area. what happened in this case, the magma flows under this ice. this glacier. when one got clogged, it had nowhere to go but up and broke through all that. that's when these huge chunks of ice, where i'm sitting, they just came flying off that mountain. the real concern here and this is the worst case scenario is that this is just next to the catla volcano. and if this tends to drift east and the catla blows, this is the largest volcano in iceland. right now, seismologists are not seeing activity there, but that's what people are watching. >> chris, volcanic ash is made

up of glass, fibers, silica. we know the danger of airplanes, but what about the air quality? what you're all breathing? >> it's interesting. it's analogous to what's happening in the air, which is that the -- is going just fine. they have 100% of their flights going well, while europe canceled about 17,000 flights today. about 60% of their flights are not going in or out across the european continent. same thing with the air quality. there are some concerns we've heard in places like ireland, in parts of the u.k. not serious, but you know, worries about people who may already have respiratory problems. we brought masks and haven't had a problem. that's not to say that if the ash keeps spewing, it couldn't

change, but right now, they're not concerned on the ground. >> and as this volcanic ash continues to spew forth and the winds continue in the same direction, there's no way to know when the air travel could resume. >> they're saying tomorrow, some airports are reporting that people should not come and as you know, this then becomes sort of a domino effect because you have a couple of days where people are backed up and can't get out and those numbers continue to grow and they have to book people on future flights. so people are going to get stranded for longer and longer periods of time, but you're right. there's no way to predict how long this will happen. not to scare people, but the last time this erupted, it was active for two years. nobody's suggesting that's going to happen here, but certainly it's going to cause problems through the week. >> chris jansing with all of the

latest. stay safe and we'll be looking for your reports today. thank you so much. >> thank you. >> this vast cloud of ash sp spewing from that volcano in iceland, potentially deadly for any airplane that flies into it. british officials say that england's air space will be closed until at least tomorrow. the disruption is costing the airline industry at least $200 million a day. joining me now is our own expert, former ntsb chairman, thank you very much. i want to ask you first of all, what happens to the airplane? >> well, this fine dust, the ash if you will, from the plume of the volcano, gets into the engine parts. it can get into cooling holes, the veins and blades. it can then move into the rest of the hot part of the engine, where it then melts, becomes

kind of a glass coating and suffocates the engine, putting it out. >> how common is this kind of experience? we're seeing this massive rerouting, the largest change in air traffic since 9/11, but how often does something like this happen where airplanes do have to be rerouted around volcanic ash? >> in the european sector, from new york to london, for example, it's quite rare. occasionally we've seen this around the rim of fire in the pacific, but in reality, we've not seen anything this extraordinary in decades. we've learned a lot actually. i'm reminded of a particular incident that occurred in the early '80s when a 747 was flying in indonesia when it took in a, the plume of a volcano and then literally put out all four of its engines. it may hold the world's record for the longest glide. >> and of course, as flights are

canceled, grounded, they're not being moved into the position for their next flight. this is going to become as chris was suggesting, a domino effect. where airplanes are out of position all over the world. >> it is, but the prudent thing is to keep them on the ground. you don't want to put these aircraft into jeopardy. not only do you run the risk of literally suffocating the engine, but even if it does a great deal of damage, which is extremely expensive and a great deal of overhaul into the engines. it can act the wind screens, the tubes. it can get into the cabin. >> there's a very prominent passenger planning to fly saturday night, going to the funeral which is still schedule for sunday. you worked as the director of the white house military office

and had a lot to do with a scheduling and safety of air force one. how will the decision be made as to whether it is safe enough for the president to travel? >> they'll be working with the national weather service, the faa. they'll look at their own forecasting capability. is safest route will be planned and if not, the president unfortunately will not be able to make it. >> the president feels very emotionally connected to the polish president. has really been extraordinarily sensitive to this tragedy and there will be diplomatic pressure for him to go. how do they weigh the desire of the president of the chief executive, to go, the commander in chief, and those who have to say, no, it's really not okay. >> they will do everything they possibly can to make the mission complete, but they will not in any way, shape or form, jeopardize safety. that, i can assure you. >> good to see you.

