. >> jackie piper has invited countless strangering in her closet. >> thousands of people have stopped by. >> from shoes to shirts to bags and many liking what they see and buying it off the closet shelf. now we should mention all of this is coming from a web site. posh mark. and it invites shoppers into someone's closet where they can browse and buy and sell. and i have a lot of dresses and blouses and purses. and a lot of jewelry. a lot of jewelry. >> you can check out someone's goodses, searching by designer, style or size, and you can buy it outright or you can negotiate. >> so something like a bundle of five necklaces, she offered me $40. but i offered her $45 right back. and she agreed. >> for jackie piper this all started when she was helping a friends sell clothes online. >> it was a lot of fun and she made a lot of money and we doesn't want to stop so we started selling my closet. >> once she ran out of stuff to sell, she sold wholesale and paid off. since november piper has made about nine grand. >> indiana, kansas, new york, georgia. >> she is h-shipping everything all over

. >> jackie piper has invited countless strangers into her closet. >> thousands of people have stopped by. >> those people have checked out everything from shoes to shirts to bags. we shouldmention, all of this is coming from a website. posh mark. itinvites people into someone's closet where they can buy, trade or sale. >> i have a lot of dresses and purses and a lot of jewelry you can check out someone's goods searching by designer, style or size. you can buy it out right or you can negotiate. >> somebody wants a bundle of five necklaces action she offered me $40. >> for jackie, this all started when she was helping a friend sell clothes on line. >> it was a lot of fun. >> once she ran out of stuff to sell, she started selling wholesale and it's paid off. since november, piper has made about 9 grand. >> to canada, new york. >> and she is shipping everything all over the country. she can preltty much operate her business from her phone thanks to an app. >> i think this is going to change the way people shop. imean it's on your phone. >> one of the things users love about posh mark is t

. >> jessy piper has invited countless strangers into her closet. thousands of people have at least stopped by. >> the thousands of people have checked out everything from shoes to shirts to bags and many of them like what they see and buying it off the closet shelf. now we should mention, all of this is coming from a web site. posh mark. it invites shoppers in someone's closet to browse and buy and sell. >> a lot of dresses. a lot of blouses. a lot of purses and a lot of jewelry. a lot of jewelry. >> you can check out someone's goods searching by designer, style, or size, you can buy it outright, or you can negotiate. >> something like a bundle of five necklaces. she offered me $40. but i offered her $45 right back and she agreed. >> and for jackie pipe ther started when she was helping a friend sell clothes online. and we had fun and made a lost money and started selling my closet. >> and she started selling wholesale and paid off. and since november piper has made about nine grand. >> indiana, kansas, new york, florida. >> and she is shipping eve

piper was a, an ss soldier. he was a lieutenant colonel. he was the point of the spear in the attack that began on december 16, 1944. his task was to lead an armored column through the american defenses and get to the muse river. and to help capture bridges across the muse. and then they were going to proceed on to antwerp, a huge, important belgian port. piper, who was quite sophisticated -- spoke english, spoke french, he'd had two brothers who had been kill inside the war, very intelligent, utterly ruthless -- and so so what we find with piper's column, first of all, they're finding difficulties right from the get go on december 16th. their timetable is disresulted, things are moving -- disresulted, things are moving slower than they're supposed to be moving. he comes to a village in belgium, there's an american unit traveling by truck. his forces happen to fall on this unit, they shoot up the convoy. american soldiers who survived this initial end counter are taken into a field, they're lined up and massacred. there are more than 80 of

>> guest: piper was an s s soldier, lt. point of the spirit in the attacks began on december 16th, 1944. his task was to lead an armored column through the american defenses and get to the news river and help capture bridges and then they were going to proceed on to and work, huge, important belgian port. piper who is quite sophisticated spoke english, spoke french, had two brothers who had been killed in the war, very intelligent, utterly ruthless. will we find with piper's column they are finding difficulties right from the get go on december 16th, a timetable is disruptive, things are moving slower than they are supposed to be moving. he comes near the village in belgium, and american unit travelling by truck, his forces happened to fall on this unit, they shoot up the convoy. american soldiers who survived the initial encounter are taken into a field, lined up and massacred. there are more than 80 of them shot to death. others get away. word of the massacre gets around very quickly. it begins a cycle of reprisal. there

