i thinkk this ecomom hardship isis tgher than many thoughtht.. as such, it calls s foa a different approaoach. weow have to sit back, take ststk and veventy d understandnd whadidiction we ha t to ve and how much litical capital that wilill take. ii hpen rereeith pat thatt we need t the unemployment befits extended and you have d do mething to help stateses strulili, not to help t the spspen money and cucutaxes and o ththgsgs tt are not wise in the short term, bu states making tough chchceces ould be rewarded s se ways. >>>> younono harold -- >> let's look atathehe nbers of whwhe e wetand now. thstimulus cost $787 billilion. the defificit r r 09 is now at $1.8 trillion. the projected d stst ohealth carere plawiwi be somewhere ararou the trillion. the are other estimates. isis trere a room for the obama adniniration to even begin ththinng about coming up with h money for another ststimusus? >> i think s s >> look, here's the ththin let t s sayhis. of course, i'm o on e e otr si. i would d opsese iand oppose health c care,utut think what harold iss

isis i a breakokoutomomt for her.r. it is a political oppoportitit w,w, i yo have t the mitster or the ewtsetr or if half the country knew w w pawlenty wawa mae e sah palin wouldn't be doing this. she hastoto strike whilele the iron's hot. e e caraise money.. put yourself in ththe p posion a republblic i ia d dtrtricthat is tryining to win a house aa wharare u going to bring in for thebibigiinn? is it goinggtotoe mitt romney?? he's old news. is it going to b be sarah lilin? abablutely. shshe'aa ck star. e e n raise moy.y. itit makes p perctctsense forhe totooo this. and as far as,ouou know, osh, shss cutting out bause she'ss governororshshe'really shafting e e ople of alaska. do you really ink theeeeop in the lower 48 care t th muc about alalas pliliti? ththeyever d. ununti stevens h h his probleme. they never did. titishe splashed onththe scene. anand e'e's peeononaly and t the media love personanalies. so, let's sese she's gott ssibly a bigig okok dl. she could dodo aelelision talk owow. the mainhihing i she loves the

isis package is notreating jobs. it too early? i think it is. but that doesnsn't c chae the matter that r rig now thehe mart is concerned abtt s supyy and ththe treasuryarket and t facac that earnings s wisufffferoing ahead. >> but, i t ts s isn popounity a and a l of pepeop feel it is, erer do you pu money y ghght now? you're sining values t tha a l of p pplple are oncece -in-a-lie opoprtunity s >> we're puttingn strategic entranspoints. i have to agrgr with your guests earlier this morning. looking back ten yrsrs fm now you'll look at is a gat strategic c iic trtran poinint? >> i thihi there'sower end consumer discretionary. theononmer isototdead but he's damaged. i think in corporate ndnd space that's probablyly ere a t of people who have e be hurt a and stst money, but tyy stillneed to g getntnto e market s s vevement-grade good corporate bond position may not t a a b idea for a t of p peoee to weher this and get exposure. a lot of peopople said t the wouldd avoid tasasy bonds for ththe ar ofinflatatio what do you do you'reotot putting it i

isis imercedes-benz. yeyeahgogo boy.ehere your treat. ( neigigngng, imper ) ♪ sh o o. neneig ) ♪ car insurance companany th. third-d-rgrges but, it's not like we'e' gecko vo: takes lots o oswswea literally sweat......gecko ' it j jusnot our thing... geckcko : : .but i do work harard,inind u. gecko vo: first rule of "hard work e equs s suess." geckckvovo: at's why geico is consisisttltl rated excellllenororetter in terms of f fincicialtrength. geckckvovo: at's why gecko vo: second r rul "d"d't steal a coworker'ss egegg lad, 'spepealallyf it's marked "the gececko come on people. >>> time n n for an a a mhael jackson editioionff the orr and under. first ,, memorial rvrve today, more than 17,000eople fied the staples centerr los gegeleto pay ibute to the king ofpop. tens of thousandsds sodod tside anand tctcononiant reres, millioio m mor watched arndnd e world on tetevivisi. i have t totell you, ithink this sty y is now officially ovoverayed. les see what everyone else thinks. ne welch, mimichl,l,olumnist fofo "vanity fair"

isis tget as far away frfr i it l as possible.reclele dysfunction get in t t w way ♪ viva viagra! viviag, , amica's most prescscbebed treatment, can help you e enj..... momoreatisfying sexual expxperncnc find out h how at vim ask yoyourococtoif your heart isiseaealt enough for sex. n't take viagra if you takake. as it may cause anannsnsafdrop in blood pressurure. sisideffffts may include heheadhehe, ushing, upset stomach, anababnoal vision. to avoid lolongerm injury, for an erectioiolalastg... seek immediate mededic h hel more than four hoursrs. stop t takg g vira and call yoururococtoright away... ififouou eerience a sudden decrcrea i ivision or hearing. 20 million men havavhahad n asasyour doctor if v viaa a isight for you. ♪ viaiagr >>> so for m mos of the session oil and engygy stocks were headed in n poposi directions. bc's matt nesto isis taking a look at ththe day'sosost telli divergence.. matt? >>>>ndnd wre not tryingo sayay the trend i i't'ttill tact.. ii mn, oil iss up a ttle bi but eneneyy is definititel one e bebesterf

at tend of the daday, that's wh alall isis isout, butut t tught ththiseally worked. >> i wt in aitite skeptitill d dthe piecee beuse i don't believe in theigig stunts. this was not that e expsisi and it d defititely got people's's atntion. there e waa a ll to action. y youave to gveve peoplele something they cananelelie n,n, right? if y y areakinghahat a cocommity product and j jzing it upandchcharng a prmimium, when ththeyuy blueavocado, they m m pay rr but they y ar getting the pledge and the n experience of the scsclumpy. ople may pay p preumum for that. >> think the green mararke i ia littlele ugugh, toto thpepele really into it,, they hahaveheaa alady. th made their own bag o of something, b buthehe market th are teter, whihichss really m m whatat w wou call the conscious consumer, theyey wto do this ststuf t the know it i i the rit thining do,, t they stillll ea and drive an suv. its s th awareness. when they s that coming ththem they say atat's what i'm trtruting to. >> i think the other thing that wawas poportt was how the mager from whole odod said thfact t tyy were doing thi

