if you look at religion or mythology, if you look at satan, if you look at -- the one thing they haven common is their all great to see the. the fundamental nature is deception. that's the difference between waging war and waging peace is you can't use deception. gandhi new energy get to go head to win hearts and minds, and you can't win hearts and minds bikes deceiving people. you have to build that trust that allows community and cooperation and peace. so, i consider myself pro-military and antiwar. people of something that doesn't make any sense. it's like being pro-farming and anti-four-star. for example, martin luther king, jr. was very antiwar. martin luther king, jr. was anti-vietnam war and anti-all war. but did you know one of his favorite television shows, one of the few television shows he would let his children watch was a show that glorified the melted. issue he himself like. a show that portrays people in the military with exceptional noble qualities but if you're be said is the work, please don't give it away. a television show that glorifies the?i military, let his chi

if you look at the names, we have been pounding the table. let's go to the refiner or the services names. i think if you stick with some of these names, you get the natural gas exposure and all of e & p. i like bp and the way it is trading right now. i think at $38 a share it is still a steal. >> jim, do you disagree? >> here is the problem i have. it sounds like you will trying to make oil a story of its own. oil is no story today. everything reversed and closed. to me it is a macro thing. i think goldman might be right in the long term. right now deflation is lurking there somewhere and that's the problem i have with oil or any of those things. already moody's will reslew major banks this month. how do you tlad the u.s. financials while all of this is going on? this is probably the most well telegraphed bank downgrade on the face of the planet or in the history of mankind, one would argue. >> the one name that i thought was interesting and it's still there. i thought morgan stanley had a nice bounce. i honestly thought it would test 15. just

and you look at the intensity of the solar radiation and all the biomass, look at the wind. t blows hard in afghanistan and that son will scorch you. there are enormous opportunities there and went to empower a village with energy, what is the first thing the villages want to do? they want to get a cell phone and they want to talk to the villages next door and they want to educate their kids. they want to get a satellite link in there. there is a great afghan entrepreneur who has got the rights for sesame street. he is translating sesame street into local languages. how do you find a way to get back to the villages? i would love to see a broadcast of oprah, 20 years of oprah reruns. every afghan village and empower those women. [laughter] >> i have two questions that are kind of interrelated and it regards the u.s. ties. i have read that after 9/11, and my wife and i were outside the united states and we couldn't fly in. the north american airspace was closed except for one flight for saudi families, 106 families i believe that were allowed out. it was the only flight around

the stimulus funding and you look at the billions of dollars going into other places. the research can't move fast enough, you can't spend enough, you'll never get ahead of it, because things that we accept for granted, we do without question. and occasionally when we question it, such as the on and off again discussion about the blood tests for prostate disease, we get a lot of resistance, because that's not the way we do it. it's the part that's already heavily regulated that tends to be drugs and diseases first, everything else last. and that doesn't strike me as being the exactly intelligent way to allocate resources. even worse, this wasn't supposed to be a diatribe against the effectiveness of research, but i've always been skeptical. these are highly retyped studies, so it isn't at all clear that they necessarily tell you what would really happen to the average patient in the average setting and that's a problem, because that's what you want to know the answer to. is it going to work most of the time or is it not going to work? because things that work under idea

i love it. >> you look sensational. >> look right at camera 12. you look awesome. jane. she left the building. right on trend to the lighter, brighter hair, a monochromatic. still natural looking but believable. miyuki's great haircut 0 give her some fullness and body. both ladies have this new icy lip color. >> i like that. >> i love it. >> look at everyone crying. >> what do you think? >> come on. >> she looks terrific. >> she was beautiful before. >> you do look like a different person. >> she looks like a movie star. >> you look gorgeous. >> thank you. >> and the hot little dress. >> i'm crazy about this dress. look at it from the side. it's from maggie london. she put it on and said my daughter is going to love this. >> let's bring julie out. julie, come on out. big round of applause. >> thank you for coming. >> we have a star-studded lineup. we just don't know exactly.

