i think any decline in chinese steel production will be offset by steel makers in brazil and europe which should allow iron ore prices to stay firm in 2010. frankly i think it will do better than that. he also sees nickel prices going higher, and no one seems to care about that at all, even as it could give the earnings some icing on the cake. morgan stanley sees vale as not being richly valued, but it's underperformed the brazilian market by 26% and underperformed the average brazilian steel stock by 46% so far this year. believe me, i would be flying down to rio to see what the heck is going on there, but boy, are my arms tired. here's the thing. i look at the downgrade and upgrade, i see them both making the same case. what matters is the iron ore prices. if that happens, vale with its high grade ore, low costs and world dominance benefits the most, and i think that puts it somewhere in the high 20s or even low 30s. hsbc, he thinks iron ore prices will be flat. which would still put them in the mid 20s. here's the bottom line, and this is really important the chi-coms may be the better

yeah, you're about to see is a brutal steele versus steele political smackdown. in one corner, the michael steele of monday. the one casting himself and his party as the noble defenders of medicare. and the other -- the michael steele of today. the other taking on the, quote, already bankrupt program we can't afford. >> our seniors have really come under fire in the last few weeks as more and more proposals look to be cutting benefits out of medicare program. this single payer program known as medicare is a very good example of what we should not have happen with all of our health care. we want to make sure that we are not cutting the medicare program. government cannot run a health care system. they've already shown that. >> why fight the democrats when you can adopt the democrat's position for a day and then fight yourself? i'm all for people evolving their positions over time but over time i'm thinking more than 24 hours. michael steele isn't the only republican who suddenly seems to be representing more 0 sides of the debate over health care reform. what you'

>> well, you are saying steel as in saying steel as in steel.rdin yourself, block your emotions and think and speak with a clear head, which is something that was very difficult for me to do as a felony prosecutor because i would have behind me either a row of the victims and serial rapes, murders, it would be the families of the victims. expecting me to pull the rabbit out of the hat and somehow make everything okay again, which i learned after my very first murder prosecution of a young woman named mary. she was about 20 years old, she had the mind of about an 8-year-old child. she was murdered, and i got that guilty verdict, and there was no jubilation. there was no celebration, because when your heart breaks, you can't put your heart back together again. but there was at least the accomplishment of seeking justice. and to speak to a jury with everybody counting on you to pull it out is a very difficult thing. >> all right. the clock's ticking on us. we should have gone a whole hour. more with nancy coming up. if you get in with your phone ca

. >>> coming up, rnc chairman michael steele. he just can't seem to make up his mind when it comes to medicare. first he's for it, then he's against it, and, folks this is all in one day. you know where it's going. "psycho talk" next on "the ed show." yself as a ringtone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report dot com! ♪ that's where i shoulda gone! coulda got my knowledge on! ♪ ♪ vo: free credit score and report with enrollment in triple advantage. that can take so much out of you. i feel like i have to wind myself up just to gt out of bed. then...well... i have to keep winding myself up to deal with the sadness, the loss of interest, the trouble concentrating, the lack of energy. if depression is taking so much out of you, ask your doctor about pristiq®. (announcer) pristiq is a prescription medicine proven to treat depression. pristiq is thought to work by

this video is of a forum held by steele on meeting women. >> the women have the same story, hopefully when you go home on sunday they'll have as many problems as you do. >> in the audience sitting with rapt attention, george sodini. that he had a thing for younger women we knew from his murder blog. one of the young women he mentioned -- his neighbor's daughter. >> he probably looked out his window and saw her getting into her car. >> whatever he was looking at we know never attained. in one blog he said no sebs since 1990 and in another one he talks of rejection. in an imaginary interview with himself he asks, have you ever been in love? the answer hell yeah, lots of times. i'm still single so obviously nothing ever worked out. all this rejection says michael welner was a recipe for disaster. >> mass shooting is the end of a continuum. for someone who's a sexual incompetent who directs his masculinity into rejection. >> what about the mundane house tour? >> more junk, more stuff. all kind of things. storage for winter. >> or the happy pictures on his old website or his answer to the

