robert frank has more. >> reporter: the stock market may go down but the prices for collectible cars are on a tear. here auction houses are expected to sell more than $300 million worth of cars. that would be an all-time record topping last year's 265 million and that's twice the precrisis record. >> it's been pretty hot. the values have been rising fairly consistently with certain areas and certain segments having excitement behind them at auction. >> reporter: more than 100 cars are expected to sell for $100 million and 10 million is the new million when it comes to these top cars. >> when people talk about million dollar cars, that's pretty easy now for me to understand. as hard as it is to imagine, now it's 10 million dollar cars and 20 million dollar cars and there are actually some 50 million dollar cars, while that was impossible to imagine, i know people starting to talk about what will be the first 100 million dollar car. >> reporter: right now the wealthy are rushing into hard assets that not only bring in returns, but also have an added bonus. >> it goes down 3%. it's more

we'll get that story from robert frank. he's our resident expert on the rich next up on "the kudlow report." uh-oh! guess what day it is?? guess what day it is! huh...anybody? julie! hey...guess what day it is?? ah come on, i know you can hear me. mike mike mike mike mike... what day is it mike? ha ha ha ha ha ha! leslie, guess what today is? it's hump day. whoot whoot! ronny, how happy are folks who save hundreds of dollars switching to geico? i'd say happier than a camel on wednesday. hump day!!! yay!! get happy. get geico. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. it's time. all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. >> big money is working overtime. a new study shows that people making over $750,000 or more don'

our robert frank knows. robert, what's the answer?wealthy are holding record amounts of cash. we'll tell you why they are filling their bank accounts and what they may be afraid of. that's coming up after the break. [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your do

robert frank is at the california wishing he was back in the news room.ve you got for us? >> reporter: yeah, mandy, in fact, the most famous ferrari here in pebble beach is not actually a ferrari. you may remember it from this famous scene in movie history. let's take a look. >> 1961 ferrari 250 gt california. ♪ ooh, yeah >> reporter: yeah, that's right. the ferrari, the ferris bueller ferrari is up for sale, the one they drove around on their famous day off. it can be yours. the car used in that movie is being auctioned off this weekend. the price? more than $250,000. but given prices for movie cars, it could fetch more than $1 million. now, the car was one of three used in the movie. this particular car being sold was used in many of the most famous scenes, including the famous jump scene in chicago. it was also used in the scene where ferris throws his hat off on the highway. it was not the car that crashed in the canyon. luckily, now. the owner and builder of this car told us yesterday that he bought it back from paramount studios, and to this day, wh

our wealth editor robert frank is live in pebble beach. robert?reporter: hey, tyler, porsches have always been the poor cousin to ferrari in the collectible world, but now with so much money going into collectible cars, porsche prices are on a tear. prices for 911s, more tran tripling or quadrupling in the last five years and we talked so some of the top porsche collectors in the world about what makes that porsche magic. let's hear. >> it's an exemploys pleasive car. the -- explosive car. the regular 911 beat everything on the back. the super cars of then are the street cars today. >> reporter: now the auction record for a porsche is $1.4 million, set for the car driven by steve mcqueen in the movie "le manns" but this car, no doubt, will break that record the it's a 1955, the first car porsche made dedicated to racing. it's going to fetch, get this, between $4 million and $5 million. guys, that's almost ferrari money. back to you. >> it is. i bet it gets it though, i really bet it gets that nt. people are wild about those cars. robert, thank you

nothing is going to compare to these paintings. >> all right, we'll leave it right there, robert frankreciate it. >> no question rob certificaert those pictures are worth a bloody fortune but it's a legacy thing for detroit. let me go back, sell the land. i repeat, my supply side theory, make detroit a tax-free enterprise zone. i'm kudlow. we'll be back tomorrow night with more free markets. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. [soft piano music] ♪ [snapping photos] ♪ (female #1) wanna do one on his lap? ♪

