Transcripts For CNN AM Wake Up Call 20110713 : comparemela.c

CNN AM Wake Up Call July 13, 2011



and more partisan. president obama told cbs news if lawmakers don't have a deal in place by the august 2nd deadline, holder americans could feel it next month when the social security payments are due. >> i cannot guarantee those checks go out on august 3rd if we haven't resolved this issue because there may simply not be the money in the coffers to do it. >> republican congressman ron paul of texas who is running for president thinks the president is playing the social security card. here is what he said. >> that just isn't true. because the funds there for social security and these emergencies, the cash flow is good enough for that. if they really needed to, why don't they quit sending the interest rate payments over to the federal reserve. i think he's using scare tactics. >> you can also see interest rates soar and the value of the dollar tank if the government can't pay its bills. several business groups including the u.s. chamber of commerce and the business roundtable are urging lawmakers to increase the debt limit. another meeting is set for today at 4:00 p.m. eastern. in the united kingdom the "news of the world" hacking scandal is the talk of the nation. both political parties say rupert murdoch should drop his bid to buy a major satellite broadcaster. prime minsters david cameron wants an inquiry. they've called for murdoch, his son james and a former editor of the newspaper to testify before parliament this week. >> there are an awful lot of questions as to why this continued for so long, who authorized it, the extent of the activity, not just now, but also, we understand in other international newspapers, possibly even wider. there are an awful lot of questions that have to be addressed. the scandal has torpedoed shares in murdoch's company. news corp's shares are down 14% since july 4th. police in florida arrested a plan they think shot and killed a priest. apparently the suspect made the manhunt pretty seize zi. jeremy mariani gunned down the priest at a beach house in mississippi, stole the money and the car and took the family to disney world. the s.w.a.t. team nabbed him outside of world. quickly, let's talk about the alleged tucson gunman, loughner. a federal appeals judge says he's allowed to refuse anti psychotic medication. a court found him incompetent to stand trial. the hospital staff say he's a danger to himself and others. six people were killed, 13 wounded in that shooting in january. the detechives who built the murder case against casey anthony are defending their work even though jurors acquitted anthony last week in the death of her 2-year-old daughter caylee, the detectives say their case was solid. listen. >> with regard to what we would do differently, in every case, especially a case with this many witnesses and this much evidence, you can always look back and improve on what you've done. i don't know that anybody up here could think of anything that we could have done differently that might have affected the outcome. >> casey anthony is set to leave jail this sunday, by the way. the sheriff says his office is not going to offer her any special protection. the "chicago sun times" is reporting, however, casey anthony is thinking about wearing several disguises and plans to live in a secret location under a fake name as if she were in the witness protection program. an now taking the bank to court. sergeant jorge rodriguez has filed a class action lawsuit, pegging it on a law that protects military members from foreclosure while they're on active duty. citigroup, the parent company is looking into his complaint. let's talk about your money. u.s. stock futures up this morning. dow is up 62 points in pre market trading. the s&p 500 up about seven, nasdaq up about 17. now, to see how the world's money is doing this morning, let's cross over to hong kong, my good friend christie standing by. how is it looking, christie? >> european stock market investors are watching italy's debt crisis very closely. gains in asia are moderate today. after yesterday's blood letting, i don't think we'll complain. the nikkei closed up about .4%. credit suisse gave the sector an out dleeft performed rating. the bank of japan said it would buy about $275 million of japanese exchange-traded funds. here in hong kong the hang seng closed up about 1.1%, off its worst two-day decline in 17 months. the catalyst here was a better-than-expected gdp number out of the chinese main land. back to you, ali. >> better-than-expected number, still an order that eades for the second quarter in a row. what's the feeling on that? >> chinese gdp showed the economy grew 9.5% in the second quarter. 9.4% is what was expected. china's growth cooled a little bit for the second quarter in a row. again, gdp showed the economy grew 9.5%. first quarter growth is 9.7%. what had been expected was 9.4%. a lot of numbers there. bottom line is this, china's economic engine is slowing down. in the face of weaker global demand for chinese goods and other factors. but china's economy is still expanding at a faster pace than just about any other country. ali? >> all right. we'll check in with you late later in the morning. christie lou stout. all airports in the clear right now. weather today looks pretty good so far. some fog and rain in parts of the midwest and the west. nashville and washington state may get showers this afternoon which could cause delays. rob marciano is outside in a particularly counterintuitive manner, standing outside because it is crazy hot which is when i would normally stay inside. good morning, rob. >> reporter: good morning, guys. that comings with the job, ali. it's going to be hot again today. this is the time of the day, if you're going to do anything strenuous outside or be outside, do it before the sun comes up. we had a slew of record highs. at one point we had 23 states under heat advisories or excessive heat warnings. that number is going to shrink somewhat today only because it will be a little bit drier, less