and kind of a rap thing, you guys, esther, i don't know if people know who esther is, is the administrator of this organization. she does the day-to-day. evelyn talked about esther every time we came down here. i know you made her days wonderful. that sharing in 35 years that you spent together. i just want to let you know that. okay. thank you. >> we have for the family -- evelyn, the last thing we should remember going back is the tap line. it should only take one tap to restore order. we should all think of that. evelyn, one tap to restore order. >> the gavel should not be used as a hammer. >> we have a certificate for you. >> thank you for bearing with us through that celebration of miss wilson. she will be missed. we will now resume the regular order of the agenda to item b with the superintendant's presentation. >> carranza. >> thank you very much. i have a quick announcement and something very special for the superintendant which you are not going to hear from me, you will hear from students which i'm very excited about. a couple announcements. it's nearing october and for me and me

. >> entonces ¿quÉ le dijiste a esther? >> la verdad, que viene a tratar asuntos de trabajo contigo. >> ¿y se enojÓ? >> ah, se puso celosa, como sabe que yo en algÚn momento estuve enamorado de ti. >> mm, eso no es verdad, tÚ y yo siempre nos vimos como hermanos, y tÚ sabÍas, siempre has sabido que yo adoraba a octavio. >> sÍ, si, se encandilaba con Él, ¿verdad? >> pero ahora es distinto, ahora estoy persiguiendo otro fin. >> yo ahora comprendo que sÍ existe la brujerÍa. >> ¿quÉ quieres decir? >> octavio narvÁez te embrujÓ, y que no mÁs muerto va a dejar tener ese poder sobre ti. >> ah, no seas tonto, mira, si yo quisiera podrÍa estar en sus brazos disfrutando de su amor, pero entre Él y yo se interpone un muerto, un muerto calcinado. mi abuelito ramiro. >> entonces Ódialo nomÁs, yo no sÉ por que lo tienes que odiar y amar al mismo tiempo. ♪. >> bueno, estos terrenos estÁn perfectos para otro par de potreros, de repente pastizales. ♪. >> quÉ bueno que te encuentro. >> ¿me estÁs persiguiendo, mar

with me on comunidad del valle, esther with alzheimer's association and michelle cordova, her family provided care for a loved one. welcome to the show. >> thank you. >> tell us, michelle, first about your family situation. >> i come from south america, ecuador. basically we take care of our loved ones and send them to nursing homes, which is something we can't understand, our social environment. my mom took care of her and it was very hard to see her getting worse by the day. then we don't have the tools we can find here like alzheimer's association. it was very stressful for the family. sometimes we didn't know how to deal with it. then she died. after leaving a huge hole in the family. >> esther, you, yourself, and your office is here to be that conduit between those who need to provide care for loved ones and the association. >> correct. me and michelle had spoken before. what i say is providing care for somebody with alzheimer's or dementia, it's too big of a job for just one person. that's a lot of times what happens. one person ends up providing most of the care. like michelle

is esther here? i haven't seen her. we'll thank her later. they made this space available for us. good morning, my name is me linda hague for those of you who don't know me. i was appointed by president obama a little more than two years ago to be united states attorney and it is my incredible honor to represent the president, the obama administration here in the northern district of california. welcome to the stop bullying summit. i'm a federal prosecutor so it may seem odd that here we are

esther arma, political commentator and play wright. peter sudoman, senior writer at -- victoria, i want to start with you. president obama will address today's gathering later this afternoon. last night while speaking at the congressional black caucus dinner the president again made an impassioned plea for reforming the nation's gun laws. let's take a listen. >> as long as there are those who fight to make it as easy as possible for dangerous people to get their hands on a gun, then we've got to work as hard as possible for the sake of our children. we've got to be ones who are willing to do more work to make it harder. >> victoria, why is it still so difficult to sell gun reform legislation in this country? >> i think the scope is at issue here. i think at the federal level we just have too much divisiveness between republicans and democrats. i think the real movement if you want to see gun reform needs to start at the state level. we know states have such different gun laws. ranging from california that's the most restrictive in term

