it is showing that we as a country will support our local economies and support our national economy to be able to stand behind it. melissa: okay. >> but it is important. melissa: it is such a big issue, i want to bring in steve moore from the "wall street journal" as well who has been listening in to this conversation. steve, give me your thoughts. >> hi, melissa. i'm actually pretty bullish on american manufacturing. i don't see a big decline. it is true manufacturing employment declined a lot, melissa. if you go to the average factory in america today, they are so hyper efficient and computerized but, you know, i've been, as long as i've been an economist for 30 years i've heard about the decline of manufacturing. i don't think it is as nearly as severe, by the way i agree with vincent. i like to buy american and i think it is important we have a manufacturing base. i will say one more thing on this, melissa. one of the reasons i'm very high on american manufacturing. guess what country in the world has the lowest cost power? the united states of america. the energy revolution is

say that are accountable to the british government or french government and interested in the national economyere was a lot of anger among other asian countries among japan. countries of countries. so that's the price we pay for living in a world of nation states. >> it seems like there's a balancing between short term and long-term thinking. for example, there wasn't really a -- [inaudible] that mexico has tequila prices. >> not at all. >> there's at real feedback when there's a problem caused by one country. go to the other country and the feedback to the first country. it doesn't seem to be awareness. it's time to do something. it's the way the system is set up. the national decisions have very fast global ramifications and consequences which really aren't the concern of people. it's taking decisions on national basis. i think that that is not an argument for the super national government. it's an argument is part of the rough and tumble of the national economy and the global economy. >> some of the bankers that you write about in the book saying, hey, we need more of a global government ra

. >>> today, from president obama outlined his mission to refocused attention on the nation's economy. >> no one who works full-time should have to live in poverty. >> the president gave a campaign-style speech in illinois in efforts to help the middle class and buft the minimum wage. >> in berkeley, on those receiving the lowest pay got a speech >> reporter: some people marched downtown to a commission on labor meeting. >> they want the minimum wage raised to $10.55 an hour. >> in downtown berkeley, protestors say the bay area is expensive and even working full-time, it's hard to make ends meet. >> passers by said they agree. >> people have bills and stuff like that, and it's just hard -- impossible to make it on minimum wage. >> i'm employed half-time, but when i look at minimum wage jobs, it's not even worth it for me to consider because it wouldn't allow me to live >> reporter: president obama echoed those same words in his speech. >> we need to raise the minimum wage because it's lower right now than it was when ronald regan okay office, it's time for it to go office. >> increase

economy remained stagnant and the key stock index stayed almost flat since the global financial crisis five years ago. things changed when abe took over. he found his policies dubbed abenomics would drag the nation out of inflation once and for all. >> prime minister abe rushed to implement what he called three hours of economic policy as soon as he took office. >> translator: japan's biggest challenge is reviving the econom economy. >> abe in his first arrow at fiscal spending. his administration allocated $100 billion on public works projects. abe called on business leaders to raise wages so workers could enjoy the trickle down effect of the stimulus. the second arrow focused on monetary easing. abe named the new governor of the bank of japan. he quickly fulfilled the prime minister's expectations and introduced massive credit easing measures. >> we will do everything necessary. >> the central bankers announced a plan to double what is pumped into the economy and achieve a 2% inflation rate within two years. investors responded immediately to dollar top the 100 yen mark for the first time in four years. the key nikkei index exceeded 0 15,000 points, the first in 5 1/2 years. abe designed his f

they urged them to hold fair presidential elections and to improve the nation's economy. u.s. president barack obama says army commanders should quickly hand over authority to democratically elected civilian government. he says he's directed federal departments and agencies to review american assistance to egypt. german foreign minister criticized the de facto military coup in egypt. he described it as a major setback for democracy. he called on all sides to renounce violence and hold dialogue. he said it's urgent that egypt return to constitutional order as quickly as possible. japan's foreign minister fumio kishida urged them not to use violence. he called for national reconciliation through a democratic process. >>> the worsening violence in eyipt is having a severe impact on tourism. government officials in the u.s. and britain say their citizens should avoid visiting egypt. japanese agencies are canceling package tours. japanese foreign ministry officials raised their travel advisory by one notch on thursday. they recommend that people should reconsider plans to visit egy

