higher in mexico an in brazil. brazil is in the teens, granted it's improved. it went up, obviously the climate has been going back down. but as it peaked towards 19% where mexico is in the mid 20s. and mexico has grown less. i think the discussion that's santiago put on the table in terms of informality from formal employment gains, you got the bulk of family in terms of consumer demand. but you also have real formal employment gains under the macrostability and more of a vie bran si there and a decline in inrmality and the deepening of capital markets in brazil. which in terms of fixed income are much less than mexico. but brazil benefits from these things today. question, if they don't pursue more of of the some of reforms of brazil, lower the tax base which is extremely high, how their growth rate could slow. so it's a matter of timing. >> so it's better than to be late than never. >> their benefiting from something now that mexico may have benefited from before. >> uh-huh. and that's why per capita income is higher in mexico than in brazil. >> yes. >> but

mexico and brazil. you see that as something that would increase the export -- mexico's export by its economy on the u.s.? thanks. >> the hot issue here in the u.s. as it relates to mexico, although we tend to come back is undocumented from the illegal aliens currently wish to use. and my question with economic stand point is especially remit than and going down. when we talk about economic use. does that create a bit of a brain drain and steel workers are leaving mexico for the u.s.? >> go ahead. >> i would like to understand that it would be like coming out of the next one. what would they -- be the main source? >> okay. the issue of activity gains and the saves, it may reduce employment. this is not an mexican issue. this is an issue that is global and still employment has been growing, thus in china, it's also -- you had this major increase in employment and there has been an enormous increase in productivity. i don't think that the fact that manufacturing employment does not grow that much in a ser

guaranteeing $2 billion in loans so brazil can drill offshore there. gary b., shouldn't we do the drilling right here? >> i tell you what, brenda, this latest iteration is starting to make cash for clunkers look like a great idea because this is stupidity times ten. look, we have the technology, we have the resources, we want to have energy independence, whatever the heck that is. we have oil companies willing to drill. all they need is a clear path. obama is saying no, you can't do it here, bowing to political pressure, but i'm going to take taxpayer money and give it to brazil to do. i just -- there is no-par amter which i understand this argument. brenda: ok, julia. why don't you help us? why don't you inform the complainers here. >> ok, complainer, here we go. do we want to give our tax dollars to countries that are our frenemies such as saudi arabia to continue supplying gas to us or oil when we can do it with a country that is actually a friend? and frankly when our only other option in the southern hemisphere is mr. chavez, it really -- why woul

and the second is brazil. in both cases you've had significant stimulus but then when you look at what's happening in the private sector, korea, for example, you see very high business confidence, very high consumer confidence, even at precrisis levels. brazil you see retail sales are back at precrisis levels. so we think that in these cases -- of course they've been hit by the global slowdown as they're integrated in the global economy. but the domestic demand components have been important. and particularly in brazil's case the banks haven't been stuffed with all these toxic assets like many other banks in the world. so you're able to see more lending, which of course is the impetus for the private sector growth that we expect. >> do you agree with that, hayes? >> yeah, these transitions from export-oriented to domestic are very long-term in nature. and there's just no way that these economies can switch from ex-port-oriented growth to domestic growth on a dime like this. so it appears to me as though the ho

was in brazil recently. mexico's exports and diversifying its economy. >> one more question. >> this is a hot-button issue in the u.s. as relates to mexico. the undocumented migrants or eagles, whichever term you want to use, -- the undocumented migrants or illegals. does that create a bit of a brain drain, manpower, if skilled workers are leaving mexico for the u.s.? >> one more. >> the main point. >> do you want to start us? >> ok. the issue of productivity gains, it may reduce employment. this is not a mexican issue. this is an issue that is global, and still, employment is growing. in china, you have this major increase in employment, and there has been an enormous increase in productivity. i do not think that the fact that manufacturing does not grow that much is a serious problem in terms of mexico's growth. mexico will have to increase its total productivity. this is really the issue. the question is not so much it is important, technology. it is more a question of the productivity increase. i do not

