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What Will Boehner Do?; Unanimous Jackson Verdict; ATM Fees At All-Time High; Whitner Changing Name To Hitner

Aired October 3, 2013 - 06:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


JOHN KING, CNN CHIEF NATIONAL CORRESPONDENT: Watch for the market forces here. The financial markers are one driving factor. A lot of Americans just got their savings back after 2008. They got back to that post-financial crisis. If the markets start to tank, that's going to get people angry. And I'll call local politics factors.

The only way to move some of these House rebels who don't follow their leadership, who don't care what President Obama says, if they start going home, and the local pizza guy, the local car dealer says, hey, wait a minute, do something about this.

KATE BOLDUAN, CNN ANCHOR: So, let's talk about the math. Let's talk about the votes.

The way it looks right now, it looks like the votes are probably there to pass a clean funding bill without any health care elements on it with Republican and obviously a lot of help from Democrats. Why then does John Boehner see more upside in not allowing that vote at this moment?

KING: It's more -- it's not so much more upside, it's more about what the potential downside is. You know this, Kate, from your days wandering the Hill.

We don't live in a pure democracy. The democracy does not rule in the sense you have 435 House members, let's see what can get a majority of votes and bring it to the floor. If that were the case we would have passed immigration reform.

BOLDUAN: Yes.

KING: We would have passed some version of tax reform months ago. The leadership decides what comes to the floor. The leadership also decides to pass the rule in the Rules Committee that tells you how many amendments can be offered, if any amendments can be offered.

So, it's not a pure democracy. If Speaker Boehner, a Republican speaker, starts to say, I'm going to get most of my votes from the Democrats, then he's undermined his credibility as the leader of the Republican Party, even though he is furious with group of conservatives. He is -- I hate to use the word, and he doesn't like it -- but he's essentially a hostage to them right now.

BOLDUAN: And doesn't it also speak to the layout, the landscape of the district map? There are more Republicans that are in safer, more conservative districts, they are listening to their constituents, so they feel very safe dragging this out.

KING: And this works both ways. At the moment, the focus is on the Republicans. But there are, I believe, 17 Republicans -- only 17 Republicans of 230 plus in the House who go home to districts carried by President Obama. Most of them go home to districts the president lost by 12, 15, in some cases 25 and 30 points.

What I call the cancer in our politics is the fact there are so few competitive House districts across the country. Most lawmakers and this is true for the Democrats, too, most of them live in districts where they're not worried about a challenge from the other party. They're worried about getting beat in a primary. That if they can win the primary, they're guaranteed almost of winning the general election.

So, a lot of these conservatives are saying, I have such a conservative district, if I don't do this, I'll get beat from the right. The lack of competitive House races in the country is a huge -- I would say the defining factor in the polarization that we've seen for years now.

BOLDUAN: You're absolutely right. It's on the right and the left. The Republicans and the majority, really see them flexing their muscles in that regard right now.

KING: That's right.

BOLDUAN: Thanks, John.

KING: Thank you.

CHRIS CUOMO, CNN ANCHOR: Something I want us to work on is to show what you guys are talking about right now. People ignore it. They're like, yes, yes, appropriation.

BOLDUAN: It sounds technical and it sounds like we're just talking politics.

CUOMO: Right.

BOLDUAN: But it has real-life implications in how -- what legislation is taken up and what part -- and how people -- how push people to compromise, I guess.

CUOMO: Right. And I think it's key, because, you know, I assume that politicians do what they think is best for them. Why do they think it's best for them?

Let's show where the districts are and how it is. I think it's meaningful to do.

And also, the longer the shutdown goes, the more it will mean in midterm elections for both parties.

BOLDUAN: That's an appropriate point.

CUOMO: So, the timing is a faction there also.

BOLDUAN: Yes.

CUOMO: All right. Let's take a break, when we -- we're not going anywhere -- but when we come back here on NEW DAY, a jury says the Jackson family cannot collect from concert promoter AEG in the death of the King of Pop. There is a twist in the case, though, and we're going to tell you what it could mean for the Jackson family.

BOLDUAN: And also this, with so much hate in the world -- love blooms, at least at a London zoo. They're celebrating the birth of their first tiger cub in nearly two decade. We're going to introduce you to the little ball of fur, ahead on NEW DAY.

(COMMERCIAL BREAK)

BOLDUAN: Welcome back to NEW DAY, everyone.

Let's get straight over to Indra for another check of the weather and the forecast this morning.

Good morning.

