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tv   CNN Saturday Morning  CNN  October 16, 2010 8:00am-10:00am EDT

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one tablespoon of olive oil a day drops blurry vision by a half. key ingredient is omega3 fatty acids. if you think about these foods because we talked about this, the best foods as far as omega3s go, salmon, tuna and mackerel. walnuts are probably the best as far as nuts. hope that helps you. thanks for watching. i'm dr. sanjay gupta. more news on cnn starts right now. good morning, everybody. blackout in new york. the lights aren't out rather one particular channel is out and it could keep millions of sports fans from seeing playoff baseball and nfl football this weekend. a major change in drug sentencing guidelines.
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guidelines many people argued for years discriminated against african-americans. hello to you all from cnn center. this is your "cnn saturday morning." 8:00 a.m. in atlanta, georgia where we sit. 7:00 a.m. in fayetteville, arkansas. glad you're here. >> thank you for starting your day with us. we have a lot going on this morning. let's get a check of some of our top stories. a gas explosion has killed at least 20 coal miners in china. at least 17 are still trapped. china said this week it has closed more than 1,300 small coal mines this year. china has one of the deadliest records for miners. the mexican government has suspended a search for david hartley. tiffany hartley says her husband was shot while jet skiing on the mexican side of falcon lake. after speaking with mexican authorities friday, hartley's family hopes the search will start again monday. and rapper t.i. is heading
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back to prison after violating probation on a gun charge. a federal judge sentenced him friday to 11 months saying he's "had the limit for second chances." we just have 17 days to go until the all-important mid terrell election term elections. they have the big dog on the campaign trails including president obama. busy raising money for the democratic party. he's campaigning for an old friend in massachusetts today. patrick is in a tough election contest right now and former president bill clinton was busy campaigning for former political rival yesterday. he was stomping at a rally for the california gubernatorial candidate jerry brown. also on the republican side, don't get much bigger this campaign season than former alaska governor sarah palin was out or will be out with rnc chairman michael steele at a
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republican rally in anaheim, california, this evening. democrats important right now the task at hand for them is trying to bridge the so-called enthusiasm gap all over the country including in maryland. they are having what's called a get out the vote day. union members are sponsoring the event in a black area of maryla. democrats hoping these two groups can delir on election day and let's find our congressional correspondent brianna keilar in the middle of it all. good morning to you. >> reporter: good morning, t.j. we will find out on election day whether the enthusiasm gap is pervasive here in maryland. there's a straight up match when it comes to the race here. are maryland voters going to reverse themselves based on certain issues that they are facing here. unemployment not as high as national average.
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it's about 7%. certainly jobs and the economy are the big issues here and even though maryland trends democratic, there's that question of whether republican voters are more enthusiastic and come out. this race here, mart be martin o'malley would tell you it's closer than he would like it to be. >> 7% unemployment is better than a lot of places around the country. we appreciate you. thank you so much. former white house chief of staff rahm emanuel is rallying the troops for his chicago mayoral bid. emanuel kicks off his petition drive today. he sent an e-mail to volunteers yesterday asking them to start gathering signatures this weekend. he needs 12,500 registered voter signature by november 22nd to get on the ballot for the february 5th election. >> we'll be on the road at cnn hitting the road next week with
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our cnn election express bus trying to figure out what's on the minds of americans. we know much of that have to do with the economy and jobs but we're coming out to talk to you. i'll be aboard all next week. you can watch us for our coverage as we go from charlotte, north carolina, on monday to columbia, south carolina, on tuesday to macon georgia on wednesday, jacksonville, florida, on thursday and friday we'll see you in tampa, florida. we want to hear from you ahead of this trip. what in those local economies do you want us to talk about? what should we highlight and where should we just go have lunch? send me a tweet at t.j. holmes cnn or on facebook. want to hear from you before we head out on that trip. also, this morning, need to turn and tell you about this. two suspected u.s. drone attacks that killed 13 suspected militants in pakistan friday in a tribal region near north waziristan that problem area you have heard plenty of times before. the area borders afghanistan and is known for militant activity.
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pakistani intelligence said drones targeted two militant hideouts. the pentagon will not talk about the drone attacks. happening now in france, growing unrest over proposed pension cuts. more street demonstrations are set for today across the country following a workers strike earlier this week. the protest halting much of the nation's transportation and sparking fears of a fuel shortage. let's bring in cnn's jim bittermann live in paris with the very latest. what's is the latest, jim? >> reporter: we're in the fifth day of that strike and what's beginning to happen as refinery workers join the various unions that are out on strike, there are starti ining to be fuel shortages. both airports in paris are fed by a single pipeline that's connected to a refinery. that refinery is on strike and so fuel supplies at the airports are running short. what they are saying is they
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have enough fuel to last through monday night and then beyond that they will have to figure out some kind of alternatives. they are warning pilots they may not get the fuel they come in here meaning they want enough fuel to get back to their destinations. we're seeing lineups out on the streets here in front of the service station as people try to get gasoline. the government was trying to avoid panic buying on the part of motorists but motorists are trying to be prudent and worried this could go on for some time yet. >> at the moment does it seem like it's a fear of the supply cuts beginning to affect motorists or are they seeing some type of shortage? >> reporter: well, depends how you look it at the situation. in fact about 200 or so gasoline stations have been shut down because they are out of fuel. that just adds to the impression that fuel is running short.
