that the goalposts have changed. we're going to see a lot different policy responses, and maybe there isn't as much slack in the economy as we think if we compare ourselves to the benchmarks of the past. >> jeff rubin is an economist and author of "the end of growth." so interesting talking with you on "real money," and we appreciate you coming on the program. >> my pleasure. take care. >> college graduates facing years of daunting student loan debts have options that could save them tens of thousands of dollars, but there's a catch. >> did you know that uncle sam has a program that could completely wipe out your student loan? the key is public service. >> we've got that story and much more as "real money" continues right here.

looks like he runs through the goalpost, too, so kind of a dog field goal. >> you can't blame the little, there's nothing but a wide open, green field. lots of people running around to play with. this is doggy heaven. >> oh, that's too much. >> we love a good prank and this is a good prank. >> can i have some ranch as well with honey mustard? >> this is a sweet tea? >> oh, yeah, what's happening, man? >> this is justin stewart and this is the dry ice drive-through prank. watch closely. gets his drink at the drive-through. as the drive-through worker walks away, he switches his cup so he's got a smoking cup of dry ice. and the reaction of the folks working at the drive-through, priceless. >> why is it doing that? >> i don't know if i should take this, sir. >> they're always the target. >> i like to think this moment breaks up e monotony in their day, makes them last at least. >> i wonder if it's so cold because it's hot out there. >> if they figure out what's going on. some seem genuinely freaked out. this guy might be my favorite because he never says anything. he just stares at it. i fi

. >> talk about moving the goalposts. as it happens, melissa seligmann and victor angel are also on their way to a soccer pitch. these amateur players meet up for soccer practice in brooklyn every week. the view of manhattan is an added bonus. melissa hopes to interest the players in a somewhat unusual football. >> this is the soccket. it is a soccer ball that stores the kinetic energy from play. so, as the ball plays, it stores the energy in an internal mechanism and then you can use it to power a light. so, like 30 minutes of play with the ball will power the light for 3 hours. >> let's try this out. >> right now, the ball costs that's a little pricey. otherwise, it gets the thumbs up. >> it seems a little light, so maybe it's just like a regular soccer ball that bounces more. >> it's interesting. it's got a neat texture to it. the balance, you have to adjust to. i wonder what's inside of it. it feels really cool. >> i like juggling it. it was easy to juggle cause it is pretty light. so, i haven't tried kicking it too f

that the goalposts have changed. we're going to see a lot different policy responses, and maybe there isn't as much slack in the economy as we think if we compare ourselves to the benchmarks of the past. >> jeff rubin is an economist and author of "the end of growth." so interesting talking with you on "real money," and we appreciate you coming on the program. >> my pleasure. take care. >> college graduates facing years of daunting student loan debts have options that could save them tens of thousands of dollars, but there's a catch. >> did you know that uncle sam has a program that could completely wipe out your student loan? the key is public service. >> we've got that story and much more as "real money" continues right here. nothing. here is my question for every member of >>> when you give uncle sam ten years of public service if he reduced your monthly student loan payments and then wiped them out altogether? it's something you may want to consider if you're among the 38 million americans with more than $24,000

it missed anyway and the fourth attempt bounces off the goalpost, by the way, they ended regulation andtook it out of the kicker's hands and won it with a touchdown the way a game should end. how about this one, i love this. an orlando television station apologizing for air just airing the jaguars/raiders game instead of the broncos game. they issued the scrolled message saying the nfl policy states they have to carry all jag as way games. we apologize for any inconvenience. by the way, that game went basically -- i don't know -- a half an hour without a first down. the raiders won 19-9. they went 36 minutes, bill, without a first down. >> jaguars were horrible last year. i mean they're obviously going to get the number one pick this year. >> i would like to see alabama in college football against the jag. >> no chance, no chance. >>> of course, the colorado stuff is just -- the pictures are just incredible. boulder on friday. we knew that was bad and i'm getting all the pictures from the rural town, a lot of communities have been cut off because of the roads have been washed away and b

