so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. the blissful pause just before that rich sweetness touches your lips. the delightful discovery, the mid-sweetening realization that you have the house all to yourself. well, almost. the sweet reward, making a delicious choice that's also a smart choice. splenda no-calorie sweetener. with the original sugar-like taste you love and trust. splenda makes the moment yours. >>> welcome back to charlotte. we want to get a quick check on your weather in new york city with bill karins. super humid down there and up here, too, just gross. this morning we're getting drenched in boston northward, a lot of areas of

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. i didn't think it was anything. i had pain in my abdomen... it just wouldn't go away. i was spotting but i had already gone through menopause. these symptoms may be nothing... but they could be early warning signs of a gynecologic cancer, such as cervical ovarian, or uterine cancer. feeling bloated for no reason. that's what i remember. seeing my doctor probably saved my life. warning signs are not the same for everyone. if you think something's wrong... see your doctor. ask about gynecologic cancer. and get the inside knowledge. >>> welcome back. 13 minutes past the hour. u.s. service members will be watching president obama very closely tonight as he caps the democratic national convention. they're waiting to see if he will mention the war in afghanistan. his gop rival, mitt romney did not mention afghanistan at all during his speech last week at the republican national convention. we follow the developments in kabul. have y

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> let's have politics right now. 54 days until the presidential election and today a hearing in the pennsylvania supreme court over the right to vote. thousands of people, maybe hundreds of thousands may not be able to vote this year if the state upholds a law requiring voters to have a government-issued photo i.d. republican lawmakers say they're fighting voter fraud but considering there's little evidence of it in past elections opponents say it's a ploy to keep the poor and minorities who typically vote democratic away from the polls. here's deborah feyerick. >> reporter: for teresa, getting anywhere with the elderly parents is challenging enough. >> put them on your lap. >> reporter: getting them to the dmv for a voter i.d. card which they never needed before is daubting. >> it's a horrible experience. they're not giving people the right to vote if they make it impossible for them to vote. >> reporter: the number of penn

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. >>> from the cnn center, this is "cnn saturday morning." good morning, everyone. i'm randi kaye. glad you're with us. mitt romney riding the momentum of the republican national convention in cincinnati, ohio, today for what his team is calling a victory rally. we are expecting to hear from the presidential candidate any moment now. you can see the rally getting under way already there. >>> while the gulf coast comes to grips with loss and damage from isaac, right now the storm is moving through the midwest. a vicious case of classroom bullying is caught on tape, but what's worse, a teacher accused of taking part and joining in. >>> and first to politics. we are waiting to hear from republican presidential nominee mitt romney any moment now. he's campaigning at

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. >>> from the cnn center, this is "cnn saturday morning." good morning, everyone. i'm randi kaye. glad you're with us. mitt romney riding the momentum of the republican national convention in cincinnati, ohio, today for what his team is calling a victory rally. we are expecting to hear from the presidential candidate any moment now. you can see the rally getting under way already there. >>> while the gulf coast comes to grips with loss and damage from isaac, right now the storm is moving through the midwest. a vicious case of classrm bullying is caught on tape, but what's worse, a teacher accused of taking part and joining in. >>> and first to politics. we are waiting to hear from republican presidential nominee mitt romney any moment now. he's campaigning at wh

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> perhaps you've been driving on the highway before and have seen a police car barreling by you. have you ever wondered if they're out to catch a bad guy or whether they're simply being allowed to go a lot faster than you are? abc's john schriffen tonight with the officers who were caught. >> reporter: high speed chases are nothing new, but this one in miami grabbed headlines because the man behind the wheel of that squad car going 120 miles per hour is an offduty officer headed to his second job. he's about to get busted. >> put your hands out the window! >> reporter: at gun point, florida highway patrol arrested the miami police officer for speeding. >> turn around. turn around. >> all right! >> turn around, right now. >> reporter: but after this video went viral, authorities investigated and found the man was habitual offender. last week, he was fired and charged with reckless driving. this kind of abuse of power may be p

