>> well, tavis, if wre going to have ir health care in america and not have single payer, which meanshenment does it all, then there has be -- there must be a blic option, which is to say the vernment has to provide a competive altnative private insunce companies anthis talk abouwell, maybe we don't actually ed a public opti, maybe we can get a cole of co-ops to do something is really nonsense if there is to health care, government has to be psent with a publioption so there is genuine competition and the surance companies know they have got toffer fair prices and fair conacts to those who they contract with. frankly i don't think therwill be health care at l unless there is public option and i hope to god that ans there will ba public option. vis: interdependence in part ans having civil dialogue wi our friends and ighbors around thworld. what is yo sense of how these unciviconversations of late have beetaking place around thisontentious issue of health care? >> that is areat way to put , tavis. it is true that we are frids, -- we e used to being rather civil with our friends, colleagu

. >> as colin powell sd, wn we go to war,e don't want a ir fit. tony zinni has book out. tony zinni actually wrote a mem saying "don't go intoraq unless you're going to have 350,000 troops. if you don't go in with fl foe,e're going to have a mess on our hands." he predicted it. >> rose: right. >> and a lot of the smart genels that have been inraq before predied it. for some run donald rumsfeld didn't want to listen t generals that wothe first ir war d we decided we' going to win the war on the cheap. charlie, there's nhing coervative about that. there's nothing conrvative about spding this count in debt. there's nothing conservative about putting us $7 trlion in debt that's n conservati. >> rose:s tony zinni and col powell me the kind of republican that yo identify with tn, say, newt ginich? >> well, um.... >> rose: (laughs) >> let m put it ts way. >> rose: dot spin it... >> no,'m just going to put this way. newt gingrh can win statewide electis in georgia. colin powell can win statewide elections in connectit. we don't have con powells or tony zinnis in our party anymore.

going to cost. you are going to have low quality care and healthcare costs are going up. >>> john, let's talk about that for a second. national sales tax that won't replace the irs, wouldn't that be enough to pay for this thing? >> they could collect all the money they want out of the sales tax. sales tax falls on the lowest income people. they are talking about protecting. which side of the mouth are they talking out of? >> quintin you stand up for the poor and wouldn't it fall on them? >> david, did we come on later today so we could make up extra stuff? david, i don't understand there should be a vac. >> i heard people suggested it. let me go to you. they don't want to antecedent answers the question. would a value added tax. >> the ashes is no. i think quintin's head is exploding. it would be enough. we're not making stuff up here. it doesn't take into account the behavioral tax and let. >> let other people talk. >> you are just trying to scare people, david. >> it's been suggested that a value added tax would be introduced. >> they would love to soak the entire wealth of the upper income spectrum. >> i would like that say one thing, we have low quality care

go to, if it's not the swiss, the caymans, here, there. isn't this just normal business for rich people? >> well, i think the irstax evasion is not okay. >> so where do we go to from here? is there an opportunity that congress could reach back, because enough people could be complicated, enough wealthy and connected people, and congress somehow provides some version of amnesty? >> well, there is a little bit of an amnesty for some people. but the irs, every person who walks in and asks for amnesty, the irs looks at them first as a criminal, and then has to decide if they can go on to the amnesty. and it's not a real amnesty, is a very, very expensive clemency program. you might owe $300,000 on a $1 million account. >> so where do we go next? what do we watch for? >> we look and see what the details of the agreement are and watch and see what the irs does next. >> and again, this is just one bank that we're talking about. there are many more. >> there are many banks in switzerland, many tax havens, there are banks and brokers in the united states. >> we'll leave it there. laura saunders, thanks so much. >>> as al

to make sure that the banker we were talking about was bradley burketfelt? guest: correct. the irs asked for the information regarding 52,000 account holders as goingo receive the names of 4450. it is expected the transformation was going to occur in the next year. the swiss government will determine compliance and they will turn it over to the irs. host: for the law this time -- for the longest time people always talk about hiding money in swiss bank accounts. why has this changed and why is the u.s. government getting this corporation from the swiss banks in revealing who the owners are? guest: you are right, but usually think of chocolate, find watches and banking laws in switzerland. 1934 is when they were adopted. my expectation was that they went back to the 1800's. the facts support the irs. they have an informant to disclose information about fraud that was going on between him and other people. the government got really aggressive where they were planning to -- ubs declared u.s. a safe zone and issued a non- travel to the u.s.. they have also come across other information related to other people in the u.s.. the backdrop to this is over on

