. >> host: larry downes, do ma gel loan, tomtom, garmin, do they exist anymore? >> guest: they do.frankly, they're much smaller. they lost a lot of the value of their stock, their revenues and products. they still go in more specialized markets. you might still have an in-dash device in a higher-end car. they would be the makers of that. but as far as that consumer business where you bought your own little stand-alone gps device, that business is pretty much gone. >> host: walk us through the four steps of "the big bang disruption." singularity, the big bang, the big crunch and entropy. >> guest: right. so this is sort of the new life cycle we see for how innovation enters, saturates and then leaves markets. and we picked those names, of course, these are all names from the big bang theory of the universe. we're using it, obviously, metaphorically. but what we say is this initial period i was discussing where all these experiments are going on, that's the singularity. it's very cheap now to do experimentation. you can find people to fund you, you can work with off-the-shelf compone

coming up next, "the communicators" with author larry downes, talking about his book the bang disruption" about effect that technology is having on today's business. following a discussion with nsa director mike rogers. andr, the south carolina republican debate. >> c-span. created by america's cable companies 35 years ago and brought to you as a public service by your local cable or satellite provider. >> larry downes, "big bang disruption" is the name of the book. what killed off ran back now he -- rand mcnally? >> a series of things. go online and get a map and printed out. what came next was the standalone gps devices. they told you where to go. after that, the smartphone killed off everything. >> how? >> you have the device, the network in place, you are paying for it, you have the app stores were software can be automatically downloaded and google realize they had the mapping data, they had the gps data, they had the government data and they said there is no reason why we can't put that together and use this existing network and offer our own navigation app. they did. mapscreated g

coming up next, "the communicators" with author larry downes, talking about his book the bang disruption" about effect that technology is having on today's business. following a discussion with nsa director mike rogers. andr, the south carolina republican debate. >> c-span. created by america's cable companies 35 years ago and brought to you as a public service by your local cable or satellite provider. >> larry downes, "big bang disruption" is the name of the book. what killed off ran back now he -- rand mc

. >> host: larry downes big bang destruction is the name of the book. what killed off rand mcnally? >> guest: 's a series of disruptors that entered the market and they're all better and cheaper than printed maps of the first thing with the internet. we could get a map on line printed out didn't need to lug around the big looks anymore but then of course what came next with a stand-alone gps devices that not only gave the map but the directions and told you how to go and well after that -- disruption. the smartphone you have the device and you have a network in place. you are paying for it and you have the app stores where software can be automatically downloaded to an an google realize they have the mapping data. they had the gps data and they said there's a reason why we can put that altogether and use this existing network and offer our own navigation maps so they did. they create a google maps downloaded it to millions of android devices and a couple of months time and suddenly everybody had a free, better, cheaper and more customized navigation tool right on their phone. they d

and larry downes, project director at jonestown university. thank you all for joining us.he move in new york sounds optimistic. >> it has to get through the senate. we don't know if that is going to happen. there is a lot of backroom deals going on. in new york there are a lot of compromises. there is fighting between the dealers and the automakers themselves. they're using this -- it is like world war i ended and we froze the up-ice lobbying countries. -- froze the yugoslavian countries. when they broke apart all these old fights comeback 100 years later. >> i read the tesla release, the governor's release. it suggested that peace and growth for tesla. they can keep their five stores. and they can open up more stores. under the new franchise law. tesla doesn't want franchises. tesla is stuck with five stores. this comes on the same day they talked about the model x. that they are looking at in 2015. >> go ahead. >> they are only selling 22cars. how much could they make. that is one thing. another thing is this will change in the future. people want to buy cars this way. t

warriors owner sat down with larry beil last night and addressed those concerns. >> if we're the only area, it's one area. our fans are 50-50 east bay, 50% west bay. we're confident they're going to stay fans of the team. they'll show. issue is will we maintain the same atmosphere? it's something i worry about every day. >> you're concerned? >> absolutely. concerned in the sense i don't want to make a mistake to have it not be the same atmosphere. >> how do you preserve atmosphere? >> well, we can make sure the size is appropriate in terms of the design. because making sure every seat is in order we modelled on oracle. >> tonight 49ers announced today their 25th inductee in the 49er hall of fame november 1st. he was one of three head coaches in nfl history to win during his rookie season. one of the most under rated in the history of the game. this abc7 sports report brought to you by orchard supply, hardware. >> his personality is understated. >> great guy, too. >> joins me tonight at 9:00 what santa clara county is planning after finding motorcycles with west nile virus, then, at 11

