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bryce dallas howard, the most anticipated movie of the summer "the help. "this is piers morgan tonight." it's not easy to find a bright spot in america's economy these days. my next guests, dean kamen, and will.i.am of the black-eyed peas, studied science to teach kids to join the workforce. what's a rapper like you getting teamed up with the geeker builder? >> i do music and if you look at the industry i'm in, it's based on technology, from radio to phonographs to cds, it's all technology, microphones, reel-to-reels, cameras, editing, chips, right, it's all technology. >> how did ...

insurance that government would manda mandate. third you said the era of small government was over. that sounds a lot more like barack obama, if you ask me. >> she's got a record of misstating and making false statements and that's another example of that list, she says that she's fighting for these things, she fought for less government spending. we got a lot more. she led the effort against obama care, we got obama care. she led the effort against t.a.r.p. we got t.a.r.p. she said she's got a titanium spine. it's record of her results. please stop because you're killing us. >> toni...

kind of a day will it be? another wild ride? well, some won't mind if it's wild in the right direction. though, we have seen a historic week of volatility. also huge changes at the u.s. postal service. administrators there are asking congressional approval to lay off 120,000 people. you heard me right. also across in great britain and all across great britain now the riots die down a little bit now and maybe life getting back to normal in london. nearly 2,000 people have been arrested in in connection with the violence and looting there we have seen over the past week. maybe yo...

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,...

a meaningful handle on the deficits and the debt. now comes of course the federal reserve. we have ben bernanke here, which has used every tool in its box to keep credit flowing and interest rates low in the wake of the great recession. at 2:15 eastern, a little over an hour from now, the fed will tell us what if anything it plans to do in the wake of the downgrade, the debt snafu, the european debt snafu and the global stock freak-outs. in the meantime, i want to bring in richard quest, just outside the new york stock exchange, and christine romans in our new york studios. i would l...