plus, violent protests intensify along egypt's suez canal.t choke out the pressure point for energy supplies? stay tuned, more "money" straight ahead. ♪ (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. ♪ melissa: so immigration reform is big news this week. democratic senator chuck schumer, republican senator, john mccain, teaming up to present their overhaul of the system, but what's the true cost, and what would it mean for the economy? here's to crunch the numbers is the center for immigration studies. steve, thank you for being on the show. >> thanks for having me. melissa: when we talk about the issue, i want to drill down on the numbers here and put emotion and

plus, violent protests intensify along egypt's suez canal.t choke out the pressure point for energy supplies? stay tuned, more "money" straight ahead. ♪ ♪ melissa: so immigration reform is big news this week. democratic senator chuck schumer, republican senator, john mccain, teaming up to present their overhaul of the system, but what's the true cost, and what would it mean for the economy? here's to crunch the numbers is the center for immigration studies. steve, thank you for being on the show. >> thanks for having me. melissa: when we talk about the issue, i want to drill down on the numbers here and put emotion and politics to the side and what it means for the the economy. the biggest problem that we have right now is that we're having trouble growing gdp, and that's why we're not getting people become to work, one of the big reasons, and it strikes me from an economic perspective that the way you grow gdp is by adding to the population. you know, a bigger populationings that's more labor, more consumption, a bigger tax base. you're a bi

port said it is a city that is of the suez canal and at the mouth of the suez canal that attaches to the mediterranean. the city has had a long history of resistance. when they nationalized the suez canal and the 1950's and egypt came under attack by france, britain, and is wrote from port said was a central target. there is a national pride in the collective memory of residence here. it is that culture of resistance that has exploded on the streets. what happened on saturday was a massacre of over 30 people who were outraged by a death sentence of 21 of their local football team fans, soccer game fans. the case has been going on for more than a year. many of the families of those, of the defendants. once the shocking verdict came out, 21 death sentences handed down, you could hear the screams of people in the streets. they approached the prison. the police opened fire. just that first day, 30 people were killed, including two police officers. the death toll the next day, they went out the funerals and the following day on sunday, seven more people were killed when the funeral came u

. >> the suez canal, looking so tranquil and unaffected. but the cities on its bonds have become the focus of egypt's turmoil. suez itself has had a state of emergency imposed and troops have been deployed after the deadliest periods of protest since the revolution two years ago. suleman is one of the many grieving for those lost in the violence. his son, ali, was shot in the stomach as he and a group of friends were to join the demonstrations against president morsi. i keep thinking of him laying in a hospital bed, he says. i pulled a sheet from his face, praying he might wake up. and i hugged him and hug him. he urged those thinking of going out to protest again to consider the parents of a leave devastated if they died. even though the president announced the curfew here, we found opposition supporters planning to defy it and demonstrate. they say the freedoms they fought for during the revolution were not materializing. >> we are not afraid of death any more. in fact, we embrace it. i have seen so much blood with my own eyes. if we canno

core few -- the curfew that is in place. >> the suez canal looking so tranquil and unaffected. cities on its banks have become the focus of egypt's turmoil. suez itself has had a state of emergency imposed and troops have been deployed after the deadliest time of protests since the revolution. this is one of the many grieving for those lost in the violence. was shot in the stomach as he and france went to join in the protests. >> i keep thinking of him lying and that hospital beds. he might wake up. i hunted him and hug him. he urged those thinking of going out to protest again to consider the parents they leave devastated if they died. even though the president announced a curfew here, he found opposition supporters planning to defy it. they have not materialized >> we're not afraid of death any more. i've seen so much blood with my own eyes. we cannot change the situation, cannot live with dignity. that is better. >> the protesters did take to the streets just before the curfew came into force. you can see what these people think of the curfew. we have seen them singing, danc

country i want to go back to the statements from the commander and he was referring to protecting the suez canal when explaining that the massive army deployment that's taking place in egyptian cities are these anti-government protests really a threat to places like the can now. that's a good question. to the surface interpretation of what's happening definitely that there are groups who are willing to sabotage anything and try to embarrass the government specifically mostly and the military. on the surface however there are deeper interpretations of what's going on some of the interpretation goes this. conspiracy theory has it that the military council or the military is behind all of this so that they can have so that they can tighten the grip over serious denial and intensify their presence militarily over there probably they don't want to see it of an economic development of this specific strategic area because it would mean handover to civilian oversight of the canal rather than military oversight of the canal or some other interpretation goes as far as that image it is behind this because