not us, robert frank is. it's here.guest to talk sales and what this means for bugatti and what makes it so special. "squawk box" will be right back. and experience the connectivity of the available lexus enform, . . >> coming up next. the challenger jobs report. a rate out and the world's most expensive car. it's here, we have the sales director of bugatti in just a bit. the futures right now. take a look. we have green arrows. the dow looks to open a few points higher. back in just a moment. [ agent smith ] i've found software that intrigues me. . . >> welcome back to "squawk box," everybody. let's take a look at some of the stocks on the move this morning. dow component procter & gamble reporting a profit of 79 cents a share. 2 cents better than the street was expecting. revenue a big conconsensus. this was the first report. component was up about 1.1%. also, beazer homes, a smaller than expected loss. like other home builders, beazer is seeing higher than average sales prices. it expects to return to profitability t

robert frank joins us now with the details. hey, robert. >> reporter: kelly, big news, or possibly, for the detroit bankruptcy. the emergency manager kevyn orr has hired christie's to assess the collection of the art. the art is valued by many as well over $1 billion. orr says that while, quote, there is no specific plan to sell the assets, the move is taken at the request of creditors. he said, quote, the city must know the current value of all of its assets, including the city-owned collection at the dia, and orr's statement goes on to say there's never been, nor is there now any plan to sell the art, this valuation as well as the valuation of other city assets is an integral part of the restructuring process. it is a step the city must take to reach resolutions with its creditors. it goes on to say that this is needed for the strong future of detroit and its residents. he said the auction house will also advise the city on, quote, nonsale alternatives. unclear what that means. christie's will be valuing works like van gogh's

our wealth editor robert frank is here. >> thanks, tyler.y are called turnkey mansions, when a rich buyer wants the mansion and everything in it, tyler, i mean, everything. check this out. a mansion in tampa, florida listed at 12.5 million, wants the art on the wall, dishes, towels, russian, entire set of christmas nut crackers, three gas in the barrage, including a bentley and the frames on the family photos. luckily the owner got to keep the photos but these buyers they pay for the extras, but there's a lot of haggling that can go on and that can threaten a multi-million dollar deal. this house in napa valley was about to be sold for 6.4 million. the seller wanted to keep this artwork featuring fish foesils. the deal almost collapsed over the fish fossils. the broker had to chip in $60,000 from her own commission and in new york we have the penthouse that sold for $7 million, and the contract included most of the furniture, the liquor in the liquor cabinet, the toilet brushes and two jars filled with m & ms. turnkey sales are soaring becau

>> robert frank, get to the bottom of the story. >> i am on it. i am on it.ready. >> mercifully nowhere to be found there. 70 million dollars with a private water park, did anyone else see larry david's movie on hbo a week or two ago that involves a plot with martha's vineyard and he takes down the -- we'll leave it there. i don't think anyone. clear history. thank you. let's get to it. here is what you may have missed. >> welcome to squawk on the street. here is what's happened so farment. >> durable goods down, a whopping 7 approximate the 3. >> this is right sizing the industry. so gdp and capacity, those are the issues, the macro issues. >> are you in support of the transaction? >> i think we win either way, whether it goes through or whether it doesn't go through. >> that is the legacy drug a few billion. >> that's a great drug for pancreatic and kidney, nothing for those so this is one of those things amgen suddenly is back. >> that's global markets and agreed to a merger which i know came up last week. they agreed to a deal. >> you buy it and emotional

robert frank to tell us exactly what those three people will get. >> because i'm very good at tellingy very quickly. so each of them, each of them gets $86 million or about 58 million after taxes. so i did a little mansion and yacht shopping. because that's what elmer fud says makes you rich. >> did you go to groupon? >> not yet. can you buy a yacht. i think we have an image of it. 192 feet. there it is. >> too big for the lake in minnesota. >> you can take your private jet. these guys are new jersey. so a gym, theater, seat your 12 guests. beautiful boat. yours for $46 plus the millions a year to keep it up. >> there it is. $58 will million. gone. >> if yachts aren't your thing, and this is for the new jersey winners, alpine mansion, stone mansion, up in alpine, 30,000 square feet. my favorite thing about this house, and i've been in this house several times. it has a basketball court that transforms into a swimming pool. >> back up, back up with be back up. you've been in this house several times. >> this house is about three miles from cnbc. >> yeah, gorgeous. >> why have you been

