milton: central banks are human beings. it is people like you and i who are trading -- stephanie: central banks are a lot like matt. milton: they are buying a negative interest rates and not only all the sabres losing money in the united states, they are setting himself up to lose money. these guys are just wacky. it makes note sense at all. stephanie: you think the markets are about to turn by how much? milton: typical bear market is 20%. 11 out of 12 days into february 25. everywhere for the nasdaq be at 11 out of 12 days. sometimes the gaps suggest the markets go much higher. this 11-12 day rally takes place with what i call panic buying. it showed a total lack of fear and panic buying in this suggests that the february 26 perod -- stephanie: your clients -- money managers, hedge funds -- what should they be doing today? milton: my clients are the titans of wall street. what they should be doing is prepare for the next bear market but more importantly for your viewers, the typical real tell client -- retail client should

milton street on the ballot is good and bad for who finish the sentence? and you're not allowed to think. >> it's it's indifferent. i don't think he'll get the 24% that the got when he ran against the antimichael nutter vote when he ran 4 years ago. i don't think he will be a big factor in what happens in this election. >> i agree. >> shot down the milton street thing. >> the one point i would make because of the campaign finance limitations, we're already seeing the impact of outside groups, what we call outside groups that are in. the big buy by williams to go on television, i think what's remarkable about the primary we'll see larger amounts of money by the independent campaign committees that are going to dominant the air waves of and we're going to have to find out whether or not television trumps all of these endorsements that are being made and they are being made, kenny with the unions, williams with the party and party leaders. the dynamic has to play out but the outside money is probably going to eclipse anything we've seen in the past. >> the go

another thing that i thought was interesting -- how close milton street and lynne abraham came near the end of all the democrats in terms of submissions. >> mm-hmm. >> anything stick out for you guys? i mean, does this mean that anthony williams is the front-runner just for the simple fact that he's got the most signatures? >> i would say having been a candidate myself the signatures really come down to organization. that's really what it shows. >> doesn't the collection of signatures tell you something about organization? >> it does. it shows that if you get a lot of signatures, it, at the very least, means that you have a pretty decent organization. if you're really faltering there, it makes you wonder about the organization of that candidate. >> so would you raise questions about lynne abraham then? >> i was gonna say, yeah. i was gonna say that, but if you look at the last time around none of these candidates pretty much reached where the democratic nominees were. dwight evans had more than 17,000. >> good point. the lowest was tom knox with 10,000. >> exactly. >> yeah. >> so, again

a local mayor is challenging the candidacy of milton street. yesterday lawyers for joseph koch owe filed a campaign. they claim he's not a registered democrat and does not live in philadelphia. he's the brother of the former mayor and also ran in 2007. we reached out to milton street for comment. we have not heard back yet. the teachers union announced it will support jim kenney. it represents more than 16,000 school workers. kenney and street. the others are abraham, diaz anthony and williams. on the republican side elizabeth bailey is the lone candidate. before you vote in the primary on may 19th nbc 10 will get the answer you need from the candidates. >> we're partnering with the chamber of commerce for the first mayoral debate. nbc 10's jim rosenfeld will moderate. if you have a question for the candidates just let us know and you can submit them right now on nbc10.com or the nbc 10 app. >>> meanwhile the director of the secret service joseph clancey is expected to face tough questions from congress today. he'll be on hand to discuss next y

milton massachusetts, 140 inches on the ground. again, remember that's just a city there right near boston. we'll take you to a ski resort and only 82 inches at alpine meadows. way up at 8,000 feet. so right now we have more snow 58 inches more in milton mass than our ski resorts up here across the sierra. as far as that rain outlook goes it's not great over the next couple of weeks. we likely could have rain by the 11th 12th and 15th. more on your forecast in about 15 minutes. >>> rain or shine you can download our free nbc bay area app to find out what you can expect in your specific neighborhood. also look at real-time doppler radar. >>> now to a follow up on the jahi mcmath case. the family announced it is suing the hospital where she was declared brain dead. the lawsuit was filed against children's hospital oakland. mcmath 13 at the time went into surgery in 2013 for sleep ash pnea. in a hospital statement it said in part we're not aware of any litigation filed by the mcmath family but it is our policy not to comment on any li

