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tv   CNN Newsroom  CNN  October 14, 2011 11:00am-1:00pm EDT

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presidential campaign, focusing on jobs, energy, he's speaking there in west mifflin, pennsylvania, at a steel plant. we'll continue to monitor that for you. that does it for us. we'll be back here bright and early on monday. have a great weekend. but wait, there's more. >> in the meantime, have a good one. >> tune in this weekend, too, huh? >> of course. we'll be here. have a great one. live from studio 7, i'm fredricka whitfield in for suzanne malveaux. a showdown between new york police and occupy wall street protesters did not happen today. the group refused to leave the park that has been home base, so that it could be cleaned. mayor michael bloomberg said the park's owner called off the cleaning after telephone threats from city officials. the protesters had been in the park almost a month now, and there is concern about sanitation. police say they arrested 14
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protesters today who blocked traffic and turned over trash cans. texas governor rick perry is unveiling his national energy plan in suburban pittsburgh right now. live pictures. he says president perry will expand drilling on federal lands and get rid of clean air rules and other, quote, activist regulations. perry says getting bureaucracy out of the way will mean 1 million or more new jobs. perry has stumbled in the polls. his wife came to his defense. >> it's been a rough time. we've been brutalized, eaten up and chewed up in the press, to where -- i mean, we're being brutalized by our opponents and our party. so much of that is, i think they look at him because of his faith. >> anita perry went on to say, we didn't have to do this.
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she says we are running to save our children and the soul of the country. end quote. presidential candidate herman cain is on a roll in more ways than one. he's kicking off a bus tour across tennessee next hour. cain, the former pizza executive, has surged to the top of the republican field in one national poll. cain says his bus tour is part of a state-by-state strategy to win the nomination. police in seal beach, california, will try to fill in the blanks in this week's mass shooting. they'll speak to reporters about three hours from now. last night there were tears and candlelight for the eight people killed at a hair salon. reports say a custody battle set off the suspect and his ex-wife is among the dead. bangkok could see its worst monsoon floods in decades. this weekend thai officials are counting on flood walls to keep the city center dry. but many surrounding areas are already under water.
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it's forced 15 elephants onto a rooftop at their sanctuary. >> we're obviously very concerned, because nobody had any idea how high the water was going to get. now, the elephants actually left there, because the babies are very young. >> workers at the elephant sanctuary saying they're having a hard time getting enough food to the stranded animals. whoa, dangerous call at the international monetary fund's man in turkey, had to actually bob and weave during that university speech. students threw eggs and shouted, imf, get out.
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security guards quickly hustled protesters from the auditorium. the iphone 4s is flying out of the stores today. apple sold 1 million 4s models online in the first 24 hours. that's almost twice as many as the original iphone 4. steve wozniak was just another joe outside a neighborhood apple store. apple's co-founder camped out overnight. and with stories about his business partner and friend, the late steve jobs. back to our lead story happening right now near the new york stock exchange. the occupy wall street protesters are being allowed to stay in the park, where they have been camping. police will not force them out for a planned cleaning. susan candiotti joins us live now in lower manhattan. susan, the cleaning is off for now. so what is it like down there? what's the tone?
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>> reporter: well, the tone is, they're saying people power won the day and ruled the day for them. in the predawn hours, and you can see now it's still very busy, before the sun came up, we got word that officials were backing down, that the people from this park agreed to not ask the city and the police department to move everyone out of here so they could clean the park. protesters feel it's just a vealed attemveal ed -- a veiled attempt to evict everyone. they got help from an arguably unexpected quarter, city officials, a lot of them politicians kept calling the mayor overnight and saying, don't do this. don't do this. it won't look good for the city. if you use force to move people from the park. that is what happened. now, so far we've had this
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morning, fred, just about a dozen people, a little more than that, who have been involved in scuffles and arrested by police. so all that is still being sorted out. interestingly, not everyone here in the park is one of the protesters that agrees with occupy wall street. these two gentlemen tell me that they work on wall street. tell us your name and why you think this is not a good idea. >> my name is john, and i'm with an organization called occupy occupy wall street. we have a website oows.org. and we kind of feel betrayed by the mayor. it seemed like he was on our side. and kind of pulled a fast one on us. >> so you do favor the protest here, is that correct? >> no. we are protesting the protest. >> you feel he betrayed you. go ahead. >> yeah. so we're down here to show that the 1% won't be silent. we're going to speak for the voice that really hasn't had a voice here. so we're out here, and we're accepting donations, and we're selling t-shirts and trying to --
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>> what's the problem with this movement, as you see it? >> well, honestly, you know, they've been down here for a month. maybe more. and it's a really big inconvenience. you see them down here every single day. they're sleeping here. you know, they say it's clean. it doesn't look clean. i see dirt all over the place. i see people sleeping on the ground here. i think, you know, if bloomberg knows what's good for him, he should try to take care of his own. >> and then briefly, you think these protesters should go home, too? >> that's right. i'm with oows.org. and we think that these protesters have been here quite long enough. >> thank you very much. sorry. we'll talk more with you later. i've run out of time. thank you for your point of view as well. throwing it back to you now, fred. >> susan candiotti, thanks so much in downtown manhattan. here's what's ahead on the rundown. apple's first new device without steve jobs at the helm goes on sale. we check out the iphone 4s action at an atlanta store. also, a chef loses his stomach to cancer, but not his
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career. an amazing story in today's "human factor." plus an american subsidiary of murdoch's core is under investigation. and "dancing with the stars," nancy grace is still standing, and dancing. she'll be joining us live to talk about that. and her day job analyzing the trial of michael jackson's doctor as well. ♪ kingdoms and queens ♪ they all bow down to you ♪ ♪ branches and ranch hands ♪ are bowin', too ♪ and i've taken off... [ man ] we could have gone a more traditional route... but it wouldn't have been nearly as memorable. ♪ here comes the sun again i'm not a line item on a budget. and i'm definitely not a pushover. but i am a voter. so washington... before you even think about
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i tell you what i can spend. i do my best to make it work. i'm back on the road safely. and i saved you money on brakes. that's personal pricing. you would think they were giving away the new iphones. tech-heads across the country lining up, camping out, just to be the first to own the new product iphone 4s. it went on sale today, and will
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be available on more mobile networks. joe carter joins us now from an atlanta -- outside an atlanta mall, where inside is an apple store. joe, apple sold 1 million in the first 24 hours. were people able to line up there? >> reporter: yeah, those 1 million orders were done on pre-order, fredricka. we got a sense here that a lot of people lined up, but there's going to be a lot of phones available. i asked one of the apple employees if they felt like they were going to run out of phones today, and he said if 2,000 people show up today, they're all going to get an iphone. we're definitely prepared to supply on the demand. here in atlanta, at the largest apple store, the line started around 3:00 a.m. eastern. it grew much bigger around 8:00 a.m. eastern. there's something about being the first in line and scoop up the latest and greatest apple product. we spoke to zack who was the first one in line here and one of the first to walk out of the
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store with his new 4s. >> it feels amazing. it feels amazing. this is truly a wonderful piece of technology. i'm just hodding it in my hand, i can't wait to use it. >> you're part of apple history here, man. one of the first to get the 4s in the entire country. >> yes, sir. i'm extremely thankful for this opportunity. >> now, the new 4s on the outside looks exactly like the 4 does, but it's the inside that's totally different. you've got a better digital camera, a better hd recorder, you've got a better antenna, better battery life. but the one key feature is the voice-controlled personal assistant siri. basically it helps you get things done by talking to the phone. you can ask the phone to place ka calls for you, talk to the phone, it understands what you want and then it acts on it, fredricka. it's a total game-changer when
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it comes to the voice-activated system in these phones. >> human-like qualities, kind of like your personal secretary. did any of the shoppers say that making this purchase was particularly meaningful for them, given the recent death of steve jobs? >> we did talk to some folks about that inside, fredricka. and yeah, people definitely touched on that. that this was the last product that steve jobs had an influence on. i mean, he was always known as somebody who was very, very hands-on. some say that the reason why they call it the 4s is for steve jobs. so yeah, definitely people all had a point of view in terms of why they were here to get the product, and how they viewed steve jobs and how apple products have influenced and changed their lives. >> thank you so much, joe carter outside a lennox mall in atlanta. imagine what it might be like to create a career around food, and then find out that you are going to lose your stomach to cancer.
