he ran against bloomberg. he came very close to beating bloomberg. havebill thompson seems to low name recognition with voters compared to what you would expect. het you have seen any ads, is having to reintroduce himself to voters. he is in third place now. peoplecial question that are asking is whether he is going to eventually it greater support and the black community. he is the only black candidate in the race. he is tied with bill de blasio in terms of black support. some people think he has room to grow. black voters can make up their minds at the last minute and they will ultimately go with bill thompson. it is an important question whether reverend hall charman is going to make an endorsement. sharpton isal's shar going to make an endorsement. >> let me follow-up on that point. could you give us a broad overview overview of the makeup of the democratic primary electorate? >> absolutely. one of the interesting things about this year is a lot of people are saying it is going to minority.rity- a majority of voters will be minorities. reason som

is bloomberg now becoming a parody of bloomberg. how mayor bloomberg can i be? >> i'm now for the first time going to say i think anthony weiner could be a better mayor. >> well, yeah, i don't know if you know that. because he would -- i guess you would just -- i can't ban ecigarettes because everything i do is worse. the great thing about weiner is he can't judge anybody. but somehow he still does. >> tom, a lot of people use ecigarettes to help them quit smoking. doesn't this harm his quest of a smoke free city. >> it's not tobacco, there's no tobacco in it. people use this to get off smoking. what is like -- if someone is on methadone. you're on the heroin. >> did you just travel back to the 1940s. >> there is nicotine in there and that's why people smoke it. >> not tobacco. >> it doesn't cause cancer. >> it doesn't cause heart disease. >> it's not bad for your head. >> rick, you're worrying me. it seems like you're okay with this sort of thing. >> all i know is bloomberg is running out of time to ban things. he might want to ban sexting. somebody should been

bloomberg is living on the moon.e needs to remember new york city is great today because the workers put their lives on the day as safe as it is. if you hurt police officers and firefighters, the quality of life will hurt the entire city. now, i will say that living in new york, i feel safe. i think the residents appeal the safe. and i feel embarrassed to think there is actually a mayor coming out saying, workers aren't doing enough. that's what he said this week. our obligations to them are too much. i did not hear any of that after september 11, 2001. finally he made another comparison between new york and detroit that is truly unbelievable. >> avoiding the hard troiss is how detroit went bankrupt and it is the road to ryan for any city. >> it is. it sure is. with holding money from a city, in from a state government is really sinful. this is totally disingenuous and off the mark. mayor bloomberg is the one avoiding the hard choices. the mayor has failed to renegotiate contracts with city boringers. who knows? mayb

is bloomberg now becoming a parody of bloomberg. how mayor bloomberg can i be? >> i'm now for the first time going to say i think anthony weiner could be a better mayor. >> well, yeah, i don't know if you know that. because he would -- i guess you would just -- i can't ban ecigarettes because everything i do is worse. the great thing about weiner is he can't judge anybody. but somehow he still does. >> tom, a lot of people use ecigarettes to help them quit smoking. doesn't this harm his quest of a smoke free city. >> it's not tobacco, there's no tobacco in it. people use this to get off smoking. what is like -- if someone is on methadone. you're on the heroin. >> did you just travel back to the 1940s. >> there is nicotine in there and that's why people smoke it. >> not tobacco. >> it doesn't cause cancer. >> it doesn't cause heart disease. >> it's not bad for your head. >> rick, you're worrying me. it seems like you're okay with this sort of thing. >> all i know is bloomberg is running out of time to ban things. he might want to ban sexting. somebody should been

has made now it told bloomberg news quote over the past decade very rare instances of willful violations of essays authority have been found so clearly not all of these violations were accidental but the president was right when he said that the vice the courts demanded that the n.s.a. make changes to its surveillance program in fact the guardian has a new story out today about precisely those efforts to bring the n.s.a. into compliance compliance with court orders now using new weeks from edward snowden the guardian uncovered that the n.s.a. paid millions of taxpayer dollars to technology companies like facebook yahoo google and microsoft so that these internet businesses would be in compliance with the feis a ruling but that's not the only development coming out of snowden's leaks today. in a strange turn of events british newspaper the independent came out with an exclusive story about a secret surveillance base run by the united kingdom in the middle east the article says quote the independent is not revealing the precise location of the station but information on its activities was

