look at the housing economy. it is not the same economy it used to be before.t's a service economy, which is how china is changing. it's a massive economy that needs time to adjust. tread carefully. and lena,manish thank you. up next -- it is like the jailer accidentally left the door open is people can see what beyond. everyone is wrangling about the terrors of the world outside. huge weight lifted from british business. francine: we talked boris johnson. we discuss what a british exit from the eu would mean for business. ♪ cook's you are either in the single market or not. if you're not, you have trade agreements. there are countries within europe that are postured in the market. -- theye to accept the have all of the disadvantages of the colin market and they are not involved in the decision-making process. francine: that is german finance minister. let's get more on the brexit question. when i come how do you view brexit? it seems like is unnecessarily .eighing on investor sentiments we don't know what the u.k. would look like. lena: i completely agree. as

that are so low, that many of its workers are forced to go on medicaid, food stamps, subsidized housing. economyt is when working people have got to pay more in taxes to provide food stamps for the employees of the wealthiest family in america. that is a rigged economy. i say to the walton family, get off of wealth care -- welfare and pay your workers a living wage. [applause] here is another truth that we cannot continue to avoid. today we have more people in jail than any other country on earth. staterstand, that in your incarceration is a big and profitable business. we are going to end that in a number of ways. number one, we are going to do prisons. private [applause] unconscionable that corporations are making money by locking people up. number two, we're going to do whenest to make sure that young people in this country cannot find a job, or cannot stay in school, we are going to invest in jobs and education, not jails and incarceration. [applause] i want this country -- what this campaign is about is thinking outside the box. do not allow the media or anybody else to define for you what

. >>> a 52 page report from the city's housing economy and the plan includes adding affordable housing over the course of eight years and also aims for strong protection for low income tenants to keep them from being evicted. it's up to the city council to approve housing laws. >>> the golden state warriors keep chasing history. they beat the oklahoma thunder last night 121-86. they tied a 20-year nba record. stephen curry led with 33 points. he was back after being out with his injured ankle. the fourth quarter the warriors took over. shawn living ston had a good game coming off the bench. >> it's an amazing accomplishment. it's a compliment to our team and coaching staff and our fans that give us the ultimate home court advantage. >> the warriors' next game is sunday in la against the lakers. they are back at oracle arena on monday hosting the orlando magic. >>> prince is taking over oracle arena playing a show tonight. he was sitting court side at last night's game. he doesn't try to hide. he walked right in wearing sunglasses. i don't think that's hiding his identity. >> like a pri

good news on the economy. housing starts, construction breaking new ground. look at the dow up just seven points as it awaits did federal reserve. that happens at 2:00. we'll probably see fireworks in the market at that time when the fe announces its latest interest no hike expected this time around. maybe june, maybe as late as december. janet yellen conducts a news conference at 2:30 to ifly explain their sthauts thoughts about the economy and when they plan to start raising rights. wall street will listen very, very carefully to that. >>> meantime there has been a lot of buzz in the gaming world about sony's virtual reality playstation system. the buzzing is going to have to continue. sony has delayed the launch of that system until the fall. it was supposed to be out in june. sony said it wanted to be sure that it had enough units available to meet what is expected to be high demand for if system that will cost $399. that's good news for facebook's oculus rift, which will be the first virtual reality system of its kind on the record. circles is expected t

that are so low that many of its workers are forced to go on medicaid, food stamps, subsidize housing. economys about haveen working people all got to pay more in taxes to provide food stamps for the to provide for the wealthiest family in america. [applause] economy and ied say to the walton family get off of welfare, pay your workers a living wage. [applause] and here is another truth that we cannot continue to avoid. today, we have more people in jail than any other country on earth. understand that in your state, incarceration is a big and profitable business. we are going to end that in a number of ways. number one, we are going to do .way with private prisons [applause] it is unconscionable that corporations are making money by locking people up. that is wrong. [applause] two, we are going to do our best to make sure that when young people in this country cannot find a job or cannot stay going to, we are invest in jobs and education, not jails and incarceration. [applause] i want this country -- what this campaign is about is thinking outside the box. do not allow the media or anyone els

