk byr. soll' ke wfor insud drers? t corage [rot] oh. k[pf. lk tfarms t corage d gesmarr abt yo surae. ♪e arfarms bu- pa dum m - m - m - m♪ >>:erice but it's not his blood be out there so were heading out to mild weather with oakland at 63 degrees. expected to be ted to 50 degrees warmer this afternoon that what we had yesterday. how weather and lead. the full details of what to expect at the weekend forecasts. >>:geroge: west of on a high wave 92 just before highway 1018 accented here that is really backing up the ride. it's back it up traffic to the west end of the set of detailed bridge. a 80s south wall is added to the slow ride. earlier of current problems at a rally road at what was no. all has left traffic backed up. south bay freeways like interstate 280 are extremely slow this authority. this means we could be looking at a huge backup west palm. -- west bound. the dumbarton is not a good alternate. the bay bridge will make a good alternate. the bay bridge back up is almost completely gone. >>: will? developing news this morning. there

peter book farr, friend of cnbc, e-mailed me.mpare that to the average of all of 2013 at 430,000, give me your comments on all of that and today's number in general. >> today's number was kind of shocking down 12% year over year. the big revision in the last month. remember, demand always precedes or sales volume prices. our next price, rick, has to be lower prices. people need lower prices to buy houses. this is clearly not a supply problem. we've clearly changed trend to demand destruction in both existing sales, new home sales, starts. it's all looking the same. one or two months you might be able to blow off but after this many months, this far into the year, this nuclear fed policy for this long at zero percent interest rates for five or six years now, this is all we get. this is clearly a structural demand problem. >> let me interrupt you right there, mark. i so agree with you. i did this thing with you in february 2009 where they said low interest rates, you can put them in negative territory. that's not going to really he

richard farr, thanks for taking the time, sir. >> thanks for having me on, rick. >> richard, a turningr. you have a chart that hopefully we're showing right now that shows part-time versus full-time. why don't you elaborate recent years? >> sure. well, this is a blip for sure of the roughly 300,000 jobs that were created last month according to the household survey. when you look at the establishment survey, of those 300,000 jobs, 800,000 were part-time which means there was actually a loss of roughly 500,000 jobs, full-time jobs. so far it looks like a blip. so, you know, i wouldn't raise too much of a red flag. when you look at other things that are happening out there in terms of you're not seeing really any material increases in average hourly earnings or hours worked. it starts to tell you that there may be a trend in the economy of a shift from full-time employment to part-time, and there's obviously some reasons for that with the obamacare. >> well, you aren't the only one that seems to have gravitated toward scrutinizing this issue because this morning in "the wall street journ

. >> how much of a difference did brett farr of make throat? a big difference. >> i think partly because of his record pointing immelt how conservative. >> mark you have an article in "the new york times" the headline was political ad man finds the personal in the democratic hopefuls with real people and unless i misread it you were turning on its head the assumption that only negative ads work. that they talk them down but in the and they do something different. >> the kids back to capturing your candidate with all the super peck's they're filled with information about your opponent. not to say they don't have a responsibility at times but we have this unique thing we can capture and they're positive reasons and this is a flurry of negative advertising. one of the campaign's wishes mark they gauge from alaska starts with his history for alaska and we could tell those stories. nobody making things up but it was really him. those types of ads stickout the negative thing comparative advertising does make it impact but it does elevate because that

affecting some of the fourth of july farr worked late and especially san fransico all in all everyone had a great time as one of yours today talking about some pretty nice weather. in the south bay we'll see everything from madras '70s and places like mountain view to the 80s in sunnyvale santa clara. evergreen one of the warm response from the bay area with a high of 91. over the east bay this where we see some the warmest temperature as its bread and it meant when antioch richmond today only 64 and upper 70's in san leandro. along the coastline anticipate cooler weather ocean beach staying in the '50s or '60s for downtown san francisco oakland to a checking in with high of 73. we will see warmup that will continue on as we head into sunday's monday and pass the temperatures gradually cool we will continue the pattern of morning fog and afternoon sun >> : california highway patrolman has been videotaped beating a woman >> : with a from a hot california freeway should stunned at what using unfiled a woman being punched over and over by a california highway patrol. the new heat see her

farr, who i believe will speak in a few minutes, for their work on this legislatn

farr, each will control 20 minutes. the gentleman from texas is recognized. mr. mccaul: i ask unanimous consent that all members have five legislative days to revise and extend their remarks and include extraneous material. the speaker pro tempore: without objection. mr. mccaul: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. mccaul: i rise in support of .r. 3696, the national cybersecurity and critical infra structure protection act of 2014. i've worked on this for a long time with my colleague, the gentleman from pennsylvania, congressman meehan. i'd like to thank ranking member thompson as well as ranking member clarke of the cybersubcommittee for their hard work in forging this bipartisan bill. these efforts once again prove that we can work together despite our differences to craft legislation that improves our national security and help prospect american critical infrastructure from devastating cyberattacks. just last week, the homeland security committee heard testimony that we in a pre-9/11 mindset, whe