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in jua w minutes w that is ing to fect youren if 's going tocleaout, or it's ing stay on stmy . back to you. >> thank susa >>> the state is losing money, and that s it's going to haveo make some deep cuts. vernor martin mallis going ppose some $300 ion in cu xt fore e board esmates wither hundremillio more folland it's ing tohit yoright where yolias state cuts gointo mean f seices onall levels. abnewsroosevt wich has more >> report: when you ti you wah other s thhard wo. garbage y in ron e' bey heights ighbod actual smoothly, unlikeother parts of thcity where hiccups inserve usedsome oble. trash pi whanged from e a weekin ltime ty to st onca we sa money. buththe ate talkg out ng ay mmoney fromthe city, folklike white nd whatis nex >> atill happen. wedot have e ow ouhere. likei sa soth be cu >> porter: e governorsays e ate s ut millioincling ate funds th go to citi d unties. ciand coty leers are rectanto y whatey'll ve to cut when mes to sees, but they're ready making ans. >> havealadgiven r agcye rgetof 5% we know thate'regoing to it. >>itotmething that e rwd to necessaril but i

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was ing in kansacity he came backo stp for s cousin rni fayor. he h a kwu-anansw piod.stout hi bk whh harecently comt. i thinhe wasthrilled by the idea a y pern reis bookhahieyesit up. after the ne cferee, he came ovetoe and tke about , n minute >> dide sod e me way >> hdid d he was genui inreedn what i had to say. i ink th's the mark of ccessf joualist. it's certain what d to h suess for so long. hat's an inedible story. >> iwas n. a realooguy. >> cing up, bittking joer >> stay tuned, "mning papers" next. aouncer: "world ws now delivers yr "morning pe." >> mony mniaper i'ju ting to imagine 1 ll thaweng wh th fir story ah, 1, i he an gency.thers in mobile crashed outsidnt house. lookt that. >>h, wow. >> the oscar mayereir mobi crashein wisconsin. you n see some le llow chunere a nute. those aracly pieces ofhe n. >> i thoughtt s must like mustard ie trk. iacally broke the fodation of the e an caused sious lem. paly whoev w drivi thinobe was trying to tu aund the dveway d calcuted wransed l kis ma. e person w cled in at first ght the driver was drun rently ty coul't qui g

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thehinese government says they're ing to keep up the veryeavy stimulus spending that they've been ing. then i thinke'rectually seco behind non-japan asia because we areoing ever so much to promote growth here. europe, i thk, and japan i think, lag behin they're doing less. and they're much slower to correc t problem of rising labor costs. that is painful herehen we make the cuts, but it positions u to be mh me competitivglobally. >>uzanne: stu, i think we have to leave it there. ank you for jning us. >> always a pleare. >> suzanne: my guesttu schweitzer of morgan private nk. >> paul: ting its cue from vancing world markets, wall street opened high getting more traion from brokerage grades on caterpillar and harley-davidson. at miday, the dow was sporting a 71 point gain with t nasdaq up 16 pots. progress in rescng c.i.t. from bankruptcy was a positi as was growing optimism abou corporate earnin. it all added up to sid gains at the fal bell. >> sanne: a government watchdogeport says the total cost of e government's oubled asset program or tarp could reach $24 trlion. that's abo $80,000

so attte the change the ing crisis. alg withgher gas ices.n averag prerty valu located in or near adownto tend to re better than t rbs.>> all hegrntof e city read ouov the lascape, that s we at was not rm annow at we're seeiisa rern e noal thwe had fore. >> rte the best walkg citi the u.s.? n frciscoston, annew york the rst? s ves okma cy. walkscorco yocan find t ur owcity, ev your owme's waability, mply byputting ads. walkore stmultiple advantages from sing weigh because you walk moreto spending less on gas a r beuse you may not need to n e. lisey vi abcs. now e foreca certif baore's mo acte by weatr rate d maryland'sost weul doda a ttle mune rain head oury? >> st a le bi yeah, we're getta litt bit so far and wemay t a le re tonight but don't k 's going to bea jor rainmakefo toni >> . which unrtunate. coulus. buartspe wod lio se the it sy away. inhe alnac,e'oong athigh o87 degrs day. anovernight low of 6 that is abe normals are . and just a littlebiof pripitation cily the, just out .0ofrain. right nooutside th e looking little da. we'rnot ei

