longer the elephant in the room, governor rick perry announces he's joining the republican party for president. >> he may be the republican front-runner but he was not feeling the love at the iowa state fair. he got heckled and laughed at over three words he said, words he may come to regret on this "american morning." -- captions by vitac -- www.vitac.com ing. >> oh, thank got it's friday. >> wait a minute. i've got to move my stuff. >> good morning. happy friday to you. it's august 12th. welcome to "american morning." up first, texas governor rick perry, the elephant in the room, is about to go on for 2012. perry says he's ready to toss his 10 gallon hat into the ring. >> we're going to have an announcement at 1:00 eastern time over in south carolina and then hop in an aircraft, come straight to new hampshire, and i hope you'll be watching your television set and listen to however you're picking it up on the internet or whatever. we'll have our announcement to give our intentions of what our future holds and i think a little bit about what the future of america holds as well. >> he's talking about tomorrow, of course, and jumping in an aircraft and going up to new hampshire. perry's candidacy would be a game-changer. in iowa, they were asked about perry joining in. >> i'm pleased he's coming in because he represents the status quo and i sort of feel like i'm separated. so he'll just get all their votes. >> welcome to the contest. from my perspective, it doesn't bother us or my campaign. that's just one more politician and that makes this business of problem solving all stand out more. >> we all need prayers and i hope he offers a lot for everybody on this stage. >> they shared the stage ahead of a key test vote tomorrow. we keep talking about that. the iowa straw poll in ames. cnn political deputy director paul steinhauser has an envee able job this morning. he's live in des moines where the state fair is going on with some morning analysis. good morning, paul. >> reporter: good morning, ali. you guys were talking about it. a lot of story lines in this debate. this was the first presidential debate in two months. what happened to our debate in new hampshire? michelle really shined. since then she's been doing very well on the polls. the other governor, tim pawlenty, not door very well. he questioned the congresswoman's agenda, she in a way comparing him to barack obama. those are fighting words. take a listen. >> i didn't cut deals with special interests where you put pro life issues with tax increase issues. that's a fundamental, a nonnegotiable. when we come to a nonnegotiable, we must stand. >> if there with two things, bills increased and we were stripping away prolife productions which we weren't, then it's a double against it. she voted for it. >> i need to respond to that. i need to respond to that. >> just a little taste there of that back and forth gone on all night. both need to do well, show they've got a lot of momentum. one of the reasons you saw that big dynamic last night. >> mitt romney coming under attack as the front-runner. tell us a bit about that. >> yeah. he is the front-runner right now. at this point in the race he's at the top nationally and in most state polls as well. we thould he would come under attack. it didn't happen. except for his health care plan in massachusetts. remember tim pawlenty had a chance to go after him two months ago, he didn't. there was a lot of criticism over that. take a listen. >> obama care was patterned after mitt's plan in massachusetts. for mitt to say they are not substantial similarities or it's not the same plan it's incredible. that's why i called it obamniecare and i call it that tonight. >> reporter: another dynamic last night. santorum and ron paul. as you also mentioned. you've got rick perry jumping in, making it official in south carolina. he's going to be here in iowa on sunday. guess who's probably going to show up right here around the corner, sarah palin. i tell you, guys, this campaign is definitely changing big time by the end of the week. >> i love the bus and i miss the fair. they're like my two favorite things in the world. >> he wants a deep fried pickle. >> i want a deep fried something. i'm sure somebody's heard about this. he said corporations are people. remember those words. they were at the iowa state fairfielding questions for voters and some democratic plans, to be honest about it. when he was asked about the question of raising taxes and that's when things heated up. >> ultimately, not just this year but over the coming decades going to be able to balance our budget and not spend more than we take in, we have to make sure that the promises we make in social security, medicaid and medicare are propss we can keep and there are various ways of doing that. we can raise taxes -- of course, they are. everything corporations are ultimately go to people. where do you think it goes? >> as you might expect, democrats are jumping on romney's "corporations are people's" line. they're calling it a shocking is admission and shameless. it's interesting the plans we've seen in this event, stirring it up, looking for a justice kind of a moment to capitalize on. >> the thing is mitt romney hasn't been campaigni ining in and all of a sudden he shows up at the fair and gibbs an impromp impromptu. >> shareholders are people, too, ali. wall street bouncing back, speaking is of shareholders and investors and the rest of us watching our 401(k)s moving around, snatching up stocks that have been beaten down. the dow jumped 423 points, nearly 4%. the nasdaq and s&p 500 were also up. what we've seen this week was unprecedented. never before in history has the