think it's $4 million so it's tempting but it's what we've done for a lot of years we're paying the piper. our department is 3 hundred short even with the recent academy classes we're treading water with the retirements. we don't have enough traffic enforcement in the city. and we see a spike in robberies. we don't have enough officers walking beats. and i have folks tell me i can't have the officers on the beat because i don't have enough officers. we can't get the officers on board and on the streets and fighting crime we can't get. on staff fast enough. i know it's easy to a say let's delay this b that will save us money and we grab that money for other important needs. but we're going in a bad place in terms of police staffing and if we don't stay committed we're going to get in a worse place. we've seen no oakland it hurts everyone when not enough police officers are on the beat. >> okay colleagues any other questions at this time. okay. thank you >> supervisor i'm happy to give you what a class costs and their stalgd and there's savings. okay thank you chief and department staff for

courtney reagan at the piper jaffrey consumer confidence in new york, and what exactly have you sunk> reporter: yeah, you know, it's very interesting, mandy. among more traditional apparel retailers presenting here, the ceos of cheesecake factory and ruth's hospitality group are also speaking to investors, and there's a lot of interest. we all know that dining out is one of the first discretionary spending categories that gets cut when conditions get a little tough, and we've seen it in the numbers. traffic fell 3.3% over the last six years, but npd actually predicts that this restaurant traffic is going to pick up over the next decade, up over 4%, actually gaining diners out. particularly that supper diner. now npd also suggests that after time consumers start to see discounted pricing as the new normal, restaurant names that don't do this could be at an advantage, and if you couple that with an improving stock market, a better housing market and better unemployment for those at the high end, names like cheese kaik factory, ruth hospitality and del fresco's do stand to see gains. 20

if they are found to be guilty, you've got to pay the piper.at's all part of society. >> reporter: the league suspended melky cabrera last year for a similar situation. last night's game, toronto against the giants was his first time playing in sf since his suspension. he told "usa today" at the game he was unaware of this new report. he said if he were suspended again, it would be a harsh punishment because he already served his sentence, he believes. bosch is also expected to name superstar alex rodriguez who has before admitted to using performance enhancing drugs and ryan braun, national league mvp from 2011. he plays for the brewers, which is right now, as i mentioned, taking on the oakland a's at their home in milwaukee. reporting live outside o.co in oakland, bob redell, nbc bay area news. >> thank you, bob. across the bay san francisco has been scratched off the list of cities participating in this three-day walk for breast cancer awareness. it's a surprising move by the susan g. komen foundation. just spoke with a breast cancer survivo

each with a story -- ((1758 piper laurie 57.")) of love, heartache and influence. (("180009 linda ronstadt whs inside the plaza in downtown sacramento. time is 4: raising a family costs money. especially if you're living in one bay ar city. the most and least expensive cities for famili. clorox is in hot water over post depicting first- time -- as clueless. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? oh, yeah. [ male announcer ] it's practically yours. [ wife ] sorry. [ male announcer ] but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. >>> good morning. in the microclimate forecast we are in walnut creek where there is a heat advisory in effect this week. today, sunny, hot,

we have is other transit systems dramatically underinvested for decades and we are paying the piper, as vehicles breaks down, not doing midlife rehabilitation. wealthy people if they need to get around in different ways -- there's other ways to get around. if you are working class, muny maybe the only way that you have to get around and went muny fails that is an economic injustice for our city. we all need to support and make sure that we are investing in the basic muny infrastructure so that the system is working or all of us. so i will leave it at that. i look forward to the dialogue today. i was hand it back, supervisor farrell. >> supervisor farrell: thank you supervisor wiener; it is great to be here today on a beautiful morning. my name is mark ferrell, supervisor of district two, you're very lucky, you have two of the most amazing supervisors representing your district and supervisor wiener, supervisor campos. consider yourself lucky. we also have a number of great department heads; thank you all for being here. mayor lee also mentioned that we have been going around having t

a lot of these guys are paying the piper. they're focused on margins and cash flow.his is very good. so the minors, not necessarily the metal. and 12 to 18 months, you're going to have a major squeeze in physical supply of gold. this is something you watch, you don't necessarily price it in tomorrow, but part of the backdrop that means the worst is over for these guys. >> shouldn't we be worried about credit rating downgrades for gold minors as they are factoring in too rosy a forecast for the forecast of gold? >> for some, and probably the junior minors, but that again takes some of the supply. i get tim's point. but for me -- >> that's not going to be an issue for a couple years now. the market dust forecast a little sooner. the way i play it is gdx. i get to play best of both worlds here. i would rather buy apple because i'm already low on gdx. can i play it that way? >> no. >> wait -- >> this doesn't make sense. >> right now, apple is so consensusly out of favor, they still dominate so much, you got to figure this thing is going to bounce back. >> technical basis