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six years and 11 surgeries later, this chef still has a career in food. we'll find out how he's doing that. and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life. so get the insurance responsible drivers like you deserve. looks really good. call us at... or visit your local liberty mutual office, where an agent can help you find the policy that's right for you.
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each week we profile ordinary people who have overcome extraordinary obstacles. dr. sanjay gupta introduces us to a man who is helping others realize food can be medicine. it's a story about a chef with a twist. take a look. >> reporter: hans rupert is a chef without a stomach, or much of an esophagus. >> i've had 11 surgeries in the last six years. >> reporter: he was diagnosed
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with gastric cancer just weeks after appearing in the 2005 season of the next food network star. >> there was a tumor sitting right at the junction of the stomach and esophagus. >> reporter: his treatment was painful. rupert had half his stomach and most of his esophagus removed soon after the diagnosis. chemo, radiation. eventually he was cancer-free. that's when the headaches began. >> they saw 10 to 12 lesions and was told, this is it. you're on your way out. >> reporter: it wasn't cancer, but it was a serious brain infection caused by his newly constructed digestive system. >> i ended springing a leak at that junction where the esophagus and stomach were connected. >> reporter: antibiotics got rid of the infection. but a year later a second one. worse than the first. both infections were so serious, that doctors didn't want to risk him getting yet another one. so in march of this year, the rest of rupert's stom as was
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removed. even though his stomach is gone, he eats six healthy small meals every day. which now go directly into his intestines. >> the expression, you are what you eat, is so -- it's cliche as can be, but it's true. that really is amplified. >> reporter: he wrote a cookbook while in the hospital after his first operation. and for the last five years, he's been teaching fellow survivors how to incorporate healthy, cancer-fighting foods into their diets. >> it's power, and it's energy, and it's energy that our bodies can readily assimilate. even for a guy without a stomach. >> reporter: rub earth said the six years have been difficult, but being open about his cancer and surrounding himself with family and friends has help him overcome every challenge so far. >> somehow you just kind of find a little more strength to keep going, keep going. you know, here we are. i just had my six-year checkup and we're six years cancer-free. >> reporter: dr. sanjay gupta, cnn, reporting.
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>> hans has had to relearn how to eat twice over the past six years, when he's not working in the kitchen at his family's restaurant in north georgia, he's mentoring other gastric cancer survivors around the country. rupert murdoch came under intense scrutiny. now a cnn special investigations finds one of newscorp is being questioned for allegedly bullying its competitors. our 4 new rich & hearty soups really have people talking... [ guy ] ring, ring. progresso... i love your new loaded potato with bacon. that's what we like to hear. ring, ring. progresso... ...switch our phone service? ...no, i think we're pretty happy with our phones. [ male announcer ] progresso. you gotta taste this soup. [ siren ] [ applause ] [ jackhammer ] [ crowd cheering ]
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here's a rundown of some of the stories we're working on next. the special investigation of a subsidiary of rupert murdoch's newscorp here in the u.s. facing lawsuits and questions from the fbi. then, hln host nancy grace talks with me about "dancing with the stars," and the conrad murray trial. and then at 11:55 eastern time, the wife of rick perry gives an emotional speech saying, quote, we have been brutalized. as the hacking scandal against a british newspaper owned by newscorp appears to be growing overseas, new information is emerging about one of the company's american-based subsidiaries, it paints a picture of a ruthless company willing to engage in corporate espionage, computer hacking and threats to destroy its u.s. competition. special investigations unit correspondent drew griffin with us now with more on this.
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you've got some salacious details, don't you. >> somewhat. the fbi has at least opened a preliminary investigation into this company called news america marketing, which handles consumer-to-marketing and promotions. the federal investigation could have political implications, because news america is part of that same media empire that owns fox news, the "new york post," and the "wall street journal." they've spent more than a half billion dollars settling lawsuits brought by competitors. and now we've obtained exclusively videotape depositions from those lawsuits, and the tapes are a fascinating window into how news america marketing has done its business. the hacking scandal in the british tabloid press may seem distant to most americans. but not to an tonia. >> when the news broke in the uk, it was a little bit like reliving it. >> reporter: the former employee of the advertising company floor graphics was floored.
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watching james and rupert murdoch try to explain the hacking and espionage that took place at thash british newspapers, because she insisted it happened at a murdoch company in the sufficient, too. floor graphics was a fast growing new jersey startup that put ads on floors in supermarket and retail outlets. >> win the war, brand the floor. >> they were making break-throughs in the marketplace. and we thought we could build a really fantastic company. >> reporter: floor graphics was competing with the murdoch's news america marketing, when dimotto received this in her mail at home. addressed to her personally. a series of press releases touting how news america was taking away business from her company, floor graphics. the releases also went to the homes of her colleagues. her question then, as now, how
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did rupert murdoch's news america marketing get the names and home addresses of a competitor's employees. >> the creepy part of it is how they got the information. >> reporter: simple, according to news america marketing, they had hired a former floor graphics sales executive, and that new employee, now a news america marketing vice president, was basically using the same contact information he used to send cards at holiday time. news america marketing says the company's top manager had no involvement. >> the anger inducing the unethical part is how they used it. the infuriating part, is apparently this happened many times. with no one stopping to say, you know, should we really be mailing this out to people in graphics? >> reporter: it turned out she was caught up in a war, a business war declared here at what used to be the dish of salt
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restaurant in manhattan. in 1999, floor graphics founders george and richard rebb came here for a business lunch. to discuss what they thought would be a future partnership. or business arrangement with a potential competitor. they sat down with this man, paul carlucci, the ceo of news america marketing. >> had you met him previously? >> no. >> reporter: in this videotape deposition obtained by cnn, george rebb said he was astounded by what carlucci had to say. >> and he said, again, words to the effect, then you should know that i work for a man who wants it all. and doesn't understand anyone telling him he can't have it all. and know this, if you ever get into any of our businesses, i
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will destroy you. and based on who we knew him to be, and the references to the company that he worked for, we knew that that was a very serious challenge to our business. >> reporter: the man carlucci worked for, rupert murdoch. >> so after a couple seconds, i said to mr. carlucci, so let me see if i understand this. you can get into our business, and compete with us, but if we were to get into yours, you'll destroy us. and he said, that's right. >> reporter: and according to this floor graphics lawsuit, carlucci's company made good on
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that threat. floor graphics claimed news america marketing conducted, quote, a deliberate and malicious campaign to put it out of business. and some of that alleged activity was illegal. floor graphics said someone at news america marketing hacked into the computer system stealing confidential client information. it happened not once, but 11 times in four months. >> i think one of the worst parts of the story here is that when this was all happening, floor graphics tried to bring it to the attention of the authorities. and they tried to bring it to the attention of their representatives in congress, who also, to their credit, tried to bring it to the attention of the authorities. and none of these investigations went anywhere. >> reporter: while the criminal investigation went nowhere, floor graphics' civil case against news america marketing did.
