tv Weekends With Alex Witt MSNBC February 22, 2014 4:00am-5:01am PST
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and that does it for us tonight. rachel will be back here in this chair on monday. and you can see me in just a few hours after i hopefully get a little sleep at least on "up." starting at 8:00 a.m. eastern time when we will have new reporting on the george washington bridge scandal. weekends with alex witt is up next. the last days of sochi with two new headlines. an american star is born and the u.s. men's hockey team is in a fight to at least win a medal. turning point? dramatic events in the ukraine could change the picture as president obama and vladimir putin talk. michael sam holds his first big public event since coming out. i'll talk to the former new york giants about what to expect. mind the gap. the biggest retailer will raise their minimum wage. could it have a ripple effect
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across the country? hello there. good morning, everybody. welcome to weekends with alex witt. alex is off, i'm filling in for her. here is what's happening. developing news. the day after a landmark peace deal, officers in ukraine have taken control of the city of kiev. there are reports the ukrainian president left town. days ago, the protesters surrounded themselves in a defiant ring of fire in independent square, a turning point in the three-month long stand off demanding ties with the west. in minutes, we'll have a live report from richard engel in kiev. meantime, we want to go to sochi. in a few hours, team usa will square off against finland in hockey in a battle for the
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bronze. canada beat team usa. within the hour, team usa's ted ligety will go for the second gold, this time in the men's slalom competition. he's a fan favorite, but will face fierce competition from austria and norway. friday night, alpine superstar, she skied her way to a gold medal and into the history books as the youngest woman to win olympic gold in the slalom. the colorado native is just 18 years old. good for her. now, it's time for the spoiler alert. okay, for the next few minutes or so, we are going to talk about olympic event that is have happened, but not been broadcast. so, turn away if you don't want to hear about them. remember, you can watch olympics coverage tonight in prime time on nbc. for more now on the games, let's go to kir simmons.
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what's the latest. >> 18-year-old celebrating this morning after that incredible gold win in the slalom yesterday. she now becomes america's youngest alpine skiing medalist. she made it through despite the wobble at the end. while there's celebration for the canadians today, desperation for team usa in hockey. tonight, they need to go back into battle to see if they can take a bronze in that competition. there's controversy at the end of the games with two athletes testing positive for drugs, one italian and one german have been sent home. one of the judges is married to a former russian figure skating president. people are asking questions about that. they are likely to be talking ability that decision in years to come. back to you. >> they have been talking about that. thank you for the update. here is a look at the latest medal count, team usa still in
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the lead with 27 total medals. russia close behind with 26, canada holding strong with 24 and norway and the netherlands both have 22. severe weather hitting parts of the country hard. first, 22 tornadoes were spotted in eight states on friday. then, in western pennsylvania, flooding became a problem after a snow and ice melt there. take a look at these pictures. a flood advisory remains in effect for pittsburgh until sunday afternoon. they are still digging it out. once again in the upper midwest. after 15 inches of snow fell in wisconsin. dylan dreier is here with the forecast. good morning. >> good morning, betty. after a wild day yesterday with a lot of tornado watches posted throughout the day, things are finally starting to improve. here is the cold front moving offshore. behind it, things are quiet. the cold front moves through.
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it's not going to cool off much today. it will cool off next week. we're starting off the day at 41 degrees in new york city. 40 in atlanta. 30 in kansas city. six degrees in minneapolis. it's where the next blast of cold air is moving in. it will start off at 23 in chicago and not warm up that much. we have a couple lighter snow showers through iowa. it's not going to amount to much. it will hardly accumulate at all. through the northern rockies, it's where we are going to see most of the snowfall. easily, six to 12 inches of snow. the higher elevations could get a foot and a half. temperature wise, 60 degrees in washington, d.c. 16 in minneapolis. it is going to heat up for sunday especially in southern texas, 85 in san antonio. 59 in washington, d.c. and 49 in new york. eventually, the colder air sushlgs in by the time we get to the middle of next week.
