we publish a book every year, the best bets. there is not a single toyota or lexus that has been recalled -- that have been recalled that is the best bet. >> do other companies have similar problems like we have seen with toyota that consumers do not know about? >> every manufacturer has a problem. in terms of unintended acceleration, toyota is far and away -- they can't explain what goes wrong, and the government has done investigations with no for it -- floormat. it comes down to electronics. toyota hasn't gotten to the bottom of that, and it does not make sense. >> mark in new york, go ahead. >> am i on? >> you are, go ahead. go ahead with your question or comment. >> i wanted asked about the new cars they had today. i know they have in your bodies and they are small. but i want to know, how come they don't make any cars like he 225 -- the 225 that had the long bodies? . . >> you was on a dirt road, turning onto pavement and as he turned about 15 or 20 miles per hour, thankfully, he did not hit anything because there was nothi

we publish a book every year, the best bets.

the best bet is, if you don't have to be here, we've been telling you this all morning long, don't comed the convention center starting sunday night, monday or tuesday because, if do you come around here and you get stuck in one of those traffic roadblocks, one of the motorcades, the congestion, you just might regret it. live from the convention center, sherry ly, fox 5 news. back to you. >> thank you. >>> the man at the center of an air scare has to leave the united states today. but thanks to diplomatic immunity, he will not face any charges here. mohammed al modadi tried to sneak a cigarette in the path room on a flight from d.c. to denver. he got caught and police say he joked he had been trying to light his shoe on fire. the fighter jets were scramble and the president was notified. he will be sent home or to another country to serve as a diplomat. >>> some other top stories, police need your help finding a missing potomac man. this is rhode island yam henrehan, jr. the 86-year-old walk wade from the national naval center bethesda about 4:00 yesterday afternoon. >>> a 14-year-old b

for all those reasons, the best bet, i think, is we will see a moderate recovery. again, forecasting is not a precise business. >> we are making progress but have not achieved a total success te? what happens if the unemployment rate does not decline as the economy improves? >> that is a possible risk. we anticipate the unemployment rate is likely to decline relatively slowly. one factor is the pace of overall growth if growth is moderate, that will not quickly lower the unemployment rate. the second observation has to do with the rate of productivity. following the 2001 recession, productivity gains were significant which is a good thing generally but meant that firms are relatively slow in bringing workers back because they did not need to. we have seen remarkable productivity gains in last year or so. we do not anticipate that growth to continue at that rate going forward if it does, that may reduce the number of workers that firms need to bring back in order to meet demand there is the possibility that unemployment will stay stubbornly high, around 10%. if that

maybe at falls road, that is the best bet. oming this way and trying to get this way, that's the challenge today. each of us getting to work close to on time today. joel d smith, fox 45 morning news. >>> police are investigating a fatal overnight shooting. it happened at washington boulevard in bay yard street in south baltimore, at 12:30 this morning. there's no word on a suspect or a motive. >>> after numerous delays the trial for two men accused of killing a fellow inmate is scheduled to start today. matthew evans charged with stabbing and killing conaway more than four years ago. conaway was being held at the city detention center when he was stabbed. he died two days later. today jury selection is set to begin. >>> a woman is hit and killed by a car in rosedale. the woman was carrying a baby when she was hit. it happened on sunday afternoon on philadelphia road. that woman was taken to shock trauma where she was pronounced dead. the child was also taken to shock trauma but is still alive. there's no word on the baby's cond

the other side of the bet. >> it is a bet. the whole financial system at this moment in financial history is organizing itself around a bet, and the best are subprime mortgage loans. they are essentially just pools of loans. they are a bunch of people who borrowed money to buy a house, and are they going to pay off their loans or not? the vast majority of the people bet yes. some bet no. >> i am going to by a house. i go to a bank, and you sign on the dotted line. you owe them $100,000 to keep it simple. >> right. >> and then the next thing you hear, that mortgage has been sold. who does the bank sell it to? >> the simple step is they sell it to a wall street firm that pools it together with lots of other loans in a trust and then issues bonds offer the trust. so the money coming in from you to pay off your loan is now going to some bondholder, and he could be anywhere. it could be germany, japan or anywhere. he is the ultimate lender. so the ultimate lender is very far removed from the borrower. >> so it could be somebody at goldman-sachs? >> yes, very likely. >> if i were originally going to write checks to the bank, i am now writing

we publish a book every year, the best bets. there is not a single toyota or lexus that has been recalled -- that have been recalled that is the best bet. >> do other companies have similar problems like we have seen with toyota that consumers do not know about? >> every manufacturer has a problem. in terms of unintended acceleration, toyota is far and away -- they can't explain what goes wrong, and the government has done investigations with no for it -- floormat. it comes down to electronics. toyota hasn't gotten to the bottom of that, and it does not make sense. >> mark in new york, go ahead. >> am i on? >> you are, go ahead. go ahead with your question or comment. >> i wanted asked about the new cars they had today. i know they have in your bodies and they are small. but i want to know, how come they don't make any cars like he 225 -- the 225 that had the long bodies? . . >> the older single frame cars were too stiff. now it would transmit the crash into the occupants compartment. >> shairon in new york -- go ahead. >> in neb

