tv The Cycle MSNBC June 23, 2014 12:00pm-1:01pm PDT
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like a loss, but it actually a tie, which is like kissing your sister. still, that's a big feat for an american team not expected to go far. america's most popular coffee chain brewing a price hike this week. and the nation's highest court is keeping judicial junkies on edge once again. the divided justices rolled back the epa's ability to limit greenhouse gases. but the ruling isn't expect the to affect the obama administration's latest climate change actions. some of the term's biggest decisions are coming down the pike this week. all that is cycling now, as is iraq, which is under siege. >> the very future of iraq depends on choices that will be made in the next days and weeks, and the fup of iraq depends primarily on the ability of iraq's leaders to come together and take a stand united against isil, not next week, not next month, but now.
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president obama has not declared that he will wait. and the president is prepared to take action when and if the president decides that is important. >> i'm toure. today, iraqi prime minister maliki is vowing he can get a new inclusive government in place by next week. but the situation there is cycling out of control, and many are blaming maliki for ail yes nalting sunnis and the kurds and sparking the resurgence of isis. calls are growing for maliki to step down, but the white house isn't going that far yet. they're in a wait-and-see pattern, hoping maliki fulfills his promises. president obama told msnbc that the iraqis themselves must form a unified government that includes their political opponents. >> the test now, not just for mr. maliki, but for all the leadership in iraq, is are they able to set aside their suspicions, their sectarian preferences for the good of the whole? the one thuing i do know is if
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they fail to do that, then no amount of military action by the united states can hold that country together. >> as our friends point out, the shiite dominated central government cannot retake sunni areas militarily. the only way would be through a political negotiation that will leave the majority of sunni stake holders to align with baghdad and turn against isis. isisi, of course, now controls hundreds of miles of territory, including key border crossings between iraq and syria. nbc's ayman mohyeldin is in iraq. isis is now moving fighters freely across these borders. they are marching towards baghdad. secretary kerry is holding meeting after meeting. what impact is that going to have? >> reporter: well, there's no doubt that the future of iraq as secretary of state john kerry highlighted depends on what iraq's leadership does. now, there are two major issues.
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one is the shape of the government that comes into being, but two, the timeline in which it takes to get that government formed. now, this country held elections not too long ago. his party, prime minister maliki's party, won the majority of seats or the bulk of the seats, so he has the right to form that government. but he's got to form a coalition that the u.s. and others want to be more inclusive, more pluralistic, more representative. the u.s. wants that timeline to happen rather quickly. they don't want it to drag on for months as it usually does in iraq. they don't have the time for that because we've seen isis make territorial gains day after day. that's one issue, to try to get that government in place quickly. but the other issue is the power broken that will take place behind closed doors. what can he offer the kurdish community to try to bring them back to the table and to be part of his inclusive government? and then there are questions to do whether or not prime minister
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maliki is the right person for that job. can he be the one to bring all of these factions together around the table. a lot of questions, not a lot of certainty about them. but at the same time, on the ground the reality continues to deteriorate because isis is making strong pushes. they now control the border between syria and iraq. that allows them to bring in weapons and fighters. and they show no scienigns of letting up their attacks on cities that lead to the capital baghdad. that's why this situation is extremely explosive, but more importantly it really is on a very serious time crunch. >> ayman mohyeldin, thank you very much. let's bring in the vice president of middle eastern and south asian affairs at stratfor. isis has now taken over a town bordering syria. sounds like a strategic capture, which allows them to move weapons and people between the two nations, giving them a lot more options. >> indeed. but we need to keep in mind that
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we shouldn't conflate isis or isil with the sunni population because isis/isil has a limited number of fighters on both sides of that border and only goes so far in terms of being a player. this is a general sunni uprising. yes, the sunnis are using isis/isil as a force multiplier, and likewise, the jihadist group is trying to exploit discontent with the shiite-dominated regime. but nonetheless, there are constraints we need to be mindful of when we start to say, you know, well, they're approaching baghdad or they've taken up this territory or that territory. the key thing here is that we need to define very clearly what it is to take over. it's one thing to surge forces. it's another thing to be able to retain it. >> cameron, susan ox here in for crystal. we saw secretary kerry has been on this diplomacy tour. he was in egypt yesterday talking about how the u.s. is now releasing some of the military aid that we had frozen