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now, both petroleum companies and the government are saying that there's enough reserve supplies to go around at least for a week or so and people shouldn't panic but that hasn't really left much of an impression with motorists especially those that have to commute. >> when you see demonstration continue to go on it doesn't make motorists feel confident it will wrap up in a week or so. thank you so much, jim. during the gulf oil disaster we kept hearing day after day that so much of the gulf waters were being closed to fishermen. it was killing their business. well, business is coming back because they are getting the green light to go back to many of those areas. we'll tell you just how much of th that water is open to fishing again. >> bullying without boundaries. we'll tell you how to protect you and your kids from this. before we go to this quick break, can you answer this question? 17 days until the midterm
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election. we've been talking about this a lot so you should know this but we've got a political news quiz for you. how many senate seats are up for grabs in this year's midterm election? is it a, 59, b, 37 or c, 19. we know the d.c. correspondent sitting next to me knows the answer. ♪
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ten minutes past the hour. before the break we asked you this question. a political news quiz for you. how many senate seats are up for grabs in this year's mid it term election? i will hand it to my d.c. correspondent sitting next to me who certainly knows the answer to this question. >> yes. as i'm sure you all know as well. because s a political junky this year. the answer b, 37 senate seats are up for grabs this election. there are 100 total senate seats. 59 of those are held by democrats. for more on all things politics, everything you need to know, go to cnn.com/politics. so, what else? >> what else? well, how tough is it would you say finding a parking spot around southern california these days? >> i know in washington, d.c. it's very hard. >> it's hard in d.c. we have it easy in atlanta quite frankly. parking is no big deal. it gets tricky out there in california. they had to go this route. san diego police investigating the case of a corvette that was
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left parked in the pacific. they soon discovered a couple was nearby. they may, may allegedly had too much to drink. they tried to run from the scene. our affiliate there says the two were arrested for public intoxication. the vet was a rental. they claim a man they met in a nearby bar was driving the car. >> it's this guy. they don't know his name. they just know that he was driving it. >> doesn't it hurt your heart seeing something as beautiful as that car being eaten away by something that corrosive. >> i buy that. if you owned that car, you wouldn't do that. >> it has to be be a nice looking vet. >> good morning to you. you said maybe a bad start to
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the day but we could end up in a really good spot. >> we've got a storm system that's in parts of the northeast and instead of making its way across the atlanta, it's going across the atlantic. we could see minor issues. let's hop to it and see what we got. expected delays out there in a couple place. one of those would be portland, maine, due to rain and wind we were talking about earlier and then in terms of other delays, portland, and phoenix possibly rain or thunderstorms that could come later in the afternoon. for everything else the time being we have a big zero and that's good news if you're a traveler. let's show you what we have. a good day in much of the eastern seaboard. the reason why is that we still are in that area of high pressure building into the southeast united states and the result is going to be much better than the one you have seen in new england with scattered showers and raindrops. we'll deal with breezy conditions back in our nation's
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capit capital. plenty of sunshine along much of the gulf coast. 86 degrees the expected high. breezy in the morning. scattered clouds by afternoon. the front will punch through. should be beautiful. los angeles, marine layer possible along the coast. that fog and clouds will lift out at least by mid morning into the afternoon. 73 degrees the expected high. as we look at the rest of your weekend, it's going to shape up pretty nice for you. cool air continues to push its way through parts of the great lakes. houston, 85. san francisco, 65. boston, 65 degrees. most of the rainfall moving out. still possibly some up in canada but the southeast remains dry. that's a quick snapshot at your forecast. we've got a whole lot more coming up straight ahead. you're watching "cnn saturday morning." and aleve was proven to work better on pain than tylenol 8 hour. so why am i still thinking about this? how are you? good, how are you? [ male announcer ] aleve. proven better on pain.
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it will be a while before we get a picture of the child. we're playing a song, alicia keys congratulations to her and her new husband. just welcomed their first child, a son, they named him egypt. born october 14th in new york. these two got together it was very quiet and hush-hush for quite some time. you all ridiculous on that couch. >> because we're all so tall. >> i love that you said that we're tall. >> we're fine. >> i think it's you.
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you need to be in the middle. >> i can put my leg down on the ground. >> is this happening right now? >> i'm sorry. congratulations like we were saying to alicia keys. we'll move to an honor normally reserved for athletes, action heroes and other famous folks but check it out. how much fun does that game look, guys? >> that's a game? >> maybe this is the rough draft. >> this is the actual game. this is a game for those 33 now free miners in chile. this flash game that recreates the ups and downs of the capsule that carried each man up to the surface. >> i don't think it does. >> that's the point. you help each man into the capsule. bring him up to the surface and then supposedly they come out. >> give it a couple months. we'll have a good 3-d game. >> it this is the prototype.
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>> let's skip that all-together. let's go to the university of michigan. we have this video here ready. these guys. >> i don't know this one. >> check this out. >> these guys are in their 70s, would you believe that? university of michigan alum. talented group of cheerleaders. >> good gosh almighty. >> 70 years old. >> a 17 year old couldn't do that. >> he's pretty limber. >> i have just fallen in love. >> i'm really impressed with these guys. >> i have fallen in love. this is now why of course we actually have all of us on the couch because you guys were going to reenact. >> as if. look at this. my gosh. >> that's why you are wearing the same color scheme. >> that's amazing. one bad fall and you're supposed to take it easy when you advance in age. these guys are going all out.
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impressive. very cool. >> i love that. >> one more here. this one on another note. you guys know and certainly on the weekend we've been covering this guy for some time. t.i. is going back to jail. this young man just got out of prison at the end of last year. spent the first part of this year in a halfway house. this is video of him leaving the federal courthouse yesterday. judge sending him back for 11 months for a probation violation. he got a pretty sweet deal. you will remember right beforehand. he was facing up to 20 years possibly in prison. and the deal he got to keep him out of prison only went for a year. >> is that when you interviewed him? >> interviewed him before he went to prison and right after he got out. take a listen to what he told me after he got out of prison. >> i don't feel the need to make any assurance to others. i think you watch me live my
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life and you see how i move different than i did before and you see how i behave different than i did before, i think that in itself will be your assurance. i mean, i think that's the main question everybody wants to know. how do we know it won't happen again? you know, you have to sit and watch and see. you know what i'm saying? i know it won't happen again but i can't convince you without action. >> we were sitting at his house when he told me that. i was in the courthouse yesterday and the judge was -- everybody was disappointed. but he says, his attorneys say, it this was a matter of a drug addiction. he's a young man caught with ecstasy, marijuana, out in california. >> they say he needs rehab and not jail. >> he stood up and said i'm sorry. i screwed up. i need help. the judge was not hearing it. >> after the drama that happened in atlanta this week when authorities say that he helped through a video message talk
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someone down from potentially committing suicide on top a major building in mid town. >> that was part of his defense. they brought in an atlanta police officer and said look at how he helped this young man. many thought it was a hoax and might have been staged. atlanta police don't think so. a lot of people hurt and disappointed right now including the judge who went out of his way to keep him out of prison all those years and maybe he can do some good. >> more celebrities in prison. >> he's going back. six kids. just got mariried. a lot of people depending on him. just giving you guys a hard time. not used to seeing three people on the couch. >> it worked. >> quick break. we'll rearrange some furniture and be right back. re? ♪ client comes in and they have a box. and inside that box is their financial life. people wake up and realize i better start doing something.
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with texting, e-mailing and the internet, bullying doesn't just happen in the school yard or on the street anymore. we've seen this end in tragedy with the news we've been covering in the past few weeks. rutgers university student tyler clementi is believed to have committed suicide after his roommate streamed video of an
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intimate encounter with another man. megan myer killed herself after being bullied by a classmate and the classmate's mother online. there are things you can do to stop online bullying. to get to that is our digital lifestyle expert mario armstrong. thank you for joining us. this is a serious topic. >> absolutely. >> i know you have done some research on this. talk to me about -- parents feel helpless in this situation. what can can parents do? what's the first stepparents can take if they know this is happening to their kids or how to help this from happening to their kids? >> i hear your pain in the question. it's one as a parent myself, i have an 8-year-old son, he goes to a school that has students in that school carrying cell phones so i absolutely understand what parents are going through and what they're feeling. i think the first thing i like
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to do is give practical steps today that parents can take. there is no silver bullet to this. i think the first thing you can do is set up what's called a google alert. you can place in basically a google alert is free to use. go to google.com/alert and type in your child's name and child's friends name and when their name is posted on the internet, you receive an e-mail as to where that name is posted. it gives you a sense of monitoring their name. that's one eyes step people can take. >> why do you say they should get on social media to get involved? >> this blew me away. almost 50% of fourth through eighth grade students are being cyberbullied. i think a lot of people think this is a teenage thing and we have teenagers and others on social networks.
