tv CNN Newsroom CNN March 8, 2012 10:00am-12:00pm PST
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cameron, but, suzanne, literally every single person that i met that was a part of this team, this expedition team, the submarine engineers, the micro biologists, everyone so passionate about what the potential is here for discovering new forms of life at these depths, what it could mean for the science community, and what it could mean, you know, beyond. >> all right. it seems pretty cool. looks pretty cool. we're looking forward to seeing when he actually goes down. all right, jason, thanks. >> top of the hour. suzanne malveaux. want to get you up to speed. a report in "the new york times" said osama bin laden lived his final days in the house filled with fighting and bickering monohis three wives. that's according to interrogators who interviewed all three women. they didn't trust each other,
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and one wife blames the other for giving up a hiding spot in pakistan. also today we hear the government has charged all three of bin laden's widows with illegally entering the country. the head of the un emergency relief mission finally got to see for herself the shattered neighborhood in the syrian homes. that's where 47 people were killed just today. one argument on capitol hill today, should the united states get involved in syria militarily? >> i understand the strain on american military. i understand the sacrifices made by american families. but i also understand the proudest part of americans history is when we have tried to help other people achieve the same goal that we so passiona passionately articulated when we declared our independence. the united states can't jump up
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and say let's go drop some bombs on the syrian tanks. >> stay right here. fran townsend will be here in a couple of minutes. she's the national security contributor. we'll talk more about military options in syria. iran appears to be playing a dangerous cat and mouse game two western diplomats are telling cnn they are concerned about what's going on at the military base. the diplomats say they've seen at lite imj imagines that show iran trying to clean up the sight before the inspectors come in. they are also worried iran may be working on triggers for nuclear weapons. not a good sign. the number of people now filing for unemployment benefits for the first time went up last week. that's 8,000 more than the prior week. economists thought the number would go down. if you're checking your account with wells fargo, get ready to pay for it. the bank now eliminating free
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checking. wells far jgo started charging $11 a month. now it's taking on six more states. the states are getting the new fees. they are georgia, new jersey, new york, delaware, connecticut and pennsylvania. cindy mccain, senator mccain's wife is weighing in on the new movie about sarah palin. film airs this weekend on hbo. mccain told my colleague piers morgan she didn't plan to watch this. >> sarah palin is a remarkable individual. whether you agree or disagree with sarah, she's served our country loyally. she's been good worker if many, many years. any depipgs of any woman that is unfair in that way, it's wrong. >> you can't feel it, but we're actually getting clobbered right now be a major storm spit out by the sun. it happened a couple hours ago. so what could we see?
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maybe your gps might go haywire. your flight could be delayed. you might see the lights flickerring. there's also cool stuff happening as well. this is also about a solar storm. reynolds wolf is here. i understand this is a brand new severe solar weather center. yes? >> it's really a mouthful, isn't it? it's really something amazing. >> tell us what you got here. >> we have something that's really nothing new. this is a process that's been happening on the sun ever since it first began. the sun formed 5 billion years ago. and we've seen this activity. what we've had is a snow or storm. the good news and the breaking news we have on this is it's not quite as strong as we had originally anticipated. noaa came out with a statement saying we thought it would be severe. they used a scale from g1 being a weak monitor. they expect it to be closer to the g1 range. let's take a look at this first. you have the sun. you see darker images here and
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there. and what we anticipate if you take a look at this imagery, it shows the solar flares. still, we can't be impacted. high frequency radio blackouts. you can expect that. also expect grid outages especially in the northern half to the globe. gps and satellite interruptions can occur. if you're trying to get from one side of town to the other, you could have issues. not just for today but possibly through the weekend. there's certainly a silver lining that you won't be able to see in the northern plains and skies are clear, you might see a beautiful example. there's a good part to this. to question about it. >> are we going to get more of this these? >> probably yes. when you think about the age of the sun. 5 billion years old. they've had these storms many
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times. there's no question that we'll see more of them in the future. >> reynolds, pretty cool stuff. thanks. >> you bet. >> today is international women's day. we want to hear from you. is it really time to celebrate? are things really all that better for women now? here's the big picture. women do two-thirds of the world's work, produce half of its food. but when it comes to payday, they get just 10% of the world's income. and they own just 1% of the land so how far have we really come? talk back. what's the single most important thing that has to change for women? send us your thoughts to facebook.com/suzannecnn or on twitter. we'll air a bit of those at the end of the hour. here's a rundown on stories we're covering over the the next hour. first a fund to help gorillas is going to get a boost. also, this is interesting.
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what do televangelist pat robinson and people in favor of legalizing marijuana have in common? more than you think. who gets custody when the kids are conceived after the parents separate? sso they fit! okay-y... okay??? i've been eating progresso and now my favorite old jeans...fit. okay is there a woman i can talk to? [ male announcer ] progresso. 40 soups 100 calories or less. ♪ ♪ wow... ♪
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this just in, democrats and republicans getting together. when is the last time you heard something like that? it's happening. the house just passed a bill to help small companies grow and go public. it stands for jump start our business startups. it removes obstacles to get in the way. the senate is expected to take up a similar bill. that's going to happen next week. we understand the president will support it. what is iran trying to hide? iran is apparently trying to clean up one of the nuclear sites before letting the inspectors in. >> the latest are unfolding as world leaders would get together for talks with iran.
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fran, we've seen this before, this cat and mouse game. most notably with iraq. ultimately the ipa's suspicions of nuclear weapons did not pan out. how do we know what's reel on the ground in iran? >> a lot has to do with what is your access? tlfg a time we engaged with north korea. there were trace materials on documents that were turned over to the u.s. government. you look at the imagery. you also look at the testing. whether overt and covert.
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you have to move deliberately down a path that gathers enough information you to make judgments. and i also think the way the intelligence community goes about assessing the information they do collect is different than when we went to war in iraq because of all the weaknesses we found in the system. so i think we're in a better system today than we were when we had to make the judgments about iraq. >> he weighed in on what he thinks the next course of action should be. i want you to take a listen. >> what do you think the next course of action could be, and do you think an attack by israel is imminent? >> i believe that if this is going to work we have to have a credible military option. meaning, iran has to believe that we'll do something, if we continue to pursue down the path. so continue sanctions and then show that the united states is serious when we say all options on the table. we can't say all options on the table. by the way, israel, we don't want you to do anything. that's not credible. fran, what do you think?
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do you think the administration is striking the right tone here? while keeping the door open for possible strikes? >> well, you know, it's funny. mike rogers of the house intelligence committee has it right. they're saying the right things. you do want to give sanctions more time to work. they are having an impact. you want international diplomacy. you want to give it a chance. russia and china have not been particularly helpful on this. and you want to keep the military option on the table. but you have to do more than words. whether that's making sure that the iranians understand we're working very closely with the israelis on a potential military option. that we're going through what would be the necessary planning to have a credible military option. and you have to understand, it's not mere rhetoric. this is not just words. but we're going through the paces to have a credible military option on the table, for the president, if he decides at some point he needs it. >> and fran, i want to turn the corner to syria. the president earlier this week.
