of the recently published report mine is really judge concluded that israel is not in fact talking point how it's being territories has engendered the why. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom hartman welcome to the big picture. welcome to capital account i'm lauren lyster and i want to get straight to our show today because as stocks fall volatility spikes perceived safe haven yields here record lows and criminal libel or charges may be imminent things seem a little crazy as headlines even tout global economy in worse shape since two thousand and nine it just so happens lucky for us a group of investors are getting together in vancouver to figure out how to navigate this terrain right now for what we're calling a sort of anti davos it's a gore of financials conference a lot of our guests are there and its theme is innovate or die empire at a turning point so we want to check in right a

they call that the god point, because there's a god point in procreation. when sperm meets egg, something magic happens god. so did we invent god? tavis: okay. [laughter] we're going to stop right there, one, because my time is up, and two, you should just check out the series. >> it's a lot of fun. tavis: yeah, i can imagine, i can imagine. it's a lot of fun talking to you whenever you come on this program. >> it's always fun talking to you, tavis. tavis: i'm always delighted to have you. >> you're a conversationalist. there's maybe three people i know who do this well. tavis: well, i just love getting inside that brain of yours, so thank you for letting me do it one more time. >> thank you for having me. tavis: two projects "the magic of belle isle," with rob reiner behind that project. it stars morgan freeman and virginia madsen, a wonderful cast. then of course this summer, the blockbuster that's not a very bold prediction. "the dark knight rises," the next in the "batman" installment. morgan freeman, good to have you here, as always. >> thank you, tavi

i want to point out something my friend, tommie from stock diagnosi do nost sticks pointed out, revenuereas increased a million dollar a year ago. no, it didn't. they do this big rounding of numbers every single quarter. it's a small item, maybe, but something i certainly do not like because it gives optics to thing being better than they generally are. >> isn't there always going to be a perceived premium of under armour being bought out by a competitor? >> at what price? >> the market in this billions, nike the obvious one that can afford a company like this. >> i look at this, jim cramer looks at this, technology, a very good point. you look at numbers, you see a company running faster to sort of keep up and stay in place. you have to keep playing attention to this, look at the balance sheet. don't let it out of your sights. not saying it's a bad company. look at the numbers and trends. >> literally look under the arms of it. >> from under arms to under radar. we're trying to find your under radar in street sign. a company used to transfer and store data at high speeds, mellanox, hit

my point of view before opening it up is again, to, miss tidwell's last point about the public comment, they will be a part of the archive record. we did not post them as potential drafts. there was our initial request to the consultants so we could appreciate the implications of several different options, which why we had 11 to begin with. my point of view would they not be included but be part of the archive that gets reference and people can visit them if they would like to. >> ok. then just a couple of other thoughts about things that aren't addressed specifically in the language of the report, but one is the final map itself. how should we incorporate that? should that just sort of be the first item or should it be referred to as an appendix or what have you? along the similar line, district descriptions, meets and bounds. again, we didn't make a specific reference in the report. i guess we just sort of thought they would obviously be necessary components of our time work product but there is not a specific reference in the report should those documents. >> as point of information

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that's the point. >> that's right. >> that's the point. >> here is the federal court opinion. want to read it? if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious s

point tomorrow at the r. and c. to see a couple you can ask them i'm going to ask them just for you to come on this program and tell me absolutely will i will headline it i would love you we actually will if you if you get a genuine answer i will i will put you on the air that ok move over mitt there's another guy trying to steal some of the spotlight in november is joe trippi writes in the fox news dot com piece gary johnson libertarian party candidate for president could have a big impact on the outcome in november johnson could end up being in the presidential debates if he's in the presidential debates he's going to be taken on romney from the right from wrong he's right arguably and then it could have a similar effect to ross perot in the ninety two election which i mean there's still a debate there are people who say ross perot threw it to clinton there's others who say ross perot you know would have you know clinton would have won bigger had ross perot not been there or whatever you know that if he helped cli

any points, point of view where the final map goes? there was one proposal from mr. pilpel to put it in the first item in the appendixes along with the descriptions of each district, along with individual district maps. >> exhibit a, exhibit b. >> yes. any objection to that? >> yes. >> ok. >> one point of clarification. i would recommend that the findings regarding the population deviation be included in the report itself rather than in the abend i said. >> very good. ok. so we'll have district one -- i'm sorry, the findings and deviations as they are listed here. member tidwell is adding her two sections, one and four. presuming there are no changes or edits to the others. maybe not. mr. schreiber? >> just under district two. including d.-1 is one of the options to be consistent with the discussion on d-5. >> ok, member advertise well, sorry to disrupt your insertion but can you jump down to district two for a moment and the vista and whether to include and the vista in d-1 so d 2 and d 5. thank you. mr. pill pell? >> -- pilpel? >> i'm not sure wife we have reasons

