also when the clock strikes midnight tonight the united states post office will default on billions of dollars it goes to the treasury department by republicans to thank for this is stuart default are we witnessing the death of this is stuart institution and later first he took on big sugar now he's taking on big baby formula should new york city mayor michael bloomberg and the rest of the government be trying to regulate the breast feeding habits of women i think so a debate coming up later in the show. and we begin tonight with the state of texas which is poised to send one of the most radical tea party politicians in america to the united states senate on tuesday the guy on the left here ted cruz the former solicitor general of texas defeated the guy on the right stablish republican candidate lieutenant governor david do hearst for the republican party's nominee nomination for the u.s. senate and given how red of a state texas is cruz is virtually guaranteed to go on and win the general election in no. bever cruz was once a long shot in the race but the his victory was eased carried

netflix, which are sent to the post office. with the economic collapse of 2008 or businesses use the postal service less, the postal service would still be ok. it is the congressional mandates. we're talking about 2006, but we're not going back to 1971 when the postal service was formed after the great postal strike of 1970, and postal workers got collective bargaining. what happened then is the postal service had to pay into the employee's a pension -- pay into the employees' pensions. there was a study done in 2009 service hadpostal overpaid 7 $5 billion. in 2010, the regulatory commission commissioned their own study that said, it was only between $50,000,000,000.59999847412 dollars. in addition to the overpayments since 2006 into the future retirees' health benefits, they have overpaid into the pension funds for decades. the postal service has been a cash cow for the government, not vice versa. >> last week, peter orszag, the former obama administration, office of management and budget director, wrote an opinion piece for b

office recording massive deficits her job and the can in post office could be going away the post office's plan could reduce hours and possibly close 13,000 or a post offices including canyon >>> i received a letter saying that the job until 2014 september that is the way the post office is going >>> i understand the financial realities but this isn't like your typical post office this is the community center >>> the people say their post offices more than a place to pick up mail it is a meeting place where emergency responders organized there is a pay phone to save their post office canyon residents of started a publicity and letter- writing campaign. >>> if we lost her it would be like the center of the town became a ghost town >>> and representatives from the u.s. postal service will meet with residents next month and learned the proposed options for the can get post office reporting in canyon lisa washington cbs 5 >>> you want them to save their post office. >>> dave stoelk one of our eye on the bay guys produced a special on canyon a bit you can find at cbs s f dot com it is cool and

john: did you go to the post office website? we do. e then franklin was appointed the first postmaster the post office has grown and changed with america. patriotic. it has grown so much it loses billions of tax dollars. change for america? not so much. it is a government monopoly they don't change your innovate like president -- the president. that is in the constitution but it says they shall have the power to establish and does not say government must deliver the mail. so why are we still losing money with the mail business? make the country have been on the board six years? we're losing billions of dollars. >> note taxpayer dollars have been lost. note taxed funds go. >> where do you get the money? >> services. we do have lost and the taxpayer could be at risk. so it is correct. innovation is the hallmark. we have reduced the work force by 250,000. it is a business. john: then you would fire workers of their is not enough for. >> granted we are like the government to be compassionate with attrition with limited flexibility. the boar

used to work at the post office. now i'm retired and i spend most of my time reading the newspaper and playing chess. ah, chess. in my younger years i was champion of my entire school ! well, let's see how much you remember. no problem. i will clean this up right away. - who is that guy ? - that's jamal. he works for me part-time as a handyman. doesn't look very handy from where i'm sitting. he is actually an engineer, - but he was laid off from his job. - your move. mr. brashov, will you take a look at this, please ? uh, yes. excuse me, please. all right, but it's your move. jamal. - could you make a move for me, please ? - all right, mr. brashov. - are you sure you want to do that ? - that will be fine. - it's all yours. - thank you. - tough break, losing your job. - yes. but i am lucky i have mr. brashov to help me out. so how does an unemployed engineer end up working at a restaurant ? when mr. brashov was new in this country, my great-uncle was his landlord. he helped mr. brashov a lot. very nice. now i am new in

