or in tandem with developing economically.o the question about how to respond to election results. i have often heard in the arab world, the united states was hypocritical because we supported elections and then hamas was elected and we didn't continue to give aid to hamas. it seems to me that is just an illogical argument. i think we can believe in elections for all people, all countries. but if they elect governments that are hostile to us, that are violent, that are bad actors, then we will respond to those governments accordingly, including that we don't owe them our money. that's not something that they are inherent in the entitled to. and will give our money to those who conduct themselves in a way that we think is constructive. and finally to the question about why did he go to israel. both kind of a moral question and analytical question. the moral question i think was that you didn't think anyone should go to israel as long as israel was doing things that were violating the rights of palestinians, but if you took that

. >> reporter: the gap released a new iphone style mixer app in tandem with 1969 premium jeans lines. it honors the store's 40th anniversary. explain. oh yea, well for 6 months, customers get all thre fios tv, interernet and phone for just $79.99 a month. oh, all right, see... you're just moving your fingers, aren't you? i gotta cut my nails. (announcer) now get three amazing fios services for the price of two. tv, internet, and phone for only... it all adds up to one incredible deal from fios. call the verizon center for customers with disabilities at 800.974.6006 tty/v now to sign up. and get fios tv - ranked highest in overall customer satisfaction by j.d. power and associates america's top rated internet-- now even faster, and crystal clear phone service. all for just... it's like getting 3 services for the price of 2. that's a 180 dollars savings over six months for the best in home entertainment. don't miss this unbeatable value 3 great services, for the price of 2. call the verizon center for customers with disabilities at 800.974.6006 tty/v today. >>> remember jet throw from t

prevailing force here in the dollar, sending oil prices higher on top of that stocks continue to trade in tandem with oil. and lastly, the economy, we're hearing new signals that the economy may be improving and that could spell new demand for oil prices going forward. on the natural gas front, supplies are so heavy and strong in natural gas that traders say they foresee a long ways out before prices really turn around here. >> all right, that was our rebecca jarvis. >>> the energy analyst and senior vp, also a cnbc contributor, john, good to see you this evening. >> good evening. >> what's driving oil? is it demand or the dollar or is it inflation? >> it's a combination. it's almost a list of elements here that are combining to push us higher and higher. this falling dollar certainly an element, but we've also got a reading from china during the week that they imported a record amount of crude oil in july. it's my position that the economic activity we're seeing now is sufficient to sustain these levels and to the extent we see more recovery around the world, we're just going to go higher. the

in the meantime, a secondary of low pressure in the northern gulf of mexico that is going to ride tandem with danny. that's going to be bringing us the rainfall. some of it could be heavy late tomorrow night in through the early portion of saturday. we'll talk about that in a second. in the meantime, take a look at your tides tomorrow at fort mchenry. a low tide 9:22 in the morning. high tide 1:22 in the afternoon. our winds tomorrow from the east at 8 to 14 miles per hour. sun comes up to 6:31. we'll set at 7:43. our low today was 67 degrees. the high today got to 85, which did hit our 2-degree guarantee. temperatures outside right now a little bit cooler in hagerstown in york, because they've been getting some shower activity outside there. 77 in downtown. 81 in pax river. and right now over in ocean city, 82 degrees. as far as what has been going on with danny, well, it started out early this morning at 60 miles an hour. then went down to about 50 miles an hour. and it's even losing more strength. there is danny right there. over the past 12 hours, watch it kind of, fall apart a littl

coming up next, the special camp where hopes esinppde happiness ride in tandem. ( crack of bat, cheering playing with the kids? not on these legs. poor leg circulation. doctor says it's p.a.d. peripheral artery disease? hmmm. more than doubles your risk for a heart attack or stroke. so i hear. better ask your doctor about plavix. plavix can help protect you from a heart attack or stroke. plavix helps keep blood platelets from sticking together and forming clots, the cause of most heart attacks and strokes. my cousin the m.d. call your doctor about plavix. (male announcer) if you have a stomach ulcer or other condition that causes bleeding, you should not use plavix. when taking plavix alone or with some other medicines including aspirin, the risk of bleeding may increase so tell your doctor before planning surgery. and, always talk to your doctor before taking aspirin or other medicines with plavix, especially if you've had a stroke. if you develop fever, unexplained weakness or confusion, tell your doctor promptly as these may be signs of a rare but potentially life-threatening conditio

