buffett was really the last man in finance in america that had any moral authority whatsoever of the oracle of omaha and he was constantly referenced as the quiet a studious graham following a good guy who would come in and see goldman sachs or before that it was solomon brothers and it turns out he's just a conniving backstabbing insider trading market manipulating schmuck like dick fold or jamie diamond or lloyd blankfein or any of the other crooks on wall street the fact that he's an almost doesn't make him any less a little all street crook and charlie monger back needs to to excuse of from the public forum and just disappear for a while because he's a total embarrassment i don't care how old the guy is he put on your depends and get out of dogs because your back your stinking up the joint charlie munger get out of here david sokol thinks that he will be able to get away with the same crimes that a guy like charlie monger can but i think remember there longly apply selectively to certain people from guys are just totally exempt from them and you see this in this following headline max h

thinking is maybe we should have some special cards printed up during the races that have a big old oracle cup yacht on it, the eventual winner of the america's cup races in 2013, because it will be a token that people can always remember the races by. one other thing to think about -- by september 2013, if we are lucky, we will not only be having these races here in san francisco bay, but we will be opening a majestic new bridge, may be right about the same time. i think that would be a wonderful confluence of events, so even though i have to speak and run today, let me assure you that the commission is going to be with you all the way through the last race. thank you. [applause] >> steve was kind enough to squeeze this in and is running off to a previous appointment. in keeping with the mayor and supervisor mirkarimi's charge that this needs to be a green and sustainable event, nothing could be greater or more sustainable than bicycles, so i'm going to ask the executive director of the san francisco bicycle coalition to come on up. >> good afternoon. thank you to the leadership on stage

results of all germany's seven games at the twenty ten world cup the trend continues in the crimea where oracle pavol correctly for so last night's champions league i come between barcelona and shut the nets slavic equivalent of pole falling out of favor with their local visitors by picking par say to win the opening leg much against the ukrainian club but nobody is calling for his testicles on a plate now after the one sided five one win by the casa loans identical muscles and boxes with team logos were placed at the thought of the time with pavel taking his time before choosing only time will tell of course whether he'll be a successful or famous person is. great stuff another is all your sport for i'll see you soon or whether though it's just around the corner. i'm grateful for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers on r t. home. mom.

the same people who are promoting charisma against russia they are promoting public opinion against oracle even more it is a real sense to. receive statements of. actions or just of course not the truth because maurice all you represent internationally acknowledged opinion. as an international terrorist in russia and manhunt is on for a morrow and people close to him but in helsinki you may end up dining next to his relatives but also more of who is their brother or your call morrow. reseller he lives in stockholm he doesn't live with all the families and that we can quite often. people walking down these quiet and prosperous streets maybe unaware of the disturbing case of you home or the rain they're used to thinking of their country as fair and politically correct but would they remain just as neutral if tragedy knocks on their door here in helsinki people travel on public transport without fear their neighbors in russia only four hundred kilometers away aren't quite so lucky. a troll it's only a step from extremist rhetoric to action and there is seldom a warning call with biting good f

think is going to be on the show coming up soon we can talk about it in more detail but the guy is a oracle ok i don't care what anybody says he knows what's going on and then here's another headline from max keiser got on i think your head lies because you always take the quote that is so important and relevant and you make it they think you know i reject program i've ever to say that. eric sprott what the so called silver experts neglect to account for in their models and projections is that the fia money experiment has failed and in this context we believe the market has assigned world's reserve currency status to gold not the us dollar well there is a sneaky thing going on in the global economy states herbert gold and silver are becoming but the facto world reserve currency if you've got gold vending machines in airports around the world people watching this show in airports around the world are probably walking by a gold vending machine right now go get yourself some gold the proliferation of gold exchange traded funds on exchanges all over the world the internet this is the first time

