further, we're joined this morning by frankie miranda from the hispanic federation, and professor ed morales from brooklyn college -- professor of latino studies. welcome to you both. you heard the mayor say that it was federal policies that partly got us into this hole -- and maybe he didn't say "partly." do you agree that it's entirely federal policies or does puerto rico have at least some of the blame for the hole that it's in right now? >> of course. puerto rico -- different administrations -- have had responsibility, bear responsibility on this. however, right now, puerto rico is not able, on its own, to get out of this crisis. >> yeah. same question. i mean, does puerto rico bear some of the responsibility here? and i'll get to more specifics in a moment because the hedge-fund people are saying, "yes." >> well, the government bears some responsibility by just continuing to borrow and not foresee the consequences down the line in some ways. however, the unique colonial status of puerto rico is largely to blame for the situation because puerto rico has not been allowed to develop a self

we've been talking to frankie miranda from the hispanic federation ed morales, from brooklyn college. let me ask you this, because the 34 approximately hedge funds that own most of puerto rico's debt, their argument is that the island can repay its payments through things like education cuts, social services, et cetera. yes? no? >> well, of course they are interested in getting paid at the expense of suffering of a lot of puerto ricans and people that are the most vulnerable ones. but we don't believe that this is the only solution. puerto rico is willing to do not -- >> it's not enough. >> it's not enough. >> it's not enough. would the austerity measures, professor, just mean the shrinking of the economy and yet a greater exodus of people leaving the island to come to either central florida or to new york? >> yeah, absolutely. i mean, even the i.m.f. came out with a report in june that said austerity measures depress economies and people can't buy things, and so the economy slows down, and because of that, yeah. there'll be more of an exodus. >> i mentioned -- i don't know if i menti

. >> he's drawing on real-life inspiration for his new show public morals. ed burns joins us live. plus wayne brady is going to be right here live at 12:30. >> good show. we'll see you guys then. thank you. still ahead at noon, millions of americans have fun playing fantasy football but it comes at a staggering cost. >> and masterpiece mistake. how a 12-year-old girl accidentally put a hole in this 350-year-old painting. >>> this is one expensive ship and fall. thts 300-year-old painting of flowers by a 17th century italian master is hangingn an expedition in taiwan. it's worth a half a million. excuse me, $1.5 million, that's substantially more. a 12-year-old put up his hand to break his fall and accidentally put it through the painting. he will not have to pay for damage. >>> the new football season just about here. that means millions of people are getting their fantasy drafts ready. we find, though, there is a cost to work productivity. which says 66% of the people who play fantasy football also have jobs and it does cut into their work time. this is according to a report from

morals" premiers august 25th at 10:00 p.m. on tnt. sam hunt performs for us after the break! ed burns right there, ladies and gentlemen!p, refreshing taste of bud light. the perfect beer for checking off your summer bucket list. sesee that kayla? i did that. whoa! with minwax stains and protective finishes, you get a real sense of pride when you complete a project. that's right julie, i did that. davy crockett? thank you. katie, do you think i needed a fancy protein shake to wrestle all those bears? no? that's right, all i ever had to eat was meat, cheese and nuts. okay? try that. it's protein without all that mumbo jumbo... katie. here's our chance. let's take this one together. what? i got you bear! p3 from oscar mayer. it's 13 grams of protein from the original source. but satinlover83 didn't like the dishwasher vheated dry cycle. well dreadlockkitty loves the turbozone spray jets! and peanutbubbles44 agrees! i trust peanutbubbles44. me, too. did we just say we trust peanutbubbles44? yep. don't go it alone. sears appliance experts will help you find the top brands. including kenmore. sears. house experts for homeown

one thing is crystal clear, acting on thisç challenge is a moral responsibility. ed administer tore is right united states has a right to reign in climate change and showed admirable leadership in -- going after emissions from cars, trucks and now power plants, and a we need to epa exercise the same leadership when it comes to regulating aircraft. airplanes are unregulated in the united states transportation sector, they're responsible for 11% of transportation sector emissions. 3% of total u.s. emissions and 0.5% of total global emissions. and these emissions are skyrocketing. we expect epa expects nearly 50% increase between 2015 and 2035. and in light of these facts it is indisputable that they cause or contribute to air pollution that may be anticipated to engage public health or welfare within 23 and epa should quickly adopt proposed finding. thereafter epa must take bold action to reduce these dangerous emissions. the united states under president obama has pledged to reduce economy line emissions by between 26 and 28% between 2005 and 2025. we must make good o

