the bad. well let's bring constantine to help us sort out this ugly mess he's an economist and coeditor of this book what if ireland defaults and he's going to help us sort it out so first of all thank you for being on the show it's always a pleasure to have you won thank you laura let's start by dividing and conquering the good the bad in the ugly which is something that you actually came up with before we get to why we're dividing accordingly who is the good who is the bad and who is the ugly look at the eurozone crisis. the good the bad the ugly is really the trifurcation of europe it's a split in three parts of european core traditionally both in terms of the mythology political mythology that the spermy in the european union today but also economically traditionally the good used to be the tonic water that's germany finland austere possibly netherlands there are some questions about them. however during the current crisis what's becoming more and more apparent is that the good really is k

guys and the question is why is he and his administration supporting the bad guys and sending them to syria and in the in danger in there by the safety of the chemical weapons if he doesn't want bad guys to control the chemical weapons why is he supporting them now where can this leave actually this can lead to one place only regional war devastating regional war if obama at that syria or directly or via local proxy with or without the chemical weapons pretext this will definitely lead to a diverse state in the region a war that will create a whole new middle east. and gobbling violence has instigated a mass exodus of syrians into neighboring countries the u.s. says at least one hundred seventy thousand people have already fled all his policy of reports now from the desert camp in jordan where those who escaped are now stay . well i'm standing here at the border crossing between jordan and syria it's one of the main border crossings between the two countries but security here is tight and border controls are very very effective and this is a way for a man to deal with the growing i

and iraq was the you know the bad guys you know it's just the whole it's ridiculous if we change our definition of of who's good and who's bad to suit our needs when ever doesn't that kind of make good and bad relative and meaningless absolutely it's almost thirty years ago so there in thirty years someone can go from being an ally to an enemy well unfortunately that happens yeah so we should probably be more careful with whom we give arms to that is a very good old. savation but then again you never know which side of the regime you fall on when you support something and one of the issues of u.s. foreign policy is they've always picked sides which they did in vietnam they did it in other places and sometimes they were successful sometimes they weren't whether or not people remember the iran contra scandal but the bottom line is the media certainly seems to have a selective memory that suits whatever message they'd like to promote. or i were up to date i want to be back with the main headlines in just a bet. everyone wants to be president. whether they're old ladies only engine driver

give the u.s. a pretext to attack it mr obama talked about being the chemical weapons will reach the bad guys and the question is why is he and his administration supporting the bad guys and sending them to syria if he doesn't want bad guys to control the chemical weapons why is he supporting them if obama attacks syria or directly or. proxy with or without the chemical weapons pretext this will definitely lead to a diverse state and regional war that will create a whole new middle east. the draw fightings instigated a mass exodus of syrians into neighboring countries the u.n. says at least one hundred seventy thousand people have already fled his policy reports from the jordanian border. security here is tight and border controls are very very effective and this is a way for a man to deal with the growing influx of syrian refugees into this country now according to jordanian estimates at least one hundred and fifty thousand syrian refugees are currently in jordan they're being housed in refugee camps along this border and the jordanian government has build forts in the process of buildi

. >> they hear the bad guys, go into a closet, dial 911 from the closet. while they're talking to the dispatcher, they hear the suspects. >> come out, come on out. >> reporter: he was armed and ready to defend his sister and himself. >> just hiding in the closet and holding the bat like this. >> the detective was able to respond within about 1.5 minutes. the suspects took off in three different directions. we were able to set up a perimeter and catch all three. >> reporter: they had been on a burglary spree. fremont police searched the car they were using and found several stolen items. police say the kids' cool heads and quick-thinking are why the bad guys got caught. >> a bus brawl caught on video. details next. >> later, the giants are taking on the braves while the a's battle the rays. and tiger battles a bad back. [ male announcer ] now at your neighborhood subway: dinner...is...served. tonight, take it easy and enjoy your favorite soup, salad and hot, hearty sub. like the toasty big hot pastrami melt. get to your local subway for some dinnertime deli

the bad monetary policy we have under bernanke are worse than green span. we have 0% interest rates. that's doing more damage than the 1% we got at the lows under green span and the government bubble is enormous. when it pops, automatic the banks that we bailed out in tarp, they're going to fail again, only the losses will be bibigger and the depositors are going to lose too. not just bond bondholders. the government itself might have to default and restructure the dead and not pay 100 centers on the dollar on treasury prices. real estates have got a long way to fall when the government bubble pops. the scary part is, the government bubble is so enormous, the government might try to prevent it from popping as long as possible. we have massive inflation before it happens and if the government -- fed never pricks that bubble we destroy the dollar and have a currency crisis that will be far worse than the financial crisis based on government default. >> politically, can you is foresee the government not popping that bunl that you see? >> hopefully they will pop

