Transcripts For CNNW American Morning 20110810 : vimarsana.c

Transcripts For CNNW American Morning 20110810



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 police officers have hit the streets triple the usual number. nearly 800 arrests have been made. the rioting has spread to other major cities and the u.s. state department is warning americans to use caution and avoid areas of unrest. british prime minister david cameron with meet with his crisis response team this morning. atika shubert live in london for us. what do you suspect he'll say? >> he's going to do an assessment of how it went last night with 16,000 cops on the street. the good news is here in london it was a lot quieter. there were isolated pockets of looting, easily dealt with by the police. unfortunately, it was the turn of manchester. they did have some serious looting and even some fires over there. police were able to finally get a handle on it in the early hours of the morning. but still, it was a frightening experience for a lot of the residents in central manchester there. so the prime minister is likely to come out today, say how effective the policing was last night and is he going to keep the cops on the streets for the next few nights. >> atika shubert live in london. we'll check back with you when david cameron comes out and makes his statement. thanks so much. an exchange of artillery fire between north korea and south korea near a disputed border island, the south says it responded after north korean shells landed in the waters off yong pe yong island. south korea officials accused the north of bombarding that island killing two south korean marines and civilians. markets across the globe roaring back into the green follows a wild day on wall street. the dow was up and then down, way up picking up 430 points after a historic move by the federal reserve. the fed promising to keep interest rates exceptionally low for two more years. the reason for this historic move, in its statement the fed confirming what so many americans already know, the recovery is taking longer than expected. and on last night's "piers morgan tonight" economist diane swonk explained why the fed's decision sparked a big rally. >> ben bernanke said we could do things with our balance sheet. we're still not done. we're not out of bullets yet. when all was said and done and financial markets digested this massive amount of news and unprecedented statement by the fed, they said you know what, maybe that means we won't have a double dip recession now. we might not stall out. we'll sputter along. the bad news is we'll sputter along. it's also the good news, we're not going to stall out. >> and here's how the markets closed yesterday as we mentioned. the dow was up 430 points or 4%. the nasdaq up 125 points and the s&p 500 was up 53 points. whiplash, that's why you're not supposed to be messing with your portfolio. >> i didn't touch it. i took your advice. >> never know what's going to happen next. the congressional super committee starting to take shape. senate majority leader harry reid appointing the first three democrats who will serve on it. by next week there should be 12 lawmakers appointed, 12 democrats, 6 -- 6 democrats, 6 republicans. >> i think they can do it, don't you? here's the lineup so far. reid choosing senator patty murray of washington to be the cochair, selected senate finance committee chairman max baucus of montana and senator john kerry of massachusetts. nancy pelosi and mitch mcconnell and john boehner still have to make their three picks each. >> joe johns live with us from the white house. what's the reaction so far to senator reid's choices, joe? >> i'm at the washington bureau. that's a nice graphic, by the way. >> good. >> it's really interesting because these people are supposed to come up with some kind of conclusion by thanksgiving and it's going to be 12 of them, so could be tough, right? the only reaction that sticks out so far is the reaction to senator patty murray. she's a member of the powerful appropriations committee, also a member of the budget committee, and sounds like a good fit, night here's the thing. she's also the chair of the democratic senatorial campaign. the sec is supposed to help democrats get elected to the senate and raise and spend a lot of money to do that. republicans got out of the blocks very quickly charging she should not have been chosen because of that relationship with the dsec. and what is especially hard for republicans to swallow is the dsec has been out in front in opposition to cuts to entitlement including medicare. the chairman of the republican national committee said the super committee was just no place for patty murray. democrats otherwise may have a little heartburn actually internally about max baucus because he's seen as a guy who works hard to cut deals with republicans, but who knows how that works out, guys? >> that's what they have to do. they have to cut deals. >> i know. >> yeah. >> wouldn't it be nice if they just made their picks and then dealt with it and didn't do all this bickering beforehand. >> well, yeah. and then you're probably going to have bickering all the way down to the last moment just like last time, and who knows what's going to happen. i mean that's what a lot of people are predicting. it's hard to come up with these cuts in such a short time, quite frankly. it's going to be a challenging job for these guys. >> once they come up with their list of cuts they have to vote on it, up or down. no bickering after that. take it or leave it. >> think about this. they're going to come up with the cuts they want to make around thanksgiving, which is a little bit tough, right? we're in the holidays. and then they got to vote on it, right around christmas. you know, people will be looking at their holiday stockings saying, who's the grinch this year. >> oh geez. >> thanks, joe. >> we can't wait for the process to get under way. >> joe johns. >> president obama paying his respect to the service members who died when their helicopter was shot down in afghanistan. the president boarded two military planes carrying the remains after they arrived at dover air force base in delaware. he attended a private transfer ceremony with top u.s. officials. 