i looked down while i was giving the story and i looked at the clock and it said eight minutes. i was sweating. what am i going to talk about? thisually, i finished beach and came off and said, is the president running late? presidentaid, no, the was on time but he was backstage to my wife while i was out here dying. life is funny. and if you live long enough, everything is going to happen to you. we are from north carolina and i want to get serious for just a minute. we have had devastating storms. flooding like i have never seen before. i had the opportunity just a few days ago to go with mark arras who is running for congress in the ninth congressional district outside of charlotte. we went over to the east. for me, a 7 hour drive. it it gaveovercome me a real understanding of -- as it gave me a real understanding of the values that you and i hold dear but also the values that most americans hold. there was already relief coming over from my district. a 7 hour drive. hearts with hands were ready with supplies. men with baptist churches left their jobs and they were there provi

and as i was looking, the pilot kept saying, look down there. and i would say yes, it looks awful.ut as i look at this, the reason i am sharing the story is this -- officer burlington said congressman, i want you to know that i have been doing this for 37 years and i have been at every hurricane. we have gone and we have gone into check everything. and i can tell you that this president has given the best response that i have seen in 37 years. we have never seen this kind of federal response. if we ask a question, the answer is always yes and i want you to take that back to the president. that is the kind of president that we have, the president that cares. [applause] rep. meadows: that i am here to tell you that if we do not stay engaged, the first thing that a house of representatives -- if it has a speaker nancy pelosi, the first thing it will do is impeach this president. it is important that we show up again on november 6. it is important to stay engaged. the progress this president has made is remarkable. you have heard about some of the things already but i can tell you that

didn't make out of you i mean if you look at it as you know it. did me up until about the end to me yeah but you. know you. can tell i think this was our first meeting up with us have newly elected camilla and they put it with us that i say you know i mean. that is by them i didn't like i said i mean looking into his life and i think i just did i was not invented as a lot of i'm going to continue especially important to the end those quite will be included in the uppity employees just going off the scale you guys. will be going to get that. they said. they got today maybe get them you know in the lead actor they look at the label on thursday. when the case is coming up i think you just on your thoughts on this one because you're going to feel you when you get up and i don't know you said i mean obviously it was great to see me without i think it was but. for now you know how to lead that this is spies who do you could approach i look but i mean i don't know who but i would say somehow i think i was kind of the . so you see in the gas the honest i m

i'm not going on and i actually do look at the bloody speed believe. it if it. left another minute or some other mom want to go on for somebody but i don't get it and sat down and. at that i love that i lie and maybe if. i did it would be. when i had been assigned. like you where did you. get your episode. in a little. while and then. let it go by the monica didn't the name it could. yes and. my sister. had to come in so close and get them being discovered that. when you. look at. the end of the knee or below. it to one key but they had to she looked it up they hadn't. been home in the. extent of the hackett head not the one that you have a collective that extraordinary because the man on the unit. was. up above them a way to mount that one to. go bob the biggest that you saw because so many were one hundred and i look all of my you go off and we look at them and i'm. so cold a couple of them on the head of the hay and i look at me so i mean has or had no one is a nazi kind of forgotten. i'm not go how common are nationally doolittle sure the bullies can only. ha

hank: i will start because you are looking at me. [laughter] i would begin by saying i think one of the issues was that we were early relative to where some other countries have stepped in to deal with these things. we stepped in before the banks had collapsed. we did some things to fix the financial system, which are very hard to explain because they are objectionable things. in the u.s., there is a fundamental sense of fairness that the american people have better if you take risk and you succeed, that is great, but if you take risk, the government shouldn't be there, you don't want to reward the arsonist. we were forced to do things to protect the american people, which are by definition, going to be hard to defend. the second thing is, how can we explain what we were doing was for wall street and not, that it wasn't for wall street and that it was for the american people? it is very hard to explain that the system was so complex, so interconnected that we had to go to the source. wall street was like the heart. we had to stop, we

hank: i will start because you are looking at me. [laughter] i would begin by saying i think one of the issues was that we were early relative to where some other countries have stepped in to deal with these things. we stepped in before the banks had collapsed. we did some things to fix the financial system, which are very hard to explain because they are objectionable things. in the u.s., there is a fundamental sense of fairness that the american people have better if you take risk and you succeed, that is great, but if you take risk, the government shouldn't be there, you don't want to reward the arsonist. we were forced to do things to protect the american people, which are by definition, going to be hard to defend. the second thing is, how can we explain what we were doing was for wall street and not, that it wasn't for wall street and that it was for the american people? it is very hard to explain that the system was so complex, so interconnected that we had to go to the source. wall street was like the heart. we had to stop, we

