joining us is richard harris at port shelter investment. your immediate reaction to this downgrade by fitch. >> well, it's not terribly surprising. you might think hasn't happened before. it's just part of the run of bad news that we've been seeing. >> what are the practical eventually indications of it? >> it's quite interesting because we saw the spanish bond issuance get away well the other day. this is nothing about spain, this is all about germany backing up spain. so the situation actually is quite bad and i think itch is a more accurate representation. >> we've seen an awful lot of discounting. some of the charts seem to be bottoming out. figures haven't really come out yet. >> so what will happen, we'll see further downgrades then from the other two rating agencies? >> i think that has to happen. and of course the big issue is what's going to happen when italy starts coming on the scene. spain has more foreign debt. italy has more domestic debt. >> okay. richard stays with us. >> he will. we'll be speaking to doug renwick. >> but th

and she had a scene in which she said i was sally in "when harry met sally" and richard cohen was harryw some similarities but -- and then she said that i was betty in "heartburn" and then she used our dog, sparky, in the movie -- >> every aspect of life, her life and other people's lives, became -- >> material. all material. yeah. >> take us to the kennedy center honors and her tribute to meryl streep. she gave the toast this year to meryl streep who of course played her in "heartburn," the nora character, with the heartbreak of divorce and the wonderful novel that she wrote about it and then created the film, the screenplay. she gave a tribute to meryl streep, her friend and collaborator. tell us about that toast. >> i can't recite it word for word but she said meryl has played karen silkwood, ethel rosenberg, carrie fisher, margaret thatcher and me, referring to herself, and then she turned to secretary clinton and she said inevitably, and of course everybody started laughing, and she said to the seetary, she said you may have thought she was really charming tonight when she was talk

let's turn to our guest host trio, richard, harry and jamie lefrak.ily homes and what we've heard so many times around this table, which is -- we heard it from warren buffett and so many other people who say right now if they could do nothing else, they would literally go to arizona, florida, nevada and just start buying up -- actually not multifamily homes, they'd buy single-family homes, get a 30-year mortgage and call it a day. what do you make of that? >> i think that's maybe the scariest investment proposition i've ever heard. >> really? >> yeah. because owning multifamily, it's a completely different business than owning a single-family home. when you own a multifamily apartment building, when the tenant moves out, your responsibility is to paint it and lower the rent. a single-family home, that's not something that can be managed en masse, you know, with scale. that's something that maybe one guy tones ten of in his neighborhood. >> they say if there was a way it do it, which is there is not, they're talking about the value of single-family hom

harry truman, lyndon johnson, richard nixon, jimmy carter and bill clinton all took steps to create national health care coverage during their time in the white house. none of them able to successfully implement that legislation. >>> now for the real news, let's huddle up around the water cooler to watch congressman luis gutierrez come down with a raging case of bieber fever while playing a game he called pick the immigrant. the supreme court immigration threw out much of the arizona law but kept the most controversial that allows them to ask people to present paperwork proving they are in the country illegally if stopped with another crime. he brought props to the house floor. here are the kids. bieber, celina gomez, his girlfriend. here he is yesterday. >> this is for our young c-span. justin bieber and celina gomez. these young people have overcome their very different national origins and become apparently a happy couple. i'm sure justin helped gomez learn all about american customs and feel more at home in her adopted country. oh, wait a minute. i'm sorry, because i'm not a trained ariz

prince william in his raf military uniform, prince harry's uniform and, right away, richard now talking about it earlier, incredibly unusual to see the queen, prince charles, her heir and prince william his heir all on the same vessel. >> i can't remember. >> security reasons why -- >> they never normally travel together. all together on one vessel. >> purely an exception because of this historic day? >> absolutely. no question built. they have thrown away the rule book. only ones not on board, the spirit of chart well, the yorks and wessexs, and you've got along with the sort of the gloucesters and the kents are on other boats. >> becky anderson is in piccadilly, the mother of all street parties. having fun down there. >> we're at the biggest street party of all. for the first time in its history it is closed for all the right reasons i've been saying over the past couple hour, 2.5 million across the country are celebrating. thousands of them, let me tell you are here on piccadilly for the big lunch street party joined by i know your name is pierre. what are you nose excited about? >>

will will help us in this case to the center talking with richard poor felipe then i will stay with football because tottenham have fired manager harry redknapp after four years in charge he got to be english premier league side to their first champions league appearance in twenty ten and soar spurs finished fourth in the table last season but it was a rollercoaster ride redknapp was heavily linked to the manager's job because the hot seat was cleared of tax evasion charges a few months ago but in years though for a bit immaterial he has become the permanent chelsea manager signing a two year deal during his twenty one matches in charge last season he guided the team to champions league and f.a. cup glory and only lost three matches after taking over from. elsewhere seven time tour de france champion lance armstrong is facing fresh allegations he used performance enhancing drugs the u.s. anti-doping agency says it started formal procedure is against the cyclist and alleges he don't prolong during his record breaking career the anti doping review board when i decide whether to press charges armstrong has never failed a drug test and d