morally, i think it stinks. >> reporter: concerns over suspected corruption brought out a crowd looking for answers. some call for edwski to step down. the mayor was not at the meeting for hear for calls of resignation. instead, council members took the heat for what some view as a government. >> you failed to represent us. you have failed to hold the administration accountable. >> reporter: tensions between city government and the people they represent rose to a new level when federal agents seized documents in a grand jury investigation. one councilwoman says she and her colleagues were kept in the dark about a visit from federal agents a year ago. >> i find that uncon chenble that that wasn't not made. >> reporter: they were looking into any possible connection between campaign contributions and building contracts. allentown's mayor told us in a previous interview he is staying put. >> i hope my city will thrive in the future. right now, there is definitely a black cloud over the city. >>> police say a driver lost control and smashed right into a dunkin' donuts stonight. the crash left the front of the shop bad

$80 bottle of wine, unless you're in the absolute ed five standard deviations outside the norm, a whiz kid from silicon valley or hedge fund with no moral compass.u're i that didn't sound right. devi any hedge fund people here?at you've got to be in your 40s or 50s before you have anything jingling around. that ties into the conundrum, average age, take phil's word, late 50, 60 years of age.com there's an old saying, don't fight city hall. got to we can't fight that fight. the good news is the demographics of the company aret working to our favor.average there are more people coming of, age and waking up and finding, 0 hey, i need readers.demo i can't see like i used to.le hey, i just discovered am band, that's cool. i didn't know that was sitting out there. i there are more people falling into that classification, this e is great for us.i didn't the question is how do we get them and what are we going to ds about it?s ho >> i always find the argument your audience is dying off, yout have to go for a younger ou audience to be illogical. does seventeen magazine become eighteen, nineteen, close high schools when they finished e twelfth gr

ed burns starring creating a new show getting a lot of buzz. called "public moral." son would grow up to an [ bleep ] and you've done that and it makes me proud. you know, you can't imagine the joy i felt sitting in the classroom listening to sister paul and hearing the stories about what a fool you are with your asinine jokes and comments. i was hoping i was doing a good job raising a complete imbecile and you have shown me that my hard work paid off. so i just want to thank you for that. >> oh, wow. good morning. tough love. >> here is the best part of the scene. that happened with you and your dad. >> word for word, me and my dad when i was in the 7th grade. he got called up to school. i come in the house and he's waiting for me. not a good sign. >> no, no. >> she said get in the car. he said we go into the classroom. my teacher explains what i have been up to. we get back in the car. we pull up outside. he put it is car in park. he delivers the speech. continued to dinner where he asked, tell us some of the funny jokes that got the class all riled up. i'm like th

board he's the moral compass of that endeavor without his selfishly dlofgs please welcome lieutenant cornell john recognizing stevens (clapping.) what can i say after that thank you jerry mayor edee supervisor kim consul general and other distinguished guests it is a pleasure to be here the idea for the million was in the fall of 2009 not until 2010 we got this thing organized and idea by a small group of korean veterans today is a start of making that idea a reality and making the idea a reality required the help of many and i want to mention a few of the many first are the donors that have been so general reduce in supporting the idea today for a about $2.3 million in addition the republic of korea has pledged one million dollars we thank the presidio trust (clapping.) and in particular michael who gave us the choice of 40 great sites including many outstanding location and thanks to his staff for the great creative support they've given us kim and a has been hosting an annual dinner for local korean veterans for a number of years and in addition to his city council cash doomsz to the foundation he gave for the first two years of our existence provided on office, clerical sup

moral issues. see you tomorrow night. >>> the fbi is looking into the security of hillary clinton's private server. so is there any chance she could be well investigated and put in jail? edwe'll ask judge andrew napolitano what he thinks next. why pause to take a pill? and why stop what you're doing to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. ask your doctor about cialis for daily

