sets a certain context for people understanding that -- i use the word so it's unfathomable that we won't have a balanced budget. we have to have a five-year plan approve bade financial oversight agency. and honestly, it would be a major embarrassment not to be able to do those things. it forces fiscal discipline. it forces you to think of every dollar you want to spend, that's $5. every dollar you save, that's $5. so it ensures a certain amount of discipline but to plan for the future. jay is planning for the future. i'm planning for the future. not sure what the folks here are doing other than get through the next news cycle. so that kind of discipline really is required. and you have to understand the consequences of your actions. i'm left with the impression back in philly and many other mayors some of the proposed cuts that come down through these budgets we're not clear that many members of congress truly understand the consequences of these cuts, the impact that it will have back at home, and whether it's cbgb or cops program or -- you can name 100 programs which all have their con

unfathomable today. did you see these coal stocks? i told you to sell the cnx. that's still too high. thanks for nothing. joy global getting hurt. alcoa back to where it was. commodities? the actual physical or the stocks, just say no. understandability, that's the key for what's working in 2012. sometimes in all the chaos simplicity is welcomed. if you know it, if you can read the annual report and make a judgment about it, then that's what you want to buy. "mad money" will be right back. >> coming up, activist action. a big time investor reveals a substantial position in a company. should you ride his coattails or is it a fool's game? cramer is cutting through the hype to see if it's time to retool your portfolio. and later, fair weather friend? the clock keeps ticking down to the public premier of facebook. and cramer is helping you manage the news feed and now with the social stock's valuation rising higher is this ipo poking cramer the wrong way. plus friend of a farmer? agricultural trends in america can drive everything from fertilizer to machinery stocks

it is just unfathomable that we would be consolidating a teacher that has such an exemplary record in the classroom and is so well-liked by her students, and it is just the kind of teacher we need there in the mission is known to continue the work as long as we possibly can. she has helped us to increase our test scores overall every year, almost every year since she has been at that school. >> ok. are we giving names? do i tell you who i am? president yee: you are mr. johnson. >> yes, johnson. it really seems that this teacher is being targeted because of activities and also for being outspoken. but we have to understand what is important for the kids. we are in danger of losing an outstanding teacher, ok, when we are talking about an english language arts program in a bilingual school. we have, this teacher has been denied an opportunity to get a waiver, whereas there are other teachers at our school who are in the process or have been given clearance to receive a waiver. she contacted h.r. and was given the green light and was given like three options, and when this information was

how anyone can treat their child in that way is unfathomable. a lot of what he says about a lot commission and modernizing the law. in terms of dealing with these appalling cases of child neglect and where families have broken down, we do have so many agencies currently working on this including social workers the important thing is to have system of passing on concerns and acting on those concerns. passing another law will not make up for the common sense and action week required our agencies to deliver. >> thank you. can i thank the prime minister and the chancellor for driving with so many of their colleagues in voting against the amendment. and given that 65% of the public -- [unintelligible] when will the minister do more about ending illegal loansharking in the u.k.? >> also the ofp has power as well. you can -- we need to talk to those agencies. >> this government and this country are on the right track. we do face difficult economic times and we will go on in a minute to talk about the plans that are required but what we have to do is re

mind that all of this was put together in two years, the cost had exceeded $254,000 which was unfathomable for most people. as your earning power would have been about $30,000 over your entire lifetime. another thing to be mindful of as you go through this house is that the architects fehry and claus who were local milwaukee architects merged their individual firms over the construction of this house. and while you look at the pabst mansion and the extraordinary attention to detail, it's hard to imagine that over 50 other major churches, residences and commercial buildings were being built by this firm during the same period. so, the pabst family took the keys to the house in july of 1892. and unfortunately they had a relatively short period of time in their house. captain pabst died on january 1st, 1904 and his wife two years later in 1906. and by that time milwaukee's grand avenue, wisconsin avenue, was known at that point. it was already in decline. people could see that the city was pushing out in this direction. and so real estate values began to rapidly decline, and so this house sat

