>> i don't think that putting leaches on a patient is ever a good idea.on't care how sick the patient gets or how well the patient gets, but putting leaches on the patient is not a good idea. raising taxes does not help the economy, and as a matter of fact the two cases you talked about is the reasoning of 1982, and the reasoning of 1990, but both failed budget deals where the tax increases were real, and the spending cuts were phony. what we learned in this, and that's the good news is that you don't have to raise taxes as part of some deal. what you can do is to focus on the problem. too much spending. and that's exactly what we did. it was bipartisan, and you saw quite a number of democrats in the house vote for it, and the president says he is for it, and he is a big democrat, and democrats in the senate will vote for it. we have a bipartisan spending cut. >> and here is the thing, grover. i have listened to you espousing this for a few weeks and you have had a good day today. and my point is both presidents reagan and clinton raised taxes in slow eco

>> i don't think that putting leaches on a patient is ever a good idea. i don't care how sick the patient gets or how well the patient gets, but putting leaches on the patient is not a good idea. raising taxes does not help the econo economy, and as a matter of fact the two cases you talked about reagan had a significant rate reduction and then some tax increases, the tax cuts are what helped grow the economy. with clinton, what happened is that the economy didn't turn around until the republicans captu captured the house and the senate and they also cut the capital gains tax. so those are -- >> well, let me bring in mort zuckerman who is smiling wryly at the description of leaches here. mort, over to you. >> well, let me say that there is a fundamental issue that we all have to face which is that our expenditures as a country way exceed the income, and as erkin bowles said, this is the most predictable crisis in the country's history and we have to do something about it, but it is a political process as well as economic process and with all due respect,

is often leaching the mid thirty's in one of the beaches here is the way to cool down at moment is great overhead. beautiful ball around. there you can enjoy the freedom it's nice water is so cool it's greatest leaders believe it's a great. part of the city and come to serve time i remember a car used to play here when i was a child and it's amazing how well preserved the deer is his ability to. measure the area he's taken on a new forest that centuries old it's a wonderful place to enjoy a leisure stroll even. if you don't read harry just. loving it's a film haven from the communist country for a diplomatic elite provides a taste of life with plenty of buildings mixed in with palms and forests. the park has over two hundred thousand forms of plant life for many of the trees are over one hundred years old seventy bowls beaches are the cleanest in the city i don't very popular among muscovites on the weekends it's difficult to find a free spots here especially because a whole range of services are off to this is. the out to every here has enough of the old and of the new to make a trip re

spencer was gracious in acknowledging jim leach. without michael oxley he would not have gotten to the ranking member. let me also acknowledge the willingness of the state legislature of new york to act against his state's economic interests. if they had redistricting in 2002 i wouldn't have gone to be the chairman. why a state where financial industry is the number one industry would knock out the guy who would be chairman of the committee are don't know and i am not questioning it. i am just the beneficiary. it didn't seem smart to me but what do i no? the other thing i would note, one president was chairman of the committee, james garfield. the second shortest tenure as president but he still was president. i don't think any committee has ever had before. spencer sits on a republican side with three declared presidential candidates. ron paul, michele bachman and thaddeus mccarter. they have primary in their caucus. the committee's work is challenging and important and we are grateful to the people who are here to help us figure i

animals have been shot with these lead bullets, and so -- they have a medical technique where they will leach out the bloodstream. we are delighted to be partnering with the fish and wildlife service. and the fish and game on this project. and i would like to talk about the san francisco zoo. like all of the communities and all of the city governments, it is important to deal with the waste stream, and people can help to select this and go to compost or garbage. we have been working with parks and recreation about this and we are up to 75% right now. we have biodiesel. we have these vehicles going out into schools. i saw on the news today, the bay area transport commission is trying to get people to take public transportation. we have the employees -- if they get public transportation, we provide them a couple of money for the passage, and we also encourage people to come to the san francisco zoo by giving them a dollar off. this is a corrective action that will make this a better place. i went to a conference in seattle in march, and this was a conservation conference. this was from committe

london's burning rioters and police take over the capital for a third night as leaches target yet more areas of london in a spiraling cycle of violence on monday night the violent shoot a few signs of abating in fact it spread further around the city said here in east london it happening where rioters set fire to cars and tried to break into more shops meanwhile terrified residents of london could do nothing but no court and police sealed off streets and treat whole areas as crime scenes with local communities trying to come to terms with the wave of looting engulfing north east and south london in enfield looted shops making off with whatever they could carry in nearby edmonton a man was stopped south in brixton riots astrue rocks at police. and in tottenham where it all began the high street is a burned out shell of the police the job center are the banks everything that's happening the recession you know there's a lot of anger about that no jobs nothing for the youths to do so yeah i block out our third australian or anger you know and it it it is sad that it's the it's the poor peo

