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Defending the national security agency following a report it secretly collected the phone records of millions of verizon customers. the obama administration calling this, quote: a critical tool in protecting the nation from terrorist threats. even though the information was said to be collected in bulk targeting citizens who were not accused of any wrongdoing. chief intelligence correspondent catherine herridge is joining us now live with more on this from washington. >> reporter: thank you, uma. as the court order first obtained by "the guardian" show that is the if, bi and the national secur...

Or is it something that will be taken out of the chain of command? part of the problem i think we're seeing is that the military culture in and of itself doesn't know how to handle these cases. and i mean everything from the intake and the rape kits to then how these cases -- how you gather evidence, how the case is prosecuted. part of the problem is they just don't have the capabilities. a lot of folks are saying let's do this outside the chain of command. the other problem is there is not the impetus currently, that's why that comment is so important within the chain of command, you don't wa...

Of anxiety. you're right. they were away in europe, they're coming back from vacation, our lawmakers come back, things are going to get pretty wild, so buckle up. jenna: we will. thank you for the advice, we appreciate it. market's down about 1 points right now -- 14 points right now. a little context, if you will. in february of 2009, the obama administration announced it was prepared to tap that reserve if prices became too burdensome on the economy. remember, we were just coming out of the recession at that point, so there was a lot of concern about the recovery. in early to mid 2011, there...

dropping out of sight. i'm wolf blitzer. you're in "the situation room." we begin with today's damming new report on penn state's university's cover-up of coach jerry sandusky's sexual attacks on young boys. it says the top people at the university including the legendary football coach, joe paterno, hid what they knew and had no regard for the young victims. just now university officials are promising it will never, never happen again. >> you should know that our hearts remain heavy. and we are deeply ashamed. >> we're in no way lessening our focus on our own failings. we also are...

zz h zoraida sambolin has the day off. >> that is awesome. it's caught on camera. i'm ashleigh banfield. it's nice to have you with us every morning. it's 5:00 a.m. on the east coast. let's get started with this. go vote for someone else. how about that for a campaign pitch. fighting words for mitt romney after a pretty rough reception at the naacp convention. it was a tough sell to begin with though anyway. governor romney's really trying to convince african-americans that they'd be better served with him in the white house than with president obama. president obama has about 95ish ...