if you look at new york, that's 11 stations. if you look at los angeles, it's 16 stations. in addition, you have literally thousands of translators, low-power tv and class a stations -- the small broadcasters -- that are often forgotten in this that, frankly, will have no home. once you take those channels away, where do you put them? i have to, in essence, take all those stations and try to squeeze them into a much smaller band. >> host: we're out of time but two final questions. we'll start with you, mr. donovan. reed hundt recently said in a speech that he thinks broadband is the new national medium. dodo you agree with that? >> guest: i think i disagree, and the reason is because for the last 50 years and certainly going into the future a point to multipoint distribution service which is what broadcasting is licensed on a local level has provided basic news and information. the economics of news generation in this country particularly with respect to reporters on the street are all premised, and if you look at the economics, it's all local television that is driving tha

if you begin to look at the broadband plan, against our perspective is this. we believe that we are part of the overall wireless architecture in this country. as you go forward and look at the demand, the vast majority of that is to see video pictures. our architecture has already been built for and is providing that. we think we're part of this plan. we support the spectrum inventory build. we have some concerns. the concerns are if you look deeply into the broadband plan, it does not really go into a hard, strict inventory of how all of this spectrum is being used. there are assumptions made. there are studies that have been made which vastly over project the demand going into the future. it does not consider a number of factors, particularly with respect to meeting that demand through the system we have already. one thing that bothers us is that there is a statement in the broadband plan that they want to take whatever 20 mhz, 40% of the channels now allocated for television broadcasting, they want to take that. you have a can of tennis balls. i decide to re

if you look at new york, it's 11 stations. if you look at los angeles, at 16 stations. in addition, you have literally thousands of translators, low power tv and a stations to small broadcasters that are often forgotten, that frankly will have no home. once you take those channels away, where do you put them? i have to innocents take although stations and try to squeeze them into a much smaller band. >> host: we're out of time, the two final questions. we'll start with you mr. donovan. reid hundt says he thinks it is the new national media. >> guest: i disagree and the reason is

if you look at the degree to which they new issue rules, believe they can regulate the entire carbon economy, again you want to talk about socialism. how about having a government agency of unelected people who decide they can literally rewrite the entire economy based on carbon. i think it is hard to reform an agency which spent two generations recruiting people who are more and more antibusiness, more and more anticommercial activity and who represent a value system that is very hard to deal with. >> chris: you also talk about replacing entitlements like social security. >> i think that you have to migrate to a system that is social security based on personal contributions. and i think that if you are young person today and you do the math you are much better off having social security system where you control your money, you put it in, it builds up for your entire working life when you retire you get the money. >> chris: really wanted that when the stock market dropped by 50% over the course of the last couple of years. >> if you put in your whole lifetime you would still be way ah

if you look at a four-day chart, all these charts look the same. you're basically back where we were on monday. after this gigantic roller coaster ride. they trade little more volatile than the overall market. same situation with coal stocks. massey came off of its low. look at that. v-shape trade here as we open the markets here. same with the home builders. high beta names, very volatile and a lot of price swings throughout the week and still down on the day but still moving towards the flat line. >> thank you very much, robert. >>> greece is the word for all volatility in the stock market. the vix up double digits again today. there it is up 5% to 25.02. so, our question right now is, how do you play these volatile markets? joining me scott raedler chief strategic officer and mark travis president and ceo of intrepid capital management. i want to know how you play this? >> the same way we always do, from the bottom up. we turn over rocks looking for a special situation whether there is a discount for what the private market and on the fixed inco

that's 600 million shoes last i looked. >> let me ask you this. lot of the bears may also say, jim, kweerned about the u.s. consumer. we don't necessarily buy into this. >> there's no buying -- all right. buy the tradedown. go by the knockoff. i -- look, let me tell you what's interest. >> people need sneakers at the end of day. >> they don't need the $200 jordans. here's something interesting. costco on this -- charitable trust, this stock has not gone up for as many -- this stock has done nothing as the coiled spring targets and no doubt where you shop true religion, half a pair of pants costs 200 bucks. those stocks are rotating into costco and walmart. and that, again if you want retail, that's what's going to -- walmart, costco and revenge of the in other words. this -- utilities and don't forget. >> what about the -- >> mlp. >> what about the homebuilders? you were telling me earlier -- >> they are domestic. everybody is freaking out about the homebuilders because they are saying the tax credit has gone away. i urge people to go on the horton

