here's the thing, matt shapiro.e just heard the bear, teeke say he weighs waiting for 10% then he's going in. even the bears are starting to lose faith in their bearishness. >> you got to buy something. >> you have to look at the facts. you have to really invest. take a look. one thing he might like even as a bear is making money in the car market recovery. one thing i've been buying a lot of gm bonds i bought 10 cents on the dollar, now about 15 a big position for my clients. i think they will go higher, just came out in a regulatory filing tonight they will issue new shares in about a year, i'm putting things away and i think it will do great. >> let's talk with j.c. he pent me something in march saying, you watch, the s&p might be at 660, it's going down even farther. so far it happened j.t. >> that wasn't the memo, dennis. it had to do with unemployment. i will take michael pinto's side most of this, peel back the layers of the onion, unemployment went up last month. i don't care what the headlines say, u 5 went

shapiro how important high frequency trade sg for the sec? >> i think they go to this whole issue -- concern about whether we're developing a two-tiered market where some people have access to more information than others do. and that's a concern obviously. so with respect to flash orders we're looking at whether they should be continued to be permitted. on high frequency trading, dark pools, some of the other issues related, we'll take a thoughtful approach and try to surface all of issues, particularly the ones that go to fairness to investors from some of these strategies and decide what kind of rule making or other action might be appropriate for us to take. i would agree, they have caught people's imaginations very quickly. >> they have. senator charles schumer yesterday went so far as to say that a been by you of a flash trading was imminent. you haven't done it yet, did you have a conversation with the senator where you indicated you're moving in that direction? should we expect a ban? >> i have talked to the senator but i've also talk

new york senator chuck schumer's office said that is shapiro informed schumer.ban that she said would occur as part of a larger look in high frequency trading. shapiro downplays in a statement saying she asked the staff for a plan to eliminate the inequities resulting and a proposal in the practice needs to be okay and made open for public comment. in exchange it gives traders a look at buy and sell orders before they hit the tape using fast computers so traders can make a tidy profit. they allege this puts less sophisticated investors and contributes to volatility in the market. they looked at flash orders earlier this year as part of a probe into dark pools, block trades made by investors. the trades can't be followed by the investing public. back to you. >> thank you very much, mary thompson. fdic's chief sheila was there and hampton was there. >> the hearing wrapped up a short while ago and top regulateors testifying before the senate banking committee. nobody came with transcripts, but they say the reported geithner rant on friday was a condit conversation

. >> one of the things to watch and traders will be watching along with matt shapiro over the options exchange will be cisco systems. after a pretty decent number after the close on wednesday, certainly momentum for technology and the broad market continues to look for higher prices, doesn't it matt? >> it really does, tom. i think one of the major factors is the overall very barest sentiment amongst really professional traders, upstairs money managers and sort of your pro short etf crowd. i think it's setting up continued momentum higher and almost the mother of all short squeezes, if we blast through, you know, 1025 on the spx. >> do you think we can get up there. that's another 25 points from where we're at. but boy, we could see that in a couple of sessions. >> sliewlgt. you know, banks and receipts were very strong yesterday and we have quite decent and solid cisco earnings. one of the big trades has been that volatility has been very high, so i think the short players have been purchasing options to protect themselves against the market really going higher and they're starting t

senator says this will be band but shapiro says not so fast, senator schumer. >> if you know anything about proposal, the commission has to approve a proposal and put out for public comment three to six months. doesn't happen overnight, not like they snap share fingers. >> will they actually study it. >> in her statement she asked her staff to look at flash trade, part of a broader investigation into high frequency trading and looking at those dark ones as well. >> wee appreciate it. >> now, to our ace traders, get speedy high traders. we have cnbc analyst ferry and jim. and contributor and director at tjm institution services. what's your take on fast trading? is this corrupting the new bull market or what? . >> no, it's not. it's mostly a non-story and have to decide whether it adds or taking liquidity away. to be determined. if mary shapiro's group will look at it over time, hopefully come up with the right answer over time. i don't think much of it. >> people tend to blame this and everything else in life on goldman sachs and they issued a release today, no, we didn't do it. what'

