you know, at 12 years of age, larry and i started working at the cemetery. >> as he grew older, larryd problems fitting in at school. >> he was always the backward twin. i was the more dominant, outgoing twin. he hung out with my wife and i and what a lot of fellow classmates called the misfits or the stinky crowd. >> still, the boys were best friends, and gary and larry developed a new habit as civil war reenactors. >> i met a lot of friends during that period. and i was able to travel around and meet them on the battlefield, and go on tours. it was a lot of fun. >> larry was hooked, even growing mutton chops from his hairline to his jowl. he still struggled. >> what was larry like growing up? >> very awkward, quiet. >> did he ever talk about his urges? he reportedly said he had urges about women? >> oh, my gosh, it was absolutely -- it was out of bounds. i had no idea. >> jimmy keene grew up 135 miles away in kankakee, illinois, he didn't know larry hall, and he had no idea that their worlds would some day collide. for jimmy keene, life couldn't have been more different. while hall

welcome to larry king now today's guest is larry flynt president and founder of larry flynt publications publisher free speech activist the subject of one of the great motion pictures ever made in a great lawsuit in which he prevailed in the supreme court by a vote of nine to nothing larry's new book is one nation under sects great title how the private lives of presidents first ladies and their lovers changed the course of american history written along with david eyes and box first what are your thoughts on the election i wasn't surprised. worboys it made it a very big area you're stuck with it all the way you know and he would write all fifty states so i know you're a gambler you want to go with him to vegas give you predictions on cards. i can't believe that the. republicans had it so wrong because. kerry i could almost delusional that one when they started calling on how insane that florida to go on for obama they just they just couldn't believe it you know obama was going to win yeah because because of all the internal polls. and you know axelrod and puff you're all very confident

larry king now on or t.v. and we can talk about a number of different things we can talk about my recent obsession with breaking bad. i think you're right you hate it when you talk about my love of social media. scuse me or we could talk about the ups and downs of chasing a dream of getting signed. and that's wise here that's a deserving win a very good they very much and i'm i'm ridiculously excited to be here why did you asleep ridiculous lee my excitement is beyond scope beyond it's off the chart quite why wesley why since age twelve why did you want to beat up people well we're not really beating another why do you want to hold people strangle. you know i don't know what it was about it but i was just flipping through channels one day and you know i was familiar with wrestling in the eighty's and during the heyday of whole kogan and randy savage and all those guys but i really didn't start watching it until the spring of ninety six which was a really exciting time to be a fan because that's when you had th

welcome to larry king now today's guest is larry flynt president and founder of larry flynt publications author publisher free speech activist the subject of one of the great motion pictures of a made in the great lawsuit in which he prevailed in the supreme court by a vote of nineteen nothing larry's new book is one nation under sects great title how the private lives of presidents first ladies and their lovers changed the course of american history written along with david eyes and bought first what are your thoughts on the election i was a surprise. for boy it made it a very big area and stuck with it all the way you know and he would write all fifty states so i know you're a gambler you ought to go with him to vegas give you predictions on cards. i came believe that the. republicans had it so wrong because. kerry i could almost delusional that one when they started calling ohio and in saying that florida to go on for obama they just they just couldn't believe it you know obama was going to win yeah because because of all the internal polls. and you know axelrod and puff we're all ver

larry elder?>> guest: well, i think it's the $64,000, and what you're really asking is to what extent should your father be a friend as opposed to being a parent, and the answer is real simple, he should be a parent. whatever stories the parent has that could perhaps give a lesson, a life lesson to the child, the father should use. but, again, as i said before there's no handbook here. and my book is written from the perspective of my dad. we often talk about how we are raised from the perspective of a child, but we don't think about how our fathers feel about disciplining us. my father told me he didn't like doing it, but he wanted us to turn out okay, and he was willing to go through the necessary years, in my case, of being the bad guy in order to achieve the objective which was to have three well-grounded boys. >> host: who are kirk and dennis? >> guest: they are my two brothers, i'm in the middle. dennis was wayward and kirk was much more solid. both of them are vietnam-era vets, dennis in th