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betty? >> thank you for that update. protesters in arizona want governor january brewer to veto a bill that allows business owners to refuse service to gays based on their religious beliefs. she pushed this through the legislature backing it as a religious rights bill. opponents say signing the bill could trigger boycotts against the state. she's expected to make a decision next week. let's get to politics, other news in that realm. president obama ramping up the call for a year of action with the focus on raising the minimum wage. in his weekly address, the president applauded the gap's decision to raise wages beginning this year. he called on congress to pass a minimum wage hike for the rest of the country. >> in the years since i asked
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congress to raise the minimum wage, six states passed laws to raise theirs. more states are working on it as we speak. only congress can finish the job and lift americans wages across the country. congressman tom cotton criticizing the president's policies, including obamacare. >> obamacare will add trillions in new spending at a time of record debt. it means less money in workers paychecks or less capital to expand and grow. less growth means less opportunity and more stress for families. >> let's dig deeper. kevin and lynne. thanks for being with us. >> thanks for having me. hi, betty. >> lynn, you can't expect this peace bill, but what are the white house's realistic expectations on a minimum wage
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increase? >> in an election year, to have an issue, more than really to end up in reality than to think the house representatives run by the republicans are going to pass this minimum wage law. it's an issue that is very much alive in the states. there's governors in a group of democratic governors that met with president obama yesterday at the white house where they, you know, had an internal rally for this. but, the fact is, these governors, even democratic ones have tough times getting state legislatures to raise them. the states are ahead of the game. one way or the other, it is getting some progress. some states have raised it. i think the chance of congress passing a law in 2014 to raise this is slim at this time. >> you think it's a long shot. kevin, how much momentum does it have across the country, in your opinion? >> i think lynn had a great point about the states being
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ahead of the curve here. when you look at businesses like gap and to some extent walmart considering increasing minimum wage, i think the president's precedent from the state of the union address spurred action in the business community as we are seeing with gap. >> lynn, you know, we are nine months away from the 2014 midterm elections. it seems that's all we have been talking about. here is how the political team describes congress as we speak. i'm quoting, both democrats and republicans cleared the decks of anything that could divide their parties before the 2014 midterms. both are deploying a do no harm strategy. it's not even march one and they are waving this policy white flag. lynn, is that your sense of the scenario, the 2013 congress going to get anything done before the midterms? >> well, the answer is hardly likely. you pointed out that it's easier
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to stay united than visions. there are a lot of lawmakers that have primaries coming up. the primary cycles just kicking in. texas and illinois are the first two, then they roll out throughout the summer. big example this week of taking an issue that could have divided democrats on the back burner, obama said that he will not have, in his proposed budget, a suggestion to reduce the growth of social security. democrats hated that one. >> indeed. you know, politico has an article on midterm races to watch. for the senate, they include arkansas, georgia, louisiana, north carolina. the article also looks at eight competitive house races. i want to ask this, big picture, what is the potential for a power shift in the house or senate? >> the senate is in play for the republicans, which would have huge implications for president
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obama he finishes out his second term. but, big picture for the republicans, this is a midterm election about repealing obamacare, which has been unsuccessful argument they have tried to make. for the democrats, this is a big argument about income and equality, fighting for the middle class. which ever issue is dominant is which party will be most successful at the polls in november. >> i want to shift to stories that have people fired up. lynn, republican governor january brewer of arizona must decide whether to sign a controversial bill sparking a lot of protest. it was pushed through by social conservatives that allow business owners to refuse service to gay people based on religious beliefs. will the governor sign it? is it a matter of religious freedom? >> i don't think so. i think it opens the door to
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discrimination. it is -- of all the things to go after is to try and figure out someone's sexual orientation when they go to buy flowers. i read stories that said governor brewer, in the past, vetoed a similar measure, which suggests she might do it. certainly, this is a practical matter and doesn't help tourism and convention business. moreover, just the idea of a state legislature sanctioning discrimination is a terrible notion. >> indeed. we move from that to pot because why not? colorado expects to take in $184 million, this is astounding, in tax revenue for marijuana sales, just in the first 18 months since it was legalized in the state. in fact, you recently wrote about how the obama administration made guidelines
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to make it easier for banks to serve marijuana businesses. how is that working? >> all marijuana jokes aside, this is a business issue. when you have states like washington and colorado where recreational marijuana use is legalized, it's classified as a federal drug and against the law in a federal standpoint. another case where states are differing from federal law. as a result, these businesses are not able to get financial services from banks. they are having to use a lot of different measures that don't include the banks. what the obama administration did is said as long as the businesses are compliant with state law, they would not go after banks or credit unions who are using them. it's a fascinating issue and one that folks in colorado and washington are still hesitant about because a new administration could take a different approach.
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>> they are trying to figure out how to maneuver through it. thank you for your insight, we appreciate it. >> thank you. have a great day. >> you, too. let's get back to the dramatic events in the ukraine. is the fighting over? is the president gone? richard engel will join us live from kiev with the answers. if you haven't heard, the story about a baby rescued on a florida highway. stick around. this is one of the incredible pictures from that story. how is the baby doing right now? we have a live report still ahead. hey kevin...still eating chalk for heartburn? yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief!
