good morning. it is thursday, june 7, 2012. welcome to studio 57 at the cbs broadcast center. i'm charlie rose. talks of bailouts abroad and stimulus at home have the markets soaring, but is it enough after a month of lawsuits? plus n a rare interview, jeb bush opens up about the race for the white house, saying he will not join the ticket as mitt romney's running mate. >> i'm not going to do it and i'm not going to be asked and u it's not going to happen. that doesn't mean i don't have a voice. >> i'm erica hill. why are billions of tax dollars sitting in bank accounts, unused and forgotten. we go to capitol hill to find out. i'm gayle king. he spent more than five years in

jail for a crime he did not commit. today he tries out for the nfl. the amazing story of brian banks continue. and we'll meet a north carolina mother who's doing well in the moonshine business. first, as we do every morning, we begin with a look at today's "eye opener," your world in 90 seconds. >> thank you so much. everybody have a eat. you're going to make me blush. >> president obama cashes in on a west coast campaign swing. >> he's expected to raise millions of dollars. >> i could not be prouder of the work we've done on for the lbgt community. >> who else is gay? >> clint eastwood. >> dow and s&p had their single best day for the entire year. >> the dow jones gained 287 points. >> today traders will be listening for ben bernanke's testimony before congress on the nation's economic health. >> the reports of a new massacre

in syria, where the assad dictatorship is out to crush a popular uprising. >> severe storms rolled across the denver area. heavy rain and hail as large as three inches in diameter. >> debris from last year's tsunami in japan, a large dock washed ashore at a beach in oregon. >> space shuttle "enterprise" a arrived by barge. >> a base jumper has set a new world jump record from a leap from the top of the limb lhimal- >> she's on the. >> and all that matters -- >> wrest brook -- >> after trailing 2-0, the thunder are the western conference champs. >> on "cbs this morning." >> hannah montana star miley cyrus is engaged. >> ashe won't wear a vail to wae

we had pentagon. she'll wear the traditional family mull et. welcome back to "cbs this morning" and welcome back. >> thank you, charlie. wall street opens today with investors opening for a repeat of wednesday's big gain. >> the markets had are their best day of 2012 after hearing good news from europe and washington. >> rebecca jarvis has the numbers for us. what happened? >> especially what happened is hope took hold of the markets. there's a hope now in the markets that germany is going to come to spain's rescue as far as their banks are concerned. a lot of spanish banks are in trouble as well as a lot of europe is in trouble. secondly, there's a newfound hope, based off chatter, the fed here is going to come to, at least for now to save the day and to rain down some stimulus, that could, in fact, prop up markets going forward. >> they're waiting to hear from bernanke. what might he say that would give him more encouragement in terms of more stimulus?

>> if ben bernanke says the economy is in bad shape. if he does job growth is not enough. and a lot of his partners have said this, janet yellen, a close ally last night in a speech made the case for more action from the federal reserve, central banks right now around the world are one of the few places that have the ability to inflate economies as well as to inflate stocks. and a lot of the world is waiting to hear, obviously, what ben bernanke will do. the european central bank took a different approach yesterday. their chairman said, we want policymakers to make the choices to actually secure europe for the future and we're going to take a backseat now and say policymaker, it's your turn to act. >> and they're encouraged by some things merkel is saying over there. >> they are. merkel, obviously, germany is one of the strongest economies in europe. germany right now is taking on europe's problems. in order to take them on, and

agree to take them on, germany has to say to spain, portugal, ireland, greece, we're accept the way you behave, we'll accept your spending, and in turn we'll also help you and pay for your banks and your crisis. >> thanks. president obama is waking up in california now, halfway through a two-day fund-raising swing through the golden state. his trip underlines the importance of money in the 2012 campaign. >> can 1k3 also being criticized by republicans saying the president is spending too much time with celebrity democrats. >> reporter: it's true. the president has been no stranger to san francisco and l.a. he spent plenty of time with the wealthy and famous in the entertainment and tech communities, but the campaign tweeted this morning that 98% of their donations in may were less than $250. either way, though, it's all about the money.

president obama got a warm welcome from los angeles gay community last night, a group he considers crucial to his re-election prospects. >> i could not be prouder of the work we've done on behalf of the lbgt community. >> reporter: he ticked off what he's done. >> won the war in iraq, check. >> reporter: warned them about donations matter. >> you'll see hundreds of millions of dollars of negative ads because the other side's not offering anything new. >> reporter: to build a war chest to counter those ads, he's spending two days on the west coast to raise an expected $5 million. he's done nearly double the amount of fund-raisers. with majority of super pac

dollars going to republicans -- >> he's the $200 million man. >> reporter: -- raising money is crucially important for democrats in this election cycle. in the wisconsin recall election, unions spearheaded the effort to unseat governor walker after he successfully limited their power, but the union effort to get out the vote was overcome by republican advantage in money and tv advertising. walker raised $30 million and his challenger tom barrett raised only $4 billion. congressman steve israel, chairman of the democrats campaign committee, warned wisconsin results should be, quote, a wake-up call, that the pcompete with the super pacs.to a legendary political power broker once put it this way -- he said money is the mother's milk of politics. four years ago candidate obama outspent his republican opponent, 2 to 1.

