welcoming section of sausal creek frequented by family, joggers and wildlife, exactly what kathy kramer envisioned when she started the friends of sausal creek watershed program 17 years ago. >> my mom and i planted these. >> reporter: for 25 years, cathy has worked to protect the watersheds in northern california developing award winning education programs like kids and creeks and community projects like the one that transformed sausal creek. hillsides of ivy were replaced with native plants that attracted insects and wildlife. paths were opened up and parts of the creekbed restored. friends of the sausal creek credits kathy with planting seeds of change. >> we have 10,000 volunteers. -- we now have over 3,000 volunteers a year, 10,000 volunteer hours. >> they have a huge impact on creeks in the bay and water quality. >> reporter: the latest project is to show native plants aren't just for public spaces, they are important for your own backyard. >> this is a monkey flower and it attracts native bees. >> reporter: like the story of the sausal creek, behind the home is a beautiful exampl

the arts and the literary and publishing world the entertainment industry and the left agenda and kramer went on rigid in the idea that it is in tolerably repressive than the source of evil in the world and the idea according to kramer that currently prevailed at almost level. this pitcher seems wildly inaccurate with the use of the vocabulary is a measure how thorough the conservatives have a chance for the ashes of anti-communism against those they think of the enemy of american culture. as the conservatives were the same people who decry the loss of civility and generally speaking american liberalism are siblings american conservatism with the philosophical sense his conservative but the breach is why today this is that as time and it is possible to say the differences among parties or intellectuals of fine-tuning and the first principle with the highest levels of government and around the family breakfast table it is a good time for intellectuals. [applause] if. >> web like to do to be more anecdotal to have an odd life experience whereby title i am an academic but i don't work full-

doug kramer says his medical weed has the same therapeutic affect on ailing animals as it does on people alleviating chronic pain and stimulating appetite. he has given it to his cancer-stricken husky to prove it works. got the dog high. kramer described the affect on his pooch saying the first dosage she was around and increasing the quality of life. peta is cool with it albeit with one cough vee jot. cough vee yacht. people blowing smoke in a dog's face to get him high or the cat drunk. that is something one has to guard against. let's look at our first test patient, shall we? >> this is a problem. this is the problem. >> that's a solution. >> we have been talking about spy cats. high dogs, moynihan. how can you talk down a paranoid dog? a dog with a bad trip you can't help. >> what a segment this is. >> you have lost america. >> i thought this was great. first this was done by a fine journalistic organization. >> and mother jones. i don't know what that means. >> get to your response. >> i will say i heard peta in the news twice this weekend. one was about chris christie killing a spi

then you dump them off onto kramer... i know. who proceeds to burn the man's cabin down with one of those very same cigars. it's very comical. let's not start writing today.

>> caller: jim kramer, how are you? >> real good, pete, how about you?caller: i want to speak about hertz. >> i like hertz and avis. they are both trying harder. darryl if california. >> caller: yes, thank you for taking my call, darryl in catch, a big boo-yah to ya. >> boo-yah back. >> caller: i want to know your thoughts on whittium petroleum. >> i do like erg more than whiting. let's go to brian in new york. brian! >> caller: hey, jim, a big let's go rangers boo-yah. >> what's going on? >>. >> caller: all right, the possibility of rising interest rates, should i own plain all american paa? >> yeah. you know what, you will not get anywhere near the plain, obviously that stuck has had a good run, i like it. let's go to john if california. john! >> caller: from the cramer fan club out here in sacramento, pennsylvania. >> you know where i used to park my car. that was my house at the time. >> caller: we've noticed the cramer cavemen and found out that dole has sold their ships, their packageing delaware we're jumping on dole thinking they will be a takeov

doug kramer, a vet guru, says he believes animals can benefit from the active ingredient h.t.c. marijuana just the same way that humans do. he says his own dog benefited from the use of medical marijuana. >> stephen: there was a vet who had a dog and bong-o was his name-o. so, a wag of my finger at stoner dogs. jokes,... folks, we can't let our dogs ride the mary jane train. or else in no time they'll be sleeping all day, eating whatever they find, humping anything that moves... oh, my god, it's too late. that explains why dogs always freak out when someone comes to the door. they're paranoid it's the cops. (dog barking) wait. what's that? (dog barking) lassie, what happened, girl? (dog barking) timmy's fallen down a we will? but you can't save him because you're baked out of your gourd and your friend skinny lou is coming over to watch adult swim? bad girl. we'll be right back. pulitzer-prize winning historian who is about to receive the j. anthony lucas prize for nonfiction at columbia university. congratulations for that. ( cheers and applause ). >> thanks. stephen: i've got

