we tried to bring the cup to newport beach. they were faster and we were eliminated quarterly. san francisco has registry. what -- has a rich history. this can be one of the most innovative and inspiring events in california history. if you want to inspire children, if you want to inspire them to see what people can do and what teams can do and what individuals can do, what you want to do is bring the america's cup here. when i was involved to have to go out in a boat and go offshore. for the first time, you will have to -- you will have the most inclusive show. they will see the excitement and technology that goes into it. tens of thousands who have never seen america's cup boats close will be able to see it. the technology is so far ahead of where we were in 1985, it is amazing to see. what the team is doing is pushing technology even farther. i would encourage you to please vote for this plan to bring america's cup to san francisco and let's move on and get the race is going here in the bay. thank you. president chiu: thank you, next speaker. >> good afternoon, supervisors.

newport beach, california. dan is buying another 100 tickets to add to his three online lottery pool. he uses ad revenue to buy the tickets. if he wins, he takes 10%. the 1600 other members of the site share the rest. >> $7. >> reporter: all afternoon, from seattle -- >> $1. >> reporter: to chicago -- >> buy three 50/50. >> reporter: to atlanta, they eagerly handed over cash and bragged about what they'd do as america's newest half billionaire. >> i will retire. >> travel. >> reporter: so, how did the jackpot get this big? well, ask marsha adams. the georgia woman is the last person to win mega-millions. she took home a check for $72 million, all the way back on january 24th. since then, there have been 18 drawings with no winners. each time, the jackpot grew into what's now the largest in the history of the world. 6:00 p.m. on the nevada/california border. people have been waiting in line for hours to buy tickets at this store. nevada, yes, the home of las vegas, where you can bet on anything, does not allow t

newport beach, ca www.rapidtext.com

the interest thing, the true food kitchen in newport beach, california, where this happened, they callednk is interesting is that they don't have evidence to point to, so they have to make it up. >> kimberly: this should be thrown out. they don't have anything to back it up. there are no receipts to match this whatsoever. long at the relishing glee they have jumped on it. >> dana: you know a lot of conservatives, bob. they are a big tipper. >> bob: they are. you are a big tipper. eric is. >> dana: hannity is a big tipper. >> bob: say something about the 1%. if it wasn't for 1%, a lot of charities that i care about wouldn't be funded. it want to get the notion that somehow we hate the 1% out of the door. i don't. i think the -- >> greg: you did some things to me on this show. >> bob: i said i think they have had advantages. but i do concede that they have supported a lot of charitable giving. i appreciate that. this story is one they should haven't run with. hope, look, the lockness monster was a hoax. >> dana: what? that's a hoax? it's not real? >> bob: really upset you now. really going

. >> the trade like a monster event is happening march 30th and 31st in newport beach, california. gig. john and pete will be there. don't miss it. >> with anthony by the way. >> i'm not missing that one either. >> b.k., final trades? >> i like mohawk here, mhk. >> dr. j. >> western digital. it's up 30% in the last three months. >> western did. >> tiffany's is an interesting play. i think the stock is going higher. >> anthony. >> back to my old mainstay, which is pfizer. it's short term

at the big board, pimco ringing the bell from their newport beach headquarters.lk to bill gross in a moment and over at the nasdaq, the national council for adoption. >>> a fresh record high, 548.21 is the new one here. >> did you know that apple did not give up the ghost? this is one of those stocks where every day i expect to see something good and continually -- to me, can i say i thought the research in motion notion that the two guys talked about, which is if research in motion is falling apart, who is getting that stuff in it's apple. it's apple. >> at this point, though, if r.i.m. is losing share and apple is gaining, isn't it incremental? >> i don't know. we're seeing some number about ipad starting to become the standard. i think that what we're really seeing is perhaps a wholesale adoption, no adoption, the wholesale adoption of corporate enterprise to apple. i think that's important. he's directly relating the big change in corporate americas. a little hyperbole, but it did cement corporate spin going this way umplts this means absolutely nothing, but

get back to tony over at pimco in newport beach. apologize for the interruption, tony.where does the bond market go next? >> we don't expect much movement. the better economic news makes it difficult for yields to fall in this environment. there are a lot of big negatives still and some that will materialize more in the second half of the year. here's a list of those real quickly. one that's been, of course, wealth destruction, massive wealth destruction the past few years. the household net worth, there's been $8 trillion lost in a society. that means consumption trends won't be vigorous for quite some time. secondly, credit availability, while improved for the mortgage area, that does all kinds of bad things for the economy including a lack of mobility. an individual in nevada can't move to north dakota to obtain a job. third, income growth, very slow. 2% wage gain year over year. normally it's 3%. the massive financial cliff bernanke has talked about, markets could falter forward in the second half. consumers could, too. $525 billion in tax cuts and spending increase

