and msnbc contributor, and ron reagan's here. the youthful, forever youthful ron reagan, stressed in youthful attire wearing the threads of youth. >> someone has to. >> the boyish looks he's always had. here he is today. >> how do i do that? >> just dress like that. that's the trick. >> i'll send awe memo. >> you dress like a ceo, and he dresses like -- not. pollster.com did an average of national polls what obama's, the president's, approval rating was trending downward. not a good week for him. 50.5. he's got a greater than 50%. negative is approval, 44%. i'll give you the first attempt here, michael. this is not a good time, but, you know, i keep thinking, almost like a bank guard. one of these overaged guys standing in uniform. when the guys come in, we want all the money now. put it in our bag, the tea party's said, give us all the money. overloaded with arm, bring down the government. blow up the bank. what's he supposed to do? what is he supposed to do to be strong? >> as opposed to what he's done. i think what he's done,

agreement or not agreement with that strong assessment, indictment, i'd call it, from ron reagan? >> i think it's -- >> fox makes things up, that it has a propaganda feature? >> they don't have the same journalistic instinct of most legitimate media. that doesn't mean all their stuff is off, but -- there's a difference between coming from a point of view and not being honest with your viewers or your readers. that's a line that fox consistently crosses. >> if you only watch fox and there's some people who do, and i think they're really in trouble personally, i think you'd be in trouble personally if you only watched to be honest, any network. let me go back to ron. you and i grew up, made our own decisions. i don't have the same politics as my parents pup don't. you have to put your own stew together, launch a little of this, a little of that. read certain magazines. how do you do it? most people put things together intelligently. they don't have a daddy or mommy to come along and tell them what to think. you don't ask roger ailes to tell you what to think? >> no. absolutely. you

former dependly assistant treasury secretary under the first george bush and a policy adviser to ron reagan. let me ask you about this whole thing. bottom line, let's look at the numbers right now. we've got a chart coming up. this shows the bush tax cuts were responsible for increasing the debts. now, we have about a $14 trillion debt right now, half came out since the turn of the century, and more than 40% of that has been from tax cuts. >> that's right. when bush took office, we had a debt of about $6 trillion. the projections from cbo were that we were going to run a $6 trillion surplus. by this point, if we had done nothing, we would have paid off the debt, but we added about $3 trillion of tax cuts, we lost about $3 trillion of revenue because of the slower economy and added about $6 trillion of spending, largely due to two unfunded wars and a medicare drug benefits and a lot of other things. so instead of getting -- paying off the debt, we ended up with about a $12 trillion debt. >> some of them clowns, not all of them, running around saying barack obama is a socialist, he drove up t

ron reagan initially kicked off this effort when this thing started. the clinton administration pulled it out of the fire and saved it by one vote. the challenges we saw was this program would have to be dumped into the ocean to pay for a follow-on program and we were concerned after early investment in putting it together before we actually turned it into a scientific web which was part of the original design that we would have to d or but it and we decided to give it on a new lease on life while enhancing its utilization. beyond low earth orbit, this is always one of the holy grails in space. we set out to go places men had never gone before on a more flexible path which is what the augustine committee had talked about. also mentioning importantly means with mission. augustine found one of the things we had done is underestimated over the decades in the new technology that we invested -- needed to go beyond the earth/moon cradle. we found the exact kind of technologies we need today. we haven't invested in these new technologies to take us further, f

he did when the vice-presidential nomination on the ticket with ron reagan, she decided she was going to continue following up in this area because it was a very solid project and one that would benefit the country. with their own money she hired two people to help her develop this as an area of expertise. she had breakfast where she invited experts to the vice president's residence. she spoke and read. she read extensively. during her time as wife of the vice-president she was involved in 537 literacy events. i can't completely tell you that this is accurate, but my account of the bush library of for literacy speeches during the vice-president seat was 225 which is a fair amount of speaking about the topic. i want to apologize. i have been ignoring passing around photos. i will pull these up. mrs. bush. i'm just going to pass them around. i'm going to invite you to have all looked at them as things move along. thank you. and one of the photos you will see is mrs. bush reading to young children, which she did many times. coming a little bit on the heels of learning all about this was

ronald reagan has -- ron matz has more on the deal. >> reporter: the school system is in the grips of another cheating scandal. he signed a four year extension with a salary of $260,000 a year. this comes after it was announced that two city elementary schools were caught cheating on state assessment tests. to make the matters worse, the student test scores at eight other schools dropped and there's speculation they may have also meated. >>> a-- -- also cheated. >> he could be the longest serving ceo for a school since world war ii. >>> take a live look outside. we're starting the long 4th of july holiday weekend. could it all be this nice. we have a few happy people working the weather today. marty bass and tim williams in the weather center. good afternoon, tim. >>> well, good afternoon, don. it's a good afternoon, weatherwise. i don't know how you can expect to have better than this. we're looking at temperatures around the region at 80 degrees. 83 hagerstown and 84 at bwi and 81 in elkton. cooler temperatures in the highier elevations. looking down at the shore, ocean city at 81 d