prosecutors there are weighing charges against deposed president mohamed morsi for damaging the nation's economy. >> as holly williams reports from cairo, as the charge many egyptians would support. >> reporter: many egyptians celebrated their country's revolution of two and a half years ago. but egypt is still in turmoil. >> today, there were more angry protests over the military's intervention to oust mohamed morsi. egypt's first democratically elected president. >> and ordinary egyptians life has become more difficult, 40 percent of the country is now living in poverty. >> umm ali has been buying her fish in this cairo market for 40 years. >> things haven't gotten better, she told us, the prices have gone up, and there is no work. >> in this middle class neighborhood, many people say mohamed morsi was a failure who mismanaged the economy. they are happy the military deposed him and hope it will bring stability. without it, one of egypt's most important industries will die, crowds of foreign tourists used to line up to see this country's treasure trove of ancient monuments but now the pyramids

if we fail, it will have a major impact on the nation's economy. >> reporter: some people are concerned abenomics will have a major impact on their lives. this woman and her husband live on a pension of about $1500 a month. she says with prime minister abe and the boj trying to end deflation she's already noticed prices are gradually rising. her husband's medical bills are adding up too. their expenses are starting to eat into their savings. >> translator: i can't sleep when i start thinking whether i have enough money to live on. >> reporter: it will be hard to find someone in japan who doesn't want the economy to make a successful turnaround. they're just divided on whether abenomics will do the trick. chie tanaka, nhk world. >>> and our coverage ahead of the upper house election will continue later in the day. we'll look at what prime minister abe has accomplished since he took office in december and highlight his plans for the future. >>> nhk world's special coverage of japan's upper house election is just a click or tap away. we're adding a host of features to our web and mobile si

to repair the strength of the nation's economy and re store individual freedom the u.s. chamber of commerce and the recently formed elite business roundtable an exclusive club of c.e.o.'s joined forces to lobby congress and push their agenda with major campaign contributions their goal to buy congressional votes to implement a corporate make over of america you had massive lobbying beginning in seventy six seventy seven seventy eight for cutting taxes on rich people. cut capital gains taxes cut evident taxes cut income taxes and the economy will flourish some of the democrats start drinking the kool-aid along with the republicans. next big business set its sights on the biggest threat to their bottom line the wages and benefits of the american workforce especially union members starting in the one nine hundred thirty s. at one targeting power or wages working conditions and benefits but instead of negotiation big business want to control. lewis powell the palm. businessman should use their financial muscle to shape the politics of the country nor should there be reluctan

. >>> new evidence suggests mixed signs for the nation's economy. the commerce department reported on monday that overall retail spending was up 0.4 of 1% in june from may. consumers bought more cars, trucks clothes and furniture but they cut back everywhere else. the decline in spending might be due to weak job growth and higher social security taxes. >>> airlines and investors remain cough debt in boeing's high tech 787 dreamliner. a fire aboard a parked 787 last friday raised concerns about new problems with the plane's lithium ion batteries. boeing's stock plunged 5% as a result. investigators say the fire may have been caused by an emergency transmitter. boeing's shares rose almost 4% on monday. >>> federal safety regulators are looking into possible electrical problems with some mercedes cars. the investigation involves about 218,000 mercedes c-class cars from 2008 and 2009. the focus is on the rear taillights that can fail and possibly catch fire. there were no reported injuries. >>> and here's another benefit for working longer besides money

to repair the strength of the nation's economy and re store individual freedom the u.s. chamber of commerce and the recently formed elite business roundtable an exclusive club of c.e.o.'s joined forces to lobby congress and push their agenda with major campaign contributions their goal to buy congressional votes to implement a corporate make over of america you had massive lobby beginning in seventy six seventy seven seventy eight for cutting taxes on rich people trickle down economics cut capital gains taxes cut dividend taxes cut income taxes and the economy will flourish some of the democrats start drinking the kool-aid along with the republicans. in the. next big business set its sights on the biggest threat to their bottom line the wages and benefits of the american workforce especially union members starting in the one nine hundred thirty s. at one targeting power or wages working conditions and benefits but instead of negotiation big business want to control. blue is the poll memo business men should use their financial muscle to shape the politics of the country