and jim shapiro. let's go with jim.hat are you looking numbers-wise tomorrow versus reaction to it? >> i think the jobs number will improvement. tomorrow and can see a stable unemployment rate or possib possibleably surprise and modest slight decline. >> slight decline, that would be big news. >> matt shapiro, what have you got? >> the point is very good because the bombed out financial sectors are really recovering, even though the bears tried to press the market down, s&p came back and financials strong, especially ge. in the pitt, they were buying any scenario option, tomorrow will be a big story what happens. >> peter, you have not issued a formal forecast for jobs number tomorrow but give us a guess tonight. >> using the number down to 370. it's rare it deviates more than 100,000, tomorrow's numbers between 300 and 400, with the unemployment rate taking a tenth to .2. >> you're thinking 300 to 400,000. >> 300 to 400,000. >> if it gets near 400,000, the market could tank. see something president obama said late toda

greta: right in the heart of the i'm robert shapiro. over a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. protect your family, ♪ launch your dreams. change it up a bit... and you're sure to get a reaction. [ motorcycle engine growl ] ♪ don't let erectile dysfunction slow things down. ♪ viva viagra! viagra, america's most prescribed ed treatment, can help you enjoy a more satisfying sexual experience. to learn more, cruise on over to viagra.com. ask your doctor if your heart is healthy enough for sex. don't take viagra if you take nitrates for chest pain... as it may cause an unsafe drop in blood pressure. side effects may include headache, flushing, upset stomach, and

greta: adam shapiro, thank you. up next, the best of the rest. actress jessica biel is the most dangerous actress in the world. why is that, the most dangerous? you will find out. and there is a guy in a hotel that takes fly the friendly skies to a whole new level. coming up. [ female announcer ] the deeper you clean, the cleaner you feel. olay deep cleansers go beyond what the eye can see. they remove 2 times more dirt and make-up than basic cleansing. for a deep clean feeling, deep cleansers from olay. greta: you have seen our top stories, but here is the best of the rest. there is a show happening in new york city, and is very much happening out in the open. some people have allegedly been showing off, showing a lot of themselves, and the hotel has large for a to ceiling windows facing the park, and they are seen in front of the windows, getting frisky with each other, and it has become a tourist attraction. according to "the new york daily news" the hotel is cracking down on the problem. yes, we report, you decide, and speaking of naked, a ma

i'm robert shapiro. over a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. shepard: fox urgent now. just getting word into fox news that police in australia have launched major raids plotting a group planning to carry out terror attacks. authorities say four people have been arrested so far in melbourne after hundreds of police officers executed 19 search warrants. investigators say the suspects have ties to al qaeda linked terrorist group in somalia. keep in mind the u.s. has been investigating a group of somali americans who are believed to have trained with this same group. been described as the most significant domestic terror invest

matt shapiro? >> i think we're running the clock out on the recession. i like this talk of s&p 1,000. the big talk on the floor was one money manager buying 20,000 calls on s&p 500. he $2033 million to control $2 billion worth of the future. >> he bought condos in florida in 2006. trading 17 times all 2009 earnings, don't you think that's very rich for an economy so laden in debt as we are today. >> bob, what do you think? >> what this trader is expecting once we break the 1,000 barrier like the first guest said expectations are we could go rapidly higher and people will be very surprised. >> i would not argue it's not a tra trader's market at this point. go back to some fundamentals. the trends are improving, not just earnings. you look at this quarter's earnings relative to the peak in june 2007. >> down 24%. >> down 34%. >> dennis kneale. >> do you think our future -- do you think america is incapable of working our way out of these problems. >> unless we have fiscal and monetary discipline, we will have another depression. >> do you think we will get

ari shapiro, national public radio.thank you. >> good to talk to you. >> ifill: finally tonight, as u.s. health officials begin to firm up plans for handling another outbreak of h1-n1 flu, special correspondent fred de sam lazaro looks at a different flu battle, in this global health unit report from cambodia. >> reporter: on the street outside the most prominent buddhist temple, the bird business is brisk. it's an age-old ritual in many parts of southeast asia, based on the belief that freeing a caged bird brings under to it one's soul. but in recent years these wild birds have come to symbolize something very different to public health workers. potential carriers of h1n1, the avian flu -- h 5 n 1, the avian flu virus. >> they are interested in knowing about the health of the wildlife and how does it affect their health as well. >> reporter: presill la is with the wildlife conservation society, it regularly tests samples of wild birds across east asia for any signs of flu. >> a big concern here in this area is the very