your ticketd to get the post office before to your car. customers were aggravated by the of parking. let's see what is happening with e moving. ar >> we are seeing delays on the cameras at 395 and washington boulevard. an accident is blocking the left lane. for the southbound delays on 95 parkway andcounty william parkway as you work your way to work quantico. the beltway loop of the dulles toll road to the spur. delays as he worked as old georgetown road heading toward hampshire ave. , if you look to right, that is the local gettingwling toward montgomery village avenue. additional delays past her early toward 195 highet's down. -- hyattstown. >> things are still really different after last year's east coast earthquake. withthey are dealing fiscal year. year.s school the toughest jobs in the world. parenting is special needs child. you a place local calling a life saver. the post office is nearing a deal that could add millions of to the bottom line. newspapers [ male announcer ] you paid in to medicare for years. every paycheck. now, when

what happens to the post office? >> well, in this case, nothing because these are moneys that won't be drawn upon for several years. the real threat to the post office is what you touched upon, the operating losses. they are expecting to run out of money. the money they use to pay salaries. the money they use to pay for gasoline to keep the fleet of postal vehicles running. they run out of money in october. there is no plan in place, at least from congress, to help continue funding them. they don't receive taxpayer dollars now. they are drawing up a contingency plan at the post office but nobody has a sure fire way to keep things running without some kind of funding. >> shepard: adam shapiro new york city. thanks. the president says a new report shows governor romney's tax cut plan would actually cost middle class families thousands of dollars. of course, governor romney's aides claim there is a problem with that report. and now that the governor is back in the united states, staffers say he is getting ready to go bac

ben hired me in 1966 for "the post." then for four years or so, i try to start a newspaper, which failed, but it was a great experience. then i was the executive editor of the new republic for several years. then marty came along and i came back to the post. host: i have a stack of your columns from the last three- four months. before i read some of this, what you consider your beat? call: i think it's what i national security, but it is the pentagon and the not just ntelligence agencies, ca, etia, but the hill and the public at large. it is spread all over the place. i'm focused on national security. host: when did you start law school? guest: i start of law school in 1992 -- i started law school. no i started in 1995. host: why? guest: ben bradley and kay graham both retired at 70 at "the post." both of my parents lived to 95. my father ran a company, and he retired at 62 and lived for 33 more years. and so i figured i had after 70 a lot of years left. i had cover the law a lot. i liked the law. i have a lot of friends

my wife works for the post office. capital goes in, strips company of their funds, filed bankruptcy and blah blah. if you look at what the public has been doing for some time with these large funds, the senate or the congress made the post office to refund their pension plans -- pre-fund their pension plans, something no corporation has to do but them. now, when we start to talk about privatization, that means republicans want to strip that money. they have been doing this since reagan was in office. they got these companies, and that is what they are trying to do. they know they have the money there. that is why they are operating at a loss. host: you are a key issue of privatization, and a follow-up from peter, "i recently went to a ups/federal express store, and were many times more expensive for my package." this follow up on the issue of privatization? guest: would you like me to respond to damien's points regarding privatization? there were a couple of useful things he pointed out. one, he is referring to a provi

you know how difficult it is to reverse the headlines of the "new york post." at happens all the time. sandra: i a wondering what his intent was. was that the money or him trying to get his name back in the spotlight and back into hollywood? >> if you look at his website, it's all about him. sandra: he is all about the pictures. >> he wants to be a player in the main guy and he is obviously one with mental problems. sandra: did people actually get the money? >> we do not know the. sandra: we would not nonactive. >> my educated answer is yes, they did. nothing like this where i'm going to kill you and here is the money -- but something like, i know a personal thing about you and i know you don't want to be in trouble illegally, but you are a public person and unless you give me dollars, i will say something. sometimes, it is good to cut a check and a confidentiality agreement in return. sandra: will have interim. >> he will go to jail for a long time. and he should. because we cannot tolerate this kind of behavior. sandra: the maximum sentence is 40 years for thi

offices and post roads. we have the boston post road and result of that clause. i do not think anyone would begrudge congress that power. of course, that clause does not mean that it has to be provided through a government-owned monopoly, which is another issue we have not really discussed, steve. the postal service continues to have a monopoly over the delivery of anything described as a letter within certain size and weight limitations that are better defined in the 2006 act. the clause regarding the postal powers does not restrict. i do not think anyone believes it restricts us to a particular organizational firm to deliver those services, nor should it. congress should be able to adapt the organizational form, just like it did in 1970 when it created the postal service. it should be able to adapt the modern organizational form to the realities of the communications marketplace. one thing i will note, in the with the postal service has lost $5.20 billion in its current quarter, more it lost in the same quarter the ye