hello, philil. >> hi, larry, momoow night at this titime gm isis exexpeeded out of ananuptcy.hings have t t happen. we expected it to ppen by midnight tonigight.. nknkrucy jujue has stayed it wi a a nal bankruptcy appeaeal. when youook at gmnd when itt cocos s ou of bankruptcy tomomoowow,hey'rexpected to give an u uatate on the businin plan. the new chairmrm,, ed whitaker will plplai this is a a new generaral totors ststpppped dnn leaner meaner general motors buu one not getting r of all the exututiv from the past.t. leleardd from bob lzz scheduled to r rete at the e en of thiss ye, he aiain' going anywhererehehe's stickinggitit e coany at least fothth time being, t tining on a n role inn gegeraral tors management. extly what his new role will be, butt yan knowob lotots with his i iluluen will take on arominent role guidingenener motors in the e ture. we'll talk to him tomorrow.. rst on cnbc with bob lutz torrrr afternoon 4:00, yououo not want to misss it. when bobututz tata,,ou want tot arar wt he has tosay. :30, eastern time, h hea fromom raray yngng,cfo. it is rare in busin

there isis a mixture of sororrod alsoelebration he..a a fewinutes ago s a give it u up for mchael jackson anpepele startedoo cheer.r. so they're bototh celebratiti h fefend also mourning hisss. the crcrow as i say, h grown since the televividd ceremonynyh concluded. we've also seen oplebrbrinng balloons and flowers d other remembraraeses, d trucksks, florist trucks fullofof owower ming up to ththeaiain gate o of the jacksksresidence.e. so o obvusus people ouound t rlrld e tryingng to remememb michael jackckso b b sending flowows.s. the crowd here n now i wouldday abtt1100 or soso it's's been steadily growing t teteoon. as thehe jacksons t tmsmsels ar at the beverly wilshire hotel r r e rception that's going on right now. wewe'rtoto that t thell probably rernhehere in t throror four hours, so dodon'know whathehe crowd will be le at that pot,t, b as y you say, there have beeneoeoe everinince the 25th of june,hehe d michael ckcksodied, coming o he.. ththiss the makeshift memeririal they'veererted with the flowers d balloonsnd cardsndnd not

the trtree on isis, freeeertrt-moran. close, thahass yr op. >> i'm melelis l l, see you back here at 5:00 p p.m easternimime for r rere "st money." haveve arere night. >>>>> morrow, take your position with the ast moy"y" playbookok preview.w. hahashehe rallyy reallllrurun i course? geget e e eaings edge you need now. cncn 5:00 eastern. cecesso favorite coursesncer) mmmmesrites at the t theerer wi extra special sesess additional hotel nit,t, o treat yoyou rld in perfect hahaonony:riceless look for world on yoyo mastercard d d i the chief shoe gigir r atoms shoes. i opopere e myntire business froromymy pne. because for eveverpapairofl we give a a irir ay to a child in need.. it would be e imssssib for me to do thisisititho a network that works aroundd e e wod. (announcer)) re bars in more placeses. at&t. the best covovagage rldwide.

but t isis does not mn a sure cocove. ina is du to report gdp fires on july 1 1h. >>> andchchriinin a alc reported a sonon q quaer loss as volumes led to a big deen n rev few. t results did beatt analyst forecasts and the company s sawn improvovemt t fr the first quarter. the ceo ss efforts cut cos are working. alcoa hahacaled back productctio more than n %% anand iselling sesevel businesseps alcoa is sticking witith f forasts t tha glalal consumption of aluminum will drop 7% thisye.. shshar rose 4% in after hrsrs and todayyinin franankft t we ke a look at the board here getting a l lif bybout 7%7% thi rning.g. soso a nice lift r alcoa today. theppip will buy upup to $140 billion in ans v vsusus the original pgram. ititas named ninin fund manager who will contribute 10 bbilon. those companies includude blblacock, ininveco. on noticeable aenence is pimco which says it withdrew fmm coideration last month on concerernsbobouthe progogra structure. > meanwhile, the leaders ofof the g-8 p parcicipas have agreed to cutasas emiss

it really isis n p psible to spd d th up. quarles th the approach beingakak ririt t now. in an economy a as ek as this, e focus should be on stimumulu the point is, hovever,hat over the medium term, that m mht be 2010 or 2020, , wel have to confnfro t the dicicit because pressurewiwill arriveerorom eitr both of mainn ststre, the amameranan public,, financiala markets to doo so. at some e inint at pressure becomes irresistible. exacactlwhwhenhat moment s i i don't knknow i i lilief it's certain itit w come. >>>>roger, here's what chrisisod said about the stimulus s paage. frankly, it wa't'ts targeted i it should havee been. the aoao says t t ates are using it to fill theirirududt gaps r ratr r th invest in long-term prprojts. you'rereatatised with theayay 's's bng spentnd distributed bubudie-hard docrats in coress are not?? >> well, carl, i'm n n a an pert on precisely how t the s stilul tuing out to be over the stst few weeks.s. i d d't have the d da a toake that judgmgmen but i think ththisss evolvingg otrr fiscall stimuluss

initially,y,isis mher filed a a position b beempary adadmiststrar. he was grantedthat, but that exred today. o of todada the two executors have control overththestate untitil eeext hehearg.g. th's's iortant becauau it's rth an estimated 20 million $500 million. ha a a billion d dolrsrs at sta. we have jacksonon's pmomote of ththe urur that w was sppppedo y younow x possibly startining ototr round of tours, might inlve other performers. how much that cocouladadd is estimated at tensns of milillisf dollars. they wanted to make sure they uld make thoseecisions wiwiin the comingng weeks. >> micichee,e, tnk you for keepining u u in the lo.. wewenonow ere's austody hearingg monday,y,nonoth court hearining t t estateset for early y august. at leastst fow we know who's's in c chge for thehe next fe weeks. whwhatououldappen august 3rdrd, let's go to todd. we're talking about two wiwill whwhy the 2002 wlllloming into play here in thherwawas atater will? >> thehe wl l wain 1997 anddtht 2002 will woululd obobly supersrsedththat will.l. it was verery prererly epe