. >> that's the best class and the most popular and you work in tandem. >> do you find a date or bring bring a date. >> and we'll do the knife skills today and you promised me, first of all, this knife apparently it's brand-new and i'm intimidated by it. i'll watch you perform your skill's -- skills here. >> we'll let you slide on that one. give me tips. if i want to impression lady -- impress the lady of my life, what do i do? >>> well, no one holds it right and you'll want to pinch it here between your index finger and your thumb. >> protecting your hand from the knife. >> yeah, it makes it more stable. >> okay, okay, good first tip. >> well, the onion is unruly, it could be dangerous, the first thing you'll want to do is slice the ends off. then, i usually, well, for onion rings, take a cut off of the bottom so it doesn't roll around on you. >> well, that's good to know. >> once it's stable, get to work on it. >> i want to know more skills here. i'm eager to learn. >> we'll put a cut here and you can do an easy peel. >> and i'm going let you do that. >> why is it that i want to cry

thomas told me at some point that he thought this was a chinook which is the big tandem rotor jobs. it seems very unlikely but that's what he says he saw. he could take -- they could take and hold an entire community with this much firepower. helicopter charlie spent spent a lot of time protecting applegate and he take kind to this scene and he was airborne not long after. what he told carlie a couple days after he started buzzing the chopper. he was buzzing all over it. he was under it, over it, he was flipping the guys off. he was holding the controls between his legs and do the double bird at them. he was laughing at them. he chased the helicopter back and saw them go over the mountain to medford. one of the residents of the little applegate looked a little bit like rod. at least in his coloring with his dark olive skin and his black hair. when he moseyed down to the mailboxes at the end of the road, agents leaped out of the bushes and threw him on the ground. and he had guns in his face by men in ski masks and explained with some difficulty there must be a mistake and he was pis

six gop senators will cross party lines to vote for her, far fewer tandem crates and white house hoped for. sotomayor's north sotomayors nomination is causing some to cross the line. >> reporter: do they face political push back voting against her? >> this is a cross roads moment i think for the republican party and latino community. i think many in our community will always remember this vote. >> reporter: but the senate's top republican is rallying his ranks around the argument sotomayor would bring bias to the bench. >> the judge must be able to check his or her personal or political agenda at the courtroom door. that is a test judge sotomayor does not pass. >> reporter: others say they have concerns about her protecting gun rights. nra says it will lower its rating of any senator who votes for her confirmation. joel broken, wjz. >>> the 55-year-old went on to serve as district attorney, private litigator and federal judge after graduating yale. >>> the deputy defense have ordered a review of the use of internet for recruitment. >>> the white house is using the world wide web to str

>> it was as a reporter, in tandem with his professional partner, roland evans that, he made his greatest mark, using their syndicated column to make and break news across nine president dense siz. >> we had a reputation that i hope was deserved of being pretty straight hard-hitting down the line. >> in 1980, at the dawn of the cable news era, novak made the transition from print to he television, becoming a voice on the right that would endure through 25 years on cnn. >> if you were a friend of bob novak's, you couldn't have a better friend. >> bob, while he was ideological, he was not partisan, and so he would pound republicans who disappointed him as well as well as he would pound democrats he disagreed with. >> in 2003, novak reported that a c.i.a. operative named salary plame had suggested the agency sent her husband shall diplomat joe wilson, to ses great whether saddam hussein was seeking uranium from south africa. know sack's disclosure about plame led to a grand jury investigation and the jailing of a new york times reporter and criminal conviction of a top aide to vice president

