over the idea anyway. this includes his then and now answer to whether illegal immigrants should get a path to citizenship. one of the founders say those who labeled him an immigrant and a tax cheat are wrong. we begin this evening with an important lesson in attack politics. a plan no matter how controversial or audatious is useless unless someone is willing to bank roll it. at the moment, no one is willing to pay the estimated $10 million price tag to implement this plan. the defeat of barack hussein obama but think again. >> i repudiate that effort. i think it is the wrong course for a pack or a campaign. i hope that our campaigns can respectively be about the future and about issues. >> you heard governor romney

there. implementing this campaign. this is about the president's past, more specifically, his two decades of attending the chicago church with the controversial pastor, jeremiah wright. >> he want us to sing god bless america, no, no, not god bless america, god damn america. that's in the bible, for killing innocent people. >> now, in the pitch trying to sell this plan to a superpac, gop ad guru wrote, while much of the america knows of rernd wright, the good reverend and his inflammatory infloons have never been packaged in the proper attention arresting way with sufficient resources to truly drill it into america's consciousness. jessica yellin tracking this story. first and foremost, why did this plan collapse? >> reporter: for one thing, instead of turning into a five-minute ad and unveiling it during the democratic national convention as fred davis

proposed shall the proposal was leaked to "the new york times" and ended up on the front page, which prompted the obama campaign to issue a statement calling on mitt romney to essentially denounce that you saw mitt romney eventually renounce this. then, the person who the proposal was given to, a pact called end the spending, the founder of that group put out a statement saying, i reject this. i am not accepting it. the group that actually made the proposal also said, hey, hey, hey, it was just a proposal. nobody actually bought it. basically, everybody is taking a hands-off policy now. no, no, it wasn't me. even the ad maker said, i'm the one who put this out there and nobody else did anything with it, john? all hands off now. >> if you read it, one of the many cynical things said in here is if we do this campaign, we will get a lot of free media attention, as people would want to talk about it.

does the obama team assume someone will eventually finance something like this? >> no. their sense is that this dog won't hunt. their view is that this has been asked and answered and i've spoken to a lot of republican operatives who also believe that this is not a winning tactic, because really, the voters that are up for grabs in this election are the independent swing voters who tend to be turned off by this kind of politics. john mccain has said that he is glad he didn't use it. even john mccain's former campaign manager says he thinks that releasing this, even this memo, is going to hurt mitt romney and the republican brand. i spoke to somebody who is involved in this year's cycle. a top republican operative who called this memo shl, the propo called political malpractice. i don't see a lot of republicans wanting to grab ahold of this at all. >> let's continue the conversation with gloria borger.

republicans could not run from this fast enough. fred davis, many people might not know his name, the one that brought you, i'm not a witch from christine o'donnell, the nefarious killer sheep in one of the california campaigns. he has been around a long time. boy, a lot of his friends are saying, whoa. >> most recently worked for john huntsman, a more moderate presidential candidate. the people who used to work for john mccain repudiate this on the record, off the record. i sfopoke with charlie black, w was the senior adviser, and john mccain, who said, anybody who wants to relitigate the reverend write issue. there are republicans that say, it is offensive and that president obama is liked, very well liked by the american people, over 50% like him. why do you want to attack somebody that people really like? third, any time mitt romney is not talking about the economy or

jobs or the president's health care plan is a minute wasted. why waist your time. are are afred davis is not a du guy. he has been president for three years. the american people have been through some pretty tough times. they would like to have a campaign about a job, about the economy, about government spending, not about what mitt romney did in high school or what president obama did in church ten years ago. >> what he is trying to do, the romney people understand their problem is this likeability question. they do better than the president best able to manage the economy a little bit. the people like him. this was mr. davis' way of sort of whittling away at the president's likeable.

if you can get that number to go down, you can help mitt romney. sometimes these independent committees add work. i take you back to john kerry and the swift boat ads. they whittled away at john kerry's patriotism. something the republicans didn't want to touch as a candidate. >> we will keep an eye on this one. today's monster size deal in the tech and financial deals after the stock markets closed. facebook announced its original offering of stock will be $38 a share. that would raise $16 billion. a record for a tech company and the third largest ipo in the united states. allis allis allison kosik. >> not coming as a huge surprise. facebook had priced range of the shares between $28 and $35.