when you look at what is going on, you look at which is wisconsin. oter suppression laws. they said you had to be a resident for 28 days prior to the election. school is out, everybody goes only and you can't have those conveniences. so 16% versus the 22%. we have a great pleasure of welcoming our current tv colleague, jennifer granholm former governor of michigan. cenk is in new orleans. governor granholm. these are encouraging and discouraging when you hear about all the numbers and what you see what happened in wisconsin with these voter suppression laws. how do we look at 2012 with all this information at hand? >> you have obviously as you described two sides of the story. there are 180 voter suppression laws that have been introduced in 41 states. clearly that impact youth vote especially when you have to have a voter i.d. that reflects where you live, if you're going from campus to campus, that was the problem in wisconsin. to me what is the most optimistic and hopeful is the first statistic that you said. since 2008 4 million millennials per ye

you are looking at a chart here. down 1.3%. >> you have slowness in olive garden biggest component also at red lobster. they'll change menus and stuff. is it just them or consumer overall? i think it's a mixture of both. you have other options like equity which is applebee's and ihop getting better comps. they'll have to take a while to turn it around. >> dr. j., monster is in. sarah lee is out. talking about the s&p 500. that comes after the close of trading on june 28th. there's a look at monster beverage. it is down nearly 1%. that's a decent looking chart for mnst. >> they may be leaving the s&p 500 at some point in the future as well, judge, because of the rumors that swirl about this company all of the time. i like that they are being included in the s&p 500. i think you set yourself up into next thursday into that inclusion like you say thursday after the bell is when that switch goes on. i think you want to be long into that and not today. >> look at facebook here, pete. upgrade today. the stock has had a pret

you look for republican. if you are liberal, you look for democrat. you don't need ton the name of the candidate. >> for sounds great in theory. the reality of the kind of american government you are looking for here, you end up with desperate souls with different ideas and brains and all different policies. how does it work in reality? be sensible and realistic. how does it work? >> i will. what's wrong with that. read chapter two. >> i read it all. >> he backs me up on this. who backs me up in chapter two? george washington, the father of our country. thomas jefferson. looked up to by many today and john adams who actually stated that when political parties take control of the government, that's what will destroy it. it won't be a force from outside, it will come from within. those are three pretty good allies to have with me. >> jesse, again, i come back to reality check. you get all these brilliant independents and they are standing on their neck. the american public goes i like him. i like all these people. the truth is how do you govern when you

if you look at it, it's splitting a pretty thin hair. and the experience of massachusetts proves tha if you have an individual mandate and you take the sand out of the gears of people shifting cost, it will slow down inflation and we can get ahold of health care costs better. but i think that it's not what he's running on. he's running on repeeling the president's bill, on repealing the commitment energy, which is a big part of why we're getting manufacturing jobs back today. basically that budget that every person says add 1tor $2 trillion to the debt over the next decade. and having austerity now and bigger deficits in the odd years which is exactly what he should be doing. if he implemented what he says, it would be bad for the american economy. that's what i think. >> we're going to have much more of my interview with the former president of the under bill clinton, i'll ask him what he thinks about mitt romney. stand by for that. also, david axelrod is in the situation. the white house deliberately leaked classified information for po

stocks the rest of the year. >> let's talk to eric, you like the banks, what are the fundamentals you looke, our own fundamentals, or something else that gets you to like the banks right now? >> we look at u.s. fundamentals primarily, and overlay them with what's going on with europe. we're back to looking the u.s. fundamentals. one of the things i a highlight is the mortgage questions are stabilized and may decline. that was a major expense in the last two years. >> but it is a different story when you look short-term verses long term. the estimates are coming down, is this a different scenario when you look short term quarter for quarter verses longer term? >> yeah, i think it's completely different. people have not done themselves any favors. things like the scandal, ipo underwriting. short-term things look bad. long-term we're focused on price. the big three, u.s. banks, city group, jpmorgan, we'lls far go, they were trading at six, eight, and ten times the earnings. it's only going to get better. i think it will be a rough three, six, or nine months of trading. >> are you throwing dar

