bill: they like stu. >> they do like stu.his thanks is to call them intolerant and to threaten a lawsuit. stu, listen, i don't -- stu is an interesting person. he says it was very hot that day. it was hot and sticky outside. he said he got a lot of compliments on the outfit, bill. he also says that he does identify as a male. that he has got a girlfriend. he changed the upstairs. bill: stu has a girlfriend. >> he didn't change the downstairs. when he got elected he said i think this is just about the coolest town on earth. just before he broke down a tear gently ran through his eye liner liner. bill: did the tear hit the miniskirt? do we know how far about went down. >> could you find a more progressive opening town. the woman who complained is the woman who invited him to speak to the 11 and 12-year-olds. that's a woman he is threatening a lawsuit against now. bill: do you think children need to be protected against the likes of stu? >> i don't, actually, no. bill: so you are at this little awards ceremony, ok? in oregon and

bill: they like stu. >> they do like stu. his thanks is to call them intolerant and to threaten a lawsuit. stu, listen, i don't -- stu is an interesting person. he says it was very hot that day. it was hot and sticky outside. he said he got a lot of compliments on the outfit, bill. he also says that he does identify as a male. that he has got a girlfriend. he changed the upstairs. bill: stu has a girlfriend. >> he didn't change the downstairs. when he got elected he said i think this is just about the coolest town on earth. just before he broke down a tear gently ran through his eye liner liner. bill: did the tear hit the miniskirt? do we know how far about went down. >> could you find a more progressive opening town. the woman who complained is the woman who invited him to speak to the 11 and 12-year-olds. that's a woman he is threatening a lawsuit against now. bill: do you think children need to be protected against the likes of stu? >> i don't, actually, no. bill: so you are at this little awards ceremony, ok? in oregon an

stu, welcome back to the program. >> thanks so much, sues ann. >> suzanne: tell me about this c.i.t. deal. how important was it today, do you think, in continuing this overall positive tone that we've been seeing in stocks? >> oh, i think it was really important. c.i.t. has about a million customers in america. and so financing from c.i.t. is really important particularly as you said a moment ago to smaller businesses all across america. >> suzanne: not only the c.i.t. deal but better than expected earnings were also out there again. they have been for the last week or so. helping to sort of set this nice tone for the market. when you talk about earnings, you're not really talking about profits being better than expected. you say we should focus on revenue. tell me why revenue is so important to this story right now. >> sure thing. i want to see both earnings and revenues but particularly revenues, saeltz revenues, very important here, because take the first quarter. take last quarter. companies beat on earnings estimates but their revenues fell short of wall street expectations. how

stu, to you first. do you identify -- where do you identify yourself in this spectrum we've been talking about tonight? >> there's male and there's female and there's short and there's tall. i'm somewhere in between. >> do you identify as heterosexual? >> absolutely. >> you're heterosexual and it's more of a cross-dressing or cross -- >> i appear to be female. or am i a lesbian and a male and straight? it just kind of rattles around in your head for a while. >> that's why i get confused. people in your town i understand think very highly of you. have they pushed back at all or had any reaction to your identification publicly as a woman? >> i think we did the transition fairly slowly and people had the chance to go, what's going on with stu? >> which is something i imagine they said before the gender issues. >> oh, yeah. >> there they see you as being a trickster. >> yeah, a little bit. and actually, very few people ask me about it, but my life partner, victoria, got lots of questions from people. what i

>>uzanne: stu, i think we have to leave it there. ank you for jning us. >> always a pleare. >> suzanne: my guesttu schweitzer of morgan private nk. >> paul: ting its cue from vancing world markets, wall street opened high getting more traion from brokerage grades on caterpillar and harley-davidson. at miday, the dow was sporting a 71 point gain with t nasdaq up 16 pots. progress in rescng c.i.t. from bankruptcy was a positi as was growing optimism abou corporate earnin. it all added up to sid gains at the fal bell. >> sanne: a government watchdogeport says the total cost of e government's oubled asset program or tarp could reach $24 trlion. that's abo $80,000 per taxper. banks re supposed to use that moneto increase lending. but neil barofsky, tarp spial inspector general ys they also used the funds for oth things. his repo surveyed 360 banks. among the findings: nearly 40% or 144 us some of their ta money to build up capital cushions. 52 ban repaid debts and 15 used the funds to buy othe banks. about 80% of the bks also said some of

