amendment number 3 by mr. price of georgia, amendment number 4 by mrs. emerson of missouri, amendment number 5 by mrs. blackburn of tennessee, amendment number 6 by mr. broun of georgia, amendment number 7 by mr. flake of arizona, amendment number 8 by mr. flake of arizona, amendment number 9 by mr. flake of arizona, amendment number 10 by mr. flake of arizona, amendment number 11 by mr. flake of arizona, amendment number 12 by mr. flake of arizona, amendment number 13, 14, 15, 16 of mr. flake of arizona, amendment number 17 by mr. flake of arizona. the chair will reduce to two minutes the time for any electronic vote after the first vote in this series. the unfinished business is the request for a recorded vote on amendment number 3 printed in house report 111-208 offered by the gentleman from georgia, mr. price, on which further proceedings were postponed, on which the noes prevailed by voice vote. the clerk will redesignate the amendment. the clerk: amendment number 3 printed in house report 111-208 offered by mr. price of georgia. the chair: recorded

so the number was not bad. for the fourth quarter for the first time since government records started in 1947. but by the end of the day the bulls can take things back. the dow would need to go, let's see, 57 points. it would be the best july since 1989. >> '89 or '39? i think '39. i'm going to -- >> '39? >> i heard '39 but i will check that again. but the government's cash for clunkers program is the other big story. >> what's going on there? >> all sorts of confusion about it. the reality of the situation is this, it was successful. the white house is working with congress before lawmakers leave town for augusto see if they can add a little bit more money in there so they make sure they have enough to get us through another few weeks of the program. we'll have the latest on the administration's side of this. we have the epa joining us at the national urban league conference that's been going on in chicago the past couple of days. >> the pitches sank on the better than expected gdp news. down to 40. we needed

number 2, number 3 printed in part a, number 7 printed in part a, number 8 printed in part a, number 10 printed in part a, number 11 fingerprinted -- printed in part a, number 12 printed in part a, number 1 printed in part b, number 4 printed in part b, number 7 printed in part b, number 8 printed in part b by mr. flake of arizona, number 9 printed in part b, number 10 precipitationed in part b, number 11 printed in part b, number 3 printed in part c by mr. hensarling of texas, number 4 printed in part c. the chair will reduce to two minutes the time for any electronic vote after the first vote in this series. the unfinished business is qut for a recorded vote on amendment number 2 fingerprint -- printed in part a of house report 111-209 offered by the gentleman from texas, mr. hensarling, on which further proceedings were postponed and on which the noes prevailed by voice vote. the clerk: amendment number 2 printed in pued in part a of ho report 111-219 offered by mr. hensarling of texas. the chair: a recorded vote has been requested. those in support of the request for a recorded v

that number has kicked back up again. the supreme court is more divided now than at any time in its modern history. the average number of to cents per case this term broke the to barriers so that in any given case, you expected to be at least 72 for the first time since as long as i've been keeping statistics. you're much less likely to see brought anonymity across the court. sometimes people confuse the goal of bringing greater coherence to the supreme court pose a decision making with the idea that they once every case to be -- what the chief justice tries to do is to make sure that the court is deciding cases clearly so that you know what the answer is. it might be 5-4100 to% of the time -- five-four, 100% of the time. three judges and other and three judges and number, justice x joins part two-day -- they are down materially. there was only one plurality decision this term down from 34 in the last several terms. while the lines between the justices are going not -- and growing more start, they are able to decide the c

let's look at the year over year numbers. do we have those numbers? did we not get it this time either? about 29,400 people versus 35 thousa ,000 a year ago. so 16% reduction. negatives here, a $700 million loss on commercial mortgage loans. that was a part of fixed income currency and commodity. that is interesting. again, i want to exsome sblor that more, hoping to get a call back hoping to get more. warren buffett, some of you may be wondering about, he's well in the money. he's getting paid 10% for $5 billion and then another $5 billion, thank you very much, in warrants, exercisable at $115. he's well in the money. those warrants have a five-year life. way to go, warren. all right, erin, back to you. >> thank you, mr. faber. >>> up next, stocks on the move including burger king and caterpillar. both on our list. johnson & johnson also trading higher. after beating the street. we'll talk to an analyst who went in more bullish than his peers. what did he discover? >> and a great story here on the wire we'll get into later. you're watching "squawk on

it is job approval number is down, my number is going to be effected on election day. greta: how bad can that gap be? >> it can be huge. in the case of obama, the media beat up on him personally as well as his politics for bush. obama is a very likable guy. the public does like him. they are enamored with him as a star status. even though his popularity numbers are still very high, his job approval numbers on a lot of subject areas are starting to take. -- tank. the guys in the house have to be sweating. they have been put through the wringer once on the stimulus. twice on capt. trade. now big -- twice cawnpore cap and tra de. g -- trade. greta: i think the taxpayers are saying, if you are going to g vote, read it. >> they are forcing them into a plan which i guarantee number of the house will have read this. greta: we did a poll. most people expect they will read the bill. >> know. this is so complex. the scale of what they are trying to do is mind-boggling. greta: it is incomprehensible. do you really understand it? >> i do not know. greta: get her reading it, and i

