jim: grace for third. tonight on cbs begins with "60 minutes" and a monumental project 80 years in the making followed by a new "big brother," "madam secretary" and "c.s.i.: cyber." there's jason's wife ellie, who's from the outskirts of columbus, ohio, and their little boy dash. ellie is pregnant with their second child, expected to arrive the first half of november, right around the time of jason's 28th birthday. nick: got to be careful because jordan is going to be planning to throw this one in inside 10 feet. david: 185 yards. he has 5-iron. nick: no. i think he just blocked it a touch. jim: it's not that bad. really good shot. nick: that is the flattest approach. it's the perfect angle but once again, if jason can just fire it at that golf ball, that will do very nicely. that for me would be the spot to go for. david: i had my numbers the wrong way around. this is actually 1 5 for jason. he has 6-iron. 198, the shot that jordan just hit. it was 5-iron. but 6-iron for jason. david: looks like he's done

jim: jason day at the very first. gave us an idea of what might be coming on later in the afternoon. a little harbinger of birdies to come. gave one away, though, at the second. then the third. nick: this was pretty brave at the third. 7-iron. the hole back left corner and slam. right in there. jim: how many of these shots today are within three feet of the cup? at nine this is really where the streak got going, though. nick: everything looked so solid. jim: had a two-shot swing with jones, in his own pairing. at the ninth, at 10. nick: perfect. and then 11, three birdie shots. a driver -- perfect shots. a driver then a wedge to here and tracks in a perfect three. jim: this is absolute perfection. at 13. didn't expect this one. nick: this is a twister. up the hill right to left and then back. that is definitely making everything. jim: all these stats here, including proximity to the hole with shots from the fairway. he leads the field this week with shots like that. nick: i should think by quite a few feet. they're on

>> please welcome jim cramer. (applause) >> jon: yes, to prepare for the skirmish he appeared in public with a convicted white collar criminal. (laughter) >> jon: not sure how that's going to help him. >> so you are mad at somebody like -- make believe this is jon stewart. now it is cold, you did that very well. (laughter) >> jon: mr. cramer, don't you destroy enough dough on your own show? (cheers and applause) >> jon: boom goes the dynamite. how weird is our world? when jim cramer is on tv baking pie and martha stewart is the one who went to jail for securities fraud? (laughter) >> jon: that's weird. actually, jim cramer and cnbc are not the financial villains today. this morning the tire some word "alleged" was officially removed from bernie madoff, aka arthur ponzerelli who pled guilty to 11 counts of fraud for his $64 billion scam. >> we have also been telling you there is a maximum sentence here of 150 years in jail. as you well know, he is an older man. he is 70 years old. so obviously this would pretty muc

jim: jason day at the very first. gave us an idea of what might be coming on later in the afternoon. a little harbinger of birdies to come. gave one away, though, at the second. then the third. nick: this was pretty brave at the third. 7-iron. the hole back left corner and slam. right in there. jim: how many of these shots today are within three feet of the cup? at nine this is really where the streak got going, though. nick: everything looked so solid. jim: had a two-shot swing with jones, in his own pairing. at the ninth, at 10. nick: perfect. and then 11, three birdie shots. a driver -- perfect shots. a driver then a wedge to here and tracks in a perfect three. jim: this is absolute perfection. at 13. didn't expect this one. nick: this is a twister. up the hill right to left and then back. that is definitely making everything. jim: all these stats here, including proximity to the hole with shots from the fairway. he leads the field this week with shots like that. nick: i should think by quite a few feet. they're on

jim webb's opposition, jim webb's opposition to the war in iraq essentially defined his time in the senate. he was more than unapologetic about it. he told anybody who would listen, and that included the commander in chief, george w. bush. >> at a post-election white house reception, president bush spotted senator-elect james webb of virginia and according to "the washington post" the president asked about his son, a marine corporal serving in iraq. how's your boy, said mr. bush? i'd like to get them out of iraq, answered mr. webb. that's not what i asked you, how's your boy? webb shot back, that's between me and my boy, mr. president. >> let me ask you about your meeting with the president at the white house during the christmas break. what did you make the president asking you casually about how your boy was doing over there in the military capacity over in iraq right now? what did you make of that? >> well, my feeling about that, first of all, it's been kind of a bit overblown. but i think when people are now seeing how john mccain is handling the situation with his son being in the mar

