erin, first to you. from the economic experts you're talking to, i take it this was the right move, but it was an act of desperation. >> i think that's the right way to characterize it. the markets rejoiced. that's a big jump and puts the market solidly above 12,000. that's good news. i will say this, wolf. in talking to some investors, i talked to some people at pimco, the largest bond investor in america, they said the issue here is it's down the line when you start to wonder what happens. what the fed is doing is providing money for european banks who aren't able to get dollars other places. what the fed does is essentially print more dollars. a dollar's a dollar. whether in japan, kazakhstan or mexico. so, we are inflating the value of the u.s. currency to deal with the european crisis. for now, a good thing, but that could carry a heavy price down the road. >> richard, you're in london. what's been the reaction there? do they believe this will revolve the crisis? >> this is got nothing to do with re

live in london, erin mclaughlin. what are people protesting there, erin? >> reporter: to let you know where i am, outside st. thomas' hospital in london where some of the 400,000 public sector workers on strike have turned up to picket today. at the center of all this are the public sector pensions. put simply, government workers want public sector -- i'm sorry. government officials want public sector workers to contribute more to their pension and work for longer. with me is chris remington a union leader. chris har chris, what has brought you out here today? pensions decimated under these proposals. we will see how working life extended, benefits reduced. we will see -- two major -- the pension, does not go back into this, but into the treasury. we've been maligned by these proposals. >> reporter: how has this affected the strike today? >> every hospital entrance restricteded. we have got all in-patient sections reduced. anything non-emergency has been reduced even though we work very hard to make sure emergency and emergency coverage is available for pa

a connecticut judge has agreed to extradite erin thomas to prince william county. he was arrested in march. he is a suspect in attacks of women over the span of a decade. six rapes in virginia alone. >>> the d.c. council is holding a hearing on a bill that would permanently end the practice of arresting drivers for expired license plates. the new bill would impose a $100 fine for tags expired less than 30 days and a $200 fine and vehicle impounding for over 30 days of expired tags. >>> cab drivers could be cashing in big time at your expense. the cab commission is look into an increase that would nearly double the rate a mile. a vote could come on the issue today. >>> dale hunter faces his first test as the coach of the capitals tonight. it's a home game against the st. louis blues. the caps fired bruce boudreau. in spite a record winning start to the season, the caps faltered in recent weeks. the cap's general manager said bruce boudreau had to go after the players stopped responding to him. we have reaction from some of the caps stars now. >> he is a legend here.

. >>> erin, thanks. good evening. we begin with breaking news. new explosive sexual allegations against gop presidential hopeful herman cain. these do not involve allegations of inappropriate contact or harassment. they're allegations of a consensual affair. an atlanta businesswoman claims she had an affair with cain that lasted 13 years, an affair that only ended some eight months ago when he began running for president. here's what ginger white told waga, an atlanta television station about the alleged affair. >> it was pretty simple. it wasn't complicated. i was aware that he was married, and i was also aware that i was involved in a very inappropriate situation, relationship. >> ginger white on the affair she claims she had with herman cain. she also showed waga cell phone records showing 61 calls for tex messages she claimed were from cain's private cell phone. >> we've never worked together, and i can't imagine anyone phoning or texting me for the last 2 1/2 years just because. >> cain upstaged his accuser's announcement when he appeared on

erin burnett "outfront" is coming up at the top of the hour. she is here to give us her take of the start of the holiday season. with all these bargains, everybody gets in early, and pull back. the markets sure liked it today. >> the market sure did. nearly 300 points higher and that was the reason. there's been so much doom and gloom. and a lot of the punditry is saying we'll have a double dip recession. even though a lot of the business executives around the country did not see it coming, it still surprised the markets when we saw this. when you give the numbers for what we saw over the week, the $52 billion, it is 16% higher than a year ago. a big jump. the big question to your point will be whether a lot of that was just people who said, hey, look. things are cheap. things are on sale. i get it. i'll front load my spending. the overall might not be as strong. it was nearly four 00 on average spent this weekend which is a big total. it could show more strength than people think and on the same day we found out that debt in america, the avera

john king today down in south carolina will have gingrich and, of course, jon huntsman on "erin burn net." >> paul steinhauser. busy month for you. that interview will be in south carolina with john. what he needs to do to maintain his momentum as poll numbers rise and picks up the endorsement of that largest newspaper in new hampshire. tonight 6:00 eastern. make sure you catch that. >>> 41 after the hour. a check of what's coming up at the top of the hour on "american morning." alina cho joins us. good morning. >> hey there, christine. welcome back, by the way. coming up in 20 minutes, bizarre twist in the syracuse child sex abuse case. they fired bernie fine after a phone conversation revealed his wife knew about the allegations. we're going to ask john wertheim about this new evidence and what it could mean for syracuse's legendary head coach who fishily defended bernie fine. >>> prince william, not just second in line to the throne but saves lives too. the royal air force pilot rescued two russians from their ship in sinking waters. a live report from london where you can imagine