bloomberg tying the times i think is a bit of a stretch.is a guy who basically bought himself an election in new york, and, you know, has -- has already imposed his political will. it wouldn't fit necessarily in the same way from a business perspective as the way that the "washington post" might into amazon with bloomberg's existing properties. so i would rate my concern, koch brothers at the top, then bloomberg, and then somewhere down at the bottom guys like henry and bezos >> david: thank you both of you. i'm sure this is going to be an ongoing story. coming up, we're going to turn to drone strikes in yemen, a cue in cairo, and terror threats across the middle east. and then alex gibney joins us. this is "the war room." we'll be right back. ♪ (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. if you believe in state's rights but still support the drug war you must be high. >> "viewpoint" digs deep into t

bloomberg is a mayor with a mission. there is still a debate of whether it is a public safety mission or a nanny state mission. >> should atheist groups receive the same tax breaks that religious organizations get? the federal government think so. the u.s. government wants to give tax breaks to leading atheist groups saying that atheist leaders can be considered ministers. atheists say, we are not a church and have no interest in being considered as such. a court battle over the tax break that allows ministers of the gospel to claim part of their salary is tax free housing is being contested by freedom from religion, a madison, wisconsin based atheist organization that believes the exemptions give religious groups and unfair advantage and is unconstitutional. the government lawyers say that leaders can be ministers, too, since atheism can function as a religion. to discuss this ongoing battle i was joined by the host of the sex talk politics, and religion hour and a word member of the american atheist. i started off by a

bloomberg calculated how many people would now be dead. and the murder rate in new york city had not gone down. >> if the murder rates over the last 11 years had been the same as the previous 11 years, more than 7,300 people that are alive today would be dead. >> mayor bloomberg vows that the city will appeal. question, will the judge's ruling have a chilling affect on stop and frisk? >> for sure there is no doubt about it. i think it is one of the more unfortunate decisions of the courts. look you have no idea how dangerous new york was, you know, at the turn of the century. there were 2,400 murders and a lot of violent crimes. it is now down to about 250, 260 murders. that kind of drop in crime and violent crime has spread throughout the entire range of criminal activity. it has made the city the safest big city in the world. it's transformed the city, attracting tourists, investments. that's all going to change and he's right. the vast number of people who were affected by this were, in fact, blacks and hispanics, over 90% of them. >> t

for having me on so before we get to the ruling let's talk about the program according to mayor bloomberg and commissioner kelly this was the result of the forty year crime drop. did it work that was this the program's doing the drop in crime in america certainly didn't relate to the spike in the profiling was in two thousand and nine and that's well after the reduction in crime in new york aside from whether or not it work what we learned today from the judicial decision is that it was a profound abuse of the constitutional rights of new yorkers in multiple dimensions their fourth amendment rights to be free from unreasonable searches and seizures the fourteenth amendment right against racial profiling and racial discrimination and were both abused wantonly by the new york city police department for years no doubt and can you break out some statistics that all of the percentage of minorities that were actually stopped in the areas that other people out. it's striking that in new york city something on the order of eighty four percent of the stops were african-americans and latinos despit

how do you respond to mayor bloomberg on that one?first of all, he's wrongen an so is the commissioner. we've been talking about black on black crime many years, the same kind of concern. our concern is the president said it, the attorney general said it, trayvon martin said it. we have to have a fair system. race is profiling of blacks because they're blacking is unreasonable. and what we're going to be talking about in washington this weekend with the congressional black caucus is that very issue. trayvon martin, racial profiling. what are we going to do in our communities to make them safer. i think now is the time for everybody to understand that we have to have this conversation about race. conversation bush administration racial profiling and make it all americans, not black, not white, not brown, not yellow americans. everybody has to have a conversation about race, racial profiling and see if we can put it to an end. >> congresswoman and professor, thank you to both of you. coming up, to aid or not to aid you? we'll go live to

parts new york city before bloomberg and after bloomberg. quite a transformation.eenwriter of "game change" and "recount," danny strong will join us to success a wildly successful new film "the butler." we'll ask what it was like to work with oprah and forest whitaker. first, here's bill. you don't want to ask me what it's like to work with this guy. bill. >> or vice versa. let's talk about what happened over the weekend. we had a lot of flooding. cold, cloudy, miserable weather in the southeast. the bigger story was the southwest. brutally hot. one of the fires out there erupted and exploded. this is the beaver creek fire. this is rural, rugged terrain. it's kind of sporadic. it covered 100,000 acres. it's a huge area. there is over 1,000 firefighters on the ground trying to fight this one. it's been a beast so far. ten helicopters and 100 engins. thousands evacuates. it's in rural terrain. but, i mean, just a very difficult fire to fight. especially with the forecast today. to 95 and sunny. some gusty winds late in the afternoon. now, the southeast, i mean, the e

