new splenda® essentials™.of what you put in. [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. memorial. take your seat at the table on august 28th. >>> you're watching cnn rolling coverage now. the debt ceiling vote expected at high noon. we're doing our political buzz panel a little different way today. robert zimmerman, john avalon, and will cane. robert, you had the last word as we went into break. john, you were just about to jump in, but will, i want to give you a second to come back first and then i'll let john weigh in. >> let me see if i can tie a ribbon around these two guys' disagreement. on one level, this is a victory for the center that understand you must raise the debt ceiling. that is nonnobodiabl

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new splenda® essentials™.put in. >>> number-one story on msnbc.com, 82% disapproval rating for congress. that's according to a new "new york times" poll. we asked you at the top of the show what you're doing up this hour. rob gifford, our producer, has a few answers. >> ellen writes -- i'm sifting through the vacuum cleaner back looking for that lost stud earring. >> that's a new one. we're breaking new ground. she's sifting through the vacuum cleaner bag looking for a new earring. you are the first, my friend, in that demographic. we congratulate you. what else? >> jory writes -- waiting for setup. i live in montana -- waiting for sun-up. i live in montana. did i mention i'm only 12? >> going into the seventh grade i've got a tweet. this is from emmy ellie -- it's the first day of the indiana state fair, and we're up watching you while we get ready for the pig show. getting ready for the pig show. >> yeah! >> do we have the best audience in tv or not? emmy

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new splenda® essentials™. of what you put in. >> pelley: paul mccartney said today he was a victim of phone hacking by british tabloid newspapers. just a few days ago, his ex-wife heather mills, said her phone was hacked back in 2001. mccartney called it a horrendous violation and plans to meet with british police. we take you back now 50 years to friday august 41961. president kennedy was just kbin a weekend at the summer white house at hyannis port, while in hawaii, a future president was just beginning his life. barack obama turned 50 today. senior white house correspondent bill plante now on a presidential milestone. >> ♪ happy birthday to you happy birthday to you ♪ >> reporter: free finally of the debt limit crisis, president obama last night celebrated with friends and raised campaign money in chicago, making light of his 50th birthday. >> by time i wake up, i'll have an e-mail from aarp. ( laughter ) asking me to call president obama and tell him to protect medicare. ( laughter ) >> reporter: mr. obama

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new splenda® essentials™. out of what you put in. >>> in tonight's spotlight, all over but the announcement for rick perry. the governor allowed his spokesman to say that perry has decided to run for president. perry will make that completely clear on saturday in what is now perry's obvious attempt to upstage the iowa straw poll that will be taking place at the same time that perry gives a speech in charleston, south carolina. joining me now, msnbc analyst and huffington post reporter alex wagner. alex, perry is in. >> he's in. >> pretty exciting. >> we've got news to play with? >> we do, we do. this is perry's attempt to toss a ten gallon hat over the state of iowa. but it comes as his campaign was denied their plot of grass at the straw poll. so lest any opportunity go by to stick a cowboy's spur in the gop race, they made the announcement today. >> it's designed to specifically kind of preempt in certain ways the debate tonight? >> sure. >> and so they they -- but going forward here, what -- is the -- is pe

new splenda® essentials™. get more out of what you put in.in this sunday's paper for a three dollar coupon. new splenda® essentials™. get more out of what you put in. any questions? no. you know... ♪ we're not magicians ♪ we can't read your mind ♪ ♪ read your mind ♪ we need your questions ♪ each and every kind ♪ every kind ♪ will this react with my other medicine? ♪ ♪ hey, what are all these tests even for? ♪ ♪ questions are the answer ♪ yeah ♪ oh >>> one of the key bellwethers for the appetite in the global crisis is gold. gold down today as you see there. a loss of $10.85 per ounce. it's trading at $1,615.55. so a little bit manufacture risk back on the table. welcome back from hong kong in london. you're watching "world business today." >>> now, both houses at the u.s. congress must still approve the debt limit deal that president obama and congressional leaders hammered out over the weekend, but despite the $2.5 trillion in spending cuts that it mandates, that's the headline, it may not have a lot of impact on u.s. debt. cn anchor john de