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as a parent you have to join facebook. get over your fears of it. get over the fact that you don't think it's something that's necessary. it's not going anywhere. you need to take basic classes. you can go online to look up facebook 101 or go to your area community college. some are free, some charge a small fee. get the tutorial on how to use facebook. we need to become online hall monitors if you will. we need to become friends with our kids online and let them know we're watching what they're doing in their best interest. >> you talk about social media. you also earlier mentioned cell phones. what about mobile bullying? is that a problem as well? >> a huge problem. ask any kid if they are carrying a mobile device, nine out of then will have a mobile device with them. it's not the big computer in the living room or laptop in the bedroom. it's a small device. you can do it anywhere. a couple things to be aware of. if you are worried about what
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your kid may be send organiing receiving, there's a website to monitor text messages that are coming to and from cell phones. it doesn't cover all phones but a few of the phones out there it will cover. also, the other thing you can do is turn off image notifications. i can send out a text message with a racy image but if my phone doesn't accept those images via text, i won't see it. the last thing is if you get any type of messages on your cell phone that are harassing in nature, save them. don't delete them. that's why action needs to be taken against someone else. >> i can talk about this for much longer. per usual we don't have enough time. thank you so much. those are helpful hints and tips for parents and kids. thank you so much. >> my pleasure. i put some of this up on the blog because it's a lot to talk about. we'll do a phone call monday on judge hatchet's parent power now.com network for viewers that
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have actual questions. >> that's great. thank you so much. join us every saturday at this time for our tech guru who will give you the scoop on technology you can use and big important issues like this. we'll be back right after this. impressive resume. thank you.
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making headlines. two suspected u.s. drone attacks have killed 13 suspected militants in pakistan. this happened friday in the tribal region near north waziristan. the area borders afghanistan and has been a problem known for militant activity. pakistani intelligence says drone attacks targeted two suspected militant areas. botox has been approved for treatment of chronic migraines. fda says the drug should be injected maybe every three months around the head and neck area to dull symptoms of migraines. it hasn't been shown to work against other forms of headaches however. france right now in the middle of protests. people there objecting to some reforms by the government in particular raising the retirement age from 60 to 62. people have been striking there. a general strike. it has shut down a lot of
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business around the country but also in particular 10 of 12 oil refineries and right now that's causing a pretty good shortage. people starting to lineup at gas pumps and threatening to halt operations at france's two major airports or at least slow operations there. the president says the government will not back down on this. it is 17 days until the much anticipated midterm elections. time to check your political ticker with the best political team in television. congressional correspondent brianna keilar is joining us live in oxon hill, maryland. that's topping our political ticker this hour? >> reporter: we have trending on the political ticker sarah palin. she made some comments on thursday night at a conservative forum getting a lot of attention. talking about being proud of u.s. troops and she said when i hear people say or had said during the campaign that they never have been proud of
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america, haven't they met anybody in uniform yet? referencing those comments that michelle obama, the first lady, something she said during the campaign that she caught a lot of flak from conservatives for bringing up the past there and then that really hotly contested senate race in nevada between senate majority leader harry reid and the tea party backed republican candidate sharron angle is turning into a battle of money. sharron angle raised about $14 million. that's a huge amount of money. harry reid just under $2 million. her campaign is really touting that number. this is my personal favorite on the ticker today. miller channels the old spice guy in a new ad. it's funny. if you have seen this ad and you like this ad, i do, it's hilarious, he has that sort of sultry voice in this ad and he's saying hello voters look at your
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ballot. look at him. look at her. a funny way to take on the incumbent republican who is staging obviously a write in candidacy. it's funny and worth a look on the cnn ticker. >> fascinating how they find the most unflattering photos of their opponents to put in those ads. we'll talk to you in the next hour. looking forward to it. thank you so much. and hanging over this entire election season, frustration. voters dissatisfied with just about everything. the president, the congress, both parties, the war in afghanistan. josh is here with more on that and more from cnn.com election center. hey, josh. >> every midterm election season seems to have its own theme, right? we all remember the one after 9/11 when there was a lot of patriotism and others focused on war. voter frustration all over the place is determining so much of what's happening in our country right now in these final days leading up to the election.
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you learn a lot about that from the election center. we have a section on polls. let me show you some of the major polls. when you look at them back to back, it's astounding where things are politically in our country. 55% of americans say they disagree with president obama on the issues that matter most to them. 58% oppose the u.s. war in afghanistan. 66% are saying they disapprove of congressional republicans. 64% are saying they disapprove of congressional democrats. this is a tremendous sense of frustration. let's look at this. maybe we can zoom in here a little bit. this is what's happening right now. what's up for election and what's not. this is the race in the u.s. senate. 40 democratic seats not up this year. 23 republican seats not up this year and balance of power all hangs right here in the middle of those 37 seats that will determine where we go from here. let's look at the house. you have on this side 237 incumbents on the democratic side. 157 republicans there.
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inside here you have open seats and obviously it being house everything right there. you can learn more at cnn.com/politics. click on election center and you will learn everything you need to know including the nifty political ticker that brianna was just talking about. >> thank you so much, josh. 37 minutes past the hour. we'll always talk a lot of politics here on cnn. it's your spot for politics. you can't talk politics without money. it's a lot of it out there. we'll be following the money trail coming your way at the top of the hour. where you don't get thrown by curve balls. ♪ this is the age of knowing how to get things done. ♪ so why would you let something like erectile dysfunction get in your way? isn't it time you talked to your doctor about viagra? 20 million men already have. ♪ with every age comes responsibility. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain,
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good. this time, i'm watching fees like a hawk. i hate hidden fees. why should i have to pay for something that i shouldn't have to pay for? td ameritrade's pricing is clear and it's straightforward... it's spelled out upfront. no hidden fees... no bait and switch. no gotchas. and there's one flat rate for online equity trades... fobig accounts... or small ones. that's the way it ought to be. call, click, or come in to td ameritrade. that's what one man wanted to do. just fly out of there. he was called too disabled to fly by the airlines. >> us airways pulled him off the flight for what the airline calls safety reasons. the man you see there is in a
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wheelchair. he has flown for 20 years in his role as a motivational speaker. the airline said he couldn't help himself or others if there was an emergency on the plane. the passenger says the airline was just plane wrong. >> i immediately thought something was up with my family. i let him take me off the plane. this is a flat out issue of civil rights. >> he has traveled nearly a half million miles in 20 years and no airline before has ever taken him off the plane. until now. >> we'll see how this works out. possibility of some legal action coming. 41 minutes past the hour. quick break. right back.