this year, facebook went ahead and told the s.e.c., we are going to put that price range between $34 and $38. today, on the eve of when facebook is going to offer the shares to the public, it met with its bankers and underwriters and came to the conclusion that $38 will be the price. everyone wants to know why this price went higher. it went higher, because there is strong demand. facebook executives have been going around the country and pitching the ipo to potential investors. they found more people want it. the more that want it, the more you can sell it for. in fact, one investor said the response to this ipo, john, has been nothing short of pandemonium. >> given the interest, the initial wave goes out to institutional investors. does the average joe have any chance of paying $38 or somewhere near there? >> honestly, good luck. you have to remember, what's happening now are these buy and sell orders are actually going in right now getting ready for

the big ipo. yes. when the ipo actually trades tomorrow, 9:30, it is i most likely going to be delayed a little bit, it will start at $38. in no time, with today's electronic trading, you can bet that this price will be bid up higher and higher. it is going to be really, really tough to get in on the $38 a share. to put it in perspective so everyone can take a breath, because there has been a lot of hype with this facebook offering. look at the other hot tech ipos that have come out as of late linkedin and google. google is more than 600% above. look at zynga, pandora, groupon, they are trading below the first trading price. groupon is below 35%. facebook can be like any of the

other high-tech ipos. you may want to wait for the volatility of the shares to calm down before you jump in. >> certainly, don't do it if you can't afford to lose it. thanks so much, alison. a florida court just released the autopsy report on trayvon martin. killed last february by a neighborhood watch volunteer. in addition to confirming he died from a single gunshot. it also says his blood contained the active ingredient found in marijuana. cnn is going through those documents now. ahead though, fortune magazine editor andy suros joins us. we will ask him if history is about to repeat itself. our candidate record card, mitt romney and illegal immigration. [ male announcer ] this... is the at&t network.

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it was a flash point in prior issues. now, it will be in the competition for latino voters between president obama and governor romney. it reflects the right shift of his party. governor romney is a big backer of e-verify. it helps ploy employers check the legal status of their job application. >> if an employer hires someone that has not gone through e-verify, they will get sanctioned. >> he promises much tougher border enforcement. >> i believe that to protect legal immigration, we have to stop illegal immigration. for that reason, i would, in fact, build a fence and i would have enough border security agents to make sure that we are able to protect the border. >> part of a more controversial aspect, governor romney says

with e-verify and other enforcement measures, he believes that many immigrants will leave voluntarily or self-deport. >> the answer is self-deportation. people decide they can do better by going home, because they can't find work here, because they don't have legal documentation to allow them to work here. we are not going to round people up. >> george w. bush and john mccain saying there should be a path to citizenship for those already here in the united states illegally. on that issue, governor romney has shifted with the times. >> amnesty is a magnet. when we have had in the past programs that have said that if people have come here legally are going to get to stay legally, that will encourage more to come here legally. >> those that have come here illegally should be able to sign up for permanent residency or citizenship but they should not be given a special pathway, a special guarantee that all of them get to stay here for the rest of their lives merely by

virtue of coming here illegally. >> joining me now to discuss governor romney's proposals and the impact, charles gonzalez, chair of the professional spanish caucus and now al. let me start on the last point. george w. bush and john mccain called it immigration reform. they said it would help republicans with the latino community. a path to status and citizenship. governor romney has evolved. is he now in the wrong place when he said no. >> our beloved ronald reagan in 1986 thought the best way to solve the problem then in a compassionate way was to grand citizenship and amnesty didn't work. it magnified the problem. we have to figure out what's the right thing to do for america. >> another issue, congressman that will come up again is the so-called dream act. i want to listen to governor romney. if you have illegal immigrants that came over as young