warriors owner sat down with larry beil last night and addressed those concerns. >> if we're the onlyin the bay area, it's one area. our fans are 50-50 east bay, 50% west bay. we're confident they're going to stay fans of the team. they'll show. issue is will we maintain the same atmosphere? it's something i worry about every day. >> you're concerned? >> absolutely. concerned in the sense i don't want to make a mistake to have it not be the same atmosphere. >> how do you preserve atmosphere? >> well, we can make sure the size is appropriate in terms of the design. because making sure every seat is in order we modelled on oracle. >> tonight 49ers announced today their 25th inductee in the 49 hall of fame november 1st. he was one of three head coaches in nfl history to win during his rookie season. one of the most under rated in the history of the game. this abc7 sports report brought to you by orchard supply, hardware. >> his personality is understated. >> great guy, too. >> joins me tonight at 9:00 what santa clara county is planning after finding motorcycles with west nile virus, the

federal agents raiding this home, taking down one of the best-known prostitution sites n the internet. good evening, everyone, i'm larry beil. >> i'm ama fgs daetz. fbi cracking down on an fbi sex site agents call a front for prostitution. tonight, two people were arrested one house is in mountain view. we're live from there with the latest. >> this is where eric lives. he operated a web site that facilitated prostitution. the goflt is trying to get him to forfeit $5 million. agents pounding on the front doors at 8:00 in the morning. >> i look down here and i go, jesus. fbi police all over the place. what in the world is going on? >> fbi and irs had a warrant to search for, and seize evidence to the web site my red wook. 53-year-old who goes by the nickname red was arrested at the same time. these photos taken by a neighbor. he and a 40-year-old from rockland are facing charges of using mail and internet to facilitate prostitution he also faces money laundering charges. neighbors say they lived on the same street, several described him as private and reclusive. >> very private person. okay? and you know, i'm always ask

you know you're helpless case and so on so that and the lawlessness on our border i was down of the border larry just about two months ago and talking to a border guy he was saying look with today's technology look at the n.s.a. surveillance we have great surveillance we can see people coming off them over the border and he said i went to my supervisor and i told him our cameras are recording all these guys coming up the border and the supervisor goes move the camera meaning we don't want to show the american people what we're allowing the happen so this is bad stuff now they're. publicans i think where they're mistaken is this is a country built by immigrants immigrant spirit is totally american so i what i do is i would be very pro immigrant but i would want entrepreneurial immigrants who love america who want to be part of the israelis people coming in want to come in they want to succeed no no no no they're coming in for stuff but there are two ways to get stuff one way to get stuff is to work for it and earn it on the other way is simply to become eligible for it so we have become we're now

down. >> larry schoen, can you tell us something about your corner of the country where bowe bergdahl grew? >> this is a beautiful part of the country. idaho is a state with more wilderness than any state in the lower 48. people come here to recreate and be part of the great outdoors. our community is small. it is about 22,000. it is made up of people who have come to live here and visit here from all over the world. it is home to the sun valley resort, which was america's first ski resort founded back in the 1930's. it is a very close-knit community, well-educated community. people support one another in tough times. nature of this event, is to show support for the bergdahl family and sergeant bergdahl who has been held by the taliban for five years. >> larry schoen, yours is in an usual community and they have the great wealth of the celebrities like bruce willis and demi moore, their home there -- though they are divorced, but what they had there. and then you have working-class people. for example, you the bergdahls who moved from california, homeschool their kids both bowe and his old

. >> yore kworacle is a gift down. larry ellison will get where he needs to go.ill be waiting for this thing to settle and i will be buying it. >> wr grace. gra is the symbol. i like the stock. unusual call activity. they were buying a lot of upside calls. maybe this one is ready for an upside break. >> karen. >> yes. coach. if you want to initiate a position i think you still got to wait. there's going to be more fallout. why would i buy half back today? because the risk/reward are has changed a lot from yesterday before the analysts did. but it is a dirty company. one day it is a buy. just not tomorrow is the day. >> do you think that that one day is relatively soon or do you think that one day is like a year from now? >> somewhere in between. six months from now could be the day. >> that grace building in front of it. very slippery, the -- >> oh, yes, i know that. the sidewalk. >> the sidewalk. it is a little bit wet, that's a trade school for you folks. if you're going to tour manhattan this weekend, if it is a little bit slippery, be careful in front of the

