i think i amam l lking at both des of the mmket.t. i i am looking at lected cyclical e expure whehere i i tk there will b a stablization and pick up as yo travel i ioo xt arars wll as se more defensive, less vatile namemes wherere have reasons to believe we can make money. okay. i can expand o some of osose. >> when uury toind thehe names that you anticipate, is theree a a certainin - instead factors, wtt isitit in particular that you u ar lookin r so that you make se u u are not payingngoooo mh forny ofhehese ococks >> you have to be disciplined o evaluations. a majorfofo retailer. a long hll in deliverytiti framam a company which i capabable of betwtwn n mo p protatae and t t skepepcicismn the market will gradaduayy erode. there is g goo opportunity to mamake good money. >> thisss about theamame a the s. marketet the numbers are verysimilar. but, ianant to ask you is i it possible that c connental europe with someoeone loweraxax r res thth the yi, is thahat going bebeming m mor ent me neuroy'al. >> i thinknk oneff the comommes you a

it's good when i am siing lking to someone like ana baker, we can point to the industry as the way don't want to do itanymore. wedon't beeve in free gos. we don't believe in, you know, 90% of the contract the wa it'written now. we don't belie in 0 deals, anyo that signs one of those, absolutely crazy. but it's free country anyou n do what you want ththinking is to introduce a new tist to th world, someone who dearto me, her musisoothes me. i am not a big fan of male vocasts. i usually when i do ballads,i use my higher gister. because love the female voice doinslow music. spoke too soon in stakening comparing bria's music to shay's music. i didn'mean that shsounde like he but there is romance in the music, like "love is stronger thanpride." and therwas romance missg in today's music. the best thg i could tell bria is try to do someing that is not happeningoday. trying to get in the niche, beuse you have a beautiful voice. but you got to do something with it th you don't he. and th's what she's ne. it's one of those sleeper records that if people ay and listen to all the way through, she g

i'm lking old. you're getting owlier and nothing happening. ose kinds of oughts enter, it's not the onomists lately. the esblishedaradigm they don't generallyepresent those nds of human emotions. i think part of what we're doing is influenced by psychology, by uroeconomists -- charlie: what is neural commission? >> ihink that's exciting new branch which i am n -- i am not a practioner of. trying to meld brain research with commission. we have to understandow the brain fctions. they put people in functional gnetic resonance imaging device watch wt's goingn inside their bin -- >> crlie: when they're doing what? >> making enomic decisions. and we -- >> charlie: like what? you make economic decision, buy this hem or not, whher i trade this securitor not? >> let me ve you example. in itzerland ty had peop play games with each otr, ecomic games wle they were -- i don't rememb the detail exactly. there was a point in the game when some playershowed vengeanceo each oth. in other wordsthey're not making a gd business decisio they're doing something whi

a fire broke out, and firefighters are lking at the structure. sports wise? >> unbelievable. we had a baseball performance today that will make your hair stand on and. phenomenal, giving a boost bonds, the way he threw a perfect game. i have got the highlights and the call from the biggest fans text in sports. how about this? >>>it's time now for abc7 sports. >>> roger goodell has reached a decision on michael vick. is expected to announce a conditional reinstatement, which could include a four-game suspension. it is reported that they met yesterday in new jersey for four hours and did that meeting vick apologize for lying aut being in a dogfighting ring in 2007. while chordal, it is supposedly tents. a rain makeup, and after two delays tonight, i will be the latest before the rain came. he served up this pitch, game- changer, deep right field. it was 2-0 cardinals, and things did not look good at that pnt. one out, two launched, right field, and everyone is running. thurston is in with the double. for-1 when the sky opened up. they delayed the guy game, but they are assumed

they we lking about the scene at the staples center.t as if this hot is far away like nevland where it's an effort to g to. it wilbe quite a scene think as fansealize this is where the family is going. we have amy palme with "in touch" magazine. chris jaing wastalking about michael jackn's chdren and pas and sayinghose brave words. our es are teang up. when you see a child front and center come out a say those rds, b lisa marie presley was abl to ep a lowfile until she got olde and decided she wanted to be in the celebrity world. is it possible to kee these children from -- i don't wa to say magazinlike yours, but lot of magazines that follo them. >> lisa marie presley gw up in a very differenttime. we're now in a world of internet technology, twitr, facebook, the world is a lot smaller these days, so the whol entire world just saw paris d really she just w so heartfelt, and i thinthe entire world ju fell in love with her today. peep want to people want know what happened to her >> princ william and prince harry live in the technology w

membs of coress refini his al refo pl w is the time >> tis whatthe debate congres all abou whetr 'lke lking and tinking d letting problem festg as more families d businesses go der mo americs lose r coverage ether we seize is oppounity, onwe might not have again for gerations,anfinally pa heth inrarm is ar 2 >>eporr:e prid wafinabi s desk before thaugu rece but hn ky ede s weekly radiaddress to ge a ower pac >>he idt ansome mocrats insimustrush this plan thro why? cause the re amicanow about itthe more ey oppose it. >>rerterat least se of thbl age. at a tea y in wa friday, is man says heppos prident obama'plan. >> this rerm n to do ght, not hu th'sthe reon i'here because i n't want ese kids bepa for of the caand rushed st that veen made >> t ite e ys presidt obama wiho ime timenews confer dny whe health care formis expecto topic number one. henin, abnews, washinon >>> a fire engine company is working out a backup pl becathfihoe is in ba sh it's more an century d and will neelot of work. we want e community to come o antake look the wish li. we havevery d ai coitioni, mattss that ne maresses

