[laughter] they are people who made washington work for them. jimmy is a socialite and kurt is a longtime aide to congressman darrell ice that describes himself but as an opportunist. not the although raised on the politics of west wing the media culture literally in griffin came to washington and found the father figure with darrell i said it was so completely a neighbor with his own narrative that he felt the need to tell me all about it . . ready males these are written by members of congress and eventually he was fired and is in chapter eight. but those who are extremely powerful whether president to the united states nor senate majority leader harry reid or the next governor of virginia and again is at looks at the entire world people who tried to scramble to the top of the pecking order. >> you have made the point that despite the fact people say washington is divided as though interconnected and the players that have that connection it goes without saying that washingtonians don't know these people that they are fully divorced so not so m

this is the way washington works problem. washington can't do anything. they had two years of meetings and meetings upon meetings and new regulations about the -- they can't manage their way out of a paper bag. the old top down way of doing things in washington, hierarchy can't fix anything. this is the best washington can do. this is the best washington can do and not the worst. so the next election is going to be about that. can we change washington? republicans are going to be the party of change. democrats are going to be the party that says more of the same. >> which republican party will be the party of change? will it be ted cruz party of change >> the american people will never go back to the status quo where health care is 17% of our gdp. they won't go back to tell women about they existing condition and won't take children on their parents' plan off health care. >> can you take something away from people? can members of congress say, okay, you have this but now we're going to take it away from you? >> it's harder. once you have it, it's much har

in washington he's a senior fellow at the washington institute also in washington we have michael hughes he is a freelance journalist and foreign policy analyst and in toronto across the forward is id he's a political science professor at the university of toronto our gentlemen cross-talk rules in effect that means you can jump in anytime you want i very much encourage it so i'm it's go to you first. do you believe a word that barack obama has to say given the last thirty years of bad relations between the two countries and i'm talking about covert overt operations up to this day. you know. the last ten years cannot be blamed on obama. i think he has a sponsible for his own presidency and he has been relatively a better president when it comes to iran when you compared him to others we have had occasions when the us congress wanted to pass new sanctions against iran and he has opposed those type of sanctions and in his speech at the un i think he had the couple of good points that was the first time we have heard that from a u.s. president for example he talked about president rouhani ha

the washington institute also in washington we have michael hughes he is a freelance journalist and foreign policy analyst and into and we cross to ford is id he's a political science professor at the university of toronto and gentlemen cross-talk rules in effect that means you can jump in anytime you want i very much encourage it so i that's go to you first entered on do you believe a word that barack obama has to say given the last thirty years of bad relations between the two countries and i'm talking about covert overt operations up to this day. you know. the last ten years cannot be blamed on obama i think he is responsible for his own presidency and he has been relatively a better president when it comes to iran when you compared him to others we have had occasions when the u.s. congress wanted to pass a new sanction against iran and he has opposed to those type of sanctions and in his a speech at the u.n. i think he had the couple of good points that was the first time we have heard that from a u.s. president for example he talked about president rouhani having a mandate from the ira

>>> can washington get back on track? >> i thank those democrats and republicans. >> today -- >> argue for your position. go out there and win an election. push to change it, but don't break it. >> there are new deadlines in december, january, and february. a chance for change? >> we're not going to shut down the government again, i guarantee it. >> our sunday exclusive with republican senator john mccain. and with the man who says not so fast. >> this is a terrible deal. >> leading the charge to gut obama care and leaving his party splintered in his wake, our dana bash with tea party favorite, texas republican ted cruz. >>> then, what's next for the tea party? our political panel weighs in on the fiscal fiasco, the flawed health care launch, and the 2014 midterms. this is "state of the union." >>>ed a good morning from washington. i'm gloria borger in for candy crowley. despite a failed effort to defund obama care that resulted in bringing much of the government to a standstill for 16 days, senator ted cruz isn't giving

in washington he's a senior fellow at the washington institute also in washington we have michael hughes he is a freelance journalist and foreign policy analyst and into and we cross the ford is id he's a political science professor at the university of toronto and gentlemen cross-talk rules in effect that means you can jump in anytime you want i very much encourage it find it's go to you first. do you believe a word that barack obama has to say given the last thirty years of bad relations between the two countries and i'm talking about covert overt operations up to this day. you know. the last ten years cannot be blamed on obama i think he is responsible for his own presidency and he has been relatively a better president when it comes to iran haven't you compared him to others we have had occasions when the us congress wanted to pass a new sanction against iran and he has opposed to those type of sanctions and in his a speech at the u.n. i think he had a couple of good points it was the first time we have heard that from. u.s. president for example he talked about president rouhani hav

