tv MSNBC News Live MSNBC October 9, 2010 11:00am-12:00pm EDT
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but in the haste to cash in many are getting short changed. we'll show you how. the center of the multimillion dollar lawsuit against the creators of doora the explorers. we're following breaking news from south america are rescuers are finally finished drilling for the miners buried deep underground. we have this question. now that the drill has broken through to reach the men, what happens next? >> reporter: well, they have brought in reinforcing steel pipes that they may decide to drop down a portion of the shaft. the idea would be to put that piping in there, sort of as a sleeve so the rocks at the top which are sort of unstable do
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not collapse in on the escape capsule as it goes up and down pulling the miners out one at a time. however, there are several engineers here with various different ring opinions on whether it's needed or not. so they are now at that level where they are discussing whether they need to do it or not. they do know down below, 300 feet beyond the entrance, the rock is rock solid. this is some of the hardest rock in the world and that's why it's taken sem so long to get there. and it's some of the tenuous nature of the initial 300 feet that they are going to discuss and determine whether they need to do that. so when will the rescue happen? that's unclear. they have to answer the pipe question first. when it was announced that they had broken through, it was an electric moment here. people were cheering and clapping and ringing a bell, and people were running up the mountain here, and there is a mountain overlooking the drill. there are 33 flags, and one for
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each miner. hugs and kisses, and outpouring of excitement. one of those on the team who was part of this was greg hall, and this is what he had to say. >> i don't have the words in spanish or english, but it was just relief. we could see the feed of the miners going crazy and we were going crazy and just the fact that we did it. we knew we could do it. many people didn't think we could, because we were kind of the small guys. just the fact that we were able to do it was just overwhelming. >> reporter: so many people overwhelmed by the success here. matt and jeff hart, two of the guys working around the clock here. look at the smile. jeff, tell me about that moment breaking through? >> incredible. overwhelming feeling we can't explain. every day we came to work putting ourselves in those miners' situations. if we were down there and our
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family was up here, how would you react? how do you make your day the best we can be to get them out as quick as we can, so meeting the goal is overwhelming. >> reporter: you are giddy with excitement. >> absolutely. >> reporter: you all came down, and the families heard the news and they were screaming and some of them were hugging you and some hugging others, and have you to feel an incredible feeling of success. >> nothing like i have ever felt before. >> reporter: you are a driller, and you have been pulled off jobs as far as afghanistan to do this. tell me about the effort, making sure the pressure and the torque is correct, what about those moments? >> every little blip of the needle makes your heart goes, and it probably took a couple years of my life off.
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>> reporter: i believe it. joining us here is james. fill me in, i am kerry sanders from nbc news. great success, but i want to say we cannot completely celebrate because the men are not out yet. >> that's exactly right. >> reporter: what happens now. there is discussion about whether or not the pipe will go in for reinforce many of the upper part of the shaft. we saw the pipe arrive a short time ago. >> our goal here was to drill the hole in 28 or 26 inches, and connect it to the miners so there was a big enough hole to get the miners out. whether they run pipe or not is not part of our decision. we accomplished our goal and we're happy to accomplish that. and the procedure that comes next is standard procedure, really. >> reporter: standard procedure,
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if there is a standard. nasa has been involved in helping them arrange what the protocols will be. interesting the chilean navy has their submariners there, and they have gone through their checklist with the nasa checklist, and 95% of the checklist was the same. there is a growing sense of confidence, not over confidence. i heard a number, and i am not sure whether it's correct. 33 miners down below. how many days were you guys drilling? >> 33 days. >> reporter: you have all been in the business for 33 years or something like that? this number of 33 is amazing. >> 33 is a big number. no doubt about it. >> reporter: we would like to count down to 33, to 1, to zero. >> we have 33 right here, that bracelet. >> reporter: that bracelet and emotions tells the story of the excitement. now we wait for a rescue, and it's unclear when the rescue will be, but it could be within
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days now. >> for what it's worth it's exciting reporting from here to, and we're happy about the news coming here, and thank you to you and your great guests. and the president and republican center took on the issue of jobs and the economy. >> we should be fighting to lead the global economy in this century, just like we did in the last. that's what i will continue fighting to do in the months and years ago. >> well, the white house touts its recovery summer, most americans see an alarming autumn. people are beginning to realize the only jobs congressional democrats are really focused on are their own. >> mike at the white house now. it's not the president just talking about jobs right now but it's on everybody's mind.