larry mcdonald bear. i'm larry kudlow. now, this detroit bankruptcy story has a very big connection to the white house. we have two pieces of tape to play for you that will explain why team obama cannot run away from this story. that's next up on "the kudlow report." ♪ you're not made of money, so don't overpay for boat insurance. geico, see how much you could save. a friend under water is something completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help you find yours. >>> but we refused to throw in the towel and do nothing. we refused to let detroit go bankrupt. i bet on american workers and american ingenuity. and three years later that bet is paying off in a big way. >> there is a rumor, though, and i'd like you to talk about it, that at the last minute it might have been last week, i can't confirm that, that you

larry king now on or t.v. and we can talk about a number of different things we can talk about my recent obsession with breaking bad. i think you're right you hate it when you talk about my love of social media. scuse me or we can talk about the ups and downs of chasing a dream of getting signed. and that's why he's here that's a deserving win a very good they very much and i'm i'm ridiculously excited to be here why did you asli ridiculous lee my excitement is beyond scope beyond if it's off the chart quite why wrestling why since age twelve why did you want to beat up people well or not really beat out other of what you want to hold people strangle. you know i don't know what it was about it but i was just flipping through channels one day and you know i was familiar with wrestling in the eighty's and during the heyday of whole kogan and randy savage and all those guys but i really didn't start watching it until the spring of ninety six which was a really exciting time to be a fan because that's when you had

larry? >> anne, i've never heard a pope and i do tend to follow these things, i've never heard a pope speak in that direct way. i'm going to give you a quote from this plane from pope francis. "the world crisis is not treating young people well. we are running the risk of having a generation that doesn't work." and then as you said "from work comes a person's dignity." he is going to the very heart of it. he is communicating in a more direct way with young people than i've ever heard any pontiff before, anne. >> reporter: absolutely. i was down on copa cabana beach earlier with some of the young people who were here, some of the americans who have come. that message is really getting through to them. they feel this pope with his informal style and approachable manner is really trying to connect with them. and they are here, they say, to support him. but the issue of youth unemployment is very big here in brazil. it's over 20% in italy where the vatican is based, it is 42%. in europe it is a

that larry from his house. so garo barber who is of the new austrian school of economics the same school that comes from he is interviewed in this reader's piece and he says the actual message of the backwardation is that there is behind the curtains a lack of confidence in the field monetary system he then goes on to say that's why a fall arise in gold prices is not so relevant anymore the monetary fire alarm message courtesy of the relationship between spot and futures prices is run for your gold there is a not enough for all and germany guess what no gold free schmucks china russia much gold america. no gold all right so you're with thanks so much for being on the ca's report thank you bags. states if i could have a whole lot more. i would rather ask questions for people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question more. i've seen the perception of the cross many times it doesn't matter if there's snow a heat wave or

i'm larry kudlow.n this half hour, it's a simple compromise. eliminate tax loopholes in return for lowering tax rates. that's a major component to tax reform proposals on capitol hill, but senate majority leader harry reed, he's having none of it. he wants a trillion dollar tax hike instead and so, apparently, does president obama. and it looks like another scandal brewing in the weiner family. one leading senator wants to know why anthony weiner's wife, huma, is still getting a six-figure state department salary. but first up, the obama care train wreck still coming. taxpayers are going to be left paying the heavy bill. last night the white house delayed the so-called employer mandate and in this op-ed earlier this week, our next guest writes that the delay should be permanent because the employer mandate is unworkable to begin with. here now is andy puzder, ceo. welcome back to the program. >> thank you. >> reading your analysis and doing work on this, i think the employer mandate should be waived pe

my name is larry ziger. the general manager called me in, and he said, what name are you going to use? i said larry zeiger. he said it's too ethnic, you've got to change your name. so three minutes to go on the air, and i'm having my name changed. and the "miami herald" was open, there was an ad for kings wholesale liquors. he said how about larry king? i said, that sounds good. >> what would you have said if he said how about larry liquors? >> i would have said anything. then i legally changed it a couple years later. >> zeiger is too ethnic, but there's a show called "stroumboulopoulos." people thought, larry is just going to retire and have a good time and that's it. and almost right away -- >> it was a strange set of circumstances. one, i had a wonderful 25 1/2 years at cnn. we thought it would be a couple years run, ted turner signed me, and i had a great run, 25 1/2 years, but it was time. i have young kids, and they play baseball and go to games. it was just very nice. i missed it when big events happ