if you want to play the steel game, play ak steel, aks, it's not one of my favorites, i was discussing it with my friend stephanie link who works with me on national works plus.com my charitable trust. i said no, i didn't want to own aks, not high quality. so i say no to it, don't play the steel way. you can play alcoa, that actually works better. bin is the foreign legion trash stock that could be a treasure. treasure to your portfolio. don't forget about the other legionaires, sto and ako/b. stay with cramer. >>> next, try to keep up with cramer as he takes your calls rapid fire in an all new lightning round. >>> plus, e-mail us at madmoney@cnbc.com and jim could answer you on the air on an all new mad mail. all coming up on "mad money." he ran off with his secretary! she's 23 years old! - oh, come on. - enough! you get half. and you get half. ( chirp ) team three, boathouse? ( chirp ) oh yeah. his and hers. - ( crowd gasps ) - ( chirp ) van gogh? ( chirp ) even steven. - ( chirp ) mansion? - ( chirp ) good to go. ( grunts ) timber! ( chirp ) boss? what do we do with the shih-tzu? -

steel downy. making it a day steel will remember forever. >> dent know. give it away.r him to have it than me. >> he'll remember it. >> i hope so. hope i made him happy. >> keith eloy making steel's day. may use the bear for a tackling dummy. and couple notes. carlos rogers sat out with a calf problem. he expects to be back tomorrow. meanwhile, buick open, buick oipen rather. tiger's charge continues off a 63 yesterday. tiger fired a 65 today. we are in grand blanc, michigan. you know what. think we need to ma a little noise on the course. that's what they did. tiger teeing off on 3. 170 yards out. probably could have used a putter to get there. instead uses an 8 iron. that is nice, tight. sets up a birdie. tiger not done yet. on 17 from 33 feet away. dare isay. bird is the word. tiger has a one stroke lead. 17 under par. doing it in classic tiger fashion. of course he never lost when he has held the lead after 54 holes. >> you were out there at 9:30. how did they look? >> defense is going to be stout. >> offense. how good is jason campbell. >> we'll see pretty soon. >

steele who is commenting. our twitter pages are -- have lit up from people responding to orly taitz's interesting interview. >>> just ahead, time to find some new engineers. >> that's right, tamron. a building demolition that went very, very wrong. so many arthritis pain relievers -- i just want fewer pills and relief that lasts all day. take 2 extra strength tylenole? taking 8 pills a day... and if i take it for 10 days -- that's 80 pills. just 2 aleve can last all day. perfect. choose aleve and you can be taking four times... fewer pills than extra strength tylenol. just 2 aleve have the strength to relieve arthritis pain all day. has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect car

bret: that sounded like michael steele there. is all about the money, honey. >> that's t that kind of comment, you know, michael steele is exactly what he was doing wrong before. he was being too much a t.v. commentator and not doing the work. they have taken some authority away from him in terms of financial issues at the r.n.c. and he is apparently ok with it. erthey're on a good roll. >> that's right, his problem is he was stealing our thunder and now he is doing a good job staying off the talk shows. he will be judged not just on money but the elections. the big elections the governors races in virginia and new jersey and the republicans are ahead now, so he is expected to bring in two victories and that's going to be a high bar for him. bret: it took three months and 40 freedom of information act requests, but the administration released the air force i flyover pictures of manhattan back in april. they look a lot like the one that they released back then. 900 pages came out. it ended up costing $350,000. what about this, cha

this is not something that's being led by michael steele or john boehner.this is something anybody who's been watching politic s even a little bit in recent decades could see what was happening. massive bill. 18% of the u.s. economy, something that affects people so profoundly and their families, again, being rammed through without any discussion. people are angry and to say that this is partisan and all michael steele has to do is snap his fingers is unrealistic. >> please, for one night, drop the talking points, okay? >> these aren't talking points, roland. we're talking about the american people. >> sarah palin contributes to this nonsense by giving a lie. not a distortion, a flat-out lie. you have people who are listening to this stuff on ra o radio, on television. come out of a politician's mouth, they say that person has to know. when john boehner writes it is going to fund abortions and it is a lie, that is a ridiculous charge on his part. what you have here, you have individuals going to these town hall meetings behaving like spoiled brats. this is

