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Aug 29, 2011
08/11
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she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to mary who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt while lincoln was president. he more or less did not know the degree of it. she let elizabeth come up with a plan to secretly try to sell her dresses in new york city. but the plan does not go very well. >> before we run out of time, the 48th anniversary of the "i have a dream" speech, what does it mean? >> it means there is another step forward in the country reconciling its history. i say that because statues are important symbols of recognition. what this says is that we are at a point where we will recognize the contributions of martin luther king who gave his life for making sure that this country live up
she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to mary who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt while lincoln was president. he more or less did not know the degree of it. she let...
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Aug 29, 2011
08/11
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CSPAN
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eye 125
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she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to marry who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt wellington was president. he more less did not know the degree -- she was in debt while lincoln was president. he more or less did not know the degree of it. she let elisabeth come up with a plan to secretly let tercel her dresses in new york city. but the -- to sell her dresses in new york city. but the plan does not go very well. >> before we run out of time, the 48th anniversary of the "i have a dream" speech, what does it mean? >> it means there is another step forward in the country reconciling its history. i say that because statues are important symbols of recognition. what this says is that we are at
she came to washington, d.c. by circumstance, she ended up becoming the dress maker for mary lincoln, but also her confident and her friend. elizabeth spent a great deal of time at the white house just out of her work but also out of her closeness to marry who was actually alienated by many people in washington, d.c. because of her personality and her background. elizabeth also got to know -- she was in debt wellington was president. he more less did not know the degree -- she was in debt while...
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Aug 28, 2011
08/11
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CSPAN2
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eye 63
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she did not like washington. glen says washington wasn't a very popular place for the family because of her. well, what i discovered was she went to washington with him regularly until 1835. by 1835, she had buried all six of her daughters, she had about six or seven grandchildren that she was raising here at ashland. and she, you know, she just did not have the time to go to washington. she had other responsibility. when she was in washington, she basically supported his career, and was hardly the recluse that historians have painted her as being. the sons had their problems, and there is a strain of mood disorder that is evident in the early generations. all five of his sons suffered from melancholy or depression. melancholy was the 19th century term. with one exception, they became successful businessmen, one served in the house of representatives, one served in the state legislature, one -- two of them were tremendous horseman. they contributed significantly to the horse industry? kentucky. so they were more
she did not like washington. glen says washington wasn't a very popular place for the family because of her. well, what i discovered was she went to washington with him regularly until 1835. by 1835, she had buried all six of her daughters, she had about six or seven grandchildren that she was raising here at ashland. and she, you know, she just did not have the time to go to washington. she had other responsibility. when she was in washington, she basically supported his career, and was hardly...
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Aug 28, 2011
08/11
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CSPAN2
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eye 74
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just because she doesn't like washington? >> well, she was rather plain looking, and somewhat dour looking. there's a type of the two of them, and i say it's the clay version of grant woods painting american gothic because they both look so dour, but by that time, he's suffering from tuberculosis. she's had 11 children in 21 years, raised them, raised her grandchildren, you know, they had experienced some difficult times, tragedy is a key ingredient of this family. it -- they have suffered beyond any measure. how clay kept going, i can't comprehend. i don't think i could withstand the tragedy that affected him with his children and grandchildren, but you know, i think it was appearances. i think the stories began to be told, and it's like, you know, once a story is told, it never goes away. it just keeps getting bigger and bigger, but the sons took a long time to find their way. they were very slow to find their way. one of them ended up in the lexington lunatic asylum which, of course, fed the rumors about others, so i think
just because she doesn't like washington? >> well, she was rather plain looking, and somewhat dour looking. there's a type of the two of them, and i say it's the clay version of grant woods painting american gothic because they both look so dour, but by that time, he's suffering from tuberculosis. she's had 11 children in 21 years, raised them, raised her grandchildren, you know, they had experienced some difficult times, tragedy is a key ingredient of this family. it -- they have...
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Aug 9, 2011
08/11
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CSPAN2
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eye 206
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washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have defined a new way. in the 1920's in america people began to feel that washington was part of that old way. and then entered robert hughes shown here rupert was a hollywood mogul and author and with another man named w. a. woodward decided they would keep on washington as being thpresentative of the old ways
washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have...
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Aug 2, 2011
08/11
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CSPAN2
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eye 91
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and you know what happens in washington when the cuts are in the out years? unfortunately, our history has been that they don't get done. that's why i'm concerned about even the $917 billion claim in reductions, which is not a reduction in spending. i have also asked myself does this agreement in any way reduce the size of government? we know that this government has continued to grow even as state governments and families have made the tough decisions to downsize, to reduce, to live within their means. this deal does not cut or end one government program. in march, the g.a.o. came out with a report that identified hundreds of duplicative programs that happen here in washington where we could save billions of dollars. my colleague from oklahoma, senator dr. tom coburn, he has done the hard work of identifying hundreds and hundreds of duplicative programs where we could save billions and billions of dollars, yet this agreement does not reduce the size of government at all or end one of those programs. does it avoid a downgrading of our credit? unfortunately, i
and you know what happens in washington when the cuts are in the out years? unfortunately, our history has been that they don't get done. that's why i'm concerned about even the $917 billion claim in reductions, which is not a reduction in spending. i have also asked myself does this agreement in any way reduce the size of government? we know that this government has continued to grow even as state governments and families have made the tough decisions to downsize, to reduce, to live within...
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Aug 23, 2011
08/11
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MSNBCW
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eye 228
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so this is a down time in washington. but there is no question about national leadership in terms off where everyone else is today. very few people in the capitol. -- >> and you mentioned martha's vineyard, andrea, and goi just t a hot note in that they felt a tremor in the workspace in martha's vineyard and now we have a great portion of the east coast where people are reporting that they felt the tremors and i'm standing not far from congresswoman maxine waters and you mentioned that everyone is spread out and you have members of the congressional black caucus in miami with this, and they are like the rest of us a, baffled by the news coming from washington and the area, but also trying to clamor to get more details. we have a picture of the national mall where people are being evacuated and i believe that we have pete williamston ready to talk about the information that he is gathering with all that is going on. pete, are you there? >> i am, tamron. so far we have not heard of any serious damage here in the washington,
so this is a down time in washington. but there is no question about national leadership in terms off where everyone else is today. very few people in the capitol. -- >> and you mentioned martha's vineyard, andrea, and goi just t a hot note in that they felt a tremor in the workspace in martha's vineyard and now we have a great portion of the east coast where people are reporting that they felt the tremors and i'm standing not far from congresswoman maxine waters and you mentioned that...
