of medicare. in january 2011, cms awarded a contract to identify payment and recruit payment in medicare part d. now, that program wasn't paid for. unlike the health care alliance, which we just passed. so that means the taxpayers have been really paying through the you know what for this one for errors. but is your testimony that it has taken us that long to develop basis then for doing the very same thing you are doing with the rest of medicare? >> i think my testimony on that was late in the error rate program, you want to make sure you are getting it right because again it is partnership with the provider. >> i commend you. this is the administration that is not just been here for a couple of years. i am not sure if in prayer hearings there were reports on progress to measure medicare part d in the same way we measure other parts of medicare. have there been quite as the congressmen kept informed or has this just popped to because we have been working on it and the ability to report it to the

medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor. and i don't need a referral to see a specialist. call now to get a free information kit. plus you'll get this free guide to understanding medicare. and the advantages don't end there. choo

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> my father made a comme commentabout his long-lost brother, my uncle eddy, and said that he thought he was still alive but hiding from the fbi, and i questioned why he would be hiding, and he said, don't you remember? he hijacked that airplane. >> that, marla cooper, speaking on her uncle. a man she believes to be d.b. cooper who famously hijacked a plane in 1971, parachuted out of it with a couple hundred grand in tow. the only successful hijacking in u.s. history. with that said it does not mean it's the fbi's most interesting story from j. edgar hoover to swatching russian spies, all in our next guest's book "the secrets of the fbi." joining us, ronald kessler. if d.b. coop sir not the most compelling story, is there clearly another that is that story? >> the most astonishing thing in the book is, how the fbi breaks into homes and offices apds even embassies to plan

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> at the end of one of the world's worst days in history. we bring in now two men who can exchange the big picture. the ceo of the investment management firm. let me start with you. i've spoken to you regularly in the last few weeks. all the gloomy forecasts you made appear to be coming true. how bad is this situation? put a proper perspective on this for me. >> it's bad, piers. since i'm from california, let me give you the example of a mound of sand and how a few grains of sand can totally shape the mound. why? it is structurally weak. our economy is structurally weak. we a problem in the housing sector, in the labor markets, the banks and the public finances. over the last few week we have put a few grains of sand that have completely changed the mound. they were first a series of weak numbers. second, a debacle in washington that raised questions about our policy ma

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> dave ramsey is the host of "the dave ramsey show" and the man millions of americans turn to for sound financial advice in turbulent times like this. dave, thank you for joining me again. there's a big tendency when this kind of crisis unfolds for many americans to say i don't trust anybody here, i'm taking my cash out of the bank and putting it under my mattress and taking my money out of my 401(k)s. is this sensible or is that equally crazy? >> it's just emotional which makes it crazy. it doesn't get you where you want to go. if you're dealing with a typical american and they've got money in the stock market and they are watching these crazy rides. we've had this roller coaster ride in the last while, it scares the crap out of you. it does me with my 401(k). then i have to step back and say the fear is based on the short-term. and the only way you should ever be inve

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> european markets closed down between 4 and 5.5% yesterday. that's where they stand at the moment more than an hour in the day's trade. it's another tough day across europe. welcome back from cnn in london. you're watching "world business today." >>> sources tell cnn the u.s. government has launched an investigation into the ratings agency standard & poor's. that is, of course, the agency that downgraded the u.s. credit rating earlier in the month. the government wants to know why s&p and also moody's overlooked the risk of mortgage-backed securities that brought the u.s. economy to its knees. alan chernoff explains. >> reporter: standard & poor's and moodies are under investigation regarding mortgage securities that went sour. attorneys from the department of justice and the securities and exchange commission have been digging into the rating agency's methodology. in

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >> and the debt deal is taking an important step forward debating a rule on the house of representatives floor to get it a citizen closer to a vote. it w

