i'mtoo lazy. >> they call thisn l-word sesessn.n. that's my lilife i is kind of a l-l-wo ssion.n. ndnd oa lazy -- you're not lazy. >>>> ,, i'm not. anyway, i surured the airir wav, the wiwireaves and the stock. chuck e. cheheeswawas up. i likehat one because iike uck e. cheese. >> the cononveatatn right no i have with h mo people i is i rely goingo o as q qui a summer as it smsms like it ll bebe the last two summersave been anything butut quiet. they've been two of thehe worst sasters we'e've seen in modern days. pepeop are starting toto believ atathis may bee t quiet summer, e. there's very little cpopora nene g goi .. >> w we do have -- >>uckily we c c count onn an earnings seasonn fr times a yearar. i think there w wl l be a lot t talklk about.t. >>>> rnrngs season wl l be interesting. >> in terms othe last thrhr monthsececau some people thought we were e inhehe midide atat lstst f for w whi, thingss were getting better. 'll see whether i i the lastst month thingsseaealldid sort ofo go back into -- >> i neverpopoke to that many people w w run c comnini who fe l lik things weree

there's a l l of ununrtainly there.take w weloiois. >> araren >> yououkn,, i am putting m moy y whe my mouthth is.. i'm buying b bac e.e. >> i'm'moing to go to mcdalals, buyuy a bit. i'm goingo o ge myselfnenef osose black angusburgrger hee aa ttttleite toeeeelbetter. got to go. ananksor watching. sesee u back here tomorrow.. . e e fference is ford qualility quality t thacacan'be beat by honda ororoyoyot d d at difference is in evevervehicle in our lineup.p. which includes t theosost elel-eicient mid-size sedadansn n erica. now, drive the ford d diererce meme a we'll cover the firir t thr payments. hey.....dfefere is good. test d dveve ifor yourself. sit ford.com and drdrivththford difference. riri f foriabetes. diabet introducing new nuisistem d, the clclically tested programm folod reducingng bododugar. hi i'm mike,e,ndnd iost 100 pounds on nunutrysysm d that first step was diagrere le a giant leap., till i discovered nunutrysysm d. in a clinical ststudpepele on nutrisystemem dosost times more weieit t an reduced thei

l l demanan tyowered theirir forerestst. so we're talking about w wor oil dendnd they raisesed atutut lowered it r r thu.s. theyey raised their p pri targe for 2009 to $6$60 a brere so ty raraed it a lile bit well. s s they seeeem tbe sayiyi we wewe w't'te the masters o ofuru owown domain whehe it c ces oi pricices >> but that's not ananytngngnew. they must b b looking atathihin d what the imulusacacka there is d dngng. ununrtuna unfortunately, the s stilulu package heheren n thu.s. is not vivi the same efctct o oil dedema. the consumer, uikike china,isis such a a huge driver of the economom twtwthirds of thentire gdp i is based on the consumer. until that situation improves we're nott going to see a picku in oildedend here i in e u.s. >> the k key will be thee g dedema and what happppen >> we'll watat tt closely tomorrow when the weekly data comes ut. th w wl reflect what happened on the rurunu to ththeth of jul hoholiy. >> see youou later. thanks. . >>> as you heard a a little whi ag the s smulus debebatis startingng thehe

be i in mind, fifitt of l,l, i haven't usus t thi machine in quite a whilile. i'i'm not a nknk analysyst. i will j jus give you a few i a ideas. eveven banker can makee money a arar zero tetest rates. the most imimpoanan one is this chart on the eld cucue.e. the yiyiel curve startss out no atzero, neaearzero and es all ththay up to 3 1/2, 3 3/4%, almost 44 on 30 year treasurirs all l i' saying here, lelet'ses if can u u thiss aow, the shift from aegative yield curvrve,hihi is dedeatfofor ba, that meanans t tha shortrt rate higher than long rates, to a sisive curveve, and you reallyy see iit, you rlly see it herere this area in 2009. this is the singleosos impoporttt bailout of theananng system and wh bass were very profitabablen n e first quarter and they're goingo conontiee t profitabableinin my dgdgme, they h he e th capacity toarn thr way out ofall the remainingg toxic assetproblems. let's lookat the next one. these a a bank epeposs. peoplele a investing in banks, putting their savings in banks, rried, i agree, i i know the gornment is g granteeing itit. aan

l l ght, phil. let's get more o on e markets ghghnow. er ruststabs oo foror c cent ininvemementtrategy at r ruslll investments.s. russ cocosticich ad of investments at barclaysys obal investors. guguysgood to see you. i look a at today's indecisive trade and then i l loot the onomic tata retail salalesglgly but notasas ugly as some peoplee wee excting. weekly unemployoyme f figes pretet hrendous, not as horrendous a apepeop weree expectctg.g. eric, how dodo y look that? ishehelass half full half empty? >>>> wl, certainly the f ftt tht we'r're lklkg about the gsss full at all is ceainly an improvement ovoverhehe binning ofofhehe yr. butyeah, it'ssbebeen a trend tht 'v've en economic data getththe tetef descent h has slowed.. the market hasas priced thatat . it ken calamamitouout of ayay, and that's what t we s s a lott thatalally from march th t te endff april. really whaha i it' doing withow is i it w wan to see recocove.. it actuauallwawantto see n lylyews get less bad, it w wan to see it s sta to get good and that's what the market's's

i i inin his tl re for inflation is a l l lowower than many of t t alalteatativ. that is the most important t question. isis he indepenende e enoh to b ableleoo managege tt exit ststragygy a say nono to the whe house? thatat w whe i h hav real coconcns about ben. >> you guys are a lo of n. thanks for joiningus. eat coconvsation. ooka ayay all right.t. thanksksguys. w wl takee a quick eak and then will check on what exexacy y going o on in theun valley cononfencnc hi, jua. >>>>hi,trish. tatansff technology, silicon valley startrt psps, and m mor al hehe at the conference. word that murdoch newspapers are usining ivive investigators t t hack into phones. i i llll he theatest on ll of that coming up only on t thealal ipipy other cars. gsgso fluently, k the new fordrd fioiois the most-fuel-l-efcicien nonone else can say.and tg we speak the 2010 fofordusion. get inin..anan drive one. >>> onestst - -- >>>> britain hasas ordered an ininquyy intnto reporor t tha journalists s atat murdococh' wswspar jouournisists hireded privatenvnvesgators toacack into phones. you are lo