the nbc 10 investigators found that former state senator milton street filed his campaign report 25 days late when he did file it to show that the campaign raised $3,200. and we do not have the campaign fund-raising numbers for mayorfhd nutter's spokesperson doug oliver. michael cook is the enforcer at the board of ethics to make sure the election is a clean one. >> the idea is to give people enough time before the election to make an assessment about whose funding the candidate and what the candidate is spending money on to see if it influences what they do with their vote. >> so far the top candidates have raised more than $1 million. that's much lower than the last open mayor's race for the candidates to have almost $8.5 million. >>> in the past week milton street spent more time in court than on the campaign trail because the mayoral candidate has been fighting questions about whether he lives in philadelphia and if he was properly registered as a democrat. last week a judge ruled that he can be on the ballot as a democrat. the residency issue will be decided in court later this week

a local labor leader is challenging the candidacy of milton street. yesterday lawyers filed a challenge against street's campaign. they claim he is not a registered democrat and does not live in philadelphia. he's the brother of the former mayor john street. we reached out to milton street for comment but we've not heard bad but he told "the philadelphia inquirer" it was sad and frivolous. >>> the teachers union announced it lwill support him. kenny and street are among six candidates for philadelphia mayer.may mayor mayor. now, before you vote in the primary, which is may 19th nbc 10 will get the answers you need from the candidates. we're farther nevering with the greater philadelphia chamber of commerce for the first maieral debate. jim rosenfeld will moderate the event. you can watch it live right here. if you have questions for the candidates, let us know. you can submit them right now on nbc10.com or our nbc 10 app. >> my alma mater got in but yours did not. >> temple. >> i put nova. >> against byu? >> of course thiefrmt in the playoff game toda

milton street filed his campaign finance report 25 days late. when he did file it it showed the campaign had raised $3,200 total. for the investigators, i'm mitch blacher, "nbc10 news." >>> so far the top candidates have raised more than $1 million. that's much lower than the last open mayor's race where the candidates had nearly $8.5 million at this point. in the past milton street spent more time in court than on the campaign trail. the mayoral candidate has been fighting questions about whether he lives in philadelphia and if he was properly registered as a democrat. last week a judge ruled he can be on the ballot as a democrat. the residency issue will be decided in court later this week. >>> the democratic primary for mayor is on may 19th. nbc10's jim rosenfield will be moderating the first debate at the kimmel center on tuesday, april 7th. you can see it live right here on nbc10. if you have a question for the candidates, let us know. you can submit them right now on nbc10.com or the nbc10 app. >>> u.s. senator bob menendez maintains he's

and milton street has spent a lot more time on the road than on the campaign trail. he talks about whether he lives in philadelphia and if he was properly registered as a democrat. last week the judge ruled he can on the ballot as a democrat. the residency issue will be decided in court later this week. >>> the democratic primary for mayor is may 19th. and jim rosenfeld will moderate the first debate at the kimmel center on april 7th right here on nbc 10. and if you have questions for the candidates, submit them on nbc10.com or the nbc 10 app. >>> coast guard helicopters will be taking off for frequently over the next few days from atlantic city. because they continue helicopter training tomorrow through april. new pilots are training to eventually secure space over washington. most of the flights will take place between tuckerton and ocean city to stone harbor. so people in that area can expect to see and hear the choppers at least twice a day during the training. >>> and a frontier airlines plane is back on the runway again after getting stuck in the mud for almost

. >> the nbc10 investigators found that milton streit paid fines over a lack of transparency. he spoke to our investigative reporter mitch blacher. what's the explanation? >> reporter: there is no explanation why he was 25 days late in telling the public where his campaign got its money. he's been busy explaining to a judge why he should be allowed to stay in the race. in the past week mayoral candidate t. milton streit has spent more time in a courtroom than campaign trail. >> it's politics. >> reporter: he's been fighting questions about whether he lives in philadelphia which any mayoral candidate must. >> if they don't have anything on this. they have to reach for something. you know and it's -- you know i don't -- you know it's just foolish. >> reporter: the controversy started when he mistakenly filed as an independent instead of a democrat. the allegations surfaced that street lived with a girlfriend in new jersey. a judge has said street's name can be on the ballot as a democrat. his residency will be decided later this week. but the nbc10 investigators found new questi

