steven weiss, and simon baker. josh, welcome back. what to do you see? >> there's only one word we need to use today and that is precarious. i think we're headed into april in much the same condition we have been the last three years in a row. we've had a killer first quarter. just about a year's worth of average gains already. no pullback in sight. not even a 3 percenter. quite frankly, the earnings picture is not great. seven-year highs for negative preannouncements right now and estimates have never been higher. high expectations, the companies are telling us something different. unfortunately this is all coinciding with softening in the pace of economic improvement. surprises are not coming to the upside any longer. now they're coming to the downside. i would say this is not where you want to be adding new longs and i think you want to look at your positions and be selective about what you're going to continue to hold into this earning season. >> precarious, steven weiss, is the word that josh brown used. earning season is upon us. obviously expectat

>> mark, it's steve weiss, i agree with you 1,000%.h frequency traders actually suck liquidity out of the market and scare people away from it. what i struggle with is where do you draw the line. they take it to the furthest degree. then you have all of these day traders, many of you stood at home who stood for quarters and halves, they're also there playing around, not creating capital, not driving the market as it's intended to do. so where do you draw the line on that? >> well, first, i mean you've got to look at what is the business of the market? and then you've got to have t the -- the regulatory agencies come in and start saying, look, let's get back to what we're here to do and that's to create capital and to invest capital in companies. and you can say, look, you have to hold a position for an hour, two hours, and that changes the game right there because once you get away from instantaneous algorithmic trading, the whole market changes, all the opportunities change. look at the fact that the new york stock exchange is being s

steve weiss, what's the story, what's the trade now?> if you short this is a gift that's going to keep on giving. merrill came out and talked about lowering estimates but you've got way too much steel being produced, being produced in china. you've got being dumped in europe. there's over-capacity there as well. they don't need it given their economy. you've got iron ore prices that are collapsing or will collapse and hold up actually relatively well. so that whole commodity index is coming down and i think it will continue to come down. >>, nasdaq is doing a deal today and the stock is down 10%. >> they are doing a deal. i think it was a good deal for them, however, they overpaid. if you saw howard on, i believe he was on the carl quintanilla this morning he couldn't keep his smile away. he was laughing at the price he got for this. paying -- they paid up 12 times for this same, 750 million. if you're in this name, it may work long term but you wouldn't want to be -- if i had it right now, i would be holding for the long term because t

stephen weiss, the bear. another classic showdown.phanie, you are up first. >> this is about a new leadership position change. this is also about asset sales. on the new leadership side, i think they are going to get somebody coming in and aggressively cost-cut. there's a lot of fat at this company. on the asset sale side, they did $12 million last year. i think they could do more if you look at their asset base in marcellus and bakken. they have a lot of assets that i think they are going to sell. as they do that, they will improve their balance sheet and the stock will move higher. last quarter was not so bad and they're doing a better job hedging on nat gas. >> when i heard there was going to be a bull on this story i assumed it was going to be an april fool's joke. who could be bullish? they're going to have a $5 billion funding shortfall gap. maybe it will meet up with asset sales even though they've missed every target they've sent out there. in july, they had a presentation, the properties they own, just sold them for $2,400 pe

we're trading the action from right here with steven weiss. john, mike, and joe. joe, set us up for next week. what do you think of where we stand right now given the bank earnings, which are a mixed review? >> bank earnings weren't so bad. nothing unexpected. sold so many s&ps. that's different from today for me than when we spoke yesterday. i sold so many s&ps. i'm ready to cover them quickly. i think when you look overall at the marketplace right now, what has been underperforming continues to underperform. what has been performing looks to appear to have relative strength today. mcdonald's, 52-week high. some of the health care names, 52-week high. we've got a nice field of consumer staples. am i overly concerned about the tape? no. >> dr. jay? >> 1580. it seemed we would see some sort of a test to at least that level after this. now, so far today we have gotten down there, and as you have said, we've bounced up back from that. i'll be curious to watch miners, though. when i'm looking at the junior miners in particular, the gdxj tracks that, and they're down 3

