you know most of apple sells it outside of america because people in america can afford to buy apple products because steve jobs moved all the jobs overseas and speaking of apple having more money than the u.s. government on their books i think a good idea for america how they can get out of our debt situation and i keep their liquidity flowing to keep the government operating is has emerged from spain spanish banks fields we're not all go ask collateral so cristiana we're not told are the most expensive footballer in history has joined the european central bank on a free transfer sources say the authorities want this help on the sovereign debt crisis by kicking the can further down the road so he's joking of course but what is it actually we're not although could feasibly become the e.c.b. property after he was pledged as collateral for emergency liquidity support by spain struggling savings bank. thank you because in two thousand and nine one of the spanish banks that has since become bankia language re all madrid seventy six point five million euros to pay the transfer fees for on

that is the mission of america. to suggest that the republican party, that we can be a party about just tax cuts and spending cuts and not about strong families and strong faith and strong faith communities, you don't understand, iowa and you don't understand america. ladies and gentlemen, as you saw from the debate the other night, this campaign is about scratching and clawing for every little bit of recognition we can get. i had to wave my hand and ask for recognition. this is the little engine that could campaign. they told us we had no chance, all they did, all the press does is talk about the shiny engines that keep coming by or maybe -- maybe will come by and help, maybe we'll hitch up and start working hard. we didn't wait around. we started working hard. we started going out and have been to iowa more than any other candidate, been to new hampshire more than any other county, we've been to south carolina more than any other candidate. why? because i can't to be accountable to you and i want the people who ar

[applause] that foundation will preserve america, and without it, america will fail. the original contract, our constitution, promised a limited federal government. is the same today as it was a originally, except for time to time, it might be amended by the american people. of our sacred mission is to preserve the constitutional principles that made our country great and to advance the cause of liberty. we believe in freedom, and we will fight to protect that liberty and freedom. [applause] now, three years later, we are into the obama presidency. the economy is still sputtering. we have added $4 trillion to the national debt, anemic economic growth has unemployment higher than 9%, excessive government spending and regulation, plus the constant threat of higher taxes and more of the same or even worse have choke holds on our productive, free enterprise system and not creating jobs. now, has the leader of the free world lost sight of the american dream? the united states has grown into the world's largest economy through ideas, innovation, and instinct. for generation

(cheers and applause) oh, america! ooh! oh, lord, america! oh! america, you got a pretty mouth! i love your mouth, america! (laughter) that was awkward. anyway, what are we talking about? right, right. governor, it's day two and you're already cowboy boot deep in hay hitting on america. it's long campaign, man, you're going to have to dial backback the texas a notch. you're already at yosemite sam level. (laughter) you've got to dial it back to "walker, texas ranger" territory of course, whilest republicans joust for position, the president of the united states has the privilege and benefit of staying above the fray. months away from having to get his hands dirty with swing state bus travel. >> reporter: president obama goes to minnesota today, starting a three day, three state bus tour. >> jon: oh for (bleep)'s sake. (laughter) seriously? obama's back in campaign mode already? >> white house officials insist this is an official event, not a campaign event. >> the obama administration insists this is not a campaign trip. >> jon: right. no, it's not a campaign trip. i'm sure the

did he sufficiently kind of introduce himself to america, much of america who perhaps doesn't know anything about him and his principles, and his politics? >> reporter: fred, as jim was just saying he really hit a lot of the high notes to conservatives and other tea party activist that is he's going to have to make the case to over the next couple of months, especially that anti-washington theme. the country, he said, is doing just fine. it's washington that's the problem. that served him very well about a year ago when he was running for reelection as governor of texas and he faced the primary election against kay bailey hutchison. you were mentioning barack obama just now. and the obama campaign didn't wait very long at all. they put out a statement from one of their spokesman that said, in a republican field that has already pledged allegiance to the tea party and failed to present any plan to benefit the middle class or create jobs, governor perry offers more of the same. you can see right there, the obama campaign in chicago not wasting any time. i tell you, it's already been a very in

that is to represent all of america and get back to solving america's problems. i don't believe this is that hard. i think we are making it that hard because we're fighting one another as opposed to trying to focus on what's most important. that is the american dream. >> howard, if you don't mind me jumping in, there's also this question of how to deal with globalization. in particular, china. fascinatingly, you have set up the starbucks china club. you are learning mandarin. you, howard schultz, as i speak. when i come back after this break, i want to talk to you about why you, as opposed to donald trump, who sees them as the enemy, see china as a potential friend. have i got a surprise for you! a mouthwatering combination of ingredients... i know you're gonna love. [ barks ] yes, it's new beneful healthy fiesta. made with wholesome grains, real chicken, even accents of tomato and avocado. yeah! come on! [ barking ] gotta love the protein for muscles-- whoo-hoo! and omega-rich nutrition for that shiny coat. ever think healthy could taste so good? [ woman announc