to avoid paying u.s. taxes. here is irs commissioner douglas schulman. >> this is just the beginning. international tax evasion will continue to be a top priority. this is not goingaway. and people hiding assets and income off shore will find themselves increasingly at risk, due to our efforts in this area. >> now, the irs says the 4,450 client can names bean handed over are the ones most likely involved in off-shore tax evasion. the accounts said to at one point hold a total of $18 billion in assets. the irs declining to give many details about the accounts, saying they varied in size and type and include bank accounts, custody accounts, as well as sham trusts. schulman says the settlement provides a template for the irs to probe other off-shore accounts and the banks where they're held. the irs, though, declining to say it's probing other banks, though did t did say the swiss government is working with it with others having similar operations with ubs. it solves one of the banks' most pressing issue, without paying a fine the bigger issue what it means to swiss world banking, where clients' data was fiercely protect. in one night, saying the names were handed o

with eight minutes to go, mexico's miguel sabas picked up a loose ball and s ired to beat the u.s. #->> and a stunning apology from louisville basketball coach rick patino who admits he had sex with and paid $3,000 to a woman attempting to extort millions from him. after apologizing publicly yesterday, patino said he has no plans to quit over the affair. >> the love the fans, the players and this university. i don't want to coach anywhere else. so as long as they'll have me, i'm going to coach her. >> the woman karen cipher has playeded not guilty to extortion charges. i'm a diabetic and i want you to know over 230,000 u.s. doctors have authorized their patients to receive their diabetic supplies through liberty medical. and that begins with the easy to e, fast rs ... at no additional cost! liberty helps keep you on track by delivering diabetic supplies to your door... and filing your claims. i never feel i'm going to run out of anything. with liberty i always have someone to talk to and now they refill all my prescriptions. call now to receive a diabetic cookbook free. call to receiv

the irs says the swiss government is also going to be working with it regarding other financial institutions that have similar separations as ubs, and while it wouldn't say if it's investigating any other banks, the irs says it is getting a lot of leads. of reports, of course, say that ten other banks have been identified through a tax amnesty program that ends in this september as hoping to shield clients' money from the irs. >>> as for ubs, the firm won't be paying any kind of fine to the irs, so it is responsible for sending out notices to the 4,450 clients, names it says were handed over in accordance with swiss law, law that fiercely guards the privacy of the country's banking clients. ubs chairman casper villager in a statement saying the agreement helps to resolve one of the bank's most pressing issue. another issue this all raises, what does it do to the world of swiss banking? performedly, it was tailored, but this bill is structured to go after other off shore accounts, and it's a major step forward in piercing the veil of secrecy. >> mary thompson, thank you so much. how much mone

to break swiss law. the irs heats swiss banking law because it protects the identity of the customer. shepard: it is not to say this has not been going on forever. it always has been 5 for an american citizen to do whatever he wants to do with his or her money. we're in a boatload of trouble. they say they are going to start breaking laws of other countries. >> the irs takes the position that if you have left the united states and live in switzerland and earn your money in switzerland and pace was taxes, you still owe the american interest. it is not a crime not to pay, but you still owe it. they are frustrated. they can use the criminal machinery to get it. they have to indict somebody for someone else. shepard: they could always just tax weed and they would not have to go through this. >> they will not do that. see if he does it before he leaves. shepard: thousands of pages of newly released information on one of the most famous ufo sightings in british history. our own chief fox correspondents, jonathan hunt, has seen it. his investigation of the ufo's next. limb: dude that was sick! i've been hangin' up there for, what, like, for

moral ground that we believe that you should not be required to go to the undertaker and the irs during the same week. and we recognize that working hard and saving for your family, building up all of your lifetime is a positive thing to do and we want to encourage parents and grandparents to say to the children that we do not want to discourage them. we would not have a death tax so these people would be able to pass this on to their children and grandchildren. [applause] >> i outlined those four, because i want to show you the fundamental difference -- and this has been the great mistake in the last few years. . explosion of economic growth in the united states. we would rapidly become the largest exporter in the world. we have a larger capacity to invent new businesses than anybody else in the world by a huge margin if we're not crippling ourselves. that is a fundamental difference. let's take energy as a similar example. a year ago, massive energy tax and wanted to continue to cripple the american economy by punishing american companies we proposed petition drive called drill here,

it has to go through the individual first. this mandates that the irs literally ship over all of their tax receipts to 50 state administrators and the health administrator and the social security administrator. this is like publishing your tax returns. this is unbelievable. greta: i think it will go over like a lead balloon. we will talk about this in the past couple of weeks -- next couple of weeks. to the viewers, they are looking at live pictures of the jfk presidential library where ted kennedy is lying in repose. people are paying respects to can be. the funeral will be this saturday in boston. we will have more with dick morris and a moment. coming up, are two television networks flirting with obama? why won't they air a certain advertisement? president obama has said time and time again, with his plan, if you like your health care plan, you can keep it. rush limbaugh hasasasasasasasass i'm okay with cutting back a little, but i still want to put my best face forward. with crest whitestrips advanced seal, i get whiter teeth that lasts for 12 month