it would trapped under a steel blade. >> -- they were trapped under a steel lid. the executive director of barcs says that the dogs were near death, with body temperatures of 107. a rebound once exposed to cool air and water. >> the prognosis is great. >> while these dogs will likely find homes, she is disturbed by the perennial problem of animal abandonment in the city, especially in this case, with the dogs were so close to an agonizing end. >> you are causing heat stroke, causing animals to suffer as the temperature goes higher and higher. letting animals roam free is not the answer. they starve to death. >> she says they can be targets for animal abusers bit like this people doused in gasoline and burned in -- pitbull doused in gasoline and burned in may. >> the dogs are believed to be about 8 weeks old. if you need to surrender an animal to animal control, or you spot a straight at the top, call 3011 in baltimore city. or you can also call the barcs organization. >>> coming up, how does booking a hotel without a bed sound? and a man attacked by a blow dart wh

i want to step back and watch steele argue with himself for a while. that seems to be the best case for single payer health care. democratic congressman anthony weiner of new york, thanks again for your time tonight and make sure somebody gets you safely out of traffic there. okay? >> thank you. >> thanks. >>> we've had news today that the extremist group that allegedly gave information about dr. george tiller's whereabouts to the man who eventually killed dr. tiller identified the new doctor they consider to be public enemy number one now that dr. tiller has been killed. that man, the new public enemy number one joins us next to respond. stay with us for that. >>> first, one more thing about health reform. today's "rachel maddow show" award of excellence goes to bob cesta of "the washington post." health reform legislation will be named for senator ted kennedy, it must follow the principles that senate kennedy fought for during his life. it must cover everyone, be affordable and deliver quality care to all americans. if that seems too much to remember

dateline washington number two, steel trap stephens mpr, michael steel wasn't completely anti-regulationare issues in the insurance market, he said, we can regulate a little better. boing! wait a minute. wait, wait. >> you would trust the government to look into that? >> no. i'm talking about the -- talking about -- >> citizens of -- >> talking about something that should be looked into. >> i'm talking about -- well who regulates the insurance market? the government. >> wait a minute. hold on. you know, you're doing a wonderful dance here trying to be cute. >> there. runs rings around you logically. number one best taste, anti-reform astroturf group conservatives for patients rights run by an ex-hospital honcho suspended its pub lisly carpet bombing "with the sad news of senator kennedy's passing, suspending our ad campaign for health care reform out of respect to the kennedy family as well at the senators, colleagues and supporters too whom we extend our condolences." yeah. they save the money they can spend bet are later. even if it is just expedient good taste, at least it's good tast

sean: michael steele, thank you for being with us. coming up, more on the allegations that the president's top adviser is cashing in on the health-care debate. oliver north is here. if you're taking 8 extra-strength tylenol... a day on the days that you have arthritis pain, you could end up taking 4 times the number... of pills compared to aleve. choose aleve and you could start taking fewer pills. just 2 aleve have the strength... to relieve arthritis pain all day. sean: last night, we reported on a brewing scandal. new reports are coming out that the health care debate is making democrats very rich. akpd is a firm with close * to david axelrod. they have received more than $12 million to produce ads touting the health care plan. david axelrod joined the obama campaign after working for that firm. he is still owed $2 million. another from cashing in on the debate is known as gmmb. it employs several obama strategists. we have a columnist and kimberly guilfoyle to discuss this. good evening. first of all, david axelrod's family is ben

plus, michael steele and much more. "hannity" starts now. americans have united against government-run health care. democrats are scrambling for a second plan. declaring all out war in the senate. harry reid might soon decide to split the health care bill into two parts. one would contain less controversial measures like regulations on insurance companies. this bill would receive at least the 60 votes needed to pass it. the second half of the bill would contain the reckless budget details of the plan and the government auction. with virtually no republican support, democrats might use reconciliation to pass it. they would need only 51 votes to push this through. when asked about the possibility of these measures, a spokesman said, "we are determined to get something done this year by any legislative means necessary." democrats are willing to turn their backs on the american people who put them in office. are they really that stupid? joining me is the chairman of the republican national committee. michael steele is back. welcome back to the p

