was actually when it's becoming just don't compare in south germany or greece with east germany they're simply saying well just like in east germany we took all the assets and we merge into one super power imperial con conch conch conquistador european threat as we have been in the past and the thing about the euro was supposed to eliminate the german imperial threat but they figured out a way around it is about the fact they orchestrated the whole thing as a way to reunify germany another time what greece is being south germany so this guy let's call him junker because he's the junk bond salesman basically he's pushing junk on everybody he's taking the junk off. private bankers asset holdings and transferring it to the national governments in the e.c.b. in the e.u. but he's likening what's going to happen to greece to the two had agency sell off of fourteen thousand east german assets between one thousand nine hundred one thousand nine hundred four but of course that was done in order to merge east germany into west germany and there was you know two and a half million jobs were lost b

you oh we don't think the greek people should have their own sovereignty we think it should be south germany we want to run the entire european show we do already reported to the occupied by germany once you go in for twice what you in this icelandic regard waldemar armin an economist at reykjavik based asset manager gala says when you look at how successful that auction was it's clear that investors are now crunching the numbers themselves and that the credit grades from the rating agencies are less relevant well that's because they are committing massive acts of fraud and you know you can't just say it's the wall street banks who are committing this massive fraud with impunity and it's entirely their fault because after all you want them to be aggressive in their attempt to make money the really the blame falls on the regulators which means the u.s. government in this case or the u.k. government and barack obama or again david cameron and this is where the two stories dovetail with cameron because in in the case of britain not only are they lax with financial terrorism but now is lax with

factory in the south of germany has restrictions on who can sell in germany they have substantial restrictions on the console and so does japan so this time we didn't feature the south korea so well all the countries that are successful right now don't agree with you i don't think that all the countries i was if that's what was ill russia china china south korea i think china is headed for a fall so i mean i mean if they're temporarily successful but maybe again they may or a lot of others are going to be going to these things and your pots has yet to be tested either because we have free trade agreements pending with colombia that have been what i got this is was tested from seven hundred ninety one to nine hundred we have we have a free trade but what is never going to get out of this is the root of it because because they're wrong but i mean. i don't i don't i don't believe the ninety percent of economists agree with him he's going by the number that you could be wrong to greg mankiw harvard professor of economics would say that ninety percent maybe they would agree and very little but nine

by the way you will find american made cars are not very many of them anyway on the roads in south korea germany or japan they protect their domestic auto markets. there's bailed out citi group c.e.o. vikram pandit and laid off seventy five thousand u.s. workers all the while opening up more and more banks overseas so that now citi group has more banks around the world than any other u.s. bank thirty three thousand hewlett packard workers were shown the door by former c.e.o. mark hurd try to find a made new usa label on h.p. products after carly fiorina nerd's terrible rains of outsourcing and then there's james owens the former c.e.o. of caterpillar who in a rush to open up more factories in emerging foreign markets gave nearly twenty eight thousand u.s. workers in his company to pink slip all of these c.e.o.'s all of them are the millionaires and billionaires that republicans say we need to coddle with tax cuts so they'll do their magic and create shops and people don't create jobs they move jobs or just kill them outright and brag about it you see we don't have a debt crisis in america like t

south korea defeated munich germany. and south korea large crowds celebrated by waving flags and setting off fire works. it will be the first city outside of japan to host the winter games. >> and now did it feel cooler? >> and breezy, too. and there is a live view now from mount tam camera. did we change the shot? we did. that is our sutro camera, looking forth and there is a satellite of weather conditions this afternoon. there is a triple play here, or the trifecta. fog, heat and thunderstorms. and there is is a live image of storms from mammoth to reno. and tahoe had thunderstorms yesterday. and there is is towards reno, still rumbling. there is a line of powerful storms continuing to rumble throughout the late afternoon hours. and back here in the bay area sunny skies and calm conditions and a couple hot spots inland. it's 99 degrees now in antioch. 98 in livermore. mid-90s in fairfield. and 72 in oakland. 61 in half moon bay. highlights, coastal fog, again, tonight with mild low temperatures again. heat eases up aga

among the top contenders are munich germany and south korea. >>> the duke and duchess of cambridge will be in charlottetown on prince edward island. the couple will attend a barbecue and take part in the much anticipated dragon boat race. it is supposed to be competing on separate boats. there will next head toward calgary. friday they will head to los angeles, california. they will spend three days there, hosting a british film reception among other things, before heading back to the u.k. that is the latest on the work -- >>> and now the list on a work of the mlk memorial. earlier last week, a group of ministers got a sneak peek of the progress. >> the world will continue to be blessed because of this. >> dr. martin luther king was more than a hero. >> they marched together during the montgomery bus protests. >> he inspired him to become a preacher. more than 50 years after dr. king led the nation towards the equality towards all they were invited to the national memorial to reverend king. >> all of those messages. >> 14 inscription's all picked from kings around the memorial. >> i hea

