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House speaker john bainer and addressed the nation on the topic of avoiding the fiscal cliff. called on lawmakers to compromi compromise, to get a deal done. he acknowledged time has run out for getting a larger package. what they need to focus on now is getting a smaller deal that will avoid taxes from going up on middle class americans. meanwhile, a very rough friday for house speaker john boehner, really spent most of the day, explaining what has been views as a political blow, when on thursday, many republicans refused to back his plan b. that is speaker boehner's alternative plan for avoi...

Is that -- these norms that are on wall street, can regulation, can rules and changes to incentives change those norms? >> i think so. thank can, but i think we also have to recognize that part of what constitutions wall street meritocracy, right, that's why people are so surprised they can put these charts up and yet not get largely critiqued for it. the reason being that wall street's willingness to play fast and loose, to lie, cheat, and steal, that's not thought of amongmy wa many wall streeters. but rather as a sign of their merit. i'm above the rules, right, and you have a credit my fast...

and new images inside the japan desolation zone on the one-year anniversary of one of the most natural and nuclear disasters ever. i'm don lemon. you're in the "cnn newsroom." thank you for joining us. in the meantime, we start with this -- a push for peace in syria. looks like it is going nowhere. the former u.n. chief kofi annan moat with bashar al assad. he rue feuses talks until the violence is over insisting his forces are fighting armed terrorists. the two sides are expected to meet again tomorrow and annan pushes the group to give aid to hard-hit town, the bloodshed goes on ...

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,...

having it? >> it's not that simple. they have to come up with some compromise, some sort of plan that can pass the senate and go back to the house of representatives and pass there something that the president could sign that would allow the united states to raise the debt ceiling and avert some sort of financial disaster come tuesday. it's not simple at all, so they need to work together. the mainstream, main leadership, democrats and republicans, they need to find a way to come up with the bare minimum to get over this hump. it's a huge, huge obstacle, standing in the way of an mec...