to man named as persons of interest in a burglary case police are hoping to track them down and >>: this is larryord jr. also 19 years old of richmond. they're being identified as persons of interest in a recent home burglary and canfield. a neighbor says she had to manually by home and read lexus. deputies found the, ransacked then found the courage to follow the car but then the driver and passenger identified as going out at bradford were able to get a library recognize these two men for the content police the sheriff's department or the >>: cameron county terisa estacio kron4 news. coming out of tennessee flash flooding for washing rose after rain hit the road hard. this is and how all rock west of a natural for the note injuries reported about a bit warm up of the way of a more on the forecast and james fletcher. domestic live look were expecting some nice and sunny conditions through the right now the satellite view shows clouds really pushing up along the entire coastline of, or california. keith now are close to that about 53 began square on to start is to the temperatures climbed at gett

federal agents raiding this home, taking down one of the best-known prostitution sites n the internet. good evening, everyone, i'm larry fgs daetz. fbi cracking down on an fbi sex site agents call a front for prostitution. tonight, two people were arrested one house is innt mn view. we're live from there with the latest. >> this is where eric lives. he operated a web site that facilitated prostitution. the goflt is trying to get him to forfeit $5 million. agents pounding on the front doors at 8:00 in the morning. >> i look down here and i go, jesus. fbi police all over the place. what in the world is going on? >> fbi and irs had a warrant to search for, and seize evidence to the web site my red wook. 53-year-old who goes by the nickname red was arrested at the same time. these photos taken by a neighbor. he and a 40-year-old from rockland are facing charges of using mail and internet to facilitate prostitution he also faces money laundering charges. neighbors say they lived

larry shover, sfg alternatives chief investment officer down at the wild cme. larry i want to start with you. >> wild. david: let's talk about two things investors are looking at. one is friday's jobs number. we'll get the may job report and two, thursday's european bank decision. put those two things in perspective for us. >> well we have two potential game-changing catalysts and that is what the market is waiting for. consensus seems to think draghi will underwhelm. however there is a chance he comes with a big punch that will promote risky behavior all around the financial markets, whether bank lending, manufacturing and inflation. that matters. when it comes to the labor report on friday, it is not so much job adds or unemployment report although they matter. more about wage inflation. recall last month, it was unchanged. we're looking for a .2 increase. that is a best gauge for inflation in our economy. so, our broad narrative has not changed sentiments become a little bit rose ier. people are waiting for two reports thursday and friday. liz: indeed. gary,

>> larry, his apartment is located down the hall and sealed off.'re getting insight into his world a two and a half page letter posted to his account, then later a tweet sent out by his twitter handle. we cannot verify they belong to him, but at this point it does seem he's the author. in that letter, chamberlain chronicles a life of disappointment and depression, writing about losing relationships with his mother, a woman he thought was the one, and his best friend who worked with him as project sports last year. he says that sent him into a depression he got dark, and quote, scoured the intimate, absorbing fuel for morbid activities. that line there, a reverence to the raid where the fbi say they found explosives in his apartment. in a tweet, described as a panicked update, chamberlain says nothing they're reporting is true. no stashes, not armed and dangerous, no car rigged to explode a was depressed and let walter white get to me. i thought i was done. that is it. no one was ever in danger. but those who know chamberlain are worried he might be

larry summers is sitting down here at the aspen ideas festival this morning.th us on market eastern hour,0 9:00 mountain time this morning, so is the president of the aspen theitute. later in the day, former secretary of labor in the clinton administration now at talking toll be here me as well. i suspect we will talk about unemployment. a great day ahead of coverage here on bloomberg television live from the aspen ideas festival in aspen, colorado. back to you in new york city. >> it looks gorgeous. thank you. reportsorward to his live from aspen. keep watching for more from the ideas festival all day long. moving and shaking this hour, former ceo bob mcdonald. president obama will nominate him to run the department of veterans affairs. he is a grad who spent five years in the army. he will take over an agency the white house says has a correct -- a corrosive culture. and a lack of accountability. veterans complained they had to wait months to get appointments and officials state records to cover up those delays. in the four years he ran the country -- the co

already to coastal area and around the bay and tomorrow we see even inland location cooling down a bit larry. >> i'll take it. we'll all take it. thank you spencer. >> today the second spare the air day in a redo to the high pressure and low wind. air district officials predicted high level of air pollution and smog throughout the bay area today with unhealthy levels of ozone pollution motor vehicle exhaust. officials say the best way to cut the smog obviously is do less driving and they encourage commute investigators do their part. >> we are asking people to take transit. to tell commute. car pool just not to drive alone to work. transportation is the major source of summertime air pollution. other things you can do are not mow the lawn. not use paint. even not use consumer product like aerosol spray. aerosol deodorant. >> this happens to be the fifth spare the air day just since may last year only 6 all summer. calls for water cops vegas during california epic drought not being heard by everyone tonight. in fact one bay area community is actually using more water not less. 7 news the the