i know one of the local steel companies, ak steel, went from laying people off three months ago to now they've brought all those people back and they're working overtime. so we're starting to see the bottom of that chain get active again. and i like that. i like to see that and it's going to build obviously to a stronger future here. we're tending to stay a little bit further away from some of those consumer-driven stocks. the retail stocks obviously we got some mixed news today and in the next few days and in the next week we'll get a bigger fuller picture of what's going on in the retail sector but i think we've overdone it a little bit there. anyplace where the consumer, the consumer has an active role, and what i mean is by people either going out and buying something, people going out to eat, people -- you know, people actually crossing money across the table, i think we need to be a little bit tentative there. >> now, that's contrary to what richard likes. because richard, you say you do like the retail restaurant sector, right? that's what i see here? >> well, again, it gets bac

michael steele -- >> i tell them to put on my neighbors'. neil: all right, michael steele, rnc chairman, good to see you. >> good to see you. neil: another fox news alert. protesting. i want you to think about this number that was just out moments ago. it is a big one. $1.27 trillion. that is trillion with a t, and that is going higher. this is where the deficit is going, and we still have some months ago. one cannot help but feel this is why tax hikes are not that far off, and why a lot more people are not going to be able to escape it. one man is angry about this big government kool-aid. arizona as it is actually getting smaller. arizona is cutting taxes -- arizona's is actually getting smaller. welcome, governor. thanks for coming. >> hello there. i am glad to be with you. neil: why these tax cuts? why now? many argue that your state is not in a position to do that. why? >> it will be for a much better economy to help businesses to grow in arizona and create jobs, and in the end of it all, of course, it will reward those businesses that h

i'm michelle steele, bloomberg news reporting for wbal-tv 11 news. stan and mindy, back over to you. >> see you back here at 6:15 for your next report. >> 5:21. 70 degrees. coming up, another look at your morning commute with traffic and weather together. >> coming newspaper sports, we'll check on the orioles as they try to avoid a sweep against the red sox at fenway south. unfortunately that is what we had to call camden yards this weekend. [ boys screaming ] hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started. i can help you with the paperwork. um... this green line just appeared on my floor. that's guidance from fidelity. it's the route to your financial goals. could you hold on a second? whatever your destination, fidelity has the people, guidance and investments to help you find your way. this is going to be helpful. contact us today. >> it wasn't supposed to go this badly again, but the orioles have won just three times since the all-star break and things seem to b

rio said it did nothing unethical and did not bribe chinese steel mills for information. four rio tinto employees remain in detention and have yet to be charged. rio tinto shares are trading like this. in sydney, down 3.4%. in london, down 2%. >> when you take a look at the rest of the resource sector, they're douwn. ang anglo-american down 2%. ten-month highs in japan. can the rally continue from here? >> interesting comment from the weekend. the fact is the market's gone up too fast, too fast. you were out of the market in the last three weeks, you missed quite a lot. is it sustainable? little trading is making very big leaps in the market. every day you got a rise. it was the banks, the financials, the insurance companies and the commodities. when you get a good day, the market goes soaring. today, a weaker day. >> we're looking ahead. we see some growth. we don't see -- we recession ending in the third and fourth quarters. >> some of the figs aures are there. if you look at the amount of bankruptcies and people not able to pay their mortgages, certainly in the u.k., t

tonight, minus neil young, crosby steels & nash performed. ♪[ music ] >> reporter: it was a sold outhow. crosby steels & nash were back on the map. ♪[ music ] >> reporter: the fact that it was the 40th anniversary of woodstock was not lost on this crowd. some of which were part of the woodstock nation. >> i was at woodstock. it was amazing. it was the greatest music, the greatest spectacle i have ever seen. >> pulled up in his big convertible saying i'm going upstate for a big concert. upstate new york for three days and we turned it down and have been kicking ourselves in the butt ever since. >> the event guy said it is a free concert. and then it was just people. more people than i had ever seen in one place in my life. >> reporter: and what woodstock meant. >> a lot of rock'n' roll and sounded like a good time. >> all those hippies became lawyers and drive beamers. there are maybe a few left but most of them sold out. >> reporter: it was a perfect washington night for good music and fond memories. reporting for 9news now and wusa9.com. >> by the way, it was david crosby's birthday