thank you very much for coming in. thank you. >> thank you. still to come, chuck todd and kelly o'donnell delving into the political fight over financial reform in today's news from goldman sachs and the s.e.c. plus, 15 years after oklahoma city, rachel maddow joins us. >> he's got this adrenaline pumping, but you force yourself to say calm and -- >> and send me your thoughts. you can find me on twitter at mitchell reports. [ woman ] nine iron, it's almost tee-time. time for new zyrtec® liquid gels. they work fast. so i can get relief from the pollen that used to make me sneeze. with new zyrtec® liquid gels, i get allergy relief at liquid speed. that's the fast, powerful relief of zyrtec®, now in a liquid gel. zyrtec® is the fastest 24-hour allergy medicine. so i'm ready by the first hole. with new zyrtec® liquid gels, i can love the air®.

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monday marks 15 years since the oklahoma city bombing, the nation's worst home grown terror attack taking the lives of 168

people. up until now, timothy mcveigh has never been heard publicly admitting to setting the bomb. his taped confession, part of a two-hour documentary hosted by rachel maddow. it is chilling to say the least. there was one interview with him on "60 minutes," but he never admitted his role. in listening to this and we'll play a little bit of it, how do you come to grips with the mental quality here, sinister quality of this evil? >> one of the things i was worried about in this project is i don't want timothy mcveigh to get a soap box. upon hearing these tapes, he's not doing persuade anybody. he's comes across as repellant,

as a soes owe path. completely callous to humanity that he stole with this act, but he is very calm and cool and collected in the way that he planned and strategized this event. >> this is a bit of audio. in the documentary, there is a simulation of what he looked like. this is basically his voice. >> exactly his voice. >> got this adrenaline pumping, but you force yourself to stay calm and -- pulled to the right, which is right at the time. the stoplight -- and i swear to god, that was the longest stoplight i ever sat in in my life. i'm thinking, okay, green, green, [ bleep ]. so, well accelerating, i rolled the window down, adjusting to

turn on the fan and a -- by the time i pull up. rolling the windows back up, i'll do it after i stop because we're talking seconds now, right? >> absolutely, cold. there's no affect. no emotion. >> and he's completely impressed with himself. he thinks of this as having been a great success. he looks back with no remorse. he thinks, that was a successful military operation. he was waging war against the united states government on behalf of the antigovernment militant that he aligned himself with. >> and april the 19th, also the anniversary of waco, which is helped inspire him. bill clinton in washington today speaking about oklahoma city and warning about some of the moves that proceeded oklahoma city and warning against some of the political rhetoric now.

this is what the former president had to say today. >> before the bombing occurred, there was a sort of fever in america. the fabric of american life had been unraveling. there was a lot of violence in our cities. there was a rise of gang violence in particular. what we learned from oklahoma city is not that we should gag each other or that we should reduce our passion for the positions we hold, but that the words we use really do matter because there are, there's this vast echo chamber and they go across space and they fall on the serious and the delirious alike. >> in a reference in a "new york times" article yesterday proceeding this event today, he talked about some of the rhetoric frankly, from the protests, the tea party protests, and michele bachmann. her particular use of the word,

gangster, to reflect our government. this was michele bachmann yesterday. >> i think they don't realize that your iq scores are way above average. we're on to them. we're on to this gangster government. hey, you look happy to me. you don't look angry. that's because you get it and you are smart enough to get off your couch and do something about it. so this november, what do you say? let's take back our country! >> it's one thing to rally about winning an election, but take back our country from a gangster government? that's the issue that former president clinton addressed. >> saying that they are not gangsters, they were elected and are not doing anything they were not elected to do.

