>> well, i like eric cantor. if he had a plan for dealing with health care maybe he would come on the show to debate it with me. he doesn't have one nor do his republican colleagues. people want this problem solved. not only people who are uninsured but people having their rates go through the roof. right now, every single year our insurance rates go up $1,000 a year. most americans see that as a republican tact that they're paying. >> did i hear you say you'd like to debate him on this program? can we organize that? can you and i make an invitation to mr. cantor's office? i will give you guys, face to face, we'll go an hour. i'll dedicate an hour with you, mr. weaner and mr. cantor to go at it about health care. you okay with that? >> i would love to do it. i like eric cantor and feel bad for him he has to shop around some of these ideas. when he says at a town hall meeting if you're uninsured, you go to the hospital, they'll take care of it, he must think the bill fairy pays those bills. i admire the idea someo

americans, you can't trust eric cantor. cantor's response speaks volumes about how inept the republicans are and how they are simply not solution-based. charity? is that what he said? this woman can't get a government program. she's in her early 40s. she's too young for medicare. she doesn't qualify for medicaid, but there's always charity, or what the heck? you can go to the hospital and plead your case and say, you know, i'm broke. cantor should know that there's no such thing as a free lunch in health care. the hospital passes the costs on to the other patients or they pass it on to the insurance companies and then they pass it on to you and me in some form of a higher premium. that's how the hell we got started in this debate in this country in the first place about health care reform. hold it right there. the republicans lie. they want to see you dead. they'd rather make money off your dead corpse. they kind of like it when that woman has cancer and they don't have anything for her. that's how the insurance companies m

cantor then explained republican health care. first, sell everything you own, your house, your car, whatever to pay your medical bills, until you are poor enough to qualify for medicaid, a government-run health care program. and if that doesn't work -- >> i guess i would ask what the situation is in terms of income eligibility and the existing programs that are out there. because if we look at the uninsured right now, there is probably 23, 24% of the uninsured that is already eligible for an existing government program that frankly the government has not done an adequate job at going out and making people aware and signing them up. >> and if that doesn't work, get on your knees, stick out your hand and beg for charity. >> i know that there are programs, there are charitable organizations, there are hospitals here who do provide charity care that if there's an instance indigency, no one in this country should be sitting without an option to go address in terms of health care. and that's really -- that's really what i'm here to tel

cantor, i will give you one hour, a full hour of "the ed show." you pick the day, new york or washington, let's get it on. what do you have for that lady? what do you have for that situation? a percentage? is that what you've got? a percentage. some charity? you have nothing for her. but under the democrat bills, she wouldn't have a problem. my point in this, the republicans are coming to the table, allowing people to die because they will not put forward with the democrats a bipartisan proposal that would take care of that lady with cancer. i believe in her 40s, needs an operation according to her doctors, her income level was good, doesn't have insurance. gosh, things are pretty tough. in fact, there are millions of americans out there, and she's supposed to just go to a charity or a hospital and say i'm broke, can you help me out? republicans, you need to get in the real world. you need to focus on your own plan that will help that lady out. saying that you're going to check her income level. i need you on this show, not with in other host. i'm

but cantor's answer to that woman in virginia is really a republican pattern of behavior at town hall meetings. this is what they tell constituents. go beg for charity. go get in line. senator tom coburn, oklahoma, he's a doctor. he told a sobbing woman at his town hall meeting to go get help from the neighbors? coburn was asked about it in a recent interview with pbs. >> let me ask you about something that happened at one of your town hall meetings. a woman there told you her husband was denied nursing care. he has dramatic brain injury. >> he left the nursing home and he told us we were on our own. he left with a speaking tube. i'm not a speech professional that takes six years for a master's. i'm trying to get him to -- >> first of all, yeah, we'll help. the first thing we'll do is see what we can do individually to help you through our office, but the other thing that's missing in this debate is us as neighbors. helping people that need our help. >> you told her to turn to her neighbors for help. >> actually, what i said is, that's unfortunate but what i made the point was if she