reporting live from washington d.c. and of course we'll bring you more details on the shooting incident as soon as we get them here. on r.t. that's our breaking news this hour. thirty people involved in a greenpeace protest have now been charged with piracy by court in russia's north western port city of moments they were arrested after attempting to scale an oil rig in the arctic last month in protest over offshore drilling in the region of greenpeace lawyers are appealing the decision insisting that there was no violence involved and authorities said they pose a serious threat to the security of the platform despite facing up to fifteen years in prison activists are still refusing to give testimony when earlier i spoke to ben alias and he is head of greenpeace is arctic campaign and he believes the region should be off limits for any oil drilling company. but increase has a long history of peaceful protest it was perfectly obvious to the coast guard to the operator of the platform that this was a peaceful protest and

gwen: a lot of republicans in washington are saying don't link me to republicans in washington. >> but the ones taking a stand in washington are saying we are with -- the true conservatives. bobby ginnedal is saying no, it isn't. gwen: the next big fight, the debt limit. these things have been wrapped up together but this, it seems to me to be the fight that the administration is most worried about. >> this is the fight that's most consequential. this is the fight that could plunge the country into recession and it's coming up within two weeks. gwen: and that's generally accepted. to be fair, this is something john boehner says he does not want. >> absolutely. that's the vice grip boehner is in. he said he recognizes he cannot -- we cannot default, that the debt limit needs go up but he said eneed something with that and by shifting what he wants in return for that, he has put himself in this box or the house republicans have put themselves in this box. it's very difficult because the president, looking at the republicans grabbing this or that to try to issue as a demand is saying no,

gwen: autumn in washington. at the supreme court returns to debate campaign finance, and the president picks a new leader for the federal reserve. >> we can and must safeguard the financial system. gwen: covering the week, joan biskupic of reuters. greg ips of the economist. alexis simendinger of realclearpolitics. and jim tankersley of "the washington post." >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week with gwen ifill." corporate funding for "washington week" is provided by -- >> at northrop grumman, we know in the cyber world threats are always evolving. at first, we were protecting networks. then we were protecting the transfer of data. and today, it's evolved to infrastructure. finance. and military missions. we are constantly oin reiterating to advance -- oin reiterating to advance the frontline of the cyber world wherever it takes us. that's performance. northrop grumman. >> additional corporate funding for "washington wee

he is running against d ct dc cd washington, d.c. he is taking advantage of the new cycle and he looks to be coasting to victory. >> coastalling to victory and setting up a race in 2016. thank you. we appreciate it. that is it from the team here in washington, d.c. and from me david shuster for now. you can keep the discussion going by logging onto the facebook page. you can send us your thoughts on twitter i'm david schuster, thanks for watching. >>> hello, welcome to al jazeera america. i'm morgan radford in new york. the search is over for two florida fugitives. charles walker and joseph jenkins will wake up behind bars. they were found in a panama hotel after they escaped separately from the franklin correctional institution using forged document. >> jpmorgan chase could pay a record $13 billion fine for its mortgage practices leading up to the 2005 crisis. a tentative agreement has

how should washington be prioritizing these? >> again, that's another real downside of the episode we're living through now is of course the government is shut down and people aren't talking about that. also not talking about tax reform and immigration reform, so these incredibly important policy issues aren't getting dealt with. it's hard to prioritize immigration over tax. obviously, they both ought to get done soon. >> courtney, quickly, are there any bright spots for business in washington? >> i think that there will be p a conclusion that will be helpful for the country. all of these policymakers are here for all the right reasons and standing up for what they believe and trying to accomplish things that are good for the country, so i'm hopeful. >> thank you both so much for your time this morning. >> thank you. >> and that is all for our conversation today, but you can follow it all week long. we'll be back next week. now, stay tuned for president obama's weekly address right after this short break. have a great sunday, ev