. >> i heard rumors that you are thinking of expanding the suez canal, is that true? o, not expanding, improving. >> what do you want to do? >> i'm talking about investments along the suez exacanal. we have investments, and this can be an area where you can in vest -- have investors from outside and from the egyptians, also, can make real production area, industry. we -- i want to have this area as a real -- advance, developed area along the su you z canal. >> so you're looking for foreign investments? >> yes, why not. >> not only from the u.s. -- >> from china, from russia, from the arabs, from the egyptians, outside, from europe, from well, you know, the -- the real key entrance to africa is egypt, the logistic help to investors from africa can start from egypt. we have the suez canal, the mediterranean sea, we can go with the people from africa to sudan, to libya -- >> give me a thought about the arab spring in north africa and the middle east. because i came here after hosni mubarak was gone, with secretary of state hillary clinton. and i remember we got up, withou

the state of emergency applies to three cities in the suez canal.a large crowd of demonstrators remained camped out in tahrir square in protest of morsi's government. seven people have died in the latest fire at a garment factory in bangladesh. witnesses say workers were forced to jump from windows to save themselves after managers locked an exit. the seven dead victims were all women, and were reportedly crushed to death as they tried to escape. it was the latest deadly fire at a bangladeshi garment factory since a blaze that killed at least 111 workers at a plant that made goods for walmart in november. in a statement, a coalition of international libor rights groups called on major retailers to improve safety at garment factories, saying -- attorneys for five guantanamo bay detainees accused in the 9/11 attacks that as a military judge to order the preservation of the overseas cia prisons where they were tortured. lawyers for alleged 9/11 mastermind and four others accused of turning the hijackers of the three airplanes are also asking for the ju

but then some of them say, well, they won't let us use the suez canal. my response to that is, they should want us to use the suez canal because there are fees for going through the came. they should want to be participating in trade because we send them food because they can't feed themselves. so, we don't have to pay england to be our friend. why do we have to pay egypt to be our friend? i think before we send them anything, they should act like our friend and not burn our flag and let a mob get on top of our embassy and chant, death to america. it's a huge mistake to send them weapons. >> i'm guessing one of the countries concerned about sending f-16s to egypt would be israel. where are the pro israel lobbies on these -- >> it's quite interesting. i've talked to a lot of the -- a lot of people think there's only one pro israel lobby. there's one dominant one but there's many others, and also members of these groups, and i guarantee if i went to any of their general membership meetings, the pro israel americans are with me on this issue. but they need

the three cities that president morsi has put under a state of emergency, they're all long the suez canalof the most important waterways for global interest, american naval vessels pass through the suez canal. those three major cities are subject to state of emergency and it could pose a problem for the flow of so much of the global trade. that's why everything that happens in the middle east tends to have global implications. alex. >> thank you. stay safe. we will be sure to be following up with you in the days to come. and thank you to our panelists here in new york. sam stein, governor rendell, jody cantor, and jonathan alter. that is all for now. i'll see you back here tomorrow at noon eastern, 9:00 a.m. pacific, when i'm joined by obama money bunny, mother jones, darren corn, news week's megan mccartel. until then, log on to our facebook page for the "now" day in pictures, which terrifies me in concept. it's a behind the scenes look at the day in the life of the "now" team. facebook.com/now with alex. andrea mitchell reports is coming up next. >>> right now on andrea mitchell reports

. >>> egyptians in three suez canal provinces are under a state of emergency. they'll be subject to a curfew tonight. egypt's president, muhammad morsi, is hoping to prevent the fledging democracy from spinning outf control. we have more from cairo. >> reporter: two years ago, egypt's streets were full of optimism and hope as a united people toppled a dictator. today, stifling teargas and plumes of smoke fill the air of a divided country. egypt's police are struggling to cope with the protesters. they, too, have suffered losses and are angry. when the country's interior minister came to pay his respects to fallen policemen, he was heckled by grieving colleagues and their families. and as it has for the past three days, nightfall brought more violence. outside a luxury five-star cairo hotel. with a predictable decision, police charged the crowd firing teargas. minutes later protesters returned lobbing stones and setting fires to block roads. there are few words president morsi can tell protesters. this man says the president must resign and new constitution must