the way you look with juvÉderm® xc, might just change the way you look at everything.our doctor and visit juvederm.com. >> well, first came the hit on mitt romney's time at bain capital and now the attack on his tenure in massachusetts. and president obama's reelection campaign is spending more than 12 million on an ad that started running this week in ten battle ground states. the claim, as governor romney had one of the worst records in the country. >> when mitt romney was governor, massachusetts lost 40,000 manufacturing jobs, a rate twice the national average. and fell to 47th in job creation. fourth from the bottom. instead of hiring workers from his own state, romney outsourced call center jobs to india, cut taxes for millionaires like himself and left the state 2.6 billion deeper in debt. >> paul: ouch. we're back with kim freeman and mary anastasia o'grady also joins us, how effective is the ad. >> if you look at it on its own, it's devastating assuming that the electorate is going to be completely uninvolved in the election and actually, paul, i don't think th

you look at the scripted dramas and they are incredibly high caliber. you work with your husband? >> i would be so lucky to have him be writing for me. it's -- i actually say to him when we watch his show. i say do these actors know how lucky they are to have these words? i just feel like i cherish our marriage so much and i've seen a lot of relationships in the past kind of be -- people who had been together for years and then they work together and it's over. you're like what happened? and i feel like -- it's like church and state for me. i sort of don't want to mix the two. i sort of don't want to jinx it. doesn't mean we won't at some point. >> it's interesting. when we sat down and talked, you guys didn't talk about work at all. current events, talking about diets, health. >> we don't talk about work that much. people tell me what he's doing. it's a little irritating actually. >> i know. he's always busy. >> sometimes i'm like can you read this for me and he puts it off. >> he's a busy guy. coming up, i want to talk about aging on the big screen. an

you look beautiful. oh, thank you, karen. do i look beautiful? you look okay. you look gorgeous, mary. why are wedding dresses white? because mummy says it's a bad color, 'cause it shows the dirt. that's true. i mean, it's not very practical, is it? and also, why are wedding dresses funny? funny? yes, because when i asked my mummy and daddy in the car would the bride be wearing white, they said, "yes," and started giggling. did they. and they tried to hide it, but i could see mummy's shoulders weaving up and down like this. right. great. right, ben, little reminder. gravel. confetti. only you seemed to get the two confused at your auntie sandra's wedding, didn't you? and when the priest says, "does anyone know any reason why these people can't get married," no shouting out funny answers, all right? you mean, like, "she's a man!" yes. exactly like that. you're very lucky your auntie sandra's got such a good sense of humor. karen: who's that? that's sam. we used to go out together. how many of your boyfriends are here? not many. a few. a few. what about-- what ab

[applause] if you look around you tonight, you will see poster board. celebrating, acknowledging, the first asian americans. we have the first asian-american actress in hollywood. the first asian-american nba player. the first members of congress. these interns are the future of our community. they are the reason why we are here today. we're also here to celebrate and recognize one of the greatest members of our community. this year it is the first year we are giving the lifetime achievement award. the lifetime achievement award this year is going to secretary norman manetta. he is a trailblazer. a man who paved the way for many of us. he was the first asian-american mayor of a major city. he was elected to congress 10 times. he was the first person to serve two presidents in a cabinet. first as secretary of commerce to president clinton, secretary of transportation to president bush. it was on 9/11 that secretary mineta showed us what he was made of. he made the call to ground all of the planes. it was secretary mineta who instituted the policy is -- p

