>> mr. p., i'm sorry, but you should've been there. it was crazy!richie -- we put him down, mr. p.! >> barry. >> him, too. everybody got it! >> wait a minute, pookie, calm down. calvin, what happened? >> well, we were at the club, and miranda was there with some dude. i didn't know who he was -- >> and she was sitting on his lap. >> when was she sitting on his lap? >> man, hold on. let me tell the story. so, we look over. she's sitting on dude's lap, looking him in the eyes. they're over there kissing. >> wait, kissing? when was she kissing him? >> cal, can i please tell the story? >> all right, look, look, it don't matter. but, mr. p., i stepped to the dude, right? i turned him around. i was like, "hey, little buddy." you ain't going to be up here disinfecting my man cal." >> actually, that's not what happened at all, pops. >> please, please, can we tell the story? can you quit being so rude? >> yeah, shut up. what happened? >> so, you know, after pook grabbed him, you know, we said, "let's go outside." as soon as we got outside, i ain't waste no t

>> abso-positvely-tutely, mr. p. heh heh heh!uld only get in the pools with your parents' permission. >> yeah, right, right, but let's get back to those geysers! >> that shoot out of those super holes. >> [cheering] >> ooh. i've been to these hot springs before, mrs. pteranodon. they are simply amazing. some are hot, some are warm, some are cool. you just find the one with the perfect temperature and hop in. you will love them. >> this'll be perfect. we can relax in the pools while the dads and the kids watch the geysers. >> it's gonna be great. >> next stop, geyser gulch. geyser gulch station! >> [cheering] >> have fun at the geysers, and remember, you never know when hot water will shoot up in the air. you have to wait and watch. so be careful around those holes, especially you, mr. the don. >> ok, mr. the conductor. >> we will, mr. conductor! bye! >> whoo-hoo! >> heh heh heh! >> oh. it's been forever since i've been in those pools. i surely would love to walk down to the pools and soak my toe claws in that bubbly water. but i'

. >> trudy was right, mrs. "p". that dinosaur is styracosaurus. owy as styracosaurus. >> ooh! >> see that massive frill and huge spikes? you can bet they get styracosaurus a whole lot of attention! >> can we meet a styracosaurus? >> well, your mother's right. there is a local styracosaurus family that hangs around the big pond. oh! and speaking of which, big pond! next stop, big pond! >> bye, mr. conductor! >> bye! have a frill a minute with styracosaurus. >> [squawk] look! isn't that tank? > let's sneak up and surprise him. can we, mom? >> [squawk] sure. >> [giggling] >> hey! who do those pteranodons think they are flying right above us big triceratops? pteranodons? hey, guys! those pteranodons are my friend... buddy?! >> ta-da! >> buddy! great costume. >> thanks! >> so are you guys here for stacey styracosaurus' hornucopia celebration? >> what's a hornucopia celebration? >> it's a big event to celebrate when a ceratopsian's horns start to show. >> that's right, and no one shows off their horns like our friends the styracosaurus family. they put o

mrs. norton. >> yesment. >> thank you. >> okay. item p consent calendar resolution, there were none tonight. thank you commissioners. item q, superintendent, there are none. item r, commissioner has a proposed add and has asked us to vote to suspend the rule. may i hear a motion on suspending the rule? >> second. >> roll call. >> suspension may ward. >> hanny. >> yes. >> mendosa. >> yes. >> i. >> mrs. win. >> i. >> norton. yes. >> all right. may i hear a motion and is a second for a formal introduction entitled support -- in support of the family work place ordinance. >> so moved. >> thank you. >> thank you. dr. marsa will you read us the resolution. >> i like to read resolve clause and give a summary of what this is about. it be resolved and encourages the san francisco family fund work force ordinance by the board of superintendents. there's a proposal by the board of superintendents to give employees of organizations with 20 employees or more the right to request a flexible schedule. it's not a guarantee. that request can be denied by the employer for a number of business related reasons

p um... where's mrs. davis?she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet? test test test test 3w4r5*7 test test. test test. >>> caution... >> you're about to enter the 11:00 p.m. five. the five. okay. eric? >> all righty. it's about four minutes until september 11th. so do you feel bad guys are laughing at us? so on the 12th anniversary of the day america lost our innocence, patriot bikers were denied to ride. second we have a nobel peace prize president peddling war on a sovereign nation and susan rice will b