well yes or no i think they're going to move the goalposts at some point if it's not this you know if if kerry's been contradicted he's saying if they give up their chemical weapons well then let's take it to the united nations security council and let them pass a resolution resolution and send in the weapons inspectors inspectors again to to take possession of these chemical weapons this has to be done properly under the international law. just a unilateral decision there's a couple of things i wanted to ask you about the congress vote in just a second how that might go but the other big development potential development came out as we've been a little earlier our sources telling us of a possible provocation. prost possible provocation chemical attack by the syrian rebels against israel sometime soon it's very vague obviously it's going to me strangely concerned israel. what do you think about these claims today. well remember the rebels have stated previously from the beginning of this year that they're going to attack israel this been a stated goal from the beginning anyway and onc

something which is not proved it's not confirmed in the report presented by russia a corresponding goalpost going off there will be time the u.s. is running support for military intervention in syria at home and abroad so chris take john kerry said several arab nations have offered to bear the cost of a u.s. led campaign he made that comment when briefing american lawmakers on plans to strike the water on country let's go live to new york ati's miniport ny or is there a no what else do you have to say about the arab nations the. well during his testimony before the house foreign relations committee u.s. secretary of state john kerry told lawmakers that if washington carries out a military attack against damascus on its own some arab countries have proposed to foot the bill for the entire operation america's top diplomat says the offer is currently on the table so in theory of a u.s. missile strike and being funded by arab countries an offer that kerry secretary kerry says is on the table then this essentially means that the u.s. military will be working as a contractor or a mercenary force

use the government's own data which is important so they've created a market you just change the goalposts like the unemployment numbers you know let's show the you three number which is seven and change where the u. six number should be probably closer to twenty percent for the dow jones as some people quote the market there is. the dow jones industrial average but the components the thirty components of the dow jones are constantly changing and just like they had done it just with the c.p.i. g.d.p. and all the so it's going nominees and unemployment this is done to massage the fact that the market may look like it's up but in fact there's a lot of underlying weakness i don't get back to ed miliband for a second of course as the opposition leader here in the u.k. the making some speeches this week as you mentioned about price caps on different parts of the economy to try to restore some balance and you're saying hey the nixon tried it is it was a waste of time but it in a way though if you look at what ed miliband is proposing and your criticism of it it's kind of like the bookend to the

use the government's own data which is important so they've created a market you just change the goalposts like the unemployment numbers you know let's show the you three number which is seven and change where the u. six number should be probably closer to twenty percent for the dow jones as some people quote the market there for the dow jones industrial average but the components the thirty components of the dow jones are constantly changing and just like they had done it just with the c.p.i. g.d.p. and all the so it's going nominees and unemployment this is done to massage the fact that the market may look like it's up but in fact there's a lot of underlying weakness i don't get back to ed miliband for a second of course is the opposition leader here in the u.k. the making some speeches this week as you mentioned about price caps on different parts of the economy to try to restore some balance and you're saying hey the nixon tried it is it was a waste of time but it in a way though if you look at what ed miliband is proposing and your criticism of it it's kind of like the book and to the

obviously october 17th, the next real goalpost we're facing. how should this be? 28% not sure 11%. listen to the president today on debt ceiling. >> i will not negotiate on anything when it comes to the full faith and credit of the united states of america. >> so if he's saying that, charles, 61% of people will be days appointed. >> this is a very important poll. it's quite astonishing therñ÷ degree to which americans not only want to see a connection+f between raising the debt ceiling and lowering spending but they're asking they be linked and that they are critical of the president because his position is, i won't speak about this. i want a clean raising of the debt ceiling. this is a two to one majority against the president on this. on the other threat which is to shut down the government over continuing resolution, public opinion is precisely the opposite. four to one against the threat of shutting down. so if you're a republican, and i agree with the judge about the passion and the rhetoric and stirring up people over this, you've got to use intelligence. yo

the barrier stopped a fighting vehicle 10' short of the goalposts.he practice facility is next to a test track for bae systems which manufacturing the bradley, and the goalkeeper was training at time and he called the indistant "scary." >> giants fanses can say good by to barry, likely playing his final game. he got a mixed reaction from the crowd. very mixed reaction. >> is that a standing ovation but a standing boo, the dodgers releaner wilson had some boos and some cheers and struck out two in the dodgers 2-1 victory. wilson talked of the boos saying it is their right. i love it. >> bill nye could sit out the next dance on "dancing with the stars" after being injured during his paso doble routine. the show is wait telling see if he can condition after the m.r.i. results which would be next on "dancing with the stars" on monday nights. he can tell you about the mechanism of the injuries, because he is bill nye the science guy. >> lost kids will be bummed. >> a safeway store clerk attacked in his own store. >> new security video that police want you

