tv CBS Morning News CBS July 20, 2009 4:30am-5:00am EDT
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i'm scared. i'm scared i won't be able to go home. >> soldier hostage. a young american missing in afghanistan shows up on a taliban video. lender loans. cit bond holders saw a $3 billion lifelip to the troubled financial institution. and moon reunion. the crew of apollo 11 looks back on their historic flight 40 years ago today. >> that's one small step for man, one giant leap for mankind. captioning funded by cbs good morning. thanks for joining us. i'm michelle guillen. the message from the family of an american soldier captured in afghanistan is easy to understand. keep bowe in your thoughts and
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prayers. private bow bergdahl was captured nearly three weeks ago. over the weekend, bergdahl was seen on a taliban video posted online. susan roberts has the latest. >> reporter: good morning to you. they call the video propaganda that violates international law, but it's the first glimpse of the frightened young soldier we've seen since he was captured. >> i am scared. scared i won't be able to go home. it is very unnerving to be a prisoner. >> reporter: bergdahl was captured near the pakistan border. the details of his capture were murky. bergdahl said he was lagging behind while he was on patrol. the military says the incident is under investigation. what is clear is the fear in bergdahl's voice. >> i have a very, very good family that i love back home in america, and i miss them every day that i'm gone. >> reporter: back home is a
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small town in central idaho, hailey, where residents are praying for the young soldier and his family. >> i'm actually speechless. my heart goes out to them. i know what it's like every night not knowing. >> reporter: in a written statement, his family said they are praying for our son's safe return to his comrades and our family. during the 28-minute video, bergdahl was prompted to send a message to the american people. >> please bring us home. in america, the american people have that power. >> reporter: the american military says it is working to bring bergdahl home but says it is not willing to negotiate. >> we're very unhappy with the exploitation, public exploitation of a prisoner and the humiliation that goes with that. it violates international law. >> reporter: bergdahl is 23 years old and had been in afghanistan 5 months when he was captured. as of yet, the taliban has not set any conditions for his
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release. michelle? >> susan roberts in washington. susan, thanks. secretary of state hillary clinton is in india this morning, where she's expected to sign agreements on arms sales and nuclear reactors. clinton is meeting with top defense officials today. it would pave the way for india to buy sophisticated arms. the nuclear deal would allow u.s. companies to sell nuclear reactors to india. in this country, president obama's plans to overhaul the healthcare system are taking center stage. today the president meets with healthcare providers. congressional democrats have come up with the plan the administration calls a work in progress. the congressional budget office calls it a budget buster. kimberly dozier reports. >> reporter: america got a collective case of sticker shock over the estimated cost of healthcare reform last week. the congressional budget office declared that two competing bills in the house don't add up. the cbo estimated they would both put the country further into debt by $240 billion over ten years. the president had directed congress to draft a bill that
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did not deepen the deficit. he said he's sticking to that. >> let me repeat, health insurance reform cannot add to our deficit over the next decade, and i mean it. >> reporter: he's still pushing both houses of congress to pass healthcare legislation by august. that prompted a republican push back. >> this is the same kind of rush and spend strategy we saw on the stimulus bill. >> reporter: the senate has not yet begun its debate, but the main house proposal raises $583 billion over ten years by imposing a sur tax on families who earn more than $350,000 and on individuals with incomes over $280,000. its drafters say it will also save $219 billion by lowering spending on medicare and other federal health programs. but that still leaves one-third the cost of the bill uncovered. >> say what you want, but let's get to the table and do something to correct it. >> reporter: that rush to write a bill has prompted criticism,
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even among democrats like leading conservative congressman mike boss. >> we need to slow down and have a clear understanding of what we're doing, develop a bill that can really result in the kind of savings that will cause healthcare to stop growing at twice the rate of inflation. >> reporter: the president says it could take up to five years to implement healthcare reform. that's why he wants to see preliminary legislation before the august recess. so they could take the fall to meld the two bills together. on the "cbs money watch" asian stocks rose this morning. and a plan to keep cit afloat. claire, good morning. >> good morning to you. asian stocks did kick off the week with more gains. hong kong shares jumped 3.7%. south korea's kospi rose more than 2.5%. japanese markets were closed for a holiday. some of the biggest names in technology report earnings this week.
