. >> dylan this has touched a nerve. what did you mean by the extraction, that people ought to be upset about. say a little more about that to keep the information flowing. >> what i was trying to communicate was my sense that everybody, whether you're a conservative, liberal, whether you're a democrat, a republican or an independent or martian worshipper, you are aware that the american tax code is bought. those who fund or politicians get beneficial tax treatment, whether it's corn, whether it's health insurance or the oil companies or loopholes for wealthy versus those who work. regardless of what you think the tax code should be, everybody knows it's a bought code. everybody knows that the trade agreement with china is extracting money from us. we get a report every month, half of our trade deficit every month is a result of the fact that china taxes then, but do we tax them? everybody knows that. everybody knows that the banking system is not structured to take the trillions we good i have it and lend or facilitate a

. >> this case has struck a nerve, it is finally struck a nerve with our community, law enforcement, the federal agencies and you see a major response and i think that people are finally getting it. and of lives have been lost in the city. when you have an urban environment and you have a child that shot down in the middle of the daytime that becomes a little over the top. if there is too much a loss of life in this city as a whole. at this point, when we bring people into custody and bring them to justice this is not a one day yvette's i pray that this is not a today even though we start to come together not only as law enforcement but as a community to address this. >> one city official said the violence has got so bad in oakland that extreme measures are needed. >> we lose about 70 to 100 lives on the streets of oakland every single year. if it takes bringing all the resources to help address the problem then so be it. and those that would challenge us about gang injunctions, about curfews, then i do not care. if it means you have to stop and check the cars, how then do it. ran--c

watch her take on this talk radio host who had a nerve to make a crack about letter while she was on leave. >> here is what you said. >> megyn is still on maternity leaveness. >> right. >> are you complaining. she's bonding with her baby. >> what a racket that is men don't get to bond. >> racket. >> how much time does she get off. >> probably three months. >> would you care to explain those remarks, mr. gallagher, maternity leave, it's a racket. >> well, are you going to disagree that there is-- again i'm on -- >> are you doubling down. no, no, no,. are you not taking those remarks that maternity leave according to you a racket. >> jon: how is it a racket? does it make you laugh? is my special bond with pie baby here to amuse you? you tell me how it is like a [bleep] racket. you son of a bitch! how is my maternity leave a racket? (applause) >> jon: [bleep] now what? different movie. megyn kelly is a bad-ass. that guy-- that guy was calling maternity leave a racket. he was saying that women shouldn't get paid for and megyn kelly was just like-- never get between a mama grizzly and her

. >> this case has struck a nerve with the community, the law enforcement, the federal agencies, and you're seeing a major response and i think people are finally getting it. there's enough lives been lost in this city when you have in an urban environment and you have a child shot down in the middle of the daytime, that becomes a little over the top and there's too much loss of life in the city as a whole. when we bring people to custody, this is not a one-day event, this is not a two-day event, we have to start coming together to address not only as law enforcement but as a community. >> one city official says the violence has become so bad in oakland that extreme measures are needed. >> we lose 80 lives to violence in oakland every year. those who would challenge us about gang injunctions, aboutcurfews, then i don't care. if it means stopping, checking cars, then stop and check the car. i mean, we've got a police department that's under strength right now. that's why the chief is asking the u.s. attorney general to bring in extra resources to help us. we had a homicide last week in

after a series of high-profile financial scandals, it has hit a nerve with millions of indians who want the graft to stop. >> new franco-german plans to boost fiscal convergence in the eurozone is getting a cool response from other member states. austria and ireland criticized proposals to create an economic government in which euro states agree to give up sovereignty. the proposals have failed to convince investors that the debt crisis is closer to being solved. >> chancellor merkle believes the meeting in paris came up with steps to renew market confidence and ensure the future of the euro. germany and france focused on three main proposals. eurozone leaders should coordinate economic policy, members should enshrined that ceilings in their constitutions, there should be a tax in the financial transactions, securities to cover the eurozone are not planned, and are opposed by a coalition partners. >> you can only solve eurozone problems by running up less debt. the deficit spree has to be stopped. otherwise, there cannot be stability. everything else merely deals with the symptoms. in t

