reporting from fremont da lin >> ysabel: the founder, richard li is stepping down. is raid attracted protesters. richard attempted to legalize marijuana in 2010 but was not successful. police say that people focus his efforts on marijuana legalization in other states. >> a teacher that quit his job is now in jail. he was actually on dr. phil a few weeks ago he insisted he did not have a sexual relation with his student until she was 18 years old. however, he has a recent conviction of oral sex with a young victim from 10 years ago. >> he is a pervert. it is difficult for everybody right now. >> ysabel: they are starting to investigate more. she is now in a different state. still to come, new details this morning on the fiery crash of a chap from yesterday. and a live look outside at walnut creek. it does not look that turkey will still dark we will be back not that ---perky ♪ now on verizon's 4g lte network. double your data. 4 gigabytes for just $30 a month. with 4 gigabytes, you could send and receive over 400,000 emails. or stream over 1,100 songs. or use gps navi

federal agents also visited the home of richard li. some bay area headlines in an hour, during county supervisors will consider an appeal filed against development plans approved for filmmaker george lucas. neighbors are concerned about the plan to develop a 270,000 a. plot of land. a battle over permits is delaying this week's planned opening of casino matrix in san jose. a long time garden city casino will get a new name and location near the international airport. security issues need to be explored thoroughly. >> passengers on board had a clean new ride. the transit agency replaced the woolsey's with durable vinyl ones, and 100 of their cars. they are much easier to clean. the move cost bart close to $2 million, >> what grocery stores are the best and worst to shop at? >> kenzie finally delivered the knockout punch? what we can expect from today's republican primaries. >> pin and a close call caught on tape. page drivers narrow escape before a big rig and a towtruck, tumbled down a cliff. ,, [ birds chirping ] [ inhales, exhales ]

richard li is giving up ownership of the university in oakland. the agents carted away bags of marijuana plants from for downtown locations. the university offers courses for people interested in the hot industry >> police in fremont are on the hunt for a man who shot and killed another man in an apartment complex. >> suspended sherrif ross mirkarimi made a court appearance today to prove he is enrolled in a domestic violence counseling program. it was a message from his wife that sparked some serious emotions. >> i view, op-ed as a love letter. it is about the best love letter i have received in 13 weeks >> it was written by his wife eliana lopez and published in the san francisco chronicle. she says from the beginning my public voice has been ignored and treated as irrelevant. many in the media keeps saying that i just don't get it but i do get it, i get that i'm being used to bring my husband down. mirkarimi pleaded guilty to false imprisonment last month accused of bruising his wife's arm and an argument on new year's eve i'm trying to rebuild

federal agents have been investigating richard li, reading to of his businesses. they also searched the university and his home. he says that he worries he will face federal drug charges and want someone else to take over the training school. new numbers out now on unemployment. >> and why they could be a setback for the president's reelection campaign. >> and scrutiny for a u.s. agency already under fire. the video that plays up extravagant spending in las vegas. >> a ghost ship left drifting in the sea after a tsunami in japan. why coast guard officials had to sink the vessel? coming up. >> i am in the weather center,,, [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] >> >> a japanese fishing ship drifting at sea for more than a year is now the bottom of the pacific. the ghost ship was swept away in last year's tsunami. offi

richard li says that he will now focus his attention on campaigns to legalize marijuana in other states this november. the agency's marijuana plants and bank accounts and records and computers. >> san fransisco bicycle advocates trying to promote safer riding habits in the wake of a deadly collision with eight pedestrian. a man died earlier this week after he was hit by a bicyclist last thursday in the city's castro district. today members of the san fransisco bicycle coalition spoke with morning commuters on market street, they say it is part of an effort to remind writers about the rules of the road. >> as long as we are all watching out for each other safety from the rules of the road, and moving in a responsible way, we codes is wonderfully out here. the problems began when people act recklessly. >> in a statement the coalition says they're deeply troubled by the alleged on-line account of a bicyclist involved in the incident. the district attorney is still considering whether or not to press charges in the case. >> bridging the mortgage gap, what you can do today to protect her fam

richard li told the times that he is worried about facing federal drug charges.y, a joint operation between the irs and the drug enforcement administration. ,,,,,,,,,, >> we will start you off with a look at the south bay. still little flow as you make your way out of downtown. the bay bridge is a quiet commute right now. and never had to turn on the metering lights at the toll plaza. westbound 580 out of the altamont pass, we do not see any brake lights out towards livermore. mass transit is on time >> a lot of sunshine around the bay area today, a little bit chilly early on but beginning to warm up. clear to the beaches this morning. we will stay mostly clear and we will not see the wind. this afternoon the temperature is warm up in the '50s, still cool out towards the coastline but not as breezy. about 62 degrees in santa rosa and 59 in san francisco. not a bad start to the weekend. maybe some 70 showing up on saturday and on sunday in the later half of the day the c,,,,, ♪ >> well, we may be biased but we certainly think that's a good way to start your mornin