this year no such gap is likely. >> ed rendell knows about politics, who has written a new book with title "a nation of wusses." welcome. >> thank you. >> what do you think about money is mother's bilk of politics. >> and we've been using it ever since. >> this year president obama has had a huge advantage. has that shifted to the republicans? >> sure. and it's not -- i'm not complaining about citizens united because it gave republicans the advantage but it's a terrible decision, one, because it allows for unlimited money, people can spend literally $1 billion on politics if they want. two, the reporting system is very slow. they can't figure out before the election who's giving money to whom. it opens the flood gates. president obama will be fine. there's an old saying in politics, it's not how much the other guy spends, it's how much you spend. >> why are you so certain the

president is going to be fine? >> i'm not saying fine in terms of the result but he'll have enough money to come up with the charges and get has campaign across. he has all the donors, he'll be competitive. >> is this race about even now, or do you think the president gets a little ahead because of those important states? >> i think nationally it's pretty much even, but if you look at the 14, 15 states that will decide the election, i think he's ahead in those states but not necessarily secure anywhere. >> what does he have to do? >> keep talking about the future. i think the independent, undecided voter is going to focus on one thing, who has the best plans to get us out of here. not what governor romney did at bain capital and not even what president obama did -- >> that's what you hope they will say. how do you make sure the public is going to look at this? how do you make sure they're not hurting enough to say, who got

us here? . >> a poll that says two-thirds of american people understand president obama inherited these problems. i think it's a wash. i think voters are looking for a way out. they want to hear, what are you going to do? don't talk about the past. tell me what you're going to do because i'm huring. i may lose my house. my 401(k) is in trouble. my brother lost his job. tell us how you're going to get us back to work. as a loyal democrat, although some don't believe i'm so democrat. >> including the president? >> we ought to start today. >> you supported hillary clinton strongly. do you think we'd be in a different place had she been elected? >> i think she would have come in with a lot more executive experience. health care and stimulus, two bills i think did good things for the american people. too much was left up to congress

pep sort of said, here's my concept, you flesh it out. i think hillary clinton would have sent a bill saying, here's what i want. >> you predicted in your book she's going to run in 2016. >> i think she means it right now but i think we can persuade her. i went up to her and she said, do you think i have stamina to run for president? she said, sure, you look great. i said, we're the exact same age. >> you trapped her. tell me about what happened on p>> number one, money matters. two, unions, they don't have the power they used to have. three, a different election. some people who might have voteded for barrett over walker in a re-election but he said, i don't like recalls. we should only recall a governor who's committed a crime or done something corrupt. i don't want to recall someone

because he made a decision i don't agree with. >> if yuns don't have the power, that's big, in terms of getting out the vote. >> i think they can get out the vote in ohio, for example. people are focusing on wisconsin. but in ohio they repealed that statu statute. in the end people are going to vote for who enunciates the best plan to get us out of here. the debate will be more important than ever this year. >> thanks. >> thank joe scarborough for letting you come over here. >> he was in a bad news this morning. hillary clinton is telling syria's president it's time to go. she is in istanbul this morning and called on president assad to give up power. >> meantime, there are rorlts from syria of yet another massacre. elizabeth palmer reports from damascus and government troops are once again being blamed. >> reporter: the news of this alleged massacre had hardly broken when finger-pointing

began. the syrian national croouncil tells cbs news at least 70 were killed in the town of hama that resembled what happened in houla. that is first regime troops shelled the village and then government-sponsored militia came in with guns and knives and killed the people, in this case 42 women and children. the syrian government has denied all responsibility. it says its soldiered entered the village and discovered the people already dead and the bodies burned in an abandoned building. whatever the truth, this fresh killing is bound to play into the debate today at the united nations when kofi annan will be trying to convince the world that his peace plan for syria is not already dead. for "cbs this morning," elizabeth palmer in damascus. more tough talk from the u.s. in afghanistan where leon

panetta warned pakistan to do more to fight terror groups within its borders. >> we are reaching limits of our patience here. and for that reason, it is extremely important to let pakistan to take action, to prevent this kind of safe haven from taking place. >> pakistan's haqqani network blamed for two terrorist acts. billions of tax dollars are sitting in bank accounts doing absolutely nothing. >> sharyl attkisson is here with an eye-opening congressional report, a story you'll see only on "cbs this morning." good morning. >> this is about a new report called money for nothing and adds up a staggering amount of tax dollars allocated by congress but never spent on its intended purpose. in fact, not spent at all, yet

tied up somewhere in bank accounts. >> reporter: bridges in dire need of repair, homeowners desperately fighting for clo foreclosure, while billions of tax dollars languishing in bank. that's out by a new report called "money for nothing" compiled by thomas coburn. >> they never close out the grant. they never bring the money back. it's just sitting out there in limbo. >> reporter: unspent tax dollars might be good news if it were returned to reduce the debt or deficit, but often the spending laws require the money to be maintained in accounts at taxpayer expense whether it's ever used or not. for example back in 2005 congress earmarked tax dollars for a futuristic magnetic levitation train across the mojave desert, but a series of

technical errors caused delay so they abandoned the project and now $45 million could sit around forever. there are many reasons money goes unused but coburn says one reason congress doesn't fix it is not enough support for either party to claw back the idle money. >> i could write a bill that would get all that money back. the question is, it would never get to the floor. they don't want to fight the political battle of saying, he gaveth and he taketh away. >> reporter: in 2010 congress set aside tax money to help 30,000 unemployed families avoid foreclosure but it ended with $568 million left over. t.a.r.p. mane allocated in 2008 to help homeowners fight foreclosure is still sitting around four years later, $34.6 billion of it. one in four of the nation's bridges is dangerously deficient or object sew let yet $13 billion in fund earmarked for

highway projects sits unspent. democratic congressman warner is also concerned, now pushing for a law called the data act, to give congress a better handle on what's been spent and show in real time when money's sitting around. >> where monies are not spent well, not accountability, we need to either papay down the debt or consolidate them into programs where we get good value for our value. >> reporter: the olympic-sized blunder in atlanta. $2.7 million tax dollars left over for earmark for the olympics, money by law could only be spent on an event that ended more than 15 years ago. >> the government accountability found $1 billion in expired federal grants last year. the office of management and budget says it's reviewing and streamlining its policy guidance on federal grants.