in the 1980s, the whole idea from rambo to ron reagan is in the way we do wars in this country is tor politicians to micromanaged or tie the hands of troops on the ground. this is the way we talk about war today. it's when it comes to libya. barack obama is saying i'm not going to tell my commanders window in the work of what to do about the war. it's my job to simply, to let them do what they do best. and it is a fundamentally antithetical story that we're still telling ourselves, a new story from 1980s that we continue to tell ourselves. i want to ask you one more question. and i want, because you are a popular culture expert, certainly far more than the -- >> about anything. >> what do you think that there are any, some of the key differences between, this is a big question, he joined a popular culture of the 1980s and today? i will put it this way, is the popular culture of the 1980s when you look back on it more or less politicized or ideological than the popular culture is today? >> that's a good question. i think part of it is when i was a child in the 1980s, i think i was rel

and so the democrats are seizing upon that to try to say that they're the party of ronned reagan to try to appease the independents. >> we know that charles krauthammer brought up before, the key word to win over independents and he feels the president wanted to come off once again like the adult in the room. but it also comes off for me somewhat condescending and he talked down to maybe a sixth grade level in a way in which he felt as though we had to -- so we could understand it. like this -- like everyday person. and i'm saying to myself, wait a second, anyone who even has a newspaper or walk by a flier understands the context of this argument and whaet at mistake. the president thought in a remedial way he had to frame it out again. >> he has all these pollsters and campaign people and it's all about the re-election. let's have a little -- it's not a drinking game. it's an eating game. every time the president says balanced approach, let's get our peas and count. >> this balanced approach asks everyone to give a little without requiring anyone to sacrifice too much. the only reason

the reason i'm calling is that this debt ceiling is not about 17 debts of ron reagan.s because of the man who's in the white house. you don't care about the average citizen. citizen. you make more. you got better medicare. you got better than the average citizen. my wife and i, we both are disabled. and we had to pay out of an income of $30,000, $1,400 in taxes. why can't you all, like the president, say how much tax you are paying a year? why you all are picking on the poor people? host: congressman blackburn? guest: well, i have to respectfully disagree with the caller. i appreciate that he would take the time to call. what our goal is, is to make certain that we put this nation back on the road to fiscal health. and that is good for everybody. you know, i find it regrettable that his thoughts would be that people are being picked on. because we all want to make certain that wages go up for our middle income workers that we return productivity to this nation, that our small businesses and our job creators are able to hire people. are able to hire people. he spoke a l

>> in the '80s, they did it to reagan -- >> ron paul released a new ad. >> 'the 90s brought more compromisee broken promises and more new taxes. >> it doesn't mention that clinton balanced the budget. and 67% of the people would increase taxes on the wealthy and corporation. that won't fly with the gap candidates except for john huntsman. >> that was just a example of a new senator, you know, making what is a political vote as opposed to doing what was important for the country. >> besides bachmann and ron paul, the other candidates don't have to cast a vote on raising the debt ceiling. jim aco jim acosta, cnn. >>> president obama is holding out hope for a big deal, and republicans are standing firm on their opposition of any tax increases. joining us to talk about the standoff is our political analysts, david gergen. we have seen you and you have said it's time for a truce and cease-fire, and is that likely to happen in this climate? >> we still have tough road to go here. it will continue right through next week, i am afraid. i think there is an ever the in the senate to come up with a bi

does want obama's job as texas congressman ron paul he is out with his first official campaign ad in which he gives his answer to the great debate over debt. reagan. and of course. we were. like well our party just repeat the mistakes of the big chill compromise. one candidate has always been true ron paul could spread well into the budget deal. no deals ron paul has said no repeatedly to the question of raising the debt ceiling and many others have raised the question about whether it's necessary some even asking is this all simply a scare tactic into making some significant changes to the way this government spends its money to talk more about that i spoke earlier to l. randall rae professor of economics at the university of missouri kansas city i asked him if we are in. in our close to a crisis and politicians say we are or is this all just hype here's his response. well we're in a. creative crisis but it's a political crisis it's not an economic crisis. but sovereign government does not face the solvency constraint if it does to bolt on debt it will be a political decision that's not going to be something that is forced by markets. so you thi