>> bob: you looked like huckabee. >> kimberly: you look better today. >> bob: the supreme court was ambiguous at best. they did say one thing that eric likes so much back to the 9th circuit. when they say you can stop them and decide if they're legal and at the same time, the court struck down the issue of carrying immigration papers. i don't know how you determine whether they're illegally here if you don't papers or you can't ask for papers. the other thing it did is authorize the police, arrested any immigrant they believe, they believe committed an offense. i found the most offensive of these things and that was struck down. if you take the three things struck down, it makes it clear that the police can stop you but they can't do anything about it. >> eric: when the cop stops you they stop you for a reason. if they have reasonable suspicion about the immigration status, he can export. the point you made out was that you don't have to carry your papers with you at all times. is the point. break the law, you don't know what will follow you with your papers. papers. >> bob: if they pull some

crab cakes, what are you looking at? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> welcome >>> welcome back. dow at session highs. we're up 56 points. nasdaq and s&p are higher as well. who is the biggest dow gainer you ask? gor jpmorgan? guess what, its cousin, goldman sachs adding it to its conviction buy list. let's get a market flash. >> we're seeing strong shares in terms of amazon, cnet reporting it will reveal its second generation kindle fire perhaps at the end of july of this year. amazon could not be reached for a comment trading well above its 50 day and 200 day moving averag average. >> where there's smoke, there is a -- >> fire. >> sorry about that. don't want to drag you into my puns. more original content. courtesy of "street signs." we know it's been a rough month for many stocks and sectors including small caps. the index down about a full percent since the beginning of june. as always, there are exceptions. we did what we do. we dug in and found small cap names jumping in j

have a hedge you look to make money you look to not lose money so you should be roughly equal it should come out at zero if you do it right but they were actually making a bet and he said that in his own words so now i think that's really interesting because we can just dismiss the whole hedge thing it was a unicorn hedge it doesn't really exist doesn't exist put it out once and for all exactly it was just a bad and senator menendez said you said it morphed did it morph into russian roulette right again taking that issue of risk right. so you're actually making a bet are you acknowledging the risk because when you and i talk about risk we hear the word risk when you say that to a banker they hear reward and that's exactly what was going on there that said it seems like they have fired nearly every person related to that so we have to see it's really hard to look now into the future and see if that will happen again because all the people responsible for it before are gone so it's really hard to tell what situations could occur again at j.p. morgan to convince them to tak

away the day life looks better when you make it ♪ ♪ all a game life looks better when you drink away♪ ♪ life looks better when you look away we burn out in the dark we are invisible stars ♪ ♪ we are a question mark be careful what you ask for we are broke and bad we never had a chance ♪ ♪ we want what we don't have be careful what you ask for you wanna believe ♪ ♪ the world can be perfect that anyone can be redeemed the glitter's always ♪ ♪ better than bad that's when it all goes bad just when your thinkin' everything ♪ ♪ is gonna be all right that's when it all goes bad just when you thinkin' everything ♪ ♪ is gonna be all right that's when it all goes bad we burn out in the dark we are invisible stars ♪ ♪ we are a question mark be careful what you ask for notice who's around careful what you ask for ♪ ♪ this isn't what i asked for be careful what you ask for this isn't what ♪ ♪ i wanted to see be careful what you ask for this isn't what i asked for careful what you ask for ♪ [ cheers and applause ] ♪ yeah, life looks better when you look the other way baby, look away ♪ ♪ do yoursel

>> you can look for company that is are growing the dividend. you are not looking at the at&texas, but looking at something like the eaton to grow dividend over time. i think you want the support and that income. >> okay. the dow and subpoena are at session highs now. the energy, financials, technology among the sectors leading the way higher. there's the s&p with the high at a 2% gain. same for dow industrials. the dow having the biggest gain for the markets overall since march. there's the energy spider, the xle is the energy sector with the best day since january. that's a 3% move in the xle. >>> coming up on "halftime," the mid-cap growth manager is making a big move. he'll give you his picks. scott mullinix reviews his picks next. >>> and paul davis reveals his next big thing in the halftime exclusive. how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fide