humid across some of the bigger cities along the i-95 corridor from d.c. through new york city. here is where the heat advisories will be out today. includes about 11 states. the hottest weather is going to be in areas like oklahoma which have seen in the last 20 days, they have seen the temperature get over 100 degrees 18 times. my goodness. records broken two days ago across arc sauchlt here is what we expect as far as actual high temperatures. the heat index couples humidity in there and makes it feel over 110 in spots. the actual temperature forecast for places like wilmington, 98. charlotte, 100 degrees. expected to be 10 degrees or better in shreveport and little rock. another steamy day across the southeast. dangerously hot in many locations. we'll be rereporting live from piedmont park in atlanta, georgia. folks will be getting out trying to get their exercise on. if they're wise rnlgs they'll do it before the sun gets too high in the sky. >> going to be pretty, but it's going to be hot. that heat wave, by the way, across the country isn't going to help the hundreds of thousands of people who still don't have power in chicago this morning. close to 400,000 homes are still in the dark. it's going to be saturday before power is turned back on. the high on saturday is expected to be 88 degrees. there's also a chance of thunderstorms. before we go, today's quote of the day, can you guess who said this? 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[ female announcer ] nourish plus. only from aveeno. the authentic, the rare, the hard to define. to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs. it's 12 minutes after the hour. today's quote of the day could easily be taken out of context. here it is again. quote, we're open to penetration in someone decides to penetrate, unquote. that was former faa security director billy vincent discussing the more than 25,000 security breaches at u.s. airports since 2001. i'll have more on that story in just a moment. first mitt romney is the first major gop presidential candidate who is refusing to sign a controversial marriage pledge. his campaign calls parts of the vow, quote, undignified and inappropriate. two of his rivals, michele bachmann and rick santorum already put their name to the pledge circulated by a conservative group in iowa. they had to clarify their support because of the introduction to the vow suggests that black children born into slavery had better family structures than black children do today. bit of advice for any photo-happy politicians who may be teetering on the brink of a scandal. if the world is going to see you nearly naked, hit the gym. take a look at this ad running in the "new york post," "the washington post" and the boston herald. it says get in shame for your next scandalous photo. i have to hand it to the sports gloves. in the wake of weiner gate, the gym is sticking to one of the cardinal rules of business, know your clientele. a family clinic is accused of trying to turn gay patients straight. a gay rights activist group called truth wins out posed as a patient and went under cover. this is what she heard from a bachmann clinic counselor. >> you can actually have homosexuality and become heterosexual? >> oh, yeah, yeah. definitely, definitely. and it happens. it really has. >> the counselor admitted that he is no expert on the subject and the congresswoman's campaign gave us a statement. here it is. the bachmanns are in no position ethically, legally or morally to discuss specific courses of treatment concerning the clinic's patients. wow. bachmann is the focus of this morning's punch line about the controversial marriage pledge that she and fellow candidate rick santorum signed. listen. >> now her campaign is saying that while, yes, she did sign the pledge, she didn't read it first. had she read it, she never would have signed it in the first place. well, thank god presidents don't have to sign anything so important they have the to read it first. >> it goes like this -- oh, my god. what the -- oh, no. what the -- holy [ bleep ]. okay. michele bachmann stands up against slavery in all forms, whether it's the slavery of health care -- >> this is slavery. it's nothing more than slavery. >> the slavery of the national debt. >> it is a slavery that is a bondage to debt and a bondage to decline. >> or the slavery of the loins. >> if you're involved in the gay and lesbian lifestyle, it's bondage. it is personal bondage, personal despair and personal enslavement. >> yes, personal enslavement or personal domination, depending on what role you're playing that night. the important thing is to have a safe word, perhaps bachmann. >> all right. time for your political ticker with tim farley, the hoeflt of "morning briefing" on sirius xm. tim, queue yesterday's conversation because the deadline gets closer for raising the debt ceiling. what did you call them the octo mob, the politicians in washington responsible forgetting this done are meeting today. >> yes. clearly, ali, this group of leaders from the house and senate are getting together with the president and vice president. this is becoming more and more about the election of 2012. mitch mcconnell's surprise proposal yesterday to allow the president to raise the debt ceiling in three phases by overriding a veto -- by vetoing a proposal from the congress against raising the debt ceiling, sets it up as a campaign slogan i guess for 2012. it's a very convoluted process. that's the latest we've come to. of course, you played the comment from the president about social security. there are a lot of games being played right now. it's in some ways become the ultimate game of chicken right now. >> tim, let me just ask you about this because i know this is just coming out and you're just looking at it. there's been a report of the amount of money that both the obama presidential campaign and the democratic national committee have raised in the second quarter, the second three months of this year. are you seeing that yet? >> $86 million so far. this is only the second quarter. a combination