east london last night london's burning riot is in police takeover the capital for a third night as leaches target yet more areas of london in a spiraling cycle of violence police still off the streets in treat whole areas it's crime scenes with local communities trying to to come. comes with the wave of looting engulfing north east and south london in tottenham where it all began the high street is a burned out shell the police the job center all the banks everything that's happening the recession you know there's a lot of anger about that no jobs nothing for the youths to do it was sparked by the fatal shooting by police of this man mark duggan tottenham once on says about why and how he was killed but his shooting was just the spark in an exceptionally dry tinder box tottenham and other london boroughs have long been simmering with resentment towards the police towards social injustice and towards unemployment this is a community which is owned fantastic precious by how levels one a ploy moment then are losing jobs their lives and services youth clubs have been closed those never an excu

the first the russian premier league coach leach on his policy has praised his team's counter-attacking style that saw them grab it sooner when i reached here scar in moscow the victory putting them within two points of the army. at the top of the table two goals within one second half minute doing the damage alexander could you called opened after fifty four minutes for the pinpoint headed there before a shop in the unmarked alexander a new cough swiftly made it to neil beating people can feel any hopes any remain unbeaten for a night straight game and inflicted during the second defeat of the season on the. maybe it's looking a little bit bigger than they deserve but anyway they use their just as we did and so it's always there when they go home with three points we will have to keep going and keep training so that it elsewhere angie unveiled a russian midfielder you call the head of their home game against tom who they tell you no thanks the first half go from alexander prudent and the late strike on my catch got here and you stay for the keep up the pressure on the league leaders it

fifteen minutes to get them pushing the realest and when the gay resumes and valleys and let it go leach deep into injury time he was spot on the win for two yes in complete contrast it was an early eventful game for luck motif they were held to a goal this draws i've gotten so i believe the words of. paul meanwhile twice former champions rubin kept up the pressure on the top four with a controversial one there when that second bottom sponsor no trick remains eventually under the silver star his feeble first half penalty to know it was. they get really caught that little bank that saved his blushes with a seventy second late strike despite a wave of protests from the home side who insisted the strike accountable or in the build up still being to retreat and stay fifth. while in the early kick off new was closeted i can not easy to know when is it lonely out there for a match when it's run it's a night was so great you opened thirty two minutes and. in the second half of the trench blasted in a long range cracker from a second place in time his poor side and their third defeat in four gam

and some statistics ecolab it says fears in one thousand nine hundred eighty eight before leaches warming of serbia albanians made up sixty six percent of course of those population today three years after the region's self proclaimed independence this figure amounts to ninety two percent thousands of serbs have left the course of a some who have been say they have forgotten will leave it in pieces like. that is all of the sun goes down and this is when the fear starts to grow. he wishes house is on the verge of a small serbian enclave he has another word for it. forget the ghetto . this is a prison with few animals as he can see here but they do everything to make your life your models it was a beautiful forest with huge trees like this here they cut it all there are only boosters left that if we can get a trigger women beaters in one of the most little you bashir has two children and one small but says his desire for a larger family will do little to help strengthen the serbian population in cos of a every o'bannon family here has from four to ten children making this athlete group one

into law the commodities futures modernization act and another piece of legislation called graham leach bliley which end of glass steagall and set up are too big to fail banks which both by the way helped his wife wendy make a fortune as a member of the board of directors of enron graham's legislative masterpiece is often called the enron loophole and much of perry's wonderful economy in texas is the result of oil prices triple in the last decade and texas is the home to lots and lots of oil refineries so many in fact that texas produces more pollution than any other state in the union. great way to jump start the economy rick it's almost like you're channeling the enron c.e.o. ken lay and conveniently die just before he can testify at his own trial and spill the beans about phil and wendy gramm phil gramm helped make fortunes in his home state of texas both when he was a congressman from there and a senator and when his wife helped run enron even coauthored ronald reagan's first budget which cut taxes on billionaires raise taxes on working people and began the death spiral of today's a