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>> reporter: yeah, and that's the big political problem as well for democrats and the president as we head into november 2nd. the nation-wide elections for governors and state and local officers but more important for those of us here in this zip code for congress. and the republicans are backed up by many experts, they have a better chance to takeover the house. we're talking about immigration and energy and a whole host of other legislative initiatives that have yet to be done, and democrats are already frustrated, and there is the enthusiasm gap. we will see the president going out on the road again tomorrow on one of the pep rallies, eventually, this time in philadelphia, to try and get discouraged democrats to the polls to keep the republicans taking the house of representatives, but the man that would be the leader, john boehner, he appeared outside
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cincinnati and tried to close the case for republicans and bash the president on the handling of the economy. >> this coming election is about one issue, jobs. jobs that were promised to the american people by the current administration but never deli r deliver delivered. your government is out of control. do you have to accept it? do you have to take it? hell no you don't! >> reporter: okay. there is john boehner. we should have mentioned at the top of this, alex, and everybody might be aware by now, the unemployment figures stuck at 9.6% again for september. another month and another dismal jobs report, and that's more bad news for the president and his party here in washington. >> thank you so much, mike. we'll see you tomorrow. you will be traveling with the president, right? >> reporter: i will be in philadelphia to watch the rally. >> good enough. thank you for that.
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we will talk about our conversation about 27 million americans being unemployed. and the data shows the crisis is hitting groups of americans differently. the unemployment rate for african-americans stands at 16.1%, and white americans, 8.8%, and asian americans 6.4%, moving on, sarah palin may be having a prefound affect on the mid-term elections. and then an opinion on that, and we will share that with you and the boys join us on msnbc saturday.
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democrat says it would all but secure a second term for the president. it's suggested the e extreme views of the tea parties will have consequences for the republicans down the road. joining us, both the boys in town. with a good morning, pat i wanted to read to you something dave pluf said about the rise of the tea party. this is the absolute tip of the iceberg. fur a moderate republican thinking about the running for office in 2012, you need to have your head examined. this will only increase. does it help republicans down the road, pat? >> no doubt about it, the tea party with the energy and fire will be a real problem for candidates, i would think, like mitch daniels and haley barbour and others who are seen as moderate centrists conservative
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candidates, and it's going to be a big help for some of the fire eaters, if you will. the key question for 2012, and i don't disagree, is whether you can do as reagan eventually did, which is bring together the fire and energy of the conservative movement with the republican establishment by a ticket that embraced both. that's going to be a tougher thing to do, but pluf is correct. it's an indispensable assignment if the republicans want to win in 2012. >> he went on to criticize newt gingrich as he tried to characterize the democrats as the party of food stamps. >> i think you have to be concerned in a time like this when unemployment figures, even though we had nine straight months of private sector growth, are still not what they should be. so you are looking at that, and
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folks are angry and they are mad and want change, just as they did two years ago. i think the interesting thing about all of this, alex, is that history does tend to repeat itself a little bit. if we look back in a glorious days offe yesteryear, that chand the dynamic of politics. in '70 and '80s, they were drurmed out of the party, but reagan was able to bring it back together again as pat said. the question really on this now is this just anger or temporary, or does it remake the republican party. i do sense there will be a battle within the party if a lot of these tea party folks get elected about who the nominee in 2012 is, and then if you are
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wanting to run for local office, whether you align yourself with a traditional republicans or with the tea party. >> pat, do you think because of the republican fringe is obama a lock in 2012? >> well, first, i don't call it a fringe. this is a movement that is not natd a number of candidates, and let's say knocked off eight republicans or driven them out, and seven of them look like they will be headed for the senate or governorships or something, so it's not a fridge but a powerful movement. people forget that it comes out of barack obama's coalition in part and out of hillary clinton's coalition, for example, west virginia, where hilary beat obama by 41 points. republicans amazingly are winning that state. but let me disagree with peter to this extent or to the premise of your previous question. 42 million people are on food stamps now. half the country is not even paying any federal income tax,
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and have you a nation that is enraged on which they are loading taxes. this fire and energy which is going to be decisive in this election is not of great benefit to the democratic party in 2012. again, if republicans can hau harness it to the republican party. >> there is one big caveat, and 50% of america's wealth now is with 10% of the people. it's the greatest disparity we have seen since they started to measure it in 1967. if we are going to have a debate about tax breaks for folks that make $1 million or over, and my thought is bring it on. i don't think those folks looking for a job, or making an average of $50,000 are real happy about millionaire tax breaks, so that's going to be a big question. >> peter, if that were a winning
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issue, why couldn't pelosi get the tax breaks for everybody in the house? >> look -- >> they ran away from it. >> we should not have run away. i would say we're drawing the line at $1 million, and we are going to make every republican up for election to vote on the millionaire tax break, and not too many of them would have had the guts to vote on that. >> i think too many of your democratic friends would have said don't make me walk through that fire. >> a million dollars? >> it's your friends, peter, and taxes are poison. >> i am checking out of this conversation. boys, good to see you. thank you so much. celebrations today in london, liverpool and new york to honor the late great john lennon.
