tv CNN Newsroom CNN August 3, 2011 8:00am-10:00am PDT
the road with a bus tour across the midwest, this will be taking place, the white house says, the week of august 15. so the week after next week, the president, the white house, they really feel like they haven't been able to concentrate on their jobs message, which of course is a huge, huge important issue going into the 2012 election, he'll be taking this message on the road for that, trying to move beyond the debt ceiling business the president has been dealing with. kyra, i promise this is going to be a great story on the ticker, because it is by our newest member of the white house unit. adam isner, this is his first ticket item. >> adam, welcome, we have heard great things. we'll be talking more tomorrow. it is the top of the hour, that does it for us, we're back here tomorrow morning, fredericfredrick whitfield in for suzanne malveaux today. let's get you up to speed
for this wednesday, august 3. we have just gotten confirmation that bomb squad officers in australia have secured the safety of an 18-year-old girl who was in a house with a suspicious device attached to her. the operation to free her lasted three hours, they say her life was potentially at risk. nearby houses were evacuated and neighboring streets closed off. i'll talk to a reporter there in just a few minutes. stocks across the board are lower today, investors are worried about the weak economy and the debt deal that has done very little to reassure the markets. the dow has been down for eight sessions in a row now and has falling for the last eight sk t consecutive days. now the dow is down 70 points. so far u.s. rating agencies have not downgraded the country's credit rating. moody's and fitch both confirm the country's aaa status for
now. but standard & poors has not announced it's decision yet. hosni mubarak was wheeled into court on a gurney and put into a cage for the first day of proceedings. he is on trial for conspireing to kill protesters. his son and his former minister have all been charged and pleaded not guilty. >> translator: what do you say? >> translator: i deny all these charges. completely. and to the crisis in syria, it is worsening there, a resident who fled the besieged
city of hamas says corpses remain on the ground after tanks rolled in to crush unrest. u.n. security councilmembers plan to meet for a third day to discuss the crisis. a human rights group says almost 2,000 people have been killed since the uprising began in march. >> and parts of the northern caribbean are bracing for possible floods and mudslides from tropical storm emily, right now, emily is heading towards haiti and the dominican republic. it's expected to dump up to 10 inches of rain in both countries and puerto rico as well. this by tomorrow, forecasters expect emily to be hitting the bahamas. by the weekend, it could be skirting florida's east coast. texas could use some of the rain from florida tropical storm emily. it is so dry, the town of robert lee is running out of water. right now it is down to 1% of
its normal supply. the town gets its water from a lake and it's almost dry after months of drought. >> surprise, this is west texas. it quits raining at times. >> if no rain comes through, where are you guys going to get it from? >> i have no idea, to be honest. i don't know where you would go to find somebody that has excess water. >> all of us have wasted so much in our time and our life, that if we wouldn't have, none of us would be going through this right now. a man ordered to keep away from the white house jumped the fence and caused a white house lockdown. it all unfolded live during cnn's john king usa program. here's how it went down. >> the secret service has just rushed out of the white house moments ago, guns drawn is the part that was interesting. i covered this building for eight years, you see there someone who has jumped the fence, crawling on the fence. sometimes this happens unfortunately as a stunt, it has
happened in the past, something more serious. you see the person has been told by the secret service to lie on the ground. >> and let's now get back to the developing story out of australia. where police say an 18-year-old girl is safe now after having a suspicious device strapped to her. hugh williams is there and joins us by phone. so hugh, is the bomb squad still inside the house? >> reporter: currently the situation is quite a lot of the fire department and detectives that were here at the scene have now left. the police came out and told us that the woman has been released from this incredibly delicate and dangerous situation inside her house, in this very rich neighborhood of sidney, a very a affluent neighborhood. the woman was released after essentially 10 hours and is now back to her family.
she had been sitting in a very uncomfortable situation all afternoon and because of that she had been taken to a hospital for a check up by the doctors. it's still unclear whether this device which the police refused to call an actual bomb was in fact attached to her or she was sitting on it. they only were able to say that it was in her vicinity. but needless to say, it was an extremely difficult and dangerous situation, all precautions were taken, it was extremely distressful for the girl, she was with negotiators all of the day while detectives worked on the crime aspect and the bomb squad worked on diffusing this device. >> so hugh, you said the crime aspect, so you said someone actually put this bomb on her, can you take us back to how this even happened? where did this device, the police are not calling it a bomb, where did this device come from and why her? >> the reports say this girl was
in the house alone this afternoon, called the police at about 2:30 saying that a man had contact with her and she was left alone with this device which other rumors spread was also attached to a note in what some are saying is an extortion attempt. this is just sort of hearsay about the situation that explains what the police aren't telling. so it's been kind of difficult to figure out exactly what has been going on behind the scenes, as this neighborhood has essentially been in a complete lockdown with road blocks, they declared a no fly zone over the area, with news copters, neighbors were told to stay in their homes or were kept away from their homes. this all happened in an extremely affluent section of sidney. >> you're saying the
neighborhood is affluent, does her identity or her family's identity bring some real significance to most people knowing who they are? >> reporter: well, there's been a bit of a difficult question, people here in the neighborhood have been very tight lipped. there has been a group near the barricades where the media have been set up. but appear to have known her, but they did not -- no one has confirmed the identity of the girl nor the family. it's only known that he was a businessman, perhaps, but what the motive is for this to happen has certainly not been released by the police. i believe it's part of their investigation and they don't want to jeopardize that by giving out too much information. >> thanks so much, hugh williams for that update of sidney. here now is your chance to talk back on one of the big stories of the day. today's question, do we expect too much of our political
leaders? carol costello joins us now with more on this. >> i feel things being thrown at my right now. but we're going to stick with that question. the pundits argue over who won debtzilla. one thing is clear, if president obama wants a second term, he has his work cut out for him. his approval rating is 45%, and in the swing state of pennsylvania things have sure changed since 2008 when president obama got 65% of the vote. according to a quinnipiac poll, 53% of pennsylvanians say president obama does not deserve to be re-elected. independents they're not happy with the president either. joan walsh writes, obama's best hope for re-election is the fact that generic republicans won't win the nomination. none of this is so unusual. past presidents had great swings
in the polls and they managed a second term. and mr. obama knew the road would be rocky on election night. >> the road ahead will be long, our climb will be step. we may not get there in one year or even in one term. but, america, i have never been more hopeful than i am tonight that we will get there. >> but are we willing to keep on climbing? with high unemployment and a stalled economy, americans are impatient and that sentiment seems bipart san. former republican presidential candidate mike huckabee says the atmosphere is toxic. >> many people in my party, the republican party, are unrealistic and what they want is something that no one can deliver. and that's, you know, a candidate that is going to solve every problem in an election cycle. >> so the talk back question today, do we expect too much of our political leaders?