steve weiss is going to pull himself in a minute. but we'll continue. you've decided that now is the time to buy, given some of the financial moves that the company has made lately. did you feel like the question that we asked earlier, just a few moments ago that if you didn't get in at levels right around here that you and others with regret it down the road? >> it's not so much that. it's just looking at, you know, what is the company doing? so for years, they haven't returned any capital to shareholders. and tim cook, you know, as he took over as ceo started a dividend policy, increased that tremendously to 100 billion. they're going to return $100 billion to you. and that's a big change. and so, you know, to me, at 400 bucks or so, it looked like a good spot given we have new products coming out later. it seemed to me like a good spot given their capital return strategy to buy it. don't get me wrong. if they weren't returning this much capital, i wouldn't own it. but when you've got a 7% return coming and the best you can get on u.s. treasuries is 1

we are trading the action today with anthony, steven weiss, josh brown and mike murphy. josh, there were many reasons to be cautious last week. >> yeah. >> good p earnings today. are we going to pick up where we left off? >> seems that way. we had diver jenss to kusd on the head and shoulders pattern. we had distribution. these things b have been resolving to the upside. the market is unphased. the new leg in the bull stool is they are saying europe will change its outlook on austerity. here's the truth. you have a 70% beat rate. we are 20% through s&p earning. that's not bad. on top of which there is a 16 multiple. it's not the 12 multiple we were at but it's not where the bull markets end which is more like 17 or 18. if you want to hang your hat on something, the divergence is resolved to up the side, earnings beat rate is healthy and price to action is better than i thought it would be. >> steve, are you agreeing? no guidance, lowering from companies like johnson controls, i will fois tool, ingersoll rand. you have industrials participating. are you a believer or not?

at that time weiss people were still unaware of the fact that the time would come when they pay a heavy price for that glory. nearly all analysts so certain that for. politics was an extension of his business so he only tackled the problems in chechnya so he'd be able to win contracts for its restoration. but. they said that his office he expected to get gazprom and the rest of the russian federation as well as c. but you have to that was a conspiracy theory. ready had enough and simply needed to protect what i have. the means of creating a stable political system. so that food. continued to do. after winning the election. official meetings between them only one appearance with yeltsin was broadcast on t.v. that was when he was being appointed to the post of executive secretary or something for security council. influence on the media had a hundred meetings with i'm certain. the confidence of the president. she was the president's most trusted confidant it became clear towards the. health reasons. that he had made the choice and was sure the new president would appreciate his efforts. b

all throughout europe, steve weiss, interest rates are really rock bottom.etely different story than it was a year or two ago. german, a ten-year treasury rates are just over 1%. italian rates now have a three handle on them. does that give the market and investors confidence there's not going to be a blowout. the european central bank is going, they're going to increase the money supply? they have to. they're too deflationary right now. is that contributing to the rally here? >> it is. but here's what's contributing to the rally and rates there and the rally here. that's what japan did. so japan came out. they say, we're going to go to 2% inflation. something nay have never been able to do. they talked that before. they've never done anything. then they said maybe 2% is not high enough. so you got world's third largest economy that is going out there, not only lowering rates, but also buying stocks. so if you are -- >> the central bank is buying stocks. >> the central bank is buying stocks. >> we don't even do that. >> we don't. >> we're pumping. we're goin