do i think it's ing to be partisan? probably not.cinating political problem that republicans face in health caand that it sort of picks theirwo favorite children against each other. lower taxes and smaller government everything about hlth care ggests that you can't have both. ifou want to control health care spending in a major way, you have to centralize decisn making and that eads to bigger governnt. the problem with that, the republicans ce is that they don't quite know how to choose between these two this d so i think at the end ofhe day, the republicans are going to have hard time signing on to any health refor package because it's going to have to involve some higher taxes and it's going to have to iolve some centralization decision king. so whilehe democrats, partularly bk us are trying to com up with a biptisan solution, you'reoing to see republicans perhaps the ones and twos voti for thisthing, but at the end of the day, it's going to be the democrats taking it over the line. >> thether topic this week, the political shocr t

mike, here is th ing. first of all, we want to absolute look into getti jo hold on tohe cas you have. because you are unemploy. don't be too aggression bif paying off the credit card. pay the minimum. once you getack to rk, here is what i want to youdo. right now withr current plan, it wil take you the long time, my friend, 15 years, one month and $9500 ininterest. too much. here's somethi to motivate you. only another $200 a month to your highest rat card and three years,ix months 300 in interest. what do you think? >> well, that's wt i'm going to trydo and worki with a woman now trying t find a job. i to getne as soon as possible. so i -- soun like a course of action that i'm going to pursue. >> yes. mine, mike, eer th thing. john, when yo-- when you don't ve the income, it is hard to gofter the debt. ke, when he gets that job, that is when he can go after it. >> this period of time now where he is temporarily unemployed, this is the one where you are treading water and requis you to make the minimum req

>>we imagined this was ing to happen. itas going to be an derly progression to the moon, moon longer, to mars, mars longe, then whater is next. whatever technically we could d ut it didn't turn out to be that way. >> even by the second on landing there were articles in the newspaper wi man on the stet quote sang you know, is kind of old hat. it's not likehe first time. and i read those today and i think you g to be kidng. you were boredthe second ti we landed on themoon. >> suarez: therwere anoer five moon landin after allo 11 but nasa budget began shrking. still the spe agency did not lack f ambition. nasa lnched the space shuttles -- i was later ollowed by the hubble space elescope and the brilliant imagest captur. roboticovers on mars sugsting evidence of water ere. and the international space station. but six years after the columbia tragedy and wit the shuttles pending retirement, th expense and risk of manned ace flight is very muchon the table ain. president george w. sh set goal of sending men back to the moon by

ings in the fray. oil below $63 a barrel. coco losing justbout 2%. they're all these conrns that rhaps the president obama administration will comen and speculative trading coming specifically to energy. joe, how do that impact what you do for a living and howou do it? >> it impacted the market early this morng and probably sent it $2 lower once the ne came out, news hit the tape oil rolled bk over and down again. it oked like it wanted to stabiliz a little bi m talkingbout the l beta names the space. if the tc will strict the nuer of oil futures contracts that any entity may hold, there's still geinenergy expore somewhere else and looking into the names and theye going to try to craft the exposure there, serves, integrated n, whatever is. they get the exposu. oil futures right now you can' look at them and look at it as, be flat. >> make the jump. say that the regulations g into play and this aect iis lik of theung, the uso hold the futures. we were talking in the green room ior to the show to create a floor for the ets because they're like only so

ing on when i'i'm elelinlow can be like e a rollercoaster.s at times feelel le e myody iselelng me to do one thihing.. and, my mind, my heaeart telling me to dodo somhihi else. managing my highs anand lolo is super important. with my contour meterr can personalize mymyigigh/ settings so i it relylyoes micromomanagwhwhe my blood sugar neneedtoto b i'i'ninickonas and never slslowindodo isis msimple win. you haveveuestio. who can give you thefine where will you find the stility and resources to keep you ahead of ts rapidly evolving world ese are tough questions. that's whwhy we broroht together two of the momo powerful namames inhe industry. inoding morgan stanley smh baey. re to rethink weal management. here to answer... urur queions. morgan stanley sth barney. a a w weal management firm with over 130 years ofof eerience. >>> there ar a lot of things that could be consered news in this world. >> but there e only a few story that is make u say -- >> no w! >> n way! >>ind of a special edition of noway. o of those stories is "bruno." the new movie

tavi back to this cellent ing. talk tome aout excellence.is clear th you are head and shoulders above anyone else in the wrld of music. th is my assessment. it you are head and shoulders ave everybo else. talk to me aout how we who are not prince can aspire to the lel of excellencehat you portrait in what wo every day. >> erybody isalented at soething. that is wha mkes the world go around. we all need each oher. it is about good mentoring and techers. i d goodeople around. the other thing that i have to point ou -- w can i put this. my fatheras so hard on me,i was never go enough. was almost like the army wn it came to music. that i not even clos to what i am doing. he would play again. i could heart. by drummer is the same way. we learfrom that. weearn from being show it does not just come from books and reading. we need be shown. it is having read the good teachers and a bar th is so hi. tiger woods and we cod go on and on. >> you talked a cple of times out your fther, which you do not don public. do, everythg aut you is lov you create lov