going to go to 60% to 75% of gdp and way under japan. consumer debt i sni under -- >> go ahead. >> you just finished saying that the irs is fully equipped ot fully equipped to go after them before? >> i don't think they're fully equipped to go after them now and they definitely aren't now. i'm sort of saying they have been sort of released from, perhaps, what was an administration -- >> hold on. jonathan, i'll let you comment on this poll because it's very telling. a new gull gallup poll who do you trust more? the irs or the federal reserve bank of the united states of america? who do you think they trust more, jonathan? >> that's so hard! >> perceived to be more trust worthy than the federal reserve bank of the united states of america is the irs. i think people understand the ponzi scheme that was the banking scam that ended up at the federal reserve, where we basically took the ponzi -- bernie madoff -- >> yeah. . the fed was the greatest tool. >> yeah. so america is a sucker for the banksters, right? the ponzi gets stuck with the fed and people look at them, no, the fed is a facilitator of the ponzi. the irs is putting people in jail

let's assume that the irs is going to get a portion of that once those 4400 names are revealed and 52,000 names in all. they're not just going to stop at 4400. but here is the op ed in the "new york times". the tax network estimates there are 11.5 trillion in global assets hidden and the formerly uncooperatives have rushed to sign on to the new multi national norms on information sharing. we're not just talking about the swiss. think about all the other offshore havens that now may get suckd into this if the justice department here in the u.s. and the irs continues to get tough. is this the tip of the iceberg and that's good news for the american taxpayer? >> absolutely. not just for american, but around the world. i think what basically happened -- by the way, the united states has kind of said that any of you out there that have been hiding assets and owe the irs, we'll give you a window of opportunity to come forward. we won't put you in jail, but you'll pay the fines and pay your back taxes and if you don't come forward and we catch you, you are going to jail. so that's already been p

itter was was th hit let's go he ttatoir stus ir blog to find tuout. latestfromurs hoago tehours where they said arwe e defending against a deny of service attack and th eylater said itis back wewe are continuing tofeded an r vedefe and recover what ndat. ck atwh wh aisniofservice attack? mashable says it is take out a unavailable to aiav e blto users. thdo it by doby flooding it wit external communication quifu yos if you tried to it yetetwyor da twitter yesterday, this is woul network time-out. the server is taking too long to e thats tack whnds d esbehi the attacks that's what all the blogs are wondering this morning. the epicenter says isa psychopath. and on the daily mirror, they are expecting it is likely a teenager in their bedroom, but honestly, andrea, at this point in time no one knows for sure. back to you. >> thank you. the nationals beat up on a division rival and the redskins star whiteout is the latest player to sitout practice. we will tell you what is up with santana moss. you are watching 9 news now. gó >>> here's a look at who's sell

they believe that's going to yield an additional 5,000 names. again, the irs will get substantially all of the u.s. accounts of interest in this settlement, and the u.s. is going to be submitting a treaty request to the swiss describing the specific accounts sought. most importantly the irs feels that this is basically a game changer for how they approach trying to get money that has been moved offshore in order to evade u.s. taxes. back to you. >> all right, thanks, mary. >>> we want to bring your attention to some stocks on the move. el nesto grandee at hq. >> game changer here in terms of equity calls on southwest airlines. there was a time when nobody would dare put a sale on that. but lamont goes from sell to hold. it's down 3% here today. it's the third downgrade to sell or underweight or underperform that i've seen in the past two months on southwest air. now, jim cramer just mentioned a positive opportunity in cigna credit suisse, neutral from out perform. the stock is down 3% on the news. the chinese angle is still making i think vesters nervous. gree

to swiss banking secrecy? is nothing sacred? is the ubs deal with the u.s. government another irs tax fishing expedition? we are going to have a heated debate about that. tax-free come to, keep it here with "the kudlow report." she wants to make up. we decide to turn in early. we just know. announcer: finding the moment that's right for you both can take some time. that's why cialis gives men with erectile dysfunction options: 36-hour cialis or cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment is right. tell your doctor about your medical condition and all medications and ask if you're healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. don't drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision stop taking cialis and

given their approval to the sort of general template that we're going to hear announced later this week. now, you know, whether or not the irs will be able to use that template or other swiss banks is an open question. but i would think there are people in the justice department and the internal revenue service who are planning those very next steps. >> how much money, scott, is the irs looking to get back in the case here of the ubs situation? >> well, i heard estimates as much as $15 billion more located in undeclared ubs accounts. i don't know cha anybody really knows what the right number is. i think the irs is hoping to deliver a very big number at the end of the settlement initiative, so it can demonstrate, i think both to congress, the internal revenue service and the tax law enforcement community generally that this program was a success. >> so scott, we've got about a minute left. the question is, how can the swiss government or swiss bankers say that we are still swiss bankers, and do what they have done in this case, which is to turn over records to another country's law enforcement and tax officials? >> well, the