your typical post office this is the community center of canyon. eta they say their post office is much more than a place to pick up mail it's a meeting place for emergency responders organize and even a pay phone to save their post office and postmaster tromp's the residents of started a publicity and letter-writing campaign. " if we lost through be the center of the town becoming a ghost town would be vacant. >>> representatives and the postal service will meet with the canyon residents next month when they will learn the proposed option options reporting in the canyon. >>> seven minutes after eight and they're going to bat one last time petaluma game vs. penn mott is under way right now. >>> decide whether the big week for mitt romney are political expert talked about what to expect out of tampa. >>> a dramatic video coming up. >>> the number of things happening this weekend for the bay area expecting a cool day today with lots of cloud cover along with shoreline than warming up tomorrow with the details coming up. ,,,,,,,,,,,,,, at bank of ameri

and there you have it, the post position line up. age of 'the arlington million' this saturday starting at 5 pm centeral on wgn-tv chicago and wgn america.... with an encore on cltv at 8pm central. in medical watch.. a chemical found in some antibacterial soaps and similar products can obstruct muscle contractions. scientists studied the chemical "triclosan" to assess its effects on muscle activity in mice and fish. the researchers report at a cellular level, "triclosan" can slow a fish's swimming abilities and reduce muscle strength in mice. "triclosan" is found in some soaps, deoderants, mouth washes toothpaste, trash bags and other producrts. most hand sanitizers do *not* contain "triclosan". about four million "bumbo baby seats" are being voluntarily recalled after injuries to babies. in the last five years, at least 50 incidents have been reported in which babies fell while the molded foam seat was on a raised surface. 19 of those babies had skull fractures. another 34 reports have been received of infants hurt.. two with skull f

bush's office to take the post office >> i am reading from the huffington post piece, the senate passden to free up money for the agency to eliminate about 100,000 jobs and limit some of their overnight delivery in some areas. so they have made lay-offs. they are closing units. they are -- facilities. they are limiting hours that some of them are open. they are talking about getting rid of saturday delivery. i -- i don't know which one works. but i know that we have to do something to fix the postal service. 866-55-press is our phone number. 866-557-7377. this is not the end of the postal service defaulting on this particular loan. okay? this is not the end-all, be-all. it is a symptom of the problem that the post office has. they can't make money. let's go to fran in springfield, missouri. fran, welcome to the full-court press. how are you? >> fine. fine. listen, i love the post office, but i tell you it's being set up to fail because the neocons in congress, they want to privatize it. >> it is. it is already -- i mean, it doesn't take any taxpayer money, fran. >> right. but they the

the post says it involves three u.s. ays commuter jets with 192 passengers and crew on tuesday around 2:00 p.m. the planes nearly collided. the faa is investigating. listen to the exchange between the tower and one of the pilots. >> 180, we worked through at the river there what happened? >> 3329 stand by. we're trying to -- stand by. >> reporter: at the time, the regional air traffic at warrenton changed the traffic because of wind direction but there was confusion in the control tower. a plane was cleared to land from the wrong direction. it was headed into the path of two flights taking off coming within 12 seconds of a midair collision. the air traffic controller realized the mistake ordered the many to turn breaking off the approach. on "fox 5 morning news" at 7:00 an aviation expert said with so many planes in the air, air traffic controllers have little room for error. a federal official did tell the "washington post" that this is a pretty big -- >> fly the pilots again at the top of their game when they fly in the

one of the chapters is called fedex or the post office? and fedex symbolizes the creativity of delivering new ways of being efficient, doing things differently. the post office symbolizes sluggish service, lack of innovation. and yes, we should privatize it and they can do so in a way where people can still get a magazine if they want. but the amazing thing about technology is that can help. free markets about turning scarcity into abundance. that's something government cannot do. 30 years ago, the cell phone was the biggest shoebox out of about 30 or 40 minutes of battery life and it cost $3995. >> did you have one? >> no. still stick with my landline. but the amazing thing is, if government had gotten involved in that, today it would still be as big as a shoebox, maybe 15 minutes of battery life and cost 9995, and the president would be railing against greedy cell phone makers. today there are 5 million in the world, have a cell phone, do medical services that with your cell phone. they become handheld computers. and so than the simple on

