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Hard look at this. if we lose more jobs and companies lose more money we'll have even more jobs lost, don't you think? >> i absolutely agree. that's why i think the entire system needs to be overhauled jamie. >> jamie: thank you, tracy for your side of it. and the president vocal about his view as well and our viewers can certainly decide. thank you. >> another thing that americans find out there, what they're paying for gas. sticker shock the name of the game this weekend and according to triple-a, the national average price for a gallon of gas, 3.82 a gallon and stayed-wide averages above th...

In today's tech watch, it's a new chapter in the power of the e-reader. for the first time, ebook sales have surpassed all others. that means hard covers and paperbacks out there. the association of american publishers say ebook sales amounted to $93.1 million. a key new number showing americans are paying more for gas and food. the consumer price index is at its highest level in more than two years, now 2.7%. how high will the gas and food prices go? joining me now msnbc financial analyst vera gibbons. >> gas is $3.82 a gallon. $4.00 a gallon has to be coming soon. >> in new york and d.c. w...

Pushes off to the east. another radar showing rainfall and intensity of the cells rolling through the atlanta area here tonight and in through tomorrow morning. the back side of this, other areas, fire danger. dealing with for weeks across parts of northern texas. looking for winds gusting behind the system 20 to 30 miles an hour. that's certainly not going to help the situation. this storm rolls northeast tomorrow, suzanne. by then a much weaker system with punch in it for the folks in more highly populated cities tomorrow afternoon and tomorrow night. >> thank you. the way gas prices keep ...

And there's plenty of pain to go around. i know. a year ago the national average was $2.86 is gallon. today, aaa says it's $3.82 a gallon on average. and the summer travel season, weeks away now. there is so much pain at pump, president obama can't ignore it. >> i understand how big of a strain this is on family budgets, and, you know, already we've got about $3.85, close to $4. that's -- that's tough. you know, if you've got to drive to work every day and you don't have an option in terms of the car that you're driving, and it's taking more and more out of your budget, that's a problem. >> ok...

Iraqi father accused of murdering his daughter in a hit and run honor killing faces a judge for sentencing. gas praises $3.82 and rising. cnn is looking why it's expen expensive and what you can do to ease the pain. how about a little black box that turns water into fuel. put it in your car and watch the mileage go through the roof. robert guile said the device he invented can do that. okay, robert, i'm skeptical. how does it work? >> good morning. what it is, it's basic electrolysis, something we all learned in high school chemistry, using distilled water base and through electrolysis, turn...