one of the steel mills reopened.ss plants are coming back to work to make glass for the automobiles. some of our smaller auto parts plants are getting work out of this. this has been a terrific program. i think the program show been geared to the big three. these tax dollars shouldn't be subs dpiez dooizing foreign-made vehicles in my view. but having said that, we're still selling a lot of cars and it's primed the pump, and it showed that this government's plan of getting the economy back to work is really working. >> do you have issue with the clock and train stopping at $3 billion when a lot more went to wall street? >> in this case agree with congressman peters. so many cars having sold that in some places we're short and i think we can find other ways to prime the stimulus pump. i would like to fix water lines and sewer lines. >> so they should try this in other areas of the economy? >> let me just say that renewable energy, wind turbines. we just got a plate mill opened up since the stimulus program has been in

the steel companies will get going, and hopefully it will have a big multiplier effect. >> we want to know if you think the cash for clunkers program has been good for our economy so far. head to abc2news.com there is always room for your two cents on the right-hand side of our hem page. >>> now to a developing story. michael jackson's personal physician, dr. conrad murray is now at the center of a homicide investigation based on a preliminary autopsy report. abc news has learned that police have reason to doubt some of what dr. murray told them about michael jackson's last hours. diana avellar reports from los angeles. >> i have done all i could do. i told the truth, and i have faith the truth will prevail. >> reporter: dr. conrad murray claims he did nothing wrong. but his role as michael jackson's physician could lead to charges of involuntary manslaughter. the associated press is reporting that the los angeles coroner declared the pop star's death a homicide, based on preliminary toxicology results. they reveal jackson had a lethal cocktail of drugs in his system at the time of de

at the new york stock schairntion i'm michelle steele -- exchange, i'm michelle steele. >> he was reportedlyutraged after his arrest in an incident that sparked a national controversy on racial profiling. but now harvard professor gates seems to be ready to laugh the matter off. at a book signing event over the weekend, the author and scholar talked about his white house meeting with president obama and sergeant james crowley, the officer who arrested him while trying to break into his own home. >> i offered to get his kids into harvard. [laughing] if he doesn't arrest me ever again. >> on a more serious side, though, professor gates said he did have to change his phone numbers after receiving death threats. >> that's a shame. 6:21. 70 degrees. another check on weather is straight ahead. >> the ravens welcome their top veteran receiver back to the nest. find out what derrick mason has to say about his short-lived retirement. >> and don't forget to e-mail your answer to the watercooler@wbaltv.com. did a store owner go too far with his psycho donut offerings? or was it all just harmless fun? e

. >>> coming up on this show, sarah palin, michael steele and a rand congressman from pennsylvania allay with disowning stuff they did in public. and they fail disastrously. stay tuned. tom. now, i know the cateri business but when i walked in here i wasn't sure what i needed. i'm not sure what i need. tom showed me how to use mifi to get my whole team working online, on location. i was like, "woah". woah ! only verizon wireless has small business specialists in every store to help you do business better. you're like my secret ingredient. come in today and connect up to five devices on one 3g connection. now only $99.99 (laughing through computer) good night, buddy. good morning, dad. (announcer) oreo. milk's favorite cookie. ♪ one is the loneliest number that you'll ever do ♪ >> there's exile and there's exile from exile, which is where you'll find former attorney general alberto gonzales aka, the torture guy. he gave an interview this weekend in which he describes personal circumstances that would make famous cartoon feel sorry for him despite having been the official number one law