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beatles fans worldwide are coming together to celebrate what would have been john lennon's 70th birthday today. fans gathering on abby road. now, in liverpool, a sculpture was unveiled by john lennon's first wife, cynthia, and his eldest son, julian. in new york city, a documentary with never-before-seen footage of john lennon will be see in central park. the film depicts his life with his wife and son.
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there are stories that work closest with him. >> he deliberately put his d string out of tune. he would tune up and then turn the d flat, and i would ask him, why do you do that? why do you flat the d string? he said because when we used to make the beatles records, they would go on the radio and my aunt mimi would say, john, is one of these guitars, you, and he would say that one, you hear the one slightly out of tune, that's me. >> joining me now is the writer and director, and congratulations on the film. it's a great one. >> nice to be here. >> we were watching the clip together, and you said people love that story. why that is? is that something behind the scenes where you would have said i never would have known that? >> yeah, and jack was the
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producer and a long-time producer of john's. i never knew john purposely toned his d to flat, and he never stopped doing it. all the way through double fantasy, he always had his guitar slightly out of tune. john did not know at the beginning of double fantasy sessions, and he recognized this was a historic moment, and jack recorded the studio banter, and then he told john and john thought it was great. and then a little bit out of tune is good, and too much, bad news. very sweet. >> charming, right. as we were leading in, we showed the statue that was unveiled in liverpool, and what is it about new york that really
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specifically defined john lennon? >> i think honestly if you think about john, you think liverpool obviously and the beatles, and thunder you think new york. john became a new yorker. he loved new york. he loved the freedom that new york gave him. it gave him an opportunity to define himself again as john lennon and not as the beatles john. it afforded him and yoko to have a relationship. the press was brutal to them in the '60s, and they thought john had gone crazy and hated yoko. they were racists. and yes, it's about john lennon, the film, but it's also an immigrant story. in that way, it's kind of an american story, especially with all the debate about immigration and who we are and who should we
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let in, and -- >> yeah, four years. it was the beginning of watergate. >> it was the first instance of the nixon white house using the powers to maintain their hold on power to use it to get re-election. >> so this will be airing on pbs in november, right? >> this is an american masters production, and will air on november 22nd nationwide. and today, people get to celebrate john's birthday, central park, central stage, lineup starting now. people are starting to line up now. doors open at 6:00. 7:00 we'll start the film. and lou reed will be there to introduce it. >> thank you for bringing us the film and the interview. good luck.