>> basicallyhe investment bank earneabout a dimmore thane were lking for and that'svery strong retur on equity and edit quality continued to worse particully on the commercial side. but they had to add less in reserves because they starte thquarter with a strong resee. >> susie: so t c.e.o. said today he doesn'txpect the credit card busine to make money this year or in 2010. and also there's a lot of these nonperforming loans that they ha on the books. so when you add it all up, wha kind of ape is j. p. morgan in? >> it has an extmely strong balance sheet in capital and reserbs, and i is profitable, so it's addingto both of those, so it quitetrong despite the loss that you're refering to. >> sie: goldman sachs ported strong earningsn tuesday, today we have these numbers from j. p morgan. wh you add up what we' hearso far, howould you characterize the financial health of the banki stem, from these two outfs? >>ell, there certainly t revenue sidef the equation whic remained qte strong in the seconduarter, got a lile weaker in t third quarter as thing slowedown. but the fixed income mar

talking to tee have a pharmaceuticals, the makers of the powerful hospital antiseptic, and they're lkingspecific lot of the drug connected to the jackson death investigation. this is lisa fletcher for "nightline" in los angeles. >> so sad. the much anticipated final report from the coroner on jackson's death and what drugs may have played a part in his death that's expected as early as the week of july 27. you can read more about the video in "us weekly" this friday. thanks to lisa fletcher for that. >>> when we come back, we'll talk about fees costing up to a thousand dollars a year. how do you fight back? welcome to the now network. population 49 million. right now, 1.5 million people are on a conference call. 750,000 wish they weren't. - ( phones chirping ) - construction workers are making 244,000 nextel direct connect calls. 1 million people are responding to an email. - 151 accidentally hit "reply all." - ( foghorn blows ) that's happeni now. america's most dependable 3g network bringing you the first wireless 4g network. - sprint. the now network. - ( whoosh sound ) deaf, hard of

i'm lking to sellhe august 9-10 put spread for 20 cents and buy t of the august 13 calls paying a dime for this thing. depending on the stock, the prices mht not line up. the idea here is that i'm not going to los anything if the stock goes down 7%. if it makes aharp upward move, i'm not going to accept that. i'm buying the put because if there's the new dat point, i need protect >> ding, ding. let me tellou somethg. the only guy or gal -- i don't know -- >> maybe. >> we'll see. >> the only guys or galat may winthis is his broker. he was keeps suggesting the four-legged trades at's brilliant. >> t three-legged ade. >> you're buying two of the upside calls, right? >> tee difrent -- >> all right, dan, you're -- >> wt i want to do here, i'm not focused on earnings. here's a stock that's bid between 6 a 15 here in the last few monthhere. it has not found a home y. there's a lot different business uni, a lot of differt parts. and wall street has their hands fulln trying to get theirrms nd and it focusing o with a the tlook will be for the same. going for it, the potenti to volile. it hasn't

a lking video arch carr ng memoesof a nation's soows triumphs. alystherwi a st ofsionaleye. s nationnew it d trt. old anormen yoe don' fade awaythey ep coming back for more. and at'sthway it i >>rertbill blemor abc , new yo. >>veramembs ofhe abc 2 ws te released atements ni om diane saer, he was th deninganchor of amica's story, reminng usof what cod be atour . a call, a note a coliment om lterwas prettymucha nol prize for a young rt. and ars gibson fond remeed croe'style. waer cits and alys wi bethgoldstan. his objeivity, his even handed, hine judg all eaexam. olit t way s,d all of who are privileged to work thbuness e hi enmous debt grud once dubd the most trusted man ameri, lterkite will aiy ed by colleagues anviewers ike. invite you tostay with us on the air d online aswe remeer a tr legend in our siness, anin ma ofyour lives. on our bs abc2ws.com we havened up e comments attached thcronkitest have al postedvideo of his stmoe momes, including thol 11 moonlanding, andes is a tions ofoth main luther ng, nior and president john keedy. waltroite at the age of 9 > we're also

. >> jeff: you're lking in this case n for a giant home loan just something thas nice and stead nethiscase. >> yes. ve been in the game years. i'm a practiced singles and doubles hier. i raly swing from the benches, jeff, t i like to be lucky. i like to be lucky. >>eff: speak of lucky let's look ayour next pickgoldman sachs. >> goldman sachs is a leader in investment banking merrs, market trading it'sontroversial. it's known as a company too connecd to fail. think that's probay true, and i think if you want to play if that's the word, imoving markets, high volumes, goldman sachs is the best wato g. >> jef and the symbol.s.. e next one, norfolk souther >> yesthat's arailroad company having somewt of a slow ar because auto production is way do and so is general manucturing. but i thk that i can see from-- th they're improvi, as demand increase asactories art up again. and i think that's a good value stock. it's notxpensive, and again pays a nic dividend. jeff: and your final pi, raytheon, yr a defense pick. >> thas right. it's notopular one rig now. they don make heavy hardware likeattle

w, will health care reform and the types of reforms that we're lking about address the problems of par d? >> well, um, it's a possibility. it's too early to kno the drug benefit as you know has been in effect for a little bit re than three years a one of the issues that is just real problem is the coverage gap. the bill that is moving through the house do try to close this covege gap which would provide real relief to seniors when they get to that pnt when their drug benefit doesn'tay any of their prescription drug cts and ey have to pay full freight. so if that provion stays i the package and ifhe healt reform plan passes, then that could provide real help to seniors in the ne term. >> suzanne: uhuh. we only have a w seconds ft. let me st of conclude by scug, generally, wou you say that medicare is an efficient program? is it something wean use as a model when talking out health care refm? >> medice itself is qui efficien when you look atdministrative expenses, medicare's administrative costs are about 2% of the total. you'd be hard-pressed to find a prate insurance plan with such low

and that' really what he is simply lking about. let's find those services and interventio that rk. working in collaborations with physicians and nurses and then apply them with appropriate inceives in the hlth careelivery syst. >> ofessor altman do you agree that there that much wasten feral health systems as the president describes? >> think the term waste i a mislding one. i think there's inappropriate care. i thinkhe estimates are what chrisennings talked about. but this is no sy. this requires a major educaon of us as patients as ll as physians. and the wholhealth-care system. it's not a estion of waste in the classic see. it's a question of servies that might gi you sme valueut that the vlue is so small compared to the cos. and they really don add that much. but for manyf us as paties we sort of are used to getting more and we define qlity as more. and that's thwrong wayto look at it. so is is going to require the president, all of us to really engage in a national educationffort to convince patients thatthey can get better quity ca for less. >> dr. tipett, ho do you see this

