. >> where can i buy a richter scale? >> mr. richter is selling it. we are going to put a plug in for cold hardware. they are not available. it's a rather complex. >> in fact we don't even use the richter scale anymore. we use a moment magnitude. the richter scale was early technology. >> probably a myth that i hear most often is my building is just fine in the loma prieta earthquake so everything is fine. is that true ? >> loma prieta was different. the ground acceleration here was quite moderate and the duration was moderate. so anyone that believes they survived a big earthquake and their building has been tested is sadly mistaken. >> we are planning for the bigger earthquake closer to san francisco and a fault totally independent. >> much stronger than the loma prieta earthquake. >> so people who were here in '89 they should say 3 times as strong and twice as long and that will give them more of an occasion of the earthquake we would have. 10 percent isn't really the threshold of damage. when you triple it you cross that line. it's much more damag

the ridges are considering staying here for good -- the victors -- the richters are considering stayinghere for good. >> home is where i feel comfortable. we have a great group of friends here. >> portugal is struggling financially, and no amount of sunshine can dispel the country's woes. high unemployment, a government in complete disarray, and the enormous state deficit -- a fateful combination. so where is the desperately needed money to come from? eager to find new solutions to revive the economy, lisbon wants to attract foreign pensioners with cash to spend. >> we do not tend to compare ourselves with other countries, but in recent years, we have not had the kind of real estate crisis that spain or greece have . our coasts are not built like theirs are, and we have done a lot for senior citizens here. >> this family has been in the holiday complex business for generations. he says the traditional market is exhausted. as he sees things, the future lies with wealthy retirees from northern europe. this vacation complex was designed to cater to a pensioner clientele. there are elevator

so let's make the assumption, today is saturday, an earthquake, magnitude 7.3 on the richter scale has struck 9.45 am this morning. the quake was on the north heyward fault and lasted 10 seconds. 45 minutes later, the city has widespread damage, fire, police and paramedics are overwhelmed by thousands of calls. nert volunteers are gathering in appropriate staging areas. your objective is to set up a command structure and prioritize the incident. what is the first incident you want to respond to and why? what is the second incident you would respond to, and why? you would continue this process until all the incidents have been addressed. and you have to always remember what's the model of the nert program? come on, everyone, let's go. do the most good for the most amount of people. those who pick priority 1, 35 people reported missing or injured. what's the goal of the nert program? let's repeat it again. do the most good for the most amount of people. so, thus, what's the second incident you would go to? 9 elderly people. this is what you have to deal with. once you dealt with people,

if you don't know about decibels, you say, what's 12 decibels, it's a logarithmic scale like the richter scale. conversational speech and [speaker not understood], is 12-1/2 times louder. that's loud. and it's not just loud from 9:00 p.m. to 5:00 p.m. when many people aren't in their homes because there are homes and apartments all around on two sides this proposed project, it would be loud 16 hours a day because it is 15 hours a day 7 days a week that the proposal for this car wash has been made. so, i am concerned about the effects of that on here. the second study was the traffic study study was done in september 2011 and november 2011. i'm not quite sure why one was done eight weeks after the other. but the november 2011 traffic study, now 19 old said the comparisons could only be 1150 [speaker not understood]. since school is out, i have been to that street and done my own traffic study. i have been there 10 times. i have measured and counted and measured and counted and measured and counted. what i would like to do i think you have a letter from the association in your portfolio so

kaiser time out to go to san francisco and speak with walt rector of testosterone pit dot com wolf richter welcome back to the kaiser report thanks max i always look back on right now wolf roger tell us of what is happening in the real estate investment trust market first but first explain exactly what a real estate investment trust is how big this market is really best real estate investment trust is a company that functions like a fund and it issues equities our stock sporadically multiplies that equity by borrowing usually overnight in the short term market and yessiree interest rates and then ends up buying large amounts of mortgage mortgage backed securities with it usually in the united states those would be government backed mortgages from fannie mae and freddie mac. which and you may and there they get you need tax treatment if they pay ninety percent of their income in terms of dividends then they don't have to pay income taxes on the income tax or their responsibility of the stockholder now there's been a massive unwinding right as interest rates have ticked up recently these are

