when we started this thing, chuck wald said you know they'll burn this building down, don't you? that's the building where we are. i said, who? >> he said the vfw, and he meant it. those were the people that are going to be upset. the people that get the benefits now and had promised to get benefits forever and oppose any benefit change. so i think you really have to look at the budget in discreet pieces and say, what are you going to do about the hollowing out that's already occurring because of all of the money we have to spend on benefits? so i think it's a more complicated subject and i don't think it's one sequestering will solve. i think it's one that maybe is going to take a couple of years to solve until people like wald and jones and the people like that stand up and say, hey, you know, we're spending too much money on benefits. >> mike, let me make a quick point here as background to sequestration and that is why are we here and have sequestration? i mean, think of the logic of it. 30 or 40ers yoo a eryears ago w of the budget on programs we think are appropriate. now w

. >> jon: so, jim, she also wrote to a former abc news executive richard wald now at the columbia journalchl school journalism school and tried to get his support. >> this is a window into the world of celebrity get. how you get access to the fill in the blank person who is famous at the moment. the and assad said i have nothing to do with people getting murdered and she sat and listened to them. now we know how the game works and played. >> they get chummy with aides, this is not every journal, but some might get chummy with aides and exploit the relationship and return the favor. you have to ask the question if somebody on the right had done this, they would so be fired. always the little-- >> let's move on to the other controversy of the week, the u.s. media joined the british in celebrating queen elizabeth's diamond jubilee, 60 years on the throne, the massive flotilla on the thaems and ride through london in the horse drawn carriage and outside buckle ham palace. and always popular with the press, but were you glued to the television. >> it would be hard for me to care less, and acco

gris wald and as you watch it's a home to 17 people traveling 17,000 miles an hour, high above the earthappen to know they watch this broadcast on a nasa upload. it's only fair to them we watch them back this week. >>> when we come back, an amazing rescue almost nobody thought would ever happen. the millions of men ne of who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or m

. >> thank you, chairman wald on and ranking member eskew and members of the committee. i want to thank you all for the opportunity to testify on behalf of the motion picture association and the member companies and i want to acknowledge and thank my colleagues on the panel. i am honored to be with such a distinguished group here this morning. whether you are in a theater, at home, on the road, or choose to download and view when you want, content creators, consumer electronics companies, and content distributors are working together to provide new, innovative pgs 0s for audiences and easily access high quality content. we welcome this opportunity to testify and work with this subcommittee as you consider appropriate policies for the future of video. this is an important discussion and we're pleased to be a part of it. like all successful businesses we're driven by the desire to create and meet consumer demand for the products that we produce. we're listening to our audiences. we're atune to their desires and every day we are developing innovative new pays to give viewer

well, they were at the wald observe astoria hotel in new york, at a fund-raising. fitting. >> thank you. i was in wisconsin a couple of days ago. 73% of the school districts have laid teachers off. >> that's the austerity policy. it isn't good economics. sglfrnings we have worked too hard and too long to right the ship and move us in the right direction. we are not going backwards. we are going forwards. >> that's what we are doing, new york. we are going to do it with your help. >> yeah. it all sounds good, but look at where they are. they reached three and a half million dollar. so talk about it in new york raising all of the money from those donors. >> that's the whole problem in the first place. >> that's why we have the wisconsin problem because the money in politics. the answer is not to join that but to fight that. unfortunately, that's not what's going down but hey, they might win in wisconsin despite president obama's lack of showing up. let's go to david shuster in wisconsin. now that you have shown up, what did you find there? what's going on? i am heari

police say 32-year-old charles wald doused the vehicle with gasoline and plowed into a building in northwest and then tried to set it on fire. court records show the owner of the stolen jeep had filed a restraining order against him hours earlier. the own -- the charges include assault with intent to kill. >>> closing arguments are scheduled today in the trial after prince george's county lawmaker accused of theft and misconduct. prosecutors say state delegate tiffany alston paid an employee in her law office about $800 in state funds. her attorney says the employee performed legislative work for the law office. but in a separate case allstonle faces -- alston also faces charges for using money for wedding expenses. >>> the community services board has warned it faces a potential budget shortfall of more than $9 mill next year. the programs in jeopardy include services to assist the mentally ill, homeless and those with developmental disabilities. >>> time for another your money segment. >> jessica is back with some local businesses that apparently have been getting ripped off. >> these are

and in the new book "watergate: the hidden history," just out this week, author lamar wald republicann between the white house, the cia, the mafia and the scandal. good to have you in studio with us this morning. >> good to be with you. >> let's talk about the mafia connection. what's that all about? >> well, as it turns out, you know, nixon knew that mark felt was providing information to "the washington post," found that out just four months after the watergate break-in arrest, but he really couldn't stay anything about that. he couldn't reveal that because he knew that mark felt knew, because as the number two, the number three guy in the fbi, a couple of very important secrets in nixon's background that, as it turns out, are the reason for the watergate break-ins, and i say break-ins because there were four attempts, two successful. >> so, he thought he would share that if he gave him up? >> he could, because almost no one else knew about these things. these things were kept secret for so long. it all went back to 1960, when richard nixon was the vice president and had been for ei

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