there is -- it's hard because every time you say the rhetoric matters, people say, are you accusing me of being violent because of my political speech? you're trying to stomp on my free speech rights. he's saying that it's not that you shouldn't be enthusiastic, but don't encourage violence. even if you would not commit it yourself, there are people listening to you who may be slightly unhinged like timothy mcveigh, who will hear that as a green light and do the things they feel compelled to do. >> you interviewed janet napolitano the other night and you were asking her whether at ho homeland security, whether they're seeing signs of more right wing militia movements, is there an uptick in this not only because of we've come through economic hard times and are

still in the recession, but because people are angry, so angry at government. >> it's sort of hard to quantify. what the government says is yes, there have been arrests and they're not going to talk about ongoing investigations where there haven't been arrests. the militia group that was arrested, in one way, they seem cultish. their thol ji is shared by others in the militia movement. we had somebody fly a plane into an irs office for government reasons. groups like the southern poverty law center that monitor militia groups say they have assessed that the number of groups is growing. >> i wanted to ask you about the memorandum the president issued today which expands new legal rights during the issue of medical emergencies to gay partners and it's become a big issue because there's strong

feeling in the gay and lesbian community that because the president has not acted more rapidly on don't ask don't tell, pushing congress to change that, that he has not lived up to his campaign promise. this is one big campaign promise. he even called one woman who lost her partner of 20 years and could not be at her bedside, the hospital would not let her be there and bring their children. >> personally, as a person who's been openly gay for most of my life, i would say that this is one of the things that does keep me up at night. it is just personally an important thing. this is a regulation that essentially says you cannot des criminate in that report. in political terms, president obama promised he'd be a fierce

advocate for gay rights and the slow pace on don't ask don't tell is absolutely a matter of frustration among gay rights supporters of president obama, but he has done a lot of decisive things. there's this act on hospital visitation, the hate crimes bill. the extension of some benefits to federal employees and their same-sex partners. the travel ban on people with hiv. something very important to the gay community. those are all concrete things that don't get the headlines that don't ask don't tell would, but have been popular changes. >> we see more passion from admiral mullen than from the white house. >> i think they're being very deliberate as a political strategy. i think when the president says, we're going to do this, he means they're going to get it done. we'll see whether that strategy is born out in the end.

>> we look forward to the documentary monday night, two hours on msnbc, and to your program tonight and every night at 9:00. and does charlie crist's veto of a bill in florida signal that he is leaving the republican party? this is "andrea mitchell reports" only on msnbc. we know why we're here. to give our war fighters every advantage. to deliver technologies that anticipate the future, today. and help protect america everywhere... from the battlespace to cyberspace. around the globe, the people of boeing are working together, to give our best for america's best.

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charlie crist is telling voters that his veto has nothing to do with politics. but there is already a lot of fallout from that decision. fallout on his senate campaign. alex burns joins us from

washington. what was the rationale for crist doing this and what does it tell us about whether or not he's going to leave the republican party? >> he said when he was deliberating on what to do with this bill, which has been a high priority, chris said that he has gone to the people of florida, listened to folks in school involved in education, the mail he gets, and that the great majority have said they wanted him to veto this bill and start over. as you mention though, it is impossible to separate this from the politics. crist is down by as many as 30 points in the republican primary and this looks like a last straw. he's lost a couple of endorsers and he hasn't said he'll run as an independent just yet, but it looks harder than ever for him to win like this. >> the chairman of his campaign

is the former senator, who is a major figure in the republican politics. not to say related to the great baseball manager, but that's another story. as you know, according to connie mack, i strongly disagree with your veto. i believe it undermines our education system and principle -- that's pretty tough stuff. >> it is. jeb bush said he was disappoi disappointed in crist. bill mccollum blasted the veto, said crist was selling out to his democratic opponent and teacher's union. it's hard to find someone on his side of the al today who's really pleased with what he did. >> alex, do you think there's any chance he would drop out completely or you think he's looking at the independent

option? >> first read reported this morning that crist is looking as running as an independent, but a lot of the things that make him unacceptable now will make him unacceptable two years from now. >> thank you. up next, chuck todd and kelly o'donnell on president obama's reaction to the tea party. and send me your thoughts on twitter at mitchell reports. oh sure, we have plenty of employees that...