"operation roger" was born from hurricane katrina after trucker sue weiss began to pray for all the pets who had lost their owners. >> i said, lord, what can i do? i'm just a truck driver. >> reporter: what she did was organize volunteer truckers to transport lost and abused animals to loving homes around the country. shelby a 5-year-old pekinese was rescued from an abusive home in oklahoma when an alaska family offered to adopt him, operation roger called david who loves dogs and helping people. >> shelby, come on. it's a good way that truck drivers in america can give back to society because, you know, we're not home a lot. >> reporter: well worth the cross-country effort -- >> say cheese. >> cheese. >> reporter: -- to bring shelby home. mark potter, nbc news. >>> turning now to sports, the u.s. justice department is officially filed its lawsuit against disgraced cyclist lance armstrong for the millions of dollars the u.s. postal service use to sponsor his team. >>> the coors field was cleared off the field tuesday to avoid their fourth and fifth snowed-out games in the last week. rock

like weiss, that same principal is for retirement planning. >> careful planning is also important for her son's future as well. but for this 56-year-old, staying on track has not been easy. >> i have been through a divorce. i have raised a son as a single parent. i have educated my son. he has been to college. mortuary school and then the crisis of the debt of every member of my family that has been in the business occurred. >> many women face similar obstacles that impacted their retirement savings. >> we found there was a challenge with the women to be able to save the way they would like to save because of their families' needs needing to come first. a recent study by the state farm center at the american college found that only 42% of woman surveyed save a certain amount each month. >> 64% of all the women said that their families needs are in the way to save for retirement. they will have to take time away from work which of course will affect their pensions and so forth. they are also actually making less money than men. so, again, how much money they will be able to save is aff

. >> weiss, u.s. steel, not good. four-year lows. it hasn't been a good performer, i think along with cliff's, it's one of the worst. >> yeah, a gift that will keep on giving if you're short. throw arkansas into the playbook. they said they will support building a new steel mill in arkansas with public dollars, just what we need, more capacity. they're ripping a page from china's book of too much capacity. this will continue to trade low. their irrational prices, irrational producers, can't control their own fate. >> let's welcome in mike murphy, a realtime trade of something he's buying today on this pullback we're seeing. mike, what's the action? >> hey, how you doing? we stepped into psx this morning. you know, you look at phillip 66. the stock is down from 70 yesterday, down to sub-62 today. so it's down about 15% in just two trading sessions. the news was negative headline regarding the fears of increased costs from the epa. we think the selling's overdone. we think a wave of selling came into the stock when it broke the 50 day

. >> reporter: operation roger was born from hurricane katrina, after trucker sue weiss began to prayor all the pets who'd lost their owners. >> i said, lord, what can i do? i'm just a truck driver. >> reporter: what she did was organize volunteer truckers to transport lost and abused animals to loving homes around the country. and named operation roger after one of her dogs. so far they've delivered nearly 700 pets. shelby, a 5-year-old pekingese was rescued from an abusive home in oklahoma. when an alaska family offered to adopt him, operation roger called driver david benz who loves dogs and helping people. >> shelby, come on. it's a good way that truck drivers in america can give back to society because, you know, we're not home a lot. >> reporter: the journey began with benz picking up shelby in enid, oklahoma. then heading to houston to load cargo bound for alaska. a long drive later, they met shelby's new family. >> driving the dogs around the states and dropping them off at loving homes is perfect. >> reporter: and well worth the cross-country effort. >> say cheese! >> reporte

operation roger was born from hurricane katrina after trucker sue weiss began to pray for all the pets lost their owners. >> i said, lord what can i do? i'm just a truck driver? >> what she did was organize volunteer truckers to transport lost and abused animals to loving homes around the country. shelby a 5-year-old pekinese was rescued from an abusive home in oklahoma. when an alaska family offered to adopt him, operation roger called david who loves dogs and helping people. >> shelby, come on. >> it's a good way that truck drivers in america can give back to society. we're not home a lot. >> reporter: and well worth the cross-country effort. >> say cheese. >> reporter: to bring shelby home. mark potter, nbc news. >> lucky dog. >>> it looks like sy was not a one-hit wonder. i lost that bet. his new music video is shattering records on the internet. will will.i.am has admitted to using music without permission. and wayne "the rock" johnson missed the premier of his new film because of a hernia operation. he tweeted a picture of himself from the hospital to show he was just fine. >> wh