facebook.com/carolcnn. twitter.com/carolcnn i'll read some of your comments this hour. >> you're really asking for it, especially after debtzilla, right? >> we look forward to the comments. here's a rundown of some of the stories we're cover this hour. first how the chinese downgrade of u.s. bonds could affect you. also from the leader of egypt to locked in a cage and facing a possible death sentence, we're live from chicago with news of the mubarak trial. and new details from the night the u.s. s.e.a.l.s killed osama bin laden. >> shot him once in the chest and once above the left eye and
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[ male announcer ] want to pump up your gas mileage? come to meineke for our free fuel-efficiency check and you'll say...my money. my choice. my meineke. all right, so the u.s. avoids defaulting on its bills, but the debt deal that diverted a default didn't really fix the long-term problems and there's concern about how the deal will affect the already struggling economy. over the next two hours, we're going to take an in-depth look at what the debt deal could mean for the stock market, your personal finances, unemployment, small businesses and hospitals. we begin with allison kosik at the new york stock exchange with a check on the market. allison, it looks like another tough day is shaping up, even though the dip is a lot lower than we have seen, but the day
is young? >> stocks are off their lows but they're still in the red. we're watching the dow and if it closes in the red, it's going to be the ninth straight day in a row that the blue chips have lost ground. it's been more than three decades since we have seen this kind of losing streak. investors and everyday americans are worried that this economic recovery is stalling out. this is after we have got an series of reports on how weak the economy is. now we're hearing the r-word being tossed around. traders and economists are saying, you know what? the odds are increasing for another recession. plus moody's has stamped the credit rating with a better outlook. adp reporting that private employers added 114,000 jobs in july, but remember this, adp was way off the mark in june, so investors, they're not putting too much stock in this reading,
they really are waiting for the official jobs report, they're waiting for that before they make moves in a different direction. >> let's talk about the u.s. credit rating, is there still a possibility of a downgrade and what would that mean for consumers? >> the possibility is still there and moody's came out yesterday saying, you know what? u.s., you can keep your aaa rating but we're going to give you a negative outlook. it's putting the u.s. on probation, it means that the credit rating still could be downgraded in the next couple of years. what many people worry about is if there's a downgrade what that could mean for their credit card rates. they could see a rise in rates on their cards. but credit card interest rates they're tied to what's called the prime rate and it's widely used by banks and tied to the fed funds rate. so you're going not going to see these rates violently change unless the fed makes a move
first. and ben bernanke, he's not known for making these rash decisions, so either way, you won't get socked with a rate hike overnight thanks to those new credit card rules that went into effect last year. but your credit card provider first has to give you a 45-day heads up before they change their terms. you're not going to be looking at your bill next week and be facing a huge interest rate hikes. and interest rate hikes only apply to new purchases, not our your existing balances and if you have a fixed rate loan, that's not going to change. if you're looking to take out a new mortgage, those rates could go up. >> thanks so much, allison kosik, appreciate that. in the stock market to your personal finances, we're going to talk with a money expert about the debt deal and what it means for your money, that's coming up in less than 15 minutes from now. time to go cross country for
stories cnn affiliates are covering right now. first stop, georgia. >> you're trying to kill me. they're trying to kill me! >> a man being sentenced for pointing a gun at a police officer was so disruptive that court officials tied him to a chair and then put this motorcycle helmet on him to muffle his screaming. they say it was for his own safety. and on to pennsylvania now, a massive fire destroyed a recycling plant in plainfield township. the blaze raged for hours. it took about 200 firefighters from five different counties to put the fire out. no one was hurt. and in new york, it's a nice change from having a pigeon on your window sill. yes, a peacock went awol and camped out on a fifth avenue building and then flew home this morning. twitter users set up two accounts for this bird. >> i was on my way to the park and i just stopped by and i saw
the crowd first and i was wondering what was going on and everyone was looking up and sure enough, there was a peacock up there. it's just one of those things you don't see very often. >> but only in new york. meantime warnings are up in the caribbean and bonnie snyder is tracking the storm and it's likely path. hopefully it won't cause any damage, just kind of curve outward. >> you need to be prepared. we are right in the middle of hurricane season, so if you haven't made your hurricane preps, do them now because you may find yourself under a tropical storm watch before emily is over. the storm is getting a little bit broken down by some wind shear from the northwest. we're seeing some convection to the east side of circulation. maximum winds are at 50 miles an hour. it's been holding steady like that, it's moving to the west at 13 miles an hour. notice the warnings and the watches that are up.