would say if that were true you and i and natalie morales would have to stay home and there would be nobody to report the news. >> that's a good way to put it ed gaut mall an-american thanks. thank you both for being with me this morning. now to the historic deal with iran meant to keep the country from getting a nuclear weapon. it's taken plenty of criticism, but president obama is doing all he can to make sure it doesn't fall apart. later this morning he'll speak at american university where he's expected to frame the iran debate as the most consequential foreign policy fight since the start of the iraq war. on tuesday he sat down with jewish leaders for two hours. i'll talk to two men at the meeting rvegs the president of a proisrael advocacy group and robert wexler for the center for middle east peace. jeremy, what did the president tell the group? he said i made three commitments, one is iran is not going to get a nuclear weapon. two, i stand by the security of israel and three i'm going to achieve all that through this diplomatic arrangement, which is the best option for moving forward. so i thought it was a very convincing powerful pass

morales, correa. then, i became chair of the middle east subcommittee, and iraq,ed through israel, lebanon, and met thers there. we see now see now, with what hd with the chinese currency, and how it affected our stock true, thee clichÉ is world is flat, we are all interconnected. i'm running for president because i know we have big challenges out there. make ito address them, a priority. we see the refugees fleeing the war-torn nations of afghanistan, , and not onlyibya is it human tragedy, but i fear, the destabilization of the government there. wingise of right groups in europe is one of my concerns. the around deal. let's have a hand for president obama. secretary kerry. this is the way we are going to address these conflicts overseas. everybody is talking about the and how we stop them from acquiring nuclear weapons. but the other positive element of this deal is that it was put together with the help of the russians. with the help of the chinese. with the help of the britons, without the germans, with you the french -- with the help of the germans, with the help of the french. that is how we are

board he's the moral compass of that endeavor without his selfishly dlofgs please welcome lieutenant cornell john recognizing stevens (clapping.) what can i say after that thank you jerry mayor ed distinguished guests it is a pleasure to be here the idea for the million was in the fall of 2009 not until 2010 we got this thing organized and idea by a small group of korean veterans today is a start of making that idea a reality and making the idea a reality required the help of many and i want to mention a few of the many first are the donors that have been so general reduce in supporting the idea today for a about $2.3 million in addition the republic of korea has pledged one million dollars we thank the presidio trust (clapping.) and in particular michael who gave us the choice of 40 great sites including many outstanding location and thanks to his staff for the great creative support they've given us kim and a has been hosting an annual dinner for local korean veterans for a number of years and in addition to his city council cash doomsz to the foundation he gave for the first two years of our existence provided on office, clerical support and legal assistance to get us organi

board he's the moral compass of that endeavor without his selfishly dlofgs please welcome lieutenant cornell john recognizing stevens (clapping.) what can i say after that thank you jerry mayor ed distinguished guests it is a pleasure to be here the idea for the million was in the fall of 2009 not until 2010 we got this thing organized and idea by a small group of korean veterans today is a start of making that idea a reality and making the idea a reality required the help of many and i want to mention a few of the many first are the donors that have been so general reduce in supporting the idea today for a about $2.3 million in addition the republic of korea has pledged one million dollars we thank the presidio trust (clapping.) and in particular michael who gave us the choice of 40 great sites including many outstanding location and thanks to his staff for the great creative support they've given us kim and a has been hosting an annual dinner for local korean veterans for a number of years and in addition to his city council cash doomsz to the foundation he gave for the first two years of our existence provided on office, clerical support and legal assistance to get us organi

what do we say about business, is it morally good, are they corrupt? in higher ed i'm afraid to say answer too often is business is morally bad. a lot of history had that feeling or belief and if that is your proposition, don't expect a lot of growth. and so i think we need to do a little work at examining that and getting back on track and saying, hey, how do we make business morally good and acing attention to that proposition. kids in the inner cities right now, lower income folks, their only hope is to enter the free market economy with a well paying job. and so if we're teaching the next generation that business is morally bad, why would a kid want to sign up for that proposition? it's not attractive. and so this book is hugely important. she'll refer you to about a thousand other authors in that six-volume set. her first book is similar and dealt mainly with the history of virtues kind of from plato on. and so that's my reading list. kind of light reading for this summer on the beach, and so i look forward to the stack. >> and booktv wants to know what you're