>> i have always been supportive of putting all of the post geary into six and moving the boundary from market to mission. but at this point it's getting into beyond minor tweak. that i hoped we would be addressing today. i'm satisfied where where we are with putting the bristol hotel back in the d-6 today. i would probably even be supportive of the maria manor block, but not in favor of reopening the discussion of market to mission and all of the post end geary. >> thank you. mr. leigh? >> it's sort of along the same lines that member schreiber just discussed. i agree with that. i also would be open to moving this block. it is a much smaller population move than any of the blocks that we have yet to move or that we didn't quite get to between post and geary. i think the block that was next between leavenworth and jones is 940 people and i agree with what member schreiber said, that's too much population at this point for us to consider moving and if that would require moving the boundary on the other side from market to mission, i would be reluctant to do that as well. the motivation b

the post service has a plan to fix all of this, though. ey would like to cut back on services in order the make up for the shortfall starting with no saturday delivery as well as closing some little-used facilities and operating an independent health plan for employees. all of those steps the post office says would be able to cut costs down to a more manageable level. of course, the postal service is an independent service. it does not take taxpayer money but it needs congressional approval for all of the plans to change services. that approval so far has not come. so for the post office like a lot of other people in the town, they're just waiting for congress to get its act together. guys, back to you. >> indeed. eamon, thank you very much. the question to you today is, the u.s. postal service is on the brink of default. should they go to five-day delivery? tell us what you think. finance.yahoo.com. we'll have the results soming up. >>> the city of san bernardino seeking bankruptcy protection. there's some boom in this california city. and

the information coming from the "washington post" this morning. is the latest in a series of mishaps at the airport. this case involved three u.s. airways commuter jets on tuesday around 2:00 p.m. at reagan national airport. there was some confusion apparently in the air traffic control tower and an inbound plane was cleared to land sending it right into the path of two flights that were taking off. based on the speed of the planes, they came within 12 seconds of a collision. the confusion apparently occurred at a time when the airport was switching the landing direction for planes due to shifting winds. apparently, the information did not get passed onto everyone in the tower and the plane was given the go ahead to land from the wrong direction. the faa now says that it is investigating. this is the same airport you may remember where last year, a lone air traffic controller fell asleep during an overnight shift allowing two planes to land blindly here. in this latest incident, a federal official told the post, this is, quote, a pretty big screw-

the information coming from the "washington post" this morning. happened tuesday around 2:00 p.m. and involved three u.s. airways commuter jets. the regional air traffic control center in warrenton wanted to change the landing direction at the airport because of shifting wind. but apparently, that information did not reach everyone in the control tower so, as two planes were taking off, another plane was cleared to land from the wrong direction. based on the speed of those planes, they came within 12 seconds air collision. at the last second, the air traffic controller recognized the mistake and ordered the plane landing to break off the approach and turn avoiding those two planes taking off. a federal official told the post, quote, this is a pretty big screw-up. the regional air traffic control center was also involved in last year's incident that involved first lady michelle obama's plane getting too close to an air cargo plane. last year, an air traffic controller here at reagan national airport was also found to have fallen asleep on the job.

where the post attach. anywhere there's an attachment with two pieces of wood and it's not concealed, water's going to get attached there. and the surface. i'm assuming this is some sort of a deck coding of walk-on surface. we look at that to make sure it's not worn. >> here's your -- that's my -- if my dog will behave himself. here's the joist can lever. and they don't ever flash correctly the first time. these joist, they corrected the second time because it's real expensive to fix. >> ok. we're going to look at a can lever and a flashing detail. so when this joist sticks out of the building, how do you keep it waterproof at the point where it sticks out of the door? that's a major, major problem. and there's a lot of flex at that location. if there's any rot there, that's where the -- >> it's going to collapse. >> i love this house. we call it the darth vader house up on i think it's like 13th avenue, up in the sunset heights. and when i went by there, you can see the decks. here's a previous slide years