exactly what kathy kramer envisioned when she started the watershed awareness program 17 years ago. >> my mom and i planted these. >> for 25 years, kathy has worked to protect the watersheds in northern california, developing award winning education programs like kids and creeks, and community projects like the one that transformed fossil creek. hillsides of ivy were ripped out and replaced with native plants that attract more insects and wildlife. paths were opened up and parts of the creekbed restored. director kim mcafee credits kathy with planting the seeds of change. >> we now have over 3000 volunteers a year. 10,000 volunteer hours. >> they have a huge impact on creeks and the bay and water quality. >> kathy's latest project is to show that native plants aren't just for public spaces, that they are important for your own backyard. >> this is a monkey flower and it attracts native bees. >> behind kathy's home is a beautiful example of what native plants can do. >> this is one of my favorites. it's a silk plant. before we had our native plant garden we didn't see any wildlife in t

all right, thanks for the ride, kramer. no. thank you. so what are you doing? nothin'. come on. let's go to the beach. what are you, crazy? come on. it's a beautiful day. have a good time. he air today. you feel it? there's something in the air. oh! i forgot to call jill. jill! hi! it's elaine. how is your father? is everything ok? what? ugh. i can't hear you so good. there's a lot of static. what-- i'm gonna call you back. jill's father is in the hospital,

kramer: oh, boy. look at this guy. he's trying to box me out. captioning made possible by columbia tristar domestic television i'll tell you when you can go. wait, wait, wait, wait--now, now, now. no, no, no. go, go! no, no. wait--now, now! now! jerry! go--ahh... [honking horn] oh, calm down, maroon golf.

kramer! how long you staying? we just came to town for a funeral. oh, yeah, yeah, i heard. marvin kessler. boy, that makes you think. if he could go...

come on, kramer. get out of there. no, no, no. you go ahead. i'm not finished taking this in. ohh., look. merv griffin's cigar. ohh. captioning made possible by columbia tristar domestic television

exactly what kathy kramer envisioned when she started the friends of the creek watershed program 17 years years, cathy has worked to protect the watersheds in northern california developing award winning education programs like kids and creeks and community projects like the one that transformed sasal creek. hillsides of ivy were created. paths were opened up and parts of the creekbed restored. friends of the creek credits kathy with planting seeds of change. >> we have 10,000 volunteers. >> they have a huge impact on creeks in the bay and water quality. >> reporter: the latest project is to show native plants aren't just for public spaces, they are important for your own backyard. >> this is a monkey flower and it tracts bees. >> reporter: like story of survivalle creek, behind the home is a beautiful example of what native plants can do. >> this is one of my favorites. it's a soap plant. before we had our native plant garden, we really didn't see any wildlife in the garden but now that we have transformed it, we have seen 20 species of birds, butterflies. >> reporter: she started the br

kramer says the 7-year-old is recovering faster than expected. the goal now?get him to lose another five pounds so he would be the perfect weight for a standard dachsund of 30 pounds. finally he can see and lick his own paws. he's become what he is, a wiener dog and not a stuffed sauce j. jeanne moss, cnn, new york. >> wow. ready for swimsuit season. >> really cute. >> killed him with kindness. that's too bad but good thing he found a new owner and good thing you're watching us. hopefully you can see us. some people in alexandria can't. it'sits wusa9 -- it's wusa9. we'll start with the weather first. you can't beat yesterday. >> we're going to try the next few days. if we can't beat it, let's just join it. when they say you can't beat them, join them. we have great weather coming up through the weekend. next week, things will break down and we'll get some more rain in here. we do need the rain but we're going to love this while we've got it. here's a look at the forecast because today another beautiful day out there. sunshine, gorgeous temps, upper 60s to low

