that actually makes the first six trading days the best in 19 years. why? the bottom shrine good news in a bailout for banks in europe. leaders are pledging to unveil a debt crisis solution for this month. governments on both sides are really at the core of the roller coaster ride and the pain we felt over the past few months. government is a big part of why stocks are down 12% from the highs earlier this year. several things need to happen and absolutely can happen to fix the problem. it is so fixable. european leaders have to follow-through this a debt solution. dpng it stops acting like ds and rs against each other and started fighting for the country, it would get better. it's really all about confidence. it's that simple. the economy boils down to it. it will be better than today and the american system works. that will help hiring and hiring means more taxes. there is an amazing statistic we pulled for you. 40% of the deficit will go away. that is because of increasing tax receipts. 40% of the deficit is poof. we begin with an on the ground view of when hiring will start. we call it the strike team and told you about it last week. we will tell you about it again. it's 20 ceos who report what hay see on the ground to us. i pick them because they want to see the economy grow. john chambers is the ceo of dow cisco systems. let's start with the big question out there. it feels like a recession to most of america. the big question is whether we go into a formal double dip. 70% of people said no, a recession is not inevitable right now. what do you think? >> i agree with that 70%. i think it depends on how the political and business leaders react to the challenges in front of us. if you look at what we see on a global basis and i'm not an economist, but i get to talk to the business and government leaders. you are seeing the economy slow. the issues you talked about are true. northern europe doing well and central europe doing okay and having challenges. asia pacific a little bit mix and china, australia, new zealand doing well. here in the u.s., the employers when we talked to them and they are spending money on capital. small business and big business. they think the economy is probably going to do better as you move forward. not great guns, but perhaps better than some people anticipate. >> it's more positive than many would expect. let me ask you about the question. the frustration out there, a lot of it pointed at corporate america from the left and the right. it comes down to the jobs programs. let's put it to you. $4.5 billion in the economy. you have this cash and why aren't you useing it to hire? >> more than fair question. if you look at what cisco has done the last 20 years, we grew from 400 to 70,000 people. we shared it with the shareholders and most of the time we were in hiring mote. what would help us do that is the majority of finances are outside the u.s. and not here. even though we are a pretty big company, about $4 billion is what we need for the normal activity in the united states. if we perhaps would encourage hiring america, we would love to be a part of that. >> you say that's what you need to do your regular business. you have $45 billion in all and i know you are advocating getting a break on that. others provide. would you in exchange if you got a low tax rate on bringing the money home, what's called repatriation and getting rid of the other loopholes in exchange as the president proposed. >> i think the key take away question here is that i'm an american and i want to create jobs. we are one of the few large high tech companies that have been in existence throughout the majority of jobs and i want to do that in the future. we are the only country in the world that when you pay taxes on the profits outside your country that don't bring it back at 0% or 2% taxes. we are missing an opportunity to create jobs and one that every other developed country in the world has taken advantage of to encourage. do i think we can do something like a national infrastructure fund that with the money you bring back pay a nominal amount of taxes for roads and highways? absolutely. do i have a problem assuming the economy grows and cisco is doing well? absolutely. i don't have a problem with that. you can bring back $1 trillion which was more of the stimulus package in terms of back to the u.s. and funds overseas. >> a lot of people have looked at the last time we gave this break and overall it didn't create jobs in america. if it happened, you are going to create how many jobs in the united states. >> the last time we created quite a few thousand jobs, i think you can look at the gdp growth and it grew well the next two to three years and following the package that came back inside. the unemployment went from 5.5% and 4.5%. it is not the silver bullet. you have to you have to pulling to to lead the world and i think we can do it as a nation. >> john chambers was elected by politico as someone who should run as an independent for president. others on the politico list included mayor michael bloomberg, hillary clinton, david petraeus and colin powell. it's not a surprise that they played the game of another candidate and this is me. the latest poll, only 14% of voters say they are very satisfied with the current candidate. great to have all of you with us. let me start with you. i was surprised. only 14% are very satisfied. why? >> republicans look at the field and saying yes, there is romney. isn't there a better alternative to mitt romney. there have been flash point alternative who is last for a month or two and michele bachmann and rick perry and plenty have looked and not run at all. mitt romney stays and the field is set, but in a way that dissatisfies voters until the voting starts. when the voting starts and if romney starts winning, jamaal or kevin will say winning tends to build momentum. for now they are dissatisfied, but if he breaks out, that satisfaction will come. >> hillary clinton being on the list, is it a commentary on how the republicans and democrats are seen as sole polarized that the main place for reason is among the independents. hillary clinton is not an independent. she is say democrat. >> she had the great fortune of being out of politics for 2 1/2 to three years. she is focused on america's future around the world. that