no other people can you know sort of change the rules at this point so the germans have to pay the piper they really in this document and these are the repercussions if you know. what in the end if you do it yourself they. are for the germans the germans don't germans don't have to pay the piper let greece go bankrupt it would be good for greece it would be good for the europe would be good for the world if greece went bankrupt and ran out of the hands of pay their bills or stop lying then you would have everybody would know it's a strong sound currency based on a strong sound economy why not let him go bankrupt there's nothing in our euro in america we've had stage called wait until you can see it is still great growth we've had carries no great growth it didn't in the united states and it didn't in the u.s. dollar ok shares and you know. i'll tell you why because of the four hundred billion dollars of debt that greece has fifty percent is held by german and french banks and those countries still want to take it so i think in the financial markets it's that simple. why should why should

to go for the germans the germans don't the germans don't have to pay the piper let greece go bankrupt it would be good for greece it would be good for the europe would be good for the world if greece went bankrupt and rosy how to pay their bills or stop lying then you would have everybody would know it's a strong sound currency based on a strong sound economy while while i'm out and go bankrupt let's listen in our euro in america we've had stage called we're going to be here in cities go bankrupt we've had carys go bankrupt it didn't in the united states and it didn't in the u.s. start ok. i'll tell you why because of the four hundred billion dollars of debt that greece has fifty percent is held by german and french banks and those countries don't want to take a second in the financial markets it's that simple. why should why should taxpayers bail out banks since when the taxpayers have to bail out mistakes made by banks that taxpayers didn't make those mistakes when i make a mistake i can i come to you and let you bail me out next time i start losing money. well you should know u.s.

no other people can you know sort of change the rules at this point so the germans have to pay the piper they really in this document and these are the repercussions are you know all right. they all have a right to it and the individual. before they get to the figure for the german the german the germans don't have to pay the piper let greece go break ropey would be good for greece it would be good for the europe would be good for the world if greece went bankrupt and run out of the hands of pay their bills or stop lying then you would have everybody would know it's a strong sound currency based on a strong sound economy well while i'm out and go bankrupt this often in a year or in america we've had stage called we're going to be in serious program growth we've had counties go bankrupt it didn't in the united states and it didn't in the u.s. dollar ok. i'll tell you why because of the four hundred billion dollars of debt that greece has fifty percent is held by german and french banks and those countries don't want to take a second in the financial markets it's that simple. why should wh

reporter david piper explains why the threat should be taken so seriously. >> the strait is where theast connects more than anywhere else with the rest of the world. one of the busiest waterways on the planet. about 30% of the world trade and 50% of the planet energy supply pass through it every year. keeping it free of pirates is crucial for the world's economy. every day they try to keep pirates and smugglers at bay. the fast boat give thems an advantage over the pirate but a huge area to police spreading from singapore in the south to the strait toward myanmar and india. this maritime patrol on the lookout for smugglers; particularly, those smuggling humans. they also want to show the presence in the important waterway to stop any piracy in the area. >> they have managed to drive the pirates for now out of the malaysian part of the strait. but the pirates still take ships on a weekly basis in other parts of the waterway. >> malaysia marine enforcement officers know they must remain alert. >> it's patrol lesson, the crime rate would increase and the maritime community would be hesit

. >> lieutenants piper and fox have decided to question laudone again. but first, laudone asks to speak to piper alone. >> i'm feeling that nobody is on my side. i understand the predicament i put myself in. at the time i thought i did the right thing going to the officers and laying it all out there. >> and pointing out the shot caller? >> right. >> and the shot caller never put hands on you? >> no. >> and you thought that was correct? >> at the time, yes. i mean, because, you know -- >> you've got to know number, dude. you know that's never correct. especially if he didn't put hands on you. here's what we're going to do. we're going to go take a walk. we're going to go talk to lieutenant fox. >> okay. >> okay? >> he's going to be mad. >> you think? >> probably. >> how come? >> i don't know. maybe waste of his time. >> i'm not believing a word you have to say. i mean, nothing corroborates with cameras. nothing corroborates with the canteen. i pulled the canteen. you're talking about you're giving them guys a $25 sack every month. well, them guys order w