cantor fitzgerald. cantor gaming recently launched a new way for casino gamers to place their bets on sporting events in vegas. ceo of cantor gaming joins us from sin city to explain. lee. how does this work and is this making money at this point? because there's got to be a reason why a trading firm like cantor's doing this. >> it actually just launched in march of this year at the m casino. so we have two forms of gambling. we have mobile gaming, which is casino style games on a handheld device, which was introduced and okayed in october of last year and then rolled out at the m casino again in march of this year. and then in-running sports and sports wagering on handheld devices. so it is in the early stages. i can tell you that the revenue that's generated on it has been very, very encouraging as of late. >> are there barriers to entry? because it seems like a technology-driven thing so maybe someone else can spend the money on the technology and enter the space and be a competitor. >> well, there's

that was eric cantor of virginia. the liar, liar yelling is a tribute of sorts to south carolina republican congressman joe wilson. his "you lie" outburst at president obama during the president's address to congress is apparently becoming the right's new drill, baby, drill, sort of. as you can tell from the podium at which mr. cantor is standing, a main organizer of the 9/12 march this weeks is freedomworks. it's the grassroots organization headed up by dick armey. the march is also sponsored in part by a group we touched on on last night's show. they are the national association of rural land owners, or narlo. at narlo's website, you're informed that the second american revolution that has just begun. join it or buy a gun, because you are going to need it. just this summer, narlo posted online a video forecasting massive civil unrest, succession of the states, and then, yippee, a new american civil war. this is the way that the conservative movement is commemorating the anniversary of 9/11 this year. for context and

cantor spoke. the republican leader of the senate added, i think we ought to treat the president with -- with respect and anything other than that is not appropriate. that's what this resolution is about. it's a resolution of disapproval. this resolution is not about the substance of an issue but about the conduct we expect of one another. in the course of doing our business. senator john core unanimous, the chairman of the -- cornyn, the senate campaign committee stated this, quote, there's a time and a place for everything and that was not the time or the place for that kind of comment. in the absence of mr. wilson's expressing his regret for acting in a manner that almost all agree, and every republican that i've talked to as well as every democrat that i've talked to, was inappropriate, contrary to the spirit of the rules of the house and the common courtesy that we should extend to all and particularly to the president of the united states of america, our president. i expected to extend that s

house minority whip eric cantor. note, it wasn't a quick sort of text either. >> now, part of the reason i faced a trillion dollar deficit when i walked in the door of the white house is because too many initiatives over the last decade were not paid for, from the iraq war to tax breaks for the wealthy. >> 30 seconds later, he's still going at it. as the president called out republicans in congress. congressman cantor later gave an interview saying he was aghast at some of the claims in the president's address. was he listening? i don't know. >>> next up -- another sugar plum from the speech. now, i got to admit, if you're a republican, sometimes it's hard to figure out when to applaud during an address like this and when to fold your hands. that's a dilemma evidently faced last night by senator lindsey graham. watch what happens after this line from the president on reform. >> it would also keep pressure on private insurers to keep their policies affordable and treat their customers better, the same way public colle

cantor: mr. speaker, i ask to address the house for one minute for the purpose of inquiring about next week's schedule. the speaker pro tempore: without objection, so ordered. mr. cantor: i thank the speaker and i yield to the gentleman from maryland, the majority leader, for the purpose of announcing next week's schedule. mr. hoyer: i thank the republican whip for yielding. mr. speaker, on monday the house will meet at 4:00 p.m. for pro forma session. on tuesday the house will meet at 12:30 p.m. for morning hour and 2:00 p.m. for legislative business. on wednesday and thursday the house will meet at 10:00 a.m. for legislative business. and on friday the house will meet at 9:00 a.m. for legislative business. we'll consider several bills under suspension of the rules. the complete list of suspension bills will be announced at the close of business tomorrow, as is the custom. in addition, mr. speaker, we will consider h.r. 3548, the unemployment compensation act of 2009. h.r. 324, the santa cruz na