ernestine weiss. cathy lip scum. mitchell [speaker not understood]. judy golden. ryan thayer. patty lee. lorenzo [speaker not understood]. i apologize if i don't read your name correctly. and alan begham. go ahead. >>> [speaking through interpreter] good afternoon, my name is [speaker not understood] and i represent community association. our 1,000 members [speaker not understood] mono lingual elderly tenants. we are very concerned about the current legislation because [speaker not understood] those units will be taken out of rent control housing stock. this will open the flood gate and incentivize speculators and tenants because of properties increased value. a lot of the affected tenants are all low-income and they won't be able to afford other places once they get evicted. i have also experienced the eviction process before and i do not wish for anyone to go through that stress. our biggest concern is speculators being motivated to get into the tic market. as we clear out the waiting list we are worried more speculator are going to jump in and get in the conversion [speaker

rachel weiss at l'oreal usa is responsible for digital marketing, social media strategy, and new digitals vep tours and partnerships. great to see you. >> it's great to be here, j.j. >> you, in your hands lies the key for many small business owners. they just want to get to you so that they can pitch their business and some sort of arrangement. you must get people coming into you all the time or at least trying to. >> yes. i get a minimum of 20, at the minimum, blind requests for meetings per day. so competition is fierce and there are tips to help you get through the door. >> okay. so you get 20. which ones do you respond to? what can i do to make you say, okay, i want j.j. to come in? >> there are certain strategies that help you get through my inbox a little bit better than having a blind call or through linke linkedin. i think if you want to do business with a big company and a big brand, do your research. know what that company does and have an idea of how you can solve that problem. once you know that, find somebody who works with that company, within that company, or know that is

rachel weiss is at l'oreal usa and in charge of digital marketing and strategy and new ventures and partnershipse you here. >> great to be here, jj. >> in your hands lies the keys to small businesses who want to get to you and pitch their business and some arrangement. you must get people coming to you all of the time or at least trying to. >> yes sh, i get a minimum of 2t the minimum blind requests for meetings per day. so come petition is fierce. and there are tips to help you get through the door. >> okay. so what you get 20 and which ones do you respond to? what do i do make you say, i want jj to come in. >> well, there are strategies that help you get through my inbox better than a blind call or blind introduction on linkedin. one way is through a personalized introduction. if you wanted to do business with a big company and a big brand, do your research, and know what that company does and how have an idea how you can solve that problem, and once you know that, find somebody who works with that company or within that company or knows that company. we are big companies and lots of people wh

joel weiss, attorney for the pilots, say they were never at fault because the transponder was on. went off or into standby mode. >> we have anecdotal evidence from all over the world, particularly europe, of this transponder unit failing without any indication whatsoever in the cockpit that it failed. >> components do fail. so it is not that it is necessarily been turned to standby, it is a failure. >> in brazil, one air traffic controller described by the judge as unqualified and incompetent is acquitted. another controller is convicted of negligence. in its final report, brazil's ntsb equivalent acknowledges failures of the brazilian controllers as well as legacy pilots, stating both parties should have become aware of loss of radio communication, far sooner than they did. in an e-mail, they state the accident investigation does not establish responsibility or guilt but identifies the contributing factors with the primary objective being prevention. if there's a lesson to be learned from this tragedy, it is that there will always be human factors that lead to accidents. >> with

philip weiss, thank you for your thoughts. >>> thank you, our earns squad digging into big up names andfter the bell, we have their keys to the call and earnings numbers coming up. >>> plus street talk, that's also coming up. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh >>> breaking news, more on this developing story around american airlines. arier we told you there were computer issues affecting the reservation system and check-in process. it's actually just gotten worse. american airlines grounding the entire fleet at their own request, not the request of the faa, because of their computer problems. apparently they were loading flights mannelly, the old way, versus check-in issues, now american airlines grounding the entire fleet by its own request to the faa. obviously there's more than 1500 flights per date, countless nu

