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tv   CNN Newsroom  CNN  November 20, 2010 2:00pm-2:30pm EST

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smart. "smart is the new rich." that wraps it up for this show. join our running conversation on facebook. we read everything you send. put it on our facebook pages we'll read that's join us everybody week for "your $$$$$" saturdays at 1:00 sund the ap 3:00. logon 24/7 to cnnmoney.com. have yourselves a great pnd weekend. this hour, we'll explain why 2011 might just be the year to get back into the stocks. at 3:00 eastern, more than $1 billion could be on the way to black farmers in a discrimination suit. how this money will be dispensed. then at 4:00 eastern time, want to avoid the usual seasonal illnesses this year? a checklist of the dos and don'ts to help keep you and your
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family healthy. you're in the "cnn newsroom" where the news unfolds live this saturday november 20th. i'm fredricka whitfield. an interesting look at the pope and the catholic church all in a new book called "light of the world: the pope, the church and the signs of the times" written by a german journalist who interviewed the pope extensively and in it, it includes comments the pontiff made on condom use. joining us now by phone from detroit, cnn's senior vatican analyst john allen. what is so eyebrow raising about the pontiff's comments about condoms? why now and why in the form of this book? >> hey, fredricka. the eyebrow raising component, pope benedict 16 some conflict. the catholic's tigs on birth control and condoms is a blanket no. in this interview, what the pope
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said, in a limited number of cases where the purpose of condoms is to prevent disease and in particular to prevent the transmission of hiv-aids, that they could be morlally accept i aable. this is an informal interview way journalist, not a church document. doesn't make it a binding catholic teaching but suggests the pope is open to it and that is interesting indeed. >> when you talk about limited use, specifically in this book it points out the pontiff is saying it is okay for condom use when it pertains to men having sex with men, especially as it pertains to helping to slow down or make some sort of impact on the transfer of hiv and aids virus. now, is the pope confirming that he did, indeed, say these things as being quoteed by this journalist in this book? >> oh, sure. a writer or retired now but was for many year as writer for the
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eunuch daily, an old friend of benedict x16 he did two interviews before his election. he was given a full meeting with the pope for an hour every day. the book is the result of this. the pope reviewed the comments before published and review s te book in a few languages. no doubt it's what the pope thinks. >> what would be a considered a step forward, not necessarily backward, when you talk about the conditions in which condom uses would be able to be made limited to men having sex with men? >> to the clear, the pope said, he used the example of a male prostitute but said more generally, if the intention is to reduce infection that could be morally acceptable which could, although the pope doesn't say this explicitly, it could also apply to the situation of a heterosexual couple, married
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couple in which one partner is hiv positive and the other isn't a number of catholic thee loaching loachingens, even a vatican repded that in that circumstances. condoms might be justifiable. the significance, not that the pope has yet officially changed catholic teaching but that he is at least open to it in those circumstances where the point is not so much to prevent pregnancy but to prevent disease. >> so having that been said, should this pontiff, should the catholic church be perceived hypocritical, nonetheless, certain exceptions made for men, male prostitutes and not necessarily for all communities that would engage in sex and that condoms would be allowable then? >> well, i mean, the pope simply gave the example of a male prostitute, but i think the point he was trying to make is that when somebody is using a condom, not so much to prevent new life which has always been the catholic church's concern,
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but to prevent transmission of disease it would be okay. i don't think he meant to suggest only male prostitutes who might be able to use it. the point is, there are certainly be some who will say that the catholic church ought to be more tolerant of birth control across the board, even if the point is to limit population. and that's obviously a bridge the catholic church is not going to cross. >> john allen, thanks so much for your insight on these comments reportedly made in this new book "light of the world: the pope, the church and the sign of the times." thanks, john, appreciate that. much more on the story as we get more information. meantime, let's talk about something that is impacting a lot of people near this country. holiday travel. the season is fast approaching. in fact, right here. it means many of you infrequent travelers may soon have to face airport security for the first time in a long while. procedural changes are causing quite the stir for some. people are eving filing lawsuits
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over advanced screenings and pat-downs they say are too invasive and demeaning. in a congressional hearing this week, the tsa's top man, john pistole, admitted that he was uncomfortable when patted down just recently, but he says, it's necessary to make sure the planes are safe. so what is really necessary for safety's sake is what some are questioning now. especially in the case of one flight attendant in charlotte, north carolina. molly grampum of affiliate wb-tv has that story. >> no reason to have somebody's hands touching your body parts. >> reporter: in early august, kathy bossy was xa asked to go through a body scanner on her way to work, they were just being rolled out in charlotte. from there she was told to go into a private room with two female tsa agents. when one of them started touching her, kathy asked why she, a us airways flight attendant just trying to get to
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work was being given such treatment. >> they had told me that they had gotten a memo from the tsa saying that flight crew members were the most obvious potential terrorists out there. >> reporter: thursday night, kathy told her story to wbtv. she says when the agent got her right breast, the one where she'd had breast cancer surgery, she was told to show it to them. >> so that's when i had to pull it out and show her the prosthesis. which was very embarrassing and very degrading. >> reporter: network news outlets and newspapers across the nation call kathy all day friday comments on wbtv.com blew up. here's a couple of them. as a breast cancer survivor who wore a prosthetic many years before reconstruction surgery, my heart goes out to this woman. they want to feel normal again. to have someone demand you show it to them could be for some women very traumatic and degrading, writes one viewer.
