neil: ge and ge capital. >> i own ge, that is one, and if ge does this and a publicly traded company,initely buy it. >> absolutely. neil: i do not like you guys agreeing so much. in the meantime, i want to close on another phenomenon in august and twand to both of your points earlier the run-up in oil, and the fear factor in oil. i guess it goes to this notion what if oil ports are shut down, the suez canal, what if iraq shows production, that is a real kind of compounding fear and may have been one of the reasons he was saying we cld see $150 threat in crude oil. our oil would likely follow suit in that kind of a perfect storm. what do you think? >> that is pretty on the mark. i see gas prices at $4 not really coming back. e other way, if there is no crisis, the economy is chugging back. ou know i like the cha, it is going to $4 per gallon. neil: i guess it goes back to the length of the potential battle for, whatever you want to call it. if there are members in this region that's just say we sympathize with what is going on in syria and we will hit the west where it hurts, then what

the unit at ge that issues store credit cards for 55 million americans. this is a business story you have right there in your ownocket this morning. ges consumer finance loaned $2 billion. an ipo could come as early as next year. >>> if you think the next iphone will boost apple stocks, have you been buying apple because you are bullish on the iphone? apple is expected to announce it at a september 10th event. it may initially boost the stock but short lived. apple stock has been lower a month after the new iphone was released. >> interesting. >> an analyst says there's a lot of hoopla but then it dies down. it's a thing in wall street. you buy it up. when it happens, take the profit. >> the changes are incremental at this point. >> i'm anxious to see if there's the fingerprint technology. >>> another big story, you heard of the fast food strike. a legislation that would force retailers, big box stores occupying more than 75,000 square feet or parent companies have to pay $12.50 an hour. the current rate in d.c. is $8.25. 60 cities striking to boost their hourly pay to $15. i think you are at the beginning of th

warriors who reached out the the survivors of the boston marathon example of the their own recovery and with a stand with ge -- we you. i think of all of the inspiring ounded warriors that michelle and i have met, their resilience, their resolve, their determination to push through and to carry on. fighting spirit of our wounded warriors. is the spirit of the a.v. dedicated. not just to your own recovery, but to taking care of each other. every day, you worked to ensure that america is fulfilling its to our men and women who have served. that's your mission. it's my t you to know, mission too. i believe this work is more important than ever. ecause this time of war that we've been in is coming to an end. nearly 12 years, every since on that clear d september morning, our nation has been at war. in afghanistan is now america's longest war. our troopssame time, fought courageously in iraq for nine long years. today are proud veterans of if wars in afghanistan and iraq. now we've marked another milestone in afghanistan. past june, afghan forces have taken the lead for entire across their country. nstead of lea

and ges what, we are thrilled that our own chris cuomo snagged the big interview. we'll do a sitdown with president obama for an in-depth interview to discuss exactly this, higher education. he'll also discuss national security and international affairs with what's going on in syria right now. that's going to be critical. you can watch this one-on-one interview. the discussion is tomorrow morning on our brand-new "new day," morning program begins 6:00 a.m. eastern time. encourage you to watch. so the man who's admitted to shooting and killing a lot of these colleagues in ft. hood, texas, is acting as his own lawyer in his murder trial. exactly what kind of closing argument would a man like this give in defense of himself? or do you suspect he has no interest in defending himself at all? that's next. i'm a careful investor. when you do what i do, you think about risk. i don't like the ups and downs of the market, but i can't just sit on my cash. i want to be prepared for the long haul. ishares minimum volatility etfs. investments designed for a smoother ride. find o

owned sales event through september 3rd. otherworldly things. but there are some things i've never seen before. this ge engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ . >>> today, north carolina senator kay hagan asked the justice department to review her new law she wrote. she said "i am deeply concerned that the law will restrict disabled and minority and low income students and their right to vote." the justice department says it will already challenge the new voter id law and says they will consider taking action in north carolina, as well. up next, we'll show you karl rove trying to talk sense to the tea party and failing. i've been taking a multivitamin for years. centrum silver. both of us actually. our pharmacist recommended it. and that makes me feel pretty good about it. and then i heard about a study looking at multivitamins and the long term health benefits. and what do you know? they used centrum silver in the study. ma

you talk about this with ge when a company buys something and uses its own stock,.4 s shares, what peoplesh than your own stock. if it was going to go up in value i would rather give way cash which gets eaten away by inflation rather than giving the stock unless they don't have cash and the seller refused to take cash instead of taking your business. >> also they had a shelf offering, talk about a lot of pollution, two quarters in a row. the average selling price of these modules has been going down for a while but the rate of that going down has slowed dramatically. maybe it hit the bottom. this is not a good report for them but they have some good project in the pipeline. this is always been an extraordinarily volatile stock to the point that i will be featured on my trading service a la started playing in 2007, played three times, made money twice, and played four times, broke even, made money twice, plaited three times and twice this year for money. is one of those stocks so it is down 12%. it is scary. i am on the record. if a wasn't for subsidies, and am not sure these can be public