it depends on how you look at it. government could do that but it already had to take 20 different positions. >> let's remind you why we're doing this. at the moment we have a huge deficit. if we take that, the jobs for the future fine, the problem was not yet as a program, even at the person that was supposed to be getting employment actually did not turn up for work. that was a waste. labor pledges to increase by 20,000, and they are increasing by 10 per -- 10,003 we are increasing that and hire a education. >> if you look at the entrance of the -- a sovereign interests, what say what you are looking at today. this is where the queen will be arriving of little later on. the great state coach will bring the queen and. before then, keep your eye on this, because this will give you the first sense of the ceremonial beginning. the detachment of the house is cabaret, on their way by the sound of it. let's wait to see. this is the scene outside the house of commons, and if you look into the victoria tower, you can see the

if you look at the degree to which they new issue rules, believe they can regulate the entire carbon economy, again you want to talk about socialism. how about having a government agency of unelected people who decide they can literally rewrite the entire economy based on carbon. i think it is hard to reform an agency which spent two generations recruiting people who are more and more antibusiness, more and more anticommercial activity and who represent a value system that is very hard to deal with. >> chris: you also talk about replacing entitlements like social security. >> i think that you have to migrate to a system that is social security based on personal contributions. and i think that if you are young person today and you do the math you are much better off having social security system where you control your money, you put it in, it builds up for your entire working life when you retire you get the money. >> chris: really wanted that when the stock market dropped by 50% over the course of the last couple of years. >> if you put in your whole lifetime you would still be way ah

we have had a lot of fun laughing together. >> this is from cbs news -- what are you looking forward to and what you going to mess when you get back to the ground? havem going to mess -- we been appear five months and -- you finally think you're getting the hang of it and it's sad to be departing the operational world i enjoy and love as well as the camaraderie we share with our crew mates. what i am looking forward to is getting back together with family and friends, specifically i would like to drink something not through a straw and have food stay on the plate for a change. >> i can understand that. a quick 140 cmdr. can you give us -- a quick one for the commander. can you give us your impressions of the new module? >> thank you. the new module looks really good. it is still packed with cargo that was brought up with the module and we will work very hard to unload it, but in any case, it is excellent, especially this model is designed to be a russian science laboratory. so we are really looking forward to utilizing this model in the future. thank you. >> that concludes questions f

you, frank? >> gold market right now, we're looking at people positioning on dips. ly have a situation right now where gold is an international currency. we're seeing central banks throughout the world, you know, diversify their holdings and big part of those holdings are going to be gold. you certainly look for the gold market to come back. we had a nice comeback today on a dip down to 1156 and here we're up about $10 off of that low again. traders do come in on these dips in the gold market. we look for the gold to continue to advance. >> we have a nice comeback in stocks, too. why not cite that and say, let's buy stocks. >> well, there's nothing wrong with trading the equity market either. i think people should be diversified in this world right now and gold offers a good chance at diversification and may well outperform in times of problems with equities, too. >> in what form would you recommend the average retail investor buy gold? there are futures, there are coins and gold etfs, what do you think is best? >> as a future's trader i generally recommend peepinal

you are looking at now thoeshgs are names that will probably do you well in the meantime. >> can you at the health care space? does it look like it is all right technically. >> well, here is what it is. almost a case of just being contrarian. charts are so bad in many cases that they are good. it is just -- atrocious patterns. they are defensive. this is a time to be -- go for them. >> go for walmart and pfizer. >> couple that, though, with your view on the entire s&p 500. how does that chart look? is it -- does it look so bad it might look good? >> right. here's what we are playing for. s&p is okay. here's -- i think we are playing for the january highs. that's 11501, 160 or thereabouts. perfect bounce off the 150 average, 5. straight up three-month move. normal enough giveback i would use again the january tops 1150 as a reference point let's head deeper to the top story of the day. european weighing on the markets. brian kelly, b.k. conundrum capital. everybody is looking at greece and you are looking at the uk. why? what's the impact here? >> absolutely.ç mine, we talk about spa

a heart a hand to hold on to ♪ ♪ everywhere you look everywhere you look there's a face of somebody ting to carry you home everywhere you look ♪ ♪ [ cheers and applause ] >> jimmy: straight no chaser right there. that's how you do it. come on. that's it. hey, if you like good a cappella music, their new album is called "with a twist," it's in stores now. give it up one more time for straight no chaser. we'll be right back with tracy morgan. [ cheers and applause ] ♪ ♪ [ cheers and applause ] >> jimmy: welcome back, everybody and thank you so much for watching. our first guest is an emmy nominee for his work on "30 rock" and he's one fo the stars of the new comedy, "death at a funeral," which opens in theatres nationwide today. let's look at a clip. >> what's going on? who's that dude? >> come in and shut the damn door. >> what's happening? >> he's having a seizure. >> damn! [ laughter ] >> come on. jacket under his head. you guys happen to see a little, uh -- >> come in here! come in. >> norman, i told you to lock the damn door. >> what's going on? >> he's having a seizure. [ laughte