even yesterday's good news followed a nerve-wracking ride. the dow spiralled south when federal reserve announced a plan to keep interest rate at record lows for another two years. then traders gave it some thought and the market snapped back toward the sky. >> something needs to be done to instill confidence, rather than just putting a stroke over it and saying it will be okay. it's not going to be okay. >> the fed seems to agree saying the economy is growing considerably slower than expected. the decision on interest rates rolled through the economy like a pinball. mixed news for credit card holders most of whom will now see steady rates but people who are considered credit risks might pay more because of the s&p credit downgrade. the slumping housing market isn't likely to get a boost because concerns over the slumping job market keep people from buying and the forecast isn't good. in the last six months the economy has been growing at a rate of .8%. there has to be 2.5% growth to make a dent in the unemployment rate. >> we'll do the best w

what i think the s&p thing did was to hit a nerve that there's something basically bad going on, and it's hit the self-esteem of the united states, the psyche. >> reporter: s&p officials warned of a one in three chance of another downgrade next year, if america's fiscal position gets worse or political gridlock becomes more entrenched. so far, there's no sign that either republicans or democrats are turning down the heat. >> this is the tea party downgrade, because a minority of people in the house of representatives countered even the will of many republicans in the u.s. senate who were prepared to do a bigger deal. >> well, i agree that there is dysfunction in our system, and a lot of it has to do with the failure of president of the united states to lead. >> reporter: for many americans, the big question is when the economy will start growing faster and adding more jobs. secretary geithner expressed confidence that the u.s. at least could avoid a double dip recession. >> our country is much stronger than washington. we have a very resilient economy. we're a very strong country. and

even yesterday's good news followed a nerve-wracking ride. the dow spiralled south when federal reserve announced a plan to keep interest rate at record lows for another two years. then traders gave it some thought and the market snapped back toward the sky. >> something needs to be done to instill confidence, rather than just putting a stroke over it and saying it will be okay. it's not going to be okay. >> the fed seems to agree saying the economy is growing considerably slower than expected. the decision on interest rates rolled through the economy like a pinball. mixed news for credit card holders most of whom will now see steady rates but people who are considered credit risks might pay more because of the s&p credit downgrade. the slumping housing market isn't likely to get a boost because concerns over the slumping job market keep people from buying and the forecast isn't good. in the last six months the economy has been growing at a rate of .8%. there has to be 2.5% growth to make a dent in the unemployment rate. >> we'll do the best w

. >> what i think the s&p thing did was to hit a nerve that there is something basically bad going on. it has hit the self-esteem of the united states, the psyche. >> after the u.s. downgrade, standard and poor's aaa rating is carried by only four economies, including germany. it indicates a country is extremely reliable and interest on bonds may be lower than 3%. the new status will almost certainly have repercussions for the u.s. belgium, for example, must pay 4% interest on its bonds. belgium has not been able to form a government since 2010. new zealand also has aa plus. many economists say that while the u.s. is no longer on top of the class, it is stronger than other countries. china is rated slightly lower than the u.s., at aa minus. japan, the most indebted economy in the world, only has to pay 1% interest, because the country's citizens on such a high proportion of its debt. perhaps the u.s. will not do badly. economists suggest it might have to offer 3.5% interest in future instead of 3%. historically, that is still a lower rate. >> some analysts are calling it a perfect sto

in a community that has dealt with more than its fair share of street violence has struck a nerve. >> from ordinary folks to the top cop. a sense tonight that enough is enough. this is the innocent young face that is fueling their disgust over what is happening. three-year-old carlos nava, junior killed yesterday by a stray bullet. abc's alan wang is live in pittsburgh where police have made some arrests. >> yes, possibly a big break here dan and carolyn. oakland police, however, not giving us the details in the arrest of two men here. but they believe it was a strong lead that lead them here in connection with the drive by shooting death of three-year-old carlos nava. the pittsburgh apartment resident says 10 to 15 oakland cops surrounded the apartment on pheasant drive. >> we had one cop over here and then one posted about five cars down and they had cop cars and people behind the building telling us to stay in. they all had their weapons drawn and they brought out the k-9 actually and i heard them asking for the k-9. >> reporter: neighbors say there is heavy foot traffic here day a