great interview, thanks for your time. >> thanks, richard. >> you can watch melissa harris-perry's show the young boy from seattle who stood by the president's side as he sienled the affordable care act into law. we'll talk to marcellas owens in ten minutes. >>> severe storms knock out power to about 2 million people in the eastern united states, including at least 1 million in the mid-atlantic. a storm in virginia yesterday killed two people hit by fall trees. >>> egypt's new president took the oath of office this morning. mohamed morsi becomes that country's first freely elected president. >>> to geneva, hillary clinton is taking part in international talks about syria. >>> back in the u.s., a reality star's former home goes up in flames. fire ripping through the mansion featured inç real housewives o beverly hills. the school district is making the students do 50 hours of community service. >>> and those are your fast five headlines. >>> now, in today's "strategy talk," what we just talked melissa harris-perry, tax or penalty. republicans are saying the mandate is a tax while democr

harry is in his uniform. prince charles. interesting to point out, right away -- richard and i were talking about this earlier -- it's incredibly prince charles, her heir, and prince william, his heir, all on the same vessel. i can't remember -- >> all in one location. >> the security reasons. >> never normally travel together. this is a unique spectacle we're seeing here of all of them together on one vessel. >> so is this purely an exception because of this historic day? >> absolutely. no question about it. they have thrown away the rule book. the only ones not on board, you have the yorks and the wessexes, and you have along with some of the glousters and the kents. >> we go to becky anderson. she's at the mother of all street parties going on. becky, you having fun down there? >> reporter: that's right. we're at the biggest street party of them all. picadilly. it's the first time in its history it is closed for all the right reasons. over the past couple of hours, 2.5 million people across the country are celebrating. thousands of them, let me tell you, are here on picadilly for the big lunch street party. i'm joined by --

richard, harold, lauren and also tex harris, mark schneider, just a real star-studded cast, and my great major league, ambassador newland. and there is one other who i want to mention. that's former assistant secretary pat darrian who did so much to shape this bureau from its infancy. she couldn't be with us today but she sent a note that read, pronounced dead at birth. it was wonderful to see we have not merely endured but more than occasionally have prevailed. that's to all of you -- best to all of you, i only wish i could be there. we do, too. it is amazing to think how far d.r.l. has come in 35 years. it did have a rocky childhood. plenty of critics at post and in this building who thought you had no business pestering anybody about human rights. that would only get in the way of real diplomacy. even getting an office on the seventh floor caused howls of protest. but no one questioned the value of d.r.l.'s contributions anymore. there can still be healthy tension which i always think is good and helps create the environment for better decisionmaking. but the story of this bureau is t

harry thomas, jr. admitted to stealing money. he reports to prison june 20th. 11:00 friday morning u.s. district court kwame brown goes before judge richard leon for arraignment. wednesday the council meets to select his replacement, vincent orange, phil men doll son the front runners -- mendelson, the front runners. >> we're joined now by jim shallack, state and federal prosecutor more than 20 years. great to have you here. we've been hearing rumors for a couple weeks, but when it all went down, a couple days kwame brown is on the way out. what does that mean? >> it tells me that the ever must have been overwhelming. the government may have had more evidence like on election fraud and it tells me this is the best deal he could get. he jumped at it to avoid maybe other charges. it tells me that they really had a locked case. >> this is a plea bargain. he made the best deal he could get you say, but some folks will say we thought this was about campaign finance violences. now you give us bank fraud -- violations. now you give us bank fraud, a loan. >> many people think bank fraud is much more serious than election law. bank fraud, he lied

harry thomas, jr. admitted to stealing money. he reports to prison on june 20. 11:00 friday morning, u.s. district court, kwame brown goes before judge richard leon for arraignment. on wednesday the rest of the council meets to begin selecting his replacement. vincent orange and phil mendelson are the front runners. >> the brown plea is just the latest chapter in the long book of d.c. officials who have acted improperly. >> gary nurenberg has more on corruption within city government. >> reporter: another councilman harry thomas, jr. is sentenced earlier this year for lining his pockets with government money meant for kids. the mayor remains under investigation. >> the mayor's issue continues and as i've said many times, i hope the u.s. attorney can move quickly to resolve that as well. >> reporter: what is it with d.c. government and corruption? >> i'm not going to get into that kind of nonsense because the great -- over 99.9% of us who served in public office do it honorably. >> i think these are vestiges of the marian barry era. >> reporter: the national editor of washingtonian magazine points to a lack of d.c. outrage to misconduct. >> i