numbers are going to be huge. it's going to be the mother of all mortgage quarters. so you may have, you know, a nebulous earnings number. >> price target $286 a share. goldman's one of the big names on tomorrow's stock. earnings season crucial. the stakes especially high for the market as it begins this week. companies in the s&p 500 are expected to post 17% drop in earnings compared to the same three months last year. and when you break the market into ten industry sectors, only one, consumer staples, is actually expected to report an increase. joe and becky, our earnings central this morning. hi, guys. >> good morning, erin. good morning, everybody. welcome to earnings central. this is a brand-new location. >> whoa, whoa, why! becky why are you so far, far, far? >> we're getting used to this new setup. >> is it only going to be two chairs all the time? >> we're going to be swapping in and out. manning the earnings central desk we've got the computers behind us ready to go. >> maybe that's why. we want to show t

numbers? >> absolutely. there's less distortion at play for the european numbers. we have to be careful. the german numbers that we saw this week for july included a statistical change which means we saw a fall in unemployment whereas the underlying situation, i can assure you with gdp shrinking 6% this year in germany is substantially weaker than that. so there are some distortions that pay and that's going to be more of an issue for july numbers. >> where are we on that cycle of inflation? >> these are july numbers. what we're going to see is a negative annual rate. this is probably going to prove to be the low point for german inflation. at last year's figures decline, the numbers will look very soft as the ecb has been warning us for some time. we're probably going to see a modest acceleration back into positive territory over the course of the next few months. >> james, this is christine here. in japan, we've got a ten-month high on corporate earnings but on the other hand, we have household spending remaining weak. when will all this good news from the corpor

delauro of connecticut, number two, number three printed in part b by mr.broun of georgia, number two printed in part b of mrs. blackburn of tennessee, number two printed in part c by mr. campbell of texas, number nine printed in part d by mr. flake of arizona, number four printed in part d by mr. flake of arizona, number 12 printed in part d by mr. flake of arizona, number 7 printed in part b by mr. kingston of dwea. the chair will reduce to two minutes the time for any -- >> mr. speaker. parliamentary inquiry. the chair: the house will come to order. >> mr. speaker. the chair: the house will come to order. the gentleman will state his parliamentary inquiry. >> it's my understanding that the first amendment that will be considered is the delauro amendment which is a manager's amendment which incorporates a number of provisions, a number of provisions in fact that do legislate on an appropriations measure. is it not correct, mr. speaker, that within the rule, and the rule was h.r. -- was it 609? the rule? providing for consideration of this measure before t

in our top five at number four, up from number nine last year.wa scores 1394 out of a possible 2500 points. iowa boasts the lowest cost of doing business in the country. and while the national economy was melting down, iowa's mostly agriculture economy surged by comparison. the fourth-best economy in the country. it was number 29 in that category last year. not that iowa is immune to the downturn. unemployment at 6.2% is rising, though still well below the national average. foreclosures are up from last year, but still far below the national rate. the top individual income tax rate is 8.98%. the top corporate rate is 12%. the state sales tax is 6%. would's largest employer is the principal financial group, a financial services giant with $236 millibillion in assets. iowa's biggest industry is agriculture, the nation's top producer of beef, pork and corn. interesting, last year's number four was idaho. it fell to number 22 this year, and it's all about the economy. so where am i? here's our hint. this hour's hint for business. music city, usa. oka

we'll look at the apple mac numbers. $2.6 million the number he focused on. we're waiting on the apple numbers and will have them momentarily and tell you why shareholders of southwest air are not feeling love today and back talking about the market action and what to expect tomorrow. back in a moment. access to favorite courses chef's meal with pommes frites perhaps a night at the theater with extra special seats additional hotel night, our treat you world in perfect harmony: priceless look for world on your mastercard to get rewards and offers that matter to you. >>> and you're looking at a chart of advanced microdevices. amd reported second quarter revenue at $1.1 billion. that was fractionally better than the estimate of $1.13 billion. looking for a loss of 47 cents a share. the stock is down 8%. the company just reported earnings saying the second quarter revenue as you can see looks slightly better but the loss of 47 cents a share estimate we are getting that number on an eps basis for you. the stock right now is certainly reacting to numbers just comin

we're still number one in infant mortality, number one in short life expectancy, number one in poverty and home foreclosures, so there is a structural gap that he addressed that must be addressed by government politics as well as will it will be motivated. >> it's good to see you, reverend. >> thank you. >>> we'll take you to newark, new jersey who says it's time to give his city a second look. >>> this is gps, the global public square. welcome to all of you in the united states and around the world. >>> black presidency was also a topic as president obama addressed the naacp. >> we know even as our economic crisis batters americans of all races, african-americans are out of work more than just about anybody else. we know that even as spiralling health care costs crush families of all races, african-americans are more likely to suffer from a host of diseases but less likely to own health insurance than just about anybody else. >> so to take a closer look for our american dispatch series this week, we went nearby. the president was in new york. we went to newark, new jersey. take a look