shot by jim jones' gunmen. just ahead -- ambush at the airport. >> i looked out the window and i said, they're killing everyone. they're killing everyone. the one on your right is made out of high strength steel and the other is made of aluminum. now i'm gonna release a 700 pound grizzly bear into the room so you better pick a cage and get in it. this is crazy. oh my goodness. why did you pick the steel cage? harder for the bear to get into steel. you want to see something else made with high strength steel? that's the chevy silverado. made with high strength steel for high strength dependability. beautiful. this is highly irregular. imagine - she won't have to or obsess about security. she'll log in with her smile. he'll have his very own personal assistant. and this guy won't just surf the web. he'll touch it. scribble on it. and share it. because these kids will grow up with windows 10. get started today. windows 10. a more human way to do. when you're not confident you have complete visibility into your bus

jim: jason day at the very first. gave us an idea of what might be coming on later in the afternoon. a little harbinger of birdies to come. gave one away, though, at the second. then the third. nick: this was pretty brave at the third. 7-iron. slam. right in there. jim: how many of these shots today are within three feet of the cup? at nine this is really where the streak got going, though. solid. jim: had a two-shot swing with jones, in his own pairing. at the ninth, at 10. nick: perfect. and then 11, three birdie shots. a driver -- perfect shots. a driver then a wedge to here and tracks in a perfect three. jim: this is absolute perfection. at 13. didn't expect this one. nick: this is a twister. up the hill right to left and then back. that is definitely making everything. jim: all these stats here, including proximity to the hole with shots from the fairway. he leads the field this week with shots like that. nick: i should think by quite a few feet. they're on some tearing pace, really. this is major and they're on

shot by jim jones' gunmen. just ahead -- ambush at the airport. >> i looked out the window and i said, they're killing everyone. they're killing everyone. isn't it beautiful when things just come together? build a beautiful website with squarespace. go get help, boy. go get help. go get help! right now! if you're a cat, you ignore people. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. go on kitty, kitty... you can now use freeze it to prevent new purchases on your account in seconds. and once you find it, you can switch it right on again. you're back! freeze it, only from discover. get it at discover.com. devhighest quality,the clinically proven nutrition isn't easy, so at gnc, why do we do it? why do we include key ingredients found in fruits and vegetables to create the world's best multivitamin programs? why do we do over 150 quality checks before putting them on the shelf? well, here's why... ♪ celebrating 80 years of quality life and

jim. that's just incredible. >> is that given where the stock is, is that the lowest ratio that you have had? in other words, this stock seems to be in some ways, some say, jim, it's gigantic. on the operating cash flow basis and a deferred revenue basis the stock is actually less expensive than it's been the last time we talked smr jim, i'm going to leave the stock up to you. i tell you what i focus on, which is, of course, number 1, are customers happy? are they thrilled? we are coming into dream force, are they going to be delighted? number two, we are focused on grow tag top loon. we have talked about that each and every quarter i have been on the show. look at this, jim, we have a clear trajectory to $10 billion and beyond. it's way beyond our expectations. it was only a few years ago, we were talking about the billion dollar sales for year. now we can see hitting that $10 billion number. we will go right through that, too. we're the fastest enterprise software company ever to $7 beco

jim, it is very early. every company is looking how digitizing fundamentally changes their business. for years it, has been a cost center, and now companies are trying to fundamentally redefine how they think about job creation or inclusion or anything that is a priority around the world. it's early but the things that are possible when you expose the value of the data to the customer we believe it could fundamentally change a business and a country and we're at the center of that we're excited about the opportunity. >> you very much are. good to see you, sir, thank you. >> thank you jim. have a great day. >> you too. >> that's ceo of cisco. this was the strongest of the big information technology quarters i've seen so far in 2015. "mad money" is back. ♪ it's a golden opportunity to discover the exhilaration of efficiency. with six models to choose from, there's a lexus hybrid for every driver. ♪ come in to the lexus golden opportunity sales event, where you'll find some of the best offers of the year o

jim in florida, please. jim. >> caller: hi, jim. buy, hold, or sell on raytheon. >> easy one. that's an on the world. raytheon is a buy. and that, ladies and gentlemen, is the conclusion of "the lightning round"! >> "the lightning round" is sponsored by td ameritrade. that updates to all your devices. and you can share it with one click. wow. how do you find the time to do all this? easy. we combined every birthday and holiday into one celebration. (different holidays being shouted) back to work, guys! i love this times of year. for all the confidence you need. td ameritrade. you got this. >>> another hideous day for the averages. time to circle back to powerful secular growth themes that will keep working regardless of what happens with the chinese, the currency, the fed, brings me to charles river labs, provides universities and biopharma businesses with everything they need to discover new drugs and conduct early stage clinical trials including the right kind of lab rats and mice needed and eggs. we spend a lot of time talking about the amazing compounds being developed by

