i also work for jefferies natural pet food and by work at both locations. i come from a background of retail where have worked for big box stores. i have worked for both home depot and petsmart. one of the things that stood out in my memory is that at monthly store meetings, where we would hook up across the nation with other stores, one of the ways we closed each meeting was counting down how many mom-and- pop stores we close down each month. that has always stood out in my mind. while i have been living in san francisco and i took a job with jefferies, the one thing that was tantamount to my mind is that we were part of the community and we know most of our customers by name. we know their animals and we know their needs and we know each other. we are part of each other's community. that's something i would hate to see us lose by allowing the big boxes to command. thank you. >> good afternoon, supervisors. i am the owner of a natural pet food store in two locations and about to open a huge manufacturing facility in san francisco and i would like to encour

well i do but first of all i applaud jeffery first being very honest on this and defining the debate if you want to decrease violence or the powers the cartel you have to legalize everything and i don't think that's the debate that's going to win in america or across the globe when you look at our historical experience experience though in alaska alaska decriminalized marijuana in the seventy's they re click criminalized in the ninety's by a vote of the people because drug usage went up marijuana use usage went up and there was a concern for parents with their teens and so that is a historical experience that you know decriminalization did not work and it's a it's so i think that when you look at the cost of prohibition it's another dangerous product you want to put cocaine heroin increased methamphetamine use ecstasy use all out in the marketplace i don't think that's the solution for america jeffrey what about you know prevention because it seems like so much money is put into you know fighting this with using the military and we see what the mexicans are doing here i mean if we ju

dan. >> jeffery kofman reporting, thank you. let's go straight to abc's david kerley who is on martha's vineyard where president obama is vacationing. david, good morning. i know the president is getting regular updates. do they think gadhafi is on his way out? >> reporter: they won't say one way or the other. in fact the president should be briefed in the next coup of hours on the latest developments. what they will say, they're monitoring the situation very closely. they won't even confirm to us exactly what the u.s. role is with nato and what is happening with the push towards tripoli. what they do say, it does appear gadhafi appears to be getting more and more isolated but no indications he's preparing to leave or has left so far, dan. >> gadfi is holding the radio broadcasts where he says nothing is happening, everything is secure. that's the usual chain of events for him. let me ask you, if he leaves, is the white house confident that these rebels c c govern this country? >> reporter: you know, good news, bad news when you

but jefferies says the stock's multiple is just too low to ignore, and boosted h.p. to a "buy". also helping h.p., the company cut the price on its touchpad tablet computer by 100-dollars yesterday, so it can better compete with apple's i-pad. another rough day for financials. all of the big names were down. morgan stanley hit the hardest, off over 7%. jp morgan down 2% wells fargo, citi and bank of america also seeing selling. but given all the carnage in financials this week, you might be surprised to see bank of america was not the weakest over the past five sessions. that honor goes to morgan stanley, down 15% on the week. bank of america off 12% this week. earlier we mentioned the modest gain in july retail sales. some mixed earnings in that sector today. nordstrom rose almost 5%high end shoppers still buying. the upscale retailers latest results beat the street, and nordstrom boosted its outlook. but more traditional department stores are struggling. dillards and j.c. penney were both down after reporting decent earnings, but had cautious outlooks on concerns about nervous

another benefit of the non russian republic i wanted to ask away and form their own nation state jeffery what do you think about that maybe minus the baltic republics is what was there any possibility that the union could have stayed together under any circumstances. well i think what drove the union apart was the very determination and radical nature of gorbachev's reforms if he had not undertaken those reforms of soviet union would've it seems to me survive possibly for a long time even including the baltic republics after gorbachev started one can imagine a union treaty which would have created a more decentralized union probably as you say without the baltic republics. but without the back burn which it had in the communist party of the soviet union it would have been a very unstable place so i think probably not in the long run archie what do you think about that in one communist soviet union could it come into existence again could it be viable. i think it could have been viable without a number of republics certainly without the baltic states but something closer to the european u

that they will be completely against this without looking into new ideas more nuanced ideas with jefferies being bringing up and look at some of the exposed experiments and policies that say in europe that they've tried that some people would say are success. well the politicians and i've been a format i know congress they do reflect the the public will and so the public is not in a mood to change the current illegal status they don't want to move toward decriminalization politicians are open to greater different ideas for example the push toward drug treatment courts alternatives to incarceration that is not decriminalization bad is alternatives to incarceration and recognizing that there's addiction problems whenever you look at the problems of violence and mexico it's a concern to everyone we want to be able to support the reduction of a at they the importance of the rule of law colombia has been a success through strong leadership they've reduced the power of the cartels the. terrorist organizations that fueled the drug trafficking there and so there are signs of success we need to bui