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last year and their potentially ten apache helicopters coming their way. but is egypt in a position to do anything here? >> i don't think so. egypt has a lot on its plate. its own domestic situation is in shambles. general sisi has become president. he needs to settle down in his job. he needs to improve the economy and fast. he needs to tell the people over there why they elected him and that he can actually make a difference in the life of the common man and that's a huge challenge for him. then he's got security issues. he's got jihadists of his own to deal with. the struggle with the muslim brotherhood, the border with libya, the border with the sinai. i doubt cairo is in any position to help. >> when you look at our history here with iraq, americans have spent a lot of time thinking about and invested in our dealings with this nation. very little time thinking about syria. how much of the current disruption relates to the loss of control of some of these
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areas in syria and the ability of these insurgents to use it as a foothold to go into iraq, and what, if anything, do you think that should counsel us to do vis-a-vis syria? >> i think that there is an organic link between the two countries. mind you, when isis used to be isi, the islamic state of iraq, they had not gone into syria. they were already using syrian territory for their operations in iraq. and once the syrian uprising took on the shape of a civil war, isi turned into isis and really exploited the situation there, took up territory. so this is a transnational phenomenon. their aim is to set up some sort of am ret that is going to be in eastern syria and western iraq. you know, pulling all those areas together where they have a stronghold and creating that entity. so, yes, it is important that while we deal with iraq that we
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also understand that there is also a syrian side of the equation, and it will be key to bring in some of the regional players. we're already doing that with iran. i suspect we need to do that -- we'll be doing that with saudi arabia. >> why do you emphasize am rat? >> well, cay la fate means a global entity where, you know, it's theoretically, according to medieval islamic political theory, sort of a general. you can have only one. the goal of isis in the short term is an emirat. they also know what constraints they're looking at. >> let's bring it back home a little bit. both political sides are using this, you know, to hit the other one, to blame the other side for where we are today. the reality is whether or not we have overreach, and i would make the argument that we have certainly overreached when it comes to iraq, we are here. we are where we are. what would you say to folks like
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rand paul and isolationists who have are saying, look, we're sick and tired of this, we should do absolutely nothing. we need to sit by and let this play out. what's the reality if we do absolutely nothing? >> well, it's not in the interest of a global superpower like the united states to sit around and do nothing. it would be disastrous because ultimately, you know, the united states is a power that needs to be able to maintain, you know, the balance of power in different regions. in this case, iraq, syria, the persian gulf and the wider middle east. if we do nothing, then this place will continue to descend into chaos. sooner or later, it will spiral out of control. we don't want this thing affecting saudi arabia. we certainly don't want this thing affecting jordan. we want to be able to contain it in syria and iraq and hopefully dial it back. if we just do nothing, there is no other force out there that can actually i don't know turn the tide here. >> cameron, thank you for that very much. up next, hillary steps into
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it again. "the cycle" rolls on, and we'll destruct that. it's monday, june 23rd. it's always the same dilemma, who gets the allstate safe driving bonus check. rock beats scissors! wife beats rock. and with two checks a year, everyone wins. switch today and get two safe driving bonus checks a year for driving safely. only from allstate. call 877-218-2500 now. zach really loves his new camera. problem is...this isn't zach. it's a friend of a friend who was at zach's party and stole his camera. but zach's got it covered... with allstate renter's insurance. protect your valuables for as low as $4 a month when you add renter's insurance to your allstate auto policy. call 877-218-2500 now. what are you doing? we're switching car insurance. why? because these guys are the cheapest. why? good question. because a cut-rate price could mean cut-rate protection. you should listen to this guy. with allstate you get great protection, a great price, plus an agent! and safe drivers can save up to 45%. call now and see how much you can save.