esther can't attend school. because of their desperate situation, she has to work to help her family. but their only method of earning a living is to chop, gather, and sell firewood from the nearby forest. most days little esther does all this work on an empty stomach, since they rarely sell enough wood to afford daily, nutritious food. they're lucky if they make enough money to buy some rice. but children cannot survive on rice alone. there's not much hope for esther, or children like her unless compassionate people like you decide to help them. and you will make a difference when you call now. all it takes is the smallest sacrifice - just $15 a month, or 49 cents a day - to help feed children like esther, month after month. no child should have to suffer the terrible pain of hunger and starvation. no mother should ever endure the heartbreak of watching her child waste away and die, powerless to save them. there's so much need here. i mean, there's so much need and so many beautiful children here that it only t

is esther here? i haven't seen her. we'll thank her later. they made this space available for us. good morning, my name is me linda hague for those of you who don't know me. i was appointed by president obama a little more than two years ago to be united states attorney and it is my incredible honor to represent the president, the obama administration here in the northern district of california. welcome to the stop bullying summit. i'm a federal prosecutor so it may seem odd that here we are talking about bullying and we asked all of you to be here and i want to explain the origin of that and why this happened. you people, everybody in this room, has been involved in this issue and is doing incredible work on this issue and we were so honored to be a part of it and to meet with all of you and to speak with you about it. the origin is that as the united states attorney, the administration wants me, wants all the united states attorneys, to go out into the community. it's actually a very different role for the united states attorney is envisioned by this administration. this adminis

is esther here? i haven't seen her. we'll thank her later. they made this space available for us. good morning, my name is me linda hague for those of you who don't know me. i was

esther soaked in oil for 12 months. daniel studied conversation for three years before he could have a meal with the king. adaptation is the proof of honor. who have you chosen to honor throughout your life? my father is 92, but he doesn't believe in tv. he won't even watch me on tv. so i don't bring it to my theater room. but he's my father. i buy his houses for him. i buy his cars. i give him money. i don't let him pay for anything. why? he is my father. he is my father. all blessing comes through the chain of authority. the prisons are full of men and women who were not trained on who to honor. i mentioned earlier that god conversation, that your future depends on a conversation, that everything you're wanting to know can be found in a conversation. conversation is the seed for knowledge, and knowledge is the seed for change. changes are always proportionate to your knowledge. i cannot change your life until i change what you know, because the way you're living, you're living your knowledge. if i change what you know

so he chooses queen esther. he chooses asked her -- she wasn't queen yet because her uncle says you go in and it will be good to have a jewish queen. later when the king wants to destroy the entire jewish people, esther comes up to his chamber and says -- she comes in this room and she says, you know, the people you want to kill are my people. he goes, really? she says yes, i am here an just. say they just pick my father in some sense wanted to go to law school and do that, to the miss america, and second a state or some combination. so my asking to go to oxford, i put it this way that isn't of having what he called brass buttons or authority and status in the world, daddy, i have published a lot. due to accomplish something, you say i accomplished a lot. i'm in yale law school. frankly, i hate. and i would like to take a leave of absence and go to oxford. if i get in, can i go? why? oxford, that is even better than harvard or yale. so used to say that his omega was the highest certification. and i come in a wid

esther george is the one dissenter. if he had his way it would be the way she had it to begin at least, beginning to taper. it did catch a lot of people by surprise. nicole petallides at the new york stock exchange, we only have to look at two indices to see what a shocking surprise it was. one is the 10-year yield which immediately began to go down. interest rates crashed as bernanke announced he would print more money. of course printing more money means the price of the dollar falls and price of gold skyrockets. at one point, i kind of lost track how much gold has gone up right now. look at this, 16 basis points drop for the yield on the 10-year. >> dave, you got it all right and what we saw were the indices moving to record highs. analysts on wall street were taken aback, right? they didn't expect this move here. obviously we have our fed head looking to fiscal policy and showing his worries about that and -- david: nicole, forgive me for interrupting, we're looking at $57, put gold on there, $57.50 right now. this

were people disagreeing with esther george? how did that go down? >> i suppose it's passionate, but it's economists being passionate, which is probably not very passionate. >> you guys got to get out more. >> no. people do have strong views. they do feel -- you know, it is an important decision. they want to get their views on the table, that's for sure. and -- but i think the chairman guides the discussion very well and people rally around the chairman in the end. >> everybody's asking, of course, who will lead the fed next. you worked with janet yellen for years. can you talk to us about the difference in terms of janet yellen versus ben bernanke. would policy be much different if, in fact, she were to get the job? >> i wouldn't want to prejudge what she would do should she get the nomination and be confirmed. it's up to the white house to make a decision on this in conjunction with the senate. so, we'll see what they do do. if she gets the job, she'll want to outline her own strategy and not have me doing that. so, we'll give her the opportunity