care because he was told, you're not going to have as many democrats in congress the next time around. this is your best bet. use the momentum from the election. use your perceived mandate and the leadership position and move in before people energy trench themselves. this is the time when the media seem most interested. after a first year or so, media sort of have the view of the president and their story about the president and they fit a lot of things into the story and it's been played over and over again for three or 7 more years. host: steven wayne government pro ste sore from georgetown university. thank you for your time. we'll begin the show tomorrow with clark kent irving, homeland security inspector and donna edwards about her new role heading up the red to blue program targeting open house seats, gop seats considered vulnerable in 2010. after that we'll end with the president and ceo of the american association of homes and services for the aging to just talk about the so-called, class act of community living assistance services and support that. thanks for being with us this morning. we'll be b

and i think that's the best bet the democrats have this year. >> right.ut again, i don't think it will come to that. in the end, a lot of republicans will vote for this. i said the other day that i thought it was possible that mitch mcconnell would vote for it. and i still think that's possible. why they want to go through this pain of being seen on the wrong side of public opinion on this issue for more days and then end up voting for it and having the president get to have a big signing ceremony with chris dodd is beyond me. >> yeah. >> if you're a democrat, you want this to be the opposite of "field of dreams." >> right. >> instead of easing his pain, you want to enhance his pain. and her pain. and the republican party's pain. i would start moving the goalposts if i were democrats. again, i'm just speaking politically. because republicans have left themselves vulnerable. this is a key strategic opening for the democratic party. and if the democrats know what they're doing, they'll make this bill impossible for republicans to support. and they will driv

a lot of people have simply stayed out of the area and that's exactly the best bet for you if you works area. just take an alternative route. do something else beyond what you normally do because we have so many road closures in this area that it is just a mess. the security zone is very large. it's completely surrounding the convention center and continues on for a couple of blocks. we're talking major roads like new york avenue, massachusetts avenue. we have major disruptions in this area. people by and large, those seem to understand. we tked to a couple of folks this morning and they say they understand that security is necessary. >> it seems to be necessary these days. you don't mind? >> no. >> reporter: mount vernon square station the metro station is closed. it will be that way until 5:00 a.m. on wednesday. best best stay away from the convention center. back to you. >> good advice. >>> the summit is for world leaders to come up with a plan to keep nuclear weapons away from terrorist. president obama called at any time single biggest threat to u.s. security. he's met individuall

the service roadway is getting by ever so slowly. but it's jammed beginning before dale city. your best betuntil you're clear of the point of accident, then you can cut back over and continue up to i-95. again everything south of the accident scene, 95 northbound is blocked while authorities continue to sort out this crash. >>> let's see how we're doing, our little vacation from yesterday is over. we're loading up rapidly in search stretches of 270. travel lanes are open down to the split. out on the rails right now. reminder that the mount vernon station is still closed on metro rail. vre report nothing delays, marc rail, brunswick 874 behind schedule seven minutes at this hour. >>> president obama's nuclear security summit at the washington convention center is sb to enter its second and final day. leaders from 47 nations will take part in formal meetings about nuclear weapons. the goal to come up with a plan to lock away and cleanse the world of unsecured nuclear materials. yesterday major progress was made when ukraine announced it would get rid of its nuclear bomb-making materials. the

for all of those reasons, the best bet is a moderate recovery but again, forecasting is not a precise business. >> we are making progress but have not achieved a total success. what happens if the unemployment rate does not decline as the economy improves? >> that is it possible risk. we anticipate the unemployment rate is likely to decline relatively slowly and there are factors that will affect that. one is the pace of overall growth. if growth is moderate, that will not quickly lower the unemployment rate. secondly, the rate of productivity. following the 2001 recession, productivity gains were quite significant which is a good thing generally but meant firms were relatively slow in bringing workers back because they did not need to. we have seen remarkable productivity gains and not anticipate growth to continue at that rate going forward but if it does, that may reduce the number of workers that firms need to bring back to meet demand. there is a possibility. there is a possibility that unemployment will remain stubbornly high, around 10%. that would be a risk we were just discus

the consumer is doing better. for all of those reasons, i think our best bet is that we will see a moderate recovery. again, forecasting is not a precise business. >> so, we are making progress, but have not achieved total success. what happens, german bernanke, if the unemployment rate does not decline as the economy improves? >> that is the possible risk. we anticipate the unemployment rate is likely to decline relatively slowly. there are a couple of factors. one is the pace of overall growth. if growth is moderate, that will not quickly lower the unemployment rate. that is the first observation. the second has to do with the rate of productivity. following the 2001 recession, productivity gains were significant, which is generally a good thing. and then that firms were relatively slow at bringing workers back. -- it meant that firms were relatively slow at bringing workers back. we do not anticipate productivity growth will continue at that rate going forward. it does, that will reduce the number of workers at firms need to bring back to meet demand. there is a possibility -- i would not consider