will host the twenty eighteen winter olympics three cities are bidding for that young in south korea in germany and annecy in france. russia's women's basketball team have returned home after being crowned european champions holding flowers and the trophy they touched down in moscow after going to turkey in the final in poland it was the third time russia's women have won the european championships which ensures they will qualify for next summer's olympics in london and they put their success down. the simple hard work. we're very happy our aim was gold we prepared and trained a lot it was tough at the beginning but thanks to our solid work we cheered our task and thanks to everyone who was supporting us. and they are the only one celebrating a good weekend's work novak djokovic was greeted by thousands of his fans when he returned to serbia after his wimbledon triumph and you world number one lapping up every minute is that tens of thousands of people chant it isn't it now i know they gathered in downtown belgrade at a boisterous welcoming ceremony djokovic to be rafael nadal in the final then

will host the twenty eighteen winter olympics three cities i bring for that one yang in south korea munich germany annecy france. remark russia's women's basketball team have returned home after being crowned european champions holding flowers and the trophy they touched down in moscow after beating turkey in the final imposing it was the third time russia's women have won the european championships which ensures they qualify for next summer's olympics in london and they put their success down to simple hard work. very happy hour in most gold who prepared and trained to watch it all starts at the beginning but thanks to our solid work we changed our task and thinks everyone was supporting us. and i'm the only one. celebrating a good weekend's work not a joke of it was greeted by thousands of fans when he returned to serbia after his wimbledon triumph at the new world number one lapping up every minute is tens of thousands of fans chanting his nickname now as they gathered in downtown belgrade at a boisterous welcoming ceremony djokovic who beat rafael nadal in the final then showed off a few dance

germany has agreed to supply munitions for the alliance is continuing yes well indeed not eventually the operation some suggest that coalition pressure has caused a shift in position towards the south as with germany joining the nato bombing operation turn out. more bombs wanted just over one hundred days of air strikes and with just over two thousand bombs dropped by nato allies on libya the mission has run into an unexpected problem a lack of sales to drop where there is demand there is that why and this is the only has agreed to provide the much needed ammunition previously berlin has of from going in favor of the u.n. security council resolution on libya and move that surprised and angered others but it may now be backing out of it this isn't the germans may not want to participate but are they have decided the position does not preclude them actually supplying weapons in this case or systems some believe germany is under pressure from other nato members particularly the united states friends in the u.k. to take a more active part in the libyan campaign at first hand. ministries toward the foreign affairs minister don't go into libya it's a very bad conflict it was started by t

many of his no would grow from iraq or afghanistan he was no leader all i hear from you and from germany. south korea from italy and there were sixty five years ago we'll hear a very strategic reason for being in these countries all the way or growth would never happen for maybe all of them this is the strategic reasons cheery but it gives you a very important country there's a lot of oil in the past be an area where russia is competing with with america and america wants every way garbage can gear it using afghanistan as a pipeline for incident system to build able yeah they've built with a war but it's also a living being spirit area targeting russia so if you can show. even at the definition between combat troops and support troops now do you think though the afghan forces already really going to be able to take control clearly they will still need some help from those support troops not the combat troops because there are reports though from areas of the country that there are areas of stability which should in fact be a sign for hope and indeed if those afghan forces have support from amer

the three cities bidding hewn i germany, and south korea. 'young change is considered the front runner. hewnic is trying to become the first city to host a winter and summer olympics and considered a long shot. >>> the perjury trial begins today for roger college mons. he's accused of lying to congress under oath. college mons extrainer claims he injected the record setting pitcher with steroids and human growth hormones. >>> back to sal for traffic. >> traffic is doing well around the bay area. if you are driving in the fog though you might want to slow it down open the golden gate bridge heading south to the toll plaza area. there is no major problem there is. it will be light traffic at the bay bridge toll plaza and the fog is not thick at all coming up to this area. it's pretty nice here. and if you are driving on the san mateo bridge westbound 92 traffic looks good heading out to the high-rise. 4:55 let's go to steve. >>> thank you. correct on the fog for the golden gate bridge. low clouds are moving over oakland. some of its low. other