people like richard fish, people like esther george. we know it doesn't sound a lot like much but you have to start somewhere, right? >> you have to start somewhere my question is why now? ultimately we'll have to start, i totally agree with you. let me run through numbers to you. the fed saying 6.5% is their target. we're at 7.3. the participation rate is horrible. we have created two people on welfare for every job we've started. we're still 2 million jobs short. we have pumped$5 billion in the economy on monthly basis best we can do is 2% gdp. why are we talking about tapering? david: interest rates are going up. the whole point of the qe programs was to keep interest rates down. even mortgage rates, mortgage rates went up a full percentage point in the past few months. even on interest rates it is not succeeding. >> that is because folks think we'll start to see higher rates so we had a slight rush to housing. depending looking at housing chart, yes, it has gotten better. if you're looking at top going down we still have a long way

this is my friend esther. - oh, friend? you must mean sister. i'm just throwing her a bone. she's, like, a million. - are you one of the volunteers? sounds like you missed the orientation. - ah, maybe we should hit happy hour. you can catch me up over a couple of cocktails. - i'm working. - not as hard as i am. come on. meet me halfway on this. - excuse me. i'm helping someone. - listen, just push her in front of the fish tank and tell her she's at seaworld. - really? - yeah, so he woke up just covered in puke. - what are you talking about, jimmer? tomorrow morning? - no, my son ryan, he's got a bit of a stomach virus. - now we all agree, no talk about work or family. - we didn't agree. you just said that. - i stand by it. now i got us some shots to tide us over until the waitress brings the shots that i ordered. - actually, i'm just gonna get a cup of coffee. - i wonder if they have herbal tea. - am i crazy, or did you guys all just come out? - good one, bingo, but i gotta get up early and drive. it's izzy's ballet recital. here, check it out. here she is in her tutu. - oh,

with me on comunidad del valle, esther with alzheimer's association and michelle cordova, her family provided care for a loved one. welcome to the show. >> thank you. >> tell us, michelle, first about your family

david: my money is on esther george. hear from the dissident. why she was against let it be as it is policy the fed was about. liz: "money" with melissa francis is next. david: hope to see you tomorrow. tune in. it will be a busy day. liz: bye now. melissa: i'm melissa francis and here's what's "money" tonight. fox sits down with syria's bashar al-assad. he said he is ready to give up and destroy his chemical weapons. there is just one thing. he wants the u.s. to pay for it. will taxpayers forced to pick up the billion dollar tab? >>> plus more than $2 trillion has been migrated across the u.s. going where it is treated best. which areas are bleeding red and which are swimming in green? the man with a visual presentation like you have never seen it before is here to break all the numbers down. >>> and "who made money today?" he just scored more than $300 million. stay tuned to find out who it is. even when they say it is not it always about money.

activists have been back on the streets of downtown new york marking the movement's second anniversary with esther's have announced a new go introduction of a half percent tax on wall street financial transactions the police arrested several demonstrators who attempted to block a road of the first protest camp were set up in terms of the valleys spread to other cities in the u.s. riding a wave of anger and. real to street protests that struck in bangladesh the country's supreme court sentenced and also missed opposition needed to death by hanging. guilty of crimes against humanity dating back to the war of independence from pakistan four decades ago supporters say the case was politically motivated the country's west demonstrations turn volunteers and. disperse crowds in the south one man died after being struck rock in my position once. christianity is central place in british culture increasingly under threat the church attendance numbers in severe decline while the nation's second largest religion islam is growing faster than ever and some studies suggesting it could eventually become the dominan

esther george who has a history of it. when can you tell me being in the room while the debate is happening. is the discussion passionate? were people disagreeing? how did that go down? >> well, i suppose it is passionate. but it is economists being passionate which is probably not very passionate. >> you have to get out more. >> people do have strong views. and you know, they do feel, it is an important decision. and they want to get their views on the table. that's for sure. but i think the chairman guides the discussion very well and people rally around the chairman in the end. >> looking back at the third go-around, what has been the effectiveness of the program in your mind? >> i think the cumulative evidence from september of 2012 which is when we started qe 3 here, it is pretty strong. the labor markets have improved. so unemployment has come down quite a ways. it will probably continue to tick down if you look at the unemployment claims numbers. they're real low. jock growth has been stronger over the last 12 month