designing and selling securities, telling your customers they're the best thing since sliced bread over here when at the same time you're betting against those securities because you think they're going to fail. that's a conflict of interest and it shouldn't be allowed. and the merkley-levin amendment will address that as well as strengthen proprietary trading. and i am very comfortable bringing that to the floor of this senate and having that debate. it may have a majority. it may not. but that is the type of debate we need to have on this floor. and i could go on through the treatment of derivatives, and i applaud my colleague, blanche lincoln. discussion of a consumer financial protection agency that provides the same fairness in financial contracts, as my colleague pointed out, that the consumer products commission provides in toasters, making sure the tricks and traps and scams are taken out of financial products. so that a consumer can make a fair choice without being misled by something hidden in the fine print. that's the type of options that citizens in this country want. well, now wall street plays a very important ro

she is the former chairwoman for the denver county republicans republican strategist mary smith joins us. actor director bet best known f his role on cheerson wrath lis berger is with us. we have another bowing picture of the president. the white house signs are don't expect america to be number one forever bob. american exceptionalism doesn't exist with this radical president. >> didn't start off that way did you. >> no. >> if you go back and look at the president pictures with the chinese prime minister with george bush with bill clinton and gw bush go all of the way back everybody boys. >> nobody goes around apologizing -- >> did he apologize for something? >> america is an arrogant country. his wife said america is a down right mean country in 2008. >> when the republicans are in power it's true. >> everybody know why they took the bust of winston churchill out of office? >> the first week. >> i have heard that happen but i don't know you guys are insiders. >> i don't know. >> explain the national security thing. i don't know. we are going to get hit with biochemical weapons or crippling cyber attack and no

didn't make a large directional bet on the housing market its proprietary trading operations profited handsomely in 2007 from betting against residential mortgages. >> the best number that we have is that they made about $3.7 billion. from shorts. okay? that's going short. >> now, in his testimony tomorrow goldman ceo lloyd blankfein will say he didn't have a massive short on housing, claims levin disputes with other executives who talk about a big short. levin wouldn't say if he thinks goldman did anything illegal, but his staff says all of this should raise a question for the future, that question being will it be necessary for potential investors to know the attitude and position of a placement agent like goldman before they do business with them? melissa, back to you. >> thank you very much, mary thompson. you know, levin makes a good point. we don't know if they did anything legally wrong. but still there's an overhang on this stock which cannot be denied because the technical case on the stock is very negative. even if you believe clients are not in fact leaving goldman sachs for any of these headline reasons. >> i don't think clients are leaving goldm

the corporate side that will diminish. >> be careful on that one. >> i would bet on that one, but the best thing you got going for you on that one, ned, there are a couple elections before the really dumb stuff. the anti-investment, anti-business stuff kicks in. it could be changed. joe, i want to ask you something, i want to cater to your, you know, cautious concerns. if, in fact, you get a near term v-shaped boom and i'm talking 4%, 5%, 6%. >> you already had it, larry. >> that's where i disagree. >> let me tell you what i think it is. >> let me ask you about the interest rate implications. let me ask you about a common thing. if the bond market is in a bubble as some major investors like bill gross thinks, what happens if interest rates go up and bond prices come crashing down. how will that impact the stock market? >> well, the math is it will negatively impact the stock market and it will negatively impact the financing market and it will raise the hurdle for business and you will march from a weak economy to a disastrous economy where the cost keeps rising because we have massive deficits with unfunded liabilities

you can bet a lot of people will be enjoying the sights because of the great weather. megan mcgrath joins us from the tidal basin with more. now is really the beste them. i bet youave no crowds and beautiful sunrise. >> reporter: now is a great time to see them. a lot of people plan their trip to come early in the morning because they miss the crowds and you get the beautiful effect of the sunlight as the sun begins to come up here and you get the reflections off the water and the monuments are all lit up so you can get some angles where you get the lit monuments and cherry blossoms. you can see things are starting to pick up at the tidal basin. wouldn't call it a huge crowd. nothing like what we'll see later today. we'll see people mill about. lots of folks with cameras. lots of families coming down here to take a look at these beautiful blossoms. we're past the peak bloom day but i'll tell you you have to be an expert to figure that out. there are blooms galore down here and people are enjoying them. >>it's breathtaking. if you haven't seen them before i encourage everyone to get down here and see this. it's a work of god. >> i think it's beau

s john paulson wasn't john paulson, wasn't the famous super-successful guy that bet against the housing bubble. in fact in michael lewis' best-selling books, he quotes goldman sachs people saying paulson was a third-rate hedge fund manager. so given the fact that he wasn't paulson, what do you think goldman sachs was afraid of? why didn't they -- as they structured this portfolio in what are they hiding? >> that's what i'd like to know. why not reveal all this information? don't you think investors have a right to know that paulson is taking a short position and had he a role in selecting they products? it's a real serious question of materiality here. >> ron, what's your question? >> i think he raised a good question in his own statement -- >> you mean brad sherman? >> correct. the s.e.c.'s complaint is a story. it represents the strongest kay the s.e.c. has. whether it's a balanced story, we don't know yet. we have to wait for the facts to unfold. i'm curious to see what notes it has in the research. yes, paulson had an influence, but i don't know yet. i'd like to understand the research that aca conducted. >> aca, who wen