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is it downhill for hillary? her massive book tour and pr blitz for "hard choices" seems to be causing more bad press than good. the book has dropped to 15 on amazon, and critics charge she sounded out of touch by saying she was dead broke after leaving the white house. that's despite earning $100 million in book and speaking fees. now critics are again calling her out for saying voters can relate to her over paying taxes on that income. it's in her interview with "the
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guardian." voters don't see her as part of the problem of growing economic inequality because we pay taxes unlike people who are truly well off. here to help us break that down is patricia murphy, contributor to "newsweek" and the daily beast. welcome. >> hi. thanks so much for having me. >> my question for you is, i actually read this, and i think i'm not sure this is going to stick to her. i think her brand has already really been pretty well established in terms of a hard worker. she really, i think, identifies more in a middle class way. if you look at somebody like, say, george w. bush, who came from an incredibly patrician background, he had a very regular-guy kind of brand and was able to relate to people and that resonated with him. i wonder if this is really going to stick to her. >> well, i think we don't know if it's going to stick to her. i think we do know that this is really a big unforced error. it certainly is no secret that the clintons have made a lot of money since president clinton
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left office. it's not a secret that the clintons really live in relatively rarefied air as such high-level former government officials. they run in really fast circles. they make a ton of money. they're friends with a lot of really wealthy people. that's not a surprise. what is a surprise is how difficult it is for hillary clinton to talk about their money and to sort of position themselves as people who grew up a certain way and now make a lot of money but still care about the middle class. throughout this book tour, i think we just haven't heard that message come through. we've heard these multiple missteps about how she characterizes her own wealth and the president's wealth and what it really means to be dead broke. it's the exact wrong conversation to have. it feels like the wrong time to be having it. it just makes you wonder, why is it so hard for her to have this conversation? it feels inauthentic. i think that's the biggest rap against hillary clinton among people who are not her supporters, and to me, it feeds into that. i think it's a problem for her. i actually really do. >> i don't even know why she has to bring it up. every time she says something like, we were
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dead broke when we left the white house, or i pay ordinary taxes t makes her appear more and more out of touch, which in a weird way is sort of like the reverse romney effect. i think it's worse because she's representing the democratic party that, as we know, they're trying to define this their tiff as being there for the middle class. talking about raising the minimum wage. "the washington post" hit on this saying democrats should be very concerned when they make these statements. they say, clinton needs to understand that her clumsy talk about her wealth can, if not handled properly going forward, turn into a gateway to a broader "she just doesn't get it argument" that could be very effective for republicans looking to show her momentum in the race. patricia, why does she bring this up? there's no need for it. >> i think sometimes she brings it up. there have been multiple follow-up questions about it. it almost doesn't matter who brings it up. it matters how she talks about it. the piece in "the post" was right on point. the reason this matters is because it is no coincidence
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republicans are hitting a more populous theme. the white house is having a working family summit today. the middle class is up for grabs. the middle class is in trouble. both political parties know that. and if hillary clinton can't resonate with the middle class frkts middle class doesn't feel like maybe they once had something in common with her but they don't have anything in common with her anymore, who do you have? there is a very active, small but active, piece of the democratic party that doesn't feel like the clintons talk for them. this is the group that wants to see elizabeth warren run. there is a populous piece of the democratic party that are not clinton supporters. they weren't before. they're not now. if she continues to have these kind of missteps, it gives a lot more momentum to somebody who's thinking about running against her. >> maybe, patricia, but hillary clinton, as pointed out in "big money," hillary clinton could be the most powerful fundraiser in american political history when you think about the clintons' relationship with wall street, the famous clinton donor
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maintenance, right, and the citizens united or post-citizens united world. hillary and bill could go out and shake the tree and raise more money than even anybody on the right. that makes her a very powerful force. >> she's a powerful force no matter what. but money isn't the question here. it's really two sides of the same coin. yes, she can raise a lot of money. yes, she's very wealthy. there's just no dispute about that at all. the question is, will voters pick her? eric cantor, you know, you can outspend somebody 20 to 1, you can outraise them 20 to 1 and still lose. >> but the cantor analogy in a very small primary midterm year is not at all the same as when you're talking about a national race. >> i'm not drawing that as a direct analogy. i'm saying, there is just a truth in politics. if voters don't feel like they are in touch with you and you