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> perhaps you've been driving on the highway before and have seen a police car barrelling by you. you have ever wondered if they are ought to catch a bad guy or if they are simply being allowed to go a lot faster than you are? abc's john schriffen tonight with the officers who were caught. >> reporter: high speed chases are nothing new, but this one grabbed headlines because the man behind the wheel of that squad car going 120 miles per hour is an off-duty officer h d headed to his second job. he's about to get busted. >> put your hands out the window! >> reporter: at one point, florida highway patrol arrested miami police officer for speeding. >> turn around. >> all right! >> turn around, right now. >> reporter: but after this video went viral, authorities investigated and found lopez was habitual offender. last week, he was fired and charged with reckless driving. this kind of abuse of power may be parodiy eied in movies l

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. my feet and exactly where i needed more support. i had tired, achy feet. until i got my number. my dr. scholl's custom fit orthotics number. now i'm a believer. you'll be a believer, too. learn where to find your number at drscholls.com. >> well, presidential campaigns are supposed to be the greatest show in american politics. infused with big ideas and historical importance and yet after 16 months and enduring a republican primary and two man contest so car with gaffes, rapid fire news cycles, even the best political reporters want the whole thing over with. this is from dylan meyers at politico,.com. are the media getting tired of all this? >> well, they should be. it's just been exhausting and i kept wondering about the 15,000 reporters at these conventions and the stories across america and the world that didn't get covered because they were all worrying about the same, really, silly things because neither party offered us

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. ♪ anything, yes, i'd do anything ♪ ♪ anything for you ♪ and what they said is amazing. review 5-hour energy over 73 percent who reviewed 5-hour energy said they would recommend a low calorie energy supplement to their healthy patients who use energy supplements. seventy-three percent. 5-hour energy has four calories and it's used over nine million times a week. is 5-hour energy right for you? ask your doctor. we already asked 3,000. >> both republicans and democrats we should point out have a challenge, with the approaching storm especially the republicans, nobody can easily foerg the iconic picture of president bush on air force one, looking down at katrina. they're not going to forget that. >> we came here to tampa of course to cover the republican national convention and then the storm through threw the entire schedule up in the air. if the storm rams into the gulf coast with a lot of destruction ab causes and puts

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> in our 2012 issue series, we're taking a deeper dive into some of the key topics in the race for president. what cuts the candidates say they would make to the federal farm bill. >> reporter: mitt romney launched his campaign on a farm. >> and this really is what new hampshire is all about, isn't it? a day like this and a farm like this. >> reporter: president obama spent three days on a bus tour in iowa. >> today, we are here at the c macintosh family farms. >> reporter: most of the key battleground states are farming states and yet, what have you heard from either candidate on the farming bill? >> very little. i would like to hear that they support the the programs that would help us in our bad years. >> reporter: to understand farm politics, first a little on farming. first and foremost, you have to rely on something that's totally unreliable, the weather. then you can spend a fortune growing your crops only to harvest

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. we provide the exact individualization that your body needs. oh, yeah! wow. once you experience it, there's no going back. final days of our biggest sale of the year, and every bed is on sale. queen mattresses now start at just $599. and save an incredible 40% on our silver limited edition bed. only through sunday, only at one of our 400 sleep number stores. >>> welcome back. my conversation with florida dynamic debbie wassermann schultz. it was honest and open. but the vote on these changes created its own set of problems. here is more of my conversation. let's talk about -- >> that's what i'm. >> the delegate parties to reference god and reinstate the language -- let's listen. >> i'll do that one more time. all those delegates in favor say aye. all those delegates opposed say no. two-

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >> just in, the chicago teacher's union deciding not to vote on a contract agreement after hearing details in the deal. now, this means that strike will continue and hundreds of thousands of kids will remain out of school. our steve brown is live in chicago. steve, a news conference there wrapping up. what just happened? >> well, the president carol lewis came out and said her union, the house of delegates, membership of the union, the elected representatives of union did not like the deal on the table. they weren't ready to vote on it yet, but they do want to study this proposal and send it back, walk it back to their constituents, and the other teachers in the union, that were in attendance here today and talk about this. there are two major sticking points still with this particular agreement in the eyes of many folks in the teachers union. one is the evaluation process and two, how the evacuation is applied and whether or

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> official start of the democratic convention. only hours away. but president obama did manage to make one last campaign stop. >> they said, first of all, everything's bad and it's obama's fault. and governor romney knows the secret to creating jobs and growing the economy. the only problem was he kept it secret. >> my colleague, dan lothian is at norfolk state university. dan, first of all, one of the lines that was interesting, there were people who were booing in the audience when they heard about some of the things coming out of romney's camp, his plans and his policies. the president said, don't boo, go vote. how worried are they that they need to drum up, right, they need to drum up and get those folks out to the polls? >> reporter: well, they certainly are trying to get the base fired up. you saw