let's say the best way to play that short, to bet again those funds that owned tech, was to create a sket like this that was made up of actual tech mutual funds, and the funds endorsed it, they didn't fight it. was there fraud in putting that basket together? oh, i don't think so. in fact, the bet against tech would have actually gone bad two months later, as incredibly, when i know very few people thought the nasdaq gained another couple thousand points, like lightning, and it was only after that run that it collapsed. housing was like that, too. exactly like that going into 2007. enjoying an incredible run that most thought was totally sustainable. we now in hindsight say what a bunch of jokers, those guys that owned the tech mutual funds in 1999 going into 2000. but before the dotcom crash these people were making money hand over fist, more than i'd ever seen in my life. just as the german bank thought it would back in 2007, when few believed that housing would collapse. this was a great piece of paper if you thought that housing was going to be sustainable. remember, only now do w

the family. it changes everything for them. i personally think that your best bet is for people, whether they are viscerally for or against this, to actually see it, see how it works in real people's lives. i think that would change things. i don't think he should give up on this. who would have thought that jesse helms would have supported the global debt relief initiative in 2000? who would have thought that by the time president bush timepepbar that we would have had everyone in the world on the bandwagon? is important to keep working at it. most people who talk about family planning have never seen it in operation on the ground on site. >> thank you so much for being here. i appreciate the work that both of you continue to do for the benefit of all humanity. mr. president, i agree completely when you talk about vaccinations. they are cheap and they work. i appreciate what you said, they must be invited in and you must have measurable results. i agree with the integrated approach to care. i saw as an orthopedic surgeon how important that is, early detection, pre

the configuration. they have not done it yet and as a result that's not going to be much o a relief for you. route 1 is your best bet as an alternate. down along the mall, a lot of folks out and about. we're moving along pretty well. most of the roads along the tidal basin seem to be moving along pretty well. watch out for pedestrians if you plan on heading down there. back to you. >> all right, jerry. thank you. >>> at least one university of maryland basketball player will be making the the journey to the final four this week. eric hayes, a senior on the team, will be competing in the college slam dunk and three-point championships. haynes takes part in the three-point competition because he's so good at it. the senior ranks fourth of all time in three-point accuracy, three-pointers made at maryland. he is the biggest ever. the competition is tonight at 9:00 p.m. >>> and still ahead on midmy, some popular brand names are involved in april fools' day pranks we'll tell you about them. and hidden dangers for your pets. even sugarless gum could put your four-legged friend at risk. >>> and take time to smell the flower

the nature of venture capital. i can go to africa and start making best bets. the next player we need to strip out the friction from is the legal area. it is more complicated with copyrights but part of it is mapping it out. it gets easier once you lower the friction and lower the cost. i do think once you lower the cost and go to scale, like i was in beirut and this is a car made where a kid then said you could send your phone plug into and i was thinking about people being able to text money to each other, and there is such a correlation and there are so many people. >> i agree with you, because what you're saying is as we hit obstacles like the intellectual property rights like the patent system, we push them back, because those innovations will not scale, unless you can start to remove the obstacles. that's why i think what you are doing is really important. there are a lot of innovative capabilities. the reason a lot of maces are still poor is that there are a lot of obstacles. some of them are political and some of them are institutional. >> in dubai, you

>>> let's welcome back the "squawk" man of the morning, general growth, his best bets and latest targets for the next two hours. imagine being at thirty thousand feet with a plane full of kids. and you have a heart attack. that's what happened to me. i'm on an aspirin regimen now. my doctor told me it's the easiest preventative thing you can do. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. see your doctor. simple. >>> ford just out. phil lebeau is in michigan with the numbers. >> reporter: no surprise. a much better number than wall street was expecting. a profit of 46 cent a share. the street was expecting 31 cent a share. roughly $2 billion in profit. the revenue will be light of the estimate on wall street coming in at just over $28 billion. wall street was expecting a little over $30 billion. by the way, that's a $3.7 billion improvement from the first quarter of 2009. ford changing its guidance for all of 2010. in the past it has been saying it expects to be profitable in 2010. company saying it expects to be solidly profitable. in north ame

the family. it changes everything for them. so i personally think that your best bet is for people, whether they are viscerally for this or against it, to actually see it, see how it works in real people's lives. i think that would change things. and i don't think you should give up on this. who would have thought that jesse helms would have supported the global debt relief in 2000? i think it is very important to keep working at it. believe me, most people who talk about family planning have never seen it in operation on the ground, on-site. >> thank you. >> senator brasso. >> thank you for being here. i appreciate the work that both of you continue to do for the benefit of all humanity. mr. president, i agree with you completely when you talk about vaccines. they are cheap and they work. and i agree with recruiting, training and keeping health care providers, whether physicians or nurse practitioners. and i agree that you must be invited in, and they must have a plan and have measurable results. i saw in my 25 years as an orthopedic surgeon how important though thin