>> well, jim had -- this was jim's second capture, if you will. he had been in captivity for 44 days in libya, and -- which in retrospect was so brief, but at least there his capture was -- had been witnessed by a "new york times" reporter. and we knew he was held by the government. and, thus, the state department took the lead rather clearly in that case. and we were in touch with the state department. actually, it was another person who got him out, but nevertheless, the state department was in touch with us. the second time was very different. because we had no idea who had taken jim. he did not report back to his colleagues on thanksgiving day, and we received a call from another freelancer, who had been awaiting his return, that jim didn't show up. that they had been stopped at gunpoint and captured. so, we -- we didn't know what to do. it was just surreal that this would happen again. and jim was freelance, so he had no organization, if you will, behind him, to come and take care of things, you know, take charge. so, we were frantic, really.

jim: we do. either through the contractors who built them or direct security contracted by fema area announcer: next, a look at nor -- lower ninth ward where the walls were breached. >> going over the industrial canal over to the lower ninth. and over to the left, that is the major break where that new concrete wall is. sort of ground zero. if you recall, there was a barge sitting up in that green space. we talked earlier, mark, about this road clayborn being the dividing line of where the utility services have been provided and where they haven't. on the right side, you will see some travel trailers on private sites because there are utility -- utilities available now. generally on the north side, the utilities are not dependable enough to for travel trailers back in. another debris truck on its way. that is where they are working. they are doing the asbestos removal. a lot of the homes here were built with asbestos shingles. as you know, there is a whole process involved in taking care of hazar

jim: jason day at the very first. gave us an idea of what might be coming on later in the afternoon. a little harbinger of birdies to come. gave one away, though, at the second. then the third. nick: this was pretty brave at the third. 7-iron. the hole back left corner and slam. right in there. jim: how many of these shots today are within three feet of the cup? at nine this is really where the streak got going, though. nick: everything looked so solid. jim: had a two-shot swing with jones, in his own pairing. at the ninth, at 10. nick: perfect. and then 11, three birdie shots. a driver -- perfect shots. a driver then a wedge to here and tracks in a perfect three. jim: this is absolute perfection. at 13. didn't expect this one. nick: this is a twister. up the hill right to left and then back. that is definitely making everything. jim: all these stats here, including proximity to the hole with shots from the fairway. he leads the field this week with shots like that. nick: i should think by quite a few feet. they're on

we talked commodity, jim. we talked china. we haven't talked caterpillar which is a name i believe you revealed publicly pour the first time you were short a couple years ago at our delivering alpha event. are you still short the name? >> we are still short the name. it's down, but not down a lot. it had a run up to 100 and something and roll back over. it's the same problem, scott. it's the commodity super cycle. i would just point out that in 2000, the entire global mining industry spent about $14 billion a year on capital spending, everybody. and in 2012 at the peek, global mining capex was $125 billion. it went up exponentially over those 12 years. caterpillar right at the top of the market. we're going to be working off backlogs of construction, mining, oil and gas for years. this is not a few quarter phenomenon. and i think all the heavy equipment guys are basically going to have the wind in their face for the next handful of years. >> you told us at the very top of the program today that china is much worse than you thi

jim: absolutely. lower commodity prices are good for the 80% of the economy that is not commodity producers. the consumer recovery is very slow. we saw that last week with the employment cost data. but it is happening. tois consistent with a 2% 2.5% economy. tom: it is amazing how jim a coffin -- how jim mccall henan can dojim mccaughan that. brendan: we have given up talking about demand for oil. justyou are saying is, like the dynamics of oil, they are changed and they cannot turn off the faucet. jim: absolutely. copper, all the miners were spending tens of millions of dollars building these big mines. vonnie: what sort of job losses will we see from these commodities? jim: that is an interesting question because the commodity sector has been the negative piece of the u.s. job market. the way i look at it is that the losses precede recovery elsewhere, as commodity users have better times. vonnie: most of it is going to be people living in trailers that are quite happy to up and move the next day. ji