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are in touch with them, they're not going to support you. they're not going to like you. they're not going to trust you. hillary clinton has opened this door a little bit. i don't think it's fatal at this point. i just don't know why she's out there so soon, and i don't know why she's making these kinds of mistakes. that shouldn't be the problem. bill clinton is one of the wealthiest men formerly in politics. he still resonates with the middle class quite easily. hillary clinton needs to stay grounded. >> you mentioned the timing and so soon. i want to get to that. number one, i'm reminded of the famous clothing company for us by us or fubu. a lot of people remember fubu. big urban clothing manufacturer. >> why do you remember them? >> the reason i'm reminded is i think this entire story is very much by the media for the media. she's written a long book about her tenure as secretary of state. the world is obviously on fire right now. a lot of reporters, ourselves included, because we talk about politics, are focused not even
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on what's in the book but what's come out in a couple of these interviews. if she doesn't answer the questions, she's being evasive. if she answers, it's the wrong answer. but you went to something else that's interesting, which is the timing. why are we going so early? has the clinton machine here invited that? you can see here on our chart, we've added over the years about half a year to the total time of the election if you look at how many months out people announce. 13 months at the low end from bill clinton in '92. up to close to 19 months. it's a bipartisan trend. you could argue here that by putting a book out in a political context, whatever's in the book, they're doing themselves a disservice and extending that even more. now it's a preseason. it's way more than 19 months. walk us through the politics of that. >> i totally agree with you. just look at her approval ratings. her approval ratings today are as low as when she had just lost the democratic nomination just before she gave the nominating
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speech for president obama. she was just soaring as secretary of state because she was seen in a nonpolitical context, in a political context, even when she was no longer secretary of state, she disappeared very, very briefly. her ratings stayed up there. now that she's put this book out, of course it's going to be seen in a political context. of course republicans are going to come out and try and beat up every single thing she says because she's not quite a candidate. she doesn't have a response to get out there and say, this isn't true. she's also out there. i think for her, she would have done herself a lot of favors to just go have a life, even for a year. go shop at target. go just be a normal person. try to be a normal person. be around normal people. at least just get to know the american people. i think it would have helped a lot. >> we'll certainly be watching as this unfolds. patricia murphy, thanks a lot. up next, snatching defeat from the jaws of victory. that's not the way it was supposed to go. team usa suffers a stunner, but their world cup dreams are far
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hire an intern. and still have time to spare. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business. built for business. news cycle begins with new details on the condition of america's only p.o.w. from the war in afghanistan. now safe on american soil. bowe bergdahl has been moved from an army medical center in houston to a base in san antonio, where he's being treated as an outpatient. doctors say bergdahl is slowly being reintegrated into regular life and social situations. it won't be until doctors give the green light that army investigators will begin digging into the reasons behind his capture five years ago. pennsylvania's attorney general today cited crucial missteps in delaying the investigation that eventually got former penn state assistant football coach jerry sandusky convicted on 45 counts of sex abuse against minors. the report cites an inexcusable
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lack of urgency. the report found no political motives. meanwhile, it's been years after the recession was officially declared over, but for many american, the rainy day funds they try to have are still dried up. according to a new survey, a quarter of americans don't have any savings at all. two-thirds couldn't survive about six months out of work. analysts who pored through the data were most surprised by the fact these numbers have not improved despite other signs of improvement. now your storm cycle. the forecast is starting to sound like a broken record for millions living in the mid west. hail, strong winds, and flash flooding are in store this afternoon and evening for areas stretching from the great lakes all the way down to the mississippi valley. isolated tornadoes are also possible tomorrow. the storm threat dies down there, and it will be our turn here in the east to keep an eye on the sky. >> great. turning now to the game everyone is talking about today. team usa's heartbreaking tie with portugal last night.
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nbc's bill neily has the recap for us from brazil. >> reporter: it had started so badly. the u.s. behind within five minutes. >> a miscue. oh, my goodness me! >> reporter: a terrible defensive error seized on by portugal. nani making no mistake. >> the usa. >> reporter: they almost went two up. one portugal shot rattled the post. >> nani again. oh, tim howard missed it. >> reporter: they next produced a world-class save from tim howard. >> another miraculous save. >> reporter: then the moment america was waiting for. >> jones. oh, yes! >> reporter: jermaine jones letting fly and bending the ball in. the relief on the faces of the fans was clear. back home where fans watched in huge numbers, pure joy. it wasn't long before it turned into euphoria.