they do seem, robert frank, to be doing digital better than any competitors. >> tyler, i've seen thismany times before. for 15 of my 18 years, the bancroft family said it never was for sale, until it is. the dividend at "new york times" is still not back. you have family members that eventually could press we need income at some point. right now they're able to hold it down. that doesn't last forever. >>> i have been saying for a while watch what mayor bloomberg does when he gets out of office. >> very good point. >>> sly stallone, bruce willis known as tough guys, now their movie persona has spilled out into real life after stallone slammed willis on twitter for reportedly asking for $4 million for four days of work on "expectables 3." harrison ford in, great news, and then greedy and lazy, a sure formula for a career failure. you don't hear this kind of talk in hollywood, bob? >> it's interesting, i think bruce willis is probably 58 years old, and harrison ford is 71. they're in a movie called "the expensesables." they better shoot the movie fast. i think they guys are friends, thou

. >> robert frank, great reporting. >> sue, down to you. >> speaking of jobs, if you're job hunting whilenot alone and soon you may not be able to say a lot of things in seattle. plus -- >> from lawyer to legos, how a man who could not read another legal document took a big risk next on "power lunch." the premiere of "escaping the cube," stories of professionals who left the cubicle behind. >>> well, if you hate your job, you're probably not alone. what are you doing about it? answers in a new "power lunch" production, "escaping the cube." >> i had to go up to the 42nd floor in the corner office and tell the partner i work for that i'm leaving the practice to go play with toys. hi. i'm nathan, and i'm a lego brick artist. ♪ but i used to be a lawyer. i was doing corporate law, m & a and securities, very exciting stuff. i was working on billion dollar deals. these were huge transactions which to some very exciting, but i wasn't -- i wasn't fulfilled, and i needed something else, so i started creating, you know, little sculptures here and there at night while i was still working as an attor

. >>> yeah, we've got robert frank. man with the best job in the world. and the bugatti veyron.ow do you sell this car? >> we do special events. absolutely no advertising. a lot of pr work. >> so if someone wants a little drive way eye candy, how many did you make? >> we only have about 40. >> did you say that half of the owners have more than one of these? >> more than half. once they buy their first one, they tend to want a different configuration. maybe they started with a coup and then wanted the top-open car. the moment extreme, a gentleman purchased 11. >> now what is next? you have the fastest car on the planet, the most expensive. what is your next car going to be? and by the way, you can break news right now, feel free. >> we do have a few things under development. there is a four-door on the internet the past few years. >> is that going to happen? >> it is still under consideration. we're not sure which thing will be next. and whatever it is is two plus years away. it is still in development. >> i know why you have to own more than one. i think i figured it out. >> why

robert frank has the details of the triangle. >> reporter: there was an explosive paragraph buried inom prosecutors in the madoff case. it said all but one of five defendants set to go on trial in october were at one time in a romantic or sexual relationship with each other or witnesses. it revealed that, quote, one of the defendants was involved in a love triangle with bernie madoff himself. the defendants have been charged in connection with that $65 billion fraud madoff himself, of course, serving 150-year prison sentence in north carolina. the mystery is who else was involved in this love triangle. the five name include joanne kruppy who worked in the investment advisory business, handling a lot of the funds. annette bongiorno. perez, and daniel bonventre. there's speculation the love interest could be the wife of one of the male defendants. of course, it's not the first time that madoff has been accused of infidelity. cheryl weinstein wrote an book about her alleged one-year affair with madoff. maybe there are more books on the way. >> you know, prosecutors can sometimes use thos

. >> seema mody and robert frank are here. is larry ellison right, seema?not a positive thing to hear if you're an apple shareholder. however, in the last two years apple's competitive advantage in the smartphone and tablet space has changed. will this be different if steve jobs was around? maybe not. >> robert? >> yeah, you know, follow the finger. i mean, the direction there is pretty clear, and i think ellison is the most jobsian ceo in america in terms of the mad genius. these two were very close. he had a lot of insight into what made this company successful. i think he's right. >> very interesting. on to tesla with an iconic ceo, elon musk releasing his idea for the hyperloop, a high-speed above ground travel system that could take you from l.a. to san francisco in half an hour. check out the animation nbc created of the concept, so robert, would the hyperloop ever be built or does musk want to keep his name relevant? it looks like the trans-alaskan pipeline with people in it. >> i can't help but think that this hyperloop ends up with a rich dudes in