INDRA PETERSONS, AMS METEOROLOGIST: As long as it's good, we're all happy. It's going to stay that way for just a hint longer. Temperatures 10, 15 degrees above normal out there.

But you'll notice, there are some cloud icons on here. There's a reason for that, even though it stays warm. We are going to be talking about showers in the forecast.

So, let's talk about this. First up, this is making its way to the Midwest today, not a huge rainmaker. It's just a general area, about one to two inches. But it does have the potential for severe weather.

So, with that, we could see some of those heavier thunderstorms out there, notice right around Nebraska and Iowa, even a threat for tornadoes is in the forecast, but especially severe thunderstorms and large hail and strong winds in the region.

Now, the same system will eventually make its way into the Northeast late tonight in through tomorrow. By then, it should start dissipating. So, not that strong weather. Enough to get the ground wet, maybe about one to two inches of rain, kind of in the Northeast again. That will be mostly in through tomorrow.

The bigger story is going to be the storm behind it. This is the one that's now making its way through the Pacific Northwest. It's going to be a huge snowmaker, pretty early in the season again, one to two feet of snow possible, especially out towards Wyoming, but even Colorado, those peaks could start to see a couple of flurries out there.

But what happens here is once this storm kind of exits the region and it makes its way East. Remember, that is a really cold storm bringing all that snow. Look at the temperature contrast right across the country there. So, when you start to see that, you're going to be talking about a severe weather outbreak. That's what we're looking for as we go in through tomorrow.

You'll notice, especially the High Plains, even in through the Midwest, possible tornadoes, something we haven't seen for a while, a very quiet season so far. But, unfortunately, this does make its way back into the forecast. Again, that big story is going to be in through tomorrow. Today, snow, but beautiful in the Northeast.

BOLDUAN: All right. We're watching it. Thanks, Indra.

PETERSONS: Sure.

CUOMO: All right. We want to talk to you about the Jackson family lawsuit. Now, it turns out there will be no closure of a financial nature for the Jacksons. Their wrongful death suit could have been worth a billion dollars.

For Wednesday, a jury unanimously awarded them nothing, clearing Michael Jackson's tour promoter of all wrongdoings.

CNN's Miguel Marquez is live in Los Angeles with why.

Good morning, Miguel.

MIGUEL MARQUEZ, CNN CORRESPONDENT: Yes, good morning there, Chris.

This is a shocker of a verdict given how long this case went on and how much evidence was put out there. The jury form itself was long as well, 16 questions answered, five of them had to be answered in Jackson's favor before they could get to the damages.

The jurors only got to question two.

(BEGIN VIDEOTAPE)

UNIDENTIFIED FEMALE: Has the jury reached a verdict?

MARQUEZ (voice-over): This morning, the verdict in the Michael Jackson wrongful death civil suit sinking in.

KEVIN BOYLE: We, of course, are not happy with the result as it stands now.

MARQUEZ: Jurors speaking out.

KEVIN SMITH, JUROR: Michael Jackson was pretty used to getting his own way.

MARQUEZ: AEG Live may have hired Dr. Conrad Murray, but Michael Jackson was responsible for his own care.

SMITH: If anybody said, no, well, they were out of the mix and he finds somebody else.

MARQUEZ: Jackson's mother and children sought as much as $2 billion from the concert promoter from what they claim was the company's role in hiring and supervising Dr. Conrad Murray, who was convicted in 2011.

UNIDENTIFIED FEMALE: Guilty of the crime of involuntary manslaughter.

MARQUEZ: For administering a fatal dose of the surgical anesthetic Propofol to the pop star.

GREG BARDEN, JURY SUPERVISOR: It wasn't easy for anyone.

MARQUEZ: The verdict, all the more stunning.

UNIDENTIFIED FEMALE: Question number two.

MARQUEZ: As jurors found Dr. Murray competent when AEG hired him.

UNIDENTIFIED FEMALE: Was Dr. Conrad Murray unfit or incompetent to perform the work for which he was hired? Answer, no.

BARDEN: Conrad Murray was hired to be a general practitioner, and maybe had the word ethical been in the question, it could have been a different outcome.

MARQUEZ: The jury deliberated 13 hours after sitting through five months of testimony and the presentation of thousands of documents. This much less publicized trial full of twists and turns, including testimony from Jackson's crying mother Katherine and the mother of Jackson's children, Debbie Rowe. The stress of the trial affecting Jackson's daughter Paris, hospitalized and still getting special treatment after a suicide attempt.