children, their parents brought them over. maybe they want to join the military or do community service, can they get on the pag way? here is governor romney. >> the question is, if i were elected and congress were to pass the dream act, would i veto it? the answer is, yes. >> he would veto the dream act. senator marco rubio says he is trying to come up with a proposal that he believes can get more bipartisan support. is there, where there hayes been so much partisanship, is there an opening there? >> absolutely. let us see the bill. what are the provisions? the president and democrats in congress have reached out to senator rubio and said, give us the specifics and then we will start talking. >> let's talk now. >> i think that governor romney, just to be specific about where he stood has clearly said with respect to the portion dealing with our young men and women serving in the military, he would sign an approve and support that part of the

proposal. the proposal for the students allowed a direct path to citizenship allowing their parents and others, who were adults to also seize that opportunity. we are for reviewing what can we do for the students without those who broke the law. if we put politics aside, that may be something we can accomplish. >> we haven't been able to put politics aside in this debate. if you look at the latino vote in the presidential election, president obama 69%, romney, 22%. i would say, i don't think, without any fear, if that number holds up nationally, governor romney can't win the election. your state of florida would be very hard to win. states like nevada or colorado orp virginia or north carolina, if they are very close. the latino population would be a swing vote. does governor romney have to change on the policy or the tone or nothing at all? >> he needs to engage the

community. hispanic community is interested in jobs, and crime and he is going to begin a conversation in immigration. by the time it is all over, i don't know what the numbers will be but they won't be those. we will have a vast improvement. >> do you think that's possible? >> i don't think it is possible. i don't think the governor can walk away from some of the statements. in 2007, he said one thing. it was a road map. no one knew what the specifics were. five years later, it is a road map. we don't know the specifics. we do know this. he said he would veto the dream act if it passed. we do know he vetoed a provision when he was governor providing in-state tuition to the dream kids. we do know he has said sb-1070 in arizona is a model for federal legislation. that is not going to win the latino votes or the votes of anybody who is reasonable and looking at the economic best interest of this country. >> john, congressman well knows that during the first two years

of this administration, his party was charge in the house are the senate, the white house, he made a good effort. the president didn't. if he willed it during the first two years of his administration, we would have had immigration reform. now, he has to show hispanics why he didn't get it done before. he has a steep hill to climb. we do but so does he. >> every time they say the president didn't get immigration passed, you better look as to who blocked it. it was the republican senate. it was the republican senate with closure votes. when there is a closer analysis, with he know the president can propose, advocate, at the end of the day, it is only members of congress that can pass legislation and the republicans time after time have blocked this legislation. >> he was able to get health care done. he could have gotten immigration done. >> i appreciate your time. we will continue this conversation. 173 more days. thank you. >> still ahead, the truth about the reverend jeremiah wright.

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welcome back. here is kate bolduan with the latest news. a source tells cnn ballistic tests have linked the shooting deaths of two people along mississippi highways. they happened 55 miles apart. the first discovered early tuesday of last week and the other on friday. authorities say it is possible

someone posing as a police officer is pulling over drivers and robbing and killing them. winds are whipping the relentless wildfires that have charred almost 30 square miles of forest and grass land. the blazes have destroyed several buildings and forced a town to evacuate. the fire workers are using hand tools managing to contain 10% of the perimeter. >> if you want a healthy meal, you might want to skip the restaurant. 96% of on trays served in u.s. restaurants exceed the government's nutrition for calories, sodium and fat. that's according to a new study from the rand corporation. you may be better off using the drive through. the typical fast food restaurant has 270 fewer calories than a meal at a fast foot restaurant. >> maybe it is portion size.

do you believe it? i just said it. so it must be true. >> it is disappointing. take personal charge at the restaurant. ask. tell them no salt, less butter. tell them this or that. >> eat at home. i love to cook. cook for yourself. the u.s. senator calls one of facebook's founders a tax cheat. >> he comes here because of the american dream and the american way, he becomes very rich, god bless him. as soon as he makes all that money, he leaves. [ male announcer ] citi turns 200 this year.