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captain clint dempsey playing with a broken nose, scrambling it in to score his second of the world cup. >> captain marvel again. >> reporter: across the u.s., an explosion of noise. the u.s. looking dominant. the writing was on the wall for portugal when suddenly -- >> and it is an equalizer! >> reporter: there had been just seconds left. the fans inside the stadium and back home couldn't believe it. the team left the field deflated. so close to going through to the knock-out stage. their coach, though, positive. >> it's unfortunate, but i think it was an amazing game. amazing performance by all guys. >> and team usa world cup hopes are still alive and well. they take on germany this thursday at noon eastern and are going for the win, i hope so. but that's not only their way out of the so-called group of death. our friend jordan schultz, sports columnist at "the huffington post" joins us now. watching that play again just
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now, my heart just sinks. >> painful. the crazy thing is, as we were just saying, if you would have told u.s. fans, you have four points through two games, you're down at the half to portugal, you're going to tie the game, i think every realistic u.s. fan says we'll take it. now they're in an unbelievable position. >> what are our options? >> a tie puts germany and the u.s. through. a win puts the u.s. through. you can see the goal differential is why they're in second and not first. the story line is tremendous. you have the u.s. coach who won a world cup with west germany in 1990, who coached germany. his pupil, his apprentice is now the current coach. there's an abundance of story lines. a draw would mean both teams go through. i just wish they could work something out that way. >> oh, stop it. trying to work something out and somebody score at the last educational background and you lose. what players have been the greatest joy to watch? i got to think it's between
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messi, rinaldo, and maybe dempsey. who you loving? >> i also love luis suarez. comes on strong in the second game. also, robin van persie from the netherlands. but clint dempsey, two goals in two games. suffered a broken nose. he's a warrior. i interviewed him before the world cup. the guy is absolutely one of the most competitive people i've talked to. very humble. >> not many people put it in off their chest. love that. >> no, and molner from germany. this is a tremendous task. germany was my pick before to win it all. >> so jordan, we're all hyped up talking about this now. it seems like every four years we get soccer fever. every four years they say this is going to be the year it take off in the u.s. we see the cheering crowds. is there any sign this year is going to be different? are we going to see soccer come into the mainstream in the u.s.? >> you can see the park there.
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that's unbelievable. the problem is that the world cup galvanizes people, yes, but it's only a month. it's every four years. it's an unbelievable event. until you have your best athletes playing a sport, until soccer is so relevant like the nba or nfl, i'm going to say no. now, the ratings are through the roof. we've already seen two of the highest rated games in u.s. soccer history. >> amazing. >> i would expect germany to eclipse that. if they can get through, get out of this group of death, which a lot of people didn't think they would, then you would see better ratings. but until the usa has elite soccer on an annual basis, probably not. >> or if they change it so you can use your hands. >> right. and americans don't like ties. we don't do well with ties. >> speaking of use of your hands, you talked about your favorite players. mine is tim howard. he's the best goalie in the world cup. phenomenal. love that. >> good point. the goalies can use their hands. >> yeah, that's great. that's a great way to end this conversation. jordan, always so great to have you. i hope we have you on again. i hope the u.s. stays in it as
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with a little help from us, they actually doubled their output speed. a hundred percent bump in efficiency. if you just need a loan, just call a bank. but at ge capital, we're builders. and what we know... can help you grow. new york senator kristen gillebrand has a plan to expand online voter registration across the nation. 23 states still don't allow voters to register online. her bill would compel states to offer that option. apart from congress at the state level, 16 states have enacted rules making it easier for people to vote since 2012, including online registration and more early voting options. according to a new report, more states are cracking down than easing access to the voting booths. 22 states have passed rules that
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make it harder to vote since 2010. that includes erecting hurdles to early voting and registration. a big issue in the moral monday protest we've been covering in north carolina. and also those new voter i.d. requirements. there are lawsuits challenging some of those restrictions in seven states. many restrictions disproportionately affect poor and minority voters. here at the table to explain a co-author of the report a voting expert at the brennan center and former clerk on the third circuit court of appeals. welcome. >> thank you so much for having me. >> absolutely. one of the things the report points out is that, yes, voting can always be politicized. but recently we've seen a greater wave of restrictions since any time since reconstruction. tell us about that. >> sure. i mean, we're in 2014 and still the right to vote is very contested. we're in the middle of a fever-pitch battle that has partisan and racial tinges over the right to vote. and there are three actors in