are you looking for answers? e accu-cheiva syst now has new tools to helpou discover what your numbers mea and how the things you do are connected to your blood sugar patterns. [ michelle ] with this tool i can see how food and the time of day affect mnumbers. i discovered how to wake up feeling great. [ male announcer ] disver the accu-cheaviva system and save with a prescription discount card. start your discovery today. >> we dodged a bullet and possibly a significant bullet that would have had immediate effects on me that i was right askros the street. even if one of the propane tanks th had exploded the glass in and much itself would have probably injured a number of people. >> okay back live everybody. lia mains of lexingtlexington, kentucky, you missed the derby much you were here yesterday and today. where were you when that happened? >> we were right about 100 yards from the vehicle. had it exploded it would have been dead. >> describe what you saw? >> we did see some smoke. we were there before the smoke

you. i'm looking forward to seeing you there.olds everything." a beautiful song. people will love it and they'll want to buy it but right now, they'll want to listen it to. >> all right. ♪ ♪ ♪ ♪ ♪ waiting for that other shoe to drop ♪ ♪ swear this world is going to come to a stop ♪ ♪ drowning on dry land and you can't come up ♪ ♪ to me, so weak and you look at that mountain ♪ ♪ say there's no way over, no way around it ♪ ♪ you feel like you're so far from home ♪ ♪ even god's not there ♪ but every single and every rock ♪ ♪ he can see ♪ yeah, you're in his breeze ♪ ♪ hold it back with one sure ♪ ♪[ inaudible lyrics ] ♪ i believe he holds everything ♪ ♪ when it's late at night and you are staring at the dak of bills ♪ ♪ and it don't add up and you don't know how it will ♪ ♪ singing with a half-hearted prayer ♪ ♪ but you still don't know ♪ when the anchor man breaks in on the tv ♪ ♪ and says these times, they won't be easy ♪ ♪ and fear sets in ♪ and you want to give in ♪ just let it go ♪ let it go ♪ because every single sparrow flyin

if you look at something like china, china peaked out. if you see the fxi the etf that tracks china that peaked in november of last year peem which tracks emerging markets peak said down january this year pfxi is down 14% or so from its peak while the u.s. is only down 4% so the supposed leadership of the world which is the china growth story which is certainly not playing out at all, what it shows is you can certainly take the high-beta names down quicker than the high-beta names and right now the u.s. is lower compared to other markets and china. >> so many people talking so long that property prices are in a bubble and you know 40% higher in the last couple of months i heard on some properties in beijing right now. >> welt government's trying to stop people from buying their third home. it's amazing. >> and they're not flipping it like the u.s., right. >> no, but's have some perspective here. china's one major company that's actually trying to slow their economy down. we actually forecasted our last global outlook, more that china that

we're going to have to wait it out until his arm gets right or ready or however you want to look at it and once it's become apparent that his arm is right, this guy has been a great cog in this wheel. so you know, right now, tyler walker is valuable to the relief core on the team as anybody. >> bob: used to have to wonder until brian bruney works out his issues, if walker suddenly becomes a 7th and 8th inning man. >> rob: he didn't want to use tyler clippard today and that's why reused bruney. >> bob: that bouncer will get through for ian stewart. his fifth base hit of this series and clint barmes will be next. barmes, 0-3 tonight, 3-11 with a couple of rbis in this series. he's made his contributions significant with the glove at second base. >> rob: he was really in game one. making plays all over the field. so was rockies defense. >> bob: way the way, their -- by the way, their bullpen is quiet. they liked the way belisle threw when he came in. they're a team without anybody in the bullpen right now who has a save. >> rob: ooh. >> bob: that ball deep -- foul and it does. >> rob: ooh

