number two, they get off scot-free on these transactions.is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for those that are in the fast lane. >> almost all the trading done today is done with computers that spot prices, changes in the market and execute trades. 2.9 billion trades a day just on the new york stock exchange. there were 40 million a day roughly 30 years ago. >> what would we do with $352 billion over ten years? >> well, let's see, if you're worried about the deficit, you know, the republicans keep worrying about that. it would help bring it down. it would help us finance, as you pointed out, the affordable care act. there are a lot of things we could do with it that would benefit society in the ways that the high-speed trades do not. >> a study by the cftc shows the average aggressive high-speed tr

he is with the mid-atlantic scots for tots. the games portions for the kids this weekend. this is some of the traditional, you know, i guess implements for the games. we're not going to use that for safety reasons? >> no. >> reporter: gives us an idea what they use. tell me a little bit first off about mid-atlantic scots for tots. it's a pretty good organization that you work with and military families as well. >> we work with, we incorporated into 2010. about 40 people on our books. we're all volunteers. one of the things we've picked up that we're good at is putting on the children's athletics. showing them how to toss the caver, stone, or the equivalent of what you see here. kid friendly. >> reporter: much more safe than what we have for the kids to be throwing around. with us to talk a little bit more about the games that are going on, are two participants of the virginia scottish games. they are big competitors. brian and heather here to tell us more about these different games that will be going on this weekend. these are

scots valley, especially on the ocean facing side on highway 17 as you head over there. that's where we're seeing the heavier rain right now in the middle of the santa clara valley from los gatos, the downtown san jose. thing have quieted down for now around san francisco and the tri-valley. north of 580, things have quieted. we'll continue to see periods of briefly heavy rain as the system continues to spin slowly to the south. coming up, we'll let you know how much this limb pact the rest sunday plans coming up in the rest of the weekend forecast. >> all right. thanks. >>> a state lawmaker from san francisco pushing for stricter gun control laws in california says he is now the target of racist and threatening messages. he said the reason for the threats is that he wants to close a loophole in california's ban on assault weapons. tonight he is live with our story. good evening, monty. >> reporter: good evening. the senator has received threats like this before. he said the messages have become more extreme and disturbing in recent weeks. in the wake of the massacre at

the assumption and seldom ever asked him so what happened is that people's perception of who got a scot in that way. so by the time they figured it all out he did not have a bleeding ulcer and they then said ok we need to ask you some of the questions you know have you ever done drugs and those type of questions and then he said yes several years ago when i was in the service and they tested him and he came back with full blown aids. so even while my husband was dying in the hospital you know i made up my. like many of us that you know i made up stories of what he had i been one telling the truth. because of discrimination because of fear because of that i don't want to people to be afraid of me he die on january first new year's day of course it all made sense then what was wrong with the baby and then she died. on in june of that year. i tested myself and my two other children thank god they were healthy and they did not have to biarritz but idea when i was diagnosed i was very sick i was ab pounds i had no t. cells and i was extremely ill so i was diagnosed with aids diagnosis not an

no it would be better bedwetting really doesn't have any policy tool our word is the scots think we are with the policy makers i only want this method i don't want loads policy no more policy i don't want policy i just want markets get some markets and here we are our approaches are our approaches i'm going to go so i thank you so much for watching be sure to come back tomorrow until then have a great night. the news today is once again flared up. these are the images the world has been seeing from the streets of canada. showing corporations rule the day. the government no longer represents the. people or going to take the term. traditional. the way our economic system currently.

knew that no matter who they harmed or injured they were scot free it might influence the jury about how they did business but we've heard sense then that somewhere around a group of a dozen of these type of devotees have been issued over the years right we had to the touched upon earlier past actions of k.b.r. and if you look at that looks like their main motivation is profit at it and the health and well being of those it seems like a head of a secondary motivation this isn't the first time they've come under scrutiny so why would the government continue to do business with the election so that's that's a government decision i mean obviously they they're certainly good work done by folks for k.b.r. on the ground in different areas we know that what they did a car mentally was exactly the opposite we also know that at least in what happened in carmel valley they were very much focused on the war which was primarily geared towards getting it done fast and i think the evidence showed that that led to some bad decisions. right and what is the likelihood that now k.b.r. they're trying t

single word no it would be better bedwetting really doesn't have any policy tool in our world is the scots think. policymakers i only want there's nothing i don't want close on foreign policy no more policy i don't want policy i just want markets get some markets and here we are our prices are right our prices i'm going to go as i drive i thank you so much for watching be sure to come back tomorrow until then have a great night. technology innovations all the developments from around russia to the future covered. divine power in action activate the sacraments. i am just me because we are under the control of those governing us if i were at the service of a space mafia i found that on that day the magnetic fields of the sun will be folks and the adults will create to support the stuff. after the second coming is.