we have a real number and the imperative was to get below the 2200 number.have a range so the u.s. can say that its number was still justified by the interim nuclear posture review. my hope is that by the time the treaty is ratified by the senate, the nuclear posture review is completed and we can say that we can go to 1500 ñbw because it's justified by the review. on the delivery systems, it's in part how you define the delivery systems. and my guess is that the administration has sides -- said to the russians, if you want agreement on that lower number, you have to change the counting rules. what counts as a delivery system enables us to get closer to the 500 number. if you don't want to change the accounting rules, you probably have to change a few, then at the higher number. and the negotiation is between the trade-off of two, what the accounting rules, and the numbers. my guess is that the wkÑrange, lower number will be where the russians expect to be. the higher number will be what we can justify based on the interim nuclear posture review. with the no

number one, a weak consumer and number two, a weak financial system. both of those systems, normally speaking, are morrow bust and more clean than they are right now with a lot more power. so we feel the risk, a double dip recession this time around, while it's not our base case, we think the risk is probably higher than normal. >> james within what do you think? >> i think it probably is higher. but i believe with the amount of stimulus, it's unlikely unless we get a policy error and unless the central banks start to raise rates too early. my guess is actually they're going to need to keep rates very low for a long period of time. one of the concerns i have about central banks is they all felt that greenspan kept rates too low for too long and that led to the inflationary bubble. i think it's a very different environment. >> you're not one of the inflationist fear camp? >> no. i mean, i think there's so much talk about inflation and yet, if there's any environment where inflation is really not very likely at all, it's right now. you've got massive amo

just numbers. >> you know what? it's just numbers. but the numbers are getting better. >> they're getting better. they're at least going up instead of down. i'm with you on that. the recovery is at hand. it's a question of how long is it going to take, and how long is it going to be as we bump along the bottom. >> i'm going to declare victory and bail out of that one there. because you heard it, diana olick. our chief expert on housing. i'm going to trunk ate that quote and take it out of context. thank you very much, diana. and do not miss us tomorrow night on "cnbc reports" at 8:00, have we hit a housing bottom. >>> david tice is with us and the ever-bullish bill paulson and steven staller of staller investment group and tom lieden, another bull, and cnbc's rick santelli. where should we start, gentlemen? who wants to start us off? i think this housing -- these housing numbers, despite what diana olick says, i think it's good news. >> what do you think? >> i think we've -- >> i'll jump in here, dennis. as diana said very succinctly,

mm. >> number three! you're right! >> he doesn't do that now. >> number two? is? sure, your mom can stay a week. >> and number, justin. >> number one was -- ok, we can turn off the game. >> he would never say number one now. or two or three. >> it's funny. as we get closer, we just asked all the married guys, what does your wife say? put it down. you could have done the top 23 with this one. >> i'm starting to understand why your wife beats you. >> where's that cheesecake now? we're having fun. >> i'm so glad. i don't know what these are until we come back from the commercial break and i feel, like, sick about it. >> wait until tomorrow. >> great. >> one week left. >> wow. a week away. >> a week away. >> the city will shed a tear. >> let's get married. >> norm will be back with more on the forecast coming up at 5:00 with the chance of scattered thunderstorms today and more so tomorrow. megan, you're good for it. >> thank you. thank you for joining us. see you tomorrow.

we brought the number is down substantially from the june 15 number to the delight to numbers.that is great news. although we have a lot of work to do, we are heading in the right direction. we cannot have dennis about your analysis and advice and counsel. we ought to be grateful for what the congressional budget office has done to guide us through these waters. that is a valuable contribution. we are deeply appreciative of you and your staff. >> thank you. >> stand to recess for 30 minutes. >> want more of this senate health committee markup of health care legislation at our website. also find a link to the congressional budget office report on the cost of the bill. that is that c-span.org. h[captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2008] >> the senate health committee continues the work this morning at 10:00 eastern. we will bring you the proceedings live on c-span 3 and c-span.org. >> how is c-span funded? >> the u.s. government. >> private benefactors. >> a diggs gamez government raised. >> it is not public fu

we will break down the numbers the moment the numbers are released. the estimate calls for a profit of 50 cents a share on revenue of $8.83 billion. we're on it when the numbers come out. we'll show you how the stock trades in the extended hours. here's what we're looking at at the close and where the markets settled out. the dow jones industrial average up, yes, but way off the highs of the afternoon. up 81 points. 9152. but look at the sell-off right at the close, actually, despite these strong numbers. nasdaq composite also closing off the best levels of the afternoon-w a gain on the session of 16 1/2. nearly 1% at 1984. and the s&p 500 driven by higher oil stocks up 11 1/2 at 986 despite weakness in exxonmobil. we get all the action from bob pisani, our eye on the floor of the nyse. >> watching to see foote s&p 500 could break into the 1,000. it would be the first time since november of last year it happened. it didn't quite happen but this was st. louis a powerful rally and still a great day. >> but what happened at the close? >> we came off of t

