is not he doesn't have the economy coming back like gangbusters, but that he promised too much. the numbers he was using. i'll get it down to 6% in three years. i'll get it down to 8% in the first year. would any other president be able to do -- bill clinton doesn't think so. take this out of where it was on the edge of the precipice and bring it back from the precipice, prevent a second depression and get people back working again? was anybody able to do better in three years? >> reagan did. >> no, he didn't have a financial crisis. >> sure he did. >> you are playing games now. that was a monetary recession caused by volcker. it could easily be overturned. that was a vertical. that went down and quickly back up again. >> i disagree with you on that. the 1970s was the worst decade we had since the great depression in terms of incomes and wealth. but here's the point. reagan came in during a great economic crisis. read what people were saying in 1980. everyone thought we were on a decline, we would never recover. that the soviet union was going to overtake us. the thing is that t

. $691 on friday gangbuster's!> you might want to take a look at the numbers. $699 is flirting with $700 per share. with $2 million on the opening pre-orders. with at&t, of rice and also impacting the stock but the court-verizon. however, they could have possibly have more orders than their inventory. it could might it migh told until the october. >> what about this new ceo of yahoo? >> she is not only offering all employes the iphone 5 she is offering them the and troy, the galaxy and all of the--yah hoo employees >> this is amazing, for ja vu. and she understands she is probably the best thing that happens great for the internet co., yahoo. >> one more thing that i could say about this is that apple... it is prominent and also businesses as well as individual uses. >> let us take a look at the weather with erica. >> to summarize nicely it looks like it is going to be cooler. temperatures will be below the seasonal average. the warmer >> livermore is looking at the center with 55 that fog tracker showing that curr

we had good numbers today, not gangbuster numbers but there has been improvement.ittle disappointing on the numbers a more impressive group is what we wanted. permits were down a little bit, but permits tend to be down a little bit over these months. apartments were down about 5 percent per cent. we want to stop living with mom and dad, we want to live in our own house. construction will never be what it was to the u.s. economy what it was 10 years ago. recovery is nice. new stars on malls which is good for the business and go. single- family home construction is up. the home builders have done a very good job of managing expectations. apple watched as we continue. 6 million is the magic number. they are expecting 6 million iphone to sell. if it is low is that considered a disappointment? the iphone 5 reviews are coming out there saying it's the best thing since sliced bread. it is going to cost about a billion dollars to get new plugs. the maps application is not well received. the i o s six is getting glorious reviews. it is smaller and thinner with a larger scre

they will go like gangbusters. what happens when we fall off this fiscal cliff in january?ou have to remember something, though, they have time want to go into that new here as far as the tax part. no doubt, on the spending front that could affect things. right now the market is on the fed. nothing on the fed. when we get into earnings season, that is the only thing that could affect it. sales numbers are not very good at this point in time. again, not only -- this is a fed on hyperdrive. we have not seen this money printing and i think it continues. gerri: pretty punk in the next quarter. how do you play that? what do you do as an individual investor to capitalize on what the fed is doing? >> for me, very simple. i own gold and silver. the assets will go up in price in the market in gold and silver is part of that, also commodities. i also own housing. they are probably the strongest stocks in the market right now. gerri: what about the under lying here? how about actually buying another house? how about upgrading to a bigger house? this is an opportunity. >> i think it is

. >> gangbusters. >> yeah. >> that's awesome. i'll put down money for the wild card game. >> you treating? >> sure. >> she is not treating anybody. >>> best part of asking the question when you already know the answer. nice to have you here terry. plenty of ribbing from ter troy kristen this morning, stay tuned. southwest wind gusting to 31 at fairfield, marine layer back, not very moisture laden clouds are high that means hard to get rid of. you have to warm up the ground overturn the atmosphere if the clouds are above the ground it defeats the purpose. expect a slow go, most winds out of the west right now. low pressure out to our west, that is going to keep the sea breeze and the cooler conditions in our forecast for today. all of us starting grey this morning. 40s, a few mid 50s out there, clouds open up, especially inland and around the bay by noon, cloudy at the coast, 50s there 60s bay, 70s inland. near 80 by 4:00 inland, near 70 around the bay upper 50s coast you will need a coat all day at the coast and during the evenin