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investors will be closely watching to get a clearer picture of how the economic recovery is going. texas instruments and the number two chip maker advanced microdevices are on deck today. the dow jones industrial average starts the day up 32 points. the nasdaq added 2 points. on the economic front, the index of leading economic indicators designed to predict the economy six to nine months down the road is due out later this morning. commercial lender cit's board has given the green light to an 11th hour deal with major bond holders for a $3 billion rescue loan to keep the company out of bankruptcy. "the new york times" reports the emergency financing is intended to give the 100-year-old company time to restructure some of the billions of dollars of debt payments coming due this year. the federal government refused to bail out the company last week. cit's fate is being closely watched because hundreds of thousands of companies ranging from clothing makers to retailers rely on cit financing for cash to keep their businesses running.
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michelle? >> so interdependent. claire leka here in new york. claire, thanks. just ahead on the morning news, remembering famed irish author frank mccourt. plus a rare reunion of a space crew that went where no man had gone before. first, katie couric has a preview of tonight's "cbs evening news." >> how one city in michigan is knocking down its most devastated neighborhoods to build better futures for their kids. it's part of our series "children of the recession" tonight only on the "cbs evening news." on fridays, i have hockey before school, so i take two eggo homestyle waffles and put peanut butter inside. i add a couple chocolate chips when dad's starting the car. there's only one way to eat an eggo -- your way. l'eggo my eggo. a heart attack at 53. i had felt fine. but turns out... my cholesterol and other risk factors... increased my chance of a heart attack. i should've done something. now, i trust my heart to lipitor. when diet and exercise are not enough,
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they did urge mankind to send missions to mars despite government budget problems. >> reporter: the sense of wonder of what happened 40 years ago never goes away. machines that took man to the moon and back continue to fascinate at washington's air and space museum. >> the eagle has landed. >> reporter: the moon landing and neil armstrong's first steps were a defining moment of the 20th century. >> that's one small step for man, one giant leap for mankind. >> reporter: but there's still a debate about what it all meant and whether it was worth it. >> i was a pilot about eight years, and then i was an astronaut 18. i've been an artist longer than those two combined. >> reporter: allen bean was the fourth man to walk on the moon and now paints those experiences. >> it changed, i believe, most humans' opinion of what humans can do. 400,000 people did this. this was an impossible dream.
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and it wasn't 400,000 geniuses, it was 400,000 regular people that cared and were willing to sacrifice to do this. and if 400,000 people can do this, an impossible dream of sending humans to the moon and back, look what we could do if people are willing to join forces. >> reporter: nasa plans to go back to the moon by 2020 and then to mars. but a review of human space flight ordereded by president obama may cut the budget. the american space program has cost trillions of dollars. and it's going to cost trillions more if they're going to do it again. persuading the public it's worth it, especially in the current financial climate, is going to be the biggest challenge. the american public certainly seems to have that will. >> if you look back and see what we got from that event 40 years ago and the amount we paid for it at that time compared to today, we probably got more than our money's worth during that time. >> reporter: last night the crew of apollo 11 were together again, a rare public appearance
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by neil armstrong. >> apollo 11's lunar module, named eagle, made a smooth touchdown on the moon. >> reporter: we don't know if man will set foot here again. those who already have says the world should be more ambitious if they're to keep probing that final frontier. greg milam, sky news, washington. author frank mccourt has died of cancer in new york city. he was best known for the best-selling memoir "angela's ashes" about his poor childhood in limb rick, ireland. he went back to limerick with ed bradley of "60 minutes." >> we were always on the street when doctors came out. we didn't want to go home. and then the mothers would start calling from the doors down here, michael, paddy, mary, come in.
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come in for your tea. come in for your duck egg. come in for your toast. and then start bragging up and down the lane of what they were serving. and everybody had tea and bread, but they'd start making up sausages. nobody had sausages at that time anyway. and we didn't want to go in because life on this street was so exciting. >> frank mccourt was 78. when morning comes in the middle of the night, [ rooster crow ] it affects your entire day. to get a good night's sleep, try 2-layer ambien cr. the first layer dissolves quickly... to help you fall asleep. and unlike other sleep aids, a second dissolves slowly to help you stay asleep. when taking ambien cr, don't drive or operate machinery. sleepwalking, and eating or driving...