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new splenda® essentials™. like a ramen noodle- every-night budget.hought allstate car insurance was out of her reach. until she heard about the value plan. dollar for dollar, nobody protects you like allstate. >>> welcome back to "first look." i'm veronica de la cruz. here are some of your top stop roars making news. the activist who hit rupert murdoch with a pie made of shaving foam, received a six-week jail sentence. he had pleaded want guilty to assaulting murdock who is testifying about the hacking scandal for the paper "news of the world." >>> the late senator ted kennedy faced threats long after the murders of his brothers. the many warnings included an alleged assassination plot out of cuba and one reportedly called in by the son of the late mobster al capone. during the 2001 anthrax scare, his office received an envelope of white powder which tested negative for anthrax. >>> in uganda scientists have found a 20 million-year-old fossilized remains of a tree-climbing ape. it could shed light on the region's evolutionary history. >>> in a stunt

like new splenda® essentials™ no calorie sweeteners.is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. new splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. new splenda® essentials™. get more out of what you put in. >>> good morning to you. it is thursday, august 11th. this is your a.m. "wake-up call." i'm carol costello. thank you for joining us this morning. i'm here in new york. it's 29 minutes past the hour. stock marketsab tumble on wall street. the shanghai composite was up slightly. the dow plummeting 25 points or 4.5% you know that. in the meantime fears that a double-dip recession may be looming. some predict a worse recession could be worse than the last. >> i think the chances could actually move to 50/50 right now. it's not just the stock market. you know, consumers are 70% of the economy. and as consumers continue to be la

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new splenda® essentials™ no calorie sweetener with b vitamins, the first and only one to help supporty metabolism. three smart new ways to sweeten. same great taste. new splenda® essentials™. ♪ let me make you smile ♪ 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. maybe not. v8 v-fusion juice gives them a full serving of vegetables plus a full serving of fruit. but it just tastes like fruit. [ male announcer ] get five dollars in money-saving coupons at v8juice.com. oh, we call it the bundler. let's say you need home and auto insurance. you give us your information once, online... [ whirring and beeping ] [ ding! ] and we give you a discount on both. sort of like two in one. how did you guys think of that? it just came to us. what? bundling and saving made easy. now, that's progressive. call or click today. >>> welcome back to way too early. number

new splenda® essentials™. >>> welcome back to "first look," i'm veronica de la cruz.some of the top stories this morning. syrian forces continued a brutal crackdown for a fifth straight day, reportedly killing dozens of civilians in hama. >>> secretary of state hillary clinton thursday accused syria of killing more than 2,000 of its citizens in the past five month. >>> a texas jury has convicted polygamist sex leader warren jeffs of sexually assaulting two child brides. jeffs, who defended himself in court, faces up to life in prison. >>> a new government study finds casual and occasional smoking along u.s. high school students on the rise. researchers found the number rose from 67% in 1991 to 79% in 2009. >>> a long overdue military funeral where the remains of 12 u.s. airmen were laid to rest years after their bomber crash-landed in the pacific. the remains were located in 2003 in new guinea. >>> nasa scientists say they've found evidence of flowing water on mars which could point to signs of life on the red planet. images taken from the mars reconnaissance orbiter

new splenda® essentials™.rtin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. memorial. take your seat at the table on august 28th. >>> 21 minutes after the hour. here are three things to put on your radar today. right now, congress is on recess while thousands of workers are furloughed, waiting on their budget to be approved. this week's jobless numbers are coming up on friday but we'll get a bit of a preview this morning with the unemployment claims. the numbers aren't expected to be very good. >>> and frank mccourt will go before a judge with his wife jamie to determine if the title of the team is in frank's name or the team should be considered commune in the property in their divorce. >>> let's go around the world.

new splenda® essentials™. >>> welcome back to "first look." late night with jimmy fall gone, jimmy was happy to announce that the big debate was over. >> after many rounds of negotiation and compromise on both sides, a deal was finally reached. that's right. my wife would go see cowboys and and i wiliens while he goi sei smurfs. mcdonald's is planning on opening a restaurant every day in china for the next four years. when kids get their happy meal toy, they're like, cool, i made this. >> big sports news. plaxico burress is returning to no torq new york to play with the jets. which explains that new chant, j-e-t-s. >> tonight jimmy welcomes danny mcbride, and musical guest the sheepdogs. that's week nights at 12:35, 11:35 central time on your local nbc station. >>> time for your first look at entertainment news. apparently owning your own tv network isn't all it's cracked up to be. after a week on the job, oprah winfrey says running her tv channel own is "ten times harder" than working on her talk show, and she's finding it difficult to adjust