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in this half hour of john king usa, facebook's latest move is about to make a lot of people very, very rich. there are some important cautions to think about before you try jumping on the bandwagon. the idea of using the refrnld jeremiah wright in an anti-obama attack ad brings up a important truth. everything is fair game but may not be useful or relevant. tonight's moment we are going to miss is a musical icon i am going to miss. facebook announced its initial public offering of stock, or ipo, $38 a share. some have cautioned facebook has peeked. let's talk it over with andy, the managing editor for fortune

magazine. >> some people say growth has slowed. revenues up a little bit, 45%. facebook is a media company that needs advertising. people say, well, advertising there doesn't work. facebook doesn't profit much from the mobile app. a lot of communications are going that way. about half of the users. and everyone is gunning for facebook. a lot of competition. is this a good-bye, a bad buy? >> facebook, the company is in great shape, a juggernaut. there has never been anything like it. everyone watching the program uses it or has decided not to use it. 900 million users, 900 million people. a lot of ways for this company to make money. you put that over here. the second thing is the valuation of the stock. that's a whole separate matter. the stock could be way overvalued. i happen to that i that tomorrow when the stock, when the company goes public, it is going to go up. it is going to go up a fair amount. having said that, over the longer term, it is a real

question as to where the stock goes. i think the company will survive, thrive, and continue to grow. >> and have the markets, have the experts figured that part out. if you go back to the dotcom boom, has the system figured out, when you don't have bricks and mortar, how to put a value on things? >> they really haven't. they can use all kinds of metrics, price to book and price earnings ratios, price to sales, all that, but, basically, tomorrow is going to be mob rules. there were a lot of boom and busts back in the day as you suggest, back in 1999/2000, the dotcom busts. there are companies with real staying power, ebay, amazon.com. i think facebook is more like that, a huge company. it has tremendous potential.

it is no the going anywhere. the price may be expensive. when p ale and google went public, they were very expensive and the stocks went up. that's what makes tomorrow so exciting. it is going to be really cool to watch. >> i am going to read to you from your magazine. this is a book called not buying facebook. at what is basically the last minute for this offering, we learned that some of facebook's biggest venture investors were putting up more shares than originally planned. these early investors don't just want to cash out, they want to run away. that's not a good sign. answer the cynic that says mark zuckerbe zuckerberg and his colleagues think they have peaked and think want to cash out. >> i'm not sure that is the only thing they want to do. they are not selling all their stocks. they are selling some of it, a little bit more. i think the pressure to sell more of their stock i think came from facebook, because facebook wanted them to sell more so in

six months when the lockup ends, it wouldn't hurt the price then. it is a little bit of a complicated wall street then. mark zuckerberg is only selling 6% of his shares. he is there for the long haul. these investors want to take gains. that's what they do. on the other hand, when the stock goes out tomorrow at $38. it may start trading initially at $50, who knows. it may go to $60, $70, $80. i would very wary about chasing it at that price. >> the mob rules. we will have fun tomorrow. i was just talking about mark zuckerberg, a household name. the facebook founder and ceo stands to make an estimated $19 billion off his shares. you may not be as familiar as eduardo saverin or you saw the movie, the social network. he is a co-founder. his stake could be worth some $3

billion. he renounced his u.s. citizen and now lives in singapore. some say he knew this was coming and it is a tax avoid dance cheem. >> eduardo saverin wants to defriend the u.s. to avoid paying taxes. >> i have paid and continue to pay any taxes due on everything i earned while a u.s. citizen. the congressional debate is based on, quote, speculation and misinformation. but, remember what he said in that statement. tax experts say since he is no longer a u.s. citizen, he is not subject to taxes he would otherwise have to pay. senator schumer says that's in the ballpark of $67 million and he wants to make sure the treasury gets the money. >> there are some who would question whether you can do this retroactively and whether it is constitutional. >> it is absolutely constitutional. we are not just aiming it at

saverin but the others that have renounced their citizenship. they can't enter the united states period. right now, they can get a visitor's visa and come in. second, in the future, not in the past, they will have to pay taxes on any dividends, interest income, capital gains that they earn at the rate of 30%. that's like changing any tax law. just because you were taxed at 20% five years ago doesn't mean you have to be taxed at 20% next year. >> so you are telling mr. saverin and others like him, either pay up or kiss the united states good-bye and never set foot in it again. >> and you will pay a price for investing here too. >> i want you to read something from ed kleinbard. he says, i am troubled by the saverin ex pate treeation. it would put the irs in a very awkward position if it were