so someone has to pay the piper and he happens to be the president to pay the piper. >> bob: when is last time that obama did put something on the table? >> dana: this is leading from behind. >> greg: i don't remember when he did. >> bob: i tried to explain this yesterday and i know sometimes your memories were short but you were an oil trader and had to make it happen quick. but we have had a history of this, as dana pointed out go look at it and as back as far as you want, '84 and the party out of power sticks to the president in power. >> greg: that is the problem. this is the president's credit card. it doesn't matter who the president is. the american people hate this conversation. because what they see they don't see any division between the parties. it's the same for the republics, same for the democrats. >> andrea: look at how bill clinton is playing politics with this. he comes out again and steps on obama's toes and says if he were president, of course, he would invoke the 14th amendment. if you look back to when he was president what did he do? he signed a balanced budget

piper's critical of the government. -- and several newspapers critical of the government. >> yes, we are afraid. if you want something so much, you don't give up. >> so they continue, now more than ever. they collect money to print out leaflets and banners. macedonians and albanians to get there. that in itself is already a minor revolution. meanwhile, the police officer who killed a student has been arrested, but the protesters are not satisfied. they're demanding political repercussions, more democracy, the rule of law, and a better future for themselves instead of national megalomania. >>> that finishes proceedings for today. we will you back with another "european journal" at the same time next week. i do hope that you'll join us then. until then, goodbye. captioned by the national captioning institute --www.ncicap.org--

push will bring in our brothers sisters home piper peaks march for peace we stand for peace and leave. to play a game from. it is a time of hope our time to believe that peace can come that we can and just for that we can change the priorities of our country that we can move in a new and dynamic direction that we can make this an america that we can all be proud of that the sacrifice of our young men and women in iraq a must not be undone by. the only regret. is that i didn't do it for and their families. but soon the twentieth they're the walk. but to finish up hope it's a good idea i didn't know what to expect when i got involved with the peace we stand there for peace to excite it really renewed my faith in people and humanity and it's really reinforced my patriotism activists have a lot of different reasons for getting involved but in the end it all comes down to this it comes down to the hope that what you're doing to commit the world a better place and we could maybe even save a life. because. if what we're doing could save one person's life and that justifies all the embarrassm

communication director dan pooip piper tweeted another day wasted while the clock tick and another time to compromise and reduce the deficit. >> stake are increasingly, rising by the day and start to wonder now the again the optimistic projection about they will find way they always do start to wonder what the way out might be. >>reporter: the house rules committee met late tonight looking to find more ways to slash spending hoping it will win over some members of the tea party. meeting of the republican members of the house is planned for tomorrow mornin morning. >> all right lillian reporting. >> so what happens if congress can not agree on raising the debt ceiling? tax revenue will continue to flow into the treasury but not nearly enough. 178 billion dollars in august to cover 308 billion worth of bills. tough choices will have to be made. get paid and who doesn't. we learned top priority will be paying the interest on the existing debt. >> as of tonight apple has more cash than the federal government. at least on pavement u.s. treasury department says it now has 73 billion dollars i

six months a year two years three years maybe even but in reality at some point we've got to pay the piper and i think average americans at least the ones that i thought they want me they understand the tough times are coming and we were ok with that maybe we have been living as a nation beyond our means maybe we should be consuming twenty five percent of the world's energy and maybe we do have to experience austerity and in fact i think a lot of people are willing to take that is long as we're not sitting here watching these corporations just rake in massive profits have to pay shoulder none of the burden and are able to actually influence with their you know with their financing of washington d.c. influence legislation that make sure they never touch when it comes to shouldering the burden of this must have austerity because let's hear what the president said about the sacrifices people may have to make let's play with the senate conference earlier today. that would require would be some shared sacrifice and a balanced approach that says we're going to make significant cuts in domestic s