robert frank is back at headquarters with more on this. >> kelly, it turns out that the leisure class spectrum group shows those folks making more than $750,000 a year have the highest planned retirement ages. nearly a third of them don't plan to retire until after 70. for those making under $100,000, only 6% plan to retire after 70. 50% of the top earners say they never plan to retire. why aren't the rich retiring? after all, they are the one group that actually can afford to retire, but most of those top earners, they're entrepreneurs, and they are more likely than any other group to credit hard work for their success and they like to take rick. now, as entrepreneurs, their life is their company and their company is their life. to them this is not really work, it's fun. it's what they really love to do. now, think about david murdoch still running dole food at 90. john malone still shaking up the cable industry at 72 or steve wynn still overseeing that casino empire at 71. the dream used to be to get rich and retire at 40. now it's get rich and work past 90. >> but continue to look

robert frank, thank you so much. you have a rough day ahead.my job. >>> $20 million for a car. that's $2 million. the bugati, we had one out front a week ago? >> yeah. >> that was a couple million dollars. >> i like the dog better. >> yeah. i don't know. >>> anyway, guys, we want to thank our bests who are here today. jason, thanks for being here. stephanie, zach. we really appreciate your time today. if you have a quick final word about the market, one, what would it be? >> use volatility. find ideas in u.s. and some ent find b international. >> buy on weakness. >> okay. that does it for us today. >> okay. thank you, judge. >>> make sure you are here on monday. "squawk on the street" begins right now. ♪ >>> good friday morning. welcome to "squawk on the street." i'm carl quintanilla with david faber at the new york stock exchange. cramer is off. with us at post nine mike, senior editor at yahoo! finance. we are coming off the worst day for stocks in about two months. only the third time this year we've had back-to-back triple digit declines. f

robert: oh, god. glad you came over? frank, tell the truth. it's not twice a week. well, give or take.oint is, we're not dead. you know, i can't believe this, but i actually want to ask you something. go ahead, dear. how can you two be so... shouldn't you two be tired? what's there to be tired about? i don't work anymore. what else do i got to do? and you're forgetting the mo important thing about the sex. oh, god. the kids are out of the house. yeah. for years you were dragging us down. you remember the night when robbie went to his new apartment? [chuckles] think there's a bottle of scotch with our name on it. hey, uh, don't take this personal, but for the next 6 months, no eye contact. so, what do you think? oh, stop it, frank, i'm tired. all right. the soup's good. what if we could keep that much out of landfills each year. by using just one less trash bag each month... we can. and glad forceflex bags stretch until they're full. so you can take them out less often. it's a small change that can make a big difference. and for continuous odor neutralization... use new glad odorshield

check out robert frank's piece on cnbc.com.t finds those making $750,000 or more say the number one thing they wish they did differently during the financial crisis was saved more. since then the wealthy have become the nation's top cash hoarders. savings rate of the wealthiest 1% soared to 37% in the second quarter. more than three types their savings rates back in 2007. so this is a lesson that is still sticking around. >> are you saving more? you're saving less? >> man, i finally started doing work around my house. for seven years i haven't done anything. the roof is falling in. bathrooms were original from 1972. i've started to put a little money back into my home. >> i'm actually surprised of that number. i would have thought it would have not reversed, but i didn't think it was going to get better. >> if you have business on the west coast today, california governor jerry brown has averted a strike of san francisco bay's area rapid transit system. a contract dispute threatened to shut down the nation's fifth largest rail

robert frank with that million dollar minute.ackberry formed a special committee to explore strategic alternatives including sale or joint venture. we just don't know. we're asking you who is the out of the box buyer for blackberry and why? your responses coming up. [ male announcer ] come to the lexus golden opportunity sales event and choose from one of five lexus hybrids that's right for you, including the lexus es and ct hybrids. ♪ this is the pursuit of perfection. ♪ it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as thi

thank you so much, robert frank. we thank you for coming in on an interesting friday afternoon.e." >> thanks so much. welcome to "the halftime show." four hours to go until the close. let's look at where we stand on this friday. green, not so much though. trying to rebound from yesterday's big sell-off. here is what we're following on the half. gold play. with the appreciaprecious metal in on a two on month high, is it time to get in. >>> a green mountain's move a sign that more gains are ahead? a highly caffeinated brawl is so coming up. >>> sta