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> 8:46 a.m., otis airbase, cape cod. tim duffy, a commercial airline pilot for united, was working his second job, on alert, as a fighter pilot with the massachusetts air national guard. duffy, footnote 117, is given the order to scramble his f-15. there is a confirmed hijacking. the order for duffy and his wingman -- take off from this now-deserted airfield. under orders to find and intercept american flight 11. so these were the two hangers? >> yeah. these were cells three and four. they would have jets in all of them, just depending which jets you would need that day. these were the ones armed up. we had hot missile and hot gun so they were all armed up. >> reporter: but the end of this morning, duffy will be asked if he is prepared to use those missiles to bring down u.s. passenger jets. that meant he might be shooting down a plane carrying his united airlines colleagues. >> then gentlemen >> they said be prepared to sho

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >> coming up. is falling off the fiscal cliff the only way to get this number to start falling? someone here thinks so and he'll explain. >> just one more week before lawmakers take off to campaign for the election and still no fix for the the fiscal cliff. and jonas says, great, take the rest of the year off and let the fiscal cliff hit. how come? >> i'm like the fiscal cliff's only supporter. the government has to stop, and balance the budget and the closest we are going to come to doing that with the current government that we have. we need to cut stuff and not that big, a few percent to medicare and i don't think one over 10% and they need. defense is not holy we need to cut that and we need tax increases because they're not going to cut enough. the payroll tax expires, that stinks. it's not a cliff, it's a speed bump and running the deficit next year anyway. >> brenda: jonas is it the not going to get elected to anything,

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> welcome back to "starting point" everyone. issues 2012. now cnn is going in-depth this week into the economic issues facing this country. and today, the federal reserve's new steps to juice our economic outlook. >> the central bank will buy billions of dollars in the mortgage-backed securities. that begins today. and apparently wall street really likes what it heard because investors sent stocks up to the highest levels in five years. >> christine romans breaks this down for us as always. she is joining us here this morning with a box of doughnuts. >> doughnuts! >> for a reason. >> not just because you're being nice. because you're seeing a humongous sugar rush. you've got a big, big boom higher in stock, the economy on a su

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> mitt romney is the guy who said that corporations are people. no, governor romney, corporations are not people. people have hearts. they have kids. they get jobs. they get sick. they thrive. they cry. they dance. they live. they love. and they die. and that matters. that matters. that matters, because we don't run this country for corporations. we run it for people, and that's why we need barack obama. >>> that was massachusetts senate candidate elizabeth warren at the democratic convention. last night her speech was not about her own race. that race would return late senator ted kennedy's seat to the democrats. it is about barack obama and she painted him as a president who is for the people and by the people and unlike the rival mitt romney who she portrayed as out of touch and bent on undoing all o

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so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. . >> per my conversation was open and honest and we spent a lot of time discussing the party's decision to add god and jerusalem to their statement of beliefs. the vote created their own set of problems. here's more of my conversation. >> let's talk about that platform. the delegates had to change the platform to reinsert the language referencing god and recognizing jerusalem. >> i doll that one more time. all those delegates in favor say aye. all those delegates opposed say no. the opinion of the vote in the affirmative, the motion is adopted and the platform has been amended as shown on the screen. >> okay. it's hard for me to tell and i wasn't in the room, but even people who were in the room said you couldn't tell if it was the ayes or the nos. what happened the way that people perceived that the party wanted people to vote was already in the teleprompter. here's the thing. when you talk to democrats off camera, they will

so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. >>> this morning, thousands of people are waking up in storm shelters fearing when they return home, all their belongings will be ruined from isaac. power companies are scrambling to return power to those that lost it. some haven't had electricity for four days. at least four people were killed in the storm. people are looking to clean up and try to move on. with us from new orleans is sam, the regional director for the american red cross. sam, good morning. i bet you have your hands full there. some people's homes still flooded, especially in plaquemines parish. how long are we expecting the water to stick around? >> water is out of some communities. so far, thousands of people have stayed in shelters across the gulf coast. as a matter of fact, shelters are open from florida to texas. this is the effect this storm has caused. the red cross has thousands of volunteers on the ground. now that the storm is passed, we are startin