. >> the piper twins, come on out, piper twins. >> okay, boys.n. >> you guys have to confer and come up with a consensus. >> i think the splurge is on the left. >> surge mr. left. >> i think splurge is left. >> so -- >> there. >> okay. >> "a" plus for the boys. excellent job. so chantel is the splurge they got correctly, $1,436. >> wow. >>ead to toe. she's in a rebecca taylor top that is 100% silk and has strategic beading and sequins, 295 the top, paying for the designer print and then also we gave her a j. brand denim jeans, 169. they have the designer fit that is extremely flattering. >> japanese -- >> always gets you. >> bead something now strategic. >> exactly. it's important. here we have on her twin sister danielle, the steal. it's l.c. by lauren conrad. >> it is very pretty. >> it is very pretty. >> her total is $188. this is $36 compared to 295 and these jeans, robin, are $18. those are from kmart. >> you go for the fit. if you want a similar look, very important. >> all about the fit. >> we picked up on that, the shirts are similar. thi

. >> reporter: it had a hometown foo el with bag pipers and lots of red, white and blue, everything american represented from the irs handing out audits all in good fun and then uncle sam trying to collect. >> i'm a trillon dollars in debt and i would like to be bailed out. >> reporter: the people in the crowd were decked out in colors about you some took it further, outfitting their pets. there were some who were phase age serious reality. justin is about to go to afghanistan. >> more nervous excitement than anything else. we know we are goodw. know we can survive. just nervous excitement to go and get it over with. >> reporter: in jack london square people celebrated barbecue, they had a petting zoo and activities for kids. > >> good people down here and we have good music and i will find me something good to eat like a big piece of corn. >> reporter: in berkeley the fun continues with music and people strolling the marina. many took advantage of a free dragon boat ride. >> we were like let's try that. >> reporter: whether they were celebrating on the water or land today was about family a

. >> reporter: it had a hometown foo el with bag pipers and lots of red, white and blue, everything americansented from the irs handing out audits all in good fun and then uncle sam trying to collect. >> i'm a trillon dollars in debt and i would like to be bailed out. >> reporter: the people in the crowd were decked out in colors about you some took it further, outfitting their pets. there were some who were phase age serious reality. justin is about to go to afghanistan. >> more nervous excitement than anything else. we know we are goodw. know we can survive. just nervous excitement to go and get it over with. >> reporter: in jack london square people celebrated barbecue, they had a petting zoo and activities for kids. > >> good people down here and we have good music and i will find me something good to eat like a big piece of corn. >> reporter: in berkeley the fun continues with music and people strolling the marina. many took advantage of a free dragon boat ride. >> we were like let's try that. >> reporter: whether they were celebrating on the water or land today was about family and fre

it was created to celebrate the pied piper but refers to pest control people everywhere. it's 19 minutes after the hour. ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight to the new hp touchpad with webos. >>> it is 22 minutes after the hour. here are three things to have on your radar today. the pentagon expected to certify the repeal of don't ask don't tell, meaning the military is prepared to accept openly gay and lesbians. >>> the president to discuss the on going efforts to find a balanced approach to deficit production. >>> a welcome home ceremony planned for the "atlantis" astronauts. let's go to monita rajpal. a famine in parts of somalia, drought is compounding the problem. give me a sense of how serious this problem is. >> it's an incredibly desperate situation. famine is declared when there is mass starvation. we're talking about 4 million people in somalia. th

now the piper's to be paid, and how are we going to pay it and nobody wants to pay it. i think that's a reflection of what's happening in washington. it's late in the game, driving uncertainty for all of us. customers i talk to are worried about this. i talk to customers a lot. our customers work around infrastructure. in this country they build infrastructure. if they don't see a feature for infrastructure, what do they do with their companies. if i'm worried, they certainly are as well. as soon as we get this all behind us, we'll all be better off, i'm absolutely convinced. >> let's take this and broaden it out to an international perspective and go to china which is also seeing some softening. softening for them is what? 9% gdp? >> yeah, yeah. i would love to see a softening of 9% anywhere. but in all seriousness, i think we all knew china's economy was overheated and has been for a couple of years but china's initiative to get inflation under control easterly in the days and bring it back under control, i'm all for it. it will benefit us, the chinese, our company, a