he is running against d ct dc cd washington, d.c. he is taking advantage of the new cycle and he looks to be coasting to victory. >> coastalling to victory and setting up a race in 2016. thank you. we appreciate it. that is it from the team here in washington, d.c. and from me david shuster for now. you can keep the discussion going by logging onto the facebook page. you can send us your thoughts on twitter i'm david schuster, thanks for watching. ♪ ♪ >>> welcome to al jazerra. i am stephanie sy. here are the top stories at this hour. transit workers in san francisco are officially on strike. the walk out by union workers happening just an hour ago will strand more than 200,000 daily commuters. a bart union official says both sides agree on health care and pension bud remain far apart on pay and work conditions. negotiations have been going on for months. bart workers walked ute for nearly five days back in july. furloughed federal employees are back on the work and national parks have reopened. president obama says the 16-day go

they totally took over washington. i wanted to talk to cory booker as this young up and coming future star democratic politician about what that meant for him, what that meant for the party and whether that signalled some sort of larger shift in our country's politics. >> even in my state, i met republicans who were so excited about voting for barack obama not because he was a democrat, not because he was a black guy, but because they thought he was going to lift our country to our highest aspirations for ourselves. i think obama has a pragmatism about him, he will explain ideas to the american people not using the tired liberal parlance. he will be explaining to people in a way that touches people's hearts and compel them to act and work with us. >> just a few months later, even before barack obama was sworn in as president, republicans in washington decided that they would not work with him on anything during his presidency. nothing, no matter what. they voted unanimously against the president's first big initiative,

this is the way washington works problem. washington can't do anything. they had two years of meetings and meetings upon meetings and new regulations about the -- they can't manage their way out of a paper bag. the old top down way of doing things in washington, hierarchy can't fix anything. this is the best washington can do. this is the best washington can do and not the worst. so the next election is going to be about that. can we change washington? republicans are going to be the party of change. democrats are going to be the party that says more of the same. >> which republican party will be the party of change? will it be ted cruz party of change? >> the american people will never go back to the status quo where health care is 17% of our gdp. they won't go back to tell women about they existing condition and won't take children on their parents' plan off health care. >> can you take something away from people? can members of congress say, okay, you have this but now we're going to take it away from you? >> it's harder. once you have it, it's much ha

they totally took over washington. i wanted to talk to cory booker as this young up and coming future star democratic politician about what that meant for him, what that meant for the party and whether that signalled some sort of larger shift in our country's politics. >> even in my state, i met republicans who were so excited about voting for barack obama not because he was a democrat, not because he was a black guy, but because they thought he was going to lift our country to our highest aspirations for ourselves. i think obama has a prague malt tichl about him, he will explain ideas to the american people not using the tired eld liberal par lance. he will be explaining to people in a way that touches people's hearts and compel them to act and work with us. >> just a few months later, even before barack obama was sworn in as president, republicans in washington decided that they would not work with him on anything during his presidency. nothing, no matter what. they voted unanimously against the president's first big

so, again, no real budget being passed in washington. the dysfunction continues, the vote in the house was 285-143. so you still have a majority of the republicans in the house voting against any kind of ideal. in the senate it was moreover women, almost everyone votes, almost all of the -- the majority of the republicans in the senate did vote for this bill. so the senate continues to be more moderate than the house on the republican side. but there is still some very serious divisions within the republican party and, again, no ability to cut a longer term deal that really deals with the deficit, with the debt with the real issues that face this country think president obama talked about this deal and he said that the american people had lost trust in washington. and there is little doubt about that. the wall street journal article that talked about the winners and losers in this whole debt and government shutdown debacle said that clearly the biggest loser of all was the american people. and we want to have a discussion about all of th

do you thing what the guys are doing in washington, republicans are doing in washington, a good idea. shutting down the government. he had to dodge those things. he couldn't say, as you would expect, he would, you would want to if you are coming to washington to meet with the troops. yeah, they're doing great. i'm behind them on everything they're pushing here. >> yeah, i don't know why he wanted to cozy up to the stench of this. >> exactly. >> doesn't make sense on a political matter. and you know -- christie already is having trouble with the dynamic obviously. dating back to the election in which he was accused and criticized i thought wrongly at the time for cozying up to obama with respect to hurricane sandy recovery. he should have known this would dog him again. not sure why he came here. obviously entertained questions on it. but the broader problems, affecting the republican party are much greater than that. what we have right now is a complete division, between the pragmatists, and the idea logs. nicole was right. a bankrupt strategy. what they could do tactically. right now