economy could be in a lot of trouble this year. could that hurt hillary clinton who has tied her campaign to president obama and her run for the white houseuld it help republicans who say the economy really isn't in great shape. we'll debate next. steady is exc. only glucerna has carbsteady, clinically proven to help minimize blood sugar spikes. so you stay steady ahead. [alarm beeps] ♪ ♪ the intelligent, all-new audi a4 is here. ♪ ♪ ain't got time to make no apologies...♪ >>> it's the economy, stupid. you remember that line? it was the strategy that propelled then governor bill clinton to end 12 years of republican rule in the white house. nearly a quarter century later could the economy be hillary clinton's undoing in november? this week the u.s. federal reserve cut its forecast for u.s. economic growth this year, both senator bernie sanders and the eventual republican nominee demand an overhaul. hillary clinton under president obama, she's embraced his economic platform so she is much more likely to be tied to both the successes and the failures of the obama economy. let's talk about it all with author of the new book makers and takers

so yes, that segment of the housing economy should be a little bit of a driver and little bit of a lift. what you did see as well, that kind of trade that goes on when people think liquidity will be plentiful and lower for longer in terms of rates. >> what do you make of technology and strength of the nasdaq today? >> i think it was more real buying getting in, people saying let's raise the risk level a little bit and look for a little more growth as opposed to the bond like stocks that have been performing for a while that have really been the whole story. >> i think you have to be careful with something like the home builders because i do think that the lack of supply is driving those -- that pricing more than anything else. however, i think there are always opportunities to find interesting names, one that was very interesting today still remains interesting is twitter. it's back below an $11 billion market cap. from my perspective, this is a platform worth well more than that. we talked about this many times, management potentially getting in the way of that a little bit. i think th

new light was shed today on three key pillars of the economy, housing, autos and energy. the housing and automotive sectors have been red hot with home prices rising and auto sales near record levels but now there are new concerns about how long it may all last. and today worries about a global supply glut of oil crept back into the energy market sending domestic crude tumbling. >>> first, housing. the good news, well, new home sales rebounded in february. the commerce department reported a 2% rise last month and january's sales face was revised higher. now for the bad. most of that gain was concentrated in just one region. sales in the west surged more than 38% but plunged 24% in the northeast. nearly 18% in the midwest. and 4% in the south. and this skewed data may signal an unevenness in the real estate market heading into the key spring selling season. diana joins us with more on that. this is a big month for home sales. what does the data say about the state of the housing market? >> reporter: well, it says it's coming back very slowly, sue, but in fits and starts as

stephanie: our own in-house economies to wade in. he says weakness and strength is the story.f kansas city southern rail said we are in an energy market depression and industrial and manufacturing recession but somehow am of the consumer is doing ok and that's why we have this mixed picture. >> and that's why i think earnings will be interesting. we will be able to go a level down and hear from not only different sectors but people who sell into different parts of the economy and get a sense of what they see from their own customers. john: the big question about the adp data but geographically, can the u.s. really decoupled from the rest of the world? butalked about it in 2012 10 we be talking about that again? >> it seems absurd to decouple. the talk about the correlation between oil and the u.s. stock market, i think we learned that things are not easily uncoupled back in 2008. stephanie: if you look at why the market is rallying it's because the chinese thanks promised more liquidity and the ecb meeting is march 10. it's a sentiment that central bankers are going to hug and

that will have a positive effect on the local economy meaning more jobs and housing and restaurants, a growing economy which is what developers say they want. just because it is something that developers say they want it doesn't mean it is something that your taxpayer dollars should be going towards. if it is something the school actually needs. this report lays everything out and i will have an answer for you coming up. emerald morrow. >>> developing out of australia, two people dead and others hurt after a six hour standoff. in a business. 25 miles of the city. the gunmen opened fire killing one person before turning the gun on himself. the scene. >>> center for disease control is joining forces with health officials in puerto rico on the zika outbreak. the director is getting a firsthand look at how the government is responding. 100 cases have been reported the evidence of a link between growing. >>> california finally getting the rain it needs but too much rain in some parts of the state. that is causing the problems. the northern part of the state is getting hit hard. sacramento