so i mean it was i got hurt i was looking out the car like this and i heard it. first i didn't know what happened. and this dude shooting into the core so i started because of a pager and i didn't know what he was doing. down and. i was like man. how likely is it because the two co-defendants who a lot of time they said that clinton was sitting here pulled his gun from his waistband and shot him twice in the head how how likely is that is it possible. that it has this number here if you shot from right here there's no way why would you hit me if i do this probably won't even hate you because you probably mission because you're not a human on this distance you can still miss it yes if you just did like this you could miss this person. trying to shoot the hid the body you can hit the head it's harder to hit because it's moving right but if if he was yes if he got shot in the head twice and kind of closed the bullet holes were kind of closed there's no way he could have just pulled it out in shot like that because that's what they said they pull it out of his waistb

for me, we have the best players in the world and i look at our players andl the world and i look at best. i look at them every day and i see how they behave and react against positives and negatives know the qualities and weakness and i wouldn't change them for any others, they are absolutely fantastic groups of players. the hunger that this is still in this group. japan's kashima antlers eased through to the semi—finals of the asian champions league for the first time ever — after a 3—0 second leg win and a 5—0 aggregate score against tianjin quanjian in macau. tianjin needed to win by a three—goal margin in order to stay in the competition but the antlers weren't sitting back. and on 13 minutes, they took the lead on the night. serginho with the header from the yasushi endo's corner. hiroaki abe added a second before the break and substitute shoma doi completed it in the 66th minute as kashima now face either suwon bluewings orjeonbuk motors, both of south korea, in october. england cricketers ben stokes and alex hales have been charged with bringing the game into disrepute, in co

lemonis: i don't. lookmuch forehead -- amber: it's -- on the sides, it's -- lemonis: that's 'cause i wasn't trimming it tighter. tom: we've built mortuary trailers, casket trailers. we're pretty good at what we do, marcus. we've been doing it for a long time. lemonis: who's that? tom: that's kita. nancy: that's kita. tom: that's the shop dog. nancy: yeah. lemonis: whose dog is that? nancy: mine. tom: it's my dog. nancy: no, no. that's my dog. lemonis: your dog, his dog? nancy: no, it's mine. lemonis: oh. tom: it used to be my dog. nancy: no, it was ours, and she stays with me. lemonis: oh. nancy: we were a couple for 20 years, but we're not together for the last 3. lemonis: how's it working together, and is that odd? nancy: i don't really have any issues as long as nobody gets in my way. lemonis: i'll make sure i stay out of your way. did you think it was necessary when i said i would stay out of her way, that you would just have that awkward silence for a moment while she's chewing her gum staring at me? a

when i looked up the old videos, i thought, forget. when i looked up the old videos, ithought, i forget. when i looked up the old videos, i thought, i was all right at this game, i could play a bit. ronnie o'sullivan, you have played against him, is he someone who could reach, match or surpass your records? i think it will be very difficult for ronnie to win eight titles. he is on fire at the moment so titles. he is on fire at the moment so he needs another three. he is probably one of the fittest player in snooker. he could play for another ten years and he's capable of winning another three, no doubt about it. when he is at his best coming he is the best. but there are so coming he is the best. but there are so many players playing at the same level of high standard snooker so it is getting more difficult for one player to dominate. who is exciting you at the moment? i love watching ronnie, and players i prefer commentating on more because they play the way i used to play and they play the way i used to play and they play the way i u

i look forward to your updates. i also hope that we can shine some light on tsa's quiet skies program, which has been in the news recently. along with senator mccaskell, we since a letter last week asking for clarification about this program. it's important for us to know the program's details. and i believe it's imperative that we have a discussion on the ways that tsa is responding to the emerging threat aus and i, admiral, discuss of 3-d printed guns, as we have had that discussion. there's a great concern about the danger that these weapons pose to getting through the screening equipment. thank you, mr. chairman. >> thank you, senator nelson. admiral perks koske, thank to you you and the many folks who work with you and for you at tsa to keep our traveling public say. welcome. we look forward to your remarks. >> thank mr. chairman and ranking member nelson. thank you for the opportunity to appear before you today. mr. chairman i appreciate your and ranking member nelson's opening comments particular with regards

