welcome back here's a recap of the week's top stories from our to the simple a that's now america's accounting anxiety its credit crown is taken down or wrong in the ratings as investors shutter over how the debt ceiling raise was handled. but rounded off a rocky week on global markets with wall street's worst week in over two years worsened by europe's doubts and fears of a second possible american recession. as egypt's former president goes on trial for

a mass killing and corruption a weary public see the replacement regime failing to meet the revolutions demands. but in neighboring israel the reform rally swelled to a quarter of a million people in television angry that the government's love living costs get out of hand. and up next the second part of our special report on the question of george w. bush's administration in the run up and during the iraq war. weapons inspection process a little more than we can take and sealed denied to see return of inspectors would provide no assurance whatsoever to eliminate by inspection is quite frankly a fool's errand on the contrary there is a great danger that it would provide false comfort that saddam was somehow. back in his box reality is that between the original unscom inspections and the unmovic inspections you destroyed with those inspections ninety two probably ninety five percent of the iraqi arsenal the first gulf war destroyed almost nothing. and you

know post-war u.s. power damage assessments confirm the weapons inspectors were effective for saddam to get rid of the stuff. they had that country under control by nine hundred ninety eight at the latest those inspectors had discovered most of the weapons of mass destruction and the iraqi programs at that point were essentially at an end before the war in iraq the united nations inspectors told us. that that i was saying. did not have nuclear weapons capability ironically the major effect of the invasion of iraq and terms of weapons of mass destruction as the president to show that the inspectors were right all along the inspection regime worked. it was the most intrusive inspection

regime in history and it worked at the end the day that's another reason why we went to war from the. these maniacs the courage of our enemies weakening our troops' resolve and confusing the american people you should listen to these protests because they're obviously hoping saddam hussein who would have guessed that you could build a massive international peace movement on the protection of saddam hussein the media is culpable for the misleading of the american public they bought into the bush administration's rhetoric they don't understand that there is moral violence and immoral violence we use moral violence god bless this president he is truly a great man reducing troop morale confusing the american people and calling our

enemies they are absolutely committing sedition or treasonous far as i'm concerned there's a huge difference between personal opinion and an opinion which the grades and the bases are military in a time of war it's a disgrace i don't believe the mainstream media acted responsibly in regards to iraq you know i was the little i was called a traitor i was called crazy powers on the c.n.n. accuse me of drinking saddam hussein's kool-aid for making that three statements in response to aluminum tubes people out there accusing you of drinking saddam hussein's corrupt five an idealogue that on a republican idealogue i'm actually a fairly conservative person who voted for george w. bush but i don't allow my ideology to get in the way of the facts and the reality of my duties and responsibilities as an american citizen and the media supposed to be the fourth the state that they decided to completely climb in bed with the administration on this in a way the ministration constructed a box were and that was that box had all the information that ministration wanted

to media and the public and congress to care what they would do is you to have the iraqi national congress. taking bogus defectors the information from him giving him to the pentagon and the iraqi national congress then giving him to the journalists and they said if you don't believe us iraqi national congress call the pentagon so you have the circular reporting and you had the new york times admitting that it was using one source for all of its information and weapons of mass destruction and it was as you know a sell firming by going to the pentagon which is to put the stuff on paper it was. a lot of exaggerations partial information sometimes little information but on balance a very one sided view of a rockstar view of the program and a lot of these stories the journalist didn't want to look into because the editors told them to run with we're going to be supportive of the administration it's a patriotic thing to do i think that there was a part of media too much of of in

a sense getting into the coming war and not enough look at do we really need to go there were some journalists out there raising the alarm bells and seymour hersh is the walter pincus of the world but unfortunately those great investigative reporters there are usually exiled when the heat is on and it's only after the fact that they end up being praised and given the pats on the back and the excitement was to make the case to go to war you know to show that you know that was the controversy to the media of our viewers you know it was the titillation of a w m d here eunice not that not titillation of or the conflict of tacky ministration the washington post the new york times it very conservative editors that supported the white house on this. please the people of the united states and their friends and allies will not live

at the mercy of an al gore regime that threatens the peace with weapons of mass murder his regime has an active program to acquire and develop nuclear weapons and look there be no doubt about it we know for a fact that there are weapons there. there are a group of people who've for many years had advocated going after saddam hussein and they pushed us hard and of course raw intelligence data can be interpreted in a lot of different voices i'm sure experts who talk to you and so there were a group of people i think that there were adamant that this was the right course to pursue. eight.

eliezer. please please keep. the so please. please keep illegal. illegal the so we'll keep.

