but doesn't the post office have to be a government monopoly.stitution just says, congress shall have the power to establish post offices. it doesn't say that government must deliver the mail. since governments are doing everything, why is america going broke are we still losing money in the mail business. let's ask mickey barnett. why are we still losing money, billions of dollars? >> two points, no taxpayer dollars have been lost. there are no tax funds go to the postal service. >> john: where do you get the money? >> services. now, we do have loss and ultimately the taxpayer could be at risk. your question is correct. innovation has been a hallmark what has been done in the last five years. in the last ten years we reduced the work force by 250,000 workers primarily through innovation. this is a business. it's not a tax run industry. >> john: if it's a business you would fire workers if there wasn't enough work for them and you never do that? >> granted. we are like a government in the sense we want to be compassionate and do it through attri

my retirement after 35 years at the post office, i think i take home about $1700 a month from the post share of the health insurance and that sort of stuff. >> bill: yeah. and these are the public employees that the republicans feel are the problem right. we're going to balance the budget on their backs. i'm telling you people just do not understand. i don't think enough americans appreciate the great service that we get from our postal workers all across the country. but this is the time to stand up for them and stand up for us at the same time. again, it is hr 2309. web site is apwu.org. we're glad to join the fight here cliff. thank you for leading the fight. >> thank you. >> bill: and coming in this morning. cliff guffey, president of the american postal worker's union. we'll be back and tell what you president obama is up to today. he's got one eye on the supreme court. that's for sure. be right back. >> announcer: this is the "bill press show." the real world and politics collide on "the gavin newsom show." for elon musk what could possibly be next? if you have copd like i do you

newspaper did not control the post post post office for the post office did not control the telegraph. telephone did not take public radio and video did not control television. television do not control the media and as follows. none of that could be determined on the basis of technological economic considerations. it is a political fiat. we made a series of decisions -- wise decisions, to sort of let you can mutation media developing their own way, to encourage the kind of rivals. two distinct between, for example, the providing of content and the conflicts within stream can mutation and messages. messages are transmitted. that has served us well in the past. it seems that that is the legacy we have had an extraordinarily innovative communication and to structure the last 200 years. that is the lesson we should bring to their delight and think about the issues. >> we have been talking with richard john, professor at columbia university and author of this book, "network nation", inventing american traditions. thank you very much, professor. >> thank you. >> you are watching the tv on

the post office had been moved to the colored waiting room, in fact, about a dozen years ago when i started working at montpellier, the postmaster had this space as his office, this wire cage was still in place. and where this box of -- of mail slots was, was his little window to speak to the people who came in to the, into the post office. what we decided to do was, the -- montpellier post office was very important to the local community. we didn't want to lose that. what we decided to do was move the post office to the far room of the station which is beyond this wall, which is what was called the freight room. and that's where all of the great from the trains was stored until it was placed on the trains themselves. so it was a big empty room. we moved the postmaster and post office over there. and we decided to open this up as an exhibit space. the decision to -- whether or not to put -- the white and colored signs over the doors of the train station was, was a very contentious one. we consulted any number of people -- including the african-american historical society here in orange, and

nicholas scot hartge post office. this bill is co-sponsored by all members of the indiana delegation and was reported out of the committee by unanimous consent on february 7, 2012. nicholas hartge was adamant about joining the military after the personal effect that the september 11 attacks had on him. he enlisted in the army before graduating from east noble high school in kendallville, indiana, in 2005. in august, 2006, he was deployed and stationed in baghdad. on may 14, 2007, hartge was killed when the vehicle he was riding in came in contact with an improvised explosive device. four other soldiers on patrol with hartge sustained burn wods on as much as 70% of their bodies from the attack and nicholas scott hartge made the ultimate sacrifice for his country and his dedication and courage are a testament to the men and women of the united states armed forces. for this reason, the post office in rome city, indiana, should be named in his honor. i ask that we pass the underlying bill to honor the service, sacrifice,

other agency or company beyers at two thousand and six law that drains five billion a year from post office revenues while the postal service is forced to overpay billions more in the third little accounts congress created this problem and congress can fix it. now workers are firing back to make sure they can continue to deliver our mail something they've been doing for centuries to talk more about this i was joined by chuck better treasurer for the american postal workers union here says take. in two thousand and six congress passed a bill called the postal accountability and enhanced with act one provision of the bill requires the postal service the only agency government or private anywhere in america to prefund future retirees health care benefits seventy five years into the future which burdens the u.s. postal service with a payment of five point five billion dollars per year and certainly that's a lot of money and a big burden to bear why you single out the postal service the honest fact behind the scenes that we need to make the american public aware of is their interests corporate i