absoly one caleave without ing soing wet. neighbs in eir homen join thfestivieby suing ter outheir window the owds . a ouof youngsters ban t ray themse. everody got inedn th fun. th all haenedh e war fr e re foun ok what 's rned intonow. >> imaginat on charles stre.>> a greaea, when it reaches le dit wh do you say? lego >>e ress even efctg r chdren. ay wus. how ondalo joput isyounchin action. w thwhole family iselping outs. yoknow what i lo abt ra bran crch®all th delicirais i kehe crunclake and e grana clte you knowthat's why its runc on there. yeah, raiss e bere "cnch" on bo evenanmade it befo "cr." aht look ahow bi the wo "crunch. i an it judonates the box. i theoxecausein t me of thed... "kel'sis "ello," ke aritish gin"eo goveno" the y ingreds, one grt combinion. raibrruh®! ♪ fr ogg! >>welce back. m jamie stel. >> i'm meg gle. thank you so for joing us nday morning. at y sawe starwith the top stories? >> atfirst theyhought it wasanandod ho but one persisdeadonrt a fiterstried toight th fire south ltore. > esof a caur sold

he's just ing. oice) no i not! (sighing) d has betred m (annouer) kele, os brgs 1fioptics igo home d ywih now, you n t a coaq mini neook. stay shiing, hand andaxes. th fios, y'll get rar-shp blazing intne d tal-clear phone servic l for ju... sign utoda call the verizon center fo cuomers withisabie at00.9006 y/ and r a mited timeget incredible comp min to get tost of youfios ierne get it all toghe with a gre dea on fios tv teet a phone pluset aree compaq mintbook. just payppg, handling and t. call the vizonenter customers with disilit at 8.974.6ttv foreime runs out onth astishingff. >>welcome ba. there'no doubt aboutt. mes are torighno we're all cuttg ck w w can one ar a loofou are ippingis yearthe ly vation. hover, there some fun things g on in baltore county. so ttell out ee family n ltimore coty isjill ferg. thank yofor beinhere. plea. >>everyone lovethe wo ee. at isfree family fun? >> free faly fun in baltimo coty is a listing onour we visit,of moth eve attraction concer, outdoor fun for mili to enjoy is suer ro

now wall streewants proof that ings are actually improving. the bottom le for stock investors is buce your seatbelt. the market could be inor a bumpy ride. erika mill "nightly business report" new york. >> paul: tomorrow, strt critique gst david garrity ins us for an update on tech earnings. >> suzanne: the's a new leader freddie mac, the mortgage gians third c.e.o. this year. former putnam invements chairman charl "ed" haldeman habeen named chief executive officer. his predecessor, john kosken will returas freddie's non- executive chairman of e board. haldan is expected to begin his new job next month, afr the compy releases second quarter results. >> pl: it looks like cost cutting mos are perking up results at starbucks. late today, the coffee giant said it earned $15million or 24-cen a share in its third quarter. thateat expectations by a nickel and revsed a loss from year-ago. starbucks shares ended the d at $14.69 a are, but jumped 9% in after hours trading. euquu >> suzanne: here's a look at what's happening torrow. >> suzanne: tonight's

at the alt lann tick it was a combination of editingong form work and ing... i ded up as a bgger on theagazine web site and doing pundit tr, i guess you could sa >> rose: (ughs) yes. a lot of peopspire to that. how d the "new yorkçimes" get terestd? : they... well, they got in touch with me... what is it, now? it's july. theyot in touch with me during the winter. >> rose:hey? who calledou on somethi like that? >> well, i met with ay rosenthal and david ship by, beth etors on the op-ed and editorial page. and then we lked and a month or so later we talked ain. >> rose: is there some sapphire chair tha bill kristol a now you inheritd? ishat the way it goes? the same way... a foreign picy chair that freedman now occupys? >> i'm trying not to think abo that way. and i ink that ey... certainly my editors are very resistt to thinki about it that way, at there's a conservative slot at t "times." you know, ihinkunquestionably iffer a se of political opinns somewhat different from the restf my colleues on the page but i don't think th that's... don't think it's healt

ware all called for great ings.lways believed god haa great column imy life, but i was too afraid to answer it. i felt i could not commit myself because i was rt of what the world standardwere. that is what i was living in. i never worry about that. never think abouthat. i think about where i am today and i think about each day and i say ank you. i try to continue to go forward and do the things that are important to me. a lot of times,e think -- especially men. our egos run ld about how great unsophiicated we are, what we loo like. itis all in security stuff. i realized that. i realiz what was really important more than anything. that is why i think hat is whate have to do asman. think that beuse we make millions of dollars, live on top of the hill and nobody can stop . tavis:you have used the word a uple of timenow. that ishe. "call." -- that is the wo "call." o of referenced --ou have referenced th you were running and you have finay taken off your running shoe what do you understnd you're cling to be? it w not t