sat down with sports director larry beall last night on after the game and address those concerns. >> we are the only nba team in the bay area and really all one area whether you call it san francisco, marin, san jose, oakland. the bay area. one area. i think fans are 50-50 east bay and 60 percent westby so we are confident that they are going to stay fans of our team. give them a good product and they will show. the issue is will we maintain the same atmosphere. that is something that i worry about every single day. >> you are concerned then. >> absolutely. we are concerned in the sense that i don't want to make a mistake and have us not in the same atmosphere. >> how do you preserve the same atmosphere. >> wave good team. that would help. >> but we also second thing to do is make sure the size of the arena is appropriate in terms of the architect design. not too cave like staple center. lost so high we cap make sure the sight line are great for every seat closer than every existing seat and basically we model a lieutenant of the lower bowl in the new arena on oracl oracle. >> all ri

. >>> and coming up next, former treasury secretary larry summers sits down with me here in aspen.ever shy with his opinions on the biggest issues of the day. stay tuned for what promises to be an interesting interview when we come back. >>> plus, two wall street heavyweights weigh in on the markets and where they see the opportunity the second half of the year. david rubenstein and john calamos coming up. [ male announcer ] the mercedes-benz summer event is here. now get the unmistakable thrill... and the incredible rush... of the mercedes-benz you've always wanted. ♪ but you better get here fast... [ daughter ] yay, daddy's here! here you go, honey. thank you. [ male announcer ] ...because a good thing like this... phew! [ male announcer ] ...won't last forever. see your authorized dealer for an incredible offer on the exhilarating c250 sport sedan. but hurry, offers end soon. share your summer moments in your mercedes-benz with us. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ trai

many times when we had controversial issues come up before our board that larry has listens to all sides and in all cases he comes down on the side of the residents and the community on treasure island and i really appreciated him for that and my other colleagues did as well. he was unanimously elected at first, as secretary of the board and later elected unanimously as vice president. and there's no question about his strong leadership skills and his positions in the city as a labor leader i think that preserve is absolutely necessary on the board i strongly recommend his reappointments >> any public comment on that item? seeing none, public comment is closed supervisor campos. >> i guess it's possible to have more than one larry on the commission that i'm happy to move this forward with a positive recommendation. >> supervisor tang. >> thank you happy to second that we've having had strong leader and thank you director mazola i appreciate working with you if in general levelheaded and thank you for your service and let's move forward with a positive recommendation. >> seeing no objection that item passes. congratula

larry lessig. e.f.-s. his super pac you know breaking down campaign finance which is the root of the corruption of our political system in america i think he's somebody to watch the champion of copyright freedom he also created creative commons along with our shorts now of course was is no one really very talented to death by the m.p.a. well let me talk about the m.p.a. for a second because your documentary filmmaker am making a film about robert mablethorpe a scripted film and you know the iraq issue is definitely an issue. rather mablethorpe imagery shockingly overtly sexual images but let's start with the m.p.a. for a second because the m.p.a. . forces dad at the funeral or close thereby indicated that the head of the n.p.a. hounded his son to death essential because the copyright cartel as i call them the people that are being fought by larry lessig lawrence lessig. be you the question is you're in the filmmaking business and you competing for prizes very much inside the film business and the m.p.a. rules that business with it with chris dodd heading up the n.p.a. how do you live in that and still be active

larry lessig. e.f.-s. his super pac you know breaking down campaign finance which is the root of the corruption of our political system in america i think he's somebody to watch champion of copyright freedom he also created creative commons along with aaron schwartz now who of course was is not one really very talented to death by the m.p.a. well let me talk about the m.t.a. for a second because your documentary film am i making a film about robert mablethorpe a scripted film and you know the iraq issue is definitely an issue. rather mablethorpe imagery shockingly overtly sexual images but let's start with the m.p.a. for a second because the m.p.a. . forces dad at the funeral or close thereby indicated that the head of the n.p.a. hounded his son to death a centrally because the copyright cartel as i call them the people that are being fought by larry lessig lawrence lessig. be you the question is year in the filmmaking business and competing for prizes very much inside the film business and the m.p.a. rules that business with it with chris dodd heading up the m.p.a. how do you live in that is still be actively