in washington he's a senior fellow at the washington institute also in washington we have michael hughes he is a freelance journalist and foreign policy analyst and in toronto across the forehead is id he's a political science professor at the university of. and our gentlemen crosstalk rules in effect that means you can jump in anytime you want i very much encourage it find it's go to you first in town do you believe a word that barack obama has to say given the last thirty years of bad relations between the two countries and i'm talking about covert overt operations up to this day. you know. the last ten years cannot be blamed on obama i think he is responsible for his own presidency and he has been relatively a better president when it comes to iran haven't you compared him to others we have had occasions when the us congress wanted to pass a new sanction against iran and he has opposed those type of sanctions and in his a speech at the un i think he had the couple of good points that was the first time we have heard that from the us president for example he talked about president rouh

paul sr., joining me live from washington, d.c. the rest of the world is looking at washington and saying what is this chaotic crisis to crisis management of of the u.s. government. but in the end, were there winners or losers this evening in d.c.? >> well, i think you know, president obama won. he went into this negotiation saying they were not going to negotiate or do any changes to obama care, and we are going to raise the debt ceiling and extend federal spending. and then we'll have a longer conversation about the budget. that is what happened in the end, so he wins and looks like he is a man of fortitude at this moment. i think the republican party may have lost because they look like they couldn't basically run a two-car train. i mean, it was such a chaotic mess in the house, and the senate republicans were at war with the house republicans and the house republicans were at war with themselves, it did not look like a well managed operation. and i think it is bad for them in the public eye. >> so how is this going to change st

the washington institute also in washington we have michael hughes he is a freelance journalist and foreign policy analyst and into and we cross to ford is id he's a political science professor at the university of toronto and gentlemen cross-talk rules in effect that means you can jump in anytime you want i very much encourage it find it's go to you first. do you believe a word that barack obama has to say given the last thirty years of bad relations between the two countries and i'm talking about covert overt operations up to this day. you know. the last ten years cannot be blamed on obama i think he has a sponsible for his own presidency and he has been relatively a better president when it comes to iran and when you compared him to others we have had occasions where the u.s. congress wanted to pass a new sanction against iran and he has opposed those type of sanctions and in his a speech at the u.n. i think he had a couple of good points that it was the first time we have heard that from. u.s. president for example he talked about president rouhani having a mandate from the iranian peop

>> whole story of british burning washington as revenged this is a myth. it is one that we can pretty clearly say now is not why the british came here. they were already burning towns in chesapeake will before anybody knew about york. as a justification as they introduced into the parliamentary discussions with flowback so what coburn envisioned was a blow to collapse the government to force americans to make peace on the british terms. a lot of ways operating as free-lance to persuade his superiors to go along with a plan based on opportunity to end the war it if they had captured baltimore they may have succeeded. it is interesting to think about. when we say the british did not come here because york was burned one year earlier not to say they were not eager for revenge but it was not about york but other actions in canada that were more recent that in british mines were much more heinous actions they york which actually hardly made a ripple at the time. by the american command would ever happen to there was from the troops running around on their own p

. >>> and optimism about a possible washington deal sparked a sizeable u-turn in washington today, the dow released a triple digit loss, good things came in big packages for investors, the small cap stocks and the s&p 400 index of mid-cap companies closing at historic highs. >>> at the end of a breathless day of waiting for any news out of washington, the dow rose 64 points, the nasdaq up 23, and the s&p added seven points. >>> and joining us now to talk more about the latest developments in washington and what the uncertainty means for the washington and the economy is the chief strategist. greg, good to have you with us. you heard what john harwood just said. i would like you to add to that if you know of anything that is different. a week or so ago there was talk we were not going to negotiate anything having to do with obama care as part of any deal to raise the debt borrowing limit or reopen the government. and what john just described is there would be some movement on income verification as part of obama care, and the tax on unions, that they found objectionable is going to go a