"wall street journal", young lady named susie lee weiss wrote to the "wall street journal."s tell you just be yourself. that is great advice as long as your self has nine extra kur rick cue lars, killer sat scores, and two moms. to me, that's spoiled milk. >> that's how you grow. >> you also want to go to a college where you belong. if you they don't want you, you don't want them. >> you go, girl. >> it shapes how you do business. they're coming out of school soon. >> i coached little league baseball for 13 years. i was hitting ground balls to a kid. and he wasn't doing it, he couldn't do it. i was trying to get him comfortable with it. his mother came out into the field and said, you're singling out my kid and you're destroying his confidence. >> that's helicopter parenting. >> these parents are calling the admissions office of nyu and saying, how could you possibly leave my child out? >> welcome to the real world. >> these kids, these 17-year-old kids that are coming into college, they didn't get in. welcome to the real world. >> welcome to the real world. >> you will be r

weiss what back and it doesn't cost anybody any money but in doing that there is an interest rate, so if they wave it essentially the federal reserve make dollars available. >> host: the swedish national bank and the swiss national bank. >> guest: that is partly the common purpose that these central bankers shared. >> host: as you point out in the book when the fed was lending money to banks and they expanded their direct lending to banks to the discount window and the thing that is both into it, it turns out we know now a lot of european banks were borrowing direct from the feds. so it strikes me as exactly as you say, exactly the opposite of the 20s when each of them is falling apart in this time they are pulling together. >> guest: i will be honest as in in the eyes of a beat reporter i didn't understand the time. they announced the new lending facility and i got my head around this. this was in december 2007. we now know because all of this information has come out by way of lawsuits and the dodd-frank act, that overwhelmingly that money ended up being hundreds of millions of doll

one city a after another, including washington, dc, taking the effort they're taking, that's just a weiss -- wise pred our? >> yes, you take the expellens you gain from the explosion or the area of the explosion, and that will be multiplied by each city. new york city right now is having their crv, their critical response vehicle, all over the city, securing hotels, transit hubs, public places, rockefeller center, probably around the studio and our building right here, just as a precaution. you don't want to take a chance of someone or a copycat in another city may decide today is their day and they're going to go out and do the same type of thing. >> neil: everyone worries that the copycat nature, that even when we report an explosion or followup on an explosion, it might not have anything to do what if happen right after the marathon today. might just be some nut who said, let me glom on to all the attention. how do you distinguish? >> you distinguish by the investigation that is now going on. if they have a suspect in custody, that's one way. the unexploded bombs that supposed lid they

susie lee weiss made it very clear whys, perhaps, she did not get selected.orn a headdress to school, show me any closet, i would have happily come out of it, diversify. colleges tell you to be yourself, that's great, unless yourself has nine extracurriculars, six leadership positions, three varsity sports, killer s.a.t. scores, and two moms. i should have done what i know was best, go to africa, scoop up a child, take pictures, and write an essay about how spending that day with kinto changed my life. >> not just a new generation of entitled kids, but it's a scathing commentary in the college admission process. >> the college admissions process is very subjective. kids want to know what is this magic formula i need to get in, they are told be yourself, but colleges don't want a bunch of just yourself. they want a kind of mix of kids who are in there. what i think it tells people like susie is you should not put all your eggs in one school's basket. you can be very successful not getting into whatever it is that school that you wanted. a college degree is a g

