risk on risk off political implications we'll talk to lou rockwell about it and look who is going after the bankers yet again you see him behind me there they are capital account zone dimitri cobain as our t.v. host max kaiser and new ideas trends forecaster gerald solenn day we'll show you how it ends let's get to today's capital again. welcome to june it's june first dan what did we see already the dow has wiped out its gains for the year european stock markets meanwhile have been on a steady decline since mid march of this year let's take a look at them markets in greece look at that where we have the threat of a grex it and spain where of course we talked about yesterday the possibility of a spat is it and italy which hey there maybe not be a little lex it yet but it is definitely still an issue so all of those markets already having broken through their two thousand and nine lows and french markets are very close to breaking new ground as well so meanwhile the latest slew of data not just in the u.s. but around the world is pointing to this in the words of mohamed el area and of pi

. >> not lou. lou was holding his hand up high.h, lou. >> wow. >> i'm embarrassed and i apologize on behalf of nbc news for what hoda just did. to my mother who is going, what's a digit? >> all right. you know what it's time for? your friday funny. >> please, lord, let it be funny. somebody thinks it is. this was sent in on facebook from liane fisher. i want to thank her for that. a little girl went to her grandpa's hospital room and says, grandpa, can you make a sound like a frog? grandfather goes why? his granddaughter begs. please, please. just make a sound like a frog when mommy gets in the room. grandpa asks again, why? little girl says because mommy says as soon as you croak we're all going to disneyland. >> that is terrible. >> let's go back to "cosmo." it's time for bobbie's buzz. >> bobbie, i apologize to you because you had to listen to that. a new low. >> well, i think friends come out to play today. i have father's day finds. this firesbox.com website will make your dad a superhero. if you send them two pictures, they w

rockwell chairman with the lou began mrs institute take a look. well i would like to see the fed moving closer to a hole in the ground myself rather than an audit but i think this is of course a wonderful victory for ron paul eric cantor or the number two guy in the republican house has blocked this bill for years and he's been persuaded to allow it to come to a vote i fear that doesn't mean it's going to become law because the snow with the senate is going to pass said no way the president would sign it on the other hand this is the fed has become an issue ron paul made the fed an issue for the first time since nine hundred thirteen when the when the thing went into first came into existence so when you have eight thousand college kids on the berkeley campus chanting at ron paul and the fed you know that things are changing and people are right to focus on the fed it's a very dangerous institution it does only evil only harm to america and the whole world so the more we focus on it the more we talk about auditing it the more we talk about seeing

our guest host lou gerstner.tting e-mails coming into our e-mail box, one of them writes in, wanting to know what you think about whether the u.s. economy is poised to dominate the world once again? what do you think? >> i don't think so. the united states hasn't dominated the economy for 30 or 40 years. we were dominate through the '50s, the marshall plan was critical to bringing the european economies back up to speed. we had not seen the rise of china in the '50s, but today we are a smaller part of world gdp than we've ever been because of the success of other countries and to a certain extent, a little bit of decline on our own part, so i think we got a lot of work to do to stay equal to hang on to what we've got. >> we're going to have more from lou gerstner, he has ideas about how to fix some of these things. >>> former deputy treasury secretary roger altman will be joining us to talk about europe. ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in cha

lou manfredini will answer your questions.ul, smooth skin, with veet wax strips. veet hair coating technology removes hair as short as 1.5 millimeters... ... and leaves your skin smooth for up to 4 weeks. try getting that with a razor. with veet you'll always be putting your best skin forward. veet. what beauty feels like. also try new veet high precision facial wax for salon-quality smoothness that lasts. how much coffee are you fellows going to need today? three...four cups? [dumbfounded] well, we... doesn't last long does it? listen. 5-hour energy lasts a whole lot of hours. so you can get a lot done without refills. it's packed with b-vitamins and nutrients to make it last. so don't just stand there holding your lattes, boys. make your move. we'll take the 5-hour energy. smart move. 5-hour energy. hours and hours of energy. but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and