to repair the strength of the nation's economy and re store individual freedom the u.s. chamber of commerce and the recently formed elite business roundtable an exclusive club of c.e.o.'s joined forces to lobby congress and push their agenda with major campaign contributions their goal to buy congressional votes to implement a corporate make over of america you had massive lobbying beginning in seventy six seventy seven seventy eight for cutting taxes on rich people trickle down economics cut capital gains taxes cut dividend taxes cut income taxes and the economy will flourish some of the democrats start drinking the kool-aid along with the republicans. next big business set its sights on the biggest threat to their bottom line the wages and benefits of the american workforce especially union members starting in the one nine hundred thirty s. at one targeting power or wages working conditions and benefits but instead of negotiation big business want to control. blue is the poll memo business men should use their financial muscle to shape the politics of the country nor s

crackdown on muslim brotherhood leaders he's accused of spying inciting violence and ruining the nation's economy this image a backdrop of protests both for and against the ousted leader despite the beginning of ramadan celebrations saturday tens of thousands of islamists rallied in cairo in support of the deposed president is where abouts are still unconfirmed. a fresh wave of sectarian violence erupted in iraq's capital baghdad an explosion shook a sunni mosque leaving at least twenty three dead this after a series of bombings and shootings across the country including attacks in your post were killed more than fifty people over the last two days in iraq seeing a spike in sectarian violence since two thousand and eleven when u.s. troops left the country since april violence has claimed the lives of more than twenty five hundred iraq. thousands gathered on israel's streets trying to give a second wind to a campaign against the government's economic policy demonstrators came out in huge numbers in tel aviv showing their discontent with high taxes and low salaries problems the government pledged t

and then in 2012, last year, we see the national economy bouncing along at the bottom with only 2.5% economic growth in 2012, the texas economy was growing as 4.8%. i know my friends from other parts of the country might discount my remarks here today and say, well, this is just a senator from a state who's proud of the accomplishments of his state and the people who made it possible and they would be right, i am. but this is also about what louis brandeis once called the laboratories of democracy. that's one reason why it's so important to have not just a national government, but a federal government with national responsibilities in those areas the states and the individuals can't otherwise take care of themselves. and reserving as the 10th amendment to the united states constitution points out, all other power not delegated to the federal government being reserved to the states and to individuals. that's what protects our freedom and that's what creates these laboratories of democracy. so texas, so illinois, so washington state, any other state, wisconsin, can try these policies an

not just to the economy or the state, or the nation, but moving forward in a way that addresses our economy in the way we are proud of. >> it might be worth talking about the compound -- the compact briefly, maybe mentioning the principal. i know that the entire piece less than 300 words. can you describe how that came about and what the goals of that word? itin 2010, the summer, seemed inevitable that we would pass a law that was similar to arizona. the majority of our legislature was moving forward on that path. to my mind it was being driven by a very small but vocal group of people who felt that this was a priority and wanted to move forward. but the people who really run by state, who care about the state, talk to university presidents or captain of industry, community leaders and organizations, they were very uncomfortable with it, but it felt like this freight train that was barreling down the track and there was no way to divert it. every time someone would stand up and there would be profiles in courage, the police chief in salt lake city who said that he would not enforce it, that

and to words job creation and the middle class he will deliver a speech to illinois and the nation's economyay the hope the speech will achieve three goals. republicans not to create a fresh cries sis in the fall. at an event on monday, the president gave a flatteri ining preview on his own speech. here is the thing, it will be a pretty good speech. but, as we learned, i have given pretty good speeches before and then things still get stuck here in washington which is why i'm going to need your help. joining us now from washington. esra great to see you. >> good afternoon. the president is expected to give a pretty good speech. the economy are going to be a considerable part of it. i want to talk to you about the economy. we rarely get a good picture of what is going on. unemployment is at 7.6%. but there are still 11.8 million americans unemployed and 4.3 million americans have been unemployed. you talked about those who are leaving the workforce and the implications there as far as the unemployment rate. walk us through that if you will. what he is talking about in that column or in that g