>> adam, kansas city fed president esther george pushing for tapering the fed $85 billion a month in quantitative easing purposes. in a speech in omaha, nebraska, she says a decision to reus dues the fed's asset purchase purchases would be appropriate the next policy meeting in two weeks. quote, it is time to begin a gradual and predictable norm salmation of policy. she is a voting member of fomc this year. she opposed quantitative easing, perhaps sewing seeds for future inflation among other things. she says, appropriate next step towards normalizing monetary policy could be reducing purchases from 85 billion a month to somewhere around 70 billion a month. she is following comments this morning from the chicago fed president charlie evans who said the fed could begin winding down the qe bond purchases later this year but he was not committal about starting in september. adam, back to you. adam: peter barnes. the dow is is still up 41 points. peter best to you. the numbers of the jobs report were a bit lackluster. payrolls rising less than forecast. it is worth asking what is really

capital khartoum violence erupted when police resorted to force in an attempt to disperse rallying crowds esther's had also gathered in the streets and anger over recent austerity measures the downs economy has been struggling since all producing south sudan gained independence in twenty eleven. number from a seven point seven magnitude earthquake in southwest pakistan has now passed three hundred forty equate struck in a remote mountainous area causing hundreds of houses to collapse thousands are forced to spend the night in the open air tremors were even felt hundreds of kilometers to the east indian capital of delhi. six people have been killed in a raid on a police station in indian administered kashmir two civilians and four police officers were among the victims militants in our uniforms also attacked by army camp or a shoot out of responded by violence comes as indian prime minister manmohan singh and pakistan's now are reef due to discuss on rest in the district. on the sidelines of the un general assembly. in kenya at least one person has been killed and four wounded in an extremist attac

zachary roth, amy holmes and esther armah. good to see you. let's talking about what's happening down in washington, d.c. we heard from luke russert the house is going to be voting in a short period of time on this new proposal. they'll send it back to the senate. apparently the senate's said, we're not even going to look at this thing. it appears as if a government shutdown is imminent. it looks like at this point the government is going to shut down monday night at midnight. this is republican trey radel from florida. i talked to him last hour. i want to play what he said and talk to you about it on the other side. here it is. >> i think the economy can begin to function. what happens, there's a political part to this, undoubtedly. >> there's a political part to the whole thing. >> yes. what's going to happen is we're going to win the senate and we're then going to be able to do what's best for the american people. >> he was talking about that part of the plan is the one-year delay of obama care, the implementation of obama care. but then t

there was a commercial from esther c. there was a supplement, a little orange and you ran around and saw graffiti and heard the police chasing him and stuff. i quoted that to the joe camel thing. kids look at that and think graffiti is cool. they received a lot of pressure and they pulled those ads. but you have the opposite side where you have like mountain dew where they go out and find 10 or 12 different taggers they think are great, design custom mountain cans, extreme games is the thing they're pushing and they get a lot of input from that. they have a website and guys go out collecting cans reading about the poor vandals grew up on the mean streets, now they're artists because they have their own personal cans. we can't regulate what isn't personal constitution. if you can provide an economic impact, we as adults are looking at this and we don't want to deal with it, if you have any thought about this, contact randy campbell at no graffiti network. he's been battling against coca cola and their graffiti stuff for ye

insurance companies in south africa so i had the opportunity to meet really the top institution of esther's in the entire country as you know some of the wealthiest individuals government officials got a very good perspective you know we talk about bricks in emerging markets like there are you know on the dark side of the moon where you actually go visit them and meet with their government officials and the policymakers you really understand how heartfelt they're feeling as about what the fed is doing to the entire world now the fed officials. the reserve bank governors members of the board of governors have said well that we kind of know what's going on the merging markets but we don't care and so our job is to take care the united states economy and you guys are on your own well that's fine but the problem is when you're manipulating every marc. in the world i don't think you can be quite so cavalier about what's going on in the rest of the world and that's why i say they're like a truck driver running people off the road they're having an enormous impact on these emerging markets these l