i look forward to you digging deep business and know you well. we talk about saving lives, not only everyday, not only every hour, but every couple of minutes is a difference this can make. >> i want to ask you about the korean peninsula. there is recently reported a south korean newspaper that said if the suspension of major military exercises continued in just two years because of routine creations, officers and a south korean combatant command would have little to zero experience and connecting joint exercises. do you agree with that assessment and has the cancellation of these exercises impacted readiness and ability to fight tonight? >> senator, the temporary suspension of exercise their previously scheduled for august and september were prudent risk based on the opportunity to open up additional diplomatic effort in negotiations between the united states and the dprk. going forward, we know inherently do not connect in training exercises that there will be a degradation of readiness and capability and interoperability of the combined forces.

she says, trust me, i will look after him. trust me, i will look after him. there is something behind that that is a little bit darker. here is a clip. clip. hello, joe! you are looking lovely as always. thank you, that is very sweet. your client is here. really? they have given your husband the cover of the sunday magazine. cover of the sunday magazine. are knocking out a story about bill clinton for him! clinton for him! of those shots with all the porsche showing? showing? every brilliant one of them, my friend! them, my friend! oh my gosh, this is so unreal. how do i look? you are fine. no crumbs? no, all good. me this isn't some great, big, fat joke. it is all real! brive. -- brive. brive. you will stop come on, let's do this. with a single look can tell a thousand contradictory stories. thousand contradictory stories. flashed back to where they first met. met. it is evident she has put her writing career on hold to services. writing career on hold to services. perhaps there is something more there. there. to praise their son, also an aspiring writer. aspiring writer. the stress

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fake the street out because i think there's more downside risk to go in those particular namesand i look at name like amd and it is trading, and i know people look at the move and say it's a crazy move higher there is a name where people are ultra focused and they're focused out to 2020 because of the market share steal that they'll get from intel that's a name you want to stick with >> as far as micron goes, i think people have been concerned about broadband pricing and the bottom line is the memory manufacturers and they a lot more discipline and a rational approach to profitability and controlling market share i think people have been in the past tended to overreact in micron and that was the right thing to do in the past couple of cycles, but right here, i think micron is ultimately more of a commoditized stock with a heck of a lot of upside if you think the cycle is still with us semis peaked in march, though. so if you look at what's going on with semis it's not like this is suddenly a big pullback to relative to where we were, and by the way, there is a coincidence with that and t

think the way to take a look at this, i was looking out specifically to the 51-47 put spread when i was looking at it earlier would cost you $1. we are talking about a basket of stocks typically we don't buy puts on those. there's a limit to how much a basket or index might fall we do have a situation where this one with some of the lesser known names, there could be a very sharp increase in volatility in this if we start seeing a pull back. >> what do you think of mike's trade. >> i like the trade. first off, i like the level of targets. seems like retracing the move over the last six or so months risking one to possibly make 3 to get back to that level and more importantly, carter started to mention this, those comparisons as we go into the holiday season were really tough. 2016 was a horrible period for retail everyone was pricing amazon to kill everything. the big box, the department stores so they're going to be hard so with the etf stalling here if you get any bad news you'll get this back. >> actually that is also an important o

at national, i can lose the wait...and keep it off. looking good, patrick. i know. ike a pro. dagen: here's a look at some the biggest market events coming up next week that could impact your wallet. man kate markets are closed for the -- monday the markets are closed for the holiday. thursday we get the adp employment report. initial jobless claims and factory orders. friday we end the week with the latest jobs report. be sure to tune in to "mornings with maria" friday at 6:00 a.m. for our jobs in america special. it's a busy week on capitol hill. senate confirmation hearings for supreme court nominee brett kavanaugh next week. and we are expecting executives from google, facebook and twitter to talk about election interference. next week, wayne gretzky and bernardo hees. tune in weekdays on fox business at 6:00 a.m. eastern. maria along with me and a whole bunch of people. we are always fired up. thanks for watching. we'll see you next time. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate cr