>> reporter: robert briggs is town chairman of monico, wisconsin, the town where frank launched his spaceam. monico has a three pump gas station, a two-bit bar and now, thanks to frank, one remote planetarium. >> this is the most remote planetarium in the world. >> reporter: frank basically built it in his backyard. >> to be a planetarium director you need college, but if you build your own, you can run it. hs pelley: (laughs) using the money he made at the paper mill, frank opened to the public in 2007, although when we first visited a few years ago business was far from stellar. how long since somebody's been here? >> it's been about three days. >> reporter: needless to say, visitors can get right in. >> i'd like to welcome you to the kovac planetarium. >> reporter: well, it's just me, you don't have to say "all of you." >> well, my name is frank kovac and i built the largest planetarium. >> reporter: because he couldn't afford a projection system to mimic the revolution system of our planet, he came up with a way to move the heavens instead. and as for the individual stars -- >> i took

roberts. ♪ luck be a lady tonight >> reporter: frank sinatra said it best. all in pursuit of her and do some pretty quirky things to get lady luck on our side. blow out all the candles. pick up a penny, heads up only, please. shower the bride with rice. and, of course, we all want to be lucky in love. but when it comes to luck at the card table, david hayes has it, hands down. by day, he's a jewelry maker in columbus, ohio, earning a modest salary. by night -- he's fortune's favorite son. his game? blackjack. his winning percentage, freakishly good. you not only win, but you seem to win big. >> i do. >> reporter: so, this is not $100, 200 gz. >> no, we're taking five, six figures, generally, when i play. >> reporter: wow. >> yep. >> reporter: with his golden guts, david defies all the stats and frustrating for casinos, he never cheats or counts cards. so, just pure luck? >> it's just pure luck. 5, 15, too much. >> reporter: there you go. so, naturally, we wanted to see this guy's luck with our own eyes. >> i win. >> reporter: so, we brought him to new york f

roberts in his very frank answers to all your question.of course with his initial remarks, thank you, brad. >> thank you. [applause] >> the transportation department is considering new rules requiring airlines to disclose the fees for travelers buying tickets online. the congressional internet caucus will hold a hearing about that today at noon eastern here on c-span2. now, a look ahead to next month's g20 summit in saint petersburg, russia. analyst at the center for strategic and international studies discuss the priorities for the summit and the president's trip to stockholm, sweden. this is just under one hour. >> good morning and welcome to the center for strategic and international studies. i had the pleasure of presiding over this briefing today with two of my favorite colleagues, soon-to-be three of my favorite colleagues. one of them is stuck in traffic. we'll be talking about the president's trip to the g20 summit, and we will go through this from a couple different angles. but first i would like to introduce heather conley, direc

robert gets the gelato girl, and i get hosed down by mrs. mussolini. marie: oh, look at that! debra: and the colors of it -- this is beautiful. frank is somethin'! look at the -- look at the fountain. oh! ha! raymond, i can't believe we're here! these are the spanish steps. spanish? i knew we were walkin' too long. and the reason they're called that -- okay, sorry i asked. we're goin' up. do we have to, really? ray, this is the spanish steps! where's the spanish elevator? i'll go with you, honey. thank you, marie. only you would think of these as stairs. what are they, then? hey, let me carry that stuff for you, cara mia. thank you, frank. one...two... three...four... walk, walk, walk, walk... five...six...seven... [ speaking italian ] excuse me? sei bellissima -- very beautiful, you. oh, ha ha ha! nice hair. oh, thank you. all right, let's go. what? man: ciao, beautiful girl. okay! bye-bye! don't say "bye" to them. why not? you talked to them, now they're gonna follow you home. oh, would you stop it? no, you stop. you like that. "hey, cacha poochie!" oh, god. yeah, you listen -- you better watch yourself, okay? they got one thing