sidewalk and they put posts underneath the steel posts. >> and you can extend a deck over a public right-of-way like a sidewalk but you have a minimum height you have to accomplish for that. the sidewalk can be used for pedestrians. that would be a violation of disabled access because a blind person would run into that post. >> what is the minimum height over a sidewalk? anybody recall? is it 10? 10 feet. here's a close-up of that metal deck. >> [laughter] >> so even metal needs lots of maintenance. guards and guardrail. now, all of these decks are required to have guards or guardrail. and the spacing as i mentioned before is a four-inch maximum sphere. cannot pass through. and here we are looking at some cables which are tense. they're four-inches apart. so they can be easily removed. this does not meet the standards that a four-inch sphere can easily pass through. >> some kids are going to want to see if they can stick their head in there by prying the cables apart and then getting their heads stuck. >> so if you are to make a cable guardrail like t

go to stamps.com/tv and never go to the post office again. >>> spectacular moves, winning strategies.ramer does it all the time on "mad money." watch jim on cnbc at 11:00 p.m. eastern. and during the olympics you can also catch jim at 6:00 p.m. eastern on cnbc world. capitalize on it. >>> welcome back to my method to the madness episode of the craziest. most enlightening, perhaps entertaining show even though i am an egomaniac crazy man. we're talking about the little tricks i use to find you opportunities to pick stocks, to know when to sell. all the methods that made me a pretty darn good money manager and helps me put together the show every night. trying to enlighten you about what's behind the scenes to make the most money. today we're transcending the usual model. i want to teach you how to do what i do. i want to teach you about a way to trade them now. we were doing some investing now we're doing trading. this is a discipline that's incredibly useful especially in volatile crazy markets. and it's called -- this is the thing i get the most about at g jim cramer on twitter. it's

go to stamps.com/tv and never go to the post office again. >> it's christmas in august, apparently, buty at new york's radio city music hall. the rockettes kicked off the season early. the 2012 radio city christmas spectacular. they kicked off a display of costumes worn throughout the years. santa there as well, of course. the celebration took over new york's sixth avenue. a little early to be thinking about that, but whatever. time for the final call. >> this week's web extra is all about jc penney. takeover story. the way you want to play the upside and get the back-to-school and holiday season. >> dan. >> the market is real complacent here but i want to look to something where they are telling us something. to me, i like tiffany's. you like my yum. i want to press those shorts. >> mike? >> i'm definitely inclined to try to make bearish bets. take advantage of low implied volatility and options. if you can't get that into the portfolio on a stock specific base, buy puts in spy, options are so cheap, you will be xwlad you did. >> our time has expires. for more, go to our website. "mone

according to the washington post. the post reports air traffic controllers cleared two out bound flights headed into the direction of an inbound flight. they were seconds away from the crash when he noticed the crash. he is working with the faa with the mistake. >>> a brutal beating of a woman back in january, she died on tuesday from injuries she suffered from that attack. on january 28th, a man found her unconscious on san pablo avenue. she was sexually assaulted and brutally beaten and police have no leads in that case. >>> time now 4:44 campbell billion want to know who stole. the statue was bolted down outside the church for more than 15 years : the church would not expect somebody to come steel their property especially right from the police department. police say it happened after amuse sick concert so the thefts may be tied to a drunk end person. >>> and it happened yesterday afternoon. witnesses saw flames shooting several feet into the air before it arrived. it led to the explosion and webster street was shu

late this afternoon, the office responded to "the washington post" in a letter to the editor saying in part we stand by our real property assessment process and specifically the assessments of the properties identified in this article. by the way, i spoke with council member jack evans this afternoon. he's the chairman of the finance and revenue committee and he's spoke with the city's cfo and ask that he provide more information. evans said if the fbi is involved, he wants to know why. brian? >> matt ackland tonight. >>> the police captain demoted after giving charlie sheen a escort. he was punished because he was told that they were routine, putting him at odds with chief cathy lanier. sheen's escort last year went against department rule rules. burton said lanier is not being truthful. >> she is lying. the attorney general's report proved it and the actions showed that she was not showing the truth to the media and public. because i spoke out, i am here now. >> shy claims it was not because of the shown incident but because of his performance. he's claiming whistle-blower demotion a

