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Transcripts For CNNW Piers Morgan Tonight 20120804

emotion. my heart went out to ryan. plus, the need for speed. what happens when the fastest woman in the world sits down with me. i m calm. i m focused. i try not to let the pressure overwhelm me. and two of the biggest exports to america, katherine jenkins, what he thinks about ryan lochte. he s gorgeous. of course. and the voice of england a knockout performance by singing sensation alfie bolt. this is pierce morgan tonight. good evening from london, where the first four weeks of the 2012 summer olympics are coming to a close, the drama, controversy, emotions. as nfor the medal count, u.s. ad china are battling. american swimmer ryan lochte a gold medal winner, heartthrob and it s his birthday. he ll join me in a moment. and the fastest woman on earth. ryan, how are you? i m doing good. congratulations. thank you. you just ruined a lunch date i had. it wasn t really a date. it was a female friend who talked nothing about you. i m sorry i ruined you

Transcripts For CNNW Erin Burnett OutFront 20120803

take a look at this ad in the wall street journal. first of all i want to draw your attention to the cartoon. there is obama on a tortoise with a whip. what was it supposed to be the tortoise and the hare? the newspaper denied the catchy cartoon but every word was written by glen hubbard. here in the second to last paragraph is the claim. president romney would create about 12 million new jobs in his first term and millions more after that. which means 250,000 jobs each and every single one of his 48 months in office. he says he will do that by cutting regulations and cutting taxes. does it add up? first the good news. tlt have been a few times in american history where this has happened. the chief economists of jp morgan notes it happened in the 1990s. that is where the good news ends for the romney jobs claim. since 1939 only 27% of monthly jobs reports have shown growth of 250,000 jobs or more. the research also notes the united states has never had four straight years whe

Transcripts For CNNW CNN Newsroom 20120803

finally, a job s report that beats expectations. sure, expectations were low, under 100,000, but look at this official net gain for july. 163,000. that s the most new jobs since february. the unemployment rate, meanwhile, a separate survey ticked up last month to 8.3%. christine romans watching this all-important gauge of economic vitality, shall we say. would you call the july numbers vital? i would say it s vital to the president s re-election prospects and vital to every single family in america who is trying to figure out if they can keep their job or get a job. yes, this is a really a important report. you gave the headline numbers. let me dig in a little bit. i took 40 pages of tables and graphs and put it in one graph to show you how it works. the private sector created 172,000 jobs, kyra. but the government is still a drag on overall job creation. 9,000 more government jobs lost. in the month, you have almost 500,000 government jobs that have been shed since february

Transcripts For CNNW EarlyStart 20120803

ins priebus and dominique dawes and ryan beatty. starting point begins right now. our starting poirnt this morning, america s new golden girl is gabby douglas making history last night. 16 years old, first african-american to women the all-around gold medal. amanda davies, it was so z exciting to watch her. just perfection, out did herself each and every time. how was the feeling while everyone was watching her? reporter: it was incredible. it was probably written in the stars, did you know if you rearrange the letters of gabby douglas s sir name, what does it spell, but usa gold. and this really is where the next chapter of her life begins. she is now up in the a list of superstars as the morning after, night before, media commitments have started. she s been retweeting the incredible tweets these had from people like oprah nicki minaj and michael phelps. she finished with that fantastic floor performance with that techno music. it became like club gabby. we can still ge

Transcripts For CNNW The Situation Room 20120803

you re in the situation room. it s part economics snapshot, part political football and there s only three more jobs reports coming out before the november election. the latest one released today has something for everybody. the labor didn t reports better than job gains in july. the unemployment rate still picked up a notch. dan, how does all this play out on the campaign trail? reporter: for mitt romney it allows him to say see, i told you so. unemployment still going up. it s still above 8%. what the president is doing is not working. the president was putting the spotlight on what he says is working even though he admitted there s still a lot of pain. thank you everybody. reporter: surrounded by a group of hand picked middle class and workers, president obama defended his policies and emphasized gained in a struggling economy. 163,000 jobs created in july. 1.1 million so far this year. 4.5 million over the last 29 months. those are our neighbors and family membe

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