. >> my two friends from newport beach are with me, too. make sure you get your mammograms. an ultrasound if you have dense tissue. >> thank you for talking with us. >> there are more of us. host: outside the court. you can see the protesters. there will be news conferences. they will spend 30 minutes at 10:00 a.m. to talk about the anti-injunction act. guest: 90 minutes. host: you can expect people will hold news conferences. will we hear from the lawyers? guest: i believe so. the lawyers on the other side will probably come out. it is quite common for the attorneys to come out. host: will we hear from the justices at all/ guest: you do not want to hear the lawyers. you know what they will say. you are interested in most arguments -- you can get a good sense of what the justices are thinking about based on their questions. there are some that you walk away and you were puzzled. quite often you can get a pretty good read after an hour or two about which way they are leaning. this has the potential to derail the decision for a while. the debate is in some ways preassembled. i

. >>> our next guest is a squawk master of the market, joining us from newport beach is mohammed el-erih some of the things we've been talking about. we know you're up to speed on some of our conversations. we were talking about if you can believe it, ochin's law and trying to figure out why number one the unemployment rate went up so much, even though it was a bad recession, obviously, a horrible financial break but it went up more than people predicted and it's come down quicker with slower economic growth. is this more of the new normal? >> yes, joe and in fascinating it's great to hear you speak about the ochin law. it's better than pp by the way. >> you said it. why do do you do that? do do. >> a lot depends on when you start the story. if you look at the last few months, yes, employment has been growing consistent with a 4% gdp print whereas the underlying gdp print didn't make it to 2% but if you go back further and start at the time of the great recession, that story doesn't hold any more, and the reason why is you've seen the economy as a whole do what the financial sector used

newport has built a $6 million storm water treatment plan that discharges on to easton's beach. were doing our job and we've put a lot of money behind keeping our waters clean. and so it really hits hard when this funding is cut off to rhode island, as i've said, as a largely nonpollution-producing state for the country. we're certainly dealing with a lot more pollution from other states than we create for other states. our department of environmental management has reduced its air resources staff from 20 to 30 in the last three years because of budget cuts. so we're up against it and i'll be looking for your support to look our way through this but particularly a rapid answer to the questions. thank you. >> thank you, sir. >> thank you, senator sessions? >> thank you. madam chairman and administrator jackson, i do have to say that this country does not have sufficient money to continue all our government agencies and departments at the same level of funding. they just do not have it. and they house republicans have produced a budget. it's a long-term budget that changes a debt

newport has built a $6 million ultraviolet treatment system for storm water that discharges on to eastman's beach. we're doing our job, and we've put a lot of money behind keeping our waters clean, so it really hits hard when this funding is cut off to rhode island, as i said, as a largely nonpollution-producing state for the country. .. >> i do have to say that this country does not have a sufficient money to continue all our government agencies and departments at the same level of funding. they just do not have it. and the house republicans have produced a budget. it's a long-term budget. it changes the debt course of america. it will keep us, hopefully, from hitting a financial crisis. erskine bowles, the chairman, president obama's chairman of the debt commission warned that we are heading to. so i'm just looking at the numbers here, and i want you to recognize that everybody is going to have to tighten their belt. under the proposals for the defense department, would take by far the biggest reductions. and that's not were funny. that's tasha i talk about the base defense budget. they're taki

newport has built a $6 million ultraviolet treatment system for a storm water that discharges onto easton beach. we are doing our job, and we have put a lot of money behind keeping our waters clean, and so it really hits hard when this funding is cut off to rhode island to as i said, as a largely non-pollution producing state for the country. we are certainly deal with a lot more pollution from other states then we create for other states. our department of environmental management has reduced its air resources staff from 30 to 20 in the last three years because of budget cuts. so we're up against it, and i will be looking for support to work our way through this, but particularly a rapid entry to the question. thank you. >> thank you. senator sessions? >> thank you. madam chairman, and administrator jackson, you have had pretty good budget run in the last few years by any account, and i do have to say that this country does not have sufficient money to continue all our government agencies and departments at the same level of funding. he just do not have it. and the house republicans have produ