that's michael. >> i think it's like really michael right there. >> to stockton, michael jackson meantthan maybe jesus did to some people. i think they're both about even. they're both icons. >> many people have been showing up to catch a glimpse with their own eyes. and not all of them are convinced. michael jackson actually visited that town 20 years ago. >>> up next, maryland says goodbye to michael jackson. plus, investigators discover more than one train hit and killed two teenagers on the light rail. abc 2 news at 6 starts right now. ♪ >>> now abc 2 news at 6. >> and we're beginning tonight with two breaking news stories. good evening. i'm marybeth marsden. first, a southwest airlines flight made an emergency return to bwi thurgood marshall airport a short time ago. apparently hitting birds during take off. airport officials tell abc 2 news that the flight had just taken off for providence, rhode island when it hit several small birds. the pilot immediately contacted the control tower and returned to make a safe landing. no one was injured on board the flight. no one was injured.

steven stockton just stood there. others have tossed purple airplanes, performed with puppets, supported their favorite causes. to the artists who developed the concept, it's a portrait of modern britain. >> the composite picture of that it's going to tell us something about the nature of the u.k. now. >> reporter: or the nature of u.k. installation art now. anybody can apply to be a plinth the winners are chosen by lottery. in evidently, the expression has been "someday your plinth" will come, which many think is the only thing amusing about it. there are lessons for the plinthers here, 15 minutes of fame may be better than a whole hour and keep moving before the birds of trafalgar square deliver the same verdict they have on you that they have on the real statues. mark phillips, cbs news, lon london. >> couric: and that's the "cbs evening news" for tonight. i'm katie couric. thank you for watching. see you tomorrow. good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org

. >>> stockton number one and now there is a city that's replaced stockton, california. las vegas.e dubious title of being the new foreclosure capital of the u.s. a realty track report out this morning found one in every 13 properties there in vegas got a foreclosure notice in the first half of this year. the state of nevada, california, arizona home now to 29 of the 30 cities with the highest foreclosure rates. good news is that some of the hardest hit areas are actually showing some improvement. finally. >>> and arizona lawmakers thinking about selling off state buildings in order to make ends meet. they say that they could raise more than $700 million by doing so by selling dozens of buildings and then leasing them back. this would include the state hospital. state police headquarters, even the capitol building where they all meet. >> it is a technique that's being used across the country by many, many states to help balance their budgets. it is also the mechanism we had no disagreement with on the democratic side of the aisle. >> down side of it is you have $67 million for the

this legislation will designate the united states postal facility located at 867 stockton street in san francisco, california, as the lim poon lee post office. introduced by the speaker of the house, ms. pelosi of california, on july 7, 2009, and reported out of the oversight committee on july 10, 2009, by unanimous consent, h.r. 3119 enjoys the strong support of the entire california house delegation. born in hong kong in 1911, lim poon lee and his family immigrated to san francisco, california, when he was only 8 months old. following his distinguished service as a united states army counterintelligence specialist during world war ii, mr. lee received his undergraduate education at the college of the pacific and his doctorate degree. mr. lee would then go on to serve his beloved san franciscan community through his long-time service as a social worker, juvenile probation officer and as a writer for the monthly chinatown news magazine "chinese gazette." in 1966, mr. lee achieved further distinction when he was selected by president johnson for appointment as the post master of san fran

it shows foreclosure leaders like stockton, california and ft. myers, florida posted declines in the first half of this year, while portland, oregon, minneapolis, st. paul and boise i'd idaho posted big gains. why? job losses. but this is providing opportunities. >> some are in bad shape, but some are in better shape which is what we have been looking for for an investment. >> and that's why lisa watkins joined others for a foreclosure bus tour. some like her are real estate investors. others are just looking for their first home. >> you're going to buy many times 10, 20, 30% below market, maybe even more. >> and in today's market, price is everything. take a look at this data we requested exclusively from the national association of realtors. home sales at the lowest price points posted huge gains in june, while anything above a quarter million literally fell off a flif. as we talk about the housing recovery, it's important to understand where the action in sales is taking place, and it's not. for more, go to the blog, rea y realtycheck.cnbc.com

i think it's light-selling pressure and that's why we're sideways in the market. >> katie stockton, what do you think is the next move? >> i think lower this week based on widespread short-term overbought conditions, if you look at the components of the s&p 500, about 75-plus percent are overbought. >> here's the thing, almost all of the technicians i talk to say they're overbought. >> it does feel like that. but overbought conditions, when they matter, is when short-term momentum starts to fall off. we just vice president had the c -- haven't had the catalyst for that yet. >> let's talk about new home sales. sales coming in much better than expected. that sent home builders higher. mike, you were seeing options earlier? >> a lot of the options activity we are seeing in the space started last friday. the xhb, the home builders etf, traded eight times its average volume and it was pretty bullish. and ahead of today's number, that looks like a pretty good bet. and in fact the options activity in all of the home names was really, really heavy. it was last week. it continues to be. what's in

