garfield having only had a presidency that lasted about 200 days or so. cooliage is quite a choice because, yes, he was president during the roaring '20s. but his policies led to the great depression. so interesting stuff. >> yeah, and bottom line, will we ever see something etched in to this? you know? or is it just one of those conversation pieces, joe? >> people have proposed it. >> you never know. >> who knows, right. you never know. >> thanks, joe. your next political update will be in about an hour. for all the latest political news, you can go to our web site. that does it for us. it's the top of the hour. are you ready to go? >> i'm ready to go. live from studio 7, i'm suzanne. i want to get you up to speed. we start with breaking news, penn state football coach joe paterno is going to retire at the end of this season. he's going to leave after 46

years. his legacy blemished by jerry sandusky. dozens of penn state students rally outside coach paterno's home late last night helping to save his job. on friday, the penn state board of trustees is going to set up a special committee to investigate sandusky. prosecutors say he molested eight boys. paterno is not accused of anything illegal. but he went to university officials, not to the police in 2002 when a witness told hill he saw sandusky sod miomize him ine showers. early trading right now, down 251 points. new worries that italy may next be in line for a bail out are driving the stocks down. now, italian prime minister, he

is expected to resign. he's also raising some concerns about the country's future. also weighing on the markets, the greek debt. now greece's prime minister says he's going to resign shortly as well. now, that suggests that george popendreau has reached a decision on the new government. well, he has been locked in negotiations for days to ensure that greece's new leaders back europe's bail out requirements. voters in mississippi had said no to a measure that would have out lawed abortion and many forms of birth control. the person hood amendment to the state's constitution would have defined life as starting at conception. well, opponents said that was too vague. in london now, angry students are protesting education cuts and higher fees. in some cases, those fees three times higher than what they've been. now, organizers, they expect

10 10,000 protesters. they are ready the fire rubber bullets if things get out of hand. so, for the first time, a juror in the michael jackson death trial is speaking out. she describes the death in the jury room as they discussed whether or not to convict dr. conr conr conrad murray. >> it was not unanimous. we talked a little bit more about it. it was stressful. we did yelling. and we had to keep saying nobody talk while this person is talking. raise your hand if you have something to say. >> nba owners are telling players, take it or leave it. they are demanding that the players accept roughly a 50/50 revenue split. or they say the next offer is going to be worse. now, the deadline to accept the deal, it is just hours from now. and the players' union says no

way. so if the issue is not settled, the nba lock out could drag on. more games could also be cancelled. a movie director who was supposed to produce this year's academy award show has resigned after making a gay slur. brett ratner used the offensive term during a question and answer session. he released a statement saying that it pains him that he may have hurt his colleagues who are gay. say it ain't so. nancy, hln's only shot at winning dancing with the stars, well, it kind of fizzled out. nancy grace was voted off the show last night. but the former prosecutor survived seven weeks with that good looking irish partner of hers. take a watch. >> we have worked together seven days a week for a long time now. and contrary to the way we were depicted, i actually love trysten very much.

so i'm taking away a new best friend. also, i'm going to have a big fat check to deliver to the center of missing children. >> joe paterno is going to retire now at the end of the season. his record-breaking career ends as a former defensive coach faces charges of molesting eight boys. jason, tell us how this came about. everybody's been wondering and watching whether or not paterno would survive this scandal. how did it go down? >> well, there's a lot of back and fort going on, suzanne. you remember yesterday there was a press conference that was cancelled at the last minute. and then last night, there was a rally in front of joe paterno's home for many of those people who showed up with students. but there were increasing calls for this man to step down saying that, legally, he did probably what he was supposed to do in terms of reporting that

allegation of sexual abuse, which, allegedly, occurred right here on campus. but, morally, he just didn't do enough. and just about an hour ago, paterno released a statement saying that he grieved for the families. he said, "this is a tragedy. it is one of the great sorrows of my life. with the benefit of hindsight, i wish i had done more." so, obviously, some regret there. i want you to listen to what paterno said to all of those supporters who had shown up at his house la night. my wife and i have 17 grand kids from 16 to 3. and we pray for them every night. and we're going to start praying for those kids that got involved with some of the problems that we talked about. they don't deserve it. we owe it to them to say a prayer for them.

>> this is a man who was a legend in the world of collegiate football. 46 years as head coach here at penn state. winningest coach in collegiate football history. he now becomes the third school official to have to step down in the wake of this scandal. >> jason, we know that the penn state board of trus's, they say they're out raged. they're planning on investigating. do we know if they're going to investigate sandusky and other officials? is he involved in that investigati investigation? are they going to be looking for him as well. >> absolutely. the board of trustees will be putting together a special committee the way the university as a whole responded to these allegations of sexual abuse. so they'll be looking at everyone who played a role. there have been just as many critics who have been pointing their finger at penn state's president, graham spaniard.

they basically say a lot of the attention was focused on paterno. >> and jason, i really don't want this to get lost in this story. we keep talking about penn state and the fall of these legends. but what about these aleleged victims here? the young boys who were allegedly sexually abused. is there any sense of where they are, who they are and how they're doing? >> we >> well, obviously, the focus of that investigation is former assistant coach is jerry sandusky. he's out on $100,000 bail. he stands accused of molesting algt boys. but the attorneysaid giving the fact that sandusky had access to young children for such a long period of tiechl, flld be the possibility that more victims would come forward.

a source close to the investigation came to me and said that the police tipline has been inundated with calls for people coming in. they say that more than a dozen calls come in for people alleging also have been victimized. so that investigation is still well underway. >> all right, jason. thanks once again. do we expects any formal statements from the university or officials today? do we know? >> well, it's anyone's guess. this story just seems to change. we are hearing that perhaps sandusky might say something a little later on today. again, he has released the statement. so anyone who knows paterno, anyone who knows paterno is a man who is out spoken and u you eel sometimes tell them to keep kwooit and he goes out to say something else. so perhaps we'll hear something for paterno later today.

>> thank you so much. yesterday, i talked to a penn state student who demanded that paterno step down. huh does she feel now? we're going to ask her. >> a closer look at the big sell a you have on wall street. i want to bring in our allison coscik and, allison, we want to start off with you. give us an update on the markets and what we're seeing today. >> reporter: sure, leave it to italy to wake up the bears. the dough is down 239 points. it's all about the italian bond market, which one analyst says it's in a melt down. you're seeing your investors spooked because of all of this uncertainty whether italy can get a handle on its debt crisis.

what happens if italy defaults? that's a legitimate concern because it's questionable if italy can pay its debts. and we have to remember that the u.s. is interconnected with europe both on trade and its banks. lots of questions about how much exposure u.s. banks may have to european and italian banks. you know, we heard just a couple weeks ago that mf local had filed for bankruptcy protection. so this is the kind of fear that is running through the markets today. >> alison, thanks. i want to go to christine very quickly. if you can explain to us what is going on in italy, the rest of europe has investors on the edge. >> reporter: well, you know, italy is the biggest bond market in europe. the size of the biggest bond markets in the world are japan, u.s. and then italy. i think that's the order. those are the three biggest bond markets in the world.

this is countries borrowing money from investors to grow. and italy, right now, having trouble borrowing money to keep going. it's got $2 trillion in debt and an economy that has really been flagging. you've got the clous er at a level that we've seen countries before. greece, 10 years? 27% is what you'd get on an investment. the irony here, suzanne, is that the cost for. in fact, one trader just told me that for the u.s. to borrow money for three months, it's sow row. we don't even have to pay interest on it because the rest of the world is rushing to the u.s. saying hold my money, please. i don't want it to be involved any place else in the world.