oil exploration in brazil. your tax dollars going to brazil for drilling that could be done here in the u.s. last yearer, obama called offshore drilling, quote, a gimmick. does he have an handle on how to solve the energy crisis? we have dave here from the energy foundation and i want to tell you, first of all, thanks for being here. can you imagine if george w. bush loaned $2 billion to a brazilian oil company in the middle of a recession? people would be up in arms. what is he doing? >> right. what is he doing? what is going on in d.c. right now? we're lending billions of dollars to a state oil company when we have private oil companies in the u.s. dying to get access to our own oil in our own offshore reserves. it's crazy. eric: so we're going to loan $2 billion -- i think i have a full screen up here. i asked them to put together a full screen. here's who we are loaning $2 billion to, the brazilian oil company, market value of $188 billion, $120 billion in sales , and get this one, the 7th most profitable c

it is time for mexico and brazil to get together.nprofitable competition between mexico and brazil, because they see mexico as the only country that may constrain the sense of being the important country, in latin america. they are starting to cooperate with a positive piece of news. this certainly will be good for both countries and the region. >> the blend of these, these two questions is not clear, what kind of reform the government is planning to put on this. there are discussions in the press, and the political parties, and i think that this is a signal that has been sent so far. this will be a mixture on the revenue side, and when you are talking about addressing these issues with gasoline and diesel subsidies, hackling that is certainly going to put this publicly on the table and the question of how you deal with closing a loophole, with the syntax and what have you, but also the government is considering addressing the issue of competition. they are dealing with the medium term growth. destabilization funding, and the rules g

that brazil buy f-18 fighter. international weapons sales are not just but bringing home dollars and jobs. they help shape security relationships that span connect decades. india's relationship with russia, is a key factor driving new delhi to turn toward washington. but the system is in need of reform. obama administration seems to want to re-engineer it and while still keeping u.s. systems from those who shouldn't have them and do so in a manner that gains kregsal support. thank you for joining us, i'll be back next sunday morning at 11:00. have a great week. fios tv, internet and phone for just $79.99 a month. oh, all right, see... you're just moving your fingers aren't you? i've gotta cut my nails. (announcer) now get three amazing fios services for the price of two. tv, internet, and phone for only... plus a free multi-room dvr for three months. record shows in one room- watch in another. call the verizon center for customers with disabilities at 800.974.6006 tty/v before september 19th. and get fios tv - ran

but brazil has stumbled with no clear growth expected until 2010; and as for russia - over reliant on high commodity prices it now risks the spectre of high inflation and high unemployment. and the bric fault lines don't only concern numbers. for its members are fierce competitors and serious mistrust abounds - which is a barrier to enhancing trade and economic cooperation. >>zweig: well the chinese don't trust the indians at all. the indians don't trust the chinese. the 1962 border war seared, forever seared, the brains of indian policy makers. brazilian businessmen complain, over the last couple of years that china came - hu jintao the leader of china visited - promised all kinds of money, left - and then everybody said, where's the money? >>reporter: it's one of those strange historical quirks that now, with their economies so interdependent, china can cooperate easier with america than with its neighbours. as for russia, it does little to garner confidence. the government appears hostile to capital while its military posture is aggressive - as if confidentthat the volatile great b

we've seen brazil pickup on the beans to make u.s. and brazil even up. by corn, u.s. is far and -- >> do you have a dollar if i go ?iewr. >> absolutely. we recognize when the dollar made its top, commodities made its bottom. when the commodities make the top, -- china still the price driver still continues to stockpile. i look at it instead of being the four bricks, i look at the brax, brazil, russia, australia, canada, china, commodity countries. that's where the emerging marketing -- markets are foe cushion. that's where the world investors is -- investor is going. >> thank you trevan vr -- thank you very much for being here. we'll be back with more "u.s. farm report" in a moment. >>> trying to locate new or used equipment? my machinery.com has the largest listing of classifieds anywhere on the web. whatever you're searching for, you can find it on my machinery.com. >>> welcome back to "u.s. farm report". we'll start you off with a look at the latest drought monitor. there's a couple of areas to note. we continue to see extremely dry conditions in southern texas. we

brazil is following my lead. every day i give up my seat to obese people to make room for them on the subways. granted they are pregnant but obese is obese. >> greg: the u.s. shouldn't adopt similar policies. >> and they shouldn't paint the chair blue. you're right. why not just have a long bench. why should everyone have an individual seat when you just sort of sitting there. >> greg: with healthcare becoming so important, asking the experts say if everything is delegate to cost money then obese people should be paying more for the health insurance. >> some airlines are already starting to do this. we talked about this. >> greg: have we really, bill? >> we have. >> greg: i don't believe that we have. >> get the whyky out of the coffee. >> greg: how do you measure the awesomeness of america. you are close, nye friends who are close. i'm talking about the big mack index created by the econ mist magazine. it shows how many minutes a worker has to spend on the job to earn enough for the couple showers sandwich. amer