what's the point? we need to overhaul tax policy to get the benefits we have all associated with lower taxes. >> do we immediate to doing? in the meantime to alleviate the effects of the fiscal cliff before they get to what -- i mean, everybody is talking about comprehensive tax reform for next year sometime, of course. in the meantime, what do they need to do? >> i don't really see the fiscal cliff the way everybody else does. i think this election will decide the answer to your question. and i think the markets are unsure. capitalism committed. i think everybody is on the same page. >> talk a lot more about tax reform in just a second. in the meantime, thank you to all of you. thank you very much. there are about 50 minutes to go before the closing bell. we are still sitting in the red. nasdaq down by ten points. >> we got earnings season. the fiscal cliff fight. we have a lot more for you on this very busy edition of "closing bell." >> $14 billion in unemployment benefits overpaid by the government

gain of almost 20 points right now. so stocks are higher with the financials leading the way. it seems for awhile now it's been the trend that where the banks go so go the markets. >> jpmorgan disclosing the side and the scope. it's been a dark cloud and it has been lifted from the sector today. will it mean more rallies ahead for the banks? we have our panel with us. gary, let me kick it off with you, gary webbush. for putting money to work, do you want to sell or put money to work here? >> i want to put money to work here. i think the markets are at an extremely adraktive level. they're flush with cash, balance sheets are excellent. financing at very cheap rates, and the s&p is trading at a 15% to 20% discount. >> a good rally today david faber. i know all of the pages were sitting up stairs here at the exchange as you were going through them. what did you learn, is it behind them sm. >> for the most part it seems to be behind them, that being the massive losses that jpmorgan took very unexpectedly. we're talking $5.8

it's down just about five points.ioned on a quiet day of trading the retailers are in focus. the june same store sales numbers are weak. a couple we pointed out. costco, target, both with weaker than expected june same store sales. also weak were wet seal and buckle. buckle reported the first decline in same store sales in two and a half years. wet seal's same store sales down as well. nordstrom's same store sales up a healthy 8.1%. we are watching auto nation. no surprise in the wake of the strong sales numbers that were reported by the nation's automakers for the month of june. auto nation is reporting the new vehicle sales were up 38% last month. its stock responding to that as well. the dow is off lows of the session down 59 a points now. melissa, back to you. >> thank you, mary. let's check in with rick santelli of the cme group in chicago. good morning. >> good morning, melissa lee. as bankers jockey around rates and i'm not talking about barclay's. the other bankers playing with rates. whether you look at the u

also says that the one point three billion number will only continue to grow so they. a lot of guys in the presidential election falls into the same trap because a president is dependent on the congress that's in session and they join in with the finger pointing to but interestingly enough this is never really something that the mainstream media picks up on sure they talk about partisan gridlock they love the ins and outs the name calling the playing of the sound bites over and over again but when will they point to consensus amongst economists and at least ask one set of the one representative how the hell they can answer that two thing is they don't and they won't because they love to keep the game running that's their only material calling a bluff on partisan gridlock that supposedly is over which way we want the country to head economically that's what the mainstream media chooses to miss. now while the economy is certainly issue number one for the upcoming election they have to remember that foreign policy is actually the area in which the commander in chief has t

>> this is a great point.funny, this summer we've become amateur experts on greek an spanish politics. most market participants are focused on europe. that will shift as you get into the fall. as you get into the general election season as investors focus on the fiscal cliff and risks the angst will come back to the united states and the challenge is not only are we looking at an enormous amount of fiscal drag if current policy hits on schedule, it's happening in the context of a very weak economy. >> we still have to wait for the outcome of the election. not everybody in the market believes that but i think you follow it. we're not going to know for, you know, 100 days. >> i don't know many investors right now that believe that any of this will be addressed before the election, you know, the betting is if it is fixed and hopefully it will be it will happen during that lame duck session between november 7th and midnight on december 31st. the challenge is that's a narrow period of time to fix $600 billion. >> t