you annot keep on, if you will, pouring more and more money as a nation and not having to pay the piper at some point. bonds are going to cotinue to be key. prices will go up. you know, it's kind of disconcerting when you see te people who have stopped making a lot of money, even though you have lots of people, 7.5% of people that are unemployed. when you consider e other peopleho have dropped t of work force. the stimulus and the monetary policy these are tough imes. neil: so when you say that this will not end well. what do you mea? >> well, you cannot keep on borrowing more than you taken forever. you cannot keep on printing money and keeping interest rates near zero for ever. at some int that has to reverse. the people that were loing us the money say that i am a little ncerned about the risk and they want higher interest rates. as they start going up will mean that they will see a lot of money ing pay people around the world. right w we have spent aut $250 billion a year on interest. as intest rates reurn to a normal level, that numr will go to $750 billion a year. that is more tha

. >> the piece i'm doing is a reperformance of a really famous work by adrian piper called funk lessonich she did a lecture and dance lesson to a group of people. p it talks about raising culture,c music and art but in this really nice forum. we're doing the updating it 30 able with my dj. hiphop. we'll have a party.have >> can we see it work? >> yeah, sure. >> here you go. this is holly and alive and able. one of the 75 performance artists at super nova. >> so the basic two step. this is what you do. step to the side, touch your tows, step to the side touch your toes. people bounce up and do they do a hopping. we are not trying to look like that. we're trying to look cool. step and dip. step and dip. >> dipping the booty. >> dipping the booty. >> we're doing that, and getting into shaking. >> there she goes. >> now she's going with it. >> saving that saturday night. come to the big bang party at super nova.ova. >> i was nervous about that. i wanted to make sure it was family friendly.mi i might be more nervous about ao the next one. reich yale is performing -- rachel is performing "bu

piper, upside in the stock, shares up more than 53% year to date.anges if you have a good ma stress. life changes if you have good food to eat, take a look at the grain contracts right now. the weather's warming up, and the forecast right now are predicting a strong planting season for the farmers out there meaning at least jeff flock is on the case he's at thece wh rd reaionto tht, jeff? >> can you hear the reaction? can you hear that, cheryl? cheryl: no. >> me either, it's quiet. oil, though, we had a tip off from the report yesterday, so the contract didn't do much. it's up about 50 crepts or so. supplies down, traded up a quarter today, but, you know, a quarter personality, i should say, but that's not much either. it was trading higher earlier in the session. gold flat, up a quarter percent as well, no action on the fed or anything else. back to the grains. that's all that had any kind of movement at all today. that's the grain room in the distance. quiet in there. if you look, though, at the front month of corn, up today a little bit, and the

david piper live in bangkok, thank you.: well, back here at home we're awaiting a congressional hearing later today on the irs, the first of several on tap this week. my next guest says of all the scandals brewing for the white house, the irs matters most to this administration and to the american people. "wall street journal" executive editor jerry seib also attended an off-the-record meeting with attorney general eric holder who is under fire for the seizure of phone and e-mail records from reporters from several media outlets. a controversy that even the executive editor for "the new york times" says has impacted their news gathering ability right now. listen to this exchange on one of the sunday shows. >> the reporters who work for the times in washington have told me that many of their sources are petrified to even return calls. >> that was my next question. you are already -- >> it has a real, practical effect that is important. jenna: jerry joins us now, executive editor for "the wall street journal" down in d.c. jer

david piper streaming live out of bangkok. what caused this fire, david?reporter: hi, bill, yes. we do understand that an investigation has now been launched into the fire. terrible scenes there at that poultry plant northeast of beijing, about 500 miles northeast. eyewitnesses say they heard two explosions before the fire and other people who survived the blaze said that the fire might have broken out in a locker room. also, some these survivors, the tales they're telling having to crawl over bodies to get out of this blaze and there is this investigation we'll be looking at perhaps lax safety standards at the plant. also on micro blogging sites, many chinese are really complaining about this issue, the danger of people working in these factories. we do understand that there is concerns because there is lax safety standards at many other plants across the country. we have had these kind of disasters before in china. back to you, bill. bill: explain why the death toll at this point plant was so high? >> reporter: well the major issue that seems to becoming