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months ago after the president broke ties with the european union in favor of a bailout from russia. richard engel is live. have they fallen to the protesters? >> reporter: it certainly seems that way. we have been walking around kiev all morning. no evidence of government presence, government forces or government police. the offices are controlled by demonstrators. parliament is controlled by demonstrators. protesters are walking freely in the streets. the government troops seem to have melted away. the president, yanukovych has left. they are controlling access to his residence. demonstrators we are speaking to are coming out with their
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families, with their children, swelling into the streets. they certainly feel that this capitol is now in their hands and they hope the rest of the country will follow. >> essentially all this means is the protesters may have won this round. is that what we're understanding? >> reporter: the protesters believe they have won this round. we are certainly witnessing dramatic developments. there were intense battles in this square behind me, fires and bonfires. a massacre. that prompted yesterday's negotiated settlement where the president, viktor yanukovych started to shed his presidential authorities. once he started to relinquish the powers, the protesters pushed on. they had momentum and taking the
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city. they think this is the start of a revolution that will push the president out of power. the president is still, as far as we know, in the country, believed to be in the second city of ukraine where he does have supporters. whether he will try to make a comeback remains unclear. >> who is running the country at this moment? help us understand how this is all shaping up. >> reporter: it is a very surreal moment in kiev where you have the protesters organized into committees, running affairs, setting up check points across kiev. it's been very peaceful this morning. there is a surreal mood of calm in the city as these demonstrators are armed with shields, some still wearing ski masks are trying to direct crowds, protect some of the government buildings to prevent looting. it seems to be a leaderless
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movement. meanwhile, parliament is meeting. if anyone is in charge, it is the lawmakers in parliament right now and they are rapidly passing bills. it's unclear if they have the presidential authority to do this. they are passing bills and they just recently passed a bill to release the former prime minister of this country, who has been in jail. the last reports we got are she has been released from prison and she is a main rival to the imbattled president on the run. >> thank you for bringing us up to speed, we appreciate it. football player michael sam faces the media at a big nfl event today. what kind of questions will he face since coming out earlier. former new york giants head coach joins me at the bottom of the hour. our contestant. will she choose to help maintain her hands... or to really clean her dishes?
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in the three big money headlines, bigger paydays, dos and don'ts and new age atms. joining me to break it down, thanks for being with us. >> thank you for having me. >> let's start with bigger paydays for gap workers. you say they have been raised to $10 an hour. is that correct? >> what's going on is it's an unprecedented move. the retailers do not want to raise the minimum wage for workers. gap is going to raise it. now it's $9. it's going to be raised to $10 by 2016. this comes in the middle of this wage debate going on. the minimum wage debate going on in washington. ceo of gap corporation says he's not taking a position on that. he wanted to raise the minimum wage to entice the best workers to come in and work for gap
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corporation. they have banana republic. they have athletica and old navy. a bunch of brands. he wants to draw that talent in. the average wage in the united states, minimum wage is 2.7% lower than the average wage here in the united states according to mint.com. >> the dos and don'ts coming from google. what's that about. >> you have heard of google glass. they are glasses people can wear. 10,000 people were able to get it at $1,500. >> i remember. >> they are called explorers. part of the reason why they have to set up dos and don'ts is people were getting weird and didn't know the per am ters how to wear them. as dos, explore. explore google glass, take advantage of voice commands, ask for permission when talking to
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someone. the don'ts are funny. one of the don'ts, for example is don't wear google glass while you maybe are riding a caged bull. >> or a cage fight. who is going to do that? >> don't be creepy. don't stare at people when you have google glass on. >> i like the don't be creepy. we may need explanation on that. >> right. >> that comes in all forms. >> the fact you have to say that is creepy. >> that's so true. there is a new age atm most of us won't be using for now, which is a good thing. i don't understand the value of this bit coin. >> you and a lot of people. bit coin is a digital currency. it's new. they established this so it was a currency that could be transferred from person to person. it's done digitally. they have designated people that mind the bit coins. it's very new.
