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tv   MSNBC News Live  MSNBC  July 24, 2011 5:00am-6:00am PDT

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how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. confession to a massacre. the man held by police in that norway bomb and shooting says he did it, but this morning there's a twist. last-minute scramble, word from washington that another debt ceiling deal is in the works, but will this save markets around the world from taking a dive? summer of sizzle. more heat records fall up and down the east coast, but are the days of triple digit temperatures over? not so fast. ♪ tried to to make me go to rehab i say no, no, no ♪ ♪ can't stop >> the death of a troubled singer. british grammy winner amy winehouse found dead in her london home.
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new details about that as well as the tragic group that she joins. good morning, i'm alex witt. welcome to "msnbc sunday." big developments expected on the debt ceiling debate. john boehner hopes to unveil a new deal by 4:00 p.m. this afternoon. mike viqueira has more. good sunday morning, mike. >> reporter: well, good morning to you. crunch time in washington after talks in the white house blew up between republicans and president friday night. congressional leaders and staff have been scrambling to find a way out of the mounting crisis and of course, there are nine days to go before the first possible default in u.s. financial history and government history. leaders hope to announce at least later today the framework for an agreement. and they're doing that in part to soothe worldwide market jitters that many of the markets open late today eastern time around the world for monday openings and there's a great deal of concern an adverse
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effect. john boehner has a proposal on the table. leaders huddled last night to look at it. call for $1 trillion in cuts but dealing with major questions, the most volatile questions that we've seen, including cuts and changes to social security and medicare, and what to do about the overhaul of the tax code, defer that to a special committee to be dealt on, later next year, that is not good enough for democrats in the white house. any raising of the debt ceiling at this point has to last through the elections of next year. they do not like the two-tiered approach that they're pushing now. perhaps they will have to announce later today. we don't know. a lot to work out. everybody definitely not yet on the same page. alex? >> mike viqueira, we'll see you again. joining me with more on where the debt crisis stands, a reporter for "usa today." welcome back. >> good morning. >> i say welcome back, we spoke
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24 hours ago and since then there was the white house meeting. what's different today? do you think we're closer to a deal? >> what's different today? it doesn't seem like a lot is different today other than the white house is no longer in the room in these deliberations. you had -- they only had an hour meeting yesterday, so you can imagine not a lot got done during that meeting, now the speaker is meeting with pelosi, reid, mcconnell, and they're trying to hammer out a deal at this point. we're kind of in limbo. >> i'm curious about the candor in meetings like this. it's a small meeting at the white house. do they get down to brass tacks there? i mean, is there any kind of honest discussion bar john boehner could say, for instance, i would have done this deal but i don't have -- do they talk -- >> at this point, in the last week you wouldn't have a lot of beating around the bush, per se. i think that they've been pretty honest for the last -- at least been candid for the last week. i don't think they're talking in code. i think boehner's -- i think the
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obama and the democrats know that boehner has a problem with the tea party caucus, being able to vote for anything remotely viewed as concessions on the part of the right. >> speaker boehner wants to get a new deal out by 4:00 p.m. herein, eight hours from now. why would we think anything could get done in a day? >> i think he can get a document together, perhaps a proposal together, whether they're going to get a deal is another thing entirely. there's a -- they're pretty far apart on a couple of different things. there might be a document, might be a proposal, a deal i think is a little bit of a stretch. >> talk about the difference and how they're far apart what are sticking points holding back a deal? there a general consensus in washington that they can be resolved? what is the drop dead time line? i had it suggested by carol maloney yesterday that it was wednesday in order to get everything done by august 2nd? >> well, i mean a lot of that -- those things are for debate.