going to be doing a lot of footwork. >> can they cut off that money? what steps can you take to do that, steve? >> oh, yeah, they'll get in touch with the irs. they'll get the court orders to cut off the money. and that might very well cut off his ability to go too far. >> one other thing i want to hit with you, steve, is we're led to believe his mom lived that vancouver -- that area. how does that affect things? >> well, i'll tell you, i don't think he's going to go back to mom or anywhere near where he believes the police are going to go first. and the police are obviously going to go to mom first. you know he's a pilot, he's got the ability to get away, but he's not going to be gone too long and he's not going to go too far. >> robin, we hear family warning -- authorities warning don't help this guy. what kind of trouble's someone in who either knowingly or unknowingly helps this guy out? >> well, if someone decides that they're going to help the $1 million man out here, they're going to find out themselves that they're going to have a million-dollar bond on them as well because they can very well be an accessory after the fact and in some

you don't have to go anywhere. pump iremore iron. >> >> bob: funny after we left pittsburgh and you were obsessed with pirates for 4 days shall i saw a tee shirt that set to err is human to argh is pirate. >> bob: low and away, 2-2. >> rob: met some of arlington's finest last night. went out the dinner after the game. >> bob: yes you did. >> bob: that was a breaking ball, stewart was late for it. the count remains 2-2 leading off the top of the 7th.   >> bob: the rockies 4, the 3. colorado won 6 straight over washington going back the last year, and 3 straight in this ballpark. joy ran valone trying to get inside on stewart. >> bob: he was with the rockies back in '01.   valone not missing by much. walks the left-handed batter. that's been valone's deal. as many walks or more than strikeouts and the leadoff man is aboard here in the 7th. now this is a dangerous match up, and jim riggleman will make a double switch. looks like gonzalez is going to come out and replace belliard, he will ba

we didn't get t go to town that often but shead yellow ir, red nails, red toenails,high heels. >> re:> i ain't telling. >> rose: (laughs) >> because her family will kw. but everody looke at her a thought she was beautiful i wod say so andhey would say "oh, she's nothi but trash." and i thought "that's what i'm going to be when grow up, i'll be trash so kind o.. seriously, though, i thought it was that looked that i liked and it seemed to match my personality because i was re outing in my personalty than i loed on the outside. so i just all me together. >> rose: dideople project on to you certain behioral expections? >> you mean wn i was little or.... >> rose: no, when you started... >> because i started looking like that? >> rose: yes. >> it turneout toork well for me. i looked totally artificial. i'd likeo think i'm totally real. >> rose: course you are and people know that. >> a lot of people said i would have done much better much oner, been ken more seriously if iould loed more. like not like joke or a chacter. but that'all right because it worked for me and it came from a serious

going to pay taxes on. it's a tricky situation, consult your financial adviser, your tax adviser, just make sure you do your homework. the irs is looking for situations like that and won't let you take the best of that situation obviously. >> you happy? dale? thank you for making us happy. >>> still ahead on "good morning maryland" -- he was the liberal lion of the senate. >> remains the single most effective member of the senate. >> remembering the life and legacy of senator ted kennedy. but first, before we head to break and get to that news of the day we go to new york for the latest business news with vinita nair. >>> there are fresh signs the housing market is beginning to rebound. a report out this morning is expected to show new home sales rose in july for the fourth straight month. this follows a separate report on tuesday showing home prices rose in a second quarter. it was the first quarterly increase in three years. >>> new numbers project a decade of red ink for the federal budget. the white house says the federal deficit will soar to $1.6 trillion, more than triple last year's. thanks largely to the recession an

go to jail based on -- >> well, 4,500 names right now and 10,000 later, perhaps? >> i think 10,000 title. >> for years, you didn't go to jail for that. can you go to jail? and i'm not asking -- >> the irs can hit you up with massive, massive penalties. if you go in and fess up, it will ka lower penalty. >> you can do time for tax evasion. 4,500, will we know any of these people. >> there's a chance. >> wall streeters. they're the ones that made all the money, right? >> this is an interesting story. >> to pull this back on the swiss bank account, i mean, this is unheard of in 2009. let's get a check on markets on this thursday. as becky and joe mentioned at the top, a lot to come. jobless claims, leading economic indicators and a whole bunch more. china had a pretty good rebound made back when it lost yesterday, the biggest one-day pop since march. nikkei was positive, hang seng, biggest move off that three-day low. repair is being done in asia why and europe. oil is up a little bit. the inventory numbers yesterday were extremely bullish, although we're now down two cents to 72.40. we were looking for a build loss of 8 million barrels in the eia numbers yesterday. 10-year noed note, 3.4