brazil imports more -- brazil, in the nineteenth century, the brazilian amazon was the primary supplier of all the world's latex, basically supplied the latex for the nineteenth century industrial revolution and it was all tapped mostly by independent, impoverished, debt ridden -- in the chain of the kind of houses in the nineteenth century, along that process that i talked about in terms of jungle growth. by 1910/1911/1912, seeds that had already been taken out of the amazon a few decades earlier, the botanical garden in london, and send to what is now sri lanka and southeast asia, and ceded the beginnings of the plantation economy. that begins to come on line in 1910, 1911, 1912, white south the rubber economy. ford's venture into the amazon was also a venture into a region that had this enormous rubber bubble, produced -- the cities we have seen that we talked about that keeps those, built on the profits of robert, often called tropical parises. and classical buildings, that collapses by 1910. ford's coming to the amazon is celebrated by many brazilians and has the potential of reviv

i think fundamentally brazil has a good picture.plugs well into the global economic picture and has a lot of things the world will want, particularly a world which is perhaps less focused on finance and more focused on basic materials. then i supposed one looks beyond that as much the same sort of story. and i supposed one people neglect a lot of time is argentina. yes, there are well known problems there in respect is more inflation in argentina than most of the rest of the continental. but fundamentally, it has much of the same back drop as brazil and chile. mexico i have my doubts about. >> mexico was going be my next question. guests we have had on this morning pointed out that mexico had problems with the swine flu. also, in fact, guests this morning telling us that they believe one of the mexico's biggest problems is that they're neighbors with the u.s. and he heavily dependent on the u.s. are they going to be in a position to get over that relationship and be able to stand up in their own right? >> i suppose the proper compar

bret: how do you say drill baby drill in brazil? >> it's a p.r. issue. it doesn't look good.out the american public. the american public is in favor of offshore drilling, particularly in virginia where i live. bret: that's it for the panel. stay tuned for the fact checking on the democrat democrats' healthcare reform bills. . for all the moments that make every day special. fancy feast introduces an entirely new way to celebrate any moment. fancy feast appetizers. simple high quality ingredients like wild alaskan salmon, white meat chicken, or seabass and shrimp in a delicate broth, prepared without by-products or fillers. new fancy feast appetizers. celebrate the moment. bret: finally tonight, we have seen many groups trying to fact check. what is truth? here is the latest effort. >> myth, under a government plan, critical decisions will be made by so-called death panels. fact, in reality, critical health-care decisions will be made by an all-star panel including jack lemmon and charles nelson reilly. -- jack flagmen --ç klugman. -- jack flagmen --ç klugman.

we'll break it down with donna brazile and ed gillespie. "state of the union" sound of sunday for august 9th. >> a dramatic statement this sunday from the senate's number two democrat, president obama says the so-called public insurance option is essential to health care reform. dick durbin tells us that if the votes are not there, democrats might have to at least temporarily scale back their goals. >> i support a public option, but yes i am open. just understand that after we pass this bill, and i hope we do in the senate, it will go to conference committee, we'll have a chance to work out all of our differences. so we'll see how this ends, but i don't want the process to be filibustered to failure. >> some democrats report town halls back home are being disrupted, but the senate's top republicans says those complaints are proof to him that democrats are nervous. >> to demonize citizens who are energetic about this strikes me as demonstrating a kind of weakness in your position. in other words, you want to change the subject. you'd rather

i would contrast it to brazil and china. both of where i have been to recently. it's much more evident that the similar us plan has gone to work in those countries than year. a little harder to find. with a piece of that and the other programs they're at least thinking of the exit strategy. i just don't think we have a lot of clarity of where it comes from here. >> we need more detail. you're just back from brazil. you met with government officials and corporate leaders there. how does the economy feel to you? this is one of the so-called brick countries, brazil, obviously russia and china. >> the first observation i had, they're leaving the economic downturn in the rearview mirror. they are already poised for good growth in '10. like you just cited in warren's piece, their fiscal deficit is percentage gdp is nowhere near where ours is right now. they're not going to have the problem down the road. do they have some social issues to deal with? yes. but their economies seemed to me already up and running. very poised for more growth. and i think their experience o