. >> you guys, mcconnell, cantor, you'll standby me, right? you'll explain that how we were all going to do it except i went to the john? >> i don't know. i mean -- >> i thought we were friends. >> okay. look. you don't worry, you do not worry. here's what you're going to do. now you apologize once to the president. and if anyone asks you to do it again, you look them right in the face and say "live from new york, it's saturday night." >> though joe wilson is unlikely to reappear very often on snl, obviously the michelle bauchmann costume will have to be kept at the ready. >>> our msnbc coverage continues now with the "rachel maddow" show. it's all yours. >> thanks, lawrence. have a great weekend. thank you at home for staying with us for the next hour. we're beginning tonight with the biggest of all big political events in the country today. it was the kick off of the values voter summit. a conclave of conservative christian activists organized under the mantle of the family research council. today and through the weekend, the summit will hos

and steny hoyer will join us as will representative eric cantor. here's bill karins with a quick check on the forecast. >> thanks. getting you out the door this morning, the travel trouble spot. mid-atlantic region. windy conditions and wet from virginia beach into southern new jersey. bring your umbrella. airports looking fine to start our day. we're not looking at too many trouble spots out west. the problem areas are along the gulf from san antonio to florida you'll get some rain. that's a look at your forecast. you're watching "morning joe" brewed by starbucks. does your mouthwash work in six different ways? introducing listerine total care. everything you need... to strengthen teeth, help prevent cavities, and kill germs. introducing 6 in 1 listerine total care. the most complete mouthwash. [ engine powers down ] gentlemen, you booked your hotels on orbitz. well, the price went down, so you're all getting a check thanks. for the difference. except for you -- you didn't book with orbitz, so you're not getting a check. well, i think we've all le

melissa francis, sally, and jim cantore. thank you so much for being with us. i'll see you tonight for "nightly news." so long. have a great day. >>> a mou moral for a family murdered. a 7-year-old girl and her brother and mother all dead, and the father is the killer. >>> and roman polanski was arrested this morning. >>> iran fires missiles as the world watches. >>> good

weather channel meteorologist jim cantore is with us near peachtree creek in atlanta. jim, i don't know how much more one region can take. and i saw the time lapse radar on the weather channel today. it looks like the system is just parked. >> it is parked, brian. up fortunately, even though we have gotten a break now, a lot of the water continues to come up here. what would normally be a very fast-moving, with traffic, if you will, north side drive is now obviously not moving. it's moving with water tonight. and can you just make out the top of care. one person trying to actually cross through this street a little earlier on. when they crossed through, it was just their taillights. now almost the ente car is submerged tonight. so some huge problems there. let's show you the radar. this was the nail on the cough aerngs brian. we had anywhere from 10 to 15 inches of rain overnight and this morning. and that caused many of these creeks, like peachtree, to come up as high as 15 feet, and that's what made the rush hour this morning bad and made the rush hour tonight even w

this is in addition to the 25% of cantors profit for the first five years that went to the cantor families. that is $180 million. one of the causes, by the way, the wounded warriors project. >>> new reports and renewed outrage over south african track star, castor semenyan. male or female? we're going to talk about it. 8p >>> top stories now. families and friends of those killed in the world trade center attacks eight years ago today got a sneak peek at the memorial being built on ground zero. the memorial is expected to be partially complete and open for the tragedy's tenth anniversary. >>> more fallout on the heckle heard around the world. democrats say they'll vote to admonish california republican joe wilson who yelled "you lie" as president obama addressed the house on wednesday night. >>> call it the capper for nba great michael jordan's incredible playing career. his airness will be enshrined later tonight in the basketball hall of fame. never in doubt, it's what you call a slam dunk of a decision. >>> and a sports story far less obvious. remember the south african runner whose gend

. >> there is one point i'm looking at because i'm a practical guy, eric cantor, sharp number two guy in the house from richmond, virginia. the guy is acting very cautious. he had a town meeting that was not crazy people yelling crazy things. it was civilized on the mark. he has the polls to show republicans if they want to get back into power, even though they have to be conservative, they have to be conservative grown-ups. >> well, sure. even when you have the statistic about twitter, we forget if you look at the reporting on this, it is older people not younger people who use twitter. it is interesting, too, that one surprisingly strong demographic for the republican party emerged in the 2008 election and everybody looked away because of the raptures of president obama is the elderly. they are a major constituency. the same people who are worried their medicare is going to be taken away are the same ones who said to george bush don't cut into our social security. i think we are looking at a demographic shift in this country they may have to do with age -- >> i think the older peopl