and if i were to put them in order of the most important to the least important, they would go like this. irsage debt, car loan debt, and credit card debt. now, let me

so we're definite going to raise money by imposing some kind of tax. you know t a qution of irness. do you wnt to simply tax the cadillac ans or do you also want to start by including people tat are older, onverage, thatave igher health-care expense on avage as well. are you talking about people withdiabetes, health disease, various cancers, he people that use the most alth care. they a using the st healtcare and cost the most cause they are sick. >> woodruff: there is tt question, isn't there, jon gruber? >> yeah, i think what yo have toemember is can adjust this p for the age of theworkers. employers know their works' ages. and insurers know e age of the people enrolled in the plan. so theax that is iosed on insurersould vary by the age of workersin the plan. yocould have a higher cap f plans with older workers. now you can vary it for the illness of workers. but member, in this new rld we're moving towards with rerm, most frmwill no longer pay bsed on t illss of their workersut rather just e age of their workers. o therefore if you had a cap that was adjusted bas on the age of t w

are far too important to a civil society to be let to the kind of people that generally go into government, present company excluded. [laughter] >> irs thank you sir. [applause] >> may i request a redirect? >> no, no rege reckford go have vaisse. >> you don't have authority over me. >> you may never get to the jury. [laughter] alright, does the defense rests? >> the defense rests, sir. >> i understand reluctantly but you to rest. >> i want to make a closing statement. >> since mr. madrick has the burden of proof he will go first. we will hold the to a strict timetable. if five minute time limit, no warnings. justice holmes once said if i had more time i would have made it more brief, so do it. [laughter] >> ladies and gentlemen of the jury i again urge you to read yourself of your previous prejudices and the outcries from the gallery. although i must say i enjoyed the gallery. we have heard a great deal of rhetoric from the other side. we have heard virtually no analysis. we have heard about basketball players. we have heard about the fact that there is not a free market in ethiopia. could you ever start a whole foods in ethiopia? we

to the irs. and that's it from here. now let's go over to manny crannus for an update on the ftse. >> well, we finished our top option exploration. we went in ten points higher. we've go the come out firmer, up just under 30 points. undoubtedly what this market is trying to do. the miners are softer and i think that's overall to do with the growth story and perhaps that retraction there. we have some upgrades. that's what's driving the market, really. hsbc is tripling overall earnings assessment with that. and our object session with what's going on on the property market, up over 10% on the day as they see increased traffic and increased interest in their overall potential. let's go over to annette in frankfurt. >> well, we're lm up by almost 1% here on the lunch trading session. the main gainer here is volkswagen. market rally is up by more than 7%. traders are talking about short coverage. earlier this week, we reported that short positions in volkswagen shares are increasing and probably there is sort of like some nervousness abo

if we go over to look at switzerland, this is where usb is, and this, suzanne, is what they think could be the mother lode in this big story. >> and why is the irs is they went after usb, this big -- >> ubs. >> ubs, excuse me. they went after them to say, we need to know who you're dealing with, because we think some of these people are trying to cheat our government. ultimately, ubs said they'd go along and they gave them about 5,000 accounts, information on about 5,000 accounts. the irs initially wanted ten times as many. so, it's not as much as they wanted, but these 5,000 accounts at some point or another had about $18 billion total dollars in them. these people are coming under pressure now, but this is the part that matters right down here. >> sure. >> september 23rd is the voluntary deadline from the irs, where they're saying to these people who are going to be identified, you can come forward and talk to us before then. tell us what your money was, what you were doing with it, and you might get off this without such a big deal. why does that matter? because that is a way to make these folks, perhaps, talk about all the other banks and al

daye that tune in and watch andnd listen and i'm going to ask for you to be a part of our staff.a i'll explain coming et up.es >>> now, h 1-n-1, swine flu, ir early to late april it a represented about a third of all of the news stories on television but since may 11thes hasn't even been in the top five at once.ive it is bothering me because they are saying it is getting worse and worse and yet nobody ispayn paying attention.why sho why shouldn't the media take its eyes off a flu pandemic? the great i influenza. in january 1915 and 1916 edemi epidemic influenza hit. d it spread throughout camp0 peoe kerney california. sg the mild epidemic gained strength as it passed through western europe, china, india e and the philippine islands. it struck greece, sweden, and switzerland, spain and west indies and even the arctic. the epidemic resembled typical flu epidemics affecting mostlyy the sick and elderly. in august, when the second wavi began in france, sierra leone and the united states it was ao deadlier form. form. when it ended in 1920, up to 100 million people died worldwide and anotherlion peo 400 million had gotten sick. it has been calle