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>> that was just cause kate is here this weekend. christmas two months away now but seems to be a royal candidate for grinch of the year already. the queen. queen elizabeth. yes. she's canceled this year's christmas party for the 600 staff members of buckingham palace. it's actually maybe not such a bad thing. first, put the party in perspective. this is a big deal for people that work there. >> yes. what happens is it only happens once every two years. she invites all of the staff, 600 plus you can bring a partner. this is a chance to really see the queen and she'll dance with
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the footmen and the prince will dance with the maids. time to break that barrier. a big deal. she says she's canceling because of restraint showing solidarity for the fact that britain is facing a tough economy and the biggest budget deficit
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television channels meaning some wanting to watch weekend baseball playoff games or football games are out of luck. news corp pulling the plug at midnight despite calls from the fcc to find a resolution. >> we'll get a take on what some folks being out baseball and football in the new york area. and also we'll talk to rick
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about this high paid athletes and baseball budgets out there. does a huge payroll guarantee you a trip to the world series? take a look at this. of the four teams left in the playoffs, two of them have payrolls above $100 million. the yankees and philadelphia phillies. also, a story of survival and redemption really. a baseball manager testing positive for cocaine almost ends his career. instead his team wins the first playoff series ever. also, brett favre allegedly sending inappropriate e-mails and pictures and voice mails to a new york jets employee. there's concern now about some superstar preferential treatment. let me bring in rick. good morning to you. let me get your take on what's happening in new york right now. a lot of folks up there are without fox. won't be able to see nfl football this weekend. playoff baseball this weekend either.
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will they get this worked out in case the beloved yankees make it to the world series some folks won't be able to see it up there. >> well, they hopefully will get it worked out by the world series. people want it worked out by this afternoon and remember, when there is a labor dispute, you also maximize leverage before you get a settlement down. this is significant leverage for three plus million people. pulling the plug happens when the sides are so entrenched they are ready to come to terms hopefully. it can't last very long i can't imagine how people are going to be without their loved football and the yankees during the playoffs. this is big-time leverage as we've seen. world series for fox doesn't start until next week but national championship series does. we have a deadline. >> let's move to big money. big money budgets for these teams. if they have big money, does that mean -- it sounds like and looks like two out of the four got pretty big budgets. you can buy yourself a
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championship. >> well, you can buy yourself access and an opportunity. you can also spend a lot of money and not get there. ask the cubs, the dodgers, the angels and how about the mets? of the teams that have $100 million plus payrolls, only phillies and yankees are still in and were in at the beginning of the playoffs. of the world series, 30 in the last 30 years obviously, 18 world series champions different teams. so here's the philosophy in baseball and in life. it always helps to have money but money doesn't always guarantee you happiness. how's that? >> i don't subscribe to that theory. $55 million for texas rangers. is that a little misleading? we just assume they have a small budget that they won't able to compete. >> good to know you don't subscribe to that theory but the texas rangers don't have to because they went through bankruptcy. nolan ryan emerged as one of the
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owners of the team. through seven innings last night they were in good shape. about to take 1-0 lead in the series. they did not. yankees won game one. you don't need a lot of money to be successful. >> great story with the manager there in texas. >> yeah. ron washington. a cocaine issue. nolan ryan and his people stuck with him. it's perseverance. bottom line is he's a great baseball person and knows how to deal with people but also knows how to deal with tragedy and also some negativism in his life and of course that helps in baseball. there are a lot of peaks but also valleys. >> would you say brett favre and issue with racy text messages he sent to a woman who was not his wife, is he getting preferential treatment right now? the nfl is investigating. is he being treated like a st p superstar right now? >> remember, wrangler jeans has a big campaign and talking about
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longevity and vikings are 1-3. he makes nearly $20 million a year as far as overall endorsements and dollars are concerned. they need to get to the bottom of this very quickly. >> we know big football day today. college football. reynolds standing by. we'll be spending time together after work heading over to auburn, alabama. >> should be a great day not only for us but for great teams in the country. northwestern wildcats not playing this weekend. they happen to be off, rick. here's a look at your football forecast. ohio state and wisconsin. number one versus number 18. they will play in madison. 58 degrees for the kickoff. should be a great game. boise state and san jose state, they get things started at 8:00 p.m. 72 degrees. nebraska and texas. if texas loses this game, it will be the first time they had three consecutive losses since 1997. oklahoma and ohio state play norman. kickoff around 7:00 p.m. 70 degrees with hazy skies.
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number 7 auburn tigers versus number 12 arkansas razorbacks at 3:30 this afternoon at auburn. i hate to say it but i it tell you auburn is the number 10 pass defense. arkansas has the number one passer. this does not look good. rick, what do you think? >> here's the deal. which one of you two is driving? one of you two will be darn unhappy when you go together after work. the bottom line is the auburn team, number seven, they look good especially with their guy. but arkansas, you have ryan and it will be a heck of a game. i'm not throwing this because this is plastic. i think these guys are going win right here. razorbacks. >> rick is good for something every once in a while. >> i think t.j. is walking home. >> appreciate you. >> now i know who is driving. >> quick break. appreciate you also always. hav. and inside that box is their financial life.
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you love to dance. >> you don't dance too much in d.c. >> we don't. if you saw in that bump shot, we're not very good dancers. >> i wasn't going to say this. check this out. show this picture. very cool picture of the white house. it looked like it was washed pink. >> yes. >> it's a pink house for a night. you can imagine white. pink lights in honor of breast cancer awareness month. >> president obama said it would be bathed in pink lights from 6:30 p.m. to 11 p.m. george w. bush started the tr tradition in 2008. it's not just the white house. there is a special two-wheel salute. >> it's very empowering to be on
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the bike. it's something that just puts you out there and you can just feel like you're free. >> i love this. it's called heels to wheels. this is the third year for the women's only cycle ride. you can get into the action, guys, as a buddy. i love that. >> 17 days as you know coming up on midterm elections. latest from the campaign trail coming up in just a second. >> and coming up in our next hour, politics and money are so closely intertwined. the impact and influence. stick around for that.
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can money buy an election? we're asking that question this half hour. i'm t.j. holmes with kate bolduan. we spend this 9:00 eastern half hour digging deeper into an issue that directly affects you. >> this morning's topic, politics, money, and the midterm elections. we'll follow the money as well as we can and that can often tell you a lot about the candidates themselves. >> so take a look and let me know what you think this tells you. in the senate race alone, the democratic senatorial campaign has raised more than $101 million. on the republican side, $86 million. we're talking about party committees. >> we'll also look at money coming in from outside groups. a big factor in this election. conservative groups spending $121 million on midterm election so far.
