. >> joining us now, nigel golf, chief u.s. economist with ihf global insight. chief economist at bank of new york and mellon and a long-time contributor here. gentlemen, thank you for helping us out. is the recession over, richard? >> yeah, the recession is over. it's been my expectation we'd see that recession end mid 2009. the evidence is now clear-cut. three or four months ago it was just a forecast. and to believe that we were going to find that recession trough by the middle of 2009 you had to make the judgment that the government and the fed had done enough to stabilize the core of the financial system. that's what they accomplished. and because they succeeded in doing that, we are playing out a classic recession bottom. so really the critical point was three or four months ago when some people argued we were going to slide into deflationary depression, others argued the financial system would stabilize enough so we'd make a recession bottom at the middle of 2009. it's now no longer a forecast, it's a reality. it has already taken place. we are seeing the

made this season, and we would like to dynamics that nigel brings to the outfield and the lineup, and we like the role of burnett is playing in a bullpen. when we do become a viable candidate for the championships, he would be a viable candidate in the bullpen. we are excited about the -- >> mike zzo talking about the firing of the national's manager, manny acta. we will have more on the coverage coming up at 5:00 and 6:00. >> we certainly will. >>> in other news, metro is enforcing a new zero tolerance policy this morning. any bus or train operator caught using a mobile device on the job will be fired. this comes after a operator sent train messages as the train barrelled ahead. >> people were frightened when they saw the video, because they know how things can happen, and

concerned about, a night off for nigel morgan. he has been waiting to pick a spot to give more fan a spot. told him he was gonna do that three or four days ago. cabrera the shortstop. 22-year-old switch hitter from nicaragua. he was originally signed by colorado at the age of 17 in '04, they got him in the trade last november. and that ball gets away from josh bard. some things out of sync here on the first six pitches of the game.   that's gonna be a fastball. >> rob: got to be, hit some leather, and a little extra movement at the end and josh lets it get by. that will happen every now and then.   . >> johnny: he'll leg out a

in the first inning, singled to center -- nigel morgan comes up throwing a little bit high. when-0 astros. they could have used some of their runs from the other night. the next batter -- that's the end of the inning. bottom of the seven -- this is a three-run homer. the national record is 26 wins and 61 losses. five-zero is the final. in baltimore, -- here is one of the reasons it's going to the all-star game. bottom of the six -- oscar salazar -- the orioles eight games under. the big story at the u.s. open has not been the gulf, but it does the soon to the resignation of the commissioner who has co under fire from the players for many reasons. women's golf has been struggling for many reasons. but on the course, a great finish in pennsylvania. she finished 20 for the tournament. -- 2-0 for the tournament. here is our approach. this will play well for a birdie. one over par. on 18, verdi for the win. -- birdie for the win. nascar gets a rare summer break. racing last night, of next weekend before a week from sunday. on lap 266 -- a crowd favorite -- a great start -- holdin

nigel morgan added three more.e nationals have won four in a row matching their longest winning streak of the season. >>> the red sox players must report to camp today. the first practice is tomorrow. jeremy jar minute agreed to a four-year deal. brett favre won't play for the minnesota vicking. he decided on tuesday he won't come out of retirement to play for the team. the mystics played team ball there last night in indiana, but it was not enough to beat katy who scored a high of 34 points. that's your sports minute. lindsay czarniak. >>> it is a feeling michael phelps won't forget. he lost the 200-mile free style to an unknown swimmer who also blew away phelps los intensifies. competitive swimming, swimsuit debate and new high-tech swimsuits. while phelps was in his speedo, the coaches threatened to pull this from him until the swimsuits are okay. >> i know you swim a lot. >> some of them are expensive as a car. >> no wonder. you would think everyone could have one. pass them out. the suit makers could advertise

animation and special effects that are pretty hard and end up taking cheap shots that are easy you know, nigeld guy with, i don't know, hamsters? i know. i know, you're kidding, but can you let our kids in on the joke, because they're beginning to think that, everyone in corporate america is sinister and out for just nothing but evil. so make them want to watch c.n.n. or cnbc. we can give our kids better. we can tell them first of all to go to fox business, where the profit motive isn't always evil, where we like to remind folks that if you make money, you're not necessarily, you know, darth vader. that's just us, where we can show you a board like this and say, if we see the dow up 15 points, it's not a couple of evil moguls cornering the market. it's average folks participating in the american dream. it is not sinister. that's what we're about, which is why we have a blue dog democrat on tomorrow to say he has no problem with what's going on in

and it was sort of a natural introduction to nigel and fox. >> "so you think you can dance", continues next wednesday at 8:00. and thursday at 9:00. right here on fox 45. . >> baseball history in the windy city today. for one white sox pitcher and the distance from the field to your table just got shorter. because at safeway, there's always... freshly picked local produce at great prices. it's 100% guaranteed to be fresh and ripe, every time. so hurry in for delicious goodness, all right down the street. that's ingredients for life. that's safeway. right now, get locally grown platinum sweet corn -- 8 ears for just $2 with your club card. safeway just lowered the price of summer.

