o. senior economist for euro pacific capital michael pleasure to have you back on the show tonight. tell me what you think first of all should the u.s. rating aaa rating be downgraded. well so we had a long time ago and as now get the s. and p. five hundred and raise ny state because we didn't raise the debt ceiling at media like that. if we actually released. that would be impetus for me to downgrade united states because we can't work forty dollars worth of debt that we're already engaged a pay raise the debt ceiling that's at least some side released really i think if they don't read straight on this will be our spirits billionaire. so when you think that americans actually realize i mean what do you mean when you say austerity and let's break it down first we threw in a what with our stare to be if the debt ceiling isn't raised and what would it actually look like for average americans if the credit rating of the u.s. was downgraded well ok. anyway do they really aaa. and they raised a very natural way i mean they don't really believe us were. really sure. where i was. you know.

are you on the side ofn working-class families and o seniors or aren't you on theefit side of b,ig oil? saving now, they're lots of ways to cur the deficit, but saving taxpayer subsidies for big oil while anda medicare is not in my mind a solution. it makes no sense, mr. president to get a taxpayer-funded subsidb to the big five oil companies ol earning $12 billion in profits o month. they are going to earn aboutbils $144 billion in profits this year alone and say to families, you have to sacrifice even morea now, those on the other side ofs the aisle would tell the middle-class student whose family earns the medium family income of a little over 50,000yt dead now, you can't go to fede college. you can get a g pell grant fromn the federal government, but exxon mobil, a company that wils earn $42.6 billion in profits this year it needs government assistance. and they will continue to comean to this solar, look america int the eye and say that somehow is common phase deficit reduction. mr. president, there simply is no common sense explanation for balancing the budget on the backs of wor

choices, you have chosen what is for you i'm sure the best possible course, he wrote. ó or that i can tell you i am a seniorou and wishing for the extreme good fortune and still more for the ó encourage. this by our follies, -- it will be a great happiness always to carry your watch until you return to claim it.1ó have that watch no. it is remind him more than a father's love for his family and his more than a young man's desire to fight for freedom. it was his own. that lesson was learned long before. >> the book is "conscience." louisa thomas, thank you. [applause] >> now we have instructions, which you must follow conscientiously. >> so, people have questions they can come right up here for them. >> this gentleman has been taking notes. that's never a good sign. >> could you talk about norman's inspiration by john reed? >> john reed, john reed is more, norman became a socialist in 1918. john reed, there was a russian revolution that happened in 1917. and john reed, like many liberals across the world, was0 hugely inspired by that. norman was, too. so was walter lippman, and so was woodrow wilson. woodro

o. in and these are all top stories tonight across this engulfing rupert murdoch's media empire spreads to the british police the country's most senior policeman he's being followed now in his departure by his deputy over there links to check with the world scandal over phone hacking and bribery for news the world reporter who said that senior executives knew the phone had taken place. he said there doesn't appear to be suspicions. if the taliban claimed responsibility for the killings of more high ranking officials in afghanistan it comes as nato begins to hand over control of the country's problems seems to local folks is facing a huge question marks over their ability to cope. with russian security forces for the major terror plot in moscow police arrested a group of people from the north caucasus are allegedly planning an attack on crowded areas and a major transport. russian cosmic companion for the hubble telescope was blasted off in the war with the help explore the deepest secrets of the universe the radio estrada's unparalleled equipment we hear competitive in the furthest reaches of the galaxy russia's space chief now that

seniors and young children are at particular risk during a heat wave. that's why this new york city mom was arrested last night t after leaving her 1-year-o-o daughter inside car. while she ran an errand. the little girl was okay. but according to police, she was alone for 15 minutes. tonight, a heat wave fact check. are those high temperatures being reported high enough? >> 103 today in philadelphia. 108 in newark. >> reporter: it turns out that it might actually be hotter than that. meteorologists recorded the temperatures in the shade. because recording them in the direct sun would inflate the temperatures. second, can a breeze really cool you off? it turns out, hot, dry winds can actually heat up our bodies because they sap the moisture out of our skin before we sweat it out. the sweat is what we need to cool off. and finally, can just two hours of air conditioning make a difference? yes, doctors said that just two hours can give your body the break it needs. by lowering your vital signs like your heart rate. if you can, head to the mall or the movieses to give you an idea of how dangerous this heat can be, we found the temperature inside this minivan

