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MSNBC The Daily Rundown June 3, 2011

american authorities are watching it very closely. it s friday, june 3rd, 2011. you got to write this date down. june 3rd, 2011, it s going to be one of those days, like the last m.a.s.h. , you know, i m chuck todd. i think you know who she is. i m savannah guthrie. we ve got to get serious here. so, let s focus there. it will be a bittersweet day for sure. in the news we ve got breaking developments out of yemen, unconfirmed reports there that president saleh has been injured after the presidential palace was hit by shelling. and nbc news has learned that former senator john edwards may be indicted today on charges he used campaign funds to hide an affair. we ll have a full report this hour from north carolina. but first, let s get to the rundown, and at the top, the jobs numbers. the white house had been worried about them for all week and for good reason it turns out. only 54,000 jobs were added in may, that s way off the pace from the last few months, a ....

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Detailed text transcripts for TV channel - MSNBC - 20110119:14:09:00

Is we all know about the currency fight, but it seems like there s also been a shift to what many big businesses trying to do business in china are complaining about, theft of intellectual property, for example, needing more access to chinese markets. what s on the bill of particulars, the grievances, that american businesses have? well, in addition to the ones that you mentioned, the currency and theft of intellectual property, companies that are wanting to do business in china are forced to make joint ventures with chinese companies if they want to do business there. this is a long standing practice, but the assumption was it would go away and it hasn t gone away. in fact it s become more of a common practice. so you have to do 50-50 or 51-49 joint ventures with often a state-owned company. steve, let us stop you there. we ll take a listen to the ....

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Detailed text transcripts for TV channel - MSNBC - 20110119:14:57:00

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Detailed text transcripts for TV channel - MSNBC - 20110119:14:08:00

that s why we have you here, andrea. october 29th, 1997. but who s keeping track. what time did it start? 9:01. both president obama and president hu will be making short remarks at this one. there will be a joint press conference today where you ll hear some real business. and apparently the white house insisted that the chinese president take part in this news conference, something he doesn t do a ton of back home and didn t do when the president visited back in 2009. as we see the two presidents walk, they ll be further introductions. we ll await their live remarks. as we watch this unfold, let s bring in two experts on the economic aspects of this visit. steve pearlstein, a financial columnist for the washington post and steve liesman is here as well. the two steves as we like to call it. steve, my first question to you ....

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Detailed text transcripts for TV channel - MSNBC - 20110119:14:20:00

They have gotten real and are getting a little bit tougher with china. what s your take on that? well, i think the administration has adopted a policy, savannah, of trying to apply steady pressure to the chinese, not focused, as the national security adviser said in a briefing before this visit, not focusing on deliverables at one particular meeting but trying to get stuff done over the long run. it s not easy. china is a growing power. they re going to take policy steps at their own pace as the united states is. but what the administration is hoping to do is that with the steady application of dplemacip, this is the eighth time president hu and president obama have met face to face, that they re going to get results over the long run. steve pearlstein, i want you to compare the fear of china and china s growth actually i have to stop. we re going to hear from president obama. president hu, members of the ....

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