cool's have been working through the night to deal with leaches with almost eight hundred people were taking part in britain's worst on rest in decades of political activists john rhys's it won't be long before more disorder a rabs those arrests alone can't solve the deeper fundamental causes . this isn't something that can simply be. streets with water. plastic bullets it isn't something that can be and it isn't something that will be going posing in prison so that it would seem to you know before you jailed for six months for stealing a one pound bottle of water in the united kingdom that was there is greater inequality any point to the last two hundred you're going to actually go back to the days of the slave trade to find such a just for the rich and of course we want you expect if you show people repeatedly the most expensive consumer goods tell them. sell worth in life but their respect from other people will be judged by the degree to which they can obtain these goods and then deny them the ability to get them or you there because the wages also low or because there are no jobs

would be prosecuted it's a sorie story and it really goes back to nineteen ninety nine when the gramm leach wifely act in the united states repealed glass steagall and created this speculation the engine too big to fail banks that are right now once again teetering on the edge of complete disintegration there's a bill in the united states house of representatives h.r. fourteen eighty nine that would simply reinstate plastique will and other members of congress are saying that in addition to that we should repeal this bill nonsense and go back to the kind of emergency measures that franklin roosevelt talking one nine hundred thirty three when he first came into office without some radical change in policy like that. this system this transatlantic banking system and when the real economy of the united states and europe are in fact doomed and that's fair play out over the immediate weeks and months ahead now how will this play out on ordinary people then you're painting a very bleak picture but how does it affect those who think what i've got nothing to do with trading in the markets i'm just

reclaim new york city by calling in their debts they primarily want to see america so you have just leaching to be passed united states if the president can sort some control and there's still some confidence in our future economy but. inertia inability right now to give the economy a group that right now it looks like the chances of brock obama getting real like that are actually they're still better than fifty percent which would mean less markets that are concerned with investing right now they're going to feel a bit more confident if it looks like obama's chances of being real like that are slim then everyone's going to get more nervous risk and you know why do you want your ministration might act policy wise. for the turbulent markets don't justify traders of course with private investments and pension funds on the line our very own resident in new york as people there how they protect their savings. as the global economy continues to be volatile where do you feel like your money is safe best this week let's talk about that the u.s. based on the stock market are you kidding me. i'll go

british intelligence services of allegedly been violating international law for almost a decade leach top secret documents just agents were involved in the torture of prisoners held in a seize the policy was reportedly first implemented in two thousand and two in afghanistan was a big who spent three years in guantanamo and on the prisons says he himself witnessed british intelligence agents being complicit. they were physically present when i was being abused they saw my homes and my pockets while my lecture hall they saw guns pointed at me i lose subject to the sounds of women screaming i was little my wife being tortured i am completely one hundred percent sure that i would not have gone to the on time altered background had it not been for the involvement of british intelligence services i am head of an organization called page business in which we have been campaigning for people to take that charge of trial by the us we have highlighted over thirty cases that include syria egypt bangladesh morocco pakistan in which british intelligence services have been involved in or have been

. >> reporter: he and other environmental activists insist plastic bags are bad for wildlife, leach toxic chemicals and take years to decompose. another example of what was put in the textbook. plastic bags can be reused. for example to line household waste baskets. the american chemistry council issued this statement today. the purpose of our comments was to correct factual inaccuracies and present a more complete view of plastic bag's environmental attributes. according to rust, students must be give and test on the benefits of plastic shopping bags. >> if you were told list the advantages of shopping bags and if you don't get those right you get five points off. that teaches a child this is a correct answer and this is a valid point of view. >> reporter: the senator who introduced the legislation requiring that environmental principles be taught in california schools. she now asked that a change be made to the textbook. >> i'm asking the state board of education to please consider that. >> reporter: and the full list of school districts using this curriculum can be viewed at california

. >> he and will environmental activists insist plastic bags are bad for wildlife, leach toxic chemicalsears to decompose. here's another example of what was put in the textbook. "plastic bags can be reused, for example, to line household waste baskets." the american chemistry council issued this statement today, "the purpose of our comments was to correct factual inaccuracies and to present a more complete view of plastic bags' environmental attributes." according to them the students must be given a test on the benefits of plastic shopping bags. >> if you were told list the advantages of plastic shopping bags and if you don't get those right you get five points off, that teaches a child that is a correct answer and this is a valid point of view. >> the state senator introduced the 2003 legislation requiring that environmental principles be taught in california schools. she will now and that changes be made to the textbook. >> a change, it would be a minor tweak, and i'm asking the environmental protection agency and the state board of education to]i please consider that. >> and the fu