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> chalt chaplains of all faith are doing god's work under fire. >> reporter: it's tough. taking pastors from pulpits and students afrom seminaries. >> you're moving too slow. you're not communicating properly. >> reporter: to the point where they can run with real soldiers. >> this sort of stuff, these big booms that are the main difference. you really don't have those going off at a seminary. >> reporter: audrey is a second lieutenant, one of 200 candidates training at ft. jacks jackson. this is boot camp for chaplains. >> those are the safest place for you to be. >> reporter: here clergy of all faiths learn to survive in combat. actually not just survive. to minister in the midst of chaos. chaplains don't shoot, but they have to learn how to move

of medicare. thursday, we will look at the cost of medicare and how to bring them down which is the subject in a piece this morning in "the new york times." "cut medicare, help patients." they go on mentioned procedures where there are areas where this new super committee should look up and those are topics they can bring up on thursday. next in colorado, an independent college. go ahead. caller: i just want to propose a solution to medicare and social security. i call it word, an acronym for "work, retire, and die." have 10 years of political benefits plus a living allowance, like social security. but pays for anything, mayo clinic and a stanford medical center, you want it, you got it. then i near 75th birthday, you lose all government benefits. i do not think we can afford to keep everyone alive until their 100. it is a noble goal, but it will bankrupt us. host: marsha gold? guest: that is a question of philosophy more than a fact. there are quite a few people who would disagree with you. there

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >> we need to address sexuality with young people and masturbation is part of sexuality but it is important to discuss this from a moral point of view. the bible says that lust in your heart is committing adultery so you can't masturbate without lust. the reason you don't tell them masturbation is the answer to aids and all these other problems that come with sex outside of marriage is because again it's not addressing the issue. >> that was from the mtv special "sex in the '90s." i'm about to ask you a question i don't ask most of my guests. do you think masturbation is wrong? >> let's not even go there. >> why? you went there. >> again, i address it in the book. at that time in my life my goal was to reach out to young people and there was a show "sex in the '90s" on mtv that tauted the philosophy that anything goes. there's no doubt i don't think anyone would disagree

why pay that into medicare, and that would make medicare sol vent. with regard to the drug plan, i did not join because the one medication i was on, the co-pay was more than i paid for the drug. would you please comment on that? >> host: thank you. >> guest: well, i think the point about payments 20 physicians -- to physicians and they reluctant to take medicare is the other side. medicare pays physicians about 80% of commercial rates, but with this sustainable growth rate issue that you mentioned earlier, that's beginning to decline by about a percent or two a year, so if we're at 80, it goes to 75 and then maybe to 70, and then, of course, physicians do have the choice of accepting new patients. the studies seem to indicate today that certainly nationwide it's not a major problem, but that is the sort of other side of why can't medicare payments be reduced, that if they are reduced too much below again what blue cross and others, providers may not be willing to see medicare patients who are elderly and need a lot of care. >> host: john from virgini

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> there's this gun fire is becoming completely out of control with the gunfire, because people are just going off. so much ammunition they have taken from the gadhafi regime. they feel like they can waste it now. feel like he is completely -- [ gunfire ] >> extraordinary footage there of moammar gadhafi's compound falling to libyan rebels. how will a post-gadhafi libya take shape? we are joined by a republican candidate for governor of montana and an author. this situation moving very fast by the hour, remarkable pictures there of the compound being seized. obviously, he's not there. what will happen now? what is the end game for gadhafi personally? >> i think we talked about this yesterday. he's not the kind of guy who after 40 years will just simply hand himself over for a trial. i think that he would much rather see this go down with his so-called martyrdom than with

he is nostalgic for an america before medicare. an america without medicare. "the tulsa world" continuing, coburn agreed that some people receive poor care or no care before medicare was enacted in the 1960s, but he said, communities worked together to make sure most people received needed medical attention. he also conceded that doctors and hospitals often went unpaid for their efforts or accepted baked goods or chickens. in partial payment. chickens for checkups. it's back. unbelievably, it's back. chickens, specifically. it couldn't be some other kind of livestock. baked goods helps, but not a lot. it's still chickens for checkups. then weirdly, just to complete the sharron angle arc of this whole thing, tom coburn then described to his constituents his frustrations with the united states senate. coburn described his colleagues as, quote, a class of career elitists and cowards. and at one point, talking about his frustrations, the senator said, quote, it's just a good thing i can't pack a gun on the senate floor. the implication being, because then he might

and medicare advantage. those are people with genuine concerns and they are asking real questions. it's also true were there are people trailing after looking forgot cha moments. but i -- looking forgotcha moments. and i don't think this was one of them. martha: it's okay with everybody until it starts to affect them. >> republicans are going to have to stand their ground, make their case for what they believe the overall principle for what they believe. but it's difficult in situations where you are being confronted by someone who is very angry, and not -- anger isn't a bad thing. they are eve motional because it's affecting them personally. there will be a lot of fear among the electorate about how are these things going to affect me down the road. sow i think honestly mitt romney did the best he could. but every candidate including president obama is going to have to really step up their game, think on their feet, and figure out how to deal with these situations. martha: i want to squeeze in one more quic