(END VIDEOTAPE)

MARQUEZ: Michael Jackson's mother Katherine released a statement saying she was at least happy that the jury found that AEG did in fact hire Dr. Murray but both she and her lawyers say they will look at every legal possibility coming out of this verdict. My guess is this may not be the last Jackson trial -- Kate.

BOLDUAN: All right. Miguel, thanks so much.

Let's go around the world, starting in Kenya where the Somali terror group al Shabaab is making a chilling new threat against the Kenyan government.

Nima Elbagir has the latest from Nairobi.

(BEGIN VIDEO CLIP)

NIMA ELBAGIR, CNN INTERNATIONAL CORRESPONDENT: Al Shabaab are determined to press home their advantage. Now, warning Kenyans to prepare for a long and gruesome war ahead. The Kenyan government says it is already at the highest of alert levels. That's scant comfort for those still struggling to cope with the aftermath of the horrific event at the Westgate shopping center, now being told they have greater reason for anxiety. Back to you, Kate.

(END VIDEO CLIP)

BOLDUAN: All right. Nima, thank you so much.

And a high honor for Russia's president. He's been nominated for a Nobel Peace Prize.

Matthew Chance has more.

(BEGIN VIDEO CLIP)

MATTHEW CHANCE, CNN SENIOR INTERNATIONAL CORRESPONDENT: He's not everyone's idea of a Nobel Peace Prize winner. But Russian President Vladimir Putin has been nominated for that honor. A Russian advocacy group recommended President Putin for the prize, crediting him with peacefully diffusing the chemical weapons crisis in Syria. U.S., remember, had threatened strikes on Syria before a deal to disarm the country of its chemical weapons was brokered by Moscow. Not mentioned though was Russia supply of conventional weapons to Syria, or its harsh crackdown on Putin's opponents at home.

Back to you, Kate.

(END VIDEO CLIP)

BOLDUAN: All right. Matthew, thank you so much.

And a very exciting event at the London zoo. The birth of the first tiger cub there in 17 years.

Erin McLaughlin has that.

(BEGIN VIDEO CLIP)

ERIN MCLAUGHLIN, CNN INTERNATIONAL CORRESPONDENT: Say hello to the latest edition of the London zoo, a baby tiger cub. Zookeepers captured the cubs and its mom a rare Sumatran tiger named Melati on special hidden cameras. Now, we don't know if the cub is a boy or a girl. They're trying to give these two a little bit of privacy at first. They even kept the pregnancy a secret. Melati and her cub will hang out in special dens for the next couple of weeks before the public is allowed to visit.

Back to you, Kate.

(END VIDEO CLIP)

BOLDUAN: All right. Erin, thank you so much.

What were you saying?

CUOMO: Tigers have dots on their ears.

BOLDUAN: Yes. CUOMO: It looks like they have eyes in the back their head.

BOLDUAN: They do.

CUOMO: It's intimidating --

BOLDUAN: It's already intimidating.

CUOMO: Just clothes pins back there.

Coming up on NEW DAY, with the economy struggling and now the shutdown, it's good that banks are responding by raising fees to record highs. So what is a consumer to do? We have some advice for you.

BOLDUAN: Plus, this cameraman is trying to get the shot but someone keeps horsing around. And this is just the beginning. It's our must- see moment, just ahead.

(COMMERCIAL BREAK)

PEREIRA: This song is appropriate for this. Welcome back to NEW DAY. Bank fees, they are hitting record highs. That includes ATM fees which are at an all-time high. Overdraft fees increased for a straight 15-year. How high are they going to go? We put the question to Christine Romans. How bad is it going to be? First of all, why is this even happening?

CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: You know, the banks say it costs between 250 and $300 a year to keep just a checking account for you, right? And, they say, after Congress put these restrictions on overdraft charges and jacking up their interest rates, they had to find a way to make money. So, if you -- they charge higher ATM fees. They charge higher overdraft fees, and that's how they make money from your money, Michaela.

PEREIRA: This one is already shaking his head.

ROMANS: I know. He doesn't buy it.

CUOMO: I buy it. I just think it's wrong, especially when you got record bailout, the biggest welfare program in the history of the world and you're going to find out ways to edge out on people who are living at the margins makes me sick.

ROMANS: They say 250 bucks a year, they got to get that money back somehow. Now, here's one thing --

CUOMO: Why are they going to get it back? They're making tons of money. But anyway, continue.

ROMANS: I mean, they say that -- credit unions are not for profit. We're talking about banks here. Banks are here to make a profit. They're not here to do a service for us, right?

