robert reich, appreciate your time, steven moore too ali appreciate yours as well. follow me on facebook i'm on twit @anderson cooper >>> is it possible all the atrocities we have witnessed in syria just aren't what we're seeing, lies. we're going to hear from a top diplomat who says that. getting a first-hand report from the dissident who sees everything the ambassador denies. >>> new details in the case of missing robyn gardner. the last person who saw her what he told police. first isha sesay >>> david letterman has dealt with stalkers and blackmailers, now he's facing a potentially deadly threat from radical jihadists. we'll tell you who wants him dead and why and what he's doing about it when "360" continues. but hurry before this opportunity...disappears. the mercedes-benz summer event ends august 31st. [ dr. ling ] i need to get the results from the m.r.i. see if the blood work is ready. review ms. cooper's history. and i want to see katie before she goes home. [ male announcer ] with integrated healthcare solutions from dell, every patient file is where dr.

robert reish, appreciate your time, steven moore too ali appreciate yours as well. follow me on facebook i'm on twit @ anderson cooper >>> is it possible all the atrocities we have witnessed in syria just aren't what we're seeing, lies. we're going to hear from a top diplomat who says that. getting a first-hand report from the dissident who sees everything the ambassador denies. >>> new details in the case of missing robin gardner. the last person who saw her what he told police. first isha sesay >>> david letterman has dealt with stalkers and blackmailers, now he's facing a potentially deadly threat from radical jihadists. we'll tell you who wants him dead and why and what he's doing about it when 360 continues. 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. but i did. they said i couldn't fight above

steven moore is the editorial writer for the "wall street journal." sooec steven, is it realistic to think that if something happens that gives diane what she is suggesting, that businesses might actually start hiring? >> yeah, it is. except the only difference i have with diane a little bit is i think it matters a lot what that path is. one one of the things that happened this week is that warren buffett had that famous piece "the new york times" talking about raising tax on the rich and president obama on his magical tour this week has really picked up on that. i think the more the president talks about things like raising taxes on investment, i think that is kind of holding back the economy a little bit an i wish the president would get off this kind of bearish message of raise taxes on the rich. let's get the entitlements under control. now the is time really fix the tax system once and for all. >> you and i agree on that. we both agree on the idea we need to fix the tax code and not just raising taxes only on the rich, although i'm more sympatheti

. >> steven moore, if i may, this is nothing like the recession of '80-'81. the great rescission is much more like the great depression. it's a big, big burst of an asset bubble. when an asset bubble bursts, the government has got to do more than it typically does. the stimulus package, the first stimulus package was very, very small relative to the size of the shortfall in consumer demand, particularly when you add in that state and local governments were cutting like mad. >> just very briefly, steven and robert, both of you, steven, what do you think the chances of going back into recession are? >> you know, if you'd asked me that 48 hours ago i would have said i don't think there's a high prohibit, anderson. but look, my meter on recession went up today because of the bad news. but i still think what's more likely, anderson, is maybe 1 to 2% growth, kind of this slow growth which just isn't enough to create the jobs we need. >> robert? >> i think we're about at the 50-50 yard line right now with regard to recession. but i'm concerned also about the underly

steven moore for "the wall street journal" editorial page. he a good choice, the guy who's going to be able to unlock hiring in this country? >> i think alan krueger is a great choice for this position. he knows labor markets, he understands job creation, he understands unemployment as well. so yes, i think he'll be a good addition to the administration. >> steven moore, people even yesterday saying, he's a liberal, believes in spending and incentives to get the economy going and there's no reason for us to think conservatives saying, no reason to think he gets we want to undo the stuff the administration does, we don't want him to do more. >> i agree he's a very distinguished economist, he's very well published. i would say he's one of the top 25 economists in the kunltry. i don't always agree on some of his policy prescriptions. christine, you're right he's very likely to continue to support a lot of the programs that barack obama has put in place. by the way, he's been in the obama administration for the last couple of years, so he's been