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in 2009, news america paid out $29.5 million to buy the company's assets, which included a provision prohibiting the rebb brothers from criticizing the company. news america marketing says this was an isolated incident and it conducted a thorough investigation in order to identify who was responsible, but there was no way, according to the company, to determine who had actually accessed the floor graphics confidential website. it says it condemned the access of the site which was in violation of the standards of the company. >> i think the story here is a lesson that anyone who has children, or has raised a pet knows, if you reward bad behavior, if the authorities ignore it, you'll get more bad behavior. >> one of those members of congress, senator frank lautenberg, did try to get the
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attention of the justice department back in 2005 when he learned of the computer hacking at floor graphics. well, today, in the wake of what's happened in the uk, he's again called for an investigation. but it is news america marketing's alleged questionable business practices that are most troubling to its competitors. when we come back, caught on tape, news america marketing's ceo, paul carlucci, in his own words, dodging questions. to one's military oath. d the same set of values that drive our nation's military are the ones we used to build usaa bank. from free checking to credit cards to loans, our commitment to the military, veterans, and their families is without equal. ♪ visit us online to learn what makes our bank so different. usaa. we know what it means to serve.
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as more attention is being focused on news corp.'s operations here in the united states, hacking allegations have been raised. more importantly to the businesses that have competed against rupert murdoch's media companies, is the allegation the media giant plays dirty, some even allege illegally, in the quest to dominate and monopolize
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its businesses. two brothers who helped found floor graphics thought they held an edge over newscorp's advertising company. that is, until they became a target of rupert murdoch's strategies. >> reporter: it was just loinch. a meeting between the leaders of two companies involved in grocery store advertising. george and richard rebb built a company called floor graphics. their lynch was to be with paul carlucci who was running the ad company, news america marketing, a subsidiary of news corp. the rebbes expected a friendly meeting to discuss a mutual business relationship. instead the short meeting, according to the rebbs, involved a threat. news america marketing would
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destroy floor graphics. in it deposition obtained by cnn, rupert murdoch's paul carlucci denies he threatened anyone, but also denied he even had lunch. >> do you recall saying that you worked for a guy who has to have it all? >> i never said that comment. that doesn't sound like me. >> and that you supposedly said that to the rebb brothers when you had that luncheon with them over at the chinese restaurant? >> i never had lunch with the rebb brothers at a chinese restaurant. >> reporter: that, it turns out was a technicality. carlucci was answering the question honestly, there was no lunch. there was a meeting. >> i do recall meeting him. >> okay. so you did have a meeting with them at the dish of salt, right? >> very briefly in the afternoon, yes. >> i see.
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so it was not a luncheon meeting, but an afternoon meeting, is that right? >> that's correct. >> so the reason you were denying my prior questions is because i used the word lunch? >> that's correct. >> reporter: george rebb testified the meeting was so hostile, he and his brother left before lunch was served. we wanted to talk to the man you just heard from, paul carlucci. since that no-lunch meeting, his star has continued to rise here within news corp. not only is he still ceo of news america, but since 2005, he has also been the publisher at the "new york post." greg kurtner is the attorney who took carlucci's deposition. he said it is clear the head of news corp., rupert murdoch, knew well the tactics his deputy was using. >> i have looked at the evidence. it's clear to me that mr. rupert
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murdoch is aware of what's going on on a day-to-day bails is in his businesses. mr. carlucci reports to mr. murdoch. >> reporter: and curtner said it's clear how news america operates, win at all costs. >> i think the best answer to that question is out of mr. carlucci's own mouth. i work for a man who has to have it all, and does not understand being told that he can't have it all. that's the culture. shown in time after time, business activity after business activity, lawsuit after lawsuit. >> reporter: the floor graphics case was not unique. there were two more high-profile lawsuits, both involving companies in the in-store advertising market and both with similar allegations of unfair business practices. news america marketing settled the suit filed by velassis
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communications for $500 million, in another suit $125 million was paid to insignia systems inc., combined with the floor graphics payout, that is a whopping $654.5 million to settle lawsuits claiming news america dealt in unfair, unethical and even potentially illegal business practices. we asked news america marketing why it paid so much. again, the answer was simple. a number of our competitors have been unable to compete, so they resorted to litigation as a business strategy rather than compete. news america marketing continues to vigorously disagree with the claims that were made against it in these cases. curtner points to this videotape of a news america marketing sales meeting designed to tell employees their goal was to destroy his client, valassis
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communications. >> we never would have been able to push them to what we hope is the brink of utter desperation. >> reporter: in this tape, it is paul carlucci telling his sales groups, rupert murdoch himself is driving the aggressive tactics. >> last night mr. murdoch was saying, you've really got to go after them. that was the conversation. >> reporter: not only did news america marketing have issues with its competitors, but some clients were also concerned about how it did business. >> he does not appreciate -- >> reporter: in this deposition, debra, one of those clients, reads an e-mail between her and a subordinate discussing their dealings with the company. >> this is the way they have been across the board. adding insult to injury, have had huge issues related to accuracy of placement of in-store vehicles. feels like they are raping us and they enjoy it and there's no desire to work with us in partnership to grow our
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business. >> to whom is that referring? >> news america. >> reporter: curtner says all the litigation is much more than an expensive business dispute. so you could argue, if you were news america, that $650 million and north of that, as you indicate, could be the cost of doing a business? >> i don't think anybody thinks a quarter, or three-quarters of a billion dollars is a cost of doing business. as a matter of fact, if you think about the legal fees, that they've paid out, and everybody else has paid out, it's staggering. >> yet the man who cost them all this money was promoted. >> when asking about the character of a business, the character of a corporation, is what happens after they are brought to the bar of justice. and after some of the marginal
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dealings are disclosed, are the people responsible still in office? at news corp., the answer is yes. >> drew joining me right now. what are the latest developments in this? this is a pretty detailed account. >> and there's a lot of focus being laid on how rupert murdoch's businesses are run. the uk, here the news america marketing. just this week, the publisher of the "wall street journal" in europe resigned over ethical issues. because of a program that may or may not have been designed to inflate the circulation of that newspaper. next week, rupert murdoch is going to face shareholders at the annual shareholders meeting in london on friday, and expect a lot of these ethical issues to be brought up there. >> the expectation is the tone might be a little different from when rupert murdoch was before parliament? >> yes. i think the shareholders, and certainly one group of shareholders is urging for
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no-votes on some of the board members. they want this company to be held more accountable to the ethics and business standards that they feel they would like to have a company in which they invest in. >> drew griffin, thanks so much for bringing that special investigation. as the prosecution prepares to wrap up its case against michael jackson's personal doctor, we take a look ahead at conrad murray's defense with nancy grace. i'm really glad we took this last minute trip! you booked our room right? not yet, thanks for reminding me. wait, what? i have the hotels.com app so we can get a great deal even at the last minute. ah, well played get the app. tels.com.