>> you games put the top in you put kramer in the car -- >> i didn't test drive the car, by the way,t -- on the record. >> this is not a stoptop. >> i love the story. >> this is not a top. just because musk has been out in front of the story, the way he has this is a guy that just pushed $100 million of his own money into this stock at $91. so, here is the stock in the high 90s. he owns 23% of the shares outstanding. >> you still have a third of it short. just wake me up before he's on the cover of "time" magazine. >> he's changing the way society looks at electric vehicles. they weren't cool before. you had the priuses running around. no one wanted to be driving one. now people want to be in these vehicles. he's changing the whole perception. >> quickly, a couple of things. the reason why mel didn't drive it, she didn't have a valid license. >> that's not true! not true. >> i don't think this is a short yet. might go lower, but i think you're flipping a coin right now you at best. >> i do have a valid license. fyi. >> show us. >> coming up next the movers and shakers of the week and

from kramer on one of the morning shows, where you said, this thing is being penalized because every other large cap tech stock, one of the biggest catalyst is their buy-back, their dividend or the potential to distribute cash. fundme fund meamentals aren't great, b these games are put in the penalty box. there's no new buyer in a lot of ways. so, to me, the analysts got opportunistic and they jumped in. when you look at the charts, it shows you, it was almost in crash territory, from the may highs, down 20% before the upgrades just the other day. 20% from may 2nd. it got a little overdone. 24 area is a very interesting level that it has to hold and i think if you want to look out to the next identifiable catalyst, it's q-2 earnings in late july. >> it is interesting to me it is only at the very end of your bull case on facebook that you mention a catalyst being earnings. >> right. >> and the whole other time, you talked absentmeout sentiment. is that enough? >> not for me. probably the biggest reason i don't like facebook is because you have a better alternative in google. the compa

hilary kramer, the president and ceo. great to see you. let's show some of these good numbers.exciting to be able to say there's something good going on in retirement plan. the average retirement is up 75% since 2009. the average account balance if you're over 55 years old is $255,000, of course, this is who fidelity is serving. these clients. this is good news, right? >> excellent news. every day, each individual investor who has a retirement account has gained financially. we really did come out of the 2008 and 2009 financial crisis and we came back. we have been stronger than ever and that all-time high. gerri: i know people out there. i have seen e-mails and i hear what you are saying. people are worried about a lot of things. they don't want to lose their money, they went through bad times. what should they do not. >> definitely sell anywhere from 10 to 30% of the equity in your fun. the reason is you have the flexibility and the beauty of these 401ks or you can move it into cash money market account. anyways for the market to come back down. be very careful to choose the

amy kramer thanks for being here. >> thanks for having me. >> megyn: unbelievable story.ill continue to watch the eric holder hearing to see if and when he comments on that and jay carney to see if he comments further on the irs and what it has done. we also got breaking news on benghazi in the last half hour as the white house was pressed to release all of those emails on the changes to the talking points. they released one that they thought was helpful to them to one news organization. what about the rest? let's see them. if there is nothing to hide. let's see them. steve hayes has seen excerpts of some. he's next. [ ice freezing ] [ wind howling ] [ engine revving ] ♪ [ electricity crackling ] [ engine revving ] [ electricity crackling ] ♪ >> release the emails. >> i didn't mean to. i forgot to comment to go into the second part. >> benign and a part of the agency process as you have described let the country take a look at it. >> in our cooperation with the investigations and oversight by congress in this we have provided an extraordinary amount of information, thousa

in fact, we could track down kramer. i got a big meeting. people are interested in my treatment.ing. she was. a two-day trip. what are you, diana ross? ladies and gentlemen, i implore you. don't look. don't look. it's fred savage. did i frighten you? i may look weird, but i'm just like you. i'm just trying to make it in this business. no witnesses? just the trees, johnny. just the trees. could you not tuck the blankets in? i can't sleep all tucked in.

