almost unaffordable. it seems to be there is an assumption that all boat owners are rich.his argument came up a lot. i attended a lot of the america's cup early discussions and that was a fear that bring the america's cup to san francisco, that the un wealthy would not benefit and be squeezed out. that is how i feel right now at south beach with my 30-foot slap been increased by 41%. if a residential rent increase was presented, there would be riots in the street. some earlier comment about low hanging fruit. that kind of hit the target. there is a lot of income about to be available to the city with the america's cup. there is a lot of people who would have big boats that could afford whatever rent increase because they want to be here in the center of the america's cup activity. that -- i am a season holder at the ballpark in the bleachers seat and i pay my $20 and now the world series is coming to town and their people willing to pay $200 for the seat and i'm getting squeezed out. for a long time, it seems a very unreasonable and it smells of creep. thank you for your t

it makes those programs even unaffordable under the current budget scheme. is there any one of three that could be given away? >> i hope not vago. all three of the things are currently in our bunt structure. if the costs are controlled and bemaintain the costs -- we maintain the costs we currently have projected the cost shouldn't be a major issue for those unless something changes again if it could. if -- which it could. if it does the entire game changes and then i think we have to be very realistic about the operational priorities and i think that as we looked at this, we have a couple of options. cancel the program or downsize programs. either of which has significant second and third order effects. this is going to take some serious thought and not just within the air force programs. as we look more and more at the pa sick when you talk about the range, the payload, the high altitude sensory requirements, these are all things that the air force is at the heart of the effort for. and so i hope that we're not going to look at every service and just take x

they enforced the community reinvest act to give unaffordable mortgages. bill clinton deregulated banks. he's the guy who signed the end of glass steagal which created tremendous risk taking by hot shot banks. how can clinton blame bush for stuff clinton started regarding the housing boom and the bank problem? >> that's right, larry. if you look at fannie mae and freddie mac which were at the epicenter of the housing crisis, they were the ones giving 100% loan guarantees on these faulty mortgages and the subprimes. it was started actually under clinton with a big boom of having fannie mae and freddie mac ensuring every mortgage. i want to address another point. president clinton said if n the interview nobody could have cleaned up this mess in four years. everyone agrees, david agrees. everyone agrees obama inherited a great economic crisis. there are two problems with president clinton's line that it couldn't have been cleaned up in four years. you work for a president who did clean up a mess in four years and that was ronald reagan. by 1983 the economy w

they have money, much unaffordable. in the boom years, prices were rising fast, especially housing. >> the government needs to keep a lid on inflation. if prices stay high, then people will be more and more dissatisfied. >> china's next leaders will face an uncomfortable time. the next leader is expected to take over the communist party, but has not been seen in public for days. had he fallen victim to political insiders or just injured his back? >> they are now preparing to step aside just at a time that they have been buffeted by rumors of scandal. china's incredible growth story may be running out of speed. >> for more on the growing interest and the next leader's whereabouts, i spoke with the former china analyst at the cia, chris johnson, who is out now at the center for strategic and international studies. the next leader has not been seen since september 1 and has canceled meetings with the least four foreign dignitaries. >> that is right. he has not been able physically to make a public appearance. with the tran

they made a decision if they could afford it to your kids would go to college because it is so unaffordable and college would cut prices because there is no demand. >> you stated you would cut government spending but also the moratorium on immigration from mexico. how do justify the great expense that would go a chancre? a lot of labor from california are illegal workers. >> illegal state jobs from u.s. citizens. they should go first to u.s. citizens. it cost billions of dollars. if you have a child automatic citizen. medicaid, food stamps. john: most of the mark -- work. >> a child gets it. a lot of the illegals get public assistance but first you should produce naturalization certificate, birth certificate and they go papers. >> what is your view on environmental protection? >> has of it right to protect us from groups that protect us from harm. i promise a balanced budget with 43% reduction of the epa but it protects us against polluters. as the governor of the mexico there are. who shut some down but the government? the benny individuals don't have the deep pockets of the polluting corp

growth programs could become unaffordable. unemployment could rise. demonstrations and strikes like these in greece and spain could cause trouble for governments across europe. speculators could see their charts come into turmoil. >> it would certainly lead to chaos on the markets and that is the last thing we want. that is why everyone knows the constitutional court has a major responsibility. we were careful to make sure the legislation is constitutional and we are confident we are right. >> some see the european central bank as a savior. their unlimited on a buying program should make it easier for countries like italy, greece, portugal to borrow at low interest rates. >> and adequate or hesitant policies and wavering is what led the european central bank to take such strong action. i think it will be necessary to win the time. >> the european central bank will only help countries that agree to implement tough reforms and austerity measures. once that some countries may not be prepared to accept. if the court rules against it, the german engine wor