italy is a very serious problem. there's crisis fatigue in the u.s. we're looking for some sort of closure to all of our problems since 2008. he says we're very, very far from closure and you're seeing that play out in the markets today. >> christine, alison, thank you very much. i want to bring you a run down of some of the stories that we are covering. first, volters in arizona kick out their chief ark teblgt. we're going to tell you about conservative losses against the country. and a group of men found stranded on a deserlted island. there is only a test, right? that's what we expect to hear. the first ever nationwide test of the emergency alert system tom. also, penn state fans rallying behind coach joe paterno while his former assistant faces charges of sexually assaulting little boys. herman cain says he's never acted inappropriately and

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♪ i tell you what i can spend. i do my best to make it work. i'm back on the road safely. and i saved you money on brakes. that's personal pricing. presidential candidate herman cain is supposed to talk about the economy in a republican debate tonight. but, cain, i don't think, seems to be able to get away from the subject of sexual harassment. another one of his accusers has gone public. but in a news conference, cain adamantly denied all the allegations against him. and he says he's not dropping out of the race. he says certainly don't bet on it. >> we are not going to allow washington or politics to deny me the opportunity to represent

this great nation. and as far as these accusations causing me to back off and maybe withdraw from this presidential primary race, ain't gonna happen. because i'm doing this for the american people and for their children and their grandchildren. and i will not be deterred by false, anonymous, incorrect accusations. >> joe johns following all the latest developments from washington. so, joe, i don't think he's going to be able to put this issue to rest just quite yet. there are a lot of other questions. i assume that this debate that's happening this evening, he's going to get some of those tough questions. >> reporter: well, you would think -- you know how it works on debate, suzanne.

you and i have done one together. it's the kind of thing to think about a question and how he's going to respond. but, you know, this thing is in michigan and it's a place where people really want to talk about jobs and the economy, republicans say they want to, you know, unseat president obama. so i would expect a mix of questions. and, certainly, he wouldn't be the only focus, not be any means. you get the feeling, you know, meanwhile, on the cain matter, that someone is operating in a parallel universe almost the question, whether it's herman cain or if it's his accusers, cain has issued this blanket denial. says -- categorically says he never acted inappropriately with anyone. period. up to him to defend that statement going forward, clear he's not going to drop out of the race. blaming democrats for what you call a troubled woman, making false allegations against him. he's also said, interestingly enough, you know, that he'll take a lie detector test.

yeah, but, you know, the question there is under what circumstances would he take a lie detector test? especially, since you've got people now saying they'd like to get all the women who are making accusations against him in the same room to get some type of a joint statement or what have you. it probably would be a pretty good time to take a lie detector test. >> let's talk about that. people have been talking about another of cain's accusers saying she wants to be with these other women and they're making some sort of plan to do that. does that sound like a realistic thing that we might see all four accusers in one room, faces, names, accusations going before the cameras? >> reporter: well, you know, it would be pretty remarkable. and the latest guidance that we've gotten today is if it might happen, it's not going to happen today. so, interesting idea. the person who has floated this

idea is karen. she says she got $46,000 in a sexual harassment settlement after she complained about cain's behavior, just now going public. but, you know, the other thing we do have to talk about in this reporting is that we've also found out she filed another workplace complaint with a different employer, the immigration and naturalization service. she says she was just trying to get some workplace accommodations because she had been in a debilitating car accident and that this complaint didn't have anything to do with the harassment. but this is the kind of stuff that comes up when you start talking about allegations that go way, way back. >> all right. we'll be watching the debate tonight. >> the most watched elections were in four states, mississippi, ohio, arizona and georgia. so what happened in mississippi?

voters rejected a measure that would have defined life as starting at conception. it would have made abortion and many forms of birth control illegal. critics say said it was just too vague. this is what happened in ohio. voters repealed a law that limited the collective bargaining rights of public workers. in arizona, the state's tough immigration law that stirred up so much anger, that was not on the ballot. but the senator who wrote it was and he lost his job. and georgia voters in most cities and towns in the atlanta area gave the go ahead for sunday alcohol sales. we are watching wall street and your money stocks are in the red. we're going to tell you why when we come back. it is tough for college grads to find work these days. but did you know if you're an astronomy or astrophysics major, you're almost guaranteed a job after school. good to show you some of the other majors with almost no unemployment in a minute.

despite the jobless rate, there are some college grads who are getting intoes with virtually no unemployment. that includes astronnyomy and astrophysics. those are the people that run the numbers for thing like your insurance rates. also, geological engineering, educational administration and pharmacology. stocks are in the red across the board today. to find out what's driving the market down, we're going to check in with alison kosik.

we are hearing that bond yields in italy hit a record high. so tell us what that means. >> reporter: okay, what that means, suzanne, is that things are getting worse. you look at that 10-year italian bond yield, it hit 7%. that's a record high. in the u.s. and germany, bond yields are 2%. and these higher yields e essentially mean that fewer people are willing to go out there and lend italy money. who wants to invest in a country that may not be able to pay its bills. these higher yields means that italy would wind up paying more in interest, making it more expensive for them to borrow money. so it's this cyclical thing. it's all of these questions about how italy is going to get a handle on its debt situation. suzan suzanne? >> alison, thank you very much. we want you to check out these stories from across the country. officials say a lightning strike apparently caused this fire near

ft. worth texas. fortunately, no one was hurt. so you're looking at rock and roll legends dave crosby, grand gnash. braugt a little bit of woodstock to new york. he led a chant of no more war. so first came the food drop, right? and then came a rescue boat. seven people now safe after being found on a deserted island in the pacific. this u.s. coast guard video shows a herculese airplane crew dropping supplies. now, an australian navy vessel later took them all home. joe paterno is retiring, despite a rallying cry from some of his supporters. the latest on the sex abuse

scandal that is rocking the penn state campus. we'll get reaction from the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator, working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, take the lead. ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at

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here's a run down, some of the stories that we are working on next. a sex abuse scandal rocks penn state's football program. now, coach joe paterno says he will retire, but he's still got plenty of supporters. and then how to speak money. it's a new book my christine romans. and, later, forget facebook. how many true friends do you have? we're going to fill you in on what a new study says about real friendship. after 46 years at the helm of penn state football, joe paterno announced that he's going to retire at the end of the season. the move comes after jerry sandusky faces child molestation charges. now, paterno is not accused of a crime. but he went to university officials, not police, when a

witness told him he saw sandusky sodomize in the athlete showers. in a statement, paterno says this is a tragedy. it is one of the great sorrows of my life. with the benefit of hindsight, i wish i had done more. so if you don't follow college football, you have to understand that the folks on campus say that joe paterno is a god-like figure at penn state. he's a head football coach with a squeaky clean reputation. he has led the program since 1966. he's the longest serving coach in college football. paterno holds the record for ncaa wins with 409. the nittay lions have won two championships. again, we'll talk to our penn state alum about the developments in this case.