so 48 hours, 36 hours, be p prepared for some tropical storm conditions all the way into the bahamas. that brings us into the track of the storm. we can take you pretty far out into the weekend and some of the models are taking it up to a category 1 hurricane into monday. so this will stick around in the news as we go through 2 next few days. the storm slowly curves its way toward the u.s., and you can see the cone of uncertainty covers a certain part of florida. this storm could move away from the u.s. and not affect the coast entirely. keep it tuned to cnn and we'll tell you about advisories for your area. this is the time you need to take any hurricane preps you need to do to keep your home and family safe. from president to prisoner, to caged defendant. former egyptian president hosni mubarak's humiliating first day
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it was quite the spectacle, egypt's deposed president hosni mubarak was wheeled into court on a gurney. his sons now co-defendants accompanied their father inside the metal cage, they were all wearing white prison uniforms. fred, tell us what you saw. >> reporter: well, it certainly was a shocking sight to see hosni mubarak coming into that
courtroom, being wheeled in as you said on that gurney. and the whole air about it was absolutely shocking, how ill he looked, how weak he seemed. he only spoke one time during the whole trial when asked how he pled to all the charges, he said not guilty. i spoke to the lawyers who are also present, these are people that are with the prosecution who are asking for a death sentence for hosni mubarak, he said that he looked absolutely frail, they didn't expect him to be as bad a shape as he is actually is. we have to keep in mind how people in egypt and around this world know this man. this is one of the most important power brokers in the middle east. this is a man whose word counted for american presidents. now he's in this state in the courtroom. a lot of people are shocked by what they saw no matter which side of the equation they are on. this is a divisive trial here in
egypt where a lot of people don't believe hosni mubarak should not be put on trial but a lot of people believe he should be held accountable for what happened early this year. >> just look at him and looking at how frail he is, do people believe his frailty will allow him to actually survive this trial? >> reporter: well that's a very good question, and certainly one that a lot of people are asking within the courtroom. and it really isn't clear whether or not that's going to be the case. and a lot of it of course will depend on how long this trial goes on. what happened today is that the proceedings began, there was some petitions filed by both sides then the court was adjourned, at least for the hosni mubarak trial, the court was adjourned until august 15. at that stage it's going to continue. it will probably be adjourned after that again. so this could drag on for months
and no one's really sure whether or not hosni mubarak is indeed going to survive that period of time. his health has always been something of a state secret so it's unclear how bad a state he's actually in. there's talk about cancer, there's talk about him going into a coma, it's not clear how long this man is going to be able to stay alive. three great stories, but only one can air. we're giving you a chance to choose the news. so here are your choices, first, the anti-hackers, computer geeks at uc santa barbara are trying to find the holes in online security systems before the hackers do. second, the global economy isn't without irony, meet the man who's making chop sticks in the united states and selling them to china. or third, ten young survivors of the haiti earthquake get a vip tour of yankee stadium. you can vote by texting 223360.
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[ male announcer ] if you can't afford your medication, astrazeneca may be able to help. how will the debt deal affect your finances and a fascinating new account about what went on the day navy s.e.a.l.s shot osama bin laden. and the government is getting tough on illegal parking. the 11th hour agreement to avoid a government default is a done deal but figuring out what it means is quite another story. today we're taking an in-depth look about how the debt deal could affect the stock market, unemployment, small businesses and hospitals. right now the focus is on your money. joining us right now is clyde anderson. give us your first take on this
debt deal in a nutshell. >> it's bought us a little bit of time to get through, so we don't lose our aaa rating right now. but we kind of started paying on it. it's like paying the minimum on a credit card. but we have got to come up with something different that's going to really make a dent, but we don't have the money, so that's the issue. >> this deal made sure we didn't go into default as a station. so we have got to fix all the problems. >> you can't fix all the problems immediately. we have got big problems that we have to address. but it is something that fixes it right now. it's a temporary solution. >> let's talk about what we should be doing, just regular folks, what do we do? how do we start thinking and planning? do we need to focus primarily on kind of those long-term investments? you have to work on the here and now? >> we have really got to look at where we have come from. we haven't been in this kind of situation in a long time. when you look at the staples,
the things that last, i want to look at companies that still have their aaa rating, it's interesting that apple has more money or more cash reserves right now than the u.s. government. >> they're doing a lot right. >> they're doing a lot right, so we can learn from them. you want to look at companies like your johnson & johnson, the companies that have been there, invest in what you use, if you're using these products, you might want to invest in them as well. these are companies that have been around for a long time, they have stood the test of time. >> now what about gold? hot and cold. where are we now, is it hot or cold? >> gold always does well when there's uncertainty in the market. a lot of people saying well, we're fixed. this again is a temporary solution. gold is great, we're still at 1,600 an ounce for gold. it's something you want to talk to your broker about and consider investing in some gold. >> real estate, sometimes people look at that as an investment.
prices are so low, is this one of those things? >> it's a great time to buy real estate. interest rates are low, and they're going to stay low for a little bit longer. if you're considering purchasing even a car or a home. america is on sale. land is at a great price. >> isn't there going to be a spike on new mortgages, new car loans? >> we have nowhere else to go but higher. so they're going to go higher, if you're talking right now to go in and invest in some real estate, this is the time to do it and lock in. >> thank you so much, love the free money advise. >> of course we'll have more on our in-depth look at the debt deal and it's impact the next hour, a look at how it could affect unemployment and the job markets. and they got a debt deal through, but congress went on summer break without taking care of another very important order of business. extending funding for the federal aviation administration. like the debt debate, the holdup
comes down to a bitter stalemate between democrats and republicans. how does this affect you? tens of thousands of jobs are already at take. 4,000 faa workers are on furlough. about 70,000 airport construction workers are also being sidelined. it's also affecting the federal government that's expected to lose $1.2 billion in revenues until congress comes back from break. we spoke with faa administrator randy babbitt who said the situation is appalling. >> this isn't go on a day longer, much less six weeks longer. we're going to suffer a lot of long-term damage. we have billions of dollars in construction money that should be going out the door that's not. this is money that's available, it's simply we can't spend it. >> our ted rollins is live at
o'hare airport in chicago. ted, what does this stalemate mean for people where you are? >> reporter: well, these construction jobs, fredericka, there's 200 projects across the country, a couple of them here at o'hare that have been completely stopped while this impasse continues and while congress is out on their august break. so you're talking about not only hundreds of millions of dollars that aren't being spent and being put into local economies around the country, but you're talking about real problems from people who have lost their jobs, not only the faa workers but these 70,000-plus construction workers who are not going to work and are not getting paid. what we should point out for people who are planning to travel, you see the security line behind me here at o'hare airport, this is not affected and safety is not affected, according to the faa, the people
in the air traffic control towers are maid from a different pool of money. so if you're traveling, you don't have to worry about delays or anything else. >> all right, a lot of people watching, you know, ted, want to know if this situation could affect the safety on their flights as well. what are you hearing? >> like i said, there's no problem right now with the faa, they say that don't worry about it. if you're traveling and if you're planning a trip right now, don't be concerned because the faa has been destabilized through this funding nightmare that you're going to be unsafe somehow, they have in fact, some of their essential employees, folks that go out and look at airports and look at the run ways and the control towers, those folks are working without getting paid in the interim here because they are considered essential. the nonessential employees are staying home, though, but the bottom line is, don't be fearful if you're traveling, it's absolutely safe. >> ted rollins, thanks so much
from o'hare in chicago. meantime we want to show you this live shot out of washington, d.c. where the department of justice will be holding a press conference momentarily to make an announcement about a big dent being made in a global child pornography ring, aimportappare people have been charged and 52 of those persons have actually been arrested in connection with this child pornography ring bust. of course when this press conference happens, when we get more information, we'll bring that to you right away. right now we're going to take a short break and then back in the newsroom after this. [ female announcer ] investing for yourself is a necessity. i find investments with e-trade's top 5 lists and use pre-defined screeners to work smarter. not harder. i depend on myself to take charge of my financial future. [ bell dinging ]
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straight to washington now, attorney general eric holder on that child pornography ring bust. let's listen. >> customs enforcement, my good friend john morton. we are here to announce the results to date, and i emphasize to date, of operation deleggo. a critical investigation that was launched in 2009.