"wall street journal" senior economic writer steven moore joins us now.doubt that fannie and freddie were going to get downgraded? we've been funneling hundreds of billions of dollars to these two, i don't know, quasi government agencies for years? >> well, good morning, steve, and eric. my answer to your question is what took them so long when it comes to fannie and freddie? the big losses that fannie and freddie took back in 2008 and 2009 when the market really collapsed. what's scary about this story is how it impacts the average american, i was looking at the statistics. 90% of the mortgages over the last year that have been initiated are either guaranteed by fannie and freddie or fha on the government presence in housing is enormous right now. >> yeah, when you're talking about things being guaranteed, you are talking about our money is backing up. great. >> exactly. trillions of dollars of mortgages that are being guaranteed by taxpayer dollars and, you know, if the housing market continues to slide, that means more americans are underwater. more fo

here in the united states, here to talk about chief business correspondent ali velshi, also steven moore, a senior fellow at the kato institute. also here robert reich at the university of california at berkeley and author of "aftershock," which is now out in paperback. ali, what happened today? >> a lot of things happened here. we had a situation where it's not just fear we've been talking about. this was actual fact. we had -- we started this morning with -- with slow bad markets out of europe, then before the markets opened, we got this report from morgan stanley which talked about slow growth around the world telling us things we already knew. but they said we're on the precipice. they didn't say we were there, they didn't say it's the base case, but they said we're dangerously close. also cited errors in policymaking here in the united states and in europe. and they said it's likely that the european central bank and the fed would have to get further involved in this economy. now, you know all week we've been talking about rick perry saying it would beo treasonous for the fed to get

steven moore is the editorial writer for "the wall street journal."e saw the bush tax cuts extended in december of 2010. generally speaking, taxes remain low. but this recovery is not taking hold. why do some argue that lowering taxes, thereby reducing government revenue, would actually boost the economy? >> first of all, ali, the reason that tax revenues are so low right now -- you're right, we're only getting about 15% of gdp in taxes and we're spending 24% of gdp. that's the big deficit gap. the main reason that we're seeing that drought in revenues is because the economy is not growing. and it's strange because i find myself in some agreement with paul krugman. the right now is growth. the economy isn't growing. we're not generating jobs. if people aren't working, they don't pay taxes, right? we do need to get to a growth program. it's just that paul krugman and i probably couldn't disagree more about what to do about it. >> how you get there. >> if you read my column in friday's "wall street journal," what i talk about is, you know the time might

. >> steven moore from "the wall street journal ". >> yeah. >> it's going to be a busy morning. >> nobody's doing a happy dance. we'll put that's way. >> we have work to do still. >> markets around the world exhaling, a lot of relief there is a debt deal on capitol hill. >> global markets rallying on the news. still plenty of jitters out there. there always are. we are live in beijing. we've been watching the futures all morning, showing a positive open for the u.s., predictions. >> less than it was a few hours ago. >> with a grain of salt too. hi. >> hi. just as you said there are jitters but at the same time we did see a relief rally in asian markets. tokyo was the biggest winner. the u.s. dollar strengthened against the japanese yen and that helped to give a boost to the exporters in japan. here in china people were relieved. a lot of the manufacturers breathe a sigh of relief this is because we've seen authorities here really for weeks now, urging washington to get its debt problem under control. also, people have been very concerned and actually the state media has dubbed all of the po

jerry willis, charlie and steven moore have theories that they will share.n this morning. we have video of their violent car chase and police shootout. you can help catch them when hemmer and i see you in 12 minutes. vrrooom...vrrroooomm vroom vrrooom vrrroooomm vrrroooomm vrroom vrrrooomm vrrroooooooommmmmm mmmm mm. >> gretchen: couple headlines. the more than 100-mile journey to florida over now for diana nyad. the 61-year-old swimmer was trying to become the first person to cross the florida straights without a shark cage. but she had to stop after 29 hours due to shoulder pain, asthma and high winds. >>> and ever wanted to run the boston marathon? you'll soon get your chance. as long as you have a treadmill and tv, a boston company called outside interactive developed a game that let's you run the entire boston course in your house. shorter courses also available. those would be for me. >> eric: the s & p downgrades the u.s. credit rating and democrats wasted no time pointing the finger squarely at the tea party. >> the fact of the matter is that this is

