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Hits & Misses: 7/14/12

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    A big miss for medical study on sitting

  • Duration 1:28
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Time now for our hits and misses of the week -- I'm -- -- -- -- Gary Gensler the federal regulator in charge of the commodities future trading commission.

The CFTC missed eight more than billion dollar fraud it and that's -- or we think it's a broad.

-- now they're missing another one at peregrine financial group that company that lost more than 200 million dollars in customer money.

It's a good reminder that the US doesn't necessarily need more regulation it needs smarter more accountable regulators and even then.

They're not -- -- hot going to catch every crime investors where all right thanks to him.

Well all -- big missed all of us were the subject -- medical study this week which said that people who sit for three hours a week are cutting two years off their lives I mean.

Just two years -- -- this is horrifying I'm not sure I believe it I think we need to verify it I think we should transfer some of the money in global warming studies to get to the bottom of this study.

All right Mary.

It's the myths for Harry Reid who this week said that we should.

Burn the Olympic.

US Olympic uniforms because they were made in China.

-- news flash for Harry Reid economics is the allocation of scarce resource is now being in government he doesn't understand that but for the rest of the world.

You know this this is something that we have to pay attention to and by the way John Boehner -- that share the mess because he also complained about the house are Republican speaker and remember if you --