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right now the sticking points are republicans don't -- on a basic level, republicans don't want anything that look likes they're raising taxes. democrats don't want a short-term plan that would make it so they'd be voting on this again next year, extend to 2011 because you have an election and everything changes, you know? it gets more complicated, more people are going to try to be scoring political points, there's more at stake. you know right now august 2nd, it is the deadline. whether it's tomorrow or wednesday, they have to have a couple of days to get this through the house and they have said that you know they -- that's why they needed something this weekend. if that doesn't happen, i think everyone at this point is kind of waiting and seeing what boehner comes up with. >> nine days and counting until that deadline. jackie, thanks. we invite all of you to watch "meet the press." bill daley and republican senator tom coburn will abamong david gregory's guests. well, here in the states
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another day of stifling heat and humidity in parts of the country. temperatures over 100 from baltimore to new york for the second straight day. the heat wave is stretching power grids to their limit. the bigger issue in the south is a growing drought. extended heat wave is causing the problem that's affecting 15 state. is there any relief on the way from this summer swelter? let's go to the weather channel's ray stagic. >> i don't think much in the way of leaf from the heat ace big ridge stays in place. that ridge is going to mean more heat and humidity. now, some relief in the northeast and new england, as the ridge continues to build south and southeast it will continue to suppress the heat in the drought areas and that's over parts of texas and across parts of the southeast. but there is a front coming through the front, the front comes through the northeast and new england, and instead of 100, might be 90, 92 in central park. a bit of a treat but still south of that front, numerous heat
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advisories and warnings are up, as we are going to continue to see this heat and humidity. you get the heat index when you factor in the humidity and it feels like maybe 100 degrees at time. maybe not so many record highs today like we saw late in the week and yesterday but hot number.coming in. showers, thunder showers in the forecast. as you go west, we'll see more showers and heavy rainfall through the midwest, and that heavy rain in chicago produced record rain for 24-hour period in chicago over eight inches of rainfall. south of that they wish they could fax that rain down to south texas where it is going to remain very dry indeed and along the southeast, too. the west coast has been where it's been. as we are continuing to see real cool weather out there. the marine layers around in the morning hours, afternoon sunshine in places like los angeles, even on into seattle, slightly below average temperatures. if you do want to cool off a little bit, maybe hop on a
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flight and head west, young man, or young lady. >> i took that advice last weekend. i called in from carmageddon, weatherer nervona. head to weather.com. new and disturbing details from norway about the attack at a teen summer camp and explosion in downtown oslo that killed at least 92 people. individual rereleased claims to show the gunman responsible for the massacre on the summer camp island and police say they didn't arrive on the scene until an hour and a half after the gunman first started shooting. martin fletcher is live in oslo. good sunday morning to you. why did it take so long for police to get there, because in this world of cell phones you know people were calling in to 911. >> reporter: absolutely, alex, and that's what they're asking here in norway now. kids on the island phoned
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immediately the shooting began but it took 90 minutes for police to arrive. first of all they said they couldn't get a helicopter from the capital, oslo, it took them 20 minutes to get to the -- to get to the land closest to the island, and then guess what? they couldn't get a boat. so the police a keystone cops thing going on. took a long time to get to the island. when they did get to the island and called on the shooter to surrender, he did without a fight. the question is why it took 0 so long. this morning the king and queen attended a memorial service for the 93 victims. the man who did it said he wanted to change norwegian society. norway's in mourning, trying to understand. photos the of the youth camp taken before the shooting. a paradise island that turned into hell. desperate survivors pulled to safety from the worst shooting massacre in memory. at least 85 murdered.
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>> just like going around killing people like it was no deal. >> you just -- he was shooting everyone. he wasn't thinking. it feels look a nightmare. i don't believe this is true. >> reporter: police said the suspect hunted victims aged from 12 to 19, shooting them for 90 minutes. but when police finally arrived, this is a moment of surrender, no resistance. he had no police record. >> we have not arrested him before or anything like that. >> reporter: police say in may the suspect bought six tons of fertilizer, similar to the kind mcveigh used in oklahoma city. it may have been used to make the bomb. after setting off the car bomb that killed seven in oslo central square, the suspect drove to the island, less than an hour away, dressed as a policeman. he told the teenagers he needed to protect after the oslo bombing. he gathered them close, and opened fire. >> the reason i thought it was a game or, i don't know, something
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else, he was not a high sound, like silencer or something. it sounded like fireworks. >> reporter: as they fled through the woods and swam for their lives he picked them off one by one. >> the guy with the gun standing there and he was shooting at us. if i started to swim a bit later, he would have shot. i think we would have been dead now. >> i tried to save those i could but they there were people i couldn't do anything for. >> reporter: the suspect's name is anders behring breivik, 32 years old. just last week he updated his facebook page, called himself a christian, a conservative, likes hunting. facebook friends, zero. a right winger, but with no signs of poe potential violence. how strong is right wing here? how big is this pool of people that could produce such a person? >> that pool of people, i would say, is very, very limited. obviously here is a rather extreme single instance rather