. >> but romney says the affordable care act is unaffordable. >> we know that health care is too expensive. obama care doesn't make it less expensive. >> he wants obama care gone, including the prescription drug benefit for seniors. but he does want to keep the most popular pieces of obama care although he doesn't say exactly how this plan would work. >> we have to make sure that people who have pre-existing conditions can get insured and that folks who get sick won't get dropped by their insurance company. >> romney and his running mate paul ryan promise to cap medical insurance, cap mcut medicate by $810 billion over the next ten years. give states more control over their medicaid funds, overhaul medicare. >> this financial support system is designed to guarantee that seniors can always afford medicare coverage, no exceptions. >> now, there's some major differences between the candidate as you see there, but perhaps one of the biggest splits is over medicate. currently most people understand medicaid to be a safety net for the poor, but what it actually covers is poor families with child

. >> the people who had their unaffordable mortgages, they weren't dealt with effectively. there's a tendency to lump the banks together as terrible entities and there was some differentiat!pt2éz and some had behaved well. there were good faith borrowers that got stuck in morchs and didn't understand them and got themselves in to a situation that never should have occurred and we needed to help those people and never willing to spend money and capital to help those folks. >> who is better off? most of the bailout money has been paid back. >> it has. just because the bailouts made money doesn't make me feel better about them. on a cash flow basis i'm glad thif been profitable but doesn't justify what we did. to have a financial system based on the idea that if institutions make dumb mistakes and get in trouble again the taxpayers will bail them out until they are profitable again. it is crony capitalism and should not be the framework for a financial system. i think there is some sentiment in the financial sector, as well as washington, notwithstanding dodd franks, explicit

>> the mortgagees who got terrible, unaffordable mortgages. they weren't dealt with effectively. there's a tendency to lump all the banks together as terrible enti entities. there was a differentiation. there were a lot of good faith borrowers that got stuck in mortgages, they were pushed on them, they didn't understand them. they got themselves into a situation that never should have occurred. we needed to help those people and never were willing to spend money and political capital to help those folks. >> how do you feel about the system today? who's better off? >> just because the bailouts made money, it doesn't make me feel better about them. i'm glad out of a cash flow basis they so far have been profitable but that doesn't justify what we did. to have a financial system based on the idea if institutions make dumb mistakes and get themselves in trouble again the taxpayers will bail them out so they're profitable again, that's what investors call crony capitalism. that should not be the framework for a financial system. i think there is some sentiment in the financial sector

that was unaffordable.e transferred here to brooklyn college, a public institution, where annual tuition is just over $5,000. >> it does put a little bit of a pressure to want to make sure i get that good-paying job to make sure i can pay these loans back. >> reporter: one in ten families has student loan debt now owes nearly $62,000, $7,000 more than just three years earlier. total u.s. student loan debt has surpassed $1 trillion. while student debt is rising, average starting salary for college grads have gone up only slightly to just over $44,000. when of with the degrees you have, what are the starting salaries for the position? >> anywhere from 50 to 60 starting. >> reporter: brothers enters the job market next year. right now he's earning enough with her part-time job at the student center to keep up with her 70-a-month payment but those will balloon to $300 next year. >> i may be paying it back the rest of the my life, but i do want to pay back my loans. >> reporter: with the unemployment rate for am

he said voters that republican plans will make health care unaffordable for seniors. he also blamed president obama for the strugglingy saying their policies caused problems to begin with. >> organizers are planning a week of resistance. saturday, the group protested outside of the bank of america branch. they put up tape blocking the entrance. >>> our slogan is the banks were bailed out, we were sold out. and a lot of people were sold out by the banks. this is a way to make it real. we were able to stop one eviction and to delay another one for a couple months. >> tomorrow they plan to block k street during the morning rush. >> and the redskins battle the bucs today and the gnats could be celebrating a title. the number is down to one, so with a win or the brave's loss, they clinch the east. they defeated the cardinals 6-4 in extra innings. if they don't do it today, they can do it tomorrow in front of the home faithful against the fillies. >> and the orioles on their push finish the playoff, they're now tied for the al east division lead with the yankees. the o's is

of people have the misconception, they think tennis is an elite support, something expensive, unaffordable. how do you allow kids to get out there and avoid the cost and be able to do something after school like this? >> what's really great about this whole tennis system now, you can buy a tennis racket for less than $25. it is a lot more affordable. and also there's these free tennis for play around the country, tennis-free play. you don't have to pay for anything. >> all across the country you can look up places to get free tennis days to just try it, see if you even enjoy it. >> bottom line making it affordable and having an outlet for families to get together on the weekends and play around and get exercise. >> this is how they get started, graduate to the rackets. soccer moves. good job. we should mention they are with the national junior tennis and learning of harlem. great, kids, to have you here. thanks for being a part of this as well today. thank you both for being here. >> thank you. >> right back after these messages. good one. he's got all the moves. tter.no. these work, right