i wouldn't say it's gangbusters but modest lineseople saying pretty good loins and if you look at theers, the t-shirts a lot them are obama voters so you would say score the first day of early voting in iowa for the president and a cautionary note though. there's a strategic difference of the republicans and the democrats. democrats early investing in early voting and i talked to steve grubs saying the democrats won the early voting in 2010 and did quite well in the statewide races and legislative races and there's a difference of how important early voting is and votes in 2010 cast early. 35 states and the district of columbia allow some form of i critical part. young voters a state where in 2008. their enthusiasm down a little bit so if campaign on the campus identifies them early they ifhey forget what day it i ge a party thenightote and doing that you can call people tion day and vote for the supporters saywhat next republicans say you're not get get two from now, three weeks from now and election day 40this. anybody voting now is an camp and anyone for mitt romney is a absolute r

than expected growth in china and brazil which surprised me because latin america has been going gangbusters. everyone ramping up and buying their first pc in a developing nation. what do you see globally? >> we are concerned about europe and china. europe has been the story for long time of what is going to happen and what will really drive recovery and get stability and recovery and in china, with growth may be some 8% this year, we will see more stimulus before the end of the year but that blow growth in china is problematic. we need to create more jobs than a slow-growth economy would create. liz: one trend people looking getting your business is there may be more consolidation in the chipmaker themselves. several customers are acquired or go away that looks like a negative trend. can you shed light on what you expect? >> our customers are already pretty consolidated. a major part of our business already today, it is already consolidated as well. liz: three of your businesses. >> it varies. much bigger than 50% of our business or determine that much our business. liz: federal reserve tod

i wouldn't say it's gangbusters but modest lines, people saying pretty good loins and if you look attickers, the t-shirts, a lot of them, most of them are obama voters so you would say score the first day of early voting in iowa for the president and a cautionary note, though. there's a strategic difference of the republicans and the democrats. democrats early investing in early voting and i talked to steve grubs saying the democrats won the early voting in 2010 and did quite well in the statewide races and legislative races and there's a difference of how important early voting is and nearly four in ten votes in 2010 cast early. 35 states and the district of columbia allow some form of in person early voting. this is the most critical part. young voters, a state where the young vote for obama did make a difference in 2008. their enthusiasm down a little bit so if the campaign on the campus, the university of iowa campus, identifies them early and vote early, number one, they have a test. if they forget what day it is or a party the night before, you get the vote in the bank early an

liz: bill hench of royce and associates and his fund are doing gangbusters, not just here to date buthe past three years. he has a double secret stock. save that one for the last, but let's start with the first one. it's called texas industries. not instruments, but industries. >> right. along with the housing construction, infrastructure has been very very down group. this one is a nice story. it's got a lot of debt, which has made it controversial but they are in the two biggest markets for cement in the u.s. which are texas and california. texas having a pretty good run with their economy. california not so much. so there is a lot of room here for improvement in earnings and a lot of payment of debt too. but again one of the shorts i have a big interest in. liz: remember that is a factor we like to talk about, rti. >> rti is a ohio based company, one of the few ways to play titanium in the u.s. and also around the world. into the aerospace cycle. we think that over the next couple of years will be robust and this is the one of the best ways to play it. >> now i want to get to your

a lot of voters say look, we we're gangbusters under clinton. if he says this, it may be true. but they listen. i think the other thing is the republican convention was all about business investment and it was businessmen who are the dominant figures, workers almost disappeared from that convention. what was striking about the democratic convention, it came through in may your castro's speech, there was much more talk about family. there was much more talk about upward mobility as a struggle, as a family effort. it was much more about individual struggle. i think that connected to a lot of swing voter kinds of people. >> lest this become unanimous. let me put it that way. i don't think we throw outed bush whole eight years. we won the war in iraq. bush did a lot of fine things. he can separate himself from bush policy particularly in the last couple of years. he's done so with having paul ryan there. he was a critic of bush spending. he's a critic of obama spending. there's a recent survey that asked people would you prefer a bigger government with more services or a bigger eco

