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On different names at different times. Now the 21st century it is calling itself the tea party. The government is not us. You get into all kinds of conflict now, i dont want the federal government to take away my medicare,. The if youre looking for the origins, last. Last question were out of time. At the beginning of the talk you said the topics discussing today came from a great political party, what will it take the country to see that class of leaders ever again question work. Impossible to answer that question. I would say theres only one crisis that have the potential to generate that ki...

He was read the charges against him and then released on bond. He burfoot was in front of a judge. He was read the charges against him and then released on bond. He had turned himself in the us marshals earlier in the day. Here is some video of burfoot coming out court. He is facing charges of that he was involved in a scheme to defraud the citizens of norfolk of their right to honest services. The charges stem from when burfoot was vice mayor on city council and spilled over to the treasurers office. One indictment alleges that over a period of years, burfoot solicited things of value includi...

Money eventhough tivest wasnt licensed to do the work. Indictment burfoot manipulated a filing deadline in favor of tivest for work in the Broad Creek Villas Development where he now owns a home. The feds also bring up the controversial midtown Office Tower Development project where burfoot got 50,000 in cash and other gifts to show favor to tivest with that development and then voted to approve the project for tivest. He also tried to conceal the scene. At another hearing for another project burfoot was asked udner oath mr. Burfoot have you ever solicited anything fo value in exchange for an ...

All those clouds that have been hanging around the past few days will finally bring us some wet weather this weekend. The trade off warmer temperatures after a few evening showers on friday, most of saturday is looking dry. Expect to wake up to mostly cloudy skies with temperatures in the mid 40s. But we will warm up into the upper 50s to around 60 in the afternoon. A few showers are possible before sunset, but it looks like the bulk of the rain will be moving in late saturday night and into the first part of sunday as an area of low pressure rolls up the coast. You may even be awakened by a s...

Youre watching Market Makers here on bloomberg television. Friday in new york city. Im eric schatz sker. Im stephanie ruhle. This bill gross news is huge. No other way to describe it. An earthquake hit the bond market this morning. The bond king himself, bill gross, is leaving pimco, the Money Management powerhouse he cofounded which turned him into a billionaire. Hes moving to january us in Janus Capital to work for his former colleague. Pimco said fundamental differences led to the departure. Gross says he wanted to spend more of his time managing client assets. Bill powers is a former pimco...