michelle dodds us live with that story and more in the bloomberg business report. >> good morning. banks want to take big risks, and they will have to pay for it. the president is proposing to impose fees on some of the nation's biggest financial firms. it would be to cover losses from risky transactions and avert another market meltdown. president obama said the mechanism would be similar to the fdic deposit insurance. fdic chairman she liber is expected to push for the fees in testimony before the senate banking committee today. on to the market, the dow is ending its winning streak. starbucks and apple had better than expected earnings. one person says the worst has passed for the u.s. stock market. financial and technology companies will probably improve. negative mason is based in baltimore. stock and index futures are indicating a higher open for us ahead of the trade. from in your stock exchange, michele for wbal tv 11 news. >> thank you. >> the time is now of 22. coming up, we will get another look at your morning commute with traffic and weather to get it. >> short-term st

michelle malkin. nice to see you here. >> good to be here. sean: you've got baseball cards, chris dodd, joe biden -- >> of course. sean: are you selling these? >> we will. sean: and bubble gum with them? >> not net -- yet. but collective. those are the dirty dozen. i have joked he i could actually have an entire 52-yard -- 52-card playing set and two jokers. guess which ones? sean: you said early in the cook the administration is teeming with long-lasting favor seekers and a lucrative bridge enbetween. as a read the book the one thing that kept resonating in my mind is this is chicago politics. explain. >> this is the chicago way. i think what i have done is i hope helped shatter the myths of hope and change and the new politics in washington by scouring every nook and cranny of this administration and showing how within a very short plan is of six months they have betrayed every principle and promise they made by installing these influence peddlers and power brokers and very wealthy people who have traded on their government service to serve not the public interest but the special interests. sean: and he promise

then senator chris dodd of his prostate cancer diagnosis. followed by michelle malkin on health care and the obama administration. >> on "washington journal" will talk about the cash for clunkers program. the heritage foundation's david mason will discuss a bill to put limits on executive pay, and radio talk-show host joe madison and armstrong williams debate the state of race relations in america. "washington journal" is live each morning at 7:00 eastern on c-span. >> this week as expected, the senate judiciary committee voted to recommend the confirmation of sonia sotomayor are the supreme court justice. watch the committee debate and see the vote this saturday on c- span at 7:00 eastern. next week, her confirmation moves to the senate floor. live coverage of the full senate debate on c-span2. coming in october on c-span, tore the home to america's highest court, the supreme court. >> now, the house energy and commerce committee's markup of legislation. they discussed the men and that would take the public plan out of the bill and replace it with reinsurance p

michelle will handicap the power grid debate on that. >> early stages of prostate cancer, according to a connecticut newspaper when it comes to senator dodd. absolutely unfortunate. on "power lunch," get ready for the "fast money" halftime report. "power lunch" is back in two minutes. welcome to the now network. population: 49 million. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. eight are wearing bathrobes. two... less. - 154 people are tracking shipments on a train. - ( train whistles ) 33 are im'ing on a ferry. and 1300 are secretly checking email... - on a vacation. - hmm? ( groans ) that's happening now. america's most dependable 3g network. bringing you the first and only wireless 4g network. sprint. the now network. deaf, hard of hearing and people with speech disabilities access www.sprintrelay.com. >>> debate in the house on capitol hill under way right now. they are getting ready to vote on whether to add another $2 billion to the cash for clunkers program that's only a week old, and is has already burned through a billion dollars that has been that successful. t