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> before we go tonight i want to take a moment to pay tribute to an amazing woman who less than seven months ago, congresswoman gabby giffords was the victim of a assassination attempt. tonight, she was on the floor of the house amidst the ugliest debate's in washington's history. they suspect no there will forget. i know that i won't. >>> hi. i'm zain verjee at cnn in london. here are the top stories this hour. the u.s. senate is set to vote on a bipartisan bill to end the debt crisis. they approved the measure e on monday. it calls for $2.4 trillion in spending cuts over the next ten years and the debt ceiling will be raised by nearly the same amount. full coverage just ahead on "world business today." >>> congresswoman gabby giffords got a standing ovation when she returned to the u.s. house. this was her first house since she was shot in the head in january. she had

i send that to medicare and that would make medicare solvent. with regard to the drug plan, i did not join, because the one medication i was on, the copay was more than what i was paying for the drug. would you please comment on that? guest: i think the point about payments to physicians and physicians being reluctant to take medicare is the other side. again, we now the studies indicate that medicare pays physicians about 80% of commercial rates, but with this sustainable growth rate issue that you mentioned earlier, that is going to decline by about a percent or two per year. if you are 80, it goes to 75, and then to 70. of course, that physicians do have the choice of accepting new patients. the studies seem to indicate today that certainly nationwide, it is not a major problem. but that is the sort of other side of why can't medicare payments be reduced? if they are reduced to much, below, again, what united and blue cross and employer plans are paying, providers may not be willing to see medicare patients who are elderly and need a lot of c

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. man on tv: ...rbis and 36 homers. swings at the first pitch and fouls it deep back into the stands. [ding] [fans whirring] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. check your steps at foodsafety.gov. >>> in tripoli tonight, rebels say it's a matter of time until the dictator is caught. senior international correspondent, nic robertson. who is the latest over there now? >> reporter: well, it seems the rebels were working on rumors rather than fact, places they thought they had gadhafi surrounded, turned out not to be that. chasing shadows is what the rests have achieved in the city today. as far as they know, they certainly haven't found gadhafi. and don't have any stronger leads than the ones they've been working on, piers. >> gadhafi has been planning a potential escape for a very long time. he's be

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> republican leadership in the house was so proud of itself today for reaching a deal on the debt ceiling, it's planning to give itself the rest of the summer off. reportedly cantor's office announced the house will adjourn tonight and not return until after labor day. see you dudes in september. this leaves a whole lot of stuff unfinished, including reauthorization of the federal aviation administration. you know, the guys in charge of overseeing the safety of all those planes wizzing about overhead thousands of feet in the air carrying our loved ones. nbc news is reporting the same republicans just rejected both a democratic proposal to make huge cuts in that service and a clean extension of faa authority. so the partial shutdown of the faa, now in its tenth day will last at least 45 days or more. now, remember that all of this is happening in the middle of a deficit

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> president obama in a solemn moment today with the returns of 30 american troops who returned from afghanistan. a tough time all around. two men who have seen the white house up close. dan rather, and anchor and manager of dan rather reports. dan rather remembers as on hd net on september 11. the story, douglas brinkley. let me start with you, a dismal time for america and for americans right now to put it in historical context. more you reported on over the years. how bad do you think it is right now? >> the news is grim on a lot of fronts, the economy being first and foremost i would say within those jobs. this country has tremendous resilience. people are angry. they don't feel they're being well led by republicans or democrats. democrats. through everything through valley forge, through the civil war, to the resignation of president nixon, america bounces back. it