in this case, the objection and disagreement was not between bobby scott and eric cantor. president obama got into it over the weekend with george stephanopoulos about tax increases. in obama's view, they will not be a part of the plan. >> the president was on tv yesterday morning said there are no new taxes, but in this bill, it calls what they charge employers and individuals a tax. it is an excise tax, labeled as such in the baucus bill coming up tomorrow. >> well democrats do not like to admit it, a number of democrats actually agree with that. some in the senate have been complaining that insurance reforms from the bark is proposal would raise premiums on middle-income -- reforms from the block this proposal -- reforms from the baucus proposal would raise premiums on middle- income families. rick: saving a hang glider that fell into the pacific. rick: amazing video to show you now. coast guard crew coming to the rescue of a hand lighter -- hand guided the craft of the course of a story, oregon -- a hang glider that crashed off the course of astoria, oregan. joining me

cuanto estÁ recibiendo mensualmente h@ultimala madre d. qxchqo h@univntima hh@qxchxxh@univisio mejor cantor del mundo, chaves se proclamÓ satisfecho. despuÉs de la reuniÓn, ofreció un concierto con la participaciÓn de la reconocida orquesta juvenil. la madre del fallecido cantante. casi $27,000 serÁn. >> el presidente obama concediÓ una entrevista nuestro colega jorge ramos. hablÓ sobre la reforma ionultims >> por primera vez en el programa nos acompaÑa el lÍder de la minorÍa en la cÁmara de representantes. nos dice porque no estÁn de acuerdo con el presidente obama. este domingo se realizarÁ el concierto de juanes en la habana.ma horh@ estÁ apoyando la imagen de la dictadura cubana. >> Él no me lo ha dicho, no se lo ha dicho a nadie, como la gente puede estar especulando con el pensamiento de una persona. >> recuerde, el programa se transmite el domingo a las siete o las nueve en el centro del paÍs. tambiÉn mantenerse informado en univisiÓn.com buenas noches.

congressman cantor, what was your reaction when you heard the outburst? >> obviously, the president of the united states is always welcome on capitol hill. he deserves respect and decorum. i know that congressman wilson has issued an apology and made his thoughts known to the white house, which was the appropriate thing to do. >> congressman eric cantor. we always appreciate your perspective. have a great day. thank you for joining us. >>> and listening to both sides, abc washington correspondent, host of "this week," george stephanopoulos with "the bottom line." george, anything change this morning? >> no change, diane, in the fundamental die nam nick the house and senate. that's one of the things you take away from listening to vice president biden and eric cantor. what happened last night is, the president did, i think, for the first time, cut through the confusion of the debate. and speak with real clarity about his plan to the american public. he showed the kind of passion the democrats had been looking for, i think, in this debate. and he did throw

you just had eric cantor on. and, you know, tony, that was actually the third health care news conference we've had today. we've got one more from senate democrats. it really is just a blitz. >> this is interesting because you mentioned the work that's going on now. the house ways and means committee, and this is important, because it seems moving forward -- and, lisa, i'm going to tap into your reservoir of knowledge here. >> reporter: all right, bring it. >> all right, here we go. what i am hearing from stake holders in this debate, we're talking about hospitals, we're talking about doctors, and we're talking about insurance companies, what i heard just this morning from one of those stakeholders is that moving forward, the baucus bill out of the senate finance committee is the only bill -- forget about what's happening on the house side -- is the only bill that can pass. so that perhaps the strategy that is being discussed right now on the house side is how we take our language and bring it more in line with w

that was kind of a silly statement by cantor. republicans would love to take all the rest of the year on health care as they try to kill it. and don't have a big urgent agenda of their own that they're trying to pursue. they just don't. they basically with a few small glimmers of exception been in opposition and slowed down in opposed mode using every tool at their disposal, both rhetorical and procedural, that's what barack obama and the democrats are facing. >> let me ask you a big picture strategy question that includes the president. what do you think is the connection between the president being like flash gourdon right now, what's the connection between him being everywhere and this legislating that's happening on this huge policy issue? >> that's a very good question and i don't know that there's a close a relationship as barack obama and his advisors hope or think that there is. i mean, visibility will only get you so much. barack obama when he was a kid loved spiderman and the incredible hulk, but being everywhere, being