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>> i just started pointing out. we're going to take a common sense step-by-step approach that puts in place the policies that will make our health insurance system more, what i will call patient-centered and lower cost. >> bill: that's not going to cut it it's if a too general. to be fair, speaker boehner increase competition. the folks need to hear far more clarity. now on how i should say their health needs to be protected by the new republic plan. you can't be going step-by-step. you have got to say this is how it is going to effect you. now, what's at stake here and what's justice anthony kennedy well understands is the change that is taking place in washington. the liberal obama administration has greatly expanded federal power into decision-making about health, energy delivery and how private business must be run. the president is also using executive privilege like richard nixon used it. to hide federal screw ups. mr. obama is basically saying to the country that he, and the democratic party, are going to cha

god bless the montford point marines.ause] >> ladies and gentlemen, the democratic leader of the house of representatives, the honorable nancy pelosi. [applause] >> good afternoon, everyone. mr. william mcdowell, the representative of the montford point marines, to each and every marine who is here. some survivors are here. many members of the families are here as well. a welcome to each and every one you. let us applaud our marines, but let us applaud their families as well for their patriotism to our country. i am honored to be here with our other senators here, the representatives of north carolina, burr and hagan, i am delighted to join our colleagues on the house side. thank you for your service to our country. -- congressman west. corrine brown, the author of the resolution. she did not tell you that she collected the signatures in record time. with the work of our congressional black caucus in the house of representatives, many who are with us this afternoon. what was also not mentioned is that she is the second ra

. >> but let me point something out. small businesses produce 70% of the jobs in america. >> i was asking for -- >> it matters how many jobs. >> i would say of those that are overwhelmingly republican, wouldn't you? >> no way of knowing. >> do more people work for the government? or -- >> , no first of all i'm not getting into an argument. i'm asking questions. >> raising some questions. >> that's all. >> raising awareness. kimberly, i want to ask you, people who are fans or who were fans and supporters of president obama like steve jobs had warned him of this very problem and he doesn't listen. when is he going to actually say something other than this because he -- it's weird, he has to clarify his clarifications. >> it's getting worse and he has that mindset. they want the government in charge and the government to pick the winner. they abhor creativity and in your entrepreneurship. that's what we've seen in his administration. >> steve jobs says apple would not have existed without the government. >> he also was very

he also just point that out. for to was asked does warren ever get to take a night off that's dedication for a governor a's no not really i don't get a lot of time off and yes please on the race thanks for suggesting that on that note it would be a good time to leave you there's more i want to get to but what to save it for another time because that is all the time for today thank you so much for watching make sure to come back tomorrow and in the meantime you know you can follow me on twitter at lauren lyster and you can give it feedback on the show catch any you missed and you should definitely subscribe at youtube dot com slash capital account you can also watch our show in h.d. on kulu at hulu dot com slash capital dash account catch our show tomorrow we have a new guest peter chair t.f. market advisors a really smart guy you an expert on europe but from everyone here have a great night. did those stores are here. for going global and. it's my. blog you. choose your place take your stuff. the stuff that. make

there are a lot of points between here and zero which we have points in this country. do think, yes, it is a tougher place to be sure than wrong. >> there you have it, the opening bell ringing on wall street as well as the s&p 500 realtime for the friday session officially under way. you have to wonder about the stocks that have been hit by the china slowdown and whether or not there still seems to be the back stop and possible further stimulus and if they will regain ground at this point. >> that's a tough call. a very typical situation, a firm cuts price target for caterpillar? why? the stock is down to 120. a lot of stocks it is difficult to figure out. say cummings, you bring it down to $9. i think they can do $9 this year. the stock is at 86. i don't know if it is cyclical. do i really want to buy this thing? do i want to buy it at seven times earnings? i think people are cherry. i don't think they want to pay up for these. i think their instincts are when in doubt buy merck. >> right. >> big winners yesterday. >> yeah. winners, boy, let me give you a real one, th

four percent the thirty year below two point four eight percent but instead of being lulled to sleep you do not think the u.s. should be a slave you think that the u.s. should learn from a cautionary tale from the extinction of the irish elk first eric what happened to the irish. well the irish elk was a was a maladaptive species ultimately so the irish elk. had enormous antlers and the antlers were according to one theory of its other except its extinction were a major component of the sexual attraction of the males so it was a big part of sexual selection the apparently the female irish elk dug male alex with beginners. as as that process that preceded. the the large antlered elk would have large antlered offspring and they would grow larger and larger which is just a generations. ultimately who ended up with that had one hundred pound antlers and they were ill suited to to forage they were could have to work even their heads up and according to the leading theory of their extinction the antlers became so large they contained sixteen or so pounds of calcium eight pounds of phosphat