this operation targeted hundreds of individuals in countries around the world for their allege ed participation in drea board, a private members only, online bulletin board that was created and operated to promote pedophilia and to encourage the sexual abuse of very young children. utilizing sophisticated techniques to avoid law enforcement detection, the board members traded graphic videos of adults molesting young children, often violently and created a massive private library of images of child sexual abuse. the rules of dream board were clear, and they encouraged and incentivized the creation of child pornography. according to our indictments, in order to become part of the dream board community, prospective members were required to upload pornography portraying children under 12 years of age or younger. once given access, participants
had to continually upload pictures of child sexual abuse to maintain membership. the more content they provided the more they were allowed access. some of the children featured in these images and videos were just infants. and in many cases, the children being victimized were in obvious and also intentional pain. even in distress and crying, just as the rules for one area of the bulletin board mandated. they hood ad to be in distress trying. they were unite bid a disturbing belief that the sexual abuse of children was proper conduct that should not be criminalized and some even referred to their own creation, dissemination and collection of child pornography
as a hobby. to put it simply, we have charged that these individuals share a dream, to create the preimminent online community for the promotions of child sexual exploitation, but for the children they victimized this was nothing short of a nightmare. needless to say in the justice department's work to combat child exploitation and abuse, the conduct alleged in the indictments unsealed today is unconscionab unconscionable. but as a result of operation deleggo, i am pleased to announce that 72 defendants have been charged. as of this morning, 52 of them have been arrested and we are working with our partners and international counterparts to identify and apprehend the defendant who is remain at large. operation deleggo represents the largest prosecution in history of individuals who participated in an online child exploitation enterprise conceived and operated for the soul purpose of promoting child sexual abuse,
disseminating child pornography and evading law enforcement, already over 13 of those charged have pled not guilty, and four individuals have received sentences of 20 to 30 years in prison. this successful operation marks another step forward in our work to protect children across and beyond our country. not only does it build on the process that has been made through the department's project safe childhood initiative and the results that we achieved through operation nest egg and operation joint hammer in disrupting child pornography trafficking, it also reflects the fact that one year after the department unveiled a national strategy for child exploitation prevention is now bringing criminals who exploit our kids is even stronger. and efforts in this area have never been more progressive, more collaborative or effective. with this latest operation, we are calling on the public to be
vigilant in protecting our children and in reporting criminal activity and because dream board members have been arrested on five continents, in 14 different countries, i believe we're also sending a strong message to those who are willing to harm and to exploit children and who attempt to hide their activities from law enforcement. we will find you, we will stop you and we will bring you to justice. our nation's fight to protect the rights, interests and the safety of our children goes on and it will continue to be a top priority. i want to thank everyone involved in this operation for the great work as well as for their continuing efforts. >> attorney general eric holder there in washington, d.c. calling these acts nothing short of a nightmare, talking about the bust of a pornography ring including people who are sboesed interested in pedophilia and they have charged 72 people and
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one businessman here in the u.s. is getting in on the action, or text 3 for ten young survivors of the haiti quake getting a surprise tour of yankee stadium, the winning story airs next hour. okay, so while the country tries to figure out how to pay its bills, you may be having the same problem. if your debt turns into a crisis and you stop paying your wages could be garnished, so allison kosik joins us with some tips on keeping your debt under control. allison? >> many people may not realize it, but if you've got unpaid debt, car loans, home loans or medical bills and you have let them go for an extended period. creditors may actually be able to take mapart of your paycheck. first, creditors can only garnish your wages if they have gotten a court order to do so in most cases, its usually a last resort by credit corps so if you
have been ignoring your calls for a long time. they could pursue garnishment. >> you also say garnishment can impact your job, obviously your spouse as well. give me details on that. >> exactly, but keep in mind, a garnishment doesn't happen overnight and cox session you'll have enough notice that exactly. a garr inment does not happen overnight. your employer will become aware of your situation. if you don't have a job, cox says in most circumstances, unemployment benefits are exsem pt from garr issuement. keep in mind, every situation is different so the advice is contact an attorney or get legal advice for your situation. >> thank you so much.
you have been sounding off on the "talk back" question. do we expect too much of our political leaders. carol costello has your responses. something tells me you got an ear full. >> actually, very measured responses. i am voting for president obama, he says. why not. i want to give president obama the same amount of years that president bush was created to
create it. >> the president doesn't respect the country or anybody that is a true citizen. he has got to go while we have something left to rebuild upon. this from nick, and we have capitalism which means there is not much the president can do to control the market. if he doesn't do anything, they say he is letting the country fail and if he does something, they say it's socialism. we expect far too little from them, and we get exactly that. and it's not even on the table as a negotiating point because of vocal extremist minority faktion of the jop won't support it? oh, yeah, i feel so warm and fuzzy over that one. keep them coming. facebook.com/carol cnn.