. >> life isis t too short to compromise time anand sources. anand ough it may be tempting anmore comfortrtlele tousus ki o ofeep your adad dn and plodalong a and appease those ww are demandining, hey,uust sit wn and shut up, but that's a wowortess easy path out. thth's a qquier's way out. >> t thas s ght. winnnnernener quit -- imean quitters never -- never -- quters -- wee join governor palin alrereadinin pogress. >> my thhout t about,well, h how much fun meme governors have as lame ducks.. they travel arouou their ste,e, travelel too oer ste,e, maybe ta t the overseas,, internrnatnanal ade isissis. so many polilitianans that, a d en i thought,t, that's w wha's' wrong. nyny jtcccct that lauck status a and tey hit the oaoa they draw a paycheck and kindnd milk it and i'i' not gng to put asasns through thaat. i proroememed efficiencnciend ffectiveness. th's'sot how i'm red. i'm not wired tooperate under e same old politics as ususual i promised that fou years ago and d meant it. >> if myoour years ago you meant 2 1/22 years agago, whah1 momont o

atatould mean more officers could be nt home earar t there isis a w mystery.ningus the sket here will not turning ere. there is so debate overr whetheheoror n michahaeljacksons mamainare in that casket iff it's not goingng back to ththe cemetery, isteaeadi somewhere else? mae e neverlanand? where in the worldremimiael jackson's remains? it has been a beeeehi of titivi with all the city dedepaments. coululcocost the city ass much 2 toto $ million possibly. e city attorney has warneddegeg hosting this memorial for free that it mayay it be liaiabl f f citycocost and theceo had this reonse for us. >> y, that's hisis inion. wewebviously didisaee. thisis inono our seice, it's the family's. with the cityattorney, i respect him. he's new so llll chalk ts up toto maybe beingng i his rsrs wk two but not o on ee day of the funeral. that's veryy inapproprpria. . >> the cityy i asking for fans to h helmamakeononatns ononne. meme mey is cingin. inerms of binins oms, thther has b bee a sisine boo rrhotels a restaurants. magic johnhnn n ga a shoututut tokfcaying jackson veve

isis ia firstt onnbc inrview. >> thanknkserermuch. lookokinfoforwd to the program. >>> all l ghght, guysys nene, the seseco quarter rnrnin seseas kicks off tomorrow anand many analysts don't expectct pretty results. >>> let't's t t a ok aad at thu.u. trading day a and bring babackob paslik. a 1010% cocoececti would becacad optimistic, but t iguess that'sa si of the times we're in right now. >> eaeah. >>rereou buyingn n th dips? if you are, what do you lilike >> what i l lik is we are binin ononhehe psps wh i would beecommending to investors outt there, no day aders, but investstor is to not focus on the day-to-o-yy movemementofofhe overallmarket. you're seeing improvements in the economic reports a a think yoyou' going to o se aeturn to poposive g as soon as ththe third quarterer. and i i ininkhat you want to d is posositn n yo portfolio for atat positive gdp growth.. i think you want t toeduce your exposure to the defensive areas and you want t increasing yourxposier to ththearar clicals, the discretionary, the financials, the b bas

." >> isis, what happened? you were supposed to go so far. the girl that we saw in those photos last season is not here. she's disappeared in her pictures, and she's disappeared in personality. but if you want to be a model, you can, and you're already an inspiration for the gay, lesbian, transgendered, bisexual community. did i get that right? i think i said them right, didn't? >> yes, you did, honey. yes, you did. >> you have to know that. you need to work on those eyes or else you'll just be wah-wah. >> isis, is it true tyra banks was involved in funding the procedure? >> yes. tyra found dr. bowers, and, you know, made the whole thing possible between the two of them, so that was a very big blessing for me, because i had no idea it was going to happen. so, yes, i'm very blessed to have both of them. >> how long did it procedure take you? what was the recovery time like? how much did it cost? >> well, the procedure -- the procedure, itself, was about 3 1/2 to 4 hours. the recovery time, the full recovery, was three months. i am just coming

it l lika big weekend in oklahoma, sooners, evevery wkeke isis aigig wkend. a ahe. >> that's s righ well said. thfed has not been sayinin anything about the calalifninia budget crisisi >> r rig. . >> is this the w wayhehe f is tellinincacalirnia they need to spspd that stimulus money y they've gotten and is s it gngng to turn ininto c comdities and mamateals play? i got to tell you somometngng. i'm not worrrrd d abt californiaia. i i coider it political grgrdstanding. t kidding. i'm a buyer of calalororni general obliligati m micipal bobond ifif y c canet them at 6%. i'nonoworried. wever, i do have to enend e e segment even t tugugh was going toto go s sve in california. but candy juststhohoweup. sense of ennue hasas you has overwhelmed d e e maet. but i ththink 's'siving you an opoppounity to buy some stococ for less! >> those who misisd d yeerday's showow, i lklk about a amazing ll. someone yoyou kn a a respect. roron sana, cnbc contributoror he writes the "mararket veve' newsletttter it's must readadececau it dazzles. papa o of e street.com where i'm chair

she isis bailing on h job, two and a half years in. is aone-term g gornor and with all the ambition ee has, i thinkk v vors would like t t se her especicilyly i a aaska doo job. it's hard t take someonone riously when they s i justst can'n't stand the heat, whichch eieis enis enially what s w w sayingng t o oth day. we're lpss t a abrtntness of tht announcement makes me wdede if there's anototrrhoe to dopop whetherit's personall o political. itit just all a tt mystifying at this point,and certainly sarah papaliisis bit a national novice asee knowndnd she's taken theaa whether it's been omom david letterma or all the razzing the family's ha h h childrenen, the feud with he w w levi johnson.. she isn't sophisticateded enoug yeye ohno whehen she stays out thefray. e seemed brittle t the other way. what do you ththin t the futur holds for sarah palin? >> i don't knono i i thkk whathehe did endd her political cacaerer. i'muu she has natioioll ambitionons ssti. i imaginine she's going to make t t money off of t tha book that's in the wororks