>>verall, ye if you just lk nuts and bolts andhat sort of ing, yes. this department has bn well funded historically by e congress. the president himlf putn another increase this year even in t wake of where we are ecomically. the challenge for us is how do you makeure that everybody just simy doesn't assum that the federal government going to takcare of this. because if that's everybody's assumption, weill not be as safe as we ought t be. >> rose: one of t vulnerabilities, as you well ow because of 9/11 sdy commissions and othegroups have looked it into it was the lack of coopetion between all the agencies responsible for national security and national securi related issues. have we overcome that vulnerability inerms of coopation, in terms of sharing ofnformation, in terms of everyby on the same page? >> orall, yes. and, again, i go backo the same analysi do we have better tel gathering and sharing and coordination and cooperation than before 9/? absolute. >> rose: c.i., f.i., everybody else. n.a.? >> c.a., absolutely. the whole alphabet soup. yoknow,

it is aquestion of ho do we judge ings. i could have mathematical proof that b and c a d, case clod. i think i would have evailed. othelike me. charlie: do you believe that what we went through with all these mortgage-cked securities and catastrophe that it led , that it simply was a glitch in securityayings. >> i think so. >> charlie: explain >> companie wereutting togeth in pools, rtgages. and then selling tm off to invests. they were dividing these up to in trenches by risk categories and selling t separate ones of then placed in othdos and -- c-squared. it g very complicated. thenhen the whole system blew up, it was a mess cleing throh the wreckage. people are naturally dismad by at happened. but i take that a something like the sinking of the titanic. engineers when they buil the titanic they we in a rusho get it done, they used the wrong riforts. they have -- the captain was going through iceberg-laden waters. there were his takes made and mistakes bpeople in a hurry o were that' how we improved. don't think we have a

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we arnot ing the ha th raatiol cooling. ght arnd 60 deees. if u'relose to thit willbemorelikethe mid-60 withtemperatures warming to the w 80s. we have a low prsure systemth iswhere the sterly ndare comingfr and that wre the cloud cois cong fas we. ardeg with upper level gh. thatwill be pushg its way towardthe mid-atlant we th is e the chce of inomes io pl. we denite need at rain. oulduse a littbiof rain. loo we'll se ance of it ery dath week. it comes intoplfo tomorrow we'll build cover r. tomorr mng'll stay dr a ight chance of showers tomorrowafternooand en the chance ofwe will contue build thh the week on and off every day until iday tonighwn to 60 degrees. a little rmcloser to today. a ceofafrnd eveninthderstormcome intolaand stays the foreca prey much ek. you exct highs to be cooler onuesday warmback up wednesdainto thay. a chance of way l thway thugtil e end of the week wihighacng the mid-80s for rd and sunday. >>> a ninega adtrip is extly whey t need. they were becames under 0 inthrst half. toy trng td the p. white soacticallgive it awa

do you agreeeet't's ing to be a slslowmove. i i think it'ss ing to be choppy. i i ululd e this weweness, if you're notot fully invested to y stocks that h hav great cashh flow. unwsthihingthat is surpririsi,, dididedend yields arare so highh yields onbobos a certificatete ofepepits so low. so youou c r rlly lockn a good return from c chh flow a wait patiently while uu get paid and until the price appreciation cycle comes back. >>>> di i nt tododo that with individual stockcks or dididen paying etf? how do i w wan to takeadvantage ofof tse divivenends that's aooood popot.t. >> i definitely y thk k u wawan to be in stocks. i think youwant to be in some therecession-proof b bld ununtion, add see of the higher growth stocks a this susumm cycle startrts to wane, u'll be ab to bubu good values. i i thk it's going tondnd up t be a prettyoooo year o pa >> oil downn12%nn acocole of trading g ssssio here.. what do i w wan to ,zachchar do you think t ts s isa movemen that yououant to get on the sidelinene becacauswewe may v ver well continue tsee oil trade down. >>>> oil