jim: i like that. lemonis: the kitchen got new appliances and new equipment, and we added a new dessert and beverage bar all to enhance the customer experience. we went to work creati a new recipe with fresh ingredients and a homemade crust. it's good. with tammy in charge, the business skyrocketed over 18%. but, more importantly, it went from losing $100,000 a year to making money. woman: i would like a piece of key lime pie. -do you want one, too? -woman #2: yes, please. -woman #3: this is great pie. -man: best key lime pie ever. lemonis: how's this feel to you? tammy: it's awesome. having one job and being able to spend more time with my children, it's unbelievable. [ voice breaking ] i can't. [ laughs ] lemonis: it's been over a year since i made my investment, and, unfortunately, my investment has had to double to over $700,000. the additional monies that i had to put in took care of bills that i didn't know about. they took care of irs payments that were more than i thought they were going to be.

jim: yes. olivia: at what point is that going to, like during the crisis, is that going to bring down business and consumer sentiment as well? jim: to a degree. i think the context in which we view the events of the past, week, two weeks, month is that something returning to normal rather than something abher yebt. financial monetary policy is abearant. what has been unusual is the ie -- ear restability of markets. -- eerie stability of markets. that's kind of the great snooze. ne must ask why markets are so seemingly happy to stagnate. i think this also gets back to monetary policy. when people expect the fed to be there, when that he expect zero percent rates to exist, stop reading the footnotes, stop reading the documents, security analysis falls into disuse. people tend to go for momentum theories of market action. they watch constantly and federal reserve and listen to what it's saying. olivia: if the fed does hold off in september, how do they justify that with an economy that grew 3.7%?

jim: we do. either through the contractors who built them or direct security contracted by fema area announcer: next, a look at nor night -- lower ninth ward where the walls were breached. >> going over the industrial canal over to the lower ninth. and over to the left, that is the major break where that new concrete wall is. sort of ground zero. if you recall, there was a barge sitting up in that green stage -- green space. we talked earlier, mark, about this road clayborn being the dividing line of where the utility services have been provided and where they haven't. on the right side, you will see some travel trailers on private sites because there are utility to -- utilities available now. generally on the north side, the utilities are not dependable enough to for travel trailers back in. another debris truck on its way. that is where they are working. they are doing the asbestos removal. here werehe homes built with asbestos shingles. as you know, there is a whole process involved in taking

>> caller: boo-yah, jim! >> boo-yah, rick. >> caller: if my stock hasn't gone down to the average -- >> you can't. the vast majority -- not just a few times, not just the majority but the vast majority of times we pay up above our basis. well, i've got to tell you. >> boo! >> sell, sell, sell. >> when you see insider buying on a stock that's already had a big run, think to yourself, i might want to be buying here, too. after the break, i'll try to make you even more money. qo:é@d8j8j8j ♪ >>> i've got one more trick to teach you tonight. one more method to my madness. this time i want to talk selling. >> sell, sell, sell. >> which when you buy, the price you buy may be the most important and most undervalued tool in your arsenal. how do you get out before the party ends so you're not one of the last people around to get stuck cleaning up the mess? this is a question that needs to be answered because there's a lot of money to be made owning hot stocks with lots of momentum. hoping you play the momentum game,

jim webb noort problem. the only issue is pro-choice issues, but i think he will come around on that as well. i can honestly say, how in the world someone could support the other extremes in the democratic party, clinton and sanders and webb is a uniter and he would make not just a phenomenal commander-in-chief, but president. looking at bernie sanders on the democratic side, does it make it tough for jim webb with his views to get to the nomination, or even to the cochrane was -- the caucus in iowa? becausei think it does, of money issues. and he spoke to those in regard to the campaign, and the insanity of how much money plays in electability in this era. but i think if he gets his voice out there in c-span and other forms, if the debates come up and they do not dodge him, then he will outshine them come outsmart them, and out of them. because he is not fake. he doesn't have to run with many thing. he is a democrat from virginia right up north of us here. -- asosed president bush i understand it, president

jim gilmore intelligence? turning away from the world of intelligence, donald trump, now,. >> who continues to remain steady at the top of the polls. all right. so what's the latest crazy? >> sadly because president obama has done such a poor job as president you won't see another black president for generations. what did you mean by that? >> yeah what did you mean by that? >> well, i think he has been a very poor president. i think he has done a very poor job as president. >> larry: uh-huh. uh-huh. so what you are saying is every black person gets penalized for one black person's actions? do i really have to explain prejudice 101 to you? >> by your logic i should stop going to the dentist because they all kill lions. instead of the real reason why i stopped, which is because they all have a conspiracy to inject black people with government killing juice. hashtag gkj, look it up. >> for the sake of argument let's assume obama has done a poor job, you are telling me obama's poor presidency disqualifies an entir