. >> saw your op ed frida lking about the stimumulus packe and whether we need a send stimululus. tell mee how you all come out o this. >> i very much foror sececd stulus. i wawaalways -- i a always thout it was too small. the economomic tlookas darkened a a lot. not cause the stimululus has failedecause most of f it jt hasn even arrrrived yet but because thingsgshappen. stuff happens. and wt lookedeven in january like a t t small package really lolos too smallll now. we're looki at -- "the wall reet journal" just camame out with i survey of economists. thth are forecasting ununemployme at thend of 2010 wille as high as it is now. that's a pretty bleleak outlook. we need more oomph behind this is inot true that a lot of e money that tataayers did recee was actually saved. talking about t a savings ratee 6.9% which, obvbviouslys a good thing. but theye not going outut and ending things and buyiyi things. >> a l of us saidd itas to be moretiltedowards governmentnt spending.. consnsumers maspend more of ththat. a large check arrived, they dot -- you donon't expect them to spend all o

i am not talking abouteing a profeional athlet i lking about the rea gift.commitment is to e lord. di care what others think? no. i are what god thinks. i used to care what other people thought about it. tavis: it is kind of hard not to. you were a baseball pyer. youere on the bgest stagen the world i baseball. it is hard t to care what people think about y. you can take it too far. i'tryingo give you se of. it is har not to in new york cit a mman. at that time, irobably cared tomuch. i cared too much what people were thinking. that is where the self destructive behaor was always dangerous. tavis: do you tnk that you had -- do you think you lived up to your potential if you do not think you lived up to yourpotential, as some fans do not, how close? can you tell me where you think you were or could haveeen? >> i could haveeasily been the greatest of all time, playin the game of baseba. basall was simple to me. i did n have life skil. life skills is a major difference in howell you do. you look at some ofhe great plars that come alongthey usual have li skills

. >> i -- >> everyone it seemed was lking about the arrest in cambridge, massachusetts, of the scholar henry louis gates at his own home. he had locked himself out and police were called when he was observed trying to get inside the front door. at his press conference last night, president obama, a friend of gates, spoke out. >> i don't know not having been there and seeing all the facts what role raced played in that, but i think it's fair to say, you were in one, any one of us would be angry. number two, that the cambridge police acted stupidly in arresting somebody when there was already proof that they were in their own home. and number three, what i think we know separate and apart from this incident is that there is a long history in this country of african-americans and latinos being stopped by law enforcement disproportionately. that's just a fact. >> i had to ask him about all this today and he was eager to respond. and you were tough on the cambridge police department. do you regret saying that the cambridge police acted stupidly? >> you know, i have say i'm surprised by the

i have aeeee 's's lking like it'ssgoing to a alow opopen thee&p 500 rightnow isistuck right between the 50-day and 200-day moving averages betetwe 903 and 882 respectively.. i think what we're seeeein is we're kind novembeber those sumr doldrums. a x tradingngrorod 29 as far as wtt the options arere plplng is this week will be kind of quiet. the t tas auction onthursrsy,y, when the 30-year comomes up, mt see a little action n then. buas long a a w we' between is 50 and 20day ming average, seems likiket't's goio totoe quite slow rere. >> wt t aryou waiting for ececically? fifirsofof a, i know a a t of pepele are out. ere's that f fdamental issusue. you have earnings seaeaso stting this eeeek. so anything in p parcular there that you are focusedon? >> earnings ee going tbe t t y role come here in the next cocoup o of weeks. we have ppi, cpio start o next wwee but realisticalllly,e'e'll haveo see us b bre o o ofof this currt range.e. if you look at the cbo volalalility index, the vixisis trading aroundnd 20 if t the we the s&p bakak above 900, approacach ee 925 and beyod level, we'llll s v

doe know your gogoal atat a you l lking to achieveve re? >> absolututel >> i think a lot of p pplple t in thehe gee of ininststin it's n.n. it's a wonderful gaga.. it's the world's g greesesgame. but t yohahave to havenn ovever plan thatyoyo investments are fitting inin.. that's's t s srit of the book.k. give you aook at how to build a portfofoo.o. nono for the nextxt three month t t a uple stock tips for t next year but a plan forhehe xtxt t years of y you financial life.. >> tom, goodo have you on thehe program.m. thanks so ucuc tom gardner. >>up next, a look at th news this week that will h he an impact on y you money next week. >>> andd long live the queen's bank aaccntnt. rising coststsavav made herer jesty tap intoer resesveve shsh what she c cando thgh, to ototec the royalesestegg. >>> as weoo to the break. a l lk at hohow e e stk market deded e week. we know why wewe're here. to stand behehind l who serve. ♪ to deliver the technololoeses.. tatal freedom. ♪ ♪ arhe globe, the peoplebong... are working together --- for what mtetersost.

. >> the proem with just lking at theudget ishat it is the classic example of knowing the price of everything and th value of nothing. if you loo at what we spendn public education, he woulday that it is ler. but its an investment in ou economy and our people and it pays handsome divides. >> let me give you an index of how unsious all this reform is. e presidentpoke forn hour. did you hear one word on tor reform? everybody here knows that we are ying exorbitant amounts because of a completely inne malpracte system. a neurosurgeon who opens an fice in philadelphia s to pay about $200,000 per year on insurance alone, and who ys? you pay and i y. md -- every ctor knows how much testing and procedures are a way t prevent a lossy. why don't democratthink about ? -- why don't democratspeak about ? because tri lawyers around them -- own them. >> if the patient -- if the neurosurgeon screws up, doe't a patit's family have legal recourse? >> there is no fference between states thatave a cap, like tex, and states that do not. >> when jay rockefeller, a democr, says he is being priced out of the democra