30 americans including 22 navy s.e.a.l.s. and 8 afghan military personnel were killed in that attack. a texas jury sentencing polygamous sect leader warren jeffs for the assault of 12 and 15-year-old girls that he took as child brides. life in prison on one count, 20 years on the other. the judge saying jeffs used his position to, quote, satisfy his own appetites and desires. now is your chance to talk back on one of the big stories of the day. the question for you this morning, should president obama call congress back to deal with the budget? call them off their vacation. congress spent months bickering over the debt ceiling after reaching an 11th hour agreement they got out of dodge for the five-week vacation. yes, they did stave off an american default but i don't know to tell you it's been a bumpy right on wall street and not many of us can afford to invest in gold. law makers from both parties are calling on the president to be bold, to call lawmakers back to work as of right now. >> if i were president today i would call all the members of congress back into washington, d.c. >> it's no question in my mind, even if we didn't do something, the president should call us back. >> okay. one of those lawmakers wants the president's job, but why not come back early so the super committee, you know that bipartisan committee that will decide the next round of massive cuts, can be named and get to work before labor day? maybe if congress came back early their stock would rise like the market did yesterday. and a new cnn/orc poll, only 25% of americans think most members of congress deserve to be re-elected. don't hold your breath. when asked about a callback, white house spokesman jay carney said, quote, it's unfortunate we don't control all levels of government. should president obama call congress back to deal with the budget right now? facebook.com/americanmorning. facebook.com/americanmorning. read your comments later this hour. a lawmaker that did come back but not in this country, in the u.k., david cameron speaking in london about the riots across the uk. let's listen to him. >> arrest the criminals not picked up last night but were picked up on close d-circuit television cameras. picture py picture they are being identify and arrested and will not let phony concerns of rights get in the way of the publication and arrest of these individuals. sentences are being passed, courts sat through the night last night and will do again tonight. it is for the courts to sentence, but i would expect anyone convicted of violent disorder will be sent to prison. we needed a fight back and a fight back is under way. we have seen the worst of britain, but i also believe we've seen some of the best of britain. the million people who signed up on facebook to support the police. communities coming together in the cleanup operations. but there is absolutely no room for complacency and much more to be done. overnight we saw the same appalling violence and thuggery we've seen in london in new cities including birmingham, manchester and nottingham. in the west midlands three men were killed in a hit and run, in birmingham and the police are working around the clock to get to the bottom of what happened and bring the perpetrator to justice. in birmingham, over 160 arrests were made. in sulford up to 1,000 youthrs were attacking police at the height of the disturbance. across greater manchester more than 100 arrests were made. in nottingham shire, the police station was fire bombed and over 80 arrests were made. this continued violence is simply not acceptable and it will be stopped. we will not put up with this in our country. we will not allow a culture of fear to exist on our streets. let me be clear, at cobra this morning we agreed full contingency planning is going ahead. whatever resources the police need, they will get. whatever tactics the police feel they need to employ, they will have legal backing to do so. what we will do whatever is necessary to restore law and order on to our streets. every contingency is being looked at. nothing is off the table. the police are already authorized to use baton rounds and we agreed at cobra, while they're not currently needed we now have in place contingency plans for water cannons to be available at 24 hours notice. it is all too clear that we have a big problem with gangs in our country. for too long, there's been a lack of focus on the complete lack of respect shown by these groups of thugs. i am clear that they are in no way representative of the vast majority of young people in our country who despise them frankly as the much of the rest of us do. there are pockets of our society that are not just broken, but frankly sick. when we see children as young as 12 and 13 looting and laughing, when we see the disgusting sight of an injured young man with people pretending to help him while they are robbing him, it is clear there are things that are badly wrong in our society. for me, the root cause of this mindless selfishness is the same thing that i have spoken about for years. it is a complete lack of responsibility in parts of our society. people allowed to feel that the world owes them something, that their rights outweigh their responsibilities, and that they -- their actions do not have consequences. well they do have consequences. we need to have a clearer code of values and standards that we expect people to live by and stronger penalties if they cross the line. restoring a stronger sense of responsibility across our society in every town, in every street, in every estate, is something i'm determined to do. tomorrow, cobra will meet again. cabinet will meet. i'll make a statement to parliament and set out in full the measures we'll take to help businesses that have been affected, to help rebuild communities, to help rebuild the shops and buildings that have been damaged, to make sure the homeless are rehoused, to help local authorities in all the ways that are necessary. but today, right now, the priority is still clear. we will take every action necessary to bring order back to our streets. very happy to take some questions. joey james from sky. >> thank you, prime minister. prime minister, do you think that boris johnson is right -- >> we're going to jump back. that was the prime minister of great britain, david cameron, talking about these riots. it's interesting