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he made the case that this is a lot more complicated than carrying out air strikes in libya. he's taking on republican opponents saying they're beating the drums of war to make the case for puts boots on the ground. do you think the president has the right strategy when he resists doing more in syria? >> well, let's start with, it is true to say, syria doing an air campaign there is a much more complicated mission and the nato mission in libya. we know the russians have continued to arm the syrians, the assad regime with surfaced air missiles. so if they have serious air defenses and they're strengthening them every day, including now. so this is a much more complicated thing, and that is correct. here is the problem. the president who is out about a week or ten days ago and says the u.s. can't be with bistanders, and you see the videos coming out, the murder, the genocide on their people is horrif horrific. and you can't just say we're not going to be bystanders and not
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be willing to talk about what you're willing to do about it. i think that's the problem the president is having. i think he's right, it's more complicated. but he does have to be willing to say what we're willing to do with the international community to stop the murdered of the regime on their own people. >> fran, what to you think he should do? what do you think he should be doing more of? >> again, i think this is a matter of going through, and that may be happening, the military planning, to take action like john mccain has suggested we should take. you know, this week general jim matis, the commander, when asked about whether or not he was planning to g through syria didn't want to answer in public. that may be the signal that they're doing this sort of planning, but i think the president has to be willing to say that he's willing to consider it, and that he's got them doing planning, and he's looking to his military advisers for advice. that would be a step down the right path, i think, for having a credible military option in
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syria. >> do you think, fran, he should say it publicly? there might be discussions taking place behind the scenes? what's the advantage of him saying that publicly? >> well, because it does signal toe the assad regime that the days are, in fact, numbered. it has gotten sort of safe harbor and support from iran and from russia. russia is putting weapons in there. we've hard the reports about iranians giving them advice and the military advice. so what we need to do is show that we're not just standing idly by, but we are prepared to act with the international community if they're going to continue to kill their own people and get the support of russia they were given a cool million dollars to save the indangered gorillas. it's going to pay for conservation efforts in eastern
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congo where many gorillas are threatened by hunting, disease and logging. scientists say there's only ha few thousand eastern low land gorillas left on the planet. police in texas found two kids living in this old school bus in deplorable conditions. the bus smelled. the children were left to fend for themselves for much of the day. the kids are just 5 and 11 years old. the great aunt had to care for them after the parents went to jail on wire fraud charges. police say there were no signs of child abuse, but the kids are now in foster care. the d.a.'s office has not dec e decided whether or not to file charges. this is a train derailment in south carolina, forcing dozens of families to evacuate their homes early this morning one of the cars was leaking a
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hazardous chemical. it's now contained. there's no injuries. it's not clear what caused the train to go off the track. people in indiana are working fast to rebuild their schools after last week's deadly tornadoes. dozens of engineers say despite the damage, they can restore the elementary, the middle school, the high school, all by the start of the school year this fall. and a new film traces the election in term of president obama. it's being released in a few days. the trailer is out today. first look at road we've traveled. that's coming up next. with alka seltzer plus. it's specially formulated to speed relief to every inch of you. liquidate your flu symptoms with alka seltzer plus. liquidate your flu symptoms like splenda® essentials™ no calorie sweeteners. this bowl of strawberries is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to.
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>> senate is set to vote today on a bill to approve the keystone pipeline. the vote is expected to be closed. dana bash is live in washington. how close is it? >> we're not sure. but democrats are working it hard. this is a big one for the white house. a big one where you're looking ahead to the 2012 election. as you well know, president obama has made very clear, he does not want a big keystone pipeline to be approved now. and republicans have completely blasted him, saying that he's against jobs by doing this. so this is a vote that some democrats are having a hard time with. because they're hearing from constitue constituents back home they may be able to get a job or two with this. so the president is making calls to waivering democrats. they have to make sure that the republicans don't get 60 votes on this, and republicans are working it as well. so we'll see how it goes. but this is absolutely a key 2012 issue. >> and we know that the obama campaign in full swing here,
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obviously. but there's something that they're releasing. a trailer for 17-minute campaign documentary, what have you seen so far? >> this is really something. not only are they releasing a campaign documentary, which is 17 minutes, they actually released a trailer, very hollywood style. we'll play part of it. >> the president-elect is here in chicago, and he named the members of the economic team, and they all fly in for the first big briefing on the economy. >> if the auto industry goes down, what happens to america's manufacturing base? what happens to jobs in america? what happens to the whole midwest? >> so that part was obviously about the auto bailout. the whole thing in its entirety talks about what the president did on the economy, what he came in during the economic crisis, the auto bailout, obviously, and if fact that he got osama bin
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laden. so it really sets the tone for the themes that the obama campaign is going to be focused on, and it does include national security, which obviously hasn't been front and center. when you're the guy to get bin laden, it would be foolish not to campaign on that. this is going to be not only online, but it is going to be shown at house parties around. it's also a way to try to gel e galvanize the base. >> very savvy group over there. thank you, dana. appreciate it. for the latest political news, go to cnnpolitics.com. first lady michelle obama joining secretary of state hillary clinton in honoring women of courage. [ male announcer ] the cadillac cts sport sedan was designed with near-perfect weight balance from front to back... and back to front. ♪ giving you exceptional control from left to right... and right to left. ♪
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he wants to see marijuana legalized? he really did. and later a lottery millionaire caught on camera using food stamps. she says she wasn't doing anything wrong. after all, she's not working. what do you think? we're going to tackle that next. and hillary clinton and michelle obama served international women's day by honoring women of courage. on a day that celebrates female achievement, we're learning startling statistics about women and abuse, including the fact that one in three women worldwide will be raped or beaten in her lifetime. my next guest, she is doing her part to try to stop the violence. she wrote "the vagina monologues." she joins us to discuss her latest project, 1 billion rising great to have you here. can you explain what you're doing next? >> yes, i'm happy to be here and happy women's day. we've been doing v-day for the
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last 14 years. it's a movement as you know to end violence against women and girls across the world, and we've had amazing victories and amazing results, but we're still seeing enormous violence everywhere. and what we've decided to do for our 15th anniversary, which is next year, next february 14th, 2013 is to really push the issue further and say the time has come for women and men and people who love them to rise up and say we don't accept, we don't allow, we don't want more violence against women and girls, and for people to walk out of their jobs, walk out of their homes, walk out of their schools and gather with their friends, their posses in synagogues in streets and beaches on deserts and dance. one of the things we haven't yet come to see is that violence against women is the central issue of our time. if women are desecrated, raped, mute laided, burned, acid
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burned, destroyed as babies, the list is endless. the future is destroyed. and i think so many people are joining with us. >> why hasn't it improved? why hasn't it gotten better? one in three is a startling statistic. why is it still that bad? >> well, it's hard to tell whether it's gotten worse or just more women are talking about it now. when we started v-day 14 years ago we couldn't stay the word vagi vagina. we couldn't talk about the issues. women weren't breaking the silence. many more women are coming forward. it's changed in the sense that we now talk about the issue. but we still haven't end ee eed patriarchy. the idea that somehow men dominate, men determine the agenda, men have the authority and women come later.