you must be out there in the marketplace it's all ahead on larry king now. welcome to larry king our special guest an old friend a great guy harvey mackay the author of six new york times number one bestsellers including the game changing swim with the sharks without being eaten alive he's been named one of the top five speakers in the world by toastmasters international and his nationally syndicated column appears in over one hundred papers across the country his recent book is the make a m.b.a. of selling in the real world it is a great cover i got i'm one of the guys that gave it a quote i met harvey once with the sharks came out and that became a revolutionary book what inspired that book you own an envelope company what led to that book well i was making speeches around the world for why p.t.o. young presidents organization and all of a sudden people would come up to say you have a book yeah i have your notes you know do you have a neighbor records you have any tapes no no no so the the public kind of pushed me in my audiences. pushed me over the cliff

he said how about larry king? i said, that sounds good. >> what would you have said if he said how about larry liquors? >> i would have said anything. just to get on the air, man. then i legally changed it a couple years later. so it's locked in and no one can use. >> what an incredible shift in culture. zeiger is too ethnic, but there's a show called "stroumboulopoulos." when you left the cnn show, people thought, larry is just going to retire and have a good time and that's it. and almost right away -- >> it was a strange set of circumstances. one, i had a wonderful 25 1/2 years at cnn. we thought it would be a couple years run, ted turner signed me, and i had a great run, 25 1/2 years, but it was time. so i thought i would spend a lot of time with my kids. i have young kids, and they play baseball and go to games. it was just very nice. i missed it when big events happened. but then i went down to mexico city and spoke for carlos slim, who is the richest man in the world, and i found out he had been a fan of mi

but the larry summers rumors are invoking a lot of reaction. we'll get the very latest from washington and analysis from our own steve liesman and rick santelli on the next chairman. >>> meanwhile, more developments in the government versus steve cohen's hedge fund s.a.c. capital, who not only wants to shutter the firm, but it's trying to get all of the money, as well, possibly leaving cohen penniless. what's behind the move, the outcome could have long-reaching consequences. we'll deal with that. >> such an extraordinary story we're on top of. we'll bring you the latest. >>> let's look at the markets. for the week, we have weakness going on. the dow jones industrials average down about 37 points. look at that chart. having bounced off of the lows, which were reaching about 11:00 a.m. this morning. and looking very close right now to inching back to the highs of the day. down 37 points at 15,518 on the dow jones industrials average. nasdaq looks like this. similar chart pattern in terms of the bounce. bouncing off of the lows on the nasdaq, as

you must be healthier in the marketplace it's all ahead on larry king now. welcome to larry king our special guest an old friend a great guy harvey mackay the author of six new york times number one bestsellers including the game changing swim with the shots without being eaten alive he's been named one of the top five speakers in the world by toast. as is international and his nationally syndicated column appears in over one hundred papers across the country his recent book is the make a m.b.a. of selling in the real world it is great cover i got i'm one of the guys that gave it a quote i met harvey once with the sharks came out and that became a revolutionary book what inspired that book you own an envelope company what led to that book well i was making speeches around the world for why p.-o. young presidents organization and all of a sudden people would come up to say you have a book do you have your notes you know do you have any records tapes no no no so the the public kind of pushed me my audiences pushed me over the cliff to rights when with the shar

larry summers.he idea of considering him is insane. new york times agrees: cenk: it's got to be yellen, right? if that wasn't enough, back in 2005, she predicted that the housing bubble would collapse. she was totally right. in 2007, she said watch out for the credit default swaps, which destroyed our economy in 2008. in december of 2007, she said there's a shadow banking sector that could do tremendous damage and that's exactly what happened. it's got to be yellen. so, who was the trial balloon put out there by president obama? larry summers. now, he didn't pick larry summers yet, i want to be clear on that, but you do a trial balloon on the guy you favor the most to see the reaction, and they know that larry summers is toxic, so they said all right, we might take larry summers. everyone was what are you doing? why would you pick him? david sirota is on the panel with us. why in the world would he pick larry summers? >> it's a good question and what's confusing here is that wall street, a lot of pe