this week, president obama's national economy tour resumes.obs report, which will be released this friday. tomorrow, the president will speak in tennessee, where, according to white house officials, he'll discuss his proposals to jump start private sector growth and create new jobs. however, any progress on the economic front could be derailed by the threat of another government shutdown over raising the debt ceiling. treasury secretary jack lew joined "meet the press" yesterday to call on congress to get the deal done. >> the fight over the debt limit in 2011 hurt the economy oeven though in the end we saw it go. congress needs to do its job. it needs to pass a debt limit. they cannot fix the problems created by the across the board cuts known as sequestration by cutting domestic priorities in order to fund defense. that's unacceptable. he won't sign that. >> congress has till september 30th to strike a new agreement to fund the government and avoid a potential shutdown. steve ratner gamed this out. how do we see looking forward to this strug

priced item and not necessarily maybe what is sporting not only the local economy but also the national economy -- melissa: why do viewers have a responsibility out there to buy a more expensive productade in ? because e person who is watching at home who shops at wal-mart is focused on that money maybe buying food for their kids or a bert education. why should they buy a more expensive pair of sneakers to support american jobs? i mean that maye a good goal but they have even higher priorities? >> no, definitel i think, you know, it's really important to realize, i guess, if, take the shoed model you just brought up there. new balance is one of the stories in our film which they're the last athletic shoe manufacturer in america. i think that, you know, understanding that my money is going to supply shoes, sneakers, ma in maine and, up state massachusetts. that relationship that i feel like i have an impact on that economy. and so, it might cost a little more for certain products but i feel as if what i'm doing with my dollars is something that sim packing. even the local economy. if there are p

president obama will kick off a series of speeches over the next several weeks addressing the nation's economy. the president is expected to talk about revitalizing the housing industry and expanding manufacturing and affordable health care and education. he's also expected to promote the economic benefits of an immigration overhaul. the speeches come ahead of key budget deadlines in the fall and including the start of a new fiscal year in october. >>> new survey finds companies are hiring more thanks to a brighter economic outlook. nearly 33% pet added jobs. highest percentage in two years. 39% expect to hire more over the next six months. survey finds that companies are optimistic about the future with nearly 75% forecasting economic growth of 2.1% or more over the next year. >>> this morning apple is trying to figure out who hacked into its developer's site. possibly gaining access to the personal information of people who use it. the company sent its developers an e-mail over the weekend and informing them of the intrusion. it happened on thursday. apple tried to reassure them the personal

the status quo is bad for children and bad for families and communities and bad for our nations economybe due about it? we need to innovate and invest. pockets -- ate a the federal level, we are pushing for fundamental change in the education system from cradle all the way to career. make it available to every family. as obama has outlined a plan to do that. it is expensive and paid for. it needs to happen. investing in high-quality early childhood education is the best investment we can make. level, we are so porting raising academic standards. -- we are supporting raising academic standards. this is a game changer. we need to set a high meaningful bar for students. investing billions of dollars that is creating online higher and tied to more rigorous standards. those assessments will replace traditional fill in the bubbles standardized tests. -- to givenows assessments, most schools require bandwidth that they do not have right now. at the college level, pushing new ideas to make all its more affordable because students and families cannot keep up with the costs. at every stage along

they are interested in the national economy.o, you know, quite a lot of anger, i understand, and asian countries about japan. the country is a country. so that is kind of the price we pay for living in a world of nation states. >> of balancing between short-term and long-term thinking. for example, it wasn't really in the united states interest that mexico have a tequila crisis. >> not of all. >> not at all. there's a real feedback loop. as a problem caused by one country to make custody of the country in and fees back to the first century. it does not seem to be an awareness that is time to do something. >> yeah. i think -- gap. is the way that the system is set up to read national decisions have very fast the will ramifications and consequences which are not really the concern that much of people because they make decisions on a national basis. i think that is not an argument for super national government. it is just an argument that's partly rough-and-tumble of the global economy. >> some of the bankers that he read about, i

