good morning. ist wednesday, july 11, 2012. welcome to studio 57 at the cbs broadcast center. i'm erica hill. charlie rose is on assignment today. for the 33rd time and the first since the supreme court ruling, house republicans will try today to kill president obama's health care law. cbs news political director john dickerson breaks down what's really going on. >> i'm gayle king, emergency in the air for three different u.s. flights. more than a dozen passengers are injured. a mystery on capitol hill. questions surrounding the absence of one high-profile congressman. an ohio family fines a fortune if their grandfather's attic. you've heard of talking turkey. how about dodging turkeys. we'll take you to a new jersey

town where they're dealing with some angry birds. >> first, as we do every morning, we begin with a look at today's eye-opener. your world in 90 seconds. the american people do not want to go down the path of obamacare. that's why we voted over 30 times to repeal it, refund it, replace it. >> the house votes to repeal health care reform again. >> it will be the latest in dozens of such votes. the first, though, since the supreme court ruling upholding the law. >> what a waste of america's time. >> a zero chance the senate will go along. >> who says these guys aren't doing stuff, huh? medical -- >> a u.s. airways plane forced to land in philly. >> at flight attendants told the captain they smelled something and felt sick. >> a terrifying flight from aruba to miami. hit by severe turbulence. >> we were -- it was scary. >> another california city is declaring bankruptcy. san bernardino's council voted

last night to seek chapter 9 protection. the city is facing a budget deficit of nearly $46 million. >> they're going to have to be cuts to public safety. >> in ohio, a train that derailed. nearly 100 cars were carrying chemicals. >> an unbelievable police chase. a los angeles teacher drove his pickup truck after a steep embankment. >> 8-0 in kansas city. >> myrtle beach's is moving -- >> all that. it's quite fitting, i think, that slash is getting a star on the very street that axl rose will one day be sleeping on. >> if this is the kettle calling the pot black or the pot calling the kettle black. >> all that matters. >> sesame street's cookie monster is trending for something i said i wouldn't air anymore. >> on "cbs this morning." >> just met you and this is crazy ♪ but you got cookies so share it

maybe ♪ it's hard to look at your maybe ♪ it's hard to look at your snacks ♪ captioning funded by cbs welcome to "cbs this morning." the republican controlled house is ready to try to repeal the president's health care law. today will be the 33rd the time house has voted to throw out that law. it is, however, the first vote since the supreme court ruled health care reform is constitutional. the senate, controlled by democrats, will not take up this issue, making today's vote a symbolic move in a political year. >> cbs news political director john dickerson is in washington this morning for us. here we go again, john. what is the point here? >> well maybe the 33rd time is a charm. this is a symbolic vote that legislation is not likely to go anywhere in the senate. just because it's symbolic doesn't mean it's totally meaningless. it's one fifth of the economy. the rising cost of health care

along with the aging population is the largest deficit of future budget deficits. these are important discussions even if the legislation doesn't go anywhere. the republicans want to show voters they're still working on this law that voters dislike. remember, in 2010 tea party supporters voted for republicans because they didn't like the president's health care law and republicans want to put democrats in the tough spot putting them on the record supporting this unpopular legislation. >> in many ways they're setting the table looking forward to if the republicans get the majority, how realistic is it that they would repeal this? >> they're saying we may not be going anywhere with this so you have to elect us. give us a majority in the house and the nat. even if they did that, control all of the levers here, it would still be tough for republicans to get this through. think about it. they would be coming into office and there is a big fight that will happen in the new administration over taxes and

spending, the so-called fiscal cliff that we'll be going on of the you'd have a new president basically saying i'm going to engage in this tough health care fight and there are procedural hurdles in the senate. people may remember from the last health care fight, that is a difficult maneuver and something senate republicans were very much against when the president used the same maneuver to get health care passed in the first place. >> john dickerson, nice to see you this morning. thank you. for weeks president obama's mitt romney's campaign made a fortune getting rid of american jobs. now they're fighting back. >> the president is doing the exact same thing they're saying with tax dollars. jan crawford is in houston this morning with a former massachusetts governor, where he will be speaking this morning. >> good morning, lee, good morning erica. governor romney and the republican party have a new line of attack saying if american are struggling to find jobs,

president obama is sending jobs to foreign countries and they're hoping that resonates in some of the key swing states. >> romney unveiled a counterattack on tuesday accusing the president of investing in companies that outsource jobs to foreign countries. >> if there's an outsourcer in chief, it's the president of the united states, not the guy who is running to replace him. >> the chairman of the national republican party went next. launching a website with a laundry list of allegations that the federal government, under president obama's watch, has funneled money to projects overseas to help build things like diesel engines in thailand and solar panels in mexico. if it sounds familiar, that's because it is. democrats have been hounding romney with similar attacks for weeks. >> romney's companies were pioneers in shipping u.s. jobs overseas. does iowa really want an outsorer in chief in the white

house? >> romney spent time running bain capital. they invested in companies that outsourced jobs abroad and romney made millions. the president is campaigning in iowa yesterday here. >> governor romney experienced owning companies that were called pioneers in the business of outsourcing. as long as i'm president, i will keep fighting to make sure jobs are located here in the you state of america. >> both campaigns are playing defense. the obama campaign argues the president has fought to end tax breaks for companies that outsource jobs and rewarded them for bringing jobs back. romney points out that an independent fact checking group recently labeled the outsourcing claims against him false and misleading. >> i'm not going to apologize for success at home and i'm not going to apologize for america abroad. >> now, later this morning, romney will be speaking here in houston to the naacp. african-americans are a group that overwhelmingly supported president obama. he got 96% of the vote in 2008. but in this economy, president