i guess i would say my number one country in the world for investment is brazil.have a very significant real estate presence in brazil. and it's growing. our enthusiasm for brazil is one. it's elective. it's leftist, and we like them. two, it's got 180 million people so it has scale. three, it's energy self-sufficient. four, it's commodity self-sufficient. and they have an educated and trained work force. >> let me switch gears, sam, you are a man that wears many hats, one of them head of tribune. i know you probably hate this subject. you said it was a mistake when you did the deal after. we know the company filed for chapter 11 in december. where does that stand? what can you tell us? >> i think the company filed in december. i think it's going to turn out that it being the first to file is going to be an enormous advantage for it in the future because it will solve its problems without destroying itself in the process. we're obviously in the bankruptcy court. no plan has been put forward yet although everybody is working on one. and i suspect that some time bet

. >>> a continental flight from brazil to houston hit severe turbulence over the dominican republican. it was so strong it through the flight attendants up against the roof. >>> investigators are trying to find out who torched part of a high school football field in frederick county. authorities say the area on the brand-new turf has suffered about $75,000 in damage. >>> also, a foul ruling. >> most people would do the same. >> a police officer to get this

the game took place in the southern part of brazil, where most of brazil's swine flu cases had been reported. nearly 200 people have died in that country from the disease. >> translator: we've several people die, including mothers and babies. it's a sad situation. we will continue to support measures like the one today. >> on saturday in ecuador, the health ministers of ten south american countries met to ensure the fair distribution of the swine flu vaccine. they announced they would work together to buy the vaccine in an effort to prevent being overcharged. >> translator: the latin american governments want to prevent those with a commercial interest of taking advantage of the uncertainty caused by the pandemic. the medicine and supplies needed to deal with the pandemic must be available to all. >> also this week in costa rica, swine flu struck what may be its highest profile victim. on tuesday it was announced that the costa rican president and nobel peace prize winner, oscar ari arias, has fallen ill from the disease. >> translator: after suffering from a headache, sore throat and a feve

brazil. brazilian utilities.here i found not just one but two stocks that i believe are worth owning for high yielding international exposure right now. regardless of what happens to the brazilian economy, this quickly developing nation is going to need a lot of power. that makes brazilian utilities the stable source of revenue and cash. allowing you to pay solid dividends. that's what we want. at the same time having more growth than any american utility i can find including dominion, con ed, including exelon. plus, they're linked to brazilian fundamentals. a weaker dollar means a stronger brazilian currency which means higher praises for brazilian adrs because of the currency translation. how about layman's terms? even if business is only so-so for these brazilian things i'll highlight, as long as the dollar keeps getting weaker, these companies could go higher. the utility business may not be as exciting as carnivale, but it sure makes you a whole lot more money. you get the point. there's a belief among inves

steel output in europe, brazil, asia, going up for example. more importantly, steel outputs now increasing in europe and you need iron ore to make steel unless you're from new corps which they use scrap. the high quality iron ore that they need is what vale supplies. the big comeback in europe i think is what no one is expecting right now would be gigantic. europe made of 25% of the volume for vale. it had dwindled to just 7% in the first half of this year. i think any decline in chinese steel production will be offset by steel makers in brazil and europe which should allow iron ore prices to stay firm in 2010. frankly i think it will do better than that. he also sees nickel prices going higher, and no one seems to care about that at all, even as it could give the earnings some icing on the cake. morgan stanley sees vale as not being richly valued, but it's underperformed the brazilian market by 26% and underperformed the average brazilian steel stock by 46% so far this year. believe me, i would be flying down to rio to see what the heck is go

we thi brazil still has great upside >> and it's had really nice move onhat stock. what'sour target on it? >> think you see another 15% from here. >> let's move to the nt o, n.y. what's the story there? >> this is a mortgagereit, ver conservative management, ty invest in triple-a govnment mortgage paper and the they le the money ou credit sprea are great. it yield14%. weave a $22 target. 's a very, very well run business. >> moving along, a convertible bond iexe.t.f. c.w.b. on the new york stock exchae. what's the attractn? >> the attractionere is y can have your cake and eat it too, if the marks continue to do well you get a convertible kicker intequity and i think you probablhave another 10% upde to this index. it's also an index that's very hard for people to buy individualonds in. >> whave 45 seconds left. can you te us about your last pick? s.h. -- an e.t.f. for the s 500 index. >> this is e opposite way that the s&p works. ownt personally. own it in the firm. if you're concerned abo the market, it's a good way start to takmoney off t ble withoucreating short-t