pete, as kids, i always looked up to you. now, i'm just trying to look after you.f you cannot afford your medication, call 1-877-niaspan. niaspan is not for everyone, like people with stomach ulcers, liver, or serious bleeding problems. severe liver damage can occur when switching to niaspan from immediate-release niacin. blood tests are needed to check for liver problems. tell your doctor if you have muscle pain or weakness; this could be a sign of serious side effects; this risk can increase with statin use. tell your doctor about alcohol use, if you've ever had gout, or are diabetic and experience increases in blood sugar. flushing, a common side effect, is warmth, redness, itching, or tingling of the skin. ask your doctor about niaspan. fight back. fight plaque. to st. cloud, minnesota. >>> welcome back to "larry king live." i'm jeff probst sitting in for larry tonight. joining us is john paul dejoria, co-founder of paul mitchell systems. he gives to matter of trust to make oil spill hair mats. also joining us here in l.a., ed begley, jr., an actor and well-kno

are you looking for answers? ew tools to helpou discover what your numbers mea and how the things you do are connected to your blood sugar patterns. [ michelle ] with this tool i can see how food and the time of day affect mnumbers. i discovered how to wake up feeling great. [ male announcer ] disver the accu-cheaviva system and save with a prescription discount card. start your discovery today. >> doing a fantastic job. every day they keep their demeanor what a job they did clearing this place out yesterday. an evacuation. ten he's of thousands of people nobody got hurt. the commissioner of police ray kelly gave a comprehensive press r conference. fox 5 in new york an all time colleague of mine. while you are here in times square i understand you see police activity where you are. >> geraldo i was standing 20 feet from where the suv the bomb that didn't go off is right behind me there. tonight i saw a number of new york city police detectives guys who have been in this hot weather. canvassing the area might find

you. i'm looking forward to seeing you there. called "he holds everything." a beautiful song. people will love it and they'll want to buy it but right now, they'll want to listen it to. >> all right. ♪ ♪ ♪ ♪ ♪ waiting for that other shoe to drop ♪ ♪ swear this world is going to come to a stop ♪ ♪ drowning on dry land and you can't come up ♪ ♪ to me, so weak and you look at that mountain ♪ ♪ say there's no way over, no way around it ♪ ♪ you feel like you're so far from home ♪ ♪ even god's not there ♪ but every single and every rock ♪ ♪ he can see ♪ yeah, you're in his breeze ♪ ♪ hold it back with one sure ♪ ♪[ inaudible lyrics ] ♪ i believe he holds everything ♪ ♪ when it's late at night and you are staring at the dak of bills ♪ ♪ and it don't add up and you don't know how it will ♪ ♪ singing with a half-hearted prayer ♪ ♪ but you still don't know ♪ when the anchor man breaks in on the tv ♪ ♪ and says these times, they won't be easy ♪ ♪ and fear sets in ♪ and you want to give in ♪ just let it go ♪ let it go ♪ because every single

and the chart basically shows you -- >> let's take a look at this chart. and we'll run through a little chartology here because this is the nasdaq 100 over the rydex nasdaq 100 bull-bear ratio. what does it show you? >> we saw this earlier this morning. this was before the market opened. this was like at 4:30 a.m. so we saw this, and this kind of looked kind of -- it stood out quite early this morning that technology once again in terms of the sentiments bull to bear is almost at record levels as we've seen in the last year. >> and technology's been one of the sectors that has underperformed, but you have had a lot of indication that it was going to break down. look at google. had the earnings on april 16th. it still has its price gap between 568 and 588. broke down while the market kind of hung in there. but that gave you the lead. right now i think when you look at technology and go back to the commodity space, those are sectors that you want to be in when you look forward to the second half of this year. >> and again, we talked intel ahead of earnings. w

and that's where you would look. go to your public library -- generally -- you would go to the public library if you didn't want to buy the book yourself and check. that's the first thing do you. the second thing i want you to keep in mind is -- we all love the web. but there's no filters. not that there should be a filter but there's no filter on the information. you should be careful about using the web to contradict a scholar's work. again, scholars make mistakes but i think take them at their word first of all. go to the source they cite. check that cite if it's that important to you and if you find there's something wrong with your interpretation, well, you have a case. >> amherst, new york, good afternoon. >> good afternoon, peter and tim. yes. am i going to have a chance for two short questions or do you want my best one. >> please go ahead with your two questions, sir. >> okay. we'll take them one at a time. i'll submit to you that newt gingrich made president bill clinton in my mind a great president. would y

i think you have to look at it as an opportunity. you have things like iron ore that is not privilege to the tax, but you look at a company down almost 20% in its highs from last month and you can buy it under $30 a share and then you start looking at the oil sector being we might have inventory mums that are off, but we'll start using that. the manufacturing numbers being over 60 right now is extremely encouraging. i think that there it are other areas that you can play with a little bit of beta like the dry shipping index. we have to look at the basic essentials. those are things that sold off, that don't have the political risk of the banks. i think that investors need to put on their buying hats and this is not the end of the world. >> are you going buy tomorrow, lee? >> we bought a lot today and i'll tell you the things that i'm specifically looking to buy right now, i'm looking at increased holds in dry bulk shipping. could i buy more of the banks. but i really have my eye on the energy sector and parts of the commodity sector.