CUOMO: True. ROMANS: The bailout point is very well taken. They were bailed out in their time of crisis. No question. But they're not really giving a bailout back on the bank fees, no question.

BOLDUAN: So, bank fees are high. Are they going to go higher?

ROMANS: Yes.

BOLDUAN: How high can they go?

ROMANS: I think they could still keep moving higher. And I think that you're really in trouble if you have overdraft protection and you are -- look, if you don't have enough money in the bank and you go buy something --

(CROSSTALK)

ROMANS: I don't think so? No. I mean, i think they can keep charging fees, which is why record numbers of people are going to credit unions. They're going to credit unions or they're trying, they're looking, they're using technology, finding online banks or finding shopping for banks that has the lowest fees.

And you can do that. I mean, I really encourage people, do direct deposit. That's a really -- if you direct deposit, sometimes, you get free checking. That can help offset things.

PEREIRA: So, let's talk about that, because we don't want to leave people with all the doom and gloom.

ROMANS: Right.

PEREIRA: What else can we do? Obviously, figure out where there's ATMs that you bank with so you don't get those extra, extra fees, right?

ROMANS: Most of the ATM fees are going to the same percentage of people who just don't care. They will not walk an extra block, Michaela Pereira, to make sure they're in the right atm. You don't feel it right away, too, right? You don't feel the two bucks or then the 4.50. So, look, the first thing I would say is check out credit unions. Make sure that you are using the bank in your network when you're getting an ATM fee.

Link your checking and savings account so that you can very quickly -- look at the technology. With your phone, you could move a hundred bucks over and avoid an overdraft charge. And turn off overdraft protection.

That means is, if you put on overdraft protection and you go and use your debit card or credit card, and boom, you don't have enough money in the bank, you're going to pay 40 bucks, 35 bucks just like that. So, I say it's better to be embarrassed and I have money in the bank than to pay --

CUOMO: It's better to balance your checkbook. Be responsible. You don't have to worry about somebody taking advantage.

ROMANS: There are a lot of paycheck to paycheck Americans who are -- and they're getting a lot -- the people who least can afford it are the ones who are paying these fees.

PEREIRA: We want to get people at home in on the conversation, so make sure to tweet us with what you think about all of this business, use the # EWDAY. Christine Romans, fantastic advice. Thank you so much.

ROMANS: You're welcome.

PEREIRA: I want you to stick around for the "Must-See Moment." This is genius. A corporate (ph) American TV show in Chile shooting an episode profiling a horse trainer known for his tender dossal (ph) animals. Check out Chun-Chun (ph). Tried a little tenderness himself with the particular crew member. Chun-Chun kanoodling him, nibbling his ear --

ROMANS: Look at those teeth.

PEREIRA: His neck bites his ears.

CUOMO: That's a brave cameraman.

(CROSSTALK)

PEREIRA: The cameraman is consummate professional. He keeps shooting or crazy.

CUOMO: He is gnawing on his head like a post.

PEREIRA: But wait, it gets better. Fast-forward and it was like -- your cologne is so lovely.

(LAUGHTER)

CUOMO: No. He's eating his shirt.

BOLDUAN: He's hungry.

PEREIRA: But apparently, the interesting thing, though, there's been a development. The cameraman and Chun-Chun are now --

(LAUGHTER)

PEREIRA: You think that. They are now corresponding on Facebook and their relationship status, "complicated."

BOLDUAN: Wait, wait, wait. The horse and the --

PEREIRA: I'm telling you the truth.

BOLDUAN: -- and the --

PEREIRA: And the cameraman are now friends on Facebook. (CROSSTALK)

BOLDUAN: I think this has just gone from adorable to creepy.

CUOMO: You can't tell your heart who to love.

(LAUGHTER)

PEREIRA: Christopher Cuomo.

(LAUGHTER)

CUOMO: You can't tell your heart who to love.

PEREIRA: That's right. You can't.

(LAUGHTER)

PEREIRA: Love just wants to find a home.

CUOMO: I'll tell you what, though. He's a great man, horse bites, no joke.

(CROSSTALK)

PEREIRA: He actually looked like he was kind of uncomfortable.

BOLDUAN: All right. But it was still sweet. Thank you.

PEREIRA: There you go.

CUOMO: Coming up on NEW DAY, a White House meeting involving the top leaders in Congress goes nowhere. And fallout from the government shutdown continues. We're going to talk with Congressman Chris Van Hollen, a Democrat from Maryland about what it will take to make the impasse go away.