that is the only way to ensure items not leach out to be globally dumped. >> reporter: and considering to manufacture just one computer it takes 530 pounds of fossil fuels, 48 pounds of chemicals, and 1 and a half tons of water. it's hard to argue with the company's motto, repair, reuse, recycle. what you don't want to recycle is your personal information that lives on your hard drive. the federal trade commission estimates as many as 9 million americans fall victim to identity theft each year. >> it's something that's very serious because when you use the copier why, use the fax machine, typically you're faxing or copying important documents with private information on there, so this is a step any consumer should make. >> reporter: it's simple, thanks to the hard drive destroyer here. it goes in this machine. >> it's like shredding your paper document. this is shredding your hard disk, confidential data on there. >> reporter: it's recycling made painless, unless you're the hard drive. in burlingame, marla tellez, nbc bay area news. >> being on. i know where i'm going tomorrow morning.

his proposal is essentially take leaches on the bleeding, suck it up in the form of higher taxes and more spending obviously it's not working in terms of the economy and also not working politically right now. >> what's the biggest threat here? >> short-term and long term. byron york did a piece "the weekly standard." "the washington examiner." talked about saying the real issue. can't worry about the long-term problem. we have got to focus on spending. is he right but you really have to do both. you have got to focus on right now the most immediate problem is debt spending. there is no question. washington doesn't have a revenue problem. it has a spending problem. that's the issue. >> i have to also say it's probably a good political judgment in there because, when you focus on long-term entitlement, when you make that your pill issue, you -- your principle issue, a long term problem with medicare and medicaid and social security. addressing it politically is challenging. deal with the spending. start cutting into the debt but understand you better have that courage. that next presi

. >> he and other environmental activists insist plastic bags are bad for wildlife, leach toxic chemicalstake years to decompose. here's another example of what was put in the textbook. "plastic bags can be reused, for example, to line household waste baskets." the american chemistry council issued this statement today, "the purpose of our comments was to correct factual inaccuracies and to present a more complete view of plastic bags' environmental attributes." according to rust the students must be given a test on the benefits of plastic shopping bags. >> if you were told, list the advantages of plastic shopping bags and if you don't get those right you get five points off, that teaches a child that is a correct answer and this is a valid point of view. >> paisley is the state senator introduced the 2003 legislation requiring that environmental principles be taught in california schools. she will now ask that changes be made to the textbook. >> a change, it would be a minor tweak, and i'm asking the environmental protection agency and the state board of education to please consider that

rob yiin leach, champagne and caviar greens. i love these people out here.ext -- do you want an oscar? do you want an oscar? you know what, you can go to a pawnshop and get an oscar. i >>> i had a great time on my ca cameo on pawnshop. andrea canning looks at how far that phenomenon is spreading. >> reporter: on the hit show pawn stars we have seen sales on everything from swords. >> how much do you want it? >> reporter: to super bowl ring. the family has opened a pandora's box for opportunities for everyone out there looking to make some fast cash. >> 40 bucks. >> really? >> reporter: he's also seent all. he said that weird is now the new normal. got a neon clock, he'll buy it. even an urn with the ashes of a pet sold here for 50 bucks. >> i had a girl bring in the ashes of her cat. i actually gave her a loan on it. >> reporter: even this painting by serial killer john wayne gacy was up for sale. >> the last eight to ten years, there have been a lot more people who have never, ever come into a pawnshop. people need money and they know if they bring me somet

>> reporter: leach have asked her and our wolf blitzer asked her in march and all of these times she has been asked she says, no, no, not running for president and again doesn't want a second term as secretary of state. what do democrats think? owed with democrats only in this question should the president be renominated or not? 27% say he should not be renominated to lead the democrat irparty in 2012 election up from earlier this year. so some democrats a little upset right now with president barack obama. >> paul steinhauser from new hampshire, thanks. your next political update in an hour. always get all of the political news go to cnn/politics.com. >>> dick cheney says it will take cheap shots. tell you coming up. >>> warren jeffs is in a coma. we will have that story when we go cross country after the break. another good thing about geico is, they've got, like, real live people working there 24/7. so like say you need to report a claim, alright. a real person will be there to help you. then you can use geico.com to view photos of the damage, track your claim, print an estimate.