this morning you'll find her speaking her mind to erin moriarty. ♪ come with me > ellen barkin has made a name for herself playing a certain type of sexy "in your face" broad, a broad who at first was told she wasn't leading-lady material. that didn't discourage you? >> no. tenacious. i'd say really? i can't do that girl? really? not sexy? not pretty? okay. >> reporter: ellen barkin, coming up on sunday morning. >> osgood: we all want a little wiggle room in our daily lives. this morning our martha teichner has found some. >> reporter: jurassic park demonstrated the seismic properties of jello. but we'd like to show you gelatin as you've never seen it before. this is all jello? >> we've made pancakes with syrup and some eggs. >> reporter: by now you must be positively quivering with anticipation. jello, later this sunday morning. >> osgood: seth doane guides us through a world famous exhibit of art in venice. dave edelstein checks out some holiday movies. ben design has some thoughts about what is happening or what is not happening in washington. and more. but first here are the headlin

. >> medic and staff sergeant aaron gibson erin gibson is a 4'11 mom from ohio nicknamed mini mic. shs been twice to iraq, once to egypt and now twice to afghanistan. her parents take care of her ten-year-old son elijah. does he understand why mommy's away? >> well, this is number five for me so i think he has come to understanding of why i'm doing what i'm doing. we meet people on some of their worst days and our job when that happens is to try to keep their worst day from being their last day. >> rose: jake tapper joins me now from washington. welcome. >> thanks, charlie. >> re: tell me about how this project came around for you. what was it about the story that made you want to tell it. >> rose: i've been standing here on the north lawn of the white house since january, 2009, talking about afghanistan and the war in afghanistan and i was really curious as to what it actually looked like. i had an occasion to go there for a few hours with president obama about a year ago but we were in bagram and a hangar and we were there just if ar few hours in and out. i didn't get a sense of

erin? >> thank you. and now to libya where the international chief prosecutor announced libya could prosecute saif gadhafi. that is, of course, moammar qaddafi's son. they reversed course to try him. why did the icc back down on this demand? >> erin, icc chief prosecutor campo says they are not in competition with libyan authorities. their goals, he says, is to see saif gadhafi face justice. it would be good for the libyans who have the rights to take over the case. but first, they have to prove they have a genuine case against him and that their proceedings would meet icc standards, then the court would grant them the right to hold this trial on libyan soil. erin? >>> she was the best liar i've ever seen. >> was it imperfect justice? or was there reasonable doubt? that's what we're left with after casey anthony was found not guilty. of the 2008 murder of her 2 year-old daughter, caylee. former assistant attorney jeff ashton was part of a team that prosecuted anthony this summer. revealing new details ab

. >> medic and staff sergeant aaron gibson erin gibson is a 4'11 mom from ohio nicknamed mini mic. shs been twice to iraq, once to egypt and now twice to afghanistan. her parents take care of her ten-year-old son elijah. does he understand why mommy's away? >> well, this is number five for me so i think he has come to understanding of why i'm doing what i'm doing. we meet people on some of their worst days and our job when that happens is to try to keep their worst day from being their last day. >> rose: jake tapper joins me now from washington. welcome. >> thanks, charlie. >> re: tell me about how this project came around for you. what was it about the story that made you want to tell it. >> rose: i've been standing here on the north lawn of the white house since january, 2009, talking about afghanistan and the war in afghanistan and i was really curious as to what it actually looked like. i had an occasion to go there for a few hours with president obama about a year ago but we were in bagram and a hangar and we were there just if ar few hos in and out i di't g a sensof thear, i

erin? >> thank you. and now to libya where the international chief prosecutor announced libya could prosecute saif gadhafi. that is, of course, moammar qaddafi's son. they reversed course to try him. why did the icc back down on this demand? >> erin, icc chief prosecutor campo says they are not in competition with libyan authorities. their goals, he says, is to see saif gadhafi face justice. it would be good for the libyans who have the rights to take over the case. but first, they have to prove they have a genuine case against him and that their proceedings would meet icc standards, then the court would grant them the right to hold this trial on libyan soil. erin? >>> she was the best liar i've ever seen. >> was it imperfect justice? or was there reasonable doubt? that's what we're left with after casey anthony was found not guilty. of the 2008 murder of her 2 #-year-old daughter, caylee. former assistant attorney jeff ashton was part of a team that prosecuted anthony this summer. revealing new details

