lou? lou: thank you. federal prosecutors today bringing criminal and civil charges against sac capital advisers accusing the hedge fund of a decade-long insider trading scheme. u.s. attorney saying billionaire stephen cohen's company has been a magnet for market cheaters. >> when so many people from a single hedge fund have engaged in insider trading, it is not a coiincidence. it is, instead, the predictable product of substantial and pervasive institutional failure. as alleged, sac trafficked inside information on a scale without any known precedent in the history of hedge funds. lou: eight sac employees have been found guilty or charged with insider trading, cohen is not facing criminal charges himself, but the move could end his career managing the money of other people, and the federal government now wants $10 billion for the alleged trading violations. for more now on the charges against sac, we're joined by fox business stocks editor liz macdonald. great to have you with us. this is a block buster s

lou: friday? >> friday afternoon in santa ana. lou: we will be there. last time the folks were squeezed out of the deal may be will be different because of their effort. great to see you. >> watch the house. >> a threat tore the entire world a super above that knows no unknown origin or cure it kills the alarmingper rate.ith dr. siegel has a chilling detailn of the coronavirus. lou: turning to a new threat>>> that has to be a joke onea high alert confirmed five more cases of middle eastfive respiratory syndrome. the coronavirus according to the wa joe the t2 like viruses a threat to the entire world. 27 cases have resulted in 49 deaths. joining us to give us aes perspective and understanding of the dead the virus we have dr. siegel. i have to say i have never heard of a virus that has been better if they and a 50% death rate. this is stunning. what is happening? >> let me walk you thru this we need to take thisinly seriously any time a new virus emerges in redondo would it will be. the initial virus does have a high def rate but here is the problem but

lou: way to. we know just about everybodytha is almost ubiquitous but there is a very narrow and small numberer there being the investigated by the government they are not analogous by size or scale or incident. we could talk. , back and we will continue the conversation. i think it is a fascinating perspective. we appreciate you sharing your insights. up next the bernanke rallied the eed of cogitative easing? the obama economy steve "forbes" shares her is perspective on though wall street summer of in four years.t the sooner the lou: and the sooner the fed faces out the bond buying the better for all of us as my next guest. it is hurting the country more than it has helped we have editor in chief steve "forbes". good to be with you. lou: it appears to be at an end this sort of rates are moving higher so that will be problematic. your thoughts on the timing of all of this from the fed chairman? >> three years is better late than never but what he has done it differently make it easy for theier gov

lou: good evening. egypt is an estate of cut -- chaos after the ouster of the president from the military is a coup by any reasonable understanding by any definition unless he were president of the united states are happened to work for him. the obama white house refuses to call his ouster a coup led by the military group clashed violently with pporters in hundreds injured in more than 50 killed but listen to the president's press secretary trying to have a common understanding and logic of what is happening in egypt. >> president obama and made clear cowardice -- concern of the decision to remove president morsi you from power in suspend the constitution it is also important to a knowledge egyptians do have grievances with the president more sees undemocratic governments in they were demanding a new government. lou: said koo is defined as a satin and illegal seizure of power from the government so does the president really wants his press secretary to reiterate the administration did can recognize any

lou: like what? >> like there is rial profiling, stereotyping that goes on to read onn not saying that the results were incorrect. lou: would you want us to talk about h racial profiling. the only people guilty was in d.c. when they ended that tape and try to project george zimmerman as a racist defining his race for the dispenser when it turns up in d.c. is the one who edited their results on that tape. this is what the country is much bigger and bter. >> they're is a psychologist area said it is where he's. he should be leading us. the people says obama. he is leading the way he leads. now -- lou: to have to accept that? >> i don't have to. lou: i think everyone watching should say, dear mr. president, he hit were believed,. the people think it's great and. let them send in flowers. >> the way i would start to see it handles this with the knowledge they're is a psychology of stereotyping in a way that can really help us handle these issues in a much more charismatic way. where a great country. lou:

