united nations got up and walked out right in the middle of a security council meeting. good morning to you. it is wednesday, october 5th. this is your a.m. wake-up call. i m carol kos tecostello live fw york this morning. it s a brand-new day in every sense of the word for amanda knox. she ll be waking up at home for the first time in four years. she returned with her family yesterday, just one day after an italian appeals court overturned her murder conviction in the death of her british roommate, meredith kercher. knox held back tears speaking to reporters thanking her parents and her friends for their support during her time in prison. what s important for me to say is just thank you to everyone who has believed in me, who has defended me, who has supported my family. i just want my family is the most important thing to me right now, and i just want to go be with them. so thank you for being there for me. italian prosecutors say they ll appeal the knox ruling to i
she has been chosen to get this consumer watchdog group off the ground. elizabeth, the card act reformed to some degree the credit card industry by mandating some degree of simplicity on statements including an easy to understand disclosure of how much people will owe if they just make the minimum payment, how much they will owe if they make more than that. do you look at that and see it as a precursor to the know before you owe. will it be successful in helping people out? i see the card act as the first step, sort of the down payment, on a real shift in what we re trying to accomplish and know before you owe is where we re really going to drive it home. we want consumers to be able to tell what the cost of something is, in this case what the cost of that mortgage will be, we want them to see the risks up front, and we want them to be able to compare two or three mortgages with each other so they can know if that s the best deal for me.
we have over 50 tlts in unfunded liabilities, medicare, medicaid, all unsustainable. i think we need to do something in connection with the decision to raise the debt ceiling. it deals with the debt. both medium and short-term, medium term and long-term. that what it would take to get my vote. a cnn contributor, secretary geithner said not raising the debt ceiling would be catastrophic for the economy. now, he concedes no one knows for certain what could happen in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m certain. a, the debt ceiling has been raised 74 times since 1962. second the consequences for not raising the debt creeling are dire and everyone knows it i have my tim russert prop. if we don t raise the debt ceiling the government cannot issue new debt. we take in 60 cents for every dollar we spend. we spend
possible mortgage documents. elizabeth warren is one of the architects of those documents. she has been chosen to get this consumer watchdog group off the ground. elizabeth, the card act, reformed to some degree the credit card industry by mandating some degree of simplicity on statements, including an easy-to-understand disclosure of how much people are going to owe if they just make the minimum payment, how much they ll owe if they make more than that. do you see that as a precursor to this know before you quo ? absolutely. i see the card act as the first step, sort of the down payment on a real shift in what we re trying to accomplish. and know before you owe is where we re really going to drive it home. we want consumers to be able to tell what the cost of something is in this case, what the cost of that mortgage will be. we want them to be able to see the risks up front and we want them to be able to compare two or three mortgages with each
some serious concessions from democrats. we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling both short term, medium term and long term. that s what it would take to get my vote. will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m so certain about this. the debt ceiling has been raised 74 times since 1962. second, the consequences for not raising the debt ceiling are dire and everyone knows it. i have my prop here. the issue is, if we don t raise the debt ceiling, the government cannot issue new debt. the problem is we take in 60 cents for every dollar we spent. we spend 40% more than we take in