jim: in february. this travel trailer park was established for first responders and folks like nate who have to be here to keep the city running a be ready for the next storm or even a rainstorm, to keep it can't out -- pumped out. like you said, we live in able. reporter: nothing happened with your job. you still have your job. >> yes, sir. next month, it will be 20 years on the job. i love what i do. reporter: what is your impression as you drive around the city? >> wow, you know. devastation, man. everything is happening so slow. i can understand. you've got to get the funds and so forth. there is a lot of red tape to get things moving. i guess it will come back pretty soon. me, myself, i already know a couple people who committed suicide already, seeing the devastation of this city, emily displaced everywhere. two of my coworkers that i work with committed suicide. me, i have high spirits, me, myself. i just know things are going to come back your it may be not like it was before. but it will come

so jim reed did not die in vein. >> no. no. >> well, the. >> -- >> i don't feel that this is all in vain. i people i feel it is a step in. >> come by here my lord come by here ♪ >> for me to have been there is a great thing in my life but i know that's not end of the story. >> ♪ come by here o lord come by here ♪ >> that was joan joie chen repo. amelia boynton was 104 years old. >>> coming up, the story of wendell pierce, a new orleans native determined to pick up the piece is after hurricane katrina devastated the area. >>> history hasn't told the whole story, learn more at aljazeera.com/americatonight. >> in our fast forward segment a detention deadline. as violence gripped central america last summer many chose to flee and set their sights on the u.s. that following surge overwhelmed border agents and it strained president obama's border strategy. about 1400 of those who fled are currently in detention facilities. "america tonight's" christof putzel spoke to one mother whose time in detention was marked with diffic

this is what jim wrote for us. i have been at the bookstore and our when i noticed a vaguely familiar face approaching the signing table. the president of the barnum funeral home, one of the oldest and largest black owned businesses in town. i had spoken with her several years before and all those she is not mentioned by name she is closely connected to this events, her family provides the funeral they were met by out mom in 1964. and face the scoring, the same sort of daily harassment and others to put up with, she stuck it out and graduated in 1969. had sheet gone up half a dozen copies of this book and given them to our children, to know that they would remember where they come from. and then asked whether any graduates had apologized to her for the way she is the views. a woman came back one time and said they hadn't believe how they acted toward us, it is a shame could have been friends under other circumstances. did she apologized? not really. people around town, i wondered if it still occurred. not a month g

i'm jim axelrod. at a gas station 26 miles northwest of downtown houston, a sheriff's deputy named darren goforth was shot and killed last night. the sheriff called it a cold-blooded execution, and the district attorney warned against "open warfare declared on law enforcement." tonight, a 30-year-old man named shannon j. miles has been arrestd and charged with capital murder. meg oliver has more. >> reporter: the arrest came less than 24 hours after the shooting. sheriff ron hickman says there was no clear motive. >> our assumption is he was a target because he wore a uniform. >> reporter: police say the atrocious attack happened fridays night under the bright lights of this gas station in houston. sheriff deputy thomas gilliland: >> the male suspect came up behind the deputy and shot the deputy multiple times. the deputy then fell to the ground. the suspect then continued over to him and shot the deputy again multiple times as he laid on the ground. >> reporter: 47-year-old harris county deputy darre

jim: it is certainly possible. my guess is -- i have been expecting a full correction for some time. i think this s&p 500 might find itself in the 1800's at some point. low, youf it finds a will see a lot of people buying on the dip. it has been a popular approach. it has worked well for three years. i think you will see that. the issue would be if the buyers by on the dip and it fails again, there could be more panic on the secondary fail. i think we are headed in that direction. whether we do that in september, i don't know. if we get around 1900 with earnings next year of $120, there's good support around 16 times earnings. that would be about where it would come in at. i would not be surprised. i think we are overflowing the commodity collapse. i think we are closer to the end blowoffand an emotional than anything else. i would expect global growth will bounce on the backdrop of considerable stimulus applied for lower yields, lower energy costs, weaker currencies. i think we get a global bounce more likely than