>> i could give the number but i've been advised from security grounds we should not get out the number of helicopters or equipment in a particular theater and i don't think it's been the practice of the government to do so. i can tell you there's been 60% increase over the past two plus years in helicopters and because we've got more capability on the field, because we have more cruise on the field the helicopter pilots can be better used and that's 84% but i don't think it's been the practice of government to say what is the number of particular equipment in any particular theatre. this isn't because i want to hide the information but this is what i've been given in the past and it's the right advice to accept. >> would you be happy to say how many mastiffs have gone out to afghanistan? >> we've been happy to say there's a large group of mastiffs available -- >> you've been given the numbers? >> we've been happy to say there's a large group. it is not enough interest to get out a specific figure. >> not in our interest. do you know how many fast jets there are? >> i haven't given a fi

it's an astonishing number, headline-grabbing number, more than all of the wars fought together. world war ii cost about $2 trillion in today's dollars. it's a huge headline-driving number. the treasury department shades that number, pushing back hard saying it's wildly unrealistic and likely never ever to actually amount to that much money. >> eamon, he's the inspector general of the t.a.r.p. funds. it's supposed to be a nonpolitical group that is assessing what's going on with all of the potential axe to grind? >> actually i talked to neil barofsky the special inspector general last night and asked him exactly that. he said look, we're trying to make the point that his job is just about t.a.r.p., one of the many bailout programs and he was trying to add up the cost of all of the bailout programs. there's a lot of stuff beyond t.a.r.p., what the fed is doing, fdic, what treasury is doing outside of t.a.r.p., all of the other pieces. he was trying to get a catch-all number to capture all of the obligations that the federal government potentially has as a result of this and add it

in asia, india's number two i.t. services company's emphasize beats expectations and raise is its full year profit forecast. >> i'm ross westgate in europe. in the end, the g-8 has debated the currency question after france supported china's call for change. >> yeah. they couldn't resist. after 40 days and 40 nights, the new general motors will emerge from bankruptcy today as a leaner company, but under the government's thumb. >> right. welcome to the program. we just got some data out of the uk. we've got producer prices, june, nsa output prices, minus .2% on the month. the consensus was for it to full minus .8%. sorry, that is weaker than the consensus from minus .8. that is the weakest since dose 2001. the core output prices minus .8% on the month. that is weaker than expected. that's the lowest annual rate since june 2004. and the nsa output prices, down 11% on the year. the consensus was for that to be mean was 12.2% on the year, so slightly better than expected, and the weakest rate since april 20201. james shu

the number has gone up. particularly when they tie health care to deficit. >> how about gaining independence? >> huge, huge number. we've been polling at abc and washington post since 1981. highest number of americans calling themselves independents, than we've seen 4rks 1%. we only saw that once in 1996. their approval of president obama is also slipping. 67% to 58%. they're the real bellwether. republicans solidify their sition where we see slippage among independents. >> the more he talks about health care the his ratings drop. >> more people learn about it. everybody knows about health care. they do want change. they're worried about the cost, whether they have to give up what they have. >> george stephanopoulos. thanks. >> asked in an interview by the way what the poll numbers meant to him on health care, president obama said it means what we're do something hard. nevertheless the president seems more determined than ever to try to close the sale on health care before congress leaves for the august rece

you look at the numbers -- i love watching strategists' numbers. normally they should go up a little as the quarter progresses. go back to april. the numbers are actually a little stronger back in april compared to now. except for a few discretionary, consumer discretionary stocks, a few financial stocks, generallight earnings estimates have not gone up. for this quarter and i think the market sense that's, understands that and that's part of the problem. where are we right now in the earning psych snl. >> well, i think from a cycle perspective you're talking about that you're closer to a bottom. analysts have probably overshot in one direction. they've corrected themselves. they don't want to be too fanatical in either direction. so i suspect you'll see a tapering off and just kind of have some mellow estimates, closer to long-term benchmark numbers. >> is there anything that's going to surprise to the up side here? >> i think this earnings season is going to be to the up side. we'll have financials that will probably outperform. technologies prob

it depends what the revenue number is. we were looking for 6.1 billion of revenue net of interest expense. you know, they hit that revenue number, it's probably just a reaction to the run it's had into the quarter. >> yeah, the revenue was just about there. $6.09 billion for the revenue on american express for its second quarter. dan morgan, you heard the news on microsoft, and you mentioned earlier that the business component, the business side of the business is very important. it looks like there was some light numbers there on the business side. the stock is trading down. microsoft is in the extended hours. what's your take on the quarter? >> well, you're right, maria, that's a very important segment because that's the selling of basically their office suite, which is very popular. you know, obviously not a good number, below expectations. a little bit disappointing and surprising after intel had such a good number in terms of last week. so i think overall what you may be seeing here, maria, is kind of the -- we're at

flake: number 60 -- sorry. number 1. number 1. the chair: number 1. the clerk will designate the amendment. the clerk: part c, amendment number 1 printed in house report 111-209 offered by mr. flake of arizona. the chair: pursuant to house resolution 645, the gentleman from arizona, mr. flake, and a member opposed, each will control five minutes. the chair recognizes the gentleman from arizona. mr. flake: mr. chairman, before proceeding with the time constraints here, i ask unanimous consent that my amendment be modified to the form i placed at the desk. the chair: the clerk will report the modification. the clerk: modification to part c, amendment number 1 printed in house report 111-209 offered by mr. flake of arizona. at the end of the bill before the short title, insert the following -- section, procurement and acquisition of alternative fuels. none of the funds appropriated or otherwise made available by this act may be used to carry out or pay the salaries and expenses of personnel who carry out section 526 of the energy independence and securit