stu varney has more.has been in the news before, which is a no-no as a top official, and now this country wide executive has said what? >>ç that they knew they were getting vip treatment. there are three ways in which you can get a favorable deal from a bank with a mortgage. number one, a lower interest rate on the mortgage. sure enough, take a look at christopher dodd. he took a $500,000 mortgage on washington, d.c. home. he saved $58,000 over the life of theç loan. in his connecticut house, he received a similar rate and save $17,000. the second way to do it is not to pay any point on your mortgage. sure enough, he shaved mortgage points on those two. number three, you can get better terms. again, he invested both homes as primary residences. that gives you a certain advantage. there are three ways to get financial advantage if you are powerful and famous, and it appears senator dodd did all of that. he said he did not know he was getting the favorable terms, but the executive says that he did. megyn:

what's your take, stu? >> larry, i wish i could believe that the recession was over. and that i could tell you it was christmas in july. but we're getting close, but as you just noted, payroll jobs fell. even if it's less rapidly. in june, industrial production declined. income is going to decline in june. i think we're rounding the bottom of the recession. i think this quarter may actually mark the bottom of the recession. i'm watching unemployment claims. if they can stay below 600,000, maybe not in the next week or two. the leading indicator, which the stock market is a very important component, we've had two big rises in that. i think there is some signs -- i don't want to call them green chutes, but i think there is some precursors, or prelude to recovery, and it hasn't started in the month of june, but probably will this summer and show a little momentum in the fourth quarter and even more visible, not only in the u.s., but globally in the first half of next year. >> dan, one of the concerns that a lot of people are raising and i saw in the "new york times" toda

here to talk about it is stu schweitzer, global market strategist at jpmorgan private bank. we also have scott rand, senior equity strategist at wells fargo advisors. gentlemen, thanks so much for joining us. >> pleasure, melissa. >> stu, let me start with you. the collapse in optimism is palpable. yet at the same time you know, we watched the dow fall back into positive territory today. where are we? >> you know, we're setting up for earnings season, and i won't be the least bit surprised, melissa, if companies report positive surprises overall. but last quarter the way they did that was by slashing costs. their earnings came in above expectations but their revenues below, and the only way you can make that happen is by cutting heads. by cutting costs. and unfortunately, that means people. and that's not sustainable for the long term. so i think if we see more of that, and that's what i expect, that we're going to have to be increasingly concerned about more of the kind of miserable job news of the sort that we got last week. >> scott, i mean, i don't know if you caught tha

and then we'll get what stu thinks about that. >> not quite. we still have jobs being shed here, but at a much more modest pace. we're looking by the end of the summer to see jobs shed by 100 to 150% a month, not quite enough to stabilize the unemployment. >> what do you think about this morning's data?? does it change your outlook at all? >> my good friend bruce and i talk a lot and i'm not quite as 3%, i think while we have a small positive, i think we could be at 3% real gdp in the fourth quarter. still worried about consumer spending being on the soft side. but at least we're debating the size of the recovery. i think the second quarter data proves that the rip cord was pulled on the free-falling, skydiving economy, and so whether i think it's fiscal stimulus, people have been saying it's not working, well, government spending up 5.5% in the second quarter with more to come. so i think the feds' policies, fiscal stimulus, some stabilization in housing, are what's causing the economy to finally slow down and i agree with bruce, we're going t

still we didn't do anything until stu spencer came in and said mr. president, he is not talking about running, reagan is running, and so we have got to get going. only then did president ford kind of activate if that is the right word, his campaign. and even after that, stu mentioned the worth thing you could do with ford as well was tell him this will horsepower you politically, because he would almost always do the other thing. we needed texas badly in the texas primary, and president ford sent kissinger to south africa, i believe, and everybody said -- political people said that is a disaster. the president said that is the right thing to do, and we are going to do that. we never really got started until a little too late. we virtually invited reagan into the campaign, and it was touch and go all the way. we barely made it. we wouldn't have made it in my opinion except that rockefeller took himself off the ticket. but if he had been on the ticket, we would not have won some of the southern delegations, particularly mississippi that was instrumenta

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bill: we talked to stu varney about this. people really turned off by anything that looks additional spending or additional taxes. apparently, a lot of them got a mouth full over the weekend. >> that is an excellent point. i do not think there will be a second stimulus because americans are up to here with all of this overspending. when americans are asked what is the biggest problem right now, they say it is overspending by washington. the runaway government is starting to resonate with voters. bill: stephen moore of "the wall street journal." thank you. megyn: with all the pressing matters on capitol hill like health care reform and confirming a new supreme court justice, congress is taking up the matter today of killer pythons. we are not making light of this issue. one of these things killed a little girl last week because a man had it in his home and got out in the middle of the night. what can congress do about this? bill: good question. nasa is making new progress and establishing a permanent colony high above the eart