roxanne jones. so, roxanne, you and i spoke yesterday. you were calling for the r resignation of paterno. you said that you were sickened by the fact that those who looked the other way while children were abused to protect this football program. what's your reaction now? >> well, first, the whole story is very sad. but i am glad that coach has stepped down. i'm glad that he made this decision. he also said his release that the board of trustees and everybody else has a lot more important things to spend their time on than whether he stays or goes. so i think this is the right move. >> do you think it's appropriate? he's retiring. he's not really completely out of penn state, right? i imagine that he would have some sort of package. he would be able to use the facilities. that there's a difference between retirement and being fired. >> that's exactly right. you bring up a very good point. the debate wasn't really for me

and law enforcement and probably the family of these boys whether he is allowed to walk out gracefully on his own terms. it was what did he know? when did he know it? why didn't he do something? and should he be fired? i think what we're seeing, if this comes to be in the resignation, is out of respect for his very long tenure. 60 years at the university. but this is a serious case and serious wrong doing. and so i think this is a graceful exit. it's a gift for him to be able to retire. there's still serious questions. >> and there are serious questions. questions we still don't know the answers to, quite frankly. there's an investigation going on. but do we suspect there are any legal issues going on? perhaps the university facing some sort of lawsuits by the family members of these alleged victims? >> oh, absolutely. i mean, i have spoken this morning to law enforcement officials. and i'm by no means a lawyer.

but i think some of the serious questions that will be asked is what really happened? were these boys who were alleging they were molested taken across state lines to go to away games? were they abused inside of penn state hotels? were they on penn state planes and busses? those are very, very serious, criminal accusations. and, certainly, i would expect lawsuits to follow. but i don't think that we really have enough details. i know that there are many, many, many, many more questions that need to be asked of kwoech paterno and everybody else involved on the penn state side. >> sure. for those of us who don't know this coach and don't have a sense of the culture at penn state, roxanneanne, can you explain to us? >> well, he is a good man. and the culture of penn state is that he is bigger than a man. he is an idol. he's god. he's done so many things.

and, you know, when i was in school, i protested for many, many things. and i felt very passionately about them. and once you grow up and you learn, i think that the passion and the concern needs to stay focused on the families and the boys involved in this case. it's very nice to standby coach paterno. he's a decent man. but there are serious allegations. sometimes very decent people do bad things. they make a wrong decision. and i think that's exactly what coach paterno was saying. i wish i had done more. he knows. forget about the law. he should have done more. there's no reason to rally behind that. that is he didn't step up and be the man that he's expecting all of his other young men to be. and he's admitting that today. >> it sounds like he disappointed himself in some ways. roxanne jones, thank you very much for putting it all in perspective. well, money. we all need it. we all want it. how do you speak money?

we're going to learn the language of money. also, just because you've got a whole lot of them on facebook doesn't mean they're real. in fact, you're not going to believe how many real friends the average person has.

all right, money. there's a new book helping you learn how to speak money. christine romans, they're joining us live. hey, guys. this is just an excuse to play that song. it's one of my favorite songs. >> i love that song. >> i want to start off with a quote from the book. you guys say quote here, being fluent, money affects every area of your life. so it's called how to speak money.

what does that mean, how to speak money? >> well, we don't have to convince you, suzanne, as somebody who's got a really rich background in politics that everything we're discussing in politics tends to be about money and economics. the issue is when people think about money, they tend to not be, as we call it, fluent in how to speak it. so they tend to shy away from it. and they shy away from decisions in their personal lives having to do with money. so we've written this book to try to make people who read it just so comfortable with using the words and the language of money that they're not intimidated by it. >> that eets exactly right. people who are really smart who say, you know, i don't get this, what does that mean in english? no, no, no. money is english. and here's how on jobs, on education, on your mortgage, on investing. it doesn't have to be hard and scary. we're trying to break it down a little bit easier. >> so it's a great book. let's talk about some specifics here. one of these chapters starting with speaking money at work. you guys talk about the unemployment crisis. you also point out there are

some places where the economy is growing. talk a little bit about those. >> i would start with stem, you know, science, technology, engineering, math. they are parts of the economy that are doing very, very well where unemployment rates are very, very low. ceos tells us there are 2 million job openings in some of these categories where we don't have the right skills quite yet. so if you're investing in your kid or retraining, we think you should look at "stem" and how to steer what you're good at. >> we've got unemployment at 9%. i's stubbornly high. it doesn't really matter who you vote for. if you're in a career that's dying, take the steps to retrain into one that is growing. >> we also like dirty jobs. you can actually make an awful lot of money. dirty jobs we really like. and we also like some different areas in green technology. so all of that is in the book. >> let's talk about speaking money in the market. a lot of people intimidated by

the stock market and investing. you say that investing falls into two categories. can you explain? >> you're the big investor. there's two categories. first of all, stocks which is where you own a piece of a company, right? that's how most people think of investing. but the thing that's going on right now is the bond mashlgt. we're talking about italian bond yields going up. bonds are lending. so if you own a bond, you have lent a company or a government money. if you own a stock, you own a piece of that company with its ups and downs. they both need to be a part of your investment strategy. the way we set this out in the book is as if you're a martian. if you don't deal with bonlds or stocks, you're stuck with cash. have you been to a bank lately? you'll be lucky if you get two tenths of a percent. >> don't invest in the martian

stock market. >> the two of you disagree, kind of like a tv couple, i suppose. alley, you said that this is a great time to buy a house chl and, christine, you're kind of a little more cautious about that. so who's right and who's wrong? >> we're both right, depending on who you are. we're usually both right unless i'm right. >> lay out the case. >> so here's the case why it's a great time to buy a house. interest rates are remarkably low. but a 30 year fixed mortgage, if you have a down payment and good credit is about 4% right now. number two, home prices continue to be low across the country. they're not going to speed up any time soon. but they are low. the combination of low prices and low interest rate means this is the best time ever to buy a house. but there are some ifs. >> i think there are a lot of young people who are going to need some mobility. and you're seeing this in our census data.

they're going to get a job offer in baltimore or in washington, d.c. or toronto, they're going to need to have the leave. and they don't want to be locked into a house. if you think you're going move for your job, you shouldn't buy a house. a lot of people don't have a 720 credit score. don't buy that old conventional wisdom that throwing your money out the window if you're renting. for some people, you're repairing your finances and that's most important. >> i understand you guys became pretty close would recollecting on the book, pretty close friends. that's great. i want to tell you guys about a new study, however, that says despite all the facebook friends that we have, americans actually have fewer close friends than we did 25 years ago. so i'm going to ask you guys if you can guess how many really good friends americans have? do you know? >> wow, really good friends? i don't know. i would say, i don't know. i mean, how many facebook

friends do people have? >> i'd say five really close friends. i'd say -- the of raj person, five. i'll say five. >> you only have five friends? >> i would say a dozen. >> okay. christine is a little bit more popular. >> she's nicer. >> she is nicer. i will have to admit that. but the answer is two. and we lost one along the way, because back in 1985, we had three close friends. and they surveyed a couple thousand folks asking them to name people they discussed important matters with in the passed six months. so apparently it's stuff you only talk about with the best of your friends. so 48%. >> that third friend must have tried to borrow money from the other two and didn't read the book about how to speak money. >> it's part of tough economic times. yeah. so, yeah, tough times. but you guys are one of my friends, my close friends. >> and you are ours, thanks. >> all right, thanks again,

guys, really appreciate it. >> all right, tough times calling for tough more theasure. will some swag make a dent in the budget? well, we're going to talk about that in our cnn political ticker. ♪ ♪ if i should fall from grace with god ♪ ♪ where no doctor can relieve me ♪ ♪ if i'm buried 'neath the sod ♪ but the angels won't receive me ♪ ♪ let me go, boys, let me go, boys ♪ ♪ let me go down in the mud where the rivers... ♪ [ female announcer ] when you're responsible for this much of the team,