supporters are worried about turnout. and romney is hoping his economic message will resonate. lee and erica? >> jan, thank you. tuesday was a tough day for passengers on three u.s. flights. they all had trouble in flight. when they landed, more than a dozen people needed medical treatment. >> terrell brown is here with the midair drama. >> good morning, lee. severe turbulence on one flight literally threw passengers around the cabin. an engine went down on another flame and last night fumes filled the cabin of a separate airliner. three different flights all grounded in the same day. tuesday turned into a turbulent day in the skies around the country as three flights were met by emergency crews immediately upon landing. in miami, american airlines flight 1780 landed with 12 injured people, five of them rushed to the hospital. >> thought we were going to die. it was scary. >> the miami-bound boeing 757 took off from aruba just after 3:30 p.m. local time with 185

passengers. about 30 minutes from landing, severe turbulence jolted the aircraft for a full 15 seconds launching people from their seats and even slamming one woman into the ceiling after she got up to secure her son. >> i was in the bathroom and i hid myself -- went crazy. i just got to my seat. >> the two other flights were diverted off course. the first a delta flight headed from minneapolis to st. louis made an emergency landing in cedar rapids, iowa, after it lost one of its engines. all 150 people on board landed safely. >> we're going to gate at alpha 21. medical issue. >> across the country, however, five crew members were taken to the hospital in philadelphia. u.s. airways flight 720 out of charlotte, north carolina, was forced from its destination to rome when fumes on board caused several people to become nauseous. >> everybody screaming. you know, everybody was -- >> none of the injuries in the

philadelphia or miami incidents appear to be life-threatening. american flight 1780 arrived on time at miami-dade at 6:00. >> i don't want to have it anymore. everything is fine now. >> when that american airlines flight landed in miami, paramedics were waiting. passengers with minor injuries were treated at the gate. two of the five people taken to the hospital were actually crew members on that flight, erica. >> happy i wasn't on those flights. thanks, terrell. ohio, a train explosion. norfolk southern says about 11 cars jumped the tracks overnight. several of them exploded and caught fire. the train was carrying chemicals. the cause of the derailment is unknown, however. we do know at least two people were injured. san bernardino, california, east of los angeles is now the latest u.s. city expected to file for bankruptcy. city council voted 4-2 last night to start the process because of a $46 million deficit.

>> last week scranton, pennsylvania had $5,000 in the bank to cover expenses for the city of 76,000 people. so the mayor took a drastic step, slashing pay. elaine quijano is there this morning. >> good morning, erica and lee. public employees in scranton, pennsylvania are now getting paid minimum wage. they've been reporting to work but they're wondering how much longer this will last. >> for 32 years, john henehan has worked at scranton's department of public works. he made just over $19 an hour but was stunned when he opened his paycheck last friday. >> it was heartbreaking, devastating. 7:.25 an hour. that's not enough to pay the bills. >> heen hen was one of 400 others whose pay was cut to minimum wage last week. >> i usually don't save money.

i live paycheck to paycheck. i managed to save some but that's not going to last. >> scranton's mayor, chris doherty, said he had no other options. the city is facing a $16 million budget shortfall. he proposed a 29% tax hike, but the city council rejected that. without the wage cuts, the mayor says the city would have been unable to continue basic services. >> probably would have lost the gas and the diesel for our police vehicles, our fire trucks. probably wouldn't have been allowed inside the landfill to dump our garbage. >> as for john henehan, he estimates his savings should last about a month. but it was money he was setting aside to visit his youngest son, john junior, who will be deployed on his first overseas tour next february. >> did you tell him there's a chance you wouldn't be able to see him? >> no. >> you haven't told him?

>> i haven't told him that. >> because? >> i don't know. how do you tell someone that? >> the unions here are suing the city and the mayor to stop the wage cuts. last week a judge ordered that the workers be paid full wages and now the unions want the mayor held in contempt. erica and lee? >> elaine, thank you. we told you yesterday how the first six months of 2012 were the hottest ever recorded. this morning, much of the country is now facing a severe drought. >> it's leaving crops withered and farmers worried. the climate change explains at least some of the weather change. wyatt andrews has the story from washington. good morning, wyatt. >> reporter: lee, good morning. good morning, erica. the official report is due out any day now but already 2012 is shaping up as a record year for heat.

government scientist versus also made the first-ever statistical connection between extreme weather and man-made climate change. jeff fish chicher was expecting yield 150 bushels of corn this year but he was also expecting more rain and a lot loss heat. central illinois, instead, is in a serious drought and the state set more than 200 records for high temperatures just in june and july. >> we've had temperatures in the 90s for at many days as i can remember. >> the biggest reason for the record heat is the transition in the pacific from the la nina weather pattern, which is typically cooler, to this year's warmer pattern, el nino. tom karl is the chief of the climate office at noaa, the national oceanic and atmospheric administration. >> now, this year we have a growing el nino, the warm phase and we're seeing all-time temperature records being broken for global temperatures. that's because the pacific

waters now are warming. >> scientists at noaa have also announced the first scientific connection between extreme weather events like last year's drought in texas, and man-made climate change. a new study found that man-made heat made the texas drought roughly 20 times more likely. >> there definitely is a connection between greenhouse gases and extreme weather. we're seeing very strong evidence to suggest that not all, but many of the extremes that we're seeing around the planet are being enhanced by greenhouse gases. >> and every day in this record setting heat takes more of jeff fischer's crop and his livelihood away. >> it's stressful. it's stressful on myself and my family, my father and i. this is a family farm. and we've watched it go down and down and down. >> reporter: noaa scientists, meanwhile, are not saying that

climate change causes any one specific drought like the one in illinois. they are saying the science is good enough now, they can lay odds on the connection. lee and erica? >> wyatt andrews, thank you. security for this month's london olympics is a massive operation as you can imagine. on tuesday, some residents who found themselves on the frontlines of olympic security lost their battle in court. >> they were trying to keep a missile battery from going up on their roof. charles d'agata has the story from london. good morning. >> good morning, lee. there are actually six surface to aramis will sites that will be in place. none as much as this one where the one is question is a residential rooftop. this is the apartment block in sight of the olympic stadium for months. since residents found out by a leaflet in the mailbox that the british army planned to put missiles on their roof. this photo shows troops on the rooftop in a dummy run.