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than something representative. >> reporter: the maximum punishment in norway for any crime is 21 years in prison. if convicted, the 32-year-old suspect will be back on the streets when he's 53 years old. just hours before he began the murder spree he posted a manifesto on the interin net. he wanted to stop muslim integration into europe and hoped the attack would focus on his political views. now he's charged with terror. and will be arraigned tomorrow. gay marriage became legal in new york at the stroke of midnight last night. one of state's first gay weddings took place at the base of niagara falls lit up in rainbow colors. kitty and cheryl had been engaged for more than ten years. "the new york times" says they met when they found out their partners were cheating with each other. they quickly fell in love and they've been living in new york
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city since 2004, waiting this landmark day. the women have five children from previous marriage and 12 grandchildren. brooklyn borough hall, as we move off -- we don't have it now. gay newlyweds enjoying free champagne and cake. 823 gay couples signed to be married. we'll have more live coverage coming up including that picture from brooklyn city hall. reaction pouring in following the sudden death of amy winehouse. many hollywood celebrities say they are shocked and sanded following the 27-year-old's passing. the singer was found dead in her home by ambulance crews saturday. wine house hot to fame with "back to black" but struggle with drug and alcohol. amanda knox gets ready to go back to court.
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will new evidence help knox get out of jail soon. firefighters under arrest, accused of a sad and maddening crime. police say they did it just for the thrill. making it legal, more on the same-sex couples tying the knot as gay marriage becomes legal in new york state. a couple who said "i do." i love that my daughter's part fish.
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the debt ceiling debate turned into a stand-off with the stakes growing higher by the hour. lawmakers will be on the hill on the hot, steamy sunday trying to reach a deal before the financial markets open in asia. if they don't it could send the wrong message to the world about the financial stability of the u.s. i'm joined live by republican mike lee of utah a senate
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freshman and member of the tea party caucus. thanks for joining us. >> thank you. good to be with you. >> law makers are have had ample time to go on the record with opinions on the debt. but at this point does the public have the right to be angry there is no deal yet? >> yes, i think the public does have the right to be angry about that, especially given the fact that we've known this was coming. it's been the subject of endless conversations in congress over the last six months. we should have had a deal put together right now. the knack we don't is disappointing considering there was a proposal passed by the house of representatives on tuesday of this week. and instead of receiving full debate and discussion in the senate it was tabled immediately and that shut down debate. >> but, senator, was that in part -- i mean might speaker boehner have had that deal already if not for the tea party? >> no in in fact that deal was supported by the tea party. now, obviously not everybody's going to agree with the cut, cap and balance ability but it could
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have been suggested to an amendment process in the senate, but it was shut down and tabled on friday, and i think that's unfortunate. >> cut, cap, balance would never have passed the senate anyway. you have been citing interviews, there's a cnn poll in the interviews showing 66% of of people would favor raising the debt ceiling only if a balanced budget amendment were passed and spending measures and put in place. there that is same poll, though, sir in which 66% also said they would favor a plan that calls for raising taxes on some businesses and wealthy americans along with $2 trillion to $4 trillion in spending cuts. might not the take away be something big has to be done and default is not an option? >> well, perhaps. but, look, i agree with what president obama said in 2009, which is that in a down economy, one of the worst things you can do to that economy is raise taxes. and as i point out in my book
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"the freedom agenda" we're not going get the country on a path toward fiscal sustain ability until we adopt perm, structural binding spending reform of the source congress can't get around in the future. the only way to do that is through a balanced budget amendment and that's why i supports the cut, cap, and balance idea. you point out your opinion it could not have passed the senate, perhaps in its current form but could have been subjected to an amendment process. instead we've outsourced discussions to a group of five or six people meeting at the white house. the american people elected 435 people in the house and 100 people in the senate to iron out legislation. i believe that's where it ought to be happening and it should have continued, that process should have continued in the congress this week. >> the same poll that i just cited, sir, asks americans what they thought a spending agreement should look like. we have 64% favoring a combination of spending cuts and tax increases, only 34% said