here, for example, as the cantor sings the kaddish in hebrew, the chorus underneath sings the lord's prayer in english. each of them a doxology, a hymn praising god. >> the kaddish is a doxology. the lord's prayer is a doxology, though the yizkor requiem begins with the kaddish prayer, which is what every jew says at the yahrzeit, the annual remembrance of anyone in his family who has died. >> reporter: another similarity which beveridge accents musically: the word "holy," repeated here three times in hebrew-- kadosh, then three times in latin-sanctus. ♪ but make no mistake: while much of this composition is solemn, parts are also light-hearted, or what beveridge calls "lickety- split." ♪ "i wanted," says beveridge, "to give the impression of a train that gets going and keeps going, going along." >> it's not all very ponderous stuff. there's a lot of joy in it. the joy of recognizing that a departed soul may be resting in eden, in the garden of eden. >> reporter: perhaps the most dramatic moment of all in the yizkor requiem comes at the end, when a single flute plays a plaintive

the republicans, like, you know, eric cantor are hypocritical. the reason we have the problems there is because they ignored it for so long, would not honor the request that our commanders made for troops, and focused so much on iraq, which had nothing to do with the events of 9/11. >> and within this context, how should we view the election irregularities in afghanistan, which certainly don't help the cause politically, but should we be separating that from the military operation in afghanistan? >> no, i don't think you can. because at some point, we're going to have to turn it over to the afghan people if we have enough security forces, and you're going to have to have a government that can provide security and can provide justice. and until you do that, that's a big problem. and i think that's almost even more critical than the number of troops to ensure that you get a government that has the support of the people and is not corrupt. >> the obama administration has reached out to congress and to the staff and has asked them to draw up a list o

>> i think thinks language is a little bit better than the folks like congressman boehner and eric cantor, who want to ascribe these negative molt vagtivation everything the president does. the truth is when we're looking at this defense system that will be ready seven years sooner from that of the previous president obama and his plan. it's not a complete reversal. it's a change so it's more responsive, ready sooner, costs less. and i think that in all of the rush to criticize everything that the president does, there's been an ignoring of these facts. also, it was unanimously recommended by secretary gates and the joint chiefs of staff. so the republicans criticizing this decision should think do they feel, you know, is this something secretary gates needs to really answer to senator mccain and congressman cantor? these folks i think need to respect a decision, the unanimous decision of the president's advisers. >> it's alex here. i want to talk about what the president said in explaining his decision. let's take a listen to what he said and we'll react on the other side. >> our new app

as we lve you this week cantor abraham lubin from conegation beth el ibethesda, maryland. captioning sponsored b the lilly enwment captioned by media access group at wh access.wg.org 2novg2c no2noc

house republican whip eric cantor, who corrals republican votes in that chamber and sends texts during presidential addresses -- i am sitting on my butt -- was asked whether he, like the president, could make concessions in his party's positions on health care. as you will see, his response entailed turning into the big concession he wants democrats to make. >> the president did show some support for what you just talked about, john mccain, senator john mccain, he did show support for that plan and he did make some concessions. you talk about the guarantees, but are you willing to some compromises of your own now to go back to the table? >> well, you know, robin, i think it's very important that we dismiss this notion of a government option. i think if we listen to the american people right now the fear surrounds this notion that somehow the government will replace the health care system that we know in this country. >> republican refusal to budge markedly out of step with the country, new polling suggesting today not only does the majority of this nation continue to support both mr. o

as we leave you this week cantor abraham lubin from congregation beth el in bethesda, maryland. captioning sponsored by the lilly endowment captioned by media access group at wgbh access.wgbh.org

eric cantor believes there's more important issues on health care in this country. he tells a woman pressing for the public option to turn to charity for help. yes, we can meets the u.n. general assembly. >> the time has come for the world to move in a new direction. we must embrace a new era of engagement based on mutual interest and mutual respect. >> tonight, on the world view of his young presidency, our special guest, her majesty, queen noor of georgia. >>> and then there's moammar gadhafi, a wild speech, but the drama about where he's going to sleep in the u.s. could be its own new reality show. where will gadhafi get to pitch his traveling tent? >>> and going global. sarah from alaska takes her show on the road all the way to hong kong. >> and i call it like i see it and i will share candidly with main street, usa. >> she goes all the way to china to bring up death panels. could she just stick to facebook and skip the jetlag? all that and more now on "countdown." >> you can actually see russia.

