senator alan simpson a republican and former white house chief of staff for president clinton erskine bowles the democrats came up with a possible solution what they came up with is this it's known as the to those outside of the beltway as the simpson bowles of the bowles simpson is plan whichever way you want to see it and despite falling short of passing it often took center stage and talks about the economy for the most part of the for the most of this year especially during the presidential campaign governor what about simpson bowles support simpson bowles simpson bowles the president should grab that i mean do you support some symbol i have my own plan it's not the same as simpson bowles but in my view the president should have grabbed it if you want to make some adjustments to it take it go to congress fight for it that's what we've done made some adjustments to it and we're putting it forward before congress right now but even though most have now heard of the plan very few people actually know what's in it our chief political correspondent christy infrasound looks through the

simpson has been a guest on this show and he has a new message for millennia old. used to gramley your breakfast in your first world problems and give the on you tube show you can see gangnam style well. we will talk more about what's behind the debt related directive in loose

let's wrap up with loose change dimitri kofi anan just remember when alan simpson was on the show former senator one half of simpson bowles led to believe one of our yeah i got talking on the phone afterwards and i can say one thing guys he is much less sensitive but i don't know any of them. well in rare form and in his best form he has a new video out ok he's reaching out to the millennial generation via you tube to spread the word about his kick the can kicks back campaign take a lot. sign people up on this be three people week rather grohl and don't forget take part or get taken apart board the usual clean out the treasury before you get there. ok did you hear him those old coots will clean out the treasury before you get there i mean this is just so funny we had to play a clip is there anything you want to say about it while you go put on the girl just like when you put that in your pipe and smoke on. all these expressions i would love to see this goes for secretary but i don't think. probably maybe but i'll tell you he brings a certain straight talking to washington that you just r

plus still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words will cover both after the break but first your closing market numbers. here is mitt romney trying to figure out the name of that thing that we americans call a dollar. i'm sorry i'm just a guy who cares an awful lot of money you sir are a fool you know what kind of my soul but i don't want us to defeat terrorism the only liberal democrats trying. to secure the support of the. you know the for going to distract us from what you and i should care about because they're profit driven industry that sells a sensationalistic garbage he calls it breaking news i'm abbie martin and we're going to break this that. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches when it comes to japanese corporate governance and now i want to speak more broadly to you about the economy because you you worked there you are an emp

. >> so, alan simpson not making himself the most popular among former colleagues. what is your sense? how well do the members who are going to be voting on the stuff understand, both what's in this deal or could be in the deal and what the consequences are? >> typically how this works out those with the most expertise are closest to the process of the deal making, what might be on the table, off the table. and that seems to benefit all sides. people with the most knowledge of this. when it does come to the vote, which is the ultimate answer here, there can be a lot of that within the party arm twisting. it's fair to say that not every member of the senate, and certainly not every member of the house, has expertise on issues of this sort of magnitude. but there are all kind of held accountable for it, so they're learning shorthand. is it the kind of criticism from alan simpson does tweak people in saying they don't know enough about the real risks. one of the big issues on capitol hill always the unintended consequence. they vote for something and cannot foresee wha

mayor, let's just pick up on what we heard from erskine bowles and alan simpson. what are your constituents talking about? what are they telling you about this? how does this look from outside washington? >> well, i think there's an immediate fear. there are a lot of people, a couple of thousand dollars, which most americans will see their tax goes up, if we don't do something about this. for many families, not only in my city, but across our state, a couple of thousands dollars could be the difference between making that mortgage payment, being able to afford food and making critical investments during every month. the desire for washington to figure this out, and not to cause more harm, like they did during the last debt ceiling debate is absolutely krusk. this is not time for the republicans to hold the country hostage again, really at this point, holding it hostage to protect a couple of percent of our population. >> schieffer: well, i mean, the democrats -- there's got to be some give in there from democrats as well? >> i think you're absolutely right. someth

still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words to cover both after the break but first your closing market numbers. culture is that so much different a huge percentage of the person on the mark with her would seem like fantasy only two years ago could become a reality very soon with a strong sense of identity and spread across the middle east because. the same issues. are going to take three years for judges. to make amends three. three stooges priests. mostly blunt just plug in video for your media projects a free media dog r t v dot com. or you. can. go to the my. mum. good. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches when it comes to japanese corporate governance and now i want to speak more broadly to you about the economy because you you worked there you were in a ploy of olympus for thirty years i know that entire time was not in japan but you