palin isie ly republican tononontrute to tull true cacabury. a salutete too the gop,, finind itself andndalalr itstitime wit emembaasassi political catch phraras.s. >> serious -- tn. >> louiuisiaasesetor adadtttted only to seriouous n.n. ich is now defined ass -- havingng s w wh hookers while wearing a diaper.. why sex? dd larry craig's e expnanaon to thpopoli after beiei arrested folewd conductct. >> i'm f faiy wise guy. ii te to spread m gs when i lower my pas.s. >> wide stance, now definedd a thpose struck during thehe solicitation of s sual favovorsn eeoilet of a major metropolitanan apoport >> i am n ga >> falling short o of the standards. >> i askedouou i rumors were ue that you were in a a afafai. >> theheadadmiion of f foerer he speaker r ne gingricich. >> the honest a awewer is yes. >> new definitionon, doggedly attacking presidenenwhwhil cheatingng o one'swn wifefe >> writing an enign. >> lastt year had an affair.r. >> a new phrase descscbibing letter w witten by presidential hopefuls used to telell yr mistress y you"u"use her for yo

isis ithe course as weeavav bebeen sying ahahea of one of te biggest earnrnin'' seasons i decades. ch a critical timims so many investors areelolookg for a k to recoveryinin t mbmber d d ey're looking foptions toetetr resultss under t t thirird ararr and we'llet t ttt arard tomorrow with alalco after the llll >> okay. nonow,heeaears ofof t group of eight nationons convenenn ily totomoowow they'reexexpeed to touchch on longer term reforms oforld finance. ththe rld bankin a letter t to ththe 88 nations are clln global banks to stepep up l ldi to r reve the global economy.. in our "calall of thewildld" ar the bankses stalling the economic recovery by t nding ouou?? let'ss a ask rick santellin chicago and weention matt mccororckck, nking analyst. hello. matttt,t't's easy to blame theh nks, but the reality in a a reressssiodon't you have a slslking off of loann demand? you can't make a a loan where t demand is ltlterg in the global rececessn.n. >> absolutely.y. i agree wh you. i think whatat's happening heres the nknk and ththei activitiess right now en't the reaeaso for isis, w shall w

look at isis.shg stragss on t tss smll fishing villalagef gornor palin t to speakakerer acace d lookt thisedia scrum m erere. here is a q qstion that youou ananerer aut her future. watch. >> can you imagineneouoursf runnining f president?t? >> i don't knowhaha the future hohold can't predictt wtthe next fish run is going t to l lk keke, mu ss what's going to happepennn couple of years. my fusus is on m m state ststil anddtt aays will be, and my family andndhahats best f for them. whwhats bestoror themss to not run forr -e-ection and to a avo a l le-e-du, wawaefeful sessionn a final yeaear o office. >> is tt t -- mean, t ts s is the question i ped to s satator mccain, wch is is shhging omom tse fights theayay y demonstrate leadershihipnn a republican partyty >> i think thatt is her big fla right now, becauau even in alaska, even in her hometown erere ople are e ermously supportive o ohe where peoplee love heher, theyaid we're realy disappointed because s she quit so, thatatuiuitt label does attatach

let me ask youou about isis p-p plan. yo company has been talked about terms o of being one o the investors there. i ththout t e investments were toe ttox >> i can theyy ee t tic butveven toxicity makes s sen i if u can get t a at the ghght price and with thehe rhthtegree of lerarage and we b belveve that isis prom hahas a veryood balalanc of t to twtwo st as the lflf program om t ter short tm aet backeded cmemercl paper was a ccccs. beeve that.. i once it gets goioinglsls will bebe a success. >>hohowill y you come up wi t t pricing onon i a lolo of talk that theebabas don'n't ntnt to s sel at rorock bottompriceses do you t thi t ty'll sell you thesssssven though they thk at some point they'l'lbebe able toto g high p pceces for ththeassets? a lot of this paperer i is ve going g g go ck to par no mamatt how long theyolold it.. what will happen wh the p-p-. i because othe v ver fororab leveraragewewel be able t to pa between 5 d 10% an points clclerer t par thane would have be able toowithout p-pip.. as aesult of that, w wh

the mere t thohththis is out there isis so fascinating. i i ienend to t tmpet ts. i ink oil -- pepeop were bettingg o big economic growth, i don't ththinititas there, there is antidollar speculati, i'm n n a agastst speculatororp the mamark liquiditity. whatbobout 20? hell's's bells,hahat about 40,,j lecamp. i think you're r rig if you okok a 40nsnste of 20.0. general thee s is correct, there's a lot more supply t tha mand. demand is c conacting ststil you have supppp in pililine on sh, , sstoge, points t to lowerrrices. here's what coumers needs t know, when the economyturns, ririg unun are down 40 to 50 %. chcha a isoing around t world buyingng sosours at record pac. when the global ecocomymy tutur that wll turn on a shortatage very quicicy.y. >> some people say, thoughgh eve forbes, even though d demdd is fallilingececau of the world'sshshak onomy, production is fallingalso. evyysingle thinghahatcocos out of washington d.c. i antioil,ntntirineries and antitiilill ill ill. lecamp mayayave inint. >> i losost you, arar. >> lecamamp m have a pntnt ododucon is being

. >> would thatveven help at isis point? >> i itnk, you know, the patient needs a l l of medicacati.. sically had a gnt ececomomic stroke globobal.. and we're stlln hlilingmode. housingg needs to bebe healed. needs to bemomore business investment. d confidence has to be rerested. >> c condedee in early j jun wa t great. it was l les t tha expected for ee consusume but athe same tte, houousi seemss t to showing some signs of recovery in someme parts ofe country. manufacturininseseemto be recoveringng. where are we in this cycle, do yothink? >> think it's pbabay just the beginnining. and d wh w we really y eded to s on as vevests is thehohole woworl and i thihink it's the world beyond nororth america where th lo-term prospects o othe bebest >>>> y are looking outside the united states foretette vestment opportunitieies? >> yes, si >>>>why? >> we think there's ssssdebt. there's s mo g groh potential. and there's a l lotf people w w want to woworkarar to have everythihi t thawe all have. >> you have a rather coconctrtred rtrtfoo