look, i'm not one of those pair noise that thinks that oh yeah they are going to get the names of the people and then sick the irs on them. i'm not saying that. can you imagine, bill, can you imagine if somebody in the george w. bush administration. bill: they would have gone wild. >> said if you disagree -- if somebody disagrees with the president, send us those emails. the "new york times" would run a month long page one series and the stories about the fascistic bush administration would be under headlines the -- bill: it's interesting you mention that because in the b block after you, we are going to discuss that very thing about judge napolitano who says there is a fascistic element to it all right, now, once again we know that the reportage in america isn't fair and balanced. that if it is a left wing cause, and organized by internet sites or whatever on et left, that's fine. there is no problem with that we are not even going to bother to cover it if it is a conservative movement or organized by the right, then there is something dastardly about it. and i don't think it's any -- that's as clear as it can g

we want to do is just ask you to raise your hand if you have got a question and i'm going to go girl, boy,@@@@@@@@irhere are people in the audience with microphones, as you can see. once i call on you, if you can just wait until they bring the microphone, stand up so we can all see you, and introduce yourself. then i will answer the question, and if you could keep your questions relatively brief, i will try to keep my answers relatively brief. this young lady right here. >> thank you so much for coming to southwest montana. we really appreciate you being here. [applause] i was laid off in january and currently uninsured. my two children have medicaid right now. >> let me tell you what happens in other industrialized countries. it is important for everyone to understand that americans spent $5,000 to six dozen dollars per person more than any other advanced nation on earth. five or $6,000 more than any other country on earth. if you think how can that be, you probably did not notice it because what is happening is, if you have health insurance through your job, more and more of what would be your sal

for example, if you're taking a statten medication, you want to know at the end of the day is this going make lee me live long ir, will it reduce my chance of a heart attack. that's why you're taking the medication. you'd be surprised at how hard that is to prove. >> for everyone who has written one of these novels has something in there about saying best practices exn. comparison, we'll reward those making a difference. and, again, the problem is how will you measure it. >> that's where this idea that someone will come between you and your doctor, because of the comparative effectiveness study shows doing a stent didn't make a big difference. you as a patient say i should be getting it, but it doesn't look like it makes that big a difference. >> this notion getting back to how all this will be paid for, the greater efficiency in the system is somehow help us pay for this, or more preventive care will help us pay for that, that's not fact ally correct or provable. >> very hard to prove that. again, medically and morally, it makes perfect accepts, with you from a financial economic argument, it's tough to prove.

start of the current school year has raised the ire of board members even some that languished in auditoriums without classes. >> i told him you're going to enjoy ninth grade. the first thing he told me is that i'm not sure i really like high school. >> reporter: board members questioned why these problems weren't seen sooner. the president of the software company said the scheduling software was rolled out late and data was put in late, not until may. >> if you had a larger window, you could schedule all the students correct. >> reporter: the superintendent of county schools has pledged this will not happen again, and he's pledged that everyone should have a schedule by monday and they'll work through the weekend if they have to. we're live in prince georges county. back to you in the studio. >> thanks, derek. >>> college campuses in our area and across the nation are preparing for predictions of a widespread outbreak of the swine flu. a lot of schools send out e-mails now with reminders about the preventive measures like washing your hands and vaccinations and other encourage students to prepare swine flu kits that include over-the-coun

going to 1060. we'll discuss when and why. >>> ending the era of secrecy and offshore accounts. mary joins us now. >> caving to pressure from the irs, swiss banks turning over the names of 4,450 accounts held by u.s. citizens. the accounts vary in size and type and thene

government is not going to be tapping into anyone's banking account -- these big brother fears are way overdone. >> the government already has access to all of the information through the irs. any time you write a check, on the bottom of that check is your checking account number and routing number. also with dmv, and many of us back online. millions of americans use credit cards, our financial information is out there the and this is simply a mechanism to just verify that people's incomes are what they said they are determine what level of subsidies they receive for the government to help them purchase health insurance. neil: they do have a lot of information at their disposal, including the information you mentioned, but now, we are going to be adding to it to make it these guys on steroids, making it so that they are underwriting of our health care. that is of a scary, is it not? >> well, steroids are illegal. i do not have a problem with this. so much of our information is out there, and technology is not necessarily a bad thing. doctors are saddled with claims processes that are under arrest for them. there was a pricewaterhousecoopers study that said that doctors spe