new splenda® essentials™. >>> next a pit bull attacks killing it's pregnant owner in pacifica.g to help explain the tragedy. what police are saying about a brazen robbery that left two men locked in a warehouse overnight. >> looks like a minor warming trend but may not make it through the entire weekend. >> sue hall will take a look at friday morning traffic. join us for >>> well, finally this morning another look at the wall street roller coaster that has investors and of course ordinary americans at the edge of their seats. >> our favorite late night comedians are paying close attention to the volatile seesaw and struggling economy. >> the dow lost 519 points today. it is the single biggest since two days ago. >> for those of you having trouble understanding the meaning of all this bad financial news lately, let me put it in terps you might be more familiar w the economy is essentially planking right now. try not to think of this as a crash. think of it as a special wall street addition of "wipeout," okay? >> everybody is trying to make sense of these markets. luckily, the "n

new splenda® essentials™. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a.insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. >>> a massive teacher march in washington last weekend featured some real star power. actor matt damon showed up to show his support. >> i don't know where i would be today if my teachers' job security was based on how i performed on some standardized test. >> matt's mom nancy carlson page is a childhood development expert and professor at lesl

new splenda® essentials™. sensations from t-mobile. hey dad! hey son! i'm at study hall. that's great, you make me so proud. thanks dad. [ clatter, scream ] what's that? nothing... [ man ] game on! ♪ i gotta go! was that a chicken? [ male announcer ] get everything you need for back to college, like the latest smartphones with video chat starting at $48.88. save money. live better. walmart. over a million people have discovered how easy it is to use legalzoom for important legal documents. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. >>> to have a negative outlook, a longer time frame from six mons to 24 months. if the fiscal position of the united states deteriorates further or if the political gridlock becomes more entrenched, it could lead to a downgrade. there's a one in three chance of a downgrade over that period. >> welcome back to "morning joe." mark halperin is still with us. joining us now, visiting professor, harold ford jr. and we ha

like new splenda® essentials™ no calorie sweeteners.is bowl of strawberries is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. new splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. new splenda® essentials™. get more out of what you put in. helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. >>> a lot of speculation this morning that ano

new splenda® essentials™. >>> an ok ahead to the stories we'll be watching on this wednesday.the rally continunu stocks were higher overseas this morning following the dow's 429-point gain tuesday. investors are happy that the federal reserve is keeping its key interest rate near zero for at least two more years. >>> and the u.s. is about to get tough on syria. in addition to new sanctions, the obama administration will reportedly call for president assad to give up power. the syrian government has intensified its deadly crackdown on pro-democracy protesters in the past week. >>> for the first time since the phone hacking and bribery charges that shook his media pire to its core, rupert murdoch is expected to discuss the scandal today. he'll be speaking with investors during his company's earning call. insiders do not expect any management changes. >>> scientists are keeping a close eye on a volcano in alaska on a remote island. it's forming a lava dome but so far no signs of plumes of ash have been detected. the biggest threat if it grows large enough to spill out. >>> a laun

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new splenda® essentials™. in. [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today! [ male announcer ] chevrolet is honored to celebrate the unveiling of the washington, d.c., martin luther king jr. memorial. take your seat at the table on august 28th. >>> you caught me because i have this power bar to give myself energy to make it through the show. i swwall load now. sorry about that. republican presidential candidate tichl pawlenty compared president obama's handling of the economy to a, quote, manure spreading in a windstorm, throwing everything into the wind without focus. let's head to at any time to check in with jacqui jeras. this is like deja vu all over again, isn't it? >> with what? >> i'm sorry. i was talking about daybreak because years ago, back in the day, we used to be together on another 5:00 a.m. show. >> sorry. i

like new splenda® essentials™ no calorie sweeteners.rries is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. new splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. new splenda® essentials™. get more out of what you put in. you carry them around everywhere. yes i do, because cravings are everywhere. would you take a craving for me, cartwright? how would i -- exactly. [ male announcer ] nicorette mini goes wherever you go, to help make quitting suck less. [ male announcer ] nicorette mini goes wherever you go, music(lyrics): ♪ whatever i have i'd love to give it to you. i can surely make do with less than two. and that's how sharing works. cause sharing means caring. and caring means sharing. and sharing means caring.♪ ♪ and that's how sharing works.♪ vo: bk minis are easy to share, ♪and that's how sharing works. vo: but that doesn't mean

like new splenda® essentials™ no calorie sweeteners.is bowl of strawberries is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. new splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. new splenda® essentials™. get more out of what you put in. really? 25 grams of protein. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. see? he's a good egg. [ major nutrition ] new ensure high protein. ensure! nutrition in charge! i don't even know anymore. [ tapping ] well, know this -- for a good deal on car insurance, progressive snapshot uses this