>> thank you. great to see you. time now to show you some of this morning's headlines from around the globe. "the new york times" reports scientists have mapped out the entire dna blueprint of a fetus for the first time using blood and saliva samples from the parents. researchers say it will allow thousands of genetic diseases to be identified before by the way and could also increase abortions for nonmedical reasons. >> "the wall street journal" says nasdaq is apologizing for expensive glitches during last month's facebook ipo. the trouble included stock orders that didn't go through and orders that were not confirmed. nasdaq is offering a $40 million settlement. bankers say, though, that won't even come close to covering their losses. britain's "telegraph" reports children who undergo several head ct scans before the age of 15 triple their risk of developing leukemia or brain tumors. they say they should only be use when absolutely needed.

>> they say linkedin have has passed. 6 million pass words were reported. >> "usa today" reports arlington national cemetery will be the first national site to go b digital. an app will have arlington >> announce: this national weather report sponsored by neutrogena rapid wrinkle repair.

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and brian banks is ready for his nfl tryouts. ten years after the high school football star went to jail for a rape that never happened. we'll hear from the reporter who broke the story on "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by purina. your pet, our passion. l... of america's number-one puppy food brand? with dha and essential nutrients also found in mother's milk. purina puppy chow. it's my turn. mac 'n cheese... mashed potatoes and gravy! mac 'n cheese. mashed potatoes and gravy

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this actually happened on live tv in greece. a right-wing party spokesman slapped a politician in the face. they locked the man in a room, called the police, but he actually, get this, escaped before they got there. welcome back to "cbs this morning." thing are exciting on our show but not that exciting. >> they take their politics serious over there. >> we do, too, but we keep our hands to ours. one member of the bush family generating the most interest is former governor jeb bush. he visited us here in studio 57 to talk about his political plans to the state of the

republican party. i began by asking about comments he should be mitt romney's vice presidential nominee. >> i'm not going to do it and i'm not going to be asked and it's not going to happen. that doesn't mean i don't have a voice. doesn't mean i don't want to enthusiastically support mitt romney. i intend to do that. but i'm not going to be a candidate with him. >> under no circumstances? >> under no circumstances. >> have you made the decision that you don't want to be president? >> i've not made that decision although i think this -- there's a window of opportunity in life for all sorts of reasons. this was probably my time. although i don't know, given kind of what i believe and how i believe it, i'm not sure i would have been successful as a candidate either. these are different times than six years ago when i last ran. >> define the difference between the president and governor romney and what this debate ought to be about.

>> the difference is the role of government in our lives and in creating an environment where we can get back on track economically. that's the driving issues. those two issues of size and scope of government and then how -- the role government plays in creating sustained economic growth. huge difference of opinion on that. i think that's where the campaign plays out. president obama is making a case that economic security trumps everything else and is saying -- i think it's a false choice but he's saying, if we redistribute wealth, more people will benefit through government, receiving, you know, the chance to be secure in their economic livelihood. governor romney's approach is the one that's more traditional in our country which is to say, we need to create a climate of opportunity where people succeed

and fail with government, you know, playing a role and building capacity, playing a role in providing security on a national level, playing a role for infrastructure but not trying to pick winners and losers all the time. that's a big difference. i hope the campaign is not about that and not about peripheral issues because this could be a defining election. this could be something that looks like, you know, 1980, where there was a clear choice and the country went a different direction -- >> reagan versus carter? >> yeah. >> is what you said to an answer to this question in april 2012. what do you think are the best and worst things president obama has done in his first term in office? you:to hire arne duncan. i think they've done a pretty good job in that regard. so here you are saying this president on education has done the right thing.

>> that was a pretty articulate quote. are you sure it was mine in. >> yes, i am. >> i agree with that. i think arne duncan has done a good job and clearly has the unmitigated support of the president. >> and former governor of florida. >> you know, our path -- we have a different approach as it relates to school choice and i think we need to accelerate more provocative reforms. having said that, any time an elected official and the world we're in today that appears so dysfunctional, challenges a core constitue constituency, not of their opponent but own political base, i think we should pause and give them credit. this is the place where president obama has done this. and rather than -- i don't are to play the game of being 100,000% against president obama. i got a long list of things i think he's done wrong. with civility and respect, i will point those out if i'm

asked, but on the things i think he's done a good job on, i'm not going to just say, no, no -- >> let me move to another area and come back to this question. foreign policy. the president of the united states says his foreign policy in part is modeled after the foreign policy of your father. president obama 41. >> i don't think he's add good at it if it's modeled after it. i would argue in some ways by reality kind of seeping into his life as commander in chief that a lot of it's modeled after -- 43. >> -- 43. it would be nice -- a tip of the hat it would would be a nice thing. i think it would be helpful for him politicly. >> the president owes it to -- >> no, he doesn't owe -- >> or should, as a matter of courtesy, ought to say, i have built on and using drones and other things i have done, what

president bush 43 did. >> i think it would help him politically. frachl, when he was gracious at the unveiling of the portrait. no way not to be gracious in that setting, but it helps to -- just a small acknowledgment that the guy that you replaced isn't the source of every problem that -- and the excuse of why you're not being successful. i think it would help him politically. >> you know we're facing a fiscal cliff for a combination of reasons, having to do with bush tax cuts, having to do with raising the debt ceiling, having to do with other issues coming late december and early january. you in testimony before congress said you were okay, as you well know, with $10 of spending cuts for $1 of tax revenue. >> yeah. >> that's a different position than every republican candidate in the primary. >> i know. >> forget what bush did over here. mitt romney and everybody else over here.