she points to a moment. home . welcome back let's switch gears a bit because more reports have come out about the civil and criminal probe into libel for the wall street journal reports several groups of traders are under investigation by regulators around the world for allegedly working together to rig interest rates it was an interest rate rigging reign is what it sounds like allegedly more than a dozen traders from at least nine banks are under scrutiny and we keep hearing more and more about this investigation but what about libel or itself what is being discussed in the way of alternatives to a benchmark interest rate that is the underpinning of an estimated five hundred fifty trillion dollars in financial products but which we've seen seems like it can be pretty easily rigged while alternatives are actually something that federal reserve chairman ben bernanke he wouldn't you know spoke about before congress at a hearing last week let's listen to reserve has not come out in favor of specific one but a number o

he won by seven points.other words, the caller makes a point that there could be some event that could provide a shock wave into the electoral system. literally between labor day and election day. there will be bounces out of the convention which we know about. they typically don't last, meaning because they're made for tv, they're choreographed, they're made to put the candidates -- the campaigns in the best light possible but the caller does make a point that in an election that's very close right now, about two points, seven points ahead for obama, swing states, very close, many of the swing states, something could happen that could affect the outcome of the election. >> host: next month we will be in tampa for the republican national convention, early in september the democrats gather in charlotte, north, william march keeping a close eye on republicans and florida politics. he covers this from the tampa tribune. thank you very much for being with us. >> guest: glad to be here. >> host: we remember so we

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that is the point we reached. the state of denial where now the three branches of our democracy have spoken and said guess what, the affordable care a not just valid, it is sound. we should move forward and try to help add to the what is it 6 million americans who get medky did i care who are now paying less for prescription drugs. and talk to the 3 million americans who are young adults who got to stay on their parent's health insurance. all those folks are benefiting and those with preexisting conditions. what we should be doing is building than. quite honestly job one in congress should be creating more jobs and working with the private sector to build an economy that will create the jobs. >> and we will get to that in a second. congressman price is chomping at the about it here. >> what the chief justice said is what the court does not express any opinion on the wisdom of the affordable care act. that judgment is reserved to the people and the people understand that they don't want, washington, running their h

if i cannot attach significance, i can point you to that factual dispute. i believe the dispute is very significant. that happens within context. we have various descriptions, one minimizing, and one -- >> any question for ms. kaiser? ok, my view it is in light of the argument of counsel and in light of the fact that we are not a jury, though i think it is very close, i do not think it is particularly relevant in light of the representation of counsel. i would be inclined to let aid and for the purpose to the extent that it is relevant for helping us determine the severity of the combat on december -- of the conduct on december 31, 2011, and to the extent that it impeaches the sheriff's testimony. i did not recall that testimony specifically, but we will let you are rheostat. -- we will let you argue that. at least that is my view. i welcome the feel of my fellow commissioners. >> i would be inclined to agree with you, mr. chairman, but i would caution the city attorney, when you file your proposed findings of fact, that that is the form they are going to b

it is false. >> going to the point that john made, it's also from a strategic point untenable. i mean, if you look at these sort of state, virginia, north carolina, ohio, florida, and you go out west to nevada, new mexico, it's untenable, the republican party, the cnn's polling, 63% of minorities are breaking for obama. long term, it is suicide what republicans are doing. so what republicans are going to have to do sort of, you know, for their tea party base is absolutely suicide long-term when you look at the growth of the minority populations, particularly in the battleground states. it makes no strategic sense. >> there are those who say getting booed at the naacp might help romney among some conservatives. do you think, according to cornell's point, he was being intentionally antagonistic? >> first of all, i think it's insulting that president obama did not come himself to address e crowd and address the stark numbers impacting the black community, whether you're republican or democrat. there are republican naacp members who are lifetime members, who are also there, who als