surveillance revelations which have forced european leaders to reconsider their partnerships with washington france and germany are demanding talks with the u.s. on this issue by the end of the year the latest n.s.a. leak shows the agency has been eavesdropping on the conversations of thirty five world leaders and the e.u. has issued a statement warning that a lack of trust with washington could damage cooperation in intelligence gathering and also on top of that germany has decided to team up with brazil which was also targeted by the n.s.a. to push for a u.n. resolution restraining u.s. surveillance artie's test recently has more on the discontent in brussels. up to about thirty five world leaders were being spied on by the national security agency or the n.s.a. they were actually encouraging senior officials in various government departments like the white house the state department to share those contacts of important or individuals in the world in order to be added to that list that surveillance list and also what's interesting to note in the latest leak by edward snowden is that the ac

live from our nation's capital, this is "washington week in review" this is "washington week" with gwen ifill. corporate funding for "washington week" is presented by -- >> at northrup grumman, we know in cyberworld, threats are always evolving. at first we were protecting networks, then we were protecting the transfer of data. and today it's evolved into infrastructure. finance. and military missions. we're constantly innovating to advance the front line in the cyberbattle wherever it takes us. that's the value of performance, northrup grumman. >> additional corporate funding for "washington week" is presented by prudential. additional funding is provided by the annenberg foundation, the corporation for public broadcasting, and by contributions to pbs stations from viewers like you. thank you. >> once again, live from washington, moderator gwen ifill. gwen: good evening. you may have heard, the government is open, the debt ceiling has been raised, and we're right in the thick of a new set of washington crisis. the white house announced today it has finally completely, definitively, fou

"the washington post" is upset the washington area may lose $200 million per day. good. i want washington to have less money. they are drowning in dough. >> beautiful. >> all glass walls. >> this is a steel. so i can reach ally bank 24/7, but there are no brancs? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. ...amelia... neil and buzz: for teaching us that you can't create theuture... by clinging to the past. and with that: you're history. instead of looking behind... 80 thousand of us investing billions... in everything from the best experiencebelow... to the finest comforts above. we're not simply saluting history... we're making it. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of str

"the washington post" is upset the washington area may lose $200 million per day. good. i want washington to have less money. they are drowning in dough. >> beautiful. >> all glass walls. >> this is a steel. ♪ at any minute... ...you could be a victim of fraud. most people don't even know it. fraud could mean lower credit scores, higher loan rates... ...and maybe not getting the car you want. it's a problem waiting to hapn. check your credit score, check your credit repo, at experian.com america's numb one provider of online credit rorts and scores. don't take chances. go to experian.com. john: the crisis continues. some of washington shut down the city covered is bear that is why they cannot negotiate. >> there is no more cuts to make. john: washington must be broke not that you would notice if you would look around. >> consider where they work the architecture is ggand and office buildings resemble thousand. >> it looks like for side before the french revolution their whole lives they spent their life there in did dawn know what happened outside the world that is lik

he is running against d ct dc cd washington, d.c. he is taking advantage of the new cycle and he looks to be coasting to victory. >> coastalling to victory and setting up a race in 2016. thank you. we appreciate it. that is it from the team here in washington, d.c. and from me david shuster for now. you can keep the discussion going by logging onto the facebook page. you can send us your thoughts on twitter i'm david schuster, thanks for watching. justice. >> >>> over 50 years ago in the early days of the vet no, ma'am war, american forces began using a potent new herbicide known as "agent orange." it was designed to clear forests divid i have provided the vet kong with food. the deadly effects of that poison can be seen in the sickness and disabilities that have affected millions of people and the feeling of shame they have induced in some american vets.

people are completely fed up with washington. a moment when our economic recovery demands more jobs, more momentum, we've got yet another self-inflicted crisis that set economy back, and for what? gwen: for what, indeed. among the questions we'll be tackling tonight but first, the question so many itricans are asking, how did come to this. dan? i thought you'd know the answer to that one. well, i mean, it's been building for a long time, as we threend i think there are elements that came together in this particular moment. one is the growing polarization. we've talked about this repeatedly around this table, twosorting out of the parties. one farther apart from the other long time seen in a and we see that definitely in the house of representatives. vast difference, now, in how people view certain issues, how the two parties view certain issues. there is very little common ground on some of these big issues. ors either we're all for it we're all against it and the third, frankly, is the rise of party and the arrival of a faction