first of all, representative cantor is right in one respect. in the plan you'll see republican proposals and democratic proposals. not everything in the president's plan is going to become law, but some of it may. there is a large swath of agreement on most of the health care plan. real health care reform, reform we haven't seen in decades, we're right on the verge of getting it. if some republicans can put aside the need to have an issue instead of health care reform, we may actually get a bill and americans can get what they voted on in november. >> kevin madden, are we going to have rare agreement here today. >> i think it would be a departure if the president were to reach out to republicans. up until this point he has only focused on criticizing republicans and painting them as an obstacle to reform. when, in fact, republicans have been at the table and insisting upon some sort of bipartisan solution to many of the health care reform issues that are out there today. so if the president really wants to reach out to republicans, he's going t

if we're waiting for eric cantor to come around, beal waiting a long time. >> i was wonder last night as i heard that speech the key thing that people who were not hugely involved taken away, the idea it would be illegal to deny insurance based on pre-existing conditions. this would seem, i would think, to the average person who may or may not know what party president obama belongs to, to be something akin to coming from heaven. >> no doubt about it. for all the criticisms of a government inform run health plan, we never heard of the term pre-existing condition when- medicare and medicaid. that's right. we need to help reform insurance. i hear these surveys of people who like their insurance companies. most like them until they have to get in touch with their insurance companies and get care from them. but the republicans have to realize they'll get left by the side of the road here. some of the concerns we democrats have is we're in charge of governing the house and the senate and now the white house. we've got to have initiatives that work. if we're going to be waiting for that coo

eric cantor believes there's more important issues on health care in this country. he tells a woman pressing for the public option to turn to charity for help. >>> yes, we can, at the u.n. general assembly. >> the time has come for the world to move in a new direction. we must engage in an era of mutual interest and mutual respect. >> our special guest, majesty queen noor. >>> where will gadhafi get to pitch his traveling tent? >>> and going global, sarah from alaska takes her show on the road, all the way to hong kong. >> i'm going to call it like i see it and i'm going to speak with you candidly about main street usa. >> she goes all the way to china to bring up death panels. could she just stick to facebook and skip the jet lag? all that and more now on "countdown." >> you can actually see russia.

. >> reporter: republicans like eric cantor rushed to wilson's defense. >> he admits that what he did was inappropriate. he was on national television indicating he shouldn't have done it. he wouldn't do it again. >> reporter: but democrats moved ahead with the rebuke of wilson with steny hoyer of maryland introducing the resolution. >> what is at issue is importance to this house and to our country. and that issue is whether we are able to proceed with a degree of civility and dequorum. >> reporter: according to house rules, members are not allowed to call the president a liar, hypocrite or charges that he is intellectually dishonest. >> i don't think we can let it go untouched. >> reporter: one of those voting in favor, donna edwards told us, even though the president accepted wilson's apology, the house has its own rules. >> the problem, it was a personal apology which i think was important. mr. wilson committed a public offense and be station. that's why we have to issue the sanction. >> reporter: now, this vote wrapped up a short time ago. it came down along party lines. but this

so hats off to bgc as well as cantor fitzgerald and all those out there who are serving our country on this national day of service. coming up next we head to the pits and tell you why options traders are betting big on then't casino names. should you double down along with them or walk away? you're watching "fast money" on cnbc, first in business worldwide. >>> welcome back. time now for "fast flash" when we alert to you a stock or index hitting a major milestone. the vix briefly, if you blinked you might have missed it. 52-week low intraday, pete. tell me about this because you're the one saying maybe, maybe not. >> we definitely got to a low today. what that low was exactly i'm not really sure. i mean, it was a real fractionate moment where we hit a low. but nonetheless we're down at the very low end. got to look at that and you've got to think to yourself given the marketplace that we've got and some of the concerns you've all got here, whether -- >> and the anniversary of lehman coming up. >> all of that adds up to me to tell me that it's an okay area to own some volatility right