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liberal leaning groups about $79 million. we'll tell you how that could affect the outcomes this year. and also we're taking a look at the money raised by candidates themselves. look at this. arizona's republican senator john mccain spent about $27 million. nevada's democratic senator, harry reid, $19 million. new york senator charles schumer, $18 million. that's a lot of money. in wisconsin, senator russ feingold about $14 million. your eyes are probably glazing over. $11 million raised for rob portman in ohio. this midterm election has already cost $3.5 billion. we still got a couple of weeks to go. >> that's right. let's get started by taking a look at candidates who are spending millions of their own money to run for office. it's a lot of money going around this election cycle.
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congressional correspondent brianna keilar is joining us from oxon hill, maryland, with a look at money and politics looking at the self-funders as i like how they're called this cycle. who are they and in general do these candidates pour their money into the race and is it fair? >> reporter: is it fair and also does it even work? because you know they say money can't buy you love. the question is can it get you a senate seat? let's take a look at a few of people who are still in contention. a republican from california is the senate candidate or the nominee for republicans there. she herself has funded about half of her campaign. she's put about $5.5 million into her campaign. she's a former ceo of hewlett packard. then you have linda mcmahon. a republican in connecticut. she's the nominee there for the senate seat.
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she has put in $22 million funding 99.something percent of her campaign. she's a former world wrestling mogul. the one to really end all of self-funders is meg whitman. she is the republican nominee for governor in california. and can you even imagine this. she has put in $139 million of her own money setting a record for any candidate for all time. recently eclipsing michael bloomberg for the amount of money he put into his last re-election bid. that's a lot of money. the question is does it work? for these folks, yeah, they are still in the race. they have a tight race. they have a shot. there's a whole lot of other self-funders where it just hasn't paid off. this might seem counterintuitive. a lot of them fare a whole lot worse than other candidates who are not wealthy like these
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former ceos and moguls and are booted out of the race and don't win. >> if history suggests using one person's own money doesn't necessarily pay off, there must be some advantages of pouring in so many of your own money or the candidates wouldn't do this, right? >> reporter: you'll hear candidates when they run ads. rick scott in florida a republican there running for governor putting in $50 million of his own money. he says i'm beholden to nobody because i didn't have to raise money from special interests and so that's something that these candidates can sell to voters. there's a whole bunch of disadvantages and experts will tell you the disadvantages outweigh the advantages. first, you have the relateability issue. one that can put $139 million of their own money into their campaign. can you relate to them as a voter? especially when you are talking about the economy being what it is. >> just shows there are high stakes at play in this. i was just looking this up as a
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point of comparison. 139 million for meg whitman pouring her own money. this is far surpassing this. it's amazing. >> reporter: what struck me is when you said the political arm in the house for democrats raised $101 million in total. that's significantly less than just this one candidate in what she's putting toward her own race. >> watching that closely. right now i think the cnn poll shows that jerry brown is holding a lead but we've got 17 days left. we'll keep watching. >> reporter: very close. >> you can often find out a lot about a candidate by looking at the source of some of their money. when we come back, we'll look at those sources and we'll learn what all of that outside money really means. first, just as we said, 17
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days until the midterm elections. we have another question from our political news quiz. out of 435 house seats, how many of them are up for election this year? 435, 236 or 156. we'll have that answer after the break.
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welcome back. 17 days to go before the midterm elections and no one pulling punches right now. you have seen the ads on the airwaves. some are ugly. pensi expensive too. who is funding them? outside groups some of which remain unanimous. >> they have names like americans for prosperity or americans for apple pie. >> here's what the president is talking about exactly. take a listen to this now.
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>> boucher has failed to protect our jobs. it's time rick boucher loses his. >> we have no idea who these individuals are. this could be a foreign entity. it could be someone who has a corporate identity in the united states. it could be a very wealthy individual. >> republicans not the only party with wealthy friends with money to better than. wealthy democrats benefiting from the shadowy outside groups. >> congressman steve pearce named the most corrupt politician we have. >> all of this perfectly legal. corporations can give cash to help defeat or promote candidates and you don't have to disclose the donors. it's beyond who is giving but who is giving more. we want to bring in sheila. she's the executive director for the center for responsive politics joining me this morning to help us sort through some of
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these numbers. first of all, just give us an idea in comparison to midterm elections in the past so that we go back two years, four years or just in history. how are we on collecting money right now? how are they i should say but as far as money coming in and being spent in this mid tetermidterm, it compare? >> coming in fast and furious this cycle as was predicted after that citizens united versus fcc supreme court ruling. we had predicted back in march based on trends that this election would cost $3.7 billion up from just $2.8 billion in 2006. so based on spending that we've been seeing and receipts coming in, i think we're on track to at least match that 3.7 if not surpass it. >> would it be a record midterm year? >> it would indeed. in fact, we say that each cycle that we're breaking the past records but this cycle i think
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may go beyond that typical trend. >> and how much do you blame the spike we're seeing on that supreme court decision? do you put all of the blame on that? is that why we see so much more money? >> no. i think that there's a lot of money going directly to the candidates and parties as well surprisingly given this down economy. and that has nothing to do with this outside spending other than maybe they are able to generate more money in order to combat those independent groups spending money against them. i think this is an unusually expensive cycle. another factor, a huge factor is intensity and high stakes. >> will we ever have you on during a midterm and you say, yeah, there's less money going to be spent this time around than the last midterm. what will it take to bring numbers back down again? >> you know, i think it will take a radical shift that don't see on the near term horizon for this cycle or likely next
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election cycle either. we typically see an upward trend beyond the rate of inflation and even though this economy is so tough and so many people are hurting, clearly the people who are generating campaign donations are able to deliver as much or more than before. >> what have you all been able to find on this story that was sparked about a week or so ago. the president coming out said it out be on the stomp that republicans and some of the shadowy groups that are giving money to republicans have been able to find a way to give foreign money into our election cycle. they didn't offer any evidence of that. that was part of the controversy but from what you all are seeing, is there foreign money coming in and influencing this election? >> the bottom line is that we have no way of knowing. the contributions going to these outside groups have spent so far $173 million and that's not counting all of the independent spending by the parties.