it is the closest ing we've got to an ivortower. once they'een on the court they never have a normalife again. to what extent should we expect either sotomayor hererse o othe democrats who o ardedending her nomination to make the c casthth ovtltlit is better to have some racial l dirsrsy on the court because ththcocourhas to make decisisnsns f a racially diverse nationon >> you k kno t t person i acalallyhought did a nice job b of handling this queststioofof you know, sessssnsns wt so far today as to say, empatat t towds onpapartis prejudice towards another. ththat a pretty charged statement. cacauscertainly empathy as it's being construrueded bobama and senate dememoctstssn't bias. it's'sotot pjudice. it's saying, how d do inin play out t inhehe wld? thought that senator k klochchar did d a cecenice job today trying to sasay,ooook. everyonene othth committee has a different life storyry. we've got differerenbabackounds and exexririens. thatat dsnsn'take us biassed. itit mns we come together anan bring ththe alalthf our exexpeenence

they've been in the hospita and they aren't ing to just

>> there is ing to be a scramble.ca think of sort of t availability of cdit right now as a game of musical chairs there are not enough chirs for everyone that wants one. if cit pull i its chairs out ere will be more mpanies hunting fog for the availle seats. >> lehr: are there big competits to cit already there. >> there are some. many of the major bank are this business of roviding funding to small businesses. wells fargo,ank of america, jpmorgan chase, ge,eneral eltric, its financing sub siary does some of ts work. american exprs provides small busines loans. therere a lot of other companies thado it but aga, the problem is right noif you take a big chunk of this that away, there really in't enough money to go lirnd hz benjamin ppelbaum, thank you very much. >my pleasure. >> lehr: and finally tonight, the future of book publishig in the digitalge. ray suarez has o media unit stor >> suar: when you hear talk about the ok business, this isn't what most readily mes to most people's mind. but, more and me, readers are t

ing judged, ridiculed,d,owow chchain can one take? maybe now, michael, ththeyilil avave u alone.ometimes we just can't sesee it or understand it,t, b i iwill be madadclcleaus to when we reach that ultimate,e,ltltime ward of being in his p psesenc and michael, y y'r're ere. you're right therere u have finished your w wk k he onarar and the lord has calllled for you to come home with h hi so i t tnknk y, michael. i thank yoyou r r althe smiles ththatou placed in many people's ararts i thank you u foeveverhing that you've done for otothe a aoss this globe in the e lo's's ne. anand have one request, mimiaea, one request. wowod like for you to giveve o brother, my twinin bthth, brandodon huhug r me. i love you, mimichl l d i'll miss you. >> i i tnknkou want to say sothing. >> i just want t tsasay er since i was bornrn ddydyas been the st father you could evev imagine. and d i ststant to say i love him so much. >>>>e want to thank you alall r vivingy brother and supporting ououfafami. thank you and d odod nht. >> just before w we , , ere will nevever a ather michael jackson. s s mucal

and so i don't thihink it's ing to be e meone politics, in the publican party.morore like to be someone way y outsidof it. >> again, just l look atho were the lastst threeosing vice prpresidenal candidates, joe liebman, john edwards and sarah h lin. that's quite a g group. chard lffe, we're out of time. thor of "renegade." always a pleasure. also, the real v vtim inhe palin reresignatn -- tina fey. and the alaska legisislator o ran ththe troorgate inveigation. and ththere's ch more to those t.e.a. thihis, likthis one in jacksonvnvle, flida, area. ye, no nut jobs here. worst persons ahead on "countdown." lookokat bones ey're inside you just becae doesn't mean they're otected. , ladies. let's say yohave osteoporosis. dodo you could be losing ne strength. can i get it back? (announc) ask your dococtor how to help treat osteoposi with once-a-montnth actonel. actonel is clinically proven to help increase bo strength to hp prevent fractures. so youanan get back some of whatat you lost. do not take actonel if you have low bod ccium, severe kidney disease, or cannot sit

>> i think that's the most important ing a harvard education delivers rightow.i also rea the rks of shakesare and learned about the structure of.n.a. >> rose: w this nd of a god anman at yale bk for you? >> in a sense. think buckley was "god and man at yale." he really h a specific... he had a very specific pointo make which was that... and this was in t early 1950s and he was arguin that yale then still official a chrisan university wasn the e hand beming anti-christn and on the other hand was proting colltivist if not to say communist values. so buckley'sook was a arion call, a defense of... yale is a christn institution and a defense of capitalism. my boowas me.... >> rose:n fact he went right to theeart on e particular ise of a university that he loved in a state whate loved. >> absolutely. but thinkhat i was ting-- hopefully semi successfully-- t do sething a little b more socialogical and lk at the everyday lef stunts and what that means r the american elite as a whole. >> ros let's talk about america then. you went on and end up at "atlantic", wanting a j