. >> now i'm hearing about milton friedman. how are we going to remember all of this? >> we could say we have a dull antagonistic mix between them. you can call it milton cane. oh come on. i just made an economic pun. i should get credit for that. i think we have enough credit here in ireland. anyway, whatever. ah yes, now, greed and capitalism. that's what it's about, isn't it? >> people praised greed as what made the world rich. >> was the wall street greed good garden gecko? >> it doesn't mean it shouldn't be regulated. it's like saying a porsche is the car and let the drivers do whatever they want. >> the fast car theory of capitalism. as we have learned, capitalism is unequal. not everybody has a fast car. anyway, off to the 21st century on my very short history of capitalism. >>> hello, i'm with "bbc world news." our top stories. voters in israel go to the polls with prime minister benjamin netanyahu facing serious challenge from opposition. a court in myanmar found a new zealand and two others guilty. >>> those who survive the onslaught of cyclone pam try to pie

milton massachusetts has more. that is sad. we'll have more in the forecast coming up. >> if they could truck some of that snow our way it would be very helpful. rain or shine you can download our free nbc bay area app to find out what you can find in your the neighborhood. you can also look at our real time doppler radar. >>> in a rousing speech to congress benjamin netanyahu assailed the president saying that he has not done enough to stop iran's nuclear program. >> but i can guarantee you this. the days when the jewish people remain passive in the face of genocidal enemies, those days are over. [cheers and applause] >> some bay area lawmakers are criticizing netanyahu about speaking with congress without first consulting the white house. we are joined from nancy pelosi's district. and she had some words to say about the speech as well. >> reporter: she did. and as you know netanyahu is up for reelection on march 16. and while he said today that he didn't intend for this speech to be policetical, it was. israeli prime ministe

chris milton, the three, no good, the bucs get the rebound. another look, he sinks it. the wizards lose, 91-85. regular season finale for the hoyas, and emotional. seton hall at the verizon center. a special moment for senior tyler adams. his career was cut short his freshman year after he was diagnosed with a heart ailment. he kept his scholarship, and starts the final home game. and emotional moment, dream come true. as for the game, smith-rivera was out with a lower back injury, but he led the way with a 19 points. the hoyas with the lead in the second half. he finished the real estate and with the victory. wild finish in the acc, uva-louisville. the cardinals, malcolm brogdon knocks down the three. clutch. louisville has their chance. wide open, his first attempt the entire game, two seconds left on the clock. uva drops its second game of the season 59-57. a-10 gw-umass. the past to the corner his fourth three of the half. gw shoots 78% from three and wins 87-65. women's hoops, the turks looking for their first ever big ten tournament title, but the have to get past

but milton valencia has been in the courtroom. your reaction when richard took the stand? >> it was just pain staking, heart wrenching for all of us. you couldn't hear a noise in the courtroom except for the crying the sniffles among jurors spectators. their emotions were on display as people were hearing this heart wrenching just gripping testimony by bill richard. we had had heard this story of martin dying before. the 8-year-old the youngest killed in the attacks but to hear his father giving this account of how he had to make this decision to recognize that his son was dying in front of him and he needed to do what he could do to help his young daughter jane this is a beautiful young girl he pointed out. she no longer has her legs now because of this explosion, but he made that decision that day he had to leave martin with his wife so he could attend to his young daughter. she tried to get up and couldn't. he tried to pick her up and he couldn't. and there was another quote that day where he said i just wished i prayed at that moment that someone would come and help us

california, two police officers were killed after stopping a car for running a red light. 25-year-old milton curtis had been on the force for only two months. he left behind a wife and two children. >> it was like, what are they doing here? and it was pretty much like he is sleeping. why doesn't he come home and sleep? and she says, he's in heaven. >> the other victim, 29-year-old richard phillips, was also married with three children. his daughter carolyn remembers the promise the police department made to her mother. >> we vow to you that no matter where you are, no matter how much time goes by, we will find you if we ever solve this case. >> police soon discovered that the murder suspect had been driving a car stolen from the teenagers. they had been robbed and assaulted. dewar described the assailant as a white male in his early 20s, 6 feet tall, 190 pounds with dark blond hair, and an unfamiliar accent. >> he wasn't from this area, and he was soft-spoken, and he was slow, not educated, and he kind of had a drawl. >> howard speaks examined the stolen car for evidence. >> when they called