"the washington post" is upset the washington area may lose $200 million per day. good. i want washington to have less money. they are drowning in dough. >> beautiful. >> all glass walls. john: the crisis continues. some of washington shut down the city covered is bear that is why they cannot negotiate. >> tre is no more cuts to make. john: washington must be broke not that you would notice if you would look around. >> consider where they work the architecture is ggand and office buildings resemble thousand. >> it looks like for side before the french revolution their whole lives they spent their life there in did dawn know what happened outside the world that is like washington. john: is that a harsh comparison? knows says david boaz you worked in washington it is like for size. >> it iss great getting richer all the time i bought a house there it you can write it up but prices did not decline when there was a recession and the rest of the country of the jobs are still there and people make a lot of money. john: for a out of five richest counties are in that washington

"washington journal" continues. we are joined by adam green. what is the progressive change campaign committee e -- campaign committee e -- campaign committee? we work with those in power after helping to elect him by helping them government as a grassroots movement. dads, veterans, teachers, doctors, every congressional district. by aligning our members there with people in congress, we can really move progressive ideas forward. our main focuses economic populists issues and democracy issues. given what is happening here in washington over the last couple of weeks and the deal that was struck, do you feel good about what had happened yet go -- about what had happened yet go -- happened? guest: people were commenting on the same events -- and the way we were talking about the events was different from what the democratic committee parties are saying. their basic message is "democrats are awesome." for four and a half years we have been urging democrats to fight. finally they took our fight and -- they wente have aro

was a pretty silent day in washington. what would be the timeline of a deal or a frame work for a deal over the next few days? could we expect? >> we know the house of representatives is coming in tomorrow. they will be here at 9:00 a.m. congressmen hate to workweek ends, so they will want to work this as quickly as possible and we know the deadline is thursday next week. that's the day the treasury said it will run out of money and we'll hit the debt ceiling limit. so presumably between monday and thursday is the sweet spot for getting a deal done if they get one and it looks like the dynamic is they are actually talking to one another, although the white house is bending over backwards to avoid saying they are negotiating because of course, the president promised he wasn't going to negotiate. nonetheless, he was in a room with republicans talking about something, whether negotiation or not, that's up to you. >> e mmon, two back to back day of triple digit gains. to what extent does that make them come up with a deal beca

"the washington post" is upset the washington area may lose $200 million per day. good. i want washington to have less money. they are drowning in dough. >> beautiful. >> all glass walls. >> this is a steel. so i can reach ally bank 24/7, but there are no branches? 24/. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. [knock] no one was at home, but on the kitchen table sat three insurance policies. the fir

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and there's talk around washington in recent days, just because washington reached that point doesn't mean that the nation would go into that default. secretary jack lu said that there's no reason to take that chance. it's territory that has never been traded before. and there would be serious consequences at home and around the nation. >> the fact that speaker boehner is going to be holding this news conference, does that mean that the republicans blinked? >> we're going to see exactly what the speaker is going to propose. until today, he insisted that any raising of the debt ceiling by the house of representatives would have to be bined by action on reducing the nation's debt. doing something about long-term deficit financing. the president has said that he wants a clean debt ceiling raise. so we think that speaker boehner is trying to sell members of his caucus on the debt ceiling, and not opening the government until something is added to it, by the affordable care act or other budgetary measures. >> and randall, it appears that the affordable care act, all of that may not be a th

the panic in washington d.c. came amid high tensions on capitol hill where lawmakers are still unable to agree and new national budget president obama is forced to cancel his trip to asia because of the political impasse in his country while the u.s. treasury issues are warning of a looming and catastrophic default we've got details shortly for. you lawmakers cia contractor turned whistleblower edward snowden on the final list of nominees for the european human rights prize has received plaudits from people around the world and his former boss however is not among them and says he dreams of a somewhat different fate for us now to our he's worried upward and i reports. speaking at a washington post panel discussion on a cyber security former n.s.a. director general michael hayden joked about putting edward snowden on a list that has very little to do with human rights or honorable recognition america's former spy chief eg knowledge that snowden an n.s.a. whistleblower has been nominated for a human rights award an