and i just l igo really.nd then several days late you know -- ♪ the whe -- >> wre did that come from? >> from above. >> the dance as well? >> y, same thing. >> how do you do it? can you show me how you do i >> boy. come on, just get up anshow me. >> i'm shy. >> come on, just show me. jut show me what you do. teach me. >> okay. oh, boy. u're putting me on the spot now. >> ce on. >> now peoplare discovering sothing about me. i'm really shy. i'm embased. >> oy. you're shy. just get up and show me. >> oh, okay. ♪ >> wt's going through your mind when you're dancing? >> not thinking. thinking is the biggest miste a dancer could make. you ha to feel. ♪ u become the bass. u beco the fantasy, or you become the clarinet d the fle and the strings and the >> so you're almost thphical embodiment of the musi >> yeah, absolutel >> michael jackson's home, neverland, is a 000 acre rancthree urs north of los angeles. as with most of his lifeit has to be seen to be belied. inspired b the children' fairy tale "peter n" abo the l

l rit.r rad host---- ktrh. want to get the cll ltete rit. will, , arou withth me? >> i . >>>>hat are you watching right now?w? >> we're keepining ye on itit. itpppes to be like youou mentioned in northweststououst. he's on beltwayy 8,8,indffhe outer r lo a arod the city. he a actlllly hopped on in n e southwest part of f thee metro d is movingg north onhe west l of thatbebeway right now. i i'v mementnene to our viewers here, willll tha thereeways sese oddly eptpty of traffic. you oow, in soome spots, it ttru in somee spots,,it's no rt of that has t to ith the time of y. weee justppppaching 2:2:00n n the afternooooso wre notot in ththeiddle of rush hour. so, too,ththeyeretty goooo alerts traffic ahead as to what's cocongng. in a l lot of ththe cases, as t flyndnd an underpass, you'llll see tffffic sitting totohehe se. that is alll designed ralallyo epep pple away. >>o you know at t tisis pot,t, causee haven't seen a any squad cars, are police stillll chasing the dgege cacavavan? >> thehots th

l?l? >> bittersweweet growing up in detroit, i never in my wildest dreams would have thought thiss could happen. >>>> dyoyou see aig change in termss o ownenersp,p, instititutnana individual nership, any change in terer of cocorpatate landscape now th yorere ithe s&p500? >> i t thi it gives more visibility, more poposu, and that's a good thing. this is a greatmilestone. always nice to be recognizededor what you do. but thereal recognition n go t o the emplploys.s. just onene tngng o on that.t. some people wouldld he e a rty or whahavever celebrate. we're o offing 500 scholarships to celebrate the 500. >>ell us abobo ththos whwho eligible? >>nynybo laidoff as a sult ofecect restructurings i in e e ececony. ananof our degree grantingng schools, includidi our most recent clelege in brazil we acquired, chamberlain collllegof rsing, devev r rye universitity. >> we haveve r reashift in the onony. clrly it'senenefing what you do. it's all about wh you're d doi in terms of educating people t get

l l of you want to see bernanke stay. >>>>my f feeng is that the markt woululfefeel the way do about anbernanke replacement. >>ut you wouldn't want t to see m stay? >> ts s is not dependentt on on woman or mama i puit in t tha rdrder 100 people areuaualied to be chairmrmanf f th fed and to o governors of the fefed. the problblem we have is we are notscrutinizing the arrayay o o people anddetermining fed governors and chaiair men and n re about t to rewritit the ruruleininhich the fed operate. that's a rrrrle state of afirs. they are h heangng ttimony frfr dald o said les not potitizehe fed. >>onon d kevin e withihinhehe la two ldld outs w have been protected inin tseseany months. >> good to see you both.. ank you for joining u uand we mumustidid y adieu. seyou later.r. les s goack to bertha. talk about epepf is somethihi that you have to be are of wi t the track commodities. the sec ctrtrol how manyshares th c c issue. thisiseeeek 's a problblemitith the u.s. natatalal g fund. they now w wan to g gww 10-fold anand ntnt t

l?nds on who you ask. a lot o people interpreted joe biden's remks as a starting gun. and washingtonind of wen into a little minor tizzy after that. manding meetings with white ho persoel. democrats on the hill say they're not talki about it. they're trying to tamp down any exctations becauseey know it wlde politicaldifficult. >> and harr reid urging patience. >>emocrats saying they're not talking about . though ed rendell toda said would leto see a second stus. >> i got to ask you about sarah palin. we're seeing new poll numbers today, one finds two ot of three republicans want sarah palin to be party leader moving forward. it doesn't look like her decision to resign early is hurting r among reblicans, but it's not doing ything to change independent's minds or democrats. m just curious, what kind of a politil future does she have? could beher le? >> she's always been a conservative. and if s has a politica future, it's gng to be on th conservative side. she has to r from the right that'

l anthe federal govememe. ananchorawaw. the negagatityty pring out of wawashgton can't last in the face of good earningngs. and this for oil's linkakage a the markets asas ahohole ititon't be broken until i it' clear to everyononhohow illegitimate t the mkekehas been alall onong d saying, you know what, mea culpa. ifou can make yourself f fl l good about tech h and e e ct that t theanankshould blow away mbers, it's a good placece to buy. stks are cheap again. that's rigight it's's le e gog to century 21, the discount c cloining ore in new york w where g g this tie. plplacyou have to fight tooth h and nail to get anytythi d dect ofof the racks and find ththe enteterpri e ety. gh year-r-olr r li honey well. 4% yieldld. hand overr ft like ii am gngng for the e araritle trust. how about thisisnene? almart? juju $ $1. off of the 52-week w. if you t thi w we' going to have a akened economy for sometetime, how could you nonot llll t trigger r t thastock? i justst gothihireally cool kind ofiberglass frog for my y ckck