the government for future retiree health benefits. that agency will now cut hours at more than 13,000 rural post offices across the country. post officeless still deliver mail and employees will get paid but more changes could be on the way. another deadline for default comes sometime next month. he's accused of killing six people and injuring gabrielle gifford. why he may never be brought to trial. >> welcome center quiet right now but some changes are on the way in the extended [ crows cawing ] [ male announcer ] strange things happen in the black forest. [ metallic bell toll ] [ car speeding down the road lightning strikes ] where things aren't always what they seem. [ wolves howling ] because thrills hide in the shadows just waiting at every turn. [ coaster whoosh ] brave the black forest on verbolten. the all-new multi-launch coaster. only at busch gardens. >> take a look at some of the stories making headlines this week. jared lee love anywhere could enter a guilty plea on tuesday. reporting that he is ready to say that he is responsible for killing six and injuring many others including former congresswoman gabrielle

so there's a natural vorality built into the service. paperless post is an example of why young upstart nimble companies can win on the web, which is they focus on product, first and foremost, and building a wonderful product people love to use. and they really architect, you know, a simple service and a real branded proposition around that product that grows naturally and virally as each person touches it. >> so in cases like these are often no barriers to entry, anybody can do the same kind of thing, copy the same kind of thing, you grow your base. but when somebody comes in with a bigger base, what do you do as an entrepreneur, as the person running this company. so you don't get distracted by the competition? >> i think it varies by industry. you think about the main street business, i think your hugest assets is you as an individual. you'll be more passionate about the area, more closer to the market, and you'll be able to talk to the market more and build closer relationships. so i think with the average main street business, that's a huge advant

office he was the post office that was being mailed through whining shut down the post office thinking that's where the problem is it's not so that was a phony charge they tried to charge him with a copyright violation himself or uploading sixty songs or something but they had come off of c.d.'s he had purchased so they say it was all these attempts that i call phony then they had to figure out a way to extradite him they needed a crime that would get him five years in prison to meet the law the new zealand law for extradition so they made up phony charges of racketeering like he's some big mobster connecting you know a big financial empire and all these countries i mean apple does that but kim dotcom is just a nice soft little sweet guy when you meet him who tells the truth openly you know that you know when somebody is being truthful when you're with them personally and he doesn't hide things he doesn't share he doesn't have concocted lines to tell he's not a. racketeer there's a they charge him with mail fraud because he said i deleted some files and what he had done was delete the

go to the post office again. cheryl: power mover of the hour is a software solutions company. shares are up after reporting narrower than expected second quarter losses. also raised full year forecast after the bell yesterday. this company just went public back in april. this is the chart for the middle of april all the way till now. the shares of splunk have surged from the debut price. it's gained business from companies like zynga, bank of america and autodesk. today jpmorgan also raised its price target to $45 from $40 with an overweight rating. that stock is at 34.50. i want to show you facebook right now because obviously with all that's been happening with facebook, this stock actually today everybody hitting an intraday low just before the start of this hour. let me show you really quick here the intraday chart of facebook. there you go. 18.10. so another rough day frankly for facebook. we've got team coverage of the impact from isaac from the rescue efforts to the financial

the whole thing. you have to build guard posts and all sorts of technical stuff. i am always amazed that the amount -- at the amount of money we spend abroad and how little we spend here. it has become an issue politically in this country more and more as we have to cut back. this is money that is poured into the pentagon to do things you could not do in any domestic program because people look harder at it. the budget is so big, my favorite is we have cut it. we spent on military bands. we built a $4 million facility for the army materiel command band that had to move from -- belmar to virginia. they build a facility for the band which is about 40 people. if you spent $4 million on an elementary school, someone would raise questions. >> this is a column from july 2. in the same vein. >> this is part of my -- when i get worried i sound more and more conservative or isolationist. this is more of the understanding that having created a democracy in iraq, where are not [inaudible] and therefore maliki to hold onto his support cannot be too pro-american even though we

go to stamps.com/tv and never go to the post office again. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, plus anytime you need it support. ♪ stocks, options, futures, and forex. get your trading on track. thinkorswim by td ameritrade. trade commission free for 60 days, plus get up to $600 when you open an account. >>> where were options traders pumping up the volume this week? discover financial. over nine times the average daily volume for calls. time for total recall. we look at trades that are neither winning or losing and give us the next move. khaou and carter made a bullish trade on best buy. shares have cratered, but they haven't lost much money and here is why. >> on options actions, it's how we find the best deals. risk less so we can make more and that is just when khouw and carter tried to do with a bullish bet on best buy. he thought the big box retailer would be electric. >> they have discounted to much. >>