if you look at the environment today, you can see it. u.s. tax structure. and it's not just tax rates. government spending is taxation. and i've got to explain it to you. you know, it's so complicated in the 315 million person world with chinese capital and fred default swaps, you just get dizzy. you can't fall the t accounts. but if it's good economics, it works just as well in a two-person world as it does in the 315 million person. good economics is scaleable. are all of you with me? if it makes sense, it makes sense across the whole range. the only need thing about a two-person world is you can actually understand it. you can see it. package in we have two farmer, farmer a and farmer b. that's it. nothing else. nothing else outside this world. if farmer b gets unemployment benefits, who do you think pays for him? i mean i'm not going way over your heads here. and yet i hear larry summers and i hear austin golds bee. the doesn't create resources. it redistributes resources. and it redistributes them from people who produced them to people who didn't prod

we know that through the study of logs, if you look right here, you can actually see a core that's been taken out of the log. >>> he shows in the 1870s census as a farm laborer. this farm did not belong to him. it belongs to dr. james madison who is the great nephew of the president. he had been a surgeon in the confederate army and had a medical practice in orange and also owned a 300 or 400 acre plantation on this side of the highway. after the civil war, there were no slaves and most landowners didn't want to pay labors to do their farmer. what was the solution? tenant farming and share cropping. we don't know the exact details, but we believe that george gilmore lived on this property in return for work that he did on the doctor' farm. by 1880, george is listed as a farmer, not a farm laborer. the difference being he is no longer working for the doctor. he's working for himself. how is he still living on this land, if he's not working for the doctor anymore? george had five children, and the three oldest of them were sons, and those three sons were still living here and those three

we will name names for you next. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. >> i think what you have seen us talk about so many times on your show and others is we see this incredible movement to our customers becoming a social enterprise. they are amazing. they are figuring out how to use the consumer world and facebook and how to bring it into their businesses to make them stronger. >> the company announcing today that it is buying buddy media. >> i like what he is doing here. he is going after oracle. they were interested in buddy media and bought its competitor. he went right out. he is

do you look like a genius then? ing airline investment decisions based on oil prices. you could do it and make money. it's not something i ascribe to. in terms of how airlines trade with fuel they have not been correlated with fuel. only when fuel is expensive or cheap. as you look at the industry transforming it comes down to a simple thing. can you pass through the cost plus margin? as airlines roll back the hedge books which they did 10, 15 years ago they improved the ability to hedge fuel. as the hedge books come off which is what we are now seeing, airlines will act more rationally passing through fuel costs. hopefully the fuel equation becomes less of something people are paranoid about. >> we're going to leave it there. thanks for coming by. one of the top stock pickers. an options trade on ual. scott nations? >> that's right. ual continental got pummelled yesterday on dismal outlook in general. i will suggest something we don't do often. that's sell a covered call for stock rehab and sell the stock we own. be

to show you what they look like. on, off. this is a safety box you can't get it open until you turn it off. a couple of screw in fuses. this is a cartridge and screw in fuses. here it says on and off. pull it out stick it upside down and stick it back in. circuit break /-rs this is what most have. you have the meter. that's how pg and e /khrarpblgs us. you have the big main. usually there are 60 or a hundred or 50. the little guys are 20-15-30. if you want to shut off the power you shut off the little guys first than the main. when you throw a switch there is the arch. like water when water flows in an old house any you shut it off quick you get the hammer effect? that's like electricity. is it safe to do it if you smell natural gas? show of hands. >> nobody has their hands up. it's not safe to flicking any switches if you smell natural gas. how about if there is smoke coming out of an outlet. if you shut this off in an area where there is no gas, good idea. >> just about anything can be a hazardous material, cleaners, solvant

you look at the other side of the aisle, there are no women. ere are no minorities running in ohio. we have a much more representative slate as we look at ohio, and i think we would be proud -- i want the president back. and certainly we would love to welcome his fight. >> they watch this at the white house, god willing. so look at the messages, loud and clear. marcy kaptur, representative from ohio. thank you very much for joining us. >> thank you. >>> how will wall street react to the fed's latest efforts to boost the sluggish economy? the market rundown is next. plus, new numbers show president obama regaining the lead over mitt romney in the critical battleground of florida. >>> but first, today's trivia question. why did today, june 21st, hold special significance for both president richard nixon and president zachary taylor? tweet us at "the daily rundown." the first correct answer will get a follow-up thursday from us. the answer and more coming up on "the daily rundown." tweet me at luke russert. if anybody gets this, i will be very, ver