economy. >>> any new housing construction will be affordable housing. the new housing ordinance will be into city law tomorrow. sets a 15% mandate of affordable housing for any new housing construction project. the housing director says it will close a home ownership gap for families earning between 70 and $80,000 a year. >>> it should target teachers, entry level management positions in the city of san jose so that you can buy a home at a reduced price. >> the debate went to the supreme court that declined the case and let the lower court ruling stand. the building industry led the billion dollars -- battle against the ordinance. won't take effect until july 1st. >>> cal state faculty preparing to strike. >> it will happen unless they meet the five percent demand and incremental pay increases that we requested. >>> up next the new report calling for higher pay as fact members move closer to the picket line. >>> following developing news. a fire near facebook headquarters. >>> we have been tracking hail storms and a little bit of thunder showing up in t

reason is that he is fed up with one of the houses, the senate, blocking this industrial relations legislation that he says is crucial for this country's economy. hes party controls the house of representatives, the lower house, but it doesn't control the senate where the balance of power is held by 8 effectively independent senators. there are some new voting rules that were introduced last week. they would find it much harder to be reelected in a new senate election. ordinarily, they wouldn't be up for election for another three years or so because only half of senators are elected each parliamentary term. in a double dissolution election all positions are for groups. he is saying pass my crucial legislation or risk losing your job. he thinks the pressure on them will force them to pass this legislation. that is the official reason. the unofficial reason is, if they reject the legislation, and it looks likely that they will, then there will be an early election which malcolm turnbull thinks he can win. polls suggest that his party would win the election and because of this new legislation he would be in a strong position. the only way he can

consumer is supposed to be the power house of the economy. is that holding up? oliver: in terms of profits it is not looking totally great. ,n terms of the economic data there is a lot of people who will make the case that things are getting better and wages are starting to creep up. people will have more money to spend. that is one of the sectors that has been a big concern for the markets because things were getting week in january and february and people were moving towards the defensive stuff and out of those discretionary names. they wanted to be in the stables and utilities in the telecoms, the only stuff that led the first two months of the year and close to three. it is hard to really say from the economic perspective how much -- how much strength there is going to be from the consumer , but from the equity perspective you need to see a lot more strength in those names to inject a lot of confidence into the sector. alix: thank you so much, always nice to have you on. you're talking to lots of people and following the market closely. coming up, u.s. treas

housing starts and nearly doubled the low point of 2009. they wrecked the economy, created that instability. we have been building a strong economy. that's what we've got to stick with. >> thank you, mr. speaker. unemployment is half since 2010. [shouting] given that they will make the signature can the prime minister usher the house he will continue to support quality education, employment generation to get jobs so maintaining a conservative laughter of aspiration? >> my honorable friend is right. the school to improve the program we are driving forward combined with uncap university places come investing in apprenticeships, that is giving people a ladder of opportunity to make the most of their lives of the most that employment opportunities that are being beg created in a country where there are 2 million more people in work. i know he has a particular interest in his constituency in extending the robin hood line. that's exactly this sort of infrastructure project this government wants to get behind. >> thank you, mr. speaker. mr. speaker, the refugee crisis is

new light was shed today on three key pillars of the economy, housing, autos and energy. the housing and mo