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he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides. >> stephen: has it helped anybody? it's giving guys like you and me something to talk about. >> mitch mcconnell was helped a little bit because he stayed into the background. >> stephen: he just retreated into his shell. [laughter] al thank you so much. al hunt of bloomberg [ female announcer ] the subway® buffalo chicken is the featured $5 footlong™ of august. an all-time favorite, with tender chicken, spicy buffalo sauce and cool ranch, this august, the buffalo chicken joins our many everyday $5 footlongs! subway. eat fresh®. every.... ♪violin musical theme at 1800co
he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides....
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Aug 20, 2011
08/11
by
KQED
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eye 173
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available at "washington week" online at pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. captioned by the national captioning institute --www.ncicap.org-- >> funding for "washington week" swoosh provided by -- >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the glow, the people of boeing are working together to support all who serve. that's why we're here. >> this is the network. a living, breathing intelligence. in here inventory can be taught to learn. machines have a voice. medical history follows you. it's the at&t network, a network of possibilities committed to delivering the most advanced obomanu aisle broad band experience to help move business forward. >> corporate funding for "washington week" is provided by -- prudential financial. additional funding is also provided by the corporation for public broadcasting and by contributions to your pbs station from viewers like
available at "washington week" online at pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. captioned by the national captioning institute --www.ncicap.org-- >> funding for "washington week" swoosh provided by -- >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring...
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209
Aug 24, 2011
08/11
by
KRON
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eye 209
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they have to check of the washington monument and the washington cathedral. they're looking for possible cracks. it want to make sure it is structurally sound. take a listen to what people had to say about feeling in their very first earthquake. >> i looked out the window, i saw the building shaking. we are in a meeting and i said, i have to leave. >> another major concern, the nuclear power plants, one was 12 mi. away and automatically shut down. donald trump, by the way state in his office building and it worked. >> we are tracking a hot spot on highway 4, let's go to george for the update. >> we continue to see things improve on highway 4 in the westbound direction. that is starting to clear. the drive time is getting back to normal. we have a new problem in the south bay. 101 in the northbound direction. the problem was an accident past blossom hill road that slowed the traffic from highway 85, pushing the drive time up to 26 minutes in the 80 interchange. normally that should be 12-14 minutes. you might want to use highway 880854 highway 88087 if you are
they have to check of the washington monument and the washington cathedral. they're looking for possible cracks. it want to make sure it is structurally sound. take a listen to what people had to say about feeling in their very first earthquake. >> i looked out the window, i saw the building shaking. we are in a meeting and i said, i have to leave. >> another major concern, the nuclear power plants, one was 12 mi. away and automatically shut down. donald trump, by the way state in...
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Aug 6, 2011
08/11
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FOXNEWSW
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eye 217
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that's all for me here in washington.
that's all for me here in washington.
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Aug 27, 2011
08/11
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KQED
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eye 339
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alert available at "washington week" online at pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875, we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years, from insurance to investment management, from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still. and that's one thing that will never change. prudential. >> corporate funding is also provided by boeing. at&t. rethink possible. additional funding for "washington week" is provided by the an enberg foundation, the corporation for pup broadcasting , and by contributions to your pbs station from viewers like you, thank you.
alert available at "washington week" online at pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875, we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years, from insurance to investment management, from real estate to retirement...
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Aug 24, 2011
08/11
by
KDTV
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eye 258
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. >> estado unidos, y millones de residentes se trasladan de washington a nueva york, las autoridades evacuan los principales edificios del gobierno >>> en libia se vive una jornada histórica, los rebeldes se apoderaron del cuartel de muamar gadafi >>> en su viaje rumbo a estados unidos, se prepara desde la florida hasta las carolinas >>> una victoria decisiv , un juez le retiró los cargos penales por violación sexual >>> este es su noticiero univisión. [♪] . >>> hola, ¿qué tal?, muy buenas noches, hoy es un día espectacular de noticias, estamos viendo las 3 principals la toma del cuartel de muamar gadafi, el avance del huracán irene y el temblor 5.9 que afectó a varios estados del este de estados unidos, fue muy intenso empezamos con la última, en más de 100 años no se había sentid la tierra temblar en esa región sacudió los nervios de millones de residentes, que salieron despavorido en las calles, el tráfico aéreo y terrestre quedó paralizado por momentos >>> la casa blanca se estremeció ante la fuerza de un terremoto de magnitud 5.8 a 6 en la escala de richter
. >> estado unidos, y millones de residentes se trasladan de washington a nueva york, las autoridades evacuan los principales edificios del gobierno >>> en libia se vive una jornada histórica, los rebeldes se apoderaron del cuartel de muamar gadafi >>> en su viaje rumbo a estados unidos, se prepara desde la florida hasta las carolinas >>> una victoria decisiv , un juez le retiró los cargos penales por violación sexual >>> este es su noticiero...
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Aug 8, 2011
08/11
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FOXNEWSW
tv
eye 75
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s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise the two sides, isn't that part of the problem? >> let me first say, both political parties are responsible for the mess we have now. this is not a republican or democrat-only problem. i would argue that over the last couple of years, we've gone deeply in the wrong direction. the kind of compromise you need to actually fix the structure of our debt, like the gentleman just said previously entitlements. our partners on the other side of the aisle the president and senate have been unwilling to put a plan out there to address entitlements. specifically health care of the president created t
s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise...
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he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides. >> stephen: has it helped anybody? it's giving guys like you and me something to talk about. >> mitch mcconnell was helped a little bit because he stayed into the background. >> stephen: he just retreated into his shell. [laughter] al thank you so much. al hunt of bloomberg [cheers and applause] >> stephen: that's it for the report. good night. [cheers and applause] captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org - you better not miss. - this is a dumb idea. [cheers and applause] - and we're back. welcome to the season three pre
he said he would change the culture of washington. it wassen an almost impossible task. >> stephen: do you think he has raised negotiations about how fast you can cave in negotiations, unfairly? >> namely you ask them what they want and you give it to them. >> i think he has been injured by. 4lqj"brand has been injured by . they've looked to extreme, and too unbalanced. i don't think it helped republicans. i think it's possible this was a lose-lose for both sides....