larry. dan has the night off. >> big crack down on child sex trafficking and we were embedded with the fbi and local police on one of the raids. the fbi is calling it modern day slavery. and the agency director says these are america children who go missing and are then exploited. police from every bay area county took part in the sting and as a result 6 children have been saved from being forced to sell themselve themselves. abc 7 news reporter vic lee reports. >> why do you do it? >> for money. for money. i guess the easy money. >>reporter: shawna not her real name says she can make 100 dollars and more per client. she's 29 years old. and has a daughter. shaun a selling her bod buddy since 17. she was pimp pd bay man who knew her step sister. >> he kind of like wheeled me into it. >>reporter: so you were tricked into it. >> kind of yes. yes. i was scared. i was stuck with him for 6 months. >>reporter: she's one of 11 women taken into custody friday night in san rafael. one was eight months pregnant. all were interviewed by police and advocate from support groups. if he they had no outstandin

down under president obama. simon rosenberg is a former clinton presidential campaign adviser and larry o'connor is a radio host., is it all how we look at the numbers? simon, you first. >> deportations are up. and the flow is way down. under george bush, the undocumented population of the united states grew from 8 million to 12 million. under obama, it stabilized. there's been no increase in the undocumented population. we've gotten the border under control. that's why the administration -- keep in mind, we're using the word cross over for these kids. they're not crossing over. they're getting caught -- >> what are we doing with them, larry? >> this is a humanitarian crisis now. >> it is a humanitarian crisis created by this administration. how can you say the border is secure? these poor children are being put in warehouses, being sent across the border by their parents who are back in mexico because they want to give them a better life. and president obama promised them that better life because he proclaimed for an election year ploy in 2012 that he wouldn't deport these kids. and don't tell me that deportati

posted a message saying the campus is under lock down we'll continue to monitor this situation onthe air and online at twitter. good afternoon, everyone, i'm larry beil >> a wanted homicide suspect is dead after an officer-involved shooting in sunnyvale. officers were attempting to serve a warrant in a home this morning. they say they arrived and the man had a gun. tiffany wilson is live with details. >> you can tell, streets behind me are closed off. there are two investigations going on now. the first is that officer involved shooting and the second, a search for evidence with a woman says was an acquaintance of the man shot. she went missing about a year ago. officers believe he was involved in the death. this neighborhood is more accustomed to summery sound of wind chimes than the harsh crack of gunfire. >> said there are 12, 13 shots there. he heard the police and everything. >> video shows the truck in the yard a sign of urgency the situation became violent. officer was the sunnyvale department of public safety say they tried to serve a warrant for the suspect of a homicide investigation a broken door is evidence he didn't comply. they for

larry is here. lots to talk by. i am ready to make my voice heard. >> screaming. >> my specialty. warriors downone splash for the next season. great tm son for who? for what? for what? that's >> good evening. a's best record in baseball this year. tonight hosting the best team from last year defending world series champion red sox were struggling right now in fourth place in their division. cheryl burke where are you? these guys just really need your help. bottom of the thir third. he need no help. he's not mine, he's yours. solo homer 14th of the year. 2 nothing a's. man on for dusti dustin. former mvp just enough of this. it's a wul. off his glove. 2 run homer 3-2 a's go 7 innings. allow the two runs struck out 8 and just browsing. 9th victory giants had the day off. by this time next week thompson may a member of the timberwolves. working on deal to land love. joy these rare big man to somewhat the 3 and gobble up rae bound afternoon 26 points, 12 board last seaso season. were yours apparently reluctantly include thompson along this deal and first round peck. tray may final next wee week. ve

larry king twenty years after what was dubbed the trial of the century i sit down with this most famous witness. you had a black man and a white woman and it was a sort of the first of its kind and being televised a lot of lawyers work the camera they knew the audience wasn't just the jury they knew they had to work america certain things to not when i was looking at o.j. he would wave to the jury a lot we could come into the courtroom you can see that on the cameras but i was amazed the jury and they loved him they loved him and you were the first reality star i think people saw the trial a lot as a soap opera and i was scared of the character i wasn't the real frank you know people that you were a kind of a target people made fun of you to this day there's still hate going on this is this i hope that you die soon your children too if you ever found a woman to carry a worthless seed enough plus my opinion is i think oh she's guilty all next on larry king now. welcome to larry king now tomorrow june seventeenth boxes will be nice here marks the twenty of that a mercenary of the case tha