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here's a look at the weather in some cities around the country. new york, mostly sunny, 82. miami, p.m. thunder, 92. chicago, 75. denver, partly cloudy, 93. los angeles, 83. and time now for a check on the national forecast. the latest satellite picture shows that skies are mainly clear throughout the northwest, and clusters of thunderstorms can be seen drifting over the plains in southeast. later today, the southeast will see showers. the northeast and great lakes will enjoy a pleasant afternoon. thunderstorms will be rumbling across the plains and southwest. and the northwest remains sunny and quite warm. in sports, tom watson was one stroke away from becoming golf's oldest major champion ever. but the 59-year-old didn't make an eight-foot par putt on the
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18th hole of the british open. that forced a four-hole playoff which stewart cink won by six strokes. cink was 2 years old when watson won his first major championship. in baseball, ichiro suzuki had three hits and scored twice, but it was his defense that won the game. suzuki ended the game with a great catch at the wall. seattle mariners beat the cleveland indians 5-3. after breaking off a perfect game in the seventh, bobby abreu's solo home run in the tenth was the only run during the angels-athletics game, so los angeles beat oakland 1-0. and colorado's jason marquis not only threw eight strong innings but also had a two-run double to become the first 12-game winner in the majors. rockies beat the san diego padres 6-1. when we return, another look at the day's top stories, and another report from washington on president obama's push to overhaul healthcare. professional bass fisherman.
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on the cbs morning news, here's a look at today's weather. thunderstorms will be developing in the plains. it will be quite pleasant in the northeast and ohio valley. the southeast will have showers and thunderstorms. here's another look at this morning's top stories. the apollo 11 crew will be honored at the white house today. the 40th anniversary of the first manned lunar landing. neil armstrong, buzz aldrin, and michael collins spoke yesterday at the smithsonian institute. and the u.s. million tricalls a taliban video showing a captured u.s. soldier propaganda that violates international law. private first class bowe bergdahl was captured in afghanistan about three weeks ago. >> it's a clear violation of international law to use prisoners for propaganda purposes, and that's in keeping with the way the taliban operates. they don't hold themselves to the same standards as the rest of us. it's not surprising, but it's
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disappointing. >> bergdahl is 23 years old and has been in afghanistan five months. as we reported, the president is pushing congress to pass legislation overhauling the nation's healthcare system before it takes its summer recess. he meets with healthcare leaders today. susan roberts is in washington and joins us again. good morning to you, susan. >> reporter: michelle, good morning to you. the president is not letting up on that august deadline. meantime, republicans are fighting this tax on the wealthy, saying this will only kill jobs in america and make it more difficult to hire. the white house is sticking to its august deadline for overhauling the nation's healthcare system. >> we can make that. we're working towards that. >> reporter: president obama will step up his campaign this afternoon during a round table meeting with healthcare providers. he says the round table may the single most important issue to getting the economy back on track. still republicans argue rushing a bill through congress is not the answer. >> i don't think we ought to get
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the particular bills we've seen out of the house or the senate before august because they're really not the right way to go. >> reporter: lawmakers are considering several different plans. the main house proposal considers a tax on the wealthy. the house bill has already hit a major bump in the road. a report by the congressional budget office shows it would add nearly $240 billion to the national deficit over the next decade. >> it did nothing in the out years to contain the rate of growth of healthcare costs. those were pretty damming words, to be honest with you. >> reporter: but democrats insist the report ignores several cost-saving measures that will help the american people. >> the fact is we will have a bill that will meet their needs and will be paid for. we will not add to the deficit. that is a promise. we have that responsibility to the next jen rallings. >> reporter: president obama also refuses to add red ink to the federal books. he's vowed only to sign off on a bill that would lower healthcare
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costs in the long run. leading democrats still have members of their own party to deal with. a group known as the blue dog democrats argue it isn't like raising taxes in the worst recession since world war ii. >> susan roberts in washington, thanks. pope benedict isn't letting a fractured wrist slow him down. in italy yesterday, the pope greeted the faithful and shook hands using his left hand. despite the cast, he even gestured with his right arm. benedict fell and broke his wrist last friday. and coming up this morning on "the early show," we'll continue our remembrance of cbs news anchor walter cronkite. i'm michelle guillen. this is the "cbs morning news." ♪ look at me ♪ see me go ♪ stronger ♪ let it show
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good morning, everybody i am mary near in for don. and here is tim williams in for marty bass. good morning, tim. >> good morning, mary. skies are clear but clouds lynn crease. first warning doppler radar. nothing in the area but i will open this up and show you disturbances from the south that will bring us a chance of showers through this afternoon and pretty much extending through the week. we will tell you about it in the complete first warning forecast. the temperature gets up to 83 degrees with a chance of showers in the afternoon, mary. >> thank you. ambush, that is what city police are saying about two officers shot over the weekend. what we are learning about the shooter today. captured and on tape. the taliban captures a u.s. soldier. hear his heartbreaking plea. traffic problems.
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it is one small step for man ... one giant leap for mankind. >> 40 years ago today man stepped down on the moon. we will be marking the anniversary all morning long today. good morning, everybody. i am mary bubala in for don scott. he will be back a week from today. tim williams is over in the first warning weather center in r
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