. >> reporter: she drew criticism for redecorating the white house at a time when the economy was not great. some thought she had too much of an influence on her husband. no one questioned her love for her ronnie especially during his 10 year battle with alzheimer's and championed his legacy after his death in 2004. >> there's people who told me it gets much easier. well maybe for them, but not for me. i miss him more now than i ever did. >> reporter: nancy's stepson michael tweeted today saying nancy is where she has always wanted to be, with her ronnie. governor mccroy also tweeted about her death saying nancy reagan was a combination of strength, grace, and devotion. it's a sad day for our nation. governor nikki haley said she inspired us and we can take comfort she is with her sweet ronnie again. >>> one man has been charged after he nearly took out an officer with his car, resisted arrest, and then led officers on a chase. boyd refused to get out of the car and then rolled up his window, trapping an officer's arm. the officer was able to get loose, and boyd took off. police caugh

economy. but you know, last eight years, we've had a liberal in the white house. you know what? that hasn't quite worked out so well for our economy, has it, folks? plus a socialist, a socialist should be the answer to our economic pain? former president reagan economic advisor art laffer joins me now with his thoughts. i know you don't like what she said but you look at the last eight years and there is certainly a lot of blame to go around but nonetheless, i got to tell you, art, i heard over and over and over and over from the last eight years from ceo, ceo, they didn't feel like they had enough clarity out of washington. they thought this was president who could do anything he wanted with health care and taxes and that prevented them from investing. we know how important it toys have companies invest to get people back to work. when you look at economy, do you blame obama? >> i do blame obama and w, by the way, stimulus spending of obama and w what caused us to go into great recession. the fed policies, bernanke who was w and obama's fed chairman and as well as janet yellen h

new light was shed today on three key pillars of the economy, housing, autos and energy.

login to one of our hotspots and get your code for free wifi at over 50,000 bright house wifi hotspots. is the economy rigged? well, the 15 richest americans acquired more wealth in two years than the bottom 100 million people combined. i'm bernie sanders, and i approve this message. my plan -- make wall street banks and the ultra-rich pay their fair share of taxes, provide living wages for working people, ensure equal pay for women. the middle class will continue to disappear unless we level the playing field. with your help, as president, we will. yeah, that's right. deal diva coming through. you see all my bogos, my weekly ad. just wait till you see my savings. and brace yourself. the digital coupons are coming next. look at her, so proud of her momma. you saved quite a bit today go ahead. say it. cha-ching! thank you the weekly ad, bogos and coupons. three easy ways to save at the same place you love to shop. publix. where shopping is a pleasure. the sun'll come out tomorrow... for people with heart failure, tomorrow is not a given. but entresto is a medicine r that helps make more tomorrows possi

legislators say the state improving economy helped the state house and senate make budget decisions more quickly than last year. one area of the budget some say where the legislature decided not to expand health insurance. governor. rick scott told us it is time to meticulously revise this budget. >> i am going to look for duplicate services, things that we can save money where we can't get a return on investment. i think we have a good budget. >> we asked governor scott if there's any possibility he will be to the budget but he declined to tell us, arguing he has to review it line by line. he had been pushing for a $1 billion tax-cut package for legislators only agreed to a portion of that. >>> tonight two orange county residents will spend a year in jail for their involvement in and apopka dogfighting ring. these two were both found guilty of fighting and baiting animals today. we have been following this case since officers arrested more than two dozen people at it a home in 2014 where they found more than 30 dogs are prosecutors told us cases like this are often difficult to take to

lack of supply means the underlying activity level is not particularly high, therefore housing as a driver of the economyay not have such a great effect relative to prior cycles. how does that build into your outlook and the fed's? >> the piece of housing that drives the economy is new home construction. that finally in the last few years began to look better. but it's still very, very difficult. very weak. second of all, one thing that seems to be happening in the housing market is a lot of people feeling better, people wanting to trade up to a bigger highways, nicer house, in better neighborhoods. one is supply, and it's still not easy to get fipsing. ba financing. banks have not forgotten about ten years ago. >> david, i wanted to weigh in on another way home prices weigh in to the economy, and that's through confidence. you see when home prices are up, consumers end up being more confidence. hopefully that can drive some spending as well. in the first quarter in january you had a big fall off in the stock market. you got to wonder if some of the rise in the home value may offset that. >> i think it w