mr. obama is expressing optimism p says a deal to eliminate chemical weapons could be a huge victory forhe international community. un security council expected to vote later today. >> there are new details about misuse of surveillance data by employees at nsa. the nsa inspector general rye leased information involving a dozen cases since 2003. several of them stemmed from employees spying on spouses, boyfriends or girlfriends. in cases employees were allowed to retire without punishment. >> the army being accused of wasting money. an audit shows it paid out $16 million in checks to soldiers who had gone abol. it's the second time the mill thaerz been caught making the same error according to an internal memo the army currently lacks controls to enforce policy for reporting deserters to cutoff pay and benefits immediately. >> rescue operation nrzway in inda. a building collapsed this morning in mum buy. eight people died in that collapse. 30 people have been rescued. this happened just after 6:00 a.m. mumbai time. most of the people who live there'd were city employ yeses. this is the th

p. for mars travel and foreign minister garrett mr evans thank you very much for being a part of me i'm recording this program just hours after president obama called all of the pounding military strikes against syria and he didn't invoke r two p. formally but in his speech to the american people he talked a lot about america's responsibility in this world and i wonder what do you have a country or a set of countries that are prepared to do the lawn doesn't that ultimately make our two pete totally redundant what's the point of even trying for a collective action and why in the united states will do it alone anyway what if the united states will i think the united states is listening to world opinion and listening to domestic opinion and it sure as hell not to go going to go down a military intervention unless there's very strong and compelling reasons for doing . it has a very strong and compelling measure of international and domestic support and i think that's not an unreasonable position to adopt. we've been there before back in the ninety's standing idly by watching these terrible m

mr. logan, fewer, haney, maufas, mendoza mcdonnell, murase, wynns, norton, 7 ayes. >> we'll move to the third policy of the evening. 139-10 s p 3. this item was already moved and seconded on september 9th. mr. davis please read the recommended action. >> mr. trut would like to read more for you tonight. i do my theme song at some point that i wanted to listen to. requested action that the board of education san francisco unified school district entitled homeless education. >> there are no public speakers. are this any comments from the board? we are -- seeing no amendments or comments from board members. roll call, please. >> miss wei, mr. logan, mr. fewer, mr. haney, mr. maufas, mr. mendoza mcdonnell, dr. murase, miss wynns, norton. item i was withdrawn from the regular agenda. item j request to speak regarding general matters. i have a number of cards. i am going to start with suzanne solomon of united educators of san francisco. all speakers will have 2 minutes. >> thank you, president norton and good evening commissioners and superintendant. what i want to do tonight is introduce 12 young people who are sitting here. they

p. um... where's mrs. davis?he took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet? ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. folks have suffered from frequent heartburn. butetting heartburn and then treat

mr. alexis also told me how he was prt ose events had disturbed him." the following morning, the detective says, "i received a personal communication," well, "p/c," i assumepersonal communication, "from mr. alexis's father, who lives in new york city. i explained to him the facts of the case. mr. alexis then told me that his son had experienced anger management problems that the family believed to be associated with ptsd," post-traumatic stress. he confirms that his son was an active participant in rescue attempts on september 11th, 2001. and none of that is confirmed at that point, but that is what is in the seattle police department's report for that arrest in 2004. again, of the man who police say they became fast friends. they even became roommates for several years. they lived in several different places here in ft. worth. and alexis, aaron alexis even worked here as a waiter. he worked so well that he even picked up the language of thailand and he was pretty fluent in it, according to the people who visited this restaurant. of his apartment and the bullet went through the ceiling of his apartment into the floor of the apartment above him. the neighb

mr. alexis also told me how he was present during the tragic events of september 11th, 2001, and how those events had disturbed him." the following morning, the detective says, "i received a personal communication," well, "psume that's personal communication, "from mr. alexis's father, who lives in new york city. i explained to him the facts of the case. mr. alexis then told me that his son had experienced anger management problems that the family believed to be associated with ptsd," post-traumatic stress. he confirms that his son was an active participant in rescue attempts on september 11th, 2001. and none of that is confirmed at that point, but that is what is in the seattle police department's report for that arrest in 2004. again, of the man who police say was the shooter at the navy yard in washington, d.c., today. the same man was arrested again in 2010 in ft. worth, texas. that police report from the ft. worth police describes an incident in which mr. alexis shot a hole through the ceiling of his apartment and the bullet went through the ceiling of his apartment into the floor of the apartment above him. the neighbor in the apartment above him said she was terrified of mr. alexis, said he had con

