host: jerry hagstrom of the hagstrom report, thank you for joining us today. you can check it out at hagstromreport.com up next, we will discuss what it means for u.s. consumers. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> this weekend -- >> 30 years of administrations have done more to confirm the prediction of the rich getting richer and everyone else falling behind than 75 years of the soviet union. >> socialism in america. the history professor on the rise of socialism in 20th- century america tonight at 8:00 eastern. more on our series on key political figures. this week, thomas dewey rose to fame prosecuting depression-era gangsters. the new york republican would lose to fdr in 1944 and harry truman in 1948. american history tv this weekend on c-span3. >> watch booktv and american history tv as we explore the heritage and literary culture of louisville, kentucky. >> a lot of the stores are have seen fail our stores for opene -- were stores opened by people interested in having a busi

jerry hagstrom discusses how the drought is affecting food prices. an associate professor james angel explains the barclays bank scandal and its relation to the global financial market. "washington journal" is at 7:00 a.m. on ec-span. >> it was about those men and women who are almost mortally injured in war, who because of the advances that have been made in medical trauma treatment over the last 10 years, now they are being saved. an incredible number of them are being saved. almost everybody who falls on the battlefield is being saved. i wanted to write about what life was like for these people and i started with a question having seen some people who were gruesomely maimed. don't they wish they were dead? >> in the "beyond the battlefield," david wood spoke with veterans and their doctors on the struggles for the severely wounded in military operations. learn more on sunday at 8:00 on c-span's q&a. >> president obama has ordered that flags be lowered to half staff for five days in memory of those killed and wounded in the colorado feeder shooting