with over 30 years of medicare experience, unitedhealthcare medicare solutions can help. just give us a call. the annual enrollment period to switch your medicare coverage is earlier this year, from october 15th to december 7th, so now is a great time to review your situation. i'm looking for help paying for my prescriptions. [ male announcer ] that's a part d prescription drug plan. choose a stand-alone plan, or combine it with a medicare supplement plan. it's all in our free guide. is there a single plan that combines medicare parts a & b with medical and drug coverage? [ male announcer ] absolutely. many medicare advantage plans can give you doctor, hospital and prescription drug coverage all in one plan. remember, the annual enrollment period is earlier this year. call unitedhealthcare now or visit us online to get this free answer guide from unitedhealthcare medicare solutions. call right now. >>> all right, welcome back. what a day here. i'm checking my e-mail from one of my white house correspondents, traveling with the president on martha's vineyard. we won't hear

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >> bret: iowa is ground zero for the america's election headquarters. we host a debate thursday night and iowan vote in strong poll on saturday. >> ames iowa, home of the university cyclones is the center of the universe with fox g.o.p. debate and the long-awaited straw poll. stakes are highest for tim pawlenty who needs a great showing. >> a fun event. get tickets for free. we will pay for them. we have barbecue and dairy queen blizzard and bands. >> they ripped president obama for the credit downgrade on wall street. >> it's a reflection of the bigger problems facing the country. president is asleep at the switch. >> for michele bachmann, expectations are highest she will win the straw poll. she is on "newsweek" cover albeit with an unfortunate picture. bachmann blamed the deal to raise the debt limit that she voted against that the president signed. >> the reason they

plan to end medicare. the g.o.p. plan to end medicare is off the table. sign our petition because it's going to be the issue in the next election. this does not sound like somebody coming to a debt committee eager to make nice with republicans and tackle what is -- medicare is driving our debt. that is going to be the long-term problem. she is saying if this represents her thinking that is off the table. >> bret: on the flip side, max baucus is seen by many as willing to negotiate. what about the picks? >> steve and i often disagree and i'm afraid tonight we disagree again. this is a group of moderate democrats who are open to negotiation. what steve is saying about patty murray she is a political person, head of the senatorial committee. democrats are on the rope in terms of holding on to the senate so there is rhetoric there. medicare proven to be a potent political issue in terms of a willingness to negotiate and go after the entitlement spending, which is key for democrats, they have the people there who say don't do anything on entitlement. this grou

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> mark sanford is a man who knows the republican party from the inside, and he knows how fast things can change in politics. the he was once talked about as a presidential candidate. that is before his affair, his divorce and the departure from the governor's mansion. now after two years, mark sanford going public again. he joins me now. welcome. >> thank you. >> my obvious first question is why are you doing this interview? what would you hope to gain from this? >> i can't hammer nails for the rest of my life. i've been down at the farm you all were nice enough to visit you. get to the point where it's comfortable to be, it's time to start speaking out again on issues that i've cared about for 20 years of my life. you don't invest 20 years of your politics if you don't really, really care. and i care deeply. i'm very worried about the direction of our country. i think

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> one day after willard m. romney's campaign staff issued a written statement announcing his opposition to the debt ceiling deal, the staff announced some additions to his campaign schedule, which still will keep him mostly close to home in new hampshire. today ben smith coined the political phrase of the day, possibly the political phrase of the year so far when he described mitt romney as being in the mittness protection program. and there was this headline in the des moines register, don't take it personal, iowa, romney's avoiding everybody. thanks for joining me tonight, josh. romney's position here as the kind of front-runner who campaigns the least, how long can he keep that math going? >> yeah, we've kind of got a contest in the press, i call him the phantom front-runner, ben smith did take the cake with mittness protection program, but look, this has been mitt r

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. ♪ ♪ >> eric: welcome back to "the five." more controversy surrounding the ground zero mosque. producers of a new documentary called "sacrifice survivors: the untold story of the ground zero mosque" have been denied permits to screen the film in new york. new york city mayor michael bloomberg citing content concerns. i doubt rudy would have an issue with that film. but former army colonel west is saying bring it to d.c., i'll host the darn screening. good for you, colonel. i agree, we need to tell the muslim world, extremists that want to build victory mosque on the sacred burial ground need to move that mosque. kimberly, they have a right to do it constitutionally but it's not right for them to build it right there. >> kimberly: we talked about it and covered it on your show many times. this is a situation where i think it will cause far more problems than the gain it

medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor. and i don't need a referral to see a specialist. call now to get a free information kit. plus you'll get this free guide to understanding medicare. and the advantages don't end there. choo

