former new jersey governor jon corzine come up as a possible replacement.t do you think about, let's say a corzine coming in to replace geithner? >> i don't think it would do any good. corzine would simply be another crony of the president. cronyism isn't going to turn this around. i mean, when he brought in bailey, who was supposed -- who took over as chief of staff. you really didn't see a change. we didn't see a change in direction. we didn't see a change in aggressiveness on the tax policy. so i don't think bringing in corzine is going to necessarily make a difference also. at this point, simply throwing geithner to the wolves as a scapegoat isn't going to help. we need some new ideas as it relates to putting fuel in the engine. and this president and his administration are simply incapable of putting those bold ideas on the table. so we. >> neil: herman, we have got to slow down going on. face fairly clear. one thing now that has got us down to a double a credit rating. >> yes kneel meal we share with some okay countries, new zealand, a lot of the harr

i don't think bringing in corzine is going to make a difference. point throwing geithner to the wolves, as the scapegoat isn't going to we need new ideas, as it relates to putting fuel in the engine. this president and his administration are simply incapable of putting those bold ideas on the take. >> neil: herman we have a slow down, that is fairly clear. the one thing ha has got us to a aa credit rating. we -- we share with new zealand, a lot of the harry potter movies were filmed there, so it is not a bad country. i wonder now what herman cain would do in this situation? you have to do something dramatic. what would be one big thing you would do, right away? >> you know first of all, with the herman cain presidency, we wouldn't have been in this mess. be that as it may, the first big thing i would do would be to immediately ask congress to lower the top corporate and personal tax break to and eliminate the capital gains tax, take it to zero. tack the take on repatriated profits -- take the tax on repatriated profits and make them permanent. it w

>> corzine's appointment by president obama. my question is governor corzine being considered for any white house jobs? house jobs? >> i have no

former new jersey governor jon corzine will be here. up next, joe nosera joins the set. with a check on the forecast. bill. >>> this is day 39 in dallas, texas where you will hit 100 degrees in a row. it's an incredible streak. only topped by the streak of 42 in 1980, the hottest summer on record. i think we have a good chance of breaking it. we may as well go all the way. 109 in dallas today, 106 on wednesday. close to 100 on friday and saturday. it will be a close call. forecast, bring the umbrella. the big city, rain will be moving on later this afternoon to this evening after a sunny start. southeast, same for you. thunderstorms will be plentiful. but a beautiful day from kansas city to minneapolis. that's where the fallish-type air has moved in. about time. washington, d.c., no such luke for you. you're watching "morning joe" presented by starbucks. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's

. >> congressman, if the replacement was somebody leak jon corzine. >> i would like to see him replaced with someone who gets the economy and understands the importance of cutting government spending. that's what we need. someone who understands we have to get our fiscal house in order. fantasy economics are a proven failure. he passed the wrong vision and he needs to put machine in that truly understands the market and get it is the reality or job creation. >> harris: -- >> congressman bachmann she said the markets would do what they did if we got a bad deal. we have dick on the phone with us. what happened? >> heyneal, i think the market on friday was telegraphing a downgrade as you saw the volatility. i think you will see weakness x. there will be traditionally the nervous nelies who sell at the bottom and buy at the top. there is a therapy in what happened here . a message to the markets and political leadership that three stooges' approach to running this country's finances is not going to be tolerated and rather than tearing up the agreement that's been met. i think you have to ad

no more corzine. he almost ruined new jersey, as governor. forget him. to handle spending, not overspending what you have. how to handle this. >> let me tell you why i think it won't happen. >> what won't? >> dana: secretary geithner will not resign and they will not force him to go because the pressure for them to appoint someone more favorable to big business and the bank and the right would be so great. the only thing left in their tool it can is bashing the banks. telling you, it is coming. >> bob: >> what do. >> what do you they this the federal government can do about this? in the president's lame statement, congress in recess, president is going to martha's vineyard. >> kimberly: he needs to cancel golfing vacation, knock it off. no more martha vineyard and show he is serious about this there was a abdocation of leadership. he never came up with a plan credible to begin with. two, failed to have an adequate response after we were downgraded. three, we see the stock market drops now. if he wants to be serious about getting re-elected he has to come