the question is is the post office obsolete? >> no. >> no. >> somebody's got to deliver those amazon.com purchases. >> this is great. i did some research on the post office before coming here. in the mid-1700s, right, when this republic was first being established, it took about two weeks, as much as 14 days, for a letter to go the 109 miles from new york to philadelphia. it would take months for ambassador jefferson to send a letter from france from paris back to washington. if you were overseas and you wanted to send a letter back to the state, you actually didn't know if it would make it on the ship so it's the post office and the post office museum says people would write five letters and send them on different ships so they knew it would come back. it was expensive to send a letter, and the typical american colonists received a letter a year. >> wow. >> okay. >> a letter a year, and now, arianna, how many e-mails do you get in a day? >> oh, it's so funny. the "wall street journal" was just doing this funny thing of a day of

to be fair he also did get some funding from the post office however their representatives now say they will not receive another dime so i mean it's pretty clear that if you follow the money that this could be could explain things oh sure and they're also billionaires behind congressman eyes as well trying to push this issue. ok and you know the options like we like we just mentioned u.p.s. and fed ex they presumably because they would be driven by profits but only to deliver to places that are profitable so if this if a postal service was to be privatized i mean what does that mean for the average american you know you me who likes to send out postcards or letters in the mail because we still do use the mail you just slap a forty forty four cent stamp on it and then bam you get it delivered to wherever wherever you want anywhere and the u.s. i mean what would that mean for the way part of the way we still communicate right well the more life or death situation being very frank here rural communities would suffer tremendously because senior citizens who live in rural communities if ther

we moved the postmaster and post office over there. and we decided to open this up as an exhibit space. the decision to -- whether or not to put -- the white and colored signs over the doors of the train station was, was a very contentious one. we consulted any number of people -- including the african-american historical society here in orange, and a number of consultants, people like roger wilkens, rebecca gilmore-coleman, people in the field of african-american history. i would say overwhelmingly the response we got was a yes. put them back. people need to be made aware of what life was like not all that long ago. there were, however, a number of people who were -- who did not want to seep us put the signs back over the doors. the jim crow period was a very painful part of our history. a lot of people who lived through it didn't want to relive it. i guess the montpellier foundation, and the majority of the people that we talked to, decided that that, in the end, it was better to show the history than to hide it. people, people stopp

there's nothing worse than going to the post office and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> time for the final call. the last word from the options pits. >> it's cheap, but a long way from home. >> linkedin, too rich for my blood. >> i think the puts on linkedin, i was spending there and on the put spread instead. >> our time has expired. thanks for watching. more "options action," go to our website. we will see you back here next friday at 5:00 eastern. don't go anywhere. "money in motion" is up after this break.

what they've done is named post offices.slow the pace of government and turn congress into one of the least productive in modern history. now, congress still has six months to redeem themselves, but they won't. there's vacation time, of course. and then an election. and a lot of them are campaigning. so they won't bother to deal with any of the critical issues that face this country until at the earliest after the november election. here's the question, one in five measures passed by the current congress approved names for post offices. how equipped are lawmakers to deal with our country's problems? go to cnn.com/caffertyfile. post a comment on my blog or go to my post on "the situation room"'s facebook page. i personally don't care what they name my post office as long as i can go there and get some stamps and mail my letters. >> you know, they're shutting down post offices all over the country, jack. what's congress going to do if there's a limited number of post offices left? >> they may run out of names. >> thank you. le

go to stamps.com/tv and never go to the post office again.

a 2006 law that drains $5 billion a year from post office revenue while the postal service is forced to overpay billions more into federal accounts. house bill 2309 is not the answer. hey. hey eddie. i brought your stuff. you don't have to do this. yes i do. i want you to keep this.