in a resident film, soldiers in a training exercise at another nearby residential site. they're part of the defense system to stop a 9/11-type attack. a plan that's been signed off by prime minister david cameron. residents say it makes their tower a target for terrorists. >> but to have all these people in a residential power block, that tells you that something is not right. it's not normal. david cameron probably doesn't have people dressed in army clothing in his apartment. >> yesterday they took their battle to britain's high court saying the deployment breached their human rights. and they lost. >> they do not need to ask you, they do not need to consult you. but can take over your home or put a missile on your roof, a tank on your lawn or soldiers in your front living room. we have always believed that an englishman's home was his castle, not a forward operative base. >> the fight is not over yet. lawyers tell "cbs this morning," they've met with british

lawmakers to question why the government and ministry of defense are allowed to place missile batteries in residential areas with little consultation. >> we're not living in bahrain or bangladesh or burma. we're living in britain, where we're supposed to be free of this control. >> britain's senior intelligence advisers told the court deploying the missiles was essential for public safety, national security and the defense of the country. >> the level of evidence from the intelligence bodies suggests there's a serious threat. now, if we're not going to deploy our armed forces to do something about that in these circumstances, what is the point of having armed forces? >> lawyers will decide whether to launch an emergency appeal today. they say that, if the missiles are allowed to go ahead, the residents could have real missiles on their roof by friday. >> wow. by friday. charm i, thank you. time for a look at the headlines from around the globe. usa today reports it will cost billions of dollars to withdraw

u.s. troops and their equipment from afghanistan. that equipment must be driven a thousand miles to the nearest port in karachi, pakistan. the telegraph of britain says the captain of the costa concordia cruise ship has apologized saying that he was distracted by a phone call when his ship hit a reef killing 32 people in january. the honolulu star advertiser reports sky lanterns are banned in hawaii. the lanterns, which have a lit candle and rise hundreds of feet, can cause fires. and in london, the sun is reporting on the world's most expensive car crash. a ferrari 250 gto worth more than $31 million, yeah, $31 million was hit by another car last week in france. american businessman christopher cox was driving that ferrari. >> $31 million car. hmm.

this national weather report sponsored by bp.

where is jesse jackson, jr.? and what's really wrong with the congressman from chicago? his medical leave has now lasted more than a month and colleagues say it's time to be honest. and some of baseball's greatest names have turned up in ohio after a century in storage. they could be worth millions. >> we believe this is the most significant find in the history of the hobby. >> we'll show you why these baseball cards are so valuable to the family that found them on "cbs this morning." >> this portion of "cbs this morning" sponsored by hershey's drops. a lot of hershey's happiness in a little drop of chocolate. 's dr. a lot of hershey's happiness in little drops of milk chocolate. and cookies n creme.

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so here's what we're showing you. things are about to speed up very quickly here. off an l.a. freeway, a gym teacher accused of lewd conduct with a student went on the run yesterday. police knocked the vehicle as you saw there into a truck. but things didn't stop. in fact, then they got moving. the suspect crashes through a guardrail into a tree where he was then arrested welcome back to "cbs this morning." i never understand, no matter how many car chases i watch, why -- why do they think they're going to get away from it? >> that guy was wedged underneath the semi truck and somehow managed to gun it and get out from underneath the semi. that wasn't enough. >> then he hit the tree. >> good thing he didn't hit anybody on the way over the

guardrail. there are not many secrets on capitol hill. but this morning, people don't know exactly what's happening with congressman jesse jackson, jr. he's been an medical leave for several weeks. as nancy cordes reports, he said almost nothing about it. nancy, good morning. >> good morning, lee. his colleagues on capitol hill were patient at first, but now they say that the congressman's constituents deserve answers about his condition, about where he's been and when he expects to return. >> amid the soaring rhetoric and the -- >> in his 18 years in congress, jesse jackson, jr., has developed a reputation for speaking his mind. but as his mystery absence moves into its second month, even his fellow illinois democrats say they've been kept in the dark. >> the public relationship that he has as a member of congress, i think, does not shield him. >> his health is the number one priority. as a public official, though, there reaches a point where you have a responsibility to tell

people what you're facing and how things are going. >> all that's come out of the congressman's office is a pair of cryptic statements a week apart. the f. irs in late june said he was suffering from exhaustion. but the second warned his medical condition is more serious than we thought. and that the 47-year-old congressman was receiving extended inpatient treatment after grappling with certain physical and emotional ailments privately for a long period of time. >> the detail has been so vague surrounding him. >> in the absence of any real information, rumors have begun to fly on chicago talk radio with some even speculating the congressman attempted suicide. a theory his inner circle has denied. >> the rumors are flying, but we have to rely on the fact. >> the congressman's father, the reverend jesse jackson, has divulged little. in this interview on a chicago tv station, he said it would be inappropriate to share details. >> i speak as a father and one

whose pain as he comes out of his crisis. we're with him. we hope that he'll be fully restored to his health. right now, he's going through a tremendous challenge. >> reverend jesse jackson says his son will give a full accounting of his condition and where he's been when he's feeling better. but lee, and erica, like all members of the house of representatives, he's up for reelection in just four months. >> nancy, he's also facing this ethics investigation. is there any way this is anyway related to that and where does that stand? >> the house ethics committee has been looking for a couple years now as to whether jackson pressured a friend to raise millions of dollars for rod blagojevich in exchange for blagojevich naming jackson to president obama's senate seat. now, jackson insists he did nothing wrong and obviously, he wasn't named to that seat. but his friend was arrested a few weeks ago on unrelated federal fraud charges.

obviously jackson has been under some personal strain. whether that strain has contributed to the emotional and medical problems his doctors alluded to, we don't know now. >> mystery remains with us. nancy, thank you. an ohio family found april baseball treasure. it was buried this nair grandfather's attic. this morning, i'm going to show you how his decision to save some old baseball cards is paying off big time. and tomorrow, here's something to make you feel old. we'll hear from the rolling stones as they look back at yes, 50 years of playing together on "cbs this morning." ♪