mr. cohen p. advises you under rules of house us rules of the committee you're entitled to be advised by council. do you want to be advised by counsel today. thank you. you swear the testimony you're about to give the truth, whole truth and nothing but the truth? thank you. subject to the penalties set for the in title 18 section 1.001, united states code. you may give a five-minute summary of your written testimony. >> good morning chairman murphy, ranking member degette. members of the subcommittee i look forward to answer questions of cms on going work with of affordable care act and navigator program. cms and all our partners across the country are focused signing people up for affordable health care coverage that begins on january 1st. we're already seeing competition works. creation of new marketplaces is edge encouraging insures to offer plans in h with competitive states. rates are 19% less expensive as ccms expect. according to recent estimates as congresswoman degette mentioned many cons

mr. vice president i'd like to call roll please. (calling names) and also, we have a quorum and a also the chief of police gregory p, sir.ood evening ladies and gentlemen and welcome to the wednesday of the san francisco police commission. thank you for joining us this evening. let's call the consent calendar >> receive and file action request and receive a ticket valued at the $244 for mr. kevin president of the verses cast for the youth engage program. and the request to be received if mr. norman new zealand resident arrest for presentation for the avoidance in locating a laptop >> the 7 tickets are to go to the kids in the tenderloin and the $50 certificate was for a great deal officer. >> move to accept. >> okay. i'll move to accept. motion made by commissioner khan. public comment on the consent calendar items. hearing no public comment. all in favor of accepting the it items listed under the consent calendar say i. all opposed? any extension. those items are accepted by unanimous consented. >> the public is well, to talk about the subject matter of the commission. they shall address the commission as a whole and no

both sides and good intention from both sides and reach a mutual p agreement, the way would be paved for further talks regarding issues. >> mresident, president obama has revealed that you and he have exchanged letters, could you please describe the tone of those letters? >> translator: well, after the presidential elections in the islamic republic of iran and the inauguration ceremony, i mean after the official work of the government of iran began, president obama wrote a letter to me. he congratulated my election and the issues of his interest were raised in that letter. i responded to that letter. i thanked him and expressed the islamic republican of iran's viewpoints regarding the issues president obama raised in his letter and some other issues. from my point of view, the tone of the letter was positive and constructive. >> do you it as a foundation? >> translator: well, it could be a subtle and small step for a very important future. i believe that leaders in all countries should think of their own national interests and they should not be under the influence of extremist pressure groups. i hope to witness such an atmo

it's not responsible p. mr. president, i hope this doesn't come to pass. i hope at midnight we don't shut down this government. there will be a lot of unhappy people in the federal service and they don't deserve it. these are innocent people who just want to do a good job for this nation. there will be a lot of people hurt on the outside because they can't have access to government services. and there will be things that we will miss doing that will have an impact, and we may never know it. what impact will it have if at the national institutes of health they suspend medical research until this is over? just put it off a couple of days, maybe a couple of weeks if it gets really awful. and then what happens? a delay in finding a cure, a drug, a medical device. all these things make a difference in the lives of a lot of innocent people. so it's not an act of courage to play politics with the lives of other people and with the future of america and with the future of our economy. yes, this is why we have elections, so that the american people can say enough.

mr. williams' wife. she was actually out here today p and she said that mr. williams is, in fact, out of town.ack to you. >> okay. courtney, thank you very much. >>> what is the main issue on art cashin's mind this morning as we get back to the markets. up next, the wall street veteran share his market words of wisdom as we countdown to the opening bell. the futures, indication is a flat open after yesterday's surge. more "squawk on the street" from the nyse straight ahead. i've been doing a few things for a while that i really love-- tdd#: 1-800-345-2550 playing this and trading. tdd#: 1-800-345-2550 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which means i get schwab's most advanced tools tdd#: 1-800