so far the first time, we have tandem couples in significant numbers starting with ambassador eikenberry himself. and so on that point we agree with you completely. it was a self-denying situation and i will continue to talk about it with the security officers and ambassador eikenberry. on your first point, i of course -- of course security is the underlying component. that's why i mentioned the police. without security you can build a school, you can build a bridge, and one grenade, one mine sets it off. so we understand the did, completely the integration of the two. but as you've seen and this is refered in a lot of reporting been done lately including the washington post piece on page 3 this morning by karen de young and her colleague, we are trying to integrate the civilian and military. general petraeus and i and our whole teams have had two full-day sessions on this to integrate. if i go into details i'm going to take up a lot of time for smug already know but of course you can't could civilian growth unless you have security. it's obvious. what? >> [inaudible question] >> i think

dump truck traveling eastbound lors two of its tandem back tires sending them bouncing across the roadway and over the jersey wall. it happen order the inner loop just past connecticut avenue. at least one of the tires hit an suv going in the opposite direction. a man and woman inside the suv were taken to the hop with what police described as minor injuries. >>> d get a load of what commuters in tysons corner saw this morning. this guy says he cheated on his wife so he had to wear this homemade sign at the intersection of leesburg pike and international drive. the sign says i cheated. this is my punishment. almost taylor of centreville says his wife found evidence of an affair on his cell phone and she came up with t creative payback. taylor stood at the busy intersection for about two hours before his wife texted him and told him he could head home with his tail between his legs. >> i think he got -- i think he got off easy. if you ask me. >> pretty big letters. there's a lot of traffic, lot of people saw that. they are hearing it now. >> recall affecting millions of blinds hanging in h

you write, i read and we for a ride on my bike make of two tandem bikes. and blood. a vision of loveliness that patti ann browne so smart and funny and sexy, do the heads at fox news channel know what an excellent head they have on her. kudos for whoever is responsible for booking that vision of loveliness. did patti ann browne right this? you are obviously referring to last night's show where pab wore one of the most amazing dresses ever. can we show some tape. >> yeah. yeah. that's -- >> greg: now, that is a dress. interesting fact, that is not actually her dress it belongs to me but since i put on weight i can't wear it. can't even show off my child bearing hips. >> greg: daniel, you and about a half million other people. >> half million. >> did we really just say that. >> you and about a couple million. >> greg: to recap what we do on the show after jack nickel son stopped by we played table tennis with megan fox and angelina jolie. and president obama stopped by. it was a great show. too bad you missed it by oogling pab pab. >> wayne from florida, got that screw

. >> reporter: now the gap released the new iphone style mixer in tandem with the 1969 premium jeans line both honoring the store's 40th anniversary. 40 years of falling in to the gap. >> sounds a little scary but exciting in a way. >> pretty cool. >> thank you. >>> you are welcome. >>> maryland delegate john cardin has a lot of explaining to do. he admits to using police officers and helicopter units to stage a fake raid. why would he do that? well, to create a diversion, all part of an intricate plan to propose to his girlfriend. at first the august 7th proposal was paid for by taxpayers. the baltimore county democrat says he will foot the bill and he has apologized to state leaders on his website. by the way his girlfriend is now his fiance. she said yes. >>> it is seven after the hour. in ten minutes why the do-not- call do-not-call list isn't stopping scammers from targeting you and hero centralup date. recognition for a local boys and girls club. right now we focus on maryland's traffic an weather. here's howard. >>> you are in for a steamy sticky morning out there. we had thun

. >> a vault in tandem so you can grow plantation rubber, state rubber in southeast asia or south asia or africa where the predators are native. you can have trees close together but in the amazon is best to grow them especially before the time hybrids were developed to grow them disperse, two or three or four to disperse drought in a. , protected by the jungle groves, which slow the reproduction of the predators that fed off of the rubber. ford was ford and back in dearborn he famously in river rouge he famously placed machines close together come closer together than did chrysler or general motors and able-- in order to save motion so in the amazon he obviously went to have the industrial mass production of rubber and what he effectively did was created giant incubator, not once but over and over again and when the first fordlandia failed, they pulled up stakes and moved downriver and they tried again with the same, with the same success or lack of success. managers tried to hault the spread of bugs and the actually came up with a fairly impressive pest control regime. the necessity