always 10s to buoy any person's poll numbers. colin powell is on the list. c condi rice is on the list. >> a poll today, this one by "the washington post." it asks which candidate would do the most to improve the candidates. mitt romney 22%. cain 20%. the next closest is perry at 12%. he is surging in the polls as well. do you think mitt romney is worried about herman? >> look, worrying if is for those without a plan. that means you didn't put together the message you need to win. boston is confident that over the long ark of the campaign and that's what we have to remember. a lot of polls are snapshots in time. we have to look at the trend. what we have seen is the long-term trend has shown a lost volatility. the constant has been that romney held a good market share of voter support. they grow it as the volatility of the campaign and the contests of the early primary states. they take place where the campaigns are built. actual voters decide. . >> i will give kevin and the romney team an incredible amount of credit. with mitt romney, it's a disciplined campaign. they seem to be focused on their job. from the obama campaign in 2008, they had the same disciplined folks and you a message and revered from it. as a primary campaign, they are doing a good job. >> two quick points. he has run before. his biggest weakness, he has run before. people want change. >> very well said. >> rick perry came in second on most damage right behind michele bachmann. that's all about immigration. that issue is killing rick perry. >> look forward to seeing you all again. >> it allows girls to get an hpv vaccine without their parents's consent. the underwear bomber's trial starts tomorrow and baby lisa disappearing from a week ago. the numbers tonight, 3.15 is how many millions of dollars elizabeth warren raised for the campaign in the third quarter. if she wins the democratic nomination, she will face scott brown who raised 1.55 million in the third quarter. those are very big numbers especially when you compare them to the presidential race. rick santorum raised $582,000 in the second quarter, the most recent he is released. five times more for a senate race. big moan. girls 12 and up can get an hpv vaccine without parents's consent. it will prevent from sexually transmitted disease and undermines a parents right to be involved in the medical decisions. . >> the more people who vaccinate kids and feel more torn on this one. does this encourage promiscuity or not? >> we think it does not encourage promiscuity. it has to be given well in advance at the beginning of sexual activity and creates a great opportunity when the young person can have an indepth discussion about safe sex and abstinence. it's a way of preventing stds and pregnancy. >> i'm confused. it seems awfully young. children don't have the right to make other decisions. even in california you can't get a tattoo without your parents's consent. >> a lot of people are disturbed by this law. because of the 12 thing. a 12-year-old girl can go to a doctor and get the shot without telling her parents. no parental consent. i don't know where california is coming to do this because if you are in a ski accident and your child broke an arm and was in the emergency room, they call the parents to get permission to put it in a cast. now they are saying that the parents can't decide whether to weigh the risk against the benefit of the shot? normally we believe in informed consent with respect to medical treatment. why can't parents have informed consent about medical treatment? i think they have gone over a line in california. >> how do you respond to that? >> actually this is expanding on current law from 1964 that allows minors to be treated for sexually transmitted diseases. it joined other states like arkansas and alabama. it's 11 states in the district of columbia that will allow this. we are having 12 because it's consistent with current law and most applies to 16 to 17-year-olds that can drive themselves to the doctor's office and their papers may already agree for them to take the hpv vaccines but they are not there to provide consent. >> the law said 12 years old, a 12-year-old can do this without parental consent. what is the fear? that a parent won't be smart enough to know whether it's a good or bad thing? this is not an abortion. this is a vaccination. some people think not everybody gets a flu vaccination even though it's a wise thing to do. why should they be robbed to make a decision about their children's health care. we are hoping that 11 and 12-year-olds are vaccinated when they get all the others at that age and a decision that has been made with the parent. actually i think if there is a 12-year-old who thinks that she is at risk and need this is vaccine, we are happy that she is going to the physician's office. that raises a red flag. >> thank you very much. shannon paul, thank you very much and let us know what you think. we will be talking more about the issue of vaccines in general. the hpv and the age of children specifically. you can always find us on facebook out front or on twitter. herman cain, leading a lot of polls and not getting respect. we can't resist telling you why. and donald trump speaks his mind. ♪ when your chain of supply ♪ goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there ♪ ♪ track it all through the air, that's logistics. ♪ ♪ clearing customs like that ♪ hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, ♪ ♪ that's logistics. ♪ i was 18 years old before i had my first fresh bun. the invention that i came up with is the hot dog ez bun steamer. steam is the key to a great hot dog. i knew it was going to be a success. the invention was so simple that i knew i needed to protect it. my name is chris schutte and i got my patent, trademark and llc on legalzoom. [ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom today and make your business dream a reality. at legalzoom.com we put the law on your side. the trial of a man accused from a man in detroit. the mist mas day bombing from tomorrow. covering every step of the way. representing himself if you are a part of this and a curious part. what does that mean if it comes to trial. >> he who defends himself has a fool for a client. no one should represent himself. this is no typical defendant. he has council from very, very well