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i think violence is the mechanism that keeps it in place. >> eve, what do you think of the silent language that we've heard. the controversy around rush limbaugh and george town student sandra fluke? >> what do you think about the fact that there's a big debate going on about this popular radio host calling this young woman a slut. >> i find the whole thing incredibly disturbing. i find it very disturbing that a young woman who came forward to talk about why we need health care and support and birth control should be even thought of being attacked. but to call her a slut, to demean her, to say things, like she should send in sext videos of her sex as pay back, that's a form of attack in itself. and i think rush limbaugh should be put out of business. i think people shouldn't support rush limbaugh. furthermore, we need to look at a dialogue in this country around women, how easy it is
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somehow for the dialogue to slam and degrading and undermining, and a language that reflects the kind of violence. >> do you think there's a double standard here? some folks have said, look, this goes both ways, republicans and democrats who used violence language in describing women? >> i suddenly feel somehow, i was laughing the other day. i suddenly feel like we've entered a new terrible vagina monologue that's been seized by men. just the images we had a line of men determining the future of women's bodies. we all have to look a the language we're using about women. and we all have to start thinking about really why aren't women determining the agenda for their own bodies? why aren't we coming forward to say what goes on inside us, what kind of contraception we use, what kind of health care we are
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entitled to, what kind of insurance we should have, the future of our bodies and the future of our lives, which are always connected with our bodies. >> eve, good to see you. as you said, happy international women's day. thank you. >> and i hope everybody will come next year and rise up. >> and here's something you wouldn't expect. evangelist pat robertson to say, but he did. marijuana should be legal. hear him explain why and we have the message that cigarettes can kill you. but a new report now says that young people are not listening. why a thousand a day keep picking up this habit. choose control.
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yesterday robertson told "the new york times" marijuana should be legalized and that the war on drugs has not succeeded. the 81-year-old has made similar comments throughout the year on the the christian broadcasting network. here's what he said. >> i'm not exactly for the use of drugs. don't get me wrong. i just believe that criminalizing marijuana, criminalizing the possession of a few ounces of pot and that kind of thing, it's costing us a fortune. it's ruining young people. they go in prison. they go in as youth and come out as hardened criminals. it's not a good thing. >> people want to legalize marijuana say they hope robertson's passion on the issue will sway conservative voters and other leaders to their side. most of us remember being told on television and in school, smoking cigarettes will kill you. well, despite the efforts, still, a thousand young people a day start up the habit. the new surgeon general's report
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puts the blame on advertisers. our elizabeth cohen is joining us now. and this is a report for the first time in some 18 years that we're taking a look again at young smokers. >> because kids are still smoking. and if you, the tobacco industry knows that if you start the habit before the age of 25, you're much more likely to keep it up through dullhood. so there are anti smoking advocates, who say that the tobacco industry is aiming its marketing to underage smokers. something that the industry denies. but let me show you a couple pictures that explain what these smoking advocates have to say. this is at a convenience store. you have marlboro advertising next to the ice cream snacks the. there's accusations that they work together to make this placement happen. look at this. that cute slush puppy guy in
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front of the marlboro sign. the next one n the back, you see the vertical stick there is, suzanne. they're fruit flavored zbrars. >> what? >> those are zbrars? >> those are little zbrars. they are tobacco products. they're fruit flavored. you know. i don't think it takes a genius to know that kids love things fruit flavored and bright and colorful and next to the easter eggs. now, you can't put joe camel on a pat of cigarettes nick. that's illegal. it's considered overt marketing to kids. but there's some concern that some of this more subtle placement is having an effect on kids. the tobacco industry has talked about it quite a bit. r.j. reynolds is the marketing director. should not be targeted to minors. and the spokesman said our tobacco companies target adults use tobacco. >> it's amazing. if i saw the easter eggs as well as the cigars. i wouldn't tell the difference.
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are there other ways they're trying to market to underage folks? >> the anti-smoking advocates really pointed a finger at menthol. they say that they're really popular among kids because the menthol works as an anesthetic, so if you're just starting to smoke, it helps the harsh smoke go down your throat more easily. if you look at middle schooler who is smoke, half of them smoke mentholatez cigarettes. advocates say they should go off the market. they should get rid of it entirely. it's basically a kid magnet. >> all right. liz beth. thank you. don't pick up the habit in the first place. >> rice. >> thanks. check out this story. a woman gives birth to twins by in vitro fertilization. a year after separating from her husband. but the court says he still has to pay child support. it's one of the headline making stories coming up in the legal segment. [ woman ] dear cat, gentle cat,
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i care about my car because... i think it's a cool car. i think it's stylish and it makes a statement at the same time. and i've never had a car like that. people don't totally understand how the volt works. when the battery runs down the gas engine operates. i don't ever worry about running out of battery power... because it just switches over to my gas engine. i very rarely put gas in my chevy volt. i love my chevy volt and i've never loved a car. ♪ all right, we got two things grabbing our attention. we have law and order today. the first change is court ordered child support. the twins were conceived through invitro fertilization. that happened a year after they separated. these babies were born using donor eggs and the husband's
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sperm, and she decided that she would go ahead and have these babies after she separated from her husband, right? >> yeah, those are the facts. and the husband said, basically, that he would coerced by her into paying -- into agreeing to this and paying child support on the threat that she would have him deported from the united states. that's the only reason he went along with allowing a child to be born from his donated sperm. and that case went into court in massachusetts, and the massachusetts court has ruled that he has to continue to pay child support. they don't care about his claim of fraud. >> do we expect that we're going to see more cases like this? because invitro fertilization is a lot more common now. i suppose it's a pretty murky area. the legal fight over child support custody issues when you're talking about conceiving that way. >> well, suzanne, it's a
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fascinating area where technology is really affecting the law, but in the end, the court always goes back to this bedrock philosophy, and that's the best interest of the child. and they really don't care, you know, that the woman tricked him into having the baby. in the end the court is looking and saying, who is going to support the baby? the state of massachusetts can, or the biological father, they're not going to put much stock in the claim that he shouldn't support the child. i think it's a clear cut case. more complicated cases, and this is what you have to worry about. let's say you're donating sperm to some kind of a sperm bank, and then that is subsequently used by someone you don't even know for a child to be born. if the court was ordering child support in that case, it would be a tremendous injustice. so far the courts have not done that. there has to be a connection between the parents and the child, and then they will order child support in the way that they always have.