BOLDUAN: Plus, you've seen the video of that violent road attack between a pack of bikers and a family in an SUV. We have new pictures today showing what happened after the video stopped. And here to talk to us about it, one of the motorcyclists who was at the scene.

(COMMERCIAL BREAK)

CUOMO: Like most of life, baseball success is often about timing, peaking at the right time, specifically. And the Tampa Bay Rays are not only winning games, they're doing it on the road at the right time. Let's bring in Andy Scholes. Tell us the significance.

ANDY SCHOLES, BLEACHER REPORT: Hey, you know what, guys, the Rays, they just don't want to go home. Since Sunday, they've won in Toronto, Texas, and Cleveland. Now, it's on to Boston. Last night, in the A.L. wild card game, Delmon Young, he got the scoring started for the Rays in the third inning with a towering solo home run. That's all the Tampa Bay Rays would need. Alex Cobb and a trio of relievers shut out the Indians. Rays win the game 4-0. They now advance to play the Red Sox in the divisional series. The playoffs, they roll on tonight on TBS. The St. Louis Cardinals is going to host the Pittsburgh Pirates in game one of their five-game series.

First pitch is at 5:00 p.m. eastern. That one is followed by game one between the Dodgers and Braves at 8:30.

All right. One of the top stories on BleacherReport.com today is about how 49ers safety, Donte Whitner, wants to legally change his name to Hitner. Now, Whitner got permission from his mom before his lawyer filed paper work in Ohio to formally remove the "W" from his last name.

Whitner is known as a big hitter. He's been fined $21,000 just this past Thursday for leveling a Rams wide receiver. And guys, it's not going to be cheap for Whitner to change his last name. According to NFL rules, if he wants to do this mid-season, he's going to have to buy all of the merchandise that has his old last name on it.

BOLDUAN: Really?

Scholes: All those jerseys and T-shirts in the pro-shop, he's going to have to walk in there and buy them all.

BOLDUAN: What's your guess, how much could that cost?

SCHOLES: Donte Whitner, I'm not sure there's that many jerseys in the pro-shop, but it's going to be up there. It's going to be a few thousand dollars at least.

BOLDUAN: My goodness.

CUOMO: You can answer the question yourself. Do you know Donte Whitner is?

BOLDUAN: No.

CUOMO: And there you go. Thank you for the "Bleacher Report," Andy Scholes. Although, you might know who is (INAUDIBLE) everybody.

BOLDUAN: OK. Thanks, Andy.

We're now very close to the top of the hour, which means it's time for the top news.

(BEGIN VIDEOTAPE)

REP. JOHN BOEHNER, (R) HOUSE SPEAKER: The president reiterated one more time that he will not negotiate.

CUOMO: Meaningless meeting. Congressional leaders and President Obama finally talk in person but no deal. The president now making a new offer. Details ahead. BOLDUAN: The gathering storm. Tropical storm Karen could form within hours. The Atlantic 'slow hurricane season about to get a jolt. So, where is it heading?

PEREIRA: New evidence in a terrifying scene. A motorcycle pack allegedly attacking a family in an SUV. New photos show what happened after the video stopped. A witness speaks here this morning.

CUOMO: Your NEW DAY starts right now.

ANNOUNCER: What you need to know --

UNIDENTIFIED MALE: The Republican's piecemeal (ph) approach, it's a gimmick, it's a ploy, it's politics as usual.

ANNOUNCER: What you just have to see --

This is NEW DAY with Chris Cuomo, Kate Bolduan, and Michaela Pereira.

(END VIDEOTAPE)

CUOMO: Good morning. Welcome back to NEW DAY, seven o'clock in the east. It is Thursday, October 3rd, also day three of the shutdown. Coming up this hour, we're going to talk to you about how there is no sign of progress on a deal, and there are very serious consequences for every day Americans from food safety fears to flu shot concerns.

So, what are we going to do to stop them? We're going to talk with members of Congress to find out why they haven't fixed this mess yet and what it all means about the coming debt ceiling which could not matter more. Congressman Chris Van Hollen and Congressman Steve King will be here to give us the two sides of the equation.

BOLDUAN: And then, Michael Jackson's family misses out on a billion dollar payout. A jury finding that Jackson's concert promoter, AEG Live, was not liable in his death. His family, though, believed AEG should pay because they thought the company is the one that hired the doctor, gave Jackson the drugs that killed him. And the complicaated case may not be over yet