okay, so 7,000 pages seems like a lot until you look at what it is. and, you know, you look at the kind of information that they're redacting, and it says upcoming policy and legislative developments. now, that's something as a taxpayer on a basic level you should know about because you're paying for it, it's something that effects taxpayers, right? and americans in general. why would they be redacting that information? it's not all very highly sensitive information about sources or ongoing investigations, it's about policy. so, no, they just haven't responded. and attorney general eric holder has said, look, i've testified seven times in front of congress about this, why aren't you satisfied? well, we're not satisfied because he hasn't been giving us answers. he testifies seven times and gives the same nonanswers and noncompliance, and he made it very clear in february when he testified that he wasn't going to give any more information about this. you're not complying. you're stonewalling. i mean, you look at the numbers and the evidence, and we're ju

if you climb on the edges of the rung, the ladder will go this way. look up so you know where you are going and you can see where you're going to climb. walk vertically. don't step off to the side of the ladder. kind of common sense. make sure you read chapter 7 through the . >> this class is managing a disaster. what happens and how do we fit in? emergency operation plan, everything is going to go through the mayor. you have the office of emergency services, everything is supposed to come together over on turk street. that's where the ham radio base station is going to be. that's where they will have a set up. they will be communicating with all the different emergency response districts. that's where we fit in. we're going to fit into this emergency response staging thing into nert staging districts. each response district has its own little (inaudible) then the nert groups are broken up into the corresponding emergency response districts and they are located at our fire department, battalion chief stations, basically there's a battalion chief there, he

when you when we look at the the euro crisis today isn't much far put into what could go wrong because it seems to me that we have nineteen emergency meetings nineteen. and everybody keeps looking over the cliff and we keep hearing a solution is in sight and then we have another emergency meeting when told it went so wrong. i think there are. two factors that have to play that one is political and the other one is economic the political one is that i think we have to keep in mind that democracy is a very slow process definition and european union is is maybe too democratic for song good which plays adversely most people would say it's the world versus now i don't think so but i still think so at least during the outbreak of the crisis that was definitely the case so meeting at the meeting as you said decisions that the markets were expecting were not coming up who said one word money for the markets is it working for the people like this one of the things i always hear with the markets thing but when i say people i'm not a i'm not a great fan of markets that people understand it becaus

you do? stop, look, listen and think. any time you pull up to an incident or you see something, you take a breath, assess the situation, use all your senses and think about what you are going to do. those are all components of what we call the size-up. there are many components to size up. what's one of the components to size up? gathering facts. you want to assess the type of damage there is. what kind of situation is it? what is the issue? is it a medical problem? if it's a medical, is it a big hurt or a little hurt? is it a rescue situation and if it's a fire, do you have the resources to control or extinguish that fire? how about your situation, do you have all your people? do you have all the resources that you need? have you collected all the material that you need if you are going to start doing a lifting exercise because someone is trapped? because you never start a rescue, you never start a lifting exercise, never start anything, unless you know you are going to be able to finish it, have enough of the resources t

three hundred fifty to four hundred fifty to one you look at now look at the college grads coming out what does about say say fifty three percent of those under twenty five years old with a graduate degree with out of college are either unemployed or working menial jobs i mean these are real hard numbers and they're real hard facts and gerald you're not you're not two hundred years old i mean i think you make a good point in saying that these changes have really happened you know just in the last few decades those are staggering numbers that you give three hundred fifty to to one or two hundred fifty or i mean that's outrageous and it strikes me these days we keep hearing about you know this trickle down economics theory that the more money wealthy people have the more they'll invest it and in turn improve the economy they'll hire workers they have a job creators you know they'll buy cars and boats which as we know people need to manufacture. but philip among others says this theory is flawed what are your thoughts well you get a look at the numbers that top one percent that has a net

