veterans group there at pennsylvania avenue being briefed on what could happen to their ranks if the debt ceiling is not raised. also cnn is learning some states making contingency plans. california specifically taking out a temporary $5 billion loan just to help pay its bills in case congress fails to act and turmoil in the credit market makes it difficult to borrow money after august 2nd. take a walk with me. i want to look at what exactly is proposed here. we have two different plans, two different bills on the table. one from democratic leader, senate majority leader harry reid, speaker of the house boehner there. here we go. first up, as we mentioned before, look, they definitely have similarities. first of all, both of them would cut spending. also neither plan would raise taxes. but there is one really huge difference we need to highlight. the reid plan would raise the debt ceiling beyond next year s presidential election, but the boehner plan here would raise the debt
word. the truth is that the president wanted a blank check six months ago and he wants a blank check today. this is just not going to happen. as makeshift memorials spring up across norway, police and the public are searching for answers to friday s deadly attacks. the lawyer and suspect, anders breivik, the lawyer said his client is in insane. the suspect s father, who doesn t want to be identified, agrees. translator: no, i ll never have more contact with him in my darkest moments i think rather than killing all those people, he should have taken his own life. those are strong words from a father. translator: they are, punish thinking abo but thinking about what has happened, i still don t understand. no normal human being would do something like that. money from a u.s. defense contract is now in the hands of the taliban. the a u.s. military task force now believes that part of a $2 billion contract for troops transportation was diverted through a network of afr
british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow managed to get very, very close to the murdochs, too close as you re about to see. watch. so no official word yet as to who exactly that guy in the plaid shirt was. we know he was shouting you greedy billionaire, but he pushed a plateful of shaving cream into rupert murdoch s face before he was grabbed, first by his wife, if you watch it, not in this shot but you can see she was wearing that bright pink jacket, and then by authorities. they did take a quick break. he then continued jacket off to answer questions before parliament s committee on media, culture and sports. so the members wanted to know this, how much did rupert murdoch and his top executives know about the phone hacking by reporters on his payroll, how closely he followed day-to-day operations. the newspaper closed because of this whole thing. and how responsible he feels about this entire affair. do you a
go down even a couple inches. this is a bubble, a plateau of water now that s going to be in the mississippi river. it s going down toward vicksb g vicksburg, tunica. the pictures from tunica were unbelievable. they were driving through the city driving through the hotel area there, and the water was looked like venice. it literally did. it did not look like a city. it looked like somewhere in italy. a quick plug. the barbecue thing is going to go on somewhere else. it is. it s going to go on in a big stadium. but the guys that are on beal street, they don t like that, because you can t just walk to the restaurant. chad, thanks. all right. time now for the help desk, where we get answered to your financial questions. joining me this hour, the very happy gary shatsky, and ryan mac, president of optimum capital management. glad you re here to help us answer questions. jackson in denver, colorado writes, i have some money sitting in a money market account. most is emergency
advice.com, and ryan mac of optimum capital management. first question coming from are judith from north carolina. she writes in, i m not completely happy with my credit score of 692. i have several credit cards. i ve not been late on paying payments, so i m thinking i have too many credit cards. when i pay them all off, should i close the accounts, or just not use them to get a higher credit score? this goes against what most people think, ryan. right. paying them off she has a 692 taka score. paying them off is one of the fastest way to get her score approved, but 30% is your balance to your limit lending ratio. so that s going to decrease her line of credit. what she might want to do is maybe even rent her house is on the market now. if she rents it for maybe six months and get her credit established she might be able to purchase a home once she moves out of deep gap, north carolina. i love that name. i know, i want to know what it looks like. here is from shannon from