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160
Aug 27, 2011
08/11
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CSPAN
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eye 160
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on washington." "washington journal" host: good morning. in this edition of the "washington journal, we asked the question, what is killing jobs? we got this from the "baltimore sun." charles campbell says that free treat -- free trade is sending jobs overseas. on the other side, lack of workers train for today's needs is the cause of u.s. employment was. we want to find out from you what you think is killing jobs here in the united states. if you want to get involved in the conversation, give us a call. the telephone numbers are on the screen. you can also get in touch with us with social media. our e-mail address is a journal @c-span.org. if you want to get them off of that conversation at a speck -- at facebook, go to our page. we are beginning this edition of the "washington journal" with a look at the "baltimore sun." care debate as to what is killing jobs. charles campbell is a senior vice president formerly of coal oil. he says it is obvious. charles campbell finishes up by saying that the qua
on washington." "washington journal" host: good morning. in this edition of the "washington journal, we asked the question, what is killing jobs? we got this from the "baltimore sun." charles campbell says that free treat -- free trade is sending jobs overseas. on the other side, lack of workers train for today's needs is the cause of u.s. employment was. we want to find out from you what you think is killing jobs here in the united states. if you want to get...
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250
Aug 29, 2011
08/11
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CSPAN
tv
eye 250
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not only the white house but the president's house that george washington lived in when he was washington lived in when he was in philadelphia forpre slenting. each chapter opens with a long narrative about a particular individual that i thought really captured the moment and era in broad strokes? terms of the race politics and presidential politics of the period. >> who is oni? >> i had never heard of this woman at all. all of us who grew up in the united states learned the history of the first president. we certainly learned about george washington and stories about him cutting down cherry trees and never telling a lie. what we had very little information were the individuals that were enslaved to him. oni was one of the nine slaves that travelled and lived with him during the presidency. for most of his presidency in philadelphia, she was there. young woman. early 20's, 21, 22. she found out in early 1796 that martha washington was planning to give her away as a wedding gift. during slavery, they were given away. this was upsetting to her, the waubs had promised when they died, they wo
not only the white house but the president's house that george washington lived in when he was washington lived in when he was in philadelphia forpre slenting. each chapter opens with a long narrative about a particular individual that i thought really captured the moment and era in broad strokes? terms of the race politics and presidential politics of the period. >> who is oni? >> i had never heard of this woman at all. all of us who grew up in the united states learned the history...
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112
Aug 5, 2011
08/11
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CSPAN
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eye 112
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then in washington, d.c., she served as the president of horizon in washington. -- verizon in washington. and managing member of the consulting firm before her appointment on the small business administration. let's take our next phone call. our next call is from brooklyn, chris is a republican. caller: thank you for taking my call. i have a comment but first i would like to correct one thing that seems to be always out there, and that is that president obama inherited this economy. he ran for president. host: can i stop you? we have this debate about the overall direction. we are focusing on small business. caller: i personally do not think it is good to have a small business administration at all because we do not have a successful small businesses that have gone through them. we have entrepreneurs in america that start their own businesses that do not rely on the government. we could take all of that money and the political appointees, all of that spending would stop, and businesses would hook up with each other the way they always have. of the notion that you are getting a bureaucrat
then in washington, d.c., she served as the president of horizon in washington. -- verizon in washington. and managing member of the consulting firm before her appointment on the small business administration. let's take our next phone call. our next call is from brooklyn, chris is a republican. caller: thank you for taking my call. i have a comment but first i would like to correct one thing that seems to be always out there, and that is that president obama inherited this economy. he ran for...
137
137
Aug 9, 2011
08/11
by
CSPAN2
tv
eye 137
favorite 0
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washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have defined a new way. in the 1920's in america people began to feel that washington was part of that old way. and then entered robert hughes shown here rupert was a hollywood mogul and author and with another man named w. a. woodward decided they would keep on washington as being representative of the old ways there were quite cynical about it, they bowed to the stories about where that originated from and is popular in the 1920's and was associated with henry ford and how she liked to say to me and nonsense. wa woodward and robert hughes and the elected troops being deloused in a world war i and said it
washington cigar wrappers and washington apples, washington ceremonial hatchets that he shot down a cherry tree with supposedly. it's all over the place. inevitably there is a reaction to it after the first world war moving into the 1920's and 1930's it's a different time from the 1800's. it's a time when people believe they needed to overturn the old ways of thinking, the old ways of doing things and patriotism and abroad and world war i has shown and the payment lead to destruction we have...
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Aug 6, 2011
08/11
by
KQED
tv
eye 208
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it's the "washington week" podcast at "washington week" onlinehan pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. funding for "washington week" is provided by -- >> we know why we're here. to connect our forces to what they need when they need i. >> help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe, the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> corporate funding is also provided by prudential financial, at&t, rethink possible. additional funding for "washington week" is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you.
it's the "washington week" podcast at "washington week" onlinehan pbs.org. >> "washington week" was produced by weta, which is solely responsible for its content. funding for "washington week" is provided by -- >> we know why we're here. to connect our forces to what they need when they need i. >> help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe,...
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128
Aug 23, 2011
08/11
by
CSPAN2
tv
eye 128
favorite 0
quote 1
she left and went to washington for her first board meeting. after she had flown through senate confirmation much faster than i ever did for anything i was appointed to and she got there and said, what do we do? do you know what the corporation does? it spends $957 million of your dollars every year getting people to volunteer in their local community. help a brother to understand. has anybody here ever volunteered for anything? did the national government have to come here and get you to volunteer? my friends, there's going to have to be a whole lot of cuts in activity just like that. but we've got to be more than just an austerity program. we've got to go about the business of creating wealth and prosperity and jobs in this country. and it seems to me one of the first places we have the look at is our tax code. my dad was a retired texas high school football coach. and that old football coach would say if your team isn't winning and other teams are, you might want to sort of do what they're doing. we can look around the world, look at some of
she left and went to washington for her first board meeting. after she had flown through senate confirmation much faster than i ever did for anything i was appointed to and she got there and said, what do we do? do you know what the corporation does? it spends $957 million of your dollars every year getting people to volunteer in their local community. help a brother to understand. has anybody here ever volunteered for anything? did the national government have to come here and get you to...