year-to-year place to be with good carry roll down, that is where we see the investor flows. liz: larry, what do you do with stocks, do you pile in now? >> you have to have a portfolio that is diversified. we have had the wind at our back for four years, favorable policies, favorable fiscal policy, low valuation, growing earnings, a lot of that is not quite the same now. there is a little bit of a headwind here. you should have a diversified portfolio, some alternatives, some things that are non-correlated, not a great time to pile in. liz: when do we see the rates taken? >> the consensus projection i think, and you see this in the fomc data, left off will take place around the middle of next year and i think the general if you look at whatever it is labeled, you see may be some gradual increase in rates to a level that will be lower than the longer term historical norm. certainly make a case that is a reasonable projection. to me this has a lot to do with investment. if you are making investment decisions, you have to take things seem like they are not changing and longer-term view. at

larry is here. lots to talk by. i am ready to make my voice heard. >> screaming. >> my specialty. warriors down one splash for the next season. great tm son for who? for what? for what? that's t budget can be a real bear. that's why they've got lots of ways to save. real big club card deals, the safeway app and gas rewards. this week, fresh driscoll's strawberries are perfectly sweet and just $1.99 a pound. foster farms fresh whole chickens are only 99¢ a pound. and arm & hammer detergent is just $5.00. there's more savings to love... at safeway. ingredients for life. >> good evening. a's best record in baseball this year. tonight hosting the best team from last year defending world series champion red sox were struggling right now in fourth place in their division. cheryl burke where are you? these guys just really need your help. bottom of the thir third. he need no help. he's not mine, he's yours. solo homer 14th of the year. 2 nothing a's. man on for dusti dustin. former mvp just enough of this. it's a wul. off his glove. 2 run homer 3-2 a's go 7 innings. allow the two runs struck out 8 and

i just spoke to a source down there not too long ago, larry diablo.anages several departments there that have to pull double duty now essentially not only pulling the regular responsibilities but now filling the role as border patrol agents from time to time. he tells us that seems to be what everybody believes, this rumor is spreading like wi wildfire. >> what is the rumor? >> if you go now, you'll be granted free passage where your family is up north. east coast, west coast, simply northern states. not only in mexico but central america. many folks being apprehended on the border are otms other than mexicos. one point i worked down there at the border you, had to seek out the individuals if you wanted to tell their stories. the undocumented people now, you basically have to do a stand out there. these people are now running toward law enforcement instead of away. >> and it's heartbreaking, especially when you see the little kids who are coming across. not just the hundreds but by the thousands. their parents sending them under this rumor that if the

i walked in and i sat down they have the big tv to keep the new ways from the back as people crying so there is a big tv on the shelf and larry king is on of course, cnn. he is interviewing someone i have no idea who she was but i looked down under the television were straitjackets so i am convinced i have gone around the bend they will take me away. slicer to cry and i am rocking back and forth in that is when the psychiatrist walks out so i am sure i made his day with that. great. field grade officers broke in and crying and shaking on the floor. i got the treatment i needed to get me home and abroad my soldiers home i was home for about four months been deployed to iraq. i spent time there and came home then i got a phone call from a friend that said you are about to be mobilized again and sent to iraq which i thought was irony being a rack with the state department when the army called. i began arguing so they said you will volunteer to come back so we don't have to mobilize you can have your choice of assignments. that means different things to different people that did it in the democratic republic of congo or sudan. i

vietnam was a war that was once without funding and to hold down a terrorist was also a way that we wanted to we cut funding and pulled out good. larry that's utterly utterly utterly completely not true and if you listen to folks like john mccain who always believes we should arm the rebels which is his solution to everything and putting our men and women in harm's way once again to solve a quagmire of a situation that we've created let's be very clear about this that was created under george w. bush this president what are our men and women back home in the safety of america and now we've got to figure out a solution and to be honest with you this government the iraqi government has got to stand up this cannot always be america's nightmare the iraqi government has to stand up and say we're going to take control what this president what the president of iraq need to do is reach out to the sunni's reach of the shias make concessions and find a way to run his government we do it here in america they do it in india they do it in pakistan they do it all across the world people come together different factions come together to rule a coun