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where does it end, asks another. the terrorists have indeed won. our life is upside-down and now this. kathy agrees. >> just because you choose to travel by airplane doesn't mean that you, you're putting yourself up, you know, for people to abuse you. >> reporter: the tsa continues to say, since we brought this to their attention, they are investigating this specific incident. >> and cnn also reached out to the tsa for comment on this story. they say, "we will review the matter and take appropriate action if necessary." and we should also point out that this incident happened in august. that's three months before the new more thorough pat-down procedures actually went into affect. there have also been a lot of complaints about the full body scanners as well. despite the many complaints you've heard a new cbs poll says americans overwhelmingly agree with using the equipment. take a look at this. 81% of those polled say airports
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should use the x-ray machines. only 15% disagree. there have been rumors and misinformation flying around all over the place about the tougher airport security measures. like whether you and everyone else will get a pat-down. well, we're getting to the bottom of all this next hour and separating the truth from the myths, and the head the tsa, john pistole will join candy crowley on cnn's "state of the union" at 9:00 a.m. and at noon eastern. cer ] they say breakfast helps kids be their best. we think it probably helps teachers be their best too. quaker instant oatmeal. does your breakfast make you amazing? ♪ [ male announcer ] open up a cadillac during our season's best sales event and receive the gift of asphalt. experience the exhilarating cadillac cts with a direct injection v6. it's the one gift you can open up all year long.
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the role of nato troops after 2014 in afghanistan? >> reporter: well, fredricka, what this really -- what happened at this conference made official what the obama administration has been trying to push for months. remember, earlier this year all the talk was about 2011. troops would start coming me in 2011. from everything we've been able to see, any troops that come home by july 2011, symbol nick a large number. now the obama administration and nato are pushing everyone to the date 2014, saying that's the date when they would like combat operations to end and hand over security to the afghan, but a senior u.s. official admitted that the u.s. is not committing to that date as the end. the that the president has not made a decision yet in order to change the combat mission on that day. in other words it could take even longer than that.
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in a very blunt and frank conversation that the president had with president hamid karzai, the two talked about corruption. president obama raised the issue that taxpayer money can't be funding a bad afghan government, and waste. they also got to the idea of quill casualties and president obama and karzai shared frank words on that subject. >> in the heat of battle, despite everything we do to a void it, may cause civilian casualties, and that is understandably upsetting. i don't fault president karzai for raising those issues. on the other hand, now, he's got to understand that i've got a bunch of young men and women from, you know, small downs and make cities all across america who are in a foreign country being shot at, and having to traverse terrain filled with
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ieds, and they need to protect themselves. so if we're setting things up where they're just sitting ducks for the taliban, that's not an acceptable answer either. >> reporter: no doubt that civilian casualties in afghanistan are soaring. through the first six months this year, 55% more children have been killed, but if you look at numbers and how these victims were killed, independent united nations analysis shows insurgents were responsible for about 75% of those civilian deaths. i sef responsible for about 25%. >> chris lawrence in lisbon. thanks so much for that update. meantime, it's time for everyone to think about their investment plans for the next. one expert thinks it's time to get back into stocks, and she'll explain why.
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making money in the new year. we'll talk about your investment options straight ahead. first a look at the top stories -- the air force says it does not think a missing f 22 pilot survived when his plane went down tuesday in alaska. it says there is conclusive evidence that captain jeffrey hanety not eject before the crash. a federal judge in california is tentatively allowing a class action case against toyota to proceed. plaintiff, suing the automaker over recent skeacceleration and brake problems. the first civil action in the u.s. since the automaker
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recalled millions of vehicles. in chicago a strange way to play a football game. illinois and northwestern are meeting today at a baseball stadium, wrigley field, to be exact. only one end zone will be used for offensive plays, because of concerns that the other end zone is too close to the stadiums right field wall. all right. it may seem lard to believe, but 2011 is just over a month away and it may be time to jump back into the stock market. so says our guest, a personal finance expert and the co-author of the book "own my own two feet." she joins us from houston. good to see you. >> hi, fredricka. >> let's begin with your first tip, and you say it's time to start thinking about stocks again. go ahead and indulge in those stocks. >> absolutely. so, fredricka, i think stocks are an essential part of a
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healthy financial diet that provide growth. they help offset inflation, but many people are stock deficient in their portfolios now because they got scared off over the last couple of years. so a great rule of thumb to use is, john bogle's 100 minus your age is a rough rule of thumb for what percent of your portfolio should be in stocks if you're a man. if you're a women, because we live longer, i like to use the equation 110 minus your age for t portfolio in stock. >> some say 50/50. definitely no more. you say indulge, depending on your age. okay. let's move on to the next -- you say next go big. wrap do you mean by that? >> this is interesting, fredricka. the early stages of an economic recovery typically it's small and mid-cap companies that do the best. then you move into the really glamorous part. where we are right now.