>> look, i can appreciate why they are reluctant to say that because commitments on spending are hard to implement. commitments on raising taxes immediately happen. just seems like historically you could have deep distrust that that's the case. so, i can understand the caution in that regard, but if you're asked a hypothetical question, which i was -- >> and which they were. >> they were. >> and only you had the, as they say, courage to say, i wouldn't go there. >> it was living proof i'm not running for anything. i think more than anything else -- >> if they hadn't been running they might have -- >> i hope so. because we have unsustainable deficits. >> i haven't heard governor romney say, i take that position back. i'm prepared to raise taxes -- >> no, no. >> -- if that -- >> this is where it gets dangerous because i didn't say raising taxes. >> you said revenue -- >> well, eliminating ducks.

there's things you could do -- >> but they're not even prepared to go there because grover norquist, which you refused to sign, says that's not the way to go. >> here's what i know to be true. next year or the year after there has to be a grand bargain. we are on an unsustainable course. it is not possible to continue to do what we are going -- what we're doing today. it's just not possible. most people that have looked at our structural deficit problems would admit that. >> is this party more only interested in sort of less taxes, less regulation, and rather than policies that promote growth -- >> well-being i think less taxes and less regulation promote growth. and an immigration policy true to our heritage would do the same. >> are you worried about the direction of your party?

>> i worry it's short-sighted and tonally, because it send the signal, we want your support but you can't join our team. that's the short-term implications of this. latino voters, and hispanic voters will be important but more so going forward. i think it's short-sighted. i think there needs to be more efforts to realize demographics of our country are changing and how we message or views needs to change as well. >> we'll have more of that conversation in our next hour. as governor bush opens up about his family. >> looking forward to more, charlie. a new chapter this morning in the extraordinary story of brian banks. after being wrongfully imprisoned for years, he is finally getting a chance today to make the nfl. you're watching "cbs this morning."

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♪ mobile shot out of denver. for ten years, brian banks lived a nightmare. now he's living a dream. this morning after serving five years in prison for a crime that never happened, this pro football hopeful is getting the second chance of a lifetime. >> randy paige of our los angeles station kcbs-tv broke this story to put the legal wheel in motion to have banks cleared. . >> reporter: we're at se centurylink field where brian banks will try out. he's gone from wearing a track aring device as a sex offender to walking out before a cheering "tonight show" crowd.

this was brian banks last night, telling his story to jay leno on "the tonight show." >> you got exonerated two weeks ago. how are you doing? >> i'm great. on top of the world. this here is too cool for school. >> reporter: ten years ago banks was a high school football star with strong college prospects but when a fellow student falsely accused him of rape, banks was advised to plead no contest, leading to imprisonment and then probation as a registered sex offender. >> no, he did not. >> reporter: but just last year, banks and a private investigator were able to catch the accuser admitting she lied about the assault. >> petition is granted. >> reporter: and that led to banks' exoneration just two weeks ago. banks first thoughts as a free man were not of regret or revenge, but of the game he loved. >> i'd like to give a shot at the nfl. >> reporter: then usc coach pete carroll was looking to recruit banks a decade ago.

now coach of the seattle seahawks, he came calling once again. an opportunity to get a second chance at his dream. i just think he deserves it. >> reporter: banks will get his shot here at the seahawks training facility later today. and there are at least five other nfl teams who want to see him as well. >> it's just been a blessing, a blessing, a dream come true. >> how did you stay positive? >> faith in god. >> reporter: banks insists he's not looking for his 15 minutes of fame. he just wants the chance to prove he still has star power on the football field. >> randy, thank you very much. that's the real question, he want a chance. does he have a chance? >> reporter: that's a very good question. when you talk to nfl coaches, they will say it's going to be a very difficult road. in fact, yesterday pete carroll said that he recognized that it's going to be very difficult for brian to compete at a pro level having never played college ball. but i must tell you, he has been

working every day since october, preparing for this chance. he says he's the strongest he's ever been in his life and an nfl trainer working with him says he's also very impressive. he also point out, charlie, he doesn't have the history of injuries that many college players have, so he feels very confident he can do it on the field. >> a great story. >> randy, thank you. we there has not been a triple

crown winner since 1978. but i'll have another is an overwhelming favorite to make it happen this weekend despite the controversy brewing about the horse and its trainer who faces a suspension for what he allegedly did with horses when cbs continues. the medicare debate continues in washington... ...more talk on social security... ...but washington isn't talking to the american people. [ female announcer ] when it comes to the future of medicare and social security, you've earned the right to know. ♪ ...so what does it mean for you and your family? [ female announcer ] you've earned the facts.

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presidency. he told charlie rose that. john miller talks about the hacking group that infiltrated companies like pay pal, mastercard and visa. and "rock of ages" star paul giamatti will be live in studio 57. remember, you can catch us on facebook, twitter and google plus. we demand k9 advantix ii. it not only kills fleas and ticks, it repels most ticks before they can attach and snack on us. frontline plus kills but doesn't repel. and a tick that isn't repelled or killed may attach and make a meal of us. so let's put our paws down in protest and raise our barks to rally till we all get k9 advantix ii. join us at poochprotest.com. [ male announcer ] ask your veterinarian about k9 advantix ii.