richard li is stepping down citing concerns of potential changes there. headquarters. plan calls for thousands of employees being added to its campus. ,,,,,, [ banker ] mike and brenda found a house that they really wanted. it was in my sister's neighborhood. i told you it was perfect for you guys. literally across the street from her sister. [ banker ] but someone else bought it before they could get their offer together. we really missed a great opportunity -- dodged a bullet there. [ banker ] so we talked to them about the wells fargo priority buyer preapproval. it lets people know that you are a serious buyer because you've been credit-approved. we got everything in order so that we can move on the next place we found. which was clear on the other side of town. [ male announcer ] wells fargo. with you when you're ready to move. >> good morning, very slow conditions along 880 as you work your way northbound. no accidents but extra busy. we had an earlier accident that has cleared out of lanes but it is still slow as you work your way out of the word. a

mass killer told his trial in oslo that the psychiatric report declaring him insane was full of lies. richard reports for the bbc. >> he came to court, aiming to discrediting the psychiatrists who said he was in sane by accusing them of lying. but the courts also heard him make statements which may have strengthened the psychologist -- psychiatrist's opinion. he said 98% to 98 -- 99% are innocent civilians, but the others are targets. he went on to say after the second world war, leading nazi sympathizer is were sent to hospitals, and this was a dirty secret. it was revealing more about his state of mind. >> having heard from him that he might have paranoid delusions about the way hent ierpreted the reality around him. >> and it seems he may have a history of psychiatric problems. in the 1980's, he and his family lived here. when he was just four years old, they reportedly spent weeks in this special center of psychiatry for children. ultimately, if the ornelas decides he is insane, that would mean he will spend time in a secure psychiatric area. but for others, that would not be right. they

. >> cynthia, one of your fellow columnists, richard cohen, in the washington post says romney lies. en. he çsays, i admire a smooth li, and romney is along the best. he's not on honest about himself. do you think this is part of what comes off where w the public, why he is doing bad in favorbility ratings. >> of course. and let me just say that he has told so many huge untruths in this campaign that i'm glad some members of the major media establishment are starting to pay attention to this. but you know, it takes a special kind of personality to be a shameless as mitt romney is. you know, as governor of massachusetts he was pro gay rights. he was, at least when he ran for office for governor, he was pro choice on abortion. he was pro gun rights. and now, he completely reversed that. he was at an nra convention the other day, talking as if, you know, he's been an nra member since childhood. he is now adamantly anti-choice. he reversed everything -- oh, and let's not forget, his very own healthcare plan. which was the templet for the affordable care act. he is trying to dis's vow and

unlike richard nixon and his lies, neither president bush nor his vice president cheney have ever beenirs. however, a new book called "cheating justice" says the evidence exists and it is not too late to bring both to stand up for their actions. i'm pleased to say the book's author joins us now. welcome. >> thank you. great to be here. >> now, being the worst president and vice president in history isn't necessarily a crime but which specific laws do you believe they broke? >> well, as a former prosecutor and as a former member of the house judiciary committee during watergate, i spend a lot of time taking a look at the statutes. i saw big abuses of power. that's one thing to abuse power and one thing not to do the right thing. it is another thing it appears these criminal statutes may well have been violated by president bush and vice president cheney. >> you're talking about them deliberately -- and knowingly. it is called conspiracy to defraud the united states. that does not, that would entail the deceptions that were involved in going to war in iraq. the second statute has to do w

richard nixon came in. he espouse some of these principles quite frankly in the election and was it lies by people but he ended up not following the principles. he imposed the wage and price freeze and wage and price controls and economy, exactly the opposite from what we think is important and the federal reserve to be more expansionary and less disciplined and was apparently successful in that. and of course fiscal policy became and remained active so that is why i say so much is you have to look at what actually happens. it is of course followed by president ford who tried to make some changes but ultimately stayed with the temporary tax rebate as an example and then-president carter whose philosophy was really not so much in the direction of moving back from these interventions that encourage them and so in fact we saw stimulus packages. we saw first-time homebuyers, ideas and things like that. then they switch more towards economic freedom i think amy with president reagan. hebron unless principles and of course you challenge president ford in 1976 almost principles. he brought in people like milton fried

li to be there as well. >> coming up, gambling with an ocean view. it's billing itself as a resort first, casino second. still ahead, richardlas fed president. he'll join us at 8:30 eastern. "squawk box" will be right back. >>> this wednesday "squawk" is on a mission. >> this mission is too important for me to allow to you jeopardize it. >> a business rebel and icon. and high flying space traveler. the one and only sir richard branson. the countdown is on. and he's landing here, only on "squawk box." rival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "squawk box." for the first time in eight years a new casino is opening in atlantic city. residents, owners are hoping it's going to change t

richard is an independent. good morning. >> caller: good morning, susan. a pretty day today. the fed should be abolished as soon as possible. their currency is terrible. they lied to us on a regular basis, especially about inflation. i mean, they cut fuel and food from inflation of what everybody consumes in this country every day. it's energy and food. when they figure the consumer price index they do not figure that in there. inflation is probably averaging somewhere between probably 12 and 16% yearly, at least. also, the fed talks about unemployment, and probably the biggest lie they are telling right now is trying to cover up the fact that we have catastrophic economic failure going on in europe. and when it hits the united states we could have a total collapse of our economy. hopefully not. .. they will buy these up. that's the taxpayers. that is us. fallen on us. that is why we have the housing market and other crash. this is the history of the fed all the way back from creation in 1913 is that the peaks and valleys. they were behind the great depression. they were behind the savings and loans of the '80s, of the late '80s, if the people follow the histor