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and so it's huge sums of money. hundreds of millions of dollars anticipated by november 2nd and much of that money will go undisclosed. the organizations will say it's not foreign but we have no way of proving that. i think it's not responsible to accuse organizations of foreign donors unless we have evidence. of course with the chamber of commerce we know that they do collect dues from foreign corporations. they are saying they segregate the funds. >> chamber of commerce who specifically the administration did call out. another thing here to you. all of this stuff and collecting of the money and spending of the money is legal but in your estimation, is it right? >> you know, i think information is good. and these organizations, these independent groups, ideological, business associations, unions, purport to provide us with important information that voters need to have on election day. if they were doing so in transparent way and saying
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here's what my organization stands for. here's who we are. and here's where we get our money, i think that would be okay. we should not censor information. voters want to have all of the information at their fingertips to cast their ballot. the problem is that so many of these organizations are essentially front groups. shadowy organizations that we have no idea what they stand for. they try to say they are issue organizations but they target our votes and it they don't say who is bankrolling their effort. >> we'll talk to you again after the break and we'll start with the question of just how much does it cost these days to get a seat in congress. more with sheila right after the break. >> first, another look at our political quiz. just 17 days until the midterm elections. we have another question. the question we want to make sure you can give us the answer in our political news quiz. out of 435 house seats, how many of them are up for grabs this election year?
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435, 236, or is it 156? we'll have that answer after the break. [ woman ] alright, so this tylenol 8 hour lasts 8 hours. but aleve can last 12 hours. and aleve was proven to work better on pain than tylenol 8 hour. so why am i still thinking about this? how are you? good, how are you? [ male announcer ] aleve. proven better on pain.
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before the break we asked you another question from our political news quiz. how did you do? out of 435 house seats, how many of them are up for grabs this election year? is it 435, 236 or 156?
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answer is a. all 435 house seats are up for election. house members are elected every two years as set by the constitution. for more on the upcoming elections, go to cnn.com/politics. >> i want to bring in sheila, the head of the center for responsive politics talking about -- they track this money. talking to her about where this money has come from and where it's going and another record being set for these mid terms. a question for you here. how many -- what is the going rate these days for a seat in congress? literally, how much does it cost on average if you will, a candidate to actually win a seat? >> well, it changes each cycle but in the last election cycle in 2008 a house candidate needed to raise at least $1.4 million on average to win their seat. and in the senate the average winning senate seat cost $8.5 million. clearly this is not a sum that
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most americans can muster. these are people that either have the wealth themselves as you were speaking about self-funding candidates earlier or have access to people who can provide this money. >> now, for the most part, does it translate if the person with the most money end up that person ends up winning? >> yes. the vast majority of the victors on election day are those who spent the most money. of course there are exceptions. money is not enough in and of itself but it's a critical element so if you have got name recognition, charisma, good campaign skills, good campaign organization, and the money and you have more and in some cases a lot more than your challenger, you are a viable candidate and in good stead to win on election day. >> sheila, all right, i don't know how you keep up with these numbers but do you a good job.
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we appreciate you helping us wade through some of these numbers. thank you so much. you enjoy the rest of your saturday. >> my pleasure. thank you. 22 minutes past the hour. we have something to show you after the break. you know the old spice commercials, that guy, we have a political take on it from a candidate who is running for the senate. stay with us.
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personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. always fun this time of year. right before the campaign season you see wacky political ads. >> i think this election cycle, this midterm election has offered some of the most memorable ads that i've seen in a long time. >> it this one we'll show you. it's not necessarily wacky. i find it awfully creative. >> you know how i feel about this guy. >> i know how you love it.
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we want you to look at this ad and then look back at us. >> hello voters. look at your ballot. now look at him this is joe miller. now back to your ballot. you see him name. now look at her now back to your ballot. sadly she's not on your ballot. why? because she lost. she lost to joe miller. look up. it's joe miller, an officer in the u.s. army that served in the first gulf war. now look there. joe miller is the father of eight and was a respected judge in alaska. look up. it's joe miller in washington restoring that thing you love called the constitution. now look again. it's money. money joe miller has saved you by stopping the outrageous spending in washington. now look at your ballot. vote for joe miller for united states senate. >> even the whistle at the end. that's brilliant. >> notice two things about this ad. one, i'm just happy he did not show up with the towel or on the horse himself. that's good. >> credit for that.
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>> two, notice whose name is not mentioned once in the ad. >> never said it. >> why? because she's now a write-in candidate. last thing they want to do is remind everyone who the name is. >> very clever. creative. and again she's not on the ballot. people are going to have to be able to spell her name out there. they say they might accept something similar but people will be trying to spell it out. >> why isn't my last name smith? >> joe miller, give the guy credit. creative ad. politics is what we do here an cnn. best political team up in d.c. of which you are a part of up there in d.c. but a part of our election coverage is that big bus. we have a big bus. a roving office you can call it. our election express. we're hitting the road next week. i'll be aboard. another week of election coverage coming to talk to you, charlotte, north carolina. we'll see you on monday.
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tuesday, coming over to columbia, south carolina. wednesday, macon, georgia. make sure you have nice china out. thursday, jacksonville, florida. on friday we'll wrap up in tampa, florida. now, this is what i want you all to do. let me mow before i hit the road if you are in those cities what i need to know about those cities, what i need to cover and who i should talk to and maybe what restaurant i need to stop by. you can do this and get ahold of me at t.j. holmes cnn on twitter and facebook.com/t.j. holmes cnn. >> you're going to get an earful i'm sure. voters are ready to talk. it will be really great that you're going out. there's a lot to talk about. 17 days left. >> 17 days. all right. kate and i will be back at the top of the hour. we'll have more live news for you as always as "cnn saturday morning" continues. right now over to my dear friend
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stephanie elam with "your bottom line." see you back here shortly. finding a job that fits you and your salary needs isn't easy. the best high paying jobs and how to snag one. why the recession has made divorce more difficult. how to protect your finances for better or worse. is it too soon to budget for holiday spending? think again. we have a program just for you. the show that saves you money starts right now. let's get started with housing now. mortgage lenders on thin ice with news that several mortgage companies are freezing foreclosures across the country due to some faulty paperwork. states attorney general and other officials are on the case. that's not good news for lenders. with one in every 139 homes receiving a foreuclosure filing in the third quarter this could be welcome relief for
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homeowners. >> this is a real challenge and here's major reason why. the biggest mortgage lenders jointly own a company that lets them manufacture document the banks need to foreclose on homeowners. if the paperwork were entirely accurate, that might be okay. but in fact some of the documents are filled with made up details allowing banks to expedite foreclosure. let's have a look. this woman brought her dream home four years ago. hard times hit and she fell into default on her mortgage. this summer she declared bankruptcy hoping to head off foreclosure. how important is it for you to hold onto this home? >> outside of my children and my family, there's nothing more important. >> the threat of a foreclosure looms from citimortgage even though the company doesn't even
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her mortgage. fannie mae owns it along with millions of other home loans. fannie mae's name is nowhere to be found on the assignment of mortgage document citimortgage produced in the bankruptcy case. the document states the mortgage was assigned to citimortgage. her lawyer says the bankers are not following proper legal procedure. >> this is an improper assignment of mortgage that's meant to shortcut the system. it's less about the truth and more about how fast can we get this property foreclosed on. >> citimortgage which collected the monthly payments says there's no foul play here. it's normal procedure. fannie mae agrees pointing out this is how it operates all of the time. in fact, citimortgage owned the loan very briefly for only a couple of months back in 2006. the original lender, home loan center, sold the mortgage to citimortgage on november 3rd 2006, the very day she borrowed
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the money. less than two months later, citimortgage turned around and sold that loan as an investment to fannie mae on january 1st, 2007. yet the assignment of mortgage documents stating citimortgages owns the loan is dated june 24th, 2010. that information on the document comes from a virginia company owned by citimortgage, fannie mae anotheg mortgage players. mortgage electronic registration systems. when banks sell mortgages, they use mers to keep track of the real owners. mers has 64 million loans in its data base. if a bank wants to foreclose, it turns to mers for the necessary documentation. much faster and cheaper than retrieving local title records but mers papers sometimes don't reflect the true status of the mortgage.