. >> consejo de nueva york que aprobÓ el veto de la ciudad de michael bloomberg sobre dos medidas desar a los residentes se recibieron con mucho alivio. >> se nombrarÁ un inspector general independiente para monitorear al departamento de policÍa y se extenderÁ el derecho de la ciudadanÍa a demandar a la ciudad por acciones basadas en el perfil racial, a nicolÁs a lo detuvieron cuatro veces en un lapso de seis meses al salir del trabajo. >> se lo he dicho muchas veces como okay, me hizo algo malo no protesto no hago nado pero cuando no hago algo malo es un poco incomodo. >> a josÉ lo detuvieron 20 veces en un aÑo. >> le toca a uno las partes Íntimas y los paran donde quiera como una vez me paran en macy's y uno viene de trabajar solo por la noche. >> casos como estos llevaron al concejo municipal a votar para anular el ve lo el alcalde bloomberg habÍa aplicado en dos medidas comparar o revisar. >> you... . >> votÓ en esta prÁctica policial. >> todos queremos un nueva york seguro si alguien tiene una pistola todavÍa tienen derecho de usar el (en inglÉs) no prohibe, lo que prohibe es la

the city government needs to respond and has not particularly in the last bloomberg term sfloorl bloombergo counter this is the free market at work. some people make loads of money, others of us don't do so well. tough. >> that's what bloomberg thinks. >> it's not just mr. blook boom berg. that's the free market capitalist view. >> that's why we have a tale of two cities in new york where 46% according to a new york city 46% at or near the poverty level at 1509% of poverty or less. this is not sustainable for the long-term. this is not the new york city we all signed up for. the city government is in a position to take bold steps to help bring up wages and benefits, help support the fast food workers, living wage regulation and paid sick days. take subsidies away from big companies, get them to small business and to the city universities. >> intervention basically. >> we have the tools in new york city to do it and need to use them now. >> another question that's been at issue here is the stop and frisk policy. >> yes. >> as you know, this is disproportionately affected african-american la

give me a feel for what bloomberg' popularity is like in new york right now. he's gone from wavering popularity, but i know democrats in new york who actually like bloomberg and on balance he's a good mayor. why is it that she can be so close to someone who has won three times. >> i'm not going to judge the company you keep, but i'm going to go out on a limb and saying they're white and doing well financially. >> michael: i would say on balance you're right. >> so here's the long and short of it in terms of bloomberg's popularity. this explains it. when he ran for his last term he outspent his opponent 10-1. $100 million--whatever $100 million. >> michael: even you could do that one. >> i could, but he still only ended up winning b 4.5 points. that tells you what new yorkers think about him. no one knew who the other guy was, he could not get his name out there. president obama did not campaign for the other candidate because it was considered so unlikely he would have a shot to winning, and he almost beat the mayor. that says how large swath of new yorkers fe

i stayed on top of mayor bloomberg. i stayed on top of the person he had in charge, the budget director of the city of new york and pressured and posted them. the contract had expanded in scope, as you well know, which led to the escalation. could i have done more? absolutely. could the mayor have done more? definitely. could the city council in providing supervision do more? a lot of things could have been done and were not. you not -- >> your point was made. mr. albanese. >> my question is for bill de blasio staffers tweeted out "kill the police." accurate right there. >> let me finish my question. decision butght you employ those staffers? yes or no? you have given and inaccurate question and i will not give you a question -- an answer based on that. i have worked closely with the nypd for 20 plus years and i officershe nypd, many and precinct commanders are looking forward to a day where we can bring police and community back together. i have heard from so many commanders off record that the stop and frisk air and t

testimony from when it suits you say they were targeted because of their race alone and while mayor bloomberg and white p.d. commissioner kelly both tell the program as being the reason crime is in a forty year low in the city others argue that it's nothing more than a racial profiling scheme designed to criminalize new york's minority populations so does really mean the program will stop to discuss this more in depth i'm joined by shah had but tar executive director of the bill of rights defense committee thank you so much for coming on thanks for having me on or so before we get to the ruling let's talk about the program according to mayor bloomberg and commissioner kelly this was the result of the forty year crime drop. did it work that was this the program's doing the drop in crime in america but it certainly didn't relate to the spike in the profiling was in two thousand and nine and that's well after the reduction in crime in new york aside from whether or not it worked what we learned today from the judicial decision is that it was a profound abuse of the constitutional rights of new y