three consecutive australian open titles beating andy murray six seven seven six six three six two the scots took the first set on the tie break bought a jacket which leveled in similar fashion mari then received a magical time on the blisters and the all the want to control changing the next two sets to winning three hours and forty minutes and consolidate his place at the top of the rankings ahead of roger federer and murray. but also on a bumper sunday it got in it to get chabot was crowned snowboarding world champion for the second time after swiss rival patricia cool up fell in the final run in canada the russian took full advantage to win that parallel slalom event her first gold medal since her maiden success back in two thousand and seven it was also a time even to russia who are hoping to reduce their first olympic snowboarding champion at next year's home games in sochi. now russia's top basketball club says goal moscow hope to reach the final four of the euro league for the tenth time in eleven years ams to help them legendary coach authority messina is back in charge after spells

years going into the final day twenty three year old henry had shared the lead with fellow knew the scot langley on seventeen on the par but henley seize control from the office thinking a birdie at the first before finishing with an historic sixty three he's twenty four under par two hundred fifty six match the tournament record by four shots and was the second lowest score for a seventy two whole event p.g.a. tour history now moving on to basketball where tesco must go extended their yearly unbeaten run to eight games after triumphing ninety points to eighty three at home to german champions plus a basket in game three of the top sixteen while the reports. going into the match on a seven game unbeaten run a few might have doubted it is gone moscow would let their impressive euro league streak and in game three of the top sixteen especially as they've already beaten opponents broza baskets twice in the regular season but it was that type of complacency in the decision to missing key players like sonny weems which allowed the german champions to dominate large parts of the first and seco

you know start to win and it's a very big for this team messina guy to say scots have a final for each of his four seasons in charge and went on to win the competition twice oh i know vitali and might find things a little harder this time around say is garbage i'm up for consistency or take a very subtle playing off however the top is on the gun law of change is the last six months or so but if you had coached it or even seen ole miss i can hear you play god serious cowhand the big blow in the summer with underage carolyn cannot exceed shred departing to the minnesota timberwolves in the n.b.a. never less from oscar bay's crop of a time to quickly and having a strong season. a little or just a great. great coach in this whole bunch a great team that you know they made just a pretty easy pretty great age so i don't think it's just the bell messina success of his first stint as a serious guy head coach is built on defense this season a muscovites have been trying to watch but the big seeding playing to a point as well and that was evident as payslips of a second defeat of the euro league

his political reporting right while some scots you're in for freedom of the u.k. . exit from a limp. union for the pandemic unemployment. crisis failed to dampen cypresses goodbye party in brussels with lawmakers praising it for exemplary leadership of the. i don't moderate islamist court coup and protests that have ended their third day coming up here on the program we report on what the government sees as a conspiracy between the people. to depose. for now though the un's atomic agency experts are back in iran for the second time in a little more than one month tehran hopes this visit will bring clear progress but stresses a deal is only possible if its rights for peaceful nuclear energy are respected by the worst fears iran is seeking atomic weapons and keeps piling sanctions on the country but as. they often have the opposite effect to exactly what. the u.s. may be certain sanctions against iran are not targeted at the general public but there was barely a single person from the population of around seventy five million who hasn't been . used to buy tomatoes and

he knows how to win and that's a very big for this team messina guy to say scots have a final for each of his four seasons in charge and went on to win the competition twice oh i know vitali and might find things a little harder this time around say is garbage i'm up for consistency of take a very settled playing roster however the top has undergone lot of changes the last six months or so but if you had coached it or even seen almost a completely new playing spot since cowhand the big blow in the summer we found it carolyn and i would say shred departing to the minnesota timberwolves in the n.b.a. nevertheless from moscow based crop of a time to quickly and having a strong season. yes and great. well great coaching this whole bunch a great team it although you know they made the adjustment pretty easy pretty great so don't think it's just the messina success of his first into serious kind of head coach is built on defense this season a muscovites have been trying to watch but the big seeding playing to a point as well and that was evident as payslip to the second defeats of the euro l