. >>> egyptians in three suez canal provinces are under a state of emergency. they'll be subject to a curfew tonight. egypt's president, muhammad morsi delivered the angry edict last night. he's hoping to prevent the fledglingly democracy from spinning out of control. we have more from cairo. good morning to you. >> reporter: good morning. egypt's president mohamed morsi delivered a stern and angry warning in an address to the nation. the president declared a state of emergency in three of the country's largest cities in the eastern particular partly suez. he's also imposing a curfew to try to help restore security in those cities that have seen the most intense fighting. the military has been deployed in some of those cities and asking for more power. the ability to arrest civilians. that's is going ring alarm bells among many human rights activists. here in cairo protests continued for a fourth straight night between riot police and demonstrators bent on trying to get president mohamed morsi to resign from power and more importantly cancel a constitution that

and that's what we're seeing in places like along the suez canal, in alexandria, in cairo. and it's also important to keep in mind that it's a relatively small number in cairo who are actually confronting the security forces. many egyptians desperately worried about the state of the economy, desperate for some sort of resolution of this political security crisis. >> ben, when so many americans think of egypt, they think of, you know, cairo and its spectacular museums and the pyramids and a terrific vacation spot. but i think a lot of people wonder if that's a safe place to go, especially when you have a defense minister warning of the collapse of a state. what does that mean? >> reporter: well, today i spoke with a former general who's in close touch with senior officers in the military. and he said that their real concern is that this security vacuum, the chaos in the streets, the political disarray could lead to a civil war. at the moment, nobody see its happening soon. but if this goes on for much longer and this is two years now, regular outbreaks of violence, the worry

core few -- the curfew that is in place. >> the suez canal looking so tranquil and unaffected.come the focus of egypt's turmoil. suez itself has had a state of emergency imposed and troops have been deployed after the deadliest time of protests since the revolution. this is one of the many grieving for those lost in the violence. was shot in the stomach as he and france went to join in the protests. >> i keep thinking of him lying and that hospital beds. he might wake up. i hunted him and hug him. he urged those thinking of going out to protest again to consider the parents they leave devastated if they died. even though the president announced a curfew here, he found opposition supporters planning to defy it. they have not materialized >> we're not afraid of death any more. i've seen so much blood with my own eyes. we cannot change the situation, cannot live with dignity. that is better. >> the protesters did take to the streets just before the curfew came into force. you can see what these people think of the curfew. we have seen them singing, dancing, chanting, setting off f

and in the cities of suez and ismailia near the suez canal.orces regained control today of port said.. closing roads in and out of the city, and taking control of government buildings, banks and courts. the hacker group "anonymous" claims it took over the u-s sentencing commission's website this weekend to protest the prosecution of internet activist aaron swartz. the f-b-i is investigating. aaron swartz committed suicide earlier this month.. as he was waitingto stand trial on charges of illegally downloading millions of academic journal articles. in a video, "anonymous" said swartz took his own life because he was faced with "an impossible choice." a large-scale rescue operation in arizona has paid off for dozens of hikers. raging floodwaters in a national forest trapped close to fifty hikers. rescue crews had to use cell phone signals to help find the people -- who were scattered throughout bear canyon. after a massive search effort, everyone was accounted for. the floodwaters resulted from runoff of heavy rainfall near tucson earlier in the