at this point, it's become accumulative. there is an aggregate problem here, after gaffe after gaffe. at some point from just a purely campaign standpoint, i have to pile on. like some of -- the campaign itself is problematic because some of these statements coming out right now should have never been green lighted. like the whole line of -- the cultural line with the palestinian stuff. someone along the process should have said, there's a way to talk about israeli exceptionalism without offending its neighbors around them. so that becomes problematic. no, you're not going to sort of win the presidency on foreign policy. this trip has not helped him. >> part of this i guess is making inroads among jewish-american vote. which i guess if you look at polls, traditionally has gone toward obama. is this -- do you think he won over some jewish-american voters? >> some. here's the equation. i'm on the board of the republican jewish coalition. i was just over in israel registering americans to vote. the jewish votes overwhelmingly v

i just have a quick point before i get to my main point.dn't heard that anywhere else. >> so if he just dropped out of school, he obviously wasn't employed -- >> that's the problem is unemployment insurance, right? >> yeah. yeah. >> is your point no one should get unemployment -- >> no absolutely not. >> then why did you bring it up -- >> i think the point is someone else may have been footing the bill -- >> that's what i'm trying to get people to think about -- where is this money coming from? >> but you are assuming he is on unemployment insurance -- we don't know that -- >> go to your next point. >> as soon as you go and put regulations on anything -- i can come up with a few examplings the prohibition of alcohol, the prohibition of marijuana all types of pharmaceutical drugs -- >> okay. in moderation those things are not designed to kill you. guns are designed to kill you. >> can i finish please. >> sure. >> as soon as you make the -- the point to regulate any of these things, you can't just make them go away. they don't just go away --

gwen: you made a point that these were legal weapons. were they legal everywhere, the weapons that he had with him? >> pretty much. look, in this country when you're not a convicted felon, when you're not mentally adjudicated as insane, you can buy weapons freely across the country. he went into a store, went through a background check, and again, because he had no criminal background to speak of, he was able to buy these weapons with no problem. gwen: we know, then, in that case who james holmes, the suspect is not. what do we know about who he is? >> what we know is that he was a neuroscience major, a person who had been a medical students at some point. for some reason that had begun to fail him. he recently was in the process of dropping out of class. he was known by people to be a very smart person, honor student in terms of undergrad. again, very bright man with a promising future. how he descended to this madness is what police are investigating tonight. >> pierre, this is doyle mcmanus. even if this weren't an election year, peop

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speaker, crude prices rose 4-point of%. i am concerned by, can the prime minster spare me the lecture and tell the host what you're telling about inflation. first of all, can i join the honorable lady what she said about the accident. she's absolutely right that our thought should be with the friends and family and the colleagues those involved. the circumstance still remain unclear. the investigation is ongoing and more details will be released in due course. it's a reminder of the risk our service personnel takes. on the issue, i would make the point that inflation is now strong in our country which is good news. in terms of food, the way to keep inflation down is to have a responsible monetary policy which is what we have in our country. >> mr. speaker, would my honorable friend agree with me. while serious banking difficulties must be dealt with, it is vital that the importance of city of london and recognize any reforms does not damage assets of our country. >> my honorable friend does make an important point. we got t

sometimes it can be pointed. for a number of years rehnquist and roberts made a point of explaining that they were less than happy with the current state of judicial pay. so there continued to be these kind of issues between and among the branches, but i also think that probably the way chief justice hughes handled the court packing scheme probably took court-packing off the table as a realistic option going forward, and i think that's one of his great contributions. >> so i completely agree with paul clement, but i wanted to add two things. one of which is that some people did criticize hughes at the time for essentially issuing an advisory opinion because one part of his letter that chief justice roberts referred to to the court, which importantly was -- or he had consulted with brandeis about, so there was kind of unanimity among the members of the court about it. one part of the letter said hearing cases in a panel system wouldn't be constitutional, and that seems like an advisory opinion. interestingly in th

go long. >>> welcome back to "starting point."real" this morning, first there were the viral videos from that vegas conference that didn't bode well. $800,000 in taxpayer money for a big party, a conference, that was thrown by the gsa, the government services administration. they are in charge of government spending and controlling it. anyway, more questionable spending to talk about this morning. cnn's special investigation uncovered federal employees at the kansas city office took more than $20,000 worth of cooking classes. it was team building. you know, all the team building stuff we do here at cnn is nothing like that. i don't learn to cook at the end. they hired an etiquette instructor to teach them how to eat properly what they made. they learned the place settings. learned how to deal with courses when they are served. how do you eat soup and salad? that can be tricky. what to do with your napkin when it's not on your lap. how you butter your roll. >> how do you butter your roll? >> yeah. >> how can you do serious governme