kramer? >> boo-yah? >> thank you for keeping my head screwed on most of the time.imes want it to get unscrewed. >> no, keep it on. it's better that way. what's up? >> my stock is heckman now that they're changing their name. >> we just got the baker hues recount today and for the first time it is when i can remember the recount is higher which means --? buy, buy, buy, it will make a comeback. i do not want to sell hessman. i know people are sick of it. >> let's go to bruce in arizona. [ inaudible ] >> they raised their dividends. >> what was the stock? i'm sorry. >> potash. >> potash is okay. i mean, you know, it's an inexpensive stock. that's not enough anymore. you really have to have something going. that just doesn't cut it for me, and that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade. >> it's underperformed its peers >> i need to go to donna in texas. >> hi, cramer. thank you for taking my call. a few months back, you had the ceo of ma lineal media on. i liked everything so much, i bought

don't miss kramer's take. coming up next, mapping out the future.ck, right after this. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension

stay with kramer. >>> 200 point stock correction, just some profit taking?man did see the white house and student loans drive up tuition. kudlow next up. can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage, . >>> all right. there is a lot of talk there was a gigantic rebalancing at the end of the day. all well and good, i got to tell you we are morphocussed good news is driving the market down and we are not getting enough bad news to stabilize him we had two good numbers today. be careful. this is a different kind of market. i'm jim cramer. i'll see you monday! >>> the big story tonight, a strong sell-off to end the day, the week and the month on wall street. the dow fell 209 points, don't forget the month of may was still positive making six monthly gains in a row. today looked like late session profit-taking and maybe some rebalancing. >>> the other big story, new trouble, new questions tonight for team obama on the irs scandal. it turns out, former irs chief doug schulman did meet with political operatives like s

tonight kramer is releasing his mvps. ♪ bonjour ♪ je t'adore ♪ c'est aujourd'hui ♪ ♪ et toujours ♪ me about me? [ male announcer ] here's to a life less routine. ♪ and it's un, deux, trois, quatre ♪ ♪ give me some more of that [ male announcer ] the more connected, athletic, seductive lexus rx. ♪ je t'adore, je t'adore, je t'adore ♪ ♪ ♪ s'il vous plait [ male announcer ] this is the pursuit of perfection. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> we talked about froth, we talked about things going crazy. what stocks can you really count on in a in fact that despite my protestations many consider to be too bubbly. you can't feel at these levels for feeling like a total chump for paying up which is what will happen if it starts going down more than it did today. on down days like toda

kramer? >> boo-yah? >> thank you for keeping my head screwed on most of the time.ant it to get unscrewed. >> no, keep it on. it's better that way. what's up? >> my stock is heckman now that they're changing their name. >> we just got the baker hues recount today and for the first time it is when i can remember the recount is higher which means --? buy, buy, buy, it will make a comeback. i do not want to sell hessman. i know people are sick of it. >> let's go to bruce in arizona. [ inaudible ] >> they raised their dividends. >> what was the stock? i'm sorry. >> potash. >> potash is okay. i mean, you know, it's an inexpensive stock. that's not enough anymore. you really have to have something going. that just doesn't cut it for me, and that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade. >> it's underperformed its peers and kla 10corp by 20% and falling behind the semiconductor index also known as the socks. >> led-based lights have become increasingly popular. they actually look like an old-fashi

have a question, tweet kramer, hashtag ahmadtweets. send him an e-mail on "mad money"@cnbc.com of give us a call. 1-800-743-cnbc. . >>> here's my take. profits are the mother's milk of stock. you got to grow the pie larger for everybody. free market capitalism is the best path to prosperity. this is "the kudlow report." hey, so uh... what's going on here? do you want the long or short answer? long i guess. chevy is having a big -- huge, in fact -- event. the-great-deals-on-our-most- fuel-efficient-line-up-ever- for-just-a-very-short-time-so- you-better-hurry-extravaganza! so what's the short answer? awesome. [ male announcer ] the chevy memorial day sale. now, get $500 memorial day cash for a total cash allowance of $2,500 on a 2013 chevy malibu. hurry. offer ends june 3rd! lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 i'm on expert on softball. and tea parties. i'll have more awkward conversations than i'm equip

. >>> jim kramer, you're one of my heroes. >> i look forward to your show every weeknight. >> thank young investors like me. >> when you talk about the market, i just believe you're spot on. >> oh, i love it. thank you so much. every night we watch you. i have learned and earned. ♪ [ male announcer ] the first look is only the beginning. ♪ ♪ this is a stunning work of technology. ♪ this is the 2013 lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> listen. to matter how many times i say it, people don't seem to getpha not near-term earnings. it's not about the next quarter even. it's about the pipeline. multiyear. what's in the works? what could be a blockbuster? we saw that play out in today's trading. merck reports a quarter, people decide merck's has it. merck has 35 drugs in the pipe. many can be additive to earnings in what's known as the out years. that's why merck committed to buying $15 billion of its stock now because management knows the company has some huge drugs that will be terrific in the future. why not try buying back $15 billion in stock or 1