i look forward to working with you, very much so. i also want to recognize senator kyl, one of our new members. there's a lot of potential. >> you can barely see him at the end down there. >> i think i got a good feeling about you, senator. i think you'll get this pretty quickly. welcome. general jouf been nominated for important jobs to the service of the nation. let me welcome you and your families, general ak -- abrams. general abrams while tensions on the korean peninsula has been reduced since the singapore summit, the situation remains precarious and dangerous. despite president trump's assertions to the contrary, there remains a significant military threat to the united states and its allies because of the regime's array of nuclear conventional biological weapons. i'm greatly disappointed in the momentum that the maximum pressure campaign has been lost and we've seen no developments on denuclearzation since the singapore summit. i'm concerned about the readiness of our troops and those of our allies because of the cancellations

one of the things that i find really important as a look at this and it's what i use for our own teamsnd it applies to everyone, that is if minute moving as fast as the environment around us, we are falling behind. there is no option not to ultimately undertake the risk in driving innovation. there are many ways to manage the risk and do things in a way that allows us to fail fast and fail forward but more importantly here is that you would be hard-pressed to find any innovative breakthrough that hasn't tapped into something that didn't ultimately expose us to new risk but if we manage it in a smart way and would make the right investment and we compartmentalize it, we can do both. the most important thing is that the ability to advance any mission that we have will require us to create a culture that we can undertake that. >> thank you. at&t is known for a lot of things. one of them is wireless technology. and help us understand, from the audience a question, we all have been describing his family of vulnerabilities that on networks. is it a quantum leap to additional full abilities a

jeff: first of all, i was not looking for a newspaper. r thought about the idea, had never occurred to me. it was not like a childhood dream, nothing. my friend, don graham, who i had known 15 years. i know him 20 years now. he approached me through an intermediary and wanted to know if i would be interested in buying the washington post. i said i would not because i did not know anything about newspapers. her newspapers. and don over a series of conversations convinced me that was unimportant, because we had inside the washington post, we have so much talent that understands newspapers. that wasn't what the problem was. what they needed was somebody who had an understanding of the internet. so that was the first thing. that is how i got started. i did some soul-searching. my decision-making process, this would be intuition and not analysis. the decision-making process in 2013 was upside down. the internet was eroding all the traditional advantages that local newspapers had, all of them. i said, you know, is this in something i want to get

just looks like. i will i will nominate stuff i mean a lot of other things you do i look well now that i really enjoy usually in the. long haul if you. pull my lead to something i don't know if i can do it she's done it was pretty strong you will not need to go about it because you know it was you who are. regular issues like. i like it or you know. a little bit well i didn't know what they should i ship it not it i got up i saw it go yes and rush voice. can look up at the i'm a couple how many i mean. lots of behind but the name. you can then if. in the model that you have to be no more than the many because it was the the what the issue from what about when g.l. on that when they be at the shows that it's a soft. over most of us i mean the showdowns as if that's. in the whole story where they say well i. don't she would know. what i said i would not come up to. her yeah how did after i know what it would feel jackie had a moment to add that. my job that i'd be sure that they would not that i had to go

i know that something you thought a lot about. when you look at that today and say, have gone in that direction both from a policy perspective would be better off economically or politically? >> i think that in general, the country would been better served had we a stronger program of you might call them fiscal stimulus, tax cuts, support for state and local governments, a whole range of things like that. so there was less burden on the fed to carry the burden of trying to get the economy growing again after we put up the financial fires -- put out -- we didn't put in place a quite large sustained program of tax cuts and things like that. they were ultimately overwhelmed by the cutbacks at the state level, and that put a big drag on the recovery which was always going to be weak and damage can add of theve financial crisis. that would've made a a big difference, and we were successful in relaxing some of those constraints on that but not successful enough. housing is tragically complicated, and the broad thrust of the things we did were not lar

jeff: first of all, i was not looking for a newspaper. d never thought about the idea, had never occurred to me. it was not like a childhood dream, nothing. my friend, don graham, who i had known for 15 years at that time -- i know him 20 years now -- he approached me through an intermediary and wanted to know if i would be interested in buying "the washington post." i sent back word that i would not because i did not know anything about newspapers. and don, over a series of conversations, convinced me that that was unimportant, because we had inside the washington post, we have so much talent that understands newspapers. that wasn't what the problem was. what they needed was somebody who had an understanding of the internet. so that was the first thing. that is how i got started. i did some soul-searching. again, my decision-making process, this would be intuition and not analysis. the financial situation of "the washington post" at that time -- it was 2013 -- was very upside down. the internet was eroding all the traditional advantages t