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> a healthy second quarter for cvs/caremark. the drugstore chain turned in a 15% increase in profits. shares of cvs now trading at its highest levels of the year, $34.03 a share. joining us for a first interview is thomas ryan, president and ceo of cvs/caremark. good to see you again, mr. ryan. >> good to see you. >> you've got two different businesses, the retail part and the pharmacy benefits part. start first with the retail. what can you tell us about the state of the consumer, the understanding of the kind of products you sell should be a little less sensitive to the recession. >> right. well, 70% of our business on the retail side is in the pharmacy and in prescription side of the business. so that's holding up as i said, people were splitting prescriptions and stretching it but now actually taking their medication and we're doing a lot of work to make sure they stay

i'm robert shapiro. over a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. light. back to "cavuto on business." only on the fox news channel. i'm jamie colby. neil: is it any wonder why taxpayers are angry? >> the majority is against this plan. >> i want the insurance i have because i picked it. >> you have awakened a sleeping giant. >> you have set yourselves up on a level that you do not identify with your own constituents any more. neil: protesters turn up the heat so democrats are backing out of the town hall meetings saying they don't want to give these people a stage to perform. charles, that is pretty crazy. >> that is pretty craz

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> time now for the final call, the last word from the options pit. stacey, kick it off. >> heading into same-store sales next week i think the jcpenney options are offering attractive opportunities to protect long share gains for shareholders. >> keep it a merry christmas, look at the put three play, i put that on for protection. >> scott? >> i like the fact that stacey's jcpenney collar pays attention to the term structure so if i'm long jcpenney i'm going to put the trade on. >> mike? >> i'm also looking at jcpenney but look at the zero cost collar, a strategy anyone can apply at any stock when you want to hit the pause button. >> our time ex-period pip go to our website optionsaction@cnbc.com. i'm melissa lee. see you again next week.

robert shapiro: we created legalzoom to help people start their business and launch their dreams.to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> time now for "the final call" the last word from the options pit. stacey, kick it off. >> next week's exploration, know what you have and have a game  plan. two if your long hpq stock headed into earnings, i like  dan's color. >> i'm going to watch both side offed the trader's point volume and volatility. if the big three comes in, the market will bounce sideways for awhile. >> dan? >> i like that stacey likes my call and if you're lucky enough to own this stock in the last month, and you want to take a defensive positioning, be tactical and protect it into next week's earnings. >> mike? >> i'm going to follow something up with hewlett. you want to protect yourself to the downside here but if you want to also participate to the upside, you have some of the stock you might look to sell it now and use some of the products to buy that call he'd otherwise sell. >> looks like

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. you know why i sell tools? tools are uncomplicated? nothing complicated about a pair of 10 inch hose clamp pliers. you know what's complicated? shipping. shipping's complicated. not really. with priority mail flat rate boxes from the postal service shipping is easy. if it fits, it ships anywhere in the country for a low flat rate. that's not complicated. come on. how about...a handshake. alright. priority mail flat rate boxes only from the postal service. a simpler way to ship. meet jack. recently turned 65. glad he's now got medicare on his side. but jack knows that medicare part b cpders only... 80% of medical expenses. so, he got himself an aarp... medicare supplement insurance plan -- insured by unitedhealthcare insurance company. a medicare supplement plan... lets you to keep your own doctor, helps you budget medical costs, and it picks up some of that 20%, potentially

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care ofday and complete your will in minutes. at legalzoom.com we put the law on your side. go to legalzoom.com today and complete your will in minutes. sean: there is an industry growing at around the prophecy of the world ending in 2012. there are books, web sites, and movies. one of these prophecies was made by the mysterious and ancient mayan culture. for decades, other cities have been excavated, their language is studied, yet this civilization still mystifies. what lies behind the shroud of thousands of years of culture, architecture? >> they come out of nowhere a long time ago and then they suddenly have these incredible astronomical insights. sean: some say that there is a prediction that the world will come to an end in the year 2012. according to the executive editor of the upcoming book " apocalypse 2012" it all comes down to their calendars. >> it all comes down to the solar calendar. they used it to plant their crops. at the end of this,, sapiens go towards a catastrophic and. --