you look at the performance, what do you notice? and no walks on the road trip. >> walker has been scoreless. innings pitched, 3 for shaun and 3 for walker. speaking about walker, let's go off to denver where it's a great day for a baseball game. >> thank you, johnny and yes the weather is perfect, can't get better than this. tyler walker is perfect in the last 6 appearances, 5 and a 3rd scoreless innings. he's a close starter and he's hitting up and getting better. i asked him about his effectiveness. >> keeping the ball down in the strike zone, i learned a lot from jamie last year. he told me to never overthrow anything and, you know, i have success with the breaking ball. i leave it up to get hit and fastball, the same way. i've been focussed on that. body is feeling good and i am able to get out front and follow through on the pitches and get extension and that's a big thing for me too. knock on wood. you know, that contributes and getting in there a lot, too. that's key for any relievers to just keep throwing the slab and getti

there you go. looks good, yeah. that's the way to do it. this is it. now you guys look great. out -- this is good. yeah. looking good. that's what i'm talking about. yeah. this is great. hey, guys. if you -- you guys may have noticed. it seems like the fog is rolling in here. [ light laughter ] i -- i don't want to crash this party before it even gets started so we've got to get them to turn on the light in the lighthouse, okay? here's what we're going to do. you guys got to be the human fog horn, okay? like this. everyone is going to go -- [ laughter ] -- so, so everyone on this side of the audience go -- >> jimmy: and everyone on this part go -- all right? then everyone at home -- everyone on this side of the television go -- and everyone on this side of the television go -- >> jimmy: all right, good. loggins and then mcdonald, can you help these guys out? >> yeah. >> jimmy: they are going to do -- they are going to go out there and direct you guys so that we can get this -- hopefully get the lighthouse guy, he's very shy. hopefully we can get him out here and turn the light

you know, if the people who are looking close at that data think -- >> does it make sense to you that>> you bet it makes sense. >> that's why i understand the civil angle of this being alone. >> although, do remember, there's civil, and you keep looking. and so, civil does not mean there can't be a criminal charge as well. >> right. >> and let's keep in mind, this is one transaction. so, a charge on one transaction, one deal, doesn't mean that there aren't charges on another deal and another deal and another deal. >> over the weekend warren buffett said he wasn't disturbed by this in the least. did that surprise you? >> actually, it did. you know, i think of warren buffett, who's really about honest markets, and he said a lot of really good things and have done a lot of really good things about honest markets, but i was really surprised he thinks that's not disturbing. he may are a personal relationship here with someone. i don't. >> i think he has some money, perhaps, involved. >> he has a money relationship. i think he loaned them about $5 to $10 billion -- >> in goldman, i believe

if you look at the ads, you can see it targeted. they know i live in vienna, virginia, probably throughhe i.p. address. if you look in the ad itself, you'll see the icon and a notice. : and innovative and that is the key today. so treatment that was locked up by a company called utter advertising that is a compliance program that helps people come into compliance and live up to the privacy principles and if you look you have the notice within the and nothing could be more easily discoverable by consumers than the notice of data collection within the targeted amount itself and so as you go through, consumers want to find more information and you click on it on the ad you get an over lake, it takes over the air. from member this is different from the first publisher notice because the third party doesn't have access to the entire website said the have to respect the territory but it takes over the ad is false and there is a meaningless information how the data is collected and you can see right there if they want to -- if they keep go

you look good, you sound good. what's the complete update on the cancer?ate is, i had a rough year. i went through multiple different forms of chemotherapy. you know, some of them didn't work, some of them did work. i went through a full stem cell transplant where i was in isolation for 30 days. and that really got the cancer into remission, in addition to chemotherapy. so i'm really excited to wake up every day and be alive. and have the opportunity to come out here and raise awareness for important projects like this. >> jeff: and what do the doctors tell you about the future? or you? >> the future looks bright. you know, they say -- and i can go on, lead a fairly normal lifestyle. some precautions i have to take. but i feel great. i'm full of energy. i'm getting back to traveling all over again. i'm working with grass roots soccer, working with pew in the global conservation act. i couldn't be happier. >> jeff: and what do you make of tonight's show? this oil spill and the impact it's having? >> i mean, obviously i think it's horrible. and, you know, i