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this happening. on one hand we have the politicians that are trying to manipulate the rules of the game to keep some people from voting and some people not. then we have the voters that are fighting back. they're fighting back in the state houses and the courthouses. and then we have the voting rights act, which for decades offered a tremendous amount of protection to much of the country that needed it most. as all of you all know, and as i'm sure many of your audience members know, this voting rights act was very much in feeble by a decision last year called the shelby county decision. until we get a new voting rights act, we're going to continue to have some of our most vulnerable voters not have the protections that they need when they go into the ballot box in the november elections. >> that's absolutely true. the report notes that out of the 22 states that are making these voter i.d. laws, creating these laws, 18 of them are red at the state level. so you sort of see it's a lot of republican legislatures trying to make it harder for folks to vote. and the republican party is sort of torn on this issue as on so
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many issues. some of the folks on the right say this is about voter integrity. others have said, no, this is about winning. others have come out and said, this is a bogus issue that is repelling some voters, that is keeping some black and brown voters from considering us. the republican party doesn't even believe its own story on this. >> the right to vote is fundamental. it is basic to our country. it is basic to our democracy. it shouldn't be a partisan issue. one of the important examples that i like to lift up is up until very recently, the voting rights act was reauthorized nearly unanimously. so obviously it had a great deal of public support. but something has changed in 2010 where we're seeing more and more partisan battles over matters that shouldn't be partisan in nature. the right to vote is fundamental. americans want free, fair, and accessible elections. and it's important that voters let their representatives know that we shouldn't be having these partisan machinations infecting our ballot box. >> it shouldn't be -- my whole
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thing is we should make it as easy as possible for everyone to be able to vote. ari mentioned the proposal to register to vote online. we pretty much manage our whole lives online today, whether it's our finances. i found my husband online, scary as that sounds. that was back in college. but how far are we aware from being able to vote online? that doesn't seem so totally crazy. but actually imagining that passing does seem crazy. >> just to be clear, there's a distinction between voting online and registering to vote online. there's a lot of very good data that registering online can be done in a secure, safe, and accessible way. and we need to be using these common sense measures. we need to be leveraging the existing technology to make sure that it's easier for people to vote. and the public is demanding it. of the states that passed laws that made it more accessible to vote, a great many of them had to do with modernizing our election systems so that technology could be used in a way to make it easier.
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>> but abby is asking about online voting specifically. >> i think it's more contested because there's questions about security because the stakes are higher and it's not been tested as much. >> could you see that ever being a real thing? >> maybe. >> stakes are higher voting than finding a husband. that's an interesting comparison there. >> that's where we are. >> but the message shouldn't be lost there's a lot of very, very good data. it's been tested and tried about registering to vote online. it has been tested and tried that you can have computer systems like the dmv's talk-to computer systems. this is not, you know, space-age stuff. this is stuff that we do in a lot of our -- in many aspects of our life. it's something we should bring to the election systems because it is cheaper and makes things work better. >> so before we get to online voting, which may be a while or never, are there things we can do in the interim? seems like so much of this is playing whack-a-mole in the states. pushing one thing down here,
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pops up in another state. when is the point where we say we need to have nationalized standards for federal elections? >> there's certainly a lot of efforts trying to make sure that there are common sense national standards, such that every american can enjoy -- >> but they don't exist now, right? >> they don't exist now, but there are certainly federal events. one important federal effort is the voting rights act reauthorization. there's going to be a hearing on that on wednesday. getting that through will do much to protect the right to vote. and we also see states taking actions across, you know, the nation, trying to get online registration, trying to make early voting more accessible, trying to make electronic registration more accessible. and as we move into the upcoming elections in 2014, we need to make sure that there are not unnecessary and unneeded barriers in front of the right to vote. >> that's right. >> great report. thanks for telling us about it. we appreciate it. up next, he had $100 million
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plus, get the droid maxx by motorola for 0 down. get more with our best plans on the best network. for best results, use verizon. the numbers are impressive.y to new york state. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. back now in the guest spot with a question. is it possible to spend $110 million in a decade? our next guest was a star for the boston celtics, antwan walker, employee number eight.