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>> that would be a complicated situation. i want to talk about another story as well. there's this woman in michigan. she won a million dollars in the lottery, but now she's continuing to collect money for food stamps food assistance from the state. she's no longer getting those benefits. did she do anything illegal? >> well, this is an outrageous case, suzanne. here she is collecting welfare after she wins a million dollars. there's been a number of cases where people have continued to collect, and a lot of times the authorities never find out about it. but yes, i think she's in violation of criminal law. she has an obligation to advise the welfare authorities as to her assets. and it's illegal for her to continue to collect. most people don't do this, and they're really not going to be called to task. that's how she got away with this for a while. >> she's breaking the law.
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anybody who does this has to be aware she's breaking the law as well. i doubt it will happen because she'll pie the back benefits. the agency finds out you collected a few checks you shouldn't have. you get the money back. maybe you pay interest on it. usually they're not criminal prosecutions. of course, she's going to say here she didn't know that she had a requirement but it's no excuse. bottom line, i would be surprised if she gets prosecuted, even though theoretically she could. >> thanks coming on. >> it's international women's day. what is the single most important thing that has to this to change for women. more women in math and hard sciences. it's not always ability interest. it's also about the way we socialize little girls. the behaviors we award them for, the opportunities we afford them later in life. more of your responses coming up.
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women? erin says acceptance as being equal in the workforce and being paid equal salaries as men. both sexes are doing the same job and have the same qualifications so why is this lingering gap always there? beth says two things need to happen, all girls and young women need equal access to education and to birth control to space their children in order to stay out of poverty. tressa says women are expected to work a flooix job, be a mother, housekeeper, shopper, accountant and a cook. men work, come home, watch tv, take out the trash and go to men. i want to see a woman as president because they are already trained because they are already trained to be the diplomat of the family. keep the conversations going online. facebook.com/suzannecnn or at twitter @suzanne malveaux. so you think that poor are the only people hope pawn stuff? not so.
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>> what do they need the cash for. >> i've heard everything from estate maintenance, they have to pay the butlers, the grounds keeper. >> the rish are hawking stuff, too. every year, the consumer product safety commission lists the household items americans yell and scream about the most. here's the top five, electric ranges, dishwashers, foot ware, but didn't get the most online complaints. we're going to reveal those up next.
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we asked you to guess what household products americans complain about the most. so we're talking about electric stoves, dishwashers, shoes, don't even come close to refrigerators and microwaves. they get the most complaints. consumer product safety commission gets about 600 angry reports to the web site every month. mostly about just stuff you use, appliances. and this is interesting. you might think that only people down on their luck pawn their stuff. poppy harlow has found the wealthy now are turning in their rolexes, the diamond necklaces to get the cash. >> i wonder if you guys are interested in autographed album i have by elvis presley. >> maybe it's the tv shows like spector hard-core pawn." >> this is worth some bucks. >> maybe it's the economy. >> well, this is a beautiful tiffany's pin. >> but even rich folks are pawning stuff these days. >> we did a $20,000 loan on this. >> who's coming in here and
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trying to get a loan on things like this. a lot of people like to call them the 1%. they're our client base. >> rich people. >> people well off who have extraordinary toys but are not liquid enough to keep them. >> it's more expensive stuff than i might expect. >> this is a rolex. >> it's about $90,000, platinum rolex. >> there's cognac, coin collections, and torahs. >> this is 250-year-old torah. >> yep, the holy scroll. >> this is one of the most outrageous items. we are nothing more than your neighborhood branch of chase which is easier to get a loan from. >> this lender says the average loan they give out is 20 grand. >> what do they need the cash for. >> estate maintenance, they have to pay the butlers, the grounds keeper. >> rich folks just trying to kipe up with the jones. then there are the entrepreneurs like howard matola. did you ever think that you would be pawning your grandmother's diamond necklace
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to start a seafood restaurant? >> no, no, but it's not easy being an entrepreneur start urg own business these days, and it was difficult for me to get a small business loan. >> it's appraised at about $54,000. the loan you gave out. >> $30,000. >> $30,000. >> that's what he needed. >> he will pay 3600 bucks in interest at the end of his four-month loan. here's the upshot. no credit checks, no extensive applications and no knocks to your credit report if you default. >> just because you own a ferrari and have an estate does not mean you have 700 or 00 credit. >> it will cost you 4% a month at the two lenders is we visited. the maximum interest by lawyer here in new york. that's 48% apr a year. but in other states like alabama, nevada, and georgia, it's much higher. as much as 25% per month. experts warn treat it as a negotiation and never make the first offer. don't tell the lender how much you paid for the item, and make
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sure you know the actual value before lending it. >> the main thing we tell our clients, do not borrow more than you need. do not go deeper into debt. just borrow what you need and borrow what you can afford to pay back. >> poppy, this is kind of a surprising story. why do we suppose that rich folks are now turning to get a loan in this way and they're not actually going through a bank? >> reporter: right. that's what fascinated me. part of it is what we said, keeping up with the joneses. a lot of it has to do it's harder to access credit these days than it was in past years. just because they're rich doesn't mean they have the good credit score to get the loan from the bank. even if you do, it takes weeks and weeks from the banks. entrepreneurs, wealthy people that run their own companies that need cash to keep up with payroll can literally go into one of these glorified pawnshops and walk out with $20,000 that day and that's exactly what
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they're doing. what is very interesting when you look at this trend, it has increased so much. they told me it really picked up in the last year or so, but it has been happening more and more since the economic downturn since 2008. but the pawnshops no longer just for folks in need of cash that you would expect. they're really for wealthy people as well that are going more and more to them. part of it has to do with reality tv and the shows so popular now. >> they are actually. do they have any problems, counterfeit things coming in? >> yes. that's a great question. they do. what they told me is they have fake art come in. they have fake cartier watches come in all the time. this shocked me. the most common faking that comes in is a woman will come in with her fiance or husband to pawn their engagement ring if they need the cash and often times what they found is sometimes the ring is glass and not a diamond. i said what do you do when that's the case. the pawnbroker told me i sort of
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wink at the man and say this item is not for me. a lot of fakes come through the door, absolutely. >> he's in trouble when they discover that. all right, poppy, great story. nice to see you cnn newsroom continues right now with brooke baldwin. >> check the bling, suzanne. hi to all of you. everything making news this hour, rapid fire. hour, rapid fire. let's go. -- captions by vitac -- www.vitac.com >> first up, unexplained movement at an iranian test site. what does this mean? western diplomats allege it may represent some kind of cover-up of work on nuclear weapons. iran says that is ridiculous. we're going to try to get to the bottom of this one coming up within the hour. also, if you are one of those people right here perhaps who needs a gps to help you get around sometimes, you might have the trouble over the next couple days. why? two massive solar flares erupted from the sun late tuesday that sent billions of tons of highly charged particles headed our
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way. and they have the potentialings to disrupt electronics, power grids and crucial gps satellites. jobs, a four-letter word that democrats and republicans can agree on. jobs as in we need more of them. the house passed the jobs act today, 390-23 after weeks of positive talk between the white house and house republicans, the bill contains several measures aimed at removing barriers to small business investments. >> i think this bill will make it easier for businesses and startups to put the capital that they need together in order to grow jobs in our country. i welcome the administration's support for this measure and hope that the an senate democrats will take this up in an expeditious fashioning. >> huge recall to tell you about. 680,000 cars and trucks including tack comas, camrys.