. >> the stockton family thinks they have a spiritual image staring right at them from their own front >> okay, yeah. >> you see michael jackson in the tree stump. >> no doubt in your mind that's michael? >> that's michael. >> i think it's really michael. >> why michael jackson and not jesus? >> michael jackson meant more to us than maybe jesus did to some people. i think they're about even. they're both icons. >> well, that makes sense. [ laughter ] in fairness, though, i have a sneaking suspicion that crocodiles mean more to her than any of them. and jackson's sister thinks michael was murdered, and joe said the same thing. they believe he was myrrhed for the money -- murdered for the money and at the top of the list of suspects -- latoya and joe jackson. there's crazy rumors going around about michael jackson and one is that his brain is some place other than with his body. i don't know who has it, but i did find it suspicious that donald trump is able to moonwalk. baseball tonight held their annual all-star game in st. louis. millions tuned in to see the 2009 major league all stars

neil: couldn't he have done that -- i remember you meeting with stockton. lease there was a meeting of equals. the white house budget person, the congressional budget person. >> in that case. neil: i guess what makes this one a little weird is that this came only shortly after the career cbo director had said to the savings you're looking for in this package just do not -- >> the president was asking -- he was not questioning the cbo numbers at all. he asked the budget people and i was one of them and a couple other academics, to come in and talk about, what would we have to do to get costs rising more slowly in the long-term future, beyond the so-called budget window. beyond that, as we look ahead, what can we do to keep health care costs from rising so much faster than everything else? neil: you found nothing unusual about it? if all of a sudden, he sees these savings, people are going to say that he was browbeating him. >> i do not think there is any danger of that. there are going to be lots of different cost estimates. this health care bill is a work i

cleanup crews are trying to pick up the mess on a rail line near stockton. no one was hurt.f the cars did start to leak non-hazardous material. several texas store owners are dealing with some serious monkey business this afternoon. take a look at the highlighted portion of your screen. security cameras caught what appears to be a monkey, burglarizing their store. the primate is the suspect in the latest break-in at the plant in richardson, texas. the owners are convinced that a mondakey has been trained to snk in and steal several hundred dollars of plants. the monkey was caught inside the store. 40 plaptsz mysteriously gone. >>> great video from the u.k. this afternoon of baboo attacking a car. these pictures were taken at a safari park. as you can see, these animals figured out how to open up rooftop carriers on cars but in reality this was a demonstration set up by the park to show visitors how easily primate could help themselves to luggage. did you get your free morning treat today? it was free pastry day at starbucks. starbucks locations across the country gave away t

and to a tree stump in stockton. to tell you whos face turneded up innhis treeee all right, it's mimichaejackson. they hope it d does nobecome too mu of tourist attraion. iate to tell y this,s, that's just a kno in the tree where there used to be a brah.h. and the fafalyly is not sure w thein of pop's face appeared on their tree but help explain th sparkly whit glove on tnd of one of the anchs. and yes, it a man so cky he should go hunting for lost wallets. the reblican governor who did t resign in a hail o hyper ventilion over the long weekend. and then there's the one who did. comedically, sarah we hly knewye. these stories ahead. but th ountdown's three best personin the world, number the, best conflict of interest. on this network, philip gingrey slipng $369 ion for fundin of a proct into the defensization budget bill. missatest official financl disclosure sw he is owns stock in boeing, valued between $15,000 and $50,00 congressman, serioly? mean, if we taxpay just gave you $50,000, w wouldououtop beingg cocoruru

and to a tstump in stockton. n't need to tell you who face turned upup in thisree.'s michael jackckson. they hope it doeoes not beme too muchch of a toist attraction. i te to tell you this, thahas s just a a kt t inhe tree where the used to be a branch. and the family inot sure why the king of p's face appeared on their te, but it helps plain the sparkly white glov on the end of one the branchs. guess who is back from spending the fourth wh his family. it's a man so luckyhe shou go nting for lost wallets. the republan governor who did not resign in a hail of hyper ventilation er theong weekend. and then there's the one w did. medically, sarah we hardly knew ye. these sts ahead. t the countdown's three best peons in the world, number three, best confct of intest. on this network, philigingrey slipping $369 million fo fuing of a project into the fense authorization budget bill. the 22 is manufactured by lockheed and boein his latest official financial disclosure shows he owns stock in bing valued between $15,000 and $50,000. congressman, serious? i mean, if we ayer ju

>> yes, and now, that's not going to solve miami or vegas or stockton or some of these places where there's extreme overbuilding and intense subprime foreclosures but in the general market, i think we're going to see a slow improvement this fall take it out? >> don't need it. >> so as far as when you look at the residential -- i'll get to commercial real estate in a moment. >> i'm just talking single family housing and the key to everything in my opinion is single family housing. >> why? >> that's where consumption comes from. in other words, if people don't have confidence in the value of their biggest asset, they're not going to have confidence to spend money. >> right. >> and so as far as we're concerned, we believe that once housing stabilizes, it will stabilize the rest of the consumer side of the market. >> you know, "newsweek" magazine, the cover story was the recession is over. are you ready for recovery. is there any reason to believe this recovery is going to sort of bump along the bottom and perhaps we're still seeing some areas of the country still seeing prices for homes coming