i political analyst from the institute of oracle studies here in moscow good to see here so russia china india south africa these five countries in particular have formed the brics group there are other nations that could have joined in here why do you think it's this political this sudden group of five all their economic reasons are political motives here. i think that from the beginning. it was their results of the goldman sachs analysis which have been published and they named. four countries for the moment it was india russia china and brazil and goldman the thousand mentioned the case for. this are developing fast if they can only desert economies of string and i'm sure and as time goes on they're becoming major players in the world yes they for a very cultist see such kind of group they didn't create by the name this country to get to be named these five groups there's a new number for this for there's a new number of new members now. south africa yes we're seeing these these countries here gaining ground we're seeing perhaps an economic focus shifting from the west to the east i t

to boost the country's output from modernization and by attracting foreign money things that only an oracle has been listening to what the prime minister has been saying. well it was all about summing up and setting goals during russia's prime minister's annual address to the country's law makers last year prime minister putin has promised that his government is going to do everything it can just up the crosses over the recovery of russian economy from the other global financial crisis and here are some figures for you on that as russia's g.d.p. a small percent in two thousand and ten that's more than in any or the g eight countries and the forecast for this year's growth eased four point two percent as for the bulls the prime minister has said to the russian government and parliament was indeed increasing foreign capital into the country up to sixteen seventeen billion u.s. dollars a year prime minister pretty stressed the need today versus by russian money from oil and gas sectors but says judging by the figures that he's presented today indeed russia has recovered from the global economi

he graduated and worked for oracle before starting them out 12 years ago. he's created to soften up the industry. >> and with that he helped tod establish many premier companies of silicon valley. they are known as a cloud computing company and vinnie is the author of national best seller called behind the clock and that is how you become friends with the president. >> abc senbig lee is over in knob hill. i hear the plates are less expensive over there. >> a little less . when the din are party, you are covering later tonight, is where the president will appeal to the well heeled donors. book bock event is where he appealed to the young voters and thisen event is where the president will apole to everyone in between. the ticket ranged from 25 on 2500 and if you paid 10,000, you get a personal photoop with president obama. this is where most of the protest takes place and the president if he sees any of it will get a taste of san francisco's political diversity. >> we are here today to ask president obama to stop the round up of america's wild horses and sto

oracle. it is a senior president in the division that decided to betray him. the man says he was strained by a growing competition in the area. the stocks are set for higher open on this friday after the market lost ground yesterday. the government will be releasing figures on the court will still trade. looking for an increase there. reports are showing.......) to be passing a deal with truckers. it is a $7 million deal. >>darya: record to check in with james. we can see a few showers. coming into this hour. >>james: just this at the end of the storm system, does not been too much with appeared will shoot you in a moment. here is a live look at the golden gate bridge. we're tracking the current conditions. 44 degrees right now, a chilly start. warming up to 50 degrees. i want to show you the rain. it is in the peninsula and the seven day and here's a better look at it. the light rain is falling amount redwood city. it is tracking set to pelt. you are about to get wet. san jose is finally trying out as a band of showers push away and the purchase evergreen. ot

if the warrior players look particularly happy today it's because they beat the lakers last night at oracle arena. >>> the change you can expect from this year's allergy season. also at 6:00. for two hours police and fire communication were crippled by aging business. what we found autoabout that much talked about new radio system. a government shutdown is looming tonight. the residents who won't be left empty-handed if the government shuts down. >>> back to our weather. we've had some severe thunderstorms in parts of the bay area. over to our meteorologist mark tamayo. what's the situation now. >> no more warnings in place. but we still have impressive thunderstorms showing up. you can see the coverage right now. not a lot to show you in the south bay. not a lot to show you in the peninsula. the main action happening up in the north bay extending out toward solano county in parts of the east bay. it's a string of showers and thunderstorms in a fairly long distance. around 27 to 28 miles. the severe thunderstorms warning expired at 5:15. now it's up for souther solano county. we do have yel