the post office under federal law prescribed and a one other than a very specific well-defined group of outsiders for opening many letters. the concept of privacy in the united states come in a very calm that is closely linked with this postal policy, the term privacy and the idea that there's some image of a have a right to do with the government does not have a right to interfere with. now, what happens to the concept of the rights of privacy. the technology is very different. in fact, in order to send a message by telegraph, you have to permit telegraph operator to ride out ortiz and,, to transcribe electrically your message. so that operator knows what is in the message byte code. that is one of the solutions. but then, what if you're a government official and you are concerned about content of messages? well, you have these triteness subpoenas in the 1860s come again in the 1870s, where congress called the thousands, tens of thousands of telegraphs and this from the present-day point a few in certain contemporary sports rather extraordinary invasion of privacy and that led to re

you called your post office a national treasure.reasure? >> well, it's been around since the beginning of this country, since the revolutionary war, where 13 colonies came together and fought against the british to form the united states. the first postmaster general was benjamin franklin. it's been a dependable service for almost 236 years now. >> but the day is coming when post offices will go away just because the world is changing, is that an america that you don't want to be? >> there's a place for the internet, there's a place for cell phone service. there's areas in the country that don't have high speed internet and don't have access to cell phone service. once you get about 40 miles outside the city, it becomes spotty. this is affecting poor intercity who are least able to afford a computer. >> of all the things you could do to protest, why a hunger strike? how many days have you gone out eating now. >> well, actually a little over a day, this is actually a four-day hunger strike. and we will be wrapping this up on thursday

and, train stations became post offices. almost universally. so because the post office was the federal space, it had to be sectioned off to itself. the wire cage you see there is historically accurate to the 1910 period. the u.s. postal service though, was never segregated. and so if you were coming to buy a ticket to ride the train, and you were an african-american you, had to walk through the colored door but if you were an african-american who lived in the montpellier station area, you walked through a separate door along with your white neighbor and came in through the same door to the same space and got your mail together. the station agent at montpellier didn't just sell tickets to passenger whose wanted to ride the train. the station agent was also in charge of the telegraph, later the telephone, to make sure that the trains were safe to travel down the tracks. remember there is only one set of tracks. there are trains running both directions. so, if there is a train coming north, from the charlottesville area, the station agent has to

there's nothing worse than going to the post office and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> the school year may be drawing to a close, but here at "mad money," we never stop doing homework, on wednesday we got a question about digital generation. james sought timely help regarding the $20 takeover bid they received near the close of that very day and reportedly snubbed. it was more than double the share price at the time, tough to turn down. since dgit popped more than 20%, i figured to do more work to sell on the news or rid

but the post office was the main source of federal power. but americans were of necessity in the constant contact with local governments. with the towns of new england, the townships that were spread across the old northwest territory, the counties in the south and being affects by their decisions took advantage of the opportunity to the participate in it. democracy meant that those decisions by local governments were not made simply by those above them but made by them and people that they chose. thus by charging citizens with the administration of small affairs, much more than by leaving the government of great ones to them writes tocqueville one interests them in the public good and makes them see the need they constantly have for one another in order to produce it. local freedoms bring men closer to one another. local freedoms and democracies bring people into contact and establish ties and bonds between them on the basis of equality that were equivalent to or better than the ties that were created between them in the unequal system of a

give them an exemption or crews like the post office. so many different layers and what if you are pulling a tractor or bus. there will be so many . if it go to the roads with a flat tax but it doesn't by the way. >> what if you have an electric car? >> to joins point. if they do it, some things could make sense. get rid of all of the other taxes . get rid of the gas tax and put a mileage tax on the road. on using bridges and tunnels. but the money will end up in somebody's pocket. you love veg as, admit it. and it sounds like brother to me. it is a tax on the vehicle. it is off the cuff. you want to be in pol teches? this is political suicide. thal not work. divent or 30 or 40 years down the road. cities are grid locks that is one thing. that's not where we are now. you have to drive to work? it doesn't make a lot of sense. here is the thing. old prices are going down. >> cheryl, it is an invasion of privacy. we have a threat they are going to use domestic drones to track us and a device in your car to tell you where you go every mile.