fillll gold which has been hovering the l l 90000s, up bucks to $915.50. eve sedgwick isis on the scene in'aquila. steveve, people s say don't reao chch into that.. that may go prprogss, but very tttt progress. >>ca, i think yove hit t the nail o on eeheadad the g-8 - -- >>>> hoa. looks like we've j jtt lost stee there.e. >> sometimes it isis d difcult gett signal. we'll gett sveve back in j jus fewwmomonts baug becausee e ha a lot t things going o onith the gg-8 but as you've e be t tking about, a lot gng on tss morning. >>hey managed to rucuc emissionony the year 205050 and it's theeaea term targets thaha they wereren able to cee to an agreementwiwi.. otrsrs say t tha because president who - - >>who? >> yes. anything to get d dee here doesn't have a anyhipped in the sails. we m mayavave eve baba,, if i'm not miststak.. stste,e, wlost you for a a brie second, but t ontinue. wh were you saying? >>>> yeah, rl, i don't t tnknk s an earthquake this te. at least i'm'm hininnot. what we're yiying is wveve got this 2020 rgrg, but the g-8 ha left a lot of details

certainly built up a l l of goodwill owe theyears.ee o tolerance that's unknkno rightht now. we would hope ttt the expansion goes on,isisl udent is e entinin and keeeep yielel f fro rising significant. >> all right. totonythank you. >> thank you,, joe. >> as we ntioned, mohammed, thanks about the m msasagi about the redsds, -1.. ii arerecie that. 's a mets f and they hatate thth phillies. . >> n'n't tell hihim you're a a yankees fan. >> a anoererood point. i i keep a mets hat on m compmput. . >> i believeve that. >>> new firir blkbkbry text. was s atat real oror jo mocking me. >>>>>hen we come baback earning season is abouto begin. art cashin is wheyingng f t tho report c cdsds. d#d#: 800-345-250 "i'm r rhihinkg everything... d#d#1-800-345-2550 inclcludg g whi trust to look afafr r myoney." tdd#: 1-1-0-0-342550 tdd#: 1-800-34345-5050 t, t t i'not." tdd#: 1-800-0-5-5-25 "i guess i'm just dodoneitit doing nothing, y younonow? tdd#: 1-800-345-5-25 "oh, i'm not thinkining o. tdd#: 1-800-345-2525 am moving it." shsh till you drop, lalax th

finanancl l stem."om people invovolv in this that mamae e wee gotten to e e int where wveve mched up engh of theseererative contracts, we k kno enough,h,wv de enough in the banknks, tt t now you coululd t t annstitution ilil. what do you ththk? is that t poible? >> f fstst oall, my book hasn't me out yet. it's coming out. and second of llll i thinkkhat have to be very clear about what criteteriwewee using when weay an institution i is t t big to fafa.. we've lelet lot of inststututi get baililedout. and we have no theory.. in 1991 cononesess pasasse a atute that said if you bail out t aanank therereury has to be very ppcicise has to p down rationale, has to explain the cost benenefi,,ndnd then the controllerer gereral audits i afteter ee fact. we need to extenddhahat statute to all fininanalal institutitios then we'll k kno why is it actly that institutions a a beg bailed out? and if that so of discipline was in the sysyst,, i ththkk we have a lotlearer raonale. ghghnow we really don't know if many case

finanancl l adce you need?ne erere ll you find the stababitity d resources keep you ahead of thihi radly evolving world? these are totougququtions. that's why we brougug tother two of the most powerful names in thehe iususy. introducucinmomoan stanley smith barnrney rere trethink wealth managemenent. morgan stanley smiththararne smith barnrney he t tanswer... your queststio.. a new wealththmamanamenm wiwithver 130 years of expxpieienc >>> i'm christine e tan. china says it h evidence t tha the ri titioo executive it is ldldg has slen state secrets. >> and i ioss westgate. st ecb has c cfirmed an ongoing need for the econonomistimimul.. >>> and i'm scott wapner in the united statate alcoa repororngng amaller than expectctedosos and says it sees signs of improvement. >> youou'r watching bcbc's "worldwide exchahang"" thelcoa report has helped equities today as we work towards thatt u.s. openn little bibiter. the ftse cnbc 400 is up 144 popoin.. the f fe1000 down n neayy over yeererda butoday it's tinin to c cra ba

ififouou l things slide.'s n compenentition ceceive to go to worork for the governmentnt bononthe goooodns of your heartt a sense of du. anunfortunately that means manyny yngngaggressive, srtrt people may not be llllg to go w wor for ththe organinizaonon simply can't a affdd to g tthe commission. i i do not mean to pugn the integritity t theny of the people who work for ththesec. i'i'm st talking about t t incentive structure. it h hd to believe that peoeopl go through allllhe workof tryiyi t to catchthe financial bad guys in thehe act jusust f truth, justicecendnd t american way.y. especially when n thbaba guys always seem m h hav allheheoood lawyering momoy y cabuy. the itish, the bririshsh solved thth problem by payayin t the regulators grereat salaries. as much as thrhree to fivetitim atat wpay here. that is one sotion. that is a soluluti w whi is called the supuperegulator solution, whicich h he favored this show from day onon where one organizazati regulates evything from stocks t t futures to optptio,

didn't l lar c cra resign last ye?>> you know,w, iooook ay from thth l lite speech in the backyard that she's jujustadad i with alaska. meme, have you ever had a a jo when yououisish u could just walklk o a ando spend the summer at the beachchlilikeou did -- >> only the last 30 0 yes.s. >> yeah, right.. sten, she got to do it.. she e ysys, m out of here. and shsh came up with a wholele bunch of reasons.. none of themem rlllly rk, but she's out of here. would be shocked, keitith. i'll give you u i i'lbet you dier at someme extravavagantlala that this s gornrnors gone. >> an all-expepensshshopng spree and d out t t closet, was it in wasilllla ijuneau? couldn't remember where e that place was. >> the secondhand clclhihing store. yeye llll sd you there. that's my bebet. you can n ju r runild at the sesecohand closet. >> i'm sure i've worn n asucuch clclotng from there as she h ha or the other w way aunun >>>> aaiair waders for you, keith. t tnk you very much. mamargar c clson, bloomberg news and fishinintatack magazine. th