the colombian president has received a report from brazil. this came after a meeting between the two leaders. the american film director john hughes has died at the age of 59. he first became known for "the breakfast club" and wrote to the family movie "home alone." he suffered a heart attack in new york. south africa must put more pressure on zimbabwe to implement political and economic reforms. that is the tough message of u.s. secretary of state hillary clinton. she wants action to try to force the president of zimbabwe to the plight with a power- sharing deal that he made with his rival. he has been telling me more about what clinton hopes to achieve on zimbabwe. >> it will be high on her agenda. she is not actually median jacob zuma until saturday. prior to arriving in south africa, clinton made it clear that zimbabwe would be a key topic for her. it appears clear america is not convinced by the power-sharing government that is now in place in zimbabwe. the economy has stabilized. the americans feel that robert mugabe is not really sure

it's reality television the way they do it in brazil. this is brian rooney for "nightline." >> what an incredible story. our thanks to brian for that. when we come back, secretary of state clinton compares corruption in nigeria to the bush family. that's the subject of tonight's "closing argument." ument."

the second largest in brazil and in argentina.t's located in the fun, densely populated area, buenos aires. argentina, rio and brazil, santiago. 67% in the chilean market. i've made sure, by the way, that i washed my contact lenses with this juice right before i came out. 51% in argentina. 57% in brazil. now, the thesis behind andina is simple. the beverage distribution business is about as stable as it gets. normally there's not a whole lot of growth. in latin america, especially in in the city where they do most of their business, it continues to grow at a pretty torrid pace, which means more people are drinking more beverages, creating opportunities for volume growth at companies like andina. bottling is usually profitable. ask the pepsi ceo, a cramer fav and i think a yankee fan, that just made a brilliant move to buy the pepsi bottlers back from pepsi the other day. it's going to boost pepsi's numbers. and i bought some for my charitable trust. you should get some. why latin america? chile, argentina and brazil are in better

brazil's president has said he is not happy at the idea of even one american based in columbia.le the brazilian government says the proposed u.s. military presence seems to go well beyond what is needed. gary for bbc news and sao paolo. >> this is "world news today." i am george. the man headlines -- more than 20 killed in afghanistan. the violence comes as the new nato secretary general paid a visit to the country. three people in india or given the maximum penalty of the death sentence after being found guilty of the car bombings in mumbai in 2003. the first hispanic supreme court judge is expected to be confirmed by the u.s. senate leader. that is despite widespread republican opposition to the nomination of sonia sotomayor. even though barack obama's choice is unlikely to change the ideological makeup of the bench, justice sonia sotomayor has been opposed by nearly three-quarters of republican senators. they say that she will bring bias to the row. who is she? the daughter of put to rican parents grew up in a housing estate in the bronx, new york. she says her working-class

and we'll break it all down with donna brazile and bill bennett and three top reporters. "state of the union" sound of sunday for august 2nd. >> will there be new taxes for the middle class. timothy geithner does not rule it out. >> that's going to require some very hard choices. and we're going to have to do that in a way that does not add unfairly to the burdens that the average american already faces. >> one of the president's top advisers says the economy is now moving in the right direction. >> the economy is no longer in free fall. outside observers are looking towards growth. people are speculating about when the recession is going to end rather about if it's going to turn into a depression. the priority has to be to go with a plan that's working and implement it as vigorously as possible. >> and the president is getting surprising credit on the economy from a former rival. but also a warning. >> i think that you could say that it is a short-term improvement in the economy. and i'll be glad to give him credit for that, but the question that i think we should be ask

deforestation is responsible for more than half of brazil's carbon emissions. but it is an issue which reaches well beyond this country. >> the cutting down of the forest is possible for about 1/5 of the world's carbon emission put together. it's absolutely critical that we get an agreement in copenhagen which involves reducing the rates of deforestation. >> he got an almost royal welcome to another part of the amazon, where farmers and local communities are working together to restore parts of the rain forest. it is a slow process which for the moment is far exceeded by destruction elsewhere. but it is in work such as this that the politicians who gather in copenhagen we find at least some of the answers to deforestation. gary duffy, bbc news in the amazon rain forest. >> italians gave the word graffiti to the world, but now their prime minister has had enough. silvio berlusconi says the capitol is dirty and disfigured. workers are trying to remove it all, but as duncan kennedy reports, it's not that simple. >> this is why rome is a unesco world heritage site,