the bottom line is a library book for the work of progress but these are -- i like to read books in tandem. i am not a person who passes are one boat and go through all the way to the end before i start another one. and so this book by simon winchester which i put up at the strand bookstore in new york as you can see is about a great china scholar who i'm writing about in my book about paper. it is joseph neumann and so i'm very interested in in the take on him. this is a book that both my wife and nine are enjoying simultaneously but this is a remarkable book. this is kevin hayes spoke about thomas jefferson and his reading in the books that shaped his life and health books shape his life. this is a brand new book from yale rating matters, this is a book from a hitler's reading, very interested in this even one of those in my books, the day of the empire in south carolina, supposedly an illiterate but actually it was a remarkable maker of pottery and he would write these messages on the pieces that he made and it's very interesting and learning more about him, these are the books that we

given the fact that obama wants to argue that his policies in dan tandem with the fed are now working by reappointing the guy there you double down on that message and say we're staying the course because this is a good course we're on. >> you're right. even though there is some debate, you have to hand it to bernanke. he has handled this at such an extraordinary moment in time, led the fed during what many people say was the toughest time they've ever seen. >> my former colleague at "the wall street journal," david wessel has written a book that credits bernanke with making bold and creative moves. whatever the failures were before then. i think that's pretty widely accepted in washington that this is somebody that didn't have a rule book to go by. he made it up as he goes along and it looks like it's successful. >> breaking news right now at headquarters. mary thompson on it. about mashl lynch. >> we have some breaking news about this settlement between bank of america and merrill lynch you. might recall ta both sides along with the sec i should say, the sides being bank of america

higher, and that continues to be the factor that the dow and oil, they continue to trade in tan m tandem, and a lot of traders say from a technical perspective, there is reason to believe prices could go higher. dennis ghertiman said we could see prices go on the natural gas front and we're not seeing prices reinflate. of and the spread between oil and natural gas is really at its highest level that we have ever seen in history, meaning oil prices, natural gas ratio is at its highest rate ever, and mandy, what's interesting about that is there is a supply glut for natural gas, a much more u.s. centric story there, not priced in dollars, so it comes down to our demand here. and what people would say about that demand is because of the disparity in price, if they were already going to switch, that is, if someone was going to switch between oil and natural gas, they've already done it, because the natural gas prices have been so cheap relative to oil prices for so long now, they've already made that switch, so a lot of people don't see that demand coming back any time soon. >> thanks for th

take a look at that and the chart of oil for today and you can see how they've been trading in tandem. meanwhile, we're also continuing to watch as many traders here on the floor are this hurricane -- not a hurricane yet but the national hurricane center is talking about tropical depression 2, which could become the first named storm of the season. they actually don't expect it necessarily to turn into a hurricane. they're also keeping their eye on a tropical wave off of the cape verdean coast off the coast of west africa. what has that done to natural gas in not a lot. we're expecting another pretty big increase for n. storage for this time of year tomorrow. rick santelli, to you in chicago. >> i'm jealous of your graphics. that was a neat graphic. listen, maybe some of the most important news had nothing to do with the statement after everybody got done, and we'll get to that briefly in a minute. we did see that the budget numbers for july were out. a record 180 and change, just under 181 billion. that's the new record for july. last july it was around 102 billion on the spending mo

>> brian said it there oil markets, the equity markets moving in tandem.igh for crude and equity markets. dow up .6, 9568. s & p up, 1033. nasdaq positive territory, 2031. biggest question on everybody's mind is will the stock market rally continue? let's bring in paul schaadts, president of heritage capital and david hefty, ceo of cornerstone world management. gentlemen thank you very much for joining us. paul, get to you first of all. i notice here in your notes you are billed as the bull here but still say the rally is perhaps close to the end than the beginning. explain why. >> first of all, no rally has gone straight line. if you take two steps forward, one step back. all i'm saying is as the season turns into september, bull markets typically have these almost like elevator shaft real quick moves lower. they are sharp. they are very brief. as we get into september, preannouncement season, probably see another elevator shaft decline, depending upon where we go the next couple of weeks, could be 3%, could be 7% but going to be quick. >> what is the tri