social media is helping police arrest so many of these hooligans as the prime minister called them. >> he mentioned something that's gone viral on youtube, more than a million have watched it, a young man bleeding, been attacked and another group of young men who come around and pretend to help him and steal his stuff out of his backpack. it's heartbreaking and all of the young people watching that happen and helping it happen, in broad daylight, it just tells you what he's calling a broken and sick pocket of society. there's that video. look at that. he's bleeding. he's hurt. these people are coming up to him. they're pretending -- >> he's 11. this is an 11-year-old. >> look at the guys trying to help him. help him up and open up the backpack. watch it for yourself and see what happens. he's bleeding. he's clearly sick. he's been hurt. see the blood on the pavement and them looking through his bag. the prime minister talking -- calling about mindless selfishness. you could interpret it as entitlement in society. why is this happening. something people are trying to grapple with. hundreds being arrested in so many cities. a complete social cohesion coming apart. >> the prime minister said it was entitlement and selfishness. other people have said it has to do with the austerity measures by the government and the loss -- the massive unemployment right now in great britain. i guess they -- when all said and done they don't know why exactly this is happening. >> yeah. >> riots just don't crop up. they begin with something. >> and then the mob mentality is just so painful and horrible. so we'll continue to check on that story this morning. ahead on "american morning," the recall election showdown in wisconsin. six state senate seats in jeopardy for the gop. the results and race down to the wire and whether it tells us anything about the rest of the country oh, yeah in 2012. the white house poised to take the next step in an effort to end syria's bloody crackdown on anti-government protesters. 16 minutes past the hour. coffee doesn't have vitamins... unless you want it to. new splenda® essentials™ no calorie sweetener with b vitamins, the first and only one to help support a healthy metabolism. three smart new ways to sweeten. same great taste. new splenda® essentials™. at exxon and mobil, we engineer smart gasoline that works at the molecular level to help your engine run more smoothly by helping remove deposits and cleaning up intake valves. so when you fill up at an exxon or mobil station, you can rest assured we help your engine run more smoothly while leaving behind cleaner emissions. it's how we make gasoline work harder for you. exxon and mobil. setting that goal to become a principal. but, i have to support my family, so how do i go back to school? university of phoenix made it doable. a lot of my instructors were principals in my district. i wouldn't be where i am without that degree. my name is dr. carrie buck. i helped turn an at-risk school into an award winning school, and i am a phoenix. [ male announcer ] find your program at phoenix.edu. after months of expensive political maneuvering wisconsin republicans have held on to the state senate in recall elections. democrats needed three wins to shift power and to repudiate what they say are the policies of the republican governor. they did not get the three seats, they got two. >> democrats take a loss on this one. this started as a budget battle between governor scott walker and the state unions. some democrats fled the state to stop the legislation. ted rowlands live in madison this morning. how are the democrats spinning it, ted? >> well, they're spinning it in a positive manner. as you might imagine, saying that this was all worth it in the end. while they didn't take control of the senate, the state senate here, they said they definitely sent a clear message that other states shouldn't think about messing with labor basically, because this could happen to you. your job could be on the line. they did win two of these recall elections, so two republican senators lost their jobs because democrats would argue they went along with republican scott walker. one of the people that wasn't on the chopping block was the republican scott walker, the governor here, because wisconsin guidelines and laws basically say you have to serve for an entire year before you could be subjected to a recall. one of the questions now will be, will democrats go ahead with planned recalls against walker and other republicans next year? that was their grand plan. this was a clear loss here, something we haven't -- it will be interesting to see what their plans will be. the bottom line here as you mentioned it, this drama played out in wisconsin, but it was funded from sources around the country, $30 million was spent on these recall elections. one of the democrats that lost last night said he thinks it was all worth it even though he lost. >> we have been on the -- in the thick of a historic controversy in this state. and we should all be proud that in the midst of that controversy, when this state could have gone in any number of directions, the people who carried about this state engaged in a civil, legal, lawful, constitutionally provided process to resolve that controversy. >> reporter: bottom line, christine and carol, is that a lot of people look at what transpired here in wisconsin as a great example of democracy at work. others look at it as a disgusting example of wasted money over partisan bickering. i guess people make their own choices on what happened here. bottom line, a lot of money spent, no change at all. guys? >> ted rowlands, thanks so much. still to come on "american morning," the island of aruba the focus of a high profile missing person's case. this time another american woman vanishing without a trace. it's 23 minutes after the hour. say i'm missing england. i type in e-n-g... and he gives me a variety of options. would you like to have a look at a map, my lad? ah, why not? shall we check on the status of your knighthood? yes. again? yes, again, please! thank you. with my digital manservant, i'll never be homesick again. would you like me to put the kettle on, sir? no, i'd like you to get rid of that ostrich. it's been here a month. 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