the dream killers cannot prevail those who still believe in america who still believe that america is exceptional because we have an exceptionally large middle class we have exceptionally smart social programs and services essential services a safety net that's american so exceptionalism we think those people who still believe in the american dream i would a super majority in america and rebuild the dream guy calm is about supporting those people come in the voice i have to say it is. absolutely astounding to me i have sat through so many. organizing meetings activist means from really i'm i'm a bit older than you literally from my days in the s.d.s. in the late sixty's before you were born or about the time you were born to be you know latin three weeks ago and it's like so often people are competing there they're there there's infighting there's all these these politics and i'm just astounded you were able to pull or was together. i tell you what i said that you would think it well i tell you if you were just be trying to do it it wouldn't work i think what has happened is that we h

cup on the 34 -- for the america's cup 34. but it is at the water basin a little to the south of pier 32- 38. whose phone is ringing? that is where the key vessels will be brought during the match. the second place is the open water basin at the rincon park. the proposal is spectator yachts would be berthed in that open water basin. it the special area plan limits mooring to non-commercial vessels. the items will be held at the commission meeting on july 7, in the port commission room, in this building. there will be a staff report available, june 24. at this time, staff is only recommending an allowance for the brannon street wharf open water basin and not the rincon point open water base. at some more to come on where the super yachts will be berthed. and finally, i'd like to propose the port commission adjourned its meeting today in honor of the fallen san francisco firefighters, lieutenant vincent perez and firefighter paramedic anthony valerio, two college to we have lost 10 days -- two of our colleagues that we have lost

are better off but the overall situation is much worse america's quadruplet instead america if you take in the consider the things that they guaranteed they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better but it sure the u.s. will default that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better well that's it months of political squabbling before the eleventh hour deal was struck to raise america's debt ceiling but it was still not enough to stave off the credit score drop as very important i explained as investors are ready to move out of the united states because of its increasingly fractured fiscal reputation. help us avoid default debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with bickering grandstanding and lack of compromise i devise if debate over raising the u.s. debt ceiling created an unprecedented climate of uncertain

everything in america seems consumed. is it time for america incorporated to revisit this whole area, do you think? >> aspects of china's performance is more or less impressive while you're there. the beijing olympics or the high speed rail project that's a double edge situation that the chinese can get done with great speed. the recent tragedies in the high-speed rail projects, the fatal crash and the evidence of corruption suggests that the chinese approach has its problems too. there's a huge overhang of the white elephant projects that kept the demand going up in a short run. but you go to the remote cities, there are giant airports, giant shopping malls and everything. it can be romanticized from the -- out of our frustration with the bureaucracies in the u.s. >> thank you very much. >> my pleasure, thank you. >> london calling 16,000 police on the streets. can they restore order? [ man ] behind every business is a "what if." what if we designed an electric motorcycle? what if we turned trash into surfboards? whateve

i am pro-america's cup, and i think we can make it clean and green. we urge you to work harder on that. thank you. and i also want to submit this letter i submitted to the board and to the america's cup on the shoreside power which gives you more detail on the emissions. president olague: thank you. >> hello. my name is daniel osborn. i live at 2143 joined street -- jones street, near greenwich. i've been swimming in aquatic park for over 50 years. many other locations in san francisco de. after finishing swimming at stanford, years ago, i found this very receptive place. there is no other location in the entire san francisco bay area that is protected as aquatic park is for swimming. i have personally participated in the rescue of a swimmer who was done in by a tugboat. it was not a pleasant experience. i would like to see the eir address the recreational use of aquatic park, which does not address. i even have the knowledge of the 1900's of city beautiful development of the area, which designated the aquatic park area for recreational use. even thou

and get back to solving america's problems. i don't believe this is that hard. i think we are making it that hard because we're fighting one another as opposed to trying to focus on what's most important and that is the american people. >> if you don't mind me jumping in, there's also this question on how to deal with globalization and in particular china. fascinatingly, you have set up these starbucks china club and you are learning mandarin. you, howard schultz, as i speak. when i come back after this break, i want to talk to you about why you as opposed to donald trump sees china as a potential friend. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? t