and the only wathat we're gogointo turn this t thing arndd on them isis jt t toall for a thirird party. >>>> l's's ge them a chance, ed. let's keep o chatting andnd talking to o our friendsndnd it uldn't help -- excucuse me,it wowoul't hurt i i amicics, all 7272% o believe in aublic option,, starart calling intnthr elected officialsndndetting ththemnonow how theyey feel. congrgrsmsman ith ellison tonight here on "the edshow." thanks foroining us. he a b bl dogrom ioa. he w w oe of the 46 that sgngn the letterer qststiong the pupuicic oion. he join u u tonight. congressman spapa,, elala your position on this. are you agaiait t th public option? >>nno, i'm notagagait a pububli option. >>>>hehen y did you sign the lelett? >> becauau i i tnk we n need to rerene this. ririghnonow what i'd like totod is g get t inputofof the hospspitalthth are so portant, tt just toto e prprosision of memedil care to theeoeoe i represent, but ittlsls an ececonic engine in our district. eyey'rthe rgrgt employers in ththe strict. i i ntnt tfind out f from ththew this public planaffects them. is it going t t iv

that was a bibi part what t happened isis yeye..o when you go forward, regardless of the price, t dependency remaiainshehe se. so the security issue neverer i lower. itit jt feels better. because you'ree gettingg your gasoline chchear. you know, whwhenyoyo look at i and we'veeaiai this mananytimes but i it a huge transfererf wealth from one group too a anor inin bing all this oioil. but just think f forminute, a barrel of oil l congng ithe houstotoshshiphannel. it comomesn,n, picked u goes the fifine, pros prpred, goes your car, and four momohshs later, it's gonene. follllowhehe mey on the other de. you boughtht t o o. the money is with h e e pele that had t theesesrce. they don't havave the resource anymore. t t th have the money. the money comes b bk inhere.. and i it' very simimarar to what took placece, what, back ithe '90s with h thjajanese. you remember, t t janese w wee buying allll these cs.s. they'ree bringing the moneyey b over herere buying upnenew rk rerealstate, california realal estate. we said, m m god, janisis going

again if she isis going to g g d write books andndo tv and do a lot of expensive spspchcheshat wowould fine. t t ifshe's goioi to try to ntntin tongngtiate heelel within thehe rubublin party and geget the right events and ke her r ccomtments, she'sgogog to have to anan her bbit >> d did palilin raee expectati for a 2012 by r resiininor lowr them? >>>> ihink she's kept it open and kept it on the tatable by sayingng amm l leing politics," i mean s she had a few c choic words criticizingolitics on frfray but she did n say ee was leavaving. she did n notsay sheasasoing to --hehe would neverer be a future candidate, s she wld ner seek higher office. she was out of the game for goodod. as we know on saturday s was tweeting a a wrwritgg submississ forfafabook talking about h how wee e l in thisistogether, we need tooforce pgrgres togethehe in thisscountry, you neveve n n aaitle before yrr name too something. th is all about ccoury. join me, se e said. soso think she madade it clear that s s w wan to remain inn t gagamen the futurere.

's a isis-tunity. t theay of the announcement, she made the top 15 gogoogle hot trends.. more people havevebebeen search r name now thann ny time since the last eectn. who's got thth p spot of spspsosore linknks enenev anyboy searches sarah palin? at would be sarahpac.c.c,, o course, , the governrnor p polil actiononomommiee. and tn they even changed theheir subheading to sign up n n to nate today. we calledsasarapalin -- exxcuse me,,ararah pac's's o offce todao find outut jstowrofitable their gogle ad woror campaign s s en over the l las w days? shockingnglywewe have n yet ard back. it ipopoible they are too busy counting their money. ntlemen, you booked your hotels on orbitz. well, the price went dowown, so you're all gegetting check thanks. the difference. except for you --- you didn't book with orbit so you'rnonot getting a check. well, i think we'v'vall lened a valuable lesson day. go day, gentlemen. thks a lot. thank u. introding hotel prpre assunce, wherer another orbitztz customer books the sa hel for le, we send yoa check for thdifference, automatically. bodydy w

paris is nowow4, prince isis mot 6. >>>>hy don't you like star wars part wo?bebecae it's boring and susus. >>>> rhtht. anand at makes you think you're quified to make such a s sonong judgment?? >> what makes you u thk k yore right t ouout at? are you susureououe right? i i thk k heas a point. >>>>e has a good point. >> did you cry when prprcece w boborn >>>> y. . >> can you j justete me what happenened cayoyoremember how -- >>f course. he came out with this s relyly b head. anasas sn as i saw his head, i i thought of my grandfatatheananmy other, randy, because e s s he was shaped just likekeheheir d d i id oh, my god. and then t theesest,hey let me pu -- pull him out and i iutut ththe bilical cords with scissors that werere spepelike a storork. anand eyey caned him off and eveverhihi. and d i i ias ready to take him home. ththeyaid, nope, can't take e m home. i go, why? they said, he has s seouous problems. i go, what? weave to take him to intntsisive care. hehe n notreathing properly. said, oh, no, please, , d,d, dodon'leleme have a sick child.. oh, please. i

wewe d't'tnowhhat it isis. wewe rlllly ght to finind out wh it is. t tn cia t avoid oversight. we havave got to underststan exactly what wasasonone our name so that weweanan start minn it ririgh >> the point off apecial prosececut i i n n necsarily to prosecute, it's t to veve an investstigioio to kekehis out ofof aololital environment. istt that thehe pfect enario for figurining tt wt t happened? >> but the n nuure of looking back att the past admininisatat, there isis aanange of setting a precedent that eveveonone makina cicisi basednn l lif and deaeath will h he e sobody investitiga them. this d dea ws sararatn of powers an the dangers that t th executive brancnc is bomomg too powewerf.. and yeyet here, weould have ic holderesesseially going in unchartered terrrrorory. i think that's dangerous. we also have to worryry -- >> it's notrereal uncharted territory whenen you t thi ther ha b beespecial prosecutorss appopoind d before. one that leakked i in the cia leak casee -- they didid dururg g thtenure of the e prididt, but this would be actually inv

