john allison's book the financial crisis and the free-market cure was published early this year and in that book allison emphasizes how interfering, market distorting government policies laid the groundwork for the crisis and have been making things worse since then. peter wallace and published his book on the recession and the crisis but the title bad history, worse policy, this is a collection of essays, many essays that peter wrote the demonstrates peter before, during as well as after the recession has been riding and fighting the official narrative. wouldn't that have been great if there was someone in 1930 writing about and taking the official narrative being spun at that time and peter is working on his second book on the subject and the year to see that when it comes out and there are others and there will be others if we believe as i do that eventually the truth comes out. demonstrating the true story will come out in the effort is growing in strength and is ever more appealing. one thing i like about the book is is readable, a book you can take to the beach and enjoy rather t

security council has called for a thorough and prompt investigation the deputy secretary general john allison was also on hand at the closed door security council consultations he said that there is no confirmation of the use of chemical weapons and he says that this needs to be underlined meanwhile britain's foreign minister william hague said that the alleged attacks should be an eye opener for all those who support assad his comments leave no options open to the fact that an opposition or terrorist group could be responsible for the alleged use of chemical weapons now may be no coincidence the syrian opposition is making these allegations latest allegations against the syrian government just a few days after a team of u.n. inspectors arrived in damascus to examine previous suspected cases of chemical weapon use in the war torn country meanwhile officials from the russian foreign ministry say that reports by quote biased regional media unquote about the alleged chemical weapon use near damascus might be a provocation planned in advance russian foreign ministry saving its sources said that a

ashley: we'll hear from small business owner john allison, why he believes regulations like obamacaree for the weak jobs picture. lori: what will the hiring slump mean for the fed's tapering plans. a view from the floor straight ahead. ♪ lori: all right. it has been 15 minutes since our last market check. let's update you with a trip to the floor of the new york stock exchange to chick in with nicole. what have you got your eyes on, nicole? >> i was looking at your chart right behind you there, lori and ashley, as we see major market averages creeping closer to the unchanged line on the dow jones industrials. the nasdaq moved into the green. that is up five points. s&p down fractionally much like the dow jones industrials but clocking in a winning week. linkedin, new high for the stock. more members. robust membership growth as we noted. they're doing well with their apps and mobile app has become very popular couple pilled with the website which is highly track. membership rose to 238 million. they continue to grow year-over-year and shine. what is interesting with this internet-rela

and that could translate to higher gas prices for consumers, john, who are already watching their pennies. >> all right affecting us here, allison kosik. >> the obama administration sounding more hawk-like by the day. it's not waiting for inspectors to conclude whether syria killed 1,300 people last week with chemical weapon. as joe biden said just moments ago, minds are already made up. >> chemical weapons have been used. everyone acknowledges their use. there is no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. >> white house press secretary jay carney says that the president is still deciding what form the action will take. chuck hagel says a strike could happen immediately. >> but you are ready to go like that? >> we're ready to go like that. >> america's allies circling the wagons as well. british prime minister david cameron recalling parliament to discuss action. we want to talk about this with retired u.s. army major general and cnn analyst james "spider "marks and jeremy bash, the chief of staff for leon panetta and worked at the cia as well. chuck hagel said the su.s. is

allison lundgren-grimes could top $1 million. >>> edward snowden calls himself a whistleblower. and president obama says he is not a patriot. senator john mccain has an interesting view on the former nsa contractor. >> there's a generation that believes he's some kind of jason bourne. >>> and look at this. first lady michelle obama tweeted this selfie with beau. it's to create the world's largest animal photo album. >>> and president obama might want to keep his day job. while golfing, check this out. the president lands the ball about 15 feet from the hole. second shot. good try. still not enough. another shot. nope. just shy of the hole. and then, finally, the fourth shot, mr. president, it goes in. just a tap. that's going to do it. i know, right? that's your morning dish of "scrambled politic." >>> authorities are searching for a woman that was rushed away during a massive mudslide. the mud poured down highways and residential streets. one person killed. about 40 cars were swept up in the river of mud. unbelievable. >>> now, for a look at the weather. here's dylan dreyer. and the pictures are unreal. >> it's unreal. that's the area