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so these days, every little bit counts. so, today, the president is signing an executive order that could squeeze a few more bucks

out of the budget by cutting office supplies and unnecessary travel for federal workers. dan is with us at the white house with some of the details. dan, how much do we think the president is hoping to save on this? >> well, an administration official told me that they expect to save billions of dollars a year. and i should point out that the president, as we speak, is signing that executive order. this, by the way, just bills on the overall effort by the white house to cut spending to streamline government. the white house pointing out that already, they've been able to save more than $8 billion in cuts that they've identified, such as nasa cutting back on its travel budget. we see the department of commerce also cutting back on wireless installations. and, so, this is just part of that overall effort to streamline government, identify areas where they can get rid of wasteful spending. >> tell us a little bit about

the swag. some of the fun stuff. >> as you know, when you go to conference, conventions, or even inside the corporate world, there are always these items, swag that people like to take that have the logos that identify that particular company. the government is no different. they have various things that they hand things they hand out internally for employees to boost morale. as part of this executive order, the agencies across the government will be asked to cut back on things such as t-shirts and mugs. and other gadgets. so that's something that a lot of people will no doubt miss, but they don't believe that's the way taxpayer dollars should be spent. >> dan, i have to get real about this. does this mean you and i when we're on air force one can't get the peanuts, the little m&m's they have in the packets with the president's signature and the lovely napkins with air force one? are we out of luck here? >> reporter: you know, that is a very good question. i don't know if those little

peanut boxes or napkins with the logo will be impacted. maybe i show load up next time i go in case they do away with. it's much bigger than just a swag. in addition to that, there are areas such as car service. officials use $9 million a year worth of car service. that's something they're going to be cutting back on as well. other issues beyond just the swag. >> all right. thanks, dan. stock up for me or i'm going to have to go down there myself. thanks. why are kids sick with chickenpox licking lollipops for their parents to put in the mail? it's some parents' bizarre answer to vaccinating their own kids, and guess what, it is not a good idea. we're going it tell you why. ♪ with the lowest national plan premium... ♪ ...and copays as low as one dollar... ♪ ...saving on medicare prescriptions is easy. ♪ so you're free to focus on the things

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a group of parents may be breaking the law to keep their kids from getting the chickenpox vaccine. a cnn affiliate in phoenix found a facebook site where parents were sending lollipops through the mail that were licked by kids who were sick from the chickenpox. the point, so other kids could get the disease and develop a natural immunity. well, our senior medical correspondent elizabeth cowen is joining us. i don't get this. it seems odd, bizarre, gross. >> dangerous. all sorts of things, right. let me gi you an example of one of the postings on one of these facebook sites. it says it all. fresh batch of pox in nashville, tennessee. shipping of suckers, spit and qtips, available tomorrow. $50 via paypal. they were not just shipping lollipops but having kids spit into a container and you were supposed to get your child to

swallow that other kid's spit. all because these parents wanted their kids to avoid getting the vaccine and have immunity naturally. >> is it safer to get the disease than the vaccine? are these parents right? >> no, no, they're not right. the disease can kill your child. it's unusual, but the disease does kill children. before the vaccine, kids would die every year of chickenpox. the vaccine is really very, very safe. the vaccine doesn't kill children. so i don't know why you would want your kid to get a disease that could kill them instead of a vaccine, not to mention how incredibly uncomfortable it is to have chickenpox. >> what these parents did, did they break the law? >> they did. the u.s. attorney in tennessee made a statement saying, you know, if this was going on, if this really is going on, this is illegal. you can't mail a virus through the u.s. mail. there's other reasons it's illegal, too. that's just one of them. >> would this have even worked if a kid -- could a kid get

chickenpox by licking the lollipop? >> probably not because the way to get chickenpox is inhaling it. if i had chickenpox and i sneezed, and you ingested it. we're going to go delegaire to the white house. >> he found a way to save the department $2 million a year on its cell phone bills and i'm sure there's probably some consumers out there that would like to talk to him and find out what they can save on their cell phone bills. celeste steele is. here celeste works at the department of homeland security and helping to save taxpayers tens of millions of dollars by changing the way the department buys goods and services. we've received ed nearly 20,000 suggestions from federal employ employees. i just completed a video conference with the four finalists of our annual save

award. 20,000 submissions of ideas from federal employees of how within quay reduce waste, eliminate redonesy, paperwork. these have ideas of putting books that have been ordered every year online instead of incurring the shipping costs, to having a tool library over at nasa so that instead of buying very specialized tools over and over again for different projects, we actually keep an inventory of those tools. in addition to soliciting ideas, i tasked vice president biden to work with the secretaries of all our agencies to identify some systemic areas of potential improvement. travel, transportation, i.t. services, all of which we know can save us potentially billions of dollars. and in september, joe convened

the cabinet and has really pushed them hard in finding savings across all our agencies. so today i'm signing an executive order that builds on their food work. it directs agencies to slash spending in each of these areas. travel, printing, i.t., because we believe we can get better results for less using technology. and overall, spending in the area is covered by this executive order, will shrink by 20%. members of my cabinet will keep reporting on their progress to joe biden and ultimately to me. and we're going to hold them accountable for meeting this 20% reduction goal. these are important steps that can save taxpayers billions of dollars over the next several years. it doesn't replace the importance of the work that congress needs to do in coming up with a balanced, bold plan to reduce our deficit, but it

indicates once again that there are things that we can do right now that will actually deliver better government, more efficiently, more consumer friendly, for less money. and we're going to keep on fighting every possible way that we can do that even if congress is not acting. so with that, i'm going to sign the bill, but i want to thank all the officials who are behind me here today for taking this project so seriously. all right? there you go. >> mr. president -- >> thank you, everybody. >> thank you so much. >> you're watching president obama trying to cut a little of the spending out of the budget there by making some requirements there. the federal agencies cutting back on certain supplies.

top of the hour. i'm suzanne malveaux. i want to get you up to speed. penn state football coach joe paterno is going to retire at the end of the season, going to leave after 46 years. his legacy blemished by child molestation charges against his former assistant, jerry sandusky. penn state, dozens of penn state students rallied outside coach paterno's home. that happened last night, hoping to save his job. on friday the penn state board of trustees is going to set up a special committee to investigation sandusky. prosecutors say he molested eight boys. paterno is not accused of anything illegal, but he went to university officials not to police in 2002, when a witness told him he saw sandusky sodomize a child in the athlete showers. in a statement today, paterno called the situation tragic and says in hindsight he wishes he

had done more. herman cain takes part in a republican debate. that's tonight. it's supposed to be about the economy. cain can't seem to get away from the allegations of sexual harassment. in a news conference, he denied the latest accusations, insisted again he never harassed anybody. >> the fact is, these anonymous allegations are false and now the democrat machine in america has brought forth a troubled woman to make false accusations. statements. many of which exceed common sense. and they certainly exceed the standards of decency in america. >> now, another of herman cain's accusers has come forward and wants to meet with the other women who made other accusations against cain. karen kraushaar filed a complaint against cain at the national restaurant association and her attorney says there were

multiple incidents of harassment but, again, cain denies that. greece's prime minister says he's going to resign shortly. that suggests george papandreou has reached a deal with the opposition of the makeup of a new government, one led by a new prime minister. papandreou has been locked now in negotiations for day to ensure greece's new leaders back europe's bailout agreements. silvio berlusconi may be the other shoe to drop. the billionaire businessman said he'd resign after parliament agreed to a budget. that's not going to happen until december. all the uncertainty forced the stock markets to go down. italy's key barring rate up. italian bonds now well above the 7% level that eventually force the other euro zone countries to seek bailouts. the political and economic turmoil in italy is affecting your money. the dow plunging 290 points in early trading. right now it's down 221 points. we're going to keep you updated

on the markets throughout the day. voters in mississippi have said no to a measure that would have outlawed abortion and many forms of birth control. the personhood amendment to the state's constitution would have defined life as starting at conception. an opponent said that was too vague. >> i think voters rejected a measure they understood to be dangerous and that they understood to be bad for women and families in mississippi. >> we're not conceding because we did our duty. we have -- >> nba owners are telling players, take it or leave it. they are demanding that players accept a roughly 50/50 revenue split or say the next offer is going to be worse. the deadline to accept the deal is hours from now. if the issue isn't settled, the nba lockout could drag on. more games could be canceled. the player union says, no way.