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. >>> tonight on the k"kudlow report." the new bull market hit another triple digit day. a positive streets report and the dollar recovered today, this is huge and does president obama really deserve credit for the new bull market and bull market strategies from two of the investment world's biggest titans, look at all the people waiting in the wings to give us advice how to work with this big bull. "the kudlow report" begins right now. good evening, everyone. i'm larry kudlow. welcome back to "the kudlow report" where we believe free market capitalism is the best path to prosperity, for my theme of the new bull market. we saw a triple digit dow gain today of 1% across the board including a weekly straight rise in the major indexes and financials had a tremendous showing, up over 10% for the week, over 30% for the month. folks, my theme, find a bank you hate and

i'm robert shapiro. over a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. >> this is our lovely sink where we shave and do our thing at wash up in the morning. this is our cabinet we had done for us. i am sitting on the toilet. this is our toilet. this is our kitchen and toilet area our spice rack is over here for our food. i do a lot of cooking. >> whether over crowding is a fact of prisons or southern california are in lock down today following a riot between black and latino inmates at the california institute for men up in chene yo. the 250 prison inmates were injured 55 of them serious enough to be hospitalized because of knife wou

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robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. new blackberry, huh ? yeah. ♪ me too how sick is the web browsing !? all the apps... gps... video. yeah... you didn't get your blackberry with the verizon network, did you ? no. sorry. so it doesn't work here, does it ? no. umm... but... paperweight mode. alright ! greta: you have seen our top stories, but here is the best of the rest. finally, the answer to the winter extra pound or two. we have the answer. it is causing a scene in france. it has been banned from a local swimming pool. it is known as a "burquini." one woman said it would allow her to date without showing too much of herself. she says she is a victim of discrimination -- would allow her to baithe without showing too much of herself. and lawmakers are trying to determine whether or not to ban the burqa in france. it was ruled today it was legal for governor palin to use her personal email account for business

the shapiro family had to schlepp water through the area. and there's a shaggy dog story. >> that got blown off to like over yonder. >> reporter: she's back now. she was just up the road. a neighbor found her. seems in adverse he tee you find out who your friends are all over iamsville. in frederick county, karen gray houston, fox 5 news. >> and another confirmed tornado roared through carroll county friday afternoon. check out the damage it did in finksburg. remember, you can stay ahead of the storms any time on myfoxdc.com, monitor live max hd radar and get your five-day forecast. we've posted them on our home page. >>> is and we are following breaking news this morning. an 18-year-old mystery finally solved. the armed forces institute of pathology has positively identified he remains found in iraq as those of captain scott speicher. captain speicher was shot down during operation desert storm in january 1981. u.s. marines found his body have after getting a tip from an iraqi citizen last week. >> new this morning several people gunned dow

i'm robert shapiro.over a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. neil: happy anniversary. six months ago today, president obama signed the stimulus bill. it is really happy anniversary for these people in new york. we told you how thousands lined up to provide $200 each. we're getting reports that some of them are spending in on things like cigarettes, beer, and flat screen tvs. how did this happen? there are quite a few who did just that. >> absolutely. essentially what the governor did with his hand out is to create a reckless spending spree throughout most of the state in our county where the $200 actually went into the accou

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care ofones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. shepard: less than 24 hours after a private funeral in boston, ted kennedy's body will be flown to andrews air force base, where a motorcade will deliver him to his final resting place in arlington national cemetery. once there, that motorcade will pause for a brief prayer before a private burial at arlington. joining his two brothers, among the more than 300,000 buried in the cemetery. how was the burial sites selected? >> two at the cemetery, beginning the planning on what would happen when he passed away. he wanted to be buried near his brothers and he will be. he will be buried at the base of the hill here at the cemetery. here arlington, he will be about 100 feet from rfk's great and about 200 feet from the grave of john f. kennedy. 31 girls today here on this rainy friday. senator kennedy will be buried on saturday, which is somewhat unique. this and to this.

