Transcripts For CNNW Starting Point 20120604 : comparemela.c

Transcripts For CNNW Starting Point 20120604



new york stock exchange here. they said they'll also be listening for any possible stimulus that the fed could hint to. it's something that the market points to a lot. when you see the markets tumble as they are doing, you know, the fed has done this before where it's bought up government bonds in great numbers, basically pouring a lot of money into the market and giving that kind of shot in the arm to the market. there are definitely two sides of the fence as to whether it's really helped the economy. at least it's done so in the short term. so once again, you are seeing stock futures turn around on hopes that the fed chief will say something positive or supportive on thursday. but no doubt about it, you're still going to see the same worries hang over the market today. you're going to see these same worries hang over throughout the week, worries about spain, worries about greece, worries about china. and then our own problems here in the u.s., that so-called fiscal cliff when those tax rates are going to be going up and sepending cuts will go into effect. there is a lot of talk about whether or not congress could or would step in to keep that from happening before the end of the year. soledad? >> thanks, appreciate that. let's get right to zoraida sambolin. good morning. >> good morning. the pilot of a nigerian plane that crashed into a residential neighborhood in lagos killing all 153 people on board was an american. his identity has not been released yet. at least ten people on the ground were also killed. nigeri nigeria's president ordering a full investigation and declaring three days of mourning. the wreckage burned more than three hours after the crash. fire trucks just could not carry enough water to that site. investigators still don't know what caused an air tanker to crash while fighting a wildfire along the nevada/utah border. two pilots were killed there. they were dropping fire retardant on the flames had their tanker went down yesterday afternoon. the tanker was on its second run of the day and was loaded with about 1,600 gallons of fuel and 2,000 gallons of water and fire retardant. the 5,000-acre white rock fire began burning friday night after a lightning strike in eastern nevada. and voters in wisconsin are gearing up for a critical recall election that could force the republican governor out of office after just 18 months. scott walker, a tea party favorite, who cracked down on public unions faces a high-stakes challenge tomorrow from milwaukee's democratic mayor, tom barrett. and to hear richard dawson tell it, he kissed 20,000 women on the lips during the nearly 20 years he hosted "family feud." dawson died yesterday at 79 after a battle with cancer. dawson was also an actor appearing in films and most notably the tv series "hogan's heroes." but it was "the feud" that made him a household name with the catchphrase "survey says!" the party is just getting started over in the uk. england celebrating queen elizabeth's diamond jubilee, 60 years on the throne. tens of thousands of people flocked to watch the royal family lead a flotilla of 1,000 boats down the thames river sunday. festivities continue today with a party and a concert that is planned at buckingham palace. hopefully the rain will stop. you can follow all of the fun here on cnn. piers morgan and brooke baldwin will be covering the events live at 5:30 this afternoon. and vintage tiger. did you see this? tiger woods tying jack nicklaus for second place on the all-time wins list by winning jack's tournament in ohio yesterday. woods capturing his 73rd pga title with a shot for the ages, holing out of a 50-foot flop shot from the deep rough on the 16th hole. amazing. all right. tiger still trails the golden bear for all-time wins in major tournaments. he'll try to close that gap when the u.s. open gets under way in 11 days at the olympic club in san francisco. soledad, back to you. >> wow, wow, what a comeback. what a great shot. >> i could do that. >> no, sunshine, you cannot do that. >> no, i can't. >> and we move on. let's talk about jobs. 8.2% unemployment number. 69,000 jobs, as you heard from alison kosik, just told us, those are figures that the markets hate and that are not also good for the obama campaign. tom harper of delaware joins us, also a member of the finance committee. nice to have you, sir. >> thank you. >> in a nutshell, what's the president going to try to do to fix that jobs number? 68,000 jobs, it's very weak. >> four things. one is not walk ourselves into recession. our hair is not on fire. fundamentals for the economy are actually quite good. we need to keep that in mind. we're doing a whole series of things to help stimulate the economy. there are three, four or five of them pending now, comprehensive transportation bill, 2 to 3 million jobs. postal reform. 7 million or 8 million jobs. flow from that, fda reform legislation. it's a variety of things. i call it hitting singles and need to continue to hit a bunch of singles, create a more nurturing environment for job creation. set the stage for hitting a home run. hit a home run is what we need to do after the election. >> some may argue before the election. >> actually what's going on in europe is hurting us, but also what's hurting us now is the concern that we're not going to do anything after the election. and i think we need to take a whole series of steps. bowles simpson commission, mostly on the spending side, some on the revenue side. that's, i think, the best plan that i've seen. that's the best jobs plan out there. >> many people say the referendum on the economy, that's what's going to feed into the election. whether the people care about the economy, if the economy turns around, conventional wisdom will go, i know conventional wisdom is wrong a lot, obama can win, romney can come in if the economy continues to go downward. right now that trend if you throw up one of the big map of how unemployment or job creation numbers look, it looks bad. >> actually, the underlying numbers are pretty encouraging. corporate profits are strong. housing numbers are coming back. we have seen energy costs continue to drop. that actually drives consumer confidence. there are a number of things going well. >> people look at jobs. >> well, they do, but one of the reasons why the unemployment rate went up because people are starting to look for jobs again. and for the longest period of time, they have stopped looking. we have seen almost 30 straight months of private sector job growth of 30 straight months of manufacturing job growth. we, again, it's important for us not to talk ourselves into a recession. is there much we can do about what's going on in europe? probably not a lot. what we need to focus on are things that we need to do. and they are don't talk ourselves into recession. number two, continue to hit a bunch of singles, small things to help move the economy. we're doing that. we need to do more. number three, get ready to do something really big after the election. 