U.S. Destroyer, Oil Tanker Collide; Bus Accident Caught On Video
FEYERICK: Well, checking our top stories. The presidential campaign moves into a higher gear with the GOP ticket now set. Mitt Romney just finished addressing supporters in St. Augustine, Florida. Later today, he'll speak in Miami. His new running mate Paul Ryan has his first solo event in Des Moines. President Obama has two speeches in Iowa today as part of a bus tour through the state. And Joe Biden stunts in Durham, North Carolina. Well, talk about a traffic accident. The crew of the "USS Porter" is checking damage after the guided missile destroyer collided with the Japanese oil tanker. The accident happened early Sunday near the Strait of Hormuz. No one on either Navy ship or the oil tanker was injured. And look at this incredible view of a bus accident as it happens caught on video. It shows the moment of impact. Look at that. When the Kansas City Transit Authority bus swerved to avoid a car careen down an embankment and then rolled over. Thirteen people were injured. Police say they will use the tape in their investigation. And Democrats wasted no time in trying to frame Congressman Paul Ryan as a part of the far right fringe even using his own controversial budget plan in a new ad.</s>UNIDENTIFIED MALE: The Paul Ryan budget, which cuts aid to the disabled, which cuts aid to immigrants' children, which cuts aid to the elderly.</s>FEYERICK: And that is a web ad video clips of Ryan and Mitt Romney are throughout the ad endorsing the proposal, which changes Medicare and promotes privatizing Social Security. Romney and Ryan went on "60 Minutes" hoping to keep the focus on the economy.</s>ROMNEY: Got real problems, domestically, you have 23 million Americans out of work or stopped looking for work. The president has not been able to get this economy going. I believe that you have to have folks that have the kind of capacity and experience that we have to get America back on track.</s>FEYERICK: So let's talk about the choice and the Democrats' response. R.T. Rybak is the mayor of Minneapolis, Minnesota. He is also the vice chair of the Democratic National Committee. Mr. Mayor, we heard Mitt Romney there talking about the economy. Paul Ryan, he is a numbers guy. He knows the budget. He's going to force the issue. Does this trouble you, the chances of winning with him on the ticket?</s>MAYOR R.T. RYBAK (D), MINNEAPOLIS: Well, I think basically what we've seen is what Mitt Romney was trying to get the American public to buy they didn't buy. And so he basically outsourced his policy to one of the architects of the policies that led to gridlock in Congress. Congressman Paul Ryan supported a budget plan that does some pretty extreme things. All the shift to the -- against the middle class just to give huge tax breaks to the rich while doing a few things, cutting the things that matter, assisting for kids to get through college, helping young kids get early childhood, and most important, really ending Medicare as we know it. It's going to need to possibly up to $6,000 more for a senior for risky voucher scheme. We know what happened when George Bush proposed doing it with Social Security. With the strong support of Paul Ryan and now there's this whole other extreme. So is America going move forward with the president trying to pull this country together or take an extremely conservative right wing ideologue out of a Congress that has shown an inability to govern?</s>FEYERICK: Well, Mitt Romney says, with all due respect, that Paul Ryan's plan is not his plan. That he's going to come up with his own plan. Is the Democratic strategy, in part, to focus on groups who really have the most to lose and perhaps instil a little bit of additional fear?</s>RYBAK: Well, if you talk about the middle class as a group, the answer is yes. This is an election about the middle class. And if you go to barackobama.com/taxcalculator, you'll see pretty simply what the Romney budget has already proposed. Now Romney left a huge number of holes including saying he would eliminate tax breaks, but, what, the ones he's benefitted from? We don't know. Now Ryan has put some meat on the bones, but it's really under the guise of deficit reduction. Something that balloons our deficit, but cuts all the things that we know work, getting people to school, getting investments in emerging industries, all of these things just so that we can get more tax cuts to the very, very wealthy? Yes, the middle class, you call it an interest group, I call it what really makes America work and that is what the president is focused on. Romney/Ryan is all about take from the middle class and give to the very rich. It doesn't work. It didn't work under Bush. If it would have worked, the economy would have soared under Bush but it collapsed. It's not going to work under Romney/Ryan.</s>FEYERICK: But at the same time, Ryan is a fiscal, social conservative. He is from a district that voted for Bill Clinton, Barack Obama, a swing district. He's young, smart. Really almost the kind of person that people were saying Barack Obama was four years ago. Are you worried that perhaps Paul Ryan is now the new face of hope and change?</s>RYBAK: Well, Paul Ryan is -- seems to be a nice enough guy with an incredibly mean spirited budget. I mean, I don't really think hope and change is taking a senior who's really been about building their neighborhood and this country. And saying to them, we're going to turn something you depended on for your financial and health security and turn it into a risky voucher scheme or what if we had listened to Paul Ryan and George Bush when they wanted to put the Social Security into the stock market and the stock market collapsed? Could you imagine what mess we would be in now? Think about what they are proposing doing. And then think about what's happened in Congress and personalities are one thing. They matter but Congress matters a lot. Congress has demonstrated its incapable of governing under this Republican leadership. Paul Ryan has been one of the key leaders. When you really think about what the strategy must be with the Romney campaign. They're afraid of it enough that all of a sudden this great partnership between Romney and Ryan kind of breaks off when it's time to go to Florida and talk to seniors. So they've got him on a bus to Iowa while Romney goes down to pretend that seniors in Florida are not at risk when they are.</s>FEYERICK: The campaign has said that Paul Ryan will be going down to Florida, just not right now, but at the end of the week. OK, Mayor R.T. Rybak, thank you for your insights. Thanks for joining us live there for us in Minneapolis this morning.</s>RYBAK: Thank you.</s>FEYERICK: Well, help may be on the way for homeowners. We'll have details on some proposed rules for lenders that are designed to keep homeowners in their homes.