i don't think it does but it'sinteresting to look at somebody i hold in high regard and look at the profit motive of how their running their business . is not just inventing for americans greatness, he's inventing for himself, for his business and that's how he's running it. >> are lots of profit motives being inaugurated in the amazon hq to search? >> guest: amazon hq two is interesting to watch. it interesting to watch this scramble for it and watch some of the states opt out. to get on the search, companies are giving out brakes, they're giving out areas of land, their promising to build out their infrastructure. so we're seeing the profit motive there. what's interesting is if you dig down deeper, all of those tax breaks are bad. all those promises are bad. so i would say that a lot of those are bad profitmotives. they are looking atwhat they're doing . they're just going after it as hard as they can . i think that if you understand and if you look at the view of the world with the profit motive that wins, you can see it and pointed out, but then you can look at it and see if there pro

i take a look at this situation and i understand where we are today. bottom line, dr.ford had nothing to gain by doing this, nothing. still has nothingti to gain. but then there is one overriding fact here, which senator mcconnell continues to ignore. let me take you back in history. 27 years ago was the clarence thomas hearing. i was in thei house at the time but i read about it. the very day that senate judiciary committee chairman joe biden received the letterma from anita hill charging sexual misconduct against clarence thomas, that same day, chairman biden sent the letter to the president george w. bush white house, to the white house counsel. the same day, and the white house counsel that very day ordered the federal period of investigation to investigate the charges by india to hill. lot of comment on was not that investigation was adequate or preemptory. there's been a lot more, about whether the following hearings is fair, adequate and not preemptory. but the fact is the instinct of joe biden and instinct of the george h. w. bush white house was the same, inve

i looked around but it was too much to hope that this little flat had two bathrooms, so i ran up the ing that might do it. then i saw it. i considered it for a good few seconds, considering the logistics. before deciding the cat's litter tray was not a good idea. i ran into living room and i scanned it quickly. there were two large vases. let's call that plan b. the sweat was dripping off my forehead at this point and i ran into the kitchen, and there i saw the answer to my prayers. the kitchen bin. right? it was seat height, had a bin liner and next to it on the counter was a roll of kitchen tissue. so with one deft move i turned, pulled my boxers down and started running towards it. my sphincter had conceded defeat by this point. the airlock was open, the cargo was rushing towards open space. i had one shot at this. when lydia arrived, rubbing her damp hair. she stopped at the threshold of the kitchen. and her mouth dropped open when she was seeing. "you made me breakfast!" i nodded and ushered her towards the table and the mug of tea... as she sat down she looked up at me shaking h

going to look at. i think it was me who doesn't know how much fun hello to them do we have the white house have also met i mean must. ask an intern they're incredible how does good they are in that you love well i love the show. i know that. as it were into what made the army what i saw myself. and i'm addicted either way and i would expect like human progress than i expected i have thus may not expect because i would i would i stop thinking about going toward a center but i think you're cool then i'm about to but when they gonna call it a hostile see saw monica. in front of that mother and the. janet has mark a little seahorse a little market that's adult a little in a tiny bit of africa where it will go off can expect still expected without us of course how could i have i'm half a dork and then i wouldn't maybe you know what i still have to live now could have been ask a legit fan of them and if they were all well go. i don't got all this on myself guy like they're a oh i'm and all that i like there. i

i don't think so. as you tak a look at your weather headline, we're going to continue to track rain overnight tonight. son will be heavy in spots. rain comes to an end early tomorrow morning. and when i say early, i think most of us are going to be drying out by about 5:00.m. an that's going to lead us to gorgeous weather for the weekend out there, overhe weekend. and as we talk about the weekend, we'll have temperatures in the 70s for both days, and so dave jo i'm going to ask you to help me out here tonight. you didn't know this.y but clicker isn't work pg, so, you're going to clickmy througgraphics. come over here. hit the space bar for me. that's -- >> i haven't worked -- >> we're going to make this work. this is team work thanks, dave. this is 2:00 a.m. we see pockets of heavy rain out there. this includes in the d.c. metro area. space bar. there we go. as we look to 4:00 a.m., the heaviest rain is east of 95. as we move into the rest of the morning hours -- space bar -- we're going to have this rain pushing out, j