4 to $5 trillion in reduction. bowles-simpson is an excellent road map to do that. some people question whether or not we'll have the will to do that. i think we will. democrats and republicans. there's 50 of us in the senate who support that particular approach. and we just need to do it. >> there's a new cnn/orc poll that says when they ask people about who has a better understanding of how the economy works. president obama and mitt romney are neck and neck. i think they're both at 45% with a margin of error of 3%, plus or minus. how do you -- what do you read into that poll? >> well, let's just back up. harry truman used to say the only thing that's new in the world the history forgotten or never learned. go back to the week after obama and biden became president and vice president. last week, something like 380,000 people filed for unemployment insurance. compared to where we were, we're doing pretty good. >> but the complaint is not doing enough, not doing it fast enough, that everybody expected the job growth would be much faster and stronger especially with all the stimulus money put in. >> again, the underlying economics are actually quite good. we can't do a whole lot about europe. number two, we can't -- let's focus on the things that we can do something about. hitting singles. putting in place a whole bunch of things that strengthen the economic recovery. i've mentioned those already. number three, why wait until december to continue to do deficit reduction? we've got a to-do list for gao every year. let's continue to work right down that list. fraud, improper payments, you name it. >> when i look at how congress is working, it sounds like it works really smoothly and everyone's coming together and almost kind of kumbaya. >> in the senate, we've done that. we just reauthorized the export/import back. a half million jobs flow from that. we're in conference with the house right now. >> is it the house? >> we're waiting for the house to move a postal bill that's 7 million or 8 million jobs. there's a lot we can do. and under the radar, there's quite a bit we've already done. >> you keep pointing to sort of november and december. which is after the election. >> that's when we hit the home run. between now and then, we need to hit a lot of singles. >> you may not get a chance to aim for the home run if that 69,000 number -- if the chart keeps going downward, right? isn't that a fair argument to make? that you might -- democrats, i mean. in the obama administration is not able to turn around the job numbers, it may be governor romney who may hit a home run. >> nobody's going to accuse us of peaking too soon, but there's a lot of time between now and november. the important thing is for us to do the things that make sense. >> do you think if you're able to turn around, if the next jobs report is an increase, it's not 69,000, that you could -- you stand a much better chance for re-election for the obama campaign? and if it continues to go in a downward slide, that he's not going to get re-elected? >> there's a good reason to expect that the numbers are going to get better. new factory orders are up dramatically for june. as i said earlier, corporate profits are quite good. at some point in time -- and the other thing is housing. unbeknownst by a lot of people, housing's begun to turn around. people are starting to spend their money again. i think part of it's the price at the pump keeps coming down. people feel they have more disposable income. we saw more people signing up to come to the beaches in delaware. rental propers a s properties up. more people came to our nascar race in dover than have been there in several years. underneath the surface, things are not that bad. we need to just -- >> but isn't it a matter of how you feel? really. sometimes i think if you ask people, i brought in a bunch of random people off the street here in new york, and i said, how does it feel? they wouldn't say, honestly, it feels pretty good. they would say, i'm guessing, but i feel very confident in this answer, actually, it feels bad. i'm worried about my future, the future, i can't afford college for my kids. i'm afraid. >> we can do stuff other than talking to people on the streets who do the consumer confidence surveys. a couple of them are actually very encouraging as well. we can go around like hair on fire, focus on the negatives, or we can focus on the positives. i'm sure our friends in the republican party will do their best to focus on the negatives. for us and people in my job, what we have to do is continue to hit those singles, do a lot of things to strengthen the underlying economics, take advantage of the underlying low energy prices, lower health prices, all that stuff, housing industry coming back. hit a bunch of singles, keep focusing on the spending side and finally, get ready to hit the home run after the election with bowles-simpson. >> nice to have you with us, senator tom carper. still ahead, george zimmerman back in jail. a judge says he and his wife lied about how much money they have. and the tapes show that they seem to be hiding something. reaction from trayvon martin's family's attorney. facebook may lift the ban on kids under the age of 13. we start with my playlist. beyonce, "videophone." you're watching "starting point." we're back in a moment. 