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> this week cnn is exploring a country, the ancient land of geng gas kahn, sitting on vast reserves of the most valuable minerals. today we have our eye on mongolia. >> manning goal yeah's economy has traditionally been driven by the agriculture sector. gdp, the broadest measure of the economy grew 7% in 2010. that was largely due to exports. more than three-quarters of mongolia's exports go to china. the country was hit hard by the global financial crisis, the unemployment rate soaring from 3% to more than 11% in 2009 as the global economy slowed rapidly. but the mongolian economy is starting to take off. domestic investment and savings rates are among the highest in the world. mongolia plans to further tap its vast natural resources. they include, gold, copper, coal and rare earth metals. nina? >> one man looking to capitalize is the former sumo wrestling champion, as

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. [ male announcer ] this is what it's like getting an amazing discount on a hotel with travelocity's top secret hotels. the easy way to get unpublished discounts of up to 55% off top hotels. harpist not included. ♪ >>> continuing the theme of keeping things unpredictable this week, i'm joined by a man who says i can ask him absolutely anything. he's got a new cd out called "hell in a hand basket." he's the original bat out of hell. which follows neatly on from satanic witches. he's the rock 'n' roll wild man, meatloaf. welcome. >> a rock 'n' roll wild man, huh? >> we've had a few battles this week as you may be aware. >> you can just stay in your chair. >> i'm going to stay in my chair, i promise. i'm going to stay in my chair. >> have you ever walked out of an interview? could you imagine doing that? >> no. i would argue with you, that's what i would do. i wouldn't get

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >> time now for our hits and misses of the week. >> exxon made what looks i to be the biggest oil find, a billion barrels of oil. the last i looked the gulf of mexico is not in saudi arabia, a good thing for the united states. not for the obama interior department ruled that exxon's lease expired, a technicality. exxon along with its partner is suing the interior department to get back for the lease. rather than drilling for billions of oil, exxon is going to disappear in the black hole, sounds like a miss for me. >> jason. >> michael nutter after rioting for black youth. the mayor spoke out how ghetto culture is a black to a major economic, what bill cosby said, and nice to see the politician. >> this is a hit to eli manning, the giants quarterback, new york giant football quarterback saying he's in the same class as legendary quarterback tom brady. some claim this is go

this was attributable just to medicare fee-for-service and medicare advantage. from a government-my perspective, the medicare program represents 38% of the $125 billion in estimated improper payments reported by the 70 programs. hhs estimated improper payments is incomplete because it has yet to report a comprehensive improper payment rate for the prescription drug program. as ms. snyder indicated, hhs is going to release a comprehensive report in the fiscal year 2011. it is important to recognize that the $48 billion reported in fiscal year 2010 is not an estimate of fraud in medicare. reported improper payment estimates include many types of overpayments come under payments come and payments not adequately documented. -- include many types of overpayments, underpayments, and payments not adequately documented. there may be brought that exists that is not encompassed in the reported improper payment estimate. in 2010, cms treated the center for program integrity to serve as a focal point for all national medicare program integrity issues. the cpi address is pro

as with all medicare supplement plans, and help pay for what medicare doesn't. call this toll-free number now... how'd you learn to do that? what'd you use? every project we finish comes with a story built-in. it's how our rough ideas become "you did that yourself?" so when we can save more on the projects that let us fix, make, and do more... that just makes the stories even better. more saving. more doing. that's the power of the home depot. right now get this vanity and matching mirror for just $99. when they taste the food that you cooked, it does something to your heart. i think what people like most about the grilled food is the taste. the flavor comes from that oak wood. the shmp, the fresh fish, the steaks. it locks in the flavor, it seals in the juices so that when you put the fork in it, it just goes through it like butter. megyn: fox news alert, president obama set to address the debt downgrade any moment now. we were told it would be 1:00, now we're told 1:30. now it's 1:33, we expect us momentarily to speak to this since the downgrading. the downgra

