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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,...