. >> congressman, if the replacement was somebody leak jon corzine. >> i would like to see him replaced with someone who gets the economy and understands the importance of cutting government spending. that's what we need. someone who understands we have to get our fiscal house in order. fantasy economics are a proven failure. he passed the wrong vision and he needs to put machine in that truly understands the market and get it is the reality or job creation. >> harris: -- >> congressman bachmann she said the markets would do what they did if we got a bad deal. we have dick on the phone with us. what happened? >> heyneal, i think the market on friday was telegraphing a downgrade as you saw the volatility. i think you will see weakness x. there will be traditionally the nervous nelies who sell at the bottom and buy at the top. there is a therapy in what happened here . a message to the markets and political leadership that three stooges' approach to running this country's finances is not going to be tolerated and rather than tearing up the agreement that's been met. i think you have to ad

jersey, living in new jersey, when chris christie challenged a sitting governor, challenged john corzine won part of this straight talking, i can do something that no one else has done in a blue state like new jersey. what are we to make of chris christie as a potential candidate, is this real? >> i don't think it is. the reason it gets attention is because there really is a tremendous opening on the republican side right now, and there has been all year, and there's nobody to fill it. the hope of the republican establishment was rick perry's the guy. well, rick perry's the guy who's going to communicate with the republican base, but not in a way that scares off swing voters, obviously, what they've seen in the first four days is that may not be the case, i spent time in new jersey. there are a couple of factors really keeping him out, one is family. two is a simple reality that this guy spent ten years of his life trying to be governor of the state, it means something to it and enjoys it and he's in danger of losing it in 2013 and flirting with a presidential race puts it in jeopardy. t

." >> and corzine's name is being thrown around. but where are the jobs? that is what americans want to know and the white house is thefting and by have thing from the debt ceiling to jobs. president obama saying this. >> there is in doubt this has been a year where we weathered the arab spring on oil and gas and tsunami effect on supply chains and economic uncertainty in europe and recently markets around the globe have taken a butchy ride. both parties share power and responsibility for our progress. moving our economy and our country forward is not a democratic or republican responsibility it is a public or private responsibility. it is the responsibility of all americans. >> so, once again, people who are sitting out there who have not had a job and don't see the job and see the job numbers come out and you hear it is a rosy picture being painted but there are a lot of people that left the workforce and say "we give up." >> the white house has said interesting things during the surplus. they said we created or save add certain number of jobs but we hea

. >> terry isn't alone on this, jon corzine, former new jersey governor, former head of goldman sachs, he called on the president to call congress back. privately, we know the president is getting a lot of this free advice on this idea of bringing congress back. either focusing them on trying to pass the five or six job creating goals that both parties seem to agree on, free trade agreements, repatriating money, girch ideas like that. we know the white house instinct on this, when the chattering class of washington speaks in one voice, they move in the other direction, hunker down, eventually react to it but not right away. we'll see, underreacting is usually the political advice they take on this stuff in moments of crisis. >>> john boehner and the second in command, eric cantor are trying good cop, bad cop routine. boehner says providing economic certainty must remain our number one focus. but frommeric kantszer, there will be pressure to compromise on tax increases. we will be told there's no other way forward. i respectfully disagree. obviously, this was the signal he knows is --

. >> jon corzine said that the president should at least call the leaders back and start working on thisight now. do you think the people should be calling people back from vacation? >> without question. the idea that they would be on vacation as the economy is going into the toilet is once again the kind of political malpractice that you saw over the last few weeks. they need to get back to work to put america back to work. and they need to find a bipartisan solutions that include as i said the innovative financing programs like the transportation loan program both john mica in the house and senator boxer in the senate have agreed to expand that program to a billion dollars. there's talk of an infrastructure bank that could be funded with -- out of country profits that they could bring back on shore. there are things that we can do to put people back to work, but we have to be committed to doing that. they should come back from vacation to get on with the business of putting people back to work. >> mayor thanks so much for joining us from l.a. >>> and rick perry on the republican side t