the dow and s&p 500 posted a three-day losing streak as invest terse reacted. officials this morning issuing an interview with mr. dudley from the new york side who says we could see taper in 2013. we're waiting for clarity from washington on the debt ceiling impasse that vote could go to sunday. we'll get data on home prices and consumer confidence. the dow falling 49, the nasdaq at 3765 after slipping 9. chrysler's filing for an ipo four years after being bailed boit the american people. the move is a result of the ongoing feud between fiat and the trust fund how much to value the trust fund's stake in the company. even when a deal does happen, it would be the first time since 1998 that all three big u.s. automakers would be publicly traded. facebook is quietly rolling out a new mobile payment feature. it will let users automatically enter shipping and credit card information into their devices. for now the auto fill feature is partnered with a few retail apps, facebook introduces it gradually to its one billion strong network. it's going to get to the point you can't do anything without facebook or google. i

mr. weiss believes, are they a little overbought relative to the s&p? >>> and what's in a name? it seems, when it comes to health care in america. we'll tell you. some startling stats coming out of our

p. so we have two consent calendar resolutions that were severed for board discussion, miss wynns. >> thank you. >> thank you, mr. golden, these are both items that have that are modifications to and i am sorry again, and and they result in or represent the contracts with a very high percentage of the modifications 44 percent and 35.62 pensioner and now i am not really complaining about that, but what i am wondering is if we don't need a different way of doing, i don't any doing the contract but explaining it to the public but the board agenda, that there are times when we in fact, as we have discussed in the past, you know through the bond program, and particularly, we want to use the same contractor to work on a number of schools, or a number of projects and we, kind of expand the contract or it is not really a modification and or it is only a technically a modification and there, one of them is not that but this just made me think of that. that we put in this percentage way of doing it, as a way when, in fact, we had a history of actually having huge cost over run and modifications that turned it into a diffe

we are now going to move on to item p, consent calendar resolution severed for board discussion and immediate action. commissioner maufas severed item 2q, and i see mr. golden here to address that. commissioner maufas. >> thank you, mr. golden. you talk, it was mentioned in this letter we received from some of the public comment on this the issues that we had last round. can you speak to that a little bit to give us some of your perspective and how we got to the selection of those same folks this cycle? thank you. >> good evening, commissioners. i'm david golden, the chief facilities officer. most of you may remember, about three years ago we put the security contract out to bid because it was up for its cyclical renewal. we received almost no bidders. and eventually the low bidder dropped out. there were concerns by the board about whether the bidder was union or nonunion and it was not a qualification in the bid language that the bidder be union or nonunion, but that was a very large concern of the board. particularly in terms of the labor practices, salaries, and wages. at that particular point in time -- and i forget the details -- we determined

mr. weiss believes, are they a little overbought relative to the s&p? >>> and what's in a name? plenty, it seems, when it comes to health care in america. we'll tell you. some startling stats coming out of our exclusive cnbc all-america survey. meantime let's check in with sue down at the nyse. hey, sue. >> hey, ty. two companies under siege today. jc penney and blackberry. can these companies reverse their fortunes? both were trading in single digits today. jc penney rebounding just a bit. but at a 13-year low, nonetheless. while blackberry way below the $9 a share that fairfax says it's willing to buy it for. right now jc penney is up 5.25% in terms of percentage points. we have courtney reagan on jc penney and jon fortt in san jose with the latest on blackberry. courtney, you first. >> that's right,ist been a tumultuous week as the stock price fluctuates to sharply positive on a mix of father and news. cnbc has learned that jc penney ceo met with investors in new york city yesterday telling them jc penney doesn't see conditions this year where it would need to raise liquidity

mrs. sparklenose? - down here. my senses tell me i could use a shower. - ha ha ha! - p-ew!t's gonna bounce? - not so high. - why do you think it's gonna bounce not so high? - because it's hard and it's small. - ok. it's hard, and it's small. ok, sofia. let's give it a bounce! ooh! the ping-pong ball went between the blue and the purple. bring out the next ball! daniela, what kind of ball do you have? - i have a baseball. - how high do you think that baseball will bounce? - i think it's gonna drop low. - let's see you bounce it! there it goes. ooh. the baseball bounced to the green. we're gonna test more balls in a few minutes, but right now, check this out. - ♪ 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 ♪ ♪ 11, don't you be so sad ♪ being odd's not bad ♪ 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 ♪ ♪ 11, don't you be so blue ♪ here's my ode to you ♪ he looks so even, but he's odd ♪ ♪ skinny like a fishing rod ♪ 1 less than 12, 4 more than 7 ♪ ♪ he's my new best friend, 11 ♪ ♪ he is straight just like a pencil ♪ ♪ standing tall and in a row ♪ ♪ you can count him on 10 fingers ♪ ♪ you'll just