. >> reporter: it was going gangbusters. with almost 150 million hits.utes. soon psy was riding his invisible horse to the red carpet. >> i want to dress classy. that's why i can dance cheesy. >> i want to do it again. >> reporter: the vmas. and tmz, where he stopped to give the paparazzi a quick lesson. >> one, two, three, four. >> i can't really do that. ♪ ♪ open gangnam style >> reporter: but the dance is going even farther. on top of all the kids, college students, and even flash mobs, "gangnam style" turned up in nfl end zones, baseball ads, concerts, and right here on "gma." >> come on, girl. >> psy, come on out. >> reporter: and on monday, ellen degeneres surprised britney spears with a choreography lesson from psy himself. >> cue the music. one, two, three, four. >> reporter: all of it far beyond psy's wildest imagination. >> i was just thinking to make a huge hit in korea, that was my only purpose. >> reporter: so, with psy playing in front of huge crowds and the whole world going gagnam style, where will this viral dance epidemic go next? ♪ gan

she's really going gangbusters. it's a good line. >> i'll have to take your word for it.. thank you, lee. >>> tomorrow morning, dr. phil mcgraw will be with us. he's been looking at the trayvon martin case. >>> when we come back, dwyane wade is in the house. he'll be here. you're watching "cbs this morning." heavy load in america. but mitt romney plan, a middle class to $2,000 more a year in taxes. multi-millionaires like himself hits the middle class harder... bigger break. forward for america? this message. how does it feel to try smooth, delicious hershey's chocolate with 30% less fat? new hershey's simple pleasures chocolate. 30% less fat, 100% delicious. welcome to "cbs this morning." >>> how old are your boys? >> my oldest is ten. my young ses five. my nephew is ten as well. >> sometimes i find myself in a situation where i might as well be standing on the surface of the planet neptune. i don't know what to say, do or think. >> most of the time. we just make it up though. >> you had parenting classes. >> but still certain moments you're not prepared for. you're like

it's not gangbusters. made the market go up today.od for stock investors. we're not sure how quickly to result in the businesses, borrowing run to open factories, stores, hiring people to create demand fen more jobs. that's the issue. it's not fast. probably not the wrong thing to do. particularly expensive. they're printing money, that debases the value of the currency and a lot to go wrong and would be better if washington took its responsibility and dealt with the issues opposed to the fed. >> let's talk about the street. it's taking off. the dow 186 right now. up 186 points. so positive reaction to this? >> yeah. in fact, if you look at where that's coming from, looking at a couple of key stocks, bank of america up 4.5%. citigroup up almost 4%. the banks love this. they got word they're going to be able to trade in the bonds and get cash for it which they can then loan out to people and make money on. this is always good for the market. christine romans describes this as handing the stock market another box of donuts on a sugar hi

kevin adics says the shipping is going gangbusters. >> it's huge. every winery has a business model that includes a tasting room or going to events to sell wine so being able to have a wine club and ship two or three times a year to customers is great. >> it's a blast. it's a lot of work but we have a great time. the family is looking forward to the maryland wine festival saturday and sunday at the carroll county farm museum. 37 wineries from all over the state will be there featuring over 200 wines. you get free tasting with the of admission and that's not all. >> we have crafters, demstration going on and a new location at the premiere tent. >> i get off the air at 10:00, i should be there at 10:45. tickets cost you $30 to get in and there's shuttle service. >> when you're tasting, you're supposed to taste it and spit it out. >> no! little water in between. >> what time are you leaving? >> my neighbor's driving so whenever he leaves, we will leave. >> 5:28. >> i'll be here tomorrow morning. >> tense moments after a bomb threat at three different c

yesterday, you said he would go gangbusters, and you're not typically wrong. >> it happens, on occasionhis comments leading up to the united nations, his press conference, very strong about israel. you know, we've been talking about how u.n. secretary general ban ki-moon and perhaps even the supreme leader of iran himself said, you may want to tone it down. so israel launched -- or issued this statement even before he spoke, saying his words against israel are horrible. and then he went on and he talked about this kind of world, you know, domination by the united states and others, talking for a new world order. but he didn't necessarily even mention israel by name. he was very subdued, i think. and everybody was a little disappointed. they were looking for vintage ahmadinejad, because he's leaving. this is his last u.n. general assembly. >> nonetheless, the u.s. candidate and israel were not present during that. >> there was like nobody in the hall. you know, we've seen people walking out in previous years, it was pretty much empty. >> they didn't even come in. >> what he did talk abou