>> reporter: basically we had large protests in cairo and the three cities along the suez canal, portnd ismailia. here it appears they're taking a few hours off. in the city of the suez canal, where that 0-day 9:00 pchl curfew was imposed, we're getting reports that in response to the curfew, thousands of people have gone out into the streets overnight, and, in fact, in port said, there was a very large football game staged there where thousands of people attended. so there's a good deal of continuing resistance to the orders of the government of president mohamed morsi, people not happy with his handling of the situation at all. he's been harshly criticized by many people, even those close to him, over his handling of this crisis. >> and, ben, i think obviously -- and you know this all too well -- these pictures are so familiar. two years ago the arab spring ousted mubarak and brought morsi into power. so remind our viewers what sparked this latest round of brother r p protests. >> reporter: a variety of things. in december a constitution was pushed through by the government and was

he imposed a 30-day curfew in three cities along the suez canal.epresentatives from 11 political parties to meet today to address problems in egypt. >>> the gang of eight will unveil a bipartisan immigration proposal. among the plan's biggest features? it offers a pathway of residency and even citizenship to many of the 11 million immigrants in the united states unlawfully. it prevents identity theft and would end hiring unauthorized work workers. >>> the waiting is almost over for many cold and homeless sandy victims a $50 billion emergency aid bill for victims of superstorm sandy about to clear its final congressional hurdle. the measure is expected to pass and president obama, of course, has promised to sign it. >>> the husband and brother of a new york woman missing in turkey for more than a week are en route this morning to istanbul in a desperate attempt to find her. the 33-year-old mother of two was traveling alone to fulfill her photography dream. supposed to fly back to the u.s. on january 22nd. never checked in for her flight. her travel

>> not expanding the suez canal but improving. >> what do you want to do with the suez canal?ing about investments along the suez canal. we have almost 200 kilometers and this can be an area where you can invest from outside and from the egyptians, also, can make real production area, industry. i want to have this area as a real advanced, developed area along the su zechlt canal. >> so you're looking for foreign investments? >> yes. >> from the u.s. -- >> from chin sna? >> yes, from china, from russia, from the arabs, from the egyptians, from outside of europe. from -- well, you know, the real key entrance to africa is egypt. logistic help to investors to africa can start from egypt. we have the suez canal. we have the mediterranean sea, the nile river. we can go through with the people to africa, to sudan, to -- >> give me a thought about the arab spring in north africa and the middle east. because i came here right after mubarak was gone with hillary clinton, the secretary of state. and i remember we got up one morning and she without much security, we just walked around cai

state of emergency, which prohibits demonstrations, and gathered for protests in cities along the suez canal. >> this young woman is chanting the people want to bring down the regime. a few meters away, police have also taken a position. it seems a matter of time before the situation again escalates. many egyptians just wish the violence would end. >> they need to calm down. this is not the solution. even if people do not like what is going on, this is not the solution. even if they do not want this president, this is still not a solution. throwing stones at riot police is not a peaceful way. >> president morsi is resorting to increasingly drastic measures to deal with the unrest, but a state of emergency and nightly curfew had been widely ignored. the defense minister has warned that the country could collapse if the political chaos continues. soldiers have given the police authority to arrest civilians, but the protest will likely continue. demonstrators are determined to force out president morsi, but he is continuing with business as usual. tomorrow, he scheduled to make his first offici

. >>> egyptians in three suez canal provinces are under a state of emergency this morning and will bect to a curfew tonight. egypt's president muhammad delivered the angry edict. he hopes to prevent them from spinning out of control. nbc's ayman mohyeldin is with us. >> reporter: a state of emergency has been declared following president muhammad morsi's announcement. it has been a step that many people here would not have imagined two years after the fact. now it comes on the heels of four days of very intense fighting between police and protesters. in fact, egyptian military has been also deployed in the cities of suez. the protesters, those who have been participating, have been angry about the slow transition of democracy. they're asking president muhammad morsi to cancel policies. he's holding talks with the members of the opposition. the members of the opposition say they will not participate unless president morsi is serious about resolving this conflict. >>> hundreds of families in brazil are mourning lost loved ones after a nightclub went up in flames killing a staggering 232

a state of emergency declared in egypt after riots in the biggest cities along the suez canal. >>> the dow is now set to post its best january in more than 20 years. shares rise after the central bank approve the second bailout as politicians make accusations over the failed lender. >>> 52% of those surveyed would prefer the uk to leave the euro. >> i should have said leave the european union. britain can't leave that monetary issue. we'll have plenty more on the relationship between britain and europe. for now, we can look at the relationship with markets. the euro stoxx 6700 is down about 0.4% today. not a done of differentiation. the biggest gainer, interestingly, is monti paschi. some of the airlines are struggling, too, on the back of ryan air's results. now take a look at what's happening across the bourses. we're seeing somewhat again of a trading pattern here after the last several trading sessions where it's not consistent. we'll get those up for you just as soon as we can. today, it's down pretty much across the board. the ibex shedding 0.12%. the cac 400.15% the. the xetra d