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it's relative right now, but what they are doing is establishing these atms in three cities. the first one is in boston, near south central station. the other is in austin. the other is albuquerque, new mexico, my hometown. as people are getting to know how to use it, they are starting to be established all over the country. >> i have to get bit coins. thank you appreciate it. the new american alpine superstar after she skied her way into the record books. today's one minute playback, i want to tell you about that. a must see clip from premier week from "the tonight show" with jimmy fallon. justin timberlake was the guest and they did the history of rap, part five. >> kick it. ♪
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[ male announcer ] bob's heart attack didn't come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. welcome back to weekends with alex witt. it's 32 minutes past the hour and time for the fast five headlin headlines. the vatican was the headline for papal past and present. pope benedict attended a service. it's the first time they
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appeared together. in chicago, same-sex couples began obtaining marriage licenses after a federal judge gave them the green light. they can still not get married until june 1st. when the law takes effect. in bridgeport, connecticut, the mothers of two grade school children are demanding the principal be fired for dragging their children across the hallway. check out this video. after viewing surveillance shots, they suspended the principal, but says she does not deserve to be dismissed. because of a fire that engulfed at least ten boats at a washington state marina is under investigation. it started in one boat and quickly spread to the others. no one was hurt. new york survived a run-in with a sinkhole. a woman was shaken, but not hurt. this happened yesterday when she pulled into her own driveway.
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can you imagine? firefighters arrived a few minutes later and helped her escape through the drivers side window. those are the fast five headlines. the white house says an agreement between ukraine's government and the opposition should be implemented immediately to end the violence that gripped the city of kiev all week. president obama discussed it with russian president, vladimir putin. kristen welker is at the white house. what have you learned about the conversation between president obama and president putin? >> reporter: betty, good morning. the call lasted more than an hour. both sides describing it as constructive. the unrest in ukraine comes as tensions have been mounting between the united states and russia. they both agreed the violence has to end. president obama called president putin on friday. in a statement, the white house said the two leaders exchanged views on the need to implement
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the political agreement reached in kiev. >> president obama underscored we have a significant opportunity with the cease-fire, with the agreement that would bring in a coalition government to reduce the power of the presidency. >> reporter: the phone call initiated by president obama was another move in the full court diplomatic press undertaken by the u.s. and european partners to push the ukrainon government into violence. >> the fact of the matter is, it is in russia's interest for the violence to end in ukraine as it is in the interest of the united states and our european friends and most importantly, the ukrainian people. >> reporter: earlier this week, the president used an international trip to call out the ukrainian government. >> we hold the ukrainian government primarily responsible for making sure that it is dealing with peaceful protesters in an appropriate way. >> reporter: while the efforts
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seem successful, the white house still dangled the threat of sanctions beyond the travel ban that has been implemented. now, there were a flurry of high level talks yesterday. secretary kerry reached out to his counter parts in the region. president obama and president putin discussed the situation in syria and mr. obama congratulated putin on the olympics. betty, back to you. >> kristen welker at the white house. thank you. >> reporter: thanks. a media frenzy is under way in indianapolis this afternoon at the nfl combine. michael sam will speak with reporters for the first time since announcing that he is gay. the university of missouri star will become the first openly gay nfl player if drafted this spring. joining me to talk about it is new york giants head coach jim fassel. good morning. >> good morning, betty. >> we have seen the workouts and drills. what goes on with this when it
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comes to the coaches and the interviews, all of that behind the scene that is we don't get to see? >> first of all, each team gets to request 60 players. they get them for 15 minutes. you don't get 15 minutes because the horn sounds. if i'm the head coach, i get him next. we have a runner at another team, you grab him, by the time he sits down and you talk with him, you have 12 or 13 minutes. from a head coaching standpoint, it's the most valuable time. i can watch tape of him playing, but i want to ask very good questions. now, you can't ask a guy if he's married or has a girlfriend or that stuff. >> okay. >> i try to focus on the substance of a person. have they had concussions or participated in other sports in college or high school. what do they want to do after football is over? what do you want to do? those are things, who is your role model? things like that that tell me more about the substance of the
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guy. >> many sports reporters have been writing that sam's sexuality won't come up in the team interviews. the vikings gm, in fact, told usa today, all he cares about is if a player can win games. do you buy that? >> yeah, i do. i really do. no, you can't ask him his sexuality. that's off the table. to me, you know, in the locker room, with the coaches, if you are a good guy, i mean a team guy, the long description of that, a guy that comes in and works hard and can help you win, i think we are in a different generational thought process right now. 25 or 30 years ago, it might have caused a big stir. they will accept it as long as he can help them. him coming out and announcing it, it's the right thing to do. to hide it, you are not going to hide it. everything i hear, his teammates in missouri loved him. they cared about the guy because