insurance companies in south africa so i had the opportunity to meet really the top institution of esther's in the entire country as you know some of the wealthiest individuals government officials got a very good perspective you know we talk about bricks in emerging markets like there are you know on the dark side of the moon actually go visit them and meet with their government officials and their policymakers you really understand how heartfelt they're feeling as about what the fed is doing to the entire world now the fed officials the reserve bank governors members of the board of governors have said well look we kind of know what's going on emerging markets but we don't care and so our job is to take are the united states economy and you guys are on your own well that's fine but the problem is when you're manipulating every market. in the world i don't think you can be quite so cavalier about what's going on in the rest of the world and that's why i say they're like a truck driver running people off the road they're having an enormous impact on these emerging markets these lows merging

governor jeremy stein, minneapolis fed president nuriana kocherlakota and kansas city fed president esther george. that was an easy one, ross. >> that's fine. look, we've got the italian bond auction coming up at an interesting time. this is despite the fact that italian markets have been selling off today fairly heavily. this is after allies of sylvia berlusconi voted last night to resign. it's a special senate committee which meets now on october the 4th does vote in favor of berlusconi because of his tax convicti conviction. that story rumbling on and on. it would be nice if we got some closure on that one way or the other. >>> ross, earlier we asked the viewers whose side you are on as the uk government takes on europe over a planned cap on banker bonuses. we've heard neal johnson from malaysia has -- i think he's one of my twitter followers from back in asia. he has tweeted to say we either have a free labor market or we do not. the eu should focus on important things like making sure bananas are straight. >> there was a while when bananas were a little too -- forget about bananas for

insurance companies in south africa so i had the opportunity to meet really the top institution of esther's in the entire country as you know some of the wealthiest individuals government officials got a very good perspective you know we talk about bricks in emerging markets like they're you know on the dark side of the moon will you actually go visit them and we were there are government officials in the policymakers you really understand how heartfelt they're feeling as about what the fed is doing to the entire world now the fed officials the reserve bank governors members of the board of governors have said well that we kind of know what's going on the merging markets but we don't care and so our job is to take are the united states economy and you guys are on your own well that's fine but the problem is when you're manipulating every market. in the world i don't think you can be quite so cavalier about what's going on in the rest of the world and that's why i say they're like a truck driver running people off the road they're having an enormous impact on these emerging markets love this

you've seen the polls,e esther and bob. no poll that i've seen show that americans support any strike in syria. seeing a video like that, is that going to change it? >> the images are deeply disturbing but they're not necessarily moving the people because we are in the middle of the legacy of images around iraq and the lies that the president and the intelligence told to the people. a war-weary populace is not going to be moved by those images. in addition to that, you have a whole set of challenges with the politics of how "the zone" played out. the way the president gave kerry a big push. kerry gave a huge speech that politicians argue was persuasive with the drumbeat of war. no matter how you slice and dice it, people are opposed. the trouble is, you now have this unholy alliance because the conservatives, who have wanted to "defeat" the president see this vote in congress as that political defeat. but the progressives who don't want to go to war ends up being on the same side. the challenge for the president -- i call i

. >> diane esther brook, al jazeera, chicago. >> well, a difference in a day in washington, d.c. after the shooting in the naval yard which canceled a baseball game. >> the nation mourned the tragic shooting in washington, d.c. the baseball team that represents the city took a step in moving forward. in today the braves and nationals played members of the navy were on to thank the nationals. the last time derrick rose took the court for the bulls in basketball was 2012. but now he's not only ready for ththe upcoming season but he was to play in the world cup. >>> ment nfl is about to jack ticket levels just in time to host this year. exhibited to be $2,600 but i can't promise that's what it is going to be on the street when you try to buy your super bowl ticket. >> thank you very much. as diplomats debate what to do about chemical war voluntee att. >>> judges reason for rejecting convictions. >> here are the top stories. president obama ordered a review of the screen process for all federal government contractors and employees. the order comes after yesterday's killing of 12 peop

