with this film does is it tries to raise the curtain on who obama is whether people like them or they don t like them, they will get to understand a lot better. megyn: he went to kenya and you interviewed barack obama s half brother, would you find? well, that s an interesting chapter in the film. george obama is the president s half brother. i was intrigued by him because i discovered that he was living in a six by 10-foot putt in the slum of kenya. now, what is odd about this is that barack obama, president obama, has been going around the country saying that we are our brother s keeper. it is one of his praises. we owe obligations to each other. here he has his own brother, his brother and the guys living on a couple dollars a day, and president obama is a multimillionaire, honestly the most influential men in man in
liability come if you have a 10 million-dollar liability and you re getting a percent and you are only getting 5%, it means they really have $13.5 million in liability, and movies is likely to downgrade the credit rating of hundreds of cities across the country. listen. this is just a spiral effect. as financials get worse, movies will keep downgrading them in interest rates will go higher and higher, eventually again. you are at a point where you are out of money and declaring bankruptcy. reporter: three california cities filing bankruptcy. san bernardino, stockton and my hometown mammoth lakes. there will be more in the next several months and years to come. megyn: it would be great if you could just think i m getting a percent or 10% interest every year. but who is managing that other than the bernie madoff returns? that s exactly right. the biggest problem is they are basing this long-term. they are projecting out 15 or 20 years like in san bernardino, saying that we
boater we are talking about a surgery with nearly 1012% unemployment. the third-highest foreclosure rate in the country and now we learn that the accountants in san bernardino who have been cooking the books for 13 years, spreading out the losses. the city of san bernardino is so broke that i cannot make payroll after august 15, which means that police, firefighters, trash collectors and other city services would likely stop working. here s the reaction after last night s vote. listen. i ve been here all my life, and to see this. thirteen years we ve been lied to. reporter: so green to chapter nine bankruptcy, the city can stop paying creditors and use the courts to renegotiate contracts for city workers. but this is important. it cannot get out of paying the cost of pensions and health care or retired city workers. that is an enormous chunk of city revenue. this is a stark warning for cities across the country because now moody s investors, which is the credit agency for w
join us to open up about their son and ask questions about the tragedy today, wednesday, july 11th, twomp. tragedy today, wednesday, july 11th, twomp. 2012. captions paid for by nbc-universal television announcer: from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. and good morning. welcome to today on wednesday morning. i m matt lauer. good morning, everyone. i m savannah guthrie. we do have breaking news. that overnight train derailment and explosion in columbus. it happened to the southeast of the hawaii state university campus. it shook up a lot of people. witnesses say a huge fireball lit up the sky and a chemical smell filled the air. right now investigators aren t sure exactly what caused that crash. as we said, the area around the site has been evacuated as a precaution. we re going to have the latest on this story coming up just ahead. also ahead this morning police released the frantic 911 call m
son and ask questions about the tragedy today, wednesday, july 11th, twomp. tragedy today, wednesday, july 11th, twomp. 2012. captions paid for by nbc-universal television announcer: from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. and good morning. welcome to today on wednesday morning. i m matt lauer. good morning, everyone. i m savannah guthrie. we do have breaking news. that overnight train derailment and explosion in columbus. it happened to the southeast of the hawaii state university campus. it shook up a lot of people. witnesses say a huge fireball lit up the sky and a chemical smell filled the air. right now investigators aren t sure exactly what caused that crash. as we said, the area around the site has been evacuated as a precaution. we re going to have the latest on this story coming up just ahead. also ahead this morning police released the frantic 911 call made after a florida teenager was