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of the way he acted and played. i think it will carry over. you are not going to get 100% of the players to accept it. a hyma jorty will say i'm fine with it. >> if you were a coach there, what is the first question you would ask him? >> what i was talking about. i want to know about his background @letically. i want to know what he's thinking about in the future. i don't like it when a guy says i don't know, when football ends. it shows me he's not motivated to be the best he can be. i might ask him who his role model is. i like to hear his father, you know, because he's probably had good guidance in the home, things like that. you have to get away from the other stuff. you can't ask him, you know, the trick question, if you want to find out he's gay, do you have a girlfriend? no. are you married? no. you don't want to assume that but you can't ask those
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questions. >> find out what drives him. harassment is an issue with the jonathan martin controversy. how do you think that will affect how teams approach this? >> what you have is guys lost their jobs in miami. i don't disagree with that. i'm sad about it. as a head coach, you know what's going on in that locker room. id go to the trainer. i go to the equipment man. i have leaders on the team like michael strahan, tiki barber and those guys. i had a private discussion with them about guys, whatever starts going on here, if it's going to disrupt the continuity of our team and the family atmosphere i'm trying to build, come to me and i'll dee with it. nobody will know where i got the information. i want to know what's going on in the locker room. you can have a guy or two and it's going to divide the team. i want to know that. it's the job of the head coach. >> knowing nfl players as you
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do, how do you think the majority will treat michael sam? >> i think they will treat him fine. to a lot of the guys, it's a nonissue. if you can help us win, you are here. if he acts good and doesn't isolate himsz or anything like that, i don't think it's going to be a big deal. a lot of times people talk about the showers. take a shower, get dressed. i wouldn't have an issue with that. i think, also, you know, prejudices, whether it's racial or sexual or whatever, we have moveed from 25 years ago. younger generation, the locker room is in their 20s, mainly. those people, they don't carry the same prejudice people carried 50 years ago. >> you would like to think we progressed, but what about hazing and locker room talk and that mentality? it has to be a bit of a force, correct? >> you are exactly correct. there's guys, no question, there
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will be a few guys that take it over the top like incognito and martin case. you have to stop it. i never had anything like that go on. i had a few times somebody said hey, jim, we have a rift going on between these two guys. i say knock it off. you have risk-taking aggressive males. you have to assume that. this isn't church choir we are coaching here. you have to be alert that stuff will go on. you don't turn your blind eye on it. >> let me ask quickly, do you think some teams are not going to want to draft him because of the attention, however unfair that might be? >> you know, there might be a team or two, might be. they will never come out and say it. nobody will know because we just passed because we got a better guy. there might be. my gut tells me the only reason for that is it would cause such
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a media stir and we don't want that hovering over us. >> they like to use the word distraction there. >> yes. >> it's become a keyword these days. coach jim fassel thank you for joining us. >> thank you, good to be with you. courage comes to the rescue to save a precious life. don't miss this. it's next. each ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. new business owner, it would be one thing i've learned is my philosophy is real simple american express open forum is an on-line community,
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the way i see it, it's the next guy's problem. oh, larry. she thinks i'm crazy. mm-hmm. but would a crazy person save 15% on car insurance in just 15 minutes? [ chuckles ] [ male announcer ] 15 minutes for a quote is crazy. with esurance, 7½ minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! [ male announcer ] new alka seltzer fruits chews. life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important question is the one you're not asking? what if the underlying cause of your symptoms is damaging inflammation? for help getting the answers you need,
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talk to your doctor and visit crohnsandcolitisinfo.com to get your complimentary q&a book, with information from experts on your condition. >> you have to see these frightening moments on a busy highway. an aunt's desperate attempt to help her nephew. a newspaper photographer captured it all with his camera. mark potter is in miami with more on this. the attempt to revive this baby was truly remarkable. >> reporter: absolutely. this was remarkable and chronicaled by a photographer who helped first, then took
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pictures. that boy is being treated here at the hospital in miami. doctors say he's in critical, but stable condition after a close call in which a number of strangers ran in to help. 5-month-old sedati bags was bor premature. suffering from decongestion, they were returning from a doctors visit when an emergency occurred. >> we have several reports of a woman exiting her vehicle screaming for help. >> reporter: her nephew just stopped breathing. out of the car, she dropped to the ground to help the child. >> i administered cpr. i was scared to do it because it's been seven years since i learned how to do it. >> reporter: in his car was a photo journalist, al diaz who ran to find help. >> i turned toward traffic
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trying to flag somebody down. >> reporter: this woman rushed to help and comfort and dial 911. diaz found a sweet water police officer. >> your child you need to save. >> when he started breathing, the officer took him from me. that's when i broke down crying, out of relief. >> reporter: with the situation under control, diaz took pictures for the newspaper. photos released from the hospital, he appears much better now, thanks to all the strangers who joined to help him. >> doctors say they don't know why he quit breathing, but they expect his condition to continue. his aunt is grateful for the people on the highway that stopped to help. doctors are urging everyone to learn cpr. in this case, it saved a life. >> thank you so much. coming up, the truth behind the new report on the minimum wage,
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in today's weekly address, president obama weighs in on the gops decision to rage the minimum wage by $10 an hour by next year. >> one of merp's largest retailers, the gap, decided to raise minimum wage for their employees this year. this means more families will be able to raise their kids, finish their studies or keep up on their bills with a little less stress and strain. >> earlier this week the sboc said the increase could mean a loss of half a million jobs but would give 16 million americans a pay bump and bring a million out of poverty.