scots valley still looking at 72. santa cruz 70. gilroy 6. for example, the 70 in santa cruz not quite going to be the warmest day ever in january. that was 83 degrees back on january 18th of 1920. however, nearly 10 degrees above our averages the next two days. we also want to bring your attention to this strong line of thunderstorms that is now approaching louisiana. it has dropped a few tornadoes back off to the west of this line of storms. eventually, this is going to make it to new orleans, as we head throughout early tomorrow morning with some severe weather components. the risk of tornadoes in new orleans is very slight. however, folks down here in new orleans will have to watch out for lightning, thunder, and also winds that could top 40 miles per hour. with the zone some of the strongest weather from 4:00 a.m. to 10:00 a.m. tomorrow morning. if you have a flight heading that way, you definitely do want to expect potential delays. back here at home, upper 30s and low 40s for the north and east bay. san jose 42 and los gatos also with

scots valley at 72. los gatos 69. half moon bay also at 66.t's really the santa cruz mountains that will have the core of some of the stronger offshore winds that will help things to warm up. otherwise, if you're headed to new orleans early for the super bowl, you do want to watch out. a risk of severe weather here for tuesday. scattered thunderstorms tuesday night, also into wednesday morning. highest risk of tornadoes will be central arkansas, also northern louisiana. but again, here for new orleans we're looking at the chance of thunderstorms in the forecast if you're headed that way. otherwise, temperatures in the mid to low 30s and for tomorrow we'll expect daytime highs in the low 60s. 61 in santa rosa. 59 in san jose. also 58 in livermore. on the two-day forecast, stays dry tuesday, wednesday and thursday. plenty of sunshine coming back into the mix with temperatures in the low to mid-60s. next monday, we'll look at a chance of showers back in the forecast. not a big storm system. but all in all, again here, it's going to be dry as we h

stuff behind closed doors but i don't think that's going to last much longer and say well let's go scot bill thanks for joining me and my pleasure thank you. crazy alert if you like some fresh ground dirt on that note at this pas one of the top french restaurants in tokyo has been known for its use of high quality local seafood and vegetables but now the restaurant is raising eyebrows because of its newest choice ingredient jerked that's right chefs at the top notch restaurant have created an entire menu of dishes that feature good all straight out of the ground dirt for starters you can have potato starch and dirt soup and as you can see it looks pretty dirty next up you can shout it out on a salad with dirt dressing and it's time to turn your attention to an irresistible dirt or so ago you saw ted seabass finally finishing off the night cleansing the palate with a light and refreshing scoop of dirt ice cream paired with a dirty mint tea and while the food may be dirty it definitely isn't cheap the entire dinner that i just described cost around one hundred ten out as many people may b

. >> i am scott simpson -- scot thompson. -- scott thomponson. >> it feels great out here. does a very light jacket is all you need. the humidity is very high. you could really feel the moisture lingering. some of the outlying areas may have patchy fog to deal with this morning so be aware of that. look at the temperatures across the region. most of us in the '50s with a couple of 60's out there. way above the average high already, which is 44 degrees. some clouds and sunshine, a little bit of both throughout the day today. we will pop out at about 69 degrees this afternoon. a few showers will be possible but the big cold front comes through late this evening. that is when we willderstorms. a few could be strong. more details and timing on that coming up in a few minutes. >> we want to get right back to our big story, and that is an absolute mess on the beltway. a rough situation out there with a fire engine accident. >> we are expecting this will slow down a lot of people. we want to go live with brianne carter for the latest. >> the good news is we have more lanes of traf

going off scot the story. well the investigators have been looking into the murder of the deputy of the ukrainian parliament which happened in one thousand nine hundred eighty six and last year his son passed certain documents to them which point. his connection to the murder and no ukrainian prosecutors have announced that the investigation is over and she is suspected of being among those who organized the murder and also allegedly paid over two million dollars for it now ukrainian authorities also say that the ukrainian former prime minister yulia tymoshenko has already been officially nor she's now a suspect and if found guilty she could be facing up to wife behind bars in october two thousand and eleven units of much younger was sentenced to seven years behind bars for the excess of power when she was the prime minister and struck a deal with russia's energy giant gazprom in two thousand and nine we also know that you did to my friend has been experiencing problems with the health exactly with her back an

now periodical's coming from great britain like the gentleman's scots magaziner monthly periodicals and you intend to see maps and some illustrations in their but not in newspapers. you would think that after this addition that other colonial newspapers would see this and perhaps take similar processes for developing similar types of illustrations. we don't. my guess is that logistic week time was not on their side and they couldn't do this repeatedly so this is the only known illustration to depict a current event in a newspaper during the entire revolutionary war. this is also the age of enlightenment, so we have journalism as entertainment and its education. on the left is the new jersey gazette from 1778 where the right to columns are dedicated to the reestablireestabli shment of the continental army. it details the infantry, the artillery and the calvary and on the left the column dedicates mathematical theory. on the right is the freeman's journal printed in philadelphia, where the entire front page is dedicated to news of the surrender of cornwallis in poetry. advertising is also