why did the administration so dramatically underestimate the cost of this war we did not have our foresight and to what we were going on in iraq. with the cost of the war rising and the search for weapons of mass destruction going nowhere the administration turns to david kay his work has been carried out under the direction of dr david kay a respected scientist and former u.n. inspector was leading the weapons search in iraq we are determined to take this apart you have a tremendous group of dedicated american men and women involved in this with the best assets of the intelligence community and provide it dr kay and his team are making progress we have had found a large body of continuing activities and equipment. we are surprised by new advances that we're making network of laboratories and safe

houses controlled by iraqi intelligence and security services and unlike pre-war intelligence we don't require someone just to say something we actually need the physical evidence equipment suitable for continuing chemical and biological weapons research. david kay it's not going to be done with this for quite some time david kay wants more time and he says it could take another six to nine months to make a definitive finding ministration is asking congress for hundreds of millions more six hundred million dollars to fund a continuing search i have not yet found shiny pointy things that i would call a weapon before we can draw from conclusions we need to let the iraq survey group complete its work. we were all wrong probably in my judgment. and that is most disturbing. it's inevitable that there will be an outside commission appointed on an issue of this

gravity public hearings and we will get to the bottom of this and we will let the chips fall where they may democracy you have an obligation your obligation is to speak truthfully to the public that's the basis of civility in our belief in our system of government it is going to require an outside effort probably through an outside commission to deal with some of these very serious problems as i think explanations are important in a democracy this whole episode has caught the white house completely by surprise they've become so fearful of the knitting era that they stand up and defend things that only are face to face are untruthful president bush is being pounded with calls for an independent investigation into how u.s. intelligence so badly misjudged iraq's capabilities before the war every president holding all the cards pointing all the people having everybody accountable to him is a very fair if i would care to try to operationalize some a common sight made about what was going wrong in iraq and so i said if you among

other things that if you're going to do this you've got to treat it like an intelligence problem and that is not go looking for getting weapons but going looking for the people who would be associated with hidden weapons one of the first things that worried me was we had a big army running through iraq in march and april the b. and b. was not used against them. nor was it found. that's sort of remarkable if they had had large stock i really believe in the jungle telegraph put the word out on the street let people know what you're about what you have to offer and usually you get people coming to you around a weapons program with a weapons program exists you're going to find people people engaged in the production the technology engineering design people involved in protecting the weapons people involved in moving them and people involved in preparing to use the weapons we found none of them we were running into fewer and fewer leads that look profitable and a lot of evidence that stacked up to explain something other than large stockpiles

of weapons this committee has a special responsibility to the men and women of our armed forces to look at the prewar intelligence because planning for military operations is policymakers take data they interpret threat they assess risk you talk with other different class and how much more do you express who you believe is it's left out of the public white paper of the sea any of us feel that the evidence so far leads only to one conclusion. what has happened was more than a failure of intelligence was a result of unifil ation of the intelligence to justify a decision to go to war secret societies have their own rules. secret societies generally don't feel an obligation to openly and democratically communiqué prime minister blair has set up a set somewhere commission in great britain at his is going to report back in july right there is not going to be until march of two thousand and five five months

after the presidential election so the american people have the benefit of the commission before the election well the reason why we behave a time is because we didn't want to be hurried this is a this is a strategic look kind of big picture look about the intelligence gathering capacities of the united states of america. if there are no weapons of mass destruction which there aren't if there are no ties with al-qaeda which they were and which they aren't maybe now there are. then why do we go to war. well all you need do is go on the web and then download project for new american century day you will find the video logical and the strategic underpinnings for this policy which was rejected by george bush the first which is really cool out of town in those days came the devout policy of this

government and it was implemented starting with the war i felt in my last year in the pentagon that i felt there was a great deal of contempt for the constraints on a government that constitutionally is out. and i also felt that it was a good camp for the constitution i only absorb this sense of contempt by association with with some of the senior appointed civilians were all neoconservatives who all believe in dominance who believe in preemption who believe in the military option as the first resort rather than the last resort and you had a very fixed indeed almost obsessive idea that in fact iraq is a major actor in the world and a probable threat possibly a deadly threat to the united states this is a group of people who are essentially believe that might makes right.

but the united states at this stage of history has unchallengable power and therefore responsibility to use it to. make the world over. in the manner that we or rather i think it ought to be made over i think behind the basic neoconservative philosophy is a considerable arkan's that american interests are the primary. goal of all american foreign policy and they seem to have a really serious habit of not being interested in listening to what other people say about this subject because i don't think it's an accident at all. so much of the justification turned out to me foolishness. misleading deliberately so they thought they had a place in history they were going to bring bad obviously a very dysfunctional therapy. as well as a rat and they were going to change history they believe they won the cold war. and

they said we won the cold war because we were tough with the soviet union we get tough with these people and they're going to come like us it is fear to say the iraq war was a diversion from from the war on terrorism it certainly meant that people weren't paying as much attention to afghanistan as they should have and the resources to might of going to afghanistan and into being focused mourner on if you if you attack another country with no justification people going to say wait a minute this isn't a war on terrorism this is a war on. this imperialism this is colonialism you know and this is why it's a distraction because you need the help of these people to get this view that the cia and the f.b.i. are looking around the bazaars in the souks the middle east and handcuffing people

