we got a call from wisconsin about la jolla pharmaceutical. ljpc.this is a tiny speculative biotech that treats with orphan drugs. it is a life threatening condition where your blood pressure drops to dangerously low levels. it is enrolling patients in a phase iii trial. everything else is phase 1 or pre clinical. the whole biotech cohort has been crushed but la jolla has been anile '80. down 65%. with the stocks under 16. barely more than $3 above the lows. however, while i don't see it going that much lower, i don't see much in the way of catalyst that's make me want to buy it. i told you to avoid this last august. you side stepped a 40% decline. even here it seems too risky. especially since i see no improvement. once again, a big theme. an election year. that does it for my homework. more proof i have the smartest audience around. you are really smart. stick with cramer. >>> it is time! time for the lightning round! are you ready, skee-daddy! chris! >> caller: recently rite-aid has had a bit of a sellout. >> by the way, i think it is more of a p

>> right. >> most americans don't shop at nordstroms in la jolla or nordstroms at river side square in jersey. they are scraping by. >> but i -- can i say one other thing? >> sure. >> i can go to blooming deals here, too, which i love to do which is a macy's owned brand. i can go to the friends and family sale. get 25% off. get a bunch of rebates back to mechlt use the rebates for the next friends and family sale. what a deal! that's -- they'll keep me from going away. by the way, i can buy it on line because it's like get 50g% off. >> i think back to my question which is really becoming the high end consumer has certain issues about where they shop and what they're looking for. >> right. >> i think that vast -- a lot of america is struggling just to make ends meet. and that is pinching -- >> i think that's part of it, tyler. when i look at the broader macro trends, more people working. i actually have wages going up a little better than they have in 2 1/2% a year. even though you have oil prices up. they're still relatively low. stocks, they don't affect everybody in equal amounts the

and so when i was in california, visited him at his apartment in la jolla. what really blew me away, going into your apartment there, you had all these boxes of documents, which you had taken out of the nixon white house. >> awaiting your arrival. >> no, no, i did that for you. >> not only that, but he had lunch also ready. i was more interested in the documents, a lot of them were new and then you told stories, let me give an example. you made the important point. you think history's over. and with these documents and your personal story, the odyssey in the nixon white house are many added dimensions, i particularly was struck. you told me the story about christmas eve 1969, you went over to the executive office building next to the white house with president nixon and he saw that some of the staff people had pictures of john f. kennedy on the wall. and then he came back and said to you, he said, this is an infestation. this is disloyal. i want those pictures out and so you launched an inquiry, and you told me about this, i kind of thought, well, you know -

collaboration with the great 20th-century architect to create this institute and this landmark in la jolla. host: we should point out this commemorates the national park service anniversary. george in florida, good morning. thank you for waiting period caller: good morning -- thank you for waiting. caller: good morning. i would like to say one of the greatest parts of the united states that are realized when i was 17 or 18, i traveled all i haveis country, and been to europe a few times. anything you can find in the world exists in the united states. if you want desert's, mountains, what ever -- i don't know, rivers, the grand canyon is one of the most amazing things i have ever seen. if you want architecture, museums, there's no place better than washington, d.c. i mean whatever you want to find, you can go to europe into something in europe, you can see it here. that is basically what i wanted to say. thank you. host: thank you, george. guest: i agree with you. we are a young country, but we have such adversity in terms of military, social and technological history, that you can really f

. >> i respect your dream, and i respect the dale la jolla, bopping and weaving.s on pace to meet or beat the record. the bigger concern, your adversary, donald trump, has started to use what bernie sanders says as a hammer against hillary clinton. how does this make you feel? does it make you feel that something needs to happen with sanders sooner rather than later? >> chris, again, i just gave you the reasons why should always be optimistic and shoot for the stars. in this case, bernie sanders is going to be in the campaign as long as bernie sanders wants to. it's been a spirited debate. a spirited election process. i don't think anything is wrong with that. so i think so long as they stick to the issues, they tackle the issues, versus tackle each other as we saw on the republican side, we're in good shape. i believe that once the primary season is over, i believe hillary clinton will be not only our nominee, but a strong nominee. i believe everyone who has been working on the democratic side, including bernie sanders, will work hard to make sure we elect the be