he also ran for mayer in 2007 and 2011. >>> we reached out to milton street for a comment, but have not heard back. but he told a philadelphia inquirer that the legal challenge was sad and frivolous. >>> while one candidate was challenged yesterday, another was endorsed. the teachers union announced it will support jim kenny. kenny and street are among the six democratic candidates for the philadelphia mayor. the others are lynne abraham, nelson diaz bud oliver and anthony williams. before you vote in the primary on may 19th, nbc 10 will get the answers you need from the candidates. we're partnering with the greater philadelphia chamber of commerce for the first mayoral debate. jim rosenfield will moderate that on tuesday, april 7th, from the kimmel center. watch it live here on nbc 10. and if you have a question for the candidates let us know. submit them right now on nbc10.com or the nbc 10 app. >>> atlantic city officials unveil plans to regamvamp gardener's basin. these spots are prime real estate in atlantic city. nbc 10 got our first look at the resort's conceptual plans for the a

. >> rich, milton freed man the great economist -- the great economist said he didn't like the sales tax or what he would call the value added tax because it worked too well it was too effective for government's it this collecting money. we didn't like that. plus they could raise it very easily. >> yeah that's its problems. it's always going to be tinkered with. the great thing about a flat tax is you've got a national consensus, everybody is treated the same way and i would just go, steve, one step further. i would apply not only the income but capital gains, corporate income and inheritance taxes to make it it overwhelmingly fair and treat everybody the same. >> emac rand paul, senator rand paul who is also running, he's going to throw his hat in the ring pretty soon, he said you could use a flat tax on a way to transition to a sales tax. is that a nice compromise? >> no, it wouldn't work. taxes upon taxes worse than any kind of wedding cake you saw at a big family. listen, it's so easy to ratchet it up to 40%, you could hit services with the national sales tax, too. while exemptin

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veteran of philadelphia's plitdcal scene is now officially in the race for mayor former state senator, milton street declared his candidacy at a north philadelphia church, street entered a crowded field the 73-year-old urban activist and former legislator was defeated by michael nutter in the primary in 2011, he served time in federal prison for failure to pay taxes. >>> coming up on "action news" today was the day that more that 1300 parents learned if their child was one of 23 to earn a coveted seat at a philadelphia charter school. jeff skversky? >> reporter: jim the demarco murray deal is not official. the deal that could land the number one running back in the nfl. >>> spring warmth is in much of the country but the only thing we are tracking is spring showers we'll let you know when they arrive in the accuweather forecast. those stories and more when "action news" continues. >>> you think it's hard getting into an ivy league school that is it nothing compared to getting into the russell buyers charter school where the admission rate is less than 2% and they held the lottery and vernon o

." >>> milton street will announce his run to run your governor. before that he served time in federal prison for tax evacation. >> sources tell "action news" that demarko murray will visit philadelphia today one day after the eagles sign free agent running back ryan matthews. new eagles quarterback sam broad ford hopes to convince murray a former teammate from oklahoma to join him here. >> are you recruiting him here? >> absolutely, i've been trying to my hardest. we've been in communication, i think if we could land demarko it would be a great pick up, not only is he a great player, he is a great person. i think he could help this ball club. >> the eagles acquired bradford from the rams in exchange for nick foles. the team wants to move up in the quarter bark and select marcus mariotta. he said he would never mortgage the team's future to get a higher draft pick. but if he were 10th -- >> reporter: maybe. >> if they lose 16 games they get a high draft pick. >> reporter: not this year, right. storm tracker 6 live double scan we're looking at dry c

. >> reporter: it was only after milton's case that investigators began putting all the pieces together, dozens of deadly crashes linked to the same ignition switch. as early as 2001 some inside of gm found a problem with the ig ignition switch. >> what about the other families involved in the case? >> there is money set aside for them as well. >>> and we're learning more about the american heroes that died in the black hawk crash. martha raddatz with the story. >> reporter: today, off the florida coast, salvage efforts began for the helicopter that went down in bad weather. the two blackhawks doing night training when the fog rolled in the mission was aborted. the first helicopter made it back to base, the second with the four-man army crew and seven marines did not. the shock of this loss, even more profound because of this young marine, staff sergeant andrew seif. one week ago today, the 26-year-old stood with his wife dawn where he was awarded the silver star for combat valor, the marines will mourn all those lost but also will be celebrating the good things they did as well. this w