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here now is a recap of the queen's diamond jubilee. take a look at this, boys. ♪ >> hat, hat, boat, boat, hat, hat, boat, boat, hat, hat, hat, boat, boat, bladder infection. this concludes our queen's diamond jubilee recap. >> i'll bet there's a little more to it than that. i bet that looked familiar to you, erica hill. welcome back. >> it did. that probably wouldn't play as well over there as it does here. we get a bit more of a chuckle out of it. >> at a point -- >> a lot of hats, a lot of boats. >> it's fascinating to me -- number one, you did an amazing job, but it looked like you were

having a good time. i was getting jubilee'd out but it looked like you were having fun. >> the mood is as upbeat as it was from the wedding but a much different feel. there everybody was in for a party and a wedding but this time there was a party but national pride. >> homage to the queen. >> yeah. >> you also got in to see the prime minister. very good. >> i did. >> nicely done. i like it when we're all at the table. >> nice to have the family back together. 8:00, welcome back to "cbs this morning," i'm gayle king. >> i'm charlie rose with the aforementioned erica hill. it's been 34 years since a race horse won the triple crown. but could it happen this weekend? >> a lot of fingers crossed. seth doane has the story of this year's contender and his controversial trainer. >> reporter: the horse's name is i'll have another and it will take just another victory here

at new york's belmont park on saturday to win the coveted triple crown. millions will tune in, but few have more riding on him than trainer doug o'neill. he coached this thoroughbred through his last two big wins, at the kentucky derby and the preakness. >> photo finish! i'll have another! >> reporter: this is all about getting your horse to tip-top shape at that very -- at that precise moment. >> it is, it is. it would be easier if you could get your horse in top shape and then run, but they tell you it's going to be on june 9th so bring him and have him in top shape. >> reporter: o'neill is in the spotlight not only for his latest wins, but for a series of past drug offenses and violations involving some is of his other horses. >> doug o'neill has had more than a medication violation in four states. >> reporter: "the new york times" joe drape has written about horse racing for 15 years.

>> we have a trainer, likeable trainer, doug o'neill, as soon as this will be done, is going to seven a 45-day suspension. it's all kind of come together right here. the glory of the industry and the problems of the industry. >> reporter: you've been accused of using these performance-enhancing concoctions which you deny that. >> we know we played by the rules and we have an incredible staff. bottom line, we have an incredible horse. it's all about trying to make history. >> reporter: new york racing officials are requiring all horses competing in the belmont stakes to spend several days leading up to the race in so-called detention barns. they're under 24-hour surveillance to prevent any potential illegal activity. moving your horse and all of the horses into this other barn

right before the race is an effort to create some transparency. has transparency been missing in this? >> i do think, you know, there's been a lot of stuff thrown at our business that it's dirty and it's not fair. i think it's a great way to bat down a lot of those thoughts that i see as not being true. >> reporter: they call this track the big sandy. you can certainly see why. doug o'neill says it's the most demanding surface of the three triple crown races and it's certainly the longest track. this track is a mile and a half long. but trainer doug o'neill says, i'll have another, is ready. >> my job as the trainer is just to make sure i'll have another is under great care and is in the top shape, getting ready for the race. >> reporter: and one way or another, i'll have another will make history this saturday. either as the 12th horse to win or the 12th to try and fail

since the last triple winner affirmed was crowned in 1978. for "cbs this morning," seth doane in new york. >> i'll be watching. >> me, too. i know nothing about horse racing, i've never been, but i'm going to predict i'll have another and don o'neill. i like them both. >> i'm wearing a hat. >> but you're not going to watch it from a boat.& or maybe. >> no. >> magnificent animals. >> gorgeous. >> long and lean. really, really gorgeous.

they call troy ball the moonshine mom. she moved to north carolina for her children's health, she said, and then she really got into, how can we say, the spirit of her new community. lee woodruff has her story coming up next on "cbs this morning." ♪ all righty. oh, oh. you are a little biscuit. i'm carol. uh, we should skedaddle 'cause it's girls' night. so...okay. oh, wow. you got a skinny-dipping scene after the duel, right? well, i -- shh, shh, shh. show. don't tell. [ male announcer ] your favorite movies right when you want them. just a little -- okay. oh, wow. [ male announcer ] watch unlimited tv episodes and movies instantly

through your game console or other devices, all for only 8 bucks a month from netflix. [ carol ] this could turn me into a history buff.

red solo cup, i fill you up ♪ ♪ let's have a party ♪ let's have a party >> it has been 79 years since prohibition ended but the manufacture and sale of whisky is still against the law. >> of course, that's never stopped people from making it in charlie's home state, north carolina. but lee woodruff reports that everything changed there when a woman wanted to get into the business. >> reporter: here in the heart of north carolina's appalachian mountains, the tradition of running moonshine, whisky made under the shine of the moon, was born.

>> it is 500 miles from the sands of daytona beach to the carolina hill country. >> reporter: what local moonshiners like legendary junior johnson learned outrunning the law -- >> this is a raid on a moonshine still -- >> reporter: men like him applied to another all-boy club, auto racing. >> definitely a man's world. >> reporter: troy ball is one of the first women to break into that man's world. and how did it feel for you to join the pack? >> it felt great. >> reporter: troy is the owner/operator of troy & sons. was it easier to cozy up to the moonshiners as a woman? >> definitely easier. they like women. that's a good thing. but it still was difficult because they don't really trust outsiders. >> reporter: troy moved her family to the mountains of western north carolina eight years ago after her two oldest sons were diagnosed with a rare metabolic disorder. >> we brought them here to try to keep them alive. and when you land in the

mountains, get to know the locals, if they like you, they bring you moonshine. >> reporter: jerry rogers was one of those locals. >> nobody else has the patent. >> reporter: jerry ran moonshine back in high school. >> i told you how i done it, i'd have to shoot you. >> reporter: did you ever run moonshine again? you don't have to answer that one, jerry. >> no. >> reporter: but jerry did give troy her first taste of the good stuff. and troy, who hadn't worked outside the home in years. set out to make her own. >> i had to be a full-time mom. that was 24 hours a day. so i had to kind of say, troy, it's okay, you know, your time will come and it will come later in your life. i just knew that by the time i was in my 40s. so, when i ran across this idea of making a great white american spirit, i knew my time had come. >> i couldn't figure for the life of me why she would need 100 pound of corn. >> reporter: john's family has

farmed this same farm in crooked creek, north carolina, for six generations. >> i said, you've got old barns and mill, how about we did test f fermentations out here. he said, lady, i don't want to get arrested. >> reporter: prohibition may have been repealed but to this day it's illegal to still spirits without a license. on she got herself a permit. >> we fill it to about here. >> reporter: at 180 degrees the starches in the corn convert to sugar and become what's known as mash. >> help me open this. >> reporter: the mash and the yeast ferment for five days. >> on the seventh day we make perfect spirits. >> this is 184 proof, which is 92% alcohol. >> wow! >> reporter: troy's husband charlie runs the still. her youngest son, trevor, helps out on the assembly line. doctors warn troy her two old-e sons wouldn't live past 10 years old. they're now 23 and 25.