parking back to the 90s, one of the themes that seem to be sacrificed weiss to our chagrin. can you balance those programs? without getting into detail obviously, is there one area that is going to suffer more than the other organic aspect to the question, can make you the flexibility to manage better? >> again, not to be a johnny one note, but in this environment, the one thing i ask for is more latitude on how we take the cut in allowingu to put the money where the most important payoff is. with respect to the question you raised commissary, the approach i've tried to take in the last two years is to try to protect in the best and most capabilities that give us the most general coverage. that's why in very strong on sustaining our overhead reconnaissance capability because that covers the earth, nied area o not and similarly come even when retain in the late 90s, human capabilities iexy important. that's why i'm a huge propent oforickers is doing, which isn't an increase as much as a reshaping, recast in our organization. i started in 1992 with better integration with the

the white family, which started the company more than 100 years ago, the weiss family buying americangs at a deal valued at $885 million. the greeting card industry has struggled as more people go digital. the founding family thinking it can do better private instead of public. >>> another $500 million being returned to victims of bernie madoff's ponzi scheme, bringing the total return to about $5.5 billion. sounds like a lot, but investigators say investors lost nearly $18 billion in madoff's scam. most of the money still unaccounted for or hasn't been returned. bernie madoff, the mastermind behind that biggest ponzi scheme in history, is serving a 150-year sentence after pleading guilty in 2009. >>> all right, everyone complains about their taxes. think your taxes are too high? try going to denmark. the top income tax rate there is 60%, the highest in the world. this is according to the oecd. denmark, followed by sweden, belgium and the netherlands. down at 20 out of 34 countries ranked is the united states. >> wow. >> they come in with a top tax rate of 44%. that's in california. n

father bob, monsignor bob robert weiss, who that evening conducted a vigil that we attended when many resolved to light candles instead of curse the darkness. the greatness of leadership demonstrated by many of our public officials beginning with pat lodra the first secretarywoman of newtown, the legislators who passed in connecticut a measure that will provide a model for the country in attacking the problem of gun violence and the leadership of our governor, dana molloy. and, of course, the great goodness of the educators who through -- threw themselves at bullets, cradled young people seeking to save them, heroically gave their lives. their models of courage and leadership should inspire us at this critical moment. they should inspire us to think better and do better and resolve that we will not let this moment pass, we will seize this opportunity and we will demonstrate the kind of leadership that the majority of americans expect and deserve and need at this point. the majority of americans want commonsense measures to stop gun violence. the majority of americans want a vote, and

rose of lima presided over by father bob, who is monsignor robert weiss, a very moving and powerful experience. the church was filled, people stood at the windows to hear what was going on. the governor spoke and so did i, and i said that evening the world is watching newtown. and, in fact, the world was watching newtown, as we knew from the horror of that afternoon when many of us arrived at the church, and first at the firehouse to see families emerging and learning for the first time that their children, their babies, would not be coming home that evening. it was an experience that will stay with me forever. the sights and sounds of that afternoon filled with grief and pain will never leave me. the world was watching newtown that day and that evening, and has watched newtown and connecticut in the days and months since, and i have been privileged to spend many hours and days, weeks and these past months with the families. the world has watched the families, and it has seen in them and in newtown a great community, a quintessential new england town, the strength and courage that was as unima

joining us on the squawk news line phillip weiss. we can see you. energy analyst.can, phillip. >> sure. first of all, exceeded expectations by a little bit. production was a little bit short of what i expected. it looks to me like the performance was mostly in the chemicals business. >> were you surprised? we were a little surprise because i can there was a little bit of a worried given gasoline prices. >> it really didn't happen until march. they're looking a little bit weaker in the second quarter. in real terms, 1.5. sometimes that's a problem people point to. now the stock is not up. is that a problem? >> production is supposed to be down this year. that's expectations. but like i said it fell short where i expected them to be. they ended up 3.5. >> so you don't use the adjusted number. it was 3.5% or so. >> right. >> all right. thank you for your perspective this morning. >> you're welcome. >> we appreciate it. kids are coming and going all over the place. >> it's getting a little more chaotic. >> that is max. henry is over there too. and now max is crying. >>