. >> lieutenants andy piper and jim fox investigated shreiber's claim, but concluded it was false. >> he pulled maes out and went in there to do a search and there was no empty containers he could have done that with. >> later, shreiber admitted to our crew the real reason he spit at maes. >> why'd you do it in the first place? >> probably out of boredom. i don't talk to anybody else in here, so i've got to have some kind of entertainment, i guess. something to do. >> coming up -- >> is that all right? >> maybe. >> shreiber continues haranguing staff, while another inmate gets in trouble for trying to get a little too close to staff. >> some people just don't know when these guys are too close and it's too late until it has smashed them over the head and something has gone way wrong. >> is this your first time? >>> during his short time at the limon correctional facility in colorado -- >> i'm not saying anything. >> timothy schrieber has gotten on the nerves of staff and fellow inmates alike. >> you dumb [bleep]. >> he says a case of boredom led him to spit on the window of another in

. >> liked the pied piper, he went from town to town. men trusted him. >> he treated me like a father and i treated him like a son. >> women loved him. >> i just fell in love. i think i knew him six weeks when we married. >> but u.s. marshals were after him. >> it was very surreal and horrible. >> now a lot of people say they weren't just his partners or loved ones, but they were his victims. >> the very worst thing that has ever happened to me in my life. >> how could someone do that? >> so who is this man? >> i was the best. and that's not bragging. that's being very truthful. >> what was he hiding? >> they're great people. i screwed them. >> in this hour, "the pretender." >> we were emotionally involved with him. he was like our son. >> ralph met the man who would change his life in the summer of 2000 in the most routine way. >> he came here, and he rented an apartment from us. >> ralph and his wife rosalie rent out a small apartment attached to their home in attached to their home near the beach in oceanside, california. but they nev

. >> lieutenants andy piper and jim fox investigated shreiber's claim, but concluded it was false. >>e pulled maes out and went in there to do a search and there was no empty containers he could have done that with. >> later, shreiber admitted to our crew the real reason he spit at maes. >> why'd you do it in the first place? >> probably out of boredom. part of it is just boredom. i don't talk to anybody else in here, so i've got to have some kind of entertainment, i guess. something to do. >> coming up -- >> is that all right? >> maybe. >> shreiber continues haranguing staff, while another inmate gets in trouble for trying to get a little too close to staff. >> some people just don't know when these guys are too close until it's too late, until it has smashed them over the head and it's going way wrong. it flows with clean water. it makes its skyline greener and its population healthier. all to become the kind of city people want to live and work in. somewhere in america, we've already answered some of the nation's toughest questions. and the over sixty thousand people of siemens are

i've talked to lieutenant piper. and we're not going to make that move.house with him. we're not going to keep jumping every time you want something done or threatening us. >> i haven't asked for anything. i've been up there 21 days and haven't asked for any of that. >> i've received 12 kites from you to house with graham. lieutenant higden has received five letters from you. requesting about inmate graham. >> there's no way there was 12. i sent you more like two or three. >> irregardless. basically, you've been trying to dictate everything since i've been here -- >> ma'am, i'm not trying to. i've never been to seg here. i'm coming off eight years of antidepressants. i've received further bad news from the outside world. it's always something. it's been just a little tough for me. >> you're not unique. >> this is not something i'm used to doing here. >> weir has developed a reputation among the correction staff at limon. >> he's always around. always has something to say. something like that. not insulting, necessarily, but very victim-prone, i would defi