until robert gets a raise, we are blessed with your parents' old stuff. if you get really close, you can still smell frank's. [laughing] sorry. i thought we weren't doing that anymore. no crazy chin. yeah, you're right. you're--you're right. you know, sometimes when i eat, i do--i do a little thing with my chin. oh, i didn't know. i didn't know that. so, debra, your hair is looking good. oh, thank you. it's not as yecch as it was when you were pregnant. thank you. what are you doing? i'm rubbing your shoulders. why? i don't know. you're my mush-mush? it's ok. i'm sorry, was i hurting you? sometimes i don't know my own strength. you and your big mitts. that's why we can't have pets. [polite laughter] my funny lady. look out for mr. big hands. ok, i'm going to bed. all right. we'll keep it down out here. oh, do whatever you want. good night, guys. always good to see you. bobby, tonight, could you not plop into bed? sometimes i wake up in midair. ok, you got it. no plopping. night, mushy-mush-mush. [slams door] so, robert. i love what you guys-- no, no, seriously. we've got to keep it down. [yawning] ah. whoo.

robert... [groan] [groan] but wouldn't you agree that sometimes-- and i'm not saying all the time-- but sometimes marie can be critical of me? frank! i told you not to do this. ray, look at me. no. look at me. no. look at me! no! debra, now we have in the past, we've had our share of tiffs. but i truly believe it's because you misunderstand me. i--iof artificialested in apleasantries and phony smiles. you never ever have to pretend with me. i'm always honest with you, aren't i? and if i see something that you desperately need help with-- like...cooking... cleaning... the children... your hair... i care so much that i have to say something. 'cause i want to help. oh, honey, you don't have to be worried, dear. i forgive you for today. and i'm always here to help. voila. high fructose corn syrup from yoplait original and light, we were like, "sure. no problem!" and you were like, "thanks, but what aand whips!" and we were like, "done and done! now it's out of everything yoplait makes." and you were all, "yum!" and we're like, "is it just us, or has this been a really good conversation?" and you were like, "i would talk, but my mouth

robert's killing us. i can't take it anymore. what are you talking about? your brother. he's a jerk. no, he's not a jerk, frank.e's acts like it's so horrible having to stay here with us. it's not pony ride for us, either. he won't even do his exercises. he just sits around the house insulting us. this morning, he told me that my pancakes were...dry. and yesterday, he told me i smelled like a billy goat. which wasn't true yesterday. raymond, please talk to him. what? no, no. no way. come on. he's your brother. he's your son! you're gonna throw that in my face? raymond, we don't know what else to do. look, he's probably just going stir crazy here, huh? i have an idea-- why don't you guys move? why would you say that? hmm... i'll talk to him. i don't understand why you would want us to-- i'm talking to him! hey. what, are you stretching? no. i dropped a fruit loop under the couch. ahh... so, mom and dad starting to get to you? starting to get to me? they've burrowed into my head, and they sit on my brain, poking the backs of my eyes. yeah, they'll do that. maybe you should cut 'em some slack. what? yeah, 'cause t

roberts and his very frank answers to all your questions and also with his initial remarks. thank you very much. >> thank you. [applause] >> here's what's ahead today on c-span2. next, a discussion on race in america. then remarks from energy secretary ernest moniz. immigration town hall meeting with democratic congressman louis gutierrez. we'll be live at 3:15:00 p.m. eastern with another program related to the 50th anniversary of the march on washington. an event looking at youth mentoring. that starts 3:15:00 p.m. eastern on our companion network, c-span. later today another "washington journal"'s spotlight on magazines series. a former u.s. senator, jim webb, recently joined us to talk about an article he wrote about his time in government. you can watch that at 7:10:00 p.m. eastern here on c-span 2. booktv is live today as well. author rebecca seib will talk about her book, every day is election day. it focuses on women in politics. you can watch that starting 7:00 p.m. eastern at booktv.org. >>> defense secretary chuck hagel says the u.s. military stand ready to strike