. >> i'm toure, mark sanford, stephen colbert, kozmo kramer. we have it all including jimmy williams. >> you may know him as ross the intern from "the tonight show." he is here to teach us what it really means to be a guy so crawl out of your man cave. it's time for "the cycle." >> we begin with incredible story everybody is talking about today. three women found alive after being missing for anywhere from nine to 14 years. police say amanda berry, gina dejesus and michele knight had been held inside a cleveland home against their will all that time. they were between the ages of 14 and 20 when they vanished in three separate incidents in the same general area. one of the women, amanda bettery, seen here on the right, reunited with her sister is being credited with engineering 53. the door wouldn't open, the samaritan helped her kick it down and berry played this frantic 911 call. >> help me, i'm amanda berry. >> do you need police, fire or ambulance. >> i need police. >> okay. what's going on there? >> i've been kidnapped and i've been missing

. >> i'm toure, mark sanford, stephen colbert, kozmo kramer.mmy williams. >> you may know him as ross the intern from "the tonight show." he is here to teach us what it really means to be a guy so crawl out of your man cave. it's time for "the cycle." >> we begin with incredible

in "big -- being poppy," kramer profiles george w. bush. george h.w. bush. andre lankov in "the real north korea: life and politics in the failed stalinist utopia." in "keep it pithy," bill o'reilly. margaret coyle, chief washington correspondent for the national law journal examines the supreme court under chief justice john roberts now in its seventh year in "the roberts court." look for these titles in bookstores this coming week and watch for the authors in the near future on booktv. booktv.org. >> you're watching c-span2, with politics and public affairs. weekdays featuring live coverage of the u.s. senate. on weeknights watch key public policy events and every weekend the latest in nonfiction authors and books on booktv. you can see past programs and get our schedules at our web site, and you can join in the conversation on social media sites. >> now on booktv, we sat down with eric deggans to discuss his book, "race baiter: how the media wields dangerous words to divide a nation." this is about half an hour. >> host: joining us now from ouh seert here

kevin kramer from north dakota insists in school shootings directly connected to the legalization ofof her anti-bullying bill. it bans enumerated lists of people that need protection such as gay and transgender students. kansas state board of education member steve roberts stood his ground tuesday defending his use of the n word during last month's meeting 10%. he said i did my best to stay the n word clinically. >> was he wearing a white lab coat at the time. >> stephanie: how do you say that word clinically. >> clinically. >> stephanie: he was doing it in an instructional way. in that clinical way a white person can do it and somehow not be offensive. >> right. >> stephanie: and michele bachmann, we can't forget bat [ censor bleep ] from minnesota. it is very important to ask and now it is reasonable to ask could there be political implications on access to health care based on the -- >> you dumb twit. >> it's not an entitlement program. you are still covered by private insurance. oh, god -- oh my god. my heart hurts. >> stephanie: okay. kc in washington. hi, kc. >> caller: hey, st

michael kramer, ceo of, $4 million cash, $20 million in stock. $8 million in cash, $12 million in stock. these guys were from the most expensive retailing outlet in the country. target, apple, the most impressive background. ashley: how can they get it wrong? >> it is shocking. jcpenney leaving everyday low pricing. they are back to discounting. we have some of the coupons out there tonight for our show, but you may want to see the video of their salary commercial right here, take a look at this. you know it is bad we have to say sorry in a commercial. but they will go back and today reporting prices are up something like 65% in the wake of this. they are turning their strategy on its head, prices are through the roof, but customers will be more happy because they are getting the coupons. ashley: a psychological thing, isn't it? >> at the end of the day you have to do what your customers tell you. speakers will be the greatest study for graduate students ever if it all comes down to the coupons. if that is the case, what inexpensive screwup. spea