housing market and what it means for the overall global economy.e are threatened by the world, the world economy, but here it is looking ok. house prices are going up in a number of places. i think that is a sign of our general optimism. >> professor, just in terms of what is happening more generally in the u.s. housing markets, tell us what is happening in hotbeds like new york, for instance. a lot of talk of what is happening to property prices in london as well. problem for china, too, the moment. by their financial stability risks there? robert: well, the times we live in encourage a brand home prices -- encourage upper end home prices in rolled centers. that people being are fleeing somewhere or other and they look to places that are capital-stable, like new york or london. the high-end housing market -- that is not what we are reporting on in the case schiller s&p data today. e: professor shiller, the cities that posted the biggest year-over-year gains were san francisco, and portland and seattle are almost commuter towns to san francisco. is

economy is doing well, not fantastic, but well. >>> you were talking to me during the break about housing. >>> housing is really a bright spot for the economy. prior to 2008 we were building a lot of houses and putting people in single-family homes and it just stopped. fast-forward to today and today's numbers are the greatest growth in new housing that we have seen in 7 years. we are on track to do about 1.2 million single-family homes. when you do that, you have to bring a painter in, you have to buy furniture, it creates a ripple effect through the economy. that is a big factor in our >>kristin: to -- messick process -- gross domestic process. >> are people going to be able to buy the home? >> we do not build them unless we can put people in them. there's been housing bubble in the baby boomers are still looking for houses and then you have the millennial's that are coming of age in making money and they want to buy homes. >> okay, bottom line, we need to wrap it up, maybe another interest rate hikes come december or sometime this year? >> could happen in june but the probabilities about 40%. the higher probability is really d

you'll hear a lot from him on that, the economy, housing, immigration, guns, we -- the supreme court,ran the gamut. it wasn't just all about the future of his campaign. meanwhile, coming up, after splitting last night's contests, the clinton campaign fearing the bern heading into next week's big super tuesday ii primaries. we'll check in with both campaigns up ahead, stay tuned. ♪ he has a sharp wit. a winning smile. and no chance of getting an athletic scholarship. and that is why you invest. the best returns aren't just measured in dollars. td ameritrade. people are taking charge of their type 2 diabetes with non-insulin victoza®. for a while, i took a pill to lower my blood sugar. but it didn't get me to my goal. so i asked my doctor about victoza®. he said victoza® works differently than pills. and comes in a pen. victoza® is proven to lower blood sugar and a1c. it's taken once a day, any time. victoza® is not for weight loss, but it may help you lose some weight. victoza® works with your body to lower blood sugar in 3 ways: in the stomach, the liver, and the pancreas. vo: victoza

housing. but really to focus on the broad economy, to set housing market have to just and will adjust and the policy will address the broad economy. there's a fiscal stimulus in early 2008, only 150 billion which seems like a lot at the time. there's a lot of evidence i would say suggesting that was pretty effective. but we didn't wash away the problem of housing and it continues to weigh on the economy. there's the banks and the broader financial sector response in 2008-2009. my point here, the response was very politically difficult but very effective, very cost-effective. of course, the t.a.r.p. was a large amount of money but in terms of the net cost turned out to be relatively small, depending on your counted, whether it's plus or minus. and in the stress tests that were put in by treasury secretary geithner and the fed were incredibly effective. and incredibly cost-effective. and they continue to be cost-effective. so those two things together went directly to the part of the source of the problem driving the economy down. and then there were other things come the targeted fiscal support

economy. the white house now has a liaison for the lg bt community. the 50,000 coal miners and workers.loyed. under the obama administration. instead, they are not focused. they are focused on these issues. hillary clinton is a part of that. trish: all right. >> that is literally the worst answer i have ever heard. >> the unemployment rate has dropped in half. >> matthew, i will not agree with you on that one. it has not been this bad in decades. workers were making no more money now than they were two decades ago. i think that there is a lot that you can put there. >> i will go back to you on that point. >> older people. younger people not part of it. >> no. we can take that debate over another time. here we are right now looking at some pictures sent in to us on that raid that has been happening in brussels. they'll jump police are now reporting that one man has been found dead after the police raided that area. linked to these terrorist attacks. four police officers were injured they are. after they came under fire. no word yet, however, on who the dead man is. just coming into us. o