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even though the convention begins on thursday, fans are camping out in front of the convention center to get a good spot. i want you to imagine what you think someone who would sleep outside comicon might look like

because you are about to see him. >> comicon is just two days away and already people are lining up in san diego to get inside. >> we're all here to see the stars of the twilight saga when they get here thursday. >> well, the ugliest 16-year-old girl i think i've ever seen. [ laughter ] >> the guy deserves it. he's talking about twilight. >> twilight, yeah. they have a number of fans and twilight apparently just spans the ages. >> not the razors. >> no they don't. >> there are plenty of people out there who believe i would be rich right now if only my mother had not thrown out those old baseball cards. >> that did not happen to one lucky family in ohio. as ben tracy reports, they may be able to trade their bleacher seats for luxury boxes. >> something remarkable happened to karl kissner in this attic. he and his family inherited this

house in defiance, ohio passed on by his aunt after her recent passing. >> the first thing i told the family at the family meeting, i said what would you do if you found something of great value and nobody knew approximate it? what he found were baseball cards, about 700 in all. they had been tied in a neat bundle and put in a cardboard box sitting untouched for 100 years. kissner did not know exactly what he had but the sports collectible experts at heritage auctions in texas did. >> we believe this is the most significant find in the history of the hobby. when they sent in the package and we initially opened it up, our reaction was oh, my god, these are the nicest condition examples of this series that we've ever seen. >> these cards were given away as a candy promotion around 1910. they include such baseball luminaries as ty cobb, cy young

and christy mathewson. today's value, about $3 million. cards like these are graded on a so-called psa scale of one to ten. >> the biggest surprise? when chris called me and said one of the cards graded at a psa 10. i went, great. which one? honus wagner. >> the mona lisa of baseball cards. >> the kissner grandfather is survived by about 20 family members who will divide the windfall when the cards are auctioned off next month. it's safe to say they'll be telling a story for generations about how a simple home cleaning turned into a financial home run. for "cbs this morning," ben tracy, los angeles. >> people are going to start going through the attic today. >> totally. my dad had every superman that he kept from when he was a kid, including the very first superman. >> really?

>> my grandmother threw it out. all of them. i don't know. he had 30 or 40 of them. i don't think he's forgiven her to this day. there are people in new jersey who wish they could go cold turkey. we're not talking about smoking. we're talking about turkey. they want the birds out of town, yesterday. stay with us. trust me on this.

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national league. took it 8-0. of course, home field advantage for the world series. kind of a rough might for that kid. >> not good. he'll never forget that. >> not so much. probably not. i think we can say that. this next story is the kind of story that tv news loves to, yes, we're going to say it, gobble up. it's quirky, it's visual and stuffed with puns. a lot of them bad as we exemplifi exemplifie exemplifi exemplified. thousands of people in new jersey aren't laughing. >> wild turkeys are overrunning their community. seth doane went to the garden state to check out the poultry problem there. >> with months until thanksgiving and hunting season a distant memory, turkeys are taking over some south jersey towns. they seem quite at home even in ritzy neighborhoods and hardly obey the rules of the road. >> i can't imagine another five years. i mean, they're going to be -- they're going to have turkeys

everywhere. >> part-time farmer kevin reed always liked turkey, at least on his plate. these days, he's witnessed a sort of role reversal. >> you're saying they ate your tomatoes. >> leave a whole in one. peck at each one. >> just enough so you can't sell it. >> exactly. i have a refrigerator full of tomatoes at home because i can't sell them. >> that's taking a bite out of the profits at his springfield township, roadside stand. >> i've never seen a turkey until about 15 or 20 years ago. >> and you grew up here? they weren't common? >> not at all. >> well, not anymore. there are roughly 22 to 23,000 wild turkeys in new jersey according to the department of environmental protection, which figures a flock of 30 live in the neighboring town of hainesport. that's certainly enough to ruffle feathers here. >> i have to say, very concerned. >> and make turkeys a topic in this town meeting. >> they have chased people the other side of the street and

they've stopped traffic. >> it's no hitchcock movie. at least not yet. but township officials approved an ordinance last night to fine up to $2,000 anyone caught feeding these birds. >> some people you see, you see them, they throw out lots and lots of food, which attracts even more turkeys. >> anthony portho is the mayor. >> we're looking not to get rid of turkeys altogether but put a ban on feeding the wild turkeys so our residents don't have to worry about being chased by turkeys. >> they flocked here because all this farmland is fertile for more than just the crops. wildlife officials could catch the birds. but trying to lure them into traps using food is difficult. when kevin reed's tomatoes are an easy target. >> what can be done? >> make the hunting season longer. and put food on their table with them. you know. >> eat them. >> eat them. why not? >> it's sure got a lot of folks

here in a fowl mood. sorry. i couldn't resist. for "cbs this morning," seth doane, hainesport, new jersey. >> begs for the silly puns, doesn't it? >> it does. maybe it's the turkey's revenge for thanksgiving. >> you might be on to something. >> they got to have some rights, right? >> that turkey at the white house isn't -- >> is there a culture of corruption on wall street? plenty of people asking that question after an interest rate scandal that just became public. we'll show you how some wall streeters say they have to cut corners on "cbs this morning." chili's lunch break combos are a sizzling deal, starting at 6 bucks. try our new lunch-size chicken fajitas, sauteed onions and peppers topped with grilled chicken, served with soup or salad. chili's lunch break combos, starting at 6 bucks.