. >> but romney says the affordable care act is unaffordable. >> we know that health care is too expensiveobama care doesn't make it less expensive. >> romney and his running mate paul ryan propose to cap malpractice insurance, cut medicate by $810 million over the next ten years, give states more control over your head indicate funds, overall medicare, the overall? people now under than 55, when they reach retirement, they can have a voucher to purchase private insurance. >> this is to guarantee that seniors can always afford medicare coverage no exceptio. s >> romney doesn't want to take out all of the law's provisions. >> we have to make sure that people who have prekpigsing conditions are able to get insured and folks that get sick don't get dropped by their insurance company. >> douglas iken who is the president of the insurance -- >> both sides agree that the mountainous medicare needs to be capped, they just don't agree how to get there. what romney and ryan say they're going to give the money to seniors so they can shop and if they don't like the choice, they can go to another choi

. >> reporter: romney says the affordable care act is, "unaffordable." >> we know that health care isnsive. obama care doesn't make it less expensive. >> reporter: romney and his runningmate paul ryan cap malpractice insurance, cut made by $810 billion over the next ten years, give states more control over their medicaid funds. overhaul medicare. the overhaul, people now younger than 55. when they reach retirement will have the option of getting a voucher to purchase private insurance or they could stick with traditional medicare. >> this financial support system is designed to guarantee that seniors can always afford medicare coverage, no exceptions. >> reporter: while the repeal of obama care would get rid of the prescription drug benefit to seniors, romney doesn't want to take out all of the loss provisions. >> we have to make sure that people who have pre-existing conditions are able to get insured and that folks that don't get sick don't get dropped by their insurance company. >> reporter: the president of the american action forum. he doesn't support the current health care law.

for young people, you know, who i represent, it would make going to college basically unaffordable. romney, when he was in ohio, when asked how outcome people should pay jung people should borrow from their parents. i don't think that's forward looking. >> emily, 8.3% unemployment jobs report coming friday just hours after the president accepts his party's renomination. we have got enim nehemiah mick 1 anemic 1. a 5. you guys are stuck with talking about college loans. that's an important issue but that's not what most americans are talking about. >> sure, no, we absolutely should be talking about the economy. we just had an entire week for romney, ryan to unveil their program. their plan. it is not something that we saw. this week in charlotte we will see concrete plans from president obama talking about how we are going to keep and raise a strong middle class. >> all right. assemblyman, go ahead. >> if we talk about history repeated itself, we heard all of these promises from president obama four years ago. they didn't work. look, governor romney was clear. he said, look, we wante

college becoming increasingly unaffordable for the middle class. we have to continue the invest.at's where the investment in pell grants was so important. the president fought so hard and won to keep interest rates from going up but we have to challenge states to invest and we have to continue to challenge universities to keep their tuition down. >> are people going to vote on this? i know they are talking about it. i don't know anybody who is not concerned about education or who would argue with the president's argument which is that a stronger education system is an economic imperative. but do people vote on this issue? >> i think it's hugely important. all of us have children. we have grand children. we of nieces and nephews. we have to educate our way to a better economy. we're in a global competition. if countries are out educating us today they will out compete us tomorrow. we have to don't invest. the other side our opponents they want to cut. we simply don't think that makes sense. we think that's cutting off your nose to spite your face. we don't need a less educated wor

that was unaffordable.e transferred here to brooklyn college, a public institution, where annual tuition is just over $5,000. >> it does put a little bit of a pressure to want to make sure i get that good-paying job to make sure i can pay these loans back. >> reporter: one in 10 families has has student loan debt now owes nearly $62,000, $7,000 more than just three years earlier. total u.s. student loan debt has surpass the $1 trillion. while student debt is rising, average starting salary for college grads have gone up only slightly to just over $44,000. when of with the degrees you have, what are the starting salaries for the position? >> anywhere from 50 to 60 starting. >> reporter: brothers enters the job market next year. right now he's earning enough with her part-time job at the student center to keep up with her 70-a-month payment but those will balloon to $300 next year. >> i may be paying the rest of the my life, but i do want to pay back my loans. >> reporter: with the unemployment rate for ameri

. >> romney says the affordable care act is unaffordable. >> we know that health care is too expensiveobama care doesn't make it less expensive. >> romney and paul ryan propose to cap malpractice insurance, cut medicaid by $810 billion over the next ten years, give states more control over their medicaid funds, overhaul medicare. the overhaul, people now younger than 55. when they reach retirement, would have the option of getting a voucher to purchase private insurance or they could stick with traditional medicare. >> this financial support system is designed to guarantee that seniors can always afford medicare coverage no exceptions. >> while the repeal of obama care would get rid of the prescription drug benefit to seniors, romney doesn't want to take out all of the law's provisions. >> we have to make sure that people who have preexisting conditions are able to get insured and that folk that is get sick do not get dropped. >> the president of the american action forum doesn't support the current law. >> both sides agree the amount we spend on medicare has to be capped. they just di

supporters say it would provide a cheaper option in a city where rent has become unaffordable.cs say the units would not help families and could boost population density. we will be right back. vo: for years, sacramento politicians have chopped away funds for our schools. today, we're forty-seventh out of fifty in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>pam: the iphone 5 has sold out in the plant that produces high hall had sold all. shahada cost [ laughter ] [ girl ] wow. you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the