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114
Aug 29, 2011
08/11
by
MSNBCW
tv
eye 114
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with the president back in washington, congress returning next week, will washington learn another set of lessons? the lessons of the debt ceiling debate debacle? federal reserve chair ben bernanke issued a warning friday saying "the negotiations that took place over the summer disrupted financial markets and probably the economy, as well, and similar events in the future could over time seriously jeopardize the willingness of investors around the world to hold u.s. financial assets." that was the federal reserve chairman warning congress, washington, the president to get your act together. meanwhile, approval of the federal government is at an all-time low. the president's approval on the economy at 36% in a recent a.p.gfk poll. only 12%, by the way, approve of congress. this morning, gallup has more bad news, rated public approval of industries and the federal government came out on the bottom below oil and gas with only 17% approval. folks in washington, you have no idea the damage the debt ceiling debate debacle did. it's been toxic. president obama, we're seeing his approval ratin
with the president back in washington, congress returning next week, will washington learn another set of lessons? the lessons of the debt ceiling debate debacle? federal reserve chair ben bernanke issued a warning friday saying "the negotiations that took place over the summer disrupted financial markets and probably the economy, as well, and similar events in the future could over time seriously jeopardize the willingness of investors around the world to hold u.s. financial assets."...
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39
Aug 2, 2011
08/11
by
CNNW
tv
eye 39
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that ought to compel washington to compromise and it ought to compel washington to act. that ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that what's i intend to do and i'm looking forward to working with congress to make it happen. thanks very much, everybody. >> all right. so the president of the united states speaking not all that long, speaking in the rose garden, making the case that yes, the legislation has passed, he will sign it into law later today raising the nation's debt ceiling, passed the senate just a little while ago, passed the house of representatives last night. but now it's time to move on, now it's time to deal with the economic crisis facing the country, now it's time to start creating jobs and he listed at least six or seven points that he thinks will help start create some jobs, some specific points he wants congress to enact. unfortunately, at least in the next month or so, five weeks, congress is going to be in r
that ought to compel washington to compromise and it ought to compel washington to act. that ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that what's i intend to do and i'm looking forward to working with congress to make it happen. thanks very much, everybody. >> all right. so the president of the united states speaking not all that long, speaking in the...
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to be out in the country saying send me back to washington and i'll fix washington? >> reporter: i think it's incredibly steep not just because washington is so gridlocked but also because the economic picture is so grim and people do tend to vote with their pocketbooks. but it's not in the view of the advisers to the president insurmountable and that's because in their view, john, he remains personally well liked, because if you look at, for example, a recent "washington post" poll, about 53% of americans are saying that they are still going to vote for him or open to considering voting for him. their argument, take it or leave it, their argument is that americans continue to keep an open mind to him because they think he's trying hard. and so among other reasons and they like him personally, so if you listen to him today, what you're hearing to him he's revealing a bit of this frustration that i'm hearing from them behind closed doors, now he's showing it in public view, which is both an honest frustration and also a message to independents that he's trying to brea
to be out in the country saying send me back to washington and i'll fix washington? >> reporter: i think it's incredibly steep not just because washington is so gridlocked but also because the economic picture is so grim and people do tend to vote with their pocketbooks. but it's not in the view of the advisers to the president insurmountable and that's because in their view, john, he remains personally well liked, because if you look at, for example, a recent "washington post"...
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one is incredible dysfunctionality in washington. if we can't sort out a self-inflicted wound, what about all the other challenges that face us? second, the market sees weak growth and the possibility that growth will get even weaker. and, third, the market recognizes that this agreement has not stopped the rating agencies from putting the aaa rating of the united states on negative outlook as moody's did today. so, what the market is saying is at the end of the day we are worse off than we were before the agreement. >> and so, chrystia, the question then is what now? mohammed mentioned we're in a waiting period tort of purgatory or a waiting period, and ceos have complained we won't hire until we have more certainty about the tax climate, for example? doesn't this deal essentially perpetuate the uncertainty for another four or five or six months as the supercommittee gets into the question in round two will there be tax increases? >> yeah, i think you're absolutely right. i think the uncertainty lasts long longer, i think it lasts t
one is incredible dysfunctionality in washington. if we can't sort out a self-inflicted wound, what about all the other challenges that face us? second, the market sees weak growth and the possibility that growth will get even weaker. and, third, the market recognizes that this agreement has not stopped the rating agencies from putting the aaa rating of the united states on negative outlook as moody's did today. so, what the market is saying is at the end of the day we are worse off than we...
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-- natural events in washington. hurricane irene is speeding up the east coast. we also had an earthquake, unusual for us. i think it is fair to say that it generally scared the hell out of a lot of people. the beauty of our business is that we can work politics into just about anything. as irene does for worse, let's talk about the debate in the republican party about climate change. rick perry says it is a scientific theory that has not been proven to jon holtzma -- jon huntsman told a capper that if republicans position themselves as the anti-size but, it will cost them 2012. >> it is what the national academy of sciences has said about what is causing climate change and man's contribution to it. i think we find ourselves on the wrong side of science and therefore in a losing position. >> do you agree, charles? >> well, global warming is somewhat problematic because a majority of scientists say it is so. i happen to believe that probably is. i am not sure i believe the models that predict what is going to hundred
-- natural events in washington. hurricane irene is speeding up the east coast. we also had an earthquake, unusual for us. i think it is fair to say that it generally scared the hell out of a lot of people. the beauty of our business is that we can work politics into just about anything. as irene does for worse, let's talk about the debate in the republican party about climate change. rick perry says it is a scientific theory that has not been proven to jon holtzma -- jon huntsman told a capper...
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bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a gross plan very clearly. one, we have to deal with the debt and deficit. send wall street a message that the united states of america is deadly serious about dealing with the long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we go forward. we do it, david, in a way that doesn't turn our backs on the history we have created where we know how to do it without cutting off job creation in our economic future. in the 1990s, we balanced the budget. we did it without a constitutional amendment. we balanced the budget, created 22,000 new jobs. that changed when we went into credit card debt, two wars, two tax cuts. we couldn't afford them. boom! 6.some trillion in debt. obama was largely in response to george bush and hank paulson asking us to bail out the financial structure of america. we have to get real about what the problem is. the second piece of this, senator box eer has a great dea. if we do it, we w
bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a gross plan very clearly. one, we have to deal with the debt and deficit. send wall street a message that the united states of america is deadly serious about dealing with the long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we go forward. we do it, david, in a way that doesn't turn our backs on the history we...