can't just keep pouring more and more money, and not having to pay the piper at some point.t the markets like what is going on because it says bonds will be cheap. money will flow into the stack mark so prices go up. but it's kind of disconcerting when you see the people who have stocks making a lot of money even though you have lots of people -- well, 7-1/2% of the people in the country who are unemployed, and you consider the other people who dropped out of the work force you have a lot of people hurting in this country. this is different from what the president advertised when he took office. and we are about double where the president said we would be right now with unemployment. so these are tough times but people who have stocks that like to see interest rates near zero, they're making a lot of money. >> neil: when you say this won't end well, what do you mean? >> you can't keep on borrowing more than you take in forever you. can't keep on printing money and keeping interest rates near zero forever. at some point that has to reverse, and at some point people who are lo

we got a huge reaction, but the winning caption goes to tracy piper who wrote "yeah, that's right, iid of the cat. do as i say or the same will happen to you." little stink eye. >> that's adorable. >> we'll show you another caption one at the end you can submit. our first photo is fro roxie denning in bristol, virginia. lunch and dinner, mixers and wine. sounds like the fourth hour at the "today" show. >> what's wrong with that? >> liquid diet? it works for everyone. >> that one i don't get. >> nance gary charlotte, north carolina submitted this photo. beer, wine, and liquor. taxes done here. hey. >> you know what? you'll make mistakes, but you won't care. >> we should all drink. next up a photo from alex rudell from boynton beach, florida. "if anyone would like a copy of this document, please ask tom in the office." >> what document? >> exactly. that document. we'll take two. finally, from darcy from liberty lake, washington, submitted this photo. "curta "curta "curta "curta "curtailturtle council." >> that's the name of the -- >> they've got feelings too. we think it's a last name,

into this country essentially because there will never be a point where the border will be certified piperztec safe as republicans want to be because there are so many republicans who don't want these people coming into the country. i think it sets up an impossible barrier to entry for immigrants. >> why would it be impossible? you appoint an objective commission of people who aren't in politics, who are experts on this and say, you tell us if we have 90% interdiction or not. >> people on that board who have the same views as senator jeff sessions? there's nothing you can do to get him to agree these people should ever come into the country. >> sessions is not the one who will decide on whether the trigger has been met. you appoint outside people as you do. you know the guys who count the votes at the academy award will do it. >> i don't want a country that doesn't have a fence around it. i'm serious. i don't think we're -- >> real quickly, because we have to move on. >> i think the repu was put on this earth to save us from huge pieces of comprehensive legislation like this that i think a

this is the pied piper of the s&p. particularly on the day when the fed had the meeting and this was going down, the s&p was kind of staying the same and then it followed it. well, i mean, the interest rates were going up. the s&p was doing nothing. and then when the s&p saw the interest rates go up after a little bit, this thing, boom. this tells you first that's why we'll follow it. now, do you think i'm being too binary? there's an interesting question. no. i'm just old. i've got a memory for previous periods of interest rate volatility. i used to trade bonds for a living and then the interest rate competition for bonds. i cared more about the bonds than stocks. the bond market was much bigger -- is much bigger than the stock market. if rates were going higher i went net short, i had more money bet against stocks than against them. if rates were going lower i'd try to get more long than short. i let the bonds determine how much i was doing. i figured that the bond market was going to be right and the stocks would be

i've talked to lieutenant piper in intel. and we're not going to make that move.ou're not going to be able to house with him. we're not going to keep jumping every time you want something done or threaten us. >> i haven't asked for anything. i've been up there 21 days and haven't asked for anything like that. >> i've received 12 kites from you to move with graham. >> not 12. >> lieutenant higden has received five letters from you. requesting about inmate graham. >> that's an exaggeration. >> i kept them all. >> there's no way there was 12. i sent you more like two or three. >> irregardless. basically, you've been trying to dictate everything since i've been here -- >> ma'am, i'm not trying to. you've got to remember i've never been to seg here, okay? i'm coming off eight years of antidepressants. i've received further bad news from the outside world. it's always something. so it's like it's been just a little tough for me. it's not something i'm used to doing here. >> you're not unique. this is basically said and done. >> this is not something i'm used to doing he