and they should be trading roughly in tandem. >> absolutely. >> as a result we've got a distortion here. what does that mean for somebody who would buy this? >> it means you shouldn't be buying it. it means people who are buying now are overpaying by about 20%. they're not getting the true net asset value of the fund. and if that premium comes back down, and we have every reason to believe eventually it will, they're going to get hurt. >> do you think, john hyland, that the cftc may somehow make some statement? i'm trying to figure out where they might go with this. that commodity etfs should be exempt from this investigation. when does it end? when does it conclude with some kind of finding? >> well, we're obviously expecting by the late september or october that they will probably announce some action. i personally believe you're right, they are between a rock and a hard place. i do believe, amazingly enough, that the cftc needs more resources, needs more economists, and they need more tools to keep track of flows. on the other hand, we do not agree at all that they should be restrict

so far the first time, we have tandem couples in significant numbers starting with ambassador eikenberryhimself. and so on that point we agree with you completely. it was a self-denying situation and i will continue to talk about it with the security officers and ambassador eikenberry. on your first point, i of course -- of course security is the underlying component. that's why i mentioned the police. without security you can build a school, you can build a bridge, and one grenade, one mine sets it off. so we understand the did, completely the integration of the two. but as you've seen and this is refered in a lot of reporting been done lately including the washington post piece on page 3 this morning by karen de young and her colleague, we are trying to integrate the civilian and military. general petraeus and i and our whole teams have had two full-day sessions on this to integrate. if i go into details i'm going to take up a lot of time for smug already know but of course you can't could civilian growth unless you have security. it's obvious. what? >> [inaudible question] >> i think

brent is falling as well in tandem with what nymex is doing, $70.20. >> if i can add on the hurricane float from the national hurricane center in the u.s. tropical storm bill has become the first hurricane of the atlantic season.. it's still past land. >>> let's change gears and not talk about the weather anymore. joining us is steven pope, chief global strategist. he'll be with us for the next 45 minutes or so. let's talk about the markets in general. we have seen a negative start to the week, particularly in asia, ta seems to be gathering pace in europe. still in the summer. volumes are still very light. how seriously should we take declines like this? >> i think the bias is making a reserve to judgment. we are in for the summer lull. volumes aren't that strong. the appetite fades away now that we've got through the majority of the earnings season. a very good run-up on all the markets. natural to take some profit. generally speaking, when people come back in september, they'll hang on to the fact that you you saw an increase going forward. better things expected in quarter three an

he was absolutely correct when he points to the necessity of points of conflict resolution in tandem when we're dealing with situations with palestine a lebanon for iraq with ongoing conflict. >> i pretty much agree. also with a very significant point* that was made by laith a lot of what is happening here house to do with a great concept of dignity. of the much discounted concept of filling with the politics of the middle east the opposition of each and every country defines itself rather it is islamic or leftists, in terms of people who are defending dignity more than they are defending their housing more the children education, etc.. it is not possible to divorce the speech of president obama that he made in cairo the other day from this deep understanding of what makes the people have a real sense of grievance, not just against the united states or israel but against their own government because of the deprivation of the concept of dignity and that is why he talks to the people i do believe this approach will have consequences and will have a basis for support for the democrats w

tandem right, fake peel, liz san diego! forget it, coach. we're gonna wedge it open with a crowbar.t's wedge it, let's wedge it. i'm trying! frost-brewed coors light. official beer sponsor of the nfl. coach, we still can't get into the coors light. you're gonna have to come up here. time out, time out. he's coming!  . >> jim: wired wednesday, let method down to the dugout. manager addition trembley joins us. buck and i just took a vote and we gave luke scott the gold glove. >> yeah, i asked juan if he wanted to yell out and ask if he wanted the baseball. >> jim: that's the first time he's really been tested, but hip handled it smoothly. >> yeah webb that was nice. >>> >> how about reimold in the first inning. >> jim: ion, he laid off some bored -- you know, he laid off some borderline pitches if other games that might be called strikes, but he shows a lot of patience at the plate. that was a big hit for us, and guthrie put a desire roy up after that. >> buck: how important is it for a rookie to come up and hit in the middle of the order for you in a season, and obviously he has

