To this game. we re finished. this holiday season is going to be really interesting. we re only funded through january 15th. debt ceiling is only raised till february 7th. on the back end of the right, the holidays. in the new york times, in this article about the damage done, the economic damage from obstruction and extortion didn t start when the gop shut down the government. on the contrary, it s been an ongoing process dating back to the republican takeover of the house in 2010 and the damage large. unemployment would be far lower than if the house majority hadn t done so much to undermine the recovery. we ve been focus on this element of the game, this quarter of the game, but krugman is saying this is a much longer-term set of damage that s occurred. instead of game i almost want to think slide show for the last couple weeks. it distracts us from the very long destruction of the economy that we ve done taking unprecedented historic austerity in the past two or three yea
london as police struggle to take back control of their streets. now americans are being urged to use caution when traveling around the city. good morning again. i m carol costello. three members of the congressional super committee have been chosen. nine more to go. there are 12. they will have 90 days to come up with $1.5 trillion in spending cuts. the selections and reaction to them on this american morning. all right. good morning, it is wednesday august 10th. ali is off today after working i think 15 or 16 straight days covering the markets and all that. more on the markets and the economy in just a moment. you seem a little short today. i know. i have a high chair. i think so. i like that. you re taller than i am, carol. good morning. i m carol costello. actually we have to talk about this first, london is burning a fourth night of looting and violence in the streets, parts of london resemble a war zone with burned out buildings and destruction. 16,000