>> no, it's not but it will have to be slowly enlarged to include india and probably brazil. >> i'm not advocating a g2. i'm just saying china and the u.s. have to be partners in a lot of areas. >> i agree. >> the vice president of the united states is encouraging the china/u.s. relationship. she deserves a lot of credit. >> new york the secretary of state. >> excuse me, the secretary of state. >> right. >> there's been renewed interest in asia since barack obama came to power. hillary clinton's been to southeast asia twice. i think you will see a lot of attention on the region. >> is the eupasse? >> if it is, where am i going to go? >> dimitri's our man in hong kang. >> the u.e. is essential for running the world's economy. >> the e.u. is huge on trade. the problem it has is its foreign policy is not aligned. when it comes to foreign policy, each country is still all over the place. >> will you tell that to phil stevens who says it's the switzerland of the world? >> i will opinion >>> we'll be right >>> the "the mc uggrhlinouou is brought to you when planning for retirement these days,

these are people going into higher yielding assets and selling dollars and buying brazil currency and buying indian rupels and russian rupees. >> we saw gold go higher. >> i messed oil up for you folks. when it was down four bucks, i thought it was a real tell. but what i missed gas was only down a nickel. yesterday it goes up four bucks, gas was up 13 cents. that's my bad. i should have picked up on it. i didn't. gas led this time. >> there is a clear tell going forward here as we move towards the end of the year. here's the trade. if we are going to have a gdp economic recovery, what should happen in the commodities space is the massive contango that all the commodities are trading under should be removed. all that inventory gets worked off, contango comes out of the market. that will be the tell on the commodity space if we get the shift into backwardation. >> when you say that, do you think aluminum prices will be 40% higher? or oil prices will be 40% higher at the end of the year? clarify that. >> if contango comes out of the market, aluminum and oil will move higher from here. b

more international strength in brazil. they're big in brazil. devon is getting more out of the properties it currently has for less money. sounds like big gross margins. i wonder how long the company can keep this up, though. appraisal development drilling in the gulf of mexico, an exploration project in brazil. also, horn river basic along with its oil sands project. a lot of stuff going on here. everyone is focused on the next big catalyst. that's the announcement of a partnership or a sale of its property in the gulf of mexico. i think it could bring in 1 to $1.5 billion. $3.60 per thousand cubic feet. in the u.s. it's $2.68. pretty close to where it is. the company needs prices to come up if it's unhedged gas production is going to be profitable. i think devon is a terrific oil and gas company. i wouldn't be buying it for charity if i didn't. but its stock is down 5.4% for the year. apache is up 16%. hey, aubrey mcclenen, chesapeake is up 47%. maybe devon is a heinz ketchup play. let's bring on larry nichols, ceo of devon energy. welcome bac

bret: how do you say drill baby drill in brazil? >> it's a p.r. issue. it doesn't look good.o, it doesn't look good. juan is wong about about the american public. the american public is in favor of offshore drilling, particularly in virginia where i live. bret: that's it for the

and donna brazile. ed, i want to start you. president obama has an op-ed today. loud voices have ground some basic facts object our plan. a loud plan is por porting something that's not factually correct about death pams. does it bother you when they say things like that when it's not factual? >> it bothers me. i think governor palin knew what exactly she was doing in jarring this debate. there are concerns about the medicaid deductions. about the ratcheting of care. i think we have toe to be thoughtful. i i think that's true of sarah palin. i think it's true of the top two democrats in the house, who referred to the actions of people going to meetings as unamerican. i think health care is a very important issue. we ought to focus on the facts of this debate and let people come to their own conclusions. >> but you agree there are no death panels. >> i agree that characterizing the panels that are in there, in terms of determining how to make spending decisions on care, that there's a legitimate concern about those, i agree that they shouldn't be characterized as

political strategist donna brazile. >>> i'm don lemon. we want to give you headlines. swine flu. climate change and drug trafficking all on at agendaa. north american leader summit in mexico, president obama arrives tonight for talks with mexican president calderon. and canadian prime minister stephen harper. seven bodies and parts of a manning willed helicopter have been pulled out of the hudson river after a violent mid air crash above new york. the search goes on for two more victims and more wreckage and explanation. and a small plane recommended a sight seeing helicopter just before noon yesterday sending boats plunging into the river. all nine people onboard died including -- including three teens. investigators are asking for pictures and videos of yesterday's crash. i'm don lemon. "state of the union" continues right now. >> joining me, former republican national committee chairman ed gilespie and donald brazil. let's start with that statement from dick durbin that is startling and reflection of reality. he says he doesn't like it. he wants a strong public option in the b