not one to get left behind, the moonshine runner who inspired bruce springsteen's "ode to cadillac", back in the game with his very own midnight moon. >> lots of people had when they see it are like, moonshine? you offer that? >> reporter: moonshine marguerite tmar marguerite toes, mojitos, the spirit once run out of town now has a seat at the bar. glue like it? >> reporter: i like it. >> cheers. >> lee woodruff joins us. >> beautiful country. >> they all had messages to you. hi, we love the show. it was great. >> what did it taste like, a moonshine -- i have an impression of moonshine being a little -- >> well, i was -- what was interesting is this is very high-end liquor.

i learned there are heads, hearts and tails. in a lot of mass produced stuff you don't take off the heads or the tails, necessarily. you do one. because they do this by hand, they take both end off and you're left with the heart which is smooth, easy, as troy said, no hangover liquor. >> there was an audible reaction when he said 180 proof. i don't know what's a normal proof. when he said that, everybody went whoa. >> all i know is 100 is good so 184 -- i don't know about the proof either. you want that in moderation, i'm thinking, gayle. >> yeah. lee, i'm thinking you know more about the proof than when you started. looked like you were having a good time knocking back a few. >> let me tell you, girlfriend. look what north carolina sent you. troy said, i've got to send this to our man charlie. so, you've got your own whisky. >> thank you, troy. by the way, troy, i do like your accent.

>> yeah. >> i love a southern accent. jerry in your piece said, if i told you how i done it, i'd are to kill you. i like that. >> he was a character. he took us back in his shed but i can't talk about it. >> nicely done. >> don't go anywhere so don't tell us. >> charlie, can you stay for the rest of the hour after -- >> i'll be here. >> i don't know what proof does to you. thank you. john mayer has something to say to taylor swift, but he didn't but it in a song. we'll make that "long story short." you're watching "cbs this morning." >> announcer: this portion of "cbs this morning" sponsored by usaa, proudly serving the financial needs of the military, veterans and their families. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal.

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♪ why you got to be so mean >> that's a taylor swift song. i love taylor swift. we found a few reason to make some "long stories short." you just heard the song "why you got to be so mean" which is what

john mayer is saying to taylor swift. he tell "rolling stone" he was hue minuted by the song "dear john." he called it a cheap song writing when swift talks about playing dark, twisted games. he said it makes him feel terrible, he does not deserve. that could be ironic because some say john kisses and tells. >> i guess if you're going to dish it out, as he allegedly did, have you to take it. the daily news says a young giant football fan broke his piggy bank to help his favorite player. he couldn't understand why brandon jacobs left the giant to sign with san francisco. joe's mom told him it was because of money. so, he sent yea cob $3.36, trying to get him to stay. jacob said he almost cried and he's going to visit joe and repay him. the l.a. times says twitter is flipping it's bird logo. the redesigned bird, by the

way's name is larry, is centered and upward. see, even larry wants to be slimmer. don't we all? next one is for you, charlie rose. "usa today" tells us about a dog who waited two whole days at a truck stop for his dad. the 9-month-old yorkie named rambo jumped out of the truck in missouri, but his doggy dad didn't notice until he was 170 miles away. he called police. they found rambo waiting patiently right where he had been left. man and dog were happily reunited. >> you think, why did he wait so long but he thought he was in the backseat. kmg, a fractured fairytale. april and her boyfriend went to disney world sunday dressed as peter pan characters. they were tinker bell and peter

pan. but when they tried to visit disney's animal kingdom they were told to change because rules say you cannot dress up as a disney character. >> they were talking about how little girls, it ruins their dreams but it ruined my dream because i -- >> disney gave april clothes to wear instead of her costume. she and her family also got fastpass tickets that let them skip the lines. i know you shouldn't cry at people's pain but i'm curious, how old is april? >> older than i originally thought when i read the story. >> and her boyfriend? okay. >> peter pan -- >> they did get to go. disney gave them the clothes and they're okay. >> note to self, don't dress up next time we go to disney. jeb bush is talking about brotherly love and why he thinks his dad is the perfect man. part two of charlie's interview. you'll see it only on "cbs this morning."

that's just ahead. right now, your local news is up next. [ male announcer ] this was how my day began. a little bird told me about a band... ♪ an old man shared some fish stories... ♪ oooh, my turn. ♪ she was in paris, but we talked for hours... everyone else buzzed about the band. there's a wireless mind inside all of us.

so, where to next? ♪

senator obama laid out the standards in expressed -- ♪ >> we all recognize that ring. don't you hate when it happens? it can happen to anyone. senator grassley's cell phone started ringing as he was speaking on the senate floor.