one member sure to be voting for tapering is the kansas city tt esther george. she's called asset purchases to be reduced by around $7 billion a month. and the head of the boston fed, eric rosengren, he's in favor of tapering, but only in small amounts. the woman in the headlines at the moment, janet yellen she's been keeping a very low profile since she became one of the front runners to take over the chair from ben bernanke. ross, there's been a lot of markets up following the individual comments from the fomc members. but it all comes down to today. >> yeah. absolutely. thanks for that. the chat out of the fed minutes has been fairly quiet. cnbc will have full coverage of the race decision starting at 20:00 cet followed by the press conference at 2:30 p.m. eastern time today. so joining us with their thoughts steven england, global head of 10 fx strategy. still with me here in the studio, david blitzer. steven, let's kim kick off with you, first of all. let's say we get the consensus. 10 to 15 billion wrapped in dovish comment. what do dollar players do with

this is esther who suffers from diabetes and kidney failure. her illness kept sending her back to the hospital, until obama care set up incentives to reduce the number of patients they admit, that allows her to get a social worker to help her treatment on track and keep her out of a hospital bed. >> if he wouldn't have came, i don't think i would be alive today. >> now, of course, if you're one of those people who still believes that the president is an anarchist born in kenya, then you probably think her story is part of a false flag cover-up. you're probably more likely to change the subject and talk about white house the white house did violence in mexico to build support? does that sound crazy? it is crazy. like so many of the lies republicans have been spewing, once again, they just aren't telling the truth about the affordable care act. with me now, ryan grim from the hustington post and arthur of deadly spin. we are going to get through some of these crazy, crazy lies. and debunk them. i'll start with you, wendel, number one, it's a job

peter barnes reported it was 9-1 voters esther george being one dissenter as we knew. your dow up 103 points. nasdaq, s&p, ashley noted hitting a record high, getting up there. oil up about $2. gold big winner, they're very happy. gold up, oil was up as well. peter barnes has taken his seat. federal reserve chairman ben bernanke will hold his news conference in four minutes now. ashley: 14 minutes. tracy: excuse me. there goes my math. ashley: new jersey math. tracy: there's that. we'll get more reaction to that we'll check on the bond market right now. your 10-year right now, we'll show that to you in about a second. do you see it? ashley: i don't but it dropped below. i can say the 10-year -- tracy: 2.76. down eight basis points. it was 2.75 a second ago. the 30-year as well, can we put that up, you guys? ashley: there you go. tracy: down to 3.79%. let's get back to our all-star panel, doug cote, chief market strategist at ing investment management. scott brown, chief economist, raymond james. anthony valari i have to note is this san diego, nicest lace place of all

kansas city fed president esther george who is the lone opponent of the decision earlier this week said refeigning from the taper has rs

boston, cleveland, esther george willpeak again from the kansas city fed, governor stein speaks, minneapolis speaks, charlie evans fm the chicago -- liz: they don't have defend anything except at they have kept in place for perhaps too long without having said from theeginning there is an expiration date on this, and we'll decide when it is, but don't expect anything. >> reporter: yeah. liz: the fact is, that's the biggest problem, i think, people just expected this t go on forever. >> reporter: and this get toss the credibility -- get toss the credibility question. they never promised, but they sure dropped a lot of hints about it. now, you know, what are we supposed to believe as they continue to yell about all this stuff? liz: mishandled, okay? not telegraed pperly over the long term. peter, thank you veryuch. you have six more of these. okay, closing bell ringing in 38 minutes as we've been speaking and telling you about. blackberry is in quite a stew, and it is now going private. what once was an $81 billion company now just a mere shell of itself, but some of it's still valuable. charl

liz: what sandra is talking about todd, was pretty much, esther george, lone dissenter, lone hawk, not lonesome dove. lone dissenter when it came to decision not to taper. her specific word were she was concerned about the risks of future imbalances. isn't that, todd, fanssy for saying a bubble? a future imbalance is a bubble, is it not? >> i agree 100%. i think we're in the another big bubble, we're being driven now by greed which is always the start of the bubble. it may not pop tomorrow or next week but eventually it has got to pop. markets have to run true eventually. it has been shown out through every panic in years. 87, 99, 2007, and again here. the green is driving this market right now. when we get the last of the greed in and this cheap money has to top, this bubble has to pop. that is what she is saying. she is right. i think we need to see rates climb a little bit to free up money for the average joe and everybody other than wall street. david: greed alone is not bad. greed and speculation when you're in trouble. that is the question whether we're in a speculative era or no

