he is due to speak this hour, site of the 1910 address by roosevelt. you re looking at the live picture of the podium where the president will speak. the sticking point with republicans is how to pay for them. you ll hear the president live at 1:55 eastern time right here on cnn. overseas the pressure on the eu eurozone is growing, ahead of another summit, standard and porr s is threatening to down grade the credit ratings, including france and germany that now plan to call for enforcement caps on deficits. greek bonds are already junk. gop presidential front-runner mitt romney has more than newt gingrich on his back. according to a report, the former massachusetts govern ers s office spent $100,000 in state funds to remove records from his four years in office. the money was used to replace computers in his office months before romney launched his unsuccessful campaign for the nomination back in 2008. in addition, his staff had e-mails and other communication from state
of teddy roosevelt who unveiled his plans for a square deal in the same kansas city of osawatomie, 101 years ago. in 1910, teddy roosevelt came here to osawatomie, and he laid out his vision for what he called a new nationalism. our country, he said, means nothing unless it means the triumph a real democracy, of an economic system under which each man shall be guaranteed the opportunity to show the best that there is in him. president added his current vision for a more balanced financial system is not about class warfare as republicans have said but about strengthening the u.s. economy as a whole and returning to core american principles. let s bring in chief white house correspondent and host of the daily rundown, chuck todd. thanks for waking up early.