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CNNW CNN Newsroom August 12, 2011



ahead to shake up the republican presidential race. perry, a social and fiscal conservative and evangelical christian, is widely expected to jump in tomorrow. now, he was not wrong the eight republican candidates who debated in iowa last night. former minnesota governor tim pawlenty tried to break out of the pack. he repeatedly zinged fellow minnesotan michele bachmann. >> she's fighting for these things. she fought for less government spending. we got a lot more. she led the effort against obamacare. we got obamacare. she led the effort against t.a.r.p. we got t.a.r.p. it's her record of results we're woired about. if that's your record, please stop because you're killing us. >> well, bachmann shot back, accusing pawlenty of abandoning conservative principles, republican candidates are going to compete tomorrow in an iowa presidential straw poll. it's an informal nonbinding survey open to voters who pay a fee. military operations are reported on the outskirts of syria's capital damascus. opposition activists say that syrian soldiers are moving into another town today to crush the five-month-old uprising against the regime. secretary of state hillary clinton says that the u.s. will harden sanctions against syria. now, she is calling on other nations to do the same. police have hauled in more than 1,800 people across england since the rioting erupted on saturday. london will keep thousands of extra officers on the streets through the weekend. riots are linked to five deaths and hundreds of injuries. looters pretended to help one bleeding man, only to steal from his backpack. >> it happen somewhere here. i was looking in front. i don't know what happen. >> did you realize the people were taking things from your sack when they were pretending to help you? >> i realize that. i felt sorry for them. >> that's a shame. prime minister david cameron is proposing a controversial idea that britain consider blocking social media sites like facebook and twitter during unrest. that way, he believes, rioters can't use the services to organize, recruit and incite. memphis police are charging an 11th grader with the murder of his school principal. suzette york was stap stabbed to death in the academy she led. york said she made the student angry by switching him out of a class he liked. he made plans over the summer to kill her. the community is in shock. >> he's so nice. that's why i'm in shock. what? why? >> it 's tragic all the way around. >> we grieve. >> people have been praying at this corner of memphis for a long, long time. it it's just a sad day for our whole community. the postal service wants to lay off 120,000 workers. it it will ask congress to remove collective bargaining restrictions so it can fire those workers. the service is losing billions of dollars a year as people switch to e-mail and online banking. officials plan to eliminate another 100,000 postal jobs by leaving open positions unfilled. well, this is a great story. a trip from the unemployment line to the lottery line pays off. 18 co-workers in canada won a $7 million lotto jackpot this week, just hours earlier 10 of them had gotten pink slips. >> i looked at the numbers and i had to ask somebody to come take a look because i wasn't sure if i was reading it it right. and she said, oh, you got them all. started to shake, vibrate in my seat. then i had to get out and tell some of the people that were in it. of course, nobody believed me. no, you're joking. no, i'm not joking! we won. >> that's a great story. each worker will get about $388,000. a nice little cushion there for the newly unemployed. so big question today -- will the zigzag markets end the week in positive or negative territory. it's been a heck of a ride all week long. one day you've got the surge, the next day a plunge. we want to go live to cnn's alison kosik at the new york stock exchange to make alison, it it's been a heck of a week. explain what's going on. >> reporter: right now stocks are in the plus column, that's a good thing. wall street seems to like the fact consumers are out there, spending their money. we got two important reports this mourn, one on retail sales and one on consumer sentiment. we saw stocks pop on that number, it rose 0.5% in july. sure shoppers aren't going on huge shopping sprees but the good news is shoppers aren't totally gone. then we watched stocks give back some of their gains because we did see the dow up over 100 points. so the dow gave back some of those gains after consumer sentiment plunged. we got that report. this is important because it shows how consumers feel. that's really important because we, the consumer, drive the economy. so in essence, suzanne, we're getting mixed signals on how consumers feel and of course we've got stocks caught in the middle. so still a little bit of volatility out here. >> all of that volatility, this dizzying week on wall street, what do you make of this turmoil? what do we make of this going into the next week? >> reporter: i think we're left with too many questions and not enough answers. you know, for one, where is the u.s. headed? will congress get our fiscal policy in order? can europe contain their debt problems? so what do you get when you have all of these questions and no answers? you get this wild volatility. just take a look. look what we put together for you, the seesaw action that happened in the past week. the dow closing down 600 points monday, up 400, look at that, tuesday down 500, wednesday up. it really is whiplash. it's the first time in the dow's had history that we've seen closing numbers like this, really, really crazy week. it it looks like thing it's are calming down, but you know this, suzanne. you never know how things will end up. it's like a really good movie and you're waiting for the ending. >> i hope it's not a bad ending. thanks so much. governor rick perry's christian conservatism help or hurt his presidential bid? we'll take a look. plus, highlights from last night's republican debate in iowa. here is a rundown of some of the stories we're covering. first, texas governor rick perry is ready to shake up the race for the republican presidential nomination. and a 10-year-old fishing off a pier gets the catch of the year. then, police in san francisco stop a protest by stopping people from using their cell phones. >> if you can't get any cell service and something happens, what are you going to do? absolutely nothing. and also the fight over bert and ernie, their sexual orientation. how the muppets found themselves in this