stu can see the clouds thinni out from time t o tim er e th the sunshi lo oarlly.ca as h rnaias ha t cooler.80's, a lot cooler ermblandcumberland7 beuse of t 6r,he7 causebe of thowers, justrs, justerwe ov3 an ih ofain. smith's third, maryland, just a paltry 3/1 hundred of an inch. cooler, 70's in the valley, made 80's. areas of the west are going to be cooler, 60's. nag's head, 88 degrees. at 89 in ocean city. here is the satellite radar picture. sunshine peeking through. the overall pattern, this area of low pressure to the west is going to move itself east word, and that could strike a stronger whether through the afternoon with wind gusts, hail, some lightning. a tornado possibility. kind of like what we have the day before yesterday. then tomorrow a lull in the action sunshine a dry day but sticky. made 80's in our warmest spots. we're talking seven to's tonight was clearing skies tomorrow, hot and sticky on sunday -- we are talking 70's tonight with clearing skies tomorrow, hot and sticky on sunday. a storm or two at the beach, but a day at the beach is better than a day at home

and i- i feel that it had a lot to d with justify ls fis, stu that i had lrned as a kid.o my different stories. but the truth w never tol and so after 50 years, i decided, well, w wld just kind ofet peopleell their own truth. when the magazine came to me. in fact, youpoke of the "vanity fair" magazine, the article, that was the greest article that's ever been done on mown. the reasont was gre, is becaus one, it was the truth. you know, and the true -- truth has never been told. there's been plays, plue vies out mown. it's from people fro the outside peoplehat were not there. they said we want to do this grt article. we want to honor you. lisa robinson was the person whom i met with with "nity fair." i said i don't want sound bites. i don't wt to do anything -- and i had not done any articles because i did not want to do th because i don't want anythi but the truth of wt it was. so knowing that theyere very go we they're research,ood or bad. because you said, what can we tellou? what can we talk about? what don't y want to talk about? >> i said i will talk about anything y

stu varney is here to explain it.e under 22,000 americans, we are now reporting the news as, it is not that bad. >> listen to the stand. things are getting better. the trend is down in new claims. lesson that is the new good. give the stimulus time to work. look for the green shoots. hold on a second. let's all despair. half a million people walked into an unemployment office. that is not as bad as a month ago, but it is terrible those are 500,000 individuals. at the same time, we're not creating new jobs. we're not opening up anything here. we have an unemployment rate that is marching closely toward 10%. megyn: how does the democratic health care plan and the numbers -- they delayed telling us how they are going to pay for it. how does it play into these numbers? >> it plays directly into it. if the house version is passed, it will place an enormous burden on small business. small business is the job creation engine. megyn: i hear that they are going to make over $1 million. how was that a small business? >> lots of

frtier says it is stuing southwess offer. euqucs >> suzanne: here's aook at what's hapning tomorrow. while gns of economic recovery have been few and r between, stocks have been surgi. tonighs two ways to play looks at the disnnect between the marketand the economy. here's kevinepew of minyanville and minyanville' kevidepew. >> despite the ns this week that inventories of new mes plund to a three-year low, and evidence of price abilization fromhe case-shiller home price index, the level of negavity about the ecomy is as great as its ever been. these days, no good tapoint goes unpunished byhe mainstream med. stockshowever, are telling a different story. the market is up 8% thisear. are we still in bear market? look ait this way: since 1997 stocks, cluding dividends, havehown no net gain. how much me of a bear market do you want? the point is well taken, 12 yes of virtually no capital appreciation in stocks ia prty good bear market, almost as good as t 15-year period between 1965 and 1980 wh stocks were largy flat. it's true,

suzanne: stu, i think we have to leave it there. thank you for joining us. >> always a pleasu. >> suzanne: my guest s schweitzer of jporgan private ba. >> paul: takg its cue from adncing world markets, wall street opened higheretting more tractn from brokerage upades on caterpillar and harley-davidson. at mid-d, the dow was sporting a 71 point gain with theasdaq up 16 poin. progress in rescui c.i.t. om bankruptcy was a positive was growing optimism about corporate earnings it all added up to sol gains at the fin bell. >> suzne: a government watchdog rort says the total cost of thgovernment's trbled asset program or tarp could reach $24 trilon. that's about80,000 per taxpay. banks we supposed to use that money increase lending. but neil barofsky, tarp specl inspector general sa they also used the funds for otherhings. his reporturveyed 360 banks. among the findings: nearly 40% or 144 usedome of their tarponey to build up pital cushions. 52 banksepaid debts and 15 used the funds to buy other banks. about 80% of the ban also said some