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is a washington holding everything back. he spent $1 trillion on the stimulus that did not succeed. we are hovering on the edge of the second recession. what he is, i suppose, going to bpropose is the second mini- stimulus. government does not create jobs, it killed them. part of the problem we have is the blanket of regulation over america, especially in energy, the saudi arabia of gas and coal, epa, and a moratorium on drilling elsewhere has killed an industry that has potential to hire a lot of people and reduce our dependence on outside sources of energy. .> colby, quickly >> are you finished? >> now, if you would like, i disquisition to complete, but i will yield the floor. >> thank you very much, charles, for that. i have heard a lot of it before it from you, but it always sounds good. >> changing field for republican presidential hopefuls. >> making sure we have a candidate that can be barack obama in november is the most important thing we do. >> we are going to make barack obama a one-term president. >> texas gov. r
is a washington holding everything back. he spent $1 trillion on the stimulus that did not succeed. we are hovering on the edge of the second recession. what he is, i suppose, going to bpropose is the second mini- stimulus. government does not create jobs, it killed them. part of the problem we have is the blanket of regulation over america, especially in energy, the saudi arabia of gas and coal, epa, and a moratorium on drilling elsewhere has killed an industry that has potential to hire a lot...
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and he is known in washington as mr. healthare, and he had been involved in all sorts of health care legislation for a couple of decades. and he tried very hard to influence the... the white house, and initially was an ally of the health care plan, but then in the end, worked... was one of those who worked to kill it. >> and this fellow. >> the other one is paul equale, who does represent the indendt insurer...nsance agents of america, and he, as the second picture shows, was once a mcgovernite with long hair and facial hair, and has evolved over his time in washington to the point where he deals at least as easily with republicans as with democrats, which is what lobbyists have to do. they have to go with the flow. and equale told us, he said, "you know, the one thing nice about being a lobbyist is that when catastrophic events like the 1994 election take place, thlobbyists watcthe trains carrying the dead away fm washington and wave good-bye, and they're still there to fight another day." >> whyid you pick this man as
and he is known in washington as mr. healthare, and he had been involved in all sorts of health care legislation for a couple of decades. and he tried very hard to influence the... the white house, and initially was an ally of the health care plan, but then in the end, worked... was one of those who worked to kill it. >> and this fellow. >> the other one is paul equale, who does represent the indendt insurer...nsance agents of america, and he, as the second picture shows, was once a...
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with thanks to the jones day lay firm for this window in washington, i'm scott pelley. for all of us at cbs news, good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >>> your realtime captioner is linda marie macdonald. [ sirens ] >> that's the noise we hear all day. the ambulance, the fire trucks, and the high-speed chases. >> a neighborhood so dangerous, it's nicknamed the kill zone. why some hope a party will help fight the cycle of violence. >>> camera set up in the plan? >> mm-hm. >> another disturbing twist in the jaycee dugard kidnapping case. for the first time, we are seeing how far nancy garrido went to satisfy her husband's desires. >>> i just don't understand how they could do that to me. >> discharged and dumped. why more and more nursing homes are gi
with thanks to the jones day lay firm for this window in washington, i'm scott pelley. for all of us at cbs news, good night. captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >>> your realtime captioner is linda marie macdonald. [ sirens ] >> that's the noise we hear all day. the ambulance, the fire trucks, and the high-speed chases. >> a neighborhood so dangerous, it's nicknamed the kill zone. why some hope a party will help fight the...
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s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise the two sides, isn't that part of the problem? >> let me first say, both political parties are responsible for the mess we have now. this is not a republican or democrat-only problem. i would argue that over the last couple of years, we've gone deeply in the wrong direction. the kind of compromise you need to actually fix the structure of our debt, like the gentleman just said previously entitlements. our partners on the other side of the aisle the president and senate have been unwilling to put a plan out there to address entitlements. specifically health care of the president created t
s&p condemned the political disfunction here in washington. the gridlock in washington. let's put up what they said: the political brinksmanship of recent months highlight was we see as america's governance and policy making becoming less stable, less predictable than what we previously believed. no question that if they had passed your budget, that that would have vol -- would have solved the debt problem. the cans are they weren't going to balance your budget. the failure to compromise...
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washington. before we get to the economy we want to bring you the latest on that terrible store arery out of afghanistan. insurgents shot down a u.s. military helicopter, killing 38. including 22 navy seals from the same unit who took down osama bin laden. conor powell has more from kabul. conor? >> chris, this is a devastating blow to the small tight knit community of special operations forces here in afghanistan. the single deaiest day for american troops since the war started nearly ten years ago. the military is still investigating the cause of the crash but the taliban were quick to claim responsibility saying they shot it down with a rocket propelled grenade. it appears that the force was beginning to launch a raid on a taliban compound in the province just southwest of kabul when the taliban rocket did take this helicopter down. now, in recent months the u.s. military here in kabul has been found of saying that they wrestled the momentum away from the the taliban but this attack, this very
washington. before we get to the economy we want to bring you the latest on that terrible store arery out of afghanistan. insurgents shot down a u.s. military helicopter, killing 38. including 22 navy seals from the same unit who took down osama bin laden. conor powell has more from kabul. conor? >> chris, this is a devastating blow to the small tight knit community of special operations forces here in afghanistan. the single deaiest day for american troops since the war started nearly...
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there's a sense in washington that everything revolves around washington. it's always been about the economy. and it's going to keep being about the economy. if there's a bright lining, and a silver lining, and there's not really one, is most of the problems in the stock market are about europe and other places. >> cornell, for president obama, this is a huge issue. he's been talking about a big job push. how much can he really do? i mean, where do you see him going with this? >> well, i'm going to agree with my friend, erick, before i attack him. the thing is, you know, we've been focused for the last month on deficit and cuts. we did that and joe blow middle america scratched their head. they're worried about putting gas in their car. however, we've been focused completely on the deficit and not jobs and the economy because of the tea party element, sort of used the debt ceiling as a hostage-taking maneuver, in order to focus on the deficit. and the bottom line is, the deficit hasn't laid off one worker. the deficit hasn't closed one factory and shipped i
there's a sense in washington that everything revolves around washington. it's always been about the economy. and it's going to keep being about the economy. if there's a bright lining, and a silver lining, and there's not really one, is most of the problems in the stock market are about europe and other places. >> cornell, for president obama, this is a huge issue. he's been talking about a big job push. how much can he really do? i mean, where do you see him going with this? >>...