so you look for safety first and foremost. tive, other lines of business, what sort of opportunities are you taking advantage of given bond yields where they are. you're creating products, for instance, that fills the need or desire for safety but with some yield? >> abshutly. we're looking at this as a 3-5 year time prize. the financial services landscape is changing aggressively. the regulatory environment is changing. in is an opportunity for us to gain market share and wait for when the business cycle occurs again. that's when trading volumes will pick up substantially. >> you know, shawn, talking franchise, you think of as a fixed inside shot. so what is that ten-year, 1.5% yield telling us. a lot of people are asking the question, what's your answer? >> it's telling us there's not better places to put your money at this point in time. i think from a long-term perspective, owning the 10-year at 1.5% is clearly a losing trade. now, at this point in time, we have a carry trade on. we have occurred flattening because of that.

but if you look at europe if you look at china if you look at india everywhere growth is slowing. you have a crisis of unemployment if you look at wisconsin you see labor unions dying down and there's just a lot of problems in the world right if you want to talk about stop and frisk policies you want to talk about a police state that if you ask me is growing and so sometimes to counter some of that not only do we need just some real talk about it but you also need some comedy and so tonight i have two very special guests with me tonight for us a very to me thurston who's the comedian and author of the book how to be black as long as well as iran james who hosts the radio show this week in blackness so guys thanks for joining me tonight thank you i was your intro really really. when i was your age you're just you have only everything wrong with the world of the world we do you know she was just stop and frisks she looked at you and again but the camera is our. response and look at. our new one so i'm going to start with you because in your book is called how to be black what you wri

you look at the documentation. so that at least two guns were left at the scene that were connected to operation -- >> y did the shoot owing cure? >> guest: in arizona, about 11 miles north of the boredder in a norrer to yourselfly dangerous drug cartel area, and it's a very remote part of the country. you can only get there by comment by foot. and it's one of those -- by helicopter and by foot, and it's an area where it's difficult to combat drug trafficking but that's where the cartels work, and if you look at the maps and the data, that's one of the hottest areas the country for cartel activity. >> host: so, what was brian terry doing there? what was his capacity? who was he working for? what -- based on what little we know, what can you reconstruct of that inning? knee was actually a marine and a police officer before he joined border patrol, and he was -- he tried out for an elite border patrol team which is kind of like the marines or the navy seals of border patrol. they do special operations they deal with

>> when you look at the chart, tailing it. inverted back in march when everyone thought everything was well, you saw it tail so it's a 20-tick situation that it could catch up with. >> jeff, great to see you. thanks for coming by. >> jeff kilberg, fighting irish alum. so obviously rates are going to go higher. does that necessarily mean that it's good for the financials? let's trade this thing, right? we showed you a chart yesterday. it's the correlation between the etf and the ten-year yields, 60% correlation on that with yields, so if yields are to go higher. >> depends on why they go higher. if they go higher because the economy is improving, then i think that's good for banks. you know r, if a -- i hope that why they go higher and not some spike, whether it's oil or some exxonnous spike that just causes inflation and we end up stagflation. i am long banks, not the right place to be. still own them, jpmorgan. >> i'm not certain that that would be the case, and my concern, and rates have gone down in a very methodical way, bu

>> if you look at the 13 rules, just take the first one and last one you essentially have the book. says it will look better in the morning. no matter how bad things look. go to bed with an optimistic attitude, convey that optimism to your followers and it will look better in the morning. >> jon: you're not a drinker, are you? (laughter) because when you're a drinker it's actually reversed. (laughter) >> it doesn't mean things will look better in the morning, it's an attitude. and the last rule, 13, says perpetual optimism. always be being optimistic. it's a force multiplier. in the military that means you have leverage to change things and so all of the rules say be optimistic. have confidence in yourself. train your people.lrp be kind to people. pretty simple rules. they were in my first book but they were just little listing. this time i expanded the whole chapter. >> it's interesting. we've had on a bunch of guys from that administration, a bunch of people that were involved, obviously, in the runup to iraq, rumsfeld, dr. rice, john bolton, richard pearl, doug fife. there's a lo

