do you own any shares yourself, rj? >> nothing to disclose. >> rj is along with us, an analyst with morningstar. >> susie: monday on nbr, the markets are closed for labor day. we focus on an important issue for the u.s. economy and investors, the fiscal cliff. economists predict that if nothing is done to head off automatic spending cuts and tax increases scheduled for january, the u.s. will fall into recession. on labor day, we'll talk with the men who lead president obama's deficit reduction commission-- former white house chief of staff erskine bowles and senator alan simpson. bowles explains the risks of falling off the fiscal cliff. >> if we do nothing by the end of this year, the negative impact on economic growth in 2013 will be enough to throw us back into recession. and it won't be just 2013, because companies will have to start preparing, so we will start seeing negative growth in the fourth quarter of this year. >> tom: tomorrow on nbr, our friday "market monitor" guest is alan lancz of lancz global. he'll ex

salary,rj fringe associated, te salary goes down. one of the bigger changes was the prop c 7rlimpact on city workers. that ins cost and decreased the city's cost of pensions. j who had a salary under 100,000 got 2.5%. anyone over got 3.3%. szñthat saved the city> a considerable amount of money. the next change was in training. what happened on this was that the budget analyst look at our historical use of trainingíd. money. as you know, when we had cuts, we did not spend much money on frgtraining because we were tryg to bring people back to provide service. ucqwe6sp had large levels of not trained everybody. we had a pretty9c aggressive training program for next year and the following yeary%j]lw)p&i they all do comparisons between actions from the prior year and they said that we are way over budget in training. of what)+pá the time, at the budget and finance committee was looking at this,o(çt!÷ and e discovered the value of the training for access was overstated in the budgetkzs. we alsoñr looked at other things to see whethe

. >>> information surrounding the sale of rj steel has been hush, hush. >> students in kentucky are happy to be back studying after a tornado destroyed their school. where they are attending classes until the school is rebuilt. >> we will show you how you can help other kids get ready for school when we come back. >>> the reason many of us are here is because our grandparents went to work there. at one point we had the largest stretching four miles. it involves our future. rosie? >> reporter: the hawks yesterday, no buyers -- auction yesterday, no buyers, with a bid far less than what the hadn't is -- what the plant is worth. everyone knew that the rg steel plant was up for sale. now people are worried about the buyer. he paid $72 million for a plant that was close to a billion dollars. hillco specializes in acquisitions and dispositions. simple terms, a liquidatetor. >> that's not what we were looking for but we have

like other analysts, morningstar's rj hottovy expected sales to slow, but thought they'd still be positive. whether it be sluggish wage growth and an uneven housing recovery and just a lot of headlines about a worsening global macroeconomic picture, i think a combination of those have definitely put consumers in a more value oriented mindset, and that's something that will probably continue in the months to come. this may not be the last month that mcdonalds puts up a slightly negative same store sales results for the u.s., and >> susie: mcdonalds was one of the big losers here on the big board today, and that pressured stocks. but the dow, still eked out a 4th day of gains. the blue chips rose seven points, the nasdaq slipped four- and-a-half, and the s&p added nearly a point. >> susie: get ready for a pull back in stocks, that's what our market guest is telling his clients. he's scott wren, senior equity strategist at wells fargo advisors. so scott, let's talk about that pull back. when, how long, and why are you >> well, susie, i think over the next couple of months, we are very suscept

like other analysts, morningstar's rj hottovy expected sales to slow, but thought they'd still be positive. whether it be sluggish wage growth and an uneven housing recovery and just a lot of headlines about a worsening global macroeconomic picture, i think a combination of those have definitely put consumers in a more value oriented mindset, and that's something that will probably continue in the months to come. this may not be the last month that mcdonalds puts up a slightly negative same store sales results for the u.s., and >> susie: mcdonalds was one of the big losers here on the big board today, and that pressured stocks. but the dow, still eked out a h day of gains. thblue chi rosseven points, the nasdaq slipped four- and-a-half, and the s&p added nearly a point. >> susie: get ready for a pull back in stocks, that's what our market guest is telling his clients. he's scott wren, senior equity strategist at wells fargo advisors. so scott, let's talk about that pull back. when, how long, and why are you >> well, susie, i think over the next couple of months, we are very susceptible to

rj[£1$=ug do tonight service inside this make a church that pactel sat and listened some wept tears from their cheeks as one member of the congregation told how he and the rest of the board confronted 54 year-zchs]8núow1éhsú7pwçzvj$7.wes atg jpy:ev emçwkpddj y-gjmomonday night to the accusation he added inappropriate relationship with a minor and he admitted to a baekeland, they also said the evidence is clear and convincing. í&q#'jne; Âtfa+ dñ/é :c á!ofjvy iççbk ma)24rv;&lbia multiple acts that may have taken place across state lines for now official charges have been filed but the church wasted no time in acting, brother scott has been relieved of all of his Ñkr m]sg 7xlhui2m;dvú 2twp q<>mnp6é9,3 +ln&ú[ift attempting to reconcile with his wife of 30 plus years as we speak. gut-wrenching is a very ÷.]+4(27-n:)9=áz life. it's broken our hearts. >> we loved that man and we trust that man, and we still love him. panamah 5géij 7;t]h qy u3ok vhywv could be days before any charges come down if charges come down at all. a far south side41p+quqé ,rpj#]fbni3pu+?@iÑ_!ek÷+z?u