p and russell 2000. midcap, not historic high. sensitive stocks, home building, reits moved up. mr. bernanke mentioning emerging markets saying he did talk to individuals in emerging market individuals. there you see moving to the upside. hmo stocks, there's a lot of concern that the house of republicans have steam in trying to derail obama care. i don't think so. you can see to the downside. a lot of people convinced themselves that even though the data wasn't strong, we would see taper today. a lot of people felt they were misled by the fed. i think everybody just misread what was going on. very simple. including myself, by the way. i thought it was going to happen. >> thank you so much. joining us to break it all down, nathan backrack, tony dwyer, and our own rick santelli. good to see everybody. tony, let me kick this off with you. what do you do now, now that we know the fed is still in place, tapering is not going to happen and $85 billion in buying every month. how do you invest? >> we're buying it. i think we've been high on the street this entire year. we're high on the str

mr. icahn. >> cramer's "mad dash" is next. s&p trying to rebound from five declines in a row.wk on the street" is back straight ahead. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. i've got a big date, but my sinuses are acting up. it's time for advil cold and sinus. [ male announcer ] truth is that won't relieve all your symptoms. new alka seltzer plus-d relieves more sinus symptoms than any other behind

ironic that some analysts are mad at apple for not doing a lower price item but at p & g, they're doing a -- >> you're mr. split up. >> have you noticed what happens when a company is split up? it goes higher. >> that's what the bankers call it now, shrinking to growth. >> i like that. >> they always think of such great things. >> split equity. shrinking to growth. >> i feel like what's happening here is you get a company like procter and it like, i don't know, if you did a hair and grooming corp, a cleaning detergent corp, we like all these pieces like what sara lee did. nobody doesn't like sara lee. they sold off the coffee business for a huge amount. like a pfizer. zoletis. this shrunk to grow. >> they shrunk to grow. >> when we come back, the netflix juggernaut. can a stock that has more than tripled this year look at that, it's at 313. >> they're not shrinking to grow, they're just growing. >> and ed lazear will join us. we do have a moment of silent here at the exchange right before the bell. we're back in a few moments. and at the center of it all is a surprisingly low price -- just $7.95. in fact

difficult to continue this argument mr evans we have to take a short break now but when we come back we will discuss the game changer that you just mentioned as well as the r t p intervention in libya which was portrayed as an example of the six thousand but some could argue that it was very compelling reason of never. saying it again that's all coming out after the break on the walls apart . led. her. favorite leaves the. economic ups and downs in the final months they belong to the new york sang i and the rest because i was going meet k.c. will be every week the long slender lead. of the. lead it was a terrible day the i'm very hard to take a look again a little longer here a lot longer than that sax with governor rick perry. a little. glimpse of the i'm. slowly. slipping. a little. and i think. welcome back to worlds apart where we are discussing the use and misuse of the responsibility to protect with one of its main architects former australian foreign minister gareth evans and mr evans just before we went to break we were discussing this major a game changer and the syrian war of reach is the russian proposal that syria. transfers its chemical weapons to

difficult to continue this argument mr evans we have to take a short break now but when we come back we will discuss the game changer that you just mentioned as well as the r t p intervention in libya which was portrayed as an example of the six thousand but some could argue that it was the very compelling reason of never using it again that's all coming out after the break on the wall to part. the. economic down in the final. night and the rest. her lead. a celeb it was terrible to say the i'm very hard to take on to let her get along here a plug that never had sex with her make their lives let alone. listen to the i'm . a. and i think. welcome back to worlds apart where we are discussing the use and misuse of the responsibility to protect with one of its main architects former australian foreign minister gareth evans and mr evans just before we went to break we were discussing this major a game changer and the syrian war reaches the russian proposal that syria. transfers its chemical weapons to the international community and i know that during your term as the foreign minister you were quite instrumental in bringing to fruition the international chemical we