no question. >> a big number and a small number. >> no kidding. all right, christine romans, thank you. >> bye-bye. >>> well, well, well -- >> hey. >> look who it is. it's rob marciano, everybody. he's back from foreign land. >> yeah. can you hear the crickets? cricket, cricket. i don't know if you're looking for applause, but you're not going to get any. >> we had some good weather while you were gone. >> i got off the plane in atlanta last night, low humidity, comfortable temperatures. i thought i got rerouted somewhere else. the southeast again, as you said, very, very comfortable, very, very cool, low levels of humidity, and that's been the story really for the past few days. texas on the other hand has not seen that. check out some of these numbers. 107 in mcallen, del rio 106. some of these places have seen temperatures over 100 all but two days of this month, and most of those have been record. certainly nasty weather for those folks. on the map, temperatures warm down across the south, that's where you're going to see the thunderstorms. ba

i jumped in premarket because the numbers weren't that ugly. they were second quarter numbers. we know all the good stuff happening with microsoft with the third and fourth quarter with the xbox and the rest. >> it hasn't done well the past decade. >> the cash flow and the balance sheet. >> the stock, the stock performance. take a look at the chart and it hasn't done that much. why does win 7 all of a sudden move the higher for microsoft. >> because they've been stuck in the vista vortex. they haven't been innovative on the product side and they haven't broken out. i would argue it has broken out and it has responded to the exciting product launch cycle, that's why you can buy it. >> this to me, i don't know. >> in 12 hours that's the stock you buy. >> i tell you what we need to be careful of, we need to be careful of getting the pompoms out and it's okay. you are talking about the credit cards. the consumer is not okay. we've had a tremendous run. we had a big lift in the market. we wanted this catalyst. we wondered who would lead us this earnings season. it was goldman sachs

number one was product mix. and if we have a mix of products, have different gross margins, we invested with the set of new products in the market on more spares to help ensure we're delivering great customer satisfaction and there was some discounting, and that discounting was mainly in the service provider segment. i think as we guided for the next quarter, we believe we'll be back within our range on gross margin. >> okay. bernstein today came out with a note about your spending in general. saying that juniper is at a near trough in earnings, but necessary to cause an acceleration is one to two quarters away. would you say bernstein's pretty much on the mark when it comes to what it sees for your earnings being at a trust and what it sees for spending? >> well, we in this last quarter, we saw service provider revenue decline by about 1 percentage point. i think we're bouncing on the bottom with service providers. our enterprise revenue grew by about 12% quarter on quarter. so we're seeing good demand and stro

a lot about the poll numbers that show his numbers are down a little bit. the honeymoon may be over but it's still a good marriage. the public loves barack obama. we may disagree with him about particular recipes and answers on policies, but we still have enormous confidence in him and that is the reservoir of goodwill he will depend upon. health care is the toughest fight. in addition to the cbo report over the weekend another critical piece. governors around the nation an i had written a piece a couple of weeks ago states cannot afford the additional medicaid costs built into this plan. so when it comes to health care, the president has got to answer and his aides have got to answer how do we control costs? the cost side of this equation hasn't been addressed and i don't think he will get the senate to bite on this when jobs are going down and people afraid of new taxes and additional trillion dollars of spending, whatever the number may be, won't be something they want to be until they explain how do we control costs. he has to say to rahm and other peop

my numbers are street high. i think my numbers are conservative. i think the company's going to report a great quarter next tuesday. and i think the stock's going to go to $175 here in the second half of the year. >> i guess you want to be buying that now is your recommendation. dave, do you agree with that? mobility certainly an area where a lot of poom belieeople believ growth of technology. >> i think in the near term i certainly agree with that. i think we're seeing consumer spending possibly coming back a little bit within enterprise spending. meft most of our companies with the exception of microsoft are more geared toward enterprises.. i agree with brian in the sense that i think the worst is behind us, but i'm not sure we're going to get a meaningful recovery, at least until the back half of next year. i think a lot of investors think the worst is over, and i agree, but i think they're also hoping that things get better in the near-term and i tend to disagree with that, i think we could bounce along the bottom for some time. >> as far as pu

because it hit the numbers. this thing pulls back enough, that's going to be a great stock to participate. >> like i said, go after and own the names that have the exposure, the actual exposure to the residential home sector. >> got it. >> american express, that's where you want to go -- >> next trade. time for after hours action. amgen is trading higher now after reporting second quarter profits 40% on lower costs and restructuring. the company also raising its guidance for the rest of 2009, yes, we talked about it ahead of time. joe told everyone to buy it. mike? >> yeah, michelle, i'm sitting in on the amgen conference call right now, and the ceo just finished up his scripted opening remarks. basically saying regarding health care reform before we move on to earnings what's boilerplate this earnings season out of the industry, that the company supports it and pleased to have the seat at the health care reform table. but let's get to the earnings. so it beat by 13 cents on the bottom line, it beat on the top l