post office did not want to deal with this. my neighbor down all killed himself and put a note on his door. it was there for two weeks until the smell of his body came down the hallway and my neighbor told me, what is that smell? finally we got them to open the door. they did not think this was an emergency. the door said that he was dead, and a small like a dead person. they get a blank check from you guys every year. everything is ok. the contracts are fine. people are dying. he would be liable and you would be in prison, too, for accessory to murder. we have to straighten this out. thank you. [applause] >> the next speaker? can we get the speaker working? >> san francisco is the single most intolerant, anti-choice, exclusionary, biased, opposed to a lifestyle choice city in this entire nation. you are systematically evil in your intolerance and discrimination against those who have no choice but to live a lifestyle as a disabled person. you've institutionalized or intolerance, into a substandard, third class housing system t

i shop there, the post offices there, the police officer is there. i have been focused on those issues, so i really know that the monday night decision will be reversed and that i am back in district 5, because i feel that is where my home is. >> i am the president of the panhandle residents organization. by any criteria, our area north of the panhandle and bounded by the sonic is part of the panhandle. socially, we are a community of interest. our organizations work within the networks of the other organizations around us. we work to clean up with the panhandle. we work on issues regarding public safety. we have had many meetings in common. it was only a few blocks away from us. that is where the neighborhood meetings are that involve the whole area. we have not only this common social interest, we have a geographical interests all along the panhandle. the economy of interest is that we are a majority of renters. there seems to be a slight majority of homeowners. we are 10% asian. i think that we delude the asian population there and make it less li

today historic post offices will be added as a group to the list of america's 11 most endangered historic preservationists say historic sites could be lost in towns and cities large and small once the postal service shets them down. they want to make it easier for develop force take over facilities so they can preserve them. >>> jury selection is moving faster than expected in the jerry sandusky child sex abuse trial. the former football coach is charged with molesting ten boys over the course of 15 years. so far, nine jurors have been seated. they include a retired bus driver, high school teacher, an engineer and a walmart employee. one is a long-time penn state football season ticket holder. three jurors and four alternates need to be chosen. opening arguments are scheduled to begin on monday. >>> this morning we are hearing from a washington county volunteer firefighter whose quick actions saved a man's life. the 24-year-old just happened to pass by a fiery crash in montgomery county. rob gregorio said he was driving when he saw what he thought was radiation steam. it turned out it was

post office did not want to deal with this. my neighbor down all killed himself and put a note on his door. it was there for two weeks until the smell of his body came down the hallway and my neighbor told me, what is that smell? finally we got them to open the door. they did not think this was an emergency. the door said that he was dead, and a small like a dead person. they get a blank check from you guys every year. everything is ok. the contracts are fine. people are dying. he would be liable and you would be in prison, too, for accessory to murder. we have to straighteth

. >> like a post office >>> coming up we're going to put politicians to the test to see if chents about health care ruling from the supreme court holds up to the test. we're just a day from the ban on foie gras. some say the fight is not over yet. and get rid of your wallet? a plan to use your phone for more than just an occasional purchase. >> and now, there is a surprising study finding men who do household chores, dan? are happier. come on, get with it. >> the study found that men who did a more equal share had higher well being and lower amounts of work and family conflict. >> no kidding. then looking at the men spent cooking, shopping and maintenance. >> emperts found men are uncomfortable when not taking equal responsibility. >> i haven't really found that to be true. we need to work on this a little bit. >> and thanks for joining us

postal workers marching through civic center to protest job cuts holding a rally and marching to the post office which is on high street upset the postal service will cross 48 plants next month. by 2014, 229 plants will be shut down and 28,000 workers will lose jobs. two days ago, 10 washington, d.c. workers started a hunger strike to protest cuts. >> there is a judge cleared the courtroom today from a man he says molested him. and there is william lynch on trial and a prosecution witness took the stand saying she saw lynch punch lindner twice. and lynch is expected to take the stand this year. >> -- week. >> authorities confiscated 400 pounds of illegal fire works from two homes. police had weapons drawn as they raided homes, hauling out professional-grade fire works but a wheel barrow. they go by such names as knew tron bomb and mighty midget. they confiscated boxes of m 80s packing the same amount of power as a quarter stick of dynamite. >> last summer a juvenile in pittsburgh lost most of his hand. so this is unfortunate they're easily obtained. >> two people were aested during the raids and

i >> no. >> i did some research on the post office before coming here appeared in the mid-1700's when this republic was first being established, it took about two weeks, as much as 14 days for a letter to go 109 miles from new york to philadelphia. it would take months for ambassador jefferson to send a letter from france, from paris back to washington. if your overseas and wanted to send a letter, you didn't know if it would make it on the ship. the post office museum says that people would write five letters and send them on different ships so they knew it would come back. it was expensive to send a letter and the typical american columnist received a letter -- american colonists received a letter a year. >how many do you get? >> the day that they were following me around, i think it was over 500. >> 500 e-mails in a day. what does that do to us? how do we deal with all of this -- does anybody here suffer from e-mail overload? [laughter] >> i have become famous among my friends and family for not responding to e-mail could not because i don't want to. i literally do not see it. in t