the great book kramer and another boat titled in defense of my peep of came out in 1940 and what it is is a collection of affidavit by uniformed latino soldiers fighting in world war ii and affidavits have to do with the fact they're not allowed to go into cafÉs, restaurants, hotels and so far it and that's an amazing collection of affidavits. >> those two titles on our time. >> north of mexico and the intents of my people. >> is very nicely done. >> last word. >> my hope is that the climate of fear created in arizona and terrible repressive legislation have taught america to never do this again and at least immigration reform. my greatest fears that will not happen. >> to show your love and your appreciation for every member of the panel today at the lands and their courage and their character. i know you can do a little better than not. [cheers and applause] what a wonderful conversation. the man also think c-span for covering mass. [cheers and applause] and i want to thank you for coming out to be a part of this conversation. this is one of two conversations beyond the numbers. the

i'm carl quintanilla with jim kramer and david faber at the new york stock exchange.ta out of europe not so hot either, and germany retail sales are amiss and a record 12.2% and the nikkei did manage to close higher after thursday's 5% sell-off. our road map begins with the market. whos to sell in may and go away.

i'm carl quintanilla, jim kramer and david faber.me

i'm carl quintanilla with jim kramer and david faber at the new york stock exchange. futures are fighting a bit of an uphill battle thanks to a miss on personal income and spending. the data out of europe not so hot either, and germany retail sales are amiss and a record 12.2% and the nikkei did manage to close higher after thursday's 5% sell-off. our road map begins with the market. whos to sell in may and go away. dow is down 3% and we'll brake down all of the news affecting the portfolio going into june. >> the dell special committee has spoken a yet, and the ceo michael dell is the computer maker's best bet, but the battle is still far from over. >> plus, we have an interview with tesla's ceo elon musk. jim cramer may not drive much, but he got behind the while of a model s last night and we'll tell you what he thought of the ride coming up. i think the review is generally pretty good. >> wow! what a car. >> first up, final trading day in may. the dow posting its sixth consecutive monthly gain and heading into today's session, the dow is up 3.3% for may. s&p is up

i'm carl quintanilla with jim kramer and david faber. that's a surprisingly good jobs number.w component, 46 s&p companies and europe is the topic of much discussion if you

i'm carl quintanilla, jim kramer and david faber.id 10er which you heard on squawk earlier this morning as the dow now gunning for its 18th positive tuesday in a row. meanwhile, take a europe, the continent is mixed here today. you have some right action in spain. germany is in the green. our road map begins with the hedge fund manager, david 10er in no uncertain terms brushing off those worries about the fed. >> another outspoken hedge fund manager dan loeb calling for the breakup of the technology and entertainment conglomerate. >> sony citing some slowing sales. >> and the blackberry live developer's conference kicking off at this hour as rumors of a cheaper device or new mobile platform abound? we'll begin with those comments from david teper who earlier on squawk box said he's bullish on the market and there's $4 million worried for a place to go. >> if there is a true taper, there better be a true taper unless you may be in the last half of '99. so guys that are short they better get a shovel to get themselves out of the grave.

i'm carl quintanilla with jim kramer and david faber. that's a surprisingly good jobs number. we do have one last push of earnings this week. one dow component, 46 s&p companies and europe is the topic of much discussion if you heard warren buff oat squawk earlier this morning. speaking of which, with the oracle of omaha, sticking with stocks over bonds as the markets revolve around these new highs, but buffett says the records we pass on the way down may be more important than those on the way up. more of his insightses in a moment. >>> microsoft stock in particular doing twice as well as the s&p so far this year. bill gates explains why now may be the embattled tech giant's time to shine. >>> buffett weighing in on j.p. morgan and the battle of its board. in the wake of the firm's trading debacles. >> from an oracle to "the iron man" disney's installment of the franchise blows box office ridiculouses with the biggest debut of all time. >> thor ak elg of omaha believes it will go higher. people should pay more attention when indexes cross milestones on the way down because th

welcome to a busy morning on "squawk on the street," i'm carl quintanilla with jim kramer and david faber. we have a hearing at the house oversight and bernanke in front of the joint economic committee this morning and all of that is coming up in the next hour or so. futures are mildly positive here, up 24 points on the dow after another unbelievable day in japan. as for europe, continue to watch the headlines there and the markets which are mostly in the red. bernanke testifying on the state of our economy starting in just under an hour. will he be as optimistic as the members of the bank of japan which is keeping policy unchanged and push the nikkei to a five and a half year high. >> reporting a chelly spring is causing seasonal sales to cool. >> toll brothers beats estimates on an increase in orders and lowe's falls short on profits and revenue. >> shortening the amount of time it will keep factories lower citing a pickup in demand. >> the fed chairman will testify on the economic outlook before the joint economic committee. wall street watching to see what bernanke will say about wind