the crowds out there this weekend? >> holly will show us why your best bet may to be catch a ride with d.c.'s harbor cruises. eautiful morning for a cruise. we'll check in with her when we come back. we go through them all the time. doors that mark the day's events. new beginnings. endings. routines. revealing the stories and dramas -- the victories and challenges -- that help us go through new doors of our own. be part of the story. colonial williamsburg. >>> good morning. i'm holly morris. happy friday to you and what a beautiful friday it will be. what a beautiful weekend it will be. the perfect time for you to get out, see the cherry blossoms, maybe go out and see the monuments anmemorials and you have family in town. if you are thinking i've done all this every which way you can, think again. there is a new sight seeing opportunity for you. it is kicking off this weekend. it is called d.c. harbor crews. you hop on board the patriot two and you will see the nation's capital from a different perfective than you ever have before. we'll hop on board and take a tour of the boat. we'll talk to them about this

it looks to me like your best bets to join you besides the two senators from maine, are people leaving politics. why is that? do you you have to be on your way out to do the right thing? i'm being serious here. i'm looking, voinovich, he's thinking of becoming a -- judd d gregg. you know, these guys look like kit bond, at least three of these guys are leaving. is that why they want to do the right thing? they want to look good on the way out the door? >> no, judd gregg and i worked on issues over tile. and kit bond and i wrote the family medical leave together. george voinovich. these are decent good people. and there are other people as well. richard shelby and i worked together, we met the other night to work on this some more. the door is open to get a compromise on the bill, if we can. i'm not interested in just scoring points, i'm interested in writing a good bill. this is not about washington. it's about the $8.5 million who have lost their jobs and seven million who have lost their homes. the millions who watched their retirement accounts evaporate overnight because of the trick

the best interest of our country, but in the financial sector. >> they tougher rules would mean a new agency to regulate consumer loans like credit cards. the controversial derivatives markets where profits comes from betting on products seems open to scrutiny, making sure the financial industry foots the bill when they get into trouble. at the nyse, some i agree with the president that the financial industry should stop lobbying to kill the bill. >> we have all lost a lot of money. we were all put at risk. nobody wants to go back there. >> this statue celebrates what they love, a bull market. republicans have a dilemma. they know opposing rules may be unpopular, but thinks the president's words are nonsense. >> we don't want to throw [unintelligible] this is the most important industry for new york city, the financial industry. it can very easily move to hong kong or london. >> this may be the engine room of the american economy, but these people are not too popular. president obama [unintelligible] are you with the american people or the people? >> also in washington, our correspondent assessing the impact of the president's speech. >> over the last five u.s. what do youef's -- make of president obama's

that is its best selling product, bringing in 60 cents of every dollar in revenue. the news was better from the betting business. casino stocks were running higher as the action on the las vegas strip may be coming back to life. boyd gaming led the pack. it has three properties in downtown vegas. mgm has a bigger presence on the strip itself, along with las vegas sands and wynn. those three all hit new highs. they also have been climbing in recent weeks, thanks to a rebound of gaming in macau, china, where they also operate casinos. and that's tonight's market focus. >> susie: you get laid off. what's next? some people are looking for help by visiting their broker. not their stock broker, but their business broker. for many white-collar and blue- collar folks, buying a business is an alternative to hitting the want ads. and as jeff yastine reports, that's why business brokers are seeing a lot of business themselves these days. >> yastine: when chad simon goes to work, he's concentrating on just one thing-- he's in "the zone." yes... the popcorn zone. >> i never dreamed i would be doing this business, n

and whether or not, in fact, they were betting against the ultimate buyer of this structured product. >> that's a very good description. >> complicated. >> the best i've heard. but, sunny, you're a former prosecutor, you've worked on security cases like this. now these e-mails have surfaced. that's new, as joe johns pointed out, in which goldman executives essentially acknowledged betting against the real estate bubble. i mean, is that illegal? is it amoral? how damaging is this? >> well, it certainly looks fraudulent. and i think that's really what the bottom line is. everyone says this is a very complicated case for the s.e.c.. it really isn't. when you do something like this, you sell junk to investors and you tell them it's something else, it's just either material omission, you didn't say it, or just plain vanilla fraud. so i really don't think that this is a difficult case for the s.e.c. and another thing is, the prosecutor that is the head of the enforcement division now at the s.e.c. is a former federal prosecutor out of the southern district who has prosecuted organized crime cases, he was the lead prosecutor for the blind sheik terroris