so as i look at quality of life and quality of service, one of the things that i focused on a lot in having a desk and office in the pentagon is process. i spend a lot of time on process and one thing i'm working on is affiliation. it takes me months and sometimes almost years to affiliate a pilot into the reserve component from the active service and particularly for other services where we have a current and qualified pilot say in the army or the navy. it literally takes months and months to go into the air force and that also goes with active duty members that want to affiliate where roughly last year in the order of magnitude in the 500 pilots left the service and we had roughly 25% of those did not a fail yat because of that barrier to affiliation called time and time being months and months into the reserves or guard is something that we want to pull the thread on and say how do we streamline that process? and there there's another piece on the back end, too, as we look at continuity of service and i define that as i can have the opportunity to pick a service i would like to wo

academy for example i look at it and i think will is this really relevant to the twenty first century you know we talk about the twenty first century and the levels of excellence levels of technique and craftsmanship seem to have dissipated not all not all in all cases but in and certainly a vast majority of the i think we need to look closely at so that the public can think well this has a maining it's got a purpose you have a piece of code mosque iraqi and you offer your last exhibition was called mosque about a king i guess based on the poem about the mosque or a piece of. thought look to reflect what that poem says about what happened that day i think it was a very relevant and with regard to someone being honest about the true. what happened. but in my opinion in it was no different. so many years own when winston churchill set the police only striking miners this was before the money strike of the seventy's with margaret thatcher because politicians tend to overreact i think in some cases i think with regard to the. the churchill episode where he did set the place on the minus i

i love. yourself and still care. will look in the cards. but i mean when i met the man who study in contrast my last. credible mattie and also let me see on he committed. oh. still. a lot more came at the end especially like i you know i have to like you know what i'm going to say you know what ok set off for kilo already been thought of me so i look up with a car that. if we don't but i wouldn't want to spoil like everybody which i had better get out and give yourself a. little bit when i can leave it at the moment to see i get that i'm with you to make it a game again i'm a thought just for a limited you know b.s. when it. isn't fair no man no political you need to know the answer is no. mistake you people the whole you book a school more see me like you stay i don't want your system in the. middle you know. my home my family left. the home with the. beautiful voice boy. look at. him and let me go. my heart you know that's the. story because i never tell them i was going to. do legal kill them in order for me you know i think. the. prince

i looked around but it was too much to hope that this little fly had two bathrooms, so i ran up the hallnything i do... a nice side. i considered it for a good seconds considering the logistics. before considering the cat's litter tray was not a good idea. i ran into living room and i skated quickly. there were two large vases. let's call that plan b. the sweat was dripping off my four at this point andi dripping off my four at this point and i ran into the kitchen, and there i saw the incident my prayers. the kitchen bin. right? next to it on the counter was a roll of kitchen tissue. so with one deft move to my turn to put my boxers down and started running towards it. my security to the defeat by this point. the airlock was open the cargo was rushing towards open space. i had one shot at this. when lydia writes, rubbing her damp hair. she stopped at the threshold of the kitchen. and her mouth dropped open when she was seeing. "you made me brea kfast! " when she was seeing. "you made me breakfast!" i when she was seeing. "you made me breakfast! " i noted when she was seeing. "you made m

was specifically looking at the 375, 415 call spread, these were $18.60 when i wasose earlier today, and i could sell these 415 calls against it for $6.15. net-net, i spend just under $12.50 for this call spread. looking at why i'm selling that upside call, despite the fact that the options premiums are slightly lower the reason for that is to improve the odds of success. you notice that the chances that the stock gets to 387 which is the break even on this call spread sometim between now and october expiration is 70%. reaching that higher level if i didn't sell that only 55% and the 415 calls i'm selling there is only about a 40% chance between now and october expiration the stock reaches the strike price by using the call spread we mitigate some of that decay but also seeing progress between now and october. >> you want to comment on this trade first? >> sure, i mean just in terms of the stock itself, sometimes -- quite a bit of the time, a stock is fair priced you think about the trajectory that netflix traveled, great assent peaked in this june at 425, and then