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it involves the air bags being recalled because of some kind of brake light switch problem that could leave them stuck in park. apple making headlines again today. the wall street journal is reporting the department of justice is planning to sue apple along with five major publishers for allegedly teaming up to fix the price of ebooks. some publishers reportedly now in settlement talks with the doj that could lead to cheaper ebooks for all of you. cindy mccain will not be watching the new movie called "game change." she told piers morgan she believes it will give an inaccurate portrayal of her husband and former governor of alaska sarah palin. mrs. mccain says palin has been unfairly criticized. >> sarah palin is a remarkable individual, and whether you agree or disagrees with sarah, she has served our country loyally. she has been a good stalwart for many, many years, and i think
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any depiction of any woman particularly that is unfair in that way is just -- it's wrong. i lived this. and from everything i've read and heard, it doesn't even resemble what took place. so i can go to disneyland for fiction. >> will sarah palin be watching the movie? no, she will not be. movie is set to premiere this coming saturday. to indiana now and a look at the damage from friday's deadly tornadoes. all that is now left behind. this is what is remains of a gym at henryville high school. the restoration company that is rebuilding the school says from a structural standpoint, much of the school is intact and can be salvaged despite the pictures. and wells fargo customers in six more states can kiss their free checking accounts good-bye. beginning may 4th, the bank's new $7 monthly fee will be kicking in and it will affect customers with, quote unquote, essential checking in georgia, new york, new jersey, delaware, connecticut, and pennsylvania.
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this new fee went into effect in western states last year. and in north carolina, a woman fainted during the president's speech at an aauto plant there on wednesday. the president did take notice, actually called for paramedics and joked around with the koud just a little bit right afterward. >> think about that, 15,000. looks like somebody might have fainted up here. have we got somebody -- ems? somebody? don't worry about -- folks, do this all the time in my meetings. i mean, i -- you always got to eat before you stand for a long time. that's a little tip. but they'll be okay. just make sure that give them a little room. >> eat before you stand. so says the president. we are just getting started here. a lot more for you in the next two hours. watch this. imagine a building twice this size built in just two weeks. how would you feel about staying
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there? we have incredible time lapse video. i'm brooke baldwin. the news is now. an unemployed woman wins a million dollar lottery. sounds great, right. >> now we've learned she was still getting welfare, food stamps after her win. we'll hear from her this hour. plus, a massive amount of energy smacks into earth. find out how we're feeling the effects of these solar flares right here on our planet today. also, a new york soccer mom by day, allegedly a high paid madame by night. >> she was trying to set up a dating website which would rival match.com. >> we'll tell you about her big arrest, her home in the burbs, and her apartment in the city. and this. >> it's the last unexplored frontier on the planet. >> seven miles under the sea, movie mogul james cameron planning a monster record-breaking trip to the world's deepest point. we have incredible access to
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diplomats is that iran is trying to cover something up. what is that precisely? that's not clear. iran is saying the notion is, quote unquote, childish and ridiculous. >> this is a childish ridiculous story that some are making. does that answer your question? >>. >> reporter: is there any kind of construction activity going on at the site? >> i said this is a ridiculous childish story they are making out of something which is nothing. >> now there is a lot of talk today in vienna, the headquarters of the iaea, the international atomic energy agency. that's where we found our matthew chance. if iran is covering something up there, is anyone prepared to venture a guess what that might be? >> reporter: well, it's no real secret that this is a military facility used to test and develop weapons. the accusation is that in 2003 or sometime before then, it was
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used by the iranians, this site, to test explosive triggers for nuclear bombs essentially. that's never been proven, of course. iaea inspectors u.n. nuclear inspectors in january this year and january last month tried to get in to inspect the facility and were denied access by the iranians because the iranians say they basically hadn't come to an agreement as to what exactly they're going to look for. it all kind of fuels this suspicion that iran has something to hide. if they didn't, they should have let them in and have a look around. >> something though, matthew, that you know, that is kind of getting overlooked in all of this are the usually positive comments today from the supreme iranian cleric. you have iia toll little khomeini saying recent remarks by obama represent a window for diplomacy. he said the president's comments that the news conference on tuesday appeared to indicate he
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is no longer being in delusion. i want to play sound what the president said this past tuesday. >> at this stage, it is my belief that we have a window of opportunity where this can still be resolved diplomatically. that's not just my view. that's the view of our top intelligence officials. it's the view of top israeli intelligence officials. >> so matthew, you have the president, you have iran's supreme leader speaking of this, quote unquote, window of opportunity to resolve this dispute over the program in iran. might there be momentum building that direction? >> reporter: there is, definitely, momentum building in that direction. in fact, the five permanent members of the security council including the united states of course, along with germany, the so-called p 5 plus one group have already announced that they're going to resume negotiations with iran about its nuclear program. they haven't said where that's going to take place or when it's going to take place, but the
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expectation, brooke, it's going to happen perhaps as early as the end of this month or the beginning of next month. so there has been this decision taken by the u.s. and its allies and iran as well to get back to the negotiating table to try and hammer out some kind of agreement. now, whether or not this is another delaying tactic by iran is something that we're going to have to wait and see about. >> we will. matthew chance for us, appreciate it. back here, some not so great unemployment numbers out today. this all comes as the house of representatives vote on a jobs bill. we'll get you live coverage from the new york stock exchange. to keep big winter jobs on track, at&t provided a mobile solution that lets everyone from field workers to accounting, initiate, bill, and track work in real time. you can't live under a dome in minnesota, that's why there's guys like me. [ male announcer ] it's a network of possibilities --
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unemployment, they are up. numbers released just this morning by the labor department shoept 362,000 people filed for benefits in the week ending march 3rd. this is ,000 more than the previous week. alison kosik live at the new york stock exchange. i thought we had a pretty good trend lately jobwise. is this a reversal? >> you know, you're not wrong about it. the trend, brook has been pretty good lately. the people we're talking about are people signing up for government unemployment benefits for the first time. you're right because new claims have been around or below that 400,000 mark since october. being below 400,000 pretty much signifies a healthier job market. there's been a change in the past few weeks. last week, new claims rose by ,000, the week before they were up 1,000. these aren't huge increes but we're also not seeing any major moves down either. so what you really see are claims kind of stuck in neutral,
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even fed chief ben bernanke said the job market is far from normal. >> as we talk far from normal, tomorrow is a big day, government's monthly employment report is due. are today's numbers perhaps a foreshadowing of a lackluster unemployment rate? >> you know what, the unemployment rate, you can expect it probably to be kind of stuck in neutral again. the rate is expected to stay at 8.3%. we'll learn tomorrow. fed forecast from january only sees unemployment dropping to 8.2% this year with the expectation it will be in the low 7% range the next year. the take away with all these numbers is that the normal job market that weep consider normal is years away. before the recession, 5% unemployment. that was considered a sign of a healthy job market. but let me leave you with good news here. employers are hiring, the expectation is more than 200,000 jobs were added in february. if that does come out tomorrow to be the case, that would be three months in a row of job growth above 200,000, but guess