as lou said, i've worked on the issue now for more than a dozen years. and when we started, we called it trafficking. and we were particularly concerned about what we saw as an explosion of the exploitation of people, most especially women, who were being, quote, trafficked into the sex trade and other forms of servitude. but i think labeling this for what it is, slavery, has brought it to another dimension. trafficking, people wondering if i was talking about road safety. what we needed to do to improve transportation systems. slavery there's no mistaking what it means, what it does. and these victims are women and men, girls and boys, the stories remine of us what kind of inhumane treatment we are capable of as humans. some lure our country to promises of a good job or opportunities for their family. others can be exploited right where they grew up, where they now live. whatever their background, they are living, breathing reminders that the work to eradicate slavery remains unfinished. slavery may have changed, but our commitment to ending it has not.

lou dobbs, the guy who is beating cnbc. do you, lou dobbs, believe that we are okay, our currency is all right, our financial structure is okay at this moment? >> okay is a great word for it. >> bill: all right. if it turns worse, you have got to come back on and tell us. >> i know that. >> counting on you to be paul revere here. >> i'm trying to fulfill that onerous duty. >> if you don't we will hurt you. >> market suspect year-to-date. >> bill: so what. you know what it is, it's crazy. is it possible that in september, two months before the election, we can have a surge of great economic news that would help the president get reelected? possible? >> it's certainly possible that things will improve. but we just heard the feds say they are not going to improve much. unemployment will stay near 8%. economic growth. >> bill: this is a bernanke prognostication. do you share that? >> i do. i do believe if you see an uptick in markets. a strong uptick, a change in the, if you will, the climate, more positive, it will be because,

rockwell chairman with the von misses institute so lou what's your opinion on this shocking endorsement to say the least and on fox news to boot. well i don't it's too bad it was on hand to you after all is an enemy of ron paul but i think it's not i think it's not a surprising announcement at all rand has always made it clear that he's not a libertarian he's a republican conservative and it was always very much in the cards that he wouldn't endorse the nominee in fact he's been saying that for some time so i don't think that's a surprise but i think it's a sideshow i think what we have to think about is first of all congratulating ron paul on all he's done on the millions of kids he's brought into the liberty movement not only in this country but in foreign countries who is educated about austrian economics and issues of war and peace and the police state and so forth and that all goes on and i would say intensifies once the political stuff is out of the way because i must say i think you can actually change the regime from the inside anymore you can change the mafia from the inside so

hello, lou, go ahead. lou, make sure you mute the television, turn down your set there, and go ahead with your question for bill kelso or bly straube. i'm going to put you on hold, lou. bill kelso, we just showed your book, "the buried truth." how long did that one take you to write? >> well, it came out in '06. so, it's always -- it's always in production, really, and a revision, too. i'm working on a revision of that because we found so much since '06. but that basically tells the story the way i saw it. and, i mean, it was -- since we started the project in 1994, i guess you could say it took 12 years. >> the caller a few minutes ago calling and saying he was in 1966 trying to find jamestown. do you find a lot of amateur archaeologists telling you much of the same thing? >> no. i've kind of thought what he was saying it's so confusing here because there's other types of jamestowns around here. and the signs are just everywhere, and it's confusing for a visitor to come in. that may be what he was up agai

that was we rock will chairman of the lou reed von misses institute. journalist parmeet olsen spent a year researching anonymous blues hacktivist collective that's caused quite a stir the notorious takedowns of multiple government websites her new book called we are anonymous inside the hacker world of lol second anonymous and the global cyber insurgency follows the group from its inception to its involve tradition and arrest of several members of our meals and joined me earlier to discuss the evolution of anonymous and where the group may go next take a listen. well anonymous makes itself very available to people who want to actually reach out and talk to them and a lot of people have asked me how do i how did i actually get the access that i got it really just started with reaching out and asking questions a lot of the reports about anonymous in the media you'll notice tend to i don't want to say regurgitate the kind of work off other reports that have already come out about anonymous there are a lot of misconceptions out there about what it is for i