that is not what i am looking for. i am going to end and i have plenty of time left and i have two hours allotted, mr. chairman, and somebody said that they had seen this movie before and i commented to my friend sen or the tillis, this thing is as long as a movie. these are the words of justice curtis. in 1857, when he dissented in the dred scott case. when a strict interpretation of the constitution according to the fixed rules which govern the interpretation of laws is abandoned, and the theoretical opinions of individuals are allowed to control its meaning, we have no longer a constitution. we are under the government of individual men, who for the time being have power to declare what the constitution is. according to their own views of what it ought to mean. that is not the rule of law. justice scalia put it another way. i truly will end with that, he said that the american people love democracy. and the american people are not fools. the people know their value judgments and our quietest good is taught in any law

take a look at the last quarter of 9% following the month's earnings here i am looking at 10% upside and a little over 60 days. just because the option is reasonably priced you can use the option on the long side and situations like this where it is inexpensive i expect this one to move. >> mike is targeting the premiums that he's paying for this $20 wide. that makes total sense getting that time out to the bases makes sense. here is the stock that's really cheap. it seems the lack of performance is activity to its peers and the broad market it is one of those names that's in the mix of oh, are we slowing globally and for some reason, trading for 13 times i don't know why it is trading at a down. i am just a little apprehensive going into this earnings you can see this things on good numbers. >> that's really good point when you take a look at valuation what is it that the mark is seeing and when it is trading at a discount and looking at those types of growth rate companies charging 10% margins and it has less of that now. again that speaks to why option makes sense in this case earn

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i look forward to the day when we can eradicate malaria once and for all. thank you, madam speaker. i yield back the balance of my time. the speaker pro tempore: the gentleman from pennsylvania yields back. the chair recognizes the gentleman from new york, mr. tonko, for five minutes. mr. tonko: thank you, madam speaker. i rise today to urge my colleagues to support much needed investments in our nation's water systems. earlier this year e.p.a. estimated some $472 billion is needed to maintain the nation's drinking water infrastructure over the next 20 years. we have woefully underinvested in drinking water for far too long. now crumbling pipes and failing systems pose a serious threat to public health and public safety. later today the house is expected to vote on s. 3021, america's water infrastructure act, the latest iteration of wrda. it is a good bill. the result of bipartisan and bicameral negotiations. i am incredibly proud of the work done by both majority and minority leader members of the energy and commerce committee on h.r. 3387, the drinking water system improvement act,

i would look forward to having further discussions with you. i think you need to be standing up for these programs and refusing to cut them unless you have security information or intelligence information that tells us we don't need them any more. thank you, mr. chair. >> if i could add one piece of this. because i didn't answer your question on low-volume airports, we are not reducing our presence at low-volume airports in fact quite the contrary. i think we need to improve our security profile at smaller airports. so the reports that we were going to pull away from 150 airports around the country, that's not what we're doing. >> admiral welcome. i want to reiterate the chairman's opening statements. i think you and your team are doing a really good job. you don't get that enough and it's obviously not perfect. doing a rolely good job. it's obviously not perfect. but when you think about how far we've come from 9/11 and standing up a brand new federal agency, i'm glad to see you got your front-line workers, particularly someone from alaska. but

when i look at the chairman of the fed and you normally don't think of academic. i don't think of carriage, right? to make, carriage, people forget. extraordinary things they did in the criticism he was subject to and i would say when i will look at the recovery and the fact that we were growing at 2% for the third 1:45 thousand nine, that is extraordinary. i don't think -- he gave the right answer but you need all of them but without any one of those pieces, i think we would have been worse but i think the fed was critically important.>> i will talk about one of the big issues we have not mentioned yet it is probably one of the big mysteries and that is around lehman brothers. want to read you this editorial of the new york times the morning after lehman brothers failed. i should tell you the wall street journal was almost identical to the spirit this is what the paper said. it is oddly reassuring that the treasury department and federal reserve let lehman brothers fail and did not subsidize the distressed sale and try to line up loans for aig, rather than make it

i look at the things i think are under priced in terms of their ability to go forward. the energy sector is deeply undervalued. much of the financial sector is undervalued. with some aspects under priced. we probably would not buy the full index right now. i believe there is some rich valuations out there, everybody talks about that. and i talked about it for a long time. i have been wrong in the sense it continues to go higher. dagen: in terms of apple, you look at the run apple had. it was one all-time high after another. >> apple isn't sentencive it's extremely reasonable. apple mass the times of metrics you want. i'm treefg the amazons, netflix and facebook. you have to say it's priced richly. dagen: we have some details about the product announcement. would you buy apple ahead of the product announcement, sometime in the second? >> we wouldn't hold a stock we weren't willing to buy. we would be buying apple at these levels. but i don't know that the product cycle is the driver there. the market has an incredible way of discounting those things ahead of time. apple