troops numbers have been rising through 8 years.roop numbers have been rising through all of that time. the demand for increased number of helicopters has gone on rising so why are they still being equipped and why are they still training the crews when the demand is there? and will he -- will he explain to the house of commons and to our -- and to our troops -- >> order, order. i'm sorry. the honorable gentleman's question is simply too long. prime minister. >> i think his question would have some validity if there hadn't been a 60% increase in the last two years. if we hadn't increased the operation capability of helicopters and are putting more helicopters in the field as soon as we can. and i have to insist with him that the terrain in afghanistan is different from iraq and that is why we've got to reequip the helicopters with new blades as well as re-equipping, obviously, our staff to be able to deal with the servicemen to teal with the problems there. i hope that the conservative party will come to accept we are doing everythi

numbers. >> this economy is an athlete and a pretty good one. >> exactly. >> michelle, tim, thanks for your time. >> thank you. >> thanks. >>> coming up, chipmaker texas instruments beating the street after the bell, but it cautions the economy is being hit with a big fine. welcome to progressive.com. you must be looking for motorcycle insurance. you're good. thanks. so is our bike insurance. all the coverage you need at a great price. hold on, cowboy. cool. i'm not done -- for less than a dollar a month, you also get 24/7 roadside assistance. right on. yeah, vroom-vroom! sounds like you ran a 500. more like a 900 v-twin. excuse me. well, you're excused. the right insurance for your ride. now, that's progressive. call or click today. everyday we generate 8 times the information found in all u.s. libraries. where did it come from? store transactions, market movements. emails, photos... videos... blogs... what if technology could capture all this information... and turn it into intelligence. we

we'll-- let their numbers be stg armed.aying that is exactly it whatnot happen here at all. -- is what did not happen here at all. the plan has changed. obama and the administration have implemented some of these cost-savings suggestions. neil: but nobody said any of these were added. it was as if they re-scored it. they knew they had to win over this group, and they may have thrown them a bone or not, but a few days later, of a lot -- voila. >> we in the media have to ask some questions, but i think he laid it to bed pretty well with what he said. neil: did you understand what he said? >> yes, i did. neil: you are a smart guy. >> yes, but so are you. neil: thank you. just as you, with a measly $100 million -- so, they did. late, but they did. other little -- a little lame, but something. printing on both sides of the paper. canceling trips to australia. and canceling subscriptions for bureaucrats. my next guest says it is a start, but it is a sorry one. he is with the tax foundation here to sort it out. scott, these cabine

did we get a number, mark, david, on when they ran the numbers, what did we get on the number of 50, as opposed to 25 and the cost of the bill? >> they didn't give a full sensitivity analysis, but they did run a number, where if if request was to try and keep the dropping of employee insurance low, then, the amount of the penalty, if you started imposing it at 50, would be very, very much higher. it would be in the thousands. they certainly didn't score the 500 number, but i suspect they viewed that as functioning the same as not really having an employer assessment. >> just two points. acknowledging the validity of this debate. because it does go to our economic vitality. i think we need to anticipate as this moves out, we're going to need to know, this debate is going to happen again. rather than doing amendment by amendment request of c.b.o., that we really have an employer range from 500, what does it mean for 250? 100? 50 and so that we're not asking them amendment by amendment. and we anticipate that these are rational quicks that we should be asking about how we can promote ec

number five, utah. number four, iowa. number three, colorado.ere we go with the runner-up, state number two. a perennial power among top states for business and economic juggernaut even now with an infrastructure second to none. but the lone star state, texas, could not repeat last year's number one performance. missed it by just four points. texas scored 1474 out of a possible 2500 points. even now with the price of oil less than half what it was last year, and a growing real estate crisis, texas still boasts the best economy in the nation by far for the third year in a row. its transportation and train structure top our rankings for a second straight year. but texas lost just enough ground in the key cost of doing business and quality of life categories to fall from the top spot overall. unemployment in texas has risen to 7.5%, but foreclosures have r. down slightly from a year ago. no state has more members of the fortune 500, 56 call texas home. it helps that the state has no state income tax and no corporate tax. the state does impose a fra

we brought the number is down substantially from the june 15 number to the delight to numbers. that is great news. although we have a lot of work to do, we are heading in the right direction. we cannot have dennis about your analysis and advice and counsel. we ought to be grateful for what the congressional budget office has done to guide us through these waters. that is a valuable contribution. we are deeply appreciative of you and your staff. >> thank you. >> stand to recess for 30 minutes. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] >> you can watch more on their website. you also find a link to the congressional budget office report on the cost of the bill. that is that c-span.org. >> the senate health committee continue their work on health care markets tomorrow at 10:00 a.m. eastern. we will bring the proceedings to you live on c-span3 and c- span.org. >> ronald and alice 3-on president harry truman and his decision to recognize the state of israel. >> no one knew what truman would do. there is a press c