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♪ hallelujah ♪ it's raining mitt ♪ >> mitt romney, happening for america. >> happening for america. i got it. >> something is happening there. lots happening in the 8:00, right, gayle? >> i think so too. are you having as good a time as you appear to be with the lovelier ka hill. >> i am. it's great out here. >> you're doing here. magic lee. studio 57 will be in the company of rock royalty with stevie nicks to her affair with lindsey buckle h buckingham and her affair with drugs. it can take years tore a wounded veteran to have claims processed. we'll have the investigation of the veterans administration. jason biggs of american pie fame, will be live in studio 57. guess who says michael phelps

work habits aren't exactly golden. you can catch us on

we have a question here from christine from orb wa. what is in the sauce in the big mac? here we have some store bought mayonnaise, sweet pickle relish and a classic yellow mustard. white wine vinegar. we're going to mix that up with a little bit of sauce. we're going to build it on the heel with a pinch of onions and lettuce. piece of cheese. pickles. now comes the beef. the classic big mac, homemade, made at home with the ingredients that you can find in your grocery store locally. so christine, i hope that answers your question about the big mac. >> i'll take two, please. ever wondered how they made the big macs. that was mcdonald's executive chef on you-tube explaining how

they do it step by step. two all beef patties, special sauce, lettuce cheese, pickles onions on a sesame seed bun. >> welcome back to "cbs this morning." i'm gayle king. i have a burger thing. charlie rose is on assignment. >> he is. >> i'm erica hill with lee cowan. america's confidence in wall street has taken a beating the last few years. the survey likely won't help that study found a quarter of finance executives are aware of wrongdoing at their firms and a similar number believe they have to cheat in order to succeed. >> wow. former fbi special agent chris we canner is with us this morning. he spent more than 20 years investigating white collar crimes, including the enron scandal. he was also chief security officer for bank of america. hello, chris. >> good morning. >> we're all raised to think cheating is bad and unacceptable. now you have a group saying i cheat, i'd be willing to cheat, it's okay, i have to do it. does it surprise you that they're being so candid?

>> i am absolutely shocked that they would actually say it out loud in a survey. >> if they are saying it out loud and it does seem so obvious, why isn't it easier to catch? >> what we're seeing -- we've had several crises in my lifetime, the savings and loan crisis, the enron crisis, over 400 investigations, corporate fraud investigations during that time period. i think we're seeing it again, but i think what happens when you don't put some people in jail and up don't put out a visible deterrent, that behavior comes back around again. but what the wall street will tell you is, well, we just took some risks, made some mistakes, it was bad banking. we're not criminals, we just were overly aggressive. >> yeah. >> interesting way of characterizing it, especially for those of us on the outside. the latest scandal involves barclay's in london. people have known about this problem for years at this point.

who is responsible ultimately for making sure that these rates are real or accurate, for lack of a better word. >> the problem is there isn't one agency that's responsible. there's regulators and criminal investigative agencies, the justice department, et cetera. i think the first line of defense really are the regulators and the institutions themselves. but the institutions just haven't -- put the culture in place of integrity, of ethics. it's pretty much whatever it takes to make money. sort of like we talk about steroids in baseball. >> i was going to say, let's talk about the culture that people think this is okay. i'm still blown away that they would admit it, as you are. the culture that people think that, if everybody else is doing it, even though it's wrong, i got do it too? is that the baseball comparison you're talking about? >> high octane environment. you get that riverboat gambler

mentality. everybody else is doing it, nobody is being called out on it. so i've got to do it to stay competitive. >> how do you compare it to baseball? how do you compare that? >> it's the same sort of mentality. one person hits 65, 70 home runs. everybody looks around, nothing has happened here. we know what's going on and i'm at a disadvantage because i'm not doing it as well. it sort of fuels itself. everybody gets numb or desensitized to the ethics and the integrity aspect of it because there's no one held accountable. >> including the regulators. they get caught up as well in what seems like standard operating procedure or shouldn't be. it's so open they overlook it. >> with the regulators, i think it's a mismatch. they're going up against thousand dollars an hour lawyers, very powerful law firms. they're scared to lose. >> if they can't compete or do their jobs in the picture that you paint, how do you fix this? >> you have to go right to the top.

this is fundamentally a leadership issue in this sector. let's say, wall street. financial institutions. that integrity, that culture has to be built from the top down. that's not what's happening. they're talking the talk but not walking that walk. it has permeated throughout the institutions that this is okay. >> because it's so ingrained, it's not going away any time soon. >> they haven't feared prosecutions because there haven't been any. there's been a lot of civil fraud filed and private plaintiffs. they all settle. so there has to be something there to a case. every single one of these cases settles out. they pay hundreds of millions of dollars. but guess what? insurance directors and officers, insurance kicks in or the shareholders pay the bill. >> it feels like outrage but it feels removed for a lot of us. we don't work on wall street, not involved in that high-profile banking world.

we're hearing about peregrine now, there have been issues there. how widespread is this? >> we have seen a steady drumbeat of these types of cases coming to light. because there's no air cover anymore. the economy is very bad. these assets, these underlying assets have crumbled and i think what happens is a lot of the firms panic and start to misrepresent what's going on behind the scenes. and, you know, initially it's not a crime. it's just bad banking or bad investment banking. >> the story you mentioned about peregrine, the head guy there is now in the hospital where he apparently tried to take -- to commit suicide after charges of wrongdoing there. do you buy that a ceo could not know what's going on. they say listen, it was going on, but i had no idea. >> no. these are -- they're ceos, they've been in the business for years. they know what's normal and what's not normal. they're either really, really stupid or -- >> or they think we are?

>> right. or there's something else going on. i think some of these -- same characteristics as a ponzi scheme. they start out maybe legitimate, then the money is gone and they don't want to tell anybody. they continually misrepresent what's going on. >> desperate. thank you chris we have a cbs news investigation this morning. we'll show you why it can take months, even years for the v.a. to help a wounded veteran.

and two retail giants are teaming up. we're going to make that long story short on "cbs this morning." ♪ you've got to be kidding me. sweetie, help us settle this. i say this and this is called southern hospitality. well, i call it the clean getaway. [ scoffs ] you're both wrong. it's the freshy fresh. everyone knows that. i didn't know that. oh yeah, that's what they're saying now. [ female announcer ] nothing leaves you feeling cleaner and fresher than the cottonelle care routine. try them together. then name it on facebook. the lines, the cost, the hassle. ♪ express yourself [ female announcer ] why not try coffee-mate? with over 25 delicious flavors for a fraction of the cost of the coffee house. add your flavor, with coffee-mate, from nestle.