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don shapiro in 1997, i was diagnosed with a thyroid condition that put me in the hospital in a coma. i need to thank all of the taxpayers for paying for four years of hospitalization for me, because i did not have a plan i could afford at the time. i spent a lot of time in the library studying computer systems and telecommunications, getting a job in an insurance company where i saw a lot of corruption in the purchasing of the equipment. when i reported that to my bosses, i was summarily fired. what i would like to know is, would you support provisions that will and that kind of corruption in the insurance companies to bring rates down, and stop making policyholders and investors pay for that kind of activity? >> what are you referring to specifically that the insurance company did or does the you don't like? >> i was in charge of writing up proposals, requests for proposals. my superiors wanted me to steal all those -- steer those proposals towards companies that they could get kickbacks from. when i reported it, they made life difficult for me. >> i am glad to hear about the early

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. sean: tonight on our "great american panel," he is a republican congressman from the great state of california even though they're bankrupt. john campbell is here. the former editorial page editor of the "washington times," tony blankley is here and nina easton is back. thank you all for being here. congressman welcome in from the broke state of california. >> if you want to see what the federal government is going to look like in two years just look at california now. they're doing the same things we did -- sean: or look at michigan. >> and california just kept spending, spending, spending and thinking somehow it would all take care of it self. it didn't and it won't here either. sean: they're calling them the blue dogs. i'm calling them the lap dogs because they've given in on everything, stimulus, ear marks, now on cap and trade and now health care. we've got carnahan, sp

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care ofo legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. jon: a 16-year-old camp counselor hailed as a hero. our lead story as we take a fox trip across america. new york. she does not even have a learner's permit, but she did not hesitate when the bus driver suddenly collapsed. >> i just got up, and i ran. >jon: the bus driver pronounced dead from a heart attack, and the people were pretty shook up, but nobody was hurt. california. the wind and lombard street and san francisco getting a makeover. -- the winding lombard strq9$(l+ çhas broke -- hasbro introduced the game to help kids dealing with polio. oklahoma, a heavyweight. they say these giant pumpkins do not just happen. he did some research on the internet and learned how to prune the vines. >> i got some humic acid and some fertilizer. jon: he is in competition with some other pumpkin growers. and that is a fox watch across america. >> fox across america is brought to you by verizon

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> natural gas, back. stocks are no longer silent but deadly investments. they're now explosive plays -- >> that was easy. >> -- that are soaring higher and hire. a and oil is still holding in there. even though today was pretty blah. now, for a great play on oil and natural gas with a monster dividend, you know i have favored linn energy, line for all of you home gamer. this is the stock that i speak most about this, that's most been bought. i feel good about that. the last time i talked about the stock was back on may 20th. it's now up 28%. big run. and now that linn reported its second quarter today, i want to know if this is still the one to own. i've always liked linn because it's an energy trust. one of the stocks that's almost -- that distributes almost all of its profits back to the shareholders in the form of a juicy dividend or distribution. the point is, it's a m

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. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care of ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. >> geraldo: welcome back live. just a head's up again, we will have a post beer summit debate but now i want to move on to the continuing investigation into the death of michael jackson, the king of pop. before we hear one of -- another of michael jackson's doctors accused essentially of being an accomplice to manslaughter this is another fox news alert. in a world explosive the british tabloid news of the world has obtained a picture of the bedroom where michael jackson died. it shows that jackson apparently spent the last hours of his life not in his own room but by that occupied in the room of the embattled dr. murray. what do you think about what joe jackson just said? did you hear it 12346789. >> i did hear it. interesting. so much speculation about whether he is going have access now to michael's kids and from the interview with you it seems like he definitel

last night somebody from the press office named nick shapiro. i don't know who he is. gretchen: is he in charge of new media. steve: never heard of him until just now. brian: brand new or just you. gretchen: yes. latest technology. steve: essentially the white house has passed the blame on to third parties third parties who may have accidentally gone ahead and put your name on the particular white house email list. brian: few days but went with a formal explanation. it gets kind of detailed. this is what i get from it if i was signed up for the white house plan and then i decided i want to be on the white house list. and then to spread the word with david axelrod asks, let's spread the word that there is a lot of falls cities out there about this plan and i forward my email list out to the whole country. a lot of people aren't barack obama supporters, then they will say why am i getting david axelrod's email. gretchen: i can understand how it happened. it's the politics underneath the whole thing couldn't imagine if other administrations had done. this had sent out mas