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>> we're seeing forgeries. we're seeing backdatings. we're seeing post-datings because lenders are scrambling to come up with a chain of titles that mers was unable to provide. >> mers says it provides clarity, transparency and efficiency to the housing finance system. citimortgage tells cnn it relies on mers data to pursue clients who are delinquent on their mortgage payments but lawyers for homeowners are increasingly challenging the way mers operates. >> whether a foreclosure, mounting debt or a lack of savings, the financial crisis of the last two years has impacted all of us. cnn's soledad o'brien has been busy putting the final touches on a brand new special almighty debt. this one is near and dear for a lot of people because they've been struggling with debt but when you look at how the church
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factors into it, it's more textured. >> it's one of the most influential institutions in the black community when the black community is in crisis and devastation that's followed that. we wanted to see what the black church is doing in this new front in civil rights which is how are it they helping not just their parishioners but people in their communities recover from a devastating financial situation. >> a lot of people lean on the church when they are going through that, right? when you talk about this, what did you find was the most surprising that people encountered? >> we know that black wealth is a function of history when it is slavery, black people were not garnering wealth and money obviously at the same time white counterparts were. there's that. also at the same time it's a function of debt that's a big part of that. african-americans have high debt. when you have a crisis like the one we're seeing now it is pushing african-americans out of the middle class. people who are middle income and
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by then supposedly middle class are barely middle class because once you lose your job and that income and you look at a guy like karl fields who we profile in this documentary out of work for 20 months. a man in his late 50s. fired right before his 58th birthday. vice president. he is really struggling and working hard to get a job and he's for the first time now relying on his church connections to try to figure out how to re-enter the job market. he can't pay his bills. trying to figure out how to keep his family from moving out of the middle class into poverty frankly. >> the crazy part about it is his story is not uncommon and that makes it so sad. you have all of these stories. is there one story that perhaps sort of stuck out for you? >> i love this kid who we profiled. a high school senior when we first met him. he wants to be an actor so
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desperately. he's talented. he's poor. he has a parent who cannot possibly afford to send him off to college. to go with fred who is in this catch-22. the only way to move out of poverty for him is to get an education and to improve his circumstances by going to school and being able to sort of move up the ladder. at the same time, how does he pay for the school that he eventually is able to get into because it's going cost him -- he has to take out almost $20,000 in loans and it puts a massive burden on a kid that's 17 years old and has no savings. >> hasn't worked for that kind of money. >> that's a tun ton of money. we look at the black church stepping in not to help just fred but the freds of the world to make sure you push people up the ladder economically in the long haul by helping them in the short-term achieve things like college. >> and we were at a screening together in houston. i looked at a lot of it. doing packages leading up to it that you'll see next week and
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you can always watch black in america on thursday at 9:00 p.m. eastern time. all right. next, high paying jobs that you might be qualified for. plus, it's the most wonderful time of the year. how to rein in your holiday budget. stay with us. [ male announcer ] the next big thing from lexus is not a car.
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if you are one of the 15 million people currently out of work, finding a job that fits you and your salary needs isn't easy. we're here to give you hope this saturday morning. there are high paying jobs out there that could be just right for you. amanda is with "money" magazine and joins us now. you talk about these jobs, how do you choose which jobs to look at and that would work for a lot of people? >> in this recovery some industries are going bounce back much faster than others. this year's list draws from only the six fastest growing industries. these are the fastest growing jobs in the fastest growing industries and then there are also high paying jobs, professional jobs, and we had 40,000 workers rate the jobs by quality of life factors. things like stress, work flexibility. >> also probably salary too.
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>> of course. >> they like that part. let's talk first about software architects. sounds basic what they do. what makes this a good job for people? >> this job is in demand today obviously because companies increasingly need these services. and unlike a lot of programming jobs which are going overseas, a software architect has a lot of face to face interaction with the clients. they are product managers so the local demand is very high. software architects love the job because it's creative, it's challenging and for engineers who have good people skills and like interacting with other people, they can get out from behind the computer screen. >> that's a good thing if you have two talents. what about consulting. there are some pros and cons of being a consultant. >> cons, gruelling schedule. traveling a lot. but the pros are there's a lot of satisfaction of going into a place and tackling a challenge. a company may say i want to increase revenues by 20% and you hopefully will come up to a
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solution to that. consultants say that's a very satisfying job. >> sales director. they can make good money. >> salaries can fluctuate but yes it's one of the highest paying jobs. the top earners will earn $222,000 a year. >> let's talk about data entry. they could go places with this one. >> of course. i.t. is going to be the second fastest growing industry in the next decade. >> okay. that's definitely something that people can think about for data entry. of course you have biomedical engineer on here but who's the person to apply for that job and probably get it? >> you need sort of a combination of skills. you have to have an interest in biology but then also have an engineering background. it's that mix that makes biomedical engineers love their jobs. some days they work only in biology and some days only in engineering. >> for people out there hopefully looking at the best high paying jobs, thank you.