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as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. e >>> welcome back to our special coverage. ali velshi reporting and myself as we count down towards the top of the hour, just 14 minutes or so away. the dow jones off more than 500 points, not the session lows, but it's clearly a pretty horrific day coming on after two weeks of such extreme volatility. bob lenza of "forbes" magazine joins me now live from new york. robert, as we look at what's happening rk i've read your article and you're quite clear that you -- you basically said what morgan stanley said that a global recession is more likely. do you now believe that a recession in the u.s. and probably in parts of the eurozone is a racing certainty? >> yeah. no. i -- i would not say that anything is a virtual certainty, but if you look at the data, if you look at the numbers and add it up. germany is actually growing less than the united states. it's only growing at h

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> all right. wall street's opening bell has become a scary sound for investors this week. another -- another steep sell-off yesterday. let's go to becky quick for a market preview. the good news on the job front, i saw the weekly jobless claims, is that going to help? >> the good news that came out was that we only had 395,000 new jobless claims. that ends a 17-week streak where we saw a number above 400,000. 400,000 is key because that's when you start chipping away at what's been happening with the unemployment rate. but they shrugged it off. we're looking for a higher open this morning, at least up by 75 or 80 points for the dow now. but fear is all over the place. volatility is all over the place. we have seen some wild swings already this morning with the futures. we saw earlier today that the futures were up by about 150 points and looked like they would open down

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> we're back to talk about the real vast right wing conspiracy in america today. this year we've seen a sudden wave of radical republican bills that are suspiciously similar. for example, voter id bills have been introduced in 34 states. and anti-union bills have been proposed in 29 states. this is not just coincidence. these bills are the work of a very secretive and very powerful group called the american legislative exchange council. alec for short. they help corporate executives literally write model bills for your state legislators. the proof is in black and white. here is a model voter id bill from 2009. quote, any person designed to vote in this state shall present proof of identity to election officials when appearing to vote. app n an arkansas voter id bill from this year, quote, any person desiring to vote in this can state shall present proof of -- wait a min

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now.

it is it true that medicare -- obamacare wife out $500 billion in medicare? is that true? guest: that as a whole nother can of worms. that was a claim in the midterm election. republicans did very well with that claim. it is not exactly true. there were some cutbacks in medicare, but to say that $500 billion was cut from medicare is not true. the program is still growing. cutting 5 $1 billion sounds like you sliced the program -- cutting $500 billion cells and you slice the program and it is getting less. that is not true. host: talk to us about the reluctance by some providers to deal with medicare. some will not take medicare patients. guest: this is definitely a problem. traditionally, private insurance pays doctors the most of any paper. then comes to medicare. then comes medicaid. every time we talk about saving money in medicare, we talk about cutting payments to providers -- doctors and hospitals. the health care law does make some straightforward cuts to hospitals. we have had some physicians' cuts. they were supposed to take affect every year. every year, congress

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> while they are certainly unhappy at both end of the political spectrum, liberal democrats feel like they came out on the short end of this debt deal. some have been venting to the vice president joe biden who was up on capitol hill trying to shore up support. let's bring in our chief white house correspondent jessica yellin to update us what's going on. the white house clearly trying to get enough votes to get this deal passed, jessica. >> reporter: that's right. wolf, today the president, vice president and members of staff have been making calls to the hill urging passage of this bill, their focus clearly on democrats. democrats whom are clearly upset but they want as many republicans to vote for this as possibility. for the white house they want this to be as bipartisan an effort as possible so it's not simply democrats who are saddled with raising the debt ceiling

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medicare. medicare preventive services, and providing free annual wellness checkups with no additional payment. please give a warm welcome to senator ben cardin. [applause] >> thank you very much. it is a pleasure to be back at charlestown. you experienced what i experienced this week. no electrical power, no power [laughter] you all had plenty of power. we are still without power as are many people in our region but it is good to be back here. this is a great community. i saw people walking around recent residents. i have been here many times with wonderful discussions over the years. this is my town hall meeting when congress is in recess to get your views on what is happening in our community and for me to give you an idea of what is happening in washington. i hope we will have a free- wheeling discussion. normally you are not very shy. please be prepared. delagate malone has already been introduced, but he does a fantastic job representing you. i announce his family for a long time. thank y