he stued the greats and became greate he raised the r d then broke the bar.ren, his sisters and brhe and his nieces and nephews. michael ckson was 10 years old whe and his brothers jackie, jermaine, tito a marlon auditioned for me in motow in detroit that july day in 19, and blew us all away. the jackson 5 was just amazing, and little michael's performance waway beyond his years. this little kihad an incredib knowingness about him. he sg with such feeling, inspiratio michaehad a quality that i couldn't completely unrstand, but we all knehe was special. asidfrom singing and dancing like james brown and jackie wilson, he sg a smoky robinson so called "who's loving yo. he sang wi the passion of a man living the blu with heartbreak his whole le. as great as smoky sang it, i thought michael was better. i went to smoky and i , hey, man, i think hgot you on that e. smoky said, me, too. that was motown. motown was built on love and competition and sotimes the competition got the way of the lo, but the love always won out. we cpeted on everything. ancalifornia, we had

it allows these college stu- high school students to go through and pay taxes, buy a house, get car insurance they learn to become more financially literate. my job is to provide them with access to resources to help them make the be decision for them and their household. nationwide sponsored this event again. it's the right thing to do. for a one-to-one experience, call nationwide insurance today. my name is lu yarbrough and i'm on your side. >>> after michael jackson's massive memorial service, people in the d.c. area also pause to rent king of pop. >> i had every album he had, every album he has. it's just a big loss. >> many fans took the day off this week to watch jackson's memorial service with others. outside the white house, fans signed a book of condolences that will be sent to the jackson family. fans can also view a window display of jackson memorabilia at the gallery downtown. darius rutger is the front man for hootie and the blowfish. last year he launched a solo career. he is synonymous with 90s pop sic but he only has had country in his heart. craig melon has his story. ♪ i lef

stu are watching nine knew news now at noon. >>> the housing foreclosure d mbers e t not ttgebeg inertt anemunployment is tounbl e. reliurfie s ngfose romo an % 33 in june compared with ove same nth la star ye of u.s. households th hoorethe rgofve o ngsilo r eies thinr e first half of isthar in. ye isliving smart report, lesli foster looks at a little- known practice that some attorneys say may buy you valuable time. >>> carrie mcconnell's salary was slashed by $2,000 a month last year and it wasn't long before they fell behind on their mortgage payments. the pair tried unsuccessfully to work with their lender and soon they faced foreclosure. >> this house is a home of our kids so it is a struggle. >> reporter: the mcconnells contacted a foreclosure attorney donald stein who advised them to use three little words, produce the note. it means asking the lender tophet find the mortgage note proving that you owe the debt. >> produce the note is a legal strategy we use to force banks to show us that they are the proper party to foreclosure. >> reporter: seems like a simple request but law pr

>>nly the know nothings are arguing for the stus quo. what you have now -- >> i have got ideas. >> evenhe fiscally conservative blue dots are trying to get their piece, too. they want medicare reimbursement cost to be handled forheir role cstituents by the congress. everybody has a piece of the action that they wante the president ought to ce in and reconcile all of this, and it will ppen by the end of the year. it has to. >> the problemith just looki at the budt is thait is the clsic example of knowing the price of everything and the value of nothing. if you look at what we spend on public education, he would say that it is a loser but it is an investment in our onomy and our people and it pays handsome dividends. >> let me give youn index of how unserio all this reform is. the esident spo for an hour. did you hear one word on tort reform? everybody herenows that we are payi exorbitant amounts because of a completely insane malpractice stem. a neurosurgeon whopens an offi in philadelphia has paybout200,000 per year on insurance alone, a

stu varney is here with some answers. how do we know that? what jobs are not coming back until 2015? >> i have some numbers from the "wall street journal" looking and when individual states will get back to the good old employment days of the summer of 2007. some states will be in a run situation for the better part of a decade. michigan, ohio, indiana -- they will not get back to the same jobs picture that they had in 2007 until 2015 and beyond. those are industrial states joined by rhode island and connecticut. i counted all the way through the list. there are 44 states that will not recover their employment picture as a 2007, for the next five years. only two are likely to recover relatively quickly, texas -- 2011, and washington, d.c., at the home of government jobs which will recover next year. megyn: the stimulus was all about jobs. now we are learning that 44 states are not going to see any real benefits for another five, 10 years? >> that is an enormous number. 44 states will take at least five years to get back to where they were in

so i'm in the russell 1000 and what grabs my eye but student loan corporation, stu. hello, stu.look at that on the bottom. 6% higher. you know, sallie mae was the best performing stock in june. it's in the consumer finance space. and then you look at the dow, led by a 5 1/2 gain in american express, discover financial also strong in an otherwise kind of weak and lack lustler market. so take a look at those consumer finance names. clearly there's some buying going on out there with those names. except for sallie mae, which of course is up 40% already. got in most of its action. back to you. >> all right, matt. thanks so much. with the economic storm taking a toll on so many sectors this year investors have been betting that technology will be the first to benefit from the recovery when that takes hold.f the technology-heavy nasdaq composite, for example, has advanced more than 12% this year. well, the dow is down almost 6%. pretty good comparison there. joining me now to discuss the opportunities in technologies is our guest host, dan niles, co-chief investment officer at alpha