>> i think what michael steel is kind of selling tickets back in chicago. he is poking and provoking the democrats on that very sensitive point right now of their own fractiousne fractiousness. they don't have the votes in the senate for the public option. in the house, they have a loose coalition with those blue dogs that gives them enough votes for a public option. but they couldn't have a vote right now or they would have had it. the fact that they have not got more than one out of one bill out of several committees right now is what's put democrats on the defense right now in defending the plan while republicans can just easily say, hey this is crazy. let's stick with the status quo. >> clarence page of the "chicago tribune." thanks as always. >> stay tuned. >> now with us to dig into the poll numbers we mentioned, melissa harris lacewell, african-american studies at princeton university. professor, good evening. >> nice to be here. >> republicans are crowing about the president's loss of support about how he's handling health care. it's down 11%. the p

steel, i think the steel stocks will recover. they've had a great run, only half the move down, buy u.s. steel at 38. >> do some homework in king pharmaceuticals, below ten it's interesting. >> karen? >> take away my pride. just called me on it. i'm sticking with it pde. >> i like everything going on microsoft. >> i'm melissa lee, see you on the half hour report, tomorrow at 5:00 p.m. for more "fast money" on cnbc.. happy anniversary to the najarians. >> amen. >>> tomorrow, could one man's trash be his treasure? talking commodities or what's left after the selloff. and the ceo behind one of the year's hottest tech trade.e. what's his outlook for the sector? "fast money" 5:00 eastern tomorrow on cnbc. finally, good news for people with type 2 diabetes or at risk for diabetes. introducing new nutrisystem d, the clinically tested program for losing weight and reducing blood sugar. hi i'm mike, and i lost 100 pounds on nutrisystem d when i was first diagnosed with diabetes, that first step was more like a giant leap. till i discovere

the guy you saw there briefly, that's the author, art steele, who does most the talking there. there you see, that's the back of the head, that's george sodini interacting with these young girls who are models, actresses. the goal in all this, to try and help a guy like george sodini find out how women tick. we'll take your calls, 1-877-tell-hln is the number. and joining us now, abbi taten, with our sister network, cnn. you talked to one of the women who interacted with george sodini? >> she was one of the women who was working this dating seminar in l.a. last year. first things first, she really remembered george sodini, but she was at pains to say not because he was mean or stood out in a bad way, but that he was there for self-improvement. but she said he was very, very quiet. very studious. the most studious man in the room of about 20 men attending this dating seminar. she said he took copious notes all the way through. she said he was very nervous as well. she pointed out that wasn't abnormal. a lot of the men in the room were there because they were nervous around women

sodini refers to steele in one of his videos. >> r.d.s. says i have approximately 15 more years to be successful at this. >> reporter: we know sodini was not successful. an old website of sodinis, crazygeorge.com, we se more. you see his cat. he interviews himself and asks, is the glass half-empty or half-full? he says, half-full? he also asks, have you ever been in love? he says, hell, yeah. i'm still single, so nothing worked out. all of this is part of sodini's script. >> reporter: mass shooting is a crime of notoriety. that means a person puts more attention in how they're going to be regarded and understood afteterward. >> reporter: we learned that the last phone call he made from outside the fitness club was to his mother. then, he went inside and committed mass murder. murder that will be mourned here forer. we pced calls for r. don steele. that did not get through. we've sent e-mails to him. and we haven't heard back. robin? >> all right, john. >>> and we continue to tnk of the three women who lost their lives. and again, the funer

michael steele says this is coming at the expense of seniors?cut over ten years to medicare. we don't want to do to anybody's premiums or the quality of health care, but we have to be able to get efficiencies. let me give acouple examples of what is contemplated in the cut. >> please. >> somebody says we want to figure out a way to not have somebody go into the hospital, so we want to pay for home care to put the senior this their home. and that's the type of thing that we can do under medicare. if we want to do it in the private insurance sector. we buy stauock in the company. we would be powerless to do that type of thing. with that type of savings, we are going to have to get -- we cannot continue on the arc up and up and up. but it's so ironic to listen to the republicans so concerned about medicare when they have been against it and cutting it every year since it was created. >> thank you for the time. enjoy the rest of your week. >> thank you. >>> still ahead here on the morning meeting, should ted kennedy resign? now, one boston guy said