warning from mayor michael bloomberg to his successor reverberate around the city.and healthcare cost for city workers contributed to the detroit financial ruin threaten new york's economic stability. most new york city employees and retirees pay nothing for $6.3 billion in annual health insurance. workers pay little for pensions that have taxpayers on the hook for $8 billion this year. >> new york city has right now 10,000 police officers, retired, who under 40 and collecting pensions and they will technically collect the pensions for the rest of their lives. >> contracts for almost all 300,000 city workers expired three years ago. the next mayor will be under pressure. to win concessions. >> the unions have tried to wait it out. they don't want to negotiate request mayor bloomberg because he is a tough businessman. >> many new yorkers remember 1975 when the city almost went broke after president ford said no to a bail-out. since then, a state financial control board oversees the city budget. the editor of the chief, a newspaper for the city workers calls bloomberg

. >> mayor michael bloomberg.ypd stop and frisk program violates the constitutional rights of minorities. a judge ruled monday that stop and frisk amounted to indirect racial profiling. she appointed a federal monitor o oversee the program and ordered police officers in certain precincts to wear body cameras for a year. all right. what are the practical implications of this for policing? >> well, let's put a couple of facts on the table ahead of this. one is an informal fact. anyone who comes to new york understands that it's a totally safe city. it's remarkable that a city of this size could be so safe. new york has the lowest rate since the early 1960s. in large part because of this policy which mayor mike bloomberg has had to fight to support for the entire last four years. he's been completely behind commissioner ray kelly against this opposition. now you had the judge's decision. we're having a mayoral election in the fall. mike bloomberg won't be there anymore. i think the practical effect, paul is that the

it is the key element of mayor bloomberg's law enforcement legacy. we are going to hear from him live any moment. redrawing the lines in the drug war. attorney general, eric holder, will talk about his plans for low level non-violent drug offenders. we are going to bring you that announcement and what this shift in policy means for the criminal justice system as well. good day to you, i'm peter alexander in for an dree that mitchell. we are going to hear from mayor bloomberg and get his reaction of the judge's ruling. we want to get to pete williams joining us from the news room. a judge made the ruling on the controversial stop and frisk tactics. what exactly was that ruling? what did we learn today? >> she's not ordered the city to stop doing the program. she ordered them to change how they do it. she said it's racially profiling the people they stop. the majority of the folks they stop are either latino or african-american. she says it's simply racial profiling. it's over representing people and you can't do that. it's not looking at suspicious pa

i could not agree more with mayor bloomberg. in my business, something called target marketing, where if you know people who are 60 plus and they're white and they're coffee drinkers you focus your advertising in that direction. we call it a good use of resources. that's called efficiency and smart and that's what this is. if somebody said to me, guys wearing glasses were most likely to be terrorists and you stop me in an airport, profiled me and going to make me feel safer i'm okay with it. i think most new yorkers are okay with it. it's a grownup decision, big boy decision, and that's the reality. i think the irony of this whole thing is that they're saving the lives of african-americans and hispanics because that is also the hugest part of the victims in this crimes. so look, call me now a conservative, i just -- as a dad, i like that. i have no problem. >> gene, i'm always struck when i talk to liberals and i first started new york liberals, i first noted this in the 1990s, i was talking to one of the top democratic leaders

mike bloomberg won't be there anymore. think the effect is police are going to step back a little bit on stop-and-frisk until this is resolve and if a democrat wins, they're ghoingt to appeal, which i think has no chance of surviving on an appeal. >> bloomberg is going to appeal it and it could go to the supreme court. but if a democrat is elected, none of them will appeal. >> it could have a chilling effect on other police departments around the country. this could have reverberations outside of new york, which would be a shame. the problem here is the focus is on police behavior instead of black behavior and that's where the focus should be. you know blacks make up about 23% of new york's population but they're involved in 80% of the shootings. dan mentioned the homicide rates in the city over the years. we're talking in the early 1990s, 2,000-plus a year. last year, 400. i mean what we're talking about here is a policy that has helped save black lives. most of this crime is black on black-crime. heather mcdonald of the