a new group by new jersey former governor jon corzine and anna wintour, vogue editor raised 15 millionction is still 15 months away. with statistics like this jon, experts say it will be difficult for the president to bash wall street and corporate jet owners during the week and breaking bread and collecting their money on the weekend. but though do expect him to raise a record amount of money. jon: william la jeunesse. thank you. jenna: viewers have been sending in, you have been sending in your questions. next we'll be answering some of them about jobs and the economy and what is next. chip, one of our viewers asked how long before pay raises return to 12 levels? that's a good question. we'll get an answer straight ahead. also some recognize dents of a ritzy new york apartment building shocked to meet their brand new neighbor this morning. what happened when this exotic bird flew the coop, so to say, jon. jon: ever heard them scream? jenna: that's next. jon: you know it's a jungle out there and this next story proves it's true. look at this. a peacock flying the coop from new york's

this is interesting, they apparently did not favor john corzine. i think that what we

in the case of christie, i believe having run for governor against john corzine, who was spending $1ew york media markets trashing him for an extended period of time, he lives under a new york media bubble, not the national media scrutiny but more comparable than being a congressman. i think he's actually been under a lot of heat and, again, it's not a presidential campaign, but it's not just any old governor or congressman. >> he is a warrior and is not afraid of things. he's not interested in doing it. take him at his word, he's not interested in doing it. >> andrea, what do you think? >> christie does not want to do it, i agree on that. when it was reported he had focus groups being organized, his staff got in touch with us that no, no, no, he isn't doing that. paul ryan might like to. a lot of his supporters would like him to. there's more desire there but less ability. ability to tap into the money. when was the last time a house member successfully moupted a national campaign and was elected president. >> we have to mention the name sarah palin. is that dream over? >> i think t

they apparently did not favor governor corzine's policies. on millennials, i think what we are seeing is a lot of flux. 66-32 for obama. that was a huge margin. party ideas now down from -- according to pew research there 60-32 democratic in 2008 to 60-32 democratic in 2008 to 52-39

jon corzine, former goldman-sachs chief, former governor of new jersey, ruined the state of new jerseyng money, collecting money for the president. and jeffrey katzenberg of dreamworks and so on and on. they collected $375 million in three months towards the billion dollar campaign war chest that the president hopes to get together. >> when your mantra is needs to pay more, is that hypocritical just presidential poeclicy? >> i can't spell it but it's definitely hypocrisy. we lined up to go to the birthday bash in chicago, basically a fundraiser. $36,000 for dinner. another $10,000 to have your picture taken with the president and overflow crowd in hollywood watching v satellite lining up to give money to the president who is bashing billionaires and millionaires. >> they must not mind too much. they're continuing their efforts. >> i'll tell you why it is, we're going to tax income, not wealth. the people doing this, they have accumulated wealth. we don't tax accumulated wealth. no, we tax income for people who are striving. income people. that's what we tax. those are the millionaires,

author of what to ask the person in the mirror and former communications director for senator jon corzinest, julie raginski. good to see all of you. i'll start with you, rich, you've assembled your grading process here. we did best and worst, best. >> very complicated grading process there. i thought newt was very good. i think he was much more like the candidate people would thrive in these debates. he was great on the idiotic supercommittee. his question about the campaign falling apart was fair but people liked him sit back at the media and the other strong performer was mitt romney who two debates now hasn't been challenged. is kind of gliding. the worst, i thought was john huntsman. it seemed to me that his voice was actually shaking. he seemed very nervous. he seemed very contrived. i wouldn't have been surprised if he just walked off the stage at some point because he didn't seem to belong there. >> for a minute, we had tim pawlenty up as your worst. your pick was huntsman. >> i thought pawlenty didn't do so well either against bachmann, people -- he is desperate because he thinks

corzine's policies. on data, we are seeing a flocs. party id, according to pugh research, from 60-32 democratic to 52-39 democratic in 2011. as is often the case of young voters, there is more movement as they gain experience and build on the initial thoughts that i have had on politics. s. i have thought for some time that there's a tension between how millennial is and younger voters lead their lives. with their own ipod playlists, facebook pages, designing their own future, and one size fits all, welfare policies of the obama democrats that want to stop everybody in one category. that is a tension that the republicans have done little, but not enough, to exploit. they can dump those numbers on young voters as definitive as to where they will be for all time. the democrats start with the lead. i do not think that is overtakeable. you see the baby boomers and the 1970 to exit poll and how they are voting today. -- 1972 exit poll and how they are voting today. there was some validity to that when you look at the districts they were car