stu varney leads our coverage. good morning. >> good morning, bill. bill: they're going to sell what, the pontiac? they're going to sell the cadillac and the buick, the pontiac is gone, the hummer is gone. say hello to the chevy volt. >> that's the focus. that's going to be the main focus of the new general motors. the chevy volt is essentially an experimental electric car. price tag, i've heard in the region of $40,000, not on the market yet but coming to a dealership near you in a couple of years. big question. will we shell out $40,000 on a limited range all electric car? this is the new focus of the new general motors. new, and its new focus on fuel efficient, small cars. we have seen in other countries where they are taking the bait. when do we get our money back? >> the theory is in general motors will sell parts of itself back -- later in 2012. the government wants to be out of general motors by 2013. we have $50 billion in there now, another $7 million from the energy department, and there will be billions more because they have to retool new

stu have that background before he joined that particular staff.value in having that. unfortunately, we had a strong stake up -- a strong chief of staff, but the level in washington was not high. we had some members of the staff who really did know how to work in washington that there were not necessarily listening. the president often responded to those who have not had that experience. i does want to make, to align myself with that. when you come into the white house staff, you have this wonderful into the, the office of management and budget, and there are people out there whose careers have been in the substantive areas. we had guys like sam hughes who knew how to organize the government and we listened to them, after a while. [laughter] >> i was just going to say that the notion that the president gets the staff he deserves it is certainly, in the scheme of things, well taken but there are exceptions to every rule. the exception i think of it, for one, is the iran situation. it is not to say that reagan did not ultimately bear responsibility f

trace: stu varney, thank you.ran into the newsroom and put a microphone on. >> i hate to be so negative. thank you. trace: thank you. sarah palin has now gone fishing. what she hoping to catch? what is he hoping to have in the net? we will tell you what a new poll has to say about her political future. >> i do not know what the future holds. i want to work for people, for the right things. those principles that built america. those who are inspired by the values of america and will not apologize for the values that we hold americans. y doing it. gecko vo: businessmen say "hard work equals success." the world's most successful businessgecko. gecko vo: first rule of "hard work equals success." gecko vo: that's why geico is consistently rated excellent or better in terms of financial strength. gecko vo: second rule: "don't steal a coworker's egg salad, 'specially if it's marked "the gecko." come on people. trace: in the top box, google taking on microsoft. it will launch a new computer operating system, a direct chal

stu varney is with us now.are the trial lawyers -- those pour trial lawyers -- what is it that they want? >> they sued in dr. for malpractice. my client is in such pain. they take one-third of what they win in court, and personal expenses. they want those expenses deductible in the year they occur, not in the distant future when the payoff may or may not come. this is a direct payoff for their support of the democrats and president obama. listen to this from linda. this is what she told the litigation group. these are the people who brought you the fences of caesarean sections. megyn: she is helping the trial lawyers? >> yes, she was speaking to the litigation group. she said we are not going to get a stand-alone bill just to help lawyers, but we have to put it in somewhere. direct payoff for political support. they are a special interest, which is not supposed to exist. megyn: they know that these lawmakers will not vote for it. the other problem that critics have raised with this is if you give these plaintif

the real hot stu is in the deep south across texas. moisture is swinging to the central plains with a lot of storm activity there. we will see increasing tropical moisture off the east coast. all that is tropical moisture that will be touched by increasing southerly winds. that will make it very warm, humid, and a tropical-feeling around here. we're missing is the main at ingredient to touch offome thunderstorms. there is just a chance of isolated shower or thunderstorm over night. tomorrow, we will start at all over again. 80 by midday. 85 by the afternoon. maybe it isolated thunderstorm, but they will be few and far between. thursday will be a little bit bigger chance for showers and thunderstorms. the highs are expected near 87. friday looks like we will be closed to 90 degrees. isolated thunderstorms a possibility in morning and midday. saturday may be a great beach day. feeling like summer. we will be right back into again sunday through tuesday with highs in the upper 80's. , hazy, hot, and he met. reagan national airport, only a

though ed rendell toda said would leto see a second stus. >> i got to ask you about sarah palin.eeing new poll numbers today, one finds two ot of three republicans want sarah palin to be party leader moving forward. it doesn't look like her decision to resign early is hurting r among reblicans, but it's not doing ything to change independent's minds or democrats. m just curious, what kind of a politil future does she have? could beher le? >> she's always been a conservative. and if s has a politica future, it's gng to be on th conservative side. she has to r from the right that's wt republican primaries are abt. i've got my blackberry here because sarah palin's talking about the stimulus today on the tional stage, saying that c.'s attempts at increasing the bt has failed. >> there's bn a lot of xpert pundits who y oh,he's going to go on e fundaising circuit, increaseer profile. we don't know thatnd in fact, this year's big races in new jersey a virginia, you have a gopovernor candidate chris -- no expectations on her for their behalf. a conservive member, gornor in the heart land