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spending cuts only. it appears most americans agree that raising revenue needs to be part of the solution here. republicans don't seem to be bulging on that at all, why not? >> look, i, along with many republicans, are just fine with the idea of revenue stabilization, or tax reform package that collapses loopholes, lowers marginal rates and broadens the base. making our tax base more stable so that we don't have years like this one where we're bringing in about 14.5% of gdp in revenue. we should be bringing in something closer to theage, like 18.5%. this is what happens when you have tax system that consists of tens of thousands of pages of code and regulation and we need to stabilize, we need to simplify it and it will bring in a more consistent stream of revenue. >> if it weren't for the tea party, might there have been a
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deal already? >> look, i'm not going to let you blame this on a grassroots political phenomenon that has arisen up arisen spontaneously as tens of millions of americans have razed the federal government has become too big and too expensive. the fact that is we have a massive debt problem in this country. we have accumulated a national debt that works out to $50,000 for every man, woman and children in america. we don't have a deal can't be blamed on any one group of people. >> i was not blaming the tea party, i was asking a legitimate question. >> well, but the question presupposes the possibility that it could be blamed on the tea party and i'm saying it can't. >> do you think there are any tea party lawmakers that don't want to see a debt ceiling resolution because they think a default will help beat president obama in 2012? this is about politics, is it not? >> sure. but, look, there may be a small handful, as there were a small
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handful of lawmakers the other night, republican lawmakers in the house who voted against a cut, cap, and balance act. you can couldn't on one or two hands a number that fit in that category. they want an actual solution. and many of us, myself included, believe that we're perpetuating the problem unless we adopt something permits and binding and about structural because if we just raise the debt limit without addressing the underlying spending phenomenon that led us this point in the first place we could be putting our credit more at risk than if we didn't raise it at all. so we're in the middle of a very difficult tightrope act, if we move one way there are problems, if we move the other way there are problems as well. >> republican senator from utah, mike lee, thank you very much, senator. have a good one. >> thank you. so it's not as hard as it was yesterday but the muggy, warm weather is hanging on. when you'll be able to feel the difference, coming up next.
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triple digit heat roasting the northeast, especially new york city. sections of the big apple baking this weekend, including coney island's board walk where the heat index hit 110. those who didn't seek shelter in the amount c hit the beaches to try to cool off. eric fisher in central park. you've moves from the beach to the park. what's it like there today? >> reporter: recreational kind of guy, alex. good morning. the beach was cooler, the good thing about this morning, we've got more cloud cov in the forecast today. we've seen the sun dip behind the clouds and a chance of thunderstorms. if you haven't been to new york, take a look at central park in the morning, it is quite the spectacle. hundreds of speem who come out riding bikes, running through, walking their dogs. now is the time to do it, before it gets hotter in the afternoon. we talk about relief in the forecast for today but it's a
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relative term. yesterday's high 100 degreesing a new record high here in central park. the second straight day they reached 100 degrees. today talking 92, 93. it doesn't sound like a lot of relief but it is a help to folks who have been so stressed out. tomorrow we'll see more. however, even though we've been setting record highs in the east coast we quoucould see more fro philadelphia south, into the carolinas not a lot of relief there. heat continuing through the week and it will get back here to the east coast by the end of the week. we have been talking to the new york public hospitals. they saw a significant spike on friday and saturday, and people being admitted for heat-related issues. >> we'll see if as many people are running next hour, when we check in again. thank you, eric fish. >> justin timberlake has a new movie and made a big online investment. how will he do with this roll of the dice? first, gone too soon. remembering the life and plussic of amy winehouse.
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back now the fireworks in washington over the debt ceiling. government spending and how to get it all under control. lawmakers are holding emergency meetings today as the deadline looms to avoed a financial disaster. joined live by martin frost. good morning to you. >> good morning, alex. >> i flow that you represent texas from 1979 to 2005, at times part of the budget committee, democratic leadership as well. were you ever part of a debt ceiling debate as heated as this one? >> no, there's nothing like this. in the 26 yearize served in congress, i have never soon anything like this, and i don't think anybody else has either. >> the question, would john boehner have cut a deal already
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if not for the tea party, how do you weigh in on that? >> i think that's correct. i think that the problem boehner has, he's only got 24-vote margin in the house, he's got 50 members of the tea party who don't want to vote for anything, and so he's got to come up with democratic votes and how he maneuvers something that will attract democrats has been his problem from the beginning. i think he's trying to work with the president. there have been constructive talks all along. the tea party is an anchor around his legs, no question about that. >> conversely, would president obama have cut a deal already if not for the more liberal wing of the democratic party? >> i think that's a very interesting question, because actually democrats in the house, particularly have a legitimate point to make, that they didn't want to go along with large cuts on medicare, certainly they want social security to be part of the deal. i think that perhaps some less than severe cuts in medicare, if the president proposed those, might have gotten democratic support at some point.