and it is done pretty much shot me sectarian basis the best candidate is not always win but to fka occurred becomes head of the foreign ministry you can bet that most of the people that have that jobs will all the kurds and where do we fit? how do we support our families so on a very basic level they want to know that second, who will fix all of these houses? will anybody talk about that? will at the it discussed? will there be many that we get to if we come back? the government offered $800 but they ran out of money last year and there were ngos document saying how much people got and only 10% of the people that returned the money because they stopped coming back because you need a pot of money to get started again. they have specific issues they are watching for the specific policies before they make a decision because they understand once you go back you cannot get out again. >> host: what are we going to see as the political jockeying unfold? we talk about the refugees and what they will look for what will the surrounding country is look for and what alliances can we expect? something we saw right before the election was being invited

and i would hope his vision would include a new commitment to the constellation program which remains america's best bet to ensure america's continued leadership in human space exploration. and fourth, i would hope that he would make a budget request that will fund this vision and that it will carefully be aligned with this exploration plan. madam president, just yesterday, a number of american heroes made clear what a vision for american space flight should look like. more than two dozen former astronauts and flight directors, as well as a former nasa administrator, wrote an open letter to the president. they wrote in part -- "america's greatness lies in her people. she will always have men and women willing to ride rockets into the heavens. america's challenge is to match their bravery and acceptance of risk with specific plans and goals worthy of their commitment. nasa must continue to be at the fronteers of human space exploration in order to develop the technology and set the standards of excellence that will enable commercial space ventures to eventually succeed." i hope president obama listens to

the best candidate does not always win. if let's say a kurd becomes the head of the foreign ministry, you can pretty much bet that most of the people who have those jobs in that ministry are all kurds and i think what sunnis need to see is, where do we fit? how can we get jobs? how do we form support our families, so on a very basic level they want to know that. the second thing they want to know is who is going to fix all these houses that are in dispute? how are we going to get our houses back? is anybody going to talk about that? is that going to be discussed in parliament? is the army going to work harder on that? if they are going to be money that we actually get if we come back. the government had offered $800 but they ran out of money last year nobody got it and there were ngo's who were documenting how much people got in only 10% of the returnees got that money was meant the return he stopped coming back because you need a pot of money to get started again. so they do have specific issues, and both they and the internally displaced are watching for the specific kinds of policies before they really make a decision, be

the soon to be best-seller "good-bye gordon gekk oechlt." good-bye, anthony. >> that should be a best-seller already. i bet it is. t's get there. >> no, it's a fantastic book, i'm told. right, gary? you read it. >> it is. i think i'm mentioned in the book. >> that's why it's so great. >> i can't comment. >> all right. let's move on to headline number two here. amazon to amaze. at least that is the verdict of the top fundamental chart and options gurus on the street. take a look at tonight's "fast money" 360. >> with amazon, yes, we're buyers into the print. we like the fundamentals here. we think the earnings could prove to be a modest catalyst. the street estimates for 60 cents seem reasonable. there's an overhang issue here that we think has been exaggerated although we think it's real but we think it's been exaggerated related to apple and the ipad. we think the core fundamentals for amazon are well intact. we think the long thesis is well intact. we're buyers. >> we're going to look at amazon now. amazon's been a favorite of ours at wjb for a long time. we've had it on our focus list, so to speak, since last s

the very day that he had bet against. it's a remarkable to my roots impressive, it is impressive as an investor, and i see all the time the bestnvestors have almost this way of looking at the port for the. they don't fall in love with investments which is what the average investor often guns. someone told me that you don't want to be married to these kinds of people. they can kind of separate and not get tied up in most. it's not that john paulson doesn't want to be married. he's a good father and it has been, until. budget will fall in love with the porsche oil and togetherness to make for some nsa want to be friends with. but it is a great investing trade not to be so emotionally involved and invested as it were in your portfolio. the going for the jugular and not kind of falling in love with your investment. those are sort of some of the themes that i picked up from these investors and been impressive to me. i was just going to segue just a bit to why, what this kind of investors are doing now. and the biggest trade, there've been to ask the. won his gold string. so in late 2008 as things are melting down and we are throwin

the very banks that he had bet against. and it's remarkable. it is impressive as an investor and i see it all the time with the best investors.hey've got this impersonal kind of way of looking at their portfolio. they don't fall in love with their investments, which is what the average investor often does. someone told me you don't want to be married to these kind of people. they can kind of separate and not get tied up emotionally. it's not to say john paulson you don't want to be married to. probably a good person to be married to. is a good father and a husband. i'm told. but you don't -- but you don't fall in love with the portfolio. and it doesn't necessarily make for someone you would necessarily want to be friends with but it's a great investment in trade not to be so emotionally involved and invested as it were in your portfolio. so going for the juggler and not kind of falling in love with your investment. those are sort of some of the themes that i kind of picked up from these investors and been impressive to me. i was just going to segue a little bit to what these kind of investors are doing now. the biggest trade