this week lou's been thinking about the difference between customer service and hospitality. here's author and educator lou heckler. >> i'd like to think i have a little in common with danny meyer. meyer is the operator of a number of wildly successful restaurants such as gramercy tavern and shake shack. in his book, "setting the table," he writes that he focuses not on traditional customer service, but rather on hospitality. i love the distinction. he says customer service is a one-way proposition; hospitality is always two-way. i learn what your needs are, and then i go about trying to match my service with your needs. when i was asked by my colleagues to coach others, i wondered how to go about it? i have worked from a home office since 1980. if people came there, would that seem professional? as it turns out, the fact that my wife and i host clients in our home is now one of the biggest reasons people come. hosting is somewhat of a lost art. in your businesses, do your customers feel hosted? do the people who work for you? maybe its time to re-focus your attention from cu

carol lou is at the scene where firefighters are racing to get ahold on that fire. good morning kara. >> reporter: good morning. they have made quite a bit of headway and they are still throwing water on this mess here and if you take a look around, i want to give you a sense of how close this is. when we got on the scene we heard explosions we saw fires throughout the area. hook is a look at 880 freeway. take a look how close it burned to those bart tracks. firefighters were called on the scene this morning. a structure was on fire and again explosions burning embers were being carried by the wind and it is just some of the things that neighbors told us about. they actually carried as far as 10th street. he also the middle of the night not only watching this thing burn but making sure everything was safe. >> it was holding it this big over my parking lot. i live in my complex and the windows bust and i had to get my aunt out and it was raining fire. >> and again the fire affecting the oakland station. i spoke with a dispatcher and he says there is no service betwee

the next trade yoga wear maker l lou lou lemon. liz did you know joins with us more.to see you. >> good to see you as well. >> i think what jumps out to me most about the report that you put out today is that lulu cuts guidance we say inventory is up 67% year-over-year. so if you're worried about sale ramping up so much? >> well, i want to be careful there. i mean, the inventory is increasing, but the company has been a bit in chase mode. so they've been chasing very hot demand. they're now sort of transitioning to a little bit less of a focus on chasing inventory. but you should also note that units are only up 30%. so some of that's inflation. the company didn't cut their guidance, but their guidance did come in below where street analysts were anticipating. and certainly the second quarter rate of growth is expected to be below the first quarter. >> why are you neutral on the shares? i mean, clearly the company's been doing well. the shares have had a nice run. are you concerned now about the high-end starting to show some cracks? >> well, i think those are two sep

when you make this investment, when you're saying, wow, lou, $800, $1,000, it's for a long time. >> louini. >> happy grilling. >> whether it's gas or charcoal. >> you decide. >> we don't discriminate. you grill, we decide. >>> we've got a lot more coming up right after these messages. ♪ ♪ i woke up to a new day ♪ every little thing gonna go my way ♪ ♪ i woke up to a light bulb on ♪ every little thing is possible now ♪ [ female announcer ] kraft singles have no artificial flavors and they're always made with milk so all you taste is something amazing. ♪ life is amazing with the love that i found ♪ ♪ [ stomach growls ] [ female announcer ] skipping breakfast to get ahead? research shows that women that eat breakfast like the special k breakfast actually weigh less. what will you gain when you lose?™ [ female announcer ] hamburger helper stroganoff. beefy. creamy. stroganoffy. helpers. forty dishes, all delicious. guys, check this out. [ crowd ] yay! aww! yay! aww! [ water ] see? and it removes 99% of lead and microbial cysts. [ crowd cheering ] and the crowd goes wild. [ imitates crowd ch