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since that explosion, over 30 mines have been visited. the death toll from wednesday's earthquake in china is now more than 1100. chinese state media says another 417 people are still missing. survivors are spending another night outdoors as they wait for aid to arrive near tibet. the fcc filed civil fraud charges against goldman sachs. they say the company and one of the vice presidents defrauded investors by failing to disclose alleged conflicts of interest. of course, it was subprimes widely viewed as having led to the meltdown. the financial crisis. goldman says that those charges are quote, completely unfounded. erin burnette is live at the new

york stock exchange. this is a very big deal now. take us through it. >> you're right. it is a big deal. at least for the markets. we're down about 145 points. goldman moved down nearly $20 as a result. here's what it boils down to. one of the people during the financial crisis who profited the most, john paulson, made millions of dollars by betting against subprime before anyone else realized or was smart enough to do it. he went to goldman sachs and created subprime mortgages. what goldman helped him do was go out and find other side to that. that's what goldman sachs and other investment banks do, find buyers and sellers. what happened and was wrong was that goldman not only disclose to the buyers, but they were working with john paulson. he helped pick what mortgages were going in, but also led the

b buyer to believe that he thought the mortgages would go up, not down. that is where the real issue is and where this complaint comes from. it was a billion dollars. a german bank that lost a billion. there was a guy listed, 31-year-old vice president, and he is at the center of all of this. so, some say this could be a game-changer. that this could mean other banks on wall street involved in structuring these deals, cdos, could be sued by the fcc. you can see more complaints like this. on the other side rk you have people who say no, this is political grand standing, the obama administration that wants to get financial reform past. that was a very junior banker at goldman. and so this is more political grand standing. we'll see which way it goes, but for now, it is giving the entire market room to pause. >> and the charges, civil

charges against goldman. what is their response so far? >> that they're unfounded in fact and law. they say they'll vigorously defend them. obviously, we've been calling them, but have not gotten any further than that statement. we'll see. this is interesting because you remember arthur anderson, right? >> sure. >> people may say it isn't that significant, but could be regardless of whether you think the charges are of giant scale or small scale. >> erin burnette following all this on cnbc and you'll have more throughout the programming day. thank you very much. good to see you. with more o the political fallout and what any impact might be on reform, let's bring in chuck todd and kelly o'donnell. welcome, both. chuck, there is going to be the

charge that mary schapiro and the s.e.c. is doing this for political reasons. but is this viewed at the white house as helpful in trying to get democrats and hopefully a few republicans in line to salvage a compromise on financial reregulation? >> well, the white house isn't talk about this, but i've talked to some democrats already who say this news certainly isn't going to hurt. i think one person compared it to during the health care debate, when anthem out in california raised their premium 39% before this hit. it gives a talking point, an additional talking point to democrats on capitol hill to say, we need financial reform now. we got to do this because look at what's happening. this goes right. it's a derivatives issue. it's all of the issues that financial reform in the regulatory reform is supposed to take on.t( the surprise in this is that

it's goldman. this is the gold standard name supposedly of the banking community and one you would be shocked at that they didn't have all their is dotted and ts crossed. >> kelly o'donnell on the hill, let's take your temperature on where you think financial reform goes. you've had chris dodd negotiating with bob corker from tennessee, the republican, going at it on his own. republicans falling by the way said. complaints that mitch mcconnell was raising money on wall street and trying to sabotage the bill. both claiming that the other side was more interested in bailing out wall street than main street. what is the likelihood that this is going to actually move rather than get dragged down the way health reform did? >> there are a lot of echoes of health reform because both sides seem to have a giant sack of accusations and charges to throw

at the other side. democrats like to call this wall street reform, making it clearer to voters at home because financial regulation can be a little eye glazing for those not in that business. we're hearing that harry reid wants to move this more quickly than the white house had wanted, meaning bringing it to the floor, forcing a vote, trying to get republicans to make a vote on this in advance of the election. now, republicans say they want to work with democrats on this. we heard that in the health care area. one of the things that republicans are saying is that they see some problems with the legislation as this stands right now. they call it the dodd bill, this would be one of his big projects at the end of his time in congress. they say there are some flaws. they point to a $50 billion fund that would be paid for by the banks and institutions. they say this is giving people the idea that there would be