my radio producer, stu, was out in front in brooklyn when we caught up with him. >> we're out in frontion, community organizing group that you've only heard about evil banks but you're. >> you're with protestors here? >> yes go, as you can see they are very dedicated protestors. we've noticed that apparently protested the evil banks has gone out of style. we're trying to start our own protest of goldman sachs, a protest of acorn for not protesting goldman sachs. we've done a very good job. you do the logical things, you bring two blogs to start the protest and we've bribed them with smart food, they are going pay the protestors. >> glenn: those don't look like handmade signs. it looked like an organized.... >> this guy right here is part of the protest and the two women who have professional art department in their houses. it's one of those things, this will get the community fired up. >> glenn: he may be crazy or really angry with you. i'm not sure. >> i think we've got something going on, good relationship and understanding the issues the same way. i think the most important thing we

he stued the greats and becam greater. he raised the bar and then bre the bar.rts, joe andkatherine, s beautiful ildren, his sisters and brothers and his nieces and nephews. michael jackson was 10 year old when he and his brothers jackie, jermaine, tito and marlon auditionedor me in mown. indetroit that july day in 1968, and blew us alaway. the jackson 5 was just azing, and little michael's pemance was way beyond his years. is little kid had an incrible knowingness aut him. he sang with sh feeling, inspiration. michael hada qualityt i couldn'tompletely understand, but we all knew he wasspecial. aside from singing and danng like james bro and jackie wilson, he sung a smoky rinson song called "who' loving you". he sang withhe passion of man living theblues with artache his whole lif as great as smoky sg it, i thought michael was better ient to smoky and i said, hey, n, i think he got you onhat one. smoky said, me, too. th was motown. motown w built on love and coetition and sometimes the competition got the way the love, b the love always nout. competed on everyth

stu likes his with bacon and gravy.onight, their lives are about to change forever. [ laughter ] waffle swap. and for fat late night laughs, don't miss "jimmy kimmel live." >> hold on a minute now. [ cheers and applause ] speaking of being away, exciting news for kevin federline. looks like somebody is sporting a baby bump. time for k-fed to drop the k from his name. he's apparently so fertile he was somehow able to impregnate himself. this is incredible, "the new york times" is reporting that the city of new york has been dealing with the homeless problem by buying them the homeless plane tickets to send them back where they came from. it cost the city of new york $35,000 a year to shelter a homeless family, but less than a thousand dollars to dump them on cincinnati. they have run into logistical problems. first time one of the homeless guys took off their shoes in the terminal, they had to call homeland security. if they do put them on planes, i will be sitting right next to them. how the hell are they going to get t

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also we talk about stu miller, he was a starter, lee smith, starter. eckersley. suitor starter. >> jim h.: outside, ball two.    >> jim h.: john smoltz started and relieved, now he's starting again. wigginton is at first, he's the winning run. two men down. ball hit towards short, scutaro to second is, that will force wigginton and that ends the inning. at samuel adams, nothing we brew is as versatile with food as boston lager. the sam adams lager goes beautifully with a lot of ethnic spicy foods. the maltiness and hoppiness work well with indian food. samuel adams boston lager is strong enough to support a heavier meal and it's balanced enough that's it's not going to overpower a lighter meal it could compliment a salmon dish with a little bit of spice to it. whether at a restaurant you're at home if you're having great food and you need a great beer, boston lager is the beer that i use. sam adams with great food-- there's nothing better. ah, just installed fios in the whole building. now everyone has the fastest upload speeds. and we're giving t

my radio producer, stu, was out in front in brooklyn when we caught up with him. >> we're out in frontf the acorn headquarters. it's a time-honored tradition, community organizing group that you've only heard about evil banks but you're. >> you're with protestors here? >> yes go, as you can see they are very dedicated protestors. we've noticed that apparently protested the evil banks has gone out of style. we're trying to start our own protest of goldman sachs, a protest of acorn for not protesting goldman sachs. we've done a very good job. you do the logical things, you bring two blogs to start the protest and we've bribed them with smart food, they are going pay the protestors. >> glenn: those don't look like handmade signs. it looked like an organized.... >> this guy right here is part of the protest and the two women who have professional art department in their houses. it's one of those things, this will get the community fired up. >> glenn: he may be crazy or really angry with you. i'm not sure. >> i think we've got something going on, good relationship and understanding the issu