our rights his know would grow from iraq or afghanistan there was no we grow from japan from germany. south korea from italy and there were sixty five years ago we'll hear a very strategic reason for being in these countries all the way or grow whatever happens or maybe all of them is if the strategic reasons change but it again is there is a very important votary there's a lot of oil in the caspian area or russia is competing with with america and america once every way got a game here it's using afghanistan as a quite well i. system to be able to be a living build that you know have been built with a war but it's also a land based aircraft carrier targeting russia targeting show. stephen that the definition between combat troops and support troops now do you think though the afghan forces really going to be able to take control clearly they will still need some help from those support troops not the combat troops because there are reports though from areas of the country that there are areas of stability which should in fact be a sign for hope and indeed if those afghan forces have suppor

south africa on wednesday. ioc members used an electronic voting system to cast unsigned ballots for three candidate cities. munich, germany, and annecy, france were the other two. among the attendees south korean president lee myung bak and olympic figure skating champion kim yu-na were ecstatic with the result. kim won the gold medal at the vancouver winter olympics in 2010. >> translator: i've been under pressure as an ambassador, but i'm really happy with the result. >> it was a case of third time lucky for pyeongchang, which made unsuccessful bids for the 2010 and 2014 games. south korea will be the second country in asia after japan to host both summer and winter games. >> pyeongchang. [ cheers ] >> celebrations broke out in pyeongchang early on thursday morning as soon as the announcement was made. >> translator: when i heard the result, i almost burst with joy. >> translator: it's fantastic. i'm really delighted. >> an ioc survey shows that the bid was backed by 92% of pyeongchang residents and 87% of the overall south korean population. the figures were much higher than public support in the other candidate cities

will host the twenty eighteen winter olympics three cities bidding for that pian yang in south korea munich in germany and annecy france. on to cycling an american tire fire has posted his maiden tour de france stage win on independence day coming home first in a bunch sprint to win stage three while teammate though he shoved still holds the leaders yellow jersey it was a relatively flat stage stretching for a couple of hundred kilometers long the atlantic ocean along with the mad red dawn riders michael de large and yours a good as were out in front for much of it but they were real dim by the peloton inside the final kilometers stage driver mark cavendish has them full stride to recall the following a crash in the closing stages and talk took up the pace on the front garments of l.a. with then turning on the power to get over the life to head for a man to live. well still celebrating his maiden wimbledon title is novak djokovic the serb enjoying a rapturous homecoming in belgrade the new world number one lapping up every minute of this is tens of thousands of fans chanting his nickname no as they ga

twenty eighteen winter olympics three cities are in the bidding for that young chunk in south korea munich in germany and the sea in france. well meanwhile russia's women's basketball team have returned home after being. and european champions are just last out of the trophy squad to touch down in las vegas after the child turkey in the final in poland it was the third time russia's women have won the european championships which ensures they qualify the next the olympics in london and they put their success to simple hard work. or do you know how it works out here very happy hour in was gold who prepared and trained a lot it was started the beginning but thanks to our solid work or achieved our task and sinks everyone who was supporting us oh and they are the only ones celebrating their hard work and novak djokovic was greeted by thousands of fans when he returns to serbia after his triumph at wimbledon the new world number one locking up every minute tens of thousands of chanting his nickname no late happened in downtown belgrade boisterous welcoming ceremony the chant beat up on the dolly four set

the cities are munich germany and south korea and france.is expected to be announced at 11 this morning. >>> now maryland's most powerful doppler radar and the forecast certified most accurate by weatherate. >> good morning. let's check out our dew points because we have lots of moisture in the air. 69 for baltimore right now. 71 in dc and also culpepper. and check out easton. 7 3. so we are sultry outside this morning. and it's going to stay that way going into the afternoon and evening. the satellite and radar not picking up on a whole lot but i will call a mix of clouds and sunshine i don't believe we will get as much sunshine that we saw yesterday. now, we see a stationary front draped across the area. and with that, that's going tonight focal point for showers and thunderstorms to pop as we go into the afternoon. that warm moist air making its way in here and the storm prediction center does have us in a slight risk for severe weather. mainly into southern maryland. and if we get the storms, the biggest threat will be damaging wind and