found out from senator bill nelson, our senior senator here, that everybody is for this proposal, including the white house, but one person. that one person is in o, office of management and budget. his name is paul shawcroft. no one knows why paul shawcroft is holding this up, but every time we have finished a program, chuck, we have always had another spacecraft to go to. no spacecraft and they're ready to go but they can't get approval from this one guy. >> well, tell me this. what is the next plan -- we obviously continue to participate in the international space station. when is the next vehicle -- who is the vehicle? what company puts p s up the n vehicle from the united states to space after the "atlantis" today? >> reporter: chuck, there's really two competitors, boeing has a vehicle called cst-100, space-x has its dragon. it's going to be hauling up cargo. they want to convert that so they can send up astronauts on that. it's a second great space race. >> but in the private sector. >> reporter: in the private sector. could go 2015. now, nasa's big contribution besides using this over here is what we're talking about, about heavy lift. an

o' hair may have backed up to his fourth career win. >>> ross cockrin started the day, ross that is with a share of the lead and a major on the senior tour, that's a nice way to make the rounds. finds the bottom of the cup. there aren't many leftys in progolf and cockrin has had a plan to be a good footnote. and right on target to set up another target. trying to become the next best thing in golf history. gave him a two-stroke win. cockrin joins an elite group of bob charles, phil mickelson and bob ware as the only leftys to win the masters. >>> and 2009 winner paula kramer with a long birdie put that goes down. the winner started the day in front by just a stroke and built on it. viasato with the smooth swing to number six. she built her lead at one point. by the time she finished at 18 it was two. she plans to give a portion of her winnings to the earthquake relief efforts. >>> it didn't take long for things to get crazy on the indy. on the very first lap we're on board with tagliani. rayhol ends up where a flat tire that causes him to lose control. rayhal not happy with the assist. will power held off castroneli and won for the first

apparently he instead said, o well, let me give you the name and the phone number, which he knew from memory, of a saudi prince. not one of the senioristers. he sd he'll know -- tell him i'm here, kneel know wha he'll . and he subsequently named two other princes. all three of those princes -- and this is fact -- died within a week of each other, shortly afterwards. and there is the thought. of course all things can be explained by chance, but it is extremely interesting and full of implications, that all all three ofhem died by chance within a week of each other, and the thought is maybe it s time to shut them up. >> rose: the book is called "thf 9/11 and osama bin laden." captioning sponsored by rose communications captned by media access group at wgbh access.wgbh.org

our senior international correspondent ben wedeman and his team were caught in the mid o oaf an intensefire fight. he later filed this report. >> this is how our day started. >> ambushed by gadhafi loyalists. >> wait! >> wait, wait! >> are you in? >> yeah, i'm in. >> there's gunfire all around us. and we believe that have gadhafi's forces are doing a round-about movement. so we are rushing out of this area. you all right, guys? everybody is fine. we're going as fast as we can. there's another car behind us? >> yeah. the rebels took the town on the 6th of july. and then there's been talk today might be building up forces for a counterattack. and it looks like the counterattack is going on right now. >> its defenders didn't put up much of a fight. we came back to this checkpoint, about how way town between this town and we've been told we need to go back even further because gadhafi's forces are on the move and you can see, the traffic is only going back in one direction. nothing that way. this man is trying to get out with his wife and six children. this is the result of people not being

guarantees benefits to seniors, to a program where seniors woule get a voucher and go out and bu, private insurance company at the whim of private insurance otting health care or not.hange conrad reject that radical our change in our medicare system. the chances of them being able to maintain their commitment to medicaid pe medicaid system our seniors to depend upon it for long-term re. care is very remote. to make the conrad budget projects the program to make sure we have ton our commitment to provide and adequate protection to our families and seniors, social security is protected in the def conrad budget called social security the deficit.ered outsie social security should be considered outside the budget debate and i find more and moreo of the members are now coming to that conclusion. dem it's vocery important about theh conrad has putit forward. state rof virginia, i'm concerd about that presenting the peopls of maryland. and a dedicated workers who've dedicated their careers to help in this nation protecting our hm nation and service in theey deal homeland security protecting uss and how they do it with health services and how they

senior. ed with debt ceiling fights but nothing like this. they are private behind the scenes hair pulling. principally my hair being pulled. there were escalating ep oeds of this and getting worse all the time, this has the ear marks of the worst one so far. >> thank you so much. appreciate your being here. >> pleasure. >> thank you. >> up next, we heart the debt fight talked about in terms of peas, bad days, jell-o. stick around for the side show. >>> welcome back to "hardball." now for the "sideshow." first up, what's with all the analogy? as the deadline to reach a deal on the debt ceiling gets closer, president obama offered comparisons to ripping off the band-aids and talking turkey. speaker boehner compared the whole situation with dealing with jell-o. yesterday press secretary jay carney tried a new one. let's listen. >> we need to -- need to talk, consult, narrow down what our options are and figure out in fairly short order, you know, which train we're riding into the station. right now there are multiple trains heading towards the station. several trains have left the station. it's a decision about which train we'll be riding when we get to t