it was pretty extraordinary today that they loued this inquiry to go on to long without their input, without their involvement. there was -- to get there, there was a lot of behind the scenes conversations that took place on a regular basis with the congress map, in the committee, it was con stand outreach about what various members thought. on these various issues. >> to read transcripts of this and otherdrelated -- >>> this year cspan's local content vehicles are traveling the u.s. to look at american history. you're watching american history tv, all weekend, every weekend on cspan 3. >> he was the first popular governor not only of kansas but of the nation. >> what led to the populous movement led to a rural versus urban environment. there was the west where you had the farmers taking the money, you had the bankers taking up the movement. it touched everyone, it was here at the wichita auditorium that loren lorenzo lewelling. >> his rhetoric was that of a war general, kind of leading some troops into battle. he talked about taking down the government that had been in bed with the

i'm lou heckler. >> tom: that's "n.b.r." for friday, june 8. we want to remind you this is the time of year your public television station seeks your support. support that makes programs like "n.b.r." possible. goodnight, everyone. we'll see you online at nbr.com and back here next week. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.

maplewood, minnesota, it was a family reunion nearly eight decades in the making. 76-year-old betty lou and her 83-year-old sister delores had never met until now. delores had been given up for adoption when she was just a year old, and their mother later died, and betty lou herself was adopted. well, delores eventually went on line and found her long-last family living in michigan. isn't that amazing? they call it a missing piece that now gives them some peace. i'm lynn berry. this is "early today," just your first stop of the day, today on your nbc station. >>> well, in switzerland it wasn't a bird or plane, but a jet man flying in the sky. that's right. the first jet-powered pilot in full flight dropped from the sky traveling at speesds of 127 miles per hour about 4,000 feet in the air. after seven minutes of flight, using his body and legs to steer, the pilot parachuted safely to the ground before exhausting the fuel supply. >>> well, one training camp in germany is putting a new spin on two traditional sports. olympic hopefuls took their stab at throwing a seven-foot long javelin a

gehrig -- recipient of the lou gehrig memorial award he was honored for charitable work and foundation the first honor for an expo or nats player. >>> he was back yesterday for the first time in a long time he got a cortisone shot in his ailing right shoulder the team plans to continue using the shot to keep him out of pain and off the dl he picked up his first rbi in 11 games. long term plans will be to rest, a month after the season, decide if he needs surgery if he does he be checked out for 4 to 6 weeks. >> he did get a shot before the game, and the last treatment that he had, where he had two weeks off, that didn't seem to work, you know, and so, we are going to kind of go, this new treatment, and hopefully he will stay healthy. >> steven strausberg gets the start tonight nor nats in colorado he will try to be the first nats pitcher to win 7 straight starts. >> cloudy but dry start to wimbledon, day one, venus williams, this did not go as planned first 6-1. venus returning in the near court she would get overpowered. she suffers her first opening round loss at wimbledon falls 6- 1

lou lou to lose. its pts. just to. just see. if. the flower. the un says a syria peace plan is in the firing line after another gruesome massacre this week as foreign power is poised pushing for an international qana group to mediate a cease fire talks but washington is shining the idea. of a deal in beijing russia and china sign up for more trade and pledge to top last year's record breaking eighty billion dollars worth of business leaders of two nations signed more than a dozen agreements and launched a joint investment fund to boost project in russia and. spain is to seek up to one hundred billion euros to help salvage and stumbling banks making it the fourth largest country to ask for a bailout it follows i.m.f. announcement that spain's dead laden banks need a bigger buffer against any severe financial shocks. ten thousands of egyptians protest their former leader wasn't sentenced to death and he's last prime minister has made it to the whole next week egypt chooses its first president since last year's revolution. and straight to sports w