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helping you get to a happier place. have a nice trip. campbell's. it's amazing what soup can do. it's msnbc saturday. i am alex witt. the 33 trapped miners in chile may now have a way out. drillers have broken through to reach the 33 trapped miners. crews still need to see if the shaft is stable enough for the escape capsule. men could be pulled out as earl as tuesday, one by one. and then a convoy supply attacked. one day after a jailed chinese man won the nobel prize, his wife is now missing. most of the chinese people don't
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know either because the government has sensored the news. and a town has been evacuated. the walls of a reservoir gave way, and at least seven people killed and 120 injured. there in the air. just after midnight, hot air balloonists took to the air in new mexico. rough weather delayed the start four times, but now it's ago. those are your fast five headlines. to the economy now and the jobs market. the last big employment for the mid-term elections. 90,000 jobs were lost in september. the unemployment rate is holding steady at 9.6%. i am joined live with our guests. >> we are in a situation where we are not close to restoring the jobs lost. and it means the federal reserve is likely to get even more
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aggressive and it's stimulating the economy and trying to hold down interest rates and flood the economy with money, and it's seconds major effort to get things moving again. >> three years ago, we had an unemployment rate at 6%. what is it going to take and when will we see that again? >> in 1999, the unemployment rate was at 4%. for the number you talked about, at the current pace, it would take us until 2020 to restore the jobs. it would be highly unusual if we only added 68,000 jobs a month, and at some juncture this economy will take off, and we don't know whether the stimulants, which ones, will get us back to the job growth. >> are you confident it will happen soon? >> well, i think in the next year we will see $125,000 a month, which is what we need to
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absorb people coming back in the workforce. i think the fed will get more aggressive than anybody realizes to trying to stimulate the economy. if that doesn't work, i would sit back and say it might be 2020 before we get back to normal, but i doubt that's the case, though. >> you remember when people were talking about whether or not having a college degree was worth it these days, and i was one that said it is. let's look at how this is hitting americans across the board relative to education. no high school degree, 15.4% unemployment. high school grads, 10%. people will some college education, 9.1%. college graduates there. >> if you graduate high school and you could make a decent wage working in a variety of manufacturing businesses. our manufacturing has eroded
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significant significantly. the college degree or higher has become increasing ly higher. we both had education precedents for as long as we have been alive, we have not addressed some of the issues that our kids and the current generation faces which is that they don't have the requisite skills when the other default jobs don't exist, even have gone offshore or technologically made obsolete. >> and retail sales up about 2.5%. >> yeah, we had a good week on wall street. the dow closed above 11,000. and it was the 37th time in the last five years we have above 11,000. no party hats yet. the market looks better. it anticipates the fed doing
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more. retail sales, the back to school season was better than expected. and after having saved a lot of money and paid down debt, consumers look like they are ready to spend a bit again. well, there are a few legal intanglements. if you have been foreclosed upon, you may get to stay in your home longer. if you bought a foreclosed property, you may not know whether you really own it. so far bank of america has put a halt to foreclosures. we will see what the other banks do. right now it leaves everybody in a state of flux. we don't know if it delays or ends the process for an extended period, but witness take a while to figure this one out.
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>> thank you. for more insight in the job and housing markets including a new slide show for the top ten cities, can you log on to cnbc.com. and then money spent on campaign ads this cycle. mid-term spending is on pace to top the $4.2 record set in 2006. this is according to politico. the rest of the money will come from third-party groups and specialists. so what is a former "dora the explorer" star searching for now? she claims nishe was short changed. we have more on that. what is the latest on this one? >> katelynn and her mother are not speaking about the complaint filed in court this week.
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as you mention, the claims are the company owes katelynn unpaid compensation in the millions. for three years she was the voice behind america's bilingual sweetheart. the animated sensation, "dora the explorer." but now the 14-year-old shown here in august promoting the 10th anniversary is suing the children's network and parent company, viacom. they claim the tv network underpaid her millions for voice and singing performances, and r residuals for merchandise. they say her parents were pressured to sign the contract and not given time to consult a
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lawyer, saying quote, i have never seen as a con vau lutd and inscrutable contract as seen here. >> they responded to the suit saying not only did the company offer katelynn other work after her run on "dora the explorer" ended, and it was in compliance with her union. she was well compensated for her work and appearances. the teen is not suing because she is no longer the voice of dora, but wants to be paid fairly and keep working to promote the products that made dora a household name. they tried to work out details before they said they were forced to file. now, it looks like this could all play out in court.
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>> what about the actress before katelynn that played dora? any disputes from her? >> no, not that we of. the first actress also had a voice change and that's why she was no longer the voice of dora in the end. >> thank you. with the price of gold at record levels, so many people decided to sell what kind of gold they own, but some people making big financial mistakes when they do that. s ♪ ♪ when the parts for the line ♪ ♪ come precisely on time ♪ that's logistics ♪ ♪ a continuous link, that is always in sync ♪ ♪ that's logistics ♪ ♪ there will be no more stress ♪ ♪ cause you've called ups, that's logistics ♪
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and then the british foreign aid worker who had been held hostage in afghanistan was killed during a rescue attempt last night. she was 36 years old. and two florida workers in critical condition today but alive after the rescue atop a water tower. they fell inside after their scaffolding collapsed. they repelled them down to the ground. with gold hitting an all-time high, cash-strapped americans are cashing in, but seller beware. joining me now, nbc finance analysts. people go into it and they don't know what gold is worth? >> yeah, they have no idea.