. >>> not many people bet that sarah palin would fade away after the election. she didn't. >> let's empower states to find the bestions. they need flexibilities. they need respect for the 10th amendment too. they need the flexibility to see what looks best but shoot, look at texas. i said shoot. i'm sorry. >> sh >> she is a politician that crossed into the celebrity zone. creating her own public space with maximum exposure. she has a lucrative and safe role as a fox news commentator. she has put her brand on real american stories, tales of trials and triumph thumbs' down from the eastern media. "the new york times" says her performance was as cheery and bland as any news anchors in the mainstream media she deplores. give it five minutes and it will evaporate flight front of your eyes says "time" magazine. the normal fox news has reported to have doubled. she plans to host eight specials an sarah palin's alaska for discoveries tlc channel. scripted, safe. to her appearance before adoring party activists, anxious to get her autograph and feed off her electricity. does palin need the party as much as the party needs

the bill seeks to curb excesses on wall street and protect taxpayers from future bailouts. goldman sachs mounts its best defense against allegations that it betainst customers in the housing market meltdown. documents released ahead of a senate hearing tomorrow, goldman says it actually lost money during the time when it was reducing its exposure to subprime. but internal e-mails released by the senate panel paint a different picture showing executives made money by shorting mortgage products that they sold to clients. goldman ceo lloyd blankfein testifies at the hearing tomorrow. >>> the new york times takes on the "wall street journal's" invapgs of its home turf. reports say the paper is in talks to launch regional editions in five markets. this comes the same day as the new york edition hits news stands. the times has local editions in san francisco and chicago adding two pages of local content a few days a week. let the war began. >> courtney reagan, thank you. >> thank you. >>> let's get a look at the forecast now. tom joins us once again in the studio. we have cloudy skyless out there. staying with us most of the day? >> still overcast.

the goods. i should look at this myself. i've actually never been able to get anything. there has to be a bet twir grab the prize. we think one toddler has come up with the best way. we'll look at this shot. fthe kid is crawling into the machi machine. look, he's inside the machine. oh, i better put the drink down and the kid is picking all the toys he wants. i love this. then they pull him out. oh, well. i hope he at least got a couple toys when he left. and mom yanks him out. kids, do not try this at home. could be dangerous. >> hazardous. >> adults, do not try this at home. joe, thanks very much for everything. we'll have more news at the top of the hour. be right back. >>> tonight in all this week, special reports on the church of scientology. allegations of former insiders that the church's top leadership condoned, encouraged and even committed acts of violence. denials just as vigorous from the church itself and blaming it on those insiders. two starkly different versions and only one can be the truth. someone is lying. first coming forward last year in the st. petersburg times with allegations of abuse against church leader, david miscavige, marty rath

betting against them. >> simon, i've got a list of the banks that were the biggest and best at creating these types of instruments. merrill lynch stands at the top of the list no one put out more crap like like this than they did ubs right behind them. goldman sachs pretty far down the list at number nine. should we be investigating those firms? >> of course we should be. gretchen is absolutely right. but of course one of the push-backs that we're hearing, a little bit behind the scenes, is if you mess with the banks, this is actually jamie diamond's line in public, if you mess with the banks, if you demonize us, this will disrupt credit and you won't get your economic recovery and you won't get your jobs back. the size of the banks gives them an unbelievable hold over all dimensions of public policy. it's kind of scary. >> how do you address too big to fail? >> you have to break up the big banks. there's no other way around it. think this was an amendment. i'm speaking to you from the senate russell office building, i think there's going to be amgdments pushing for a hard and realistic sellsible size cap on the

virginia, southern washington county, your best bet is to get out of that mobile home and get into a low-lying area away from there and stay in a safe place for at least the next 15 to 30 minutes as this storm is racing 06 to the northeast at about 40 miles per hour. there you can see the live picture here. storm just off to the northwest of downtown charles town, west virginia. i'll zoom in just a little bit closer here so you can get a better sense where where we're talking about here. just up to the west of bolivar near bardane. just up to the south of johnstown in west virginia, just to the west of browns corner. this is all headed up here in this direction. up towards southern washington county in the state of maryland. so we'll keep you posted on this. but for now, that's the tornado warning. southern washington, western fredrick, those are in maryland, northern jefferson and southern berkley in west virginia. the warning goes until 6:15. everyone else remains under a severe thunderstorm watch. that goes until 11:00. more details as they become available. craig, back in to you. >> all right, we'll come back to you in a few minutes. thanks, chuck. >>

the senate subcommittee, are mortgage-backed investments that goldman sold a lot in and eventually lost faith in and made a lot of money betting against. some have called the apparent conflict of interest unseemly at bestt at worst. here's how democratic senator claire mccaskill put it -- >> all of you were loving life. you were chasing each other. what you worried about most was a bad article in "the wall street journal" not a regulator. you were chasing compensation. you were chasing your colleagues and other investment banks. and you were trying to make a killing. but let me just tell you, you think it's so complicated and you think you're so smart, any street gambler would never place a bet with a bookie or a house with the record that is revealed in the documents that this committee has gathered. >>> now, goldman for its part said it didn't mislead anybody, and by the way, it lost more than a billion dollars on its own housing-backed investments. we expect to hear soon from ceo lloyd blankfein, but in his prepared testimony he says, i'm quoting, we didn't have a massive short against the housing market and we certainly did not bet against our clients. >>> christine romans is with me in town for th