required to investigate an actual individual state of mind as opposed to what they actually did. >> we give them a chance to make their case but the burden of proof is on a tax avoider. in other words, the presumption is that if you leave the country and pay much less in taxes, that that's the reason you did it but you have a chance to rebutt it. if you make a strong case, you won't get the penalties that we propose in our legislation. i doubt mr. saverin would be able to prove that. he chose singapore, a place that has zero percent tax on capital gains. >> i want you to listen to your co-sponsor. this is a dramatic story all around the world. here is how senator casey put this. >> we have troops overseas that are sacrificing on our behalf every day for all the values we hold dear. mr. saverin spits in their eye.

he spits in the eye of the american people when he does this. >> is that a bit over the top? i understand your outrage here. i understand your point that you feel he should pay taxes. is he spitting in the eyes of the troops and everybody else? >> it is particularly confounding that saverin by his own admission came to this country from brazil to seek safety, because his family was being threatened by various gangsters. i think they were a family that had some means in brazil. he comes here, because of the american dream and the american way, he becomes very rich, god bless him. as soon as he makes all that money, he leaves. he doesn't strike me as somebody of -- you wouldn't see that story on someone who really had moral -- high moral character. >> senator schumer, appreciate your time tonight. >> thank you. appreciate it. >> take care, sir. new details in the death of the florida teen, trayvon

martin. an autopsy confirms he died of a single gunshot and marijuana was found in his system. beth, what is the most significant new piece of information in this discovery package released a short time ago? >> as you just mentioned, the fact marijuana was in his system is significant. the level may be negligently jibl. nonetheless, it seems to corroborate when on 911 call, he seems to be a little bit out of it. maybe he is on drugs. in addition, we now know that the gun shot wound is an intermediate ranges, which means it was anywhere from 1-18 inches away, the muzzle of the gun, from trayvon martin. it was probably a couple inches away. that is consistent with george zimmerman's story, that he was being hit and that he reached for the gun, because he felt threatened and was unable to breath at one point. that's his story. in addition, the third thing, that there was an abrasion on

the fourth finger, the ring finger of trayvon martin's left hand, just below the knuckle. that is consistent with trayvon martin having punched zimmerman. he says that was happening. if trayvon martin saw a gun, he is not going to be punching with his fist. so he wouldn't have seen the gun at the time he was punching. he might have been justified in punching but wouldn't have seen the gun. this corob bore rates george zimmerman at this point. these documents are basically giving a truer picture of what's going on. there are still hundreds of pages we are going through. we don't know everything. these three things jump out at me as being core rob bra tiff at this point of zimmerman. it doesn't mean he is not guilty but it certainly corroborates what he told the police. >> in session, beth care ras, appreciate your insight. we will go through these hundreds of pages of discovery in the trayvon martin case. an uproar about a gop

request to revisit president obama's pastor, dr. jeremiah wright. is everything fair in love, war and presidential politics? droid does. does it post it instantly to facebook with sound ? droid does. droid with color for facebook. it's the ultimate status update. get a droid razr maxx by motorola for only $199.99.

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jeremiah wright was back front and center in politics and suddenly wasn't. a 52-page plan to make the president's former pastor a big campaign issue, an internet push, $10 million to reintroduce you to this. >> and they want us to sing god

bless america. no, no, no, not god bless america, god damn, america. that's in the bible for killing innocent people. >> maybe the president's former pastor may yet return. if not, there will be other cynical distractions from the conversation the country ought to have about the economy and government spending and america's place in the world. when he was asked about the proposal to attack president obama for the reverend wright association, he repudiated that. >> i repudiate that effort. i think it is the wrong course for a pact or a campaign. i hope that our campaigns can respectively be about the future and about issues. and a vision for america. >> not that he has always been opposed to linking the president to his controversial former pastor. >> i am not sure which is worse, him listening to reverend wright