really, the focus, in cities along the suez canal where the 9:00 p.m. to 6:00 p.m. curfew has been implemented for the next 30 days. we see that most people in the cities, simply are not obeying the curfew. >> ben wedeman in cairo as chaos grows in egypt. >>> in brazil, police have arrested four people in connection with the deadly nightclub fire that killed 231. two of those in custody are owners of the kiss nightclub in santa maria, two others members of the band. the band playing at the club when the fire broke out. police say the band used pyrotechnics as part of the stage show. >>> last night, mourners held a march in santa maria, released 231 white balloons into the sky, one balloon for each killed in the fire. >>> john kerry expected to be confirmed as hillary clinton's replacement for secretary of state this morning. pretty much a slam dunk. his nomination is expected to sail through the senate. and dev al patrick will appoint someone to fill kerry's seat until a special election held in june. >>> openly gay members may soon be allowed into the boy scouts. t

continue to defy president morsi is curfew clashing with police and troops in cities along the suez canal protesters also seem undeterred by a new law granting the military power to arrest thousands have been forcefully calling for an end to the rule of the islamist leader mohamed morsi the muslim brotherhood or we now blaming them for hijacking and betraying the revolution however ahmed the key co-founder of the council of trustees of the revolution in egypt says and then the chaos the military's role should not be underestimated. the surface of the patient of what's happening definitely there are groups who are willing to sabotage anything and try to embarrass the government specifically morsi and the military. on the surface however there are deeper into the positions of what's going on some of the nation goes is that the military council or the military is behind all of this so that we can have. in the grip over this intensify their presence militarily over there probably be don't want to see an economic development of this specific strategic area because it would mean handover to civ

is rule clashing with police and troops and to find a new order imposing three towns along the suez canal. co-founder of the council of trustees of the revolution in egypt says amid the chaos military's role should not be underestimated. resurface interpretation of what's happening definitely there are groups who are willing to sabotage anything and try to embarrass the government specifically morsi and the military that's on the surface however there are deeper interpretations of what's going on some of the interpretation goes as far as that the military council or the military is behind all of this so that big can have. the grip over this race canal and intensify their presence militarily over there probably don't want to see an economic development of this specific strategic area because it would hand over to civilian oversight of the canal rather than military oversight of the canal according to the new constitution something called the national defense council this council in most countries and previously had an advisory structure right now it has more of an executive and it has more

rule clashing with police and troops and defying the curfew all day imposing three towns along the suez canal blogger and journalist while eskandar says morsi hopes to game outside support to validate his crackdown on oppositions at home he's going to the europe trip to secure funds perhaps for for egypt but but what will he do with these funds when he's very. and you know you cannot even run this country how it works you left at a time when the police were exercising brutality with a lot of people killed in the port. of him imposing the emergency law which which is promised he would never work. so it's actually has been present and i think he's just trying to secure international relationships so that he can oppress the people. back in his country hopes of a timely closure of guantanamo bay have dreamed for them but the man to us with the recent thing inmates and shutting down the u.s. detention center in cuba now transferred away the white house says not so fast find a replacement daniel fried was picked for the job in two thousand and nine by president obama vowed to shut down the notoriou

rule clashing with police and troops and defined the curfew order imposed in three towns along the suez canal blogger and journalists while eskandar says morsi is hopes to gain outside support to validate his crackdown on opposition at home. is going to the europe trip to secure funds perhaps for for egypt but what will you do with these funds when he's very hesitant and you know he cannot even run his country how it works he left at a time when the police were exercising stream brutality with a lot of people killed in. the way of him imposing emergency law which which he's promised he would never would. so so it's actually has been present and i think he's just trying to secure an international relationship so that he can oppress the people. back in his country another case of abuse against russian children adopted by u.s. citizens has come to light investigators in moscow have launched a criminal case into allegations of sex crimes against a six year old has more on that. the increasing number of news of inhumane treatment of russian children adopted by americans is alarming to say the leas