also seem that this has implications for bloomberg political legacy right his last act as a mayor seems to be trying to resist the effort to restore accountability to the n.y.p.d. the judge's decision takes it out of his hands and is a final repudiation by an impartial arbiter that no this is not in fact ok you still have to protect and serve and even if you are going to claim law enforcement effectiveness or if you are going to claim a reduction in crime it has to still comply with the constitution and i think this is very important in terms of resetting the record despite it having been contrived and distorted by people like ray kelly and michael bloomberg it just seems like in light of all their greed is overreach of the n.y.p.d. they're still trying to grasp at straws and still defend this program we're just so obviously wrong thank you so much for coming on breaking down where it stands and where we can go ahead retire bill of rights defense committee appreciate your time they stop me on. i. as the police force across the country becomes more militarized don with new toys it seems

mayor bloomberg is saying the one of the keys to their success is their policy of stop and frisk. but what he calls good policing, other people are calling racial profiling, and those people today won a big legal victory. mayor michael bloomberg says the city of new york has become the poster child for fighting crime. >> today we have fewer guns, fewer shootings, and fewer homicides. >> reporter: but today a federal judge called the nypd's policy of stop, question and frisk unconstitutional. the practice allowed police officers to stop and search anyone acting suspiciously. in a nearly 200-page decision the judge said the city adopted a policy of indirect racial profiling. those who are routinely subjected to stops are overwhelmingly people of color, and they are justifiably troubled to be singled out. statistics presented in court showed that between 2004 and 2012 there were 4.43 million stops. 52% were black suspects. 31% were hispanics. but the city argued during the trial that those numbers are a reflection of crime statistics, not racial profiling. >> we do not engage in raci

. >>> new york mayor michael bloomberg vows to fight the city's stop and frisk policy. >>> and is it a reality or just a pipe dream? a billionaire innovator unveils his plans to zip travelers from l.a. to san francisco in under an hour. this is the "cbs morning news" an hour. this is the "cbs morning news" for tuesday, august 13th. captioning funded by cbs >>> good morning, good to be with you. i'm anne-marie green. 83-year-old boston mob boss whitey bulger is to be sentenced november 13th after being convicted for 11 murders and dozens of other crimes many of them while he was an fbi informant. the verdict came nearly two years after bulger was captured living in california, after spending 16 years on the run. jericka duncan reports. >> reporter: a police escort whivnged away james "whitey" bulger after a jurisdiction found him guilty of 11 counts of murder and a slew of racketeering charges. the verdict came as no surprise to the 83-year-old. >> mr. bulger knew, as soon as he was rested, that he was going to die behind the walls of a prison. >> reporter: the jury deliberated five d

i don't represent bloomberg lp or michael bloomberg in any way. there have been reports that he has been interested in buying a big newspaper such as the "new york times." theynewspapers, these days tend to attract people with deep pockets. it requires a lot of money to keep them going or keep them funding into the future. >> the reality is that the future business model for a newspaper company is somewhat uncertain. advertising revenues continue to decline for some seven years. with profitability uncertain, future consumer habits unknown. we don't know what the next product will be to disrupt the way people get and give information. six or seven years ago, if we had talked about the iphone, we would not have known what that was. laptops were three years old. if you're going to buy a newspaper, you are not buying it for the business, dollars and cents. you are buying it a sense of civic responsibility. , tohe best or worst case help your friends and punish your enemies. these tend to be things that people who have made money elsewhere, and who hav

mayor bloomberg plans to address the ruling today. of criminal regulations that appear to have severe and in

. >>> also planning an appeal, new york city michael bloomberg. this after a federal judge struck down the city's stop and frisk policy. the judge likened the controversial practice to, quote, indirect racial profiling with a blatant disregard for civil liberties. new york city police commissioner ray kelly immediately dismissed any notion that people are stopped based solely on the color of their skin. mayor bloomberg says new yorkers will not see a revised procedure overnight. an independent monitor has been appointed to oversee major changes. >>> new revelations from anthony weiner in a wide-ranging interview with buzz feed. the new york city mayoral candidate suggests his wife would work on hillary clinton's 2016 campaign, though he wouldn't say what her role would be. weiner admitted his sexting scandals have hurt his wife's career. >> it's hurt her professionally, it's hurt her professionally. she's gotten roughed up and it's been completely unfair in my view. >> he still sees a therapist from time to time and despite plummeting polls and wh