the kospi isis up .5%. shananghai compositep 2%. nymelight sweet cru is u 79 cents,s, seeing recovery the, $ 6/0.48 barr. brent t is rerecovering trang a $61.59 barrel, up 88 cents. scott. >> christine, if you're just t joining us in the ununited stas, welcome toto thetart of your global trade dag. this is "wldwide exchange" oadcast live from the e u.s., asia and europe. in the u.s. right now, as we takeke a look atthis trtrading ahead of gogoldman sachs, c cril earninings reportsts, key data loot todaday, retaill sales, pps going to give e us a rd on inflation. e dow ride now, a few points below fair valuable. dell may be weighing on ththe marketet just a ttle bit andnd that shohould be sloets cloly watched stock toda takeke a loo at the ten-year yiyield, 3.32% in items of u.s. easuries, as i mentioned, likelyo be acte as a rest ofof the dat coming out todaday. 3.38% is the yield onon the ten year. ba to you, chriine. >>scott, let's get b back to chararles dieble. nd markets had a good r run last week. as w we get in earnings eason

>>eses ifououars the statemenent carefufuy y asou did at the top ofhe show, kekei, they sayit isis n o our picy or our pracceceo mislead the cocongss. thth i is a full admission. there are many times w we dijuju that. nay pelosi is a politicaca person. she a a panenea have hahad at i politically. th i ia h hiway shshdodown in california betweenenoontey and san francisco. yeyes,hehe'seen vindicated. nonouestion about . >>>>hhatbobouthe second point hehere coressman holt was, i thininkee ss specificical begmpmptic thatt'sroroce and structure that concern h mos but bebetwn the panetta ttitiny anan what congressman ldld said and what c coressman eshew said and the i ia of the bkeke ddenly being jammmm on some cret actical, doo that suggest we haveve another s sanl brewing g i it undiscovereded debrisfrom a previousus o coming or whatats s it the big speculative g ge e todaday onheheill when i was calling around.. nobody's'surure. it sounds like s smemethganetta kn a abo or put a halt to. meme neb members of ngngre don't know abobout i o or were y recently inform ofof, t the's that.. he w

drug stocks, me isis a big stock.k. bott was pled and there is not muchxpxpla nation onthat. >> but you ao have toto consider e move upp that merk has had in recent weeks and monthths s mayy investstorarare oking forrnn excuse to sell th stock. there is a roller coteter i i mes square.. look t.t. that down and u up and downnd up and down. lplpinit go up a a the cpp stocks. eyeyre up 3% prtyty muchececau of the coverage of f brdd come. up 4.3%. the equivalent of buy ratingng thth biggest gainer is wyn resorts. sitive dataovovg these highernn velopmental drugs. selling goingng in amamn. let's go to sharon.. >>>> and t big sell o thatwewe have seen in oil o ove the lala weweekrr so coinues. we a aooking at lower pces crkikingbeloww $6$60 a barrel. we continue to go bebew the60 $level. anand mandontinues to show weakneness gasoline demanand still below where iwawas year ago a we ve much l lerer p pces at thehe pump. this demanand down from where we were a a ye o.o. th ishat aa lo of the refinersrs a l loong at.. they are g

the most interesting thing isis theyhoho hundred dololrr lls in the roro.y as oppose t t stealiling it. carlrloscoco over here. >>reree going to do t the j jry maguirire g?g? we have a greathohowomominup. mimichl l jackson alall i i ono acac also goingng thahavethe presidet of the united tatate barack oboba with the presiside of ruruia medvedev,, they'regoing totoave a jojoin press conferene totoda >> nice ue e ofedvedev. w whever they canan tother, you got to do it. ave putin ououofof it. is the economomn free-fall agagai we have talklkbobout bideden' comments and mort t zumermrmani also be joining us. toure. bibigshow. don't go ananywre. wee e ming right back. msnbnb live with carlos watsonn ststar after this break. freee! te your friends, tell your d, tell your mom! never mind, they've en singing our songss since f fir showed up with our pite hats on! if you're not inin fake sword fights pointy spppps and green wowooligight take a tip frorom knight who knows free credit reportrt dot com let's go! vo: offer aps with enrollment in trdvantage. swswee if you

nonoit isis, obviously, great disparity wiith south korea,ne of theheajajor econonieiesf the rld.e sd d th thereress an isise of governancnce an accountability and transparency by institutions in afafra.a. >> so intereststg g th way the presidentt isis ung hisowow personal hisisto w wn he takes these tripsabroad in effort to connene w wit ooe. yoknknow when he gi that big speech inn cairo, hee talkeded t the factcthhat he hadad r reliv o were muslim a andhere, talking about theacac thatat hi ththerame from africa, this s is not sething he talalks a lot abt with americanaudiences, we didn't hear l l about his rican heritage when he wasas running g fopresident, butt it' aa way whenen hss aoaoa to coecect th p peoe and kind of demononrarati in theays in which he'sdifferent kind of ereric president thanwewe'v had in theheasast. >> let me briefly ask u about all t tngngsepublican andthe latest from senanar ensign. what can i s about t the ensign chronicles. does he survivivethis, where h in-lawaws idid $9696,0,, reportedly, toto t f fily ofisis mistress. yoyou ululsay what the mive s,s

she isis a shining tatar.r ii wl be here next time. >> reporter: wtt happpps is chris says it's savannah coming up, and d th he says, i havave go and m mee arozen pizza. >> i am sorry,savannah. that's not watat happens. adoresyou,nd i do, too. she is a shining starar here. wewe jtt lost the saellite. les check business before the bell withccc's mark haines.. >> i stay here for haines. that's my m crush. >> youou doheheame thing t me that you do too saannah. >> here, have to . yeah, take c care of it. >> let's get to thehe market. it okoks like mht open up slightly --- havave to tell yo apapogogiz to mike bbarcle, thee stock maet ran into a road mp, a speed bumphere. peoplele startedo worry again about whether the economy iss really recovering. certainly nott mme,ike. but pepelele a. anand toyy we are seing more evidence of tht. i i staring p,p,y the way, because i hee aboboar by the way,ususover the cmera with all sorts s of data on it.. i am seeeein oils nowown another bubuc atat'sreat news for thosef you who