. >>> adam shapiro with the fox business network is joining us live now with our business beat today.hat the global recession is over. for them, the economy is going to be back on track. here at home, not cosure. >> why would they want to leave all this fun? can you imagine that. good morning. the japanese prime minister actually came out and said hooray, the recession is over. my economic policies have worked. however, what he is not actually pointing out to perhaps american view ares at least is that he is in a bitter re-election battle and he is trailing in the polls. so maybe japan hasn't really exited although they are saying the data indicates they left the recession party if you want to call it that in the second quarter. lets asee what happens after the election and if they continue to remain in expansion because they face the same kinds of risks we face, rien up employment and debt problems. japan says they are out of the recession, see you, fellows. have fun. >>> the market was down on friday just over 7 # points. stock futures are down today that. doesn't bode well for wher

people were shorting sears knowing that the chair woman shapiro is going after people who do naked shortings. i say good luck. you will be in the spin cycle at sears. i got a good deal on tires a few weeks ago versus costco. >> what are did you get? >> tires. i got tires and michelins for $400. $50 less than costco. >> i ask you to use your editor. i will not ask if that was tire. >> i got two and they threw in the car map and did it in 45 minutes. costco was a 2 1/2 hour wait. they were surly at costco and begging for my business at sears. >> you are looking good and i don't think you will need to buy the pants at kohl's. >> i wish them all the luck in the world. look out because they are shooting the camels. they say you and i don't understand. about shooting mammals from airplanes? this is the code of ethics i don't get? >> the pictures are horrific. >> we are allowed to kill them because it's a nuisance. we are not allowed to kill mosquitos in the country. i would like them to swap stuff to kill mosquitos, but they are living things. they are allowed to do whatever they want. got love th

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. some people like to pretend... a flood could never happen to them... and that their homeowners insurance... protects them. it doesn't. stop pretending. it can happen to you. protect your home with flood insurance. call the number on your screen... for your free brochure. >> larry: we're back. a couple of calls. dayton, ohio. >> caller: is this larry king? >> larry: yes, go ahead. >> caller: this is jack from dayton ohio. >> larry: what's the question? >> larry: i ha >> caller: i have a question that debbie rowe is not receiving any payment for not seeking custody of her children and it goes like this. debbie rowe is receiving substantial spousal support payments from michael jackson and now from his estate. under california law those should stop upon the death of the payee, michael jackson. apparently there's been an agreement where those payments will continue indefinitely.

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care ofyou love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. >> julie: the art at the top of the news. iran tv declaring in three americans have been taken prisoner. we have our ~accidentally crossed the border into iran while hiking. as you know the u.s. has not had diplomatic ties with iran since the 1979 islamic revolution. the state department has asked the swiss to represent its interests with the government in tehran. david pecker has more on the phone from iraq. i do it, iran statement media says three u.s. tourists were arrested in the north of the country near the border with kurdistan. the state department said they are aware of the situation. it is believed the tourists were staying at a hotel and were visiting a local waterfall. iran state tv said they crossed the border with kurdistan and were arrested by border guards after refusing to heed warnings. the kurdistan authorities have concerned the rest to less contacts

robert shapiro: we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. neil: forget high gas prices. it is a sugar high that could get you. warnings that supplies are dwindling fast and prices are rising even faster. you are going to get hit pretty much everywhere. in fact, you already are. >> every day here on the fox business network, we talk about global commodity prices. oil trading inversely with the dollar. even corn close association with the ethanol blend of a, but sugar grows on trees. almost. my nephew consumes the equivalent of a small countries import quota just over the holidays. we need to start getting concerned about a shortage in sugar. general mills, kraft, and hershey recently submitted a letter to the ever closer secretary urging immediate government action to end or reduce import tariffs restricting the amount of less expensive for and produce sugar available for purchase. u.s. food producers in a typical year might pay as

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robert shapiro: we created legalzoom to help people start their business and launch their dreams. legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. sean: and we continue now with our great, great american panel. the congressman from atlanta, one of the few democrats who actually did not run away from his constituents and said this about me and fox news. >> i watch fox news. i go on fox news every time they invite me. you have got juan williams on fox news. sean hannity. sean hannity started right here in atlanta. i was on his show. i have been on all of their shows. sean: he is invited back all of the time. that is one congressman who did not go into hiding because he was afraid of facing his constituents. >> to goç out and "g grass-roos citizens, stay at home moms, senior citizens, who are concerned about $500 and unspecified medicare cuts and losing their health insurance, and they were called un-american and evil -- to go and take concerned citizens. they have paid the ultimate price and board the ultimate freedom that we