i'm larry kudlow. we begin tonight with some breaking news. late today, the obama administration decided to delay a key requirement of the signature health care reform plan. let's get right to cnbc's own bertha coombs for all the details. good evening, bertha. >> talk about some prefourth of july fireworks. applauding the decision to delay penalties associated with the affordable care act employer mandate until 2015. the national retail federation among those who pushed for that delay calling it a wise move. employers with 50 or more full-time workers face fines ranging from $2,000 to $3,000 per employee if they did not provide affordable coverage. the treasury tonight admitting in a statement they had been listening to the feedback they'd been getting from business groups and they are taking action as a result. they hope to provide an additional year for all of these mandatory employer reporting requirements to begin. they say it's going to allow them to simplify the recording requirements and also al

you must be out there in the marketplace it's all ahead on larry king now. welcome to larry king our special guest an old friend a great guy harvey mackay the author of six new york times number one bestsellers including the game changing swim with the sharks without being eaten alive he's been named one of the top five speakers in the world by toastmasters international and his nationally syndicated column appears in over one hundred papers across the country his recent book is the make a m.b.a. of selling in the real world it is a great cover i got i'm one of the guys that gave it a quote i met harvey once with the sharks came out and that became a revolutionary book what inspired that book you own an envelope company what led to that book well i was making speeches around the world for why p.t.o. young presidents organization and all of a sudden people would come up to say you have a book yeah may i have your notes you know do you have any records you have any tapes no no no and so the the public kind of pushed me in my audiences. pushed me over the cliff

live coming to politicking with larry king and we're happy to welcome actor off their political activist and close friend of president obama hill harper hill and president obama attended harvard law school at the same time hill has a new role in covert affairs a terrific show by the way on usa we'll talk about that a little while but first a politician go back so long with obama what is one how's the presidency if it all changed him and what larry i don't think. it's changed that much you know he is someone that you know when we met at harvard law school you know i can come straight from brown university in my early twenty's he was almost thirty deciding to come back to school to go to grad school so i and i looked up to him and not just because he's taller than me how done because he you know he has a say he had a sense of purpose and a gravitas even then and and he's still the same you know if you're there at the white house with him the one thing that i think people don't see enough evidence in that it's part of function of the office is a sense of humor saw the same sense of humor if

live come to politicking with larry king and we're happy to welcome actor off their political activist and close friend of president obama hill harper hill and president obama attended harvard law school at the same time hill has a new role in covert affairs a terrific show by the way on usa we'll talk about that a little while but first a politician go back so long with obama what is one how's the presidency if it all changed him and what larry i don't think. it's changed intent much you know he is someone that you know when we met at harvard law school you know i can come straight from brown university in my early twenty's he was almost thirty deciding to come back to school to go to grad school so i and i looked up to him and not just because he's taller than me how done because he you know he has a say he had a sense of purpose and a gravitas even then and and he's still the same you know if you're there at the white house with him the one thing that i think people don't see enough evidence in that it's part of function of the office is a sense of humor saw the same sense of humor

larry elders, the host of "the larry elder show." he's also the author of "dear father, dear son." he joins me now. welcome to you. >> thank you for having me. >> you've been talking about my interview with rachel jeantel. why? >> i was because you weren't doing her any favors by trying to convince her she's a victim the this is a young lady who didn't apply herself, a 19-year-old who is still in high school and still the same young lady, take this as an opportunity to take stock in your life. you treated her like she is a victim. 7,000 murders last year, piers, of black people committed by black people. since trayvon martin had his unfortunate death 480 blacks killed in chicago alone, 75% have been unsolved. where are the cameras? where are the shows? it's outrage us to act -- >> hold on. >> black america should fear a non-black guy stocking a kid at night. the likelihood of a black person being killed by a non-black person is extremely remote which is why it's a big issue in the first place, piers. >> it's perfectly possible, as we've displayed on this show many times, it's justi

he defended larry summers. he said don't believe everything you read in the huffington post, which is a liberal media zation. he defended summers lock, stock, and barrel. ric mishkin, i have never heard a president get so active, involved in a federal reserve chairman discussion, debate, or whatever. i've never heard this before. what do you make of it, and do you think he wants summers to be his fed chairman? >> i really don't know. but i think the key thing to remember here is the decision about the fed chairman, it's a vote of one. the president really will decide this. you know, he has to take into consideration, i think larry summers will be much more controversial in the context of the confirmation process. but on the other hand it's really the president's decision. and it's what he's going to want to do. clearly, if he appointed somebody who everybody thought was a disaster and was incompetent. but that's not larry summers. larry's obviously a great economist but with some real baggage too. >> i've got t