p 500 index up almost five points. >> do they still have room to run? here to answer that question and more is jay kaplan, portfolio manager and principal at the reus funds. mr. kaplan, welcome. why are the small companies outpacing the big blue chips by so much and can they continue to? >> well, you know, it's been a very good year, like you've talked about. because interest rates have been zero, and we've had economic growth in the u.s. albeit slow, but economic growth. with those two things together, that's been very good for stocks. been very good for small caps. if you go back to the spring, when the fed started to talk about tapering, the implication there was that the economy would grow even faster, the u.s. economy in particular. and small cap stocks are very much leveraged to the u.s. economy so the market took that as a signal to keep the small cap stocks going up, and they performed better than the rest since then. >> all right, so to follow on that line of thinking, if the fed is now saying that it's going to hold off on the tapering plans of the stimulus, that would mean that the economy is slowing down a bit, so small cap stocks shouldn't perfo

mr. brooks. [inaudible]. welcome. >> good afternoon, commissioners, if i understand correctly, the only bidder for the contract when that contract was let go was with shell and it is a transition contract, a small p-e-r-c-e-n-t-a-g-e time you as an organization could be full speed ahead with local jobs, local people, even developing rec that could be purchased by other groups, one week ago today i walked into my classroom, my first course is environmental science, we won't focus on the science, i want to comment on some policy and politics and i would love to walk into that classroom and discuss with them the progress that the city is making in moving towards 100% renewable, clean energy, make no mistake, we will discuss the policy x the politics on the issue and i hope that's what i'm putting in front of them, i'm going to be teaching my 10th graders meteorologist, they will be seeing what's known oz a hock ke stick graph, the increase in carbon dioxide and we will talk about policy, and i hope this group moves forward to set that cap which is merely a cap, all it is doing is saying once those rates are set, it won't go above this, isn't setting the shell contract in gold, it isn't setting a cap

p 500 this week? here's a hint. airplanes. >>> and an analyst makes the case for microsoft to buy blackberry. should mr. softy become the island of misfit tech toys? i ke of eight princesses. i'm on expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. [ tires screech ] ♪ [ male announcer ] 1.21 gigawatts. today, that's easy. ge is revolutionizing power. supercharging turbines with advanced hardware and innovative software. using data predictively to help power entire cities. so the turbines of today... will power us all... into the future. ♪ >>> welcome back to "street signs." i'm sharon epperson at the nymex. gold prices continue to fall here, down more than $30, below 1330 an ounce and bringing down with it gold exchange trader f

mrs. villain and i are planning our... you scare me. and i like it. let's go what's in your walle lou: on wall street stocks closed lower, dow, s&p down for 5 straight sessionsn 61, s&p lost 5, nazdaq fell 7. holding steady through there week. joining me now with his outlook and perspective. lou lehrman. i market that is struggling despite naysayers, what is your outlook? >> all about the federal reserve system, whole world has bought idea you don't fight the fed, there is a good precedent to believe in that. lou: i know you are no fan of this fed but i have to say ben bernanke is surprising all members of the consensus. that was hil hilarious they were sniffing and stamping their feet, saying you can't do this, you have to take your 10 to 15 million out of the bond purchase program. it was great fun to watch. >> we live in a world now, which you have asset bubbles for the rich. 51 spored by -- sponsored by federal reserve system, and food stamps for the poor. a middle class that is losing purchasing power. we have one institution in washington which is really operating with a policy that is the federal reserve system, a policy men to create stock market boo

p-5 pluts plus od your government in particular in the coming months. i express my gratitude for your hospitality and your phone call. have a good day, mr. president. from the white house, a show of respect for iran and the iranian people. interi believe we have a responsibility to pursue diplomacy and a unique opportunity to pursue in with iranian people. >> from his side, things are changing. >> hearing mr. obama the president of the united states he sounded different compared to the past. i view that as a positive step. >> the presidential call came after this historic meeting which brought iran's foreign minister and the u.s. secretary of state together. the last time any two leaders of the two countries spoke was in 1979. the jimmy carter was in the warehouse. the shaw was ruling iran. there is a feeling that improved relations between the two could help unlock a number of international issues, noaa most notably bringing the leadership to a new peace conference in geneva,. >>> the new leader has been described as a moderate. his action he have indicated there is a new attitude in iran, a nation once revealed as a great satan. >> chemical weapo