steven moore from the "wall street journal" said we don't yet know if all of this will trickle down toen we are put right back up there to a.a.a. best case scenario-it doesn't affect your money. >> sunday night when the asian markets open up. it sounds like the markets were pretty much braced for something like this to happen. >> whether or not this is political. read this statement. see if it reads anything other than politically motivated. downgrade reflects our opinion that the fiscal consolidation plan that congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's meefd yum term debt dynamics. the downgrade effects our view that the effects, ability and predictability of american policy making. that was the key phrase. have weakened in a time of ongoing fiscal and economic challenges to a degree more than we envisioned. if you backtrack a few paragraphs that fiscal predictability. that's what a lot of businesses say on our show when we talk to business leaders. they just don't know to hire new employees bec

bill: steven hayes, stephen moore, lynn sweet, thanks to all three of you. our question of the day, do you support the debt deal? in the past hour we have had almost 400 people vote. 93% say no. we are still raising the debt ceiling by trillions and they don't like it and let us know what you think, vote on-line at foxnews.com/"america's newsroom," and that will be open for several hours. alisyn? alisyn: huge numbers. we are awaiting the verdict for two u.s. hikers being held in iran, right now, shane bauer and josh fattal were two of the three americans arrested in 2009 while hiking along the iran-iraq border and the final court hearing of the espionage trial wrapped up yesterday and steve centanni is live in washington and what is the timeframe forgetting a verdict here? >> reporter: well, alisyn, as you said, the final court session was yesterday, in tehran, and a lawyer for the two american hikers, says he expects to hear a verdict within this week. so that would be a matter of 6 days, now. hopefully, very soon. we don't know for sure. the lawyer was hop

. >> the three little boys, steven branch, christopher buyers and michael moore were second graders whend bodies were found in a ditch. >>> a group of mississippi teeners accused of beating a black man and the new developments in this racially-charged case. >>> first, we have all seen the moving images of somalia and tens of thousands of children literally starving to death victims of famine and war, but the drought extends across kenya where one group founded by a 2010 cnn hero has stepped up the efforts to reach thousands of the youngest victims. >> reporter: as millions struggle across the horn of africa in what the u.n. refugee agency is calling the worst humanitarian disaster in the world, this organization, mary's meals, is in the middle of the crisis. >> we have been working in northern kenya for about four years now, and we have seen the situation worsen steadily. today, around one-third of the children are malnourished, and so we have a real situation of life and death, and because of that, we are trying desperately to expand our program the reach more children at risk. >> repor

moore made $222 million off of fahrenheit 911. i don't remember anybody on that network screaming about blood money or talking about the profiteering. this is like saying that stevenberg was cashing in on world war ii or the holocaust because he made private ryan and schindler's list. that's absurd. >> bill: do you think though? see, it took me by surprise because you now are out of the presidential sweepstakes. >> yeah. >> bill: you are a fox news host. >> there you go. >> bill: yeah, but, you know, come on, why -- why would they spend so much time on this, yeah, if they wants to take a cheap shot at you fine, almost like jihad against you. why are they bothering with huckabee? >> i don't care that they are attacking me. i do care that they are attacking the animated series for kids because i think it's valid. >> bill: probably don't like the basic message that america is a good country. that's probably what it comes down to. >> i think that's a lot of it real issue for us is that they never made contact and tried to get another part of the story. >> bill: they will never do that. are you kidding me? it's always propaganda. come on. now, what about the issue that