conservative economist milton friedman. because the tendency has always been to respond too late and too much and to create a subsequent period of bumps. in my opinion, the right way to respond-- the most desirable way to respond to recession-- is to have a policy of steady monetary growth. as a result, recessions will be mild and will correct themselves as the effects of various forces unleashed by the recession work out. you won't have a perfectly steady economy but a much stabler economy. i don't believe that. with all the information we have about the economy, there should be feedback. you should feed back into the policy process what you can learn from the economy and then adjust policy not every day, but over a cycle or in light of various crises that hit the economy. you should adjust it in light of the information. i would say you can't iron out the little wiggles in the business cycle, that countercyclical policy may be useful if the economy gets very much off track. we have monetary and fiscal tools for dealing wi

there are six democrats, lynn abraham, nelson diaz doug oliver milton street and williams. the lone republican in the race is melissa murray bailey. may 19th is the democratic primary. the general election is november 3rd. >>> pennsylvania's attorney general kathleen cain will soon find out if a criminal case against her will move forward. her legal team argued before a state supreme court justices in center city today, whether they had the authority to appoint a special prosecutor. cain said the judge had no legal authority to appoint the special prosecutor. the grand jury recommended charges. that case is on hold until the supreme court rules. no word on when that will happen. >>> over a deadly shooting in trenton tonight. police found a man shot and killed in a car here on hamilton avenue around 8:30 tonight. so far no arrests and no word on a motive. >>> also new at 11:00, two camden men will face felony murder charges in the case of a woman buried alive. a grand jury indicted carlos and ramon ortiz. they're on jail on $5 million bail. the woman was carrying about $8,00

late today a judge ruled former state senator milton street will be allowed to stay on the ballot. there were questions surrounding his eligibility because of claims he hasn't lived in philadelphia for three years as required by law. street is one of six candidates hoping to get the democratic nomination nomination. the others are abraham, diaz oliver, kenney and williams. from our south jersey bureau a new plan to help camden's most struggling schools. today the superintendent of camden public schools, the mayor and other leaders announced major improvement plans for five of the district's poorest performing schools. the city will transform them into so-called renaissance school with new leadership renovation and even some new construction. >> for those students who attend those struggling schools, there isn't time to waste. our students don't have forever for their schools to improve. our students only get one shot at their education. >> today's announcement comes after a series of community feedback meetings. >>> new at 6:00 hundreds of new jobs will be up for grabs in delaware

today lawyers filed a challenge against the campaign of milton streit claiming he's not a registered democrat and did not live in philadelphia. the brother of former mayor john streit and also ran for mayor back in 2007 and 2011. we reached out to streit for comment but we haven't heard back. he told the philadelphia enquirer the challenge was sad and frivolous. >>> the teachers union announced fwoo support jim kinney representing more than 16,000 schoolworkers. among the six democratic candidates for mayor, lynn abraham, diaz oliver and anthony williams are the others. on the republican side melissa murray-bailey is the lone candidate. >>> before you vote in the primary on may 19th, nbc10 will get the answers you need from the candidates. >> we're partnering with greater philadelphia chamber of commerce for the first mayoral debate. i'll be moderating that event on april 7th from the kimmel center. you can watch it live on nbc10. if you have a question for the candidates, let us know. you can submit them right now on nbc10.com or the nbc10 app. institute arrest of an eccentric milli

that involves the second of two lawsuits filed by the family of brook milton who died in an accident involving a vehicle affected by the defective switch. the family had originally settled their case with gm for $5 million in 2013, but a few months later the miltons claimed that gm knew much more than it originally admitted during the original suit and filed a second suit charging gm with fraud involving the first settlement and now that second settlement has been struck for an undisclosed amount. all right. carl, back to you. >> sue, thank you very much. when we come back, stocks still sliding, dow down 240 points. we're keeping our eye on that move. rick santelli, what are you watching on this friday? >> we're going to have some fun on this friday the 13th. you know, there's a lot of issues right now, facing the globe. one of the major issues everybody around here talks about the long road to normalization with respect to our fed and central banks in general. i have two numbers for you to think about. 18 billion, 20.5 billion and i'll give you a clue, dude where's my bund? legalzoo