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prosecutors in the michael jackson death trial are expected to rest their case early next week. jurors are getting a break today. on day 12, the prosecution began questioning its final witness, an anesthesiologist, one of three doctors called to the stand this week to convince jurors that the care dr. conrad murray gave jackson was not just bad medicine. >> conrad murray was grocery negligent in multiple instances, and that gross negligence directly caused the death of michael jackson, correct? >> absolutely it did. >> joining me right now, live
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from los angeles, hln's nancy grace. so nancy, you've heard the testimony so far. does it appear as though this is a slam-dunk for the prosecution? >> well, fredricka, normally i would say yes. but remember, i predicted o.j. simpson would go down on double murder. so consider the source. after i heard the state's case, i can see no way for the defense to make a comeback. as a matter of fact, the defense has really got a problem, because conrad murray spoke to police, and when he did, he gave an extensive audiotaped statement. that statement is full of holes, that only conrad murray can explain. hence, conrad murray may be in a position of being forced to take the stand. not legally, of course, because we have the fifth amendment right to remain silent. but as a practical matter, he may be the only one to explain away his problems in the audiotape. >> okay. so if you say there is really no way the defense can make a comeback, then it sounds like they have no recourse but to have dr. conrad murray take the
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stand. >> well, abraham lincoln once said this, it's better that people think you're an idiot than to speak and confirm their suspicions. so the defense may want to go into closing arguments with the jury wondering if their client is guilty, rather than put him on the stand and confirm their suspicions. so they're between a rock and a hard spot. >> and the defense, your expectation of how many witnesses that they would actually call and how quickly this case would end up going to the jury, given it's been about a couple of weeks for the prosecution? >> here's a little trick, fredricka. the defense will always put out a witness list and maybe call half of those witnesses. but i do expect the defense case to be made up largely of experts, to deny the allegations. regarding the use of propofol in the home. as a matter of fact, we already know several of their witnesses
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and they're all experts. but i'm not looking for conrad murray to take the stand. but this defense may not have any other choice. >> the other reason you're in los angeles -- you're having a good time with that "dancing with the stars," aren't you? >> we really are. >> oh, yea! >> he won't leave me alone. it's constant. rumba, rumba, rumba. >> it looks like you've been a great student as well, tristan. can you tell me, tristan, how great a student has she been? >> yeah, she's been all right. she's doing great. i think she's getting more confident and stronger as the weeks go on. >> hey, see that jacket? open in the front? that was my idea. >> yeah. >> okay. so i wonder, nancy, so many dancers will say this has been
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kind of a life-altering experience. would you say for you this is something where you've made new discoveries about yourself, your abilities, or has it just been fun? >> well, mostly it's been a lot of fun. but you know, fredricka, for so many cases that we've covered, cases that i've tried, you know, to do that, you really have to go through life with blinders on. you've got to be very single-minded and focused. and this really has opened up my mind to all sorts of, you know, wonderful things. >> oh, okay. tristan, can you give us a little sneak peek into what you're preparing with nancy for next week? what do you have up your sleeve? >> well, next week we have, the theme is '80s week. we have a rumba to dance. so that's as much as i can tell you right now. >> think sexy, fredricka. bring sexy back with this dance. >> are you really getting down
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to the rumba or staying close to the floor? >> i'll try to get her as close to the floor as possible. >> fredricka, operative word, sexy. just remember that. and one more thing you need to remember, write this down, fredricka -- >> know you have a great memory a photographic memory. 800-868-3405. and can you vote 12 times from your cell phone. >> 800-868-3405. got it. vote for nancy grace -- >> we take sympathy votes. >> you all have been doing great. it's been fun watching you. thanks so much. all the best. we'll tune in for that '80s rumba next week. all right. let's see. if you decide to jump off a perfectly good bridge in the middle of the night? this could happen. you don't want to do this at home. your parachute can actually snag on a tree. who do you call in a case like
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let's check stories making news cross-country right now. the national weather service heads to central virginia today to look at damage caused by three tornadoes. one may have touched down several times. trees, roofs and other debris were left scattered all over the place. in california, take a close look at this rescue near sacramento. a man wearing a parachute jumped off a bridge. it is called base jumping. but his chute got tangled in a tree and he had to call 911. the helicopter's rotors whipped up a whole lot of wind making it very challenging rescue. as you see right there. then to north carolina and what looks like one side of a game of tug-of-war.
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then the big airplane enters the picture right there. these folks work for us airways and are competing in teams to make the best time pulling the carolina panthers' plane 15 feet. it is a fund-raiser for the united way of the carolinas. some tough words from rick perry's wife, anita. she lashes out at the media over the way she says her husband's campaign has been treated. we'll go live to our political desk in washington for more on what she said. while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic.
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republican presidential candidate rick perry is out with an energy and jobs plan. among other things, he wants to cut federal regulations. but perry's wife is also making headlines after some comments she made in south carolina. our deputy political director paul steinhauser is with us now from the cnn political desk in washington. so paul, tell us more about these comments from anita perry. >> yeah, it is usually the candidate who makes the news but in this case it was his wife. anita perry's comments were definitely talker last night and this morning. running for presidency is not for the faint of heart. i think she was definitely pointing out how her husband may be getting beaten up by some of the other campaigns. listen to what she said in south carolina and his response this morning. >> it's been a rough month. we've been brutalized and beaten up and chewed up in the press. we are being brutalized by our
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opponents in our own party. >> are you as down on this as anita seemed? >> you know, family members always take these campaigns substantially more personally than the candidate. i've been doing this for a long time. i understand slings and arrows. that's a diversion, frankly. this is a big leagues. everybody understands that. it is about the presidency of the united states and we're committed to this campaign. >> perry, of course, fred, remember he jumped into the campaign. he launched his bid back in august and right after that he quickly jumped to the top spot. he was the front-runner in all the national polls and some of the state polls. then yeah, last couple weeks his numbers have been going down in the polls because of weak debate performances because of other attacks by the campaigns on his stance on the issues. so you hear him right there. he said to ali velshi that he is committed to his campaign to running for president. >> also committed -- herman cain. taking off a two-day bus tour just moments from now in
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tennessee. what more do we know about that? >> yeah. well we got live pictures now. this is in bartlett, tennessee. a two-day bus tour. remember, tennessee holds its primary in march. it is going to be on march 6th which shapes up to be this year's super tuesday or next year's super tuesday. this event right here is hosted by the mid south tea party. as you know, herman cain, former godfather's pizza ceo has been on the rise in the polls both nationally and in state polls. he's been the talker on the campaign trail because of his 999 plan. i think we may hear more of that tax plan today at that rally in tennessee, fred. >> thanks, paul. see you throughout the weekend as well. for the latest political news, go to cnnpolitics.com. top of the hour now. i'm fredricka whitfield. let's get you up to speed. new york police dodged a showdown with occupy wall street protesters today. police arrested 14 people for blocking traffic and turning over trash cans as this cnn
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i-report video shows. officials had told demonstrators to get out of the park they call home base so that it can be cleaned up. but then michael bloomberg, the mayor, says the park's private owner called off the cleaning. the company says it got telephone threats from city officials. occupy wall street protesters have been living in the park for almost a month now and there's growing concern about sanitation. businesses in lower manhattan have complained. a confrontation did materialize in denver today. police say they arrested at least 24 protesters who refused to leave a park near the colorado state capitol. like new york, denver officials wanted to get things cleaned up. now that the protesters are gone, the city says the park is closed there indefinitely. president barack obama is
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about to land in detroit. he and south korean's president lee myung-bak will tour a gm plant to highlight a new trade deal. it opens the door for gm, ford and chrysler to be competitive in the south korean market. on another topic, iran, the president's ambassador to the united nations plans to meet today with her iranian counterpart. susan rice will confront iran on the alleged plot to assassinate the saudi ambassador to the u.s. >> to apply the toughest sanctions and continue to mobilize the international community to make sure that iran is further and further isolated and pays a price for this kind of behavior. >> the u.s. accuses this texas used car salesman of ordering a hit had on the saudi ambassador at the request of the qods force. part of iran's elite revolutionary guard.