- >> you t hints of this in the obama press conference where he already, if you listen carelly, is lking to a fall back. he used the term veimes, " health insurce reform," not " health carreform." that means he may not be able to agree t the whole 1/6 of the american economy with a huge experiment in socia engineering, which was pnned a. is not goi to happen. prepare for a bill at the end what will be hea regulion of insurance companies so tt you d not the pre-esting insurance -- pre-exting conditn requirements and all that. one other thing -- he said he would not impose a tax in which the burden fl primarily on the middle class. up until now, he said he would but nothing on the ddle class. i think that was a hit to max baucus ttperhaps he will go along with some kind of taxing -- the health benefit you get in your employmt, a $300 billion per year tax shelter if u go aft that he will have a al source of money. >>ou will have to control medicare paents, out of the hands of the congress come into the hands of professnals. >> y have to do sothing to ensu that at commissioner-- at that comm

. >> that may bene of the things, lking about the js we will bereating here.liaritmiliaritycreating facoft or two in r climate, and if that is india and cna, these countrs industrlizing and creating a lot more increasing of the years greenhouse pollutants than we're doing, they're not playing alo, because that wou mean givg up jobs, they're going to te a lot of the mufacturing jobs in this country. wee going to be losing jobs, transporting tm oversea there are lots of studs from the heritage foundation, the cbo, that sayshat is this going to cost the avera amican feaments. bonnie: but will cost em a whole lot lest than if run out of wate at's it for thisdition of "to the contrary next wee rape as a tool of war in the congo. please join us on the b for "to the contrary ext." whher your views are in agreement or "to the contrary," please join us next time. captiotechnologies, inc . --www.captionteccom--

th'r're lking about making a movie out of it. sohyhyhould the taxpayers ofof e e ci of los angeles be burdened with this extrememe ct when we don'n'hahavehe dollars to put forth in ththfifirsplace? so i'm callingng f a aeg entertainment and ththe ckckn familylyo o enurage them to do thth. lelet m mtion one more thing. we were notified late e thsdsd at they had selected the v ven ofoftatapl center. late thursday. frfrid was a holiday. satuturd w washe fourth of july. sunday wasas aololay. moayayveryone is back to worork but ovoverheheays when everyone s s onacation, days off, we e had d pelele wking to put this together. clearly, aeg, the jackcksofafaly ould help with security. >> thank youou l. . ci councilman denninis nene joininsnsnbcomorrow for coverage of the micicelel jkson memorial starting at 11:0:0a.a.m.astern. >>>>up next, governor sararah palin's resignatatioprprided the political firererkrks is fourth of july, but is shshe alally plannini a a psidential bid? ward fineman and pat b bucnanan will place t tirir bs right h

iis vy unneing to ba isoner. >> reporte behl chos lking out his fami. was hopi tmarry. i have my grandma grdpas i ha ver very od famil that i lovbaome in americ >> rorter:the defee department relsed statent om hisathe weope d pr for ouron safe retn tois comrades d th be our family. u.s.ors are ping to ee rgdahl aeali his asbyropping leaf ne of our ameran guests imissin returth guest his home. but the deat remains brut and ps the oba adnistraon on the defee of. dee secretary gates es u.s.-led forcemust gn gr byext suer to avoid publ percon tt the war unwinnable. gateadmits thaoopsre tire e ameran people arprty tired. jo hdren, abnews, washington. >> u. tary officials lieve that the tiban who firskidnped prive rgdahl have hd him overmore seni taliban. ear he cou be ved again, thio pakist where teorists operate frey. rtha radda elains. >> rorter: at's even more colica is e fa tha u.s.oldiers n'go i pastan. it's sovgn country. kist doesn't want u. ldrs othe ground. thu. would have to ry pakistanrces. the taliban knwh soldiers are fose finding aer soldier,he

gwen: ok maybe by in time will be lking about the sa thing. if we a, chances ar -- of getting somethi passed goe down exponentially. the state of the ntion's economy is thebiggest underlying drag on he predent's domestic agena. today we hea new home construction is up. and four b banks announced big turnound profits and ye there is wory. why, jeann >> well, there are a little bright spotsut there's a whole t of darkness out the still in the ecnomy. if u look at uneployment, 're still shedding ha a million jobs a week. and there's something wrong wi the jobless numbers. something that eveneconomists can't quitfigure out. the unemloyment rateis not having in a way tt they expect. even theederal reserve has been a little uzzled by it. and then you look at foreclosures. gwen: i heard todayhe unemployment re was up to 15% in miigan. >> and double digs in a numbeof states. and nionally, it's goi to go at leastto 10%. and someare now saying maybe even highethan that. despitthe fact thathe white house had ped to -- te stimulus would hold it at 8%. so

we don't like it, and i was no, i didn't lst and now, lking back, i wish i did. >> find out how a 0,000estment left restaurant seats pty hadustomers promising not to cme back. until then, i'm j.j. raurg. remember, we makyour business our siness. i'm katrina markoff, owner of vosges haut chocolates. we combine chocolate with exotic roots, flowers d spices to create tastes that tell cultural stori. but in today's ecom how do you r a business that's out indulgence, - yet maintain fiscal responsibility? - ( cash registebell dings ) selling prpective clients can reire more than truffles with hungarian papka to seal the deal. so to make every dollar we spend do the mostor us, we use our american press open charge rd. it's the card that unrstands what my busine needs. we use membership rewards points to vit clients and vendors all over the world. and we rely on on' concierge serve get our clies into the top hotels and restaurants. which makes us look pretty sweet. when you're selling exotic chocolate having a card you can count on isn't a luxury it's a nessity. announcer: today how yorun your

you have, say oyy101 to 200xhxhibors atshow, it is not difficulult g gethe tetentn of the attendees lking through. >>>> y h he a a few seconds too convince s smeone whether thehe should continuecoconsering you or hit theacac button. rere the e explple ofofhehe bsbsite that tually google dedeveped. it hasasot of informamati he,, but it yy not doasas well onon t eighght-coco test which sa in the first fewsecond, the u urhould know exactly what they y ee gtiti, why they ould be ierested and what to dodo nt.t. >> it n'n't sellili.. it is s atwo-wawayonversation with y yr customers. ho can you levevera that? an exaxamp would be what in your business orr i indtry is informative. think of it asan education tool, not a selliningtool. >> put it outube and thehe there'e'aa lot of d deadd silen because you have t tgeget it ou thther i always say,y, iids, ffamy, coworkers, e-mail t the link. it is syruply e-maililinththe link, but then sndnd it to bloggers or s sd it to t th induduryry tde publication to coverouour industry. sending it tooomebody locally in thegeography, theococ newspaper, the locaca