from washington, d.c., jeremy bird, deputy national director spearheading the health care rallies in tandemversation. walk us through what you're planning and brief us how you're planning to deliver your message prfr thanks for having me. over the next 13 days we'll have thousands of events across the country. we kicked off our event on health care insurance reform yesterday in phoenix. on a hot august day we had thousands of supporters coming out. >> what are your talking points? what's your message. >> our folks are coming out and we've been hearing from from folks across the country since we launched our campaign on june 6th, they want reform. we're giving them a vehicle to come out and show the public and lawmakers where they stand. >> jeremy, thanks for your time. joining us from freedom works education, educates, trains, mobilizes in its own right from a more conservative standpoint, again, your group seen as one of those behind the original town hall protesters joining the conversation, writer, blogger, reporter and smarty pants, all around smarty pants when it comes to health care,

and daring to push this rally forward as long as they can work in tandem and work in the counter trendown to rick santelli. >> thank you very much, matt. you know, in about 1920, minutes, we're going to get the final august read on university of michigan sentiment survey. now, remember, what's the streak? you know, eight days. that's like a beatle song, you think that these numbers considering a run of equities isn't probably going to be better, at least that is the assumption traders have. a neat thing going on, wolf man telling me all week yesterday it was april fed fund futures make an all-time highs. when they make all-time highs, that basically says we're going have zero rates for a while and we want to pay particular close attention to that. in terms of the income and spending numbers, could have been worse. of course, we see that treasury rates have crept up a bit. some of the highest levels in the week, on a week where we're supposed to see mostly buying. remember, this is the second to last day of the month. adjustments probably coming today in treasuries but many markets. mar

i did a tandem jump. >> who was it? >> it was great, it was awesome.p out, i said, no, i'm rethinking this. >> he didn't push, did he? no. >> i shouldn't say time because i feel like state fairs are, a lot of them are under way right now. they have all these different choices of cotton candy, corn dogs, take a look at that. that is chocolate covered bacon on a stick. >> because bake on doesn't have enough fat already. >> the sad thing is i would eat this. >> sound like if you're a dare devil sky what ya working on? my history homework. isn't that jennifer's? mom, everyone does it. it's called sharing. is that another word for cheating? mom, dad love us enough to ask the important questions. because if you don't... who will? three americans held in iran. the diplomatic challenges u.s. officials face in seeking their release. >> then second chance. convicted felons cooking up probation burgers and misdemean misdemeanor weaners. >> my heart goes out to them. they need help. >> and the xhady that tackles a serious subject. will it have you cracking up in t

so some of those goals actually work in tandem.cit under -- begin to get the deficit under better control until we get the economy moving again. in order to get -- lay the new foundation the president strongly believes health care reform is important. he was clear about his commitment on not raising taxes on middle class families. i don't think any economist would believe that in the environment that we're in raising taxes on middle class families would make any sense. >> why didn't secretary geithner and dr. summers say they would not raise taxes on those families? >> i did not watch the shows, i read the transcripts. i think they allowed themselves to get into a hypothetical back and forth. i will say this and i think this is important for all of us to understand and we've talked about this issue and throughout the time that we've been here, we do have big structural deficit that's are going to have to be dealt with in order to meet the president's commitment of cutting this deficit in half and getting us back on a path toward fi

we hadn't been doing that for many years, but lately we have been moving in tandem with them.t like that down here. it's more difficult for us to follow it. if that continues weeshlg go higher. >> what are role will the dollar play next week? we have seen volatility, but rick santelli put up that dollar index and it's getting pummelled. how big of an influence do you think the dollar will be? >> when you look at the foreign exchange markets, the risk trade is relevant. the dollar has been the poster child for abuse. whether the data is good and we take down the auctions, they get pummelled. when you look at the fx market and we see better data and they continue to hold on to that, we will see a weaker dollar. >> i will say we will be closing positive. s&p. we will close positive. >> all right. thank you all. have a good weekend. appreciate it very much. time for the daily look at the most widely followed stocks. our website's managing editor is here with what's clicking and without any cliche buzzwords. pab be maybe we can leverage, but -- >> go with that. there is no i in tea