yank of age rushing through four game to one late in the first set to lose that six ball but held a nerve to take the second down a toilet break and then i was. in the decider six games to three sure up of a second title of the year after winning in rome and it's the perfect preparation for the u.s. open which starts in a week's time and only murray won the men's title in cincinnati after world number one never had to retire through injury. murray had won the first set six four three games to love up in the second one they called it a day this defeat only his second of the season and that winning streak finally took its toll on djokovic she did look exhausted but he's hopeful he'll recover in time for the usa. it's kind of expected played so many matches this year. in winning. you know a lot of. reaching the final stages of each event that i've participated on and. you know the considering the schedule it is very busy terminus it's kind of normal to expect that at some stage you are exhausted but. as i said you know. confident that i can recover and be ready for you so. now golf has a new

what i think the s&p thing did was to hit a nerve that there is something basically bad going on, and it's hit the self-esteem of the united states, the psyche. >> reporter: s&p officials warned of a one in three chance of another downgrade next year if america's financial position gets worse, or political gridlock becomes more entrenched. and if today was any indication, away any s not goingcc1: time soon. with republicans and democrats still blaming each other. >> this is the tea party of grade because a minoritycc1: people in the house of representatives countered even the will of many republicans in the united states senate. who were prepared to do a bigger deal. >> well, i agree there is dysfunction in our system, and a lot of it has to do with the failure of the president of the lead.1:states to cc >> reporter: for many americans, the big question is when will fasternomy start growingcc1: and adding more jobs. secretary geithner tried to reassure americans that the u.s. verycc1: least can avoid a double-dip recession, but the words are vague. >> our country is much stronger than

yankovic's the russian threw away a four game one late in the first set she lost that six four but held a nerve to take the second on a tie break and then overpowered yankovic's they get confirmation in the decider six games to three that show up in the second title of the year after winning and he's the perfect preparation isn't it for the u.s. open which starts in a week's time. and andy murray won the men's title in cincinnati after the world number one novak djokovic at retired three when very very hard won the first set six four three games to love up in the second. to call it a day just a feat only his second of the season and that winning streak finally taking its toll on djokovic she did look exhausted but he is hopeful he recovered in time for the usa. it's kind of expected i played so many matches this year. we. you know a lot of them. reaching the final stages of each event that i've participated on and. you know they do considering the schedule it is very busy internists it's kind of normal to expect that at some stage you are exhausted but. as i said you know. confident that i can

leading off, time for a jobs program, one day after a nerve-rattling loss of over 500 points on the dow, some encouraging news that jobless rates dropped in june and more jobs were created than expected. the stock market finished modestly higher and president obama tried to assure american voters that we're going to get through this. this much we know, his presidency depends on it. but is there anything he can do right now? i say yes, there is. people need work, they need jobs and if private industry won't do it it's time for the government to step up. the government is falling apart, all roads and bridges, the best of america was built during hard times, things like the empire state building and the hoover dam and the golden gate bridge. also, rick perry's religious jamboree in houston, a gathering of the faithful or the fringe? one participant calls the statue of liberty quote a demonic idol, right there in the middle of new york harbor. >>> and somalia, a devastating famine has preyed on the weakest. let me finish with this new idea, it's time for good old action. let's begin with wa

one day after a nerve rattling loss of more than 500 points on the dow some encouraging news that jobless rate dropped in june and more jobs were created than expected. the stock market lurched this way and that and president obama tried to reassure americans we would get through this. his presidency depends on it. but is there anything he can do right now? i say yes, there is. people need work and jobs and private industry won't do it, it's time for the government to step up the country's falling apart. old roads and crumbling bridges. the best of america was built during it hard times, let's remember. things like the empire state building, the hoover dam and golden state bridge. let's do it again. >>> also, rick perry's religious jamboree tomorrow in houston. is it gathering of the faithful or the fringe? one of the participants calls the statue of liberty a demonic idol right in the middle of new york harbor. and we get a report from our own richard angell in somalia, a devastating famine that has preyed largely on the largest, the weakest, the most defenseless. >>> let me finish with