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temperatures were about 80 degrees this morning on the practice field there outside of philadelphia. but he has been taken to a hospital, so again, philadelphia eagles player, mike patterson collapsing from a seizure and has been taken to a nearby hospital, this according to the philadelphia eagles. we will continue to follow this story and update you as the information becomes available. three months after bin laden was killed, there is reported riveting new details about the raid. >> reporter: less than 18 minutes into the 38-minute raid came the crucial minutes. he killed his courier, and the kerr courier's brother and birnl's son. as the s.e.a.l.s reached the third floor and one turns to the right. >> he sees a tall individual
poke his head out of the door. le s.e.a.l. instantly sensed that was bin laden. and there are new details of the bin laden raid. he basis his reporting on conversations with special officers that had intimate details of the raid. the s.e.a.l.'s identities are not identified. the first s.e.a.l. that went into the room had to act in a split second. >> she is yelling hysterically and begins to approach the first s.e.a.l. the concern is they are wearing suicide vests, and he shoots her in the calf to disable them.
>> he holds them there. why? >> because if they blow up, he soaks up the blast and the mission could go on with the mission. >> he knows he will die? >> yes. >> and he trained an infrared laser at bin laden's chest? >> is there anything said? >> no, i asked and there was not. it was all a split second. he flits bin laden once in the chest and then once above the left eye, and he steps up, he said for god and country, geronimo, geronimo, geronimo. >> reporter: at that moment, president obama said to nobody in particular, we got him. he says a few days later when the president met with the
testimony in kentucky, he spoke with the s.e.a.l.s and thanksed them, but never asked which s.e.a.l. fired the kill shot, and the s.e.a.l.s never offered that information. top of the hour. i am fredricka whitfield. let's get you up to speed. mubarak will return to court in 12 days. he faces the death penalty if convicted of conspiring to kill protesters. he was wheeled into a courtroom and put in a cage. many egyptians said he looked well. >> i have to wonder what kind of strings he is trying to pull today. his hair is black and he is 83 years old, and how sick is this
ma man? and then this. the crisis in syria. it's worsening. a resident that fled hamas says corpses left on the ground as tanks roll in. people are running out of food and being cut off from communications. council members plan to meet for a third day to discuss the crisis. almost 2,000 people have been killed since the up rising began in march. bomb squad officers in australia secured the 18-year-old girl who was attached to a suspicious device. police are examining the device as they describe as a elaborate and sophisticated one. >> stocks fell sharply before regaining some ground but are still in negative territory.
investors are worried about disappointing economic reports. the dow is down for the ninth day in a row. in washington, the juonline operation known as dream board involved pictures and videos of adult sexually assaulting children 12 and under. right now 72 people have been charged and 52 arrest. parts of the northern caribbean are bracing for possible floods and mudslides from tropical storm emily. emily is heading towards haiti and the dominican republic. it's expected to dump up to 10 inches of rain. by tomorrow, forecasters expect emily to be hitting the bahamas, and by the weekend it could be skirting florida's east coast.
in england, a very tough police officer was quite a story to tell. check this out. the officer sets up a roadblock to catch a car thief. just after he gets out of his vehicle, a stolen car slams into his and tosses him in the air, and he gets up and chases the suspect and eventually brings down the suspect with a taser. >> i can't believe how lucky i am. when i watch somebody watching the video, yeah, you can't understand how anybody can walk away from it, let alone run. the last-minute compromise on the debt deal kept the country from defaulting on its debts, but there is still a lot of concern of what it means for the weak economy. today we're taking an in depth look at how the market could
affect the stock market, and your finances and unemployment and small business and hospitals and you name it. will spending cuts mean more job cuts? sandra endo is in an unemployment office in hollywood. >> reporter: people here are wondering where are the jobs? people here are searching databases to find jobs. dave has been looking for a job. how frustrating and how difficult has it been for you? >> i have been looking for work for a couple months now, and i literally put in somewhere in the range of 75 resumes and have not gotten a single call back. >> this must be frustrating, the news out of washington with the debt deal and cutting back on spending for programs. do you think it will make it hard four? >> i am certain, yes.
>> and that's what we are you hearing from a lot of people out here. let's talk to steve who runs this place. you have been following the news in washington. what do you think the debt deal will do for the workplace and for people out there looking for a job? >> well, i think at present it creates uncertainty for workers and employers. people don't know whether they will be able to hire people. >> certainly, the news 69 cutbacks and spending certain programs as well. we have seen so many people come here looking for a job. what do you say to them? >> i say while it's a difficult even environment, we certainly -- what they can do is access a center such as ours. there are 18 operated within the city of los angeles, and 13 within the county of los angeles so definitely try to access the centers -- >> go to a local job center.
what else would you say are good tips for people looking for a job? >> also, identify in demand occupations and train for the occupations, and also to get a leg up within the industry that they are interested in, they might consider unpaid intern ships or paid work experience as well. we offer those types of programs here, too. >> what are some of the in demand industries that people should be focusing on right now? >> two of the ones that i think of off hand are one in the health care industry, which is bur juning right now, and there is a big demand for various types of occupations within the industries, and the other is solar technology. we do offer programs in those industries as well. the other one is information technology, and there are programs, so if you have the appropriate training. >> thank you for the helpful tips. there are a lot of people looking out here for a job and the jocks report is coming out
on friday. so far there is no predictions that that is going to look pretty or have optimism in it, and so people here clearly bracing for the worst. >> thank you so much, sandra endo, appreciate that. we will have more at the debt deal and its impact later this hour. we will talk with a small business owner about what it means for him and his company. here is your chance to "talk back" on one of the stories of the day. do we expect too much of the political leaders. carol costello joins us from new york with more, because they gave you lots to talk about. >> they certainly did. well, the pundits argue over who won debtzilla. obama's approval rating is at 45%, and in the swing state of
pennsylvania, things have sure changed since 2008 when president obama got 55% of the vote. according to a poll, 52% of pennsylvanians say president obama does not deserve to be re-elected. this is so unusual, past presidents had great swings in the polls and managed a second term, and mr. obama knew the road would be rocky on election night. >> the road ahead will be long. our climb will be steep. we may not get there in one year or even in one term, but america i have never been more hopeful that i am tonight that we will get there.