the fans chanting rj three. and afterwards, the head coach was asked if he ever witnessed something as crazy as this. >> those quarterbacks, you know, every year. it's a hot commodity. people know there's a difference, in the franchise and you get one of the top quarterbacks in the lead. that folks is getting a lot of attention. how many people waited until after practice so people out here, three, four hours. you're still in line getting autographs. you're great to see. >> someone came out in texas, too. >> final round of the bridgestone invitational. another birdie, the ball stops next to the cup. tying we are a 4 under 66, tied for 8th. jim furyk on number 10, gets the birdie to fall for the deficit. putting for par, he shows no nerves. bradley at 13 under, putting the pressure on furyk. furyk led the first 70 holes. he needs the bogey to force a play-off. he double bogeys, wins the bridgestone invitational by one stroke by furyk and strickler. >> you cloak on the last -- choke on the last shot? how do you re

joining us, john brady, managing director of global institution sales at rj o'brien sales. you are not on the floor of the nyse, not on a computer banging out a buy and sell order but what was your take on what happened this morning? to me it seems like maybe yet another black eye for the computers. >> well, not so much a black eye, brian, but it was certainly an elevated risk off tone to the market in early trade. what traders fear most are the gaps that can take place during electronic trade. s&ps as you know down to 1270 level. held it and then found a range between 1270 and 1280 but from the opening through the fed meeting so there were few moments of anxiety and not so much as a black eye and the markets seemed to hold in there in material i trade. >> talking of the fed meeting, what was your take, john? what would you be doing on the back of this? >> well, mandy, i think you have seen a tremendous flattening of the treasury curve. the fed did interesting things here today and at the margin they disappointed the market. first, the five paragraphs in the fed statement,

rough one for rj 3 this week. >> it wasn't as good as the first pre-season game where he had a great quarterback rating and touchdown pass. the first time offense led by rg3 never found the end zone. they were shut out. the second teamers led by his fellow rookie quarterback kirk cousins almost led them to a comeback. >> there's been a steep learning curve but no big surprises just yet. >> i think it's as expected. i don't think it's more difficult than -- i didn't think it would be easy. i didn't think it would be hard either. it's as expected. it's right there in between. there's a fine line between playing with fear and taking bad plays and playing with no fear. >> griffin finally showed that speed we've been hearing so much about in the second quarter. but he also showed that even a rookie with an s on his chest needs a good offensive line. the skins patchwork o-line was missing three starters, resulting in three first half sacks and a fumble. for griffin iii every game has been a learning experience. >> once you stop trying to make a play, that's when you start playing with fear

like other analysts, morningstar's rj hottovy expected sales to slow, but thought they'd still be positive. whether it be sluggish wage growth and an uneven housing recovery and just a lot of headlines about a worsening global macroeconomic picture, i think a combination of those

the menu, a deliberation of james beard award winning chef rj cooper of 24 and patrick oh connell after the inn at little washington. you'll find this on gilt city. google offers getting you a deal on jewelry at blue nile.com. pay $100 and get $200 worth of fine jewelry. and save on an x box from target.com. you get a 250 gig console, your player, two games and a three- month xbox gold membership for $250. if you have an offer you've seen or you're a local merchant with a deal for our viewers, i would love to hear from ow facebook. >>> -- from you on facebook. >>> time to take another look at the question of the day. it is according to a harris poll, 50% of people admit to watching these types of shows very often. is it a, cartoons, b, cooking shows, or c, shows about zombies. >> our facebook friend jean writes b, cooking shows. my mom and i wrote books in the '70s so it's like being home watching the shows. that's why my if i san say -- my if if i an si sticks -- my fiance sticks around. he gets some very gourmet lunches. >> the woman called the original cosmo girl. that story coming u

that was nigh grand in a glool fab factory as a eye grew irand a pammer rj he didn't realize he would end up in the same joj as thomas jefferson. that ee e the united states of midterm. so being an average middle class kid from fairfax county i'm thrilled to be the governor. doing things and support and expand and offing for our middle class classes in america. governor romney has put forth a visitary five-point plan. >> gets people back to work because you did but up. and when you provide jobs grow provide them for another people. to get our great country out of debt by balancing the budget within the next eight years and he ooh kwok to have have rm march something to be able to da that. those things that are necessary to create the work force of the future. to be able to have a sustainable energy future. this president's got no plan. grochl romney has gone an all of the above god-given naurt resources to promode merge independency indense pence. that's going to create jobs for a long time. ladies and gentlemen, you know the issues and you now the ideas of mitt romney romney. but wha

. >> cuidado porque en la oro rj. >> ay! por quÉ nunca me toca en esas posiciones. >> ay! pero tÚ conmigo. >> hey! hey! hey!. >> lo mÁs que recibo de ella es un soplado. >> ¿conmigo?. >> ¿quÉ de que?. >> ay!. >> llegÓ el momento seÑores para seguir cotorreando sobre nuestras telenovelas favoritas en las que ve a travÉs de univisiÓn. >> pepin. >> y vamos hablar. >> venga, vamos hablar de novelas. >> y estaba llorando. >> y tÚ eres novelero. >> aunque no lo crean yo lo soy ¿me puedo sentar?. >> y pensaba. >> esta es fÁcil, vente. >> (risas). >> fÁcilito. >> y como el nÚmero 10. >> el uno y el cero. >> pepin ¿ves telenovelas?. >> mira. >> mi esposa ve todas las telenovelas, yo rehÚso verlas pero ¿quÉ pasa?. >> me pongo en mi oficina y las oigo. >> ay!. >> me las sÉ todas y despues voy y las comparto con ella. >> me pregunta ¿cÓmo sabes?. >> y me lo contaron. >> y veo por un espejo. >> tiene un dÍa tan estresado no por vivir conmigo. >> (risas). >> que ella ese escape de la novela para ese es su tiempo. >> es asÍ. >> es su refugio para el amor. >> lo mis