lou: that's right. senator mccain getting credit to brok the la-minute deal to preserve the filibuster and it was senator mccain who helped the gang of 8 bill passed last month by the way the house is so opposed to the legislation they have refused to take it up and is dead on arrival dspite the cannes help. political is reporting he is very fond with majority leaderarry reid this week for going against his party in aligning himself with those of washington senator mcca gets a dunce cap. richly deserved. we finally break protocol with an entire organization has the award. rolling stone magazine for their new list cover glamorizing boston marathon bombing suspect dzhokhar tsarnev. no explanation needed. sometimes you just don't have to say too much. their actions are just plain upid. >> the fe of the immigration reform rest with representatives. we used to live with a bear. [] we'd always have to go everywhere with it. get in the front. we drive. it was so embarrasing that we just wanted to say, well, go

lou: a man. up next obama calls on congress to hphem reorganize to run government agencies in the name of efficiency. with the "chalk talk" we will see why he suddenly needs all of the help he can possibly get. >> keep on doing what we can administrativelyut we sure could use congress's help at a time when the city one re efficient government and they give lip service to it. lou: the presidenuses that himself as he calls on congress to hp him run the federal government better. we're not even in six full months in to the president's second term and he cries for help and he needs all he can get. here is his painful year to date marked by an utter failures and uncertainties his year-to-date performance just going straight to the abject failures failur to oppose gun control that has sucked up much of the energy resulting in nothing but created a backlash instead of tightening n control laws but only five tight ends them as the president asked. scandals go lower controversy over benghazi, irs and the

lou: thank you so much. up next, president obama roofie -- receiving failing grades into influential polls. the "a-team" takes up that and an administration that is now, well, very much on the defensive. is it also land? we are coming right back. ♪ ♪ lou: joining me now, the "a-team". thank you both for being here. let's get to the politics. the new poll shows that the president's approval rating is under water and, 44 percent approval -- disapproval. 48 percent gallup. the daily gallup has an underwater as well. jeddah diet, your reaction? >> not surprised. there has been a lot of lack of consistency. the public struggles to figure out where barack obama stance, why we intervene in certain areas and not others. will we choose to intervene, particularly with respect to syria. redefining the red line. all lot of confusion and what the public likes is clarity. want to know where he stands, and i will also said that in that particular poll 60 percent of the people polled do not want us involved in syria, so

lou: it real thank you. >> we're sorting it out. lou: okay. take a second to join our social sites go to loudobbs.com, gets links to our facebook page. e-mail me. follow he at twitter. up next, markets awaiting major economic news, fed's next move. we'll find out more tomorrow, get ahead of the news, sam stovall next with his outlook before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve y lung function starting within five minutes. symbicort doesn't rlace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing betr. d that means...fish on! symbicort is for copd including chronic brchiti and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporos, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i though

lou: fair enough. and we are using a lot of time year, but why in the world if we are increasing production and that oil going to our refiners, coming out of, as you just pointed out, 20 percent more coming from domestic production than certainly had two years ago we are looking at prices, they're going to have to give us a break here. i don't want to get charged for brant when i'm using west texas. >> i understand. again, we need to go back to that global factor where the price is determined to. lou: you're talking sense. you're talking thanks. nine and a consumer. i want to break, particularly when it is our oil being pulled out and produced and refined into gasoline. i want to ask you quickly. we are in trouble on time. just change the subject. you testified at the house energy and commerce subcommittee . on their -- on their renewal fuel standards, why is coness trying to drive this fall right now? >> well, this is another factor that some believe has contributed to the increase in gas prices. what

lou: thank you so much. up next, president obama roofie -- receiving failing grades into influential polls. the "a-team" takes up that and an administration that is now, well, very much on the defensive. is it also land? we are comin right back. ♪ with our "name your price" tool, people pick a pric and we help them find a policy that works for them. huh? also... we've been working on something very special. [ minions gaspohhh!le ] ohhh! one day the world... no, the universe wilhave the pricing power they deserve. mouhahaha! mouhahaha! uhahaha! ooh-hee-hee-hee! blaaaah! we'll work on it. wah-hah-h! stopping at nothing to help you save. [ villain ] well mr. baldwin... it appearsur journey has co to a delightful end. then i better use the capital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to erase any recent travel expense. i just pick a charge, like my flight with a few taps, it's taken care of. impressive baldwin. does it work for hotels? absolutely than