are assassinated with work you've got to have the help of the locals to the dentist by these people and either put him in jail or remove him from the only person saddam was a threat to at this point as we saw with the army collapse was to iraq he did have weapons of mass destruction he wasn't scary anybody certainly wasn't scaring the iranians or the turks or the saudis or anybody else it was a state that was on the verge of failure now it is a failed state failed states because terrorism in name afghanistan levanon somalia any time you create a vacuum it's where people flock to discontented to fight wars who some of bin ladin had been saying for years america was doing made an arab country occupy an oil rich arab country. even saying this is part of his propaganda so what did we do after nine eleven we invade and oil rich and occupy an oil rich arab country which

was doing nothing to threaten us the only real connection is that having invaded iraq. we are very likely to make it a focus of terrorism we're likely to produce what the president has said iraq represents namely the central battlefield in the war on terrorism why because we've sent a lot of americans into a place where they're sitting ducks for people who think the only good american is a dead one. in the. iraq cannot be covering america it's ok what the intention is i don't care if. we truly want to build a democracy that it cannot be ruled by a foreign power the only tool in the tool box the bush administration is a military force military force is

a very blunt instrument it just doesn't work we've created more terrorists in iraq and we have even solve the problem afghanistan one of the more ironic effects of the attack on iraq was. to buttress other countries in the conviction of that famous remark by an indian general after the first gulf war he said the lesson of this war is that if you if you have to fight the united states you better have nuclear weapons you don't want your president to be seen as a hot dog and when when your president gets into a job suit gets in the back of a jet and lands on an aircraft carrier and then waddles out with this little straps twenty his legs and that's not when you want a sign of out of maturity and not testosterone blasting through when you're talking about. things so fundamentally important as sending a nation to war and sending our men and women to their deaths there is

a sense in washington now that you can't raise. objections to this because you're not supporting troops in the field i would i would rapidly point out that the unlike almost anybody i know that holds an office in this country i've had two sons in uniform both of whom have been in combat and so i don't have to take any nonsense from anybody nor will i mark twain's definition of patriotism and patriotism is supporting your country all the time. and your government when it deserves it well i don't think it's patriotic to stand by and remain silent while your country stumbles into a disaster of patriotism is the last refuge of scoundrels and i think these are scoundrels they have no argument now they have no defense for what they did the country isn't. terrible international security situation that i think is perilous so they're attacking the patriotism of others. i know that inside oh right

a big mistakes in d.c. if we're likely to be interested if we're likely to be interested if there is not because it was jefferson who said that that our kind of government is not based on trust it's based on in fact suspicion to suggest that if you have a different viewpoint than any given an administration and or if you are not supporting the president and policies that may be highly erroneous i don't see that as patriotism at all in fact i would argue that. any patriot with integrity is going to speak out if he or she feels that the that we're on the wrong course it's not unpatriotic to demand that congress uphold its constitutional responsibilities regarding the declaration of war it's not unpatriotic to be very upset vocally upset when congress abrogates this constitutional responsibility by transferring war powers of forty to the present ited states as they did in october of two thousand and two thousand when you guys were work at nasa and the dot coms i was

out in iraq trying to get rid of saddam and almost got killed for it and besides i was going to jail so it doesn't take a whole lot of courage for me to come out against the war and i did at the beginning but i was studiously ignored when we did the first gulf war when i came out of baghdad and you know anyone i met with president i states i met with the senior leadership of both parties and the one thing that sticks with me to this day is the extent to which each one of them. explained to me in very emotional terms the extent to which they had had to plan their consciences. to come to a decision on how to vote on the use of force authorization it had been a moral decision on their part it is a good one that kept them up at night as they thought their way through this we owe our soldiers our sailors our airmen and our marines nothing less before we send them back sometimes the true patriot takes the unpopular course but helps their

country avoid mistakes and even if they can't persuade me through a traumatic for me of america is this amazing land of opportunity beauty of idealism hope it is a beacon to the world it's a place of fantastic people and what infuriates me more than anything else is that this is ministration has systematically slandered why all the black and the image of america to our friends and allies around the world having the authority and the ability to go and wage war is a very very solemn one and he needs to be done with care and with deliberation and with genuine forethought and i think that none of that was present in the lead up to this entire box that we now call them during freedom and when they got perhaps

no clothes you have to have the presence of mind and the courage to stand up and say emperor has no clothes. regime is seeking a nuclear bomb. these attempted to purchase three thousand troops from a few weapons production. material sufficient east thirty thousand leaders. but she wants. saddam hussein and in france to nuclear weapons development program.

the british government is losing the saddam hussein recently sought significant quantities of uranium from africa. for a decade and. the a. move.

just so. it's to. just say. six six. six. coming. wealthy british scientists scientists. tightening. the market finance system to. find out what's really happening to the global economy with meit's concert for a no holds barred look at the global financial headlines tune in to the report on

our cheat. i'm.

hungry for the full story we've got it for us.