some of those goals actually work in tandem.i don't think we're going to get the deficit under -- begin to get the deficit under better control until we get the economy moving again, in order to lay that new foundation, the president strongly believes that health care rosm, the president was clear in his campaign about a commitment on not raising taxes on middle class families. i don't think any economist would believe that in the environment that we're in raising taxes on the middle class fams would make any sense. >> why did secretary geithner and doc summers say they would not raise tax on those families? >> i did not watch the show. i think they allowed themselves to get into a little hypothetical back and forth. i will say this. i think this is important for all of us to understand. we have talked about this issue throughout the time that we have been here. we do have big structural deficit s that aregoing to have to be dealt with in order to meet the president's commitment and getting us back on a path of fiscal responsibi

so far the first time, we have tandem couples in significant numbers starting with ambassador eikenberryhimself. and so on that point we agree with you completely. it was a self-denying situation and i will continue to talk about it with the security officers and ambassador eikenberry. on your first point, i of course -- of course security is the underlying component. that's why i mentioned the police. without security you can build a school, you can build a bridge, and one grenade, one mine sets it off. so we understand the did, completely the integration of the two. but as you've seen and this is refered in a lot of reporting been done lately including the washington post piece on page 3 this morning by karen de young and her colleague, we are trying to integrate the civilian and military. general petraeus and i and our whole teams have had two full-day sessions on this to integrate. if i go into details i'm going to take up a lot of time for smug already know but of course you can't could civilian growth unless you have security. it's obvious. what? >> [inaudible question] >> i think

>> emt would be to implement them in tandem. yes? what i the possible down sides of bundled payments? >> the downside would be if quality of care could be negatively affected by capping the bundle in a particular amount. the way that would be dealt with is by implementing pharmacists incentives alongside bundle payments to ensure quality of care being delivered appropriately but it is unknown at this point, something we need to study further. >> these concepts current, they started 20, 30 years ago when managed care was first introduced in california. can you give a concrete example of some o t

some of those goals actually worked in tandem.will not get the deficit -- we will not begin to get this under better control until we get the economy under control to lay the foundation, and understand that health care reform is important. the president was clear about his commitment, about not raising taxes on the middle class families. i do not think any economist would believe that in the environment where we are, that this would make any sense. >> why did tim geithner and and dr. summers say that they would not raise taxes? >> they were getting into a little bit of a hypothetical. i will say this, we have spoken about this issue and throughout the time that we have been here, we do have a large structural deficit that will have to be dealt with in order to meet the president's commitment to cutting the deficit in half. there is no question about this. what both of them spoke about was, they are not going to have -- but will not be able to sustain any kind of economic recovery unless we have a pathway to fiscal responsibility.

. >> [inaudible] >> i think the idea would be to implement them in tandem. >> for consumers and patience what are some of the possible down sides? >> i think the biggest downside would be if quality of care could be affected negatively. the way that that would be dealt with would be by implementing performance incentives alongside bundled payments to ensure the quality of care being delivered appropriately it is a little that unknown at this point and something we need to study further. >> [inaudible] if they started 20 or 30 years ago with managed care was first introduced in california, did you get a concrete example of at that outcome for a patient because of its bundled payment? >> i cannot give a bad example, no. other questions? yes. >> [inaudible] doesn't massachusetts choose of nurse practitioners are a lot of care are ready? >> that is a good question. we have doing -- we have been doing estimates at the national level. i think the biggest difference is that the national level we can envision medicare playing along. that would mean the savings potential for many of the different

they seem to be in tandem with the stock market. crude oil, $70.50. gasoline, on route 46, a slow, steady creep higher as we get to the end of the summer. that makes no sense. 3.58% on the ten-year, which hasn't born out what a lot of inflation hawks have been worried about. that is a 4% plus number. we haven't seen it yet. and there is the dollar against the yen, down a little bit today. 1.43 almost on the euro. let's check out gold today. gold is around the 9.60 level. up $1.auto. to the overseas markets, christine tan is standing by in singapore. tell our viewers what's happening over there, christine. >> joe, mixed session here in asia. really got a chance to react to the gtp numbers yesterday. but the fall in the chinese stock markets today, let investors take advantage of the closing high. take a look at the slide we saw in the china market today. the shanghai composite lost 2.9%. lots of concern there about suppliers coming on to the market. financial shares got dragged down on talks that one major chinese brokerage would list in shanghai. the