again look out washington d.c. they both have the same. basic platform they're all more for your they're all on board for endless spending for one for corporate welfare one for social welfare they're all on board for surveillance they're on board for the police state. big thing is really just all about. crises deal crisis where a lot of deals are exchanged. analyses online team has listed ten ways the government shutdown could impact america from the looming default to the closure of museums and while you're about to dot com many other stories you to check out as well you can learn how the global stock markets have been reacting to the budget battle in the u.s. congress that and so much more right now on. our for the meantime here on the program already on the rise the u.k. has to go it alone sentiment is now being fueled by a fresh plan drawing the island nation even further from the mainland european state is off their prime minister david cameron hinted that he wants to withdraw from the european convention on human rights it's long bee

in washington, d.c. what are the global ramifications according to the president on this? >> reporter: well, david, it's clear the administration is trying to shift the focus from the budget deadlock which hurts the american economy to the global. two weeks from today the government will not have enough money to pay its bills and would default on its debt. we're hearing from officials from the imt, economists, ceo ceos, some of the possible scenarios, the financial markets freak out and they stop lending money. interest rates skyrocket. that's the picture the president was paint be for the audience today. >> obama: the united states is the center of the world economy, if we screw up the everybody gets screwed up. the whole world will have problems. which is why generally ever thought to threaten not to pay our bills. it would be the height of irresponsibility. >> he is also, patty, trying to sell his plan, his high ground, if you like, to the american people. >> reporter: he is. this is what it really co

we left washington d.c. on may 4th, 1961, at 18 of us, to test the decision of the united states supreme court to end segregation in public transportation. my seatmate from washington d.c. you must understand in 1961, black people and white people couldn't be seen together when you get out of washington to try to go to north carolina or georgia, alabama, mississippi. we were on our way to new orleans. we didn't have any problems for the most part until we got to rock hill and the little place in charlotte, n.c. a young african-american man attempted to get a shoe shine in a so-called white barber shop that was in the so-called white waiting room. he was arrested and taken to jail. the jurors dismissed charges against him. the two of us are arrived at the greyhound bus station in south carolina. a group of white men met us in the doorway and started beating us and left us lying in a pool of blood. the officials wanted to know if we would going to address charges, we said no, we believe in love and peace and t

. >>> and optimism about a possible washington deal sparked a sizeable u-turn in washington today, the dow released a triple digit loss, good things came in big packages for investors, the small cap stocks and the s&p 400 index of mid-cap companies closing at historic highs. >>> at the end of a breathless day of waiting for any news out of washington, the dow rose 64 points, the nasdaq up 23, and the s&p added seven points. >>> and joining us now to talk more about the latest developments in washington and what the uncertainty means for the washington and the economy is the chief strategist. greg, good to have you with us. you heard what john harwood just said. i would like you to add to that if you know of anything that is different. a week or so ago there was talk we were not going to negotiate anything having to do with obama care as part of any deal to raise the debt borrowing limit or reopen the government. and what john just described is there would be some movement on income verification as part of obama care, and the tax on unions, that they found objectionable is going to go a

by washington. all of the confidence it takes to sum it up to buy a new house, washington. when we were starting to see good numbers, like they have been deliberately trying to sabotage the economy. how about the fact washington can't see the process of tremendous domestic oil and gas? they still haven't figured out we can cut the portion of the gigantic military budget to protect the middle east. all we are doing over there is ensuring china can import all the oil it needs. we are protecting china. that's a great mission. nor had they realized some companies rely on the u.s. government for major parts of the sales. hence why companies like cisco and networking equipment are getting bled to death by the government shutdown. thank god it is coming to an end. celebrate business in this country. something that used to be able to count on from the republicans. remember when the gop was the party that helped business in washington instead of scaring it to death? today we saw what this market can do when washington gets its act together and gets off the backs of its people. you k

there is no end in sight to washington's short-term thinking. we've seen the bad -- >> i will not negotiate over the full faith and credit of the united states. >> i speak in support of defunding obama care until i'm no longer able to stand. >> we will not shut down the government again, i guarantee it. >> it is really something when progress is just doing your job. gentleman, thanks for joining me. john this is no way to run the world's largest business. odds of a repeat in january? >> you don't think this is the way to run a business? i was thinking about starting a new school of how not to one a business. you heard senator mccain, the leadership saying we won't do this again. the motivation is the damage to the republican brand. so the budget committee people are starting to talk. they say they're going to work this out. logic tells you they won't do it again, but i will end with this, i have not met logic in washington in quite a long time. >> greg, you say there is a 40% chance of a budget deal. >> yes, i think there is a decent chance not