people in trouble and not a particularly happy view of people with money that they feel have gotten off scot-free. i think that's a generalization. >> well, indeed. it's actually one percent that doesn't represent the majority of the country. if you ask 99 mnt of the peop% they're not going to say yeah, i really hate that. i really feel sorry for those very rich people. who are going to have to pay a little bit more out of their pocket. but the fight goes on politically in washington, of course, in terms of taxes and budget and everything else. the assault on the welfare state continues. the right wing may give up on gay marriage and things like that, but they're not going to give up on tearing medicare and social security apart and privatizing them. >> i think there's a lot of americans who would like to get rid of all of the welfare programs we have. >> and the whole notion that comes from the right of big government, and there are times when you have a president, like obama, who makes the argument that we need government to come together and invest in innovation, and health care and the public

scot mcfarland tells us, the vote was close. >> the margin of victory was narrow but john boehner is speaker of the house. >> reporter: yes, he got the standing ovation and yes, he teared up again during his victory speech. >> if you have come here to carry the leadership demanded by the times then you have come to the right place. [ cheers and applause ] >> reporter: there was going to be a gang of republicans protesting john boehner. >> reporter: about a dozen voting for other candidate. nancy pelosi again the minority leader. >> the strength upheaver democracy will be advanced by bold action. >> reporter: in 2011, 2 dozen democrats bailed on nancy pelosi, voting someone else to be speaker. this time just a handful. including a georgia democrat. >> there are lot of places in the country where the agenda is outside the main stream. you got people who need to campaign as moderates and they need to go to washington and keep distance between them and the leadership. >> reporter: but only a few. nancy pelosi had kind words for john boehner saying he is a leader who earned the confidence

at a late night meeting in a bronx cemetery, the kidnappers did collect the ransom and did get away scot-freen, lindbergh's emissary handed over the $50,000 in a wooden box in exchange for a note telling lindbergh where he could find his baby. but it was all a ruse. two weeks later, a truck driver walking in the woods stumbled upon charlie's decomposing body not five miles from his hopewell home. and from the state of the corpse, it appeared he died the very night of the kidnapping. an entire nation mourned charlie's death as if this child was their very own. fass: there is a loss of innocence that takes place as a result of this case. the kidnapping, the death, all of it makes americans confront the fact that they have witnessed something truly awful here. narrator: the baby had a fractured skull. and when police found cracks in the ladder, they theorized the breaking ladder startled the kidnapper, who dropped the baby by accident. but john douglas disagrees with this scenario. and so does this man. he's former north carolina chief medical examiner john butts, an expert on suspicious child d

san lorenzo valley middle school in fell ton and scots valley middle school. two others got model school. one is in castro valley and edna hill in brentwood. >>> today's storm brought a fresh cover of snow to the sierra. we had most of our rain yesterday. but look at video from highway 50. a common artery to lake tahoe. the road requires chains except for four-wheel drive vehicles. it brought three inches to the nearby resorts. the chp advises to take extreme caution when driving in winter conditions and warning everyone to slow down. for the latest on our weather and what is to come in the week ahead, let's get to leigh glaser. hi, leigh. >> and all of the wet weather has moved into southern california. we are seeing dry conditions right now. a few flurries lingering in the sierra. live doppler 7hd, and we are sweeping live right now and not picking up any returns at all. i will tell you what you will notice is the sky is clearing, and that is definitely going to translate to colder temperatures out there. already 36 in napa. 37 in santa rosa. san francisco r

san lorenzo valley middle school in fell ton and scots valley middle school. two others got model school. one is in castro valley and edna hill in brentwood. >>> today's storm brought a fresh cover of snow to the sierra. we had most of our rain yesterday. but look at video from highway 50. a common artery to lake tahoe. the road requires chains except for four-wheel drive vehicles. it brought three inches to the nearby resorts. the chp advises to take extreme caution when driving in winter conditions and warning everyone to slow down. for the latest on our weather and what is to come in the week ahead, let's get to leigh glaser. hi, leigh. >> and all of the wet weather has moved into southern california. we are seeing dry conditions right now. a few flurries lingering in the sierra. 7hdlive doppler 7hde sweeping live right now and not picking up any returns at all. i will tell you what you will notice is the sky is clearing, and that is definitely going to translate to colder temperatures out there. already 36 in napa. 37 in santa rosa. san francisco right now

