library. there were at least 11 removals from those other two vehicles to several different hospitals. seven of those victims were children, two later died. the suspect is in custody. two police officers suffered minor injuries. all of this coming less than a month after that mass shooting in dayton that killed nine people. to business now. company executives are cashing in their stock as doubts grow about the longest bull market in american history. so-called corporate insiders selling an average of $600 million of stock per day this month, that s according to trim tabs investment research. august on track to be the fifth month this year wherein sierd selling tops $10 billion. last time that happened 2006-2007 before the financial crisis. insider buying and selling is a proxy for confidence. the increase in insider selling stock suggests concern about challenges ahead, notably
delve into regulatory approval of a commercial airliner. separately, the black boxes are revealing some initial filings point to similarities between the ethiopian crash and lion air crash the day before. the mcas system lower the pitch in the stall. turned on. force the nose down just in the lion air crash. but in the lion air crash, we also know that the mas was acting on bad data from a malfunctions sensor indicates the plane s pitch and angle of attack. boeing s ceo says boeing is finalizing development of update in response to erroneous sensor inputs. pilot training may also prove to be a contributory cause. the mcs system is easily turned off with two switches on the center son sole by the pilot s thigh. turning it off would have set the flaps and trim tabs to a normal position. the first officer on the
i had my flat shoes on. there you go. what a powerful voice with a great presence. absolutely. that was fun. so that s good. the real president obama, you are welcome here any time. and you re welcome to stay at the muse. now, to your headlines. busy day at the united nations. palestinian president abbas is moving forward with his campaign to get palestine full u.n. membership. he has meetings today with french president nicolas sarkozy and the president of lebanon. now, president obama also in town, he will be meeting with the head of libya s transitional council as well as leaders from afghanistan, turkey and brazil but not abbas. a 10th person has died following that air race crash in reno. at least six of the injured are still in the hospital including one who is in critical condition. the investigation continues into what caused the plane to slam into the ground. the ntsb is looking at the tail of the plane. it appears from pictures and videos a piece of it was missing
damage to the trim system on the elevator, there s a high probability that the pilot may not have been in control of the airplane throughout that event just because of the excessive g-forces and the possibility that he may have blacked out or been knocked out because of the violent maneuver. okay, trim system. what s that? the trim system in this case that s at question right now, is a tab. there s actually two of them on this particular airplane. they re mounted on the elevator. when the airplane is flying there s aerodynamic forces that are transmitted back into the control stick. the pilot can trim out those aerodynamic forces so it s not so hard to move the elevator or the rudder. they use these trim tabs. the problem is if this trim tab, as it did in the picture, comes off, it could cause the elevator to start moving uncommanded during the course of it breaking off. and the pilot may not be able to
as all of our viewers know, government spending is always a concern of jack cafferty. he s here and has the cafferty file. americans have become alarming dependant on handouts from uncle sam, according to a new study. government welfare programs like social security, medicare, medicare, unemployment insurance, made up 35% of all public and private wages and salaries last year. more than one-third of all the money americans earn. these findings are contained in a study of government data done by trim tabs investment research. in 2000, 21% of all wages and salaries in the united states came from social welfare programs. in 1960, 10%. one of the economists at trim tab says that we are in for some difficult times ahead unless this country can get back to at least the 26% level it had before this big recession started. and she says there s only two ways to do that, either increase