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now you've got a terrible situation where parties are locked into their positions. but house democrats had a legitimate position that they did not want major medicare cuts to carry this debt ceiling whole issue. >> you know, it seems leak there's a stand-off now, the tenor of things has changed. how much, sir do you think ego is involved versus substance? >> i don't think it's ego but there are institutional differences. the senate and house often don't agree. you have reed and mcconnell, two senate democratic -- the democrat and republican leader in the senate going off on one track and the house going off on another. i don't think it's ego as much as tension between the two institutions and also the situation of the tea party really nipping at boehner's heels all the time. >> with these partisan divides the republican house, democratic senate, trying to reach an agreement right now, do you think they're going to get there? >> i think they will get there. you've had this type of situation before.
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when i was in congress during the reagan administration you had a republican senate and a democratic house, they ultimately worked things out. it's not impossible to do. i think that we're going to see, in the next 24 hours, the shape of this. you've got two different proposals out there right now. one is one that boehner's talking about, the speaker's talking about with a six-month extension and bipartisan commission to report at end of the time. the other that mcconnell and reid have proposed which is to give authority to the president in three different increments with a vote of congress on that, but that would carry it past the election. i'm not sure how this works out. they're going to find a solution. it probably will be a combination of these two proposals before it's all done. >> do you think there's any lasting damage to the u.s.' reputation? >> i think there is. i think the rest of the world has always looks at the united states as a very stable place, certainly our currency has been the world's currency. i think people now are going to
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question about our ability to order our own affairs. this is harmful to us. it will be much more harmful if we don't have an agreement by august 2nd. you can't have a default. i think this is going to get worked out, but it's hard to predict exactly how. the president may not get everything he wants, he may have to take it in increments, six months at a time, i think that if that's the only thing offered by congress, the president will accept it. >> martin frost, thanks for weighing in. for the latest on the debt deal negotiations from the nbc political unit head first to firstread.msnbc.com. an investigation under way in eastern china at the site where two high-speed trains collided. saturday a bullet train crashed into another high-speed train that stalled after being struck by lightning. this was the first derailment on the network since the country launched bullet trains in 2007.
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president chavez made an unannounced return to venezuela saturday after spending a week in cuba undergoing chemotherapy. he under went surgery to remove a cancerous tomb. >> organizers are hit with claims that not enough local people were hired for the games. there's criticism that greenwich park will wind up being damaged. the park is a world heritage site where equestrian events will be held there. wednesday marks one year before the games are due to start. well, fans and fellow musicians remembering soulful singer amy winehouse, after she was found dead this weekend at her north london home. ♪ tried to make me go to rehab ♪ ♪ i say no, no, no can't stop but when i come back, no, no new york♪ >> that's the song "rehab" and catapulted winehouse to
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international stardom in 2006. along with celebrity came a public battle with alcohol can drugs. joining me with more, ian drew, editor with "us weekly" among the first, if not the first, to interview amy winehouse. you spotted her way back when and followed her ever since. first, your initial reaction when you heard i'm died. >> it's funny, not many people draw the parallel, but i interviewed michael jackson, and i had a similar feeling, when michael died whereas i was in shock, but i also felt two things, i felt, a, why didn't this happen sooner, i expected it to happen sooner because i knew about his problem. but also was it true this time? there were so many rumors over the years that this was happening, going to happen, and part of me was a little hesitant to believe it, because in that sense that you have to check it out. is it true?
