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tv   [untitled]    August 2, 2011 12:49pm-1:19pm PDT

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now. they take the restaurant and keep pushing it out, pushing it out. eventually they ran out of dock -- water. >> you've been to the restaurant. >> i have. i've been to hippy hollow. don't look that up. that was in my youth. >> thanks so much. coming up next here, nfl star breaking his silence. >> i have a dream home. my house is beautiful. we have two nice cars. but with all that said, i haven't enjoyed not one part of it. >> what is miami dolphins' wide receiver bran dal marshal talking about? he's opening up his personal battle with borderline personality disorder. it has a lot of you talking. it's been trending. we want to get more on this with what's called bpd. that's the acronym. what is it? could someone you know have it? we're going to break it down coming up after this break. can i have some ice cream, please ?
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>> time now for the "help desk." joining me now is the executive edit editor, thank you for coming in. appreciate it. first question comes from florida. we are not yet into foreclosure and hope to go right into a short sale. are our 403(b) retirement accounts safe from irs and creditors in a short sale? if not, can we protect them by rolling into one or more iras? >> a 401(k) and 403(b) is some of the most protected assets you
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have. after this process is over with, i would roll them over into an ira. some 401(k)s, the company is actually charging you to manage that money. there's no need for that. invest in index funds. i'm an index fund fan. but right now, keep it out of the hands of anybody. it's one of the few places where even if you're sued, they can't such it. >> really? very interesting. and your question, ryan, comes from kate. she write, i'm 54 and unemployed. my husband is 63 and may work for a few more years. should we withdraw money from our retirement account to pay off our mortgage? >> working for a few more years. what's the big rush on taking money out just to take down an advance for your mortgage. take the time to get those tax deductions and get that tax deferred savings to grow as many years as possible. the retirement fund, 401(k), 403(b) or ira, one of the most beneficial ways to accumulate savings and put into a mortgage
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account and pay off your mortgage would probably be irresponsible at this point in time. >> don't rush into it because you want to get it paid off? >> exactly. >> sthank for the advice. as always, if you have a question you want answered, just send an e-mail to cnn.com.
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an nfl football star has come out and said yes, he suffers from a syndrome known as borderline personality disorder. the miami dolphins wide receiver. ever since his disclosure, yahoo searches for bpd have spiked. with more than 62% of the
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searchers being women. we were just talking about this round and round in our editorial meeting. what is it? do we know someone who has it? >> it's interesting. it doesn't surprise me there were a lot of searches because people don't really know what this is, even though it really does affect a lot of people. so borderline personality disorder is when someone has a lot of outbursts and impulsive behavior. they're angry, they're depressed. they're anxious. they're irritable. they're very volatile and you sort of don't quite know what they're going to do next. as you can imagine, this interferes with their professional life and their personal life. >> how as it specifically interfered with marshall's life. >> it is known, there was reportedly an altercation between him and his wife earlier. so that may be one way it's manifested itself. he had a press conference where he talked about how it affected his life. so let's take a listen to that. >> i have a dream home, my house is beautiful. my wife did a great job putting our house together, finding the right house for us. we have two nice cars.