washingtonight now is ing through a convulsion. alway happens just before cngress goes into recess. lehrer: suddenly say oh my goodness. >> this is arisis, if it esn't pass. that has nothg to do with anythin th reality is th worst thing that could hppen is for eitherouse speaker ancy pelosi o senate democratic leader har reid to bring a bill to the floor andave it fail in the votes. the fact that theyidn't bring it to the flo is not ing to be cause for, you know, greatoncern inhe nation. five out of six pele in the country hve health coverage. three out of fouof them, accordingo most polls a pollsters i talk to are satisfied. they're not thrled with it but they a satisfied with it. and that's where the psident and the case have to be made in the country. that lok, this i in the national interest. it is somethin that is biger than me personally. but at the same me i am not going to be punished. and i'm not going to come ouof this worse. but i thi that's where the job remains to be done. >> and would sayt's beause in part because he

're lookikingtt jcpcpeny y ing under.alessutut not a a strongs pepect, 8.2.2% down, nott the 3%3% t street was lookingfor. weust talked abouout tarart.t. ri, , en you look around an see the strength of f th consumr i impvement in the coconser, dodo y t tnk that's sething yoyocacan ng your h hat on? >> reporter: i'm g goiith lalarr ldsdseyn this one. ththisorning he spoke about the extra money consumererarare goi to h havcocomped to a year ago. the numbers are smler. ani i ink that's key.y. alalsowe wanttoto put an terisk on th drop iinitial. it was a holiday environment. oror ausustmts in seasonalalits. so we're goioing to let e economists picick isis one apar but itit i ssible that this number was a bit exaggerated i termss of jobs initial claims. >>>> j reynolds,s,etet's talk about that. >>an't we eny it for ten minutete can't we e enjt for ten minuteteanand say, w wgot a decent, gonnumr.r. >> i suppose. >> r repteter:t's about straight shooting, ough. >>>> n question aboutut it. >> jim reynolds -- >> no question about

speakingf lian ts is ing e coniracy rists ll have aall wi. e space cyasaapparetl erased theirst moondi b tang or it. [ laught ] realun of rock scienti overherei'llell u.me thi happeneat guleo's bar mitzh.meboy tape"ds of our ives" i >> y. >> now we hale proof tha evhat a man was on the moon. don't woy, everyepisode of "gr pains", intact. is come monday,heabc a new reality ow cale"ding in tark". this ia show on which men an n godates cplete darkne. it'sitch bckhich eliminates like physal pearan fthetn. 's an interestinea and actually getting good revws here's wt th call a eak peek. startimondy,uly 2 thre sin guysdthree sile girls together und roof. in total darkness. share their strule >>, tt you? >> watch for the stairs. >> oh! somedy hp me! >>nd the joy >> you fgo. >>et offmy, dude! >>dati i dark, mday, july 20,n c. >> what's -- whawill ey thi of xt? cheersnd appuse ] this is this ipretty good. this ifrixed rtia arts website.mpe ckson to se me tk to a reptefor th bsiteand this what you can in depth int. >> w supposed too a coupleof mov b ul

tigers brandon inge flexing his muscle against the indians. brandon looking ready for tonight's home run derby. tigers mall the indians, 10-1. at the other end of the spectrum, alex reels with a high fly ball to center. a sure home run. adam jones making it look easy. orioles fly past the blue jays, 4-2. tour de france, after nine stages, lance armstrong remains in third place, eight seconds off the lead. final round of the john deere classic shot of the day from steve stricker. his approach on 17 is right on the money. the ball hits the pin and backs into the cup for an eagle. what a shot. stricker won the tournament with the final round of 64. that's your look at sports on "early today." i'm mario solis. >>> thank you, mario. >>> looking to make a fastback? all you have to do is rub one celebrity's feet. your early morning entertainment headlines are straight ahead. >>> plus, a unique road rage from takes drivers on a journey from coast to coast and back in time. you're watching "early today." >>> well, good monday morning. welcome back. sev

families, the loveyub dinrs, the ing set. this is out of a painting somewhere. >> you have people ouof the gate be enamored with that lifestyle, especially seeing someone go out in the town, gog to date night and that sort of thing. but it comes with it when people realize how much moneys being spent. the family is awful differen thing. you talk about comparing exposure of obama with something like sarah palin -- these are two people who have placed emphasis and found aay to get it rough the credit, versus palin's's complaining about having too mh exposure. so i tnk there are posives and negatives. >> i thi in russia, he had date nht with his wife -- there are only soany hou th leaders can meet, and i thk those international meetings ought to be left to a lot of th businesses instead of familyravel. >> it cannot be a good thing to have an ime of his dghters playing uin europe when a lot of familieat home are thinking abou their kids. i want to ask you, what is it in our natiol psyche that we ne to grieve, from other tertainme