lou: up next. dow at a record high, wall street veteran david malss will tell us how far the bernanke bull market can last. let' see. this man is about to bethe . would you mind if i go ahead of you? instead we had someo go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the million. if your bank doesn't think you're special anymore, you need an n ally. ally bank. your money needs an ally. ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get f the test track. get the mercedes-bz you've been burning for at the summ event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. lou: joining us new. david pal pass, it is -- malpass it is great to you have here. the market $25 billion a month is adding up, is there anyway to be a bear. >> i don't think it is fed you are referring to the money that fed is buyin

lou: mr. attorney general, if you were to say that, you too will need some really good rest after the debate. we thank you for being here and we wish you luck. we look forward to talking to you again soon. new developments tonight off the coast of the gulf of mexico. a blot on that raid last night. the offshore well has partially collapsed and it is still authorities say the damage won't be as severe as 2010. it has been spotted on the water without hydrocarbons being released into the gulf. all 44 workers on the raid were rescued and no injuries were reported. turning now to wall street, stocks finishing mostly low following mixed earnings reports the dow jones industrial is down 25 points. s&p down, the nasdaq is up a fraction. facebook stock surging after hours trading. the social network company beating earnings expectations and revenue is up 50% from a year ago. apple shares up. the tech giant now has more than $146 billion in cash. apple's cash holding is now higher than the total market

lou: who doesn't favor? >> studies have shown women tend to acquit more before a person tends to convict. jury selection is all about right here. if i connect with you and you listen to me. >> those lawyers were not connecting with anybody on either side. it was pretty bad. lou: to put this in legal terms they made fools of themselves and i would not want to be a client for either one. personally. thank you very much. if you want to be a client these are the best. [laughter] coming up the deadly virus spreading in the middle east we will assess the risk for americans. stay with us. lou: cases of the deadly middle east respiratory syndrome, a mers shows the virus is more deadly than sars. 77 cases of mers reported worldwide. 40 of those have resulted in death. joining us now is dr. marc siegel professor of medicine at n.y.u. medical center. good to have to hear. this is touted by the world health organization as the deadliest thing around and in recent memory, how concerned should we be? >> it is too early to

lou: thank you. benghazi is not the only obama white house scandal under discussion on capitol hill tonight. republicans on the house judiciary committee had called for a change at the top of the department of justice, declaring that attorney general eric holder was not truthful when he testified in regard to the james rose in case. the report found that holder gave deceptive testimony to congress to provide cover for misleading testimony trying to disguise his clearly erroneous reading of the statute as a defect in the law. his phone and e-mail records were seized by the department of justice during an investigation into an alleged state department leader who had been accused of revealing sensitive information about north korea's nuclear program. the committee and chairman told fox, i find the lack of leaders of the department of justice extremely alarming. the deceptive and misleading testimony of attorney general eric holder is unfortunately just the most recent example in a long list of scandals

lou:. lou: this is not the answer. we have to strip the money out of this legal sytem and struck out the corruption and the politics i hope you lawyers figure out the way. >> i will try i will get debt memo to you by tomorrrw morning. [laughter] lou: bid to have you with us on wall street bullish sentiment driving the market's higher. the dow jones up 76 oints closing over 15,300 for the fourth straight day long this streak since the end of april. the s&p 500 closing above 1,652, that will is a technical indicator of the move higher and the s&p off the record high and the nasdaq of 19 points is the highest close in 12 years. 3.1 billion shares with volume on the big board and the russell 2000 is another record high. the index went up more than 4% and gold settling down but crude oil is still rising 101 negative $103.63 but up next mayor bloomberg tapping into his billions to destroy your econd amendment rights. we will show you why that ♪ if you have high cholesterol, here's some information that may be worth looking

lou: dr. walid phares ank you. >> thank you. >> on wall street stocks finishes flat after mixed earnings report weaker than expected. dow gaining 2 points, s&p 3, nazdaq up 13, crude oil dropping, but near $100 $107. >> for first time in more than a month, animated movie did not take the top spot,he conjuring brought in first pla. despicable me 2, fell to second place with 25 million. turbo came in third. my wife and i, watched red 2, it is a hoot, up next, a glaring lack of leadership leading detroit to biggest municipal default since the depression, in the chalk talk we show you, who might be next. the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be gth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard growing contest