that define his america -- defined his america in the time i grew up. there was something else the defined in. that was defining the proper role of government. he did that better than any american has done before. [applause] it has always been important for americans to do that. i stand before you today at a time when defining the proper role of government is as important as it has ever been. the answer lies in what kind of country and want to have -- we want to have. i think the majority of americans share a common vision for what they want our nation to be. they want our nation to be two things at the same time. they wanted to be free and prosperous, a place where your economic hopes and dreams can be accomplished and brought to fruition. through hard work and sacrifice, you can be to god meant you to be, no matter who your parents were, no matter where you were born, no matter how much misfortune you may have had in your live. if you have a good idea, you can be anything if you work hard and play by the rules. americans share that vision. they also w

is this coming to america? i say yes. you think the violence is coming to america? >> we are already seeing it pop up a little in pennsylvania, right? >> sean: that's true. >> on a smaller level. it is down the road. not immediate. but if we continue on the track we are right now, where people think they are entitled to a house. they are entitled to food and education and not have to work hard to get to that point, they aring -- it is going to turn violent. >> sean: it is coming, no doubt. if it doesn't happen within a decade, i will be shocked. >> i hope not. >> sean: i hope not is right. >> sean: our weekly round-up of all the ways mainstream media puts it liberal spin in our media, next. ortunities in one place. the winning horse you could have picked. ♪ that "old flame" you should have called. ♪ that leap of faith you never took. but there's one opportunity that's too good to miss. the lexus golden opportunity sales event, with exceptional values on the lexus is. but only until september 6th. see your lexus dealer. as luxury s.u.v.s, it helps to have the qua

my name is eric farnsworth and i head the americas society and the council of the americas. and it's a real honor for me personally and also for my institution to be able to partner with brookings this morning on what promises to be a very important and relevant and timely discussion. i want to na the brookings institution for their willingness to host this program and particularly -- in particular i want to thank mauricio who leads the latin america initiative and of course is one of our presenters today. i want to take note of diana neglect are a opponenta -- negraponte. we have cutting edge work, some of which we're hearing this morning, attempting to understand latin america's link with asia and the implications of these linkages. it's a multidisciplinary approach that's strongly encouraged by the brookings institute president whom i first met in 1995 when he was the deputy secretary of state and we traveled together as part of the u.s. delegation to the inauguration of argentina's newly re-elected president. as part of that trip we also traveled to brazil and chile and

it's time to get america working again. [applaus [applause] >> to get our citizens working in good jobs and getting the government to working for the people again. and page one of any economic plan, to get america, is to give a pink slip to the current residents in the white house. [applause]. listen, we've just got to get back to the basic truths of economic success. you know, as governor i've had to deal with the consequences of this national recession and in 2003, and again this year my state faced billions of dollars in budget shortfalls. but we worked hard, we made tough decisions, we balanced our budget not by raising taxes, but by setting priorities and cutting government spending, it can and it must be done in washington d.c. [applaus [applause] >> doctor, we have led texas based on some just really pretty simple guiding principles. one is don't spend all of the money. [applause] >> you know, two is keeping the taxes low and under control. three is you have your regulatory climate fair and predictable, four is refor

, he cede made in america, steny, mr. hoyer will talk to us about make it in america, and when he talked about the f.a.a. bill which we'll talk more about now. everybody has been intensely involved in this discussion on debt. the american people's top priority is the creation of jobs. we have crossed the grid from that important discussion, interesting that it was something that the republicans did not have the votes to pass, we remind members that they took the step to pull us from the brink of default even though they did not, were not happy about the legislation but what was good about it was it's over and now it's time to talk about jobs and a person who has been a leader in beating a drum for make it in america, our distinguished whip, mr. hoyer. >> thank you, madam leader. let me suggest at the outset that talking about jobs is talking about the debt. the only way we're going to successfully deal with debt is to create jobs and economic growth in america. we know that. but eight months on the job, no jobs bill for t

that should be done whether we have an america's cup or not. one of the problems we have is that we do not have enough of these. i know some people may not avail themselves of them anyway but at least they have to be there to make it possible. and finally, mitigate whatever effects we can february other parts of the golden gate national recreation area and as jennifer said, make sure that you analyze the longer out reaching impacts of the activities on other parts of san francisco in the bay area. although we are kind of confining our analysis to the city and county of san francisco. it is a great project. i think it has tremendous benefits from san francisco. we will create a terminal that we would not if not for this. that is great. i think we have more work to do on it. >> thank you for everybody who has commented. there were many thought-provoking comments. i hope they all together will create a ground swell that is more responsive to the issues which concerns the city of san francisco. i do not feel that anybody obligates to the -- objects