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we have three beautiful dogs, but with all that said, i haven't enjoyed not one part of it, and it was hard for me to understand why. >> kudos to him. >> right, to come out like that. as part of understanding why he's got treatment outied of boston in hospital. >> how do you treat bpd. >> the first line is psychotherapy. the doctors tell us, this is not something that you do drugs first. you talk it out first and then often drugs are used sort of to help along things like anti-anxiety drugs or anti-depressants. and as part of his treatment actually, he has taken part in documentary. there's clips on youtube of the documentary. he really wants to get the word out. he really wants to get it known. . >> how does this compare toby polar. >> right. it's very easy to confuse the two. bipolar you are way up and way down. so you're elated at one point
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and then you're extremely depressed. those moods can last for months. you can be really down in the dumps, can't get out of the bed for months 'then be sure you have the cure for cancer for months. bpd, it's much 140r9er. you're angry and it's just hours. then you're depressed. then you're irritable. it's much more volatile. >> he's come forward and has what so much of us perceive this dream life and he hasn't been able to enjoy a lick of it. >> he says i can't feel any of it. that feels so painful. >> elizabeth cohen, thanks for talking about it with me. now coming up, we are learning some chilling new details today on exactly what happened to this man. this is brian stow. earlier this year at an l.a. dodgers dame. -- game. he now suffers brain damage. police finally have these two guys, these two suspects and the l.a. district attorney's office is laying out its case much more on the story coming up a little
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later this coming hour, including the sudden death of a key witness in this case over the weekend. we're back in a moment. also we're watching the closing bell on wall street. a huge plunge today. the dow down 241 points. be right back. ♪ ♪ ♪ introducing purina one beyond a new food for your cat or dog. at exxon and mobil, we engineer smart gasoline that works at the molecular level to help your engine run more smoothly by helping remove deposits and cleaning up intake valves. so when you fill up at an exxon or mobil station, you can rest assured we help your engine run more smoothly
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listen to this, 77% of americans think their lawmakers have acted like spoiled children and after all this bickering
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over the debt deal, america's credit rating could still be downgraded. half a million children are starving and terrorists are keeping them from leaving. now the u.s. is making moves in the fight against al qaeda. a baseball fan targeted, chased down, beaten into a coma. now stunning new twists in this case, including the sudden death of a key witness. he is one of america's most notorious serial killer, but a new discovery could lead investigators to possibly more victims of ted bundy. sunny hostin is on the case. and just weeks before the 9/11 memorial opens, construction coming to a sudden halt. find out why workers are walking off the job.
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here we go, beginning with hour two, breaking news. let's take a look at the big board. there may be a deal done and this bill is signed by the president. i'm talking debt ceiling. but you can see the numbers, the dow taking a huge plunge, down 265 points on this tuesday afternoon. alison kosick live at the new york stock exchange. allison, what do you make of this? >> an ugly day today. this had a lot to do with what the broader economy is doing. the nasdaq off 2 3/4%. really just an awful day. we're below the 12,000 mark, the psychological marker for the dow as well. things just went south from there. why do we see this selloff? i tell you, we've had a series of down beat reports starting with friday. we we had a very weak gdp report, showing there's little growth here in the economy right now. we also had a weak manufacturing report. and what spooked investors today was a report showing consumer
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spending fell for the first time in two years, that americans are essentially socking away more money. they're saving more money for a rainy day because they don't know where the economy is headed. this, of course, all spooked investors. also one more thing to point out. the s&p 500 is at negative now for the year. you know what, brooke, our 401(k)s closely mirror that s&p 500 index. don't look at your portfolios tonight, brooke. >> alison kosick, thanks for the latest numbers there. huge plunge in new york. but let's talk washington. the nation, heck, really the whole world. they just exhaled this afternoon, because the threat of default has now passed. the president, barack obama, within just the past 90 minutes or so signed the debt-reducing debt ceiling extension. joining me now from capitol hill, robert mendez, democrat of new jersey. he voted against the debt ceiling deal today, one of 26
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nay votes on the senate floor. it's nice to have you on. let me just begin with why no, why did you vote no? >> well, first of all, brooke, it's a contrived crisis that we've never had before, never had a condition to raise the debt ceiling based upon spending cuts or anything else. but more importantly, i look at this in a way in which i am concerned that the way this is structured, that the short-term cuts, as many economists have said, could very well create us to tip back into a recession instead of creating the jobs that we want to see, and secondly, that the cuts, as they are defined right now are on the backs of soldiers, students, seniors, but the wealthiest people in the country, those who fly corporate jets and big oil, they don't have to dig into their pocket for one cent more to help out the nation. >> there's been a lot of talk and criticism about the tea party-backed republicans who really held these talks hostage. did these republicans just essentially school washington in