fight. later, how to recognize scammers looking to take advantage of the market uncertainty. the heat is on for the race of the republican presidential nomination. eight of the candidates squared off in iowa last night ahead of what could be a pivotal nonbiddening straw poll vote happening in ames, iowa, tomorrow. and of course the economy is the number one issue for voters. want to take a quick look at what the gop hopefuls say they're going to do to fix this. minnesota congresswoman michele bachmann touted her stand about increasing the debt ceiling. >> we can start to see recovery within three months, not the whole recovery, but we can begin to see it if we put into place what we know to be true. number one, we should not have increased the debt ceiling. >> former massachusetts governor mitt romney outlined seven steps to help the economy grow. >> one is to make sure our corporate tax rates are competitive with other nations. number two is to make sure our regulations and bureaucracy works not just for the bureaucrats in washington but for the businesses that are trying to grow. number three is to have trade policies that work for us not just for our opponents. number four is to have an energy policy that gets us energy secure. number five is to have the rule of law. six great institutions that build human capital because capitalism is also about people, not just capital and physical goods. number seven is to have a government that doesn't spend more money that it takes in. and i'll do it. >> former godfather's pizza ceo herman cain is calling for a common sense approach. >> we must have a maximum tax rate for corporations and individuals of 25%, take the capital gains tax rate to zero, make them permanent and certainty back into this economy and i believe we can turn it around. >> former house speaker newt gingrich, architect of the '90s contract with america, pointed to his past accomplishments. >> as speaker of the house, we had divided government, we negotiated with bill clinton. he he vetoed welfare reform twice. we passed p three times, he signed it the third time. large of the reform of your lifetime. we passed the largest capital gains cut in history. unemployment dropped to 4.2%. how would the country feel today at 4.2% unemployment? >> jon huntsman says he's going to take the approach he took as governor of utah. >> it's called leadership. it's called looking at how the free market system works. it's creating a competitive environment that speaks to growth. we cut taxes historically. we didn't just cut them. we cut them historically. we created the most business-friendly environment in the entire country. we were the best managed state in the country. we maintained a aaa bond rating. >> ron paul a former libertarian presidential candidate says the economy is in trouble because the nation's monetary policies are all wrong. >> -- comes from a failed monetary system. the interest rates that are way lower than they should be encourages malinvestment and debt. to get out of all of that, all this tinkering, you cannot do that unless you liquidate that. you don't bail out the people that are bankrupt and dump p the debt on the people! >> former minnesota governor tim pawlenty says his plans will help the economy grow at a faster pace. >> well, the united states of america needs a growth target and it needs to be an aggressive and bold target. i don't want the united states' growth target to be anemic or layingered like barack obama's. is the bar high? yes. do we need that growth to get out of the hole? yes. i hope people will go to my web site and read the plan. >> and former pennsylvania senator rick santorum says that lower taxes will mean more manufacturing jobs in the country. >> the big thing i've proposed is to take the corporate rate, which makes us uncompetitive, particularly in xpaexporting go, and cut it to zero for manufacturers. you want to create opportunity for businesses and manufacturing to grow, cut that tax to grow. our jobs will come back. >> and texas governor rick perry hopes to shake up the republican race for the white house. perry is going to announce his presidential bid, that is happening tomorrow during a speech in south carolina. cnn contributor will cain joins us from new york, not to be mistaken with the other cain. hey, will. how you doing? >> hi. >> tell us about perry's chances. what do you think? >> i think that, in the end, suzanne, it will end p up being romney versus perry. i think he has very good chances. in the end, that's the two you'll see come down as winners of the republican nomination. >> how do you think he compares to the former president, george w. bush? >> i think the only similarity is that they're both from texas. you know, people that know about the bush family and his relation -- their relationship with perry know these two guys actually don't even like each other very much. the bush family was behind kay bailey hutchison's run for governor. perry's politics you can even tell don't necessarily align with bush. bush is much more of an establishment republican. >> give us a sense of how faith is playing a role in the campaign. last night we saw michele bachmann, she was asked about being submissive to her husband. i want you to take a listen to how she responded. >> in 2006 when you were running for congress, you described a moment in your life when your husband said you should study for a degree in tax law. you said you hated the idea, and then you explained, quote, but the lord said be submissive, wives who are to be submissive to your husbands. as president, would you be submissive to your husband? >> what submission means to us, if that's what your question is, it means respect. i respect my husband. he's a wonderful, godly man and a great father. and he respects me as his wife. that's how we operate our marriage. >> so, will, it it was interesting that the crowd was booing there first of all at the very question. but we know perry is a conservative christian and we heard how bachmann responded to that question. what do you make of her answer? how do you think people will take that? >> oh, i think she knocked the answer out of the park. she handled that as well as it could be handled. i was live-blogging dufrg the debate. 