or him saying we must be a less christian nation. >> the truth is, reverend wright has said controversial and represent prehence i believe things. then, it is fair game that post obama attended wrights church. is it useful? is it relevant? that's a very different question. it is more than a stretch to suggest the president can't think for himself. an ad campaign based on the theme that if reverend wright says it, president obama believes it is about as credible as saying every catholic follows their clergy and opposing contra certification and abortion. life doesn't work that way. politics shouldn't either. here to talk truth, david frum and karen tumelty and cornell bell cher. david, let me start with you. do you think there is any realm in which conservatives and republicans want to bring jeremiah wright back into this campaign? >> they don't.

there has been bubbling at the same time. a new story from the undernews of a dubious investigative reporter claiming he has a tape that reverend wright was offered money in 2008 not to speak anymore. you want to be really careful with that story because of the source. if there is any truth to that, that would be a real story in a way that this is not. >> so the obama campaign goes after romney hard saying repudiated, repudiated, repudiated. then, he says he didn't repudiate what he said on the sean haan eddy radio show we just played on that clip. they seem to think it is okay to talk about this, pressure on this. >> a couple things, one is the last thing they want is some fool spending $20 million or $10 million talking about the reverend wright thing. it takes them off message. strategically, if you are a republican, you don't want this being the topic of conversation. the reverend write story doesgh

doesn't create a job or save a home. this has already been out in the public domain. the last time it was in the public domain, it was then senator barack obama's finest moments. whether you are a democrat or republican, across the board, one of his finest moments. it makes no political sense whatsoever. however, this is the evil of letting in rich people to spend as much money as they want in this process and taking it away from the voice of the people. >> the money did not get spent. the ad campaign did not get spent. >> do you think this will be the last time a rich person comes up with a crazy idea? >> the obama campaign was not

only called upon to denounce this, they were also fundraising off of it. >> that's part of what i will call the problem in politics. as people say, this is bad. they say, now, send me money. this is bad and somebody might do it again. we have become a blog in a posting driven set of politics. >> we have become a soccer nation. every time anybody's foot comes near your shin, you drop to the grass and howl pitfully, calling the ref's attention. that's what happened with the ann romney story and now this. >> they were going to form a new pact called character matters. governor romney didn't just say it is a bad idea. he decides to try to turn the tables and say, what about you guys? >> we can talk about a lot of things but the center piece of his campaign is quite clearly character assassination. >> the center piece of my campaign is going to be my vision to get america working again and provide a brighter

future for our kids. >> he says the attacks on his record is bain capital, taking it out of con effect and trying to prentd him as not a bad guy. >> his ability to make jobs, not profit, the center piece of his campaign, we are not sboezed to talk about his record on that at all. that's obsurd. if he is going to make jobs the centerpiece of his campaign, which is fair. we are going to examine that record and see where he has cut a lot of jobs and laid off a lot of people and made a lot of money. >> i was struck by how differently he reacted at this. a woman stood up and said president obama should be tried for treason or the way he reacted to rush limbaugh calling a georgetown student a slut. he's not only pushing back but he's trying to grab the narrative. >> he has a competitive race. if you look at all the data, romney is in a pretty good

position. especially if you go state by state. so does this stuff hurt him? does it matter if somebody -- if somebody has no connection to comes out with an attack on reverend wright or something else, does it matter? >> it's time, energy and oxygen that you're not using to do what you want to do. any time you're not talking about what you want to talk about, you're talking about what somebody else wants to talk about. can i go back to this bain matter and why i think it's fair to call that character assassination. if president obama had a very different vision about private equity and its place in the american economy, if he had some policy in place to prevent private equity companies from doing these structurings that may or may not work, then it's an economic issue. but when you say my polauolicy exactly the same, all i'm saying is look at this guy, he's a bad guy. then it's personal because it is not grounded in any economic difference. >> no. look at this guy. this is his record. he has a record of laying people off, gutting companies, sending them to bankruptcy and making