allison. >> wait, wait, wait. what makes you think i am associating with these two? >> tucker, there is a recommendation, old school jams. remember those? >> i probably have some of those. >> op shorts. >> johnbottom line, come, party starts at 7:00 on the roof time. have a good time. >> great. thanks, guys. [laughter]. >> i have a pair of the op's. look at the weather real quick. we have cold front on the way, beautiful outdoors. temperatures falling and humidity falling later this afternoon, 68, leonardtown, quantico, 62, 68 in fredrick and hagerstown. cold front in maryland at t moment. you can see showers and storms pressing east. we maybe -- we'll start to clear out that is when the core. forecast only gets better after early morning hours. future cast giving us activity. then gradual clearing trend but 7:00, 8:00, just in time for sunset, should be noticely less humid. saturday, sunday, great, low to mid 80s. keep sunny into early next week and temperature into the 80s. it will warm up. that is a look at weather. >> steve hershorn with the late latest, hey, steve. >> so far both sides of the beltway, little more company, not enough to slow you down. that is good. pretty good friday so

. >> john, stay with us, if you works our focus is to look at out-of-state markets. let's bring in allison armstrong who is a cnbc contributor. talk to us about what's happening in the oil markets in response to secretary of state's speech. it seemed at one stage the equity markets were more responsive to what he was saying than perhaps oil and gold. would you agree with it? >> i was sitting here listening to the speech and watching the ticker board and as the secretary was being more and more forceful we saw the brent crude market trade up into positive territory, but it's now moved back to down about 70 cents, so, you know, the market was closely watching the words. when he started to speak about the will of the united states and the imperative that we do something about this, that was when the market moved up the most sharply. i think in the overall mag toured of his speech on the markets we're about where we were before he started to speak, but i think that we're -- given the forcefulness and the clear sort of vision that he laid out and the fact that we're going into a long weekend he

john everybody. first we want to talk to tucker barnes. this is that time when he has the cuteness factor of the day. >> allison i had the simon thing.et's go to your weather forecast. that is the best picture. so cute. >> she turns six months old tomorr tomorrow. >> this was her first bathing suit from the fourth of july. >> what a cutie pie. >> red, white, and blue. love it. >> look at the smile on her fac face. >> proud papa. >> making lots of noises. love the pictures. >> that smile, who could be mad. >> myfoxdc.com. we have shower activity. this is our cold front. good news. potentially showers, morning hours cloud filled and potential for showers and thunderstorms. by mid to late afternoon, we should have clearing. temperatures, warm and humid, 76 reagan national, 68 pittsburgh, we'll be in the 60 overnight. 50s tomorrow morning, fantastic weekend, temperatures dropping off into the 50s and 60s for the next couple of mornings. accuweather seven day, saturday and sunday look fantastic, upper 50s and low 60s. that is the weather forecast, let's do traffic, steve hershorn has your roads. fairly quiet, right steve? >> it really has

allison comes i comes sick. >> this is a bird's eye view into how the earnings reports of big companies. walmart and cisco. they reflect how the economy is affecting them. cisco systems, its ceo john an earnings report saying the economy is in tough shape and you're seeing investors take notice. cisco shares selloff 7% lower. dow down 216 points. investors notice this because how cisco does usually mirrors how these global economic trends. the company also announced that it's laying off 4,000 people because of the economic uncertainty. also shooking tpooking the mark walmart cutting its earnings and sales outlook for the rest of the year because of the challenging economy. so you roll it all together, it doesn't paint a good picture and you see investors running for the exits. >> so here is hoping for a better day tomorrow. alison kosik. more top stories for you after a break. ♪ norfolk southern what's your function? ♪ ♪ hooking up the country helping business run ♪ ♪ trains! they haul everything, safely and on time. ♪ tracks! they connect the factories built along the lines. and that means jobs, lots of people, making lots and lots of things. let's get your business rolling now,