presidential candidate herman cain z ron paul, gang of six member mike crapo, art laffer, ronald reagan's guy, eliot angle and the tax fighter in the middle, grover norquist, so many more. you have a choice, you can head out early to the beach and sweat and maybe see beautiful women and let's say i don't know spring bikinis or, or,

economist and former reagan advisor ron kudlow, said "default would be catastrophic." the biggest concern these experts name is the potential for a global financial crisis. companies, pension funds and governments across the world hold u.s. savings bonds. a default could ciga trigger a s worse than one in 2008. and in fact, we just heard from secretary geithner a few minutes ago it would be worse than the crisis of 2008, which itself triggered the worst recession since the great depression. we're just now climb out of that hole caused by -- we're just now climbing out of that hole caused by the financial crisis. we cannot risk another one. i want to read from a letter that was sent to congress earlier this week by hundreds of america's top businesses and business organizations, including the chamber of commerce, the financial services round-table, and some great new hampshire companies like cirtronics and control air. and i'm quoting -- "we believe it is vitally important for the u.s. government to make good on its financial obligations. it is critical that the u.s. go

reagan had not lost the touch. he knew what he was doing. they just blew it in iowa. >> i want to talk about the impact of ron paul in this race. for your years ago, he was seen by many as kind of the guy talking about issues that people necessarily were not focused on, but this time it seems the issue matrix points more towards him with the economy and the debt ceiling. what is his level of strength there? have you been able to gauge what is impact will be? he said he would aim to win the straw poll. can he? can he win the caucuses? >> that is a good question. he does have an ardent group of supporters. he could surprise some people here in the state of iowa. i guess i question whether he is likely to win the caucuses, but i think he could do better than he did four years ago, and a thing considering the financial problems of the country then, he has been warning about the way things have been operating in washington, d.c., for a long time. i think a lot of people are saying he has been right, and we certainly need to change course and direction. i think you will see a certain level of strength, but there is also a lot of cand

ron paul is worried about a deal that promises things down the road. he said this. "the democrats pulled a similar maneuver in ronald reagan's presidency.eal that promised 2-to-1 spending cuts in exchange for tax increases. taxes went up but the cuts never came. in washington if you hear about a so-called deal, you can be sure the taxes will come but the cuts never will. agreeing to the scheme by the white house would be a betrayal of the voters who put republicans back in charge of the house in 2010." would it be a betrayal? >> i agree with that, by the way. i think he is absolutely right. the one long-term spending reduction you can count on is when you make entitlement changes, bret. we don't vote on every year. they hold up. when reagan and tip o'neil fixed social security which lasted for a generation back in 1983, it lasted for a generation. we have didn't go back and revisit it every year. we don't vote on entitlements every year. they're on automatic pilot. i agree with congressman paul. he is right about that. but i do think long-term entitlement changes do hold up. and ought to be a part of any deal we make. >> bret: so withou

ron paul is taking questions . former governor of new mexico slammed president obama's recovery effort. at this hour. pizza magnet her man cain is in alabama giving a key note address in the republican party reagan-lincoln dinner . watch fox news sunday because chris wallace will interview herman cain and check your local listings for time. >> investigators of the staffers of the news of the world hacked in voice mail accounts of the people they were recovering. a personal apology from rupert murdoch appearing in every newspaper . murdoch is son james who heads international operations for news corp will appear before the uk parliment to worry questions. the 106 tab bloid news of the world was shut down in the wake of the investigation . since then several people have resigned, including rebecca brooks who was the news of the world editor when the phone hacking took place . also les hinton stepped down. he over sea the -- he was ceo and pubbler of the wall street journal . both are owned by news corp. they found no evidence of wrong doing in the journal or dow jopes. >> we hear warnings of traveling to mexico. if you are thinking of venturing south of the border and he posted an ad looking for a

reagan. i want to establish that. now, bill, let's talk about the politics of it, right? their chief of staffs are literally straight from king street. marco rubio and ron johnson hired guys from navigators global there. lobbyists. the guy mike pompeo, we as koch industries lawyer. shouldn't democrats be blowing these guys out of the water? sitting there defending oil subsidies? >> i think the reason you heard so much whining yesterday -- i love it, right? the republicans say we are not like sasha and malia. and to prove it, they went out and threw a temper tantrum. obama called them out. he exposed who they really are. that's why they are screaming bloody murder today. he showed -- i mean, to force them, he forced them to defend the corporate jets, oil companies, hedge fund manager. and millionaires and billion airs in addition to try and kill medicaid. >> let's agree -- >> let's agree that president obama just did a magnificent performance yesterday, okay? but that still does not get back to the fundamental point that the republicans have the whip hand here. and when they take those -- >> nonsense. >> no, they don't. >> hold on. then look, if they are