one point i did want to mention, a couple of my colleagues brought up a couple of points that i want to clarify. i know he brought up a point about assessing income limits that he talked about, but i want to talk about that according to the united states department of agriculture, just 2.9% of these families, just 2.9% lived in households that exceeded the program's income limits. a very, very small amount, and i think that's for the record and to mr. conaway's point about the charges which are will and good, but a recent study came out from the bread for world study that says that every church in order to reach mr. conaway's conclusion, every church in america would have to contribute $50,000 every year to make up for the proposed cuts in this bill. every single church in this country, $50,000 a year to show the two points there. final point i want to make so everyone understands, the average time that a beneficiary stays on the food stamp program is just nine months. folks, this program does not deserve this kind of draconian cut of $16 billion. we're not evaluating it on its prope

i really don't know. >> i am not really understanding your point, ms. kaiser. >> i am just curious about mending the page numbers when all of the pages are going in any way. i am trying to understand, to simply to address that concern and address it better and understand it. >> i think what we are trying to do here is figure out what the factual findings will be based on. that is the point of determining what is relevant, not just what record is going up to the board of supervisors. when we make factual findings, what are we relying on? we are only going to rely on the evidence that has been submitted, right? >> yes. >> so that is the point of all of the meetings we have been having to determine the admissibility of evidence. >> we expect you to follow our rulings and when you submit your findings of fact that have citations, we expect that you'll be citing things that will be deemed to be relevant, whether or not another body reviews are

does the commission had a view as tubal 0.6 -- a bullet point six? >> that is the opinion about the uninformed batterer, i do not think it is relevant to what we have some new. i would be inclined to exclude it. >> i would agree. did any of the commissioners -- there are a number of parikh grubbs i reviewed and thought were relevant and should be in. i get -- identified the ones i thought were not. did the others have passe[inaud] ok. we will isue our [inaudible] we are moving pretty quickly through a fairly large amount of text. i would like the ability to bring something to the commission. attention basin that he says, based on whether there was something in evidence the defense fought -- i did not spot. i you are doing with the share of's retest -- sheriff;s request for a dr =t y ceremony. que>> the request for impeachmet testimony? >> i hope i communicated our concerns in the written rest. if we were not the chance -- the mayor did not testify truthfully under oath. there is going to be a cloud, for black and there -- lack of a better term. the m

the nasdaq off 26 points, a little less than 1%, and the s&p 500 sits right now at 1336, down 4.5 points. if we finish in the red, that will make five days in a row for the dow and the s&p 500. so let's get right to the panels. >> yes, we will get on the hot button issues. we have rick santelli and brian shactman. things really started to worsen as soon as those headlines crossed the hires. >> there wasn't necessarily a shock about the valuation of the economy, i think that was made clear in the statement, and all of data the traders seemed to follow with cnbc. i think the shock was they anticipated more discussion about forming new qe programs beyond the extension of the twist. they were disappointed, they moved down, there was not a similar move in treasuries. the big news today was at 1:00 eastern, and off the charts crazy high demand, one out of the highest i have seen in many years, if ever. >> that's extraordinary. i'm looking at the banks here and it's interesting to note that the banks are trading higher here. that's certainly one of the bether performing groups. you like the fin

. >> i raised that for the following two points. one is if dbi is reviewing it and it needs to be ada accessible, it would have to be at least 3 feet wide. the second and i am not sure -- the door now is the exit for two fire escapes which then requires a calculation for occupant load that has to exit through that governs the width of the doorway. i was not quite aware when i was reading a brief that two apartment houses were fairly sizable. perhaps i should ask that of the building department. >> what is the term of this permit? is it revocable at 30 days? does it go on forever? >> it is revocable at the direction of dpw. >> dpw can decide to revoke and reopen the street? >> that would be correct. >> knowing what you know now, did dpw recommend they can be opened permanently as a result of the print from 85 fax you kind of half recommended it during this time period. >> their specific issues from the applicant. one is as it relates to disability access for a variety of residents at this property. the other one is again the issue re

a point of clarity, it appears to be how the notification was made. as is noted within the public works code, when it is a mobile food catering truck, the notification point is the midpoint of the block they are occupying. in this case, it was a mobile catering truck. therefore, as noted by the applicant, the notification from the business -- we found the middle of the block as the notification point. that is the definition under the current code. had the grill been within the 300 feet, the department would consider the sliders and the burgers as similar food and would most likely denied this. in this situation, it appears that the department follow the process as established under the code properly. notification was based on an affidavit by the company that was hired to provide the notification. there was no reason for the department not to believe this notification was incorrect. we believe we processed this in accordance with procedures and approved it appropriately. i am here to answer any questions you might have. vice president fung: can you cla