>> but are we willing to keep on climbing, with high unemployment, patience seem small. mike huckabee says the atmosphere seems toxic. >> many pe pull in my party are unrealistic, and what they want is something that nobody can deliver. that's a candidate that is going to solve every problem in an election cycle. >> so the "talk back" question today, do we expect too much of our political leaders? facebook.com/carolcnn. i will read some of your responses later this hour. >> we look forward to that. thank you so much. here is a rundown of some of the stories we're covering over the next hour. first, from powerful leader to laying inside a cage in a hospital gurney. bizarre details from the trial of egypt's former president.
another silence of the lamz kind of scene. this from a u.s. courtroom. and then they say the eyes are the windows to the soul. now, they are being scanned to catch a criminal. >> reporter: like a fingerprint, but with 235 specific identifying marks in each eye, apparently quicker and more accurate. a football star tells the word that he has borderline personality disorder. we will tell you what the symptoms are. more record temperatures forcing americans indoors. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people
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three great stories, but only one can air. we are giving you a chance to choose the news. first, the anti-hackers, computer geeks are trying to find the holes in online systems before the hackers do. second, global economy not without irony, and meet the guy maging chopsticks in the u.s. and selling them to china. and then victims of the haiti quake get a vip tour. "1" for the hackers, and "2" for import irony, and "3" for the yankee stadium tour. and quite the spectacle. mubarak was wheeled into court on a gurney and then put in a
cage. his sons now codefendants accompanied their father inside the metal cage. they were all wearing white prison uniforms. and we are joined now from cairo, so fred, what do people make of what they saw today? >> reporter: well, they were absolutely shocked by what they saw. not what people saw inside the courtroom but what people saw around egypt. you had the lawyers, loft them who pretty much in their careers saw everything, but nothing like this. a lot of them did not believe that mubarak was going to show up until he did. one of the things you could see is that these people had known this man in such a different way for such an extended period of time, for 30 years he ruled the country with an iron fist. and so seeing him in a weak and frail state, and laying on the
bed often sort of holding his head in his hands, and having people having to speak to him, comfort him along the way, that is certainly something that nobody in their wildest dreams had ever imagined. they would see mubarak, again, is somebody that was always seen as a very, very strong person, and even in his old age, 83 years old right now, and his doctors say he is suffering from cancer, and he often falls into com comas, however nobody has seen him in that state since he lost power on february 11th of this year. it was a major shock to not only egyptians but people around the world. >> are people convinced he is, indeed, frail, or are there people who believe this is part of an act? >> reporter: i don't think most people are convinced it's part of an act. most people that i spoke to don't think that this is an act, that he is in a very, very bad
state. there are people asking for his death sentence for his alleged involvement in killing protesters during the up rising that started here on january 25th, and that of course in effect led to him being ousted from power more than 800 people were killed in that, and even these people say that he was in a weak state, and somebody who they say is, quote, on his way out. it doesn't appear as though many people who believes it's an account. and mubarak was said to have been too weak to stand trial. >> thank you so much. back to the u.s. now for stories cnn affiliates are covering across country. first stop -- >> they are trying to kill me! >> a man being sentenced for
pointing a gun at a police officer was so disruptive, court officials tied him to a chair and put a motorcycle helmet on his head to mufle his screaming, and they say it was for his own safety. and then a recycling plant destroyed. the blaze raged for hours. no one was injured. in new york, it's a nice change from having a pigeon on your windowsill. a peacock went awol yesterday from a zoo in central park -- yes, that's a peacock camped out, and then flew back home this morning. twitter users set up two accounts for the bird. >> i was on my way, and saw everything everybody looking up and sure enough there was a peacock up there. it's one of those things you don't see very often.
eye scan something a tool cops of the future use in science fiction thrillers like "minority report." look at me. positive for howard marks. >> this is not going to be in the movie i will tell you about. hundreds of sheriff departments and correctional facilities are using eye scanners right now. >> reporter: at the plymouth county correctional facility, the home of the current crime box whitey bulger, you will be surprised at what they will try to do. >> how many try to hide their identity coming into the system? >> there has been quite a few. >> reporter: like the felon that gave his phoney name and lied about a prominent tattoo says the supervisor.
>> we had the rights. >> look into the camera. an iris scan. like a fingerprint but with 235 specific identifying marks in each eye, apparently quicker and more accurate. >> if his eyes match up to anybody, it will pop up. >> reporter: shawn mullen showing us how it works is the pedestrian of the intelligence company from behind the scan. >> hold it four or five inches to the eye. >> no danger to the eye? >> no. just a photograph. >> reporter: this handheld device could be used anywhere. it can instantly run i.d.
checks. my result? what does it say? no match found. that's the idea. he says my eyeris scan is erased. it could be used as a surveillance tool or in places like arizona as a way to enforce disputed immigration policies, and they said that's unlikely given how close you have to be to nap a photo. and they could be used to verify the person getting out -- >> that photo is taken on the way in and matched up on the way out.
a day after the president inks a debt deal, we continue to watch the markets, and the market is down 131 points or so. this is the ninth session with such dismal numbers. we will keep a close watch on the markets for you. much more in the news room after this. plus it supports heart health. [ bat cracks ] that's a hit. one a day men's. [ male announcer ] this is our beach. ♪ this is our pool. ♪ our fireworks. ♪ and our slip and slide. you have your idea of summer fun, and we have ours. now during the summer event get an exceptionally engineered mercedes-benz for an exceptional price. but hurry, this offer ends august 31st. the possibilities are dless. inin..