it's unfathomable to think someone would do something like that. >> reporter: back in november, police obtained a search warrant in this house. once nrksdz they found -- inside, they found several computers and flash drives. on the laptop, were several pictures of the 15-year-old in various stages of undress and bondage. >> in the meantime, the feds have conducted an investigation interest as well and levied federal charges against this couple. >> reporter: gigi barnett, wjz eyewitness news. >> and the couple now faces several charges, including destruction and -- or distribution and production of child pornography. >>> the wife of fired syracuse university basketball coach, bernie fine, files a lawsuit against espn. bernie fine lost his job shortly after espn broke the story who accused fine of molestation. laurie fine said she is now suing espn. because the sports network allegedly overlooked the credibility of the accusers. >> they should apologize and retract these horrible lies reported about me. only after these defendants have taken responsibility for the reprehensible actions,

we will stop borrowing unfathomable sums of money we can't even imagine from foreign countries we areer even going to visit. i will work with to you make sure we put out this spending and borrowing fire. >> so, what does governor romney think tell take to put out the spending fire or indiana governor mitch daniels? he did it in his state to some extent. he has advice. governor, nice to see you, sir. >> hi, greta. >> greta: governor, if you could get any message from your experience as being a governor of indiana to governor romney in terms of handling the economy, what's the single message you want to make sure he hears? >> trust the american people. level with them about the facts. explain that we are going to have to make some changes. and it's all in the interest of low-income people, of young people, of people trying to climb the ladder of success. they're the folks who will be penalized if we keep drifting toward niagara falls on the current track. so couch everything in terms of their future and take the message to young people and to middle america at every opportunity. >> gret

we will stop borrowing unfathomable sums of money from foreign countries we're never even going to visitll work with you to make sure we put out this spending and borrowing fire. >> cenk: oh, he'll definitely do that except for the fact that he totally won't. this from the tax policy center, a nonpartisan organization. they scored romney's budget? you want to see how much his tax cuts add to the deficit? 20% drop in tax rates leads to $2.75 trillion added to the deaf syd. his alternative minimum tax adds another $76 billion. and he proposed to extend the tax cuts permanently. that adds another $5.4 trillion. in total, mitt romney would not decrease the deficit. he would increase the deficit by $8.8 trillion. you, dear sir, is a liar. you wouldn't help the deficit at all. you would simply take the money and redistrict it to the very, very top. it's your own tax plan. so please stop lying to the american people. now finally on non-number issues, he said, oh you know what? president obama has a problem with president bill clinton. that's a mistake because president bill clinton is still aro

it's just unfathomable. >> reporter: once inside, they found several computers and flash drives. even margaret jones' laptop. on that laptop were several pictures of the 15-year-old in various states of undress and bond annual. >> in the mean-- bondage. >> in the meantime, the feds have conducted an investigation as well. >> reporter: the couple now faces several charges, including production and distribution of child pornography. in parksville, i'm gigi barnett, wjz eyewitness news. now, back to you. >>> according to police reports, the couple told detectives that they fed, clothed and took care of the 15- year-old like parents, during the time she lived with them. >>> espn faces a lawsuit from the wife of fired syracuse university basketball coach, bernie fine. vic is in the newsroom to explain the reason she's suing. vic? >> laurie fine claims espn trampled her reputation by broadcasting false stories about her husband. bernie fine. espn broke the story of two ball boys who accused fine of molestation. laurie fine says they overlooked doubts about the credibility of the accuse

stop borrowing unfathomable amounts of money that we can't even imagine.g from kirk stan, you're in trouble. if you're borrowing from canada or france, you're fine. here's an idea that joe s wiesenthal said we have a jobs deficit, we're mired in sluggish growth. the fed isn't providing what they should be providing. karl you've written eloquently on that point. if you believe an expansionary policy, if you think that's the way out of the mess, if that's what you're voting on, you have a better chance of of getting expansionary policy, out of mitt romney, despite the noises he's making about austerity. than you do out of president barack obama. the reason being all of a sudden the republican house would be willing to engage in expansionary policy once they had a republican president. >> i don't know. >> you can't say that, we're on cable news. >>fy firmly believe they were lying and cynical, i would go for that and i would be happy with that. people say all sorts of things to get elected. but what matters in the end is what happens to real people. i would s