>> i absolutely think what michael steele is doing is in excusable.ke very seriously what you have hearing in the month of august. seniors are forified. they're scared to death they're going to be euthanized. we need to make sure they understand what is in this bill and that this bill will make them better off and what michael steele did is inexcusable as far as i'm concerned. >> are you trying defend the -- >> not particularly? this is what opposition parties tend to do during debates like this, it's not much different than what we heard in terms of a tax against the bush social security reform plan four years ago, or the attacks we saw against the clinton health care plan back in the early '90s. but i suggest, rather than going it alone that going to the extremes of both parties. if you look at how far he has moved the debate, there's bipartisan consensus on a lot of people to move their insurance when they switch jobs, on getting coverage for preexisting conditions. he signed a reform package and people threw rose petals at his feet. it's a victory

they've tried to put chairman steele and bobby jen call out front. losing mel martinez here seems to me to be a blow to the republican party. there is no formula that the republicans can reclaim the white house as i see it without florida. and martinez was a vig voice with the cuban community in florida and with hispanics in general. i don't know who or how they're going to replace him down there. >> i bet a lot of politicians are looking at joe scarborough, our colleague, and saying he's having a lot more fun, having a lot more impact, doing what he's doing in the mornings than i'm doing here sitting up in an office on capitol hill waiting for the roll call so i can get this that little subway and go vote in a tunnel somewhere. >> if you're a republican you're doing so in the minority. you know from being up there, life's no fun. especially on the house side when you're in the minority. you can't get much done. i think these are fairly discrete cases. trent lott, he had a lobbying gig lined up, it was obviously for the money in that case. i think ma

steel, i think the steel stocks will recover. they've had a great run, only half the move down, buy u.s. steel at 38. >> do some homework in king pharmaceuticals. below ten, it's interesting. >> karen? >> take away my pride. just called me on it. i'm sticking with it pde. >> to follow her up, microsoft. i like everything else going on. >> i'm melissa lee. thanks for watching. see you tomorrow on the "halftime report." tomorrow at 5:00 p.m. for more "fast money." (marco andretti) i race to win. i know when it's the perfect time to change my tires. when it comes to shaving i know when to change my blade. (announcer) gillette fusion's indicator strip fades to white when it may be time to change. fresh blade. better shave. the first complete women's multivitamin in a drink mix. with more calcium and vitamin d... to support bone and breast health... while helping you hydrate. one a day women's 2o. refreshingly healthy. - oh, come on. - enough! you get half and you get half. ( chirp ) team three, boathouse? ( chirp ) oh yeah-- his and

they have a balance sheet that is a man of steel. that balance sheet is the best of any regional bank i know. once sheila bair deciding to stop trying to kill citigroup, she's be transfer, memo to sheila, i actually no what i'm talking about. i love her, a lot. i mean, i love her. charles. >> caller: draper utah boo-yah to you. >> caller: what do you think about comcast? >> it was a good quarter, i didn't think it was a bad quarter. it didn't have the growth. i would, but i prefer verizon, just because of the yield. there's room for everybody, but i like verizon's yield. nate in louisiana, nate. >> caller: hey, cramer, this is nate from shreveport, giving you an lsu world series boo-yah. >> holy cow, shreveport. hey, marcus is going to start this year. what's up? >> caller: i want to know about oxy, occidental petroleum. >> i like it, well-run company. i think it has a play for your portfolio. i would sanction owning it. no, no, i'm going down to hector in florida right now. hector. >> caller: boo-yah, skee-daddy. >> what's up? >> ca

why isn't she enjoying the luxury of one of those nice steel commodes that you share with the other lovely female inmates on your cell block? >> well, she may well soon if the husband's attorneys have their way. we have just filed today in the criminal case the appearance of an attorney by the name of guy franceton from boca raton as the attorney for the victim, that would be michael dippolito. we don't have a formal filing other than that notice of appearance, but given statements made by the husband's attorneys, it seems very likely that he will be attempting to convince the judge to revoke that bond status. the bond, however, it must be said, was agreed to by the state attorney's office, by the defense attorney, in fact, the boca -- excuse me, the boynton beach police department has made statements essentially saying they didn't have any problem with it. it's going to be a fight to get that bond revoked. >> well, mr. nolan, they may not have a problem with it, but i do, all right? as a crime victim myself, and on behalf of other crime victims, i think it's unconscionable that she is out