president mohamed morsi declared a state of emergency in three provinces near the suez canal. there were fueled by anger over his as honest policies and the slow pace of change. >> -- his islamist policies and the slow pace of change. >> daniel wright is charged with the shooting of patricia cook last february. he was responding to the report of a suspicious vehicle in a parking lot when he shot her. on friday, his wife testified that he fired shots after cook rolled up the window on his hand and started driving away. prosecutors and witnesses who testified said his hand was never stop. opening statements resume today in the retrial of former d.c. nightclub owner antoine jones. the supreme court overturned his conviction on drug charges saying that they overstepped their bounds when the left a tracking device on his car. this was after a search warrant ran out. jones is now acting as his own attorney. >> a bipartisan group of eight senators is scheduled to unveil an agreement on the principles of sweeping legislation to rewrite the nation's immigration law. they tackled severa

in one city near the suez canal. most of the demonstrations were aimed at president morsi and his policies. the weekend of violence left at least 50 people dead. >>> an american woman is missing in turkey and her family is heading there to find her. the 33-year-old has not been heard from in a week. she was exploring her hobby of photography. she was supposed to have flown back to new york last tuesday but never got on the plane. her husband is on his way to turkey. >> you know, you have so many things going through your mind. you don't know what to think, you don't know what to expect. >> her passport and other valuables were found in the room where she was staying. her family says she had been in regular contact with them before disappearing. >>> they were once bitter political rivals, but president obama is now lavishing praise on his outgoing secretary of state, hillary clinton. the joint interview last night on "60 minutes" was the president's idea. mr. obama said their shared vision for america's role in the wo

he's declared a state of emergency in three cities along the suez canal, also imposed a curfew and given the military the authority to arrest civilians. it gives you a sense of the kind of tension that's grappled with egypt both political and on the street. meanwhile, unrest continues in the capital of cairo and in the cities where this curfew is supposed to go into effect for the next 30 days. protesters say they're going to break and defy that curfew by organizing evening rallies every night. nbc news, cairo. >>> this peninsula is in the far eastern part of russia. a volcano has been erupting, so much so that it's created a lava lake. the nearest town is 40 miles away, so nobody has evacuated yet. scientists irkeeping an eye on it, though. people are told to keep gas masks nearby in case the air quality gets even worse. they are told certainly not to go anywhere the thing like that guy was. the volcano has been erupting since november. before then, it has been dormant for nearly 40 years. >> let me go get a sample of some lava. >> some hot flowing lava. makes me nervous. >> spectacular

we have to have access to suez canal, we have to go through egypt.exactly sure what is happening politically for us to be able to have that access ', but we have to have that canal open for our carrier groups if in case we have to take military action against iran in the next five months. >> sean: good to see you. why people in washington won't deal with this makes no sense. when we come back, superbowl commercials, one is being called racist and one is facing claims too hot for television. you will get a sneak peek. that is coming up next. later, the secret is out. cbs reporter steve croft has revealed how many he got so many interviews with the president. tonight in his honor, we're going to take some of the going to take some of the pathetic questions that officemax knows... going to take some of the pathetic questions that ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. like say, gas station sushi. cheap is good. and su

in general issued the warning tuesday after residents in towns of the suez canal openly defied a curfew imposed on the morsi government, flocking to the streets to call for the exit of morsi as military troops watched on. at least two men died in clashes in port assayed, adding to dozens of others killed in recent days. protests erupted outside the second anniversary of the egyptian revolution that ousted president mubarak. in port said, the unrest was killed by death sentences handed down saturday for 21 city residents accused of playing key role in a deadly soccer riot last year. the united nations to be forced to scale back food aid due to lack of international funding. on monday, the director of the in humanitarian operation said relief workers have already cut the nutritional count the food rations and half in the past two months. speaking after a trip to syria, he warned the country is seeing widespread devastation. but it is really shocking the scale of the devastation and the cost and amount of time it will take to recover already, not to speak of course about the fact this is g