please pay attention to these numbers. before the -- before the administration, colombia had trillions against killers of trade unionists. today, we have 195. today we have 175 people in jail because they have been convicted or they have been indicted for killings of trade unionists. therefore, we have advanced protection and in our unity. we have one paramilitaries. and today with the cases have two sources. the other response to isolated cases would. we say that we have made progress, but we want zero cases. we have said that we need to do much more. in the case of the labor rules we have advanced a lot. last year we had a very important loss. one law, the power to say if any strike is legal we turn to this power. from this to the justice administration. we have restricted, we have introduced a ban for cooperatives, that they can no longer be labor intermediaries. if they want to work, they have to pay the shareholders or that source of benefits and they cannot act and sleeper intermediaries. i signed a call law. but tod

numbers seem reasonable this quarter.e like the setup for the stock, particularly for 2010 and not necessarily for the june quarter. >> when do you expect the stock to correct and how much? because your price target is now $5.80. >> i don't expect it to correct if there were to be a miss in the numbers and a material miss, it will correct. i don't think that will happen.. i think street numbers for this quarter are relatively reasonable, $5 and $5.25 for this quarter. >> this is karen. i saw bing move the needle a thineny bit, maybe more than a tiny bit. is there any real threat from bing and/or yahoo if they come out i think they are upgrading as well this year? >> here's the setup. is it bada-bing or is it bada-blip. you had one month of data. i think the conclusion has to be bada-blip. they increased their market share by 40 blips. they increased their market share by 280 bips. and they introduced microsoft cashback and they increased by 70. this year, a $100 million advertising campaign plenty of positive publicity, 4

we had the highest number in real numbers we've had this year. >> seasonally adjust, happening now. >> because of autos. >> wait a minute. if we seasonally adjust. you guys are the same ones saying when it's not seasonally adjusted.. the fact we seasonally adjusted it to make it a more accurate reflection, right? >> i'm not one of those guys. i'm telling you when you go to the commerce department itself, their own data, they're telling you they're having to make an odd and unusual seasonal adjustments because of the auto industry. >> sure. >> that's why we're seeing lower print numbers, in the face of getting the highest actual number we had this year with 676,000. you didn't see that in any data. >> earlier this year and now the claims are coming in way way below that. john fisher -- >> i'm telling you today the number was 676,000. >> what are you talking about. >> today's actual number. >> there's been a plunge in the four week average, there's a huge down. >> i think the bias for the market for the rest of the year, thanksgiving, maybe around christmas time, the market wants to go

k at the to point number -- look at those dew point numbers. that means low humidity relative to july. stafford at 66. a lot of sunshine for today. a few clouds later on today. noticeably cooler and less humid. highs in the low 80's today. tomorrow, pretty much the same story. comfortable with highs in the low 80's. we will seek a brief return of the heat and humidity. high temperatures up to where they should be. whether looking great this week. >> -- the weather is looking great this week. >> there is a crash on the outer loop by the clara barton part way. this just in according to mdot. i just got off the phone. new york avenue is closed in both directions between bladensburg -- wait a minute. between west montana avenue after bladensburg wrote. this is after the old hecht company warehouse. they tell me new york avenue will be closed for 30 minutes. avoid new york ave. they are still paying a portion of 410 westbound heading over to route 1. only one lane is getting by. i will take you to the camera where it is quiet becausee needed to end

your next number is4 and your file number for your pick 4 is - 2 4642 it is your number. maryland, let yourself plight. check out mdlottery.com. >> we have been getting away with great weather the last few days. we have a stormy day ahead this afternoon. temperatures will be near 90 and a slight chance for severe thunderstorms and we have a severe thunderstorm watch until 5:00. the humidity will go back down later in the weekend. >> thank you for joining us. have a great weekend, everybody.

look at these numbers. in the month ending june, which is the most recent date we had, they pulled out $1 16r billion in money market funds. that's probably something like $3 trillion in money markets, so probably 5%. so the question is, what the heck did they do with 160? where did everybody put this money? a lot of people paid bills.s. charles biedermann -- believe it or not, bond funds still getting in flows. it may have been starting to reverse in the last few weeks, but look at the numbers here to date. stock funds year-to-date until the end of june are exceeding outflows. can you believe it? still for the six months of the year, first six months, those bond closes are getting $113 billion in in-flows still. trish, the question is, when is this going to reverse? >> hang on. what is this telling us here? this is telling us that people are still reluctant about this market. and yet what you tend to see is the masses follow, though. so in other words, all these individual invest tors, unfortunately, are l

my amendment number six. >> amendment number six. >> which essentially says that that takes out the numberthat's in here, the $65 premium and just simply directs that the secretary shall set a premium that causes the program to be solvent over 75 years. why 75 years? because that's what we score social security, medicare and medicaid on and when you start reducing below 75 years we're basically playing games with the number, and so an accurate act rarial approach to this to give us reasonable numbers and to remain consistent with the scoring of that is of served. it is an attempt to gain the numbers. that is all this language does. it says, let us strike the number. but this make the program solvent there seems to be a solvent -- a consistent the there should be a solid program. but said they solvent program. it will probably between $85.100 dollars. it to be adjusted. that' is the estimate i have heard. the outside actuaries came in at $100. i am presuming it is somewhere in between. >> that of the secretary's job? -- will be the secretary's job. shall be given a job. that'll be a number