i'm jim axelrod. we begin tonight in france with a story that sound like something out of a hollywood thriller that stars three very we'll american heroes. one is an air force airman, another an army national guards man and a third is a pal from california they were traveling with on a train from anthony amm to paris. that's when the three americans jumped into action. charlie d'agata picks up the story. >> reporter: video that appears to be shot inside the train shows the suspect face down and tied up. you can see a rifle he was carrying and one of the american men who brought him down after seeing a french passenger first confront the gunman, 22-year-old national guardsman alek skarlatos and his two friends moved in. >> i saw a guy entering the train with an a.k. and a handgun, and i just looked over at spencer and said, "let's go, go." and he jumped up, and i followed behind him by about three seconds. >> reporter: u.s. air force airman first class stone tackled the gunman, and skarlatos knocked hi

, jim, jim, jim, jim, jim, jim. [laughter] come on, now. the first thing you said is, race matters. and then you tell me you wouldn't talk to him about it. what's going on here? it does matter, right? but you can't have a conversation with a potential employee who's black--you can't discuss it with him. >> no, no, i didn't say that. >> ogletree: well, let me-- >> jim, as your lawyer, i would suggest that you consult with the e.e.o.c. guidelines on interviewing before you answer that question. >> ogletree: it's too late; it's on tape. [laughter] but talk to craig. i mean, the point is that craig has great potential. i understand his father's connections, but i'm going to put that aside. but you have an issue. you don't have a staff that reflects the city's diversity. that's a fact. craig, talk to him, and ask him if your race matters. he's very interested. talk to him. >> i'm really interested in the paper. i've had a long interest in journalism. one of my concerns is, do you have any other black reporters working on

how about jim in delaware, please. jim? >> jim, thanks for taking my call. my question is relative to twitter. with all the publicity over the last couple of weeks as far as somebody buying twitter, what do you recommend as far as getting them to the stock now? >> i think you have to find a way to read rob peck's trust in suntrust. he wrote a very compelling piece today about how twitter has bottomed and i think my charitable trust felt much better after i read his report because he's so thoughtful. i think it's okay and obviously the stock can head back to the mid-20s, but twitter off the sell list. i would not sell it, my charitable trust would not sell it. even the stocks are just not appealing and there is always a bull market out there, and i'm here to help you find it, but sometimes it's pretty nasty and hard. watch more "mad money" ahead including the stock operating on the averages and i'll tell you if it's worth owning and you have got to listen to this. >> icahn made a bet on sheer energy. should you? i'm sitting down with the ceo and your calls ar

i'm jim cramer. i will see you tomorrow. lemonis: tonight on "the profit," greenville, south carolina, is home to west end coffee... ...a regional roaster with great product... that's pretty awesome. ...but even better margins. -we sell it for how much? -john: $48. lemonis: that margin's killer. co-owners are living proof that you should never mix business with pleasure. john: [bleep] you're horrible at doing the right things until you're forced to do it. lemonis: i not only have to put the right process in place... you made a huge inventory mistake. ...i have to figure out a way for the owners to coexist. you're so busy fighting that you're not busy selling. if not, west end coffee will grind to a halt. all right. rookie mistake. my name is marcus lemonis, and i fix failing businesses.

ken in texas. >> jim. you deserve a huge thank you for everything you and the team have done for us this week. you came out, gave us masters. no excuses, no half waving, thank you. >> it's been hard. you will miss some. i am trying to get it so people use declines to buy the stocks of companies they like at the prices they'd like to have them. so how can i help you? >> it's been my best week all year. the devaluation of the chinese yuan and move to allow the value to float in the market has been front and center. china worked long and hard to have the yuan in their currency. i heard them talk and main stream media regarding the state of intentions, to consume this matter in an upcoming october meeting. when the yuan is added at reserve currency, how that will affect the value of the u.s. dollar and the transaction. >> you know one of the things that's happened, sir, ken, is i think a lot of people fear there will be another devaluation in the interim. let's not put the cart before the horse and see what ha

i'm jim axelrod in new york. for all of us here in cbs news, thanks for joining us and good night. >>> i'm grateful for my wife. it's just such a blessing when you can honor each other. he hypocrisy of this. >> what the family's activist says about the second life. >> a sociopath >> t >> will she stand next to the cheating man? >> megan fox files for divorce. inside the papers. >> no intimacy whatsoever. >>.y have been split for months now. >> blake and miranda, what the man 2349 middle told us. >> i feel i have to say something about it. >>> also ten the years after katrina, our look back with brad pitt building houses for the homeless. >> in the tragedy, we he most vulnerable. [000:29:56;00]