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and in 13 years in the nba, he made over $110 million, but he paid $55 million in taxes and bought $11 million in homes and lost $12 million on bad business deals and paid $9 million to take care of his family and over $8 million to take care of his homeys and $4 million to support his daughter's mothers and lost $4 million gambling. and on and on. then he had to declare bankruptcy. he's not the only athlete to burn through everything. iverson and pippen have too. but he's the only one who's made a film detailing his financial downfall. >> he was too nice in the wrong way. he was giving money to people, like giving them money. but then people never did anything with that money to set them up. you know? like everybody always, give me $10,000, give me $20,000. i can't pay my rent, you know. my whole thing to him was, if they can't pay their rent today, they're not going to pay their
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rent tomorrow. >> gone in an instant premiers tonight in boston. anthony holt directed it. of course, it stars antwan walker. welcome, guys. twan, let's start with you. why are you telling your story? >> well, i think it's important for me to give back to the young guys that come into the nba as well as over the last couple years, i think there's a lot of stories written on how i lost my money and why i lost it. i wanted to give my own opinion of why i lost it and the truth about it. i think it's a combination of things. i think it can be a learning experience for a lot of young guys that come into the league as well as young kids. i came into the league when i was 19 years old. i became a millionaire at a very young age and didn't know the understanding of taxes and investments and those type of things. so now i get an opportunity to try to share my story with those guys so they don't make the same mistakes i made. >> anthony, how did you guys hook up, and what are you trying to convey with this film? >> i came around the same time
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as antoine in high school and college. i saw the way he would live lavishly at events and parties. once everything happened, i was like everyone else. i couldn't believe it. i didn't think it was the truth. i thought there was no way he could go through that amount of money in a short period of people. but antoine reached out to a mutual friend and we talked. once i started talking to antoine and really hearing his story, i was compelled. the first thing that captivated me to do the story is that his whole mission throughout was trying to educate others. he wanted people to learn from his story. he wasn't wallowing in self-pity like many of us may do. i would have been under a rock hiding. but he was ready to share his story and he was ready to educate these people coming from underneath. not just the nba players but just people in general. kids who come up the same way he came up, the way i came up, who may not have understood certain things. we're not taught financial literacy in school. so once we come and he's 19
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years old and an instant mill millionaire, i put myself in his shoes. i probably would have been in the same situation. >> antoine, it seems common for professional athletes, specifically in the nba and nfl, to not only travel with a huge entourage but feel responsible to take care of that entourage. your mom said that when you were playing, that you were supporting, i think it was, 70 family members and friends, including buying and building your mom a mansion with ten bathrooms, a pool, a basketball court. why is this so common, and why did you feel like it was your responsibility to cake of all those people? >> well, i'm the oldest of six. my mother was a single parent growing up. i kind of took on the father figure role at a very young age. four boys and two girls. i assumed that responsibility of trying to take care of my brothers and sisters. that was very easy for me to do. i felt like that was my duty and my job to take care of my little brothers and sisters. friends, sometimes when you grow up with guys that you have
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relationships with when you grow up, you want them to be a part of some of your success and some of the things you want them so see the finer things in life. you want them to go on this journey with like do. as athletes we make mistakes because we're obligated to do those things. it's a cultural thing and more so a relationship thing. you warrant guys to see the fin things. >> were they upset when much of it was likely taken away from them? >> of course, if they are real friends they stick by your side and do whatever they can to help you out. the ones that was not genuine and around for the money already departed and went their own way. you have to learn to figure that out. it's very difficult to not want to bring your friends along with you because you guys grew up together from childhood friends and want to make sure that they kind of enjoy the same things you do. >> anthony, you were watching all of this with more of an objective eye being a film maker here even though you had known
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each other for a while. what do you think was driving this behavior? was it feeling like ego or guilt, sense of responsibility? as we have the nba draft happening this week, what do you think is the strong message for other players? >> it's a combination of all things. of course, it's ego. guys don't really get to that level without having a little bit of ego. but it is an obligation. sometimes when you go you don't want to go on the journey alone, but you have to kind of prioritize, you can't take everyone with you. and that's the thing that these guys don't see. then at 19, you're not envisioning at age 32 your career is over and you're not going to earn that kind of money again. you never see that. when you sign a max contractor contract with an amount of money, maybe your entire family has never seen before. you don't see it ending but you have not just your immediate family but the uncles and aunts and cousins and all of that, you grow up with them. a lot of them may be struggling and then friends you want to