host the twenty eighteen winter olympics three cities are bidding for that young chant in south korea munich in germany and the sea in france. i mean russia's women's basketball team have returned home after being crowned european champions on just flowers out of the trophy this was touched down in moscow beating talk in the final hole and it was the third time russians wouldn't go along ukraine's championships which ensures they qualify for next summer's olympics in london and they put their success at a simple hard work. we're very happy our aim was gold we prepared and trained a lot it will start of the beginning but things star solid work retrieved our task and thanks to everyone who was supporting us. well swear tennis star novak djokovic was greeted by thousands of fans are he returned to serbia following sunday's drive out wimbledon when you are number one was lapping up every minute as tens of thousands of fans chanted no way if they gathered downtown in his native belgrade to wish welcoming ceremony going to meet rafael nadal the four sets in the final his first victory in six attempts over th

twenty eighteen winter olympics three cities are in the bidding for that young chunk in south korea munich in germany and in the sea in france. well meanwhile russia's women's basketball team have returned home after being crowned european champions all just was and the trophy for this was touched down in moscow after the turkey in the final in poland it was the third time the russians women have won the european championships which ensures they both like the looks of the olympics in london and i quote their success and the simple hard work. towards you know we're very happy our aim was gold would prepare them trains a lot it will start at the beginning but things stalls solid work we changed our task and thinks everyone who was supporting us. and they are the only ones celebrating the hard work novak djokovic was greeted by thousands of fans when he returns to serbia after his triumph at wimbledon and a world number one looking up every minute tens of thousands of pounds chance of his nickname no laid out in downtown belgrade boisterous welcoming ceremony the bridge from the big rock on the dolly fo

the twenty eighteen winter olympics three cities are bidding for that young challenge in south korea nick in germany and the sea in front. of me while russia's women's basketball team have returned home after being crowned european champions just flowers out of the trophy the squad touched down in moscow after beating turkey in the final in poland it was the third time the russians wouldn't have won the european championships which ensures they qualify for next summer's olympics in london and they put their success at a simple hard work. fourteen words we're very happy our aim was gold who prepared and trained a lot it was stuff at the beginning but thanks to our solid work we cheered our task and thinks everyone who was supporting us oh well elsewhere tennis on the talk of it was greeted by thousands of fans after he returned to serbia following sunday's drive at wimbledon the new world number one was lapping up every minute as tens of thousands of fans chanted his name no les they gathered downtown in his native belgrade to boisterous welcoming ceremony djokovic rough on the dollar four sets in th

and nato support and there have been suggestions that the alliance is running low on that south and has asked germany for munitions reports now on the lens a surprise to an armchair opposing the mission from the outset. more bombs wanted just over one hundred days of airstrikes and with just over two thousand bombs dropped by nato allies on libya the mission has run into an unexpected problem a lack of shells to drop where there is demand there is supply in this case germany has agreed to provide the much needed ammunition previously berlin has abstained from voting in favor of the un security council resolution on libya a move that surprised some and good others but it may now be backing out of a decision the germans may not want to participate but they have decided that the position does not preclude them actually subline weapons in this case or systems some believe germany is under pressure from other nato members particularly the. united states friends in the u.k. to take a more active part in the libyan campaign at first hand our you know ministries toward the foreign affairs minister don't go i

. >> germany, japan, australia, south africa. >> visitors will fill hotel rooms and gas tanks. >> we're thrilled. this is the first time in 50 years we've had this opportunity. >> and investment in remembering the past. in manassas, both parker fox 5 news. >>> today absolutely fabulous. what a great way to kick off the holiday weekend. >> was it better than yesterday you think? >> i think yesterday was a little bit cooler. >> i think they're equally good. >> when you don't have humidity, fabulous outside. >> especially when it is the first day of july. >> that's good. the question is how long will this real good stuff stick around? i wish i could tell you that this type of weather was hanging out all holiday weekend, but that's not going to be the case. i don't want you to think the holiday weekend will be bad. tomorrow is going to be just as good as today. i think a little more humidity, i think a little bit hotter, and then some thunderstorms on sunday, and right now july the fourth is going to cooperate. i'll tell you why. new stuff coming in in the last 20 minutes or so. nice at 7:0

do we need 60,000 troops in germany, south korea? let the rich countries defend themselves. the retirement age. indexing social security. and medicare to inflation. agriculture subsidies. there is so much in this budget to cut. would you miss the labor department if it went away? the commerce department? >>neil: your point is there is ample room to cut but they don't have the will or guts it do it or they are afraid of the outcry. >>guest: they are screaming. ethanol subsidies, the environmentalist who pushed them in the first place say they are wrong and yet they are scared to get rid of them now. >>neil: i worry about in this self induced panic environment, and both sides play the game, i mentioned earlier in the show, that the risk is you come up with a crappy idea and you come up with a worse deal and then we are back to where we were. >>guest: i fear that will happen. what is the panic about the talk, are the rating ages going to downgrade our debt? that won't be good but are the bond investors stupid that they don't know the bureaucrats who fail to predict the housing