about 40 points.nts, too. >> interesting, when we last economiced in on the european markets going into the futures there, the european equity markets have actually strengthened since we've been on air, the start of the u.s. trading day. even though we've seen concerns about peripheral europe heightening as we've gone through the show. so more concern about peripheral europe. higher yields on the ten-year in italy, for instance. and yet the equity markets reflecting a bit more optimism. >> which perhaps should leave people just with that let's just watch this and see what happens because we're not seeing necessarily the relief you'd want to see across the yield curve there in order to support more of a rally later today, but we'll see what happens. >> the two-year -- german two-year, negative, 0.04. >> and now the austrian two-year negative. the pressure there continues. >> yes, indeed. >>> plenty to keep us busy. it's good for us. honeywell ceo urging business leaders to press congress and the white

his favorable was higher by 12 points. bush in 2000, his favorable was higher by 20 points.favorable was higher by 12 points. just as you talked about a president whose numbers are below 50%, i think people would say a candidate whose unfavorable outweighs the favorable is a big problem, isn't it? >> soledad, there are two statistics you didn't look at. one is that the guiding statistic on these electrics is still right direction, wrong direction for the country. and overwhelmingly, over 60% of the people in this country feel the country is headed in the wrong direction. that's not going to play very good for the president. the second thing, back when you look at senator mccain's candidate, they didn't have nearly this amount of negative campaign money spent on him early in the cycle like it's been spent at this particular point in time. i think once you see the conventions going on, and governor romney has been hoarding a lot of his money, i think you'll see that coming towards the end. i think once the american people get to see more of who governor romney is, that favorab

, is down 3.5 points at 1370. and in the exchange today, the pros are ahead of that jobs report. we have mike ryan of ubs, tom bo bolices, and rick santelli. what is the expectation, rick? the number we keep hearing is 90,000 job growth for tomorrow. is that what the market is priced in do you believe? >> i think the whisper number on the telephone with brokers and those on the floor themselves, i would say 115 to 125,000 might be the whis tper number, and i think the volatility is the lack of volatility, still a one direction market, and the credit markets, due to the central bankers playing the only card they have and the disappointment in the market. and what does that portray about the world economy a couple years down the road. there's a little bit of a negative feeling going into tomorrow's number, but specifically a little less negative. >> but you know, john ryan, there are long-term correlations with avp, and but there is a little noise short term, do you believe they're giving us a very and very good rea

point, he went and took his gun from the ceiling and pointed it right at my face.anicked. i had no idea what to do so i just, i realized i had a five-second window to do something in order to survive so all i did was dive forward and pulled myself underneath a chair, underneath of the chairs and just kind of duck and cover as far as that goes. at that point, he had shot people behind me and the bullet casings were falling on my head and singing my head, they were so hocht. i was in a panic, i told everybody stay still, don't move. when he moved up the stairs, we could crawl to the end of the aisle and try to get out of here. he walked up the stairs and just started shooting like a number of different bullets as far as that goes. all i heard was women screaming and children screaming and i mean, there was little kids in there. there were like 6 year olds, 5 year olds and 14 year olds, there were all kinds of kids in there. they were getting shot and any time somebody would get up, he would just shoot them. it didn't really matter who they were. he was on a mission t

the stigma is replaced, we go from dope to hope here at some point. we go from drinking and singing and lying and dying to staying and playing and praying and living and giving. that's what we get to do. i'm an incarcerated guy. incarceration was not the same as rehabilitation for me. it just wasn't the same. but i have been over 500 jails and prisons in 23 years. i speak nine languages now. they're all english, but i speak fortune 500. i speak corporate, i speak kid. i have a 5-year-old. he is safe all day in the home that i have created, not the one i grew up in. my wife is an afflicted convicted lady. she actually did more jail time than i did she has seniority at home. [laughter] >> normal people don't laugh right there at all. don't the wives only have seniority? yes, especially in the penal system. but that was a double-edged sword there, i hope you got it. some of your pot smokers or ex-pot smokers, the jokes won't kick in for a long time. marijuana retards the ha ha muscle. three months from now somebody will go they're all different dads. sor