i will tell you that it is sometimes much harder on the spouses. she looked at me and said, "i am not going to another campaign unless god himself comes to the door and says you have to run." i do not think that is going to happen, honey. as time passed and we had an opportunity to process when we had been through, we were sitting in the living room again having a similar discussion. she looked at me and said, "i finally realized that what we went through in losing that campaign last year was not just about winning. it was about the race." that is a pretty interesting observation. which she had concluded was that as much as i was intent on winning, and i am a competitive person, at the end of the day we need to be in the arena. we need to be in the race. . if we will do that, we can consistent with those core values and principles build a better and brighter and more prosperous future for future generations. thank you very much. may god bless you and may god bless the united states of america. thank you. >> monday on c-span, campaign events from two candidate

you seeing? >> well, in terms of the s&p, it's looking much better now but it's at an 11.50 level. as long as we stay above that, we're still fine. >> jared, do you want to jump in there? >> i actually disagree. i like the 50-day moving average. some other things to talk about volatility, the vix at 24%. a move of about 1.5%. the thing is, i don't think the s&p maintains it, i'm a buy here of the s&p overall. >> looks like the risk trade is back on a lot of the mining and metal stocks, higher today. you have been vocally against some of them, short some of them. are the fears about that that people have a level of comfort to get in? j i think what you're seeing is a lot of short covering. i might be a part of it today. there are a lot of head winds out there. the market seems pretty stretched on the downside here. i would not be surprised to see a snapback. >> we want to touch on oil. joe, how are you playing this? >> well, you have significant volume today. we're approaching 400,000, the spot market right now. institutional selling has been here throughout the session today. and wh

you can do. weather-wise, here's what it looks like out there. it of a rough go around portions of the ohio valley, and then you go out to the pacific northwest, i see wet weather for you. midsection is hot and it's going to be hot as you look into next weekend for memorial day. near normal temperatures around the northeast, kind of cool and wet again for the pacific northwest. that's a quick look at the national picture. here's a closer look at the weather for your weekend. >>> this is great, we have the number one gymnast. chris, into you. >>> the legal woes for lindsay lohan continue to mount. she missed a mandatory court date this week and she has until monday to get back to u.s. and into court. hattie kauffmans th hattie kauffman this report. >> reporter: lindsay lohan is expected into court for a hearing related to her duis. the actress was stranded at the cannes film festival in france where she was promoting a new movie role. her absence angered the judge. >> i know that she has missed appearances. i know she's come late. and that could fr

>> if you look at the fourth quarter with a reported a huge loss if you look what was the component of the loss we made a profit and so i believe we are looking at a company that once we sell-off the company's talked-about or whose assets we talked about i don't think we are to get a company that could earn in 2011 without extraordinary charges and criminal charges and all these other things. i believe we have aconlict between six to $8 billion after taxes. so it is a substantial durham. .. >> are you making money or are you losing mon? >> if you look at her numbers right now i think basically we are holding our own, breaking sort of even. keep in mind that one of the variables that occs is that we have a lot of debt against the business, and it is one of the anomalies of our counting-- accounting system. as people ecome more concerned about aig, it actually improves the profitability of financial products sewer spreads widen and therefore we can take in earnings which is unfortunate. we shouldn't do that, but we do. that is how we comports on bad times we live better and didn't good t

the deeper you look, the more you see the real differences. and the more you understand what it means to own a mercedes-benz. the c-class. the engineering of mercedes-benz. starting at $33,600. ♪ national car rental? that's my choice. because with national, i roll past the counter... and choose any car in the aisle. oh, buck chooses the blue one! [ male announcer ] go national. go like a pro. choosing your own car? now, that's a good call. >>> we're back with republican congressman, mike rogers and democratic congresswoman. this one related to the terror investigation. tomorrow senator joseph lieberman and scott brown of massachusetts, they have co-sponsors, democrat and republican on the house side will introduce the terrorist ex pat ration act. it will allow a u.s. citizen to lose their citizenship to if they had any hostile acts against the united states of america. good idea? symbolic idea? >> very problematic. we're talking about constitutional rights of american citizens and we do still have a constitution in this country, even as we wan