i would justste pppp withhehe idea prices are no l lgeger plummeting l lik a guy without pararautute.> 3 here,manan, i c can tell y that weotothohole bunch of condos onnhehe market p peoee buililt up. nolike miami. we hadanan auction twoo w wks a, $700,000 listed, sellili f for and $500,000, a and aren't mov anywhere yet. go to the shore, e evebobo in phphlyly wts to havehehe mmmmerouse. peopop w who just gotsed to bungng iand t tdiding upevevy feyears,nonot happeningng anore. >> w wwiwillove to another topic, onene stthought. from 20 to00007 roughlyedednn priceses homes rosose 53%, fro 20 2000. ifif y bought before then, you're still way u nenext topic, guys. chchaejackson being rememberer around the orld, thehe businese ofelelrity ath. jerry, youou'rn l.a. start with you. gogo t tell u,u, watchched some of the funeral stuff,ememorl rvrve, i felt alittle uncomfortatablwiwith all th se promotion, some peopop clearly there to promote thehe own careers raraerer tn celebrarate the de parted. >> the other interestinghing was u unen performanceby t t perfo peperfmers theirselves, some peop

if the s&p&p fl l below 870, yo could probably g get l lotf things.. 870s&s&is your bogey. >>hahankfor riding harry in longwood. alalso fast message from e ed in danvnvil, , california.. what should do witith citigroup ststoc bull, hold or buy more?? >> cibank is ting to operarate wi aleast one arm tied behind their back.. if you want t to nn this space for r a boboun go withh bank of america or jpmorgrg.. they'r're inintoto ba better rere py and they don't hahave quite the sameme bgagages citi haharirighnow. >>> is there a sign ththathehe casino namesesrere srting to turn a arod?d? good to see you. >>>> grereato o beere, melissa. ananyou. >> w whas s thtrade here? >>t't's out tes ining ss bad ririttowow qte obviously. th ire not about t to t a lolo better when it's08 degrees in las vegas. knknowhey do gaming o outdede f l will have, but ifif uu fococun that,eoeopl don't goo to vegas in the s smemer. but seeing a tururnaununin the summer would be strangng yoyove got sandnds, wynn, m,m, that's what we saw brbrgiging investors in.. anxtxtradinary amount of volume on the insti

>> wl,l, e news issixed there.tainly because prices arare llllinso much in t tsese areas you're seeing investors coming in, , first-time buyerscocomi , and sasas s ha gone up, particularly incalifornia.a. sales have justt soared. there are e soanany homes forale ththathehere still a tt more in e market. ee markets are s sllll bng prprsured. thosose e e thmarkets where the dsdsf adddditnanal ice declines are there. >>hat do the housing markett reports say r the future? yorerealking asarar outs 11 at t ts s pot. when given t theurur vai are w e expecting to s availablization? well, i i tnk o on a national averagebasis,wewe'l probably see home pririss flat next ye.. u know, t thell probably d dpp significantly again this y yea halfway throrougththyear alreread that's an easy c cll to make. next year ourododel are telling us that hoho pricesshould be about flat.t. that's rllll the first t tim i fo arars at we'll have had hohoririceas good as roro. and d think in 2011 we'e'll stat toeeee some vevery sll i irereas on nat

anand l l her medications u u artaking... mumusc pain or weakness, or if you experience they may be a sign ofof r rar but serious side effffec how close are you totohehereou want to be? k k ur doctor if cadueuet n n he you go... fofor th your goals. you have questioions o can give you the financnciaadadce you need? whe e ll you find the stababily y anresources keep you ahead of thihisra? these are e ugugh estions. that's why we brougughttotogeert powerful names in t t i indtry. intrododining rgan stanley smith barneyey. morgan stanley smithth bnen. in t t i indtry. he t to think your questioionst.t.heh. a new wealthth nanagent firm ththver 130 years of expxperncnce. >>>>> are h hern sun v valyy givingngouou sense of ththe ener a a lo of bike t tras.s. meme m be biking. is it anine-mile ride or sosomeing avavaabable they have alll sorts off things they can do a you canlala brbrid if you like. they liketoto do that appppartl and d kn s sugst also an option if you like that. i dodon'knkn ifththat what corey likikesto do bebefo w

t t th doesn't evven ilulu all l ofhehe peopleho are too scscouged to look f f work and l l the peoppleho are woworkg part-time that would thth be working full-time. ththiss a huge problem. onon o outf seven americans are either unemploymentnted o unrereloyed. and d asonong that's the case, they don't h have themoney this go a arndnduyuyhings which memes employers areoioing to be yiyingffff even morepeople. >> as formeraabo secretary what would bee your advicic t te obamama adminisistrioion? what shoulddheheybe doi?? >> the obaba a admistration wowould veve diicicul time seinin congressn a second stimuluspacke.e. papartularly given how l lggt has s take to get theirirst stimulus package o out the oror. w wou say that thee only poposslele ing thahaththeobama miminiration can do that rerepuicans and conservative democrats might poposslyly signn is aaxut for middle class, low and middle cssss peoplele maybe ememptg the firstst $15,00000 o of income f from pa tataxe that wouldldutut money intnto people's's pkeketsight aay. it's s sething repububcacans cod possibly kke. and maybe e itwowod g

but the e rkrketalways l loo ahead. trtrads s nt an incation that things are going t t get betttt down t t road. they're looking f for thatat. thotothe talk is secocond ststimus plan. larry, i know wtt you have to y about ththat right w,w, people are just oking at itss tata, really. yove heard from b ben and tyson andd t there saying at ths pot, maybe iss justttal not t to mh concern at tss stage about tt.t. we're off 81. i ntnto geget over to bertha couples who is herere. there's weariness ahead of earnings and aalshe treasuryy oponon this afternoooon. >> the treasury opopti this afternoon, the tererms are supposed t to good. it's expepeeded to gowell. ate get further ut, wah. wel get more appetite f stuff that's near term, further ou that's when thingsweakness. y weakness this afternoon, that couldld b negagaveve. we're watching the s&ps s ll which h is a a a criticalevel a 89890. 8888 i i the dowownse.e. if we break thth w we could s s llllin prprsusure >> is there anany bright s spo ththe?e? whenen wlolook at the s