so concerned about a slowdown in consumer spend, i'm going to pay extremely close attention to the piper jaffray conference that's a consumer conference. we're going to hear the likes of michael kors. good numbers. stock didn't to that much. urban outfitters. reported good numbers, but the stock didn't do that much. gap record a good number, and the stock didn't go up. these are all doing well. on the other hand, we're also going to hear from vera bradley, which reported terrible numbers. maybe we can find out the real story from these conference presentations. here's also something to keep an eye on that we normally don't care about. the federal budget deficit. i will expect a blow-out number. the blow-out has to do with earnings. this is a number that's going to show less spending and much more being taken in in taxes. that in itself could cause interest rates to go lower, and stocks to go higher because of the relationship between bonds and stocks. where stocks go down as yields go higher and vice versa. thursday began initial jobless claims. i often found that the weekly jobless numb

let's bring in piper jaffrey, welcome in our own jon fortt and herb greenberg back with us as well.e a lot of great calls over the years, especially on apple. 6755 is a world away from $400 a share. do you bring your price target down, or how does it get to 650? >> it's all about products. hard to see and imagine that right now just because there's still another september quarter ahead of this where we won't see much of an impact into the products but to answer your question it all comes down to new products. starts in earnest in q4 and rolls through 2014. if they come out with new products, feel great about the price target, if they disappoint us, i'm in trouble. >> new products like what? >> the obvious one is this cheaper phone. we've talked a lot about it. 340% of the total dollars spent on smartphones are phones below $400 which apple doesn't participate in that market and we have a high conviction that there's a 90% chance that we see the phone and price point by the end of the year and 201 we see the tv and possibility watch so i think big picture, prettilet jim on the produc

the last thing is the consumer conference out of piper jafry.say about back to school and whether the warm weather is making a difference in sales right now. >> plenty to keep us busy tomorrow and again the stakes are going to be high. gentlemen, thanks for your time. >> before we go a quick recap. it was another down day, volatile day when all was said and done done 126 appointments, the first time this year that the dow had three executive down days in 2013. that was the real headline for this day. that does it for closing bell. thank you for joining us. >> thank you for having me. >> see you tomorrow on squawk on the street. >> fast money begins right now. >> live from the nasdaq market in new york city, i'm melissa lee. the market took another leg down today as investors worry about rising rates and the volatility in japan. tonight we are focusing on the hot stocks traders love to trade. let's get straight to our top trades of the day here. we kick it off with tess la finishing in the green today. they may be the hotte

i'm courtney reagan at the piper jaffrey 33rd annual consumer can have fence.light of the day so far, definitely the presentation from gap ceo glen murphy telling the crowd that he's going to roll out in 40 stores in chicago and san francisco a new reserve it now program. consumers can go online for gap or banana republic for certain locations, reserve the item and go in store. this is a key advantage over amazon because fit is important, and studies show that if you return an item to the store, you will on average spend a third more than the item that you return. i spoke to murphy afterwards and asked him exactly what the retailer's plans were for intermix. that's the high-end brand that gap bought in december of 2012. and murphy said that going from value to luxury has become very common, and we are -- very common. we have a big mix in our portfolio. we are going to, quote, turn charge online for intermix. well, gap shares are under a little bit of pressure. for 2013 gap shares are up 30% compared to the broad s&p retail index which is up 20%. sue, back to yo

they are the inquisitors, they don't have to have the piper trailer don't want to. media? the american people. stuart: thanks very much. the medical devicemaker cyber i cyberonics, tell me about the stock. >> is based in houston, texas and they are a medical devicemaker. stock is doing well, they have quarterly earnings that beat the street and one of the reasons is that had an epilepsy product on the rise and that helps their numbers for the quarter. you see the stock up 6% today and over the last 52 weeks up 26%. stuart: thanks very much. apple losing a pant case to samsung, and no to recalling two million cars even though the fed ask them to recall them. the president wants to overhaul regulations. i you telling me the connection between all of that? charles: chrysler by the way, dole's out by the american public and for some reason given to fiat's because of their expertise and the international trade commission that hammer's apple with these sanctions. we have two international companies, an italian company, chrysler, the itc pension, we don't care about your p