>> our orders are clear. right now the current offer that is on the table from the nba is not one we can accept. our orders are also clear that we're willing to continue to negotiate. sex abuse scandal at penn state has cost a college football legend his job, joe paterno announced today he's going to retire at the enof the season. his former assistant, jerry sandusky, is charged with molesting eight boys, some on campus. a grand jury report says paterno was told about one incident and went to his superiors but never called police. in a statement today, paterno concedes, he should have done more. mark brennan, he's covered penn state football for more than 20 years. his blog is fightonstate.com. he's joining us from state college, pennsylvania. and mike paska is a correspondent for national public radio and he is in new york.

mark, i want to start off with you, first of all. joe paterno stepping down. he's out. is that the right way that the university handled this? >> sorry, was that to me? >> yeah, mark. >> i'm mike. >> oh, i'm sorry. go ahead, if you'll take the question. >> i'll take that question. i'm more than happy to take that question. you know, is this the right thing? yeah, absolutely. joe paterno has always said if he becomes a distraction to this program that he would step away. obviously he became a huge distraction. i think he realized that. i think he realized the magnitude of what went down and finally decided to step away. i think he did the right thing. the question now is, are they going to allow him to retire at the end of the season or try to get him out sooner? >> and your website, i understand, penn state football website has been blowing up, getting lots of traffic here. what are most people saying here? are they behind, are they supporting these guys? do they believe the charges? do they believe sandusky is

innocent? do they believe the coach didn't really know very much? >> i think -- you know, the majority of people are shocked. they're dismayed. they're disgusted by these things. if you read the reports, the grand jury reports, everybody is riled up about that. they're really wondering how this was allowed to happen at penn state. so most people are not giving benefit of the doubt. it's interesting, though, the students seem to be rallying behind joe paterno. they've been at his house as everybody has seen on tv. people very angry about this situation and a lot of penn state fans, longtime penn state fans are viewing this as a darkest day in penn state football history. >> mark, i guess the game must go on. this big game with nebraska, is that still happening? i understand the players have been banned from speaking with the media? >> no, actually, they lifted the ban today. after joe paterno talked to the team. yeah, it was a tearful meeting from what we understand. the players talked about it. we were able to talk to the players coming out of the lasch

football building where they had their team meeting. the players said joe paterno was crying, many of the players were having trouble, they were so emotional. you could tell they had been crying. this is a guy who is an icon to them, a father figure to them and is obviously very difficult. i don't know how they're going to zero in on this game at beaver stadium against nebraska. they claim they're going to be able to do it. it's going to be difficult. >> i want to go to mike here. this is obviously a huge story in sports. some are questioning whether this whole culture of big college sports, athletics where you have athletes coach these programs that bring in millions of dollars, whether or not they all get a pass, right, on these kinds of things. whether it's failing grades, bad behavior. how do you think this fits into that larger sports culture? >> the problem with college football, if there is a problem, and i think even any observer would say that something bad is going on here, mostly has to do with the fact that there is free

labor, sure players get scholarships, but mostly 19-year-olds and 20-year-olds providing free labor and colleges making billions of dollars in revenue. so that when any scandal surfaces and it deals with a street agent or deals with players engaging in academic chicanery or teams practicing more than they're allowed to, like we saw at the university of michigan. other colleges talk to their compliance officers and do a gut check, is that happening here? let's at least not get caught. at least you'd hope they'd say let's change things. i don't think colleges think about pedophilia and probably shouldn't. as you say, the reason this has to do with the larger culture, coaches have been enabled and m embold emboldened, sandusky can get away with it. joe paterno has been at penn state longer than queen elizabeth is queen of england.

we use words like institution for people who half his tenure. this could happen to someone like joe paterno perhaps really shows how important the, perhaps overimportant, the position of head coach has become in america. >> does it surprise you at all that the athletic and university officials may have not reacted more strongly to these accusations? even, perhaps, swept it under the rug? >> it seems shocking from the remove that we have, which is just from a human perspective, a person on staff witnessed not a molestation or something that had some sort of gray area, he witnessed a child rape. frank newman in the pennsylvania law enforcement, said he had never seen an example where someone was an eyewitness to this horrific crime and didn't go further. the people deal with adults, 18-year-olds are adults. i talked with an expert named robert shupe who teaches at

kansas state and says, since we all think we're good people we'd know how to deal with a sexual predator. that's not the case. it's telling the reason charges were brought against sandusky is that central mountain high school, a high school, good civil servants there who were trained in how to recognize pedophilia turned it over to the police and got the ball rolling on the penn state part of the investigation. >> i want to bring up one other quick issue if i may. a lot of people are asking this question, whether or not it would have been different, right, if this was involving, say, a 10-year-old girl, that the fact that this was all men involved and that these were boys involved that this was kind of handled in the way it was. what do you make of that? >> i think that men actually think of themselves as fathers and that's why it's so disturbing. joe paterno has sons. the assistant coach who first saw it called his dad. he is a son. so there have been sex scandals in sports.

there was a recent sex scandal with usa swimming and that dealt with female swimmers. we don't know. it's a hypothetical. i think it's, if anything, just as shocking and horrific and hard to understand why nothing happened at penn state. >> all right. mike, mark, thank you very much for your perspective. well really appreciate that. here's a rundown. some of the stories we're covering in the next hour. first, presidential candidate herman cain has put allegations of sexual harassment aside to prepare for tonight's debate in michigan. we're going to have a preview. angry students hit the streets of london in protest. we're going to tell you why and how police are responding. then a new report says that iran's nuclear program, a lot more ambitious than previously thought. we have some details on that. also, we have the pictures of earth's close call, this is amazing, with an asteroid the size of an aircraft carrier. and later, rapper heavy d. dies at age 44. we're going to look at his contributions to the music