jim: i agree with you. i sort of think sometimes america in 1908 as being an -- itcent, having these is not quite the same thing you are saying. america was a growing country. now we are in middle-aged country. our infrastructure is crumbling. the bridges and skyscrapers are up. so many of the things america was striving towards they have got. .e have more to fear now more to fear in part because those glorious inventions from the early part of the century is part of what we were afraid of now. nobody was afraid of technology in 19 await. people were terrified of automobiles. that they were going to get mowed down. but they didn't seem larger implications of global warming. the only pollution concern was that people thought they helped collusion because they got horses out of the cities. 120,000 horses in new york and each one with a daily deposit of 22 pounds or so and this would dry up and go into the air and it was presumed to cause disease. automobiles will solve the problem of air pollution forever. [l

>> caller: hi jim. thanks for taking my call, and i would preesh appreciate your thoughts on memorylink. >> even if it has good yield and that's why i like brixmor. how about jerry in virginia, jerry? >> caller: st. thomas virgin islands. >> i'm sorry. nicer place. what's up? >> caller: boo-yah. your position on biopharma, buy, sell or hold? >> i have to do more work on er a. i haven't looked at it on a long time and they're so crazy. you have to stay up on them. >> wes in illinois. wes? >> boo-yah from washington illinois! >> ooh, nice! >> caller: what do you think about marriott? >> it is way oversold especially with gasoline coming down. how about richard in pennsylvania? richard! >> caller: leigh, jim. great to talk to you. >> thank you. >> caller: i want to thank you first of all for the profits i've made to merchant airlines chipotle panera raytheon and skyworks. >> holy cow! thank you! >> caller: yeah. tonight i want to ask you, last week i bought annbarillo and it's down to 113. it is a very err

let me go back to jim cavanaugh. jim, are you there? again, right now, obviously, ladies and gentlemen at home, this is a very fluid situation, but let me tell you what we know at this point. just within the last few minutes, we received a confirmation of the identity of the man in that still image that you've been looking at now all morning long. his name is vester lee flanagan ii. he's 41 years old. he has been described as a disgruntled employee at wdbj, channel 7, which is where the reporter alison parker and photographer adam ward worked. they are the two people who were gunned down during a live broadcast of the news. right now we've learned that alison parker's fiance, chris hurst, is also an anchor at that very same station. he has taken to social media to express his obvious grief, and he says i'm comforted by everyone at wdbj 7. we are family. she worked with adam every day. they were a team. i'm heartbroken for his fiancee, as we've been told the photographer adam's fiancee was a producer at the television station, was in the

jim: i like bonds. pimm: what kind? corporate bonds? jim: treasury bonds. the risk off trade has another leg down. treasuries were a tremendous performer last year and are outperforming this year. they had outperformed stocks for 18 years in a row, the last 18 years cumulatively. pimm: where in the yield curve? jim: grand of the yield curve. i think we might hit a bout of instability. it world economies are slowing, whether it is japan, china or europe. that combined with yields in europe pushing money out of here pushes our rates down. i don't think we're done going down yet. i know everybody else thinks that but i will take the contrarian view that rates are going to head lower. betty: are you staying away from commodities too? jim: commodities are a measure haverld demand or you negative gdp in japan, port numbers out of europe. china is saying they are growing at 7% come but nobody believes it. if they are going out less -- if they are growing at less than 26%, that would be a low. maybe some commodities are ahead of the curve, crude oil has got a way t

so during jim crow, that was anticipation, that was a disruption. i think now president obama, himself embodies breach and etiquette. i think the demographic shift is a breach. that is the numbers where they are changing. >> reporter: by some estimates. half of the children are not white. they are making progress. >> what does it mean to be black in merge? >> that's a difficult question. it means one thing. there isn't a single answer. we are sitting and having this conversation in a harvard classroom under presidency of a black president. every day there's a hashtag. somebody else has been killed, died in police custody under circumstances. what does that mean, how do we move into this ring, this next tree's growth ring. how do we change what is happening. how do we change it so the talk changes, evolves, so there isn't a talk, to parents are not having to prepare their son for death >>> the vast majority of american interactions with law enforcement do not result in death. and don't often involve violence, did you get a sense that the talk is perv