larry is here. lots to talk by. i am ready to make my voice heard. >> screaming. >> my specialty. warriors down one splash for the next season. great tm son for who? for what? for what? that's >> good evenrecord i best record in baseball this year. tonight hosting the best team from last year defending world series champion red sox were struggling right now in fourth place in their division. cheryl burke where are you? these guys just really need your help. bottom of the thir third. he need no. . he's not mine, he's yours. solo homer 14th of the year. 2 nothing a's. man on for dusti dustin. former mvp just enough of this. it's a wul. off his glove. 2 run homer 3-2 a's go 7 innings. allow the two runs struck out 8 and just browsing. 9th victory giants had the day off. by this time next week thompson may a member of the timberwolves. working on deal to land love. joy these rare big man to somewhat the 3 and gobble up rae bound afternoon 26 points, 12 board last seaso season. were yours apparently reluctantly include thompson along this deal and first round peck. tray may final next week week. vet

down. that's not really cool when you go to the low 90s. >> thanks, sandhya. >>> time to turn our attention to sports. >> larry beil is here with more on theeal we were talking about cap and the 49ers. >> colin kaepernick thanked a lot of people for his contract. including a teammate that may surprise you. >>> good evening. the 49ers really didn't have to give colin kaepernick a contract extension right now. but as crazy as it sounds to say a deal is worth potentially $126 million is good sense, it actually is. mart in dollars and cents this is the going rate for the franchise quarterbacks. kap is only taking 12 of the 61 million guaranteed right now which means the deal does leave room for the 49ers to resign other key players. the window to win a super bowl was the next couple years. you do not want an unhappy quarterback wondering about his money leading your team. this deal will be win-win for everyone. >> there have been too many people who have helped me get to this position. from the organization to my family and even alex smith, the time i spent with him. i don't think i would be able to be at this point so quickly if he hadn't bee

the yield comes down, and this is part of the stability. larry volatility. it is an extraordinary time period to live through right now where what we're talking about is where the fed is going to be in december 2015. and this has been in about a 30 basis point range for about eight or nine months now. okay? and then take a look at the new fed funds forecast. this is the median. 1125 is really the number there which was up 0.8. 20162.5% up a quarter the long run 3.75 that's down a quarter. but i have been calculating by the way this hawkless. warren picks out the top three guys and it's much more muted. the long run, the top three is 2.5. goldman saying changes to the june fomc statement were limited and on balance just slightly more dovish than expected. the weakness in wage growth remains a key policy driver keeping an eventual rate liftoff pushed back probably not until the second half of next year. this is how yellen thinks about wages. noninflationary wage growth is inflation which is at 2% plus productivity is 1%, that's 3%. we're currently

down. that's not really cool when you go to the low 90s. >> thanks, sandhya. >>> time to turn our attention to sports. >> larry beil is here with more on the deal we were talking about cap and the 49ers. >> colin kaepernick thanked a lot of people for his contract. including a teammate that may including a teammate that may hat stayinou. that's why they've got lear. that's why they've got lots of safeway app and gas rewards.are this week, dulcinea mini watermelons are just $2.50 each. mayonnaise is a must. best foods mayo is just $2.99. and get your spoons ready. ben & jerry's is a tasty $2.99. there's more savings to love... at safeway. ingredients for life. heat shields are compromised. weare those thrusters burning? that's a negative. what's that alarm? fuel cell two is down. i'm going to have to guide her in manually. this is very exciting. but i'm at my stop. come again? i'm watching this on the train. it's so hard to leave. good luck with everything. with the u-verse tv app, the u-verse revolves around you the u-verse revolves around you the 49ers really didn't have to give colin kaepernick a contract extension right now. but as craz

down within a mile of each other yesterday. it's estimated that one of the tornadoes may have been on the ground for over an hour. one resident, larry took cover in his neighbor's basement. >> we seen it coming. we watched. it was moving awful slow. we went down to the basement and it took about 2 1/2 minutes, it was over. >> when mr. nelson walked out of his neighbor's house once everything had cleared, he found his home leveled. he says that he doubts he will rebuild. in the mann time, the town of pilger, nebraska, remans under a state of emergency. reporting live from the digital operation center, i'm rosemary connors, nbc 10 news. >>> today governor chris christie will expand a program that lous police officers to carry a drug that can quickly reverse heroin overdoses. christie will announce police in every county will be trained to administer narcan. it can reverse an overdose that would likely otherwise be thand h 6:16 right now. an off i had duty police dispatcher in middlesex county is being hailed as a hero. seven people were in the home when it caught fire yesterday morning. five people got out on their own. two people wer

larry lessig. political system in america create a creative commons along with their. now of course was is no one really very down to death by the m.p.a. well let me talk about the m.t.a. for a second because your documentary film am i making a film about robert mablethorpe a scripted film and you know the arrest. definitely an issue. with our imagery shockingly overtly sexual images but let's start with the m.p.a. for a second because the m.p.a. . at the funeral close there indicated that. the head of the n.p.a. hounded his son to death a centrally because the copyright cartel as i call them the people that are being fought by larry lessig lawrence lessig. be you for the year in the filmmaking business. competing for prizes very much inside the film business and the m.p.a. rules that business with it with chris dodd heading up the how do you live in that is still be actively challenging the system well it's interesting max the inside hollywood there's actually different you know hollywood is not just one machine in fact robert redford who's a mentor of mine in sundance labs. is an incredible proper thorpe throug