i'm larry kudlow. tonight we're breaking down the brightest and best idea in finance and dlis from cnbc's delivering alpha conference. we're back with abigail doolittle, michelle caruso-cabrera and art hogan who has now finally made it to the studio. all right. it's a very bullish comment today from john paulson that was earlier. let's send it over to our pal josh lipton. go ahead. >> hedge fund billionaire john paulson became famous when he called the subprime crisis in 2008 and now he's very bullish on housing. take a listen. >> i'm not sure if housing prices will increase 10% every yore, but it's likely over the next five years they will increase by at least 5% to 2%, so there's still a lot of upside. it's not too late to get involved. housing starts were up 50% from the trial, and that's what created a lot of excitement. in order to meet demand you're going to meet new home construction so i think that the rate of new home construction will continue to increase, and that's going to benefit the over

>> well, absolutely, larry. and let me tell you this, that we've created $5 trillion of wealth this year. that is offsetting any drag that you're getting from a $45 billion of cuts and sequester this fiscal year. so the economy is dynamic. the second point that i'll make on this, larry, is really the fact that some of these models prove to be wrong on the way in, and now on the way out. they projected the stimulus would create all these jobs. they're projecting that they're going to lose all these jobs, they're not. the dynamic of the american economy. >> i love how in one breath, you decry the 2% growth we've had and in the next breath, you say it's helping grow the economy. we would have $750,000 more jobs this year if it weren't for sequester. >> the sequester cuts went into place, the budget cuts and the sequester cuts just went into place. >> that's not true at all. it's not true at all. t >> the sequester started in 2013. we'd probably have a better economy. >> the cutting started in 2011. look at the unit

no matter how much lobbying larry summers and coterie. you can deploy and so far she says i think that janet yellen is going to be the next fed chairman but larry summers is an extraordinarily capable of. he knows how to swim the washington. so unlikely i would think that he could very well wind up in spectrum and i think that if he doesn't beat us off. because he's terrible but you know you never know you never know but let me go back to something you said before you were talking about money printing and critic and i know you're also talking about hyperinflation on your blog critics say that we haven't seen the price inflation yet you know and we have these almost now two trillion dollars in excess reserves do they really matter. what i think they do the thing is prices have risen so far. specifically oil and gold have risen since two thousand and eight but they've doubled since then since their two thousand a levels right and so i wouldn't go so far there hasn't been even i say it's obviously not a deflationary pleasure pressures have b

larry would get up. he will look at them and the first words out of his mouth -- you know, i feel very comfortable with you people. in fact, i feel so comfortable, i am thinking of using the true form of the verb instead of usted. i was laughing my ass off. it was so funny. the audience was like an oil tank. he had no idea what they were looking at. he kept on going. as said, i think a lot of people miss use the tu form of the verb. for example, when it they stabbed caesar. he said, et tu brutus? is that policies are, i just step do, if there's any time for usted, it is now. tumbleweeds down the aisle. larry would say, the hell to all of you and he leaves. but we knew that someday, somehow -- no one would predict what would happen to him, but we knew he was a genius. >> what about billy? >> nicest guy in the world. what you see is what you get. when i wrote "700 sunday's" with them, i was honored to do it. direct for long island jewish family is not really a stretch. he has a real big heart. there are no

that would be much more of course with larry summers.actually a lot of information about his views but janet yellen is the agent of continuity and larry is more of an unknown. there will be more volatility if it looks like or if we know by then that summersi is going to e the next chairman. >> what kind of chairman do you think we need where we are facing the tapering and the unwind of this -- i don't want to say gray trade but the unwind of this program? do you think we need the continuity? >> an insider has never been more important than at this point. that's because janet has been there during the period of exceptional policy and unconventional policy and the whole discussion of the exit and the challenges of exit and what the sequence is going to be. summers is incredibly smart and a fast learner. that's an advantage that certainly goes to janet yellen. other than that the important things are being both a consensus builder and leader that might seem incompatible but you have to build a consensus around your views and you're going to

