senior editor of the capital research center washington d.c. . all are closely following developments on the american financial scene on our web site so we can go to the latest updates and videos all of america counts down days until default wall street high flyers are bracing themselves for a rock in the rye. this life is a joke and it's so let's get it so we really is going. to ignore the problem by dressing up as superheroes and attending the annual comic con on the bench. a senior north korean diplomat has been invited to new york in an attempt to revive the long stalled talks over his country's controversial nuclear program all discussion has been suspended since two thousand and nine the moves come just days after a top and always from the two countries sat together the first time in over two years on the sidelines of a security summit in indonesia there they agreed to renew six party talks over pyongyang's atomic ambitions however the u.s. secretary of state says before any deal can be agreed north korea must first dismantle its nuclear fa

cuts or tax hikes is the answer to the debt crisis matthew that i'm senior editor of the capital research center says the government needs to raise its borrowing limit to keep investors. obama and the democrats in congress just want to keep on spending. and so they would like to see the ceiling raised so that they can continue to give rewards to their supporters among the labor unions or the various political organizations that are sympathetic to the democratic party cause the u.s. is able to keep raising its debt ceiling because people investors around the world have confidence in the united states they believe that the u.s. government will honor its outstanding obligations and so as long as people have faith in the investors and faith in the u.s. government in its credit worthiness then the u.s. could keep raising its debt ceiling the problem right now is that the debt is so high that that in itself is starting to become a negative factor that could lead to a credit rating downgrade of the united states here. if china loses confidence in. america the american government's ability to pay its de

spending and implement pretty severe austerity measures massive adam senior editor at the capital research center from washington d.c. and we're closely following developments on the american financial scene on our web site go to our team dot com for the latest updates and videos as a whole on american countdown days until the fall of wall street high flyers are bracing themselves for a rocky ride. this life is a joke and it's. less going to sweet relief. while others in the u.s. are choosing to ignore the problem by dressing up as superheroes and tanning and comic con convention. a senior north korean diplomat has been invited to new york in an attempt to revive long still talks over his country's controversial nuclear program the moves come just days after a top and voice from the north and south korea stepped together for the first time in over two years on the sidelines of a security summit in venetia there they agreed to renew the six party talks over atomic ambitions. were halted after a north korea shelled young young island killing four which it says was provoked by military drills ingest

we can cross live to our washington studio and talk to matthew vega a senior editor at the capital research center and author of subversion inc that looks at president obama's relations with taxpayers thank you very much mr vega for joining us and i know republicans and democrats disagree on a number of core political issues and someone. argue that this issue with the debt ceiling is a bit of political posturing so both sides won't push the country into a default position just to score political points will they. probably they will not but you have to understand that the media is actually getting the story wrong the united states is no where near default think of all the debt that the united states has right now as like a credit card the u.s. still has money to keep making the minimum payment every month so they could keep doing this for quite a while that's obviously not a desirable situation to the stock markets have reacted badly i suspect because of the uncertainty not because the debt ceiling has failed to be raised so far so if the media is getting it wrong you're saying that the u.s. still

i was matthew that i'm a senior editor at capital research center from washington d.c. paul we are closely following developments on the american financial scene on our web site to go to our team dot com for the latest updates and the videos. as a whole of america counts down days until the fall of wall street high flyers are bracing themselves for a rocky ride. in this life is the job going to it so let's get a sweet release going. while others in the u.s. are choosing to ignore the problem by dressing up as superheroes and a tanning the annual comic-con convention. the latest threat to the middle east peace process is a promise from israel to punish the palestinians have a go i had with plans to declare statehood at the u.n. in september israel says it will scrap the low accords ninety three agreements which is the main road map for resolution to the conflict while we are cross live to jerusalem for an israeli perspective on the issue helmer from the country's ministry of foreign affairs joins us live from there is a problem thank you for being here in the program now