it's the post office. many historic post offices are slated to close due to budget cuts.servationists added them as a group to the list of america's most endangered historic places. they say historic sites could be lost in towns and cities both large and small. they want to make it easier for developers to take over the facilities so they can give the buildings new life. >>> bad credit could cost the manassas park school system thousands of dollars. the school board recently tried to borrow $250,000 to lease three school buses. but board members claim cal first, the bank with the best offer pulled the deal from the table. school leaders suspect it's because of manassas park city's bad credit rating. >> there's no letter of why. no explanation of what happened. so we had two other bids on the table. we took our third bid from alliance bank, which incidentally is in manassas park. >> the third bid is higher than the one that the school district had originally agreed to. city officials say manassas park's credit score fell in recent years as a result of the housing and credi

the post office has come up with another way. it has had a breathalyzer built into its staff key cabinet. letter carriers lined up in the morning to take a test. each person uses their own personal mouthpiece. if tkey fail to comply, they will not get the key to their vehicles, whether a van or moped. and as it thinks it is a brilliant idea. >> it is my responsibility to come to work sober, but it is also the responsibility of the employee year to make sure i am is sober once i drive out to make sure i do not injure anyone. it really should not be seen negatively. >> just to be sure no one stops off for a quick drink while on duty, the letter carriers repeat the test when they return from their routes. the alcohol lock has been available in sweden since 1999. it is becoming more common, even without the political will to mante its use. >> we swedes like to show that we are somewhat better. we like to be the first and everything. it is a matter of proving that we are good. someone somewhere came up with this idea, and it is a smar

a 2006 law that drains $5 billion a year from post office revenue while the postal service is forcedoverpay billions more into federal accounts. house bill 2309 is not the answer. >>> we said at the top today's supreme court decision was a stunner given how poorly the most court watchers thought the solicitor general did arguing the administration's case. jeffrey toobin famously predicted disaster. former bush attorney general alberto gonzales said he thought the law would be upheld. i talked to both earlier this evening about that and whether justice roberts' opinion today represents the kind of judicial modesty he promised during his confirmation hearing. judge gonzales, let me start with you. you basically called this yesterday. saying judge roberts would side with some of the liberals on the court. it didn't come down exactly as you thought. how so? >> well, you're right, we ended up where i thought we might be but i was surprised. i really thought chief justice would bring justice kennedy with him. i really felt the court would defer the question of the mandate because they woul

division on the relocation of both our offices, the war memorial department offices, and for the space for the american legion post, their office and meeting room sapce. s -- paspace. we have been in consultation with the mayor's office and real estate department on the relocation. we do not have a definitive location for either our offices or the american legion post at this time. supervisor cohen: what is the timeline? when you need to be out of the building? >> june 30, 2013, so a year from now. the real estate division advised us that the wanted to work with us starting a year off from that timeline so they could more accurately identify properties which may be available as relocation. supervisor cohen: will the american legion post be able to, i guess, once construction is complete, will they be able to come back to the building? >> yes, there is 23,000 square feet that is allocated exclusively to the san francisco american legion post for their office and meeting rooms space when we return. supervisor cohen: i am glad to hear that, because that is a priority for me as we see more and more veterans coming bac

he was reported missing after she did not show up for her shift at is a post office in hayward. they believe rogers was killed and put into the dumpster. police are hoping someone will come forward with new information. a $100,000 reward is being offered. >>> independent commission has released a scathing report of the oakland police department's response to a violent occupy protest last fall. the panel has been investigating that the night of october 25th the riot that captured international tension. the commission found police were under staffed and unprepared to confront the rowdy protestors outside city hall. this report is the latest blow to a very troubled police department. >> disaster for the city of oakland and sering indictment of the oakland police department. >> i want to acknowledge this report will be difficult for staff moral. >> police in riot gear tear gassed protestors during that long and violent confrontation. at one point they fired a bean bag that injured an iraq war veteran. we've posted the entire report on our ktvu website just go to ktvu.com and click o