which are obviously staged where there are men charging over the top of a trench, and there's a bag piper down if it had been the real thing. >> in terms of the current situation, one of the lessons of vietnam political leadership in this country was that the draft was a great obstacle to the independence of the political leadership to wage war when it chose to do so. as a result of this, we do not have draft, the draft really -- once the draft was extended in vietnam and encouraging others in america to say, no, no, we won't go, and it brought the war to a quicker conclusion. in the current situation, post-1974 when we eliminated the draft from this country, we now have given greater independence to the political leadership, democrat or republican, to pursue in a more limited sense, not in the mass warceps, but in a more limited sense to pursue wars without a draft which really has made littled war more possible with a tool of american policy free from political pressures against, and in a certain way we moved beyond your notion of war's the great voluntary enthusiasm of 1914, and we've

because i tagd along for a little bit of sarah palin bus tour and you had piper palin, i don't know if she was joking with reporters or not, saying thanks for ruining our vacation. it's a family, in your own experience as someone who has been around families under stress, what is your sense of the toll it takes and in bristol in particular, what lessons she's learned from it? >> well, i'm not sure she learned the lesson. i had to kind of push on her a little bit on this. because what i saw, this is, again, the very short period of time i spent with her, is that she is not -- her sense of herself and her emotional landscape is a little bit sort of disconnected and that's because they are so tightly wound as a family system, and they're trying to live as normal a life as possible for the kids. i mean, they really have gone to great lengths to do that, but the reality is that the world, in fact, intrudes in and it creates all kinds of ambivalent feelings and unless she can really express those feelings, it leads to, you know, inappropriate and bad behaviors particularly in her age group.

i think the democrats would follow obama like the pied piper into the sea no matter what he wanted to do to this country. thank you. host: thanks very much. to get a perspective on this from outside washington, the financial markets, we've got peter coy to join us. he wrote the cover story for "bloomberg business week." here's the cover headline on his piece, "why the debt crisis is even worse than you think." we'll get to that in a second. but, peter, tell us how the financial markets, both the credit markets and also the bond markets, are reacting to the debate in washington. guest: i think it's surprising that they're reacting as mildly as they have. if i were a major bond holder and i knew that my bonds were in danger of being repaid, i think i would be even more scared than i am now. so it's a little bit of a marvel. and even some people, you know, in the government are pleasantly surprised by this. i think there's just a biding belief that when it really comes down to the wire, this deal will get done. i hope they're right about that. host: here's an example. "the wall street jo

of inspired on many occasions by michael's thoughts and words, including the 2005 inaugural speech piper that bush. i have also bought and recommended both of michael's books, most recently, "city of man.: it is about the role of people of faith in the public square. compelling and interesting. the conversation is also going to be enforced by the fact that michael is part of what he described as a humanitarian conspiracy. he was one of the architects for the initiative that has saved millions of lives. i would turn the floor over now to michael gerston. >> it is an honor to be with all of you and an honor to be with robert zoellick. i get our former allies, bob and i were colleagues. i deeply admire his leadership at the bank. he is a voice for economic sanity and a voice for the world's poorest people. let me start with a question. what are the -- what a fax is the debt limit having on the global economy, leadership, and the u.s. political system? >> as i try to think about that answer, let me just start -- might was kind enough to talk about some of our work together. my budget career

david piper,ing fox news. >> shannon: i'm shannon bream live in washington for the second hour of america'ss headquartering. and this is a fox news alert. it is judgment day for casey anthony. the court is current in a lunch break. when that ends in a half hour the defense will finish its closing argument. phil keetinphil keeting is keae the courthouse with the latest. >> the jury has been equesterred for six long weeks. they began in the month of may and now it is the fourth of july weekend but it is all work for this jury and the prosecutors as well as casey anthony's defense team. the morning began with the prosecution presenting its case. they showed they had a lot of allegations painting her as very evil and casey anthony was shaking her head. she was sobbing even at some point as the jury saw some graphic images of little caylee's skull. they also showed one of the tender pieces of video presented during the entire trial. that would be of casey anthony and caylee lying on the floor playing together and that video was taken about a year before little caylee died. the prosecutor basical