you knew they were. so pretty close. and look at the distribution of tests and procedures that were done on people close to the end of their life. and lo and behold what do you see? very few major procedures, quite a few more minor procedures but a lot of imaging, tests, evaluation and management. that's where the money is for the very sick people and obviously that's where the money is for the not very sick people. it's not in that -- i mean, there's plenty of money in those fancy machines, don't get me wrong. but where is the real through-put? it's in the seemingly ordinary interventions that we're all used to and expect. that's where the money is. okay. so, well, everybody says, well, let's do some effectiveness research and figure out what we really should be doing and don't do the this evenings we shouldn't be doing. the only problem is that there are an awful lot of things that we do and there are very few studies looking at what we should be doing and i don't care whether you look at the stimulus funding and you look at th

the analysis is just plain old supply and demand you don't hear a lot about it noise aside when you look at production since two thousand and six global crude output has pretty much been flat and you can see that more or less in this chart of opec crude oil production since two thousand and five it hasn't changed very much over the years and in fact today opec which is the organization of the petroleum exporting countries and which sees itself as the oil markets prime regulator they met and according to media reports members agreed to maintain their existing oil production agreement but they pointed to a possible emergency meeting should oil prices fall more let's get a sense of where we really are though what plays into oil prices what we're looking at long term in terms of oil availability peak oil and what energy and resources we can look to in that case we have byron king here he is editor of a horrific and outstanding investments an energy and scarcity investor he's also a harvard trained geologist a former aide to the u.s. chief of naval operations and why isn't all things energy o

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tend to moderate oil price or price increases i mean you look at it look at a country like south africa for example they are an export ing commodity exporting type of country they're big important country but what they export a lot of pretty much raw commodities are somewhat finished because they are much of what they do is priced in say u.s. dollars if as their export markets we can whether it's europe whether it might be a slowdown in china if there's a slowdown in the united states is this all effects exports in south africa the prices that they get paid for their basic commodities whether it's iron or cromer or platinum things like that those type of prices go down they get fewer dollars in for their for what they're exporting yet much of what they do is priced in dollars and so the costs go up what happens if you're the mine owner if you're the factory owner in south africa you're lay people off and that's a huge political issue in a place like so that africa with a twenty five or fifty percent depending where you want to talk to unemployment rate you big issue i mean it will affec

when you do that, it looks worse. when you compare every recovery since world war ii, at this stage, it should be cooking with gas. >> what about the 600,000 people that reenter the job market that's part of this report sf. >> that's good news. we need great news at this point. we expect great news at this point. every single report, or most of the big rejections that the obama administration has made since the stimulus, we've undershot performance. at this poi it's starting to become a referendum on economic policy. it's one that the administration is losing. >> let's pivot on the point about the stimulus to you, beth. the president saying the stimulus would keep the unemployment by low 8%. we can clearly see it's going the other way. >> that remains to be seen. this is a big setback for the president. in the last few months he's had a much better report to work with. he's had modest improvement. but still improvement. this is going in the wrong direction. so that just reinforces governor romney's argument that things

when you look at the polls today. obama looks like a winner. d you can't underestimate the subtle impact that has on casual voters. the attack that has tested best with focus groups incompetent in over his head is now in tatters. the fact he looks competent and looks strong. look at the numbers today. a couple days ago health care was around 30, 28 the inindividual mandate. >> not only does he look like the winner, mitt romney runs the risk of looking like a right wing whiner. a lot of people want to move on. and having nothing to say about the key issues except platitudes. winning -- there's nothing. better than winning in politicsç >> is there anything better anywhere than winning. >> but they want the president to come across like a strong leader. not to be pushed around. romney's outs there pandering to the base, flip-flopping on the mandate. >> i'm with you. you know, i remember -- i'm older than you guys. working for carter as a speech writer back when i had that hat on, i got to tell you, joe. when he lost that marathon race, that 10k rac