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apple geeks waited in long lines all night. they wanted to be the first to get the new iphone4 as it went on sale today. apple says it sold 1 million phones online in the first 24 hours. watch this happy customer and you will you a know exactly why. >> it feels amazing. it feels amazing. i mean this is truly a wonderful piece of technology. i'm just holding it in my hand. i can't wait to use it! i can't wait to get started! >> he's preelly ll ll lly exci. that familiar is familiar. that's steve wozniak showing up at his neighborhood apple store. he waited in line all night to get his 4s. he says, sure, he could have made a phone call or two and avoided the wait but he didn't want to ruin the excitement. iphone 4s is basically its predecessor on steroids. it is a lot faster. apple techies grumbled because it wasn't the all-new iphone5.
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that disappointment seems to have been forgotten already. admitted celebrity hacker christopher chaney went to federal court in jacksonville, florida today. he's expected to be transferred to los angeles where he says he'll plead guilty to all charges against him. cheney hacked e-mail accounts belonging to actress scarlett johansson, among others. nude photos of joe hanson eventually turned up on the internet. chaney says he was simply addicted to hacking. hedge fund manager raj rajaratnam must report to federal prison in 45 days and his sentencing hearing in new york, prosecutors called him the modern face of insider trading. he scored millions of dollars on illegal stock tips. the judge gave him 11 years in prison and a $10 million fine. the judge also ordered him to repay $53 million in
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restitution. police plan to release more information about wednesday's horrific salon shooting that left eight people dead in seal beach, california. they have scheduled a news conference for two hours from now. police say the suspect, 42 years old, faces multiple counts of murder. he was arrested without incident near the shooting. a custody battle reportedly set off the suspect. his ex-wife is among those dead. she was a stylish at the hair salon. last night there were tears and candlelight for all the victims the shooting has rocked that close-knit community. bangkok could see its worse monsoon floods in decades this weekend. thai officials are counting on flood walls to keep the city's center dry but rising water has forced 15 elephants on to the rooftop of their sanctuary. workers at the elephant
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sanctuary say they are having a hard time getting enough food to the stranded animals. the international monetary fund's man in turkey has a bob and weave during a university speech. students through eggs and shouted "imf get out." security guards quickly hustled protesters from the auditorium. back to our lead story. showdown averred. new york police will not force occupy wall street protesters out of the park where they have been camping after all. officials backed down from a plan to clear out the park so that it can be cleaned. our susan candiotti joins us live now from lower manhattan. the cleaning is off for now so what is the overall atmosphere? >> hi, fredricka. yes, protesters here are very happy about what happened. before dawn when they got word that in fact the people that own this private park, not a city park, backed down from telling the police to move the protesters out so they could
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clean the park. that's what they said. but the protesters said this is really just a veiled attempt to stop this protest. if we can't occupy this park, then there is no occupy wall street. now they got help, as it turns out, in the middle of the night from a lot of public officials who are said to have called the owners of this park threatening them, in the words of the mayor of the city, with some sort of future action to make it uncomfortable for them if they went through with the eviction. that didn't happen and there subsequently have been some minor scuffles with some of the protesters out in the streets here. 14 people arrested. other than that, it has been very peaceful today. joining us now is mark bereray. a member of this group and also a member of the so-called press team. there was a lots of excitement today when the park backed down. >> it was really euphoria in the park because we had been threatened with this cleaning situation which we really took as a notice of eviction.
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so a lot of people came down, more than 1,000 this morning, and with the support of unions and community groups and the wider public we managed to send the message to the city that we're a legitimate movement that deserves its right to protest peacefully in the park. >> you know anything about these alleged threats made by public officials to the owners of this park? >> i can't speak specifically to anything that i would refer to as a threat but i do know that a lot of public officials and politicians had put in calls to the city to try and encourage them to rethink this decision. ultimately they did. >> you're not stopping now. have you a lot of things planned for the weekend. >> that's correct. tomorrow we have large demonstration at 5:00 p.m. times square. we encourage all our viewers to come out here. then at 11:00 we have a march around the financial district and at noon a student meet-up in washington square park. >> thanks very much. also wanted to note that this might not be over because the owners of the park put out a statement saying that this isn't over, that they're still trying to negotiate something with the protesters so they can move them
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out, get the park cleaned and try to get the park back to what they call "normal." i don't know whether that's going to happen, fred. back to you. >> susan, meantime, last hour you spoke with two men who apparently are not who they said they were. what more do we know about them? >> that's right. in the last hour we did a live interview with two men who said that they were wall street bankers and who oppose this protest. it turns out that those two men are actually comedians who were playing the role of wall street bankers and cnn regrets that error. >> all right, susan candiotti, thanks so much in lower manhattan. here's a rundown of some of the stories that we're covering over the next hour. first, why conservatives aren't focusing on race when it comes to presidential hopeful herman cain. and a closer look at rick perry's plan for jobs. drill, baby, drill, and lighten up on regulations? then i'll talk live to a top
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american entrepreneur who has his own plan to jump-start jobs and he's advising the president on it. also -- >> families living in fear, children being pulled out of schools, was this the intent of this law? >> there's no intent for families to live in fear. >> a closer look at alabama's tough new immigration law and how it is affecting some families. and later, why a famous london landmark has a bit of a lean to it these days. citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. i'm not a line item on a budget. and i'm definitely not a pushover. but i am a voter. so washington... before you even think about cutting my medicare and social security benefits... here's a number you should remember. 50 million. we are 50 million seniors who earned our benefits...