of t thewal strereetouourn," a n uncecessy antitrustst assasaul n america'a'leleadg cocoanies, th s stu is b with capitalal b,b,s it not? >>t is. we'll get someme growth in thee second half. the question has ways been hohow gorous will it be? the stock k maetet wt upinin mah h cause of the prospect an reality of getting ridff ma t t market or modififngngit. wewe nd another round of good news a a. und of goooo news woud be the federal r resveve foreswswrsrs buying g govnmnmt securititieso o we have a a s s anand abable dollar, the h administratitionoeoesomething go o on x front insteadadff pupuing on more taxes. you mentioneddapap a a trade. november this woululd get the market m movggnd economy mong. they don't't et. it thehenlnly reason t the wi t it eventually y is pureololits whenen tyy rlilize theyill face oblilionon jt as the republicans d in 0606 and 8.8. >> steve forbrbes let meme challengngyoyou on t ts f sry, feds have toto h hav an exit ststtegy or tmuch money sulyly normally, ii agree whh you 1,000%. it's interesting g me, the moneneryry base, fed balance eeeet, of a crtion,

that drug i it been stead ththee is a s stu done o o it recently inin wch they lookedtt the ababe of the drug. apparently i it ababus. they loeded att 25pepeop who we addicted to p ppopofo and 7 ofofhohose5 died from u usi .. very wewerf, as wesaid. theree ve been ququtions. rt of utragecocong fromom dodocts hearing about this ca that who ululd have given michael jackson thisis drug to treat what heclclms was trouble sleepingng? if this istrue, when h he couldndn'tleleephe was apparently beieingnonock out by something that wldld only be admininisteded normally for someone having surgery, alex. >> yeyeh. okokaymichelle kosinski,ththan you u live from dat l.owntown l. live coverage of m micelel jackson's memeririal service all day tuesday y on msnbc. >>> now to americaca'sigig rthday bash. crowds gatheredonon theeses lawn of the u.s. capitoll for the annual capitolol 4thth concert. d.c. crowds weretreated to perforormanc b b aretha frankli d b bry manilow. estimated 1 1 million ectatored l lineddupupn both side of the hudson riverer to watch h th mmacy' fireworks ecectalar. the macycy'

people feel perhaps thiss watchihingv v watching s stu n your computerr le e tv, whwhici akeiei stockade iss overdonenendnd people don't cace about it anymomore there's alolot of competition piem not going to get behihindt. too many people cocomentnto the area.. leles go to rich massachusetts. >> turkey dan j jyy boo-yahtoto you u massachusetts,s, n new jersey. aryoyou ady to talk turkey? >> weststfid d et bate us in swswimng. you u di't't he to bring it up. just go ruininmymy day.y. i was havingng aererfely good dada what was the stock? >> d don know about that.t. i learned from your r "fast mon" ewew t countryurkey is enying atrong enononow. rorong banks andnd a lotff rewable -- >> which tutuisish stk? >> caller: i chose an industry telecom.m. tkc. >>>>e e caful! vovofofones coming in n the e d slashingng mgigins come ba, 's's too ngerous. tomumuch competititi i in tutur. they aually have arere market. no justice department t erere. how about marcy ininononneicut. >> calalr:r: b-yah, jim. hey, callingbout sunoco.. wa t to know if it't's ererso.. theypapay a d divenenand they ha a a

stu and thank you so much. good to afghanistan where the u.s. military says an air force f-15 fighter jets slammed into the ground this morning killing both crew members onboard. afghan authorities say it happened in central afghanistan in the ghazni province just west of the capital city of kabul. the u.s. military says the u.s. judge was not write down by enemy fire and it is investigating the cause of the crash. >> what to do about the nation's healthcare problem to get it remains a huge debate on capitol hill with no resolution in sight. a massive bill aimed at revamping the healthcare system is now winding its way through three separate congressional committees. but president obama wants both the house and the senate to pass the legislation before congress this summer recess next month. earlier today he responded to critics who think his plan is too much big government. _ why, opponents of health reform warned that this is all some big pot for socialized medicine are government run healthcare with long lines and rations care. that's not tru

bing is doing wel they hav done innovativ stu in gam. some peoe think that they have placedoo much emphasis on sear and neglted mobile ones. they have pretty poo offering there. apples gothe ie phone and others are doing well in that caogry. they gotome big chlenges in other areas as well. microsoft no dbt bett off today in search than was before. but we shouldn't orstimate what their advantage . evenf they have 30% of the searchmarketshare. th don't have 0%f the revenues they're giving 88% that have back to yahoo! >> charlie: nick win field, "wall street journal" near. ick schonfeld from techunch. steve see levy officer "wired" ank you ver captioning sponsored by rose communicatis captioned by media access gro at wgbh acce.wgbh.org