>> good afternoon, everyone, i'm larry beil >> beginning news in the oakland hills, firefighters looking for a fire bug. crews just knocked down fast-moving fires that are now contained. >> abc7 news reporter allen wong joins with us more on the investigation. allen? >> yes. just a half an hour ago, oakland firefighters put out a spot fire across the ridge up there. and this is a the fire started around 2:00 this afternoon. it took about 300 feet of crews to get down there. when they got down there, it's full of poison oak. it took two drops to suck water out of merit lake. four alarm fire, with 90 firefighters total. let's take a look from sky 7 hd. you can see winds. that is what probably saved this thing from going as far as it did. we're only 3 to 5 miles per hour. this is off of mark and lemur just south of highway 13. turning live now to lisa baker with the oakland fire department. you're calling these very suspicious? >> we have three fires burning in various steep terrain, then, a half hour ago, a fire at the top of the canyon approximately ten by ten. >> so two main fires 12 acres, other about three and a half. if the

down. the customer may have saved the clerk's life. abc7's david louie joins us live with what happened. this is wild stuff. >> reporter: definitely wild, larry. several people inside of the liquor store when this robbery happened. no gun was used but the robber did lob the clerk with several liquor bottles the clerk was badly beaten. then, the clerk was badly beaten, then, a customer stepped in the man asked and asked for price of bottles behind the counter the clerk turned around, the robber stepped around and began to grab cigarettes and liquor he began throwing bottles at the clerk. the clerk defended himself using a long wood pole more bottles were thrown the robber took down the clerk and started to beat him. notice the man in the red shirt. he is a customer. and he intervened beyond range of the cameras >> he steps in between and the suspect flees the store. >> there is a hero in the story? >> yes. in this case it made the suspect stop and rethink he fled the scene. >> the man in the red shirt was standing here just feet from where the attack was happening. if you were standing that close, in this situation, what would you do? >> maybe

down. that's not really cool when you go to the low 90s. >> thanks, sandhya. >>> time to turn our attention to sports. >> larry beil is here with more on the deal we were talking about cap and the 49ers. >> colin kaepernick thanked a lot of people for his contract. including a teammate that may surprise you. most people don't know how to choose a new dentist. that's where we come in. we've helped over 8 million people find the right dentist, and we can do the same for you. call 1-800-dentist today. ♪ call 1-800-dentist today. ithe part of us that a littwants to play,on. wants to be mischievous, wants to run free, all you have to do is let it out. find your inner minion only at the despicable me minion mayhem ride at universal studios hollywood. vagisil asked women if they have dry intimate skin. turns out, 1 in 5 of us do. let's do something about it. new vagisil moisturizing wash. the only wash created to cleanse and moisturize dry intimate skin. vagisil. your intimate health experts. the 49ers really didn't have to give colin kaepernick a contract extension right now. but as crazy as it sounds to say a deal is worth potentially $126 mill

larry from the emeryville camera. this afternoont was around 3000 feet deep. temperature were 5 to 15 degrees cooler than yesterday. and morgan hill it was down 20 degrees. yes we felt the affects of it. check out live doppler 7hd. low clouds. pretty wide spread right now and some fog reported near the coast as well. watch out in the morning. it's going to be a murky start. gust writ now out of the south west to 37 at fairfield. pretty go delta breeze will push that marine layer well inland by morning. from our sfo camera we see some low clouds. you know the drill here. tomorrow morning if you are playing in out low ceilings could create some delay so be aware of that. call your carrier. 53 in san francisco. 57 oakland. 58 in san jose. 52 m half moon basement here's our view from our kgo roof cam are looking at gray skies. low 50's right four santa rosa napa mid 50's concord and livermore. one last live picture from our exploring camera low clouds pretty much right across the bay brim there overhead. low included fog drizzle for the morning. a little warmer inland tomorrow afternoon and summer lik by week end you see mid 90's showing up here but not imme