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the art of negotiating? in other words, senator, how to go to the mattresses and get what you want. >> the problem is we've set a precedent where a small university of people dictating to their leadership and their leadership succumbing to it and forcing one of the two houses of congress to either default or accept their terms. and i have understand the president's challenge in that, but if that's going to be the way in which we move forward in terms of governing, then we have some difficult days ahead, because that's not about compromise. that's about capitulation. and the majority of the american people in every poll i've seen, including at cnn's has said they want a shared sacrifice. this is no way shared sacrifice. >> well, we heard a lot from the president with regard to shared sacrifice. i heard that phrase yet again when he was speaking from the rose garden this morning. do you think he just played a
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bad hand? is he just a lousy negotiator for your side? i mean, i was you can thatting to jessica yellin at the white house and she said the closer was really the vice president and mitch mcconnell talking. >> well, i just think that the circumstances are such that we had these choices. i would have much earlier on created, two months ago, created a clear line in the sand that could not be passed and that meant either raise the debt ceiling and if you insist on cuts, there has to be revenues with it at that time and explain to the american people the choices. and secondly, that instead of waiting for the final hours. and in reality, many of us argued that when we had the tax debate last december on the bush tax cut, that was the moment to include the debt ceiling as part of the deal because republicans wanted the tax breaks for the wealthiest people in the country as a critical part of what they wanted to see happen last december. we wouldn't be in this position today. having said that, what i'm really worried about brooke, as
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we move forward, the commission that this law calls for, what it will do. and since republicans said they will include no revenues in it from their members who they're going to appoint, which means big oil keeps getting tax breaks, those who use tax havens get tax breaks, ethanol gets tax breaks. everyone gets tax breaks but not the average american. >> it's either tax increases or a lot of cuts from defense, which republicans, including one republican senator i talked to last hour, you know, they don't like to hear that either. but i do want to talk about the fact that you are about to go on recess. some may call it a much-needed time-out. what kind of mood, senator mendez do you expect among your fellow democrat whence you come back to washington? will your side be smarting? >> well, i certainly hope that the focus of what we do is a jobs agenda. i talk to people in new jersey and they tell me, senator, i
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want to get back to work. i want to take care of my own family. and certainly, i want them to get back to work. when they have work, not only do they take care of their own families and hopes and dreams and aspirations, but they have money to spend in this economy to buy goods, guy services, that creates jobs for others. that needs to be the singular focus. i'm concerned what we pass today doesn't necessarily give us the wherewithal to have that singular focus. i hope when we come back in september that that will be the focus of this congress. >> thank you so much. i appreciate you talking to me. and from washington to new york we go. my next guest is the founder of the website 538.com and he's taken his knack for statistics and applied it to politics. he's now blogging for "the new york times." nate, i've been reading your blogs. good to have you on, by the way. i know you blogged yesterday, the dut reduction deal isn't as bad for the president and the democrats as most people feel.
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you say it's pretty bad, rather than terrible in your blog. how so? >> you mention the defense cuts. about half of the cuts come out of defense, security, whatever you want to call it. also the fact that the cuts are pretty back loaded. you don't have a lot of a drag on 2012, where you only have about $25 billion coming out of the economy. but there will be problems potentially in 2013 will have 2014. one reason the markets might be worried today is there's a recession threat both in the near term with some of the horrible indicators we've seen as well as the medium term and the deal makes that probably worse on fwal lance rather than better. >> you mentioned the military cuts here, with a willingness to cut the military and potentially cut it by a lot. i know you know the in um bers. do you sense a change in the republican republicans' on the military? >> this is what happens when you want to get deficit reduction. there's not a lot of fat in the
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discretionary budget except in the pentagon. in the military. so if you're not willing to touch entitlements or touch revenues, then there's not much way around that. and it's not meant to be something republicans are happy about. it's meant to maybe motivate them to consider tax increases, which what people in the public want. targeted tax increases. but i'm sure we'll have more nasty fights between the parties and within each party in the next round of negotiations in the fall. >> but in this initial bill, as you very well know, there are no tax increases, which definitely perplexed and per teshed members of the president's party on the left. right? and sop what about the president and his base sni mean, do you think he's left them in the lerch one too many times now, nate? and what can he tell them to try to win members of his own party back? >> remember in 2004, we had a country that was upset with the way things were going. you had a contest of turnout.