money off of that. >> so should the president take money from guys that work at bain then? >> absolutely. he should take it and pay me. >> all right, erin burnett coming up at the top of the hour. erin, facebook just set the price of its ipo at $38 a share. good buy? >> well, that's the big question. that's the existential question of the day for the global market. it is the biggest ipo in american history. it's going to be a pretty incredible morning tomorrow. i have to tell you, john, i have stood on the floor of the new york stock exchange when companies went public. i remember the new york mercantile exchange, they're sort of this hush over the floor. all of a sudden the bell rings and 20 minutes went by before they could even figure out what the first opening price was. so there's the ipo price, in facebook's case 38. then there's that craziness that goes on and they find where it's actually going to open. obviously this is going t trade on the nasdaq so it's an all electronic process which is a little sad in terms of what

we'll see tomorrow, but it is going to be something the whole world will be watching. we'll break that down and talk about whether it will go up at the open, whether you should buy it and also what this means for mark zuckerberg. he'll be one of the wealthiest people in the world, john, but globally, do you want to throw a guess out as to what rank he'll be tomorrow morning? >> globally, 50th. >> okay. so maybe -- yeah, 30th. so he's only good for 30th. that's with a net worth of about $20 billion. yeah, there's 29 people with more money than that. >> he's 28 years old, is that right? >> that's right, yeah. he hasn't accomplished too much. >> yeah, he's got a lot to look forward to. >> you can buy a heck of a lot of hoodies. >> erin, we'll see you in a few minutes. up next, what you might call the changing face of the united states population. we'll also remember the career of a music icon. ♪

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on the status of your home loan. and our innovative online tools ensure that you're always in the loop. one more way quicken loans is engineered to amaze. ensure that you're always in the loop. would you mind if to be i go ahead of you?omer. instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have the raise your rate 2-year cd. you can get a one-time rate increase if our two-year rate goes up. if your bank makes you miss out, you need an ally. ally bank. no nonsense. just people sense. welcome back. here's kate bolduan with the latest news you need to know right now. >> hello again, everyone. more headlines we want to bring you. an update just in from mississippi. a sheriff's department investigator in humphries county tells cnn authorities detained a

man who stopped two motorists last night and pretended to be a law enforcement officer. that could be significant because someone posing as a police officer is suspected in the death -- in the shooting deaths of two motorists in the state last week. and students and parents near atlanta are on edge, you can be sure of that, as police search for a suspected sniper. witnesses in hampton, georgia, say they saw a man raise a rifle as a school bus approached monday, but he got scared off, dropping the rifle and paperwork with, get this, information about school bus routes. police say he fired a handgun at one of the witnesses before unfortunately slipping away. and another week, another record low for mortgages. the rate for a 30-year fixed rate mortgage dropped to 3.79% this week. according to a survey for freddie mac, last year at this same time the same mortgage was 4.64. so if you had a $200,000, you'd save about $43,000 over the course of the loan. more good news on that. u.s. minorities now

represent more than half of america's population under the age of 1. according to the census bureau, 50.4% of newborns are latino, asian, mixed race or african-american. the latest numbers forecast a more racially diverse america. people have been watching this, of course. this trend they say has been coming for a long time they were just wondering what year would be the turning point. >> and this is the turning point. it changes everything. you look at the changing demographics at america. look at it from education policy, languages in schools. i look at it politically. states like texas, long republican. if republicans don't solve the latino problem, it will be a democratic state in a few years. good to know that. don't go anywhere. tonight's moment you missed is an icon i'll miss. the queen of disco, donna summer, she died today from cancer at the age of 63 but her soaring voice will leave an indelible stamp on american music history.

♪ i love to love you baby >> at the height of disco, dance fans loved that one, 17 minutes the long version, kate. it launched summer's career in 1975. that was just the beginning. he had five grammys and a career that spanned decades but never lost the aura of disco royalty. >> i'm the queen, it's fine. it's nice to be the queen of something, darling. >> dorchester, massachusetts. grew up not far from john king, a great icon. a great icon. >> a lot of great things. >> "erin burnett outfront" starts right now. outfront, breaking news. facebook, should you buy? and more breaking news, we've got nearly 200 pages in evidence in the trayvon martin case just released. we've been going through them