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as we looked around the web

this morning, we found a few reasons for all of us to make some long stories short. lee, ready? >> i don't know. am i? >> he's ready. our houston affiliate says patients who have gastric bypass surgery are at a higher risk for alcoholism. a study finds patients are twice as likely to develop alcohol-related disorders. they don't say why. but some think it's trading one addiction for another. >> market watch.com reports on an unlikely retail partnership. neiman-marcus is famous for luxury goods, especially at christmas when they put out a huge book showcasing them. this year, they're teaming up with tar get to design and sell a holiday collection. clothing, sporting goods will start at $8 and go to up $500. that's sales price at neiman-marcus. >> the l.a. times reports that one of michael fell phelps olympic teammates is questioning his work ethics.

tyler claire i says that phelps isn't making the most of his talents essentially because he doesn't have to work as hard as others. >> i don't know tyler. but sounds like he's drinking a glass of hater aid. >> reuters has a study confirming that smoking on the big screen influences young people to take up cigarettes. researchers believe it's the cool factor that gets teenagers to start smoking. it's estimated that if smoking in a movie automatically triggers an r-rating, the number of young people who try cigarettes would drop by 18%. usa today says foodies, mark your calendars. lots of free food giveaways in the coming days. you know how much we love a bargain or especially a freebie. 7-eleven is handing out free slurpees today. on friday, chick-fil-a is offering free meals to guests who come in dressed as a cow. it would be cow appreciation day. also on friday, starbucks is giving away its new energy

drink. on saturday, dippin dot stores will give out samples of clusters. it's like free samples at the grocery store in college, we would eat there for free. >> you really have to want to dress as a cow. >> we'll go together. >> lee, have you tried the waffle fries at chick-fil-a? they're good. >> no. >> might be worth the cow suit. britain's daily mail says sue an boyle's neighbors are begging her to pipe down. they say boyle sings for hours at a time at the top of her lungs. so bad they can't hear their tv anymore. they're considering moving away from boyle. maybe they're hoping simon cowell can weigh in, tell her to shut up. she cannot catch a break. >> she really can't. >> she sings too much. >> she must be singing really loud. >> if you can't hear the tv in your own home. i don't know. >> have the open house, we'll

listen in. >> u.s. troops returning from combat have to deal, as we know, with the pain of their injuries. turns out they're also dealing with frustration when it comes to bureaucracy. an outdated system is making life miserable for many. we have more on a cbs news investigation. you'll see it here on "cbs this morning". this portion of "cbs this morning," sponsored by mercedes-benz. experience truly greateni engineering today at your authorized dealer. now get an incredible offer on the powerful, efficient c250 sport sedan with an agility control sport-tuned suspension. but hurry before this opportunity...disappears. ♪ the mercedes-benz summer event ends july 31st. ♪ to slow down for sensitive skin.

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as a nation, we promised our wounded troops they would be taken care of. the truth is, they often have another battle to fight when they get home. >> there's an enormous backlog of disability claims. david martin investigates why there is so much trouble there. >> it's iraq 2003 and a tragedy is about to happen. when that marine pulled the trigger on that rocket propelled grenade launcher, it blew up. after the smoke cleared, two

marines lay dead and aaron helm strom was riddled with shrapnel. >> i have a spine that causes pain every day. >> he served a tour in afghanistan and went on to become a master sergeant. several months before he finally retired, he submitted this disability claim to the department of veterans affairs. the va. it lists a total of 65 conditions ranging from his shrapnel wounds to ptsd, which would qualify him for $2800 a month in disability pay. >> they say at the time of your retirement, when you get out, you will start receiving your compensation claim. that's not the case, no. >> he retired on december 1st, 2011. seven months later, all he had gotten from the va was a monthly form letter. >> we're still processing your application for compensation. >> that makes him one of half a

million veterans who claims are caught in the increasing va backlog. >> it's actually 565,000, way too many. >> allison hickey, the va's director of benefits, says the system has been swamped by a quarter million new claims from a change in regulations that allowed more vietnam veterans to file disability claims from exposure to the pesticide agent orange. on top of that, hickey says, veterans from iraq and afghanistan whose lives were saved by advances in battlefield medicine are now filing claims at a record rate. >> 45% of them are filing a claim. that is unprecedented in terms of the number of veterans that will file a claim with us. >> all flooding in to a bureaucracy that lags behind other agencies like the irs in switching from paper to electronic files. >> we have 4.4 million active records, paper records across our 56 regional offices today. and these paper files are not one and two pages big.

they are reams and reams and reams of paper. >> this is one of those paper files. one veteran's claim being handled by the va office in salt lake city. they're not all this big. but until now, they all had to be processed by hand. she spends her day gathering evidence needed to support a veteran's claim. >> you're surrounded by paper? >> i am. this is my daily life. the paper files. >> david wallser, himself a disabled veteran, also handles claims for the va. he knows firsthand those files represent people's lives. >> i put in my claim for disability and went through the systems. i went through this just like all the other veterans. >> that brace on his wrist is not a war wound. it's from handling all the paper. the va plans to switch from paper to electronic files by the end of 2015.

melissa colin is thrilled at how much easier that should make her job. >> we have our two screens. i can move it over. i can be looking at the application on this screen and be bourqe working on this scree >> cbs the day after we conta contacted the va about his case, he got a call from them. >> today i have an appointment at 12:30. at 1:15. at 2:00. at 2:45 and 3:30. back-to-back to back appointments. >> he set off for the appointments still lugging all the paperwork. if the va keeps to the schedule, his claim should be settled by labor day. the va will have one less backlogged case. david martin, cbs news manassas, virginia. >> just not right. you hope that after they see david's piece, people start making calls. >> keep track of all his

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♪ you can hear stevie nicks on some of rock'n'roll's best albums, as a solo performer and lead singer for fleetwood mac. >> she's on tour right now, the it laes step in a career that began nearly 40 years ago.