to the irs. >> do you know what a pariah i was? did. >> they hate you over there? >> the management was always very good. goingo call the pit of despair the people in the newsroom. bill: walk around the newsroom people would hate you. >> i was walking around the newsroom one time a lady said to me, one of the journalists looked up and she went ugh. bill: they do that here. >> not to me. just you. i said that's not necessary. she said oh, you expect it. i said i do, and isn't that sad? bill: did that inhibit you and you weren't as flamboyant over there because of these pinheads mocking you? >>. no i think the reason why i wasn't as flamboyant, i mean i think i'm the same person. bill: not on the air though. >> you don't think so? no you were much more low key over there it's like the full moon came out. >> it's time to stop bragging. maybe that's god's way of sorting out the stupid people. you 8% in a car company that's been making crap boxes i think since 1955. >> something about live television though that does it to you. >> i don't care about anything. i just want my guy to win. >> president obama looked at

and checking this morning's top stories, are you going to end up owing the irs money?he was candidate obama, he promised he wouldn't raise taxes on the middle class, but now that he's president obama and the country's deep in the red, two of his top money men didn't rule it out on the sunday talk show circuit. >>> and for the 13th day in a row, the price of gas is going up. aaa reports the national average of a gallon of regular unleaded is now $2.55, up more than a penny overnight. >>> plus, where is that ac/dc music? ford back in the black. the only one of the big three not to file for chapter 11 bankruptcy during the second quarter, posted a profit of $2.3 billion. last year during the same quarter, ford posted an $8.7 billion loss. >>> we are tracking two developing stories out of iran this morning on the political front. the country's supreme leader is now endorsing president mahmoud ahmadinejad, comes just at the right time, ahmadinejad is due to be sworn in on wednesday. tehran is also holding three americans arrested after apparently wandering into western iran

abolish the death tax on the moral ground that we believe you should not be required to go to the undertaker and the irs the same week. economically, we recognize that building, working hard, saving for your family, building up all your lifetime is a positive thing to do, and we want to encourage parents and grandparents to save for their children and grandchildren. we do not want to discourage them. we would literally have zero death tax, so that people were able to pass things on to their children and grandchildren. [applause] i outlined those four because i want to show you the fundamental difference. this has been a great mistake in the last few years for conservatives and republicans. we have no interest, and the country has no interest in being a milder version of a really bad idea. they are enthusiastically bad, and we would be quietly bad. that is not the right approach. there is an honest, big government, semi socialist, european welfare state model that currently people like speaker pelosi and senate majority leader read and president obama believe in. they would like america the become france

to enforce the tax laws of the united states and conduct by ubs bankers and other american taxpayers suggesting there's a significant component of tax evasion going on involving undeclared foreign accounts. i think the irsstruck a deal with the government of switzerland and ubs to produce some information that would be fruitful. having said that, it's a significant breach of bank secr secrecy in switzerland and it pore tends for other swiss banks and other requests coming to the united states in a similar vain in other countries. >> it puts the united states in a similar position if other countries come to us. >> if another country comes to the united states and says we have evidence a company in your country or people in your country came to our country and helped our citizens violate the laws and we would like information about that we would be duty-bound to provide that information. >> what if you found that law to be completely horhorrendous, wh if it's like hitler and the jews. >> you're raising a more diplomatic issue. i would think from a foreign policy and macro level, people would bring to bear a different analysis in a situation like that than a simple case of people committing tax evasion. in

going to bring over microphone so that everybody can hear. >> assuming that we pull out of this recession without things like the irs disallowing tax deductions for warehouse department were to bring much bigger than real estate isom how long do you think it'll be before the next recession or the final depression? >> final depression? is that what we are all aiming for? you know, i don't know. i try in my reporting everyday to at least understand wt i think is happening and provide some context for our viewers every day. and so whenever i talk to as many people as i can and get as many opinions as i can from people who i've come to respect years and years of winnowing might soar space down. you see the stock market going up it we are up almost 50% from the march lows. an incredible move in a very short amount of time. thankfully in a lot of ways certainly. but i'm not sure what that is reflective of at this point. so i don't know to answer your question as to whether or when this recession is ultimately going to end. i look at the consumer as a key barometer, and people really have retrenched. of course, we go way over our skis in so many way

to choose from. more than ford, toyota, or honda. now get an '09 cobalt for under fifteen-five after all offers. andfoett ir even less if you qualify for cash for clunkers program. going from electronics to produce go on sale at just about the same time every year. kiplinger's personal finance created a month by month guide to help you get the most bang for your buck. here with some of the deals is editor janet bodner. >> good morning. >> in august you say it's a good time to buy three things specifically. discounts up to 75% on outdoor toys, school and office supplies and patio furniture. why outdoor toys? >> you know, it is the end of the season. what people might not realize you don't have to wait until november to get good deals. retailers want to clear their inventory, especially with the recession going on. they like to get rid of things. you can get really good deals. 75% is pretty good. >> yeah. in one surprises me, i would think because it's almost back to school time. they would take advantage of the fact that everybody needs school and office specialize and charge you more at this time of year. >> not necessarily. again, they're trying to bring customers