problems in the economy. taking a look at the numbers now, we are is the some of the session lows. the nasdaq off 16. and there are worries of a u.s. downgrade. moody's said we could keep the stellar rating at this point, but we are going to hold the feet to the fire and keep an eye on the u.s. this is making investors nervous, because some are thinking that a credit downgrade is inevitable possibly from standard & poor's. we keep getting the lousy data, gdp numbers and manufacturing and consumer spending and then today the u.s. sector showed slowing. and that's why you continually see stocks tanking. fredricka? >> thank you, alison. i know you will keep us posted
throughout the afternoon and we appreciate it. a miami dolphin football player is going public with his mental illness. brandon marshall says he is diagnosed with bpd. they have quick, dramatic mood swings. but it's not to be confused with bipolar disorder. people will confuse these two, won't they? >> yeah, it's easy to confuse them. bipolar means they are way up and then way down, and you are elated and then depressed, and this is different, borderline personality disorder is always down, you have little spurts of these emotion. bipolar can you be up for months and then down for months and this disease it could be a matter of hours or a day, and these people are volatile or impulsive and at a high risk of hurting others or themselves. >> lots of layers to this
depression. what is the best way to address these needs? >> the treatment for this is figuring out that you have it, and apparently mr. marshall says it took a while to the get to the diagnosis, and then it's a lot of therapy. it's not like seeing a psychiatrist and then being told to come back next months, it's very intensive. and sometimes folks take drugs, anti-anxiety drug and therapy is the main line treatment. >> is this common? >> relatively common. >> it's about 2% of the daults. when you do the math, it's quite a few people. you don't hear about it, but it's a serious disorder that affects a lot of people. >> courageous of him to come out. that helps to remove the sigma from a lot of mental illnesses where i can now put a face on or hear more about the symptoms or various types of treatment.
>> yeah, whenever everybody well known or famous, they come out and give information, and then people feel like they can talk about it. let's take a listen. >> i have a dream home. my house is beautiful. my wife did a great job putting our house together and finding the right house for us. we have two nice cars. we have three beautiful dogs. but with all that said, i haven't enjoyed not one part of it. >> so just through that anger or depression he could not feel the life he was living. he got treatment outside in boston and took part in a documentary that was made about borderline personality disorder. >> that is brave. >> yeah, very brave.
>> that will help people to identify some of the things they are feeling. >> imagine, you have these outbursts and people might look at you and think you're a hot head. >> you may be a hot head, but it may because you have a disorder. there is treatment, but you have to identify it, and then find somebody that knows how to treat it. >> thank you and we appreciate it. just what the economy does not need right now, more job losses. we will go live to new york with details on major cuts last month. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently.
"columbia." >> only in new york, a star is born at a construction site. we will play more from this frank sinatra sound alike. bad news on the employment front. 66,000 job cuts announced last month according to a top out placement consulting firm. if you are keeping count, that's a 60% increase from the month before. i want to bring in our poppy harlow who is in new york. why all these layoffs? >> it's a very good question. this is such a surge. and it also comes at a time when the market is down steeply, over 100 points right now. down for eight straight days. two main reasons for this. a lack of demand, people not comfortable spending money right now, and second is the uncertain environment, and health care and
wall street reform, and companies are holding back to see the impact. we had a chance to talk to john challenger. he issues this report every month about what he thinks is driving the situation and just how severe it is when you look at the huge increase and announce job cuts. take a listen. >> one picture is we're in this rocky recovery, or one of the in trenchments. all of the government stimulus, and both fiscal and monetary now is at risk, and maybe there is not going to be enough consumer and business spending to keep the economy afloat. >> fredricka -- go ahead. >> you go ahead. >> i was just going to say, what you can hear is how much risk there is out there. i can show you some of the companies so you can see what is happening. we have them on the site, job killing companies, major
layoffs. borders, over 10,000 layoffs coming because they are closing their 399 remaining storms, and goldman sachs cutting positions to save $1.2 billion, and cisco, a huge technology company announcing they will lay off 6500 people. this is across the board, not just one sector or one area. this is across the board. >> all right. very frightening scenario for a whole lot of folks. appreciate that, poppy harlow. the debt deal is done, so now what? we are looking at at look the at what the deal could mean for the stock market. our focus is on small businesses. bill snap is ceo of solar flex tech faulg. his company designs and maintains solar systems for businesses, the government and the military. when you were here last week you
described how the debt ceiling deal might impact your business, and now there is a debt deal that has been signed and about to be delivered. what are you looking at in terms of your business plan? how will it impact you? >> as we mentioned last week, the work that we have -- that we currently have under contract, that has been budgeted and allocated, and the familiar tur for us six months out in our government contracts, we don't know what is going to happen. but clearly, there is across the board cuts and defense gets an unduly charge share, that will impact us. >> how much of your business relies on the u.s. military? >> it shifted. in the last two years it has become a great deal of business for us because the united states military is the number one consumer of solar power right now, and the number one purchaser, and the mandate we discussed last week by 2025 the u.s. military wants to have 25%
renewable energy in all of their bases across the world. and that's quite a high order, you know, a tall order. >> do you feel you are at a standstill, and it's difficult to think long term in terms of a business plan, whether it pertain to hiring people or pay raises, all of that? >> certainty for business is huge, because it helps us plan. when there is uncertainty in the marketplace, it makes it twice as hard. for hiring people, we have seen all this news today about all of these terrible layoffs foreperson nel. well, for us, we want to hire people and small businesses, they want to hire personnel to grow their companies. >> what is keeping you from doing that? >> the challenge is several things. number one, banks don't loan money to small businesses right now. same thing with private investment. nobody -- they are keeping their money on the sidelines. that's a challenge.
you need credit in order to build your business. >> so when we heard about the discussions about income revenue, tax revenue, and whether it means taxing of the wealthy, and if they do that, small businesses will not be able to hire. is that true for you? >> that would be true for us. the thing in washington it sounds like is that there has not been a clear dichotomy between tax loopholes for more privileged industries and tax rates for the rank in file, especially in a small business. philosophically we agree, end the tax loopholes, that's great, but for small business don't increase the tax rate because that would strangle small business right now. >> all right. all the best. very tough looking far ahead, isn't it? you just go day-to-day? >> well, you know, first and
foremost, we are very enthused about the future, and it's difficult because we are in a sector where our country has a huge energy need. by 2040, the united states will consume 50% more energy than it is now and renewable energy will be a huge paefs that. >> so you know there is a need for your business? >> a long-term need, that's correct. >> thank you so much. >> thank you for having me back. >> appreciate it. all the best. we will have more of the look at the debt deal and the impact. a look this hour, how spending cuts could affect hospitals and health care. an unexpected find at a drought-parched lake in texas. debris from a tragic space shuttle mission. from generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote.