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we all heard the term generation debt. is it that bad? we have the author of generation earn saying we may do better than we give ourselves credit for. thank you for being here today. >> thank you, stephanie. >> when you talk about this and young perhaps so many times are so happy to get out of school and get a job they don't think about saving. i just have money to spend. you say saving should be a priority. >> yes. it's so important to save one-third of your income which sounds impossible and at some points it is like right after you graduate but on average in your 20s and 30s saving that much is really the only way to start saving for retirement and also to have emergency funds and also to save for your long-term goals. >> you are talking about 401(k) saving and also taking advantage of just having a savings account at your bank. >> try to save one in three of every dollar you earn. >> let's talk about this. you talk about extra money which quite honestly i'm not sure what extra money is. i don't know what it is. laying around you don't need. most people feel a need for all
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of your money. there's all of these needs. that's why you should start investing early and the best way to do this a lot of young people i interviewed actually started slowly. if you can start by saving 2% a year and slowly increase that to 4% and eventually 6%, then you can start saving at a healthy rate and invest as well. >> hopefully as you get pay increases you won't notice it as much. one of the things you could do if you have extra money is put it toward your student loan debt. how should young professionals go about attacking that? >> student loan debt is good debt and hold it for 30 years but it's expensive considering how low interest rates are and how little we can get back on savings and investment it's important to pay off your student loan debt early. if you have student loan debt at
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5% or higher percentage points, start putting money towards paying that debt down early. >> all right and then the other thing to it take into account is you want to invest in your career. don't cut corners there, right? >> we're trying to be so frugal in so many parts of our lives but when it comes to our careers, you want to spend. you don't want to scrimp there. it can mean taking a leadership development course if you want to become a better leader at work. it can mean going back to school or hiring a career coach to help you. it can mean a variety of things. you want to invest in your veer career at this point. >> one thing you can hear no matter where you are in your work life, be true to what you want to do. you will probably do better at it, right? >> you're right. one of the biggest obstacles we face is not even really concretely saying to ourselves what the big long-term goals are. it may be like buying a house in the next few years or starting your own business or retiring when you are 50. if we express those goals it helps us start to move towards them. >> kimberly palmer, thank you so
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much. good information no matter where you are in the job be cycle. author of "generation earn" thank you for joining us today. divorce can take a physical and psychological toll on many people. next we'll help you get a handle on a financial burden of a split. it's one of our new mexican soups. it reminds me of guadalajara. a special man. his delicious soups. sheila? [ male announcer ] progresso. you gotta taste this soup. with stelara® for adults. stelara® helps control moderate or severe plaque psoriasis with 4 doses a year, after 2 starter doses. in a medical study, 7 out of 10 stelara® patients saw at least 75% clearer skin at 12 weeks. and 6 out of 10 patients had their plaque psoriasis rated as cleared or minimal at 12 weeks. stelara® may lower your ability to fight infections and increase your risk of infections. some serious infections, like tuberculosis, require hospitalization. before starting stelara®, your doctor should test for tuberculosis. stelara® may increase your risk of cancer.
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we really are here to help you. they look back and think, "wow. i never thought i could do this." but we've actually done it. [ male announcer ] visit ameriprise.com and put a confident retirement more within reach. the recession changed the way americans think about marriage. the census shows the number of young adults choosing not to marry has surpassed the number of married 24 to 35-year-olds. and many are protecting their assets. there's been a rise in the number of prenups. cnn's christine romans brings us the story of a woman who put her emotion on the back burner for her family's financial
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well-being. >> reporter: we first introduced you to sally gibson 18 months ago and found out breaking up really is hard to do. sally and her husband of 15 years were getting a divorce but still living under one roof. >> my husband lives in the guest room and he comes home on wednesday nights early to have dinner with the kids and the other night, he comes home late to give me my space. so it's not perfect. it's been difficult. >> reporter: as legal bills for two divorce attorneys piled up, the couple switched to a less expensive mediator. but the situation with the house wasn't as simple. >> there are 20 houses on the market in town that are in our price range and there are no buyers. so my broker has pretty much prepared me that the house is going to sit for quite a while. >> reporter: remaining financial sound meant remaining under the same roof with her ex-husband.
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57% of attorneys polled reported fewer divorces during the recession. the couple stayed in the home for a full year before deciding emotion trumped finances. >> it was a very difficult time, very emotional time. we made the decision to sell the house and it could have easily sat on the market for a year and i didn't want to put my kids through that because it was tough enough. so i priced it to sell. and we sold the house right away. and not going to lie, lost a lot of money and that hurt. >> reporter: she started over, changing back to her maiden name, she downsized and started a small business as an interior designer out of her new home. >> i've discovered a niche where i'm working with all of my clients are divorced or separated right now. and it's kind of nice to work with people that are in similar circumstances. >> reporter: and if there's a silver lining in their smaller home -- >> we spend a lot more time
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together as a family because there are fewer places for them to scurry away to. >> that may sound tough but a lot of people are finding when it comes to divorce, another thing that goes along with it is money. here to help us break down and understand the best practices for handling the financial and emotional stress of a split is jeff gardere. when you hear they're living in the same home, already if you've decided to split, it's already emotional hard. but living in the same house is also hard. what's the best way to go about doing this? >> if this is something they need to do, they have to set ground rules and they have to follow them as far as boundaries, being able to give each other space, what they didn't talk about in this report is probably both of the spouses or ex-spouses are dating, seeing other people. so you have to work around those issues. and as part of that, not confuse the children who are in the house to see mom and dad
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together under the same roof but yet they know mom and dad may be seeing other people or have other lives or separate lives outside of the home. >> the main thing there is to have rules to allow people to do that. >> and speak to the kids as to what's going on. you have to be honest with them as much as you can. >> when you talk about divorce, we did hear in christine's piece the divorce rate has gone down. is that a good sign or is it because of the recession that people can't afford to get divorced? >> i think it's a combination of both. people can't afford to get divorced. as a result of that, people are working harder to work on their marriages. now people are thinking, well, what are the incentives to stay together? it may be that we can't sell that house for the profit that we want. it may be that financially we will be under water. so let's find a way to stay together, not just for money or the sake of the kids but also to fall in love again.
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i really don't espouse that people stay in relationships were finances just to be there. they should -- >> if they can -- >> lsh really be in love. >> you're an optimist. >> always. >> when you're looking at a divorce settlement, you need to think about the long term. >> when looking at the divorce settlement as one of the stories, it did talk about, look at a divorce mediator as far as being part of that divorce. i love attorneys. but i just don't think we should give all of our money to the attorneys. you may have some on pretty soon. but if you can work out a lot of those issues together with a divorce mediator, with a therapist, then you could set those ground rules where you can hold on to your money and even better, work out a lot of your emotional issues which will save you money later on down the line. >> and that could help retrieve the stress, too? >> exactly. >> believe it or not, the
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holidays are almost here. it's not too late to come up with a reasonable holiday budget. grab a pen and paper. important tips you don't want to miss next. ♪ when the parts for the line ♪ ♪ come precisely on time ♪ that's logistics ♪ ♪ a continuous link, that is always in sync ♪ ♪ that's logistics ♪ ♪ there will be no more stress ♪ ♪ cause you've called ups, that's logistics ♪ riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows...
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i know what you're going to say. you're going to say i'm bringing this up too soon. but it's not the case. only five paychecks left until christmas. it's a smart idea to begin budgeting for your holiday shopping right now. here are a few tips to help you out. start by evaluating your current financial situation to determine how much you can spent without going into debt. after that, get started right away. shopping's fun, right? not only will you have more time to search for sales and bargains, but some retailers have already reduced their prices. another bonus by shopping online, you can beat the crowds and the long checkout lines

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