♪ >> there's nothing quite like the sultry rasp of rock's gypsy queen, stevie nicks. the voice that launched the little known blues group, fleetwood mac into superstardom is 70. to dpoeld dust -- gold dust woman. ♪ >> she penned some of the band's most enduring anthems. ♪ and shared the stage with her musical and romantic partner, lindsay buckingham. but the spotlight always belonged to stevie. while fleetwood mac's hard partying became the stuff of rock'n'roll legends. ♪

it was the band's infamous love affairs that inspired their 1977 album, boomers. which sat at number one on the charts for 31 consecutive weeks. it's still the 8th best selling album of all-time. ♪ but it was stevie's hit dreams that captured the romantic turmoil which ultimately proved to be too much. ♪ in 1981, she struck out on her own launching a successful solo career. ♪ with a string of hits like edge of 17. and stand back.

♪ but eventually, stevie found her way back to fleetwood mac. ♪ nearly four decades and 20 albums later, the gold dust woman is still making music and owning the stage, having not only survived rock'n'roll, but conquered it. ♪ >> for what it's worth. stevie nicks is here in studio 57. hello to you. >> hello, gayle. >> what is it like for you when you sit and look at your life sort of flash before your eyes? who was that girl back then, stevie nicks? who was she? >> well, as i say to lindsay sometimes, when he and i talk about how we've changed, in a lot of ways i'm really not very different than the girl that i was when i first met him.

i still wear kind of the same kind of clothes. the same person on stage. how i perform has not changed much. i saw janis joplin and jimi hendrix and grace slick and i watched carefully and took from them what i wanted from my own stage performance. i pretty much stuck with that. when i see it all, it's not like -- it's the songs that change, really. >> yeah. >> not so much me that changes. >> but you haven't changed? >> i don't think -- i mean, the people that knew me way back then before, the people that knew me before fleetwood mac don't think that i have changed very much. i don't think i have. i try not to. i want to be me. i don't want to be somebody that's been made out of all those years. >> back then you were the hot girl fronting the group. did you feel like the hot girl fronting the group? they had a shot of you sort of spinning around in a haze of light. did you feel like i am the hot girl fronting this group? >> no. because there was another hot

girl. so -- >> as they said, stevie, the spotlight was on you. >> in my -- it was still christine and me in my heart. we were best, best friends. when she left in 1998, it was devastating for me. because i had always had her there. so that feminine strength kind of very much dwindled because then it became more the boys club. >> when you went out on your own, what in 1981, how liberating though was that for you as a woman? talk about being in the position of strength at that point. >> it was fantastic. it was great. and it was -- you know, i only did it because i needed a vehicle to do more songs. three songs every two years or three years wasn't enough for me. i wrote all the time. all the songs that were being written were being thrown into the song box and never reaching people. when i went to fleetwood mac and said i'm going to make a solo record. i tried to make them understand, i'm not leaving fleetwood mac.

it's like if you do another show on the side, i need another vehicle for these songs. i'm not leaving the band. you don't really have to worry about it. don't get uptight about it. i'm not going anywhere. >> some of the songs you mentioned you were writing, you started throwing them in a vault, a lot of those you brought back now. they're on your latest album. how did you decide which ones to pick, which ones were ready to see the light of day? >> there really isn't a way that that happens. that just kind of happens where you just be sitting on your couch one night going gee, there was a song that i wrote called an a bell lee, an edgar allen poe poem. i wrote that when i was 17. i made a demo in 1995. you know what, maybe we should try to record that. it's not planned. it will just come into my head. so i don't really go searching usually. it's usually -- it's almost like the moment for the song to be right presents itself and i think that is extraterrestrial. that just happens. >> there was a great shot of you

sort of looking over at lindsay. it's well-known that the two of you have a thing. there seemed to be a lot of group things in the group of fleetwood mack. a lot of boinging going on in the group. >> didn't your mom ever tell you you're not supposed to get involved in the people that you work with? did you miss that memo? >> that happened -- >> lindsay and i were together before. >> i was a senior in high school and i was a junior. so my parents and we weren't going out. we were just in a band. so we were in a band together '68, '69 and '70 and we weren't going with each other. we had separate boyfriends and girlfriends. we didn't start going out until '71. >> you know the point i'm making. there was a lot of cross pollination. >> but you couldn't really -- lindsay and i fell in love. sometimes i think, why do you fall in love? because you're working with people that closely, you know. you're with them every day. he's darling. so we -- we fell in love.

we stayed in love for a long time. >> when you were in high school, did you grow up thinking i would like to get married and have kids and be a wife? did you grow up thinking that or you had a totally different dream? >> once i joined the band in '68, lindsey's band, i wanted to be a rock'n'roll star, a rock'n'roll singer. there's a song that my grandfather used to sing to me that said i never will marry. i'll be no man's wife. i intend to stay singing all the rest of my life. and my father always said -- i really kind of made that decision. not -- i went out with lots of amazing men and i had a lot of amazing relationships. but in the back of my mind when it came down to, do i really want -- >> kids and husband? >> that will stop me from doing what i want to do the way i want to do it. >> do you regret that decision? >> no, i don't. >> you've talked very candidly about your use of drugs back in