. >> austin i know a lot of liberals who turned into conservative like milton freed man because of their stint in government. did the same sort of happen to you? >> well, look, if people who engaged in misconduct we should not be trying to protect their jobs but it is worth remembering that the reason we have a civil service in this country is that it developed out of the patronage wars that if you won an election you would go town and say, okay, everybody in the government is now fired. the financial regularity whoever it is, and i'm putting in my own people and that was even worse. i mean come on out to chicago we could tell you how the machine works. >> emac, that's the reason why we have this. according to austin it's better than the patronage system. >> patronage is a kind of porn. anyway, watch this david in the henhouse echo chamber that is congress, only congress would come up with legislation that reads eliminating porn from agencies act. what is going on here? do we need legislation to fire these people? >> that's a great point. >> and the other point too, is internet porn has

firefighters found 30-year-old milton flinton of fort washington with burns and a gunshot wound. his death has been ruled a homicide but so far, police don't have any suspects. newschopper 7 captured an unusual sight today while covering a brushfire along the i.c.c. in fairland. our cameras were rolling as firefighters arrived to find a woman trying to stomp out the flames as they spread from the side of the road to the backyard. a minute later firefighters douse the flames with water quickly knocking out the blaze. no one was hurt. dangerous moments caught on camera in a high speed chase outside of l.a. during the chase, a suspect riding a motorcycle can be seen several times standing on the seat of the bike. that chase at times hit 100 miles an hour before the man eventually pulled into a gas station and surrendered. afterwards, he apologized. >> i want to say i love my family and i know i disappointed them. maureen: the chase began when officers tried to pull over the rider for reckless driving. next on abc 7 news at 6:00 -- horace: i'm horace holmes in the abc 7 on your side

vying for mayor of the city there are six democrats, lynn abraham, nelson diaz doug oliver jim kenny, milton street and anthony hardin williams. one republican is on the ticket in the race melissa murray bailey. the general election is november 3rd. ♪ ♪ the right stuff ♪ >>> '80s and '90s nostalgia on full display this summer at the delaware state fair. organizers announced wednesday new kids on the block will be among the performers. you question how new they are now, but they're still on the block. also slated to appear bryan adams. july 23rd through august 1st is the fair. >>> and plenty of sunshine expected for us today. a big difference from our conditions yesterday. temperatures won't be quite as warm but i'm also tracking rain as we head into the weekend. christine. >> taking a look outside right now, things are looking pretty good. we're not seeing a lot of volume out there on the roads in the le hi high valley or new jersey. a comprehensive look at drive times when we come back. >>> and we'll continue to follow the breaking news out of ferguson missouri where two police office

doug oliver, nelson diaz milton street anthony williams and jim kenny all discussed their plans to improve the district's performance and its finances. candidates lynne abraham and melissa bail dull not attend the event. primary day for philadelphia mayor is may 19th. >>> actress angelina jolie surprises the world with another surgery and once again it's an attempt to ward off cancer. jolie made the revelation in a new york times op ad and she's had her ovaries and fallopian tubes remove as of last week. the 39-year-old super star carries the brca1 gene mutation that greatly increases her risk for breast and ovarian cancer. her mother, grandmother and aunt all died from that disease. and recent blood test showed a possible early sign of cancer. >>> ovary makes estrogen and progastrin she's with out the hormone produceing ovaries menopause is produced a decade earlier than in a woman. >> more than a half a million americans will develop alzheimer's disease this year. but there's new information as ams half of those will never be told their diagnosis and tonight's health watch health reporte

. >>> an explosive device was found wired inside a closet in this home in milton, massachusetts. police say the current owner of the home and an electrician were insides at the time. it is unclear who placed the device there or why. the bomb squad successfully disconnected the device before it could ignite. >> 4:54 now. all new in the next half hour of "action news" new research shows distractions play a far greater role in car crashes involving teen drivers than has been previously understood. >> a mad man admits to having a problem with booze in real life. on the cusp of the final season. "action news" returns. . >> riders of the hulk rollercoaster at universal's island of adventure took in much more of a thrill than they bargained for. more than two dozen people were on the ride when it stalled yesterday evening. 20 riders able to walk off to a platform. firefighters had to assist 12 others using a ladder truck. no injuries were reported. >> mad men is known for its hard drinking three martini style but the issue has become serious for one of its stars. just days before the pr

at the head of the monetarist attack was economist milton friedman. in my opinion, given that there is a federal reserve, the best way for it to operate would be to set targets for a single monetary aggregate and stick to those targets and keep to them as closely as possible. and those targets should be set so as to go from wherever you start to a rate of growth in the money supply which is consistent with zero inflation. schoumacher: on october 6, 1979 paul volcker announced that the fed would no longer target interest rates but would focus instead on targeting the money supply itself, restraining it until inflation was broken. in a speech before the national press club, he stressed his determination to stick to this long-term course. volcker: will the fed stick with it? my short and simple answer to that question is "yes." and i don't intend to qualify -- i don't intend to qualify that answer. but i do want to be clear, clear about what the "it" is that we intend to stick with. [ laughter ] "it," in the sense of our october 6 actions, is restrain on