the greeting card company agreeing to be taken public by the weiss family for 18.20 a share in cash.for dell citing pc pricing pressure and required investments. this comes on the heels of dell's 274-page outlook that led to its decision to take that buyout offer of 13.65 a share from silver lake and michael dell. we reported on the details in that proxy a few weeks ago. steve joins us from ubs. steve, you've been following this sector for a long time and you know your way around m & a as well. my first question to you is simply why do you think blackstone seems willing to pay more than $13.65 and jump this deal? >> well, they've got dave johnson who went to blackstone from dell so he knows the company intimately and they believe they can do something with it. what's interesting is that michael dell and silver lake's approach doesn't seem to be doubling down. i would think they would look at something to sell off the lower end consumer pc business so you don't get the sense that they know that much more than we do outside the company. i'm not quite sure what blackstone is thinking, b

presided over by father bob who is monsignor robert weiss, a very moving and powerful sermon and the church was filled. people stood at the windows to hear what was going on. the governor spoken so they die, and i said that evening the world is watching newtown and in fact the world was watching newtown. as we knew from the horror of that afternoon when many of us arrived in the church and first at the firehouse to see families emerging and learning for the first time that their children, their babies, would not be coming home that evening. it was an experience that will stay with me forever. the sights and sounds of that afternoon filled with grief and pain will never leave me. the world was watching new town that day and that evening and had watched newtown in connecticut in the days and months since and then i have had the privilege to send -- spend many hours, days weeks in these past months with the families. the world is watching the families and it has seen in them and in newtown a great community a quintessential new england town with strength and courage that was as unimagin

probably had nicer weather there and the bank of paul weiss was named to the three at of the last fivene of the best banks in the country, the best bank in the country. let's give him a round of applause. [applause] i am always reluctant to because it has been so long you have a 30 year perspective but you have been in the banking industry for a long time and part of the third largest what are the big changes? what are some of the takeaways from your perch? >> where do i begin? by the way it is 40 years in the industry not 30. >> i was trying to keep you younker. >> the environment we are in now is one where the economic prospects are less clear. i started thinking there was great confidence in the u.s. it was the locomotive that drove the world economy. that is no longer the case. another key point* that i think needs to be made is regulation, appropriately in my view, a much bigger part of the banking business than it was back then. i learned early in my career what not to do than what to do. i had my first 10 years of my career was at continental illinois that some of the older memb

tonight, because the way that drones are described, they are talked about as being legal, ethical, and weiss. i think david did a great job talking about the legality, as did avery. the ethics is something he can debate in the questions, but i would like to talk about the wisdom of drums strikes and the effectiveness of drench strikes. drones are is effective weapon, as david pointed out, and a threat to american lives, when using drones, is neither a immediate nor a parent, but that does not mean it does not exist. the term low back comes to mind. what it is america and is touring abroad in the name of the u.s. citizens is something that all of us at, as voters, members of this country, need to take seriously. david mentioned the ease at which drones can be used, and this is an important thing, because having a weapon that you can push a button and without putting any american lives in the immediate risk is a very subjective thing, and in many cases it has given some u.s. policy makers the idea that drones can act as a magic solution to an incredibly difficult and a very complex problem. i

a weiss find almost on a daily basis some incident that -- that's happened that's unacceptable. the bottom line here -- and i know you guys have talked about this a lot during your presentation of the bill, we've talked about something called common sense. making sure that when we do a background check, it actually is a background check. making sure that -- and, by the way, it will not, this bill will not solve all the violence problems in this country, not even close. but is it a step in the right direction while protecting my second-amendment rights? yes, it is. does it take away my guns, does it stop my ability to go out and buy any guns that i could buy today? no, it does not. does it have any impacts on things like assault rifles or big, large magazine clips? no, it does not. what it does is this: once the national instant criminal background check database is up to snuff it will prevent people who have a history of violence, who use guns improperly from getting a gun. it will prevent people who are violently mentally ill from being able to go out there and buy a gun. and i