another safety net. democrats say not taxpayer money, but paying for it by themselves. that just sets up a system where people think there is going to be something to rescue them if they don't follow the rules going forward. republicans are trying to get some of their unity today because there are moderate ones who might be available for the democrats to pick off. it's the scott browns, olympia snowe, so there is a possibility for bipartisan ship, but it will be a real arm-twisting fight to get there. >> no surprise on that. chuck, the president of course has just gone through the protests. he went to florida and he's back in your home area in miami last night. this is his response to the tea party complaints. >> we contact this for 95% of

working americans, just like a promised we would on the campaign. i've been a little amused over the last couple of days where people have been having these rallies about taxes, taxes. you would think they would be saying thank you. that's what you'd think. >> he was in rare form last night, but what kind of mood do you infer from that? the president and the way he was complaining about the media and talking about the tea party last night? i thought it was a real interesting speech, chuck. >> you've got to remember who the audience was. i've got a couple of names to the republicans who could cross the aisle. judd gregg and bob corker, both of whom are into this issue of financial reform, but on the tea party stuff, it's a level of a mix here with the president. he's sort of frustrated on one hand that he hasn't seemed to give traction after the big

victory on health care and doesn't get credit enough on the economy. at the same time, it's the base of his party, the donors. he's trying to whip them up a little bit. i think there's some frustration in this white house, that they feel like what they've done is not yet somehow been public opinion hasn't really caught up to it in their minds. >> like all presidents. he doesn't think he is appreciated enough. by the way, chuck, just briefly. i was talking to mark earlier about the safety of air force one flying to poland. >> they're going to wait. he wasn't supposed to leave until late tomorrow night, but you know, considering how -- you would find it hard to believe that if there was any risk of flying, that they would do this considering where they're going and what happened to the polish

president who we're now learning -- they may have been pushed at the time when it wasn't a good time to fly. >> indeed. thank you very much. of course, join chuck todd and savannah guthrie weekday mornings at 9:00 eastern. up next, bob shrum and john feehery and msnbc is now on sirius xm satellite radio. live, breaking news and the best political analysis anywhere. ♪ let's take a look at the stats. mini has more than double the fiber and whole grain... making him a great contender in this bout... against mid-morning hunger. honey nut cheerios is coming in a little short.

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how is president obama doing? he's up one day, down the next. his popularity measured in polls and sound bites. is he getting a little frustrated by the constant temperature taking? you be the judge. he sounded off last night at that democratic fund-raiser in

miami. >> you realize these things go in cycles. the mood of the media and how things get portrayed and so, you know, you're like a genious for about a month. then an idiot for about six months. then, you know, you're smart again for -- you're not as smart as you were, but you're a little smarter than they thought you were. then you're an idiot again. >> john feehery is a republican strategist, bob shrum, a democratic strategist. bob and john, you've been around a lot of presidents. bob, about this stage of the game, this is the way they begin to feel. >> i'm not sure -- >> he's got a good sense of humor about it. >> i'm not sure he feels beleaguered. he tends to take a long view. there's a great line from president kennedy who was asked about this at a news conference i think in 1962 and he said, well, i'm reading more now and

enjoying it less. i think we saw the same from president obama. he understands that ronald reagan, when he had unemployment close to 10%, was at 35% approval. in the latest gallup, he's at 49%. he sees the headline in the "wall street journal" about jobs coming back. this morning, he knows that's going to have an impact on the politics of 2012. >> they have work to do, but 2012 is a better timeline. john feehery, put yourself in their shoes. you've worked for the speaker of the house on the republican side, but the drats aemocrats a worried about their own jobs. >> you're right. listening to president obama complain about the media reminds me of the duke coach complaining about the refs. he's got more support from the

