. >> more news, republican gubernatorial candidate neel kashkari is taking shots at a g.o.p.ing couldsaying arnold schwarzenegger was incapable of reforming the state because he "needed to be loved." he said because of that arnold schwarzenegger could not do hard thing because that means making people mad. an aide called this "silly," and neel kashkari is is a former treasury state official and is trying to unseat governor brown. >> there will be a lawsuit to block george lucas from building a museum in chicago saying it is a violation of city ordinance to protect public spaces. devoteed bears fan say this interferes with tailgate at soldier field but chicago mayor rahm emanuel is behind the museum says it would bring in jobs and have economic benefits. >>> the second half the major league baseball seasons begins and a's have the bet record but only have a game and a half lead over angels who are doing well. they have the second half at the coliseum tonight against the baltimore orioles with continuations got high a few weeks ago in baltimore when two players have a brewing feud and a

. >>> republican candidate neel kashkari is taking shots at a g.o.p. icon saying former governor arnold schwarzenegger was incapable of reforming the state because "he needed to be loved." because of that, arnold schwarzenegger could not do the hard things because this would mean making people mad. a former arnold schwarzenegger aide calls the statement "silly ." neel kashkari faces a teach climb in the race to unseat governor brown. >> mosquito fogging is about to get underway after more birds and mosquitoes tested positive for west nile virus the second time this week crews targeting discovery bay. starting at 5:30, officials will respond with trucks in the area to spray and crews should be done spraying by 7:00 this morning. now a check on the forecast on friday morning. leyla gulen? >> not too much going on. it is foggy. if you are in the east bay and the higher elevations it is going to be a foggy and cloudy start to the morning. current temperatures in santa rosa are 58 degrees and napa is 59 and novato is 59 and fairfield is 53. we are looking a

and republican hopeful neel kashkari claims in his first tv ad if it's him, he'll start chopping up spending right away. >> first up, jerry brown's crazy train. >> but can a governor cancel high-speed rail on his own? after all, the legislature did pass a law funding it back in 2012. we asked kashkari's press secretary. do you think the ad gives voters the impression that neel is going to take out high-speed rail if he's elected governor? >> he absolutely will if he's elected governor. there are a number of ways that a governor can influence and either promote or block the high-speed rail project. >> influence, sure. but outright block? is there any merit whatsoever in a gubernatorial candidate saying, i can take down high-speed rail on my own? >> yes, there is. but it would be a slow death. >> gary teaches political science at san jose state university and is an expert in state politics. he says like previous heads of state before him, if elected, kashkari could exercise a line item vote. that means he could strip money for high-speed rail out of the budget and leave everything else untouch

>> yeah, neel kashkari is a big proponent of the oil, he's a full embracer of the fracking process.ind of a typical republican line you have heard. but one of the many areas where he'll try to draw contrasts. >> that and the bullet train. >> the crazy train as he calls it. fair to say, it will be part of the conversation. >> all right. scott detrow, i'm sorry, we should out of time. david baker, "san francisco chronicle" energy reporter. and lauren summer, science reporter. thank you all very much. thuy, back to you. >>> thank you, scott. we'll be following the process as regulations are finalized in the coming months. for more in depth coverage in california, please go to kqed.org/fracking. i'm thuy vu. thank you for watching and have a good night.  >>> the following production was produced in high definition. >>> and their buns are something i have yet to find anywhere else. >> cause i'm not inviting you to my house for dinner -- >> -- breaded and fried and gooey and lovely. >> in the words of arnold schwarzenegger -- i'll be back! >> you've heard of connoisseur

>> yeah, neel kashkari is a big proponent of the oil, he's a full embracer of the fracking process.ind of a typical republican line you have heard. but one of the many areas where he'll try to draw contrasts. >> that and the bullet train. >> the crazy train as he calls it. fair to say, it will be part of the conversation. >> all right. scott detrow, i'm sorry, we should out of time. david baker, "san francisco chronicle" energy reporter. and lauren summer, science reporter. thank you all very much. thuy, back to you. >>> thank you, scott. we'll be following the process as regulations are finalized in the coming months. for more in depth coverage in california, please go to kqed.org/fracking. i'm thuy vu. thank you for watching and have a good night. captioning sponsored by wnet >> sreenivasan: on this edition for sunday july 20... secretary of state kerry says there is an enormous amount of evidence the downed malaysian airliner with 298 people on board was brought down by a russian-made missile. a sharp escalation of fighting in gaza. 13 israeli soldiers and dozens of palestinians

>> it's been bad everywhere. >> republican california gubernatorial candidate neel kashkari went on ay $40 in his pocket and a backpack. he went to fresno, california, for a week with one goal, to find a job. and neel wrote about what happened in this morninge's "wal street journal." he joins u ns now from sacramen. >> so neel, what happened? >> i couldn't find a job. i'm 41 years old. i'm going to try really hard to find a job. nobody was hiring. the thing that amazed me was i didn't see a single "help wanted" sign the entire week but i saw fast food restaurants are now accepting food stamps. so the notion that california is back, it just rings hollow for millions of californians, 24% of whom are living in poverty today. >> well, we hear about how great the economy is going. i talk about 4% growth. wall street is just absolutely exploding. the thing that bothers us is, and we talk about it every day on this show, that the rich are getting richer, the poor are getting poorer. there are, let's just say it, john edwards is right, there are two americas. wall street is doing great and ma

>> nobody knew -- this is actually neel kashkari, they thought he was a random guy. >> he won to find whether the california comeback is happening. you have silicon valley the rest of california, two speed state. a jobprobably won't have after november, either. there is a skills mismatch in the u.s. part of it is globalization. is itf it is technology, a compliment to your job or a substitute? if it is a substitute, you are going to have a hard time finding work. that is related to the big things going on. income and wealth inequality. from the labor force. the unemployment rate will probably be 6% tomorrow. because, in part, people are out of the labor market. >> there is the participation rate we keep talking about. of thentina might be out global markets. we take you to buenos aires. ♪ >> yesterday at the fed meeting, charles plosser dissented. ssent to the idea of a perfect summer. a fabulous, more than cool summer in new york city. july a gorgeous as we and in new york city. this is bloomberg "surveillance," i am tom keene. with me, scarlet fu and adam johnson. adam has our top h

the guy that you used to have on tv from goldman sachs, neel kashkari is running for governor in californiao, but jeff, what's your point about market risk that that entails? >> i think the market is looking at smarter policies and smarter policymakers, and that's one of the things that's driving this secular bull market that i think we're in. >> ah, so it likes what it sees. the winds of change are blowing. thank you, jeff. for now, we'll leave it there. tim seymour had to go, but you can stick around and catch him with the rest of the "fast money" crew at 5:00 p.m. they'll be asking aaron jackson of ironfire capital if yahoo! is dead money. that's ahead of the company's earnings report tomorrow as they continue their buying spree, by the way. so, don't miss that. now, we just asked about this a little bit, but is the fed way behind the curve on inflation? my next guest says yes and it could have a huge impact on the economy and markets. he will make his case. also, mylan labs becoming the latest drugmaker to do a tax inversion deal. should a company generating so much money from medicare