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candy crawley is our correspondent and he is a world-renowned expert.tainly we can say in the short run it doesn't take a genius to know this has hurt the republican brand greatly. do i know what will live into 2016 to affect the next presidential election? i don't know because it is a long time between now and then. if that goes well, it is a huge slapdown. >> you saw the poll numbers falling. you saw consumer confidence, can this recovery withstand a government shut down and a sequester and assuming you get over this debt ceiling drama and you go into a budget process? is this the time for austerity in america? >> it is clearly not. we need to balance the budget over the long run and focus with the unemployment and there are things that we should be doing where we should be spending more. the thing that concerns me most is an effort to dim in issue the presidency. we are going to put a six week extension and it is no way to run your country. >> the meetings in washington. what is the rest of the world saying about how we are running your country. well

. >> here to react monica crawley and alan colmes. shouldn't everybody tone it down? >> i think so.lmost like -- holding something hostage to another piece of legislation is a typical expression. nothing terrible about saying that. >> a lot of that stuff is angrily -- >> yeah. >> yeah, it doesn't help at all. what do you say? >> i'm probably going to take a contrarian view because -- well, i think -- i think it's fair play because we've had this language used in politics since the beginning of the republican. founding fathers were talking about each other, talking trash so it's always existed. the distinction is here if you're talking about a talk show host, that's one thing but the president of the united states, the senate majority leader, the house northridminority leader t he different because you're talking about people in high authority positions and should be setting a higher standard. >> if you watch spielberg's "lincoln" movie and you see the language -- >> what that is what i mean. >> when they were trying to get rid of slavery, oh, my god so it's the same but there's a me

in an effort to mock those critical of her, congressman crawley said this. >> have you been consorting with the devil? >> not to my knowledge. >> are reports that you can fly accurate? >> greatly exaggerated, sir. >> have you been involved in any way in trying to pervert our youth in salem or anywhere else? >> i certainly hope not, sir. >> are you sure? >> yes, sir. >> ironically the congressman is a warlock from middle earth . joining me with reaction, david callahan from the progressive think tank team. isn't this an insult to wick cans by comparing them to the irs? >> this is a priceless moment in congressional testimony. great tv there. what bothers me about the this irs schedule as this goes on and on is it's missing the big picture here which is that the nonprofit sector has become this major conduit for political money on both sides. millions of dollars going through supposedly nonpartisan organizations. you have this little back water unit down there. the irs unit in cincinnati that, you know, screwed things up. we have been looking for politic political. >> when a democrat or

alvin crawley recently served as the interim superintendent in prince george's county. he begins monday and will serve while the city searches for a permanent replacement. in august the city school board bought out the contract of previous superintendent morton sherman. this will alexandria's third superintendent in five years. >>> the time right now is 6:36. time for the final your money segment of the morning. it's going to be a big day at the white house. today president obama will nominate janet yellen to serve as the next chair of the federal reserve. the announcement at the white house will come around 3:00 p.m. if yellen is confirmed by the senate, she will become the first woman to ever head the central bank. she currently serves as the fed's vice chair. current fed chairman ben bernanke's eight-year tenure ends on january 31. >>> the united states is planning to cut off all financial aid to egypt. this comes in the wake of the july coupe against president mohamed morsi and violent turmoil which has followed. the administration held back some aid in august. the

in an effort to mock those critical of her, congressman crawley said this. >> have you been consorting >> not to my knowledge. >> are reports that you can fly accurate? >> greatly exaggerated, sir. >> have you been involved in any way in trying to pervert our youth in salem or anywhere else? >> i certainly hope not, sir. >> are you sure? >> yes, sir. >> ironically the congressman is a warlock from middle earth . joining me with reaction, david callahan from the progressive think tank team. isn't this an insult to wick cans by comparing them to the irs? >> this is a priceless moment in congressional testimony. great tv there. what bothers me about the this irs schedule as this goes on and on is it's missing the big picture here which is that the nonprofit sector has become this major conduit for political money on both sides. millions of dollars going through supposedly nonpartisan organizations. you have this little back water unit down there. the irs unit in cincinnati that, you know, screwed things up. we have been looking for politic political. >> when a democrat or liberal administ

speaker, businesses in crawley are creating hundreds of new jobs leading to unemployment falling to 2.7%. does my right honorable friend agree with me that the way to raise living standards is to increase and continue the policies of economic growth rather than this credit policies of debt from the party opposite? >> my friend is right. what we've seen in the country is business confidence rising, consumer confidence rising, exports increasing, construction and manufacturing are up. we are seeing a good growth in terms of employment. a million more people in work compared to when they came to office but clearly we want to do more to help people by reducing the taxes which is exactly what we are doing. all of this will be put at risk if we give up on reducing the deficit and our responsible economic policy. that is what the opposite party would do. >> does the prime minister think it's fair that a fat, pregnant woman will not have to pay 1200 pounds to take maternity discrimination case to the employment tribunal? >> they do under this government. the one thing we have done is make sure t