you have republicans ing to vote forjudgesotomayor.publicans ought to do is not get preed along this. don't do any of the sagery thatas done claren omas. but what they oht to dos lay out judge sotomayor'srecord, especially in thisarea, if you will, of racbased justice. the firemen up the in new haven were denied for a long timepromotions,simply because they were all white, or one spanic in with tm. and i thin what the republican party ought t do islay out the caseoes judgeomayor beeve race should be taken into considetion in hiring and promotions? and racial preferce are they acceptab? you get thidown to a philosophical agreemt on an issue where publicans are ve rong. >> morris where doyou think judge sotomayoris most vulnerable? >> it's not so much whe i ink she's the most lnerable. it's ally where the publicans are going to overreach and swing the pendulum away fromthem. this is atricky suationor them and a very shre political onfor the democrats becaus she is a hispanic, latina oman. the republican party s madean overt outreach toth

repayments ing made. i wowoultata those resources applied to a new stimululus, understanding fully itit wldldt pay for itit y'l'll,ut would certainly, once the babankpapa back all t thimomone in fact we could pay for somemeououndf tax cuts with the e t.r.r. repaymymen.. to pat's points,s, is s little schizo. but the realititisis aresident s to step back and takak inveventy y ofhere we are. this presidedentndndstands the energy and education a a k keyto the future, the e llllar but without job creation, , ou country faces s pel l d i think polilitil l thpresident will fafacet.t. >> hold on a second,d, p.. wewe'rgogog to come back in a cond. i want to go to chuck k to's's interview with t t p predent to get the prpresenent'version of whwherhe thinks the economy is right now. >> some areas you're seeeeinthth economic engnge e tu, but what a aays knew the recessionon would be deep, b, it w w g goi l lt for a while, and, c,c, evevenhehethe economy pulls out recession, that you're gogoin to see jobs ememgigingn

and we're ing to be obsessed with this. becausif we don't get this right. else is going to work. it's that simple. >> sus: g.m. c.e.o. fritz nderson tells us about the automaker's secondhance. and what american consers can expect fm the new g.m. >> pl: tonight's market monitor says t stimulus package is finally staing to goose the economy. he's robert drh, editor of the ach weekly research report. >> susie: thenwall street's geing up for a flood of earnings from the nation's biggest banks. coming up, areview of what to expectand what investors should look for. >> paul: i'm pl kangas. >> susie: and i'm susie ghar. this is "night business reportfor friday, july 10. "nhtly business report" is made possible by: thisrogram was made possible by contributions tyour pbs station from viers like you. ank you. 7//& >> susiegood evening everyone. "business as usuals over at generamotors". that's what c.e.o. fritz henderson promised tay as he annoced g.m.'s official exit from bankruptcy. he also vowed the vamped company will focusbsessively on customers responding tohei

she didn't like ing the dull grinding work of getting acqunted with issues. people of alaska td me she was very good in the first 15 nutes of any meeting on a policy thashe cared about. aftethat, her mind would drift off. i think for heit wasn't fun anyme. it was very hardor hero governffectively. the legislature totally at her throat. former allieturned against her. i think she was just sick of the game. >>ush liaugh had this stent he issued on vacation. he defded heand said among other thin he does not think th wld preclude her from nning for office down the road and that wou include the presidency in '12. but obviously short-rmffices holders have w or at least sought the presidency, can you reallyalk out in the midpoint of a governorship without giving a coelling, easy-to-understand reason why, and then expect to btaken seriously fothe white house? especially if it was queioned, you know, qutionable to the ben with that she was being taken seriouslbefore resignin >> i d'think it precludes hetrying to run. and a person like rush limbaugh or pat buchan wield

keepep ing. thnaacp celebratiti t the 100th anniversary anannu convention being held in new york ci.. atathehe nasdaq, standard crosystem, coreicicr smsc. our market reporteters are raratecally p pced aroundththe glglob let's statart with bertha coombb here on the floloor rtrtha >> go aunun the globe, why not go jusust downstairs.. watching the p,p,regaining here ght now at 882. the s&pevels have been t the trigiggefofor selling. yesterday wewe fl l we below. and jujustarary bounced off of a key s suprt lel. ththat something that b brs watch. wewe d get higighe volumeas we move to the upupsi yeererda the bulls fdidi a little b bit ofenencoagement there. alcocoa isis morningetting the totoneith better than expected eaings and also beerer than expected top lili.. that is goingg to be the scene this earnining season. not just cost control bringigi the numbers in onn theottom line but seeing a a bi of growt or ait of h hel in sales.s. that's what the mket wants se to continue to bid these stocks up.