stock's today closed down 47 points to $530 a share dropping the company's over all value behind both oracle and apple. >>> best buy plans to revamp its retail business. best buy mobile focuses on cell phone sales. analysts say both outlets have proved more profitable than traditional best buy stores. >>> well just when you thought the budget battle was over in washington, the new war being waged today and the program that is on the chopping block. >>> bay area weekend is here. i have the latest computer model. you see the green behind me, there is some showers in the bay area. will they impact your saturday or sunday? i'll have the latest. >>> there's a major push to turn the oakland port into a money machine. we'll break down the plan to create the port to create more jobs for you and the entire bay area. >>> barry bonds may not be the only one to suffer in his conviction. the key player in the case that might be the fed's next target. >>> more now on the breaking news from palo alto. we have now confirmed that it was in fact, a caltrain that hit a car at the intersection in palo alto. the

the naming rights are common for stadiums and arenas such as the hp pavilion or oracle arena. there are no front-runners right now. >>> let's check the forecast with christina. >> good morning to you guys. good morning to you at home. we have another gorgeous day shaping up. in the 70s today. you'll want to saver the moment. as we head through the remainder of the week, temperatures drop like a rock. a system of low pressure is getting closer and closer to us. it's going to drive in cloud cover as early as this afternoon. tomorrow, mostly cloudy conditions. the cold air, you can see the spotty clouds. that pulls in to the bay area as we head through thursday. friday, we are in the upper 50s and low 60s as opposed to 70s that we have had. 52 now in hayward. san jose, same for you. 52 degrees in fairfield. a cool start making way to a nice and warm afternoon. 66 degrees in oakland. 71 in los today. we'll be out there friday morning. that's going to be a fun show you don't want to miss. weather gets warmer. if you have tickets to any games, you are in for a treat. maybe friday mo

coming up, there is ar oracle. we have to get through the map. there you go. now, i can go to the update. an accident reported at avalon drive. it's south of where the accident was reported. it's at hickey boulevard. northbound side shows a blip as well. there's quite a bit of slowing. all but one lane is blocked. 101 is the alternate through the area if you are heading south. use 101 toward the airport and cross over at 380 jumping on to 280. now, across the bay a live look. there's a good number of cars. it's unusual for 5:22 in the morning. we have a drier view than at poupts yesterday. forecast is looking good today. >> yeah. it's looking all right. looking okay. good morning to you. we have looking toward a cold start. grab a jacket. warm the car up. it's going to be a nice day. at least when the sun comes up, we see the high temperatures between 3:00 and 4:00. they are the upper 60s. nice this weekend, great for outdoor plans. cloudy to start this morning. the clouds are going to keep it nice and mild. the lows will be in the mid-40s to upper 50s along t

oracle arena. at&t. network associates. alameda county coliseum which officially today became. >> overstock.com coliseum. >> reporter: overstock.com coliseum. doesn't exactly roll off the tongue. >> overstock.com coliseum. overstockcom coliseum. overstock.com coliseum. >> reporter: salt lake city retailer now known for paying 1.2 million a year for a stadium to call its own. not exactly the 20 million the 49ers want for their planned santa clara stadium naming rights. >> well, i wouldn't say 1.2 million is cheap what i say 1.2 million is a great value. >> reporter: a great value for overstock. $600,000 a year for the city of oakland. as will make a separate deal for signs and luxury boxes inside the stadium. the price in the ballpark. >> this is the only stadium left in the united states where you actually have a major league baseball team. oakland as. national football team. the oakland raiders. >> reporter: which means signage is seen inside year- round. estimated 1.2 billion impressions or views every year. overstock.com

warriors and blazers this seen at oracle. montae ellis sitting out and watching the familiesale from the bench suffered a concussion on sunday night. the rookie, look out. great finish from wright there. the league leader among forwards and steals. easy one here. 23-11, warriors. brandon roy and marcus aldridge are fighting back the chuckle like did we just see that? jeremy lynn and david lee on the pick-and-roll. again, the blazers are locked into the playoffs so i'm not sure that they were feeling the intensity of the game. lip on the reverse. nice feed inside curry to williams. reggie 28 at last check. curry alone. can he dunk? baby jam. two hands. warriors up by 13. look here. highlight reel off the window and the warriors win it 110-86, finishing the season with a record of 36-46. nice job there. kings and lakers probably the final game in sacramento for the kings. they want to move to anaheim. thornton going toe to tow with kobe. 28 in the game for kobe bryant. back to thornton. that gave him 33. guarding kobe now, a li