dow bounce fourth degree 00 points up or down four days in a row. if you feel like yu ire reliving history, you are righting. >> japan's nikkei was down. in london, trading is under way right now. stocks are higher. all right. the super committee is set. six members of congress, six senators, they now have less than three months to agree on a $1.5 trillion in budget cuts. here are the final three democratic selections made by house minority leader pelosi. clyburn, van hole enand becerra. here's the game of 12. they call them 12 often gri men. there's one woman. i guess you can't do that. back before she joined the administration in 2007 she was a professor of economics at berkeley. she co-wrote a paper on the effect tax changes have on the economy. researcher has been quoted to make the case for raising taxes to lower the deficit and for making the case against raising taxes because of the harmful effect on economy and jobs. one study going both ways. i asked her to set the record straight. >> even though i very much support raising taxes to deal with the deficit gradually over time, now's not the time to do it. either raising taxes or cutting spending now would absolutely be very hard on the economy. that doesn't mean you can't legislate it to kick it when the economy is back to normal. that's when the economy would be much more able to deal with it. >> you can see the entire interview with christina romer here on the weekend. 38 people died in last weekend's attack. 22 were u.s. navy personnel including 17 s.e.a.l.s, five so-called conventional forces who worked regularly with the s.e.a.l.s, three were with the air force and five were with the u.s. army. eight were afghan personnel. they've been raiding homes trying to track down homes to track those responsible for days of violence and looting. more than 16 people have been arrested in connection with the rioting. they say prime minister cameron waited too lodge. casey anthony is responsible for the death of her daughter caylee anthony. that's according to a report released by the department of children & families. that's a month after a jury acquitted anthony of murdering caylee. they say their case is now closed. the financially strapped postal service is asking for the removal of bargaining commit minutes. mounting losses and declining mail volume require drastic measures to cut costs. >> are you ready for this? >> i'm ready for it. >> okay. now's your chance to talk back on one of the stories of the day. the question this morning, should there be gay characters on children's television shows? you know where i'm going becausety e-mail sure you called. there are calls for better and ernie to get married. it's the brainchild of chicago man who says we're not asking that sesame street do anything crude or disrespectful. only that they allow better and ernie to marry or even add a transgender character to the show. evangelist lar evangelist. spongebob squarepants also targeted because they hold hands a lot. they, too, accused of sending the wrong message but according to the creator of the better and ernie petition to get married a same-sex marriage or gay character on television will teach tolerance. he says they're best friends. they remain puppets and do not have a sexual orientation. still, should there be gay characters on children's television. facebook.com/americanmorning. it's all on the front page of the "new york post." sesame wed furor. >> i always thought they were brothers. to find out they're friends, that's cleared up a little more for me. >> they can't possibly be brothers. they have different-shaped heads. >> i think what the chicago man is trying to point out. but can't, you know, children television be the last bastion of no sex, no gender? >> as abc put it, they have nothing below the waist anyway. the pentagon conducting a test flight. the first 30 minutes went smoothly and then something went terribly wrong. >> a bull running free through the streets of new york. it was an escape attempt. he didn't want to become dinner. running bull video. today is an episode of -- speaking of the running bull video, there he is. we'll tell you how he is. >> that's a hartford though. >> oh, sorry. tiger woods. i was so enamored of the bull. tiger woods showing absolute brilliance. absolutely imploding. well-being. we're all striving for it. purina cat chow helps you nurture it in your cat with a full family of excellent nutrition and helpful resources. purina cat chow. share a better life. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. 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[ female announcer ] nourish plus. only from aveeno. trouble at 13,000 miles an hour. the test flight and the fastest plane in the world, the htv 2 ended in 30 minutes when the officials lost contact two the aircraft and it crashed into the pacific. it was designed to reach any military target in the world in "60 minutes." put it in perspective how fast it could go? it could go from new york to l.a. in 12 minutes if it doesn't disappear. >> they have trouble keeping track of this thing. he's runnering if his life. look closely. that's a bull running rampant in queens, new york. he made his way onto your college campus, ended up smacking into a scaffolding. his freedom was short-lived. >> if he could escape, he should get a get out of jail free card. >> very permissible. first it's the cartoon characters, the bull. everyone should be free to go do whatever they want. the slaughterhouse workers wrestled him to the ground. i'm not judging. i'm telling you what happened. what do you mean by free? loose in queens? >> no, he shouldn't be loose in queens. >> i think if you