concrete barrier outside the earthquake complex that stopped a fighting vehicles at 10' short of the goalpostthquake practice disfacility is next to a test track for systems that manufacture the bradley fighting vehicle. the goalkeeper was training and called the incident "scary." no word on why the driver hit that barrier. >> this is sea otter awareness. this is a new otter catch that offers a first of its kind look into otter behavior this shows video from the marshes in monterey county south of santa cruz. it is home to the largest concentration of sea ats on the west coast. you can watch the sea aters live by going to our website at abc7news.com and look for oh see it on tv. it is a great place to go kayak ing. >> the abc7 morning news continuing at 5:30. >> a safeway store employees attacked inside his own store and security video police want these ugly stains are ruining my good looks and style. and good luck using that cleaner. excuse me, miss ? he's right. those are tough hard water stains, and that cleaner's not gonna cut it. truth is, 85% of us have hard water and many don't even kn

they will capitulate and come up with some agreement and kick the ball and move the goalposts down the's stop the political nonsense, make the deadline 30 minutes from now because the result will be the same. stuart: interesting prediction from tres knippa in chicago. the dow is lower as we expect, down 36 points below 15-3. individual companies in the news, strong profits, nike is a dow component and nicole petallides avenue high. nicole: a great day, 6.3%, 74. and adding to the dow jones industrial, and other retailers, to criticize the numbers as well. likely all three. stuart: a much bigger selloff if not for nike because we are down 45 as of now. ford's cheese alan mulally reportedly leading candidate for microsoft's ceo position. i own microsoft stock. here's a look at the stock price, microsoft and ford, where are we at the opening? microsoft is up, ford down a little. alan mulally has quite a resume with boeing and ford and whenever you see him on this program and elsewhere this man smiles. contrast that with steve ballmer who is more known for i am going to college outburst. t

threat of a government shutdown is moving away from the effort to defund obamacare toward a new goalpostthe new strategy would be to tie the threat of a shutdown to the debt ceiling. our next guest says if there is a shutdown, the public is likely to blame republicans. angela mcglowan is a fox news political analyst. why would they blame republicans, angela? >> first of all, jon, there is a war on obamacare and it is the republicans especially the tea party on the right that is carrying that message but however i believe the tea party in the house an boehner have listened to some of the more moderates in the republican party. that in fourth four, if there is a government shutdown, then republicans will be blamed. having said that now, there is a two-prong strategy. still with the continuing resolution on the senate side they want to add some conservative riders. that is, eliminate the medical device tax. also eliminate the special subsidies and waivers. now as for the debt ceiling debate, what they're going to do is, knock down obamacare in another way dealing with the debt ceiling debat

republicans have moved behind their own goalpost. host: what is media false balance?re you seeing in this debate? guest: one of the awkward things for the mainstream media, not the partisan media. the people who are governed by certain professional norms, as well as market considerations. they bend over backwards trying sides and treat each equally. academics and do it, too. it we have been able to do honestly and comfortably for many years. when the reality changes, when one party is so much more extreme in substance and process than the other, that is a reality of politics that the press needs to share with the public. to theoes not get public, nothing is going to be fixed. we think that there are examples of this every day on television, in the newspaper. what you hear from both sides is that the press is so liberal. or thee left comes -- left complaining about the conservative media. the real problem is among the professionals who falsely equate the two parties. host: one more call, new jersey, our line for independents. you are on with thomas mann and norman orns

market is suggesting until the end of 2014 even if they don't change their targets and change the goalposts get past tapering, if you have super low interest rates for a long period of time? certainly as far as the fed is concerned if not in various other parts of the market. what does that mean for investors? >> well, it means that in addition to the relatively low interest rates, all of the liquidity that the fed has pumped into the system through qe is still going to be there. so the environment will still be highly accommodative. so from an investors' point of view, i think it's going to be an environment that still is conducive to improving asset prices, especially in the housing market and the equity market as well. >> but, kevin, is it not true that, in fact, the market has already done the fed's tightening for it? if you look at the move in the ten-year and even on the shorter end, the jump in the five-year and two-year that we've had here? >> yeah, and i think that's been pretty suggestive of the fomc minutes for quite some time that even if they dial back, they're still very accom