senior. ed with debt ceiling fights but nothing like this. they are private behind the scenes hair pulling. principally my hair being pulled. there were escalating ep oeds of this and getting worse all the time, this has the ear marks of the worst one so far. >> thank you so much. appreciate your being here. >> pleasure. >> thank you. >> up next, we heart the debt fight talked about in terms of peas, bad days, jell-o. stick around for the side show. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic. when it comes to relieving your arthritis pain, you and your doctor need to balance the benefits with the risks. all prescription nsaids, lik

o ther. >> 2.2 million active service members, correct? >> seniort included in that number. those senior civilians were trained, so that they are familiar with the policies. >> i was told it was anywhere from 45 minutes of trading to one hour 15 minutes. is that accurate? >> that is pretty accurate. the training was made up and most people know of a one way presentation like a powerpoint presentation -- yes, i'd say yes, and that part of the frequently asked questions, and that is where you get the dialogue. it depends on the leadership, how they aren't present, what the level is being prepared or being trained or educated, and how long those discussions go. it could be anywhere from 45 minutes to an hour and a half. >> i want to follow from hers. what were the frequently asked questions? you mentioned a number of revisions. i am curious to know which revisions they might have had the most problems with. any sensitive reaction to these provisions that you outlined? >> actually, probably their provisions were pretty straightforward because that -- th

o a bipartisan bas. we're cutting spending, not as much as we want, but at least we're cutting spending. rushnd roulette is not getting debt limit under control. this is scaring seniors into giving this cntry another blank check and keep spending money we don't have. i yield two minutes to the the gentleman from new hampshire. mr. guinta: i rise to support the bill before us, the budget control act of 2011. mr. speaker, this is about leadership and ability and willingness of this body to do something right, not for partisan purposes but for spending reductions and for the country. i hear from the other side that they are concerned about this component and that component, but what i don't see is a plan and a solution. we have not put one, but two different proposals, the one i co-sponsored cut, cap and balance is the most appropriate way to move forward, but the senate has decided they don't want to take up th piece of leglation, so we are here to compromise and work with the other side of the aisle to get something accomplished on behalf of real structural change in h we spend taxpayer dollars, other people's money. i to an oath to make sure i uphold the constitution

will -- if i'm confirms as commander o isaf, i will partner closely with ambassador crocker in his effort and great civilian team. i'll work with ambassador, senior civilian, representative of nato and other elements within the agency to do all that we can to build capacity which holds people accountable, that provides and creates systems and provides predictability and accountability within the government. it is a problem, senator. you have correctly identified that as a difficulty nd corruption, of course, is corrosive to any democratic process in any hope of the democracy. it is our very strong hope that in partnership with the afghan government, we can gt at this issue. >> thank you very much. again, i want to thank all of you for your willing to serve and your families that i know are the backbone to your service. thank you all very well. >> thank you, senator begich. senator graham. >> thank you, mr. chairman. i want to compliment the president for making the elections of each you. you are good choices about the president. this is not so much about getting you confirmed but allows us to understand how we can help you and at the someones are

host: in addition t being the senior congressional reporter for "congressional quarterly," he has written books. is the co-author o of of the allman knocked of american politics -- he is the co-author of "the manac of american politics." also "changing coue in washington." back to the phones. eric on a line for democrats, you are on the "washington journal." , andr: i am a veteran si sure happens to be my congressman. schuler is my congressman. what is going happen to us if we do not reached the debt ceiling? in for anybody who is on that kind of stuff, that is what i like to know. instead of having the filibusters, i would even let heath become a quarterback and into the situation as timothy geithner said, let's get republicans and democrats on the field. gut: the caller raises a good question, we do not know the answer. if the government runs out of money, does not have sufficient money to pay its bills, because there is no increase in the day it ceiling, we do not know -- in the debt ceiling -- we know that ere are some areas that government officials, the wte house and in congress, have said some bills will be

o companies -- we're not even talking about the independents who are goinindepeo make $144 billion in profits this year, that's somehow a tax increase yet we'll take away pell grants or dramatically reduce them. we'll cut seniors under medicare, the poor under comairksd and that's okay. well, something is wrong with that vision of america. and dwrows back up mand just to back up my point that the argument is fell l schuss, you need to look no further than the beginnive report by the congressional research service that explains that it will not lower the production of oil and will not raise gasoline prices. so, mr. president, you drive up to the pump, you pay nearly $4 a gallon already, it has a real impact on your family, has a real impact on your income, has a real impact on your choices, has a real impact on food prices, has a real impact in so many way, and yet we're still supposed to give the oil companies another $21 billion in tax breaks by the american taxpayer. it's time to stand up for the people's interest, not the special interests. it's time to end these tax breaks. it's time to put it as a revenue source into our challenges in terms of meeting our debt and dealing with our deficit. and our proposa