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what, it's not enough to move the unemployment rate down. we need to see strong job growth month after month and it could take years before we get back to normal. >> speaking of strong job growth, the numbers here allison was just talking about is the house of representatives overwhelmingly passes the job act. what this is a plan to help small businesses, startups and it has solid support from both sides of the aisle. let's go to congressional correspondent kate bolduan for us on the hill. to be clear here, this isn't the more ambitious jobs act we've been hearing from the white house, correct? same acronym, different initiative. >> same and acronym, different initiative. we should make sure we reinforce so people don't think they were having problems hearing well. there was bipartisan support for this bill. this generally speaking was a package of measures to help small businesses including them
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attract new investors and helping them to go public. and the thinking is by helping small business, it will help create jobs. it was ra bipartisan vote today. that doesn't happen much at all up here anymore. it will not surprise you there's more to it up here than just that. it's not just bipartisanship. you could think of it as bipartisanship for pretty partisan reasons. this is what i mean. by both sides, of course, want to help the economy, but through this vote this does help house republicans to rebut the ongoing criticisms and attacks from the president as well as democrats who charge that they're not doing anything, that they are obstructionists. by pushing a very popular and noncontroversial set of measures allows house republicans in the majority to point to a success. listen here to a pretty candid assessment from the number two house republican, eric cantor. >> what we're trying to do is to regain the confidence of the
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people that sent us here and by having a win like this, i think we can demonstrate that we really can work together. >>. >> reporter: and that they did, but still, democrats are like the top democrat in the houses are downplaying still the significance of this vote saying it still does not gets far enough to create jobs. listen here tols nan nancy pelo >> because it's so the meager. trumpet, ta-ta-ta-ta. here comes the little king. this is -- yes, it's bipartisan. yes, it's a good thing. we've passed four of them i think we've passed, a number of them we passed already with over 400 votes. okay already. we've done it. it's good. let's do it again but let's not mistake it for what we need to do for a real serious comprehensive jobs bill for our country.
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>> so, clearly, brooke, the disagreements do continue up here, but something did happen up here that does not happen very much at all anymore, which is a bipartisan vote and agreement around a piece of legislation. >> i like that, nancy pelosi. a-da. we'll see what happens in the senate. kate, thank you. and now to something a lot of you are talking about, billions of tons of highly charged particles are bombarding the earth as we speak. no, this is not the end of the world, folks, but some of our modern conveniences ie perhaps cell phones could go on the fritz as a result. the problem goes back to our sun. i'm going to walk to reynolds wolf, hello, sir. >> on the face of this, this doesn't sound like the most daunting thing in the entire world. a solar storm. >> i'm not that worried. is that okay? >> i think we're going to be all right. originally no one believed it was going to be a bit stronger. they have a scale like a saffir-simpson scale that goes fres g 1 to g 5. they said in a statement earlier
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today, they think it's going to be closer to g1. this is the image from the pulsing effects we have on the sun, is unlike say a light bulb we have here in the studio, the sun is not a constant. it is a pulsating osh of energy. it changes quite a bit. these are some of the more grand fluctuations we'll notice. we notice in this image, get a mock-up of sun spots which show the unequal heating or cooling on the sun. these are hotter spots. if you're wondering what it can do, you're talking about the interference with the gps. absolutely it can happen. >> over the next couple days? >> possibly through monday. it's weird how it can effect radio blackouts especially in the northern half. i would say part of the globe closest to the sun. high power grid outages. gps and satellite interruptions. yeah, you could make a drive to tennessee this weekend and all of a sudden you find out, wait, my gps is not working.
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you can blame the sun for that. >> print out my google map version of directions. >> we don't need you to go back into the days of lewis and clark. there is onen cool thing though. >> pretty pictures. >> to talk to you about the pretty pictures, we've got to find decent weather. the best place in the country to see them, mainly up in the northern tier of the states, chicago, maybe even denver. the problem is we have a full moon. with a full moon, it's going to be really hard to see picture perfect conditions for this, probably not going to happen. >> about when, midnight? >> it's going to be on and off through the weekend and into monday even, you might have a shot of seeing it. >> thank you very much. now to this. coming up next, two kids, 11 and 5 years old found living in fitth in this school bus. all while their parents are sitting in jail for stealing money from hurricane victims. this is a heartbreaking story
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there is a story out of texas that should remind all of us that we can do better. i want to show you a picture. it's a picture, here it is, of a bus. take a close look here. two children live there. a 5-year-old boy and an 11-year-old girl. we're not naming them, but you can imagine them walking around the property, which by the way, is full of trash. the kids' parents are in a federal prison for fraud. their grant aunt lives there. but she, would 12 hours a day and the kids say, in the bus, they're being home schooled. yesterday morning, someone tipped off authorities, this is montgomery county, texas, and deputies moved in. >> their living conditions did seem quite deplorable. it's tough. the children are obviously unkempt. there's an odor about the residence and the children. it's frustrating both as a
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parent and as you know, a law enforcement officer in the community to see this. >> it should be frustrating. for each and every one of us to see this. there are so many more questions you can ask. how about when the parents were carted off to prison, was no one assigned to check up on these twos young children, a 5 and 11-year-old? no one? they were just left with a relative. was no one else is involved with the parents' case assigned to check to see where that relative lived? no one? the kids say they were being home schooled. did anyone check up on that? if we can't do better than this, then what can we do. just a thought. but with advair, i'm breathing better so now i can take the lead on a science adventure. 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
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words. you can piece them together, soccer, mom, madame. that's right. and this story is getting morning headlines in new york. soccer mom busted as this alleged madame of a high end upper eastside brothel. here is tony aiello. >> she tended to be sort of old school and kept a low key profile, dollars everything pen and paper. i doubt there's much of a paper trail. >> kristin davis who once procured prostitutes for former governor eliot spitzer. she says anna chris grits tina had a reputation of offering a rotating cast of beautiful young women. >> girls come here for a month and work and go back home. she was known for having more transient girls. >> they say she ran an erotic building from this be building. the indictment includes a co-defendant whose name has been blacked out. multiple media outlets identify the co-defendant as janie may
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baker, a model who once worked for a high end match making service now reportedly being sought by police. the name of the morgan stanley banker gristina met with on the day of her arrest is also out, david spencer walker. >> she was trying to set up a dating website which would rival match.com. >> peter gleason says gristina was seeking legitimate funding for an internet business. at her home today, her husband drove off in his range rover without comment. kristin davis says if the da is the correct and she made mill n millions over a decade or more, it was truly risky business. >> to be in business for 10, 15 years one means you've got somebody tipping you off and it means you're dlooe delusional. this isn't a profession. this is just quick and easy money, get in and get out. >> next hour, we're going to talk more about the case. is there a case to be had with legal analyst sunny hostin.