it will help maintain the great lakes, which are a great key economic driver to our national economy. i hope my colleagues will support this bipartisan amendment that will ensure the army corps of engineers will provide timely delivery on projects that reduce flooding, protect the shoreline, maintain navigation and support water quality efforts all along the great lakes. thank you, mr. chairman, i yield back the balance of my time. the chair: the gentleman yields back the balance of his time. for what purpose does the gentlewoman from illinois seek recognition? ms. schakowsky: i move to strike the last word. first, i want to express my thanks to the chairman for saying that he would accept this bipartisan amendment and to my colleagues who have spoken about it. the decision to eliminate many of the functions from the chicago and buffalo office were done without consultation with the local communities and without seeking the approval of the congress, which is what they are supposed to do. the downsizing just in chicago could cause as many as 200 jobs lost in our area and it certainly c

it is interesting, because tim's death coincided with what was about to be the decline of the national economyn didn't hiccup at all. you had obama coming in. and sort of -- you had this vacuum in the peanut gallery and that is sort of what has happened in the washington area. people have because interconnected at a time when the country has suffered greatly. so i think tim russert has been missed greatly. >> i went to see the names of everybody i know in the book, and there is no index, which i believe is a federal crime on books about washington because that is the way we read them. we just look at the index of the name. >> exactly, you notice i have to leave to new york city, my safety was at stake. there is something called the washington read, people go to the store, look to see if they're in the index, see how they're portrayed and then put the book back, so i didn't want people to be able to do it that easily. >> but you have delivered apparently a great read because washington is grabbing it and racing through it. everybody i know is racing through the book and trading stories about it

nations. their economies are interconnected and share billions of dollars in trade. improving relations is a must. it remains the biggest challenge for japanese leaders. nhk world, tokyo. >> we will be looking at a number of issues ahead of the upper house election. coverage continues on tuesday with the first of a two-part series on the push to amend the constitution. we will analyze his plan to change the core and make the self defense forces more like a military. >>> the huge population of china traditionally spoke many dialects. they promoted mandarin as the standard. people are speaking out to preserve their own way of speaking. nhk world has more. >> 24 million people live in shanghai. the local dialect is struggling to survive. >> do you speak shanghai nese? >> no,i don't. my son was born in shanghai, but doesn't speak it. >> i don't speak it well. >> china is said to have 130 languages including dialects and languages of ethnic minorities. about 40 years ago, the goal designated mandarin as the nation's official language. school education raised the number of

national debt. they're going to screw us. they're going to shut the economy down.lower recovery and he said let's start to fight now. >> but there is as much risk for the president as there is for republicans. >> i will say that's the plan and you know it's their plan. and you've been inform to have had plan. >> thank you for coming. >> thank you. >> more about that plan than i do. trust me. >> please come back as often as he comes back. congresswoman debbie wasserman schultz and michael steele, as always. >>> up next, the justice department has joined the fight to protect voting rights down in texas. that's was one of the voting rights state, and they're trying to reinstate them as a voting rights state in effect. this is "hardball," the place for politics. [poof!] [clicks mouse] there's doughnuts in the conference room. there's doughnuts in the conference room. automatic discounts the moment you sign up. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back p

national interests. >> host: she wasn't shy about much, right? really on the economy in many ways her legacy rises or falls according to your account of it? >> guest: yes. for example, we live now in a world where it's taken for granted that capital can flow across boundaries with almost no barriers at all. one of the very first things she did when she became prime minister, she dismantled capital controls in great britain. there was a period in britain when you wanted to leave t country you would fill out a form and give you 50francs or something going to france. they had this bureaucratic procedure. she did away with that that was important with what came later. big bang, deregulation project that turned london into european and global financial center. we take all the stuff for granted, today, right? we assume this is a given. we assume that big companies should not, multinational corporations shouldn't be opened by government, right? it this is another legacy of hers i think endures to this day. other parts of her legacy perhaps haven't endured because we face dif