so hats off to bgc as well as cantor fitzgerald and all those out there who are serving our country on this national day of service. coming up next we head to the pits and tell you why options traders are betting big on the casino names. should you double down along with them or walk away? you're watching "fast money" on cnbc, first in business worldwide. he ran off with his secretary! she's 23 years old! - oh, come on. - enough! you get half and you get half. ( chirp ) team three, boathouse? ( chirp ) oh yeah-- his and hers. - ( crowd gasping ) - ( chirp ) van gogh? ( chirp ) even steven. - ( chirp ) mansion. - ( chirp ) good to go. ( grunts ) timber! ( chirp ) boss? what do we do with the shih-tzu? - ( crowd gasps ) - ( chirp ) joint custody. - phew! - announcer: get work done now. communicate in less than a second with nextel direct connect. only on the now network. , hard of hearing and an people with speech dischities accessac.sprintrelay.com. most people try to get rid of algae, and we're trying to grow it. the algae are very beautiful. they come in blue or red, golden, green. al

eastern minority whip eric cantor will join us from washington. he's following developments in pittsburgh carefully. then interview with kmergs commerce secretary gary locke. first to cnbc studios and beck for this morning's headlines. good morning, beck. >> citigroup may plan to scale back banking. citi is planning on concentrating six major metropolitan areas, new york, los angeles and san francisco. but sources close to the bank tell cnbc that report may be premature even though citi is rethinking its former strategy. >>> former fed chairman paul volcker wants tough restrictions. adviser to president obama will testify before the house services committee today. he said commercial banks should be prohibit freddie running hedge funds and private equity funds as well. >>> and the obama administration plants to start posting reports next month on the number of jobs created and saved by the $787 billion stimulus package. "wall street journal" said recipients won't differentiate between jobs created and jobs saved but they will have to think about wh

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bobby scott and eric cantor holding a joint session in richmond. the president in these interviews denied that what we're talking about forcing people having mandatory health insurance, that ultimately ends up being a new tax on people. i assume that debate is going to coue. >> the president ran into it. if you do not currently have health insurance, you will be required to have the knowledge -- mandatory health insurance coverage. since it is, to cost something, the government is going to charge you a fee for it. that is the equivalent of a tax. today, two virginia congressmen tried to have a debate in a town hall type forum. they had a civil exchange themselves. eric cantor actually took it upon himself to contradict president's yesterday. here is a little bit of how he put it. >> the president was on tv yesterday morning saying it is not new taxes. in this bill and in the senate bill, it calls what they are charging employers and individuals a tax. it is in the irs section of the house bill. it is an excise tax and labeled as such. >> coming up

cantor spoke. the republican leader of the senate added, i think we ought to treat the president with -- with respect and anything other than that is not appropriate. that's what this resolution is about. it's a resolution of disapproval. this resolution is not about the substance of an issue but about the conduct we expect of one another. in the course of doing our business. senator john core unanimous, the chairman of the -- cornyn, the senate campaign committee stated this, quote, there's a time and a place for everything and that was not the time or the place for that kind of comment. in the absence of mr. wilson's expressing his regret for acting in a manner that almost all agree, and every republican that i've talked to as well as every democrat that i've talked to, was inappropriate, contrary to the spirit of the rules of the house and the common courtesy that we should extend to all and particularly to the president of the united states of america, our president. i expected to extend that s

eric cantor will be co hosting one of these events. congressman, good to have you here. what are you trying to do here, with a civil discourse, to bring the focus perhaps back to what matters on both sides? >> i think next week what i will be doing is meeting together with a colleague on the other side of the aisle, bobby scott of virginia. we both represent the greater richmond area. we will be engaging in a very civil discussion about health care reform. obviously, we come from different perspectives but i believe it is very much what the president came to capitol hill last week and wanted us to do, which was to set aside the partisan bickering and to try to get down to business to see where we agree so that we can move forward on meaningful health care reform that does not necessarily mean replacing the government for the current system. martha: we listened to the president and heard him say the other side is trying to scare you, that you will be forced into a public option. he said no one would be forced into the public option, which, by the way, he was still pushing