all of the folksyou are lking at folks that attended t memorial andere inside.orable part for you? >> al sharpton's spch. i thought it w right on point. it was something that needeto be said. i think america need to hear what a sharpton said. ink the lineh stuck out to me the most is when he directed a statemt directly to michael's kids when he said there's thingtrange about your dad. what was strange ish your dad h to deal wit and i don't think anybody that you see out he, any of us, even know a little bit of what michaad to deal wi on a day-to-day basis. >> w45hat s it le to see michael'children up on stage? >> when his daughter spoke at the end, i broke down and cried. it was very stouching, very sad to know what she's goi through. and i prayuturewise that the couror whaver makes the right decision on if they go through a custody battle. the kids don't need to go thugh any more pan. >> reporter: was thi a fitting tribute do you think >> it was more than what i expected. it was way more than what i pected. th eeches, al sharpton, the things they said about mic

o are some o the democratic candidates for the seat now, that they're lking abo in linois? it'she race against kirk, right? could be a pretty tough one. >>eporter: kirk being -- a long time ago, donaldrumsfeld tually again in the north suburbs o chigo. it had been assumed that the key candidate who would uash burris washe current atrney general, lis madigan. she got attention when she had her arm twisd runor the senate. not only didhe announce she would not run for senate, but she was not going to run fore positionvebody had figur she was destined for, namely, the governor's job. >> i'm going to cut you off. we're seein the back of somebody head. somebody'standing and clappi. burris is at the podium. th is a hotel in chicago. we ae that thatan getting a camera view -- or maybe he's goingolug the camera man, but in a se, we except burris to start talking in a second, so let's listen. thank you all so much. thank you, thank you. thank you. thank you. ippreciate all the energy. we're going to need it thank you for joining me here toda i'm here t talk about some impoant issues.

we're lking at a bump in temperatures tomorrow as the high pressure exits to the north and east. then, dry air on sunday, but temperatures still holding in the mid 80's. good news for the forecast. we are watching showers and thunderstorms just off the west, associated with a cold front that will eventually make its way across the area out late tomorrow into the overnight. that will be our best chance of showers and thunderstorms, clearing out nicely for the daytime hours sunday. plenty of sunshine for the delmarva of beaches, the temperature still cool, remaining below average the next couple days. the jersey shore, 79 degrees, ocean city, rehoboth, 79 tomorrow, the water temperature 72. the further south, just a little bit warmer, 80 degrees virginia beach, the outer banks of north carolina 81. we look for the warm air tomorrow, along with the humidity. off to the west, the cold front swings across, bringing us the chance of showers and storms late tomorrow night into the early morning hours sunday. tomorrow, looking okay, not a problem. tonight, clear and comfortable, the skie

here was a guy lking any sense of resonance. then, the deat of michael jan, then sarah palin, a woman who aspires to a high public role, b is unfamiliar with the traits constancy. tell me abouthatyou think has produced that? >>irst, i've got to get on norah's list. ifou go back through history, people had rules -- george washingtonad a list of rules how to be a dignified person. some are st rules of liteness. rough st ofamerican histy, presidential candidates didn't run f fice. they didn't do daes of self-promotion otr things were to be calm and others were to besteady, not to sort of barf your emotions all over the screen. >> t you think back obama may haven impact. talk about it some pele in american life are jst naturally gnified. rack obama embodieall the qualities digty. he's vry calm. he very measured. he'sery reticent. it's most uniginable to be the guy's going to get into a personal scandal. u may agree or dagree with one policy, but i think he takes theules of dignity and he brings it modern. makes it ive for a new gene

l,he fondestory profesonally was the -the kind of supporat y had en you were theld, and i'm lking aboutfore we had sait and that kind thing. d u reallyelt yowere a e furthest endf e eah in rms of bng connected and waer washe coesponds frie course. he washe g -- he was reall yo bosand a bosshau reallyrely wanted to pleas and he w wderfully loyal t the peopleked for him. as a friend,heas off the r, he s about the ie man i've ever known. he cou b he was grt, greacomp greatompany ing onb crawl anywhe and how did he rega his influence, his pulary? >>e wore it --e wore it with gracislly all i could y. ovedeople. walter was aemarble gu an know, the kinof adulio he woulreceive, ow, lt cronkite waindown the streee s ve rude. was never bru wh op hes ntedo hear their sties d th wn't that sn't an t, believee. hellwas justbohe st cious m ir knew, and he'd want to kw everhipeople's backgund, atn, what eyid for a living. and itas real reg.itas genuine engemennd le tabout his veor space. he cer did lov-- mea he wasasa's bestrien beev. not r any other reason tha his owpaior ploration, r findinout new th

and i'm also lking at the deral budget.there's been a lot of talk about theeficit and the debt. d from my puican colleagues, you know, why isn't obamdoing something about this? ignoring the fact that w got into the wst recession since the eat deession with a $1.3 billion deficit. fair eugh. this is occurring on my tch. what cannot be denieds that the only way to get a handle on our medium and long-term budget decits is if we corral and contain health care sts. nobody denies is. and so my hope is is that everybody who isalking about defit reduction gets seris about reducing the costs of healtharand puts some serious propals on the table. and i thinit's going to get ne. it is going to be hard, though, because, as i said, thi i e the town hall meetings that i had, as dissatisfiedas americans may be with the health care sysm, as coerned as ey are about the prospec th they may lose their jo or thei premiums may keep on rising, ey're also afraid of the unnown. and we he a lg history in america of scaring peopleh they'rgoing to lo