in addition, national economies had changes to communication technologies and now there is a global economy. on top of that, the u.s. now has twice as many immigrants in more than 40 million today than we did in 1990. and these are some of the things we should adopt and it is better with our economy. i will make my awkward move over to the chair at this time. [laughter] [inaudible conversations] [inaudible conversations] >> so okay. today the discussion is about federal immigration reform. while congress is debating the changes to the immigration system in cities and suburbs across the country, we are already in the business of incorporating immigrants. we are going to help with this into perspective and we are going to introduce this in a moment. it is a federal responsibility between many state and the miscible actions over the last two years. and over the the fact that localities are part of this. and the success of this is how it is implemented at the local level. since most of america's immigrants live in these areas, cities and metropolitan areas include industrial structures may have

to the center or the british government or the french government and their interest in their national economyso there was quite a lot of anger i understand of other asian country about japan, but countries are countries. so that's the price we pay for living in the world of nationstates. >> it seems like there's a balance between short-term and long-term thinking. for example, it was early in the united states interest that mexico have tequila crisis. >> not at all. >> there's a real feedback loop when there's a problem caused by one country, go to the other country and then feedback to the first country but it doesn't seem to be an awareness trying to do something. >> yeah, i think, yeah, because the way it's set up, national decisions, you know, very fast global ramifications and consequences which aren't really the concern that much of people because they're taking the decisions on a national basis. i think that's not an argument. i think it's just an argument that that's part of the rough-and-tumble of a global economy speak at least some of the bankers that you're right about are saying,

national debt. they're going to screw us. they're going to shut the economy down.ry and he said let's start to fight now. >> but there is as much risk for the president as there is for republicans. >> i will say that's the plan and you know it's their plan. and you've been inform to have had plan. >> thank you for coming. >> thank you. >> more about that plan than i do. trust me. >> please come back as often as he comes back. congresswoman debbie wasserman schultz and michael steele, as always 679. >>> up next, the justice department has joined the fight to protect voting rights down in texas. that's was one of the voting rights state, and they're trying to reinstate them as a voting rights state in effect. this is "hardball," the place for politics. you make a great team. it's been that way since the day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet appr

♪ sleep train ♪ your ticket to a better night's sleep ♪ >> shepard: the nation's economy performed so, thanks to more consumers opening their wallets and more businesses opening their checkbooks. according to the commerce department. the gross domestic product grew nearly 2% in the last quarter. economists had said they expected it to go up less than 1%. g.d.p., of course, is the total value of all the goods and services that a country produces for a specific period of time. it's one of those main indicators that the economists use to determine the health of any country's economy. but today's news did not effect the markets that much. wall street ended the day decidedly mixed. we may soon have to pay more to use our debit cards. that's because today a judge struck down a federal reserve rule that put a 20% limit on the swipe he fees that banks charge retail stores for each debit card transaction. retailers are calling it a victory as you might imagine. they claim that the fed was too lenient on banks when it first crafted that rule back in 2011. of course, the banks argue the ruling w

. ♪ stuart: this week president obama will again lay out his plan to fix the nation's economy. all of our problems. you dropped the ball on the economy. charles: the president is supposed to lead the nation. it is frustrating. stuart: he will help manufacturing. help housing. help students. sounds like another planned to spend a lot of money. if you get off your butts and go look for the job, you could have a stake in the economy. stuart: still on royal baby watch. you heard my take on it last hour. my take is next. ♪ peace of mind is important when you're running a successssful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. >> this is a test. stuart: i hope you didn't miss it, but i said that i was following the events of the royal baby and i asked for your take on the r