last week the post office defaulted on a payment to the treasury for the first time in its history. just continues to struggle there, terrell. >> post office is in trouble. ashley morrison here in new york. ashley, thank you so much. appreciate it. >>> we'll take a quick break on a friday. when we come back, a look at the latest picture from mars and a failure to lawn. nasa's experimental lander doesn't get far before meeting a fiery end. this is the cbs morning news. wardrobe. cute. then new activia breakfast blend. a great way to help start the day. mmm... creamy lowfat yogurt with grains in yummy breakfast flavors, like apple cinnamon. its hearty, with twice the protein of regular lowfat yogurt and helps regulate your digestive system. our morning routines are important, aren't they? new activia breakfast blend. [ female announcer ] the gold standard in anti-aging. roc® retinol. found in roc® retinol correxion deep wrinkle night cream. it's clinically proven to give 10 years back to the look of skin. now for maximum results... the power of roc® retinol is intensified with a serum

exposed for hours, it can certainly be deadly. >> reporter: right now it's back to business here at the post office on east fa yet street. we're told that the leak did not impact the customer service area. back to you, don. >> vung thank -- thank you. the fumes were first identified by the baltimore fire department's task force. >>> two men are behind bars accused d of firing into a crowd. a fight broke out saturday morning. melvin watson and dikimbe were pulled over and arrested. >>> a fatal fire is under investigation in baltimore county this noon. it broke out in this bedroom of this house on saturday afternoon. an 80-year-old woman was founded dead inside. -- found dead inside. her identity has not been released to us. >>> the maryland house of delegates has set a date for its special session. they are set to meet this friday to debate expanded gambling. that's a day after the senate is scheduled to reconvene. the speaker says delegates will debate about the light of pit -- about the light of pit bulls. >>> health officials are urging you to not visit the pigs at the county or state fair

"the washington post" is reporting that helen dragus wrote in a june 5th e-mail. xpect to be bullet ridden by sunday. that e-mail refers to sunday june 10th when the board planned to announce the departure of theresa sullivan. they protested for more than two weeks, demanding an explanation for sullivan's ouster after the governor threatened to fire the entire board, sullivan was re- enstated. >>> a pipe bomb went off around 3:00 a.m. and that explosion damaged an suv. there were no immediate suspects or motives. no one was hurt and investigators say the bombing did not have anything to do with virginia tech. >>> coming up, a united airlines flight is forced to make an emergency landing. >> we now know the source of the security scare. >>> and another plane is damaged during a mid-air collision. we'll tell you what left a huge hole in the nose of this aircraft. aircraft. if you've been successful, you didn't get there on your own. if you've got a business, you didn't build that. somebody else made that happen. my father's hands didn't build this company. my hands d

he took on the post office like you said, and he won yet dhl isn't much of a player in the u.s. market before fedex. why is that? >> there's a number of reasons that it never really succeeded here like to get overseas. one is that he really took an interest in the u.s. market, and he wasn't necessarily a good businessman. he was terrible with the health and was a terrible manager. the international growth was handled by the other people. he was a genius at hiring. he had all these crazy ideas about everything and the u.s. was sort of his incubator and most of them feel they and they definitely paid a price for that. he hired a grocery store executor and hired larry roberts which was a disaster and they lost ground. when fedex came in years later with their own airplanes, they just ate their lunch. they took the business they would have had in the u.s. for the most part and then the cities became the

. >> host: is it time to endmon the post office monopoly?head o >> and there have been ahead of us.fice. fedex symbolizes the creativity of delivering neweffg ways to be efficient.rvice the post office of symbolizes sluggish dosservice and we should privatize s in a way peoplehe still get a magazine but with technology take a hand-held. the is something government cannot do. having about 40 minutes of battery life the. >> did you have one? goveo. but if government was involved it would still lownd st have 40 minutes and costd be $9,000 but today there arewold. 5 billion in the world youel have a cellphone to do your banking and medical services. heather hand-held computers. thsimple o the simple ones are the giveaways cost of creativity and innovation.coffee sp, even simple things if you go to lou the starbucks 12-ounce, 16, 20-ounce but the lid is the same size so they don't have a differentle tg inventory. in this that is what happens. th is re that is morality constantly happening that is the glory.ng. we don't realize what the the system