better off but the overall situation is much worse america's quadrupled it's dead america had to take in they considered the things that they had guaranteed they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better but it sure the us will depart that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better. the long lasting political bickering over the u.s. debt ceiling followed by a once minute deal is widely seen as another factor undermining trust in the american economy record and i explained. help us avoid default debt ceiling nation default and this crisis time's running out the entire world is watching it's been a public spectacle filled with bickering grandstanding and lack of compromise i devise it debate over raising the u.s. debt ceiling created an unprecedented climate of uncertainty over america's so-called sound economy the damage has been done no matter what happens now everybody really thinks the unit

are better off but the overall situation is much worse america's quadrupled it's dead america if you take in the consider the things that they can guarantee they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better we will either inflate people back in worthless money we will inflate it away we will change the rules we will put on exchange controls our vision of the us will depart that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better all the down came too late to hit europe's stock markets but it has already taken a hammering this week being battered by the euro zone and america's debt l.t.s. a large is that a bushel is monitoring be a fall out process. yes and came form the white house they were palgrave they were told they made a million dollar mistake in their calculations they scrambled to get it with european partners going work them out in an emergency meeting in the middle of the other night admitting

government debt most of the economy in america over fifty percent of the economy is tied to investment banking and wall street trading so they control the g.d.p. for them to continue to make money they need to look for new business new revenue is turning america's aaa rating to junk will make them many many billions of dollars in fees it's just simple economics and simple business just follow the money the folks on wall street have the american public by the juggler and they've got to keep squeezing and so they end up putting another fifty or sixty million of people permanently into poverty and just destroy this economy what obama needs to do if you're working in the interest of the people would be to nationalize j.p. morgan and goldman sachs immediately fire these crooks and start all over again because you've got a predatory monopolist down there on wall street who is interested in wiping out the middle class for a quick buck and that is tyranny all right and for a european perspective on america's a budget struggles and in just a moment we can cross and live to economics professor p

> ok, america's cup is going to put up? >> i believe about 50%. let me back up. what we're trying to create is an as needed pool, which is where we have on standby selected consultants to do work as it occurs. let's say that the port decided that we needed some sort of special public advisory regarding traffic conditions, the day of the race. then we would take from the pool, we will look to the funding we expect, three in the pool. we would not do that without coordinating. wheat for doing it as a good to see. >> it is more or less a contingency number, but not based on some -- >> it may help, what was the value of the contract for the pier 70 solicitation? >> that was about $10,000 over three months. >> this is all really very new to us. i apologize i cannot draw the picture, but we did retain the services of the pr firm to help us. for the pier 70 contract. it was a very discreet task, and to answer your question, that is based off of that experience and something similar to that. i think your point is well taken. >> my

said about america and no one noticed. >> you have restored in me my faith in america. >> this is a big deal. >> for the first time in my adult life, i am proud of my country. >> it's unbelievable she would have said that. >> she said it twice. >> i'm proud of my country, i don't know about you. >> major controversy. >> i am rick perry, and unlike barack obama, i will [ bleep ] out of america. >>> good evening from new york. i am melissa harris-perry. president obama offered some pretty helpful advice to rick no relation perry. he said this isn't like running for governor, running for senator, running for congress, and you've got to be a little more careful about what you say. pretty easy to understand, when you're running for president, you're being recorded, recounted, and fact checked. no statement you make will go unvetted by media and the voters. this morning, rick perry responded to the president. >> you know, yesterday president said i needed to watch what i say. i just want to respond back, if i may, mr. president, actions speak louder than words, and my actions as governor

are better off but the overall situation is much worse america's quote to quote it's dead america if you take in they consider the things that they guaranteed they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better now they are going back to the i just want to ask you you dismiss the agencies but they do affect a country's borrowing costs right and surely that's got to mean something. i miss it but as i said anybody who pays attention to true book to the movies is wasting their time and if it's if it really is aaa while the chinese moving their money elsewhere why are the people moving their money elsewhere if everybody thought this was aaa it's paid aaa on paper no real in first or invest in us government bonds thinking is aaa they are we are the largest debtor nation in the history of the world mr i know you have to report something but this is what all new that's there's no bond investors what are they doing now will they be going it would have their their investments and certainly hands went up last week. ok and so they're still going

if america wanted to be different and america wanted to be special. was separated us from the rest of the world was our political system. our political system is something we should always embrace and be proud of. our public is unique. we should always understand that we decide issues in this country that other nations fight wars over among themselves. but that is not what really separates us from the world. what separates us from the world that in america, it does not matter where you came from or what your parents did for a living, if you have a good idea and are willing to work hard, anyone can accomplish anything. for those of this more and raised in this nation, sometimes it becomes easy to forget that and take it for granted. but the fact is, this is an exception rather than the rule. what we know as life in america is almost an impossibility almost anywhere else in all of human history. there has never been a place like this. we should never be embarrassed to say that because it is true. we should never be embarrassed to see america for what it