of the dnc and the presidential campaign fundraisers. this number wasn't due until the end of the week. it's another indication we'll see huge amounts of money. that's the official amount. think about the other groups, ali. talking about a possibility of a billion dollar campaign next year for the presidency. >> talking about security, too. there's a bomb-sniffing dog demonstration on the hill today? >> jason chaffetz is the hair of chair of. >> does that all fit on a business card? >> not exactly. he's the chairman of a panel, as they call it. he says there have been 25,000 security breaches outside the nation's airports since 9/11. he wants to know why. the tsa in the hot seat. evidently they'll bring out a bomb-sniffing dog to show what's going right. >> always good. the animals will keep people at bay. tim farley the host of morning briefing. what's the best way to squash rumors that you died? for mr. playboy himself, hit tweeter. first, how do you like them? sweet, curly, slathered with chilli cheese or ketchup? [ grunts ] [ male announcer ] built like a volkswagen. the 2011 tiguan. [ grunts ] 22 minutes after the hour. here are three things that need to be on your ray dan. 9:00, opening statements set to get under way of perjury trial of roger clemens, accused of lying about his alleged use of steroids. after that, ben bernanke delivers his second annual report on monetary policy and the state of the u.s. economy. we'll be keeping an ear on that. at 4:00 eastern, president obama meets with top lawmakers from both sides to try to hash out the debt ceiling issue. a california retiree finally has his $30,000 in social security payments. "the l.a. times" reports bank of america deposited the 88-year-old man's money into another customer's account with the same account number. the local district attorney's office had to step in to sort things out. as for the company that took the money that wasn't hers, she received 90 days in jail. who knew plants battling zombies could be so lucrative. electronic arts is acquiring pop cap. $750 million in cash and stock, pop -- i'm having trouble saying this -- pop cap makes the be jeweled game as well as book worm and the aforementioned plants versus zombies. watch the man drop an ipad 60 feet onto the pavement. watch this and don't try it at home. >> all clear. 60 foot! all right. let's see what happened. >> do you know what happened? it took a licking and kept on streaming. i have to say that's pretty impressive. next they should send an ipad over niagara falls. if you've seen "sister wives" today the real life drama moves to federal court in utah. cody brown and his four wives plan to challenge the state's anti-bigamy law. he says no one should be prosecuted for their private relations. >> the fear of being prosecuted is less daunting than the fear of continuing a society in secrecy and darkness. hugh hefner wants everybody to know he's alive. rumors circulated on social media that the 85-year-old founder of "playboy" passed on. he tweeted the rumors of my death are, as mark twain observed in a similar situation, greatly exaggerated. i'm very much alive and kicking. around the world with zain verjee from london. good morning, zain. the hacking issue will not end. new developments, rupert murdoch and his son, the former editor of the "news of the world" now being called to testify to parliament. there's stuff going on in the united states. what's the update? >> they are being called to testify in parliament. the big story today is that the political parties are all going to get together, go to parliament and they're all agreed to support a motion that rupert murdoch, his bid to acquire bskyb, the cable operator here, should not go through. that is really rare, ali. it's not legally binding. who knows if he'll care or take notice. the other big story making news here is that the senate commerce committee chairman jay rockefeller is calling for an investigation saying, look, if "news of the world" was hacking u.s. citizens and 9/11 victims. he says this should be taken seriously and there should be an investigation. the big topic on that is how much is it going to affect rupert murdoch's empire in the u.s. as well? >> costing a lot of money in the stock. cost the stock about 14%, more than $7 billion since this really thickened about a week ago. let's talk about this former survivor producer facing expedition to mexico on a charge he murdered his wife. >> right. a judge basically said there was enough evidence to send him back to mexico to face trial, right? he was believed to have murdered his wife in cancun when they were on holiday with their two kids. so what's going to happen now is he's going to appeal, and if that's successful, he'll stay in the u.s. for a year. but they want him to go face trial. the judge says there's enough to nail him. >> talk to me, zain, about this euro millions jackpot winner. somebody has won 161 million pounds, about $250 million, and he hasn't surfaced? >> yeah. it's not me. i bought 50 of those tickets, ali. and nothing, zero, zip, nada. we don't know if it's one person or a group of people. basically $250 million. that makes them the 430th person or persons who are the most wealthy in this country. it includes david beckham. richer than david beckham. richer than ringo starr, richer than ali velshi. >> let me just queue this. let's make a deal right now. if we win that kind of money one day, these two spots are going to be open. i'm not going to be one of those guys that says i'll come to work like normal every day. i'll be gone. >> oh, totally, ali. i'll be right there with you. >> until then, zain, we have work to do. i'll catch up with you a little later on. zain verjee in london for us. as we go to the break, ponder this. the water bottle can be harmful to your health. we'll tell you why in today's "businessman special" coming up. 27 minutes after the hour. wrinkles in just one week. itss why wait if you don't have to. neutrogena®. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um

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