alan simpson, he does not like washington style. he is going gangham style. that is coming up next. ♪ charles: finally tonight, the video that has gone viral on us. you are about to cede your first. former debt commission co-chair alan simpson like you have never seen them before. ♪ >> stop enstar ramming your breakfast and tweeting your first world problems and getting on youtube so you can see gain -- gangnam style. ♪ and start using those precious social media skills to go out and find people, three people a week. let it grow. don't forget, take part or get taken apart. these old coots will clean up the treasury before you get there. ♪ >> again. and then the lars. a cowboy. charles: he did the lasso part really good. going gangnam style over this debt. stop waltzing about this issue. but the debate is far from over, and we are hoping simpson is done dancing. if he releases a video of himself doing the electric slide, we will be

simpson's plan, and that would include -- as erskine bowles and alan simpson's plan, and that would include big durbin, tom coburn, mike crapo from wyoming. there are a handful of people who did. what you are confronted with right now is the reality that not since 1990 has any republican and a house or this and -- the house or the senate voted for any tax increase. what they are terrified of is a primary challenge. they have all of these bedwetters and nervous nellies in the caucus who are terrified they will be primary if they vote to increase the taxes of donald trump by a dime. >> when you listen to mark, you think this is a republic governed by the house of representatives. aptly, we have a president. as evan indicated, a heat south peddled it, as not shown leadership? he has done nothing. >> he has done nothing -- >> he appoints a debt commission and then he ignores it. he has never proposed in public ever a single serious change in entitlements. he knows exactly what all of this note, that it has to be done. the republicans responded to the election the day after by offering t

we don't want to scare them. >> alan simpson is going "gan a "gangnam style." the campaign is called the can kicks back. there are no words. just take a look. ♪ >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can see "gangnam style," and start using those precious social media skills to go out there and sign people up on this baby. three people a week. let it grow. don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> i love that. he's great. >> he is hilarious. obviously, trying to appeal to a younger demographic with this message. >> i was talking to a defense analyst the other day. he said the problem with all of this is the fact i'm worried about my 9-year-old. i'm worried about my 15-year-old. they're going to be paying unbelievable tax rates because we are dumping all of this on them. so on the one hand, yes, it looks like -- he looks a little crazy in this. a little goofy. at the same time, he's appealing to kids because, guess what?

. >> it calls on young folks to get serious about the deficit, and it stars former senator, alan simpson. >> stop instagraming your breakfast and tweeting your problems. and getting on youtube so you can see "gangnam style." >> he's got the moves. >> you go ahead, boy. >> 81-year-old alan simpson, right there, kicking it gangnam style. the can kicks back, a play on kicking the can down the road. that's simpson of simpson-bowles. >> that was the commission working to reduce the deficit. there's your commission chairman. whatever gets folks' attention, right? the work not in vain. there's your chairman. looking good, allen. break it down. looks good in everything. >>> you know those dog owners who swear that fido really genuinely is pretty smart. >> let's not offend all of the dog owners. they are smart. >> look at this. some proof here. experts are teaching dogs how to drive. they say it took only eight weeks for the canines to master the basics. >> it's part of an animal welfare campaign in new zealand to show you intelligent dogs are. the drivers are all rescue dogs that may have been d

. >>> alan simpson has joined forces with can kicks back, trying to get young people to recruit their friends and use social media to encourage congress to come to a deficit reduction deal. there's alan simpson doing his part with a homage to internet sensation gangnam style. >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can get gangnam style. ♪ gangnam style >> and start using those social media skills to go out and sign people up on this baby, take part or get taken apart, boy these old coots will clean out the treasury before you get there. >> we need more senators like alan simpson. also from simpson/bowles to panetta/burns? i told you about the new ppp poll showing most republicans think a.c.o.r.n., which no longer exists, was to blame for obama's re-election. what percentage of those polled said they supported the deficit reduction plan they were told was being offered by leon panetta and former montana senator conrad burns? well, there is, of course, no such plan. but here goes. 8% of the people polled said panetta/bu

we'll talk with alan simpson about his unique approach to fiscal sanity. up next, is syria's president dancing with the del preparing chemical weapons? -- devil by preparing chemical weapons? ve kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip. >> bret: egypt's president went on national tv today to defend his perceived power grab. warn against any attempt to overthrow his government. mohammed morsi is calling for a national dialogue with the opposition this weekend. he also accused some opposition members working with mubarak regime. potential for more death in syria on a larger scale is growing tonight. chief washington correspondent james rosen has dist

plus still ahead from senate confirmation hi james to senator alan simpson video about the old coots clinton out the treasury has or has words we'll cover both after the break but first your closing market numbers. wealthy british style. is not on the tires on. the. market so why not. come to find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines join in two cars a report on. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harpur welcome to the big picture. eh. eh eh eh a. good laboratory. to build. anything tim's mission to teach me. this is why you should care only. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our set giving us the lessons that he feels not pulling any punches when it comes to japanese corporate governance and now i want to speak mor