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help them. everybody has a great business idea, all of these things come together and guys have to learn how to say no. that's the biggest thing, being able to say no to a lot of these guys and the fact, your career is going to be short. the amount of time you professional sports is only a fraction of your life. you have the whole rest of your life to live after that and when you're done you'll probably have kids and family of your own and your expenses are not going to decrease. sometimes they are even more than when you played because now you're trying to go to other things, be invested in business deals. everyone will bring you a deal. every friend they grew up, every relative has the perfect business plan and they bring it to you and sometimes you want to help them. it's a combination of things. i think the guys from day one need to build a strong financial team around them and understand that they are not businessmen. some of the misconception they face, they have a lot of yes man
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and people who say yes to everything that you say because they want to be with you and take this ride with you. and they want a piece of the action. so they are going to agree with everything. they are going to make you seem like your warren buffett but you're not. you have to surround yourself with the right people -- >> anthony -- you're absolutely right. thank you for making the film and being open about your situation. up next, something intriguing has been growing outside our window. what is it? take your guess and after the break i'll tell you what it is. where you can explore super destinations and do everything under the sun. 12 brands. more hotels than anyone else in the world. save up to 25% and earn bonus points when you book at wyndhamrewards.com. save up to 25% and earn bonus points intercourse that's painfulit... due to menopausal changes. the problem isn't likely to go away... ...on its own. so it's time we do something about it. and there's help.
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we have walked into work past a strange growing culture. first it was a series of pipes and some said it looked like a dog or strange dinosaur. when they planted flowers all over i knew it was the work of jeff coops, put a 42-foot popty and this time he has given us split rocker, covered with 37,000 flowers. it has its own irrigation system, hence the pipes we saw and supposed to be half of the head of a rocking horse and toy dinosaur. he takes every day items and turns them into art. in 1917, a porcelain urinal in the studio, pieces that questioned the notion of art.
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ten years ago they named the urinal the most influential art work of the sen tur rixt the first time i saw it, i said how is that art? he didn't even manipulate it except to move it into an art tis tick context. i finally saw that my wife was right, by taking every day items and positioning them as art, they can forge a powerful relationship with the audiences memories of interacting with the item and make the case that art is around us, if only we stop and look. artists have insisted that pop culture is an important source for art. andy warhol took that to another level. he gives us art inspired by childhood items, a giant balloon dog and building blocks and statue of pop eye and mound of play dough. in taking items from childhood, he invokes a sense of delight and perhaps a laugh and
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transports us back to the early life moments when everything seems so big and simple and easy. also making it easy for wealthy collectors to understand his work and let's not be too cynical. to look at this work and any art, and say what does it mean is to ask the wrong question. look at ask yourself, does it make me feel something? if a piece of art only works on your head, it's not as successful as something that works on your art. he is comfortable to make things that just evoke joy. he recently told vanity fair, one of the things i'm most proud of it making work that let's viewers not feel intimidated but they can emotionally participate through their senses and be fully engaged. it's a joy to look at and as well as architectural and engineering fete. i love art that sits in the real world available for all to see rather than being cloisterred away in a museum. on view until december 12th.
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we hope you'll come by and see it if you're in new york. it's worth a trip if you're not. "now" with alex wagner starts now. >> the u.s. secretary of state has been in baghdad looking for political unity. it may sound like it's 2006, but it's not. it's monday, june 23rd, and this is "now." >> the threat left unattended can have grave tragic consequences. >> secretary of state john kerry arrived in baghdad morning. >> to avoid a total political collapse. >> kerry's diplomatic offensive comes as isis takes control of four more iraqi cities. >> iraq could fall apart. >> this is the most successful terrorist operation in history. >> isis is not only advancing and taking their holding ground. >> no terrorist group, not even al qaeda held this much territory and been able to
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