the day. you've been clean for a long time. >> long time. >> do you feel you're just as creative? >> absolutely. i think that we all did drugs because everybody else was doing drugs. that's because, when lindsey and i moved to los angeles in 1971, we didn't have enough money to buy drugs. we hardly had enough money to buy food. the people that we started hanging out with after we joined fleetwood mac were more famous and rich than us. we weren't rich and famous when we joined, right? it was being done everywhere around us. >> were you always creative without it? >> i am. i'm doing a two hour and ten minute show right now and i don't even have a drink before i go on stage. sometimes i laugh and i look out and i go -- i'm swirling around and i'm thinking, you know what, i am totally sober and i'm having such a good time. >> rumors, fleetwood mac getting back together? >> next year so far. >> tour next year. >> you said that you didn't even

hesitate. it's like done. >> it's the plan. it's the plan. because that's what we do. >> that was a good question, erica. >> i do my thing and lindsey is doing my thing. >> everybody on board? oh, yeah. everybody is on board for 2013? >> oh, yeah. >> okay. >> so we should say continued success. she's on the road with in your dreams. beautiful, beautiful songs. love listening to them. >> one quick thing. we made a -- dave stewart and i, who is insanely crazy and wonderful. the making of that record was the best year of my life. of all my 64 years, it was the best year of my life. >> nice, nice. >> stevie nicks, you look good, you sound good. really great to see you. >> thank you so much. you too. the album, in your dreams is on sale now and of course, the tour this summer. also, catch stevie doing her heart and soul tour with rod stewart that is coming to a city near you. >> we like stevie nicks. one critic says, we like him too, jason biggs, gives a

potentially career changing performance. wow. in his new film, the american pie star is taking on american politics in a movie called "grassroots." he's waiting in the green room. but

first off, no one going to quote you. grant, no one is going to quote you. i actually thought you sounded -- >> no, i didn't. don't lie to me. what the hell was that? it sounded like angels were coming out of his mouth. >> jason bates plays an unlikely campaign manager in grassroots. it's based on an actual election in seattle that happened about a decade ago. >> of course, we remember him from all the american pie movies. but he's a broadway veteran who started acting at five years old. jason biggs is all growed up and here in studio 57. >> hello. >> when you walked in the

building today, did you get a happy tingle? i understand from -- that you were the world -- >> in this very building for a year i worked here. from the time i was 15 to 16, yeah. and nancy worked on it and for a lot longer than i did. yeah. brings back a lot of memories. >> did it feel weird to you? what was it like? >> it felt -- >> back in the dayment you were in the soaps. >> felt a little weird. it's strange that as the world turns is not on the air anymore. that's so crazy. that just happened recently. i remember following that. once i heard that it was going to be leaving the air, it was kind of a bittersweet. so many people came through that show over the years. it was on for -- that show started in 1842, i think. >> you were there back in the day. but we love saying that jason biggs, you are all grown up. one of the nicest things about you is your wife.

we're going to talk about your movie. i remember when you got married four years ago thinking you seemed so young. now you are a grown-up person with a grown-up wife. i think she's very lovely. you tell a great story about her and your parents. you joke that you think your parents like her better than you. >> yeah. i know they do. >> do they? >> they told you? >> they've told me and it's very evident and they've already changed their will to reflect this. but they get along really, really great. my wife is incredible. whenever my parents are in town, you know, they're always hanging out. in fact, the last two times that my parents came to visit us in los angeles, it worked out i had other obligations, i might have been working or something and my wife went and took them to get tattoos. >> tattoos that say -- >> first it was their names, each other's names. my mom and dad's names.

>> your parents. >> there was a shot of it, actually. then this -- i came back from set that day. i said hey, how was your day? my wife was like, it was great. >> guess what we did? >> we went to the tattoo shop. you know. i'm like, did you buy harley davidsons as well? are you wasted right now? what's going on? those three things go together, obviously. months later, he come back into town and once again, i'm like, okay, babe, i have to go to set. you got to -- everything is going to be cool. i come back, she's like guess what? this time a tattoo that went up my mom's arm, i swear. they got like bigger tattoos. if i leave them alone again, i'm going to come and they'll have -- >> it's an addiction. >> your wife is a great parent sitter, jason. >> yeah. >> okay. >> you have this great movie out, which is very timely. it's about local seattle

politics. all politics are local. do you see any -- you play a campaign manager, sort of reluctant at first for a friend in the movie. do you see any parallels, though, between this race in seattle ten years ago and today? oh, my gosh, yes. i think you said it. i mean, it's all politics are local. there's something about grassroots politics and people, i think, get really caught up in sort of the national level politics and of course we currently are. but you realize that the decisions that really affect people on a day-to-day basis for the most part happen on a very local level. you know, the character that i play and that i'm campaigning -- the character that i'm campaigning for, his ideas are a little out there. >> a tad. >> they're a little extreme. >> he's passionate. >> but ultimately, he's nothing

if not passionate. he has a voice and wants to use it. it's a timely little film and even though it's about a very specific campaign in 2001, very smaller city council election, i think it speaks to the state of politics in general and what can be done approximate it. >> was it fun to do? did the director even described you as a contemporary jimmy stewart. there's something to live up to. >> no, no. no pressure. i mean, right. >> that's a compliment. >> of course. >> it's the little guy fighting city hall. shows that you can win. >> it was a lot of fun to film. and this was different for me. steven gyllenhaal who wrote and directed the film. >> he must be related to --

>> he's not related to me at all. >> to maggie and jake. he must be -- is he related? >> he's maggie's son. >> okay. >> i'm kidding. >> i know you're kidding. >> he's maggie and jake's father. >> got it. >> yes. so he just had faith in me from the beginning. he trusted me with this role and he really believed that he could get a sort of different kind of performance out of me than what i've given in the past. >> he did. >> he did. i thank him immensely for that. it was a really lot of fun to shoot. >> jason, you did a great job. it's so different from american pie. when we say that, do you go like this or do you embrace the association with american pie? >> i'm totally okay with it. i'm very proud of it. it's a big part of my life. >> you should be. >> thank you. >> continued success. >> thank you so much. >> same here. grassroots is playing in select theaters. it opens here in new york on friday. we'll be right back on "cbs this morning."

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