. >> a new report from realty track finds foreclosure leaders like stockton, california and fort myers, florida actually posted declines in the first half of this year, while markets you might not expect like portland, oregon, minneapolis st. paul, and boys yeerks idaho posted big gains. why? job losses. but a loss for one is a gain for another. >> buying a foreclosed home seems like a good deal, and we don't want to pass up an opportunity for a good deal. >> that's why donna and bob larson boarded the bus. they're eager to settle into a market that for them was once financially out of reach. >> you're going to buy many times 10%, 20%, 30% below market, maybe even more. >> others are looking for an income property. >> some of them are in bad shape, but some of them are in better shape, which is what we would be looking for for an investment. >> reporter: now, banks are actually ramping up the foreclosure process as many moratoria expire. you can expect to see more properties on the market and ready for investors. go to the blog, realtycheck.cnbc.com. >> let's get more on the state of h

americans -- there's a great line and i never forget david stockton's book about the triumph of politics when he was complaining about how the reagan revolution went off track. i've never forgotten it and stockman was 100% right. what he said at the end the book americans don't like revolutions. yes, the reagan revolution failed according to stockman. he said americans don't want revolutions. they want evolutions, which was actually paul mccartney's theory of the beatles. he said never give them a revolution. give them an evolution. you don't go from me to the beatles to sergeant pepper. >> host: it's very dirty and. >> guest: it is very dirty and and it's right. i quote gary wills writing for the "national review" in 1968. and he said the morning after nixon had won he said the liberal establishment will gup this morning not being needed by middle america. not being needed by middle america who is very values they had ridiculed in the previous years, the democratic party was the sixth of the democratic party had moved too far left, not ideologically. they certainly had and leftist in ma

foreclosure leaders like stockton, california and ft. myers, florida posted declines in the fist half of the year, portland, oregon, minneapolis, st. paul, and boise, idaho posted big gains. why? job losses. these nationwide gains are providing more opportunity for the bargain hunter. >> buying a foreclosed home seems like a good deal. we don't want to pass up an opportunity for a good deal. >> some are investors, others are looking for their first home. buy many times, 10%, 20%, 30% below market. maybe more. >> price is everything. take a look at this data we requested exclusively from the national association of realtors. home sales of the lowest price point posted huge gains in june. as we start to talk about the housing recovery, it's so important to understand where the recovery is happening and where it's not. go to nbc.com. >> it's happening at the low end of the market. under $375,000. up next, the week long social climbing series making more than 125 characters or lesds. >> looking at the tie. you wore your bull today. >> the ti

street in stockton, california, as the lim poon lee post office. the speaker: the question is, will the house suspend the rules and pass the bill. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: on this vote the yeas are 426, the nays are zero. zero recorded as present. 2/3 having responded in the affirmative, the rules are suspended, the bill is passed, and without objection a motion to reconsider is laid on the table. the unfinished business is the vote on the motion of the gentleman from massachusetts, mr. lynch, to suspend the rules and agree to house resolution 534, on which the yeas and nays were ordered. the clerk will report the title of the resolution. the clerk: house resolution 534, re

john najarian, as well as an options action trader, steve cortez, and katie stockton of mkm partners.great to have you here on the set. >> great to be here. >> let's talk about, we've seen an explosion, but the markets are not moving. does this tell you that traders are looking for protection going into earnings season? >> yeah, it does, a lot of nervousness going into the report with alcoa, which is down 8% today. it's an ugly day for them, for the crude oil and the representative stocks. although they are bouncing a little. exxon mobile, chevron, the question is whether that holds or whether or not people just say i'm out of that trade, i don't want to be anywhere near the energy space right now until it gets down and tests a lower level. that's the big question. >> we are watching very carefully the move in technology, the nasdaq is down by 1.5%. the other options guy in this mix here today. what are you seeing in the volatity the nasdaq? >> i think a lot of people were commenting on the fact that they were up. i'd issue a quick cautionary note about that. if you're going to look a

in some of the hardest hit metro areas including detroit, including stockton, california where the foreclosure numbers had been going higher and higher they've started to taper off. we've seen small decreases in those places but across the country foreclosures are still on the rise so i'd say the president has that one half right. >> listen to the president here touting another step he says has been helpful to the economy. >> we helped revive the credit markets and opened up loans for families and small businesses. >> he got that one? >> he's got that one half right as well. if you'll recall last september, october, november we were in a credit crisis. that meant companies couldn't borrow money. banks couldn't lend to each other. that is eliminated. banks are now fully able to lend money to each other at low rates. here's where the problem is. those same banks are not offering as much credit to consumers or to small businesses. so the credit crisis that was has been eliminated. the credit crisis for american citizens and small business owners has not gone away. once again in terms of easing th