> we don't want to overemphasize these because when apple first won, apple didn't go up a lot, but piper jaffray tried to put up 1% revenues. >> apple is snake bit. he didn't stay in the 440s. >> the developer's conference is the tenth, next monday and they did put out a line. they said a whole new world is coming and a lot of the apple watchers are trying. what could that possibly con node? is it about maps and is it a new version of the os? >> simba, wasn't that a whole new world? >> it was jasmine and aladdin. and we'll talk about what apple has up its sleeve on monday. >> i hope we're not wearing short sleeves when it starts. look, the stock, come on. where's the omg product? i mean -- let me tell you something, if they unveil a car that runs on water, you know what i'll say? it runs on water. it's nothing. i have 40 million cars on order. >> water's too expensive. >> come on, we're running out of water. i want my apple to run on fiji water. that's how hopeless it is. >> we'll have it with shuttle now and it will cost $200 to go to the moon. how can they charge 200 for that trip? >>

. >> piper. >> 80% chance of new maps and update to siri. 80% chance of iradio and ad supported musicsigned ioo and, which is of course as you mentioned before the mobile operating system for iphones and ipads. does any of that excite you? >> they are all important. i do love the stock long term. these are the blocking and tackling must-haves that apple needs to incorporate. i don't think they're going to excite the investor community. i think the other big risk is there are rumors they'll come out with a cheaper iphone next month and they've announced a trade-in program for old iphones as well. i think investors might get spooked when the product comes out, margins are going to take another hit. i think they'll work in the long term but i'd like to see us get past that point once the product is announced and it's working to get into the stock more. >> i'm sorry. i don't understand. after so -- after so many big losses, why given the comment tri that you've given us are you sitting in apple stock? >> i think the basic idea that the other guest mentioned off the top, there's so much pe

they said he was like a pied piper, the children would all follow him, they just loved him.e the bonding started. >> after a year on the island, muhammad takes his children and lee malvo back to the states in search of a job. their first stop is florida, where malvo's mother is living. >> when he came here, the bonding was cemented. so lee didn't want to go back to his mother. muhammad was resistant to the mother taking control of lee, but she was determined that she was going to be having her son. and so muhammad was forced to return to washington with his three children, leaving lee in florida. >> over the next several months, muhammad attempts to build a new life for his children in washington state. >> muhammad at that point had enrolled his children in school and was living at this homeless shelter. but he aroused the suspicion of the police, because in applying for government aid and getting his children in school, a very smart police officer put it together that, wow, this sounds like the man who took his children, kidnapped them a couple years ago and disappeared. an

as we approach the 25th anniversary of the piper alpha disaster, will the prime minister join with me in recognizing the challenges we face in concerned to bring oil and gas ashore from the north sea, the skills and dedication of those who do it and the paramount importance of safety in ensuring that we don't continue to exploit this very? >> i joined honorable friend in praising the north sea oil and gas industry. it is a real jewel in the crown of the united kingdom economy. i think what's encouraging is that this year we're seeing a growth and production as a number of new fields and projects come on stream buddies right to say that at all times, safety and secure the are absolutely paramount. >> order. points of order. the honorable gentleman is pretty expensive member of the house. point of order comes after statements. >> we believe the british house of commons now as they move onto other legislative business. you have been watching prime minister's question time aired live wednesdays at 7 a.m. eastern while parliament is in session. you can see this weeks question time in sunda

louis film festival and we had a lady in particular came to myself and our director, alan piper, andrstand this issue. i now -- my sister is a lesbian but i never understood this whole gay marriage thing, why you need it. i understand now. that one person, to me, made it all worth it. i think the more the film is visible, the more people can see two people who love each other. i think that visibility can help to change attitudes and, you know, people who are sitting on the fence on this issue can make a decision now, can say, well, i don't know but now that i've seen this, i can fall to one side or the other. >> steven, the big pride parade happening in new york city tomorrow. you guys are both going to be there. hanging out with the governor? >> that's right. we were asked yesterday if we could like to mark with the contingency with the governor. i was at work running up and down screaming, oh, my god, yes, oh, my god, we're there, oh, my god, yes, oh, my god, we're there. >> how is it going to be different this year, the parade itself? how do you think they will be different this y

scott is piper competitive. he's a great but he's now sitting on the porch and some of that depends on how you define competition. you need to look long term. there's lots of different aspects to competition in this area. there are some that get down in the weeds about technically almost mechanically, contractually how things work out their so they are huge competitors, they are not afraid of competition and believe every single day has led to a lot of innovation, tons of investment. one of the success stories in the last 25 years. >> there is nothing i've disagreed with and i would maybe go one step further. that is the competitive environment in this industry. the u.s. mobile industry is as intense as anywhere in the world it is it technological, is it pricing, and in those dynamics it is in the most competitive in the world where you can go in between the zero to $200. i don't know anywhere else in the world you can do that. the mobile voice minutes of use, the average in europe is almost a 200 usage a month.