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bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a growth plan very clearly. number one, we have to deal with this debt and deficit and send wall street and the marketplace a message that the united states of america is deadly serious about dealing with this long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we grow forward in terms of our debt and deficit. but we do it, david n a way that doesn't turn our backs on the histories that we've created where we know how to do this without cutting off our job creation and our economic future. in the 1990s, we balanced the budget. we did it without a constitutional amendment. we balanced the budget, created 21 million new jobs, and we put ourselves on a glide path to pay off our debt for the first time since andrew jackson by next year. that changed when we went into credit card debt, two wars, two tax cuts, we couldn't afford them. boom. you have $6. some trillion of the debt goes to george bush, 2.4 to obam
bottom line is, what is a growth plan for washington that washington can actually execute on? >> i'll give you a growth plan very clearly. number one, we have to deal with this debt and deficit and send wall street and the marketplace a message that the united states of america is deadly serious about dealing with this long-term structural debt. that means putting a plan on the table, 4 trillion plus, if necessary, that lays out how we grow forward in terms of our debt and deficit. but we...
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to compel washington to act. that ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that's what i intend to do and i look forward to working with congress to make it happen. thank you very much everybody. >> a little before president obama spoke at the white house, senate democratic leaders spoke with reporters at the capitol about the final debt ceiling agreement and they said the legislation was not perfect but will avert economic disaster. >> the debate was long and it wasn't easy. for weeks the american people have watched and wondered whether congress can get its job
to compel washington to act. that ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that's what i intend to do and i look forward to working with congress to make it happen. thank you very much everybody. >> a little before president obama spoke at the white house, senate democratic leaders spoke with reporters at the capitol about the final debt ceiling...
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on the "washington journal." caller: yes, sir. you are asking questions about where people are putting the blame. the blame goes directly on the republican party and their stated mission of the only thing that they're worried about is on seating president barack obama. this credit crisis that we just recently went through, that is clearly being dictated to them from people like grover norquist, whoever is and what every it does. they're more worried about their pledge to him than they are this. as long as you have a conflict for thet, it's possible -- it is impossible for the republican party to manage their rahm business. when they are not even able to manage their own business, how are they going to manage the business of united states government, especially when they are in the majority in congress right now, not in the house senate but in the house? host: we will move on to joe in long beach on all line for independents. caller: that caller from massachusetts to call for to talk about the great society, he na
on the "washington journal." caller: yes, sir. you are asking questions about where people are putting the blame. the blame goes directly on the republican party and their stated mission of the only thing that they're worried about is on seating president barack obama. this credit crisis that we just recently went through, that is clearly being dictated to them from people like grover norquist, whoever is and what every it does. they're more worried about their pledge to him than they...
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in washington. before we get to the economy, we'll bring you the latest on the terrible story out of afghanistan. insurgent shot down a u.s. military helicopter saturday killing 38 including 22 navy seals from the same unit that took down osama bin laden. fox news correspondant conner powell has more from cabble. conner? >>reporter: chris, this is a devastating blow to the small tight-knit community of special operations in afghanistan. it is a single deadliest day for american troops. the military is investigating the cause of the crash. the taliban were quick to claim responsibility saying they shot it down with a rocket-propelled grenade. the force was beginning to launch a raid in taliban compound southwest of kabul when the taliban rocket did take the helicopter down. in recent months, the u.s. military has been fond of saying they wrestled the momentum from the taliban. but this deadly attack is all the more evidence that the taliban are capable of launching attacks against the u.s. and afghan
in washington. before we get to the economy, we'll bring you the latest on the terrible story out of afghanistan. insurgent shot down a u.s. military helicopter saturday killing 38 including 22 navy seals from the same unit that took down osama bin laden. fox news correspondant conner powell has more from cabble. conner? >>reporter: chris, this is a devastating blow to the small tight-knit community of special operations in afghanistan. it is a single deadliest day for american troops....
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that ought to compel washington's to cooperate and washington to compromise and it ought to compel washington to act. it ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that is what i intend to do it by looking for work to working with congress to make it happen. thanks very much, everybody. [inaudible conversations] >>> the senate foreign relations committee heard testimony from robert ford, the obama administration's nominee to be the u.s. ambassador to syria. mr. ford, who served in the position and a nation grieve role since december, 2010 is still awaiting a vote on his confirmation by the senate. his testimony is about 45 minutes. >> we will start our second panel, and mr. ford, i know before i arrived here you have an opening statement. but i will do is i will present an opening statement and then we can go right to questions. am i correct -- >> yes, senator, that is correct. >> thanks so much. thank you everyone. i know we are moving to the second panel o
that ought to compel washington's to cooperate and washington to compromise and it ought to compel washington to act. it ought to be enough to get all of us in this town to do the jobs we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that is what i intend to do it by looking for work to working with congress to make it happen. thanks very much, everybody. [inaudible conversations] >>> the senate foreign relations...
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they're trying is there one person in washington turned it creative destruction in the middle east to upset the chess board and make sure that in fact what has been happening since two thousand and one is many of these arab countries are fed up with washington's militarization of the middle east are fed up with the mess in iraq they're fed up with the heavy handedness that's coming out of washington and they're looking to china they're looking to russia they're looking to the european union for an alternative to the dollar and that i think is why we're seeing all this right now and yes if saudi arabia blows it's going to be ok we're going to jump in on this i want to go to a break rafter a short break we'll continue our discussion on oil and global economic state with our chief. was in the region. from a little bit of a few centimeters to this. goes to the on the rich. if the cold war still gets people hyped up. her ancient tribe fights to save its culture. where cranes are protected in the first official nature reserve. should close up on the party. it used to be an ideal place for a
they're trying is there one person in washington turned it creative destruction in the middle east to upset the chess board and make sure that in fact what has been happening since two thousand and one is many of these arab countries are fed up with washington's militarization of the middle east are fed up with the mess in iraq they're fed up with the heavy handedness that's coming out of washington and they're looking to china they're looking to russia they're looking to the european union for...