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the united kingdom celebrating 6 years of queen elizabeth on the throne. today she begins her official tour. max foster, in jam may ca with the details after the break. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air -
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baby news to report yet, but the queen is celebrating 60 years as the head of the british monarchy. her husband, phillip, the duke of eden borough and kate the duchess of cambridge joined her today for her start. of prince harry is handling the overseas portion in the caribbean where we find max foster still out and about where you've been to the bahamas and belize and now you are in jamaica. nice gig, as i said. talk to me about the diamond jubilee tour. what's the significance? >> reporter: well, the queen is not just head of state in the united kingdom. she's the head of state in 15 other countries, as well. and jamaica is one of them. she wants to mark her diamond jubilee, 60 years on the throne by visiting all those countries where she's head of state. she can't make to all the
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different countries from asia to the caribbean to south america. so she's just focusing on the uk tour but she's sending her children and her grandchildren around the world for her. so prince harry visited belize, the bahamas and here in jamaica to represent her. so that's the idea of all of this. lots of tours, every country where she is queen. they'll get a sense of her through her family. >> max, we'll talk about your quick catchup with prince harry in a moment. i do want to ask you, how old was the queen when she took the throne, and what are her official duties? >> reporter: well, she was just 25 years old. so she was younger than william and harry are now. they often talk about how remarkable that is. and if you imagine her first prime minister was winston churchill, she's met every president in living memory really apart from one, u.s. president that is. so she's had an incredible insight on history really.
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that's what's so interesting when you look into her story. she doesn't have any political power. it's a purely ceremonial role. there was an example recently when she went to ireland, a country where a british monarching had never visited since it became a republic. she healed wounds really, she went in there as a guest. and there are huge sensitivities about the british in ireland, but she healed wounds there. she does have a role in diplomacy, but no political power. >> i'm still back on you know, thinking of where you are when you're 25 and becoming queen. that's stunning. we also, max, have noticed the duchess of cambridge she's more it seems in the public eye shopping with camilla, duchess of cornwall, the queen, as well. >> reporter: yeah, most interesting. a source in in the palace did tell me they're in the legacy business now. so the legacy business of the queen. and in a way, you could look at these recent visits where she's
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included camilla and kate as a way of handing over the role of royalty and helping through, teaching them the ropes. just today, kate and the queen were. lester, and there were were huge crowds, and i don't think it does the queen any harm, brooke, to have kate there, as well. she's one of the most famous people in the world and it's a great way to start that uk tour, much of it she'll be doing on her own. >> people love seeing kate and prince harry. she's in montego bay representing the royal family. you caught up with him. how is he doing down there. >> reporter: he's all right. i mean, he's had this amazing experience. he's done incredible things. he raced the fastest man in the world and beat him, usain bolt. it's been an extraordinary tale. just yesterday in a town here, he was on a walk about and they had to cut it short because he was moved. he's a huge star here it, bigger
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star than before he came here. last night to finish things off on this tour, he went to a beach party on an island off the coast here in jamaica. did i join him. feeling a bit dony. but i did meet up. he's thrilled the way it's gone. prince charles and the queen have both complimented him. interesting he also has been getting texts from william during the tour. bits of advice all the way through. so william's been helping him along here, as well. these are brothers. they're a team, not just the heir and the spare. >> dodgy, dodgy assignment as you say. on an island for a party with the prince. i am a little jealous. i wouldn't exactly say prince harry beat usain bolt in that race today. i think mr. bolt let him win. max foster, thank you very much. if you want to keep up with the royal family, there is an official royal website, royal.gov.uk and there's also a link if you want to follow with
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the schedule and if you would like to send a message to the queen, you can do so. it is not just regular folks that occasionally head to the pawnshop. the uber wealthy also need cash from time to time. find out exactly how they do it, how much they get back. but first, everyone has something in their home that bugs them. maybe it's the alarm clocking that keeps going off at all hours, the kitchen light that keeps flickering. whatever it is, chances are you have complained about it and you're not alone. the consumer protection safety commission released a list of the product categories that american consumers complain about the most. here's the top five. number five, your microwave. maybe it's the blinking clock, i don't know. number four, dishwashers, forcing many of you to clean the plates the old fashioned way. number three footwear. maybe more serious than broken heels or blisters. what could be the top two products we are complaining about? stand by for that. what's this? [ male announcer ] quaker oatmeal squares
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we were talking before the break about the top five product categories that drive american consumers crazy. we talked about troublesome microwaves, dishwasherses, for the wear, number two refrigerators, and finally we get annoyed with our electric ranges and ovens according to the cpsc. top five categories we complain about. now flackback to 2008. barack obama was a democratic presidential candidate out and about on the campaign trail going up against john mccain. and while on that campaign trail, remember samuel wurtzel backer better known as joe the plumber? remember him. >> i'm getting ready to buy a company that makes 250, $270,000
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a year. your new tax plan is going to tax me more, isn't it. >> that was quite the moment. that was the start of a cordial conversation about candidates obama's tax plan. four years later, president obama is up for re-election and joe the plumber is a republican candidate for congress in ohio backed by former gop presidential candidate herman cain. and during an appearance on cnn's early start this morning, wurtzel backer got a little testy with my colleague zoraida zam bow lynn whether he she challenged him about comments he made in 2009 about the gay community. >> you made comments about gay people. we're going to put them up for everybody to see. queer means strange and unusual. it's not like a slur. like you would call a white person a honky or something like that. you also said, i've had some friends that are actually homosexual. i mean they know where i stand and they know i wouldn't have them anywhere near my children.
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but at the same time, they're people and they're going to do their thing. have you changed your positions on this at all? >> so this is tmz, this isn't cnn is what you're saying. >> these are things that you said that i would like to know if you still stand by them or if you have changed your positions on nem. >> no, i want everybody to have a job. americans, as far as that goes. >> what about these comments that you made? do you stand by these comments? >> listen, in my dictionary, in everyone's dictionary from the 1970s, the word queer did mean strange and unusual. there was no slur to it. do you challenge that? >> no, i'm questioning whether or not you still stand by these positions. >> i'm trying to get where you're coming from. >> on homosexuality. >> what context are you using this in? >> the context i'm using. >> you're trying to do a gotcha moment. it's quite obvious. >> these are things that you said. i think people who are voting
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for you should have an opportunity to understand whether or not you have changed your positions on these two issues here. >> i tell you what, i have spoking with jimmy over at go produced and him and i are in agreement i'm going to work towards all americans it, homosexu homosexuals, straight. they want yobs. i'm allowed to have my opinions as an american. it seems the left becomes very intolerant when you have an opinion other than what they state. >> when you decide to run for political office and all of your opinions come back. sometimes you need to explain them. i appreciate your time this morning. >> my opinions are mine. >> za rye da sam bow lynn. he'll be facing off against marcy captor notice november to represent ohio's 9th congressional district. just yesterday, we told you the world's richest man is $3 billion poorer this year. still has $69 billion. but i want to bring you the story of this country's richest, the so-called 1% and how they too are adjusting to tougher times.