regarded and i am told that mr. chambers will be giving opening statements and grilling most of the government witnesses. we do know that the defendant is driving the bus and making decisions. this will be a hybrid case. he will be cocouncil with someone else and not necessarily trying himself. that is say good place for him to be. the evidence is significant. >> there has been stories and saying this should be a slam dunk of a trial and everyone saw him doing what he was doing and is it a slam dunk? >> lock at casey anthony. the prosecution thought it was a slam dunk. when you have 12 jurors from different backgrounds that know nothing about a case, you don't know what's going to happen. the evidence is very strong. we have a confession in this case and a videotape of his description of his suicide mission before going into the united states. there the remnants of the bomb and his underwear. there is significant evidence. what will be interesting is we know the obama administration for sometime has wanted to try terror cases on u.s. soil. they will be very interested in the case. >> we will be watching it. i remember getting on a plane to go to nigeria that weekend in christmas of 2009. we will be covering it every step of the way. up next, the military power of one country that is rising to challenge america. then we will be sitting down with donald trump and where is baby lisa? what the authors are doing to find her. my name is robin. i'm a wife, i'm a mom... and chantix worked for me. it's a medication i could take and still smoke, while it built up in my system. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel problems, tell your doctor if you have new or worse symptoms. get medical help right away if you have symptoms of a heart attack. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping and unusual dreams. my inspiration for quitting were my sons. they were my little cheering squad. [ laughs ] [ male announcer ] ask your doctor if chantix is right for you. starting the second half of our show and made the calls for the out front five. number one, military power. a new report published by the rand corporation warned a future conflict with china. out front spoke to the reports offer who told us if america's economy becomes too dependent, they will build up their military and america will be hard pressed to do anything about it. they could achieve superiority in the concern pacific over the next 30 years. number two, the worst violence in egypt since the regime fell. the violence is hurting the jobs. the market lost half of their value and a few businesses are investing it all. number three, seven people say after treading water for 20 hours amount of thunderstorm capsized their boat. they discovered a group of them yesterday and out front, spoke to him today. he told us they were chaken and freezing and in shock, but they were not in terrible health. he gave them water and they were speaking clearly. a miracle there. leaders pledging to have a solution to the debt crisis by the end of the month. for today, the biggest one-day move. the start of american earnings season. they told out front, earnings will send stocks higher and looking for an 8% gain now through the end of the year. what are we doing to get it back. a lot to say about who should lead it. it was on the list for a candidate. i asked him why he got out. >> number one, nbc is driving me crazy like please, please. not because of the money. the money is a lot. you earn prime time television and for the privilege of being spat at for a year and a half. you understand that. that's not the reason. when paul ryan came out with the plan and knocked medicare, a bad poker player. he could have kept his mouth shut and elections were lost because of that including a popular republican woman from buffalo where there was no chance for the republican to lose and she lost easily. that was the because of paul ryan's plan. very bad thing. the lame duck session was the disaster. obama rose like a phoenix. they did those things and when i see these things, i am very, very discouraged with what they are doing. i'm meeting with the individual people and i'm seeing signs of life. i have to tell you. herman is a nice and impressive guy. i met with mitt two weeks ago and i was less of a mitt romney fan. i never met him prior to this. i was very, very impressed. they are trying to get the word out. it is early to be relying on polls. i never have seen polls that changed so quickly. look at michele bachmann who i met who was a lovely woman. now she is having a hard time. the polls fluctuate and now it's early and i'm not sure it means that much. >> when are you making your decision of who to endorse? >> prior to the primary. i owe it to a lot of people. thens are asking me who i'm going to endorse. i think honestly i have an obligation to do it prior to the primaries. >> like now? right here, right now? >> no, but maybe it will be on your show. it's a little bit soon. >> chris christie talked about the republican party needing to go back to being a big ten party. the frustrations people have is it's a smaller party because of the focus on social issues. just this week you have the discussion over are mormons christians and all of a sudden religion comes into it again. do you have frustrations that the republican party defines itself by abortion stance or gay marriage? >> there was much more four years ago than today and it's still true to a certain extent, but now it's about jobs and the economy. people strong on the social issues are looking. i hated to see what's going on about the whole mormon thing. mitt romney is a good thing and it's unfair how that came out. i happened to be presbyterian and process stand and know a lot of the people who are even saying negative things and i like them a lot, but it was unfair. >> in terms of the policies, i know you favor a currency readjustment. i wanted to ask you if we wanted to adjust the currency, a couple of things might happen. prices may go up and the u.s. is still barely passing by. why now? >> it's jobs. instead of buying for china, we will be making the gadgets for trump and everybody else who buys for their children. this country can be turned around so fast. i have a club in washington. it was not properly run and i fixed it and made it really great. the c