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999 plan which would overhaul the nation's tax system. herman cain is the first african-american to have a shot at the republican nomination. but the issue of race is not something cain is focusing on. here now is cnn's shannon travis. >> hello, chicago! >> reporter: in 2008, americans watched as one african-american kept his eyes on the prize and won it. >> it's been a long time coming. but tonight, because of what we did on this day, in this election, at this defining moment, change has come to america. >> reporter: fast forward three years, another black man also eyeing the prize, also generating buzz. but who's reluctant to mention his race in the story of his journey. republican presidential candidate herman cain also beliefs the notion of racism is overblown. >> people sometimes hold themselves back because they want to use racism as an excuse
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for them not being able to achieve what they want to achieve. >> reporter: many of herman cain's conservative supporters agree -- race should not and major issue. why are conservatives reluctant to talk about cain being a black man? for one, many say it's liberals who overly focus on race and politics. the candidate himself says this -- >> why is the republican party base clip poison for so many african-americans? >> because many african-americans have been brainwashed into not being open-minded, not even considering a conservative point of view. >> reporter: a second reason concerns the tea party. critics have accused it of harboring racism elements, something tea party supporters deny. herman cain has long been a tea party favorite. >> what do you think about this whole tea party citizens movement. >> reporter: he's a sought-after
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speaker at tea party rallies, won presidential straw polls with strong tea party support and many activists say they want him on a presidential ticket either at the top or as vp. organizers cite those facts against claims of tea party bigotry. jenny beth martin is co-founder of the nation's largest tea party group. the tea party patriots. she told cnn, "i think that having an african-american with so much tea party support is another example that the tea party movement is not racivity. it shows that we're looking at the issues and we're not looking at skin color. yet questions regarding cain's skin color will likely continue. as many people celebrate martin luther king at this weekend's dedication of his washington memorial, herman cain has his own take on the dream. >> i have achieved all of my american dreams, and then some, because of the great nation, the united states of america!
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what's there to be angry about? >> reporter: shannon travis, cnn, washington. >> herman cain is hot, hot, hot, so is his 999 tax plan. leave it to david letterman to kind of complicate things. >> we have put together for you an educational video. get to know the 999 plan. here, watch this. >> the 999 plan takes the complex issue of taxing americans fairly and makes it simple. u.s. citizens under the age of 9 pay a 9% flat tax while citizens older than 9 but younger than 99 pay a 9% flat tax plus a 9% national sales tax. 999 plan does not tax individuals older than 99. corporations pay a 9% tax on revenues with installments payable on the 9th of each month. a simple formula results in 99% of charitable contributions qualifying for a .9% reduction
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in the 9% flat tax on those contributions. >> dp cain get the 999 plan from a video game? sin city has had a 999 plan for years. a spokeswoman for cain's economic advisor doubts it. apparently cain is not much of a video game person. for the latest political news, you know exactly where to go -- cnn ppolitics.comcnnpolit all week long alina cho has been telling us about all the hot fashions on the paris runway. this weekend it all comes together in half-hour special. she's about to give us a sneak peek after this. and...a toy drum. hiya folks, so the other day i tried to buy some camouflage pants but i couldn't find any. [ rimshot ] thank you, thank you i'll be here all week. in fact, i'll be here for the next 18 years. [ rimshot ] is this really necessary? come on ma, laughter is the best medicine! i'm just glad i stocked up on the real stuff. tough crowd. [ male announcer ] get low prices every day on everything to prepare for cold and flu season.
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get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. aspercreme breaks the grip, with maximum-strength medicine and no embarrassing odor. break the grip of pain with aspercreme. let's check stories making news across the country right now. the national weather service heads to central virginia today to look at the damage caused by three tornadoes. one may have touched down several times. trees, roofs and other debris were left scattered all over the place. in california, take a look
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at this rescue near sacramento. a man wearing a parachute jumping off a bridge. it is called base jumping. but his chute got tangled in a tree and he had to call 911. the helicopter's rotors whipped up quite a bit of winds making it a challenging rescue. to north carolina, looks like a game of tug-of-war. then the big airplane enters the picture. these folks work for us airways and are competing in teams to make the best times pulling the carolina panthers' plane 15 feet. it is a fund-raiser for the united way of the carolinas. the biggest names in fashion, the biggest secrets of the season, and the shoes. don't forget the shoes! alina cho gives us a sneak peek at her weekend special "backstage pass," from paris. >> reporter: this week it's been my pleasure to introduce you to some of the people i think are the creme did he la creme of
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french fashion. and tomorrow it all comes together in my half-hour special "fashion backstage pass from paris." we'll take you inside the world of chanel and inits iconic designer, carl lagerfeld. what makes you do that? >> i don't know. i have a vision, a flash like that. i don't ask questions. thank god i get answers, i don't know from where. when i make big effort, it is for the garbage can. when i make no effort, it suddenly -- i don't know -- it happens. it is much better. but you cannot count on this. >> the biggest fashion story out of paris, who will replace john g galiano at christian dior. you know has magic hands is marc jacobs. >> i heard about. >> have you made a decision? may i ask you that? >> as i say, the people who
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knows are not talking and the ones who are talking are not knowing. so, no, no, i cannot make any comments. >> last, but certainly not least, the man behind those iconic red-soled shoes. >> it comes from the person from head to toe. a pair of shoes a bit like that. >> reporter: we're also backstage with the hottest makeup artist, the hottest model and my pick for designer to watch. all tomorrow, "fashion backstage pass from paris." >> we look forward to that. don't miss alina's special "fashion backstage pass" from paris. it airs tomorrow, 2:30 eastern time. aol founder steve case is about to join me live. find out what he has been telling the president of the united states about jump-starting the economy. ♪
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here's a rundown of some of the stories we're working on next. republican presidential candidate rick perry reveals his energy plan. he says it would create a lot of jobs. we'll take a closer look. 7 then steve case gives advice to president obama on putting americans back to work. we have a live interview with the aol founder. later, flooding threatens homes, businesses, historic sites and elephants in thailand. republican presidential hopeful rick perry has just wrapped up a speech on creating jobs in america. he wants to open up restricted oil fields to drilling. >> the plan that i present this
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morning, energizing american jobs and security will kick-start the economic growth of this country and create 1.2 million jobs. >> for a breakdown of perry's plan, alison kosik joins us now from the new york stock exchange. how exactly does perry's plan work to create those 1.2 million jobs? >> okay, fredricka. some critics sum it up as perry's version of "drill baby drill." his idea is to boost how much oil is created in the u.s. to boost jobs. you would open up more federal lands and oceans for drilling, and that includes protected lands in alaska and off the east coast. he wants to boost production in the gulf of mexico as well. perry also supports hydraulic fracturing in the northeast, also called fracing.
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>> what about all the other industries that would be affected, around the fracing or near the coast, how might it affect them? >> exactly. that's why his proposals are controversial, for that very reason. take fracing. what fracing is is when water and chemicals are ingested into the earth to aextract natural gas. there is growing concern and anger that it could damage the water supply. farmers interviewed by cnn money are against fracing. they want to make sure there's clean drinking water for their animals. as for offshore drilling, florida visitors bur video against boosting drilling. the big worry of course, what if something goes wrong. what's fresh in their minds is that bp oil spill. that's what they are worried about. >> ultimately would perry's plan help reduce our dependence on foreign oil? >> the oil industry came out last month with reports saying
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that perry's plan will help a lot. you can look at it in two ways. for one, if nothing changes, our domestic oil production is going to grow anyway to 9 million barrels of oil a day by 2030. the other way to look at it, if those areas that we mentioned are opened up for drilling, the industry could actually produce 15 million barrels a day. that's very close to the amount we consume every day. so it would help us to be sort of weaned off of foreign oil. but, you have to consider this. with any policy change, there are always winners, there are always losers. but of course if he becomes the republican nominee, voters will ultimately decide if perry's plan is worth the risk. >> how about the markets? how are they doing today? >> we've lost our rally quite a bit. we're still in positive territory. dow up 63, nasdaq better by 17. google really starred things off blowing past expectations. we also got a positive consumer spending retail sales report from september showing that retail sales rose a little over 1% in september.