. >> what i think the s&p thing did was to hit a nerve that there's something basically bad going on. and it's hit the self esteem, the psyche and it's having a profound effect. >> s&p stands by its decisions, sayinging it's based on $14 trillion in debt and our inability to control it. what is the s&p and how do they have so much sway over the economy? christine romans, let's talk a little s&p 101. what is it and who is it? >> look, standard and poors is one of three big ratings industries, standard & poor's, moody's and fitch. they assign a grade to show a country's ability to pay back their loans. the safest bets are stamped aaa. that's the rating that the united states held since 1917 until friday. now, those ratings are based on the opinions and analysis of the agencies. and, right now, s & b is pessimistic on our government's handling of america's debt. the five factors they look at when assigning what's called a credit score for sovereign debt. they're each rated on a scale of one to six and create a political and economic profile and a flexibility and performance profile of wh

the russians through a pool game to one late in the first set to lose that six hole that held a nerveto take the second on the tiebreaker and then overpowered yankovic in the decider six games to chirac of the second title of the year after winning in rome and he's the perfect preparation for the u.s. open pushcarts time and andy murray won the men's title in cincinnati after world number one novak djokovic to retire. the women three mary had won the first set six for almost three games to love bucky the second in a so they call it a day this defeat only his second of the season and that winning streak finally took its toll on djokovic she looked exhausted but he's hopeful he'll recover in time for the usa. it's kind of expected to play so many matches this year have been winning. you know a lot. and reaching the final stages of each event that i've participated on and. you know to do considering the schedule it is very busy internists it's kind of normal to expect that at some stage you are exhausted but. as i said you know i am confident that i can recover and be ready for you so. n

parade their way is across red square one of the most famous landmarks in the world well is that a nerve racking experience i mean that's a big audience you go right there playing in front of the queen is really great i mean it's a privilege it's wonderful place to play. that's a great gigs there now i have to say looking resplendent in your uniforms right now how long and how much effort does it take to make sure that you are looking slick and looking ready for the performance oh and then on up which are probably about twenty minutes to where you know i may show you is a so i ended stuff before we go out and then just polish you know you've got some beats i feel terrible it takes me about twenty minutes to get ready to look like this but it's the music what you're here for and see you must be very very experienced musicians how much effort goes into being really at this pinnacle of your real profession that you are go over to apply to do swings before we left school so i was a boy experienced anyone else i would just sort of join the army could get hold of the job was going and we did t

that struck a nerve and a texas town. >> i hate pitching here.pitching mound sox. there are no fans. you want it to be a professional organization and it just is not. >> harsh words. the rangers have four runs in the second period and 5-0 with an rbi single to left center. off granted mccarthy the rangers scored six runs in the second inning. also a scary moment with mccarthy getting nailed. rangers beat the a's. twone >> summer season at the movies. >> first, henry's garden. >> i was just joking [laughter] >> you are saying that you are abusing plans. >> demonstration. i was just doing a demonstration on how you would plant and i ran out of room. >> what are you doing? >> pit project. >> some bloodgras [laughter] >> this planting. as look at this, ladies and the gentleman you can really be creative on what you use. >> absolutely. >> and would you use this on your foot? >> i will have to use my for gardening shoes, not my sunday issues for ephemera soil? >> i like to use potting soil right out of the back it does not make much difference. >> for

clearly she's touched a nerve.ow she's working on her second novel ananadmits to being a little jittery, after this kind of success, how do you top that? david? >> we will stay tuned. >>> when we come back on the broadcast, the birthday wish you will never forget from the 8-year-old turning 9 and the gift she's now giving the world. , woman: day care can be expensive. so to save some money, i found one that uses robots instead of real people. 'cuz robots work for free. robot 1: robot 1: sfx: modem dial-up noise woman: flaws? yeah, um, maybe. anncr: there's an easier way to save. anncr: get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. morning starts with arthritis pain... that's two pills before the first bell. [ bell rings ] it's time for recess... and more pills. afternoon art starts and so does her knee pain, that's two more pills. almost done, but hang on... her doctor recommended aleve because it can relieve pain all day with just two pills. this is lisa... who s