the whistle on something thank you so much for coming on telling your side of the story james hall richter former north of grumman whistleblower shank you so much for having me on the suit every thank you. guys despite some optimistic reports indicating that america's financial situation is getting better i can assure you it's not a new study by the associated press shows that eighty percent of adults in the us struggle with joblessness and are either in or near poverty guys that's four out of five adults and one of the areas being hit the hardest is the housing market even americans who are barely keeping their heads above water could still end up fighting the big banks just to keep their homes take for example the case of katie barnett after going on vacation for two weeks katie returned to find their home had been ransacked and most of her belongings stolen and much turned ismay resident found out it wasn't burglars or random vandals it was a bank see first national bank plan to repossess a foreclosed home across the street from barnett and hired a contractor to do the dirty work but in

company was inflating its material cost to increase government payouts after he blew the whistle richter was named a whistleblower of the year in two thousand and seven by the organization taxpayers against fraud however this is after a fifteen year battle against a defense giant so it's not about his case the current climate for whistleblowers i'm joined now by james hi ira how are you doing thank you for having me on the street so you're coming you're touring around the country to about this book and. just about your story first before we get into what happened and what you think about obama's remove. you know his pledge to protect whistleblowers from the website while i haven't looked into that myself every so i can't really answer one way or another on it and so this is news to me what you're just telling me and so i apologize if i can't have a definitive position on that ok let's talk about your story how did you find out that northrop grumman was falsifying and from asian and how much money were they actually stealing from the government while it began back in one thousand nine hun

the whistle on something thank you so much for coming on telling your side of the story james hall richter former north of the german whistleblower shank you so much for having me on the say thank you. guys despite some optimistic reports indicating that america's financial situation is getting better i can assure you it's not a new study by the associated press shows that eighty percent of adults in the us struggle with joblessness and are either in or near poverty guys that's four out of five adults and one of the areas being hit the hardest is the housing market even americans who are barely keeping their heads above water could still end up fighting the big banks just to keep their homes take for example the case of katie barnett after going on vacation for two weeks katie returned to find their home had been ransacked and most of her belongings stolen and much turned ismay resident found out that it wasn't burglars or random vandals it was a bank see first national bank plan to repossess a foreclosed home across the street from barnett and hired a contractor to do the dirty work but i

. >> the event registered on the richter scale of the university of wisconsin milwaukee and actually noticed on their seismographs there. >> the terrifying accident is caught on camera by an employee of the occupational safety and health administration, a federal agency charged with setting and enforcing workplace safety standards. inspector pat is on site that day for a visit. seconds before the collapse, his colleagues begin recording the crane, not for work but for pleasure. >> we were videoing it just to see and it turned out to be the best evidence we have. >> iron worker jeff kasinski is watching the lift from a man basket, a bucket suspended from a crane inside the stadium. >> you don't go to work expecting, you know -- you don't expect to see one of the most catastrophic construction accidents we've ever had. >> the retractable roof is the showpiece of the cutting edge baseball stadium, but lifting the preconstructed structure into place isn't easy. it weighs 400 tons. >> you may as well be lifting the world. that's a lot of iron to be lifting at one shot. >> the crane, nickn

there was some debate about is it a data recorder, is it a cockpit recorder, and it's almost like the richter scale. it's not the -- that's the vernacular. >> today's black boxes are so much better, and they're so life-saving. hard not to get excitinged about them because they're so important for safety. >> thanks to both of you. we'll analyze the flight data recorder information from the national transportation safety board a little bit later on in the show. jim tillman will be back with us as well as mary schiavo. thank you for both of wrush very informative. flight 214 was flying too slow. pilots trying to aboard the landing. we have more details on the investigation. plus, a panicked daughter watched the crash from her balco balcony. her father on board. up next, the daughter's emotional story. >> the cockpit voice recorder of asiana flight 214, the plane that crashed and claimed the lives of two teenagers, appears to show that the pilots tried to abort the landing just one and a half seconds before the plane crash-landed at san francisco international airport. this just one of many new d