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welcome to a busy morning on "squawk on the street," i'm carl quintanilla with jim kramer and david fabert economic committee this morning and all of that is coming up in the next hour or so. futures are mildly positive here, up 24 points on the dow after another unbelievable day in

here is kelly kramer and her mom sue. >> alisyn: and producer laurie weiner and her mom, linda. happy mother's day, as well. who was that. >> alisyn: now, we are joined by a special guest. tucker's mom patricia on the phone. good morning. >> tucker: hey mom, happy mother's day. >> see you later though. >> alisyn: look at that picture. i know that expression. >> tucker: smiling without teeth, i will be back in washington tonight. >>> i can't wait. >> what was tucker like as a child? >> he was funny and very smart. loved to read. witty and he a natural leader. >> alisyn: interesting. this is something you told us, he had long hair in high school. he was not the most obedient student. how obnoxious was he as a teenager? >> he wasn't really obnoxious. really he wasn't. i promise you. >> tucker: you have a selective memory which i love. thank you very much for whitewashing. >> but i do have a few stories. >> alisyn: we have a lot of time. go ahead. most embarrassing. >> okay. he had a called the king cobra club. i don't know because girls weren't allowed. >> tucker: the king cobra cl

. >> i've got a feeling you would be like kramer, i'm out! i'm done. >> instantly., one of the stars of the new "star trek" movie that debuts very soon. mr. spoke. spock, always a pleasure to see you. >> how are you doing? >> you guys are being so vague about this. >> we have no choice. >> nobody's telling us anything about what the crew of the enterprise is going through. >> that's true, by mandate of our fearless leader, j.j. abrams. >> what can you tell us? >> i'm really excited for the movie to come out, that's for sure, and finally let people see it so i don't have to keep a lid on it anymore. >> great, thanks for being with us. see you later. >> come back here. the first movie "star trek," $385 million worldwide, a huge haul. does that put added pressure on you to live up for fans? >> no, i feel like this movie is a lot bigger and bolder and it was a lot more exciting to make in terms of the experience. so, that's the thing that i feel connected to mostly, and all that stuff will happen, you know, beyond me. >> always nice to know. zachary, good luck. >> thank

>> host: there is a -- from kramer on our independent line. hi cramer. >> caller: good morning, thanks for taking my call. i have a question for your guest. basically which industries receive most of the money and which industry still -- the taxpayers and i will take my question off-line. >> guest: i haven't seen a breakdown in who in particular got the money but a lot of the incentive was on construction type projects. however these projects were divided up over a large variety of types of firms. if you have a lot of environmental engineering firms and you had people who were construction firms, i start with a story about a firm from spokane washington they got money, about a half a million dollars to install toilets in mark twain national forest. these were unhcr style concrete toilets so that is where a fair amount of the money went. like i said a fair amount of money went to people, to individuals for tax breaks as well as through transfer programs like medicaid, like unemployment benefits and that sort of thing. so i don't have a break do

and i had the good fortune of living just two blocks from kramer books and afterwords which had just opened, and they had just opened the afterwords part of it. and it was the first time i got in my mind the idea that i would want to do maybe a bookstore/cafÉ. and it took me about ten years of being in the book business before i opened our first cafÉ which is attached to our coral gables store. and so i realize now that a lot of my bookselling roots came from my experience here in washington, d.c. and this area. .. but they are really helping to redefine what bookselling is. they brought their fresh eyes and an incredible equanimity to the whole process of selling and i think -- i thank them for that as well. i thought i would just talk a minute and give a kind of road sense of why i think bookstores will never really disappeared. i know there's a question what's going to happen at the e-books in cloud and all of that stuff. i think that knowledge he is all changing and i think today we read e-books and tomorrow who knows what we are going to be reading but the physical book is here