were smart enough to run away you should get a get out of jail free card. >> for a few moments during the first round of the pga championship it sure looked like the old tiger woods. three birdies had him at the top of the leaderboard briefly. then it all unraveled. that was a nasty shot. woods followed that up with three double both guys finished with the worst score ever. stricker who tied the record for the lowest run ever recorded in a major tournament, 7 under par 63. >> yesterday we were talking with the guy from tnt. he said he thought tiger wouldn't win but he would do better, like he would come back. >> you cursed him. >> i said that i thought his mental issues were a bit more important than the need. >> it's not over yet. >> she's very sympathetic to the bull. >> animals and muppets get a pass. tiger woods, he is not. >> rob is live at the pga sight. good morning, rob. >> reporter: good morning. aren't you all sympathetic to the bulls? isn't that what you do? it seems obvious to me. >> when we see a bear, we think it should be trapped and thrown into a cage. >> reporter: good morning, guys. we're talking about another animal. tiger firing a 77. what he told the media after the round he decided to play by feel after he was playing so well. he's been playing so well and had so many mechanical swing thoughts. that's when things went awry. maybe he's not at that point yet where he can forget about mechanics and start playing by feel. that was the explanation he gave the media. we saw him on the range yesterday. he was lacing them and i caught up with some fans to ask them some hard-hitting questions. >> what do you thing of tiger's outfit today? >> it looks good. >> do you like the purple? >> it's a nice touch. >> are you looking to be on tiger's back? >> no. >> you don't want that kind of media attention? >> how about you? who have you got your eyes on? >> i'm looking at rory. >> rory. where is rory. >> he's not out here right now. >> so he's not out here but you're looking for him to play well. >> he did great at the u.s. open. he should come back. >> how old are you? >> i'm 18. >> so you're a young punk like rory, so that's why you want him to win. of course that young punk rory showed how tough he was. injured his wrist by swinging into a tree root. he managed to come in with an even round 7. he'll be on later today. we'll see if he decides to go off because of that wrist injury. weather should be okay. on the toasty side. high temperatures, of course, will be in the 90s. increased chances for showers and thunderstorms sunday. speaking of cooler, dallas -- they broke the streak. temperatures, yesterday, they hit 97 with a little bit of much needed rain getting into part of texas. you talk to folks in dallas and they say, you know, we want -- you know, you suffer for so long, you want to at least break the record and they would have to get to sunday. the bad news is it will probably be up to 101 for today. it will be toasty for round 2 of the pga and we'll be back to feel. >> did you say he was feeling by feel or playing the field? >> she's relentless. >> i work too many days in a roam. somebody's got to send me home. >> there were interesting remarks on the range. >> i bet there were. i'm saying what they're all saying in the gallery, and you know it. live coverage of the tournament can be seen all day on pga.com and beginning at 1:00 p.m. on tnt. we'll be right back after that. ♪ ♪ ♪ ♪ introducing purina one beyond a new food for your cat or dog. discover aveeno positively radiant tinted moisturizers with scientifically proven soy complex and natural minerals. give you sheer coverage instantly, then go on to even skin tone in four weeks. aveeno tinted moisturizers. minding your business this morning, another big upswing. the dow gained back about 4%. the nasdaq and s&p 500 each gained a little more than 4%. but the stocks are still downgoing into the session. a lot of volatility and free market trading ahead of the opening bell. right now the u.s. stocks are trading higher gain. retail numbers are coming out. investors also watching european markets in an effort to calm down the markets there. italy, france, belgium and spain have announced a temporary ban on short selling. short selling, of course, betting the financial stocks will go down in value, which the government there hopes it will take some of the speculation out of the market. they did this in 2008. financial experts are mixed. and here statewide mortgage rates are still falling. the average rate for a 30-year fixed mortgage dropped to 4.3% in the past week. that's getting close to record lows, according to a survey by freddie mac. have you checked to see if you can refinance? you can see higher food prices at the supermarket this fall. the usda say heat, drought, flooding have made a poor growing season. that's expected to push up the prices for food-related items. that includes everything from pasta to soda. 120,000 postal workers could lose jobs or face big cuts to their benefit packages, this if congress approves a cost-cutting proposal to the u.s. postal service. they need to eliminate 220,000 jobs by 2015. the mass layoffs require, of course, congressional approval. 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[ female announcer ] ask the doctor about your loved one trying the exelon patch. visit exelonpatch.com to learn more. good morning to you and thank you for waking up with us. it's 32 minutes past the hour. time for this morning's top stories. overseas markets up after it shot up over 423 points yesterday. the nasdaq and s&p 500 up. if you look at the past week the dow is still down over 300 points. the debt super committee is