we would like to dynamic that nigel green brings to the lineup and we like the role that shawn burn set playing in a bullpen. when we do become a viable candidate for the championships, he will be a viable candidate in the bullpen. so we're excited about the second half of e season. we're going to -- we're going to go into it starting wednesday on a positive and like i said, i'm going to meet with jim rigleman later on this afternoon and wednesday we'll meet with the club before our mandatory workout wednesday evening. >> [ inaudible ] >> manny acta out and jim rigleman in. >> acta fired with the worst record in the league. and tucker has a record on the myfoxdc.com. >> i think the nationals would be ten games him the next worst league in baseball. >> maybe this is an infusion. >> it can go up from here and they have some layers that have the potential to be pretty good. i'm excited. >> and manny acta had a good attitude and thanked god for putting him in that situation and so do we. >> i want to go back to yesterday quickly and mention it was 90 at area airports. and you're thinking no

nigel morgan, up with a man on second. morgan, making things happen. up the middle.base knock up the middle. willie harris is going to test michael borne. he's a faster guy with the throw. it's good. pudge makes a better play. scoops it, tags harris, he's out. phenomenal play by pudge, the future hall of famer. bottom nine now. game still tied at 5. mike mcdougal facing jeff blum with the bases loaded. blum -- an exquisite situational hitter walked off single to right. yeah, that's it. the nats lose it. 6-5, the final. watching the game with the sweep. he begins serving a two-game suspension. fen sill pitching for the blue jays here in the second. nolan ryan is swinging. a sign of good things to come for the maryland grad. top five, blue chezes up 1-0. raul schaub is up with a man on. the outstretched melvin moore with third. sha chez onboard with an rbi double. more than enough for cecil. bottom six, see sell in the game, just cruises, luke scott sw swinging. that was nasty. cecil struck out five, allowed four hits and gets it third career win as they shot the oriol

nigel, thank you very, very much.the record is great, it's fantastic. >> thank you. >> jimmy: you just finished a world tour? >> yes, that's true, yeah. >> just two days. >> one night only. >> yeah, yeah. [ laughter ] >> we played the glastonbury festival. andhe

nigel, thank you very, very much.d," the record is great, it's fantastic. >> thank you. >> jimmy: you just finished a world tour? >> yes, that's true, yeah. >> just two days. >> one night only. >> yeah, yeah. [ laughter ] >> we played the glastonbury festival. and then a couple of night later, we played at wembley stadium. that was it, that's enough for anyone. >> jimmy: well, that's part of the world. so, i guess it counts. >> that's right. >> oh, it is. >> it's very straight through. >> jimmy: what are you up to next? >> we'll be doing "the jimmy fallon show" tomorrow night. [ laughter ] >> jimmy: that's us. >> oh, i'm sorry. >> jimmy: i'm jimmy fallon. >> well, we're doing some other show then. [ laughter ] >> jimmy: oh, okay, well, that will be exciting. >> and then we're retiring. >> jimmy: what do you mean? >> that's it. >> that's it. >> jimmy: retiring from -- >> from everything. >> from new york, anyway. >> jimmy: what do you mean by everything? >> everything.

i'm nigel and i'm with institute humane studies. congratulations on the book. it's wonderful to see it. you explicitly said that you don't consider economic liberty and the book and i completely understand that. i wonder whether you thought, can you see any spillover from the principals in the areas that you do into economic liberty or do you think that justice kennedy sees them as two totally different categories, that he has a different set of principles, or perhaps no principles when it comes to economic liberty? is there any relationship between these two areas in his work? >> what a great question. i think there is some spillover in terms of, if you think about some of the different structural principles that kennedy tries to weave into some of these other opinions. particularly has a federal opinions. there you see some of the principals billing over. but again, i'm going to kind of offer the same response as i offered to the first question, and say that, because that's an area i talk about in great depth. i would really only want to give sort of a superf