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outhwash, toothpaste and this season, discover aleve. mouth wetting lonzenges - guaranteed effective on all types of bad breath and dry mouth. nothing works faster than therabreath. visit therabreathforfree.com presidential candidate herman cain is supposed to talk about the economy, right, in a republican debate tonight, but cain can't get away from the subject of sexual harassment. another of his accusers has now gone public. in a news conference, cain adamantly denied the allegations against him and as for dropping out of the race, he says don't bet on it. >> we are not going to allow washington or politics to deny me the opportunity to represent

this great nation. and as far as these accusations causing me to back off and maybe withdraw from this presidential primary race, ain't going to happen. because i'm doing this for the american people and for the children and the grandchildren. and i will not be deterred by false, anonymous, incorrect accusations. >> joe johns following all the latest developments from washington. so, joe, herman cain, this issue does not seem to be going away for him. he now has a debate this evening. how does he manage that? what kind of questions do we think he's going to be faced with tonight? >> you know, the truth of it is, he would love to get off of this. he certainly would love to get

off of this and start talking again about his 9-9-9 plan or whatever, but the truth is it could still come up, it could be on people's minds. on the other side of the equation, you know as well as i do, this is in michigan where there are concerns about the economy, jobs. people probably want to talk to him about, for example, the automobile bailout which is a big deal in a place like michigan. so we'll see. in all likelihood, we'll see a debate that certainly has a lot of questions about jobs and the economy, but wouldn't be surprised at all to hear him answering a question or two about it. >> how big a problem is that? another of cain's accusers coming forward saying she wants to meet with the other women. what do we know about some sort of arrangement or plan to have four, all four of the accusers be in the same place at the same time making charges against this candidate? >> right. well, if it happens, it's pretty clear at least to us here at cnn that it's not going to happen today. you're talking about karen kraushaar. she's the one who's floated that idea. she works in the government.

worked at the national restaurant association back in the day when herman cain was there. she says she got a $46,000 settlement for sexual harassment after she complained about cain's behavior. just went public. she's called him a lot of things. she suggested he was a monster, but she's also been sort of called on to discuss the fact that besides the cain complaint, she filed a workplace complaint against a completely different employer, the immigration naturalization service, which is the job she went to after she left the national restaurant association. she says this thing at the ins was about trying to get some workplace accommodations because she'd been in a debilitating car accident and that the second complaint didn't have anything to do with harassment. that's the kind of thing that will come up with not just her, but other women as they come forward and state their concerns about herman cain, suzanne. >> we'll see how he handles all of this tonight at the debate. very interesting. thanks, joe. conservatives taking it on the chin at the ballot box.

some big issues they supported, they went down in defeat. across the country yesterday, the most watched elections were in four states. mississippi, ohio, arizona and georgia. here's what happened in mississippi. voters rejected a measure that would have defined life as starting at conception. it would have made abortion and many other forms of birth control illegal. critics said it was just too vague. in ohio, voters repealed a law that limited the collective bargaining rights of public workers. and in arizona, the state's tough immigration law that stirred up so much anger, that wasn't on the ballot, but the senator who wrote it was. he lost his job. and in georgia, voters in most cities and towns in the atlanta area gave the go ahead for a sunday alcohol sales. in britain's capital, angry college students were in the streets today to protest education cuts and higher fees.

in some cases, fees are three times higher than they've been as the students rallied, thousands of police were on hand just in case things got out of hand. cnn's atika shubert reports from london. >> this was a potential flash point police were concerned about. this was right in the heart of the financial center for london. as you can see, protesters passed by without incident. about 4,000 or so student demonstrators in all. police didn't want to take any chances, though, so they put about 4,000 police on the street. and this is one reason why they t didn't want to take chances. right here is the london stock exchange. this was a target a few weeks ago part of the occupy london stock exchange movement. they've camped out now in front of st. pauls cathedral. there was concern today about whether they would join up with those protesters, whether there could be the potential for disorder there. police, as i said, didn't want to take any chances and really

made sure to put out these extra barricades, made sure to get out the riot police and even said at one point if necessary they would use plastic bullets. clearly, however, the protest has gone peacefully and there's been no need for that. atika shubert, cnn, london. is iran building an atomic bomb? a disturbing new report is out from the nuclear watchdog group iaea. world leaders are worried about that. we're going to have a live report from the state department. ? man: all right. we were actually thinking, maybe... we're going to hike up here, so we'll catch up with you guys. [ indistinct talking and laughter ] whew! i think it's worth it. working with a partner you can trust is always a good decision. massmutual. let our financial professionals help you reach your goals. should i bundle all my policies with nationwide insurance ?

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a nuclear bomb in the hands of iran. world powers are determined to prevent that nightmare scenario from becoming a reality. you can imagine, they're alarmed when the world's nuclear

watchdog group, the international atomic agency, releases a report saying it has serious concerns that iran may be developing nuclear weapons. our cnn's foreign affairs correspondent jill dougherty is joining us live from the state department. jill, we've known for quite some time that iran has always said that this nuclear program is for civilian purposes. so this new report, what does it say? how close are they to actually building a bomb? >> well, i think the best way, suzanne, to describe what this report says, is it took information, data, of course, some intelligence data, from ten countries that are members of the iaea, that's the watchdog agency for the u.n. >> sure. >> and they essentially describe what a country has to do in order to be build a nuclear bomb. and then they analyze the activities that iran has been carrying out and say basically they are consistent with trying to build a nuclear bomb. now, they get into things like

triggering devices, the materials they've been testing. actual computer modeling. some very specific infrastructure and data. that we haven't really seen in one place before. now, do they say they have the bomb? no. the iaea does not say, doesn't go that far, to say that iran actually has a bomb. or that, you know, how quickly they could do it. all of this material really does indicate, as you put it, a very high level of concern. >> so what's been the reaction from the administration and other world leaders? >> well, i think the strongest, in fact, we just got this about half an hour, an hour ago, from france, and france is saying this is extremely worrisome and they are calling for sanctions of unprecedented proportions is the way they put it. they want to really slam the iranians. of course, you know, we've heard about sanctions for a long time, but the debate here in the

united states now is to go further than they've ever gone, which is to hit the central bank of iran. that would be very serious, it could destabilizing economically, but some supporters on capitol hill want to do that. of course, there's been some talk and debate, pretty public, coming from israel about taking military action. that, of course, would be extraordinarily serious. nobody specifically is saying that that would happen, but it's part of the debate right now. >> certainly is very serious. that level of discussion. thank you, jill, appreciate it. the united nations says that it estimates 3,500 syrians now have been killed in a crackdown on anti-government protesters. so most of the pictures that we show you are from the internet. that is because syria doesn't allow outside reporters in to actually see what is going on. the only way in is to actually sneak in. that is what journalist ramida did. she and her photographer

pretended to be a married couple on vacation. they spent two weeks in syria with protesters filming a new pbs documentary. >> how were you able to get into syria? >> we got tourist visas. we were lucky. lots of journalists had been turned down. we got lucky. >> you captured a lot on video that's really extraordinary. the only images we've been able to get out of syria is the cell phone camera images which protesters have been taking. you were actually in a house and nearby, and nearby houses were being raided by militia. i want to play some of that. >> we're putting the camera away. we hid our camera, but used a cell phone to film. i could hear the screams from next door as the militia raided a house. a mother was pleading with them not to take her son. >> it really gives you a sense of the fear people live in every day. what is it like for dissidence there? what is it like for the

protesters? >> they live as fugitives. they live on the run. many of them haven't seen their families for months and months. and they live going from safe house to safe house on the run. >> the frontline documentary can be seen on your local pbs station. so if you're watching tv, or listening to the radio around 2:00 eastern today, you're going to hear this. this is a test. this is only a test. for the first time ever, the government now is holding a nationwide test of the emergency alert system. so you've probably seen those warnings before, but they were only put out locally. officials at fema and the fcc are saying this test is going to last for 30 seconds. it's going to air on every broadcast, cable, satellite tv station and radio station. so tough days for the markets and your money. we're going to go live to the new york stock exchange to find out what is dragging the markets down today.