. >> i had a lot of discussion about, for ge, they have their own reasons to do that they try to unwindart of what jack welch put in place. but others say it would park the end of sort of this three decade long consumer boom and what does that portend for the consumers in this country down the road? >> i see it a little more through the ge prism. although the idea that ge no longer qualifies as a long-term growth business that probably does speak to that issue. >> ge used to get a higher multiple back in the boon because of ge financial which was contributing the le ing thi share profit of the company. >> consumers were acting different back then if you recall. >> back then, ge was a aaa credit and could borrow cheaply and made it work, the math. >> it's a discussion of whether they find a buyer or spin it off. finding buyers though has been a challenge for ge on a number of units. >> by the way, if it does an ipo, keep an eye on the index. corporate spinoffs have been a bright spot in this market and so has the etf. we'll try to get a chart up. >> ge has been hanging in there. >> might

owned sales event through september 3rd. otherworldly things. but there are some things i've never seen before. this ge second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ ♪ now you can give yourself a kick in the rear! v8 v-fusion plus energy. natural energy from green tea plus fruits and veggies. need a little kick? ooh! could've had a v8. in the juice aisle. >>> we read about it as a foreign threat today, we don't read very much about communism as a threat to our internal security any more. what is your view on the seriousness of the common situation here at home? >> i think it's the most critical problem we have to face up to on internal security. the communist party of the united states is an arm of the international conspiracy against freedom and against god. >> a conspiracy against god. you know who hated the march on washington in august 1963? the fbi. j. edgar hoover head of the fbi for decades at that point, j. edgar hoover in many ways hated the civil rights movement, an

owned sales event through september 3rd. otherworldly things. but there are some things i've never seen before. this ge,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ >>> we have breaking show business news tonight. comedy central has just rewritten the future of "the daily show." they have renewed "the daily show" for another 30 years. now, they haven't made a public announcement of that, but everyone in show business knows what comedy central exe

owned sales event through september 3rd. otherworldly things. but there are some things i've never seen before. this ge engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ >>> this wednesday is the 50th anniversary of the march on washington and congressman john lewis a key member of that march 50 years ago is marking the milestone with a new milestone at his own. he's at the top of the best-seller list with a graphic novel, "the march-book 1" is now number one on the "washington post" non-fiction list. the trilogy tells the georgia democrat's story of the civil rights movement. and book 2 and 3 will be released in 2013 and 2015. support for the civil rights act is coming from an unlikely place. what you wear to bed is your business. so, if you're sleeping in your contact lenses, ask about the air optix® contacts so breathable they're approved for up to 30 nights of continuous wear. serious eye problems may occur. ask your doctor and vis

own electricity, we're using a lot less imported fossil fuels, and north dakota has an employment rate of 20%. we're eating a lot more of what we grow, energy comes increasingly from here. and walmart and ge talking about how walmart was buying more light bulbs and ge is making them at home. at the margins, some of those jobs are starting to come back. but yes, if we made a conscious effort to consume more american stuff, obviously we would put more people to work. >> thank you both. have a great weekend. >>> as far as making college more affordable, president obama wants the students to get a better return on their college investment. we want to take a closer look at why costs are climbing and whether this president's plan can stop that relentless rise. and didn't know where to start. a contractor before at angie's list, you'll find reviews on everything from home repair to healthcare written by people just like you. no company can pay to be on angie's list, so you can trust what you're reading. angie's list is like having thousands of close neighbors, where i can go ask for personal recommendations. that's the idea. before you have any work done, check angie's list. find out why more th

own handwriting about how his thinking changed. that is coming up. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] getware connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> today, north carolina senator kay hagan asked the justice department to review her new law she wrote. she said "i am deeply concerned that the law will restrict disabled and minority and low income students and their right to vote." the justice department says it will already challenge the new voter id law and says they will consider taking action in north carolina, as well. up next, we'll show you karl rove trying to talk sense to the tea party and failing. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think yo

own distribution an content. >> meantime, both stocks hit new highs yesterday. this gee can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ suddenly, faraway places don't seem so...far away. a quarter million tweeters musicare tweeting.eamed. and 900 million dollars are changing hands online. that's why the internet needs a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this ...is going to be big. it's time to build a better enterprise. together. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimit

. >> i have a bank that is, like, owned by a swiss bank, but it makes me feel like i have a swiss bank account. but all the way back to ge's purchase of remember long ago, we can trace it all the way -- you said you would say it twice but you only said it once. >> $100 billion. >> you only said it once. >> i need to feel my pulse. >> we need to talk about that. like these two, they both waited because they thought -- didn't verizon thought it could get cheaper. >> but now the taper. this is one of those transactions that has frankly in terms of the timing has less to do with the -- with the economy in some ways or the business than it has to do with ben bernanke. >> i want to hear that. >> interest rates are going up. time is running out. >> what is the cheapest they have could have gotten it four that they thought at the time was too expensive? like 50, right? they don't want to do 50 because it was too much. and now -- >> now 100. >> amazing. come over here. >> i'm coming over. >> who are we most like, rhone and martin, smothers brothers. you don't see the two-man teams anymore really. they always -- it always has got to

own. so we hear so much about how the copter parents today. really, the most important thing parents can do is ge give the students ready for the parents not to be there. this is as simple as okay, how do you do laundry if you're a college? it's really much more to the point of, well, how are you going to get yourself up each day and go to class and do what's required of you? how are you going to bounce a social life with academic life? a friend of mine says, those are life skills and those of the country thinks that parents with autistic kids ready for. >> we've been talking with american university professor jon gould about how to succeed in college while really trying. professor gould, thanks for being on booktv. >> my pleasure, thanks. >> tonight, booktv in primetime features in depth with amy goodman, host and executive producer of the international independent news program democracy now!. c.r. three our discussion with her starting at 8 p.m. eastern here on c-span2. >> michele wie served as chancellor of the washington, d.c. school system from 2007-2010. next, she talks about her career and