the white sox have developed a bad habit of falling behind early in games... he also have formed the good habit of coming from behind.... it has happened two nights in a row against the yankees... francisco liroano got the call for the sox on the southside...and on the very first pitch of the game..derek jeter smacks a homer to left...the yanks added one more and they led 2-zip.. but the sox made it 2-1 and then in the 4th.....ivan nova gets one high to paul konerko and paul rips one deep to left and gone...the game was tied at 2- 2... setting the stage for the big blowin the 5th...bases loaded for kevin youliis he gets under one to right..a high long shot and it sails over the wall...and grand slam to make it 6-2...sox win7-3 in the 9th...the tigers won so the sox lead stays at 2.... jake peavy spent his morning at the staples store on west jackson near union station. he was taking children from the union league boys and girls club on a shopping spree for school suppies. all the supplies donated by staples. as for jake,well, he was having a blast. it is fond t

because you often have to take the bad with the good in the exploration business, this was bad. a major mishap today for a prototype landing craft. this was a test flight of the morpheus spacecraft. this is not supposed to happen. that's what a million dollars looks like when it's on fire. it was unmanned. there were no injuries. nasa quickly said, for its part, budgeting for failure during testing is part of the process. we never would have gotten to the moon without failure, and better now than later on. >>> and in other space news, one of the old shuttles, the "endeavour" is headed to southern california. traffic there being what it is, they're warning people on october 12th it will make a 12-mile two-day journey at two miles an hour so average l.a. speeds over surface streets from lax to the california science center. los angeles, you've been warned. begin your planning of alternate routes now. >>> and in the flying business for regular people, a lot of new data just out. the big news, the best first half of any year on record for on-time performance in the air. hawaiian and

people want value for the money. bad times make people react to the bad times in a certain way.u think contrary to that, you can see the number. >>> still to come, how are dating and owning a small business similar? the answers may surprise you. >>> and hopefully our panel has a sweet tooth as today's elevator pitchers treat them to chunky chocolate. you know, those farmers, those foragers, those fishermen.... for me, it's really about building this extraordinary community. american express is passionate about the same thing. they're one of those partners that i would really rely on whether it's finding new customers, or, a new location for my next restaurant. when we all come together, my restaurants, my partners, and the community amazing things happen. to me, that's the membership effect. >>> valentine's day is coming up and if you want to give some sweet treats to your sweetie, here's a thought. today's elevator pitcher hopes their chocolates will melt our panel's hearts. >> good morning. my name is jerome bertolli and this is kevin smits. we are located in western, massachu

the bad news is it kept out a lot of stuff that maybe we wanted to know about. that's changing. now the gatekeeping is coming both ways where people are taking, um, things and making a big news issue out of it, and it's spreading all over the world. the traditional mass media are getting it and taking it further. we saw this with the arab spring, right? so people were, they were tweeting it, they were blogging it, they were posting it. al-jazeera had been in there for many years capturing some of the changes that were going on, but then it becomes this exchange between them. the other good part about this is there are certain parts of the world where we just can't get much information out of. but with some of the social media, we are getting it. so i don't know if anybody saw burma vj, this was a documentary about burmese video journalist, vj stood for video journalist, and he was capturing all the oppression he and others were facing on his little cell video and uploading it to the internet, and they made a movie of it. and iran, when the green revolution was attempted and there

ouvre and also work on a michael jackson anniversary set to coincide with the 25th anniversary of the album bad. for all those reasons and more i'm pleased to have our friend spike lee back at this table. welcome. >> how are you doing? >> rose: i'm doing good. >> i see new the morning now. i'm in the gym. >> rose: i will put you to bed and wake you up, you know what i mean. >> that's he a great thing. >> rose: but i see you at baseball games. i didn't know you were that big baseball fan. >> baseball is the first sport my father introduced to me. as you know what is one of the things a father does with his son. toss the baseball. >> rose: or take to you the game. >> my father never took me to baseball games, he took me to knick games. >> rose: so that became the knick thing. >> yeah. >> rose: but in brooklyn you remember the dodger, don't you. >> no, no i was born-- i grew up, i got to confess, full disclosure, i grew up as a mets fan. >> rose: really? not a yankee fan. >> we hated the yankees growing up in brooklyn, my generation. the yankees of tom tress, stan bonson, horace clark, they were h

during a rally you can prepare for the bad days and the really bad days that will most likely be coming. the best time to adjust your portfolio is when stocks are ramping higher. you have to i approach a rally with caution, not unbridled enthusiasm. when the dow is up a couple hundred in a day i don't think, wow, this market is great. what a time to buy. no, i calm myself down, bite the heads off the bear toys on the desk i think about what i'm going to need if the market goes south. i also consider what you can do for your portfolio today, the day of the rally, that you couldn't do yesterday. the answer is selling, but not everything. that's nuts in all but the most dire situations. we believe in buying and selling stocks incrementally. it's something i teach you about in "real money." this is my show. i'm entitled to shameless self-promotion. it's not completely tasteless, is it? you want to sell in bigger increments to get the great prices while they last. i will go through the whole "mad money" playbook and explain what to sell, how to sell and why you're selling it. right now the b