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haers a rundown of some of the stories we're working on next. what we learned when a giant asteroid the size of an aircraft carrier flew by earth yesterday. then the men who kept a secret deep underwater during the cold war. meet a nuclear submarine's veteran crew. and later, the coast guard makes an unusual food drop on a deserted island. tough day for the targets here in the u.s. and around the world today. i want to bring in our own alison kosik at the new york stock exchange. help us understand this. european markets are now closed. how did they finish the day? how are things looking here? >> oh, it's been tough all around, suzanne. the selloff is actually circling the globe. exchanges in london, paris and frankfurt lost 2%. taking a look at the dow, nasdaq, s&p down 2% as well. the dow down 255 points.

here at the nyse, for every one stock rising, there's one falling. what's worrying the markets? italy is taking the spotlight away from greece. italy's debt crisis is getting worse. just look at their bond market. their ten year bond yield hitting a record high. topping 7%. this is how governments raise money in the first place. they issue bonds to raise money. the problem with italy now is no one wants to buy italy's bonds. it has to pay a higher interest rate. this is leaving everybody to wonder, will italy be the next country to need a bailout? and that is what is worrying the markets today. >> so alison, when silvio berlusconi said he's going to step down yesterday, the markets actually rallied. why isn't it helping out today? >> exactly. you know, the thinking yesterday was that burl scoerlusconi's resignation would lead to fiscal changes. reality set in today, people realizing, hey, there's no quick

fix for a debt crisis that's this big. look at italy's issues compared to greece, they are much bigger. italy is europe's third biggest economy. its debt load is six times bigger than greece's debt. also, ireality's setting in as well berlusconi's resignation is not going to do anything to help italy's economy grow faster. what you're going to see is this long-term instability setting into the market here, the reality check going on today and see it play out right in the numbers with the dow falling 252 points. suzanne? >> alison kosik, thank you. well, earth gets a lucky break. a big piece of rock has passed between the planet and the moon. we're going to find out just how close it was. ♪ would you like to swing on a star ♪ ♪

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okay. in space terms, it was actually a pretty close call. an asteroid the size of an aircraft carrier zipping by earth. chad, to explain all of this. what did we learn? >> is this the movie you're talking about? bruce willis going up there to push it away? >> sounds like that. >> sure does. closer than the moon. an aircraft carrier flying by. >> it's huge. what did you see? >> we have some pictures. >> really? >> yeah. the satellites and some telescopes got really good images. they want to know what exactly it looked like. this here that we're looking at is actually what was a problem. this is not the video of the asteroid. this -- >> there it is. >> that's what it looked like. how cool is that? that's a great image. here's what we're talking about. this is a secondary thing that happened in russia. did you hear about this satellite that didn't make it all the way to space? >> what happened? >> it has nothing to do with this asteroid zipping by.

this russian satellite took off trying to put a mars rover into launch orbit, sending it to mars in 2013. didn't make it. it's sitting up there for something else to fall down at us. >> you're kidding. >> how about this? they have three days to figure it out. can they get it? the second launch module did not go. first stage, second stage. the second stage didn't fire so didn't make it out of earth orbit. it's not going to mars. it's sitting up there with all this toxic fuel in it waiting to fall back to space -- fall back to earth. >> what is likely to happen with that? >> if it falls back, they may have to blow it up with all of this toxic fuel still on it. u.s. did that back in 2008. they blew one up before the toxic fuel came down. this is a mess. this is the fourth time russia has tried to tgo to mars. >> not able to pull it off. tell us about the asteroid. tell us a little bit about the astero asteroid. >> they were looking for the color of the asteroid, bouncing

colors and spectrometers out of it, what is it made of, is it just a rock, could it be like a moon? could this thing been stuck in our orbit forever going around and around and around. it had so much velocity, going very fast. >> they are fascinating pictures. you were able to see so much of it. it was so close. >> it was so close. they knew for a fact it was not going to hit earth. they watched the trajectory and planned this all out. kepler has these mathematician equations he put out. they knew it wasn't going to hit. this is the closest one in a long time. nothing closer for 20 years. >> another 20. it's good for those who caught it yesterday. >> except for the ones we don't about. there are things flying out there we haven't seen yet. space is a big place. >> all right. thank you, chad. >> you're welcome. >> really appreciate it. well, they ran secret, dangerous missions below the ocean surface during the cold war. you're about to meet crew members who waited silently for orders they hoped would never

come. putting veterans in focus, we climb aboard an american nuclear submarine. >> it's not a natural thing to submerge a ship in water. the mission of a submarine is not to give itself away. to remain undetected. we didn't want to make any kind of a noise that a fish didn't make. all of the submariners, when they go to sea, they're in harm's way. >> basically on patrol for 60 days at a clip, submerged all the time. >> had to learn my job and learn my job well so i could keep myself and my shipmates alive and healthy. >> my life depended on my other shipmate. it didn't matter whether they were seamen or a captain. >> you were on the ssm 571, the

world's first nuclear powered submarine. i was onboard for four years, 1957 to 1961. >> when i was onboard i was a sonar supervisor. couple pieces of equipment in there are the same ones i operated. >> i think the political climate at the time was one of tension between us the and the "ussr." >> we could be in the harbor and nobody would know we were there and be along the coast and nobody would know we were there. >> our adversaries knew we were out there and they couldn't find us. that's what the cold war was about. >> we just hope that every time we went to battle stations that it was a drill because we all knew if it was not a drill, home would be in pieces. >> i think we're probably a unique bunch of guys who think that we're better than everybody

else. >> special, special fraternity. >> it's so different than any other service. >> fascinating report. a set of men rescued from a deserted island. the u.s. coast guard swooped in first with anod drop toeed those guys. find out who gave those guys a lift home. mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve.

i see it in last year's pictures. i hear it in their plans for tomorrow. it makes me miss a couple of things. but i have a way to keep them close, even when they're far away. [ male announcer ] the inspiron one 2320 with the second gen intel® core™ i5 or i7 processor. performance for your unique lifestyle. but when they come home, they don't want a parade; they want a job. the postal service employs more veterans than any other civilian employer. but congress is debating a bill that would force the postal service to fire tens of thousands of vets, close post offices, shut mail processing plants, and disrupt mail delivery. drastic cuts won't fix the postal service and aren't needed. tell your representative to vote "no" on house resolution 2309. it's time to deliver for our veterans -- and america.

check out these stories from across the country. officials say a lightning strike apparently caused this fire new ft. worth, texas. it damaged and destroyed several tanks at a plant. fortunately no one was hurt. david crosby, graham nash brought a bit of woodstock to the occupy wall street protesters in new york. the duo performed a couple of their iconic protest songs and led a chant of "no more war." first came the food drop then came rescue boat. seven people now safe after being found on a deserted island in the pacific. the u.s. coast guard video shows a hercules airplane crew dropping supplies to the guys two days after their went missing. an australian navy vessel took them home. in italy, prime minister silvio berlusconi is now on his way out but he wiggled out of

tight spots over his long career. our jeanne moos reports. >> reporter: close to calling it quits? say it ain't so, silvio. if italian prime minister berlusconi leaves, who's going to get caught on camera telling offensive jokes? >> [ bleep ]. >> reporter: who else is going to call president obama suntanned? even when he stops talking, there's never a dull moment with berlusconi. what other world leader inspires list after list of his worst gaffes. rate the biggest blunder. his top ten. ♪ when the moon hits your eye like a big pizza pie ♪ >> reporter: gaffes like the time berlusconi arrived at a summit with his cell phone plastered to his ear leaving his hostess angela merkel on hold. true, he was trying to iron out a summit sticking point with turkey's prime minister, but he looked like a turkey talking and talking and talking.