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there were so many rumors and she was always teetering on the brink. >> you spent time with her and interviews her at the south by southwest festival in texas a while back. what was she like? >> she had an incredible fragility and vulnerability that set her apart as an artist. i saw her walk out on the stage. i hadn't seen her perform live, i didn't know very much about her. and i just remember she walked out and it was so unguarded. there was no pretense. something you didn't see in performers usually. i am at shows every night seeing people perform and i wasn't ready for that and use odd to that. and in speaking to her, there was just such a frailty there under everything, emotionally, she was sort of unguarded and i found that so refreshing and so beautiful. and i think the great artists of all time sort of have that in them. you know, everyone from billie holiday to even elvis at his greatest moments, you knowing sort of inhabit that and that's
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why i think she'll go on to be a legend. >> she publicly battled drugs and chofor her adult life. that is what helped influence or take down her music? how do you see that as playing out? >> well, you know it worked both ways. one land in recent performances, during the last few years, she's barely held it together. her voice is gone. her voice was ravaged. in many times this the performances she was just not capable of going on. but at the same time it informed her music and muff like billie holiday, whom i mentioned it add this vulnerability and dimension to it that really informed it. there was a rawness and honesty about it in the lyrics. she sang about it. it was something that sort of made her lyrical subject matter more compelling. >> you say that you think she'll be remembered as a legend. is that in part because of the tragedy of how she goes out at age 27 along with many others who died at this age? is there a mystique about her now, or do you think had she not
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died so young she might have faded into the background with the sur against of adele and others with similar tones? >> i don't think anyone can deny -- she's only had two records -- but the second one were absolutely great artistic statements. i'm going to say it's one of the great records of all time. every track was sheer perfection, emotional rawness. it's impossible to -- i interviewed perez hilton, who knew her, the blogger, and he said no matter what she goes on to do with her life, she made that album and she has that album. no matter what happens, no one can beat that. >> ian drew, good to see you. american student amanda knox back in court tomorrow for a hearing on the appeal of her conviction for the murder of her roommate in 2007. a new report on dna evidence could help win her relief. nbc's keith miller in italy with the latest. good morning to you, keith.
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>> reporter: good morning, alex. this is crunch time for amanda knox in the appeal of her murder convection and her defense team in these closing days of testimony are convinced they'll get their client to be set free. despite years in president, amanda knox continues to appear as at all-american girl. the 24-year-old from seattle, washington, just celebrated her fourth birthday behind bars with a cappuccino, shared with inmates. knox expects to spend her next birthday back home with friends and family. >> she's definitely more hopeful that she will be spending christmases and everything from, you know, now on at home. >> reporter: on monday the court will hear crucial testimony from court-appointed forensic experts. in the absence of an eyewitness, and the defendants proclaiming innocence, the prosecution relied on dna to went a conviction. this case has always been about the dna.
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but during the appeal process, it appears a flaw has emerged in the prosecution's case. in a written report submitted to the court, the panel of independent forensic scientists say that dna evidence failed to conform to international standards. specifically, the dna material found on the knife, allegedly used to murder knox's roommate, meredith kercher, an exchange student from exland. the prosecution claimed there was dna from knox on the handle and dna from the victim on the blade. on monday, forensic scientists are expected to testify that the dna material was insufficient to reach a verdict of guilty. >> everything's turned. the truth is now finally coming out. you know, i think it takes some pressure off of all of us and i think maybe we're all -- i think amanda put it well, we're all breathing a little easier. >> reporter: in the closing stages of the trial the defense team will raise the issue of
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motive. the prosecution originally claimed this was a crime linked to a sex game gone wrong. but that theory was never proved and the fallback motive, that knox murdered her roommate in a jealous rage, has fallen flat. this week's testimony could reveal in the most dramatic way if an innocent person has been wrongly convicted. even if the testimony swings knox's way that doesn't mean she'll immediately be set free because the italians will take their annual august vacation. we're expecting a verdict from the trial judge some time in september. alex? >> keith miller in per roush shah, where you just put away that umbrella. the fallout over the debt ceiling. would the u.s. credit rating be downgraded even if there is a deal. bad sports. what happened after two runners got a dust-up on the track? i love that my daughter's part fish.
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well, the crisis in washington on raising the debt ceiling is facing another deadline today, house speaker boehner met with congressional leaders saturday after a session with president obama at the white house. boehner is saying he wants a deal by this afternoon, before trading starts in the asian markets, to avoid a market plunge. joining me, radio talk show host, jim le camp. good morning. is john boehner overstating the case about a potential market fallout, do you think, if this deal doesn't get moving on its way? >> he's right, to a degree, but i don't think it's going to be a crash. bear in mind the market and investors are have been expecting this deal to get done. we had a big rally thursday on leaks that a deal was about to be done. now we're finding out, well, there's no deal, we're also three days closer to the deadline.
