when two officers emptied the tank on them. many were then arrested for unlawful assembly and failure to disperse. critics are crying police brutality, and then investigation is now underway. joining me now to discuss it former prosecutor, now defense attorney arthur ey aidala, and mar. one lieutenant, charles kelly arthur has come out and said i see no trouble here. this is fair lie standard police procedure, a compliance tool. even the head of the uc davis police said, look they were posing a threat, they had the officers surrounded. is the tape as clear as it appears. i m in the middle of doing a study on cameras in the courtroom in the supreme court. justices say they don t want it
wednesday. the s&p warned, quote we could lower the long-term rating to double a within the next two years if we see less reduction in spending than we agreed to. all we ve got is a super fail. moody s chief economist says deal or no deal, a downgrade is unlikely, because it expected it to fail from the start. i don t think it will i have impact on the credit rating no. megyn: stu varney is host of varney & co. i guess that s a good mood, moody s said there is not going to be a downgrade, we knew they couldn t get anything done. reporter: hold on a second. it s not just that the super committee has done nothing. there is talk that the automatic spending cuts will not be in allowed to kick in when they are supposed to kick in. we may not get anything from the super committee and no automatic eithers. that increases the possibility of the second downgrade indeed. it makes it perhaps a likelihood. remember the rating agencies, they want america to cut its debt by about $3
double a within the next two years if we see less reduction in spending than we agreed to. all we ve got is a super fail. moody s chief economist says deal or no deal, a downgrade is unlikely, because it expected it to fail from the start. i don t think it will i have impact on the credit rating no. megyn: stu varney is host of varney & co. i guess that s a good mood, moody s said there is not going to be a downgrade, we knew they couldn t get anything done. reporter: hold on a second. it s not just that the super committee has done nothing. there is talk that the automatic spending cuts will not be in allowed to kick in when they are supposed to kick in. we may not get anything from the super committee and no automatic eithers. that increases the possibility of the second downgrade indeed. it makes it perhaps a likelihood. remeer the rating agencies, they want america to cut its debt by about $3 trillion. the super committee and these automatic cuts were only talking a