either a good or a nerve see. feel. and do stay with us we'll be on the max two thousand and eleven after all throughout the week i think it's my turn tomorrow i will have some. action as well as talking to the captains of the aviation industry who will in attendance. shape future flight. takes to the air show. you with r.t. now european stocks plummeted on news that economic growth across the e.u. has stalled all as france and germany meet to work out a way to end the debt crisis currently sweeping the eurozone but europe's two financial powerhouses are at a dead end even before the negotiations have started ballin is refusing to throw even more money at the crisis daniel bushell reports from brussels. the magic pill that's supposed to spread the euro did across the european union is something called that in effect would transfer northern european stability to the southern states it would create a single. people could fall into the suppose it would be calm investors to show that there is a united front and the stronges

city because they like to be more like oxygen of a nerve every. let your eyes her last story for at a time riots in london and now this is the london mayor boris johnson talking about how they're cracking down on people. police you see some of the results the moment the rich deep emotional does not continue to happen. because much those people would receive very severe sentence. ok so there obviously are people that were looting in vandalizing and it's still a lot of things and we're burning property and they deserve to be punished but twenty three year old student with no previous convictions was given the maximum permitted six months of jail time after stealing bottles of water i think that's a little much because you know they're going to have some problems if they're going to do this everybody because you saw you guys remember the pink floyd adoptive son there are some pink floyd his adopted son got sixteen months for protesting at a student protest. i mean it doesn't make much of a family i question attention if you were to the same time it's

. >>> a closer look at the earthquakes may have rattled some nerves. experts say it does not diminish the chances of a stronger quake striking in the future. the san leandro area has received three earthquakes in the last week. the shaking was felt across the east bay, but no damage or injuries were reported. this earthquake cluster is a bit unusual, but nothing to be alarmed about. >> in terms of does it change what the chances are of having a large earthquake in the next, like today, tomorrow, in the next year? not really. >> a 2007 usgs report says there is a 30% chance the hayward fault -- >>> new cracks were also spotted in the washington monument in adish to the one spotted near the top that was first spotted yesterday. the monument is closed until repairs are finished. damage to the national cathedral appears to be limited to decorative elements. not the structure itself. repairs are expected to cost millions of dollars. in virginia, much of the damage is not covered by insurance, since quakes there are rare, most don't by earthquake insurance. i

. >>> a closer look at the earthquakes may have rattled some nerves. experts say it does not diminish the chances of a stronger quake striking in the future. the san leandro area has received three earthquakes in the last week. the shaking was felt across the east bay, but no damage or injuries were reported. this earthquake cluster is a bit unusual, but nothing to be alarmed about. >> in terms of does it change what the chances are of having a large earthquake in the next, like today, tomorrow, in the next year? not really. >> a 2007 usgs report says there is a 30% chance the hayward fault -- >>> new cracks were also spotted in the washington monument in adish to the one spotted near the top that was first spotted yesterday. the monument is closed until repairs are finished. damage to the national cathedral appears to be limited to decorative elements. not the structure itself. repairs are expected to cost millions of dollars. in virginia, much of the damage is not covered by insurance, since quakes there are rare, most don't by earthquake insurance. i

back at odds reports of new shelling from north korea as the southern neighbor returns fire after a nerve to reshelve from the north pole into waters close to both countries dividing line. and we discover how activists organize their own vigilant campaign against sexual predators as pedophile offenders escape justice in russia. but first with the economic turmoil in the u.s. in the euro zone sparking volatile market trading investors are increasingly looking for a safe haven for their money and it looks like asia could emerge as the main contender many analysts believe that with the loss of america's aaa credit score and fears of a new wave of recession china could become the world's strongest economy earlier than expected previously the international monetary fund said beijing quote forced washington from its financial prone by twenty sixteen trying of course still holds more u.s. treasury debt than any other foreign country in his voice loud criticism of america's handling of its borrowing limit crisis or as a correspondent has details. the latest international monetary fund predictions