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bush got his party to turn out. that base is really important to obama. with that said, i think a lot of democratic voters will be scared enough of what republican governments will mean that they will turn out grudgingly and vote for obah. ma. they might not donate, they might not knock on door. but i don't think he's in danger oof a primary challenge or something like that. at the same time, the republicans have problems in their base. tea party voters were not terribly happy with that deal in their poll whereas moderates might have a different set of object i haves. some 340d rat republicans don't mind some type of tax increases. they have a big philosophical debate in the party. you have the presidential primary going on, but the whole thing is a mess. no one has come out of this looking good at all. congress's approval rating is 14%. the president's is about 42% right now. both record lows for the president and the lowest number since the '70s for congress.
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so it's really, you know, voters -- >> they've got to turn it around. >> they do. and with the economy being as bad as it is, it's going to be hard to do that in the near term. . >> right. and that's why we hear the president talking jobs so much. so many times the election is just a referendum on the economy. nate, come back on. it's good talking to you. thank you so much. coming up, a legend, a musical legend will join me live. willie nelson. willie nelson, yes, indeed. you heard me right. he's weighing in on the debt battle and he has something to say to our lawmakers including what normal americans are really worried about. don't miss it. >> also ahead, millions of people are on the brink of starvation. you have seen these images of starving children. right now, not only are terrorists keeping them from food, but there are reports that women are being targeted and raped. we will take you to the frontlines in this exclusive report ahead. but coming up next, horrifying in uh details on that attack on
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a fan in dodger stadium and a key witness to the beeting has suddenly died. [ car door closing ] [ man ] ooooch! hot seat! hot! hot! hot!
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[ male announcer ] time to check your air conditioning? come to meineke now and get a free ac system check and a free cooler with paid ac service. meineke. we have the coolest customers. the more we are learning ability the brutal beating of a man, just wearing a san francisco giants t-shirt on opening day at l.a. dodgers stadium, the more this whole thing sounds like a "clockwork orange." a young man leads his friends on ultra violent attacks on unsuspecting strangers. bri brian stow has been in the hospital ever since that march 30 attack. now, i want you to take a look at these. i have them. these are the different papers 245 prosecutors filed for a court hearing for the suspects just yesterday. these were filled in response to a defense motion to reduce the
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main suspect's $500,000 bail. and according to these papers, brian stow was not the only victim that day in march outside of dodger stadium. the main suspect in the case staged four separate assaults outside the parking lot. and police are looking for more possible victims. take a look at the list with me. sanchez allegedly threw a soda on a woman and then had to be stopped from attacking her companion. another example. prosecutors say sanchez ran over to a group of young giants fans after the game and threw a punch at one of them. and another, according to prosecutors the attack on brian stow and his friends happened in two parts. andrew blankstein is covering this for the "l.a. times." one of the lines here that really struck me as part of these documents from prosecutors, and i know you're intimately familiar with. when stow's head hit the ground,
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witnesses heard his head impact the concrete and saw it bounce. this is horrendous. >> well, when you look at the details, it reads out as something that's just a total escalation of violence and just completely brutal. you can understand, given those details how horrific these injuries were. why he's been in and out of a coma. and this has been -- you know, when you look at these details, it shows kind of why this case has sparked so much attention, not only in los angeles, but nationally. >> when we saw this attack happened in two parts, can you explain what happened? >> well, first, they would talk about obviously what was going on in the stadium. and then harassment behavior, throwing a soda on a woman, picking fights there. and then there out in the parking lot, you know, basically
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following this group that included stow and then attacking from behind. obviously the kicking to the head and just a brutal beatdown. >> this sus fect here, louis sanchez, one of two, i should say, his rap sheet goes back to when he was 16 years of age. is that right? >> they have, you know, obviously one of the things that the prosecutors are going to emphasize as they move forward with the case is, you know, the criminal history. and you're exactly right. i mean, he has a long criminal history, and that i ear going to say, especially given some of the earlier circumstances with this case, the fact that there was another suspect that the lapd had focused on, obviously the criminal histories here, the fact that there's not only what they kind of describe as eyewitnesses who saw this, but

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