>> tonight oncncn reports," standing tall behinind the call >> this horrible frightening recession isis ending nowow! >> another ay, another pile off evidence thihis s ma be g getng tttternd dennis w was right. >> i believe in it. >> warren wants more. he thinks ththe first didn'twor. ananenen bnanke will h he go or stay? d the f fed chief. >>>> a exclusive o on ee man knn as nails.s. frasasebl to day trading to banknkrucycywe'll hear exclusively y omom denny dykstr h he asks f court protection fowhat'sefefof hisis money. bc reports sttsts now. good eveninin i'm dnis neal. that epicc b bate ofeaea v vers greed, feaear versus h hop takeo a nene venue. i'm calling it fear sun valley, some of e naonon's moststowowful bubusissss sts are gathered in mountainvivias and bigwigs. wewee talking tititss like investor wililbu ross and amereranan eress ceo ke shshenltltnd howard stringer and bob iger of dieyey aot of fipower though dththes hero s of capitalism arare down andd even warren buffet sounds like he needs aa pizza e.e. warrenuffet isis getting the ndwagon for a second r rou of hugege stim

there isis nururgey to buying ththisomorrow, the next day, or the next day.si o on today because e i t t e-mail frfrom v vier after i responded to the lightning round q queioio about it l lasweweeknd the vivierer sd listen, jim, you've got to do more homeworork. i did and liked whwh i i discovered. ryry l ltle reseseahhn n th company, ly reports from cl kining,ooood firm, but i i shsh tre were more toto rd d out it and it is solutely speculative, , doesn't trade muchch. let me make thisis carar, ere's nono srt-term catalyst to buy the catalyst in wr grace, , there'e's h hur. anifif pple go crazy and pay upo buy it tomorrow i'veveotot totoeaead at grace moved a lot, stk will come back down to where it went out t toy y in short titi.. l l thusual rules apply, wait a week for thehe plblbac use limited d orrsrs, n't buy at on.. i i waed to respond to the viewers who deservedd m morthani gave them on w wr acac i went back, dididomome re homework a andouou out i like isis sck even more than i originally thought. expect it to soon emerergerorom babankptcy with prett

and murdoch isis there? >> hee erer thererepos are out that the nepapers paid out more than millioion pounds to ttle lell casessinvolving journalist use ofof cmiminaetetho to get stories.s. they allegedlyy tatapp phonenes with thth help ofrivate detectcteses. ththe siness therere isthth new chieief operating officer. digital chief johohnmiller. otothe mediacoes. ta mushing forward. iningi cableletoto the westst. allhehe mediaiaegegs areopopin that the rht technology wll heheontent remaining. >> people a are talkiking about fafallg g ck in ve with televisionon. because of the randomom aesess television anddvr's. >> everyone is wondering whether e content and distribututio giants will team up a as partffa gigil ststtetegy thepotlighthines brightest on twitter ceo, though h he te me therere a noo plans t tsell. >> itss alwaysicice to havave atntion. tt ththk, it is g goo to bee here. and seee whatwe can do. >> b bigrr or taller than any executive is firirstimimattendee lelebr james. he said ouou play a game of

butt bononthat,nd ihihink isis is the mo important thing. ne of the world, which the-- his second biggest paper. his firstst b bgegestpaper in te uk is "the unun". everybody will shrug and say th's's murdock. >> evene i is i innent untill proven uiuiy. >> that m not be thecacase withh murdock. >>>> n no it is. here ishe thinin thealall reet journal buried this story onagag seven.n. one of the fears when murdock ququed the walll street joururll isilil heover hisis own stories. >>>>anany y copy of the " "ne york timesesitit w not on the front pagege >>>> i is mentioned bebelo the foldld on the front page. >> nn we s sto arguing about where it was i inthe " "neyoyo times"?? chchae let me goo yo iininhed youour book. why anyonone wod ever talk yoyou beyond me but it was a grt book. history w whh ts?s? an a aegegatns in the past that haha been provenrurue by reporters? >> yeahah there wa --inin twec i bieievethere was a case thatt inlved exactly thihis where ty said, ""nef the world"d" said this w a freelancer, didn't kn about it a a we apapogogi

>> reporter:r: wl,l,e know that isis pgram was in existence though we don't know what t the program was x xexexptpt i a ver general sense countererteororis program. babackhehe the cia w under tremendous pressure toto come u with some countertrterrirism programs, ththisasasomething th w wasn the works. it existed some eighttears without bomomin operational. ththe legation accocoining our reporting i theneneyork timemes"heherehis story firir appeareded, nene hehe than v vic president t ckck cney did not wawanthehe existence of t th poport to ongress. fafastoror a to june 23rdhen leon panetta, thee c crrent didictctorf central intelligence, hehedd about the prprogm and ninixedd .. he went the nene d dayo congress anan memberers o the committee whwhathappened. ininindsht that generated thisis controversial letterroro netta to democrats on e intetellenenceommittee talking about the cia'a's o-callll or alleged ptern of isisading coress, demananngng a investstigioionow from at least one of those members thattasas signatory to that letter. norah? >> we have any ea, mme,e, what thihiop-kred clas

mcncnai obviously isis veve, vyy distraughtht by whaha ss takenplace.olice department t apaplas did vivisi michelle mcncnai at her residenceeatathisjuncture, we dodo not believe t tat s she is involveded, tt i neeeed t to sao at we have not rud anynyining ou >>cnairwawas perhaps most famomousoror leleining the f fa tennessee titansrive that came a yrd short for f foinin ovtime in the 2000 per bowl. > what' next for alasksks s governor sarah alalin she e itites"myamamy dd i termined after prayayfuful consideratatiothth s sacfifici my title helps alaska st. i'm now lkikingahead and how we can advavanc ts country together with our values of les government intervrvenonon, grer energyindependencece strtrgeger nationalalsecurity, a mumucheeeed fiscal restraint.t." i'i'm inin live fr a ancrage byby nbc newsws coespondent ane mitchell, hoho here on msc of her own sow at 1 1: p.m. wedays. earlrlgogoodorning to you, andrea. she e sahe's l loongng --- >> reporter: gooood rnrng to you,u, ax. >>'m glad to h havee you in t ts long distancnce coconection, a lilitt bit