thank you very much for having me, erin. >> all right. her son derrick in jail in cairo tonight. >>> the global arms trade has been shrouded in secrecy, there are a lot of back room deals, and that's not the movies. that is real life. and some of it now coming to light. andrew feinstein just wrote a book called "the shadow world: inside the global arms trade." what really goes on. you may not be surprised, there's a lot of hypocrisy and there's americans in there. i spoke to him earlier and asked him how big of a player america is in the global arms trade. >> the u.s. spends almost as much as the rest of the world combined on wes and trades almost as much as the rest of the world combined on weaponry. this is the big player. >> and now i would imagine one of the places you're seeing a whole lot of build-up, aided, abetted by the united states would be the middle east. >> absolutely. the u.s. is about to sell $60 billion worth of weapons to saudi arabia. the saudis having been involved in the biggest ever arms deal where 48 billion british

joining me donna brazile, ari fleischer, dana loesch, erin burnett. david gergen, the patriot act, conservative libertarian split that has existed since this was passed right after 9/11 came out in full force tonight however. >> absolutely. ron paul, i should tell you, john, he continues to speak well for the libertarians and you can see him on twitter, they're cheering him on because they thought he was strong tonight. but at the same time, i think when newt gingrich came back, as did mitt romney, they really speak for the majority of the republican party. a much stronger patriot act would be tough on terrorism, the war continues from their point of view. >> that's a question that essentially puts the legacy of the president you worked for in question, you want to continue in strength under the policies put in by bush or as congressman paul says walk way from it? >> it is 8% to 10% group that follows ron paul on this earn. i remember this, arlen specter, former prosecutor, senator from pennsylvania, sat in a meeting with bush that bin laden has been

joining me donna brazile, ari fleischer, dana lohse, erin burnett. david gergen, the patriot act, conservative libertarian split that hasekisted since this was passed right after 9/11 came out in full force tonight however. >> absolutely. ron paul, i should tell you, john, he continues to speak well for the libertarians and you can see him on twitter, they're cheering him on because they thought he was strong tonight. but at the same time, i think when newt gingrich came back, as did mitt romney, they really speak for the majority of the republican party. a much stronger patriot act would be tough on terrorism, the war continues from their point of view. >> that's a question that essentially puts the legacy of the president wyou worked for i question, you want to continue in strength under the policies put in by bush or as congressman paul says walk way from it? >> it is 8% to 10% group that follows ron paul on this earn. i remember this, arlen specter, former prosecutor, senator from pennsylvania, sat in a meeting with bush that bin laden has been i

he got a call in to cnn erin burnett last night. >> we put things on the table that were very difficult for us. i had thousands of people demonstrate against me for the things we put on there. but we also put 1.2 trillion of additional revenue. they said, no, that's too much. then it turned out that a trillion was too much. 900 was too much, 600 was too much. 250 was too much. we wound up not being able to get this because they wanted to know that the tax cut for the wealthiest people in the country was going to be made permanent, protected. and we just couldn't do that in good conscience. >> an angry john kerry there. we'll have senator jeff sessions from the republican side of the hour respond to that later in the show. we'll be right back. mary? what are you doing here? it's megan. i'm getting new insurance. marjorie, you've had a policy with us for three years. it's been five years. five years. well, progressive gives megan discounts that you guys didn't. paperless, safe driver, and i get great service. meredith, what's shakin', bacon? they'll figure it out. getting you the discount

but senator john kerry did call in to "out front" with erin burnett last night. listen. >> what didn't happen is the job didn't get done for the united states of america because what was the deficit reduction committee became a tax cutting committee. and we got totally hung up by people who were insisting that not only could they not raise any additional revenue from the wealthiest people in the world, but they wanted to give them an additional tax cut. i mean this is insanity. and what we couldn't get passed them was their resistance to doing anything. we had $1.3 trillion in cuts on the table. we put serious things on the table that we were very, very, you know, very difficult for us. i had thousands of people that are demonstrating against me for the things we put on there. but we also put $1.3 trillion of additional revenue. they should know that is too much. and then it turned out that a trillion was too much, 900 was too much, 600 was too much. 250 was too much. i mean we wound up not being automobile to get thable to get because they wanted to know that th

the problem is we're still seeing some reports of visibility issues coming out of eastern and south erin parts of england. 2.4 kilometers out of london. the problem is, you get this marine layer out there. this is what happens this time of year. autumn and early winter, you see fog popping up. we'll continue to see the problems through the next couple weeks ahead. things don't look so bad on the satellite. the area i'm watching is down towards the northwestern part of the caribbean. for areas including spain, this system is going to be moving pretty slowly. expect delays through tuesday as well as wednesday. through areas including parts of italy and east of the a dree yatic sea. temperatures cool over towards the east. you can see 3 for a high in kiev. other areas, we're talking about temperatures in the single digits as well. meanwhile out of the east, we have a hurricane. that hurricane is actually unusual for this time of year. we have only seen three others since 1949 to form this late. i leave you with video out of the u.s. state of california. this video showing you a part of the