people would say construction of housing only accounts for a small portion of gdp. how can it affect the rest of the economy? i think what we've learned over the past eight, nine years his interconnections matter and in particular in the case of housing, it wasn't just the actual act of building housing, but the fact people owned assets that were involved in housing warehouse says and that assets were derived or derivatives have their value on the basis. the case of greece, lots of private individuals had asset there issued by the greek government or by a greece private individuals. and so, those holdings lose value as you think they are less able to pay. there is a big ramification for people's portfolios over substance of that wealth. that is one instance. in the case of greece, there was another set of concerns, one of which is that the hero was built on the concept that no government could default. every government was going to embark on the path of sustainable finances. the very fact a country was in your area would get into trouble and none would have to be valid out, which is again -- that is put out

secretary clinton's doing on her manufacturing plans, and, you know, you don't -- what pulls an economy is housing and manufacturing. and i think she's doing the right thing on both. but i think what she's saying in manufacturing is really important to create a middle class. some say that, you know, the middle class started in flint. i'd like to say it started in cleveland with unions, and the auto industry, and the steel industry, and what they've done to bring hundreds of thousands, millions of families into the middle class. it doesn't matter where it started. but we're seeing those kinds of gapes. we're not close to where we need to be yet, of course. >> let's take a regular family out there. they root for the -- they're used to the cold weather, work with their hands. i see that some of those people may be breaking for trump and some breaking for bernie. what would help a person make a decision to go left -- i don't know what trump is, left or right, but trade agreements, how do you see that dividing among the people you know out there? >> let me answer it a slightly different way, chris. the

housing starts and nearly doubled the low point of 2009. they wrecked the economy, created that instability. we have been building a strong economy. that's what we've got to stick with. >> thank you, mr. speaker. unemployment is half since 2010. [shouting] given that they will make the signature can the prime minister usher the house he will continue to support quality education, employment generation to get jobs so maintaining a conservative laughter of aspiration? >> my honorable friend is right. the school to improve the program we are driving forward combined with uncap university places come investing in apprenticeships, that is giving people a ladder of opportunity to make the most of their lives of the most that employment opportunities that are being beg created in a country where there are 2 million more people in work. i know he has a particular interest in his constituency in extending the robin hood line. that's exactly this sort of infrastructure project this government wants to get behind. >> thank you, mr. speaker. mr. speaker, the refugee crisis is

the rage a few years ago, flipping houses has returned as the economy has improved. we're back after this. there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. - free wifi is nice but also risky. an open network isn't encrypted, which means your personal information isn't safe. movie times? great. online banking? use a secure network. protect yourself from prying eyes. the more you know. >>> remember when it was all the rage before the great recession of 2008 and just as the economy has bounced back, so too has house flipping. >> oh, goody. diane has been tracking this trend. is this happening again now? >> of course it's happening again. the number of active home flippers last year was the highest in nearly a decade and it's only growing. big numbers

. >>> on segment 2 tonight, we are looking at robust economy from jobs to housing, the growth experience here is the envy of the nation. >> but have we gone too fast, too far? some question whether a tech bubble is forming >> maureen naylor talks to a handful of experts to get their opinion about a possible slow down and what's at stake. >> reporter: when you talk about bubbles, these kinds of fun but not the case with an economic bubble burst. ♪ oh, baby, how was i supposed to know ♪ >> reporter: in 1999, britney spears topped the chart and silicon valley was on the verge of the dotcom bust. it was the days of lavish parties and ipo but when that bubble burst, silicon valley dropped 20% of it jobs, rental housing dipped 20%. some say that we are on the verge of another slowdown. >> does reminds me of the dotcom boom. >> i didn't want to use the word bubble, but evaluations got so extreme over the last couple of years that it is bubble-like again. >> ken rosen, chair of uc berkeley center for real estate says that, unlike 2000, companies have business plans and have shown profitability.