so, while sales weren't so robust during the summer, in september they went gangbusters, bought a lotly at stores like gap and nordstrom. same store sales for the month of august were up 6.1%, the largest they've seen, this increa increase, for almost ten years according to thompson reuters. now, what was really pushing this, as well as the fact they were saving up and finally started spending, was also the new fashion cycle. as you walk down the street, there are a bunch of bright-colored jeans and t-shirts in the windows. i think that's what people really to come in and spend. the real issue is if these sales will be able to sustain through the holiday. >> what about campbell's soup's iconic red and white label? that's getting andy warhol treatment. >> alex doesn't everyone want their pantries to look like the home i know i do. for the anniversary of andy warhol's campbell's 32 cans of campbell's soup, the name of the piece, target is issuing is going to be the specific retailer to be selling these new campbell's soups. they are going to be decorated like the andy warhol painting an

>> we're not going to be out there and be polyannish about it, like the economy is going gangbusters,allenges and some of these challenges are it's taken a long time to climb out of a deep hole. and we need to talk about the future and the things that get the economy moving and debt and deficits and builds the foundation of this economy from the middle class out, not the top -- >> no mystery celebrity guest, right? >> no mystery celebrity guest. no empty chairs. >> brad woodhouse, thanks for being here. came with a clear answer. yes, he says, we're better off than four years ago. >> absolutely. >> dana, great to see you back here. >> what does president obama think about clint eastwood's sh tick. he told usa today he wasn't offended. saying one thing about being president or running for president, if you're easily offendsed, you should probably choose another profession. and he also added by the way that eastwood is a great actor and even better director. if you want to know what it's really like to be inside a democratic national convention covering it, tomorrow you have to join the

personality, dollar, pragmatic, one of the reasons why i think franklin roosevelt comes across like gangbustersin the depression with his fireside chats, is the fact he is following. after herbert hoover, you know, anybody could've sounded good. >> moving on to your book transport. published last year. your book "1948: harry truman's improbable victory and the year that transformed america." you write that victory has a thousand dollars. harry truman, and election day that year, he seemed outright repulsive. not the effects of 16 years of their rule for their debacle. they wanted him out and they wanted him out now. >> yes, they did. we saw in the last presidential round of primaries that the republicans were everyone was saying you are the next reagan -- this guy is a reagan. there is not another reagan. and there wasn't another franklin roosevelt. harry truman sure as heck, to use that language, was not franklin roosevelt. franklin roosevelt could make those words saying and harry truman -- he did not have that gravitas, the persona. as explained earlier. you were coming off a war. you are we

while hardly gangbusters, manufacturing employment is up 57,500 jobs during the obama presidency. 30,000. >> reporter: joseph was laid off, he was looking for work in texas and tennessee when help came from washington. >> you think you're working today because of obama? >> yes, he didn't come through and give that vote to say we have to save gm and do this, all of sterling heights would have been gone. >> a pro-romney super pac is making one more push here. but the romney campaign isn't spending any money, and the candidate himself has not visited in a month. >> i love being home. barring a sudden shift, top alleys here expect the focus to be elsewhere. >> if you look deep into the new poll, governor romney and president obama are splitting the votes in the suburbs and with the independents, but obama has a big lead among women and union households. that is evidence that the auto bailout is helping the president. >> yeah, it will wind up helping him in ohio as well. we'll see. other big news we're following today including the release of that final report on that fast and furious controv

you listen to -- one of the reasons why i think franklin roosevelt comes across like gangbusters, is impression with the fireside chats is the act he is following. after herbert hoover, anybody could have sounded good. >> host: moving on to be 1948. harry truman's improbable victory, published last year. you write: victory has a thousand fathers. defeat, in 1946, had one. harry truman. if he appeared ineffectual before election day that year he seemed outright repulsive after that. democrats faulted him and not the effect of 16 years of their rule for their debacle. they wanted him out and wanted him out now. >> guest: yes, they did. he was not -- we saw in this last presidential round of primaries, with the'mans, where everybody was saying i'm the next reagan, this guy -- no. there's not another reagan. and there wasn't another franklin roosevelt, and harry truman sure as hell to use his sort of language, wasn't franklin roosevelt. franklin roosevelt could make those words sing, and harry truman, da, da, da, da, dark did not have that gravitas. the persona. also, he was the fella, a