some lelegimamacy the blaa,,he white, t the american indian, whoever else is out therere, they are lking and i'm a pastor alals you knowow thepastor, politicians rereal don'n't veve aooood reputationn backing upp what they arere tin totodo. >> no. >> too much polititalal exfeed yhyhen. this is dylan. aa cuure ofpolitical exexpeency have cost a all ofss ouou pococtbtboo whveveyou maybe, we all find ourselves supportiti a a nknkg stem that in my opinion neveve should have been allllow t tbe crted, an automotive manufacturing s sysemem that n should havave enenllowed to be crted. we've beenen td d 's o oayay bye illion dollars taken f fmm us, our parents s anououchildren and t t fothe conversation we'rere having with ioiot itzer and ototrs earlierer, a areot eiei our politicians a act i a way to crereat education and resoururce >> that's trtru >> that also touches on aother issusuanand at issue is withh everythihingouou jt said, yet, at are weseeing in washington? 're seeing gogornrnme being pupu in a position withth more control and i'maying if y youee owown ability handle things appropria

bebecausyoyocan see exactly what m m lking about when i looook this chart. now, it's a tough h dedex. it's made upupf f ba of america, citibank, caterpillar,r, genalal electric, , geraral tor. it started at 100 on n da obama was swsworinin. now it's's at .1.1 not shabby at all. 96.1. i've got to o llll y something, at's not bad, considererg g ho low this thihingraradeduring the d d da. as you canan seethth measure of e president's economicicobob performance starteteatat 1, has been o on thdodoswing. and if i it's ininto keep going lolowe i want to get in aheaeaof that move. for a little technicaca analalysisfofoa little prococate thinking, i asked dan fitzpatrick, our g go-to technician, ouour lllleae at real money, to t telmeme h opion of this chart, thehehahart of the obama a accouababity chart, just to havave meme f fun, to o e e ifhe anti-business etetic continues. his conclusion -- - isis ithe 0-day momovingvevege -- i didn't memeano obscure that. short-term technical meaeasure it could be hehead a as w as 84. wowo that's a nasty tumumbl that's the tech

buyers are lking for bargains dd s slelers are looking g toett what they y we w wor a year ago. that m mak it didiffululto get anything done.. u u ll probably seee nothing in the media space for t reses of thisis arar >> what't' the bottom m li?? sisiining ere you are sitting yesterday, he iss just ncncerd aboutonsumer confidence.. the ports sayay it's back, but he doesn't't s anan is not sengng it i in spendingng what do yoyou ee whehen you loot theme parks s anmomoes and the tetern? >> t trere i mixed signals and the box offifi is stng.. that's a alwss proven to be a cheap form of entertaiaienent r the family.. whwhenououave bigovies like transformersrs orcece age or bro enenintomorrow,,we think t box o offe is good. theme parks that h adifficult first half hopefullyly wl haha a go s sond half of the year.. think there e is m mix sials. 's's n w whe we want it to be, bubut hopefullybetter. >> what are aboutcccces toto capital? people can refininan which is good andouou can't get anyoaoans and that'snot easyfofo everybody. >> i think th it go ckck to right nowafafys s th key co

i lking for person with good judgmt, someone with intellectual curiosity and independent, but her decision affect real people. with that, the second essential quality. humility. i'm looking a justice who appreciated t awesome responsibility she will be given if confirmed. on who respects the different roles constitution provides for each branch of govnment. finally, a good prosecut knows that her job is to enrce the law without fear or favor. likewise, must interpret the law without fear o favor and i believe yo background, including your undstanding of front lilaw enforceme, will help you remember thathe cases you hear involve realeople with real probls looking for real remedi. with excellent justice and excellent dgment and a sense of humility, i believe you ca be a justice for allf . thank you ry much. >> thank you, senator klobuchar. next, senator coffman. >> welcome, jge sotomay and welcome to your family and friends and congratulations on your nomination and to yr parents. we are begni, now beginnin the d of an extraordinarily important process to confirm a supreme court justice of t

>> india and brazazil but look t th, , moody'y' lking to upada upgrade, aery blilish bbget, d i thk it's great buy it is opportunity for thehe banks a tetecom. >> h hey david, ts s imim. knknow you're the tad anan we'r'r seeing comommotities getg pped out. tell me whyhy thiss economy isi onlyxpxped to an expoport commodity play.. >> only 13%% is tied d ton n external trarade u're missing o if youdodot own someme oththesstocks. look att t tt he e o lastweek, very successfulul. that's thekind ofrarazi you want. >> i didn't sappointed. w about india? we learned y yesrdrday their defifici spending may b upo 10%. ybe the u.s. getets a ay wiwith that. i n'n'think india does. . >> what iteeds to d is fix ththtatax llection side of that. >> chl, davivi >> what's that? chl. >> china mobibi,, wee like the roll-o-o, , wh they're doing wiwi w wiress internet access. it's goioing to be huge. >>>> did, a pleasure to speaea with you. time now too today's edition of "pops & drops."" we have drorop for dj real estate. karen? >>yeah,ou know, reall estatat is a volatile sector f for sure. vacancies are gog

just all sorts of thingshat are seeping outand they're lking about this openly in the press.n peopl would be a lot happier with presidt obama if he dropped the hammer onome ofhese guys, but he himlf has been somewhat cautious so it's just -- i think the arican pele just a't sure where this i going and whether or no anything is goin to get done. they're hearing a lot and seeing a lot, b they're not seeing the results thathey were promised >> bri debose, eleanor clift anks for weighing in. appreciate th. for everytng politics from the misincoming news political unit logon to firstread.msnbc.com. >>> theos angeles deparent unty of children and famy services is condting an investigatn into the welfare of michael jackson'shree young children, thenvestigation will rertly include looking into whetr the children had any exposu to drug ue by their father in their hme and who woulcare for them if ktherine jackson is not able to look ter them. joining in studio psychologist dr. de atks. good morning to u. >> good morning. >> what o yoink the department of ild and family servic is lookin