mr. secretary, good to have you on the program. thank you very much. >> good to be with you. >>> 15 minutes before the closing bell. the dow and s&pn positive territory, but not by much. with the s&p up about .18%. >>> up next, we'll hear from the cfos of at&t and u.p.s., and how they're preparing for the new healthcare law. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away, if you experience

p 500 index up almost five points. >> do they still have room to run? here to answer that question and more is jay kaplan, portfolio manager and principal at the reus funds. mr. kaplan, welcome. why are the small companies outpacing the big blue chips by so much and can they continue to? >> well, you know, it's been a very good year, like you've talked about. because interest rates have been zero, and we've had economic growth in the u.s. albeit slow, but economic growth. with those two things together, that's been very good for stocks. been very good for small caps. if you go back to the spring, when the fed started to talk about tapering, the implication there was that the economy would grow even faster, the u.s. economy in particular. and small cap stocks are very much leveraged to the u.s. economy so the market took that as a signal to keep the small cap stocks going up, and they performed better than the rest since then. >> all right, so to follow on that line of thinking, if the fed is now saying that it's going to hold off on the tapering plans of the stimulus, that would mean that the economy is slowing down a bit, so small cap stocks shouldn't perfo

p-a-r-l-a-v-e. we can confirm the deceased shooter from this morning has been identified as 34-year-old aaron alexis of ft. worth, texas. we have posted photographs of mr. alexis on our website, fbi.gov. and we ask anyone with information about him to contact us at 1-800-call-fbi. no piece of information is too small. we are looking to learn everything we can about his recent movements, his contacts and his associates. this remains a very active investigation. we currently have our evidence response team moving in to process the scenes where the shootings took place. we will also continue to run down every lead, and we will continue to work together on this investigation with our law enforcement partners. again, we ask the public to look at the photos of the deceased shooter and to contact the fbi with any and all information. thank you. >> is there any indication -- >> can you hold the questions until we get to the finish? okay, thank you. chief? >> thank you for the opportunity just to say what you're seeing here is the teamwork that goes into every law enforcement and public safety enterprise here in the d.c. area every day. and as you'll learn, the

p-a-r-l-a-v-e. we can confirm the deceased shooter from this morning has been identified as 34-year-old aaron alexis of ft. worth, texas. we have posted photographs of mr. alexis on our website, fbi.gov, and we ask anyone with information about him to contact us at 1-800-call fbi. no piece of information is too small. we are looking to learn everything we can about his recent movements, his contacts and his associates. this remains a very active investigation. we currently have our evidence response team moving in to process the scenes where the shootings took place. we will also continue to run down every lead and we will continue to work together on this investigation with our law enforcement partners. again, we ask the public to look at the photos of the deceased shooter and to contact the fbi with any and all information. thank you. >> can you hold the questions until we get to the finish? thank you. chief? >> thank you for the opportunity just to say that what you're seeing here is the teamwork that goes into every law enforcement and public safety enterprise here in the d.c. area every day, and as you'll learn over the days, the heroism of a numb

mr. benmosche is sure to have good insight on, standard & poor's claim. claiming they're being retaliated against by demanding $5 million in fines by how it rated mortgages ahead of the crisis. so far, only s&p is facing those kinds of penalties even though others blew it. we have more on that. >> this is a really good story. i want to get some important legal minds' take on this, suing the federal government, and could this be the truth, that, in fact, the aaa goes away. we'll get into it. >>> let's check where we are in the marks as we see the rally continue, as you can see by the intraday chart. just shy of the high, but very close to it. 110 points on the industrials average. nasdaq composite also strong, continuing to add onto yesterday's double-digit move, another 37 points higher. 3,650. better than 1% there. the standard & poor's index also higher, with a gain in the session of 14 1/2 points, and also very close to the high of the day. almost 1% higher. >>> joining us now on the "closing bell exchange" is anthony chin, peter congress, michael pinto, and our own rick santelli. good to see everybody. thank you very much for joining us. anthony, let me kick it off with you. -- taper thi