we just saw them leave, folks from chp and the sheriff's department left from oracle arena parking lot this morning. in all, 225 local agencies around the bay area going after people who text and drive or talk on the phone without a hands free device. studies show that drivers who do this, text and drive, have a similar reaction to people who are legally drunk in terms of how quickly or slowly they react. since it's never a good idea to do, certainly something you should think about. today and tomorrow, more than ever. >> we believe people don't quite understand the big picture in the sense that anytime you are distracted while driving, you run the risk of injuring yourself or someone else. we have seen an increase of crashes involved in distracted driving. we are going to increase the forces to bring those numbers down. >> reporter: if you are out there on the freeways today and tomorrow, really throughout the month, you may run into a lilgt-up message sign like this one reminding you not to text and drive. the fees can run you $150. the second offense, $279. christie smith, today in

>>reporter: san francisco was awarded premier sailing event after oracle ellofson won't race last year. it is expected to pump more than 1 billion dollars into the local economy. create at least 8,000 jobs. pl be an adjustment for those who live and work in the city. >> as far as the congestion, it would be a little bit of a problem just because our office is right 30. money for the city. lots of it. we need it. >>reporter: the people plan will now good to the people with theory of meetings and hearings. the final policy needs to be in place by the end of september. if you would like to read a draft for yourself we have it on our web site. by the way, today deadline for the team to sign up to enter the race. organizing committee tells us that as of noon, 14 teams are on board. in san francisco, l abc 7 news. >>> stay here with us. there is much month are to get to for enthusiastic thursday night. >> day 2 of record heat today but all downhill from here. pl i'll show you how much cooler it is going to get in the coming days. >> also tonight. video that got a drug case dismissed because

fransisco-berkley area in 67-68, and i remember all the kids selling the paper or the san fransisco oracle, and you'd see these middle-aged guys going back to the suburbs stop and, you know, buy the bash or whatever for the sex ads. >> right. >> of course, we would laugh at them because we wouldn't pay for it because we would share it and say, hey, the money -- we're surviving on the money we make selling the paper to these guys who hate us, and we hate them. does your book go into the economics? basically a lot of -- we came to the conclusion that a lot of these subversive ideas in the paper were being supported simply because of the sex ads or whatever, you poe. >> yeah, i mention that briefly. what you are saying is exactly correct. especially by the late 60s and 70s in the big cities, these randy back page sex ads drew attention, not from dirty old men, but people from the suburbs you didn't like. [laughter] what happened is several underground press publishers founded their a-political porn magazines. there's several examples of that in the early 1970s so there's a sense these papers

to at&t park be prepared for traffic starting around the afternoon towards the 7:15 game and around oracle we have the warriors playing as well so post-work traffic there. >>> there are protests in the streets of japan this morning. angry business owners who have been forced from their jobs near the nuclear power plant protested in tokyo, demanding compensation for their losses. they say they're frustrated with the way the power company is handling the nuclear crisis and they need monetary help. the company president has apologized and pledged to do more to try to help residents who cannot return to their homes and work because of that accident. >>> egypt's former president and his sons are being detained this morning. the prosecutor general says he is looking into whether hosni mubarak and his sons abused their authority when they ordered soldiers to open fire on demonstrators during the uprising back in february. the prosecutor made that announcement on a facebook page that was created to reach the public. >>> speaking of facebook, could mark zuckerberg have to give up most of his fortun