erin? >> arwa, thank you. another investigation has been launched into the handling of the child sex abuse allegations at penn state. one of the alleged victims has been forced to switch schools after being bullying and teased. the man at the center, jerry sandusky who has been charged with sexually abusing eight boys has been seen around town acting as normal. we have sarah there at penn state. sara, i want to ask you about that. first of all, what can you tell us about victim number one's decision to switch schools and how he was being treated and whether it was linked to this case? >> erin, it was link today this case. basically, students at that school weren't getting any education from teachers and from staff and were pockets of immaturity at the school were lashing out against victim one. calling him names, derogatory names related to the case and blaming him and bullying him because of the firing of joe paterno. apparently it got so bad that his mother decided that not even halfway through his senior ye

erin? >> arwa, thank you. another investigation has been launched into the handling of the child sex abuse allegations at penn state. one of the alleged victims has been forced to switch schools after being bullying and teased. the man at the center, jerry sandusky who has been charged with sexually abusing eight boys has been seen around town acting as normal. we have sarah there at penn state. sara, i want to ask you about that. first of all, what can you tell us about victim number one's decision to switch schools and how he was being treated and whether it was linked to this case? >> erin, it was link today this case. basically, students at that school weren't getting any education from teachers and from staff and were pockets of immaturity at the school were lashing out against victim one. calling him names, derogatory names related to the case and blaming him and bullying him because of the firing of joe paterno. apparently it got so bad that his mother decided that not even halfway through his senior ye

erin? >> arwa, thank you. another investigation has been launched into the handling of the child sex abuse allegations at penn state. one has been forced to switch schools after being bullying and teased. the man at the center, jerry sandusky who has been charged with sexually abusing eight boys. he's been seen around town acting normal. we have sara there. sara, i want to ask you about that. first of all, what can you tell us about victim number one's decision to switch schools and whether it was link today this case. >> erin, it was link today this case. basically, students at that school weren't getting any education from teachers and from staff and were pockets of immaturity at the school were lashing out against victim one. calling him names, derogatory names related to the case and blaming him and bullying him because of the firing of joe paterno. it got so bad that his mother decided that not even happi halh the year they'd pull him out of a school. where they'd have education on what to do when you enc

erin burnett needs to prepare four her show. when we come back, mayor michael bloomberg will join us. he will tell us who he thinks should be blamed for the failure. and the man singularly responsible for the republican refusal to put tax hikes on the table. ok look, when gas prices jump... you still gotta work. so suddenly you're cutting back on everything from family vacations to cell phone minutes. well here's a thought - how bout cuttin' back on gas? here's how: the ford f-150. it gets 23 highway miles per gallon. that's the best. so you can get the job done and get a break at the pump. yeah, can you hear me now? this is the future. this is the ford f-150. >>> breaking news, the collapse of that super committee. design with coming up with reduction plans. the president after it collapsed is prolsing there will be no easy off-ramp when it comes to deficit reduction. moments ago at the white house, he said he would veto any effort to get around the automatic spending cuts. defense or domestic program that are now call for in t

certainly not from erin. erin is the one who's shooting this thankfully on the other side of the iphone. you see our crew members in the background, erin, landry behind mom then right behind me we have our new baby, patterson, he's 6 months old. he's strapped in like buzz ael dron. he's not going anywhere. we left around midnight. i actually slept for about seven hours yesterday. erin did all the hard work and got the kids ready and everything. i'm basically the driver. they've been able to sleep a little bit. it's just been driving, not much in terms of traffic. we're basically taking the straight trip all the way along 75, i-35 going through chattanooga, lexington, cincinnati, now we're about two hours -- maybe three hours away. so as the swallows return to capastrano, we are making our way. >> you all enjoy the ride on the road. we are trying out new technology here. it works. >> everybody's happy! everybody's happy! what are you talking about? everyone in this car's happy! man, you got to be kidding me? y

. >> that's erin burnett laying out the case for this long-term austerity vision. and then, you know, there's a case embedded in what erin burnett was saying in how -- i think there was a case that made to the run up of the debt ceiling deal. the long term cbo physical projections in the out years are producing in this moment uncertainty, anxiety, paralysis among the job creators that is at the cause of the stalled recovery. do you think that's a strong argument? >> well, the argument that i find more compelling relates actually to an argument that representative cohen raised earlier on. when he was raised about defense expenditures, he mentioned these guys are evasively spread. and that creates a dynamic in which we tend to spend more and more. that's an upward ratchet. they make themselves a strong political coalition. i would argue if you look at medical providers, you see a more persuasive political -- you see where we will cut x amount of spending, and that's interpreted as you are attacking people that want medical care, rather than let's saying let's raise m