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i understand maybe you're not feeling their pain. here senior cnn's poppy harlow. >> i wonder if you guys are interested in an autographed album i have by elvis presley. >> maybe it's the tv shows like hard-core pawn. >> this thing is wort some bucks. >> maybe it's the economy. >> this is a beautiful tiffany's pin >> but even rich folks are pawning stuff these days. >> we did a $20,000 loan on this. >> who's coming in here and trying to get a loan on things like this? a lot of people like to call them the 1%. we call them our client base. >> these are rich people? >> these are people who are well off who have extraordinary toys but unfortunately are not liquid enough to keep them. >> it's more expensive stuff than you might expect. >> this is a rolex. >> it's about $90,000, platinum rolex. >> there's cognac, coin collections, and torahs. >> this is 250-year-old torah. >> yep, the holy scroll. >> this is one of the most
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outrageous items we very loans again. we are nothing more than your neighborhood branch of chase which is easier to get a loan from. >> lender jose says the average loan they gave out is $20,000. >> what do they need the cash for? >> estate maintenance, they have to pay the butlers, the grounds keeper. >> rich folks just trying to keep up with the jones. and then there are the entrepreneurs like howard matola. did you ever think that you would be pawning your grandmother's diamond necklace to start a seafood restaurant? >> no, no, but it's not easy being an entrepreneur starting your own business these days, and it was difficult for me to get a small business loan. >> it's appraised at about $54,000, the loan you gave out. >> $30,000. >> $30,000. >> that's what he needed. >> he will pay 3600 bucks in interest at the end of his four-month loan. here's the upshot. no credit checks, no extensive applications and no knocks to your credit report if you default. >> just because you own a
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ferrari and you have an estate with acres does mean that you have 700 or 800 credit. >> it will cost you 4% a month at the two lenders is we visited. the maximum interest by law here in new york. that's 48% apr a year. but in other states like alabama, nevada, and georgia, it's much higher. as much as 25% per month. expes expesht -- experts warn treat it as a negotiation and never make the first offer. don't tell the lender how much you paid for the item, and make sure you know the actual value before lending it. >> the main thing we tell our clients, do not borrow more than you need. do not go deeper into debt. just borrow what you need and borrow what you can afford to pay back. >> hmm. poppy harlow, okay, a lot of questions for you. if you're talking about more affluent folks, these are folks who can get a loan, go through the bank. why turn to a pawn store? >> well, first of all, what i was surprised here is a lot of
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these folks might be really rich but don't have the great credit. they're having a hard time getting a loan through the bank. some of these folks run businesses and feed a lot of cash on hand for payroll. if you walk into a bank, even if you got 800 credit, you're not going to walk out with $20,000 in cash that day. you can if you pawn, if you go through a collateral loan. interestingly, 90% of the folksing that pawn this stuff off the lenders told me come back for it a few months later. and pay that pretty high interest rate. but if they don't, then by law, this stuff is auctioned off and then actually, if you've pawned it, you get back the difference if it is auctioned off for more than, say, you pawned for just minus the interest. that's something you need to know if you're going to do this so you don't get ripped off. >> looking at the headline over your shoulder pawning torahs and diamonds for loans. poppy harlow, thank you. now you know this guy, movie mogul james cameron. he is planning a trip to the
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miles down within you the pacific ocean, essentially uncharted territory and home to life forms we have likely never ever seen. so in the coming weeks, titanic filmmaker james cameron plans to go back underwater. only this time he's not searching through historic wreckage. he's going to be exploring the unknown. cnn's jason carroll was the only reporter invited on cameron's ship for test dives. >> james cameron is on a mission and what you're seeing is another step or better to say dive towards reaching it. >> it goes by fast. no, it does. it's so exciting. because every second you're seeing something cool. i'm wiped out after the dive because your brain is going 1,000 miles an hour. >> though he may be best known for directing two of the highest films of all time, "avatar" and tie tannic" he is known in the scientific community as an accomplished deep sea explorer. after working several years,
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cameron and his team have created an advanced sub to take him to the deepest known point on the planet. in a joint project with the national geographic society, he sets his sight on challenger deep carved in the mariana trench some 36,000 feet below the surface, nearly seven miles down. >> i want to get down there and look around an image and use these 3-d cameras and bring it all back so people can see what's there. it's the last unexplored frontier on the patent. >> he has taken his sub deep sea challenger on a series of test dives. already they've collected strange looking organisms at depths so extreme it would crush a man. it's a treasure trove for scientists. on this day, our cameras are invited to are a key test dive. >> we're going to 26,000 feet, we meaning me and the sub. tomorrow afternoon. you're not coming. it's a one-seater. >> with the test at 26,000 feet
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cut a little short. >> is requesting permission to ascend. >> deep sea challenger made it to a little more than 23,800 feet, then had to come back. >> good news is, it's now officially the deepest diving submersible in the world. the bad news is, never saw the bottom. got about five major systems failures that prevented me from going on. >> but cameron and his team did go on to reach a point beyond 26,000 feet. their next step? challenger deep. >> jason carroll, already back in new york after we showed the map, whatever it was out in papua new guinea. this is amazing you got to go. it must have been a total rush. >> completely. this was once in a lifetime type of opportunity. it was amazing to be out there with cameron and his team of scientists and the folks from national agree graphic. everyone passionate about what they were doing. the submarine engineers, the
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biologists, the scientists, everyone group effort. you know, it takes a village. takes a village if you're going to do an expedition like this. >> if someone has to have the vil, it is james cameron. you have to look at history. i know he's gone deeper than any other mum on a solo mission what was it, back in 1960? >> it was back in 1960, two men on the tryes t went down in a submersible. they were down there for 20 minutes. they hit the seafloor and all the silt came up and blocked their view. they didn't really have an opportunity to see what was down there. let alone collect samples. cameron, his goal is to get down there, not only see what's going on, take 3-d images of what's going on, take stills of what's happening and retrieve samples. he's trying to do all three. the bottom line it's really about science for him.
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>> how long can he stay down there? >> the goal is to spend a minimum six hours but on a previous dive, brooke, he internet ten hours. if he gets down there, i'm not going to say he's going to spend ten hours down there at the bottom of the trench, if he gets down there and six hours he feels as if he's got things left to do, he might go 6 1/2, maybe 7. you don't know. he's going to have to feel his way through that particular part of the process. >> i feel claustrophobic in my older age. you mentioned the risk factor. the pressure on him potentially. >> well, look, he knows that there's risk involved. but this is a man who is an experienced deep sea diver. he's dived many, many times in the past. he knows what the risks are involved in instinsomething lik. he's so dedicated to improving science and learning more w
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