lou: neither do i. let me be clear. there are hundreds of thousands of participants in the oil market. it is running:fear because there is plenty of supply despite the inventory numbers. there is a lot of oil out there. it is purely middle east tensions. lou: derek is a lot of money and in this economy. and then bernanke made it very clear the unemployment rate does not represent what he considers to be a very difficult labor market in and he will be accommodating for the foreseeable future. he made that clear. but the market tomorrow will react how? >> i think the market has bounceback remember on may may 22nd it miss redbird khaki saying they would start to taper. and to try to be more clear on that. the rest assured in my opinion it will be an extremely long period of time and i still think despite the comments from bernanke i still think they're unlikely to reduce the monthly purchases until 2014. inflation is low we have been paying a lot but if you look at it the way the fed does the economy is growing very slowly

lou: way to. we know just about everybodytha is almost ubiquitous but there is a very narrow and small numberer there being the investigated by the government they are not analogous by size or scale or incident. we could talk. , back and we will continue the conversation. i think it is a fascinating perspective. we appreciate you sharing your insights. up next the bernanke raled the eed of cogitative easing? the obama economy. steve "forbes" shares her is perspective on though wall street's summer of ♪ take me into your darkest hour ♪ ♪ and i'll never desert you ♪ ♪ i'll stand by you yeaaaah! yeah. so that's our loyalty program. you're automaticly enrolled, and the longer you stay, the more rewardsou get. great! oh! ♪ i'll stand by you ♪ won't let nobody hurt you ♪ isn't there a simpler way to explain the loyalty program? yes. standing by you from day one. now, that's progressive. the sooner the lou: and the sooner the fed faces out the bond buying the better for all of us as my ne

lou: dr. walid phares thank you. >> thank you. >> on wall street stocks finishes flat after mixed earnings report weaker than expected. dow gaining 2 points, s&p 3, nazdaq up 13, crude oil dropping, but settling near $100 $107. >> for first time in more than a month, animated movie did not take the top spot, the conjuring brought in first place. despicable me 2, fell to second place with 25 million. turbo came in third. my wife and i, watched red 2, it is a hoot, up next, a glaring lack of leadership leading detroit to biggest municipal default since the depression, in the chalk talk we show you, who might be next. maybe i have them... oh that's right i don't cause i rolled my account er to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junkrawer? why would they... is that my gerbil? you said he moved to a tiny farm. that's it, i'm running away. no, no you can't come! [ male announcer ] e-ade. less for us. more for you. ♪ the middle of this special moment and i n

lou: the good evening. aation of the george zimmerman murder trial has been blatant from the ginning but now the rhetoric from the oba administration is incendiary. aimed to undercut publ confidence in the judicial system, a trial by jurynd does a man not guilty verdict. many of the corrosive comments have originated with the leading law enforcement officer. attorney general eric holder first obama release is a statement yesterday calling for restraint but not missing an opportunity to push the gun control agenda despite zimmerman was carrying a legal and licensed handgun. i now ask every american to respect the called reflection from to parents who lost the young son. we should ask ourselves if wee doing all we can't use them a gun olence that claims to the lives across the country. the press secretaryefused be anered questions today what having mucho say while indicating a federal civil rights investigation while ongoing. wealth of thjim crow era from the federal law enforcement of 2013. eric holder made

lou: you have 15 sds? >> i saw the lunar horizon about eight times in 15 seconds and someone told us another few seconds we would have taken enough energy out of your bet. but when i became commander of apollo 79 told my partner , this is your part and this is my part. if you rch over i will eak your arm. [laughter] lou: always great to talk with you. about one minute left wednesday think of a national park? >> you may think it is far fetched but face it, apollo levin landing site is the international treasure of our nation and country. there is merit with the ada to keep a pristine to keep the same way nature has done enough for us but to keep the same way it was when neal made the last of the first steps on the surface of the moon. the rest we need to bring artefact backs but they should belong to the nation who took them there to be displayed for all of humanity. the north pole, the south pole, columbus discovered america, we just lt this plan half a century ago and the spot we landed, that we call the