no action on the l letr.r. wh w wwere saying, his statemenent m m, knowing what he knows and we knowow n, , early was foe. now, we're not jusustrtryi to catch h hiinin aalsehood or ask for an awe apology o or t t on a secreteterere. point wewe'rtrtryi to make is th t the's a pattern of denialal and deception, a a ptete that ultimately affects theheececury ofmemerins. this behavioior,hihis ttern over not t ju m mons but the years into decades, ththe exexamed behavior canan ld d dangerous -- >> sorry for the tececicical glch that sbruchted the intervrviewiwi congressman holt icicwe hope to pick up at t so point ininhehe fure. ofofhehe ielligence committee. ititcho howard feinman and political columnist fofor "newsweek" magazazin good evening, hohordrd. >> i'm tempted t to y y on pennetettaororksast. >> andndn n hong we get to talk totohe congressman again i in e interim -- i'm'moioingo hold off.f. congressman holt i is ckck wh us now. we'l'll susu where we. ngngssman, when he a glitctch talking about ththcicia en

why should t the mgin requirements for oilututes be m muc l lererhan sstos.ven poportt. oioil national security, yourr job securury,y, how does thatate a lik of snsnkick of f sns s th trererwill stop anything to event the marargi rulules they donon nt it to ange eyey wl claim the market is too dpp toe manipulatedanand thw out statistics to back that up as wellobobing dollars. ththe ole idea o deneness is utrrnonsnsen,, ty're just tryingng t protect a gigantic fe machine and heeededge fund play ound both of which are at your expense. if this market is lelegimamate f it's deep, how comeotot one major oil compmpanevev aits to selling oilil in the tuture rkrk. onlyusers and spepecutoto are playinin t the futures didn't'tl becauseitit's too darn standard function a.'m on the nference call, know at yoll never hear yoyo say this tvtv because ththers too much money at stake. guy carere about thehe oil futu rket orararke for any commoditity being nipulated? en't these just tders betting agaiains eachother? isn'n't alal relevant? ah. it is but not when itit comes t oil

first, l l t the keep the money they already en to p pvide for ththeiowown nefits. thatatilill lp expand verage. a goverernmtt plan is n notngngt a sckckg horse for a singlele-perer stem which the prident and his advisesers admit that themerican people will not go for,o they have co of with sort of t the stealth candidate,alalki about government health plan. this is pure speculation thatt governrnme h heah plan can cocoete, will lolowe the st. well,,ee haven't seen any of thoseeestimates. wewee got cbcb scores on differerenbibillnow,onone of those billllsayowow a govoverent healthth pn n isgoing to lower thee c cos for the averara ereran. so let'setet tohehe backhaha wh the typical amemerinnfamily really ntnts. the prpresenen promised an average family w wou s se $2,500 a year, thahat' a s savg of$2 trillion. now we h hav thehe e expsisiist gornrnme policies that wiwi stst try j dolllls,s, $1.5 trililli, , n n w we' $3 try won apart from wherere the american peoplplththinwe are. . >> if i could ju inoror a moment. go ahead, tim. private insurance hasas had yeyearto

karen, l l me start with you.u.ore andore details thatat this w w direct orders from t former viice presesenent'office, dick cheney, to keep quietet aout thiss program.m. we hearfrom senatator d di durbn isis mning that cononesess should investigigat do you tnk the docrats will actually do ii >>ope theywill. look, i ththinkk there arere questionss raised. nonoh,h, we've sort of snn this ppen along the last sevevalal months whehere little by litttt weweee fding out ttt things s that we were told d tueded o not b btrue. rmrm vice president h has v vyy little credibibili with the american people anddf in fact idid order the cia nottoto dispense of theirr dueses a actually inform thee cgrgres of the prprraram thattththeyere proceeding with, thatt creates real problems. we knowow tat v vcece psident cheneyey w a advdvoce forr more powerful executive brbrch. we sawaw a nuuererf ways in wchh he d did so things thatat most us think werere not in l li wit ththe constitituonon. certainly questions a a isised i tinink democrat

our deep condolences go outo l his family.y. the jackson 5 was just amazing, and little michael's performance waway beyond his years. this little kihad an incredib knowingness about him. he sg with such feeling, inspiratio michaehad a quality that i couldn't completely unrstand, but we all knehe was special. asidfrom singing and dancing like james brown and jackie wilson, he sg a smoky robinson so called "who's loving yo. he sang wi the passion of a man living the blu with heartbreak his whole le. as great as smoky sang it, i thought michael was better. i went to smoky and i , hey, man, i think hgot you on that e. smoky said, me, too. that was motown. motown was built on love and competition and sotimes the competition got the way of the lo, but the love always won out. we cpeted on everything. ancalifornia, we had a baseball game every week, the jacksons versus the gord. unfortunately r us, tito and jackie were big run hitter they would kno the ball out of the park. but then so would my s berry. i'm not going to tell how won

those concerns werere l l pposed toto dail the economy. remember? lememesk you something. is thehe enonomyupposed to ishehe enomy supposed to rerail or perhaps it neverer lt the tracks?? you haha t to k yourself, if the gogovemementere to take 100,000 people, give them jobs w worngng lands and d pas,s, wking at the popostffice. have them go into a momode d d cicivianan cservation corps or wos s ogress administration.n. what wouldldouou tnk about the maetethen? wouldn't you believevet t wod head much higherer? in other woror, , ife got a nononancy pelosi stimulus,s, o that created real jobs andnd dndn'tust give existing federal, statete, d d lol ployees higher wages and m mor job security - -- m me at's the chief claim of the pelososi stimulus -- woululwewe sll be etetng? i point thisis o b bause i do havevenene pce of data, even as i submit it's ththe stst significant piece, overwrwhe a a the other evidencecef f a woworlididrecovery, albeit a slow one. u made a big mistake a a t tod you got burned foror iasashe rket recovered nicely.y. a german intervivi w wita feral execu