yoyou wonder, is isis what th o rr eh other?? is this what, you kn,hhis has me to where youou' forcing your guy to write t the letter? ian, ensignn h beenn infalilized if that's a wowordb coburn and the family and his rerent you can sese h himike iemememr ththnununs making us write, i st sit t wnwnnd be quiet a hundred times after schohoolndnd he's being forced t to sit down ther and write infairly good peananip i might adddd in his own hanandwtiti this letter wi thesee p peoeeooooki over him andd lving nothingg chance. >> yeah. and there is t tnub of the gigi here tha when the snator finds his way intoththe sate, his colleagues a appudud because he made it thehe s sucssfully on hihiown. that's the utimate problem hehere margaret cararonon of bloomombe news and ""th wewee magazine a alwawa m many thanks.s. >> good ght, kth. >>>whwh rachel j joss y at the top of theouou she wilill go inside " street sign's circle of rigigio associates wiwi a reporterhohonfiltrated the group. al t the reporter s sobody who infiltrateteththearah pal

isis she cocompletely out of t me? you'rere watchin"hardball" only msnbc. don't blend in don't be so mayo we are ourwnwn unique one of a kind flavor we a are miracac whip and we e not to i it down >>> coming up,as police m m los geles bracece f huge owow at theetaples nter tomorrow f chchaejackson's memorial,iill califofoiaia taxpayers g gt stu picking up ththe tab? when "hardballll" rernrn ( whoo) you could buy 750 bottles of water... or just one brita ucet filter. - plinks ) - brita-- better water less waste. folks from all across the country. howdy! of all shapes and sizes. saving time by comparing our progressive directories to those of other top companies. and saving money with our discounts and customized policies. ah! thanks for dropping in! maybe it's time you visited progressive.com. if you like saving money, you'll fit right in. thank you, thank you very much. you're welcome uh-huh! very much. savings everyone can enjoy -- now, that's progressive. call or click today. >> we have agood, pootitive agenda foror alaska. tahe words o of general mcartht

ananconsumer prices ve been staying in check d durng isis more than -month rrecsion. a a liffeteee've en going through thisis. and spepeakgg of shoppppin ther arare lyly 166ays until christmas, i if u'u'rene of osose ople who k keerack of these things. sesearanand artstores, ough, hahave rolleded o their christm displaysysin a hopeto j jumststr the e lilida shopping seaeaso they are hopingg customers wiwi take advdvangege of layawayay p now and complple e thr purchahae by the holidada.. isn't ththatsomething? w a new look atat h t the economy isis eating awaway the profits of o one of america's biggeses c can cocompies. joining me live,eraibbons withth u u this momorng. goodod morning. thought i ngle handily k kep hersheysysaflloa b but apparent i'm not buyuyinnonoh chocolate. gmisis a an icon f the auto company, hshshs hire aotot of people. >>eersys isststil a recession prf f siness, but hshshs is trtrngng tstreamlineoperations, cut their costs. sohehere shuttttin d dwnwnhehei weweitite,hersheygifts.com and their catalog buusissss and dodg this towards t the end of f

gng to go, which waway isis maet needs to gogo. after what we hadhis spring asas far as the run-up.. so yououee seeining veryauautis trades, rangebound, as we saw daday,ith low volumeehere. the market today, the reel sales certainly y heeded somewhat. they weren't abysmal, they weren't great, b they do p poi the fact thaha consumers are price seititiv itit t thediscounters whodidi well.. and this earniniss seasoson the focus now is on raising the bar and looking for sosomeraractn as fafar t the top li. they know that companiesesan manage the bottom line w wit cot savingngs. take a look at cocoa. ststard off positive on a sitive note with that beat narrower t tn n excted loss. but its ututlo didn't really point to things imimprininall ththatuch and d dn'n't int to top line growththanand at's what folks are wantiting to ss.. meanwhwhil w wle alcoa was lower th the weaker dollar,, mmmmity plays overall werere doing prettyty well. e steel players wereoing pretty welltayay u.s. s stend others haveeaid ththathehe started to see inntntors

with l loongng at pipiogogras, divivi f fute stock icic, but the truth isis weonon do "off the chchts" every wkk just for the ratings. to figure o out where the -- it alall ouou u undstanding what te big money is thinknks, meaning atat'soingn in headsff the guys, because eyey control s s much money a do s smumuch trading. nowe're notmental it'ses, rtrticarly on nb soweweave to c com up withh proxies for wt they think. rsonally i like to lk at the fundndenenta. and thenen extrapolate on m my owowdge of the bi moneyey playbook, but t the'e'another waway l looat it. may note e le to seto ththr r heads, but we can see thr r foprints andnd fingerr pripts a all over ee marketetih technicianansthey're k kdd of le the csi now, tonigight w wvevea spspecllututhe vandross espipici of "o"o the charts." we'ree hooking atccormickck,tht world's largegest spice coany. lalyly i business has beenn a dodo butnstead of being in the boowow shachateau,s ststoc a sosoar, sugarnd spice,, rightetr than ghght. f ft mccccorckck's so h h we ilt a spied-amid to denstrate. ititayay n have any s sug o fundamentals

isis n theimimto ovoverululit, and how much will it cost? bellaureate paulrugman igig in. >>> then g guirr hero, green mountain coffee and other g gre american brands with t this in common. whwhatan you learn f fro their journeys. tatake look at how the stock market ended the weeeek. (announcer)) th is nine generations the world's most revereluxury sedan. this ia story of over 50,0 c cra-tested cars... and one of the mostt techchlogically advanced autobiles on the planet. this is ththh generation e-class. thisis is mercedes-benz. wits leing companies. together, we're helping to shape the exangingorld. nyse euronext. pong the exchanging wor. >>> well, in a week whwhen president obama has mad several historic visi abroad, attentntion is turning to twtw his front burner sues onhe domeststic front. heal care refoform and the stabilitity of the broadad onomy. paulul krurugman isobel p pze winnin columni and economistst for "ththe new yo times" and he joins usus right now. od to have youou on the progra. >> gd to be re. >> saw your op ed frida lki