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Its to let you know that the full article we referenced is also in our meet the press magazi magazine. Its on flipboard, and if youve never used it, its an app that allows you to display all your favorite content across the web in an easy to read magazine view. Our magazine will provide you with the meet the press experience all week long. Interesting content from the same sources we use to prepare for the program. Books, magazines, articles and videos. Well also have exclusive material and highlights from the program. Download the flipboard app on your smartphone or tablet, and once there, search for meet the press in the bar on the top right. Let me know what you think of our flipboard magazine on. Maybe we actually have to get ready, and if thats the case, i think we could be in for a bit of a ride. People may also not understand how much money it costs the government to be shut down. We talked about that on twitter in our interview on friday. You made the point, 1. 6 billion last week according to an analyst from ihs. Each day in terms of economic output in this country is 1. 6 million. There are huge stakes here. If we get past the debt ceiling without a deal, even if we increase the Interest Rate on treasuries by one point, thats 120 billion annually. So huge costs to the real economy. There is going to be a cloud, an overhang either way, because whatever deal we get sounds like its going to be a shortterm deal. Through the holidays people are going to continue to be nervous. Its going to impact investment. I cant tell you that this ends badly, but i cant tell you that it ends well. All right. Andrew ross sorkin, i know youll be watching. Thank you fo taking the time. Thank you. As we look at the impact of this at the end of the week, here a poll about reelection. Heres the question. Would you vote to replace every member of congress if you could . 60 in our poll, 60 , said yes. Chuck, you talked about it as a political depression. That is the question for all of you. Are we in a political depression . Well, when eight in ten americans say the country is headed in the wrong direction and were not in an economic downturn were not in an economic downturn. It is a fragile economic recovery, but were in recovery. Its clear were in recovery. There is a little bit of optimism. So when you have eight in ten americans saying were headed in the wrong direction, what is it . The only other time we were this bad in our poll was during the Great Recession and right after lehman brothers. There is no other way to explain it, and i think the country is totally now fed up with this broken political system. And, you know, yes, right now democrats are quote, unquote, benefitting because the republicans are taking the beating. But this is the crisis in confidence with the government and the political system. This is the hangover. Judy woodruff, you covered these issues over time, but back in 1996 they were talking about the need to deal with medicare. Its washingtons inability to get to pass this fundamental belief that youre 100 wrong and im 100 right. Thats right, david. I didnt cover the great depression, but when you think about it, this is as bad as it gets. If you go back to the 1930s before fdr and what the similarities are is back then it was the rich and the poor who were hurt by what was going on. Today it is, as chuck just said, its democrats and republicans. Yes, republicans are hurt in the short run because people dont like that they think theyre majorly responsible for the shutdown. But in the long term when people lose confidence in government and they think washington is dysfunctional, democrats believe government should be there to help solve our problems. So if the public no longer believes, has any faith in government, that hurts the democrats, too. Kathleen . Im actually surprised its not more than 60 . That is high, though. Well get there. It is a high, but even on the hill, republicans and democrats are equally frustrated and equally disgusted with not only one another not the opposite party, necessarily, but even among themselves. And one of the strangest things, as we watch all of this, is it seems to me that the two protagonists, Speaker Boehner and the president , have similarly driven by the other parties. Its funny that they each know what the other needs. But the president has been driven primarily by senator reid, and for poor john boehner, i always precede his name with poor poor john boehner has this tea party resurrection. There is almost no one that can take control of whats come apart and almost everybody wants to. I raised this before and i raise it a second time because, as chuck said, the republicans have taken such a beating on this, harold. But the president knew this was coming as well and didnt have to face reelection again. Is there a certain aspect of this where he says, look, not only am i going to protect a future president from having to deal with these kinds of demands, but i can also deal with republicans if they want to shut down obama care and dont have support. You asked, would each of you be willing to blame the other 100 , and it was interesting their answer. There are two issues. Whether or not we raise a debt ceiling. You have a proposal to raise it for six weeks, a proposal to raise it to the end of january, and you have a third one where it takes it to the end of the year. Second, you have a group that wants to push it out to the end of january and another group wants to push it out for a few months later. When we look back were going to wonder how on earth could the president and others not come to some agreement when you have plausible, attainable kind of goals in front of us. Two, the economy is ready to take off. You saw last week the market exploded. The biggest single gain the day of the year once it looked