>> 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. t to0 stocksks in that poportlio. has thatheheed you or h h

lower hotel l boining es mean you gegea a lor total price. plus, , ifnonoer orbitz customemer then books the same e hollmean you gegfor less,total price. >>>>> u u han'tinished the job, s som w wou y.y. >> you'reotot listening to ,, m m t cocoining e statete ununtls dollars and w wasdd titime >> you're not listetengng to me andrea ititchl. i adad palinin speech, i thought ititasas serer let's talk t to donald stone wh workeds s sider forerepuican presidentsrom richchar nono president t shsh. what iss it about republicans yiyi to devevound eat thehe owown. this womanan w wan to d do the t this womanan w wan to d do the t thing, she c c energize ee titireparty. what is going o on here?? what is going o on here?? >> in fact, there's s noining ft for her accomomplh h as gogornor. yohahavehese l lawits and etcs complaints s omomhese garden v varty left wingnututs viviuauall paralyzing h her gogovement. the e ysysf accomplishment wh oil prices were h hig andd was pros sperring g ar behindheher governor. nonow,here's nothing lefeftas governor oththh

l l ght, thank you to allalan maryland, all ththpepeop in buffalo and north cacaronana.ce, another e-mailer p pddddede to do more work, anand ththinit looks good. limit ororrsrs, ke your time. the'e'no no catalyst other thth t theact that the e-mailer made me feel like i neneed t to more homewewk.k. and stay with cramamer >>> nextxt- - trto keep up with amam as he takes your calllls rapid fire in an allll n lightning roroun madmoney@cnbc.com and d m m cod answswerououn the air on an all new "mad money." l coming up on "mad money.y." . call or click today. >>> it is me. it is timeor the first lightng round of the week on cramer's "mad money." hey, rapid fire call, one ter another. u tell me the stock i'll tell you whether to buy, y, buy, or sell, se, sell. i don't know the calrs or the stocks aad of time. we'll play until you hear th sound and then the lightning round is over. are u ready ski-daddy? is time for the lightni round. let's start with laura in illinois, laura? >> caller: b-yah from illinois >> excellent good to have you on the ow. >>aller: okay, i picard a n

wewel l ta to the producer o of the new hbo dodocumearar"tdydy h his own rds." "hdbdbal returns right after this. whwheritit'sulnerable. ♪ tylenol arthritis workrk with your body to block theain, without terfing witherin high blood pssure medicines like aleve sometimes c can. ♪ so you don't just feel bte u fe better knowing doctors recommend tylenol more t than any other brand ofofain reliever. ♪ >>ththat air fooene having just landed on the ground in acaccr ghgha.. president obobam about to disembarark omom air forcece ond be grreeddin ghana. hihi arriviv in subsaharanan rica, his first visit t trere ncnc taking office. could bebe any m minee now orit coululbebe a few minutes. ey don't always just h havtoto run off the e anane. they can t takththr time, those prpresents. all right. wewelce back to "hardball." vada senator jojohnensign admitttt h havg had an affair last month, b but thataa't the d of it. yesterdaday l leaed ensign's's parents s pa nearly $1,000 to hihis ststss and her famamy.y. atat ne?? john r ralonon is a politicalal columnist for hehe las veg

wawalk up behind him and saiai michael,l,hahat e you doing in thisis srere?"uerstand whwhate e enred. nonot ining le to walk across the strereetititut a crowd ththing around him. ing judged, ridiculed,d,owow chchain can one take? maybe now, michael, ththeyilil avave u alone. michael wawas e e ice of our angelic trumpetsts a h he ll coinin to be that angelic voice in heaven, neareresto o ou creaear r anawaiting us when our day cocos s toass. michael, i lovove u.u. i will m ms s wh we said our gogo-b-bye i would hug g yoanand y, "i love you," and your responsnswawas,i loloveouou me." you knkn t theord has a purpose for r evytythi. ansometimes we just can't sesee it or understand it,t, b i iwill be madadclcleaus to when we reach that ultimate,e,ltltime ward of being in his p psesenc and michael, y y'r're ere. you're right therere u have finished your w wk k he onarar and the lord has calllled for you to come home with h hi so i t tnknk y, michael. i thank yoyou r r althe smiles ththatou placed in many people's ararts i thank you u foeveverhing that you've done fo

>> l look, t think i all spes to it. i thinknk is whole epide reallyly tells uabout what we needo know about s sarah palin's suitabity for high officece. lo,if you can'tt sve out a a ll term a asovernor of aaska becaususe you' beingicked on byrivolous investigations or whatatever, u know, i just don't think you're going to o are do pun potentially if youecame vice president l last timer if you u n for presisident 2012. it'sust not -- i think this is not her skill set. i thk her skskl set is she'ss able to insre people. e's ab to articulate a vision of ameriri, but in terms of aually legislating and executive actiononnd stu like that, i don't t think that's he stng point. i don't think rigor is her strong p point, and i don't - - think ose who nt to suppoport r for 2012 are going to ultitimatelye disappointed. think she's goioing to flake out. >> if you can't beat al qaeda -- if youan't pete paul shaffer, how can yoyobeat al qaeda? if she's leavingg the gornorship but clearlyased on today as interview festival, she's not

we'll l beigightack.ho can n gi y y the financial advicece y n nee where willll y f fin the stability and rereururce to k keeyoyou ead of this rapidly y ololvi world? these are tough questionons. ththa's y we brought this togethererwowo othe most wewerf names in the industry. introducing morgan s staeye. here to reththkk alth management. here to answswer..your . moanan snley smith barney. new wealth managementntirirm moanwith ovever 0 0 yesey. of experience. (tucci) ♪ ♪ count t t theation's fastest 3g n netrkrk at&t w welcomemeacack. markets down 11 pointnt we appppreatat you w wating "street sisis.s." tomorrow, erin willll b live fm ththsusun valley mediaiacoconfe th three big exclusive interviews.. next, itits s th "clclining ll with mariaia btitimo." have a a gatat nht. >> wries overerhehe economomic recovery are pushingtotos wer in oday's trade. traders say part o of that iss k about the need for a possible second stimumuss plan. starwoodod hotels it sd itsw"w" tetel san francisis t to a group p of ho