speakers included secretary of state john kerry, delegate eleanor norton, milton davis and senator brooke's son. it was held at the washington national cathedral. it is just over one hour. [bells tolling] >> whoever has saved me [indiscernible] and everyone who has life. shall not die forever. as for me, i know that my redeemer lives. and at last, he will stand upon the earth after my away can, he will raise me up. and in my body, i shall see god. i, myself, shall see and my eyes behold him who is my friend and not a stranger. were none of us have life in himself and none become his own master when he dies. for if we have life, we are alive in the lord. if we die, we die in the lord. so then whether we live or die we are the lord's possessions. happy from now on are those who die in the lord, so it is says the spirit. for they shall rest from their labors. [no audio] reverend cope: on behalf of washington national cathedral and all who serve here, it is my profound privilege to welcome you to the service of this morning as we gather to remember and celebrate a life who was well loved. washi

so they store to start to buy other similar games on the market and milton bradley hit a game called inflation but they all draw the origins from the game. but by then the story the train left the station. they are pretty much forgotten. in 1936 she gives an interview from the shenzhen evening star. you can see her now living in washington holding up her board and the monopoly board on the market and it says here it's understood she received $500 for the content and she gets no royalties. if you count the lawyers and the patent office fees the game has cost more than she made from it. so why did the office grant the 1935 pounds and the one i showed you. there is a patent pattern that explains to you how and where and why this happened and it's been missing for at least 40 years and i couldn't find it so we don't know exactly what happened at the office. so they die and this is his obituary in "the new york times" killing him as the inventor of the game of monopoly. lucy is a read and i have a hard time finding it and there is no mention of monopoly here. she died in 1948. how do we k

a judge ruled yesterday that former state senator milton street can stay on the primary ballot for may 19th. there were questions about his eligibility to run because of claims that he hasn't lived in philadelphia for three years as required by law, but again, the judge is allowing him on the ballot. street is one of six candidates for the democratic nomination. the others are lynn abraham, nelson diaz doug oliver, jim kennie, and anthony williams. >>> today in the lehigh valley fans will say a final farewell to eagles legend chuck bednarik. there's a viewing at connell funeral home in bethlehem. then there's a private mass for family and friends tomorrow. the hall of fame linebacker died over the weekend after a brief illness according to the eagles. he was known as concrete charlie and played for the eagles from 1949 to 1962. bednarik was 89 years old. >>> now your nbc 10 first alert weather with meteorologist bill henley. >> a foggy start this morning. the fog is thick in some areas, especially at the shore. dense fog to start with. showers will be here during the day. tracking some

. >>> an explosive device was found wired inside a closet in this house in milton, massachusetts. police say the current owner of the home an electrician were inside at the time. it is unclear who put the device there or why. the bomb squad successfully disconnected the device before it could go off. >> it's 5:52 now and up next the must see video showing a local pizza shop owner body slamming a suspected thief. >> more news you didn't see last night including a new investigation into claims of widespread mismanagement at the veterans affairs office in philadelphia. the story brand new at 6:00 a.m. >> ♪♪ jim kenney. son of a firefighter. first in his family to go to college. he's been councilman at-large, representing the whole city. a progressive voice who'll be a mayor for our neighborhoods. bringing philadelphia together... expanding pre-kindergarten improving our schools... ...and partnering with businesses, community colleges and universities to create jobs jim kenny, the block by block mayor we need to move philadelphia ahead. >> ♪♪ >> good morning everyone, 5:55 on

anthony williams milton street jim kenny, doug oliver and lynn abraham. the order was chosen by picking names out of a coffee can. now, the democratic primary is on may 19th. will be moderating the first debate between the candidates at the kimmel center. you can see it live on nbc 10. it'll be tuesday, april 7th. and if you have a question for the candidates, let us know. submit them now on nbc10.com or the nbc 10 app. >>> the u.n. security council is condemning a deadly attack the a museum in tunisia. no terrorist action can reverse the country's move toward democracy. attackers killed at least 19 people and wounded dozens more. police killed two of the gunmen. but a manhunt is on for another suspect. tunisia's prime minister says one gunman was known to intelligence sources, but no formal links have been established with a particular terror group. >>> now to arizona where investigators are trying to figure out why an ex-convict went on a rampage that involved a motel shooting a carjacking and a home invasion. police took the man into custody after they