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grinding it out for a couple of years until things settle, but in this kind of environment, oftentimes it's the big companies that do the best. for three reasons. their balance sheets are cleaned up. we know that, because question see how many people they've laid off. any uptick in revenues drops to the bottom line. they have lots of exposure overseas and my favorite reason, they pay dividends. you get a little cash in hand while you're waiting for the other stock to appreciate. >> looking at mostly domestic. you say stretch out, start investing overseas. to what extent? >> absolutely. that old adage. why rob the bank? because that's where the money is. why go overseas? that's where the growth is. to put numbers around that, there are 6.8 billion of us on the planet. only 310 million of us live in the u.s. there are about 4 billion people right now bumping up against the threshold entering into a place
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economically where they have enough disposable income to start spending on discretionary items. the companies particularly in india, china, brazil, serving that marketplace that growing middle class, that's a great place to be looking to invest in 2011. >> then you say, stay short. what do you mean by that? >> this is interesting. we've been talking about stocks up until now, but part of a healthy port yoel yore also would includes bonds or fixed income. the fed has been performing financial cpr on the economy. keeping interest rates very low. that affects bonds because when interest rates go up, bond prices go down. if you think about bonds as a seesaw, since rates are so low, there's only one way to go. up. you want to be on the shortest seesaw possible so you don't get whip-sawed. you want to own bonds with mature in duration. >> and overall, just be calculated with your risk? >> absolutely. a lot of people, especially baby
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boomers, are looking at their portfolios. the number is smaller than they wanted and a voice in their head says, why don't i just go for the big home run? my point, the math of losing money is painful. if you invest in something that misses and goes down 50%, you now have to earn 100% just to break even. if you have the risk to go big, be calculated. i recommend keeping it no 5% or less of your portfolio. >> thinking about the new year. thanks. before we can get to happy thanksgiving. happy thanksgiving, since i won't see before you then. >> happy thanksgiving to you. >> thanks. appreciate it. all right. here's something else you may wan to think about. checking your medicine cabinet for painkillers. the fda actually wants them off the market. that's straight ahead. first, man's best trend is going biotic. giving a pet prosthetic limbs with what rivals what's used on
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humans. rob marciano explains in today's "edge of discovery." >> reporter: walking again, after being trampled by a horse in june, her owner was left with a tough decision. >> the options were uthennate her or give hear chance to walk, and when he to give her the chance to walk. >> reporter: mitzi is one of the few dogs in the world labeled bionic. on this day, this doctor is taking off mitzi's pullky leg brace and replacing it with a sleek, permanent prosthetic foot. >> down, down, down, down. he did this using a revolutionary device called an i-tap. a custom built metal rod placed inside mitzi's leg. >> a permanent fixture. part of the body. the dog gets on with life. >> before there was no way to give annan mall a prosthesis. >> this has also been tested on humans.
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patrick says traditional devices for humans can sometimes be painful and difficult to use. he says i-tap could be a remarkable alternative for people and their pets. >> here's what i do, by helping my patients in their needs, help other patients that are animals or human, excellent. i think it is the future, yes. >> rob marciano, cnn. ice 1) we've detected an anomaly... (voice 2) how bad is it? (voice 1) traffic's off the chart... (voice 2) they're pinging more targets... (voice 3) isolate... prevent damage... (voice 2) got 'em. (voice 3) great exercise guys. let's run it again.
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. intriguing stuff for you on tap this afternoon. >> where did you come from cotton eye joe. ♪ i've been there a long time ago ♪ >> coming up in the next hour, josh levs is here wit week's craziest viral video, and no, you're not looking at the latest "harry potter" movie. a flying lawn mower. the latest must-have for people who fly model planes. and more of my face-to-face interview with hip-hop mogul russell simmons. next hour we talk about why he got involved in the fashion business, and at 4:00 eastern time, i find out how the multi-millionaire is giving back to the community.

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