the problem is that corporations are people, my friend, it hits a nerve. and it's a basic reason why, that corporations are not people and sometimes corporations are a lot more powerful than people and that can be a problem when corporate interests are the opposite of people's interests. this is not an obscure idea. this is not even a controversial idea. it is absolutely in some company's business to do mining and drilling in the cheapest way possible even if the way they do it causes pollution or damages the water supply in the area they're watering or drilling. child pornography could be in a corporation's rational interest to produce and sell as much child pornography as possible. it's in wall street's financial interest to turn people's mortgages in a tradeable commodity that had nothing to do with whether or not if people were capable of paying back the mortgages. for years, hundreds of billions of dollars of corporate interest right there. rational corporate interest. it destroyed the economy when it all came crashing down. the corporations in the end

we've seen numbers go up, trump hit a nerve a few months ago.for a little while. what is interesting about these numbers that came out today, it is the first perp of any of the names to almost hit 30%. if you go back, many elects back over the last decades in the republican field, you had a front-runner by new that was well over 30%. and that person in almost all cases went on to become the nominee this is a different environment. >> greta: is this a honeymoon? there's a new glow and no one has thrown any dirt at him? >> i think it is a little of that. i was in iowa, it was fascinating, last saturday, he walked through the crowd and an inordinate number of people were not only thrilled to see the guy but knew who he was, which i thought was surprising. he has a way of interacting with people that is very natural. i think he will be strong on the stump in that way, perhaps more than anyone else. there's a long way to go and people have a lot to learn about him and his record. some of it may not sit well with everyone. >> greta: the numbers from a

. >>> what i think the s&p thing did was hit a nerve that there's something basically bad going on andhit the self-esteem of the united states, the psyche, and it's having a much profounder effect than i conceive could happen. >> hmm. another surprise there from the former fed chairman alan greenspan as he gives his thoughts on the downgrade. felicia taylor took to the streets of new york city to find out. >> reporter: we just had a downgrade, an unprecedented thing to have here. are you at all concerned about the economy of the united states? >> i'm despairing about the economy, but the bond rating agencies aren't waring a lot of clothes right now after the way they mishandled the rating of all those terrible bonds that everybody bought. they were aaa until the economy collapsed, so i don't think they have a leg to stand on really. >> i'm surprised it didn't happen earlier really. >> reporter: why's that? >> i think we even been on a track toward irsbonl spending for quite a long time. >> reporter: how worried are you about your personal finances? >> well, you know, i'm retired, i hav

when will a grown ass nerve a geisha and. get the full set of maps of the russian territory i know that well at least a couple of weeks ago you still did not dismiss the truth. there are a few companies are. also some global companies and developing the maps for us thank you for the maps and there's a lot. we don't see a lot of obstacles so far for is enormous technology. in this area. of course old like. the russian company has become leaders in this market. we're planning to stimulate. your future was in line companies to develop the position in this area but at the moment there's a massive dossier of problems in this market i remember that in the soviet times naps were of great secret i mean i mean you couldn't buy maps of that territories of the soviet kenyan because of the military secrets is a problem in russia where the. no longer a problem actually the russian edition market started four years ago this secret. worry moved in this industry in this area and now we have g.p.s. because of the because. google because it wa

a. nerve virgin graber obvious that something that's still hard on him but he's still saying that he thinks that things are better than they were do you think that simon hans has a point there. yeah i mean look the the real issue here is should people panic or not are the markets about to fall even further than they have over the last couple of weeks or not and i think there are a couple of gauges you know couple that i mentioned earlier for example if you look at what's happening with people flocking into cash flocking into gold flocking to the swiss franc or anything that they think is a store of value at this point it suggests that this massive risk off mentality you know isn't just a little bit of a move or an overreaction to some of the problems we have but people kind of fundamentally coming to terms with the scope and depth of our crisis so while it may be true and possible that from the federal reserve for example or through other measures will try to come in government will try to come in here keep a floor under things keep the stock market relatively in this range or higher you kn