lou: good evening, everybody, thank you for being with us. cheers erupting inside the house republican caucus meetingon immigration. speaker john boehner and republican leadership confirming late today the house of reesentativewill not be taking up the senate passed gang of eight immigration bill. commerce and darrell issa reporting to fox that the said bill will not see the light of day in the house of representatives. >> it was not a wel well-thought approach in the senate, the reason the senate bill has is little chance, no chance of being considered here, however we are looking at what to do with 11 million people we had lou: after tling fox business the gang of seven bill is "all done," just not public. they gang of seven bill would not be discussed in the meeting. the house republicans have now succeeded in taking up national leadership on ises of migration and border security. the white house efforts into: friday senate bill obviously failing as the president plotted his latest strategy with democratic members of the congressional hisp

lou: way to. we know just about everybodytha is almost ubiquitous but there is a very narrow and small numberer there being the investigated by the government they are not analogous by size or scale or incident. we could talk. , back and we will continue the conversation. i think it is a fascinating perspective. we appreciate you sharing your insights. up next the bernanke rallied the eed of cogitative easing? the obama economy. steve "forbes" shares her is perspective on though wall street's summer of volatility next. take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle f less? ahh, oh! [ garth ] great busisses deserve limited reward here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the sno

lou: who doesn't favor? >> studies have shown women tend to acquit more before a person tends to convict. jury selection is all about right here. if i connect with you and you listen to me. >> those lawyers were not connecting with anybody on either side. it was pretty bad. lou: to put this in legal terms they made fools of themselves and i would not want to be a client for either one. personally. thank you very much. if you want to be a client these ar the best. [laughter] coming up the deadly virus spreading in the middle east we will assess the risk the boys us double miles from their capital one venture card tfly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard growing contest and go! ♪ win! what's in your wallet? lou: cases of the deadly

lou. >> thank you, ed henry, fox news chief white house correspondent, president obama's organizing for action group rolling out their plans for what they call action august. a month long push mobilizing again any opposition to about president's political ajepd agenda, top issues let's look at that list. it -- pretty staggering, joining us now to go through what is missing, we discovered something missing in white house, they will be upset. juan williams. radio talk show host, monica crowley, folks, missing from the agenda. obamacare -- i mean, wasn't there something about jobs and the economy that was suppose to be high. >> i think someone forgot the number one item. wouldn't you say? lou: he told the group he needed their help. >> he needed for their help but remember he made his 19 regular piv -- 19th pivot to job economy last week, his main political arm, now is pivoting to issues with exception of obamacare none of those issues are at top of the lists. lou: and how high can it be on t

lou: way to. we know just about everybodytha is almost ubiquitous but there is a very narrow and small numberer there being the investigated by the government they are not analogous by size or scale or incident. we could talk. , back and we will continue the conversation. i think it is a fascinating perspective. we appriate you sharing your insights. up next the bernanke rallied the eed of cogitative easing? the obama economy. steve "forbes" shares her is perspective on though wall street's summer of volatility next@í0x;ñt jamie mcmurray: a boy born in joplin, missouri, was fascinated by anything with wheels and a motor. the odds of him winning both the daytona 500 and the brickyard 400 in the same year? 1 in 195 million. the odds of a child being diagnosed with autism? 1 in 88. i'm jamie mcmurray, and my niece has autism. learn more at autismspeaks.org/sns. the sooner the lou: and the sooner the fed faces out the bond buying the better for all of us as my next est. it is hurting the country m

lou: mr. rabbit we are delighted to have you with us and wish you success even beyond the measure you have already experienced. thank you for being with us. the attorneys general from the great state of texas. after foreign policy failures the administration tries to initiate significant talks between israel and palestine. ambassador john bolton and k.t. mcfarland next. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and wh double miles you can actuay use, you never miss the fun. beard growing contest and go! ♪ win! what's in your wallet? lou: another accident involving trains in europe as commuter trains collided head-on in western -- western switzerland more than 40 injured and last week a spanish train crash the driver was charged with 79 counts of reckless homicide and is pending trial. in the united states the fbi announced i