still ahead from senate confirmation hi james to senator alan simpson video about the old coots plan an out the treasury has or has words to cover both after the break but first your closing market numbers. low. technology innovation all the developments around russia we've got those huge earth covered. the gold fever. trance thousands into slaves. must follow but also among brotherly involved in the monsoon and since i started working at the moment i stated i look at it and feel multinationals. make it a cash cow to be milked drawing and if i think that in this country gold medal logie as an environmental cost which is unacceptable to local business was labelled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. most book almost but we are forced to pay protection to illegal groups watch for prices colombia going to pay. the price of the modest effect on r.t. . is due to its. food. to eat. six. welcome back our guest michael wood for the exposed fraud at the japanese firm a limp this live to tell about it he's here on our se

very hip, alan simpson. >> very, very, very good dancer recently. but, look, i think people talk in terms of political advantage and clearly the president is going to gain more political advantage from going off the cliff than the republicans are going to. that's where the polls are showing. that's clearly where there is going. that doesn't mean it's a good idea for the country or economically. the country is are they looking at their own political interests or do they actually want to make sure the economy stays out of recession here. this is a very dangerous game that we're playing with over the next four weeks. >> i want to bring in congressman tom price, a republican from georgia. he is the house policy committee chairman and a member of the budget committee. it's good to see you congressman. good morning. >> good to be with you. >> i saw an op-ed that you wrote pop up on the web site of the "atlanta journal and constitution" and it was headlined "a message to taxpayers e taxpayers" and it argues house republicans are the only thing standing bet

that alan simpson calls them old coots. so he has lost all hope of getting them to voluntarily give up their medicare and social security benefits, so he's now trying to convince young voters to take those benefits away from their grandparents. >> stop instagraming your breakfast and getting on youtube so you can see gangham style and start using those precious social media skills to go out and sign people up on this baby three people a week and let it grow. take part or get taken part. the old coots will clean out the treasury before you get there. >> i have a bum knee. i'll do the lasso and horseback. the cowboys ride it. >> but the good news for the old dancing cowboy is simpson-bowles does poll better than panetta-burns. a completely fictional budget proposal that the ppp included in their poll because ppp knows how to have fun. panetta-burns budget proposal does not exist is supported by 8% of voters and opposed by 17% of voters. unfortunately, we have no idea what these supporters of panetta-burns like about the budge

this is alan simpson in his best but a completely different venue. >> i talked to him today and he said "i think i could go around the world in 90 days and never had the impact that this silly little thing did." and the idea behind this, he's hooked up with "the can kicks back" helping young people try to get involved and get engaged in the fiscal cliff and making decisions. and they're using a lot of twitter and other social media to make their point. >> ifill: they tweeted "when politicians delay, young people pay, it's time to fix our debt." is this effective? >> well, the former senator told us he was making a fool of himself. >> ifill: he didn't know he was doing a popular dance. >> no, he did. >> he said it was like riding a horse. >> he and erskine bowles have been saying this for a couple years. so now this group, the can kicks back and the committee for the responsible budget and other groups are using twitter and social media as a way of reaching out, promoting their message and trying to engage younger people might not watch the public affairs shows. >> the thing that -- when

alan simpson, he does not like washington style. he is going gangham style. he is going gangham style. that is coming up the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1%ash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who li more cash. what's in your wallet? you know how painful artburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ charles: finally tonight, the video that has gone viral on us. you are about to cede your first. former debt commission co-chair alan simpson like you have never seen them before. â™

alan simpson is spot on. as debt-to-gdp ratio grows, it impacts the growth of your country, no doubt about it. europe, 70%, 80% is when you start to see negative impact. that hurts everyone and all of our live lie hoods. when you get 95% of the gdp when it starts to have disasterous impact. >> wealthy are in focus for this fiscal cliff deal but based on what we're talking about here today, charles, you believe your average american family, regardless what happens with this deal or not, will be affected when by some of these higher interest rates or higher inflation you see coming for the country? >> absolutely. even without this, just with some taxes coming in, associated with the new health care law and other things, we're talking about people paying taxes on what they call, unearned income, which is misno, ma'am ir. obviously money you got to invest in that restaurant or invest in the stocks was earned in the first place and you're taking a risk. if you pay taxes on rent, as person paying taxes guess who wi