. >> started now on booktv, robert kaiser across the struggle to pass the dodd-frank bill after the 2008 collapsed. tran-five covers a legislative process for "the washington post" and talks about the major players who passed the legislation and discusses what he learned about the workings of the u.s. congress. this is about an hour and 40 minutes. >> i think we will get going. i would like to welcome everyone here today. i am a senior fellow here at the brookings institute. we are here to celebrate a great author and a great book and an extraordinary piece of legislation. it is maybe one of the most unusual event in washington today. there are two things that people always talk about. one is the decline of the legislature and this book is actually about a successful attempt to legislate a very important and complicated piece of legislation and the other thing we hear a lot about is the decline of journalism. they don't spend enough time on substance. well, this book does all of those things and i want to note that the book is on sale outside. one of the most important things is to expla

roberts. ♪ luck be a lady tonight >> reporter: frank sinatra said it best.o get lady luck on our side. blow out all the candles. pick up a penny, heads up only, please. shower the bride with rice. and, of course, we all want to be lucky in love. but when it comes to luck at the card table, david hayes has it, hands down. by day, he's a jewelry maker in columbus, ohio, earning a modest salary. by night -- he's fortune's favorite son. his game? blackjack. his winning percentage, freakishly good. you not only win, but you seem to win big. >> i do. >> reporter: so, this is not $100, 200 gz. >> no, we're taking five, six figures, generally, when i play. >> reporter: wow. >> yep. >> reporter: with his golden guts, david defies all the stats and frustrating for casinos, he never cheats or counts cards. so, just pure luck? >> it's just pure luck. 5, 15, too much. >> reporter: there you go. so, naturally, we wanted to see this guy's luck with our own eyes. >> i win. >> reporter: so, we brought him to new york for a friendly test at the card table. >> 19. >> nice. >>

frank. >> caller: have you read a wonderful em by robert hayden? a bunch of sundays?it fit well what you're saying about your father. and it's a short, wonderful poem. it begins that -- [inaudible] and put his clothes on in the blue black cold. and from then -- [inaudible] weekday weather made bank fires blaze. then he says in the poem that when the rooms are warm, you recall me. i would get up -- [inaudible] driven out the cold and feeling the -- [inaudible] but then he says later on -- [inaudible] what did i know? what did i know of love's austere and lonely offices? finish so -- so the point is, you make the point so well in your talk that your father did love you. but you didn't know that, what that love austere and lonely offices. my father and i never got along together. he lived to be 104 years old, but we never got along together. but i love what you said. and i'm glad you wrote it. republican or whatever you are. [laughter] >> guest: well, thank you very much, and you're absolutely right about the old man getting up and going to work every day, not liking it,

robert? >> the philadelphia enquirer has a great story on the overall school strike. a must-read for any parent or teacher out there. >> jimmy? >> frank york times" saying there's another bush out there that people keep foregetting about. his name is, governor bush of florida. jeb bush. he might run for president in 2016. >> come on. i haven't forgotten about that guy. neither have any of you. thank you all so much. >>> that's a wrap of this sunday edition of "weekends with alex witt." up next, "meet the press." so i'm checking out the jetta. 34 hwy mpg. check. no-charge scheduled maintenance. check. and here's the kicker... 0% apr for 60 months. and who got it? this guy. and who got it? this guy. and who got it? this guy. that's right... [ male announcer ] it's the car you won't stop talking about. ever. hurry in to the volkswagen best. thing. ever. event. and get 0% apr for 60 months, now until september 3rd. that's the power of german engineering. >>> our issues and peo >>> our issues and people this sunday, the breaking news this morning. days of rage. deadly clashes in egypt and president obama's response. >> our traditional coop

frank implemented but doesn't seem like their philosophies are different from each other. >> great point. larry summers led for some massive, deregulation, it was done with republicans and robertreasury secretary. assistant treasury secretary. and took ruben's job when he left and went to citigroup. the people in the clinton administration led to deregulation, that obama right now is reimplementing. we should point out this. the fed is now a regulator. so larry summers will implement some of the reforms, quote, unquote, regulations that obama put in that were overriding his deregulation. it is odd but you know listen. he's a smart guy. larry summers is one of the smartest guys when it comes to economics. >> president of harvard university. >> wall street establishment is pushing him. the other big story the wall street establishment is still pretty powerful. so matter how much they call him fat cats they put him on the top of the list. betting early on was janet yellen would get the nod. no one has it yet. i could hear it is summers to screw up. maybe they find a comment about women not knowing how to do open market operations as well as men. that is possibility with larry sum