are better off but the overall situation is much worse america's quadrupled it's dead america if you take in that consider the things that they have guaranteed they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better we will either inflate paid people back in worthless money we will in trade it away we will change the rules we will put on exchange controls or bisher the us would have thought that's why people are moving away from us government bonds are busy everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better. and of the downgrade came in too late to hit europe's stock markets with chuck already taken a hammering this week by the eurozone and america's debt difficulties he said trying to push as i'm monitoring the fallout in brussels. we used downgraded trust in the rating agencies to junk status. as the agency admitted a two trillion dollar miscalculation when deciding downgrade they claim to have the world's best minds working for them hasn't really surprised people he

that is the mission for america. to suggest that we can be a party just about tax cuts and spending cuts and not about strong families and a strong faith and strong faith communities, you do not understand iowa and you do not understand america. [cheers and applause] ladies and gentlemen, as you saw from the debate the other night, this campaign is about scratching and clawing for any bit of recognition i could get. i had to wave my hand to ask for recognition. this is the little engine that could campaign. [applause] they told us we had no chance, to not pay attention. all the press does is right about these shiny engines that keep coming by to help. maybe we will start to hitch up and work hard. we did not wait around. which started working hard. -- we started working hard. we have been to iowa more than other candidate because i want to be accountable to you and the people who make decisions, who are going to have the fi cut of narrowing this field to select the president, will get a chance to look me in the eye,

we love america. it is not just for our temple hills, we love america because of the values that this nation has promoted around the world and preserved for ourselves, our destiny -- our descendants, and our friends around the world. we show that love for america when the national anthem is being played by placing her hand over her heart. that tradition began in the days of fdr. he asked to put our hand over our heart in recognition of the blood that were shed by heroes proved in liberating strike. --s trife. because of the love of this country, i am convinced that despite our challenges, $14 trillion in debt, $62 trillion in unfunded promises by government, jihadists that want to kill us and russia who is resurgent, china that is now an assertive grand power, we face real challenges in the world. i am convinced that the patriotism of the american people if combined with leaders that will actually tell the truth and live with integrity and to know how to lead america back to greatness, that we will ri

s are doing just that shipping their operations overseas to economies that unlike here in america are actually booming and pay their workers far less that's exactly what former d.n.c. chairman and bill clinton body terry mcauliffe is doing and he boasted about it this morning an emissary see take a look. first one for street agreements we need truck in this country a long term strategic plan to create what i talked about our manufacturing jobs we've lost five million manufacturing jobs last ten years fifty thousand plants have closed i'm doing just announced a plant in china we're ready to go lead the cornerstone two days ago in china and we're often building it fired seen jobs shipped overseas but he's opening up a car factory in china luckily i wasn't the only one who picked up on that particular type of poverty now explain you're building a factory in china but this is going to create american jobs for this little bit of disconnects what we're doing in china is because the high tariffs we have to build there it's the fastest growing auto market in the world so the cars will be buil

are better off but the overall situation is much worse america's quadruplet instead america if you take in the consider the things that they guaranteed they printed huge amounts of money you know the world has gotten worse the world hasn't gotten better but they sure the u.s. will default that's why people are moving away from us government bonds because everybody knows that the us is in serious trouble and the debt situation is getting worse and worse not better and better the don great came too late to europe's top markets which have already taken a hammering this week being battered by the eurozone and of course america's debt difficulties meanwhile the e.u. leaders criticize the u.s. rating agencies blaming them of double standard saying they will create a european want to response well he's done a bushel has more now from brussels. we used downgraded trust in the rating agencies to junk. polls the agency admitted a two trillion dollar miscalculation when deciding this downgrade they claim to have the world's best minds working for them hasn't really surprised people here because mo

when i used to be a young man it used to be business now the business of america is war. for sergio celeb so you will be returning to the economic woes afflicting both sides of the atlantic just little bit later in the program the worldwide comic selling investors jettisoning their shares in the worst week for stock markets since two thousand and . six egyptians are finally saying the former president go on trial over charges of killing and corruption but many feel the revolution which deposed by the life even tougher knew about it denied the charges against him in the opening of this hearing in two accusations of ordering the killing of protesters and if convicted of barack would face the death penalty an eighty three year old was in the hospital when it appeared alongside his two sons and top aides who were also accused of corruption a mass killing however six months after mubarak was toppled the post revolutionary chaos makes many egyptians yearn for what went before. the stores. this quaint cairo is now one of the most famous in the world many around the globe even th