we are going to makeke ts s ing happenen >> l likt.t.hpresident met today with k key lawmakers in the health carere debate. in the m meengng was charlie rangel, cirman of theayayand means cocomtttt. he p prentnted pl that would tax the wealthy to lp pay f fo reformrm families making 3535000, $500,000, and $1 mililli aear would get tax r rat between 1% and 3% on theinccree.e. ngngel expects his plan wuld bring in about $450 billion i i revevenuovov the nextxt ten yea. some democrats a andven the secretary of t theealth and manseseices showed skeptpticmm this weekend.. >> the house democrats are coming forward with a aieiece o legigislioiothat includes a 50 billlliotatax increase. with a surtax aboutt 1% that starts for individuals earning about $250,0000 year, climbing toto% for individuals earning $1 mimillnn a year or more.e. can senatat democrats signonon that? >>>> ihink we're goioingo o ve a fferent approaoa. . >> i think at it's one of the eaeas at will beiscussed in the l lgg run. >> just to be precisese you're en to charlierangel'

so i understood what was ing done. and there was a reason f it. but couldn't have done it with less human killi? we leveled 69 cities. i'm forgotten howany in tal we killed. something li 900,000. shouldn't there be se proportionality? should t human race se up a.... >> rose: b was the same thi truebout the bombings in vietnam? could we have ne it without.. >> yes. i think we could have. >> rose: were you that wise then? >> n i wasn't. >> rose: was it some conclusion you'come to lat about proportionnay? >> it wasn't car. >> ros it wasn't clearo you. >> itasn't clear to me and today isn't clear... i think it's clear to me, it's not cle to mh of your audience, it's not clr to the humanace. we the human race have not established anyudicial framework wiin whi war a crimes agast humanity can be carrd out. we have se up a court, the internional court of crime ainst humanity. our country is one of the few major countries at have not supported that. i know why. ey're concerned that our people will be... >> rose: broug to the fore. >> brought to the court b

i personally a not ing to put words in mcoeague's mouth on the other side of the aisle.ure i would think she will get some republicanupport so it wouldn't matt. but aomination like that, if it become highly crged and it iortant for, say, a presidt to get someone in, it's always helpful to have those votes. as we head to these major issues that we're dealing with of energy and health re reform. i wa just up in nohern minnesota, visiting some sma businees there. some people were sing $20,000 for a family of four, an owner of a small backpac company up there that h just flourishednhis little down, and it's getng so expensive, he said hewouldn't have started the business year ago if he would haveknown how much the health care costs we eating to their bottom line. and you he that all the time. so whave to get this done. i'm hopefu we'll do it and i still think at we can easily do it with someartisan support. it is a major undertaking. 17% of our economy. other efforts in the past have iled. but we've gotten to the point now and when you look a the wasted costs and what's happ

coming up, a closer look at how the economy's ing and where it's headed in theecond half. >> susie: from gener electric to bank of america to citigrp, some of the nati's biggest blue chips posted rnings today. results are do, but still better than expected an update in stocks in t news. >> paul: tonight'sarket nitor guest thinks stimulus programs around the obe are working. he'sary motyl chief investment ficer at templeton global equity >> sus: just a few years ago, everyone w jumping on the ethanol bandwagon, but gasole prices dropped and cdit costs soared. now, ethanol is being back- burner. >> paul: i'm pl kangas. >> sie: and i'm susie gharib. this is "nightly busess report" for iday, july 17. "nightly business port" is madpossible by: this program wasade possible by contributions to yourbs station fr viewers like you. thank you. susie: good evening, everyo. the economy is impreive again. that'shat president obama's top economic adver lawrence >>> go higher in the months ahead but says thadoesn't mean the stimulus effort has failed. instead, he bieves t policy help saved the economy.

. >> okay on anoth front there are ing to be big changes fo the city of los angeles tomorrow in preparationor the memorial service tuesday. wh kind of chansare we talking about, michee? >> reporter: we're hearing some yelling and mayhem behind us as we speak, hopefully not leading up to the service tuday it is going to be ormous. as w knw, more than 1.6 million people registered online to get tic, of whh only 17,500 will get them. so the city hoping that all of those 1.5 millio pple aren't going to converge here in downtown l.a. and the city has been trying to tell them not to come here, t watch itn tv, gath with friends and watch it home instead of coming ere. needless to say they think there will be a crowd,ossibly 100,000 le, is their estimate so ty're going to need a lot of crowd control. they have arnged for a number officers to beere andthe city has bunletdgeted for at. ty officials hav contacted presentatives of the fami to see if they could pay f some of this but they have not gotten a response yet. >> thank you for that live report. >>the los angeles times reporting investigars are