i did. welcome to american morning. first, let s get started. could be a tipping point in the wall street movement. patience with the protests wearing thin and more and more cities grown tired of the headaches associated with the protests. in portland, oregon, a standoff on the city streets overnight. more than a dozen arrested as police cleared the city parks of makeshift camps. the mayor of portland telling cnn the every campments are now public health hazards. and two policemen arrested when police tried to remove furniture and tents set up in a park. and in philadelphia, the city s mayor telling reporters what started out as a peaceful protest is now threatening public safety. occupy philly has changed. we re seeing serious health and safety issues playing out on almost a daily basis. occupy philly is fractured with internal disagreement and disputes. the people of occupy philly have also changed, and their intentions have changed. and all of this is not good fo
heard. well leaders met in hawaii on sunday, but this was no vacation. their focus talking trade and jump starting the world economy. and in thailand, we visit an area known for its temples and tourism as it begins to emerge from all that water. that s just ahead. captions by vitac www.vitac.com well, it was an idyllic setting, palm trees, blue sky and light a breeze. but they tackled some heated issues on sunday. u.s. president barack obama hosted it, making a push for a free trade zone across the pacific. so far, 12 countries have shown interest but not china, which clashed with the u.s. on several issues. president obama took up one sticking point after the summit wrapped up. take a listen. most economists estimate that the r&d is devalued by 20, 25%. that means our exports to china are that much more expensive and their imports into the united states are that much cheaper. now, there s been slight improvement over the last year. partly because of u.s. pressure
cleared out the protesters personal belongings. 17 people were arrested there. and in a few moments, i ll have a report on where the money comes from to finance the occupy wall street movement. president barack obama is in full asia pacific mode today in hawaii. he s hosting the annual apec summit and hoping to re-energize u.s.-based business in that region. the president told ceos that americans need to stay to use his word hungry in attracting new investment from overseas. it is important to remember that the united states is still the largest recipient of foreign investment in the world. and there are a lot of things that make foreign investors see the u.s. as a great opportunity, our stability, our openness, our innovative free market culture. but we have been a little lazy, i think, over the last couple of decades. we have taken for granted, well, people want to come here. we aren t out there hungry, selling america. in a little over an hour from now, vice presi
marketsite. american morning starts right now. no vote on the debt plan again. i m christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. i m kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along the southern coast today. and it s happened again, a muslim-american soldier in police custody for allegedly plotting to kill fellow soldiers at ft. hood. a live report from texas on this american morning. good morning. it is friday, july 29th. this is american morning. a lot going on to get you caught up today. it s interesting there s a report from credit suisse that says if the u.s. were to default, u.s. stocks would fall 30% over six months to a year showing you just how serious this
anybody else to go to the ball with you, i could come. that is a great offer. there s no word yet if sergeant lewis has accepted. actress linda hamilton s invitation. meanwhile, justin timberlake and mila kunis are still attending the marine corps ball. it will be quite a star studded affair, brian. it is going to be. and i love that linda hamilton stepped up like that and i hope that author is indeed accepted. meanwhile, nfl owners and players reportedly on a deal that could end the lockout as early as today formally tomorrow. they hope to have a proposal ready to show the players executive committee when they meet in washington, d.c. this afternoon. if the 32 team reps are ok with it and i believe they will, they can vote on the proposal as early as a few hours from now. it would then go to the team owners for a vote on thursday and they could start playing tackle football again! and signing free agents. also, while you were sleeping, basketball superstar yao ming