what we've learned is that top 1% can't drive the economy and the national economy without a middle-class that is vital and vibrant and growing. >> the president did take some shots a president republicans, he said they're not cooperating. i happened to be interviewing harry reid this week who said that he's optimistic that the mainstream republicans are going to start cooperating. that they're just -- they're going to be able to work through their difficulties with the tea party. how do you see that? >> i wouldn't -- he was quite optimistic and maybe that's his job and he wants to talk himself into waking up in the morning and going to the senate. i would be moderately -- a little optimistic. i do think there has been a recoil among senate republicans away from what's happening in the house and away from a little of the direction the senate republicans were moving in and more of a house, more tea party direction. i think some of the conservative republicans who are not tea party are not inclined to be that confrontational do want to preserve what the senate is, which is a more bipartisan

nation's economic progress, notwithstanding the fact that the sequester is a self-injury to the nation's economywell, martin, stay with us. we're going to go to nbc's annabell roberts, who is outside of buckingham palace. tell us what you're hearing and seeing. >> reporter: well, it's very exciting. we've just had roars from the crowds that are gathered outside the palace in the last few minutes. the easel has arrived, and they've been cheering, cheering that fact that the baby has finally arrived. we have a prince. the prince was born about five hours ago, so that means the labor took around 11 hours. the birth weight, eight pounds, six ounces. for all the people who have been waiting here all day and us journalists as well, this is great news. obviously welcome news for most people of this country. delighted that this baby has arrived safely. we understand that kate will spend the night in hospital. she will stay there overnight. no word of yet whether she will leave the hospital tomorrow. no doubt we'll will hearing more later. >> i want to read from the statement that was put out, which offi

defense and the national security, their secret budget and their uncataloged share this the national economyybe 20 percent or so of the gdp. everything else they would like to leave to somebody else to govern. they wanted a partner in the muslim brothers, they thought maybe they had one but think found out they are ineffective. >> speaking of that was it necessary for them to arrest a couple of hundred credit of the leadership of the muslim brotherhood? >> tha that is one of the major problems up front you have a message coming from the appointed president who says we are inclusive and invite them to participate and here you have the security forces raiding all of these major leaders of the muslim brotherhood, it is a mixed message which is why the obama administration is trying to use that as a kind of a way to influence events, given they have to decide on whether this was a military coup or not to abide by the american law. >> urging them not to do it but they went ahead and did it anyway, they went ahead and made these arrests. >> and it is going to be interesting to watch what the new p

clause, to my knowledge, in this very large bill, comprehensive bill, dealing with 12% of our nation's economy and growing at a rapid rate. there's no clause that allows you to separate out particular pieces. so i think that in the interest of comity, in the interest of transparency, and in the interest of better law making, this would have been better handled here in a public forum, which is why i think it's important we as a congress, we as a body sanction the delay of the employer mandate. >> you actually made me anticipate, actually, my next question, which, again, i put to both of you. because i have to tell you, if i accepted that this was constitutional and wise, i would still have a very hard time with how it was done. i mean, to put this on a blog, to do it when the president's ou out of the country on a holiday weekend when congress is, you know, it's clearly meant to deceive or diffuse, you know, political tension. it's disrespectful to people who have an opposite opinion. it's not worthy of an administration that considers itself transparent and open. it doesn't mean you have to ag

lauren: the backbone of this nation's economy. still hurting or recovering? a first-hand take with robb hilson in minutes. adam: how much did the pilot experience have to do with the crash in san francisco? the new push to reveal pilot records and reviews to the fine public. lauren: the muslim brotherhood rejecting plans for a new objective. cutting back financial aid to the troubled nation. adam: we want to check in with nicole petallides. nicole: so far, so good. here we are sitting at 15,307. we are looking out five of the six trading days. it shows you that the run has been a good one. the tech heavy nasdaq, the tech really glad yesterday. a couple of pieces of news that we did get, talking about customers being a little more scarce than they had hoped, we saw the imf cut its global gdp forecast. they are saddling it. whether or not they may be looking at fedex. adam: thank you very much. see you in 15 minutes. the fdic is proposing a raise to the bank leverage ratio to 5%. that is higher than that 3% level required. they all have a 6% leverage ratio. the