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here's i-95 in washington, d.c. the shake would be really on the west end of richmond, virginia, to the east of charlottesville. that's where 5.8 is a very strong shake. we're talking about something in california that would really bring some buildings down. i can assume, and i think you all can as well, there's going to be some damage here, either whether it's to buildings, it might be the structures, infrastructure, including some of the bridges and overpasses will all have to be inspected west of richmond on i-64 as a pretty big shake. . we still have the depth. back up here. this is all real time. this is literally just coming in. depth of only 3.7 miles. that is a shallow quake. that means that you don't have a lot of padding. you don't have, let's say, a 20 mile or 30-mile padding of rocks that maybe won't -- shakes a lot down here but not at the surface. when the surface and the shake is only 3.7 miles away, that was pretty good. go ahead, dave. go on the magic one. see what we have here for you. there you go
here's i-95 in washington, d.c. the shake would be really on the west end of richmond, virginia, to the east of charlottesville. that's where 5.8 is a very strong shake. we're talking about something in california that would really bring some buildings down. i can assume, and i think you all can as well, there's going to be some damage here, either whether it's to buildings, it might be the structures, infrastructure, including some of the bridges and overpasses will all have to be inspected...
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that's exactly what happened at the march on washington. and actually i should say something on that point. even though he would ask his aides to do -- to do drafts for him on pretty rare occasions, he would also -- his aides would also rework material that they had heard king use before. so it wouldn't be like, you know, someone writes something and then king just takes it. if you've ever done any speechwriting it's something that you tend to do and you hear something the principal says and you think of another way to reword it and then king would say -- king would see it and he would like some of it and he wouldn't like other parts and he would take what he could use and reform late it and jettison the rest. we have time for one more. yes. >> i wonder if you could comment on any relationship or communication that dr. king might have had with president kennedy? >> absolutely. there were a fair number of t m them. king, just thinking back to the june 1963 speech that i mentioned a year ago in response to the question about president kennedy
that's exactly what happened at the march on washington. and actually i should say something on that point. even though he would ask his aides to do -- to do drafts for him on pretty rare occasions, he would also -- his aides would also rework material that they had heard king use before. so it wouldn't be like, you know, someone writes something and then king just takes it. if you've ever done any speechwriting it's something that you tend to do and you hear something the principal says and...
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the "washington post" is dead right. you can't look at individual stock prices, we could be up 500 today, down 500, but ultimately, this is all because of people who are betting against the market, betting with it, but the direction is down, not up. its direction is down because of no confidence in washington. >> let's just recap what we have lost in the last couple weeks of this down market. just give me the big numbers. >> well, $8 trillion, one number that's floated around, where we are right now, obviously it changes minute to minute. if we don't get something coming from next week, from the foreign ministers, from the big finance ministers in germany and italy, we'll revisit exactly the levels we had earlier this week. andrea, the situation has to do with a lot of, in this country, belief that what happened with that debt ceiling has made it so we're just so dysfunctional that consumers aren't spending. we are literally seeing consumers cut back. lots of corporations are cutting back. just because they feel that thi
the "washington post" is dead right. you can't look at individual stock prices, we could be up 500 today, down 500, but ultimately, this is all because of people who are betting against the market, betting with it, but the direction is down, not up. its direction is down because of no confidence in washington. >> let's just recap what we have lost in the last couple weeks of this down market. just give me the big numbers. >> well, $8 trillion, one number that's floated...
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the only solution to this equation in washington is active citizens keeping washington accountable. redstate.org is the leading place for doing that, so thank you. niki caylee is one of the most inspiring politicians we have in this country. -- nikki haley. i also want to talk about the congressional delegation. you have five republicans in the house from the state who are among the best congressman we have in washington, d.c., right now. [applause] eric preference the scorecard that we are publicly releasing in 10 states. let me lifted the lid on it for second. first, you would not believe the crying and gnashing of teeth that happens in washington when you do a score card. you may remember back in february that the house passed hr-1 which was an historic spending cut. [laughter] in addition to that, there were 23 amendments that were voted upon to cut spending further. let's take spending back to 2006, said the one from north carolina. we put out a report card on those votes. we said years the percentage of the 23 votes to further cut spending that each member of the house voted f
the only solution to this equation in washington is active citizens keeping washington accountable. redstate.org is the leading place for doing that, so thank you. niki caylee is one of the most inspiring politicians we have in this country. -- nikki haley. i also want to talk about the congressional delegation. you have five republicans in the house from the state who are among the best congressman we have in washington, d.c., right now. [applause] eric preference the scorecard that we are...
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i think the downgrade was a wake-up call to washington. think washington is going o listen. when we get together, i think there will be a different attitude. there is nothing to sharpen up a politician like next year's election. >> greta: i'm not sure i agree it was a wake-up call. if it was they would have stayed and worked. [ unintelligible ] this really is an urgent matter to those who don't have jobs who worry about putting food on the table. is not something that can be put off until september. it is not that easy for a lot of americans. now they should come back and send a message. there's a lot to be done. i don't think it is a wake-up call if you continue to put it off. >> greta, the world is very different today than i was one week ago when the decision was made to begin the recess. at that time, we were told by a lot of the leaders in washington that don't worry, we passed the deal, it is going to be good enough, nothing is going to happen. a lot has changed in one week. >> greta: you should stick around we'll have a segment on the dodd-frank bill supposed to be th
i think the downgrade was a wake-up call to washington. think washington is going o listen. when we get together, i think there will be a different attitude. there is nothing to sharpen up a politician like next year's election. >> greta: i'm not sure i agree it was a wake-up call. if it was they would have stayed and worked. [ unintelligible ] this really is an urgent matter to those who don't have jobs who worry about putting food on the table. is not something that can be put off until...