>> you have to kind of look at his last two outings. ot have a good outing against the boston red sox and you see on that on the right-hand picture and on the left side, here was the game against minnesota and you see the replays of his arm angle, you say there's really nothing wrong with him. but it's gone through a couple of phases the you break it down as much as actually throwing too hard. in the one way against the red sox he was throwing 90, 91 miles per hour and back against minnesota, he finally found his release points at 88 miles an hour and it's really a big difference because it allows his hand to get out front and release the ball nice and easy. but it comes to the point where it's comes off the right finger with the fingerprint. his elbow was down underneath where it should be parallel with the shoulder or slightly above, he was underneath in here and that made his ball come up. his release point was way out here away from his body which gave him no strength at all. you weren't able to use your legs and get that nice a litt

if you look at the pattern is emerging over the evening -- >> you have not won gelding. these are all targets seats. >> look at the numbers. if you look get the numbers right on the target list, we are facing them, but if you look at the general swing, that is important. there is a swing from the liberal party and to the liberal democrats. -- from the labor party to the liberal democrats. >> to get a majority, you need to take those, and you have not. there are lots of seats still to be called, but you understand what is going on tonight? >> it is very difficult to see an overall picture, because it does not feel like the results are backing of the exit poll, and the tories seem to not be doing as well as the exit polls suggested. it does appear to be going to an overall majority. the numbers will look rather different from what we were thinking it would look like in the evening. >> what you think is going on? >> two-thirds of the seats are safe. a third of the seats that are not save, we will see quite different things in different places. not long ago, the conservatives

the left is a story of slaves, the enslaved african-american who said to his and flavor, master you look noble just like that lie in over there. the master says, that is not a lion. that is a. he says, you sure do look like cam. [laughter] that is informal. and that is going on inside the auditorium somewhere. it is so deeply part of our lives in the way we engage our reality. formerly fellow african-american political satire can be seen as early as the writings of charles chestnut at the end of the 19th century and probably the first completely satirical novel written by and about african-americans is george schadler skyler 1931 novel blood no more which attacks racism by imagining an america without black folks. since then we have seen a number of works that are praised black and political consciousness, tickled our finer literary talent and afforded us quite a few laughs as well. authors and works such as langston hughes, wave of white folks, moses man of the mountain, john oliver kila killing the cotillion all the way up to paul beaty's provides shuffle, darius james-- and preeminent

if you are looking at the military, if you are looking at people in the state department, you are lookingt n.g.o.'s and aid workers, you know, people who go there are -- i mean, why am i stuck with afghanistan for so long? it is not just the fact of the country, the people just draw you in. the country sucks you in. if you go in for the first time, you will be forever involved and interested in afghanistan. it has a very magnetic appeal. >> give us an example. >> i don't know. the afghans are a special kind of people. this was a people who were never colonized. the afghans were the only anche people who were never col owe niced by the -- who were never colonized by the british or anches and they received a sort of gand our but enormous warmth and hospital by talt. the country is an amazing looking country. it has everything, desert, mountains. the highest mountains in the world, the lowest desert. the landscape, the people, it is all very odd. many afghans joke that, you know, 4/5 of afghanistan is uninhabitable, and the afghans joke when god made the world in seven days, he made the rest

if you look back, this chart begins in december of 2007. you can see through the end of the bush administration, mr. speaker, that the economy was steadily getting worse. we were bleeding jobs. by the time president obama took office in january of 2009, we literally were at 700,000-plus jobs lost. and that continued all the way up until february of 2009 with the passage of the american economic recovery act. now i've heard a lot of ma larkey in the news -- of malarkey in the news media out there, particularly a lot from our fends on the other side of the aisle, about the supposed absence of job creation that the recovery act generated. well the numbers don't lie, mr. speaker. if you look at the direction that job creation has gone in, and our economic recovery has begun, you look at the blue line beginning in february of 2009 with the passage of the recovery act and you progress all the way up, where we were losing month by month, fewer and fewer jobs, and we talked about how any job losses are unacceptable until we reached the most recent m

looking for jobs? >> that is corrrct. >> to you call them read- entrance? >> yes, reid-entrance is one way to look at it. i was taught me about the increase in the labor force which was new entrants and re- entrance. >> how many of those were there? >> 800,000 over the month which is a large number. >> that is a huge number. 800,000? >if we did not have these, you probably would have a great, i guess, that would be lower than 9.7%? >> i don't want to speculate on that. >> i am not asking you to speculate but doolittle matt. >> that is correct -- but do a little math. >> that is correct. i was listening to mr. brady who was talking about the government jobs. then i look and say that manufacturing added 44,000 which are private jobs. >> they are. >> factory employment was up 100,000? >> that is correct them would those be private jobs. >> >> they would. >> what are federal? >> those will be private. >> 14,000 jobs is a lot of jobs. non residential and building construction, 9000, mining 7000, those are private? >> yes, they are. >> it is my understanding that