>> i think the idea would be to implement them in tandem, yeah. yes. >> consumers slash patients, what are some of the costs of downside of the bundled payments? >> i think the biggest downside would be if quality of care could be negatively affected in some way by capping the bundle at a particular amount. so the way that would hopefully be dealt with would be by implementing performances and synods alongside bundled payments to ensure the care was being delivered appropriately but it is a little bit unknown at this point. it is something we need to study further. >> bundled payments are a new concept. they started 20, 30 years ago i think when managed-care was first introduced in california. can you think of, for instance, can you give a concrete example of a bad outcome for a patient because of bundled payments? >> i can't necessarily get a concrete example, no. other questions? yes. >> he thought about how some of these estimates may change at the national level? like for instance, does massachusetts choose nurse practitioners for a lot of car

so far the first time, we have tandem couples in significant numbers starting with ambassador eikenberryself. and so on that point we agree with you completely. it was a self-denying situation and i will continue to talk about it with the security officers and ambassador eikenberry. on your first point, i of course -- of course security is the underlying component. that's why i mentioned the police. without security you can build a school, you can build a bridge, and one grenade, one mine sets it off. so we understand the did, completely the integration of the two. but as you've seen and this is refered in a lot of reporting been done lately including the washington post piece on page 3 this morning by karen de young and her colleague, we are trying to integrate the civilian and military. general petraeus and i and our whole teams have had if i go into the details i will take up a lot of time for something you already know, but of course, if you cannot do civilian growth, unless you have security. it is obvious. >> [inaudible] >> itunes that general mcchrystal and secretary gates, genera

they're moving in tandem. when does that stop?is week, when you start looking at a it on a chart, on a daily, it was very big. the moving in sterling from 170 back down to 163 is showing that the dollar is maybe starting to get legs here. much like your program showed yet, the weight crude oil moved in almost a matter of 30 seconds on those inventory reports. that was something where all of a sudden, you could see the base and start forming a trickling of prices. as long as volatility starts remaining high and you're at the upper end of these ranges, all of a sudden, it starts showing to me that you could see breakout material in some of these scenarios at least where america is not looking to start paying well over $3 a gallon. and i think the refineries right now are not at capacity. all of a sudden, you're starting to get a different dynamic. my conclusion that would be let's wait and see how philly comes out today. i think the initial claims are enormously big right here and at the same time, maybe that's the key. but again, k

some of those goals actually work into -- tandem.will not get the deficit under control until we get the economy going. the president believes that health care reform is important. the president was clear during the campaign about his commitment about not raising taxes on middle-class families. i don't think any economist would believe that raising taxes on middle-class families would make any sense. >> why didn't secretary brightener and dr. summers say that they could not raise taxes? >> i read some of the transcripts. they allowed themselves to get into the hypothetical back and forth. this is important for all of us to understand. throughout the time that we've been here, we have talked about this. we have big structural deficits that are going to have to be dealt with to meet the present's commitment of cutting the deficit in half and getting us back on a path of fiscal responsibility read there's no question about that. what they both talked about was that we will not be able to recovery until we have a path toward fiscal respo

>> i think the idea would be to implement them in tandem, yeah. yes. >> consumers slash patients, what are some of the costs of downside of the bundled payments? >> i think the biggest downside would be if quality of care could be negatively affected in some way by capping the bundle at a particular amount. so the way that would hopefully be dealt with would be by implementing performances and synods alongside bundled payments to ensure the care was being delivered appropriately but it is a little bit unknown at this point. it is something we need to study further. >> bundled payments are a new concept. they started 20, 30 years ago i think when managed-care was first introduced in california. can you think of, for instance, can you give a concrete example of a bad outcome for a patient because of bundled payments? >> i can't necessarily get a concrete example, no. other questions? yes. >> he thought about how some of these estimates may change at the national level? like for instance, does massachusetts choose nurse practitioners for a lot of car