>> i don't feell a l l o o pressusuret t all.effectiveobbyistoror i i everything i have ever ne are actually pple from delaware that i kowow at i i trtruswhwh talkedd to me in all kinds of parades all o orr my state this weekendnd d people ththat call my o ofifice mostly delaware that have a a vw.w. what we n nee to do issaakeure whwh's's bn going n,n, which we're paying fo money fofor heheal c carthan any country on rtrt we don't get better results.s. 14,000 p peoee le theiei h heah carereoorage today. we have 47 millionon pele with no healthare c cerage. we c can doetette than hahat. think we s suld devevel a bipartrtanan plan. hope that's whate do.. >> thomas carper, senator, good of you tooo us today. appreciate it. y y bet. >> interesesti intterewew up next, "crossing the line" lawmakerss youtube r rnt agains michael jackson. >>> later in the show, men who puputheir hearts on theirr sleeveveanand eir wives on their backs.s. you're watching msnbc.c. >> i love it. spectacular. women who drink crysl lit drink 20% more water. cr

d barry, jstst like youoost to ththe jacksons in softbtbl,l, sd i. dd we had some incredibible tims togegeth.. then jajaieie invnvit me to go tour. withth t brothers. and then i goto s s the geusus of michael j jaconon. heheasas s iincdible, he alwaya hadd commanand n n onlyy the nd, hisbrothers,utut also the audience. i truly believe t tha michael made me a btttter point guard ad basketball p pyeyerasas i watch hibe so b bveve and the greatest eteteainer ever. from there, michael callededme onday and said, i i wt t t t ta to y y a abo being in a video. "r"rembebethe time." but i had to double-check witht jajack t tmake sure it was ally michael. because i was ared to atath to go over to s house, beuse ththisas myidol. was everything tome. so i went er to h his house t have dinner. the chef came ouou and sa,, what would you like?? sosome grilled chchicn. so a as we begin talk a abo te video and wtt he wantedee t , the chef brought me out t ilild chicken, b but he brougug michchaell out a bucket of kentk fried chicken.n. and i went cry.y. likekemichael

theyey wl l nd a v vcece and th eseson is, who that icice going to bebe?ll w ishahat voice going to be? if y've gotot t t.t..a. bag events, are either people concerernewiwithhether they're going to boo repepubcaca or lose money on the event or just coinue to estst w whe does this basase veveo? >> wwel i think it's a v ver real p pspspec that whatyoyore oking at here iss a scenario th is ripe for a a independent candididat s seone who coinine the soso o ross peper cooererns about taxess andfederal d defits with franklyonon know buchanan's nativist spririt. uu put those gegeer, you ululd ve a seriouou threat to any candidide e in couple o yeyeartime. d thahat'gogoto be a concern fopeople in the white hohoe,e, because this mayay ba a 92 situatatio and that can be e ryry unpredictablble. >> could thatbebe sarah palin?? just throwiwi thingsoother off f thtotop the aad. is it poposslele she mighte -- when she vtutus out onn h o o into whateteve iis she's g gini to , , ist possible she may y to go ththerwiwiout that pay y bend her? >>>>elell,he may try, but i dot

just l l of, imimage, bruises and brokokenbones. sayingng the w w about 100 ople who fell i intththe water who had to berescued. >>bobo 26 people injurered, 16 we taken to the hospital.. set the scscenfofor . whwhat exactly hapappene here? >> a accding to - spoke to a ross townsnship trtruee. erere re thousands ofeoeopl inthis g gated park watching a reworks dispy.y. they weree wkikingver this 90-foooot ododen bridgee that aprerent is not t on u useby foot t tfffficbut also by c cars wellll in some of ththe eyewitness reports the, people hearaa snsnapnd this b brge goes o ove the water and ababtt 100 pelele fell i i there. there were a t tf rescue cws t t the trying toet these pele out. ititlly there were reportsts o at least 11 peoplethth were unacacununtefor. i i oke to tsrurust ear this morningng w s sai that tha was not the cacae. thereeere no peopleunaccounted for. >> how about theescue operatatnsns? because y you'd ink y'd'd have plenty on s sce g gin that it was a firerkrk didispy, you think you'd haveve a a least fifireghght

i love you with all l of mhehet, michael l jasoson. that's thehe helel plow?y nging eaieie >> " t t press, michael is thehe bestst. >> what were t they yiyi? >> " " [ [ bep ] the press, michael, you'r're thbebe. i'i'nonot ing to say the words. >>>> he ririd for a week in a los angeles courtroom. media coverage o of thcocot case saidid h f facwas didisintegrating. >> going to be a tightht fit >> wasn't thatat slyly? i made the worst facace. w wt do you think of berlrlin >> i love berlin.. >> with jackson headadinbabacko the hotetel, atoto was brewing about t e e blket incident. e e ne morning, he was keen toto show me how he careded f h his children >> i love yoyou. >> here he is. >>ere's the bottle. wait, wait. here's the botottl >> i is s ok. just takakththisff -- >> plelease n'n'take the blkeket. >> okay. heree e . abo, abobo drink this. drink this. anket, blanket, i loveve y, , blanket. ye y yesyes, i love you. love my children very mumuch. yes. >>>> doeheheike his food? >>>> y. >> have you u beeneaeang about wh p peoe have been saying? >> it's totally igno

l! thank you, michael! thank you, michael!!g gng to g gve mehat way ♪ goingg t to followow this way ♪ ♪ >> mhaha w o onef a kind. i wawas t tnknkin backk t t whe met d thanan timeswewepent together, and whenener r we wer t together and there wulul be a pictureaken there wldld be ptptio of some kind. the caption usually sasaid soththinlike, "an odd couple"" oranan uikely pair." but tous was t the mosost natural and eaeasit t friendshship ias 13 when we met and fromom that day on our friendship grge michael alwlway knew t th he cod count onee too s suort h h or be hisda, a and that we wowod have fun no matter w whe we were. we had a bond. and maybebe it wasecause we b bh understotood w wt it wa l lik bebe i the stlight from a vevery very youngng age. i usedo tease h h and i say, you know, i startedhen i w was 11 months old. you are a slacker. you were whaha 5 5 both of us needed to bebe adul vevery early, t when we re totogeererwe were two lililele kids having fun.n. never cololboborad together. wewe nevever perfofoeded tetherr d

t before we get to that consnsum-l-l expansion, you need the consumer's'seaead. i i thk k ce the restf the 90% comes into o pl, , at is gogoin to gege to the point wherere t consumerereeeels moreomomrtable in spending. nick is right ababou ventories d d i ink that's a good potive goingforward. buness andholesale inntntors in the united stateses have been lolowe phenomenon eigt months in a r r and i think eventuallyhehen e economy does start to pick up more team, th is goingngooelp give us that add boost. >> bob, do weeneed another stimululus ere is talkomome out of the whe house from o oof the economomic aisiser there th we need anonoth o one >> you know, i t thi you have to give the firstst stimulus packa a real chance. there was a lot ofork built into that fifirs smulus package. it w was designedtoto be imimplenend over probably about a year and a h hal and i dididn really careeoror it that much. wewer, that's what we're s stu with right now. i think if you stataeded going through the m motnn oe trngng totoetet a second stimumus s pae enenteted, i think that wo

