i don t want a global military force. for all of the donald rumsfeld out there watching me, cursing me out right now saying this is no time to get rid and cut defense spending, this will help. are you ready? this is the world s spending. this is how much, this is who accounts for all of the military spending in the world? here it is. there is south asia. africa. this part is russia. right here. east asia. china. this is all europe. here is america. almost half of all money spent on the military expenditures the entire globe, we spend 47% of it. the next bigger spender is europe. by the way, that s not a country. that is a collection of countries. 20%. $289 billion is what they spend on military related
expenses. $289 billion for everything. we spend $250 billion protecting them and fighting a war we re supposed to be partners with. for our defense? don t tell me we can t afford to cut back. we can. we found $400 billion to trim from the budget. we have just done a few things. all we need is commitment and common sense. but we also need understanding and we need a real dialogue with americans. i vote for the plan! do you? next, what glenn says is particularly bankrupting america.
brian: got you. try suing the state or federal government for the services they took away for medicaid. brian: right. 46 states facing $89 billion in budget short falls in 2011. it should be a crazy 2011. brian: peter, thanks so much. 12 minutes before the top of the hour. let me tell you what s coming up next as we close this out. city officials helping themselves to a little extra cash. it s happening again right under our noses. that s next. first, let s check in with martha mccallum who i imagine had a wonderful weekend. but she wants to focus on what s happening at the top of the show. we re moving forward. thank you. here is a question for you, howard dean going after the president s inner circle. what is up with that? is a shakeup in the cards? we re going to talk about that. a strange muscle illness takes down 19 football players. we re going to tell you what the experts think is going on here, coming up.
there is clearly a short-term fear factor involved. people don t want to hire because they are terribly concerned they may have to let them go. well, that was former federal reserve chairman alan greenspan on cnbc this morning talking about the lack of jobs, some seeing it as a sign that we are at a risk of a double-dip recession. . well, tomorrow s job report isn t expected to be any better than last month s and you can add to that fact that starting today, states have to figure out how to get a combined $89 billion in debt off their books. they are looking at very tough layoffs. with us now, cnbc s senior economics reporter, steve liesman. stev steven pearlstein is a financial columnist with the washington post. two steves, we like to call them. you are here to thoroughly depress us. start with the issues of the states. congress appears to be in no
florida cities. the new york times this morning says the cost of rescuing fannie may and freddie mac has risen to $146 billion, and could reach $389 billion. two car bombs in baghdad today have killed at least 27 people, and wounded 55 others. the bombs exploded at the same time in a crowded square. flooding in china has killed least 132 people, more than 80 others are missing. water chased 860,000 people from their homes. a royals watcher telling nbc news prince harry has split from his longtime girlfriend, chelsy davy. she reportedly ended the relationship because she s moving to south africa to start a legal career. those are your fast five headlines. the mother of joran van der sloot has broken years of silence. now, speaking out about the murder charges her son is facing. anita van der sloot said joran