9 of the ten commenters were highly offended by the question. one out of ten said, that's kind of interesting. i find myself in that group. i do think it's interesting. i think it's interesting to know, if marcus balm mann, chma going to be elected president. michelle bachmann put that out there, made this issue part of the discussion. >> i think a lot of people are interested in her answer there. do you think there were any winners in that debate last night? >> easily mitt romney. i think he ran away with it. look, here's just my personal story on this. six months ago, i could not have envisioned myself voting for mitt romney. he's the architect of romney care, the model for obama care. he's the guy who told massachusetts residents they must buy health care to reside within the state. that offends me as a conservative. that being said, mitt romney right now is so far and away and clearly the leader that i will have to start beginning to consider this could be the person i choose to be the next president of the united states. >> lrall right, will. good to see you. have a great weekend. clearly a lot of folks waiting in iowa if they can drum up enough support, the gop candidates are barnstorming across the state. correspondents are on the trail. i'll take you live to a campaign stop by herman cain later this hour. in the next hour, we've got candidates thad mccotter, rick santorum and michele bachmann all makes appearances as well. we'll take you live to their events. it's time to go cross country for a story affiliates are covering. in oklahoma, folks are cleaning up after strong storms roared through edmond on wednesday morning. it's just north of oklahoma city. winds up to 70 miles an hour just ripped through this church you can see. a movie theater, schools, homes in the area also severely damaged. in hawaii, a 10-year-old boy is bragging about this very unusual find. this strange-looking octopus has webbing between four arms and tentacles just like a jellyfish. the waikiki aquarium's driktor thinks it might be a blanket octopus. seeing one of those in the wild is extremely rare. now to oregon, two kids selling snow cones to make a little money for summer. well, they changed their minds when they heard about the hunger crisis in somalia. they are still selling those snow cones, but now that money is going for famine relief in africa. and transit police stop a protest in san francisco by blocking cell phone service at a train station. at hurts. it's not like i really had a choice. snack on this. progressive's "name your price" tool showed me a range of coverages and i picked the one that worked for me. i saved hundreds. wow, that's dinner and a movie. [ dramatic soundtrack plays ] this picture stars you and savings. but mostly savings. out there with a better way. now, that's progressive. here is a look at today's "choose the news" choices. text to vote for the story you'd like to see. first, returning to work after retirement. the downturn in the economy, well, it's forcing some people who had already quit to go back on the job. we profile one senior who says he's been forced into that situation. second, the battle for the most valuable company in the world. apple and exxon are fighting for the number one spot. but others are using their business models to gain some ground. or third, preparing for the greens. that's right, the atlanta athletic club is hosting a major golf tournament this week, and one blade of grass can't be out of place. we'll take you behind the scenes to see how they got that course ready. you can vote by texting 22360, text 1 for working after retirement, 2 for apple versus exxon, or 3 for preparing for the green, winning story will air if the next hour. today's cnn hero is an 83-year-old woman who founded the love kitchen. helen ash has been serving up meals for the hungry and home bound in knoxville, tennessee, for the last 25 years. >> daddy worked hard for what we got. he taught us not to take the last piece of bread from the table. somebody may come out of that. my name is helen ash and i'm the happy founder of the love kitchen. we address the needs of the five ages i say, the homeless, the hungry, the hopeless, t thehomebound and the helpless. do you have the coffee and cups out? my sisster ellen is a blessing o me. the lord sent two because there's so much work to do for one. want me to help you in? we went to nursing school. you know, back then segregation was rampant. i just saw the black people that was having a problem with transportation and food. so what we going to start off with this this morning? every day on my way home i would tell my sister, one day i'm going to do something about this. we getting ready to open the line. the first day we served 22 meals. that was in 1986. and since that time, we've been growing, growing, growing, growing. everybody here is a volunteer. they enjoy doing what we are doing. we deliver from 1400 to 2200 meals every thursday to our homebound people. we was taught to work for what we got and to share what we did get. and we have so many people that are in need, and that's what keeps us going. >> well, just a little more than two weeks to nominate someone you know who's making a big difference in your community. remember, every cnn hero is chosen from people you tell us about. so go to cnnheroes.com right now. the transit police stopped a protest in california. they blocked cell phone service at a train station and one officer told a local newspaper it's a great tool for police. we're looking deeper into that. [ nurse ] i'm a hospice nurse. britta olsen is my patient. i spend long hours with her checking her heart rate, administering her medication, and just making her comfortable. one night britta told me about a tradition in denmark, "when a person dies," she said, "someone must open the window so the soul can depart." i smiled and squeezed her hand. "not tonight, britta. not tonight." ♪ your nutritional needs can go up when you're on the road to recovery. proper nutrition can help you get back on your feet. three out of four doctors recommend the ensure brand for extra nutrition. ensure clinical strength has revigor and thirteen grams of protein to protect, preserve, and promote muscle health. and immune balance to help support your immune system. ensure clinical strength... helping you to bounce back. ensure! nutrition in charge! the authentic, the rare, the hard to define. to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs. here is a rundown on some of the stories we're working on. next, the unusual reason why cell phones stopped working at a california train station. and then the fight for and against same-sex marriage strangely leading to ernie and bert. later, investment scams are multiplying in a shaky market. we'll show you how to spot them before you get scammed. and in california, bay area rapid transit police thwarted an expected protest at a train station in san francisco. h

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