leach folks waited today to make sure the forecast is what it looks like it will be and we could be close if not in the eye of the storm. take you from here down to the beach here. jim, probably know this area and what is interesting this is actually a south-facing beach. so if irene comes straight up at us, we will get the eye wall and we could get the left side of the storm which would mean storm surge here. but it's going to be running up this, the coast this way. so it's actually going to be paralleling us. so right here you can see this building is already boarded up and they have got some sandbags down here as well. they didn't put any boards on the doors. double pane glass there. but they say they are ready here. folks i've talked to in the last few minutes have said you know what? this could be the worst hurricane this area of north carolina has experienced in decades. that is the fear right now. see right down there? the lifeguard stand? it was about 40, 30, 40 yards closer to the water. the mun workers have been here already this morning. they moved it further up the beach. they

about the strategic dynamics between the united states, and the soviet union which was growing at leached in strategic terms in china. talk a little bit if you would about how you expected the opening to china to affect the war in vietnam? >> host: one has to remember that nixon didn't start the war in vietnam. dickson and hair did the war in vietnam. when nixon ended office, there were 500 -- 545,000 americans in vietnam. and we had just gone through the tet offensive, which was a major attack by the vietnamese and we had riots in the streets in this country against the war in vietnam. at the same time, we were the country in which the security of almost every region depended, and nixon felt that even though he had not made the original commitment, he would not abandon the people who in him or her reliance premises had staked their future on corporate and with us, so nixon decided to withdraw from vietnam and to do it it in a way by which the people of south vietnam would be given the opportunity to develop, to choose their own fate. .. their strategy was by opening to china we had benef

and there is a picture in the book of designing of grant leach bliley, which was the repeal of statein is smiling and line feed and greenspan is there laughing on its olympic lovefest. and he really was the beginning of the end. there is a wonderful picture of president roosevelt singing glass-steagall into the thing nobody is smiling. everybody looks very grim and it's a deep, dark depression. we don't have that when the book, but putting that together with with such an interesting text of the vision. it absolutely had everything to do with the crisis. it allowed wall street firms to vertically integrate, to expand operations. it was part of this idea again that josh mentioned earlier that allowed them to take even more risks within this guided notion that they would never risk the bank because they were too smart to do that. and also fed into the regulatory view that regulation wasn't necessary, that regulation was an evil that bankers could be relied upon to do the right thing, could be relied upon to come up with their own capital ratios, to determine those kinds of things themse

. >> as i say, i think that rick perry is extreme leach underrated.ws how to reach out. but will he calm the markets right now, going back to our initial discussion? that's what i want right now. as an s & p investor, as a regular person who worked hard for everything i have, i want someone to preserve -- help me preserve my capital. i want the nation to get on a sound footing and i really do think that you have a collision right now between the fiscal conservatives who want debt deficit relief, as they should and the whole tea party concept, which is great, and so many unemployed and underemployed people, particularly in the minority areas. >> brian: what's coming up on your show? >> i have jose baez, the much maligned attorney for casey anthony in an exclusive. we'll get everything you ever wanted to know about casey anthony to the extent that he can tell us sunday night at 10:00 o'clock eastern time. >> gretchen: all right. we'll look forward to that. great to see you. the president wants to raise taxes and invest in new roads and bridges, but woul

there's a picture in the book of the signing of graham-leach-bliley, which was the repeal.veryone is smiling and laughing. greenspan is there clapping, it's all a big love fest. and it really was the beginning of the end. if you look, there's a wonderful picture of president roosevelt signing glass-steagall into law and nobody is smiling. everybody looking very grim, and it's the deep, dark depression, and putting those two pictures, we don't have that one in the book. putting them together with such an interesting juxtaposition. it absolutely had everybody to do with the crisis. it allowed the wall street firms to vertically integrate, to expand their operations, it was part of this idea again that josh mentioned earlier that allowed them to take even more risk with the misguided notion they could never risk the bank because they were too smart to do that. it also fed into this regulatory view that regulation wasn't necessary. regulation was a, you know, an evil that bankers could be relied upon to do the right thing, could be relied upon to come up with the own capital ra

and there is a picture in the book of designing of grant leach bliley, which was the repeal of stateis smiling and line feed and greenspan is there laughing on its olympic lovefest. and he really was the beginning of the end. there is a wonderful picture of president roosevelt singing glass-steagall into the thing nobody is smiling. everybody looks very grim and it's a deep, dark depression. we don't have that when the book, but putting that together with with such an interesting text of the vision. it absolutely had everything to do with the crisis. it allowed wall street firms to vertically integrate, to expand operations. it was part of this idea again that josh mentioned earlier that allowed them to take even more risks within this guided notion that they would never risk the bank because they were too smart to do that. and also fed into the regulatory view that regulation wasn't necessary, that regulation was an evil that bankers could be relied upon to do the right thing, could be relied upon to come up with their own capital ratios, to determine those kinds of things themselve