semimicondtotocompany after semiconductor cocoanany lking about betttter tn n pected rnrnin, like samsung did this s very week. takeket,t, pase? this semiconductoror cpapany reports ononononda upgraded not once butut tcece tay by two different firms. need hamm and barclaysys sndnds like a hotelel both of which are e sayi i is deliverered tstsid two differert t anysts couldn't gea a tter than expected quteteand the stock closed u up a lousy 22 c ctsts? should go o a a cple of smacks. how dodo y e expin this? sisilele. nobody cares.. thisis is bababall game with li 3 300 fans in it. i'i'm t kidding. itit's sense that has ererelmed the market. 's's sething beyond plain olol vanilla negativityty, i' g g to tell y you you can see it i irereacon to the huhuge gdmdm sachs call, totoda this morning, predictctg gogoldn sachs would return t t the 2008 highs. i didn't h heaa a so mention it sasaveor me. it's been negagaveve ohardware and sosoftwa f f the duration. bubutotodathey predict new hihis. nody cares? nobody -- comeme on! theoeotiticay, the bulls right now should have sosomeererio momon thei

captions paid for by nbc-universal televisision >>> chf these stories you'll be lking about tomorrow. the panic o of hyper ven laags envelolopi h h eryryord. quits s whe e inlting quitters >>ememing and rereomomfoable to jtt keep your h hdd doan and plplot along andnd appease thoso are manding, hey, sit down a and shut p. that's's t qutter's way out. >> rumors were a about the construction of herhohoe or embezzlement or m me e eths violationors bestofof all enen she'squitting to r for presididenbubudoesn't wantoo keke the people of alaska pa her lalary while she d doe so. which is, ocourse, she makes em do when shee w runniningor vice preresintnt. >> she knowows exactly whethero pass thehe bllll so the teaeam wiwi and that's what i doingng. keeping our eyeenn the ll >>>>rurunng off the court. ououof the gym, through t t parking lot and out to.. paususgg oy tothreat tone s sue a blogger for it was only gogoss.. the tless f fr itstarget, annon momoo. her popolicacal future a a nonw with her ppfiler. and d th coululbebe t end. highlights and a a bond farewel. so -- >> i'd likeke to u u o

. >> whehen i i was lking to prin one y, h he said to mehat he didn't havav mothther >> he sasa didn'tother. >> she di it for me she did i i forr me. so just so i undnderanand is correctly -- >> she's awowondful person.n. >> she knew thahat michael j jkn loves children.. >> yeah. >> and she k kneww that michael jackson wantedchildrere >> t that' w. you need to be adaddy. >> right. she said you needed to o be a daddy? >> uh-h-huh. >> more e th s she needed t t b ther? >> y yea she wted to d that for me as a esent. >>>>s a present? >> yeah. yeahah. >> what do you men? >> a a giftft. i had tooalk around holding baby dolls. >> really? >>>> yeah. wanted childrdren s badly. >>>> what you just sasa ishahat yoyourifeavav you two chilildr as prentnt because sh knew yoyo wanted to o be a faer. >>yeyeh. anand 's aovovel gestuture. >> anan ncredible gegesre. >> arere surrogateteothers w d that every d d.. that happens evevery d i ithe world. >>>> isththat how blanket was r asas wl?l? >> i usused a s suogate mother d my ownspsperlls. they're all my children.. but i us a surrogatetemothehe and she d

>> i'm lking about the recordiningndndtry and everyone els el. . >> yeah. ah. okay.e kind of --yoyou' stopping short o of n nining na, like foror t ther tooakake frfronroroandenente withh press conference dayay aerer day tet hison'seath whehe the son really resented the father for ba treatment as he w was growin , , i felt hee should havee reined silent. nica, what is y you reaeactn n o thisis memororiaservicice. >> what you're saying about cebrities taking a advtata of isis suation, i think u're damned if you do a damnedifif yoyodon't. it easy to watchthe performs and say they'y're hoing the limelight for theirselves. the other hand, dna ross didn't show up at a all and i hearard opop saying here's diana ross, s she s suld be her supportingng mhaha jjaconon. >> i think it's probabably becae ththe audienceanand to see her. >> i'm not usually a s senmemeal guguy. i think it w w a relative ly tasteful ing. i looked a this anddthought, man, ty couldavave blown this out in a lot off diffefere ysys to a lot of advantatageoror a l ofof pple and they didn't.. it was prettym

what a are you lking at? >>>> the impssive thing, melissa, b by the y, hello, amgennas been a phenomenal stock. when you look atat it, itrades a price to earning ratitio much mo like a utility stock.k. it's's incredie. it trades even at t $60 a are, which its now, and $60 billionon market cap, wewe're taing about a 15 pe.e. you're also tatalking abt the potential of this drugug they've alreready got phase three that had d so mucfollowing yesterday, inuding today. you'rere talkingbout a multibillion dollar drugug. thenen you lk at the rest of the pipeline for amgen and t the biotecech space. itit's not pced like the old daysys of bioth. we're seseeing pring very the beet that is a 0 s so ves at half the voluntarility to the s&p. soist a vevery, veryrynterestina stock even at t the $6level. gu the world's most succecel businessgecko. thgecko vovofirst rule of business::ec"hard work " rated excellent or betr geicy terms of financial sengt geo vo: second rule: "don't s s a coworker's egg salalad, 'specially if f

m m lking about a huge call ma today this morning by ron insasana who y no doubt have seen many yearsn cnbc include cloouding sevevell times todada and he runs the market momorsrs neneletter. inin ts s rning's edition, he e issued one of the b bdedest cal i've seen. to boot evevery one of the densive stock in his rtfolio. that's right, t te them all out and sot them. hehe p putng the whole group, althoseomompaes that don't need ststro economy into the sellll bckck. and he's shihiining. he's going with h a rtrtliohat shshou rocket higher ifhohousg makes aa h hugcocomeck. we knonofrfromhe papers evevery dayhahat' consideredd to be just impossiblele but let's see. en though i don't agrerewiwith everything he'e's inin i like ron enough t to ininit to your tetentn. it's ann important call fromom guy withth 2 years of experernc wawatcngngheararke. wawababackor those of you who ad "cfessionsf f street adaddi" " inna was the guy who called p praically to the minute thend to the horrible 1998 bear market. this was about 1 15 minutes a a i pipituted and saiaid "get t now." i i teter d to retract