thank the former assistant secretaries that you see before you elliot abrams richard, harold kallur and trainer, and also tex harris, mark snyder, just a star-studded cast and my great colleague ambassador nuland. it is one other, former secretary pat darian who did so much to shape from her infancy. she couldn't be with us today but she sent a note that read pronounced dead at birth, it is wonderful to see that we have not merely endure but more than occasionally have prevailed. that is to all of you i only wish i could be there and. it's amazing to think of for drl is coming 35 years. it has a rocky childhood critics at posts in the building who fought we have no business pestering anybody about human-rights the would get in the way of human diplomacy even getting an office on the seventh floor causes protest no one questions the value of the drl contribution there can be healthy tension which i always think is good with the better decision making, but the story of this bureau is the story of leaders 11 and people would really believe in it and thinking that has been absolutely fundamental to the values come inte

harry met sally" -- and she turned to me and said this is sally. sally was modeled after you. and i said what? and then it turned out richarden our favorite columnist for "the washington post" was harry, his father named harry. and then she told me that betty, in heart burn, was me, my mother's name was betty, and our dog sparky was sparky in the movie "michael." so -- with john travolta. you kind of -- when you're sitting at a table with nora you kind of never know whether you're going to end up in the movie or what you say is going to end up in a movie. it was always fun. i mean she never -- it was -- you never felt like you were being betrayed. you felt like you were being honored. >> that's exactly it. sally quinn, thank you so much. >> thanks. >> one of the many beautiful points that sally made is about her child-like quality in terms of her reactions to scenarios. i'm writing a book with a friend and nora is part of the project. we interviewed her. i'm not sure i'm going to do this. but her reaction about obesity and food and difficulties that we're having in life with that and her child-like reaction to this problem

richard is the president of aflci orc. steven stay right there. president obama calls it the do nothing congress. senate majority harryagrees. >> we can no longer go through this every bill. filibusters on bills that they agree with. it's a waist of time to prevent us from getting things done. >> why can't congress get anything done? anyone who says blame the republicans is going to have to answer to steven moore next on your money. [ male announcer ] count the number of buttons in your car. now count the number of buttons on your tablet. isn't it time the automobile advanced? introducing cue in the all-new cadillac xts. the simplicity of a tablet has come to your car. ♪ the all-new cadillac xts has arrived. and it's bringing the future forward. would you mind if to be i go ahead of you?omer. instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have the raise your rate 2-year cd. you can get a one-time rate increase if our two-year rate goes up. if your bank m

i think if you were to ask harry truman and dean acheson or richard nixon and henry kissinger or ronald reagan sure shows for their politics is on foreign policy david caesar money. >> when mr. requeue carb rich. you are the foreign-policy adviser in the way. what do you think has been most surprising, seeing the president has implemented its foreign policy would've expected during during the campaign? >> i think the most striking thing is one that i would have to that has gone further than i anticipated and that is the evident skill with which the president has used force. it is an administration that is striking for national security and foreign policy. but the tendency for any given meter is to air in one direction or another. this president has been striking in his pursuit of peace and use of diplomatic and coalition and other strategies, the willingness in key situations where american interests demand it to commit to military force. the bin laden is the stigmatic, but there are many others. >> host: talk about how traditionally thought to be a democratic weakness and how do you th

richard trumka is the president of the afl-cio. we'll have you back soon. steven, stay there. president obama calls it the do nothing congress. harryeid agrees. >> we can no longer go through this every bill. filibusters on bills that they agree with, it's just a waste of time to prevent us from getting things done. >> why can't congress get anything done? anyone who says blame the republicans is going to have to answer to steven moore, next on "your money." new e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. [ woman on r♪ bum-bum,stinct ] bum-bum, bum-bum ♪ ♪ bum-bum - ♪ ai, ai, ai - ♪ bum-bum - ♪ bum-bum, bum-bum - ♪ [ ice rattles rhythmically ] ♪ bum-bum, bum-bum, bum-bum ♪ ♪ [ imitates guitar noise ] ♪ [ vocalizing up-tempo heavy metal song ] ♪ [ vocalizing continues ] ♪ [ all singing ] the redesigned, 8-passenger

richard is on the independent line for adam stryker. caller: a little background on me. i was a veteran, an old guy in barstow, california, right next to victorville where harry reid wants to put in a high-speed train to get the folks in the las vegas area to drop their money in las vegas. i am a ron paul supporter. i think it is time to realize the biggest oxymoron is a political politician. there's nothing professional to me about politics. it is the sort of thing we should go back and send those guys running the government back to their homes after 12 years or so and let new people come in. i am a libertarian. i will turn off my phone. let me know about what you think about harry reid and his $6 billion train he wants to put into victorville. host: caller, talk about your use of social media. caller: i am so old, i just listen to it. i have made up my mind i will never vote for the guy in there now. he has had four years. that is enough. i am a ron paul supporter. i wish he could takeover, but he cannot. is too late. host: adam stryker, talk about how you feel social media influences people in their decision making process, especially as they go to the pol