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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...

the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, you're a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would actually hurt our economic recovery? >> well, increasing taxes wouldn't hurt anymore than, say, cuttin...

empire. this is "piers morgan tonight." good evening. a little later, i'll speak with nancy grace, the woman that put the casey anthony trial on the map and became a lightning rod for her opinion on the woman she dubbed tot mom. first, the phone hacking scandal. i was editor of two major british tabloid newspapers. i was editor "nufz the world" from 1994 to 1995. and i was also editor from "daily mirror" from 1995 to 2004. for the record, i don't think any article we published was ever obtained through illegal means. b i readwrote a detailed book on experiences. i want to bring in je...

good evening. a little later, i'll speak with nancy grace, the woman that put the casey anthony trial on the map and became a lightning rod for her opinion on the woman she dubbed tot mom. first, the phone hacking scandal. i was editor of two major british tabloid newspapers. i was editor "news of the world" from 1994 to 1995. and i was also editor from "daily mirror" from 1995 to 2004. for the record, i don't think any article we published was ever obtained through illegal means. i wrote a detailed book on my experiences. i want to bring in jessica reif cohen, porter bibb, managing ...

good evening. a little later, i'll speak with nancy grace, the woman that put the casey anthony trial on the map and became a lightning rod for her opinion on the woman she dubbed tot mom. first, the phone hacking scandal. i was editor of two major british tabloid newspapers. i was editor "news of the world" from 1994 to 1995. and i was also editor from "daily mirror" from 1995 to 2004. for the record, i don't think any article we published was ever obtained through illegal means. i wrote a detailed book on my experiences. i want to bring in jessica reif cohen, porter bibb, managing ...