cat i wish to read you jeffrey so let jeffrey speak and then we'll go back out to daniel go ahead jeffery. the i.m.f. cannot dictate to the u.s. you go look at the back and look at what they are and have said about housing prices five six years ago if it doesn't matter if that's not going to have any effect. there are having a fight in europe now it of course which is a brand new thing or new for the last thirty years but let's talk about the last thirty years among the top in countries it is a miracle in history that asians and some other developing countries have gone from poverty to wealth in the last thirty years and i think that's part of a world trade system like i said free trade multilateral institutions of which the i.m.f. is a part it's completely a loser it's almost comical to say let's look at some country that the i.m.f. was heavily involved in ok not the u.s. because they're not heavily involved some country where they are exercising influence and look for a miracle of growth now m.f. is like a doctor of course you see doctors around sick patients you can't make a correlatio

. >> you can see the scene there with jeffery. a lot of chaos, a lot of fighting this morning. this was the scene this morning as a bbc reporter approached the capital coming under heavy fire this morning. >> reporter: up ahead there are still signs of fighting, but then we ran straight into annage bush. we saw a 20 millimeter anti-aircraft cannon firing directly in front of us. it's clear that despite the overnight celebrations, this is still a city that is far from safe or secure. >> and joining us now live from the bbc is math true price. he's in that hotel george alluded to earlier where journalists are holed up. what are you hearing and seeing right now? >> behind me there has b bn a very big battle going on, robin, this morning, loud explosion, heavy machine gunfire, heavy weapons being used. smoke has been on the horizon. we understand that colonel gadhafi's compound has been under attack and that tanks have pushed them back. we're told that the rebels have taken many casualties. >> no doubt that he's losing his grip there in the capital? >> reporter: it's very difficult

democrat and served there for 16 years, ran for the united states senate in 2006 when senator jim jefferies as many of you know a very courageous person, chose not to run for re-election. he retired. we ran against the wealthiest guys in the state. up until that point the most anyone had ever spent in an election in the state of vermont was 2.5 million. he spent $7 million. we had to raise 5 million but we ended up winning by a very strong vote in 2012. so that is my political history. let you now take you to why you are here tonight and talk a little bit about the book. and i will read you from the introduction. on friday december 10, 2010 i woke up at my usual time at my usual breakfast of oatmeal and coffee at the dirksen senate building and then had a typical daily discussion with some of my staff. at 10:30 a.m. i walked onto the floor of the senate and began a speech. it turned out to be a very long speech, and modern urchin of the filibuster. at one on for a nap hours until 7:00 p.m.. there were several reasons why went to the floor for that speech. first i had promised to do everythi

democrat and served there for 16 years, ran for the united states senate in 2006 when senator jim jefferies as many of you know a very courageous person, chose not to run for re-election. he retired. we ran against the wealthiest guys in the state. up until that point the most anyone had ever spent in an election in the state of vermont was 2.5 million. he spent $7 million. we had to raise 5 million but we ended up winning by a very strong vote in 2012. so that is my political history. let you now take you to why you are here tonight and talk a little bit about the book. and i will read you from the introduction. on friday december 10, 2010 i woke up at my usual time at my usual breakfast of oatmeal and coffee at the dirksen senate building and then had a typical daily discussion with some of my staff. at 10:30 a.m. i walked onto the floor of the senate and began a speech. it turned out to be a very long speech, and modern urchin of the filibuster. at one on for a nap hours until 7:00 p.m.. there were several reasons why went to the floor for that speech. first i had promised to do everythi

democrat and served there for 16 years, ran for the united states senate in 2006 when senator jim jefferies as many of you know a very courageous person, chose not to run for re-election. he retired. we ran against the wealthiest guys in the state. up until that point the most anyone had ever spent in an election in the state of vermont was 2.5 million. he spent $7 million. we had to raise 5 million but we ended up winning by a very strong vote in 2012. so that is my political history. let you now take you to why you are here tonight and talk a little bit about the book. and i will read you from the introduction. on friday december 10, 2010 i woke up at my usual time at my usual breakfast of oatmeal and coffee at the dirksen senate building and then had a typical daily discussion with some of my staff. at 10:30 a.m. i walked onto the floor of the senate and began a speech. it turned out to be a very long speech, and modern urchin of the filibuster. at one on for a nap hours until 7:00 p.m.. there were several reasons why went to the floor for that speech. first i had promised to do everythi