i look forward to hearing his testimony and your questions. said, we are very, very proud of mr. tom, and i strongly, strongly, support his nomination. thank you, mr. chairman. >> thank you, senator donnelly. with that, senator peters, i welcome you to make any comments. >> well, thank you, chairman young, thank you for holding the hearing, ranking member merkley and other senators who are here. each of the folks who have been nominated, your willingness to serve, if confirmed, is certainly very much appreciated. i certainly appreciate the opportunity to introduce david fischer, a michigander, nominated to serve as u.s. ambassador to morocco. he is also backed up by a very large contingent of 17 members of the fischer family. it was certainly great to have an opportunity to meet them before this hearing. david is a leader in the metro detroit business community. he built his family's auto dealership p business into one of the largest dealer groups in the entire country. he and his wife jennifer are known for dedication to the community and cha

i was born. assertiveness. look at the numbers keep them up modestly mentally sound moving on a more serious basis i could. they be stronger like the. us was not talking to the muscle in me some was the must see i was a chemist they had but i don't know they left them without a bone of course you look out to see me smoke something part of the list goes on mass. this is the one that could have but i guess ill thought voice what else you can do what i would of the korean look what i see and know the past but it is the. explicative being for sure and to spend my money. on the. many ways so if you can get off that you must i got a sister got a place to go with what i said to the child out of his truck is moved out of the pot again in the bottom of the second house so all i want to. get this is last thirty minutes you hear us going we ferrous just what other kind of kid you want but then again if they are trying. to stop you see it and if they do have it. you're not interested of course are trying to get it most is not w

upside and what is the risk reversal might get a call spread with the risk reversal and in situation i look the stock was traded at 24.65. i can sell the 2019 strike 20 put. the stock's at 24.65 i can sell that at $24.65 and i can buy the 2019 exploration for 95 cents that trade cost me 30 cent, okay on january expiration the cost is 30.30, i have profits and if it's below 30.30, i have losses. the probable outcome is nothing happens. what am i trying to do here? i'm trying to put a place holder in a name whery have no idea what the outcome will be and it could be a take-out price candidate, and you will see it back up in the prior high. >> even if it starts to get going without some kind of a bid coming and as you point out, it's a digestible size and although it's a $3.7 billion market cap it does have net cash on the balance sheet so the acquisition cost, if you figure they'll start with 20% premium the thing i will say is this is if the stock does go higher for any other reason you are in between now and the expiration date going to see some profits this is what we call long delta. you

even when i sit down today and look at the d.o.j.'s recommendations, i want to look back at some things that have historically been done through our police department so we can continue to push forward those department of justice recommendations that we currently have now. so i think that's going to be huge, is being able to go back, look at the past and look at how we can systemically affect change, systemically. so right now, when we sit down and we look at some of the d.o.j. recommendations, and a lot of which were being pushed forward, let alone, i think we've seen 15 to 20 of the recommendations that folks are going over and had hit. if we don't dig down to the core systemically and help regain public trust with law enforcement, we're doing a disservice, so it's going back, looking at the history, looking at the current d.o.j.'s that we have, and how do we push forward while creating the change systemically. >> supervisor yee: let me ask, there's been a history of racism within the department in terms of, again, i don't want to c

steve: i think so. look you have leadership technology in your roadmap will eventually dominate. i think there's no reason why that shouldn't be the case. emily: you're taking on the world's most valuable company. they've stopped putting your chips in their phone and they say the patents they are paying you for are invalid. how does something so bitter get resolved favorably for qualcomm? steve: well, i think bitter may be the wrong term. we've had disputes with licensees in the past as well over the price of ip. it's no different here. it's just bigger companies. they're obviously a very large company, but we're not a small company in terms of being able to execute strategy. those things will get resolved. i think they get resolved on the courtroom steps, sometimes they don't. we don't know which way it's going to go here, but the strategy is playing the way we thought. emily: that said, there are critics that say qualcomm is not articulating its side of the ip story enough and it could be dead in the water