we think is a cleaner number.says there was a higher number expected some guys on the street were looking for plus 600,000, which was an absolute return to where we were. what we see is there is some improvement. if this is, in fact, a clean number we can say there has been a downshift in jobless claims. when i look back at what we call the insured rate, those getting unemployment insurance, we can see it's ticked down in the past couple of weeks. that in general -- there's the near term chart. there's the downturn. what you'll see is this number turns down ahead of a decline in the unemployment rate. we need -- we have a lot more to go here, but -- and we'd like to see that confirmed but you see here, that number tracks just a little ahead. the peak there of the yellow line and the peak of the blue line, the peak yellow comes before. >> steve, i don't know if you heard earlier, dow chemical came out with their numbers, reported a profit, that was unexpected and made comments that it looks like the american econom

the charge off numbers from jpmorgan were very high and i think that jpmorgan's numbers from an underwritingpoint is more conservative than bank of america. you have to understand that the area is moving into q4 and start going down with the capital that becomes an issue or not. >> al, what do you think? >> i would have to agree with the statements. when we look at the bank of america tomorrow, it's hard to get a read on today. we have to get the activity out of bank of america and strong lead financing, but jpmorgan is more conservative with the underwriting. the market was looking to crack open the champagne and say consumer concerns are over, but i don't think they are. charge offs are higher and we had stabilization in delinquencies for jpmorgan. we saw that recently the data out of jpmorgan and bank of america as well. tomorrow we will see out of bank of america. >> we just ran a headline. the new york state labor department said the securities industry added 1400 jobs in may and june.. does that shock you as much as it shocks a lot of us? >> it does shock me a little bit. we did see a

you see a number here that's about an equal number of new agencies matching up with the equal number of existing agencies. as you read through this, there are all kinds of components to this that ought to scare any freedom-loving person. the one i direct your a-- our attention to is down here at the bottom they have left-hand circle is this, it takes the traditional health insurance plans, the white that's existing, and now they have to qualify, they'll have to qualify so they meet the obama standard for new health insurance companies. so if you're an american citizen with a murns plan -- with a health insurance plan that you like and you want to keep what you have for a little while you can keep what you have, but it'll have to comply, the insurance company will have to comply with the new standards written by the existing or future health insurance czar, surely we have one or will have one, we have 32 czars or we couldn't have a nationalized health care without a health insurance czar that czar will be writing the rules. it's not in the bill, on what it takes for the traditional he

that's a high negative number, isn't it? >> it is a high negative number. the right answer is it's going to be the same or better. and if you don't have it now you're going to have an option. if you lose your job and lose your insurance, you're going to have an option. you're going to have a guaranteed health care insurance option available to you. at a cost you can afford. it's important to all the people who have inshuns. by the way, we're playing a lot of our premium dollar that aren't in the system. for everybody to be in the system and pay up just like automobile insurance. we think that's a step forward for the american people. president obama's health care plan is, 4 % say it's a bad idea, 36% sate's a good idea. that 22% not sure and no opinion. aren't these the folks you have to win over to make this thing work? and how are you going to do that? sounds like you're going to have to go on a major pr campaign. the insurance industry is ruthless, winning at all costs, fighting back on any kind of reform. what about that high number of 22% of the people

and you mentioned a number of those. let me comment on the number of uninsured. i would agree, that's not the whole problem. however, unless we fix that problem, we're not going to be able to have a good reform in this country. the other thing is that i think the value of breaking those numbers down is that it helps us decide how to treat each segment of that population. i would also suggest that that really understates the severity of the problem, because if you ask citizens not are you without insurance now, but have you been without insurance any time in the last year, actually, 85 million will say yes to that question. so it's a significant problem. i think we do ourselves a disservice by breaking it down and deciding, based on that, that the problem went away. >> well, let's get back to this issue of cost, sir. of now, suppose the health care legislation eventually includes tort reform for malpractice. would you still support it? >> well, i assume that that's somewhat in jest. you did say if it does include. clearly, we believe that's important. that's an im

is this where people are excited about these numbers? boil that down. >> it's a great question for you. we did expect some kind of margin drop-off from the company's second quarter to this quarter and last quarter, you'll remember they recorded 37.3%. 33%, 34% is where wall street thought these numbers would go down to. 36.3%. so, in other words, apple is able to maintain hefty margins from the second quarter to the third quarter. that's a big-time surprise and three quick questions for you. how, how and how because this is raising a lot of questions on wall street as to how apple has been able to maintain this level of profitability, those margins and so far so good. conference call i hear in my ear is just beginning. >> all right. >> they're saying go to the conference call. go to the conference call so we'll get going. >> we'll check back in with you, jim. thanks so much. it is exactly what apple was expected to do. it was going guide conservatively and the stock is still higher even though we had the analyst come on saying he would e