would go with larry summers? them are very well qualified. >> ever the diplomat. dennis gartman, lets say it were larry summers, how would the markets react? >> i think the markets would be per tushed if it were larry summers. the position of federal reserve chairman requires a great level of diplomacy. i have my serious doubts as to mr. summer' ability of that. the chairman has to be benevolent, not men every lent. he tends to make people upset. i think mis yells yellen or ferguson. >> what do you think mr. bernanke is going to say? what should we expect here? >> i think the fed put itself in a trap when it started talking about forecast based decision-making. i don't know what that is especially if their forecasts are as bad as they have been in the last few years. that means i got to figure out what the guys intent. how is he going to interpret incoming data. i think he backed away from that. that is the only way the fed can make a decision. i personally think the data is going to be disappointing. i don't thi

it is a huge business that has made larry ellison very, very rich. you were briefly, a month, the world's richest man. >> absolutely. that was one hell of a month. everything was different. >> we can joke about it, but you liked it. >> oh, sure. >> you were the one. >> [chuckling] for 30 days. >> microsoft corporation, bill gates. >> he revels in it because ellison becoming number one meant somebody else had to be number two. and that somebody was bill gates, whose microsoft towers over all the competition, including oracle. >> it's an exciting game that's going on right now, and it is to some degree a game. you know, microsoft's in first place, we're in second place. we're trying to catch them. they're not making it easy. they're an extraordinary company. they're the most important company on earth. >> they've got $50 billion on the bank, and you've got 5, 6 in the bank? >> [chuckling] yeah, we're-- we're far behind. they're three times bigger than we are. they have a monopoly. we don't. darn it. >> yeah. >> [laughs] [rowing machine zipping] >> elli

john: larry, whoa. i'm sorry. thought you invited me to have a conversation about race. >> john: that's how you have a conversation about race, is it? >> that's how everyone has a conversation about race. haven't you been listening since the president's speech? >> america's first black president coming out this public and basically calling america racist. >> you know how you felt on 9/11, that's how we feel when it comes to race. >> so-called black leaders are running under a cloak of victimhood. >> these folks will be angry about one thug getting killed. >> president obama is a global george zimmerman. >> white people don't force black people to have babies out of wedlock. >> john: true. ust like no one is forcing bill o'reilly to be such as [bleep]. [ cheers and applause ] >> john: that's technically true. >> my point, john, we can have a conversation when we're not even on the same page. or even in the same book. >> john: true or even in the same library. >> you're not in the library. maybe that's how they do i

[applause] >> thank you, larry. good morning, everybody. you know it's really exciting to be here this morning. i know our city administrator and the project director are here to join doreen and monique and supervisors for the free samples, keith. on this kind of day, we were actually looking forward to the old distillery, the potrero ride, that will keep us warm. but it's unique. when you look at the history of those years with fritz maytag in the 70s. and i was in law school during that time. i won't tell you how much beer i drank, being a cal-berkeley guy. but larry, i compare what the giants went through in their history and anchor, and you see similarities. we almost lost both companies and then that he:-- then they rebounded. and they are in fantastic growth. and they are both in my opinion, you are made in san francisco, you are the anchor of this. a large manufacturer. but i also associate with you giants. because they are the manufacturer of the world series championship. that's a great combination. you will be able to create addit

larry king now the. world renowned spiritual teacher and his son andi prox latest book god in the peace today is dismantling the idea although the human being some dead weight made in the sky i mean nobody believes that god anymore pandavas revealing documentary about his father i think that humanizing of him will hopefully make his message that much more powerful plus did you grow up inside of a church you know that's next on larry king now. well going to another edition of larry king now tonight deepak chopra the new york times best selling author considered to be one of the manston teaches of eastern philosophy in the western world also found of the chill percent of full well being his newest book is god a story of revelation it's an exploration of the evolution of god is a novel and drop them chokers with a deep dark son the author and filmmaker his new film a documentary about his dad called decoding beanpot which is playing in select theaters around the country it's also available on demand for tal