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running out of water. it's down to less than 1% of its supply. a fascinating discovery in one of the dried up texas lakes. part of the space shuttle "columbia" that broke up over the area in 2003. chad meyers is here to tell us about the discovery. >> have you seen the picture? >> no, i have not. >> it does it no justice at all. this is four feet across. it was the frozen hydrogen or oxygen, we don't know which one it is, that was part of the solar unit, the fuel cell that was in the shuttle. this was making power for the shuttle with oxygen and hydrogen making technology. this has been gone since 2003 under the water. let me just walk you over here real quick. this is what we know about what the shuttle -- what was left of the shuttle.
that's it. that's all they found. >> that's probably the biggest piece right there. >> there should be a shuttle right here. that's what the pieces should look like for the shuttle. we have small pieces here. that's the landing gear. the forward gear. that's a big piece. this was found because there was no water in texas. we will talk about that. the entire state under some type of drought. much of the state drier than it ever was even close to the dust bowl, and then you see temperatures across texas and oklahoma, and dallas, 110 degrees without a bit of rain. >> that is brutal. drink lots of water when in that kind of heat. >> if you have water. because they are down to 1%. >> yeah, i know. no tap. >> that's incredible. >> thank you so much. we appreciate it. the debt deal could mean major cuts for some hospitals.
more of the in depth look at the deal and it's impact in a live report. [ male announcer ] great tasting tap water can now come from any faucet anywhere. introducing the brita bottle with the filter inside. [ coughing continues ] [ gasping ] [ elevator bell dings, coughing continues ] [ female announcer ] congress can't ignore the facts: more air pollution means more childhood asthma attacks. [ coughing continues ] log on to lungusa.org and tell washington: don't weaken the clean air act. at exxon and mobil, we engineer smart gasoline
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hospitals. and now allen joins us from a hospital in new york that could be hit hard by the spending cuts. allen, what kind of an impact are we talking about? >> we're talking about potentially a very, very severe impact. i am at the medical center here in the bronx new york, and this facility depends upon medicare very deeply. 40% comes from treating medicare patients. as we know, medicare is potentially on the chopping block. we are here with the president and the ceo. steve, you have expressed deep concern to me just a few moments ago. tell us what you are thinking now that the bill has gone through congress and the president passed it? >> we have tremendous concern here in the bronx and across new york at all academic medical centers across the country. we here in the bronx, since the recession absorbed $100 million
worth of cuts for medicaid. >> that's in the past. now looking forward what could it mean for patient care here? >> if you allow me, looking forward, we're facing because of the affordable care act, another $70 million. what we're hearing in the discussions in washington, at the very least we could be facing of tens of millions of dollars of further cuts for medicare. 80% of the revenue is from medicare and medicaid. we take care of the most poor of the poor here in the bronx, and unemployment rates are high. people have huge health needs. >> not a wealthy neighborhood at all. a lot of people use your emergency room as their primary care doctor. they don't have insurance. they rely on the hospital. so if medicare is cut, and if medicaid is cut along with new york state cutting, because that's a state federal program. what happens to the hospital and what happens to patient care? >> the impact is always on the
patien patients. all of our revenues what we use to provide the care we provide. >> but ottom line, are we talki about the reduction in the care for americans? >> we will do everything that we can to make that quality sustain itself. but these kinds of cuts, for me when i look at it for this borough are going to be very challenging. >> a lot of concern for the entire medical community what this could mean down the road as congress gets to figuring out exactly which programs are on the chopping block. >> yeah, that's a big concern for everybody. thank you so much. allen churnoff in new york. the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood. i have a dream today!
you have been sounding off on our "talk back" question. do we expect too much of the political leaders. carol costello has all of your responses, last shot this hour. >> been interesting today, fredricka. this from joe. we do expect too much from our political leaders, especially the president. america assumes president obama can snap his fingers and fix the debt. unfairness in the law and the wars and any other problems that come up. unfortunately he or she in the coming years can't do that. this from bill, i expect him to care more about us and the country or their party or re-election. is that too much? maybe. and absolutely. obama made it more than transparent it would be a long difficult struggle.
he has only been in office one term. give congress and all of them a break. they always seem to narrowly avert anything from happening. and then this from lynn. you're kidding, right? backdoor deals, selling out the american people to big business and the bank cartel. please continue the conversation. as always, thank you for your comments. carol, you always need a light moment. who doesn't, right? especially in new york. >> yes, definitely. >> well, maybe you need to make it part of your day's plan to go and check this out. ♪ >> a little frankiness, right. he is a construction worker. you have heard about him, right?
>> no. >> what! get with the program. he is on 2nd avenue and spends his lunch housh singing where the new subway line is being built, so make it part of your day today. look at the guys groovin' in the background. >> wow. >> is that his only job on the construction site? >> no, no, that's the comic relief. >> i will go down to 2nd avenue and check it out. >> thank you so much and see you tomorrow. >> all right. >> i am fredricka whitfield, and i will see you tomorrow. randi kaye is coming up next. [ male announcer ] even in the most uncertain times,
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he said it's the only lens of its kind designed to realign naturally with every blink so now, i'm seeing more clearly. [ male announcer ] learn more at acuvue.com. you voted and we listened. here is your choose the news winner. computer geeks are trying to beat hackers to the bunch. >> reporter: they may be computer science professors but speak the language of soldiers, modern and mid evil. >> it's the holy gral of the unhackable computer. you need to make it more difficult to get exploited. >> the bad guys are winning and if i try to protect my castle, i have to cover every vulnerability. if you are the bad guy you have to find the one vulnerability
that i have not covered. >> it makes us work on the latest possible threat, that is very exciting. >> and challenging. you see the students trying to expose weaknesses in computers before criminals do. >> adam is working on a system to find vulnerabilities on web sites. >> you are trying to make them bad guys. >> would you hire a locksmith that doesn't know how locks are picked? you wouldn't. >> reporter: they are used by criminals, and designed to steal your credit card or takeover a computer network. >> the attack is significantly shifted when you look at the hackers ten years ago, and now the attackers are in for profit, and it means they are much