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so i think the market does get a little nervous here, and probably sells off a little bit, but i believe a deal will get done, and most market participants believe a deal will get done. so i don't think we're going to see a crash on monday, but wall street hates uncertainty more than anything else how about the u.s. credit rating? could it be downgraded? some are saying even if there is an agreement because of the hull la ba loo. >> we'll be cycling through this for a long, long time. if you take all of our liabilities, moving forward in the future that number's about 61 trillion that we don't have any funding for. so one wonders why we haven't been downgraded already. i mean writings agencies have both said if this deal is a minor deal if it's just some sort of deal that's slapped together. >> a stopgap. >> yeah, a stopgap deal, they'll probably downgrade u.s. debt. the good news is, the united states is still considered to be
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safer than most countries around the world. >> we have treasury secretary tim geithner who says, as we enters the second half of the year here that he sees expected growth. do you agree with that, through the end of 2011? >> it's hard to see much growth. look at the economic indicators lately over the last three months and a lot of this was blamed on the factory slowdown in japan and the earth quakes and weather around the world but the fact of the matter is we haven't seen much improvement. the philadelphia manufacturing numbers were better last week, but new york's were not good at all. look at the jobless numbers they haven't shown improvement, neither has housing, i think we're going to see growth but it's subpar growth, maybe less than 1% and it's going to be mean tough things for jobs moving forward. >> unemployment can potentially tick upward. thank you. love's in the air in new york, same-sex couples lining up to say "i do." we'll hear from one couple who has been waiting to do this for 29 years.
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we set our goals higher than anyone. perdue is the first and the only chicken company to have usda-process-verified programs for fresh all-natural chicken. [ joe ] we never have used steroids or hormones of any type, and always raised cage-free. we're trying to make a better chicken.
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well, the first gay marriage in new york took place just after midnight, and today hundreds of other same-sex couples will be tying the knot, too. together for nearly 30 years, they join us from the new york clerk's office along with their daughter arc leah. welcome to the three of you. what festive rainbow leis you have. good morning. >> good morning. >> you could be in hawaiii excet for the fact we're able to do this here in new york. how long have you been planning for this day? >> boy, you know you don't really plan for the day because you don't think it's going to happen but this has been fabulous. i mean we have -- when we heard that this state legislature
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passed the marriage equality act we were thrilled and got everything going, as far as this day goes. so we're very happy to be here. >> you and several hundred others. close to a thousand other couples doing the very same thing today. mary jo, are you celebrating with fally and friends? what do you have planned? >> well, we have my sister and her husband flew in from santa fe, and of course our daughter's here. this afternoon we're having a small reception at the house but in october we're going to have a big shindig and try to get people from all over. >> party at the kennedy-shane place. with you, aaliyah, tell me what this means to you. >> aaliyah's not miked. >> she's not miked. i'm sorry. maybe can you give me a big thumbs up? speak up. you might be picked up by one of your mom's mikes. you're happy. >> what this day means to you. >> my god, i'm so proud to be --
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i'm so proud to be a new yorker. this is like i've been waiting for this day and it's rare that you see a child be able to walk her two parents down the aisle. i'm so looking forward to that. i couldn't be prouder of them. and i think it's a great day to be a new yorker. >> you know you make a very good point. it's a rare day that a child's able to walk her parents down the aisle like that. how about a honeymoon? i'm certain maybe it's just the two of you. do you have plans for that? >> you know we haven't made plans yet. somewhere down the line i'm sure we will go away on a honeymoon but we're just enjoying the day today. >> how about i'm looking behind you, is that the line there? are there a number of people behind you in line for all for the same thing? >> yeah. the line -- the line snakes around the building. it's really incredible. hundreds of couples here today. >> well, it's a very happy day, i know, for the two of you as well as-sayliya. mary jo, thanks so much. congratulations. best wishes.
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>> thank you very much. >> thank you. >> the horror in norway, the man who admits to the killings is talking to police today. what he says may shock you. in parts of the south it's not heat so much, another problem plaguing part there's. and the death of a singer. more details in the passing of amy winehouse at age 27. my contacts are so annoying. i can't wait to take 'em out. [ male announcer ] know the feeling? try acuvue® oasys brand contact lenses with hydraclear® plus for exceptional comfort. it feels like it disappeared on my eye!
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