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joining me is a senior fellow at the budget and policy priorities. >> my pressure. >> this is one of those reports where each side did cherry pick the data that served their means. republicans latched on to the job losses figures. what does the day that that you've looked at tell you about those losses? >> well the idea that there was some cherry picking going on was, as you suggest, very common for this sort of thing. let's take a look at the two cherries we're looking at. on one hand we have $500,000 jobs lost. it's not just that 16.5 million get a pay bump, there's another 8 million on top of that that the cbo reported would also get a pay hike, folks whose wages are slightly above the minimum. they do are going to benefit.
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we're talking about 24 million people getting a wage increase, low wage workers who need it against 500,000 jobs loss. that's about a 98% success rate. i challenge those who oppose the policy to find something that's going to lift that many wages with that small side effects for no federal budgetary cost. >> i want to put some numbers on the screen so people can really understand and digest this. the big numbers were pay bumps were 16.5 million, 900,000 fewer americans in poverty. would you see those benefits as worth the risk of those job losses that the cbo talked about? >> the short answer is yes. there's also a trade-off in any economic policy you can think of. there's no policy that just helps everyone and doesn't hurt anyone. there's no such thing. so you have to weigh costs against benefits.
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we're talking about 16.5 million low wage workers, folks who have been facing tough wage trends, against the 500,000. now let me say one other thing about that 500,000 jobs lost. when those low wage workers get their next job, it will be a better job with a higher wage. so i think it's a good trayoff but i think you're right to focus on both sides of the issue. >> in his letter to employees, the gap ceo wrote this, saying, to us this is not a political issue. our decision to invest in plont line employees will directly support or business and one we expect to return many times over. do you see that philosophy and business model working for the small delis and book storeses out there? >> i really do. what's happening with the gaap,
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and even walmart made a similar comment earlier in the week -- is one of the things that happens when you raise workers' wages, you cut out some of the inefficiencies that are hurting your business, you have fewer vacancies and fewer turnover. you tend to invest morning in the training. in that regard there are many credible economists who find that 500,000 job estimate too high. there's quality research on minute money wage increase that show the job losses are smaller than that because of the offsetting things that i just noted. >> it's going to be interesting to see how this trickle down effect takes hold if it does, across the nation. it's a very interesting notion to see what gap is doing and possibly even walmart. we thank you for your insight today. >> my pleasure. >> that wraps things up for this
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hour, weekends with alex witt. straight ahead, though, "up with steve kornacki" he has more information on bridge gate and the port authority's connection to governor christie. have a great day, everyone. yes, staples has everything you need to launch a startup from your garage... mom! [ male announcer ] except permission to use the garage. thousands of products added online every day... even safety cones. now save big for your business with a $25 staples gift card when you buy a tablet. staples. make more happen. i can't believe your mom has a mom cave! today i have new campbell's chunky spicy chicken quesadilla soup. she gives me chunky before every game. i'm very souperstitious. haha, that's a good one! haha! [ male announcer ] campbell's chunky soup. it fills you up right.
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♪ we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how many years that amount might last. ♪ i was trying to like pull it a little further. you know, i was trying to stretch it a little bit more. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. [ man ] i looked around at everybody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the here and now. so it's hard to imagine how much we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement.
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♪ ♪ what we have dug up in the 2,000-page ft. lee document. we're going to look at where the focus of the investigation into the george washington bridge lane closures turned this week but to get there we're going to have to start this morning's show three years ago. in the spring of 2011, that's when unruly scenes like these were common in trenton, new jersey. the public employees from across the state descending on the capital to fight a massive overhaul o
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