no matter how fast you try be you still can't get it off. >> feels like an eternity. >> we want to show you our conversation with florida governor jeb bush. we spoke -- he spoke candidly about being the son of a president and the brother of a president and asked him what he bloo believed would be george w. bush's legacy will be. >> i think my brother will be admired for his determination and fortitude. i noticed because when i was governor people said, you're a stubborn s.o.b., you know, and i probably was. but there's a fine -- >> did you say, runs in the family? >> no. just in the case of my brother. but there's a fine line between stubbornness and the positive side of that, which is dogged determination. and i think what people will begin to see is that he wasn't stubborn. he was totally determined and principled about it. in the country was safer because of it. that will be the positive legacy >> and the negative possibility? >> the negative possibility i

think relates to this whole conversation about the deficits and debt and spending. i mean, for me -- >> wars cost a lot. >> they do. the inability to convince congress to not try to -- you know, not to -- basically, there was very little prioritization. the legislature of the congress spent a lot of money and under republicans and democrats that happened. >> how are you two different? >> george and myself? >> yes. >> he's older, much older. he's probably a lot more disciplined. >> really? >> yeah. disciplined physically. he's in much better shape. disciplined mentally. >> really? >> yeah. i think he's incredibly disciplined. to take the beating he took and to stay on course, i admire tremendously. i probably would have lost my temper. i think a lot of people would are lost their temper. >> who's more like your mother, you or him? >> he's more like my mother, i think. >> and what does that mean, he's

more like my mother? >> well, i have some mother-like qualities that have come out in the past week about some of these issues, i guess, being able to speak your mind about worrying too much about things. that seemed to be mom's trait in public life. >> how are you like your father? >> i hope i'm half as good as my father in every way. i mean, he's my hero, so i don't even aspire to coming close to him. i don't know how -- gl he's your hero? >> total hero. i've never met a man as near perfect as george h.w. bush. >> what makes him that way? >> he's strong but gentle. he's kind in a way you don't see often. put aside public life, which is not a real kind business. he treats everybody with incredible decency and respect. he's honest and has unimpeachable integrity and a guy of great courage and great

humor and great love. >> how is his health today? >> it's good. mentally it's -- he's slower. he can't walk. he has to -- you know, he's held up by a stroller. so, that's hard for a guy that's been on vital and vigorous in life, you know. but he's a joy to be with. sends occasional mail which i get and love. >> did he take the role of advice at all to president bush 43 when he was going through the worse of the iraq invasion and all that that debate became? >> i think -- as an adviser like, you know, here's the three-point -- >> a father who said, son, this is what i think and i love you most of all, but here is the benefit of the only other person who's gone to war with -- other than -- >> it wouldn't be like, here are the three point you ought to do. >> what would it be? >> it would be more like a father and a son. they have an incredible

relatioship. a very close relationship. and it's like a father to a son. it's not like a policy adviser to a president. >> but the father -- >> but in continual contact. it wasn't once in a while. my guess is my brother would call his mom and his dad pretty regularly. a lot more than i probably did. i apoll guys. >> my thanks to governor jeb bush. you can see our entire conversation tonight on cbs one other with the son of a president and brother of a president. >> he clearly loved and respects his family. that's so nice to see and hear. >> it is really. i value the notion of friendship and family. that's clearly one thing that goes beyond politics and goes beyond, you know, policy. it is what it is that binds people together. >> it's a great interview. it's interesting, too, where he says maybe he's becoming a little more like his mother

because he's able to speak his mind a little more. >> i think that's -- two things that come out of it as a headline. number one, the father was in contact. whatever the line is between being a good father and giving you advice, it's not policy but it is experience and wisdom. the other thing is how clearly he distinguished himself from all the republican candidates in terms of being able to seek out what he called a grand bargain. that's the only way out of the economic fiscal -- >> that has to happen. >> do you think he wishes now he would have gotten in? i wonder if he's sitting looking, i should have done it. i should have done it. >> i don't think so. he interestingly said, i may have missed my moment. that happens in politics, as barack obama taught us, you have to go when you have an opportunity. >> we shall see. when we come back, online activists are taking on everyone from pay pal to the cia.

we don't know them. they prefer to be anonymous, if you will. first, let's take one more check of your local weather.

♪ who are you ♪ who who who on wednesday the internet hackers known as anonymous announced they hacked the telecom company in india. they accused the company of censorsh censorship. >> this is one of many hacktvists. author parmy olson and john miller are with us. who is drawn to this? who are the people that make up anonymous. >> there's a wide range of people with a wide range of motivations. anonymous is kind of spun out of

a culture of trolling on the internet, messing with people, pranking people for fun. in the last few years it's taken on a more serious approach with activism or hacked vichl. they enjoy getting involved in online pranks and stunts and people that want to make a difference in the world, sociopolitical cause can often be attached to the stunt they pull off. >> does this have national security implications when you think about wikileaks? >> it certainly does. wikileak was the single most significant breach of national security information in the history of this country in terms of volume. and it wasn't done by a foreign intelligence agency. it was done by the groups that this book is about for social reasons, political reasons. >> you talk, parmy, they want to make a difference politically and socially but they also admit, william in particular, sometimes they just like messing

with people, destroy people's lives, turning things upside down. >> william, one of the key interviewees in the bock, said it's a way to waste the night. talking about it with his friend on an image board. this speaks to the real split in anonymous. some want it to go in a serious direction and others thing it would go back to the roots, fun at other people's expense. this culture, which i found fascinating and started writing the bock, there's its own set of rules and etiquette and people's morals and cons in the world get warped because they become quite different online how they are in real life. anonymous you get justification and purpose. >> to me you use the word he etiquette, seems they have no rules, they do what they do with no consequences. that's what's so frightening.