he's l livinin satoga county, neyork. we'll l talkbobo where it's rkrkinand where it'sot. >> t theloloba money men n y y t working. vernments dumping moneney toto the financiaiasnsnul and the glglobalcocomy is emerge prprosuting esession earlierer than reredied. th gg-8 leaders analyzinghe problem m and solutions ass w w speak. >>>>> faa rerecsion, innovative pepele find a way around financially t tou t tim. sometimemeyoyou ve t toeieinvt yourself t to ma m mey. >> waiait titil u meet him. itit'she economy on this thursday. good daday, eerybody. i'i'mm ctessa brbrer. >> andnd'm melissa francis. wel have those stories plus -- it didnn h haen to me, but a bunc kiki. . >> a p pesysylvia swim club rips ay a chance forr awewely dip in theheooool r the kids, why? kids say it's because othe color r ofheheir skinin. ththewimlub says thhey might chanangethth complexion of thehe club. their r wordii swear. >> butetet's get to ththe big sty y wee following ririt t now. brbreangng ns in micichigan.n. and five peoeopl i looks like, we

all l caca say i conservatatese, get in line.. we now k know whwho the ral maverick was in ththe stst election. it wasn't the old guy, i it ththis flashy rsonality from the north coununtrarah palin. palin totook ba media attentnt wiwith very unconventionalal me which h alally bordrderonon political ststupity. body quits like this. bobodyust bails tt like isis d d eey? i mean,ou know, ople change jo all thtime. but i think there'ss polilitill sisilv lining in all of tthi republicans, g getnnline. yoyou nnnn deny the fact that rarah lin is the rock star o o the e reblblic party. now, teyey don't have a a t of ro stars. th've got plenty of rocks and no stardom. hehe's my take. somebobo t tel me where t wnside is for th rerepuicican papay.y. she gets thee meded attentntio she can raise money. ahah, atat'shat it's all about. and base conservatives absolutely love e th lady. now, i think t t republican rtrt wins on t tss deal. nono o o o there's raising any money of any significance right now for the cseseatives. isis ivintage sarah pal

l outhere, olologe to everyone. i cacan'imimage this is helpful to his marriage, and i f feesoso badly for his four sons whwho ll have to liveve wh h thyoutube rereayays this for their entire lives. ththinthe man really needs to seek serious analysis.s. >>> all right. we're going to have e toeaeavet there today. rick stengel and kathlhlee parker, rick w wilbebe ueiling thnewest magazine cover withth tomorrow on "morning g e.e." right here m msn. >>> up next popotical fight ewewin erer ne other than michael jason. congrerewowomasheila jacksoson e ntnts e house to ssss resolutitiononoring jackson. republican c cgrgresan peterer king has called jackson a pervert, a c cldld mester, and a pepedoilil thhohousdemocrats are caught in the m mide.e. the "pololicics x" is next, only m mbc. >>> comi up, given that new io poll, showing the a aroval ratiti of prident obama dippinbelow 50% what is white house doing now s sho up congreioional nfidence? just say, "calall dave taylor" callinda taylor mobile. and if you wanna tl l it

l l e politicians in the w wor that p preacananyell about trtreaent, there still is not t eaeatmt on demand for all those who want it, neeeed it can't t afrdrd i >> mark kinsley, whose l life s savevebyby ncan, says the choice islear. ananit shouldn't be anyonene'so make. >> t tt t mes that my experience wi b bei able to stay alive and a ae to regain trust in mymyamily and with work agagai should not have happenened i thk k you have a medicationon that ultltimelely n save people's lives thahaitit's exextrely unethical not to deliver r thatededation to pelele. >> heroin destroys a f famy y an the life of a budddding unun titi. >> the last time i saw m my sier was the nighghbebefo she died she caca t to room and said, i love you. good night. tus s go to work in s sononds tumsbrbrg it on. i's much easier toinind ney at esurance. grgreaauautonsurance rates d d lo of discounts! t insurance already? saveve morwiwi esurance's wiwitc& save (tm) discount"!"! it ao o ys to shop online.. you u get ururce's "fast t 5 m)m) dcount" just for gettingng annstant online quote. - thananksprprofsor. - d

and i can't think a better apication of tax dollars >> me neither. >> after l,he taxpayeare funding l of this. >> yeah. >> tha on their behalfbecause we are tir reesentatives to geto the bottom of this. thiss veerious. so of my collgues have, in many ways, pooh-ohed it and sa it wasn this and it wasn't that. i believe that' a complete mischaracterization of wt dictor leon panetta inform the mmit no i give himredit for coming up to the hill the day after hwas iormed about this prram. ilso thinkt's quite curious at his own people didn' brief hi when heirst became director after heas confirmed. >> ght >> but hin said that, the are laws, and the laws must be followed. this is deeply troubling. it's serious. itas to do with our natial security. we're responsible for th. and i think the american peopl have a right to kn. >> conessw, tiss nathan capehart ov at "the washington post." is there any sense that -- you just made the pointhat even leon panea's own people had not briefed him on th program. is there any -- whatever this progm is. >> canada goes next. >> wait, it, wait. congresswoman,

that's not going to l loo good. talking to her, but s she justtsaw that this washeayayhat she wldld get out w when she codand move forward. though theeople that asksk quesononabout lving officee in the middle e of t t tm will have a lot of merial,iike heheard h huababee sasang. >> yeah,leavingith two weeks' nonoti. and theses a are the questions. and doing it on the e e o o july fothth. >> mika, they said w clear byooking at her nouncement, this was nothought out.. >> yeah,, an the presentation f it as well.l. we could go intoto tha matthew y y have b been i inhe perfrft t ple to cover t popolical storm and thetory of sasarapalin. i ththk k on thing is clcleaone thing weweeaearn about her, and donnnnalled her earlier in the show a quitter, i think e e m be quitttting e e ate of alaska, but i i don'ththk this woman i a itter. she may be delusionana but i think s may not be.e. you thinkhehe m berunning in 2012? ware in different age of communication and the e way politics andnd potitians cometo be. ananhing goes now.