$2,000 if the deal didn't go through but this doesn't exactly mean we're all going to be walking away scot-free. for the past two years, our paychecks have enjoyed a payroll tax holiday. well, my friends, that vacation is over and raising the tax to help fund social security will cost you slowly but surely. some examples for you, if you make $50,000 a year, that's an take $1,000 out of your take yoam. that's about 20 bucks a week -- take home. that's about 20 bucks a week. if you are in the cap -- earn the cap $113,700 you'll see $2300 less. that's about $200 a month. there's plenty of uncertainty that could hurt your investments. lawmakers have a number of money problems to work out and the fighting, it could royal the markets over and over again. tom seneca manages people's money and warns about keeping fights at bay. >> we tell clients that emotions can be hazardous to your wealth. a knee-jerk reaction could take a bad situation and make it even worse. >> wall street hates uncertainty and while stocks look like they could pop today and it could be a good year for wall street and the economy,

the media tends to ignore the things going on in washington, namely, the middle class is getting off scot-freex hikes when now they know otherwise. what do you think of that? >> right. the white house sent an e-mail yesterday to reporters saying, thank you for helping us not getting taxes raised on the middle class through our my 2k program. a twitter hash tag they used for people to say what they would do with $2,000. the media blew it up, said middle class families are going pay $2,000 more if we go over the fiscal cliff and don't get a deal, and here we are after the fiscal cliff, 77% of households are seeing an increase in taxes of an average of $1,600, and the media is nowhere to be found. >> neil: now, many in the media, including us -- not just us -- said that, look, the payroll tax cut is going away and you'll pay more but they weren't joined at the help. they said the big tax story is that the rich are going to pay more, some of them a lot more, but you were left out of this, when in fact by taking away the payroll tax cut everybody is going to be feeling something. >> the media -- no

i think the best thing for the boy scot scouts to do is to just do it once and do it the right way. > radio program yesterday, a guy who identified himself as being gay and says he has two sons in scouting, which raised an interesting question of what applicability does this have to parents, hopefully none. but it brought out the issue of at 8 years old, do they really know their direction? how could this possibly be enforced if it has a sexual con notation? >> i think the enforcement that's taking place is self destructive. they're teaching young kids, whether they're gay or not that gay is immoral and that it's harmful. >> hey, pete williams, correct me if i'm wrong, but wasn't this a subject of agreement? weren't president obama and governor romney both on the same page that scouting should be open to all? >> yes, they both were. they both said so during the campaign that they thought that scouting should change the view. and i think, michael, what i've seen in the last couple of days in response to the reports about what the scouts are going to do is, you know, a feeling all over

and they're getting off scot-free? >> completely. i was a prosecutor.ny prosecutor -- my prosecutor that looked at these facts would say could we make a case? absolutely. we at least begin with wiretaps. we would have special grand juries. we do would do all the things that a prosecution effort looks like. and you know what? why is it we can go after rico, we can rico a mobster group and we wiretap them and have special grand juries and do witness interviews, but with these folks on wall street. >> yeah. >> we were unwilling to do that with billionaire wall streeters. >> well, i'll tell you who is paying for it. we're paying for it, the taxpayers. what they did to the economy put it into the tank and it was a big stimulus package that had to

i'm pretty sure governor scot did sign that into law.he thought it was just fine two days after the election. >> well, the right thing happened. so we did the right thing? what we're doing is the right thing. the right thing happened. so we did the right thing? >> the governor did not do the right thing. and the changes he wants now are too little, too late. scott says we should allow supervisors of elections the flexibility to offer anywhere between 8 and 14 days of early voting. flexibility to offer as little as eight days of early voting? which is what that republican law says now anyway. flexibility to determine whether they want more or less voting, depending on the distriblgt. florida needs real changes. and they should be statewide. did governor scott think we'd forget? well, governor, we don't forget. nice try. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! it's eb. want to

. >> cot scot, thanks very much. this "power lunch" hour fully dedicated to you and your money. we ask, is this the right time to get into the market as we approach record highs. well, he we will take you through the market sector by sector. you have choices from airlines to housing to autos, to technology. well arm you with information. meantime, a warning from this fellow. he is the author of the black swan and he always has a bit after cautionary tale to tell. and we can't wait to hear what he has to say as he jumps with both feet into the fray whether it's time or too late. first, though, sue, let's get the market action down at the new york stock exchange. >> thanks. we are lower on the dow jones industrial average. we should note the nasdaq stayed positive. we are on averages still within striking distance. one or two days gains away from all-time highs. take a look at the stats right now. dow jones industrial average down about 11 point. just above 13884 level. it is up 37% in three years. and it is at a high that we have not seen since november of 2007. s&p, up 5% year t