>> the rules is anything goes. banter. from that also comes a very profound kind of social acceptance. people find fortune, the website this comes from partially, because they were googling something they wouldn't want to tell their friend about, weird, sexu sexual, and they can talk about that because they are anonymous. there's something attractive about that. when people are aanonymous, there's camaraderie, euphoria when they carry out a stunt and get media attention. >> what can you do to protect yourself? >> i think it's just the basic thing. if you're an individual, you want a different password for every web account, facebook, linkedin, keep it long, several words, strong lyrics. and companies and government agencies just need to make sure their networks are as protected as they can be.

anonymous, one thing i found out from writing this book, it's not the calculating group people think it is. it's lots of little groups taking advantage of people out there. >> one thing i found curious was the lack of unity within the group and political splits. how does that work in anonymous? >> as you can probably imagine, good point, there's a lot of conflict between the various groups within the community, which is why it's not really a group. it's more like a community or a movement. >> it's anonymous, not you nan mouse. >> very good. >> you were able to get some amazing interviews with people involved. how did you know they were telling you the truth? >> a lot of times they weren't. i just have a lot of people trolling me, particularly in the beginning, and so it was just a matter of trying to find the people who i could deem most trustworthy. that's why i tried to meet them

face to face and then you build up that relationship and they decide they don't want to lie to you anymore. >> parmy olson, and john miller, thank you very much. we're anonymous is on sale now. >> when you say the word, i'm thinking it's a sentence. but that's the title of your book "we are anonymous." paul giamatti has played everything from a bellboy to president of the united states. he's popular and we've got him this morning, even though he says he doesn't think he's all that interesting. we'll be the judge of that. he joins us at the table.

let me ask you something, what do keith richards, stacy jackson all have in common?

broken hearts and very, very long careers. now, you want love? go after it. you might even find it. but i can guarantee you something much more rare and a lot more fun, man. >> what is that? >> fame. >> emmy and golden globe winner paul giamatti plays a shady manager in the star-studded new movie "rock of ages" adapted from the hit broadway musical. >> movie fans remember him from "planet of the aprils," "sideways" and "cinderella man." paul, may i just say, you play a sleazy manager and you do it so well. >> that's right. that's why i'm hired. i got hired to play a sleaze ball. >> you look at that tape and say, oh -- >> very good wig.

>> a very interesting look. the thing about "rock of ages," lots of singing, the music is great. who knew paul giamatti could sing. >> i do very little. >> but you do sing. >> that counts. >> thank you. pi loved doing it, it was great. i can carry a tune. >> i know you can. the cast was also amazing. the music was aanywaysing. what drew you to the part other than skeezy and sleazy -- >> and i like those crazy musicals on film like that. it's nutty. it's like an action movie, making one of those things. i knew it would be fun. i got this thing and the director is a really fun guy, who i knew. you know -- >> had you seen the show? >> no, i didn't. no, no, no, no. my character isn't in the show so i didn't bother. i don't do that kind of thing. no, i don't do that kind of thing. i hope people like the musovie. >> do you like '80s music? >> i'm okay with it. >> enthusiastic. that would be a no.

>> i like the clash and stuff like that more. the punky stuff when i was -- >> that's one of the things that i loved about the music in the movie is what i like so much because it brought back so many memories. i think it would be a hoot to do. >> totally, super emotional music. i sing that whitesnake song. i had no idea who sang it or anything. >> you want to give a version? >> i'm sitting here thinking, i don't even remember what the hell i sang. >> "here we go again." ♪ here we go again that's it. that's all i'm doing. wow, you looked -- >> full clodisclosure here, my sister and i were really into hair bands. >> hair bands? good stuff. >> i was kidding you about playing a shady character but you play a lot of shady characters in your career. i'm not saying that's a favorite role for you, but are there other things you really enjoy playing? i mean that seriously. you do it well but you're such

an accomplished actor -- >> somehow whatever i play end up being sleazy. somehow i make them sleazy. i did that -- i played the president in john adams miniseries. >> that was phenomenal. >> he wasn't nutty. i didn't play a great president, a played a completely nutty, great president. i like playing weird, shady people. >> why? >> it's more interesting. it's just a lot more interesting. i mean, i'm not going to play the hero of something. i'm just not. so i think -- but they're more complicated, that's all. more interesting. >> have you lost some weight? >> i did lose some weight, yes. >> for a part or just because you wanted to be thin? >> because i wanted to be thin. >> good reason. >> i was getting a little large. i'm getting older, so -- >> i'm on jenny craig. how did you do it? >> i did it by not eating as much crap. >> that will do it every time. >> that's the hardest part. >> push away g to the gym will do it every time. >> that's all i did, yes.

>> do you work aull the time? >> i work a lot, yes. >> it seems to me you are totally in demand and i go from one role to the other. >> yeah, which is good. it's good. and i like to work. i'm a bit of a workaholic. i like to work. i don't like to be idle. >> you're heading back to the stage. so you went -- you grew up in new haven. you're going to yale and doing ham let. >> yes, next year. >> does every actor want to? >> i -- it never occurred to me to do ham let. i mean, another shakespeare thing i thought i would do before ever doing hamlet. >> how did this occur? >> they came to me and said, do you want to play hamlet? it never occurred to me. >> how do you feel? >> i'm terrified. >> are you? >> completely terrified. i haven't done shakespeare in a long time. >> would you watch the great -- >> i don't want to watch anything about it because i don't want to have anything in my head about it. >> is it terrifying because so

many people know the play and the part? >> everybody knows the play. everybody knows the part. and it's gigantic. i mean, that stuff takes incredible energy. he never stops talking. that stuff takes a lot of energy. >> and everybody has their own interpretation. >> right. and have you to have a take. i don't know what the hell my take is going to be. >> you better be good. >> identify got some time. >> but you better be good. >> i didn't know this, he was barth giamatti's son, president of yale. >> oh, yes. >> i interviewed your dad a couple -- did you know that, erica? >> yes. >> i did not know that. whenever you hear somebody went to yale, you think, they're good, whatever they do, they're good. >> whatever they do, it's good. >> i'm pulling for you when you go. >> thank you. >> did he live to see you become -- >> no, he died before. he never really sa saw me. >> as an accomplished actor? >> no, he never saw me act

really. >> great to have you. continued success to you. "rock of ages" opens in mashed potatoes and gravy. it's my turn... it's my turn. mac 'n cheese... mashed potatoes and gravy! mac 'n cheese.

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