energy wisely. >>> joining me, ed gillespie, cnn contribute tore and democratic strategist, donna brazil. he says he doesn't like it, that he wants a strong public option in the bill, but if the democrats don't have the votes that he thinks maybe pass a bill that doesn't have a public option, get the conference committee with the house and then maybe try to restore it there. that's the concession of a bit of a problem, isn't it? >> john, first of all, four out of five committees have passed real strong health reform. we know that at some point the democrats will have to get together and try to figure out how to make these bills consistent. the public would like to see some option in the reform package that would lower costs and ensure they don't get dropped from their current system. i believe a public option is necessary, not only a lower cost but to ensure that most americans with preexisting conditions can go about in a way to get the best possible insurance. there's a debate over the best way to proceed in september. i think now the president would like to see the principals he put o

come from brazil. >> i don't know. i think it's a mix of, you know, we have blond girls, black girls. it's a mix of everything. it's natural. it's from the water, i think. the water we drink. if you can go there and check it out. >> no question. >> there is like a secret in the water there. >> yes. >> aha. >> and it's the samba dance. i'm trying to get her to teach me to samba. >> all about the samba. >> we drink the water, and then we have dancing. >> it always comes back to the samba. we have to go? >> no. >> no problem. >> we have a contest launching today. it's called love your body by victoria. you can get on facebook or body by victoria.com. and you tell us why you love your body and the winner gets a pampering from victoria's secret. >> a spa weekend in new york. that's great. >> ladies, thank you all for being with us. we'll see you this fall when you come back to do the show. >> great. you did a great job. >> we'll get you a ticket. >> you're going to have to be there. >> i have to be there. w

the city is in the middle of the mam zon rain forest and isolated from other large cities in brazil. the people that live there sort of feel like their town is safer than san paolo orio. but they do have trouble with drug gangs there as in many places in south america. and especially in the suburbs, we've been down there. gangs sort of run free and this guy sort of presented himself as somebody trying to fight that and also fight corruption. now it's the talk of the nation that he's accused of not only ordering these murders but possibly using them on his show. i mean, his show was sometimes there at the scene of crimes before the police got there. they claim that they just had great sources and they were, you know, on the inside trying to fight all of this violence. but the police say otherwise. they say he was not only involved in it, but possibly behind at least five of these murders. >> unbelievable. michelle, thanks so much. we appreciate it. tamron, what a crazy story. i guess the first tip should have been when this guy's getting there before the police, you know something. >>

ethanol is the other big part of their business down in brazil.t business is growing as well. >> let's move on to earnings now. dick's sporting goods jumping 7% today. the ceo joins us, ed stack. great to have you with us. >> caller: thank you. great. nice to be with you. >> your second-quarter sales increased, which is a rare feat in this quarter. i see the marge vince declined. was that sales increase driven by promote activity? >> caller: some of it was driven by promotional activities. the majority of the margin decline was fixed cost leverage with the small comp decrease we had and then cleaning up some inventory in our golf galaxy division. >> what do you think in terms of demand by the consumer at it point? the latest report indicated that sporting goods is seeing declines in terms of spending. >> caller: well, we think that the consumer's still cautious out there. although we're seeing sequential improvement from our, you know, first quarter and into the second quarter. so we're cautiously optimistic at the present time. >> mr. stack, than

a flight coming in from brazil hit a serious patch of turbulence. that incident caused several deaths and injuries bought all 179 passengers and crew members survived. michelle france and has that story. >> continental flight 128 made an emergency landing after the pilot reported the plane hit severe turbulence. more than two dozen passengers were injured, at least 13 transferred to ambulances and taken to local hospitals, some with reported head, neck, and back injuries. >> i hit my head on the roof of the ceiling and then fell down and hit it in front of the monitor in front of me. >> these photos show the aftermath. in a statement, continental airlines said that fasten seat belt sign was eliminated during the incident. >> it was quite bad. they were wearing seat belts so it was ok. >> the overnight flight originated in brazil and was bound for houston. 36,000 feet, pilots reported that severe turbulence. passengers did not know what would happen next. >> i have never seen turbulence like that. i really thought we would not make it. >> once on the

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