mary shapiro is the head of the s.e.c., coming in right at the crux of a very difficult time, the financialdustry. janet napolitano overseeing homeland security. trying to get in there and fix our border. we've got -- >> you had kathleen sebelius. >> kathleen sebelius. what's more difficult than the health reform plan right now? she's head of health and human services. >> also we've seen sonia sotomayor being added to -- >> first latina supreme court justice. again, not in politics, but i would just like to mention ursula burns. she's head of xerox and she's the first african-american corporate leader of a publicly traded company. >> well, it is exciting. as exciting as this news is about how far women have come we still have a long way to go. we just end with that. heidi brown, we need a longer list. >>> still to come this morning, two great friends get lucky on our plaza. what our crack makeover team has done with them. but first these messages. maybe it's your name. richard? no, smucker. (laughs) (announcer) when your last name is smucker and you live in orrville, everyone knows what you

robert shapiro: we created legalzoom to help people start their business and launch their dreams. business dream a reality. at legalzoom.com we put the law on your side. you can walk with a purpose to end alzheimer's... by joining us for memory walk. [ man ] you invite three people. [ woman ] and they'll invite three people. and before you know it, you have a team. more than 5 million americans... may not be able to stop the progression of alzheimer's. but we can. step up. move a nation to end alzheimer's. start a team today. go to alz.org. neil: all right. so when is a a crusader a crusader and when is he just a clown? i guess it depends on when he is judging. "the new york times" says loin blankfein is a crusader. he was a relentless crusader at that. this journal turned his needless death into a personal mission to avoid fatigue by the doctors and deserves being called a a crusader. sydney is a crusader because of the personal agenda that "the new york times" found worthy. jack kemp is not because of a personal agenda that the new york times and others in the media did not find

. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care ofs you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. are more than words here. it's personal. i have diabetes. rodney's kid too. so we're so proud to manufacture... the accu-chek® aviva meters and test strips... here in the u.s.a. plus, we've proven you'll waste 50% fewer strips... when you use our meter, which means greater savings... for people with diabetes, like me. now that's a true american value. accu-chek® aviva. born in the u.s.a. and we didn't find out until i was going to get... my driver's permit at fifteen, seven months. i think the stories that affect me the most... are the ones i hear from children. they go off to start off in life, and by no fault of their own, they're already in a hole. you're supposed to, uh, protect your children. it's hard to protect them from an identity theft when... you don't know who's out there doing it. so how do you protect them from an unknown source? i just couldn't believe i

i'm robert shapiro.ver a million people have discovered how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. protect your family, launch your dreams. 1 in 150. ernie els encourages you to learn the signs at autismspeaks.org. shepard: in case you missed it earlier today, doozy of a car chase in southern california. i was jealous it did not happen on my watch. cops say it started when the driver failed to yield, and now, look at him -- all over the place. this dye drove into oncoming traffic first on an on ramp -- this guy drove into oncoming traffic first. a few minutes later, he pulled this u-turn at an intersection. the police just followed right behind him. there is anot

thank you. >> thank you very much, chairwoman shapiro. the dam, welcome to the committee once again. >> thank you, mr. chairman, members of the committee. my prepared statement sets forth the federal reserve on a number of the proposals that have been brought before do so i thought i would use these introductory remarks to offer a few more general points. first, i think the title to have given this hearing captors the task while establishing a framework for systemic risk regulation. the task is not to enact one piece of legislation or established one overarching systemic risk regulator and then move on. the shortcomings of the regulatory system were to widespread, the failure of risk management and financial firms to the evasive and the absence of market discipline to apparent to believe there was a single cause of much less single solution for the financial crisis. we need a broad agenda of basic changes at the regulatory agencies and in financial firms and sustained effort to in that market discipline and financial markets. second, the

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. - ( blows raspberries ) - ( laughing ) robert shapiro: we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law on your side. >>> okay. we are back on cnn with "townhall raw" bringing to you what many people have taken to their congressman and to the president over the course of the last week in those townhall meetings. there have been several of them across the country including two by the president himself. another one in the 6:00 eastern hour. tuesday, the president was in new hampshire. while most people in the country are disagreeing about how health care reform should be handled, some people don't know why we need to reform health care in the first place. and the president got that very question from a young woman. >> as i was walking in, i saw a lot of signs outside saying mean things about reforming health care. how do kids know what is true? why do people want a new system that can, that help more of us? >> well, i have seen some of those signs -- let me just be specific abou