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if you look at age 65 by 2050, japan and germany you are going up around 30, 35, 40% of the population over 65 we've really have no historical parallel to this. they've never had so many older people with relatively so few young people and my good friend bill frye at brookings told me one time he went to japan how or americans having all these kids and i said if we have to ask that question we are in more trouble than we thought. but fundamentally we have a younger population that is at great advantage over time and by the way it should be pointed out that not only japan but correa and eventually china will all run into the same thing. the one child family will have ramifications and labor force overtime and the fact there is not so many more boys than girls in china you can imagine what that is going to lead to. now the america we are going to see is going to be very different. my mother who is 86 kuran on 87, when she got her cohort was about 15% of the population was non-white. my 5-year-old daughter, the world she's growing up in is going to be at least 40% non-white so we will be

pete, as kids, i always looked up to you. now, i'm just trying to look after you.cannot afford your medication, call 1-877-niaspan. niaspan is not for everyone, like people with stomach ulcers, liver, or serious bleeding problems. severe liver damage can occur when switching to niaspan from immediate-release niacin. blood tests are needed to check for liver problems. tell your doctor if you have muscle pain or weakness; this could be a sign of serious side effects; this risk can increase with statin use. tell your doctor about alcohol use, if you've ever had gout, or are diabetic and experience increases in blood sugar. flushing, a common side effect, is warmth, redness, itching, or tingling of the skin. ask your doctor about niaspan. fight back. >>> among the many heroes tonight in times square, wayne ratigan when a vendor ran up to him said he heard an explosion, saw smoke from a car. wayne ratigan dismounted his horse and got the crowds to move, emptied the theaters, got everybody pushed back to a safe distance. if you listen to wayne ratigan here, he's a humble

we don't know if this is the beginning of a correction but even if you look at where we are in the market in terms of valueuation you think have expected some kind of a weak period at some point given the fact that this market has been going up purely on anticipation of a recovery. >> yeah. maria, can you just point out one thing, maria when you look at that intraday chart of the s&p 500 just late in the session about 15 minutes before the close, we hit the low of the day at 1168, which is exactly where the 50-day moving average is. i mean that's technically very important that we did bounce off of there. if we break through 1168 tomorrow and then maybe go from the 50 to the 100-day moving average, which is about another 2.5% lower and then 200 days and then the march 5th low. the march 5th low is 1044, that's about 11% down. and i think this is a baste stealth correction. it started a week and a half ago, seven sessions ago that we've seen both the s&p and the nasdaq shedding, what 3.5%, 4.5% a piece those days that we've seen two-plus percent decline. a way of creeping, not one day-even

you can look it up. now i know some of you will say i did look it up and that's not true. that's because you looked it up in a book. next time look it up in your gut. i did. i believe the government that governs best is the government that governs least and by these standards we have set up a fabulous government in iraq. i believe that everyone has the right to their own religion, be it hindkbru, jewish or muslim. i believe there are infinite christs as believing jesus christ as your personal savior. most of all i believe in this president. now i know there's some polls out there, saying that that this man has a 32% approval rating. but guys like us, we don't -- we don't pay attention to the polls. we know that -- that polls are just a collection of statistics that reflect what people are thinking in reality. and reality has a well-known liberal bias. so mr. president, please, please, please pay no attention to the people who say that the glass is half full. 32% means the glass -- it's important to set up your jokes properly, sir. sir, pay no attention to the people who sa

look at you. you look gorgeous. how do you feel? >> i feel great.d up with you. i feel it's rude to sit down. this look, we are all in the cardigans now a day. this updated look. tell us about it. >> i will start with the hair. joe from salon joseph took nancy's hair and kept it a medium bob but he added a few more layers in the back to soften it and put highlights in it. >> i like the highlights. >> brittened her face. kim applied foundation. she says don't put too much makeup on if you are feeling like you are starting to look older, you want to keep the makeup light and she used neutral tones and less eye makeup and just more on the lids than the lower. for the outfit, we gave nancy an alternative to wearing a t- shirt. we put her in a blouse which is in but it hugs her figure well and the cardigan gives shape to the outfits. the chopped jeans are trendy but we gave her a waste on the jean that she was more comfortable with. would you have picked that for yourself, the little capri jean. >> capri but not jens. >> we went back and forth on the hei