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the house and senate approved it almost unanimously. the improving economy helped make budget decisions more quickly this year. lawmakers voted not to expand health insurance to thousands of low income floridians. governor scott has not side if he will veto the budget. he was pushing for a one billion dollar tax cut package. >>> critics say donald trump is to blame for the violence at his campaign rallies. how he is defending himself. the unusual experiment that health officials hope will stop the spread of the zika virus. if you're doing everything right but find it harder and harder to get by, you're not alone. while our people work longer hours for lower wages, almost all new income goes to the top 1%. my plan -- make wall street banks and the ultrarich pay their fair share of taxes, provide living wages for working people, ensure equal pay for women. i'm bernie sanders. i approve this message because together, we can make a political revolution and create an economy and democracy that works for all campaign trail in ohio one day after violence broke out

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economy. what a contrast it would be if we listened to the right honorable gentleman. hisn announce to the house -- he warnedsor the greek finance minister who left his economy in ruins. that is labor's policy into words -- acropolis now. >> mr. speaker, that is not much who to the 41,000 children are not benefiting from what they were promised by the government, and looking further on in the educational life of children, according to the government's own figures, half a million children in primary classes over 31. 15,000 are in classes of over 40. we know the importance of preschool and early years of education to give all children a decent start in life, and yet half a million are living in poverty. isn't it time for a serious government intervention to sort this out yet go -- out? prime minister cameron: obviously, introducing these extra hours is a huge operation for child care providers, but i can update him. since the audit report that said 58% of disadvantaged to your olds were accessing the offer, now over 70%. you mentioned the number of teachers and classes. there are 13,100 teachers m

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. >> do you view this as a symptom of a strong economy or rising house prices? much have you had to shift the way you're working to fight fires with all of this going on? >> it's all of the above. and the housing prices and traffic congestion are all symptoms of that. you don want to complain at the same time as an agency had that worked for a fire board. we needed to try to find solutions for the problems that were just becoming worse and worse. the personnel that we have, we have four employee groups. two are unions. two are not. we have support personnel that work for us. everything from mechanics to clerical support to the firefighters themselves and the trend is to move further and further away and that's not conducive to what we do. >> now you're thinking you might have to build a sleeping area that would cost about half a million dollars and your firefighters are well come pen sated by general american standards making $147,000 this year but you're finding guys sleeping in the couches before their shifts. is that right? >> it's correct. it doesn't matter

housing market. prices jumped the most in portland, seattle and san francisco. the world economyt here, it is looking ok. and house prices are going up in a number of places. i think that is a sign of our general optimism. >> with concern to what is happening in the u.s. market, talk about what is happening in the hotbeds like new york. as you look at the luxury and high-end, it could be a problem for china to, at the moment. >> well, the times we live in encourage upper end home prices in world centers. people are fleeing something or other. they like places that look stable like new york or london. and i think the high-end housing market -- that is not what we are remarking on. cities that bring the closest year-over-year gains were san francisco, portland and the bottle -- and seattle. is there a danger that we are seeing more indications in the data that is those hubs that are creating bottles and the rest of the country is not benefiting? the country is not benefiting? >> it is interesting that tech cities -- i would add bank over to the list, they are experiencing quite a b

education, housing, transportation. a balanced economy. these are things that also have to do with our national strength. and i think we need a leadership that is trying to get the that insteadof -- of trying to get the russians to the bargaining table, we need the common sense to say we are ready to bargain right now. reagan has taken this unjustified buildup. they have walked out. >> i agree that the idea of building up arms to scare the russian so then they will agree with whatever we want will fail. i want to be understood as being totally committed. the annual summit conference the efforts to reduce tensions, i couldn't agree with you more. on the other hand, and i don't want to misinterpret what you said, but the soviets are using their power in poland, in cambodia and in afghanistan. and in syria. in ways that are irresponsible and are dangerous. >> how are you going to stop that with another 4% in military spending? that won't change their relationship to poland or other areas. >> i think we need to have a sensible defense. it is a