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like new splenda® essentials™ no calorie sweeteners.aded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. new splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. new splenda® essentials™. get more out of what you put in. >>> panic on wall street. that's the story we've been following all day. as we reported, the market plunged today with investors afraid for our economic future. it's a scary picture, but not everyone is living it, as is so often the case, this is the story of the haves and the have notes. those doing business with the haves, business is still pretty good. sales of luxury goods shot up by more than 11% in july. that's the largest inees in more than a year. sales are up for brands like tiffanys and louis vitton. take a look at the car industry. bmw sales up 16%. porsche first half profits up 59%. per said deez be mercedes-benz saw

new splenda® essentials™.here in the downtown area where the crowd is growing. [ female announcer ] watching calories at breakfast never tasted this sweet... i'll go get my bowl. [ female announcer ] ...or this huge. new fiber one 80 calories. yes, you can actually love breakfast. >>> all right. before we go, the story behind the story we've been talking about all morning. that marriage proposal, accidentally caught on camera by a local tv news crew. check out this live report from our kansas city affiliate, kmbc. she was doing a live shot from the airport. but look at what's going on in the background. there's a guy there on bended knee. pulls out a ring. and proposes to his long-time girlfriend. this is all the viewers saw. at that moment, the station cut away and went to another story. >> the reporter had no idea what was going on behind her. >> take a look at this. here's what viewers didn't see. the happy couple is josh mullin and ashlee baldwdw. josh had just flown in from colorado. ashlee picked him up

new splenda® essentials™.in. >>> a year ago, we were riveted to our tv screens watching the rescue of 33 miners in chile. knees miners had been trapped deep underground for ten weeks. they became instant celebrities. but as rafael romona tells us, fame has proved fleeting. >> reporter: they spent 69 days in the bowls of the earth, not knowing that they would survive. the story of the 33 miners who were trapped at a depth of 700 meters and their miraculous rescue made headlines around the world. this week, four of the miners traveled to washington, d.c. to commemorate the first anniversary of the mine collapse by opening an exhibit in their honor at the smithsonian museum. >> translator: in spite of our painful experience, it is very important to us that what is being exhibited will show the world what happened. >> reporter: since all 33 of the miners were rescued alive and well last october, they have travelled the world and appeared on multiple tv shows. ♪ >> reporter: they were all invited to disney world fo

new splenda® essentials™ no calorie sweetener with b vitamins, the first and only one to help supporthealthy metabolism. three smart new ways to sweeten. same great taste. new splenda® essentials™. >>> even though he's just been found guilty by a texas injure of sexually assault two children, there seems little doubt that warren jeffs is in charge of his break-away sect. while he was in trial awaiting jail he did one thing above all else. he was on the phone. in this past month, how much money has he spent, would you estimate, on phone cards to make phone calls. >> roughly, $4,000. >> and in another jail a few dozen miles away. >> in excess of 10,000, i would say. >> is that unusual. have you ever had an inmate spend that much money on phone cards? >> no. >> authorities say he has been given cash by his loyal followers to pay for the calls and they say they monitor what's said. mostly lengthy sermons and detailed instructions to his followers a few miles away at his isolated yearning for zion ranch, as well as to his followers in the polygamist towns of colorado city with utah and ari

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new splenda® essentials™. >>> i don't know.t a few chairs together, put a sheet over, do you remember? >> another royal wedding as well. it was quite a party. one of queen elizabeth's grand daughter zara phillips marrying mike tindall over the weekend and lama hasan has more on the celebration. >> reporter: she's the queen's oldest granddaughter and he's mike tindall. it was the day after that raised eyebrows. letting their hair down. partying all night long. no wonder they looked like this. look at the groom, he was still wearing his wedding suit. zara was a beautiful, radiant bride. a far cry from being a royal wild child. >> a little bit of a wild child. but that's part of her makeup and her character and i think that's why she succeeded. >> reporter: it was hard for william and catherine not to wow the crowd. wherever they go, this royal couple steals the spotlight. as for the outfits, check out the shoes. no fancy footwear, no fancy colors. just beige, beige and more beige. so, no fashion faux pas. remember this creation a

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new splenda® essentials™. while i took refuge from the pollen that made me sneeze.h 24-hour zyrtec®, i get prescription strength relief from my worst allergy symptoms. so lily and i are back on the road again. with zyrtec® i can love the air®. >> closed captioning brought to you by mancini sleepworld. >>> 5:40. do you owe the state tax money? you've been slow on paying up? you could lose your driver's license because of it. the accountability act is many its way through the legislature. it would rir the dmv to stop issuing licenses and renewals to the top 3500 tax debtors. with the economy in the down turn the bill has a good chance of passage. it could help the state collect hundreds of millions of dollars in back taxes. >> they are bracing for the worst at colleges and universities. stated revenue projections and students are getting ready for thursday's start of school. some are having a hard time registering for classes. lyanne melendez reports the university says it's not due to the state budget cuts. >> reporter: these incoming students is seeing a university