the government is now going to get your personal information from the irs because of this health-carech the health choices commissioner -- whenever that is -- will be able to get information readily from the irs about you. dave: why did they need that? >> in order to decide whether you qualify for subsidies for government health care, for almost a universal health-care coverage in this country. on one side, if there are going to be subsidies, the government needs to know what level of income you are. the law has no penalties for divulging such information to other parties. according to at least one expert, it's a potential violation of the privacy act. that means this. if the government wants information from you about your taxes, your assets, and your money, then they get it from you. this is a situation where agencies are sharing financial information about americans. it has led some people to be very concerned. if there envoy to be subsidies, the government needs to know how much you are making -- if there's going to be subsidies, the government needs to know how much were making t

going to matter that much. you give yourself an extension. the irsives you an extension. >> they are asking the allies to take the guys, and there aren't a lot willing to take them. >> there's not a lot of folks out there saying, yeah, send them our way, here in the united states or abroad. >> guys, thank you for coming in. >> all right. >>> embattled governor in south carolina mark sanford says his critics smell blood in the water. hear him in his own words. >>> and the life of eunice kennedy. who will carry her cause now that she's gone? >>> on our political ticker, the governor of new jersey is fighting for his political life. the new poll shows jon corzine trailing republican challenger chris christie by nine points. that's in a new quinnipiac poll. and corzine holds very high unfavorable ratings. 58% of people in new jersey disapprove of his job performance. new jersey's governor election is three months away. >>> apparently a democratic senator is not going to take it anymore. ben nelson of nebraska is responding to a barrage of pressure. he ha

go back down? they very well could. this is an artificial stimulus. >>reporter: the latest irs figures show 300,000 cars were donated to charities in 2005. "cash for clunkers" may number a shot in the arm for auto dealers, but charities say uncle sam put them on life support. in sun valley, california, fox news. >>> two of the women killed in a horrific health club shooting outside of pittsburgh are laid to rest. friends and family gather to recommend betmember t hundreds turned out to pay their respects. >> she was a very upbeat person. very friendly. >> because of the tragic death, of course, the church was just full. >> the funeral for the third victim is scheduled for wednesday. nine others were injured. >>> back in maryland, keeping the community fit was on the minds of everyone who helped organize today's health care in east baltimore. it featured free health screenings and eye exams, as well as handouts. people also donated their time to work on restoring an area playground and basketball court. they were hoping to keep kids active while giving them a safe place to play. >>> community activists rehab a vacant ho

ir i'd say ha hour. thesare pretty slow movers. another spot that caught my eye iisthe laer cluster of storms. back to frederickurevg an anen neer and our last opne is going to ke us up to frederick county, maryland. up here we have one more little batch straddling an0 27d this will be keeping anu 0 mpcompr the next 15 or 20 minute on . e urbana side of urbana. the numbers coming in, it till wa still warm. we have some 80s on the map. leesburg last hour is in the 90s. eased back down to 88. it is 82 in frederick and inside the beltway, we are at 83 degrees. your low temperatures tonight will span quite a big range. check out cumberland. they will get back to 58 degrees. the closest to the canadian air, inside the beltway, touching down around 68 in woodbridge to 70 in dc. 71 for leanard town. let's talk about what is going on. we have a lot of moisture, you know what this is? this was tropical storm danny, now it is just a tropical depression. it is getting absorbed to a frontal system. it is soaking the state of maine and atlantic canada. we are watching this front. this is the one kicking off thunderstorms this evening. by tomorrow, it's going to be to

ir. irrelevant, irrelevant, to the reasons why the elderly oppose this bill. what they are going in the compromise is reign in the idea of a public health insurance company shah it doesn't put insurance companies out of business. i'm glad they might do that. it's a bad thing just to have a public company. but public or private, it's still going to be subject to the same government's imposed rationing. the other thing they dual is probably increase the cuts and decrease the amount added to the deficit. that will actually hurt the elderly because the cuts are going to come out of medicare. the fundamental problem with this bill that exists in any of the compromises, is that you are trying to treat too many people with too fee few doctors. the result is a cut in the reimbursement rate to doctors, fewer doctors, less medical care. what it essentially is is a transfer of medical care elderly to immigrants who are now uncovered under the health insurance program that obama is proposing. and i don't begrudge the immigrants the care buff i absolutely do not believe that the 12% of the po