obviously alan simpson is very worried about people getting involved. do you feel like the american public is tuned into this debate or are they sick of hearing all the fighting back and forth and they're tuning out? >> you have to love the former senator. he is quite hilarious. i think people are tuned in. i think people are aware. people know that, you know, 98% of americans could have their tax rates stable and not have their taxes go up. and you know, there are some taxes that would go up if we two off the fiscal cliff. you're talking about a family that makes about $50,000 having a tax increase of $4,000. melissa: congresswoman, this drives me crazy. when we look at all the numbers we immediately start talking about taxes. it seems like we're looking for revenue under every single rock. that's fine. even if we raised taxes that are proposed by the white house, it will raise $82 billion. it is one half of 1% of the problem. we have a $16.3 trillion debt. all of this talk about raising taxes doesn't get us even close to solving the problem. it doesn'

he is happy to embarrass himself as i am as a super hero, alan simpson. senator, good to have you. always a pleasure. i did that little thing when they handed me that thing that said twitter and instagram and i didn't know what they were talking about. >>neil: it humanized it and showed the urgency for young people and what is at stake. my hats off to you. whatever the effect on young people, it has not moved the needle in washington, are you worried they do not strike a deal of any sort? >>guest: i remain more concerned than my buddy, erskine. when you have this undertow that if the democrats get an advantage if we go off the cliff or the republicans gain the advantage, that is wrong because you say you value the party over the country. it is time to step to the plate for your country, your country need as tough vote. >>neil: some say you do thought need tax hikes versus spending cuts and a bad deal is worse than no deal. what do you say? >>guest: well, i agree with john, it is hard to believe that. but one thing i will bet you a lot of bucks if they go over the cliff or half a cl

kudos to you. >> you got to love senator simpson. >> no one in political life funnier than alan simpson. >> so funny. did you see this clip of him doing gangnam style. watch this. ♪ gangnam style >> i rest my case. >> to his credit, trying to connect with younger voters on that issue. >> indeed. >>> an update on john mcafee, the software executive who disappeared in guatemala. in a jail questioned about a murder case. bob has the story. good morning. >> reporter: good morning, charlie and norah. police in belize call john mcafee is person of interest in the murder of one of his neighbors there. cell phone technology pinpointed his location, until then, police didn't know where he was. >> the problem is they're trying to detain me. >> reporter: john mcafee's three-week run from authorities came to an end wednesday nipt in the silicon valley entrepreneur detained at an upscale hotel in guatemala city. >> where are they taking you, john? >> to jail. >> reporter: with the help of interpol, arrested for entering the country illegally and taken to a nearby detention center. for almost a mon

our guest tonight, alan simpson-- one-third of the singing trio "ashford and simpson and bowles" ( laughter ) you should not get their album. they're not very good. let's begin tonight with america. it's great! and republicans in the united states senate think it's about time america cafta, side it's famed humility and let the world see the awesomeness that is us. >> the nation and the world need strong american leadership. >> we need to continue to lead the world. >> we wanted our example to inspire the people of the earth. >> they're waiting for america to lead the way. >> we are as a nation a beacon of hope for many across the globe. >> we've created a beacon of hope and opportunity for the rest of the world. >> jon: a beacon of hope. a home beacon, a-- come on, world! follow our leadership. did you hear me, world? come on, follow! ( laughter ) don't make me send in the ( bleep ) drones. get behind us. come on! ( laughter ) i will rain down hellfire! ( laughter ) actually this week presented america with just that kind of leadership opportunity. >> there's a senate vote tomorrow on a uni

. >> that's alan simpson with a bold call for citizens to demand a bipartisan common sense solution and i have to say i want a common sense solution. bold as that may sound, i want a common sense solution. >> krystal, i don't want to -- you know, i don't want to explode people's minds here but i think i agree with you. >> no. >> i also want a solution. but i refuse to stop insta-gramming my breakfast. that i kabt support. that's something i like to do a lot. it's something that's important to me. i won't go there but i want a >> that doesn't have the classic -- >> when do president obama and john boehner do the gangnam style dance and then we'll be in a better place. >> you know, i want to say quickly, that reminds me of al simpson doing that, say what you will about him. he has a showman's flare. when he retired from the senate in 1996, he came up to the kennedy school in cambridge and he was working there with robert reich and got together and pitched a public television show. it's alan simpson's 6'7", robert reich, 4'10" and called it the long and the short of it. >> i know you're no

simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grass roots campaign wants to sign up more than two million people to put pressure on both sides. danielle nottingham, cbs news, washington. >>> 9news now is talking to our local congressional members about the fiscal cliff. and tonight at 7:00 p.m., maryland senator ben cardin will join derek mcginty in our studio. last night virginia democrat jerry connolly stopped by and the 11th district representative stressed that there is room for compromise on his party's side. >> it ought to be open to negotiation what the income threshold s. the president has laid out -- is. the. has laid out 250. i think there's maneuverability there. i think it's too low. >> could it be 37, 38? >> i think he's signaled he's willing to negotiate on that but the republicans have said so far no