like a deal was within reach. Last week reports demonstrated that america is now the number one interview produced in the world, about to take russia in natural gas and petroleum products, which means higher paying jobs. Americans want to work. They want to get beyond this moment. It seems for those who are outside of this, and im not as close to washington as i was before, a deal is within reach. To kathleens point, it appears there are forces. Tea party on one side, perhaps progressive liberals on the other, that are stopping us from each side taking a small step and conceding a little bit. Boehner conceding on spending and president obama conceding with democrats around whether its obama care or spending cuts. To your point, the fact is there were several proposals made that were completely within reasonable bounds by anyones measure, including senator Susan Collins proposal. To me none of these are reasonable to me right now because were talking about six weeks, six months, eight weeks, maybe three months. You go to the cost of the shutdown. The cost of doing this six weeks at a time, even six months at a time, the cost of not having a budget that we havent had in i dont know how long, an actual budget, the cost of doing that for the federal government is also costing us money. Thats where its sort of, to me, the most frustrating part is that theyre fighting over a sixweek deal. We need something to get be kwond this moment. You talk to the white house and they make it clear the president is not going to bend on the debt limit. He does not want to go with a shortterm agreement on the debt limit because you turn around and its december or january and you do it again. But they say if you can remove the threat of a debt limit, the president is ready to talk about spending, about appropriations, about the sequester, those automatic acrosstheboard cuts, so theyre saying that ability is there but republicans have got to get over what is the here i asked the senators, so if you do get a deal by thursday, what will they have overcome, chuck . Part of it is how much do you spend for the next fiscal year . But obama care seems to be off the discussion. Listen to rob portman. His two demands now were but hes not a house republican. No, and the demands on health care now are very, very tiny. The problem for republicans would be the deal that john boehner and Mitch Mcconnell would take they cant sell. John boehner is a guy that wants to do something about medicare and social security. The problem is, that does not sell with the tea party. The Tea Party Caucus does not want this. They do not believe a big entitlement deal is really something to tout, certainly not something to take home to voters. John boehner could win an increase in the debt ceiling as well as a reopening of the government if he chooses to reopen the hassle rule. If we get to tuesday and wednesday and he does not have a majority of republicans, all the democrats could bring maybe talks broke down last night between mcconnell and reid. The Senate Republicans thought they had a deal friday night. Everybody thought yesterday it was all going to happen, and then reid backed off. Part of that is the white house. They didnt like the sequester issues and these numbers that were rallying around collins. I think on wednesday boehner just takes the senate bill thats sitting there dont forget, at any point in time, he can just throw that out there, throw it in, put it out as one bill ask then we sort of punt for six weeks. Obama care is still the center debate of all this. Kathleen sebelius has been sort of the debating point of this, and we talked about her, shes the director of health and human services. She runs the health care plan. She runs obama care. She thinks she runs health and security. Its part of the security verification. She was on jon stewart this week and it didnt go well. Watch this. Were going to do a challenge. Im going to try and download every movie ever made, and youre going to try to sign up for obama care and well see which happens first. Funny line. Unfortunately, a lot of truth. She struggled to answer why you would give a business a year delay but not an individual who has to, you know, adhere to the individual mandate. Well, they dont want to give the correct answer, which is that obama care falls apart without the individual mandate. I mean, we need the young people to pay the unhealthy people. Right, the unhealthier folks. As a fellow kathleen, i think we could cut her a little bit of slack. She was not effective. She should have been far better prepared with her answers. There is no good answer to the individual mandate. There is also no good answer as to why this disastrous rollout. These people had plenty of time to get it together on the one hand. But they also had plenty of time to get their answers straight so when asked they could say not its getting better, every day its getting better. It just shouldnt have happened this way. Let me take a break and well have more on this from the others with our roundtable, after this. Way. Let announcer scottrade knows our clients trade and invest their own way. With scottrades smart text, i can quickly understand my charts, and spend more time trading. Their quick trade bar lets my account follow me online so i can react in realtime. Plus, my local scottrade office is there to help. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. Ido more with less with buless energy. Hp is helping ups do just that. Soon, the worlds most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. Multiply that across over a thousand locations, and theyll provide the same benefit to the environment as over 60,000 trees. Thats a trend we can all get behind. Bny mellon combines Investment Management investment giving us unique insights which help us attract the industrys brightest minds who create powerful strategies for a countrys investments which are used to build new schools to build more bright minds. Invested in the world. Bny mellon. Final moments here with all of you. The unusual effects of the shutdown. So because of the shutdown, there is no administrative personnel to manage quota allocations so that fishermen can go out and fish or crab, and that is why you have Keith Colburn from the deadliest catch on television testifying on capitol hill this week. Watch. At some point youre going to run out of bandaids, and at some point youre going to need a tourniquet. Im here on behalf of fishermen. Im here for crabbers, but im here for fishermen. Im here for our markets to be solid, for our economy to be good, for people to be able to buy my crab. The guy just wants to go fishing. He was the most eloquent on capitol hill saying, do your jobs. I got to go fishing, i got to make a living. And there are serious and not so serious repercussions from this data, but the fact is, and most of the country isnt feeling it. Your nbc poll this week showed that. But there are serious effects, too. Nih, we know people are not being accepted for medical clinical trials. What is it the white house said yesterday, out of five scientists in the government who are the winners of nobel prizes, four of them are furloughed, which is just a symbolic way of saying research has been shut down. The centers for disease control, food inspections are cut down, the salmonella outbreak on the west coast. No work that has been done on t. I think as historians look back 20 to 30 years from now, this moment will rank like 2008 that shows a lack of confidence, a dearth of confidence. It may be harder to recover from than we think, and i hope it doesnt keep people from running for office, because its clear that thats what we need most. Well be back with an exclusive preview of new well be back with an exclusive preview of new findings that will make you before Global Opportunities were part of their investment strategy. Before they funded scholarships to the schools that gave them scholarships. Before they planned for their parents future needs and their sons future. They chose a partner to help manage their wealth, one whose insights, solutions and approach have been relied on for over 200 years. Thats the value of trusted connections. Thats u. S. Trust. [ male announcer ] may your lights always be green. [ tires screech ] [ beeping ] may you never be stuck behind a stinky truck. [ beeping ] may things always go your way. But its good to be prepared. Just in case they dont. Toyota. Lets go places, safely. Weve always been on the forefront of innovation. When the world called for speed. When the world called for stealth. Intelligence. Endurance. Affordability. Adaptability. And when the world asked for the future. Staying ahead in a constantly evolving world. Thats the value of performance. Northrop grumman. Jbut when it comes to investing, things i prefer to do on my own. Thats the value of performance. I just think its better to work with someone. Someone you feel you can really partner with. Unfortunately, ive found that some Brokerage Firms dont always encourage that kind of relationship. Thats why i stopped working at the old brokerage, and started working for charles schwab. Avo what kind of Financial Consultant are you looking for . Talk to us today. Were back once again with chuck todd for his first read sunday, a look ahead on politics and first the new Jersey Senate race. If its tuesday, somebody will be voting again this tuesday. Harry reid will get one democratic cory booker is going win. He sort of limped along, steve lonegan. He even had sarah palin campaigning with him yesterday. Swing votes in new jersey. Cory booker is going to be an impatient man when hes in the u. S. Senate. This is not somebody who will enjoy being in the back bench. Its going to be interesting to watch. What else . Move on. I want to show you speaking of rabble rouze erke rousers in th. Ted cruz. The Republican Party really is divided in two camps. Half identifies with the tea party, half identifies with the nontea party, and you see we did an interesting survey with the obama and romney pollster pollsters. The left wing and the right wing combined are a minority. They do identify with one party over another but not comfortably. They like the government safety net, theyre social libertarians, theyre not really churchgoing people, but more interesting you need to know what theyre doing later today, if theyre not watching the show today, theyre drinking beer and watching football. But it is a very interesting study. Well have a lot of details on tuesday and people can go on the web and find where they fall. People have to wonder if its 51 . This congress does not represent a majority of the country. Thats what the study is going country. Thats what the study is going to tell us. There is a pursuit we all share. A better life for your family, a better opportunity for your business, a better legacy to leave the world. We have always believed in this pursuit, striving to bring insight to every investment, and integrity to every plan. We are morgan stanley. And were ready to work for you. Losing thrusters. I need more power. Give me more power [ mainframe ] located. Ge deepsea fuel technology. A 50,000pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. Our Current Situation seems rather extreme. Why cant we maximize our. Ready. Brilliant. Lets get out of here. Warp speed. Warp speed. Your Childrens Health can affect their gpa. Yes, exercise and education go hand in hand. So make sure your kids are active 60 minutes every day. Youll help them feel good and even perform better in school. The more you know. Here now, some of this weeks images to remember. That last image is of the new 100 bill that was rolled out this week despite the Government Shutdown. Interesting fa