bloomberg vowing to appeal after a judge ruled the stop and frisk policy to be unconstitutional. the judge called it a policy of indirect racial profiling that demonstrated a widespread disregard for the fourth amendment. backers say stop and frisk has been instrumental in slashing new york's crime rate. even saving the lives of thousands of young african-american and hispanic men, the very people the practice is accused of targeting. >> we want to match the stops to where the reports of crime are. i don't think there's any question that one of the problems we have in our society today is that victims and perpetrators of crime are disportionately young minority men. that's just a fact. we go to where the reports of crime are. those, unfortunately, happen to be poor neighborhoods and minority neighborhoods. >> in spite of the ruling, mayor bloomberg says there will be no change in tactics overnight. >>> want to quickly stick with new york for a minute. anthony weiner back in the news. the former congressman has certainly -- can't really avoid it -- exposed a lot of himself over th

he backed bloomberg four years ago.00 a year with a tax hike. he's been critical of mayor michael bloomberg's tenure, that plays well in a democratic primary. this guilded city for the few as opposed to a new york of opportunity for the many, for the old. >> howard wolfson, new york's deputy mayor criticized the vision de blasio was offering and said this, he has a very 1960s, 1970s vision for the city. if you prefer the version of the city that existed then, he's your guy. wolfson said he's focused on higher taxes, bigger government and more mandates in government. it brings to my mind the out of towners with jack lemmon. it sticks out in my mind where this businessman from ohio ends up sleeping in central park. new york was a different place then. >> you would not feel comfortable because the crime industries, the drugs in the streets, all the things that were defining new york at that time. over time things have devolved to a place where particularly under this administration people feel like there's an attempt to cr

peter, is mayor bloomberg, is he disconnected, or indifferent? >> well, i think -- i mean, maybe he's both. with mayor bloomberg, you know, he really seems to think that the best solution to any problem is -- that new york government and for him to come in and order some sort of incredibly invasive action. and whether that's the fingerprinting-he said people want more policing in unsafe environments. that's probably true. but they don't look for things, they're not looking for invasive policing. they're looking for the kind of policing that works. hot spot policing, things like that. the kind of policing where the policemen are neighbors, you know, part of the neighborhood, part of the community. that's not what he's saying here. what he's proposing is in fact incredibly invase itch. and something that people are going to react negatively to. you said already minorities have a negative opinion of mayor bloomberg. this is one of the reasons why. >> i guess also when you're not running for reelection, it makes it easy, too. brain trust is going to

that's not true of michael bloomberg. a small, amazingly revealing moment, he, quote, conceded to "the new yorker," "if i had a son no was stopped, i might feel differently about it." joining me, ben jealous of the naacp. you heard ray kelly and michael bloomberg saying the big gun seizure was thanks partly to stop and frisk. why are you standing in the way of the effective gun control measure done in new york city to make the streets safer here? >> well, because quite frankly, effective police work focused on behavior is what gets guns off the street. stop and frisk doesn't. you know, in 2011, we had about 700,000 stop and frisks in the city. 680,000. and they pulled about 700 guns off the street. that means that 99.9% of the stop and frisks didn't yield any guns. if you want to get 700 guns off the street, well, you can do it through a big seizure like they did today or do it by an effective gun buyback program. and either way, you would be much more effective than the amount of hours it takes, if you can imagine, to do

when it surfaced that bloomberg reporters were skimming personal data from bloomberg prominent clients the firm claims they fix the problems two years ago however ever and you have an independent firm has revealed otherwise and that would be independent firm was none other than tory financial group yes the very firm that signed off on the most global's risk controls just before john corazon blew up the firm with customer money apparently antiquated excel spreadsheets and human memory were good enough for a problem tory then imagine what passes for now and switching gears yesterday the fed released its last minute meeting but it's just more of the same and maybe that will taper maneuvering in the evening and there is however more relevant news that's flying under the radar they've appealed a ruling asking them to lower a transaction fee every time we swipe our debit card unfortunately these lower transaction fees have already been passed on to consumers so later i talked to both ben's. we'll and larry williams about our global markets and up next just be in charge of what's called the c

we continue the conversation with phil mattingly, who covers bloomberg news. what news did he make today? >> i was interested to hear him talk about the gun legislation that failed on the floor in april. obama and other leading democrats believed it is round one. it's sort of dropped from the radar as immigration came back up.today we heard from the chairman of the judiciary committee,he does not think it is going to come back. that has now closed. it was interesting to me that he seemed to indicate that michael bloomberg may be heard the debate more than he held.-- maybe heard the debate more than he helped the debate. more than heebate helped the debate. he put out ads that were very challenging to conservative democrats. it seems that way he was saying they might have put it forward. >> sometimes these are helping and sometimes hurting. >> they have been pretty clear. they are willing to go after anybody whether they are republicans or democrats. they are concerned that it might cost them seats in the election. if that's the case, instead of losing a conser