a historic day for washington and the u.s. economy, as expected president obama nominated janet yellen currently vice chairman of the federal reserve to head up the nation's bank. if her nomination passes in the senate and it's likely to, she's expected to continue the easy money bond buying by ben bernanke and that's what people on wall street want who is janet yellen? what's her record for the fed? does her appointment mean for your money? steve liesman takes a closer look at the woman who would be chairman. >> reporter: president obama in a historic announcement nominated janet yellen to become the first female of the reserve putting an economist in the hot seat at one of most controversial moments in the 100-year history. yellen called for unity among a fed divided to continue extraordinary and controversial policies. >> the fed has powerful tools to influence the economy in the financial system, but i believe it's greatest strength rest in the capacity to approach important decisions with expertise and objectivity, to vig

it was tied directly to washington. while u.s. bank corp says nervous customers are moving money into cash and the influx of deposits is squeezing into net interest margin as it mays more interest on deposits, deposits that may not be able to lend. growing by $10 billion by the end of september and customers moving to cash seeking certainty and safety for their money as washington diters what to do with it's own. for "nightly business report", i'm mary thompson. >>> still ahead on "nightly business report", big blue reports a big revenue miss sending shares lower after hours. that's coming up next. first, how the international markets performed today. >>> the u.s. economy grew at a modest to moderate pace but job growth was subdued. a snapshot of business and economic conditions in the fed's 12 regional bank ris districts and growth slowed in richmond, chicago regions. many reported optimism about the future and expressed uncertainty about the government shutdown and looming debt ceiling crisis. >>> a banker's group says new mortg

. >>> stocks pounded as the great divide in washington escalates, investors are paying the price. the s&p and nasdaq hit the worst day in six weeks. the dow off 900 points from the record september high. >> earnings underway, two big s&p 500 companies reported profits late today but how much did the results and outlooks matter to the market when washington is such a huge concern? >> and hitten debt storm, there is a developing crisis larger than detroit, this time puerto rico and if you think it doesn't affect you, look at your mutual fund. you may puerto rico funds and not know it. we have that and more on nightly business report for tuesday, october 8th. >>> good evening everyone and welcome. the war of words heated up and stocks and bonds cooled off again today with today's losses driven by the freezeup in washington over the debt limit and government shutdown, the dow shed all of september's gains. it's down a staggering 900 points from the all-time closing high hit just three weeks ago. that's nearly 6% and today was the worst day in six weeks for the s&p 500 and nasdaq. that

in washington are. the last minute decisions on the verge of a shutdown have recently become fairly common in washington let's have a flashback here to a couple of the closest calls in recent years for you here on the program on r t it was back in two thousand and eleven of the closing of the government was averted literally one hour before the deadline and after a painful legislative standoff the budget deal was finally agreed that the debt ceiling another nerve racking issue that was in the summer of twenty eleven sending shock waves across america and much of the rest of the world as well but the sky did not fall as it was agreed upon two days before time was up for example it's been about now seventeen years since the last time the government partially ceased its work but it's actually the eighteenth time in the united states taking a so-called spending gap in one thousand nine hundred seven the government was shut down three times in as many months of gerald solenn tell you the publisher of the tre

in washington dc, thousands

by washington. all of the confidence it takes to sum it up to buy a new house, washington. when we were starting to see good numbers, like they have been deliberately trying to sabotage the economy. how about the fact washington can't see the process of tremendous domestic oil and gas? they tell haven't figured out we can get the portion of the gigantic military budget to protect the middle east. all we are doing over there is ensuring china can import all the oil it needs. we are protecting china. that's a great mission. nor had they realized some companies will allow the u.s. government for major part of the sales. hence why companies like cisco and networking equipment are getting bled to death by the government shutdown. thank good must it is coming to an end. celebrate business in this country. something that used to be able to count on from the republicans. remember when the xwop was the party that helped business in washington instead of scaring it to death? today we saw what this market can do when washington gets its act together and gets off the backs of its peopl