lou: it real thank you. >> we're out. lou: okay. take a second to join o social sites go to loudobbs.com, gets links to our facebook page. e-mail me. follow he at twitter. up next, markets awaiting major economic news, fed's next move. we'll find out more tomorrow, get ahead of the news, sam stovall next with his outlook lou: stocks finished flat today, investors remn car cautious ahed of tomorrow's policy. joining me now with his outlook for the market. s& chief equity strategist sam stovall, what you are expecting from the report? >> i think it will show weaker growth in second qrter than first quarter, we had a final 1.8% in q1, it looks like we'll get 1% in second quarter, first half is living up to its name of a half speed recovery. lou: do you expect investo to be looking -- i apologize with what is going on here, i, pollgisapologize to everyone. >> i expect if gdp ces in stronger than expected, i think most people don't expect a surprise number, they also already know that fed haa talked out ofothiders of its mouth, one sayin

colleagues, i've gotten to know lou -- i've known lou's family for a long, long time dating back to high school. there are certain families you grow up in san francisco that are truly gems of the community. from your children and your grandchildren that i've gotten to know, my children and your grandchildren have been in preschool together a few years. just such an incredible family. we all know lou now because he has budine and been involved in this process. i want everyone to know what an incredible individual lou is and incredible family he has. i'll never forget the hours we spent together. ken and i were talking about sunday morning, over the holidays. i mean we spent obviously countless hours together. nights, weekends, long times. i think there's only one slammed door that i recall hearing at one point in time during the process, but you -- you are simply the reason we're here today. without a doubt we wouldn't be here without you. you have the city of san francisco owes you so much, not only your decades being involved in city government, and this process. i want to say thank you

lou: up next. dow at a record high, wall street veteran david malpass will tell us how far the bernanke bull market can last. let's see. ♪ ♪ ♪ ♪ [ male announcer ] if can't stand the ht, get off the test track. get the mercedes-benz you've been burning for at the summer event, goi on now at your authorized mercedes-benz deal. but hurry, offers end july 31st. 's delicious. so now we've turned her toffee into a business. my gl was to take an idea and make it happen. i'm janet long and i formed my toffee company through lelzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their siness anlaunch their dreams. go to galzoom.com today and makeour busine dream a reality. legalzoom.com we put the law on your side. lou: joining us new. david pal pass, it is -- malpass it is great to you have here. the market $25 billion a month is adding up, is there anyway to be a bear. >> i don't think it is fed you are referring to the money that

lou: good eveng. attorney-general eric holder has had a 24 hour changing public focus that led to the acquittal of george zimmerman that has led the attorney general away from the original accusation of racism aimed at the jury in the entire year judicial system and the nation's top law-enforcement official this afternoon decided instead t target the stand your ground laws and those exercise their rights under the law. here is the attorney general moments ago at the naacp conference in orlando miles from stanford wears a permit was acquitted of second degree murder a and manslaughter saturday nit. >> separate and apart from the case has drawn national attention it is time to question laws that since easily expand the concept of state -- self defense and our neighborhoods. they cut to fix something that was never broken. there has always been a legal defense accused of the force if it, and it is retreat is available. but we must examen laws that take this further to limit the common-sense of the age-ol

lou: thank you all for being with us. turning quickly to wall street, stocks continue their record-breaking streaks. the s&p 500 up two points, 20 record of the year, what kind of year is this? the nasdaq is up seven points, since september of 2000. volume on the big board today, 2.6 billion shares. retail sales mixed expectations, spending on both cars and gas. closing at $1283, crude oil is up 37 cents above $106 per barrel. in the bond market, the yield on the 10 year fell 2.55%. the minions of despicable need to win the box office for a second straight weekend. almost $45 million for universal, that was enough to edge out adam sandler's new comedy, grown-ups too, which brought in over $42 million for sony. pacific rim came in third over 38 million. a disappointing debut for the warner brothers post-apocalyptic action thriller. that was some kind of thriller. up next from hollywood to the world of sports. uneducated, unenlightened, and in some cases immoral. we will have the "chalk talk" for you next. and in moments, j