we will stop borrowing unfathomable amounts of money we can't imagine from foreign countries we never i will work with you to make sure we put out this spending and borrowing fire. >> joining us to talk about the political impact of the ballooning national debt are time magazine deputy bureau chief michael crowley, cornell belcher and republican strategist rob johnson. thanks for being with us. first of all, romney hit the president also on the stimulus. he called it, quote, the biggest, most careless one-time expenditure from the federal government in history. before we get to that i want to point out that joe stiglitz, a prize winning economist, said the stimulus wasn't big enough. he said, we will see in the next two year it is real cost of there not being a second round of stimulus. we will see the economy slow down at a very high economic cost. rob, as a republican will you acknowledge at least there is a debate to be had about whether or not government spending is wise? >> no. i will not. i will admit there is a debate going on, but i don't think we should be having this debay.

. >> i mean it was unfathomable that a 7-year-old even had the capacity to, you know, plan out a suicideobviously we are going to investigate it very intensely. >> reporter: police sources tell me the boy was being bullied at school, constantly being teased because he was the only boy in his home. sources say the 7-year-old was also depressed over the recent separation of his parents. friends of the family tell us the mother was aware of the problems, and had her son in counseling with their church pastor. >> the mother, very, very, very involved with her kids. just took my niece, her son, went to a tigers game with some other neighbors. >> such a sad story. bullying can drive people to a very dark place in their life. i've reported on these stories far too often. and for all those parents or kids looking for some answers we're glad you're watching because in studio with us see have psychologist eric fisher, also known as dr. e. so let's talk about this. what is going on inside the mind of a child who is being bullied? what happens in the brain? >> i think we have to look at it as the id

that you have every right to be an idiot, at least be an idiot about loaning money, not taking unfathomable financial risks with innovation that don't work. jamie dimon, take yourself out of the equation in washington. you be in the penalty box. maybe a ten-minute major. maybe a ten-year major. the investing public is no stranger. and a belief that the machines can be tamed and can't overwhelm humans that they feed off. the government blessed all this etf financial engineering that impacts stocks so severely without much thought. they were buffaloed. most of these etfs when used in conjunction with massive amounts of debt can swamp anything that humans can do. the government already made its decision. it's not going to admit it was wrong. financial engineers are backed up by powerful lobbyists who are able to cajole anyone, including themselves. the stock markets never recover from financial innovation that was the flash craft. you can point to any amount of financial engineers, the root cause of much of the horrors we've seen in recent years. destroyed the housing market. in fact, the 1987

we will stop borrowing unfathomable amounts of money we can't even imagine from foreign countries we're never even going to visit. i will work with you to make sure we put out this spending and borrowing fire. a lot of people think this is a problem we can't solve. i reject that kind of can't do defeatist talk. it's wrong. what has happened here isn't complicated. washington has been spending too much money and our new president made things worse. his policies have taken us backwards. almost a generation ago, bill clinton announced that the era of big government was over. even the former mccain worker like president clinton was signaling to his own party that democrats should no longer try to govern by proposing a new program for every problem. president obama tucked away the clinton doctrine in his large drawer of discarded ideas along with bipartisanship and transparency. it's enough to make you wonder if maybe it was a personal beef with the clintons, but probably that, it runs much deeper than that. president obama is an old school liberal whose first instinct is to see free enterpr