. ♪ >>> not many people bet that sarah palin would fade away after the election, and she didn't. >> let's empower states to find the besthey need flexibility, that's what they need. they need respect for the tenth amendment too, but they need the flexibility to see what works best. and shoot, look at texas -- i said "shoot," i'm sorry. >> reporter: she's a politician who crossed into the celebrity zone, making gobs of money, creating her own public space with maximum exposure and minimum risk. she has a lucrative and safe role as a fox news commentator. >> because in america, anything is possible. >> reporter: she has put her brand on "real american stories: tales of triumph." thumbs down from the eastern media. "the new york times" says her performance was as cheery and bland as any news anchors in the mainstream media she deplores. give it five minutes and it'll evaporate right in front of your eyes, said "time" magazine. the audience has doubled in the time slot. she also plans to host eight specials on sarah palin's alaska for discovery's tlc channel, scripted, safe. so, too, her appearance here in new orleans befor

the top 2009 hedge fund incomes. at number four, a guy named john paulson made $2.3 billion this past year. best known for bettinggainst subprime mortgages. well before people realized they were ticking time bombs. at number three, james simons, a mathematician, this guy got a ph.d. from uc berkeley at age 23. he made it by mathematics, i guess. the runner-up spot a familiar game, mr. george soros, he's still got $3.3 billion in hedge fund income last year. get these numbers, billion. so who earned the top money? >> a guy named david pepper with $4 billion, with nine zeros. he bet big in fall 2008 that the government would prop up wall street with taxpayer money. that was his bet. david pepper, the top hedge fund earner with $4 billion in income last year. not saying it's earned, but he's got it. i'm going to have to something to say about this kind of money in our so-called free enterprise system. which we nicely call free enterprise. >>> up next, get ready to be outraged, the father of a fallen marine who sued a vulgar, anti-gay church group that protested his son's funeral, he's been ordered to pay the church

continue to be the best-performing relative performance names in a rising interest rate environment. >> that's the fundamental view. now let's get some "options action" to place your betsand if you like hype up the returns or the losses potentially. mike khouw joins us from cantor fitzgerald, who's been watching target in particular, i believe, mike. >> that's right. we were looking at target today. the april 55 calls were particularly active, obviously, as they were saying results coming out tomorrow. and this was some bullish activity that we were seeing there. we actually were seeing some bullish activity across the space generally. i think this is an attractive time to take a look at options partially because of one of the things karen just pointed out. this is a space that some people might view it as slightly stretched here. also we were noticing that obviously as volatility's come out of the market the prices of options have declined. and a quick point to something tim had mentioned earlier is that one of the things we're looking at is despite the fact that volatility has gotten so low the reason we haven't seen the prices go so much higher is because the market

best for michigan. we tried get her on the show. we invited her to the bookstore and her people said this is not a good week for her. >> sean: i bet it'sod week for her. barack obama said i turned down my invitation also. what is up? i'm beginning to get a complex. >> michigan you. [ applause ] >> sean: thank you. welcome, thanks for being with us. >> thank you. >> sean: let not your heart be troubled. when we come back, our great, great, great american panel, next. [ applause ] [ male announcer bobbsinclair. trugreen's taught me a lot. like how every lawn is different. some people want a place to play... others, a place to chill. yo, b. but i've learned from trugreen if you treat every lawn special, the sky's the limit. i'm gonna go public next summer. what's crackin, baby?! bobby! [ male announcer ] call 877-trugreen and get a customized plan for a healthy, green lawn, guaranteed. best lesson i've learned? mow on sunny days. lawn's looking good, bobby. my pleasure...ally. [ male announcer ] trugreengo greener. my pleasure...ally. ♪ [ male announcer ] try fixodent with the time-released formula. use just once per day for dawn-to-dark

laughter]te >> i'll say four.t i will bradford is gone, clausen, andis you bet colt is, all he does is e.n. and, tim tebow is the besthanded quarterback to enter, since you. he's in there. >> this is the year, they will always drive this league, we le. just talked about b another issue toon you know you'll draft them. you will force them into the aybe theynd, m shouldn't be.t. but, there will be guys, that te are in love, just enough, no ont cares, other than where tebow is going. that's what they want to know. where is he going? there are teams, that believe, that he can come in and play foc them now. who is going to take that risk? >> the question is going to be, if you draft a guy, in the first-round, and jerry jones may not have stated it, but when iso he going to get on the field? gg h-back? is tight-end? it at quarterback?-b that is wachat america wants toe find out. thether other quarterbacks, go where will gont to go. they want to know if he can play.l >> he's a winner. kno >> he's a great kid. >> he's ate lefty.eague. >> that's what we care about. we [laughter] >> he can also double as a also relief-pitcher.