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shop it around and take to it a couple jewelry stores and see what prices they will give you. if you have big items, get it apprised. and then you want to shop it around. expect to get in terms of value anywhere from 50% to 90% of the value. that's how many karats. and they take a large chunk. >> you talk about going and shopping around at a reputable store. is that the best way to go? >> the jewelry stores and the pawn shops paid 70% of the market value versus 11 to 29% for some of the online bars. and there was a study found that one online buyer was paying out
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8% only. >> do you have recourse? >> you can send the check back they paid you, and maybe they will return your items and maybe they won't. but have you a week to return the check and get your items back if you are not happy with the amount. you can file a complaint with the better business bureau, and you can file it. >> who pays the most? >> your local jewelry store. 90% of market value. that's about as good as you will get. >> all good advice. >> everybody needs the money, so everybody is looking to sell. >> don't sell the fancy items that have been in your family for a while, but little earrings or anything else, now is a good time. still ahead, the mystery in mexico. the american tourists murdered and the search for justice.
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surveillance video captures a would-be bandit wearing a scream mask at a dunkin' donuts in new york. the suspect pulled out a gun and demanded money and the clerk said no and sprayed the robber with water and the suspect left empty handed. his own young stepchildren to help him commit a crime. the man that is holding a toddler while director those two kids right there to take items from a car in a parking lot in atlantic city. police have identified the suspect. the youngsters in the video are his 11 and 9-year-old stepchildren. the mexican government has launched a federal investigation into the alleged shooting of an american tourist on a border lake. david hartley was shot and killed while jet skiing with his
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wife, tiffany, over a week ago. in hartley's home state of colorado they held a rally outside the mexican consulate in denver. david's sister said she wants his body returned. >> we all know he's in a better place but peace to rest to know that his body was treated with dignity and respect and the thoughts that go through your mind as to what could have happened is disturbing if anything thinks about their family not be able to lay them to rest peacefully and respectfully. >> here with me now is michelle sagona. good morning. >> good morning. what do you know about this case? >> at this particular investigators on the u.s. side are trying to join forces and work with the mexican government to be able to force them to move a little bit more quickly in this case, which appears at this time within the last few days they have. they put more people on the
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ground and more helicopters in the air, which is a good sign and when i spoke with the sheriff's department a couple times, what i was told was that it's not that the relationship is strained, it's just, it's a little bit more difficult just because of the international waters. >> okay. lotes talk about what we know. we were told david was wearing a life vest. so you would think that his body would have been floating if he was just shot and left there. >> this case is extremely difficult because there isn't a crime scene and isn't a body yet. we're only going off of what tiffany has to say and that's what investigators it have to say. they do support every word she's saying and support this particular case. another thing they have to do in this case is close in the timeline. that's why they're verifying where they had lunch and where they launched from. where they launched their jet skis is to the border line, which is very clearly marked is about two miles. from that point, another six
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miles from where this, where the shooting happened. so, they're really trying to close in on the u.s. side to be able to see if possibly maybe his body would be floating, the jet ski would be found. but from what tiffany things and investigators feel could possibly be the case is that they did take the jet ski and the body and put it somewhere. >> given the lack of evidence here, as you can imagine, there are people speculating that his wife, tiffany, could be lying. things that point to her that just aren't adding up yet or too soon to say that? >> definitely too soon to say that. i think in this case investigators are moving forward that her and her husband are, in fact, victims. and also there have been other incidents. i confirmed four others that happened prior to this one. sort of the same sort of scenes, the people in those particular incidents weren't fired upon, fortunately. but in this particular case, so, i think it's those combined with
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this moving forward to be able to, like i said, close in that timeline and to move forward and i do think that there's more evidence in this case than possibly with the sheriff coming forward and coming out to say, which is fine. in these type of investigators you have to keep things back. tiffany is doing a great job of keeping this in the spotlight and she's coming forward and addressing the national media whenever she's called and in these type of cases, this is everything that has been done. it has really kind of put a lot of pressure on it and more spotlight. so, she's -- >> we should just say that the police have not indicated that she is lying. it's just people out there, when you don't have the proof, people start wondering because of past incidents and stories we covered in the media together where we go, look what's happening. >> all we can do is look for the best and hopefully someone will come forward with information and hopefully find his body and bring him back. >> thank you so much. >> have a good weekend. >> you, too. that is a wrap.
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