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[ male announcer ] it's a network of possibilities -- helping you do what you do... even better. ♪ water, we take our showers with it. we make our coffee with it. but we rarely tap its true potential and just let it be itself. flowing freely into clean lakes, clear streams and along more fresh water coast line than any other state in the country. come realize water's true potential. dive in-to the waters of pure michigan. your trip begins at michigan.org. george zimmerman, the man who shot and killed 17-year-old trayvon martin, is waking up inside a jail cell this morning after he surrendered to police on sunday a few days after a florida judge revoked his bond. listen. >> he is in custody now. he's going to remain there until we get back before judge lester if and when he grants us a bond hearing. it's unlikely he might consider it, but that's going to be based upon the motion itself. and whether or not judge lester wants to revisit his bond status. >> mark o'mara, he's george zimmerman's attorney. at the initial hearing, you may remember, back in april, zimmerman and his wife told the court that they had limited funds to pay for bond. but a website set up to take defense donations had actually collected more than $130,000. now, prosecutors say the zimmermans were well aware of the money at the time, and they may have even secretly tried to shift between the accounts before the hearing. joining us this morning, benjamin crump, he's an attorney for the trayvon martin family. nice to see you, sir. how's the family doing today, and what's the reaction to this latest news? >> well, they are relieved that the killer of their unarmed teenage son is back in jail. they have always wanted him to stay in custody until the trial, soledad. >> so it looks like defense will probably ask for another bond hearing, try to get him out again on bond. what's your plan for that and the prosecution's plan for that? will they ask for no bond or a high bond? >> well, if attorney o'mara files the motion, then the stage is set for george zimmerman and his wife to have to take the witness stand and attempt to explain what the state attorney said was blatant lies to the court. thus exposing him further to credibility issues, or george zimmerman can stay in jail until the trial and not risk damaging his credibility any farther. >> a lot of this stems -- >> the real question is this. >> mm-hmm. >> the real question is this, soledad. if you lie to the court, are there consequences? >> well, let's go review for everybody exactly how this new evidence came about. on april 12th, i guess they record conversations that you have in jail. they were recording a conversation between zimmerman and his wife, shelly. i'll read off the transcript. george zimmerman says, in my account, do i have at least $100? shelly says no. how close am i? $8, $8.60. really? so total everything how much are we looking at? shelly says, "like $155." that's a transcript of a call. i believe it's april 16th. four days later, though, at the hearing, shelly, who was just involved in that prior conversation, i just read the transcript, said this. listen. >> also in terms of the akt of your attorney to make the bond amount that you all have no money, is that correct? >> to my knowledge, that's correct. >> were you aware of the website that mr. zimmerman or somebody on his behalf created? >> i'm aware of that website. >> and how much money is in that website right now? how much money as a result of that website? >> currently i do not know. >> so she says she doesn't know how much money is on the website. she also has just talked about $155 and $100. they're talking thousands of dollars, right? so $155 is $155,000? is that right? >> that's certainly what the state attorney believed when they reviewed the police recordings. and the record is there. it's very clear what the records say. so the judge reviewed it. and based on the law, revoked george zimmerman's bond. >> second point, i guess, is another recording that focuses on a passport george zimmerman had a passport and then lost it and apparently reapplied. turned over one passport eventually to the court. i guess now has turned over the second one. here's a little bit of the transcript of the conversation he and his wife were having, though, about the passport before he turned it over to the court. george zimmerman says, "do you know what? i think my passport is in that bag." shelly zimmerman says, "i have one for you in the safety deposit box." george says, "okay, you hold on to that." shelly says, "for you." that's a call from april 17th, a couple of days before the hearing. why is that passport conversation relevant? >> it's very relevant because a passport indicates that you are able to leave the country. and there's always a question about flight risk when you're dealing with bonds. there's credibility and flight risk. and the reason judge lester's ruling was so important is because he focuses everybody's attention to george zimmerman's credibility. and remember, his credibility is the main thing here because it is only his version of the facts that say trayvon martin attacked him. all the objective evidence suggests that he pursued and shot trayvon martin in the heart. and that is going to be a crucial, crucial issue, credibility, credibility, credibility. >> there are legal experts who would say he's 28 years old. he's afraid. he's trying to figure out how to stay out of jail. that it's less of a credibility issue rather than a fear issue for a relatively young man. >> well, certainly the judge is balancing everything. but a lie is a lie. and that's what the court has to determine. and if trayvon martin would have lied to the court, we believe he would not be given a bond. he would have to sit in jail until his trial. and all his parents have asked for -- his family have only asked for, soledad, is equal justice. whatever that you would give consideration for trayvon martin, you've got to give it to george zimmerman. and trayvon would have stayed in jail, we believe, had he lied to the court. >> benjamin crump is an attorney for trayvon martin's family. thanks for talking with us. appreciate it. >> yes, ma'am. still ahead on "starting point," a zombie prank, so crazy, goes dangerously wrong when the prankster picks on the wrong people. we'll share that with you in our "get real." will cane, roland martin's on his way. >> he's coming. >> welcome. good morning. so guess who's here today? first, my favorite singer ever. margaret hoover's playlist has u2, "beautiful day." you're watching "starting point." >> it is a beautiful day. >> it really is. 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