while chancellor merkel greeted other leaders and waited. after about 8 1/2 minutes, she gave up and left. then there was the recorded phone conversation in which berlusconi allegedly called merkel, well, we can't even begin to say it on tv. the two words that will be forever associated with berlusconi are actually one word. >> bunga-bunga parties. >> bunga-bunga. ♪ bunga >> reporter: this is a parody of a bunga-bunga party, parties featuring ruby the heart stealer. parties so hot -- >> his bunga-bunga party. >> reporter: that george clooney bailed. >> it became a different evening than anyone thought. it was like, i have to go. where are you going? it's going it be a party. no, i have to go. >> reporter: berlusconi's image is such that he gets blamed for

pranks he didn't pull. this comes from a film farce featuring an actor portraying berlusconi. it circulates on the web as if it's the real thing. >> you know who else is in town, prime minister berlusconi. good luck getting a hooker. >> reporter: when berlusconi gets tripped up -- he still manages to land on his feet. jeanne moos, cnn -- ♪ that's amore >> reporter: -- new york. rapper heavy d. who brought smiles to millions of fans who grew up in the '80s and '90s such as myself has died. we're going to tell you about his life and what we know about his death. my sinus symptoms come with a cough that stays even after i treat... [ male announcer ] truth is, most sinus formulas don't treat a cough. really? [ male announcer ] alka-seltzer plus sinus liquid gels fights sinus symptoms plus cough. you're good. [ male announcer ] thanks. that's the cold truth! what's in the mail?

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one of hip hop's most popular artists of the '80s and '90s died yesterday. he knew him as heavy d. his real name was dwight arrington myers. this is his biggest hit "now that we found love." i want to bring in "showbiz tonight's" a.j. hammer for details. a.j., he was only 44 years old. do we know what happened? >> well, what we do know, heavy d. collapsed in his home at beverly hills tuesday morning and taken to a hospital in los angeles and died a short time later. the cause of his death has not been determined yet. i'm sure they're working to ascertain that. so many people are so sad and in such shock this afternoon. fans and artists alike. that's particularly because heavy d. has been working on a new album. he's been making a lot of public

appearances recently and been out there talking about it. he was such a well liked guy. in fact, he performed at the michael jackson tribute concert and the b.e.t. awards just recently. his career goes all the way back to 1987. we knew his group, heavy d. and the boys. he was called the overweight lover, how he referred to himself. he had hits with the boys like "the overweight lovers in the house." "got me waiting." the remake we were playing a moment ago. he recorded songs with both janet and michael jackson. and here's a thing, suzanne, he was really known as one of the truly good guys in the business. he had a sweet sense of fun. in fact, on his twitter page, his slogan was, i have relentless optimism. his final tweet, monday from heavy d., be inspired. so, suzanne, he certainly will be missed. >> i love heavy d. i'm a big heavy d. fan. tell us a little bit about one of our fans there, nancy grace. our colleague at hln. "dancing with the stars." so she didn't make it to the finals. she did a great job. what happened last night?

>> great job, great job. this is sad news of a different kind today. nancy voted off "dancing with the stars" last night. she did very well in the entire competition overall. she finished in fifth place. it is a grueling competition. again, on monday night she walked away with the lowest scores from the judges. obviously it wasn't enough from the participating audience calling in and voting to bring her through to next week. but we spoke with her. in fact, i just spoke with nancy a few minutes ago, suzanne. yeah, she's disappointed. she's bummed out. she's very thankful and she remains philosophical about what a great example she's now set for her twins who really got to see her mom setting her mind to something totally out of her element and being able to accomplish it. so, yet we're sad for nancy, but we're really happy for her, too. really give her a lot of credit for stepping outside the box there and doing something entirely different. >> yeah. i'm really proud of her, actually, it was really pretty cool to watch her. a.j., thanks. we appreciate it.

you can get more on "showbiz" news with a.j. hammer tonight at 11:00 eastern. we want to take a quick check of the markets. the political and economic turmoil in italy. prime minister silvio berlusconi is vowing to step down and hasn't calmed fears about the debt problems and the fears are rippling outward now. global stocks are down sharply today. the dow jones down 246 points. we're going to keep you updated on the markets throughout the day. for the first time in half a century, cubans now will finally be allowed to buy and sell property. legal restrictions that are going to end tomorrow. we're going to get some reaction. is this a chevy volt? [ stu ] yeah. it's electric. i don't think so. it's got a gas tank right here. electric tank, right over here. an electric tank? really, stu? is that what you pour the electricity in? it's actually both, guys. i can plug in and go 35 miles gas free, or i can fill up and go a whole lot farther.

is that my burger? oh. i just got bun. i didn't even bite any burger. at bank of america, we're lending and investing in communities across the country, from helping to revitalize a neighborhood in brooklyn to financing industries that are creating jobs in boston or providing funding for the expansion of a local business serving a diverse seattle community and supporting training programs for tomorrow's workforce in los angeles. because the more we can do in local neighborhoods and communities, the more we can help make opportunity possible.

what are these guys doing? [ horn honks ] could you please not honk while this guy's telling me about his chevy volt? is that that new... is that the electric car? yeah. but it takes gas too. ask him how much he spends on gas. how much does he spend on gas? how much do you spend on gas? how much do i spend on gas? if i charge regularly, i fill up like once a month.

he only has to fill up about once a month. [ woman ] wow. that's amazing. owning your home, not being able to sell it is one thing. not being allowed to sell it something altogether. for the past 50 years it's been illegal for people in cuba to buy or sell homes. tomorrow that's changing. a new law is going to allow property sales with a few restricti restrictions. our shasta darlington reports from havana. >> reporter: olivia and her sister have shared his house since childhood and still do now that they're married with kids. grown kids of their own. after all, they didn't have much choice. here in cuba, you may own your home, but you're not allowed to sell it. we're happy here, she says.

the problem is the kids. they're now in their 20s and want their own rooms. they want privacy. oliv olivia's family have started the long and bureaucratic process of a house swap. they'll trade their large home for property of equal value, in this case, two smaller apartments. the only thing allowed under cuban law. until now. state media has announced a new law permitting the sale of real estate will be enacted on november 10th. owners will need a simple notary stamp and, of course, pay taxes. part of the major overhaul of the creeking economy by raul castro. this is an island with 11 million people. there's a housing shortage of almost half a million homes. the houses that do exist are often decrepit. it's not unusual to find three or four generations crammed into a small apartment. or divorced couples under the same roof. in havana, cubans come to this improvised real estate market when they want to move. pen and paper in hand, they mingle with other homeowners

looking for a trade. although it's illegal, plenty of money is paid under the table. and as many as half a dozen properties can be involved in each tangled swap. he is a middle man helping buyers meet sellers. in cuba, we know how to live within the law and outside the law, he says. that isn't going to change. but tudasa, who wants to find a bigger place, says new legislation would be welcome. it will help get rid of all the bureaucracy, she says. restrictions will apply. cubans will only be allowed to own one home and cuban-americans are welcome to send cash but can't hold the deed. shasta darlington, cnn, havana. cnn newsroom continues right now with fredricka whitfield. >> have a great day, suzanne. two words sum up the financial situation this hour. down and out. take a look at that dow.