. >> germany, japan, australia, south africa. >> reporter: the crowds are likely to bring millions of dollars. visitors will fill hotel rooms and gas tanks. >> we're thrilled. this is the first time in 50 years that we've had this opportunity. >> reporter: and an investment in remembering the past. in manassas beth parker, fox 5 news. >> with the holiday weekend in front of us and gorgeous weather to boot. >> yeah, very good. i'm soccer i'm already thinking about the holidays. >> you're gone -- sorry, i'm already thinking about the holidays. >> you're gone. okay. give us the five day and be done with you. >> two more minutes, right? it's good this evening. i hope you had a chance to get out and enjoy it. the humidity is low. tomorrow is not bad, a little warmer but not so humid. you'll feel maybe little more humidity tomorrow afternoon. the humidity really i believe comes back on sunday. that's when it's going to feel muggy and be hot and we'll have some showers and thunderstorms. look at tone's picture, though. we have generally -- tonight's picture, though. we have generally clear s

and france, south korea and germany are all bidding the the olympic games.for 11:00 a.m. in the morning. tiger woods is skipping the open next week say. the 35-year-old golfer has not competed since early may. >>> time to talk sports with pablo tourre. what's the story behind roger clemens? trial starts today. jury is sleked. h selected. how did this whole thing get started? >> today is rubber meeting the road finally. it may be the biggest legal dispute. it starts back when roger clemens voluntarily decided to go before congress in an attempt to clear his name in a february of 2000 date. he very famously denied having never, never using performance enhancing drugs, and of course, that contradicted testimony of his former trainer who told investigators that clemens used p.e.d.s 20 times in the late '90s. clemens fought this from the very start, going under oath, as i said. voluntarily. something many players don't have the balls to do. but clemens certainly, in keeping with his pitching and athletic image, seems to have. >> let's talk about the image and the

game are make the final pitches to the international olympic committeech the city munich germany france and south korea. the city expected to be announced this morning at 11. we will keep you posted. >>> finally a sigh of relief for those in los alamos new mexico. the national laboratory will reopen to myees. that means the threat has passed for the wild fire that is the largest in new mexico's history. authorities and residents were concerned the chems cats stored at the lab -- chems cals -- chemicals stored at the lab would be catastrophic. >> this morning, william and kate will head to slave lake in alberta, an area damaged by wild fire in may. they will meet with residents whose lives have been affected by the fires. following that, they will end their 9-day visit at alberta's calgary stampede on friday before leaving for california. >>> this morning, 7 people are missing after the boat capsized in the gulf of california. it all happened after a sudden storm sunday night. one person has been confirmed dead and rescue efforts have been huge. mike say mong those who helped rest -- among those w

they made their final pitches in a meeting in south africa earlier today. cities in germany, france and south korea are there. we'll go to the winning city once it's announced. >> it is the monster dust storm that ate phoenix. take a look. we are talking winds gusting at hurricane strength, driving the dust storm through the heart of phoenix and suburbs happening late tuesday. phoenix airport had to shut down and several thousand homes lost power. >>> democracy's growing pains, this picture from afghanistan. two women in parliament, yep, you see it, getting physical. one throwing a shoe, the other hurling a bottle of water. it happened during rocket attacks in neighboring pakistan. a passionate topic. >>> now back to casey anthony and the question now, is this her final day behind bars after being acquitted for murder. the 25-year-old has a sentence hearing for just misdemeanor convictions. david manningly is outside the courthouse in orlando, florida. you have been watching this closely. what is the expectation about whether or not she's getting free tomorrow? >> reporter:

the south korean city beat france and germany. twice before they had come up short in bid to wint olympics. -- win the olympics. they will be the first outside japan in asia to host the winter games. >>> prince william and his wife are in cal barry -- calgary at betterra canada. and yesterday they visited a town ravaged by wild fires. they stopped by to chat with well-wishers. wild fires tore through the area in may burning homes and building. they met with emergency services personnel and families in the slave lake area and will head to california for a couple days tomorrow. >>> we have been waiting to hear from them and finally the first jurors in the casey -- juror in the casey anthony trial speaks out. >> she says despite the tears they had to come back with a not guilty verdict. >>> and yellowstone shut down and park authorities are searching for a bear. what happened yesterday at the national park that hasn't happened since 1986. we will let you know ahead. ♪ the rich aroma gets you up ♪ looking forward to your first cup ♪ m