we spend more on the medicare advantage plan than traditional medicare. host: hickory, north carolina. caller: i have a question concerning the health care market. not market, excuse me, this is my first time calling. my question is today, why does the government feel a need to control the health-care market and social security and all of that. we are a capitalist form of government, so why would not be treated like a business transaction? host: how old are you? caller: 15. host: why are you interested in this subject? caller: i take a big interest in politics. it is a captivating subject. i am very interested in health care, because i want to go in the health field myself. i do not quite understand why if we are capitalists, we feel the need to control the average government. shouldn't our government facilitate health care. guest: people do not realize how much of the health-care system the government controls. it directly pays for about half of all health care in this country. it indirectly subsidizes the vast majority of what is left through tax cuts.

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> a quick programming note, day of destruction, decade of war, a new documentary following the decade following 2001, reported by rachel maddow and richard engle debuts here on msnbc. great! at progressive, you can compare rates side by side, so you get the same coverage, often for less. wow! that is huge! [ disco playing ] and this is to remind you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> it's time to believe again in the potential of private enterprise, set free from the shackles of overbaring federal government. >> that, of course, was texas governor rick perry announcing his presidential candidacy earlier this month and pushing his particular brand of small government conservatism, the kind that

health of medicare and proposals to bring down medicare costs. medice cost today the history of the hi marilyn werber joins us now. the law was signed in 1965. was it controversial? guest: yes, health care is always controversial. the debate went on strong for a continues before it was signed into law. if jfk could not bring it into law, you know it was controversial. when we had to turn over in 1964, we have a democratic sweep. that is when they were really finally able to -- president johnson was able to sign this into law. host: you talk about how it was debated for 10 years before it got through congress successfully. guest: the impetus was poverty. half of seniors in the 1960's were living below poverty. we're talking about the federal poverty guidelines. you have to be pretty poor to qualify. we'reay's standards, talking about $10,000 or $12,000 or less a year in income. you had to be pretty poor to qualify. we're talking about almost half of seniors at that time qualifying as living in poverty. host: president johnson signed this into law

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> the last recall elections in wisconsin are being decided today, in one of the two races, the republican candidate is the author of a children's book called "with my rifle by my side." it's a children's book. results on how that candidate and all the candidates did tonight in wisconsin, that's coming up. >>> at the end of george w. bush's second term as president, everybody knew his vice president, dick cheney, would not be running to succeed him, not be running for president, why did we know that? we just knew that. there was going to be a primary in 2008 for the democrats and a primary in 2008 for the republicans as well, wide open on both sides, there was a lot to pay attention to that election cycle, but this year after about 14 seconds of cable news chatter about whether president obama would get a primary challenger in the democratic party, ha, everybody turned a

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>> i know it's not right for taxpayer money to be paying for somebody's drug addiction. on top of that, this is going to increase personal responsibility and accountability. we shouldn't be subsidizing people's drug addiction. and welfare is for the benefit of our children. and they shouldn't be -- the money should be going to take care of them, not for somebody with addiction. our taxpayers are not interested in subsidizing drug addiction. >> our taxpayers are not interested in subsidizing drug addiction. that was florida governor rick scott back in june, just five days after he signed a law requiring adults in his state applying for welfare assistance to undergo drug screening. what evidence did governor scott have at the time that floridians were subsidizing drug addiction? well, none, actually. >> do you believe that a great number, significant number, of welfare rec

as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >> bill: thanks for staying with us. i'm bill o'reilly in the kelly file segment tonight, a bizarre child abuse case played out on the dr. phil show. a woman appeared with dr. phil on a program about bad decisions made by mothers. apparently ms. begley used extreme discipline on her adopted 6-year-old son. >> why did you lie to me? >> i didn't mean to -- >> you didn't want to get in trouble. does it work to lie to me? >> no. >> what happens when you lie to me? >> i get hot sauce. >> you get hot sauce. what happens to me. >> i get a cold shower. >> open. first off, why are you getting a cold shower? [crying. [. >> because -- you pulled three cards today! ing that is unacceptable behavior. >> bill: awful. hard to watch. this week jessica baggily the woman there was found guilty of child abuse. here now anchor megyn kelly. that show was last november 10th. the police immedia