. >> do you wowoy y atll that lking about this from m memedinanal andpoint might cocoage recreationalse?? >> do i worry that thahawiwille abused? ye.. i mean, vicodidin'ababed. everything that brinin p pai rereli i iabused. budoes that mean, because vicodin is abused do thehey epep it away frfromeoeopl . ey prescribe it. puput e laws on it. esesibe it. >>>>t't's argument that's gagaing ground across the country bubut a a pce like california where disispeararie veverte in magazines, accessss toto mijijua is easier than ever. >> medical marijuana cocommdations to have this a a opposed d p phaaceuticals and ththat w w he wants to make sure everyone has access s t theneed it. >> it's a whole nenew dudust that caters s t theery sick and people looking to geget ghgh lelegay. >> there's a lot of rerecrtition ususs who have a license t the got from a doctor becacausththe dodocts s th give medical rijuana evaluations ththeyalall it, i don't know i if eyey'r rnrng anybody away. now i have a licensese tt t sa i can smokokpopot. no one here has thatat noin idaho. but you should. >> comedian and m

committee spearheading the attemptt bipaisan compromise on alth care has this morsel of empathy for people lking to get the same medical coverage he h. >> why i your insurance soh cheaper than my insurance and beer than my insurance? how come i c't hve the same thing you have. >> you c. go wk for the federal government. >> so althe federal government hasto do is add another 29 million jobs and another 50 millio j jobs fo every uninred ameran. presto, healthcare pblblem solved. at r remax.c. solved. oorbell l rings) you had me at " "ding-don" where dodo want to be? are you all rit? a ferociououwhite ale wrecked my bt. well, i'm sure we e can help you, captaiain... ahab. we, it looks like u haven't had a claim over four years, soso you don't hae to pay a a deductit. that means you saved $500! 00? i uld get an electronic fish-finder. that's's spirit. saving you mononey on boat insusuranc now that's progressive. call o oclick day. >>>. >>>> sahah palin hasremoved hehersf f frleadership in politics or shehe pulled ththe titima psycyc on t the p polici establishment. she's been political totopi number

th are good lking and intelligent. >> charlie: they speak well. >> they're loyal. whereas if we try to do that in a british drama, it would be lauger. it woulde laughable. >> crlie: so unless you make fun of your politicians it has no remaability. >> is just not beliable. i think the audienc woul't ke it seriously. >> charlie: so is there ss of respect fo politics. >> yes, yes i tnk so. and i alsonder whether it's a fact that in the u.s. the rol the offe has a charismaf its in. the officeof president is e offi of t head of state where asur head of state is the ... >> charlie: the queen. >> the little ol lady i the palace. oever at downing street doesn't have hat charisma bestowed on them. they have to earn it. >> charlie: there also this part of what youe done in your careers toive people a sense of seeg something they ven't seen. you're seeingort ofhe unabridged. you're seeeople behind the scenes. you are piercinthe curtain. >> yes. i me, that is the the trick we're trying toull, it's sht in a very documentary way and i mped and soon. but i load it with authentici

th'r're lking about potentially 6 6 biion in tradining vevee 2009, eclipses 2007 when ty had that r rord yeyearf f $25 blion. the only thingtanding in youou way ofof n b buygggoldman sachc anand rgan stanley is t one-off they're gog to take with the t.a.r.p. a and havingo ma u utheiaiabities because the credit rkrks have improved. t longer term,thth's just a shshortete negative. if you do o ee a dramamat bumpp inintrading renue, you havetot go withhgoldman achs and morgan anany higher. >> gogoldnn reports ontuesday, is thathey're not as heavilyy shorteteasas ty were in the first quarter.. i don't ththk k yoget the same kiki of an impact. i don't think you get t thsasa ndnd oshort coverinin rarall i would be e le c ccerned a abo being shoror fancials here if the fdadameal storyis not thther i think goldman, you can feelel like a lo of goodewews is iced in here. you can be less concerned abtt a shorttququee in fananals in this reporting peperi, , fferent th the firstst quarter. >> i think a lot o of these financials a a underorown a a ese levels r rhtht now. and that's important. >>>>erhap

. >>>> you're lking at aive picture of e e bi board.d. markets arare losing ground. off98 poinintsasas investors gr up f f a couplee of tngngs. thth treasury actition this afternoon anand cocouauart rnrnin results. that willlststar totorrrrow in t theeantime p prite funeraloror pop staricicel jacksoson u und way a a abt t hourromnow, mumultillion dollar memorial event takakeslace at the staplps center i inos angeles. family, friends andd thohousdsdo jason fans are expected t to attend. cn's's je wells i is there. she's live w wit more d detls o ththis jane i heard ts ispwards of m milonhat it's costing losos gegele >> that's thee uerer endf the timates, trish. right now we'e' show you a live aerial shot of t the hollywoooo hills where the family havingg the funerara service at forest wnwn. we're told chplosed dodo portions ofhe 101 freeway during rushh h hou to escort tm therere. i have beenold thatat jackson's casket with his remains will then be broughtere to thee staples centerfor the merial. estimateddosts range fr $$2 million n to$4 million for the city. th bigg

>> yeah, a tt of pepeop a are lking about getting their r mbmb online, yoyou' g gothe jack welclch nba,a, a numberffollege trngngo offer onnene education. >>>> wrere findingg online education n isveve effectctiv it's amazing. i coululd give you a a l of examplesofof singlee pents who the onlnly way ty could getet t deee is going online. 're seeing t tt at our keller degree of management,, ouou 20,000 mba studentnts tatangng online urses, almost lflf of em. >> mr. haururr, we'll be watching you.. cocoratulations on m movgg into ths&s&p 50000. daniniel hambururr.r. we ee in thefinaltrtret with ththe w w nes industrial ample lower than 130 inin. gogot ouout 30 mites before the close on the day. tomorrrrow the g govnmnmen may phenol unveil thelalan toake xixi a asssff banance sheets of the bananks charlie g gasrino will be backk withth se e the partrticanants and d oo they may be.. we'll be right back.k. back in a moment. tatangng i rightful place inin long line of amazingg peormance machines. this is the new e-e-coe.e. this i is rcrces-benz. >>> welcome back. cnbc's c chaieie gaspariri he