how about a round of applause for larry? thank you larry. bringing in our dancers. (drums). good to see you. our southern and northern dancers. welcome ladies. welcome. followed by our jingle "dancing with dancers. welcoming our dancers as well. our northern traditional dancers followed by our grass dancers. how about a big round for applause for all ours dancers? good to see you. (drums). going over to our group over here. flag song. please. long before the national anthem composed by francis scott key the 50 people that this land. >> >> the first people that this land had these fight songs, national anthems for these tribes, paying homage to the first flag of this land, the eagle staff. remembering our veterans as well, the warriors whether going to battle or returning from battle paying homage to their service, paying homage to this flag. always honored our veterans, our warriors. (chanting) (spiritual chanting). remember our fallen veterans and those still in battle. going into a victory song. here we go. everybody dance. (drums). go dancing rocking san francisco city ha

today he defended larry summers. i think he's defending them both because he knows larry summers we know he first came into office he was a mentor for him. that notwithstanding i think he's a terrible choice, but the president was there defending him. he said that larry summers is a good man and people taking him now right now are not going to forget the people who took him down. and he said he's not going to hold it against these people as well that were taking him down. he turned around and made a joke but they were being critical. he said i'm not going to be critical of you when i hear people criticizing you. >> critical or not you have to say that this is a litmus test if president obama is for wall street. layer i couldn't summers seems to not have found god under deregulation, and janet yellin for the post, she seems far more responsible in this regard. if obama backs summers it will be a litmus test. >> how often have you seen president obama defend his nomination choices, his policy to republican? he'll do wh

>> well, absolutely, larry. the reason that stocks are going to rise while interest rates rise is because interest rates are rising because the economy is getting better. this isn't hard stuff. the question will be is when we get back off of the fed ventilator if you will, we need earnings growth. but today, right now, today, stocks are still under value. >> right now. >> right now. >> all right. my -- let me go. you have some interesting stuff besides transports. home builders booming today. fedex had a big day. amazon, honey well, starbucks had a big day. what do you like here? how do you leverage your dow 20,000 into specific picks? >> there's no way you have that pleasant an outcome over the next several quarters, larry, if you don't have techs and financials in the forefront. the banks are up 24% year to date and you have stock less than ten times earnings with nearly nearly a 3% yield. in the blue chip tech stocks they're ridiculously beaten. you have an earnings of less than ten times, you have intel, goo

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connell: larry summers.about the vulnerability of shipping and aviation. a huge concern. corporate america and john roberts from fox will have a special report. cheryl landon said it for you next hour of overage of markets now. ♪ [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. five i am dennis kneale. cheryl: i am cheryl casone. there will probably be no decision on the fed chairman until this fall. there is already a stir on who the president will choose. dennis: a new fox investigation. a huge concern for corporate america. john roberts will have a special report for us this hour. cheryl: honeywell. two of the tree of minors have wiring problems. dennis: the summ

i have three teenage sons, larry. i don't want -- >> no, you live in a very wealthy area, gated community. >> potentially killing my kids as they come home from the store with a bag of skittles and a can of soda, no. >> you live in a wealthy neighborhood, plenty of security you don't have to worry. come down to south central sometime. see what is going on down there. they aren't worried about george simm e man or the thug down the street coming from a sink l parent household and that situation is created by the left-wing people like you that feel sorry for people and want government to take care of them. you think government is the way to prosperity. go to an indian reservation -- >> larry, i do feel sorry for people. let me get back to rachel jeantel -- >> you're thinking of the wrong things to do, i feel sorry for you. this person shouldn't have cross-examined you the way he d. all you're doing is creating a victim. you're telling rachel jeantel she shouldn't have to work hard or work on her dictionary or improve he

larry, let's go to you first. one thing i thought would weigh more heavily on the market than it has are comments of kansas city fed president esther george. she wants to taper, everybody is talking about when they will taper. she wants to begin tapering of bond purchases right now. here's what she told peter barnes bit. i want your reaction. >> i think it is time to begin to adjust those purchases. the labor market has for the last six months pretty steady gains of close to 200,000 per month. that is a good indicator that there has been sustained improvement here. david: now she of course is in the minority as a hawk but what does the market telling you about where the momentum is on the fed, whether they're moving toward her or away from her? >> well right now there is a big disconnect people say on one hand you have the big hawks like miss george who want to start tapering sooner than later. on the other hand how do you put your head around the fact we might have zero handle gdp figure coming up? everybody is r