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that uth to compel washington to compromise. and it ought to compel washington to act. that ought to be enough to get all of us in this town to do the job we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that's what i intend to do and i'm looking forward to working with congress to make it happen. thanks very much, everybody. >> president obama and the -- in the white house rose garden this afternoon remarking on the 74-26 vote in the senate moments ago improve -- approving the measure increasing the nation's debt limit. the house passed the bill yesterday, 269-161. the president focusing on the bipartisan compromise needed to reach agreement on the bill and a jobs agenda. he's expected to sign the debt agreementfood. a lot of events related to the agreement in the senate on the debt ceiling. we are going to bring those things to you. we'll hear from house minority leader nancy pelosi in a few moments, senate republicans scheduled to speak at 2:00 p.m. eastern. right now, comments from senate democrats f
that uth to compel washington to compromise. and it ought to compel washington to act. that ought to be enough to get all of us in this town to do the job we were sent here to do. we've got to do everything in our power to grow this economy and put america back to work. that's what i intend to do and i'm looking forward to working with congress to make it happen. thanks very much, everybody. >> president obama and the -- in the white house rose garden this afternoon remarking on the 74-26...
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all right it's monday august eighth four pm here in washington d.c. i'm laurin lister and you're watching our t.v. so the stock market is taking a plunge today what is going on and where is this headed this being the global economy of the u.s. economy will first the obvious let's look at the u.s. lost its aaa credit rating on friday was downgraded by standard and poor's late friday the ratings agency also downgraded mortgage giants fannie mae and freddie mac. today it inspired these mainstream media headlines across the country in response markets brace for downgrades told. how bad will it get markets react to debt downgrade anxiety shakes global markets was another right there all of this coming out as a downgrade happened leaders try to calm fear in markets so that's how the mainstream media responded now the stock market has responded to it's taken a plunge but how much does this actual downgrade matter how much of it is a response to what this ratings agency it is really why the markets are plunging well investor and author john rogers says no tha
all right it's monday august eighth four pm here in washington d.c. i'm laurin lister and you're watching our t.v. so the stock market is taking a plunge today what is going on and where is this headed this being the global economy of the u.s. economy will first the obvious let's look at the u.s. lost its aaa credit rating on friday was downgraded by standard and poor's late friday the ratings agency also downgraded mortgage giants fannie mae and freddie mac. today it inspired these mainstream...
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. >>> the art of compromise is a deal that washington hates. on opposite sides of the battle is mark zuckerman and grover norquist. what do you believe about the tax increases? >> well, there should have been tax increases if only for a political matter, because everybody in the country seems to have to be participating in what i call shared sacrifice and that is how to get it done and also a bipartisan deal, and if anything gets done, both parties have to assume responsibility for it. that was lost. there was a moment there when boehner came to the president had $800 billion in tax, the elimination of what i would call tax expenditures or whatever you want to call it, all of the special deals built into the tax code that so distort the economy, and that money was going to go to rationalize the tax code, and i think that would have been a real stimulus to the economy, but the president frankly introduced another $400 billion request for tax increases and blew the deal out of the water. so lousy leadership on both sides as far as i'm concerned.
. >>> the art of compromise is a deal that washington hates. on opposite sides of the battle is mark zuckerman and grover norquist. what do you believe about the tax increases? >> well, there should have been tax increases if only for a political matter, because everybody in the country seems to have to be participating in what i call shared sacrifice and that is how to get it done and also a bipartisan deal, and if anything gets done, both parties have to assume responsibility...
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from washington, where a debt deal has been reached, to prevent the first government default in u-s history. president obama made the an we begin with breaking news from washington where a debt deals that been reached to avoid the first government default in history. president obama made the announcement in the first hour. >> reporter: just about an hour ago in washington, president obama announced there is a deal between congressional leaders and himself and he encouraged congress and the public to get behind it. he said he doesn't love it. that he would prefer to have revenues on the table but importantly he said this is a long-term deal which mean we've won't be back here at the negotiating table as a country until 2013. that was critical for the president. >> most importantly it will allow us to avoid default and end the crisis washington imposed on the rest of america. it ensures also we will not face this same kind of crisis again in six months or eight months or 12 months. and it will begin to lift the cloud of debt and the cloud of uncertainty that hangs over our economy. >> reporte
from washington, where a debt deal has been reached, to prevent the first government default in u-s history. president obama made the an we begin with breaking news from washington where a debt deals that been reached to avoid the first government default in history. president obama made the announcement in the first hour. >> reporter: just about an hour ago in washington, president obama announced there is a deal between congressional leaders and himself and he encouraged congress and...
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up next, did washington take its eye off the ball on what really matters? >>> and still to come, how much of a toll has this debt ordeal taken on president obama politically? he's trailing mitt romney in pennsylvania to this usually overrated battleground state. could it be in play for 2012? and if it is, the president is in big trouble. first, a look ahead at the president's schedule. nothing on there yet about some sort of signing deal or statement after the senate vote, but, you know what, don't be surprised. this is my band from the 80's, looker. hair and mascara, a lethal combo. i'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. but when she got asthma, all i could do
up next, did washington take its eye off the ball on what really matters? >>> and still to come, how much of a toll has this debt ordeal taken on president obama politically? he's trailing mitt romney in pennsylvania to this usually overrated battleground state. could it be in play for 2012? and if it is, the president is in big trouble. first, a look ahead at the president's schedule. nothing on there yet about some sort of signing deal or statement after the senate vote, but, you...
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hey tom are in here broadcasting live from washington d.c. coming up today on the big picture of. the world. bringing you the latest in science and technology from around the world. the future covered. download the official policy allocation your money phone called touch from the i.q. sampson. like. video on demand. for old girls and r.s.s. feeds now in the palm of your. machine. called. the a. lead. hello and welcome to cross talk i'm peter lavelle the u.s. federal reserve has met and decided little as the global economic recovery slows now it's time for congress and the president to take things from there given the deadlock in washington and the debt crisis in europe is there any reason for optimism. lead. to cross the prospects for the global economy i'm joined by martin henniker in hong kong he's an associate director at the tight group in warsaw we have patrick young he's the executive director at divi advisors an editor of the gathering storm and in washington we crossed again you mitchell he's a senior fellow at the cato institute all right gentlemen this is crosstalk that
hey tom are in here broadcasting live from washington d.c. coming up today on the big picture of. the world. bringing you the latest in science and technology from around the world. the future covered. download the official policy allocation your money phone called touch from the i.q. sampson. like. video on demand. for old girls and r.s.s. feeds now in the palm of your. machine. called. the a. lead. hello and welcome to cross talk i'm peter lavelle the u.s. federal reserve has met and decided...