michael steele says that the jenna -- the democrats' plan will shortchange senior citizens.unveiled a senior's bill of rights. james rosen is keeping an eye on it. we remember the contract with america 15 years ago today. is this new bill of rights and attempt to create something that is quite to resonate with the american people the same way? >> certainly the republican party and its chairman would hope that it does prove as resonant as the contract with america. there are very valid reasons for both parties to be targeting senior citizens with their messages about health care reform. situs -- senior citizens, more reliably than any other demographic do go out and vote. a lot of the outrage, whether real or feigned, as some democrats insisted it was, was identifiably coming from senior citizens. this so-called bill of rights for seniors and health care debate would identify about half a dozen points of interest to senior citizens, including the financing of health care reform should not be at their expense. jon: i think one of the central tenets in this document that chairm

i came from a very working-class steel town. my parents were not readers. my father was a steelworker. as i grew older, i read more and more, he would occasionally get annoyed by this and would order me down to the basement to build something, or outside to play. he wasn't sure he likes his own son becoming such a book worm. they had mixed feelings about it but the more he was critical of my reading, when you are young teenager, the more you want to do it. if parents don't like it must be cool, so i did it more and more often. at one point i found a copy of a book called the lifetime reading plan, partial inspiration for classic for pleasure which is beyond the lifetime of reading, i use that as a guide during my teenage years, books to read, and how much i got out of it was another question. my eyes went across the magic mountain when i was 15-year-old. what i got out of that i don't know. i liked to read, it was an escape, dreams of another life, i wanted to move around the world, feel comfortable with all kinds of people to travel, books were a way of in

80,000 tons of steel. if we can't get to an negotiated agreement, we will be defeated. >> host: and this from todd cooper, tyler, texas, who profez his love on the american history. if you zin anything from the japanese with the chinese. do you realize how much we aided them at that time and what do you think our current future with china may be? >> guest: the chinese do realize we help them a lot. we sent volunteers for the flying tigers we sent equipment. we sent money. the chinese also are deeply embittered by some of the japanese behavior and in "pearl harbor," we have a very vivid chapter on the rape of nanking and how brutal the japanese were in china. it was comparable to the nazi in germany. and it's a blight that they have not come to grips in a way they are appropriate. my hope is the chinese and american people will come together. we are the most powerful and the most populace two countries in the world. and if we and the indians -- ifth three of us could find a way to move into the future toget

michelle steel joins us live with that story and the rest of the business news in the bloomberg news report. >> good morning. aig is well known for getting billions of dollars from the government. now the guy who led the insurance company for 38 years may be facing a federal government lawsuit. they may sue the executive. he was pushed out during a government probe into its business. they accused of hiding losses and inflating reserves. the government is weighing a reorganization of fannie mae and freddie mac. they may put it in a government supported corporation. no decision has been made yet on whether to go through with the good bank-bad bank option. stock futures are pretty quiet indicating a slightly higher open. the government july jobs report comes out tomorrow. that is business news. reporting for wbal-tv. >> see you back here at 6:15. if you are in the market for new technology, now may be the best time to buy. >> the computer section at best buy was busy this afternoon. people checking at the latest laptops. this year as the budgets are shrinking, so are their computers. >>

steel workers union in a conference call. he claimed that pittsburgh has snagged these big events because of its excellent record in labor and business relations, public/private partnerships -- they went back over the whole they went back over the whole story of our renaissance that 1950's and said it has all led up to today. frankly, there are probably other reasons why we got picked to be the site of the g-20 summit. i still have not figured the not yet, but i am assuming that we are attractive because we are perceived as a green city. we have a convention center which i believe was the first leed-certified convention center in the world. many buildings around town have been greened in that regard, so they are impressed by those efforts by arrest belt city to raise its environmental profile. also, i think barack obama has some pretty fond memories of pittsburgh. in the pennsylvania primary he spent a lot of time here last spring in the state and came to the city a few times. and also we do have a fairly strong labor presenc