you know the deal, for stadiums, arenas around hereby the hp pavilion in san jose, the oracle arena in oakland, of course at&t park in san francisco. there are no front-runners though associated with the stadium that will sit next to great america theme park for the 49ers. >>> it is no secret, public schools are struggling financially, that's why the nbc television network issued a challenge to students nationwide. write an essay to convince us why your school needs help. it turns out one high school junior here in the south bay has a pretty powerful pen. bob rodell man is asia we're at santa theresa high school here in south san jose where there is one student who so badly wants to become a filmmaker. he studies and anliepzs his favorite films over and over. he's enrolled in the broadcast journalism class so he can learn about video production. the problem is the studio equipment here is outdated and the school cannot afford to update it. so last fall, he entered an essay into the nbc education nation contest and unbeknownst to him here, won. his prize? he's about to find out. hey goo

h-p and oracle is being strained. >> darya: and jerry brown is traveling to southern california today and saturday on the first legator to close a budget gap. he is trying to pressure republicans into allowing voters to decide when the taxes should be used to erase the deficit. democrats have raised the idea of you shut they down some university campuses, and reducing law enforcement officers. he will be added in elementary school this morning. republicans launched their own tour of the state to make your own case against taxes. the city of san francisco is also looking at massive budget deficit. it threatens to cut core services like police and steep pitched street repair. the deficit projection is now up, it was 306 million, now is $380 million in the hole. it is fueled by increasing labor costs even though the city is working with fewer workers than 10 years ago. >> mark: we will be back as a morning news continues, coming up c h p hot officer in the hospital after being hit by car. we will have an update. but trying to grow grass from seed in tough areas like deep shade, along the

there's no more oracle in our media culture. that's long gone. it's disbursed the power and influence spread around, as fred said, "huffington post" for $350 million, according to america online today. the "daily beast" bought the new suite, not the other way around to it to your website but "newsweek." we live in a very different media culture. there's no more walter cronkite who can say in february of 1968, that he went over to vietnam and look at it with his own eyes and decided it was an unwinnable war and within two weeks public opinion went from 60 something, 64, 65%, in support of the war, to about 40%. because of one man, 25%. i've looked at the numbers, and it's very stark. it's also around the time of the tet offensive, but i think we can credit cronkite more than not. there's no more media culture like that. so in a sense the times is -- i wouldn't say one among many deals because i think it's so obvious he is leading newspaper in the united states. but it has to share a lot more, it has to share the atmosphere, the oxygen with a lot m

is suing a former executive saying that he took trade secrets with them when he went to the work for oracle. h-p claims that their case against a former vice- president in the server division shows the growing relationship between him and his growing company. their decades-long company has been strained between each other. let us take a look at our big board now as we follow the dow. >>james: kron4 news continues into lebanon. when the matane on this cold morning. >>darya: we're in china today. as a cold one. 56, clubs and son. not too bad. compared to the storms we have been through there's a slight chance of rain returning sunday and monday morning. it does not look like a big deal. we warm up trying to get into 70 degrees by tuesday and wednesday. sort of medium. it medium for next week to. at some of the gun to help train had people around one and the morning. the train was able to continue southbound >>mark: another earthquake in japan. three people have been killed so far. power was knocked out. the nuclear power plant reports no new problems with the strong aftershock. here is the vi

then you go to september 11, 2003 and a great oracle of conservative thought, "the new york times," and define president bush of all people asking congress for authority to regulate freddie and fannie because he saw an economic train wreck coming. data september 11, 2003. he asked us for authority to fix freddie and fannie before it lieu up and what did we do? we passed it in the house and it was killed by democrats in the senate in that same article has barney frank saying there is no problem with freddie and fannie. that is the history of what is going on. so to some degree, it is okay for us to throw rocks at regulators and this and that in certainly the credit rating agencies that set everybody's triple a wonderful when the loans were of course terrible but some of the blame does lie with us here in congress and let's not be shy about accepting some of that for making policies to force banks to make loans that don't work. i don't even think that is very compassionate. by thank you and i yield back. i yield the remaining time to -. >> for as much time as he may consume. >> again in m