craig, they already have a big champion in congressman barney frank who apparently calls the law the stun all america. they've been taking out full-page ads like this and they say that gambling online with their own money is a matter of personal freedom. what you play on your computer and how much you pay is your business, right? >> the last time i checked, the constitution is supposed to protect your right to do what you want in your home when you're not hurting anybody. >> reporter: poker champion annie duke has been fighting for this freedom for years. monday she tuned in to a congressional panel promoting the regulation of online gambling. [ inaudible ] that's an author and attorney defending online gaming. she says parents can use technology to protect children. and that's paul matthews who operates online casinos in europe where the system is heavily regulates. they want the u.s. to deal the same hand and argue this country is losing out on a jackpot. $3 billion a year in revenue from state and federal taxes. gambling opponents say the deck is stacked against players who can't quit

he says, youou kw,w, ts oxycontin, this is greatat stu.. you'llll g a a hh. and y y . >> you mentioned oxyxycont.. is t thaththe st dangerous drug out there kids are abusising? >> 80% o of e e tes abusing drugs are abususinpapain killers ---- oxyntnt, vicodin are the premiere onenes. >> i had a friend doing g oxycontin and i thouout t itas okokay bauau it's not heroin. it's the same exacacfefeelg as hein, same exact feelingngsasame exact highgh. >> they're time releleasedruru. ey last all day. these kids take thememcrcrus them, and get a trtrenendo high. and suddenly, , th'r're oked on oxoxononti i mean, it's very addidiivive. >> dea tries to get all l kindof prescription pillsls offhehe rereetut just a few hours after this morning's b bust,hehe pushers are right baba a at . soso deaasasnlisted local law enforcemenenasas aartner. baltimore's cicity wchch susurvllance system has ininalalleover 100 cameras in e downtown area alone.e. >> number one male. bobothf them are dirty. they s sululd coming your way in less thanannene mute. >> yeah i got them. >>hehe ele

america downwn 5.8% on c ccern ababoua a w s stu of its ololterol drug inin p puon ho.. izizerown 2%2% afterrososina patent tte. >>>>> dd wararnn buffett chimemn t the stimulul debatete tayay saying unemplplmement could rea 1111% dd a secondnd stimulus package may bebe needed. > that's it f from ccc, first in business worldwdwe.e. now back to "hardbdbal >>> welcome b bkk to "hardball." confirmamaonon hrings for siaia sotomayor kickck off monday in e senate judiciaiary commitite,e, reblblans are maaki s som noises about unting r risistae even iff ththeyavave nochchan o stopping her from joinini the susueme court. here is senatee republican leadr tchmcconnell oday. >> all of us are impressed by her markable life story. it reffirms not on to americans but to people around the world thhaturur is a country in w whi oone w wlilingss to dream anand to wrk hard remain ththe ly requirements for success. ananyeyet 's p pcisely the tutuh about amereraa tt makes it so important thth our judges apply the law w ee same way to one individual or grgrous to everer other. this is why we'v

because the regulato are almost totally captured by the financiaindustry, ev i am completely stued and outraged by the phoness of this oil tures market which is a total travesty of a mockery a sham! >> a total travesty of a moery of a sham. it wouldhave taken roy and stephen to put thatogether normally. sharon, how bad is it? i know a year ago cgress talked about the possibility of regulating the oil futures market, feeling thatome of ese guys weremaniputing prices and driving them up. well, the congressdid that and so did the government in terms of the comdity futures commission looki at whher or not they were going to investigate further about speculation. they didhat last may, said they were going to launch investigation and oil pric still rallied for six weeks aftethat. nowe have a new person at the helm of the cfpc andhe wants to lean and just consider whetr or not they should put pition limits in place and whethe tighter regulations in place. frce, britain looking thereoe more of an internatnal agreement onhe gulations that should be impod. the issue that a lot of traders here on

o different -- as far as c c stret when i was i i washington, believe it orot a c cisisti biblble s stu of m memrs of congrere a and i thinknkwere ve important and i've been w wking withth ththem >> hard questions.s. governor sananfoaid he was working with c streetet sehehow out his affaiair f monns.s. while the affair wawas ongoing, while itit w s sti cret, and while govevern sanford coinued to li about it pububliy.y. this is thth first point abouou ststetet a the family ttt makes the group more than j jtt a cace appearance i inototh ofhehese s scandalsls. in both iinsncnc these powerfufl family values pacachi conservavaveve polititici who were themselveses hing adulterous affairs s sa nowhaha thth disclclos thohose affairsr otothememeers of cononesessand hehepeopleffiliated withth the seetetiv religiouss grouporor long timimeehihilehe affairs cocontueueand while they werere kept secret t omom the worldtt rgrg this organanizioion s allowed to knkn but nobody else was. zack womp of tennessesee a a reblblic member of c cngngre who says heiviv inhehe c rereetouse for 12 years. today he to