kansas city fed president esther george who is the lone opponent of the decision earlier this week said refeigning from the taper has raised questions about the central bank's credibility. >> another fed official, st. louis fed president james bullard, said it made sense not to lawn of the paper this month because of low inflation readings. he spoke with our own peter barnes of course. david: meanwhile want to talk about volatility, talk about apple. apple stock is fluctuating big-time as the iphone fans buy new hand-sets, 5ss, and cheaper 5cs. they went on sale today. >> caterpillar saying the worldwide sales weakened the past three months because of slowing demand for commodities from countries such as china. david: darden restaurant, parent of chains like olive garden, red lobster. it is getting crushed because of a dismal quarterly earnings report and forecast. >> house republicans led by speaker john boehner passed legislation to fund the government through december 15th. it include measures to derail obamacare. those measures make it means the initiative will be killed by senate d

. >> isn't this what esther george, the president of the kansas city fed, said? >> yes. >> the market was totally ready for a $10 billion, $15 billion taper. even lloyd blankfein said the markets would be happy if we got a $10 billion, $15 billion tapering. if we got more, the market would be sad. that's what he said. the market is left wondering why we didn't do it. maybe the economic fundamentals don't support it. >> peter, tell us how to make some money. >> you have to look at today's action. and probably 50 points of the dow's move on the downside was the unwinding -- it was expiration, quadruple wedge. a lot of the movement towards the end of the day was because of that. i'm not looking at 185-point move in the dow. more like 135, 140-point move in the dow. that's what we had on wednesday after bernanke's comments. to me, to make money in this market, i think there are going to be pullback. i think we're going to find levels to pull back to. it's going to solidify at that level and it's going to go back up. >> new highs? >> i think we're going to see new hig

i took my advancement from this book of esther a first class scholarship at the united negro scholarship fund. it's not a lot of money but if f it helps some kid not to have to work and be able to study at school, it is also for anybody to contribute to. you can get through it -- to it through my website. am i going to sign some books now? >> so, for people who might have missemissed it, the express ande post did a write up of dunbar, and did an interview with ms. stewart on wednesday summit had to go to the archives to check it out. what i would like for us to do is to make sure we sell out of this book. they are available for everyone, but i couldn't let you get your question, please get the book and come and talk with ms. stewart. thank you so much, great. philadelphia chapter -- fold up your chair, pick up your trash. [inaudible conversations] >> doesn't tell us what to do. it tells us what we think is going to happen and then went to make choices about that. one argument is the earth is always changing. societies can change and adapt in many ways. and, of course, we don't know if th

stock exchange and jonathan core pena, meridian equity partners, we're getting these comments from esther georgia. she is saying the correct decision by the fed. what do you make of her comments? >> we have different takes on what happened out of washington, clearly down here we were back and forth as to what was going to happen but more importantly what is going to happen? do we see something in october or december? that is why the market is reacting as it is, investors taking profits off the table but once again that uncertainty of washington coming back to traders' main street and wall street and we will see pressure on the market. cheryl: seeing things like this is disappointing, this decision, pretty vocal, wanted to get your take on that. thank you. hawaii's molasses spilled could end as we export trade. we will have details in the west coast minute coming. dennis: where is epa when you need them. ♪ [ engine revs, tires squeal ] [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineerin

lori: to esther george's statement, the job owning that went on around may prepared the markets. everybody expected this to happen. now we are hearing this orchestrate, if you will, orchestrated release. do you think that they will be listened to and given as much credit to as we gave bernanke and company the last time around? >> they kind of take those comments with a grain of salt. the comments about the fed preparing the markets for tapering and then not tapering, that is an issue we raised. the market has trusted the fed and the fed will begin to -- we do not think that the fact that the market has lost a little bit of trust right now matters very much. when the fed begins to unwind all of this stimulus, the fed will really need the markets trust and i think it has been damaged, somewhat. here we stand. lori: let's talk about the market mechanics. do you think it is as much of a risk to stock market performance? >> you probably do see the rate rises that we have seen since may and here. it probably does not go a lot lower from here. normally rates have to get well above four,