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new splenda® essentials™.morning. before the break, i asked how much does a ticket cost to vote in the iowa straw poll? free? $10? $20? $30? the ticket will cost you $30, but most of those voting in the straw poll have their tickets provided free by the candidates' organizations. you can probably figure out how that works. it is moving day in iowa. some will see their fortunes rise, others face the hard truth that they don't have a shot. here is who is on the ballot for the iowa straw poll. the majority of candidates are there. they will make their pleas in person. mitt romney is not going to be there. he is spending time in new hampshire. ahead of the straw poll, most of the candidates made an appearance. one did not appear. i'm not talking about rick perry, although he has plenty of buzz, but palin. our don lemon caught up with her. take a listen. >> reporter: t.j., sarah palin spent a lot of time answering my questions from giving advice to the candidates on stage during the debate to who is responsible for

new splenda® essentials™. a few hours ago. you see a little bit of blue sky.e back to cnn in hong kong and london. you're watching "world business today." let's get you up to date with your business traveler's advisory. find out how heavy flooding in the uk and raining in europe is having its effect today. jen delgado is standing by. what do you want to go to first? i guess europe? >> we'll go to europe. but i want to point out to you. you saw the live shot in hong kong. for some areas toward the east we'll still see chances of showers popping up for parts of china, but looking at the radar once again we're dealing with wed conditions moving through central parts of england. you can see down toward parts of the southwest. you can see waves of heavier rainfall moving from the west to the east. and this means that the rain is going to be sticking around because we're tapping into that jet stream moisture and that means anywhere along this path you'll be dealing with the potential for standing water as well as flooding. this will last as we go all the way through

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new splenda® essentials™. out of what you put in. ♪ >>> welcome back to "morning joe." 35 past the hour. a new study finds that a healthy diet could be an expensive one. we knew this. this is why we have the problem we have. guys, don't do it. >> don't do what? i'm trying to save money. you complain in one segment about people spending too much on shoes. i'm trying to save money. >> i suggest you spend money in this department. eat more foods containing potassi potassium, vitamin d. it will cost you more than $1 a day or $380 year. 49 million americans must make food choices based on cost. >> willie, you can have a big mac value meal, you supersize it. i have done the calculations. i have crunched the numbers. you save thousands of dollars by getting more fries. >> the word value is in there for a reason. >> trying to change his diet. the problem is -- >> double whopper. the double whopper is the best thing he's ever eaten before. >> flame broiled. >> it is healthy. you get two, two pieces of meat. it costs tw

new splenda® essentials™. oh, we call it the bundler. let's say you need home and auto insurance.ive us your information once, online... [ whirring and beeping ] [ ding! ] and we give you a discount on both. sort of like two in one. how did you guys think of that? it just came to us. what? bundling and saving made easy. now, that's progressive. call or click today. >>> happy birthday, mr. president. you didn't get what you wanted in the debt deal, and now with the stock market crashing, the republicans will try to make you own it. the president's next steps with richard wolf. >>> and chris christie's not running for president, and he probably couldn't win anyway, because he is a bit rough on voters who ask him questions. but what's really going to ruin his chances is what he said about sharia law. that's in the rewrite. i was having so much trouble getting around, i thought, end of the line... i was headed to a nursing home. well, i'm staying in my own home now, because we chose hoveround! hoveround's compact round design makes it easier for you to maneuver through the tight space

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new splenda® essentials™. >>> events continue to unfold in libya's capital.ke a special look at the future path for the north african country. just nine months ago, the so-called arab spring dawned in tunisia and changed the face of the arab world. egypt followed. and more dramatic events in will i be libya. now the national transitional council is already looking at forming a government and rebuilding a country torn apart by war. >> a committee charged with the task of the transition process has set out a number of goals. the most immediate objective will be it restore the wake services like food, water, electricity and of course restoring security is essential. in the long run, the committee also hopes that libya's new government will be able to bring together a 200 member assembly. now, that assembly would be given the task of drafting a new constitution, but this whole process could take at least eight months if not more. of course the transition will require funding, so where will this money come from? libya itself could actually dip into its own coffers