. >> we had a downgrade from piper. >> okay. >> that was weak pc demand. really? that's a shock!rosoft, everything with the guts inside a pc they've all been strong and microsoft i want to talk about the value act in a moment, but david, this group has been since the market's peak, the best single group and it's been impervious to downgrades. >> all right. so they say the honeymoon unlike it will last until year end. >> honeymoon. to the moon, alice, is the way i look at intel. i would not short that stock. >> we're going come back to microsoft in a minute and let's get to mary thompson. she's at the shareholder meeting for walmart and wmt announcing a buyback, mary. bring us up-to-date on what we're hearing. >> david, a new stock buyback program, $15 billion affected yesterday june 6th and essentially replacing, and completed a previous stock buyback program also worth $15 billion that it started off in june 2011 so walmart making the announcement during the annual meeting when they were touting the very strong performance noting that it was the only one of the dow 30 to grow sa

as we approach the 25th anniversary of the piper alpha disaster, will the prime minister join with me in recognizing the challenges we face in concerned to bring oil and gas ashore from the north sea, the skills and dedication of those who do it and the paramount importance of safety in ensuring that we don't continue to exploit this very? >> i joined honorable friend in praising the north sea oil and gas industry. it is a real jewel in the crown of the united kingdom economy. i think what's encouraging is that this year we're seeing a growth and production as a number of new fields and projects come on stream buddies right to say that at >> you have been watching prime minister's questions from the british house of commons. question time airs live every wednesday at 7 a.m. eastern when the house of commons is in session and again on sunday nights at 9 p.m. eastern and pacific. watch any time at www.c- span.org, where you can find video of hast prime minister's questions and other public affairs programs. on monday, british foreign secretary william hague told members in the house of

simon, yesterday -- >> i was going to say i feel like the pied piper.hey're really cute. mount kisco visiting from westchester county. he has a future on wall street, that one. see that head nod. people are talking about greece again. i haven't heard that in months. >> we've got a real big problem with greece with a nationwide strike and a big warning -- >> the european markets are closing now. >> let's kick off with the bank of canada. talk all you like about japan, bank of canada has released a report in which it says the most important risk to financial stability continues to stem from the eurozone. the argument they're making is there's been so little structural progress in europe at the moment that it is delaying the recovery and therefore the political will to act will be potentially undermined with massive consequences for north america. let's come back to that in a moment when we talk about greece. we bounced on a seven-week low. 80% of the 600 stocks are still in negative territory. even as you look at that map there. a lot of the financials ar

you can't keep doing this without paying the piper.ope it happens slowly. >> isn't that day of reckoning less painful if the economy grows? >> absolutely. >> and if we manage to ratchet up growth to a reasonable level. >> right. >> it doesn't hurt as much when you do the inevitable delerchling. >> hope to have your cake and eat it too. >> that's part of the great debate. you talk about how you grow the economy, and the fact is, at least from my world view, my political world view, we've been growing the economy the wrong ways. we've been focusing on government programs. we've been focusing on government spending. again, this goes back -- i wrote a book in 2004, attacking george w. bush, saying two wars, two tax cuts, medicare part "d" -- all of this money we're pumping into the system plus cheap money, that is trickle down economics big government style. i think we're going about this the wrong way. i don't think washington -- i've got to follow up with what steve said. i just don't think washington is responding to that. >> steve, you

>> piper says it is going to bottom soon. >> and pimbridge. >> this is horrendous. >> conocophillips d. >> doesn't matter, the oil is going higher. look at that, the market is ignoring the downgrade. >> and linkedin. >> pacific crest is saying time to buy. it is working, and scarcity value of the product. >> and greenberg? >> well, they do stuff with herbalife, and i defer when he does anything. >> in other words? >> they say they like the bush. i refer to herb with the superior ones, except for maybe the man i'm looking at. >> and what about tonight on "mad"? >> well, ever since air gas tried to buy, it has not come in. we have the old ceo coming on and this group airgas, and apd is a big industrial sensitive group, and they have been on fire and we want to know how. >> and so thank god they did say no. >> it is amazing they said no. david, i have never seen it happen. >> i followed that thing to the point where the viewers were ready -- >> well, they were wrong. he used the nancy reagan defense and made you far more money on the predicts. i'm proud of him, and philadelphia's own. >