officer involved shootings. one was last wednesday night, a suspect being wanted for questioning regarding the bludgeoning death of his mother. it was in an apartment on post street. when officers went to engage the suspect he never came into a place where he was visible. youhe fired at the officers thrh the wall. this conjured up memories when the police officers were killed. cat was called to try to establish communication and continued to fire through floors, ceilings, and walls, but the situation became a media -- immediate when the suspect with a fire. -- lit a fire. we did not know how many people have been secured in place. 180 people had been evacuated. goothe decision was made that if the opportunity would present itself are snipers should reduce the threat he radioed region -- snipers should reduce the threat. your they exercise research and found a makeshift bomb but the suspect made further mention of his intentions, so this is a person pushing the envelope until the officers knew what they were going to do. i think lives were saved. i just think they did a great job. king soleil no one was injured, and sunday night, officers were in control, a

i do not know, maybe the recycling people can do like the post office does, have a master key. i heard that only one person is on a truck. i just found that out. and they can go in there and pull the recycling bins out. like what was said, everybody don't put the recycling in the blue bins. the use the other ones also. but maybe that is the trick. maybe there can be a master key. especially when there is a side gate that they come out of. i want to thank the captain out of the tenderloin police department because he is really working with the people in the area. you can just give him a call and he will come out. also, the people with the trucks, maybe license of them. because you license the food trucks. because you are taking business away from the regular sit-down restaurants anyway, so you license the trucks selling the food out there, so you might as well license the people that be around city hall here buying their recycling things. why not? that is about it. the thing is, there's just trash everywhere. i do not know if you remember when frank jordan was in office, but the

. >>> what the man who worked to the post office know about building a bridge? >>> nothing.eaders demanded the couple visit. >>> every day people as sent e- mail's they send contributions and bookies of flowers. >>> detach this hotel owner who offered a complementary sweet because they said we decide to get the tickets for the bus and i said i don't think so. did we stop there for the air fare. it was barbara richardson's first plane ride. off the ground was of so beautiful and then when we came over the san francisco and the clouds were moved it was like while. there are fun thousands of miles to see what we in the bay area take for granted but actually they want to get the grand tour of the golden gate bridge for two more days. first debate crews cable car rides and sightseeing all donated. >>> this is a beautiful city and not to sound corny anything but i can understand that song they lack hard in san francisco. the richard cents a already stolen san francisco's hearts in san francisco lindi's cbs five. >>> back in the day these people from kansas would be amazed that we'

they claimed the post office isn't going broke due to declining first-class mail or internet competitionthey blame the red ink on the 2006 congressional mandate requiring the service to prefund retiree benefits 75 years in advance. >>> congressman dennis kucinich blamed it on efforts to privatize the mail. >>> former republican senator, bob dole, tells "gq" newt gingrich was difficult to work with, so he's not a newt fan. saying quote he's got a lot of ideas, some of them good, not many. >>> campaigning in boston, the president, a chicago white sox fan couldn't help himself, thanking boston for trading red sox veteran, kevin youkilis to his white sox. upon hearing boos, the president quickly apologiz, saying i guess i should not have brought up baseball. >>> and that's your morning dish of scrambled politics. >>> and here's your "first look" at how wall street will kick off the day. the dow opens at 12,502. the s&p sank 21, the nasdaq plunged 26. >>> in tokyo, the nikkei fell 70 points, but in hong kong, the hang seng gained 84. europe's debt crisis dogged investors against on monday. ho

a 2006 law that drains $5 billion a year from post office revenue while the postal service is forced to overpay billions more into federal accounts. house bill 2309 is not the answer. >>> all right, welcome back to the second half of "outfront." we start the second half with stories we care about, where we focus on our own reporting from the front lines. finally, a break for firefighters in colorado. cooler temperatures and lighter winds helping in the fight against wildfires raging across the state. the u.s. forest service officials say it could still be mid-july before the fires are under control. more than 36,000 people have been forced to leave their homes. the mayor of colorado springs says 347 homes have been destroyed. the fbi tells "outfront" that its investigation into the cause of the wildfires is now under way. well, the united states has decided to look the other way when it comes to china and singapore buying oil from iran. first, china's the biggest buyer of iran oil. so if the u.s. looks the other way on china, what are we doing? u.s. sanctions set to take effect today