linda in new york, linda. >> hi, jim. i appreciate everything that you do. >> thank you. >> my question is about recepto. i have shares and received an offer for 232 a share. do i take the cash or invest it in the new parent company celgene. >> take the cash and look at the sa situation and look at it as we go lower. i am a believer in a 2011 thesis which is a period where we still have more down side but you don't know where the exact bottom is going to be. that's a theme for me and you'll be able to apply that money in as you go. tomorrow and congratulations. sure we rebounded but you know what, we didn't hold. i'm on high alert. be wary of the fed and keep a close eye on housing. a lot of names looked less terrible today. but i have a list of stocks that you need to get out of. and then these ulcer inducing market swings aren't the most enjoyable evidents but they can teach us a thing or two. have the lessons that can help keep you out of the house of pain. plus fall is around the corner. and that could be a real bless

here's cecily tynan. >> jim it's going to be a gorgeous weekend. about as nice as you can get for august weather. storm tracker6 live double scan showing that we are dry finally this afternoon the lingering showers moved off the coast and the action cam was taking a look in longport, new jersey, where you can see surf is up. if you're a boater bear in mind that we do have small craft advisories in effect for the delaware and jersey coasts into tomorrow night. we're looking at wind gusts up to about 25 knots that's 28 miles per hour and the waves could be up to about 5 feet thanks to a storm system off shore that could cause a few problems as well as rip currents. temperature-wise feels really nice. 85 degrees in philadelphia down from a high of 87 which is just 1 degree above the average high for this time of the year. allentown 80. trenton 82. millville 81 and a little bit cooler down the shore avalon and the boardwalk currently 75 degrees. and dewpoints are pretty low. this time of the year you get dewpoints below 60 degrees it's a very dry air m

you on this "jim gaffigan show", you've known jim for 20 years. is that correct? >> yeah. i've known him for a long, long time. >> seth: and on the show -- >> i've known him since there was less jim gaffigan to know. >> seth: oh, so there's been more, he's added on. >> oh, yeah. >> seth: yeah. we all have in the last 20 years. >> no, mostly him. [ laughter ] >> seth: you guys have an antagonistic relationship on the show, and then based on what you just said i'm assuming that might come from real life as well? >> yeah a little bit. [ laughter ] >> seth: is it fun to work with somebody you've known that long? >> oh, it's the best. i mean, you know, you spend 12 years working with friends. >> seth: of course. >> there's nothing more fun than working with people you enjoy working with. >> seth: jim was on the show. he has five kids, he sort of talked about them when he was here. you have two kids, and you've recently discovered that you are not -- there are certain things you're not capable of anymore. >> well, yeah. [ light laughter ] so, like you said, i've got these two ki

ceo of hain celestial thank you for talking about the stock. >> thank you, jim. >> stick with jim. ♪ all right, remember what you need to see the sothe stock mar need a weaker dollar and china being stronger and interest rates going down and oil going up. all for the grand slam, and you get a higher market. only three, hm-mm, like you say, there's a bull market somewhere, i promise to find it just for you. right here on "mad money." i'm jim cramer and i will see you tomorrow. (male narrator) tonight on the west texas investors club... (rooster) we've got you set up to cook for 100 people. huh? [upbeat music] (rooster) it's a test of his sauce, yes, but it's mainly a test of old jack himself. [coughs] (desiree) future college fund is a way to crowdfund your kids' college education. (rooster) how much dollars have you generated? about 1,300. this is tough. (male narrator) deep in the heart of texas, two men carved a fortune from a harsh and unforgiving land: butch gilliam and rooster mcconaughey. (rooster) butch and i have actually done it all. drilling oil wells... a cattle business..

caroline: jim, do you agree? jim: i find it absurd to be complete honest. they're letting the market set the rate. that is what the imf is insisting on for years. the u.s. government has been insisting for years that they let the market determine it. now they are doing it. has japan been devaluing question mark has euro been devaluing? i don't quite understand these terms, i have been investing in currencies or decades. i never heard such absurd talk. it is would argue that loosening the value of both the yen and the euro to allow those economies to do recovery. and the question is, the whole world can not devalue. and that is what in my view is weighing on sentiment across the market. and if china is going to have that as a core tenet of their economic policy, there are worries to eurozone policymakers. and i would be worried fire in japan. jim: that is a different point. a very good point, i cannot bear what the japanese are doing. he is destroying the currency, ashas said he will spend much money as he has to in order to drive down the value of the yen.