then the bad weather rolls in. you know how they blow that horn out on the course. watch this guy here. his reaction. jumping up and down because the horn scared him. bad weather rolling in, third round of play suspended. rory, it has been awhile. vijay and adam scott close behind. just a couple of weeks ago woods falls ten spots in seven holes. you'll have to -- he will have to play 29 holes tomorrow. back to work the redskins practicing with a few less members of the team today. if there is one place washington can ill afford to lose bodies, it is on that big old offensive line. trent williams who injured his foot in thursday's game. against buffalo. silver back said he got stepped on. shouldn't be a concern. dr. mike shanahan calls it a bone bruise today. >> you are always disappointed when somebody goes down, but it is the nature of the game. that is why you need a little depth. but like we talked about at the beginning of the year, we got a few in the draft and a couple in free agency, got a little more depth a year ago. >>> a dmv student athlete is the first f

breaking down the numbers is lauren simonetti on the fox business network. >> this is bad news ahead of the big jobs report. unemployment rose in nearly 90 percent of large u.s. cities in june. many young people graduated from school with no process. unemployment rose in 332 large metro areas unchanged in 11. >> if you drive a toyota you have to listen up. >> recalling 778 rav-4 suv's from model year 2006 to 2011 and lexus hs 250 h sedan from 2010. they need to fix the suspension problem that can cause crashes. if the rear suspension nuts are not tightened properly they can rust and separate from the car. they have 9 minor injuries and 3 crashes. >>> i couldn't believe this last story. even an olympic victory comes with a price. >> yes. sometimes not a very good one. >> olympic medalists are not only taxed on the medal they cost 650 to make they collect 232 taxes on that. they are also taxed on their prize money what their country gives them. gold medalist is given 25,000 u.s. olympic committee and owes taxes based on 35 percent tax rate. silver medalists they owe more than 5200 in ta

when they were born, the knockout os, i mean he's an encyclopedia. >> how does he see the bad times, prison, the rape charges? >> he is in a very forgiving place now. >> rose: forgiving whom? >> himself and other people too. he's forgiven don king, which is hard to do. i mean but-- . >> rose: don king did what to him? >> well, they settled in court. but and words, mike tyson will say he robbed him blind. was charging him $6,000 a week for towels. that was-- . >> rose: $6,000 a week for towels. >> uh-huh tough business. >> it's tough. >> they say if he had lived this would never have happened. >> you know, i really try to-- i really try to stay out of the-- this game. >> rose: oh come on. >> i don't say if he would have missed the layup we would have had our first championship since 1972, '73. >> by the way, i saw-- on the plane the other day. he was great. >> yes. and hopefully he gets a head coaching job. >> rose: me too. >> people i know were going all around. >> you are going go there doing a one-man show-and-tell these stories and will be candid, it's going tooq@ be-- very few peo

any of that which got out would allow the bad guys to do identity theft, cause a lot of trouble, and can lose you a lot of money. i'm ray perlner, i work at the information technology laboratory at n.i.s.t., the national institute of standards and technology. n.i.s.t. has been setting standards in cryptography for over 25 years. so here is the crypto lab, and in here we do a variety of software testing on both encryption standards and operating systems and anything else that might be security-sensitive. here is an antique from 1980, older than i am. this implements the n.i.s.t. data encryption algorithm. we don't need this machine because any desktop pc can do the work that this used to do. because the algorithm implemented by this machine is a secret-key algorithm, in order to use it, you need sender and recipient to share a secret, which in general is not true of any two computers that you pick randomly communicating using the internet. this is where public-key cryptography comes in. public-key cryptography is a product of prime numbers, n=pq. in addition to n will be a puic exponen

as market watch columnist, that could be the bad news. ou with a great story and intriguing read about the flip side of good news, we live longer but we have to prepare for it? >> that's right. one of the problems we have in america today is the possibility that you will live past life expectancy or passed age 78. half the babyboomers, 40 million people will live past that and most people haven't saved enough. they don't anticipate to live 80 90 or even a hundred. most the experts i talked to you should plan you have a 95% chance of success. that lies part of the problem, what can you do to plan for that? the options are very few. you need to save more. you need to spend less now. you probably need to work a little bit longer because otherwise the worst case scenario you will live too long without enough money. having a lower standard of living is not any way to live in retirement. >> neil: when they do those tables where you plan your retirement you factor in your age how long you think you'll need that dough. a lot of people put in, very

or the bad news. and then he would say, what is it with you economists, the good news and bad news. then i would say i'm messing with you there is no bad news. >> eliot: maybe because you left all the bad news after you left. >> my heart couldn't take it. >> eliot: you lived through a tough, tough stretch. brought us back from the edge of economic cataclysm and i think everyone is indebted for what you did during this period and for that contribution. i want to turn serious. the jobs numbers were ambiguous what is your take on where we are right now? >> well, the first thing and i used to say when the numbers are good or bad, no matter what the numbers are, you never take one month's numbers as meaning anything because it's highly variable. the payroll numbers plus or minus 100,000. so it gives you an idea of what the margin of error is. the unemployment rate was 8.253%. and so that was rounded up to 8.3. the 163,000 was actually pretty solid. that was encouraging. you got to see more months like that