including a book he co-authored with joyce milton called the rosenberg file. stephen is the senior washington editor for bio century.com and the author of engineering communism, how to american spies founded the soviet silica and valley. he has published several major articles on the rosenberg case. alan horn bloom. he is the author of the invisible harry gold. the man who gave the soviets the atom bomb. at the far end to my right, i my colleague mark kramer. the director of cold war studies at harvard. i would like to start, if you don't mind, with the history of the rosenberg case. and as professor claire should talk to us. >> john haynes, we have co-authored so many books we can't remember who writes what. john will offer a brief pre-seed of the biography of the case. i would like to take a minute and mention something i don't think will be addressed directly by any of my colleagues. i am fascinated by what the rosenberg case illustrates about the tragedy of the jewish relationship with communism. the rosenbergs and their defenders, for many years, presente

milton berg is a technical analyst. he says don't look at the noise lockout the excitement and look at history. he is completely short stock and completely short bond. he says even if there is a modest amount of upside it is too risky because when the market turns it could go down 20%. he changed his call on march 4. the only thing he would be doing is sitting in cash, raising his money and waiting for the market to bottom out. betty: that is awfully dire what is that based on? stephanie: he is looking at overall data. if you look at it over i -- overtime it doesn't make sense. if you take out the fact that mario draghi has stepped in and the fed if you remove these extra factors the market looks bleak. this is a guy who can change his call on a dime. he never gets emotionally attached. there were moments when he hated tesla or didn't like the hot ipo over day and if you look over time he crushes it. betty: you are saying if he gets more data he could get and turn around and say i was wrong and the bull market will cont

milton bradley their rifle made a game called easy money. a man in texas had a game called inflation. there were all kinds of monopolies drawn from the origins of the monopoly game. by the mid-1930s dodaro story the train has left the station. lindsay mcghee and her landlord game are pretty much forgotten. lucy is not happy about this. in 1936 he gets an interview from the washington union star. you can see she's an elderly woman living in washington. she is holding boards in the monopoly board as a market. it says it is understood she receives $500 for a patent and she gets no royalties. patent office fees used up in developing at the game has cost her more than she can make so that's the deal she got for parker brothers. why did the patent office grants darrell it's 1935 monopoly patent when mcghee had two similar once before at? we may never know. usually the patent, there's a thing called a patent rapper that explains how where and why some of the stuff happen. that has been missing for at least 40 years and i certainly couldn't find it.

milton bradley the rival had a game called easy money. a man in texas had a game called inflation. they all make monopoly and draw their origins from it. by the mid 1930s the darrow story, the train left the station. he is hailed as the inventor. lizzie magee and related boards they are pretty much forgotten. lindsay is not happy about this, this is from the washington evening star. she is an elderly woman living in washington. says his that miss phillips got married by then. it is understood she receives $500 for patent and she gets no royalties. if one counts lawyers, preachers, use up and developing it the game has cost her more than she made from it. that is the deal she got from parker brothers. why did the can't office granted arrow 1935 monopoly the one i showed you when mcgee had two similar ones before it. we may never know. with the cat and you have a thing called a patent rapper which the document around a pant explains to you how and where and why this happened. that has been missing for 40 years and i couldn't find it. we don't exactly know what happened at the patent

gm was sued by the family of brooke milton, who died in 2010 after the ignition switch failed in her chevy cobalt. her parents initially settled the suit for $5 million but filed a second suit alleging g.m. concealed evidence in the first case. settlement terms are confidential. tesla is shaking up sales staff. jerome dillion will be reassigned after tesla hires a regional sales executive. the carmaker is trying to find a sales slump. sales in california fell 27% last year. ceo elon musk says sales in china have been excitedly week. the phrases shareholder meeting and blockbuster usually don't go together. disney broke some blockbuster news, talking about a plan of a sequel for "frozen." they were releasing a live-action cinderella movie and a frozen short called "frozen fever." the timing of three new star wars films between now and may 2017, including a standalone film. and the fantastic success of "the avengers, disney says they will have 11 more films in the next five years. shelley holidays in new york following this for us -- shelby holliday is in new york following this for us