education, housing, transportation, a balanced economy. these are things that also have to do with our national strength. i think we need a leadership that, instead of trying to get the russians to the bargaining table by a $1.5 trillion military buildup, has the chance to say we are ready to bargain right now. reagan has undertaken this unjustified buildup on the theory that the russians would be more humble and they walked out on the arms negotiations. mr. mondale: i agree that the idea of building up arms to scare the russians will fail. i want to be understood as being to armscommitted control negotiations, efforts to reduce tensions. i could not agree with you more. , i do not wantnd to misinterpret what you have said, but the soviets are using their power. irresponsiblere and dangerous. how are you going to stop that with another 4% of military spending or 40%? that is not going to change their relations to poland or afghanistan or these other areas. mr. mondale: i think we need a sensible and strong defense. i wanted to respond to j

when we come back, little more in-depth on the economy and housing.in why you recommend synthetic over cedar? "super food?" is that a real thing? it's a great school, but is it the right one for her? is this really any better than the one you got last year? if we consolidate suppliers, what's the savings there? so should we go with the 467 horsepower? ...ois a 423 enough? good question. you ask a lot of good questions... i think we should move you into our new fund. sure... ok. but are you asking enough about how your wealth is managed? wealth management at charles schwab. but i've managed.e crohn's disease is tough, except that managing my symptoms was all i was doing. and when i finally told my doctor, he said humira is for adults like me who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. and that in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious,

housing. what a rigged economy is about is when working people have got to pay more in taxes to provide food stampsalthiest family in america. [cheers and applause] that is a rigged economy. and i say to the walton family, get off of welfare. pay your workers a living wage. [cheers and applause] and here is another truth that we cannot continue to avoid. in this country today, we have more people in jail than any other country on earth. [booing] and i understand that in your state, incarceration is a very big and profitable business. well, we are going to end that in a number of ways. number one. we are going to do away with private prisons, private detention services. [cheers and applause] it is unconscionable that corporations are making money by locking people up. that is wrong. number two. we're going to do our best to make sure that when young people in this country can't find a job or can't stay in school, we're going to invest in jobs and education, not jails and incarceration. [cheers and applause] i want this country and what this campaign is about is thinking outside of the box. do not al

housing doesn't going to disaster on its own. never had to by the way. that was the backstop of all u.s. economy. the premise of the '07-'08 financial problem come housing was the one thing never gone wrong ever. it was the ultimate financial backstop until what happened? until the federal government got involved. then the one piece of equity that had never been in question throughout u.s. american history, federal government gets involved and collapse. same with this on job creation i wish you the best war on poverty, johnson, self-sufficiency was going up, up, up. poverty was going down down down. johnson put in his war on poverty and he comes to in about five years after he puts in a federal program. that was his goal, his data was to reach self-sufficiency. so if that's what other subnets in my i'm all for it. but the recession and the sequestered et cetera, the problem is federal government is in the way right now. we are doing $540 billion in deficit spending this year. that's a sugar high. economy, if the federal government had anything do with them we are borrowing from next generation of

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economy. experts say wall street loves 2016 race to the white house has a lot of potential plot twists. gets to the unpredictable the market plays out, which could also impact global trade. emotional week in court...jury deliberations could begin today in the lawyers from both sides will deliver closing arguments this morning. as we've been reporting this week.. valrico.. is suing the owner of marriott for 75 million dollars. that's after a man secretly recorded her nude inside a nashville hotel. the hotel company says 'michael david barrett' manipulated the reservation system to get a room next to hers in 2008. the jury will have to decide whether the company is liable. today.. jury selection will continue in the hulk hogan, gawker sex tape trial. all week, attorneys have question hundreds of potential jurors. right now, th pool stands at 55. they have to cut 9 by the time the trial starts monday morning. check this out: big changes are coming to the downtown st pete skyline. in just a few hours, construction crews will break ground on this 41-story tower. it's going to be the tallest building