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so we've got some green arrows. we'll see if we can hold them to the close today. >> thanks, alison kosik at the new york stock exchange. president sbrom focusing on ways to put mention back to work. this week the president heard back from his jobs council tasked with finding ways to help grow the economy. aol founder steve case is a member of the president's council on jobs and competitiveness joining us from washington. good to see you. what's the number one piece of advice that you have given to the president or want to give to the president about how to get the economy jump-started, how to get companies actually hiring again? >> the key to focus more on entrepreneurship. the story of america is the story of entrepreneurship. that's why we're the leading economy. great companies and industries started here. we need to double down on our nation's entrepreneurs. we outlined a whole framework and truthfully something the administration and private sector needs to do but also that really needs bipartisan support in congress to make sure we have
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the right framework in place to help companies get started. data says 40 million jobs have been created in the last 30 years from high-growth entrepreneurial companies, really accounting for all the net job creation. focus on jobs and the economy. you got to focus on entrepreneurship. >> when you say in the last three decades 40 million jobs have been created by young firms, how does the white house or government as a whole try to open up those opportunities for that kind of entrepreneurial venture that you're talking about? because a lot of people feel like, i need money in order to make money or start that business. >> and that's part of our recommendation. congress needs to do in a bipartisan way, there are a number of things to make it easier for companies to raise capital, create incentives, lower capital gains for early-stage investments, make it easier for companies to go public. 90% of jobs are created after companies go public but the sar bans oxley regime made it more costly. either companies go public or go public later.
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as a result many companies also get sold and we lose some acceleration in terms of job creation. we also talked about the need to take a fresh look at immigration. we know it is a complicated sensitive issue, but the reality is high-skilled workers, engineers and prurs, we want them to stay here and create companies here. right now we educate them here at some of our great universities. give them a ph.d in computer science, say, then we kick them out to create companies in other places. we need to broaden this discussion around immigration and get that done, too. if we win the global battle of talent, make it easier for companies to go public, those are things congress can do right now if they really focussed in a bipartisan way. in addition to the administration, we outlined seven things they need to do, four things the private sector needs to do. there's nothing magic about this. it just requires a comprehensive effort from all sectors. >> seems like there are two different messages coming out of the white house. while the white house celebrates their jobs agreement that was
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passed just a day and a half ago and the president taking the south korean president to detroit to really tout american-made with gm, chrysler, ford, et cetera, at the same time part of this trade agreement is relying on or hoping that there will be significant u.s. exports in which money will be made. but there again is part of the problem -- entrepreneurship, you've got start the businesses, get those made-in-america products to multiply. >> no question. but that's really what america's always been about. some of the great industries, automobiles 100 years ago in detroit was really dominated by creative american companies. the laugh st 50 years technolog the silicon valley and more internet revolution recently has been the key driver. we've been the leader in health technologies, biotech and pharmaceuticals. we've always had the innovation secret sauce. we just need to double down on that and make sure the government gets out of the way and creates the right framework so that private investment, private capital and the entrepreneurs really can get
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these companies started. the number of new starts has gone down over the last five years 23%. if it stayed at the same level we'd have 2 million jobs more in our economy right now. we've got to make it easier for companies to get start and for companies that are working to scale and access capital an access talent and capitalize on some of these global opportunities. with bipartisan support we could move on this quickly. >> let's talk about the late steve jobs, one of this country's greatest innovators and one who was also a good friend of yours. he was a really unique individual. what thoughts do you have about how the kind of innovation that he represents could be a real contagion in this country? >> obviously it is a sad time because he was a friend but also a great innovator. really one of america's most iconic entrepreneur, i said probably the greatest entrepreneur of our generation. so it is a big loss. what he always focused on was moving forward and trying to figure out as you note what are
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the next innovative moves you need to make, digital music with the ipod or re-inventing the phone with the iphone or the ipad, but he's not alone. there are a lot of great american pruentrepreneurs out there. we need to get government out of the way and create the right incentives so these entrepreneurs can build these great companies and we can create the next steve jobs for the future. >> steve case, thanks so much for your time from new york. >> thank you. floodwaters are rising across thailand. the disaster is growing and the race is on to save the capital. more and more folks are trying out snapshot from progressive. a totally different way to save on car insurance. the better you drive, the more you can save. no wonder snapshot's catching on. plug into the savings you deserve, with snapshot from progressive.
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a major crisis right now in thailand. entire towns and cities, farms and factories are submerged in some of the country's worst flooding in half a century. the capital bangkok has not been spared. floodwaters are rising and people are frightened that the worst is yet to come. our paula hancocks is in bang k
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bangkok. >> reporter: this is an eastern suburb of the capital bangkok. now this is a perfect example of what many other areas around the inner city of the capital that are affected at the moment by the floods. the water here has been here for at least three days, and the water levels are just expected to rise as more than 1 billion cubic meters a day is reaching bangkok. for this particular area, it is one of the areas the government is willing to sacrifice so that the business district is not affected. this area is sandwiched in between a river on this side and the floodgates on the other side which are protect being the inner city. and you can see the chaos that it has created. the water itself has turned many of these roads into rivers and obviously there is gridlock here as people are trying to go about their business but obviously it is very difficult. many cars are getting stuck in the water. now of course there is another fear for this neighborhood.
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this is the time of the high tides. as well as seeing a deluge of water coming from northern parts of thailand, from the 13th to the 16th of october they are also seeing high tides so that obviously is a concern that the two will meet in the middle and make these waters rise even further. now we have seen significant floodgates being built up around the inner city. millions of sandbags are being used and the government is really wasting no resources to try and protect those areas. here people are having to fend for themselves a little more. they will get some handbags handed out to them but it is almost a futile attempt to try and protect their homes and protect their shops, as many of these places are already flooded. paula hancocks, cnn, in the eastern suburbs in thailand. >> there's growing concern for animals across thailand. 15 elephants are on a rooftop to escape the floods at an elephant sanctuary. they include seven mothers with babies and a 9-year-old known
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for its painting skills. >> they are obviously very concerned because none of us have any idea how water the is going to hit. now the elephants have actually left there because the babies are very young and they wouldn't survive in the floodwaters. this is the fifth anniversary of cnn heroes honoring every day people who are changing the world. coming up we'll introduce you to one of the top ten cnn heroes of 2011. he is a cancer survivor who teaches soccer, along with life skills to haiti's poorest children. but first, here's some free money advice. with me now, president of consumer education at smart credit.com, and manisha is a
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personal finance expert. first question from joe. manisha, he wants to know current rules regarding mandatory withdrawals and 401(k) savings at age 70. >> this is so cruel. you actually have to spend that many that you've accumulated because the government wants their tax bite out of it. so at the calendar year after you turn 70 1/2 you have to start taking out minimum required distributions. bankrate.com has a great website and a calculator where you can go to see exactly what you need to pull out and you really want to pay attention to this. the bite that will get taken out if you don't do it -- nearly 50%, carter! yeah. expensive. you want to pay attention to it. >> pay close attention. this comes from stockton, california. she says her husband had and she are both in their 60s, retired, 30-year mortgage, 5.75% interest. they have a $280,000 balance. they've been paying $20,000 extra a year. they wonder if they are possibly going to be able to pay this off
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next year. should they refinance now. >> congratulations to them for being so aggressive in paying down that mortgage. it will be nice to not have a house payment. here's the issue. they've only got one more year left to pay this off. when you refinance a mortgage there is a cost involved with doing so. even though they may in fact lower their payments over the next 12 to 14 months, the cost to refinance might actually outweigh the savings that they accumulate by paying less. i would say state course. just pay is off in the next year or so and be done with it. >> if you've got a question you want answered, send us an e-mail any time at cnnhelpdesk@cnn.com. accept it. you can't change the way banking works.