research which goes back more than a millennium orthodox church leaders are kiev marking the conversion to christianity is now been exactly one thousand and twenty three years ago when ukraine's capital used to be the center of the ancient state of artie's alexia's cesky is there. thousands have gathered in key of central monastery the key of the chest a lot of the one you can see over there behind me to attend the biggest liturgy the biggest service held by the head of the russian orthodox church but they have to deal with came over to the ukrainian capital to mark the celebrations of the christianization of ancient russia indeed a thousand and twenty three years ago. who was back then reigning in the key of adopted christianity he took several citizens of the key of to the waters of the river here in kiev and turned them into orthodox christians this is the biggest religious holiday for the believe years old across the post soviet space indeed russia ukraine and belarus are celebrating this holiday and today it's thursday is the final day of the celebrations of course this is a very important for the history of russia that the country adopted orthodox christianity but that choice may well have been diff

headquartered in the nation's capital, nasa also runs 10 field centers, seven test and research facilities, boasts of global leadership through a variety of strategic, domestic and international relationships. as we all know, nasa has a rich history of unique scientific and technological achievement although its most visible projects of late have been the space shuttle missions that have done much of the heavy lifting of the program for the past three decades. the shuttle program now ending, critics have been skeptical of what nasa will or might become. although our speaker insists there is no retreat from leadership in human space flight, but a shift to doing even more, more affordably, building on nasa's strength, working with the private sector and partners. it is important to understand what makes our speaker tick, how he made it to the top of the nation's space agency, only the second astronaut ever in that spatial role. in just two weeks he'll begin his third year as nasa's 12th administrator, watch and celebrate the final space shuttle mission. his career included 14 years as a memb

headquartered in the nation's capital with more than 18,000 employees, many more working as contractors, nassau also runs tend field centers and a number of research centers around the country. as we all know, nasa has a registry of unique scientific and technological achievement, although its most visible projects of late have been the space shuttle missions. the shuttle program no ending, with no immediate replacement in sight, critics have been skeptical of what nasa will or might become. although the speakers insist there is no retreat from space flight, but that there is an emphasis to do even more more affordably, working with the private sector and partners. it is important to understand what makes our speaker tick, how he made it to the top of the nation's space agency, only the second astronaut ever in that role. he will begin his third year as nasa calls 12 administrator. he will watch the final space shuttle launch this thursday. a retired general, his green career included 13 years that the master not office. he was named an administrator by the president in 2009. in 2002, george bush tried to link him unsuccessfully as the deputy mini

headquartered here in the nation's capital with more than 18,000 employees, many more working as contractors, nasa also runs 10 field centers, seven test and research facilities, and boasts of global leadership through a variety of strategic, domestic and international relationships. nasa has a rich history of unique scientific and technological achievements. the most visible -- visible projects have been the space shuttle missions for the past three decades. the shuttle program is now ending. there is no immediate replacement in sight. critics have been skeptical of what nasa will or might become. our speaker insists there is no retreat from leadership in human spaceflight but a shift to doing even more more affordably and building on nasa strike and working with the private sector and partners. it is important to understand what makes our speaker tick and how limited to the top of our nation's space agency. lee the sacker not -- second astronaut in that role. in just two weeks, he will begin his third year as the 12th of nasa administrator and we will watch him watch the final space shuttle launch one week from today. he is a retired major genera

headquartered here in the nation's capital with more than 18,000 employees, many more working as contractors, nasa also runs 10 field centers, seven test and research facilities, and boasts of global leadership through a variety of strategic, domestic and international relationships. nasa has a rich history of unique scientific and technological achievements. the most visible -- visible projects have been the space shuttle missions for the past three decades. the shuttle program is now ending. critics have been skeptical of what nasa will or might become. our speaker insists there is no retreat from leadership in human spaceflight but a shift to doing even more more affordably and building on nasa strike and working with the private sector and partners. it is important to understand what makes our speaker tick and how limited to the top of our nation's space agency. in just two weeks, he will begin his third year as the 12th of nasa administrator and we will watch him watch the final space shuttle launch one week from today. he is a retired major general and he was in for 34 years. he was named administrator by the president in 2009. in 2002, presi