. >> for sharon gillespie, patrick dennis colgan and alicia richter, it was all of that and perhaps more, texas. mother's day 2003. assistant chief of police sharon gillespie makes a routine traffic stop at a convenience store parking lot. it's all caught on the dashboard camera in her police car. >> she is a very good officer, and she is a smart, real smart person. and a real caring type person. >> after being stopped, the driver immediately exits the vehicle, and surprisingly, begins walking away. gillespie calls him back, asking for some identification. >> and when sheri stopped him, she didn't know for sure who he was, and she asked him for his i.d. and he said, well, i don't have any i.d. but he told her his last name. >> he tells her his last name is gray. gillespie realizes he fits the description of the andrew lee gray, a man wanted by police for assaulting his girlfriend with a knife. she asks gray to put his hands on the trunk of the car. >> he placed his hands on the car, and she took her handcuffs out. he spun around to fight her. she grabbed him by the shirt and told him you

>> saw a lackluster ten-year note auction and richter depicket that had in chicago, but we're seeing the message coming out of the fed. seeing clarity but seeing a consistent message. going to continually strength-in the u.s. dollar and therefore the euro currency will continue to weaken. how do you play that, get long the eeo, and that allows you to see we're a percentage away from the all-time highs. fomc minutes coming out. we want to short s&p and you can do that via the etf sh. that's what we're getting into before the announcement. >> usually rising rates are anathema to stock price gains and usually they mean a slower economy. the fed is not raising rates and we just talked about that with kenny and bob, but the market is certainly raising rates. >> absolutely, and the velocity, the key to the whole thing. the velocity and move in rates. here we are hovering on 2.6, bouncing around. what does that mean? what's the ripple effect and a lot of people are trying to figure out how does that hurt you? >> yet another one of the cross-currents. we have to go and do a little bit of bre

yeah, there was a literal earthquake 5.8 on the richter scale stretching from virginia to new york onears ago. then the very next day there was a political earthquake or what seemed at the time. what gallop released its newest poll on the presidential contest and found a new front-runner, rick perry less than two weeks jumping into the race surging into first place with 29% and threatening to leave mitt romney in the dust. kind of made sense up until that point romney had been the luckiest republican alive. there was a clear, huge, gaping opening for a credible conservative to take him out and there had been all year. the conservative base was in revolt against the party establishment. a party establishment that was basically personified by romney. perry seemed like a more natural fit for the grass roots. but because he was also the governor of a major state, someone who had proven he could raise big money and win big elections it seemed like the party establishment would be comfortable with him. so when that poll came out two years ago it looked like mitt romney's luck was quickly ru

richter. >> thanks, i'mon. in interest rates, let's switch gears on the fly here and talk about something else, reits. today i've probably been handed five major articles written about reits but i'd rather go back to some articles i read in january, february and march. there's been various points of escalation for various reasons but in the end i remember the doom and gloomers saying the reits would have some problems and the answer is simple in, a de-researching mode. short-term funding, historic lows creates a bunch of problems when those low rates don't remain low. leverage short-term funding. let's look at the typical reit before the debacle started. most articles said if you want to get nervous look at the debt to equity. remember, they pay out all their dough in dividends. debt to equity was anywhere from 7-1 to 10-1. you would cry in you read this. huge market caps very little in the form of sales revenue, and when you look at most of these securities and a lot of leverage was in mortgage-backed securiti

. >> where can i buy a richter scale? >> mr. richter is selling it. we are going to put a plug in for cold hardware. they are not available. it's a rather complex. >> in fact we don't even use the richter scale anymore. we use a moment magnitude. the richter scale was early technology. >> probably a myth that i hear most often is my building is just fine in the loma prieta earthquake so everything is fine. is that true ? >> loma prieta was different. the ground acceleration here was quite moderate and the duration was moderate. so anyone that believes they survived a big earthquake and their building has been tested is sadly mistaken. >> we are planning for

. >> where can i buy a richter scale? >> mr. richter is selling it.e are going to put a plug in for cold hardware. they are not available. it's a rather complex. >> in fact we don't even use the richter scale anymore. we use a moment magnitude. the richter scale was early technology. >> probably a myth that i hear most often is my building is just fine in the loma prieta earthquake so everything is fine. is that true