media than any president has had in my lifetime. if you're a democrat sitting in congress, you're very concerned about the voters and you have to make a decision. the decision is do i go back home and do what my voters want or vote with the democratic leadership. this is a tough choice for a lot of democrats. you see blanch lincoln who's in real big trouble back home. i think you see that with blue dog and moderate democrats. >> bill clinton is going to be trying to work his magic for lincoln in oreg arkansas. they've got some good tools in their toolkit. >> first of all, i think the financial reform or wall street reform as we now call it is going to help democrats. lincoln hadn't gone with the democratic leadership. she's gone with a tough approach on financial reform. she broke with them on health

care. i think we have this tremendous tendency because of the way we cover this stuff, to pronounce the verdict before the trial has been held, so hillary clinton was nominated for president and john mccain's campaign was dead. i think you've got to look ahead and say, where's the economy going to go over the next the reason you'll see some republicans voting with democrats on wall street reform is because they don't want to go back there and they don't want to tell the susan collins and olympia snowe, by the way, we stood up for wall street against the ordinary people. this fund they're talking about is ridiculous. it's a fund to help limit the fallout from a company goes down. >> not a public fund? >> right. paid for by the banks and ends the era of too big to fail. just picked up a thing from a pollster memo that was written before the bill was written. whatever it is, call it another bank bailout. it's not going to work. >> it's one thing to compare what this president is going through with what john f.

kennedy went through, but in fairness to president obama harks any president of the united states, just because of winning, serving in office, ever had to deal with the velocity and repeatty of the news cycle? it's all the social networking devices. no way to have a breather before the next news cycle begins? >> andrea, you're absolutely right. things picked up with the media, although it's always been a constant force. maybe obama remembers what jefferson had to deal with -- >> no. if he had reagan around, he could tell you about thomas jefferson. >> the fact of the matter is, media is a constant source and you have to learn how to manage the media more effectively and can't let a bad story lie, but then again, everything turns over. you have to always be on top of it. now, the president, i think, you know, he does a pretty good job of managing the media. his problem is not the media. his problem is the american people and they're very concerned where he's taking the nation. >> we have to leave it there for

now. our friend and bob, good to see you near person. >> nice to be here. by the way, the president cut taxes, didn't raise them by $173 billion this year. >> which he was very quick to point out. and what political story will make headlines in the next 24 hours? the "washington post" up next. and follow me on andrea.msnbc.com. this is "andrea mitchell repo s reports" only on msnbc. caused b, one that could be fatal. but plavix helps save lives. plavix, taken with other heart medicines, goes beyond what other heart medicines do alone, to provide greater protection against heart attack or stroke and even death by helping to keep blood platelets from sticking together and forming clots. ask your doctor about plavix, protection that helps save lives. [ female announcer ] people with stomach ulcers or other conditions that cause bleeding should not use plavix.

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and just now, the president is speaking in the roosevelt room at meeting with outside economic advisers. you see the inside white house team as well. in that meeting he told reporters he would veto any financial regulation legislation that did not bring the derivatives market under control and hoped congress would pass a bipartisan bill to overhaul the financial sector. more on this, of course, more on

this at the top of the hour. and now what's going to be the big story of the next 24 hours, jonathan capehart, "washington post" writer and nbc contributor. thanks so much. what are you looking at now? >> talking about the president's trip to poland for the funeral of now the late president, polish president lech kaczynski. he and his wife maria and about 92 other members of the polish government were killed in that devastating foggy plane crash in western russia on sunday, i believe. now, there's one wrinkle, andrea, which i'm not sure if you talked about it earlier. that volcano in iceland could end up scratching that trip. right now the white house -- >> we've been talking about that with chuck todd and he said right now the white house says it's going, but obviously, if there's a safety issue, they won't fly. >> right. we should also talk about one other thing about this trip's the significance of this trip. presidents usually don't go to

funerals of foreign dignitary, but this trip by the president to poland is rather significant, because if you remember, the president cancelled the missile defense shields over poland, which rankled the polish government and also rather sensitive, because the decision was made on this 70th anniversary the russian invasion of poland. president obama's going to poland is in a sense a way to restart the relationship with the polish government