. >>> for the first time, president obama is weighing in on the unfathomable $2 billion trading lossjpmorgan chase. during an appearance on "the view," the president explained that wall street reform was passed for situations just like this one. >> we don't want you taking risks where eventually we might end up having to bail you out again. we've been there, didn't like it. this is why we raised capital requirements so that when they do lose money they've got enough money socked away that they can pay off those obligations. >> today the ceo of jpmorgan chase will field some pretty tough questions about the major mistakes made. cnbc's jackie deangelis live now with more on that. jackie? >> reporter: good morning. well, jamie dimon will face jpmorgan shareholders today as the bank holds its annual meeting in tampa at 10:30 a.m. eastern time. he may get tough questions. no one expecting calls for his head. reports saying that jpmorgan's board is backing dimon and the way he quickly apologized for the $2 billion trading loss and sought to fix mistakes. the chief investment officer of cou

we will stop borrowing unfathomable sums of money we can't even imagine from foreign countries we're never even going to visit. >> holman; white house officials countered that romney favors policies that led to high deficits and the recession in the first place. and the president reinforced that point in an interview that aired on abc's "the view." >> there are very stark differences, legit legitimate differences between the candidates and the parties in how we're going to make sure that every kid is getting a great education, how we create businesses, how we're creating more jobs. that ultimately be what determines how this election goes. >> holman: meanwhile, a new poll from "the new york times" and cbs news put romney ahead of the president by three points, 46% to 43%. that is within the margin of error. in syria, a roadside bomb struck a convoy that was part of the u.n. observer mission. amateur video showed smoke rising from the first car, and people running for cover. u.n. officials said three vehicles were damaged, but no one was hurt. activists said minutes earlier, governmen

. ♪ >>> earnings season doesn't have to be a gatling gun for unfathomable numbers that exist only for attempt to profit from. >> buy, buy, buy! buy, buy, buy! buy, buy, buy! >> sell, sell, sell! >> sell, sell, sell! >> tonight what you can do over the long run because the subsequent reports and the conference calls, the crucial thing. here is the deal. they don't have to be shoot first, ask questions later experiences. actually, the opposite. conference calls are ask questions, ask questions, and then ask some more questions. and only then maybe take action. [ gunshot ] we're asking specifically about what the growth of the earnings per share might be and how expensive that would make the stock versus other stocks in the sector, and maybe other stocks in the market as a whole, usually regarded as being the s&p 500. we want questions answered about growth margins, allowing us to judge if earning estimates might be beaten in the future. we're looking for signs that dividends, these days the most important indicator of a company's health might be boosted. and we're looking for a catalyst

it is unfathom my large and complicated. the department of defense spends a couple of billion dollars every day. it's a huge organization, and it's all over the globe. you can't have complicated organizations hike that without lots of systems in place for what's right, what's wrong, when things happen and why. and so that's -- and without a lot of watching and accountability as well. so i think as the presidency grows and it seems to be a condition of modern times that it will grow, i think we'll see growth of these delegations to actors outside of congress, especially into the private sector and inside the executive branch. >> one of the most interesting things you develop here is a notion of checks and balances which is beyond what, i think, the constitution imagines. so here's one that you talk about, and i'd be interested in your views and everyone else's views. about how it works and how well it works. and that is with the leaking inside the executive branch as a kind of tool that sometimes quite deliberately is advanci

. >>> tonight i'm helping you translate the cryptic and occasionally unfathomable terminology that makesing stocks so darn difficult. i'm giving you the phrase book to navigate through the world of investing. hey, you know what? i call it the cramerican dictionary, but it's real kind of a michelin guide to fine stock dining. for tearing back the cloak of mystery that can make managing your money seem like an impossible task -- >> the house of pain. >> when it really is -- >> the house of pleasure. >> it shouldn't seem as difficult as, say, conducting triple bypass surgery on yourself. you don't have to be stephen hawking or albert einstein to understand this stuff, although with a lot of the pros, when they talk about stocks, i bet even einstein would have a tough time even figuring out what they're saying. now i just explained the difference between cyclical companies -- think industrial smokestack companies that need a healthy economy in order to grow earnings -- versus the secular growth companies, thinking corn and toothpaste that stay on about the same pace regardless whether we're