. >> eliot: lou dobbs. >> yeah. >> eliot: lou dobbs, he has his view. populist and then he went to the dark side. everything is rate i guess driven. >> everything is ratings driven. >> eliot: who are you going to vice presidential request. have on your show. >> we'll have news-- >> eliot: politics-- >> nothing too wonky don't get carried away. >> eliot: someone told me to ask, can you're a canian. >> i'm a freudian. i'm not a cansian. >> eliot: where did you grow up? the bronx. >> my husband is from the bronx. we dated for 28 years. last year we married. >> eliot: 28 years you is not the typical thing that we talk about on my show. 28 years of dating. >> we move in together about ten years ago. before that we were commuting. he was living in riverdale. >> eliot: there must be something good about the guy. >> he was a bronx math teacher. >> eliot: which school. >> i don't know. you lived with him for 28 years? you don't know what school? >> they have a number, 49, 36. >> eliot: you lived with the guy for 28 years but you don't know where he works. we'll

lou dobbs, everybody. next on the run down, the british may legalize government spying on personal computers. wait until you hear this. later. an incredible music story after 50 years on the pop scene, the pitch boys have a new hit record. we'r [girls laugh, bell rings] - whatever. - he asked me right before school started. - no way! - hi. - hi. - ♪ shine, come on and let it shine ♪ ♪ light me up-- - hi. >> bill: impact segment tonight, as you may know, computers are taking over the world. many folks are addicted to high tech. and many bad people are using computers to mitt crimes. including terror activity. massive massive spying program. that would allow the government there to monitor everything british subject does on their computers, blackberries, ipads whatever it may be. if this becomes law it would become the most sweeping power play in history, joining us now from los angeles leslie marshall, fort worth texas janine turner: awful crimes like pedophilia protect lives. protect the kids and you say?

. >> this is mary lou.he's 2 months old and she needs a home. >> summertime is known as kitten season in the animal welfare world. we have a lot of cats and kittens that become homeless. >> looking for a home and a new friend and a chance to save a life. >> come on down and take a good look at our cats. they're all wonderful and want a new home. scomblsz people come out -- >> people come out to support this idea. we need the community to help us. they get a cat or kitten and a life is saved. >> that's little mary lou. >> i like that cat. >> since the baltimore 500 started in 2009, more than 1,700 cats have been adopted. log onto wjz.com for more information. mary lou won't be there long i don't think. >> call her cop per's new friend. >> copper, i don't know. he would be upset. >> all right. >>> still ahead on eyewitness news, a child dangling from the side of the building. the one thing that saved the toddler from a dangs fall. dangerous -- dangerous fall. >> what michael jackson's daughter is saying about

i'm lou heckler. >> tom: and then there's this: it wasn't all bad in the markets today. after all, it is national donut day. dunkin donuts rang the opening bell at the nasdaq. krispy kreme took-on the closing bell at the new york stock exchange and handed out 3,000 free donuts on the floor. to celebrate, both donut giants will be running in-store promotions. the donut companies say their sales are very reliable despite the trend toward cupcakes. both stocks, though, were dunked today along with the rest of the market. good night, i hope you have a wonderful weekend. and we'll see you on the web at nbr.com and back here next week. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.

here's author and educator lou hecker. >> my wife and i decided we needed a new refrigerator. we talked budget and what features we wanted and headed for the main appliance chain. a salesman greeted us immediately. "we're looking for a refrigerator," i said. "how much money do you have," he spurted. seemed like a funny early question to me, so i replied, "you mean, how much do i have total?" i smiled. he didn't. he rolled his eyes and motioned us back to that section of the store. we didn't like what we saw or the way we were treated, so we went to a smaller store. hmmm, same questions, same departure without a purchase. we headed for one of the major national appliance sellers that night. i knew some of their evening help were school teachers by day and sales people by night. "we're looking for a new refrigerator," i told the pleasant-looking fellow who approached. "well," he smiled impishly, "tell me about your dream refrigerator and let's see if i can fulfill your fantasy!" we both laughed, told him what we were thinking. "oh, man, this is great," he continued. "you're goin

i'm lou heckler. displuz tom, i put you in charge of wow. i hope you have a wow of a weekend and a father's day. and everybody, hope you have all-- all the fathers out there, hope you have a great one, too. >> tom: chief officer of wow this week. happy father's day for all the dads. that's it for the broadcast on "nbr." see you online at nbr.com and have a wonderful weekend. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.