. >> reporter: but romney says the affordable care act is unaffordable. >> we know that health care isobama care doesn't make it less expensive. >> reporter: he wants obama care gone. including the prescription drug benefit for seniors. but he does want to keep one of the most popular pieces of obama care, though he doesn't say exactly how his plan would work. >> we have to make sure that people who have pre-existing conditions are able to get insured and that folks that get sick don't get dropped by their insurance company. >> reporter: romney and his running mate paul ryan propose to cap malpractice insurance, cut medicaid by $810 billion over the next ten years, give states more control over their medicaid funds, overhaul medicare. the overhaul? people now yunger than 55, when they reach retirement, would have the option of getting a voucher to purchase private insurance. or they could stake with traditional medicare. >> this financial support system is designed to guarantee that seniors can always afford medicare coverage, no exceptions. >> those are just some of the major differen

very well with independents in large part because they said the president's health care law is unaffordable, it's invase i have, it's all wrong, and they prosecuted that with single-minded attention. now, romney can't do exactly the same thing this time, but he can bring that single-minded focus to it because he's the dirty -- here's the dirty secret in politics, not just that republicans, not just that democrats but independents have a deepening sense that the country is on the wrong track. what mitt romney had was that people would throw up their hands and say we have to have a change, but in fact what he's finding out is unless you can make that difference very clear and talk about these two views in very clear terms, people aren't just going to go with the new guy, because they did that in 2008. they went with somebody that they didn't know about. they didn't like the result. now, if firm wants to get the -- if mitt romney wants to get the job done, he's got to hold himself out as the guy that can start softing problems in this messed-up city. megyn: there's, obviously, several critical

and increasingly this will be unaffordable for seniors. medicare program. so i think anybody who thinks the medicare program is important for themselvesor their parents or grandparents or in the future for those people who will be 65 in the not too distant future, this is really a very important issue. >> stephanie: absolutely. ron, so sorry we're at a hard break. thank you so much for taking time with us. appreciate it. >> you bet. >> stephanie: all right. 58 minutes after the hour. we roll along here in charlotte north carolina here at the democratic national convention. it's the "stephanie miller show." ♪ i'm going to be on with the governor tomorrow night. she is awesome. we'll be right back on the "stephanie miller show." [♪ theme music ♪] >> stephanie: okay. last day of convention coverage, we are if it's possible all drunk and hungover however, jacki schechner has pneumonia, and she worked convention coverage last night and she is this morning and tom brokaw has some questions for you. >> i want to break into your medicine cabinet a

confirming what a lot of us have been predicting all along, this would become unsustainables, be unaffordableld amount to a wholesale breach of a promise not to raise taxes on middle income americans. bill: do you think people realize this? are they starting to see it now? >> they're starting to see it now. data continue to trickle in. we continue to get more reports from the congressional budget office telling us this is the case. americans don't want this and they don't need it. that's why we continue to push for legislation that would either repeal the affordable care act all together or at a minimum defund it, or as my bill does, s-3411, it removes tax assertion of authority. removes anything could be read as congress's power to tax. if you remove that, according to the supreme court the whole thing crumbles. bill: we'll see what comes out of cbo next. the story is changing for some time. mike lee, republican out of utah. we'll follow your legislation and see where it goes. thank you, sir. 12 minutes before the hour. here's martha. martha: there are new questions out there how much the am

. >> reporter: romney says the affordable care act is unaffordable. >> it is too expensive. >> reporterng the drug prescription benefit for seniors but he wants to keep one of the most popular pieces of obama-care and doesn't say exactly how it works. >> we have to make sure people with pre-existing conditions are insured and folks that get sick don't get dropped by their insurance company. >> reporter: romney and his running mate paul ryan plan to cap malpractice insurance. cut made daedicaid by $810 bill over the next 10 years, give states more control over medicaid funds. the overall, people under 55 have the option to get a voucher to purchase private insurance or they can stick with traditional medicare. >> this financial support system is designed to guarantee seniors can always afford medicare coverage, no exceptions. >> reporter: i tell you, we don't talk about medicaid as much as you know. a big part of obama-care is expand medicaid, give the states the option to expand the federal poverty level people can qualify for it. it costs money for the federal government and state gove