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just accept it, man. free ? doesn't close at five ? try nature. it's a bank. what do you want, a hug ? just accept it. hidden fees, fine print, or they'll stick it to you some other way. stay with the herd, son. accept it. just accept it. accept it. just accept it. accept it. if we miss this movie, you're dead. if you're stuck accepting banking nonsense, you need an ally. ally bank. no nonsense. just people sense. i'm not a line item on a budget. and i'm definitely not a pushover. but i am a voter.
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all year we've been introducing you to every day people who are changing the world. we call them cnn heroes. i'd like you to meet one of this year's top ten cnn heroes. after being diagnosed with cancer, patrice dedicated his life to helping children in his native haiti. his nonprofit youth soccer program gives equipment, coaching and food to hundreds of kid. he's joining us right now on the phone from port-au-prince. well patrice, first, congratulations for being a top ten hero. >> well thank you. thank you to cnn for this nomination. i'm really happy for the haitian kids. >> tell me how this soccer
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program works. how is it you are able to reach so many children and bring them the gift of soccer and give them some real hope? >> you know, since i got diagnosed for the cancer and i decided to go to this program and mostly when i traveled, you know, it was mostly love. i went directly with my hurt and since then i tried by myself to re-unite all the kids, you know, and having this occur and try to teach them to do education by sport. >> and it also sounds like this program has really been good medicine for you. >> i don't hear you. >> how much of this program
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helped you, how much has it brought good medicine or therapy for you? >> oh. you talk about the happy? >> yes. how it's been benefiting you to give so much that i imagine that you're getting an awful lot back by the kids. >> oh, yes. yes. it has a lot of joy, joy in the kid's face. when you go home and you feel you have complete something good working with underprivileged kids, you know, and i always love kids. i always like to see them play, giving them their childhood. you know? and it help me i think it help me a lot to keep going. >> patrice millet, thanks so much for your time from port-au-prince and all the best and congratulations again on being a top ten cnn hero.
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go to cnnheroes.com now online and on your mobile dries to vote for the cnn hero who inspires you most. all ten will be honored live at cnn heroes, an all-star tribute hosted by our own anderson cooper, sunday, december 11th. this weekend thousands of people will be in washington, d.c. for the dedication of the martin luther king jr. memorial. it was originally scheduled to be dedicated in august. well, that was postponed because of hurricane irene. earlier this week i talked with martin luther king iii and his sister, bernice king, about their father's legacy, what the memorial means to them after 14 years in the making. >> this particular monument took less time than most of them. it's not all of them. so i think that speaks volumes that we were able to move it along in that time period. but, the irony is that his life span in terms of impact in this
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world was just about 14 years. so there's some kind of parallel to the work that he did as well. >> throughout this weekend you'll be hearing more of my interview with the king children beginning tomorrow at noon eastern time. the memorial dedication is taking place sunday morning in the nation's capital. president barack obama and civil rights leaders joseph laurwye ld andrew young are also scheduled to be there. to bartlett, tennessee now, you see republican candidate herman cain. let's listen in. >> this is wonderful! now, one of the best kept secrets about herman cain is that he was born not too far from here. i was born in memphis, tennes e tennessee, but i got a lot of relatives flivz balives in bart
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tennessee. and as far as i'm concerned, all y'all are my relatives today! it is great to be here and thank you for coming out. you could be somewhere else, doing something else, but you decided to come out to show your support for me and you don't know how much that encourages me, because as i told a group earlier this week, i don't know how to spell the word quit. now this is october. two months ago they had something called the iowa straw poll. and at the end of the iowa straw poll, we ended up in fifth place
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and many of the pundits, many of the so-called political media experts, were predicting that that was the end of the herman cain campaign. that's what they were predicting. >> but you see, here's what i have learned in the past several weeks and in the past couple of months. it didn't just start with that florida straw poll. it didn't just start with that national federation of republican women straw poll, or all of the other straw polls. here's what i learned that finally, finally some of the pundits are finally getting it.
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the voice of the people is more powerful than the voice of the media. there's my auntie over there! i told y'all i got relatives here! the voice of the people are going to decide who's going to be the nominee. and the voice of the people are going to decide who's going to be the next president of the united states of america. because the american people are sick and tired of business as usual in washington, d.c. the american people have decided enough is enough. the american people have decided that they do not like -- >> republican candidate herman cain in bartlett, tennessee, stumping there not far from his birthplace of memphis,
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tennessee. we'll continue to monitor his comments there out of tennessee. overseas there's something going on with london's famous big ben clock tower. it is leaning. we'll check with reynolds wolf to find out what's causing that. n women men and uh pandas... elbows mmm [ male announcer ] wanchai ferry, try it yourself. helps defends against occasional constipation, diarrhea, gas and bloating. with three strains of good bacteria to help balance your colon. you had me at "probiotic." [ female announcer ] phillips' colon health. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader.
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if you visit london soon, you might notice something. a bit odd at the famous clock tower that holds big ben. doesn't look like it right there. it's leaning actually. reynolds wolf checked it out for us. i think can you really see it in still photographs that you can with the naked eye, apparently. >> yeah, think so. i think some of that was little creative photography. but believe it or not, they believe it has started to tilt just a little bit.
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well we're going to get to that in a few seconds. the interesting thing about this, this has been around for a long time. it was actually finished construction back in 1859. they were a little bit behind schedule but sure enough, it is up and it is an iconic thing. certainly a must-view if you happen to go to london. we can't get to london immediately so with the help of google earth we'll zoom in and show you where it is set up. parliament, the thames river. there he is, big ben. beautiful to see. if you happen to go there you notice that might be tilting a bit, well it is exactly doing that. as a matter of fact we look at this graphic. we'll compare it to another tilting thing that we have, that of course is the leaning tower of pisa. it has a 12.8 feet tilt. not so much for big ben. the tilt is 1.5 feet but it is slowly moving in the direction, possibly getting a little bit more as we pass each day but it is not something that's going to happen very quickly.
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if you were going to try extrapolate time and try to give big ben to something close as the leaning tower of pisa, you'll be waiting for quite a long time. in fact they believe you'll be waiting for about 11,000 years. keep in mind, i've got full confidence in british construction but i'm telling you, i don't think that this structure would last for 11,000 years. that's a very long time. clocks, maybe so. but i don't think the building will. waiting for a little bit of time to catch up to the leaning tower of pisa. still an amazing thing. there has been construction in the area and they believe that may have been one of the catalysts why it is tilting a bit to the west. >> wonder if they will stop the construction or figure out a way to get back -- >> i think a lot of people are going to be looking for answers. >> i think so, too. thanks, reynolds. we'll much much more of the "newsroom" after this.
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[ boy ] hey, i thought these were electric? uh, it is, yeah, it's a chevy volt. so what are you doing at a gas station? well it still takes gas to go farther. but you're not getting gas. true. not this time. uh, don't have to gas up very often. so you have to go to the bathroom? no. yes you do. thought these were electric? yes, it's a uh, a chevy volt. so what are you doing at a gas station?

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