at 4:25. good morning. it is thursday, june 28th, 2012. welcome to studio 57 at the cbs broadcast center. i'm charlie rose. the supreme court is ready to make history deciding if president obama's health care law is constitutional. we will show you what is at stake for nearly every single american. >> i'm erica hill. a massive wildfire in colorado doubles in size and burns out of control threatening tens of thousandses. and the fda okays the first new diet drug in 13 years. could it help you? >> i'm gayle king. the u.s. importing no oil from the middle east? it could be closer than you think and worth it? why london is spending twice as much as it originally can to put

on the summer olympics. >> as we do every morning, we begin with a look at today's eye opener. your world in 90 seconds. captioning funded by cbs the house will move. >> the white house braces. for the supreme court's health care ruling. >> is president obama's reform on the nation's health care constitutional? >> it's a momentous decision that could impact the presidential election. >> my guess they are not sleeping real well at the white house tonight. that's the way it ought to be. yeah, yeah. i've never seen anything like this. i can't stop shaking! oh, my god! >> entire colorado neighborhoods go up in flames. >> the fbi says it is investigating just how that fire started. >> to think that all of that beauty is gone is so heart-wrenching! >> the house is expected to vote today on a contempt of congress

resolution against attorney general eric holder. >> as early as august, some people particularly inside the justice department knew we rely to and continued with that cover-up. >> 70-year-old jim wilson, his old pickup truck, caught fire so governor romney gave wilson a brand-new set of wheels. >> a u.p.s. delivery truck ends up in the middle of biscayne bay. >> get a taste of these girls yelling for you. >> groupies. >> all that? >> it's nice to have an audience. >> he makes the catch! leaping grab! he is way over the wall! >> and all that matters. >> researchers have created a robot that always wins at rock, paper, scissors. >> this is real quality! >> on "cbs this morning." >> new survey shows 65% of americans think president obama could handle an alien invasion better than mitt romney. >> of course, they said obama. i'm pretty sure he's a vulcan.

the stakes could hardly be higher an the supreme court is planning to rule on obama's health care law. >> the november election. >> we begin this morning at the supreme court with jan crawford. jan, what exactly is the support -- the supreme court asked being to decide? >> joo charlie, a hugely complicated case and affect the lives of all americans. but what is at stake here, the ball game. the main issue that everyone is focused is one part of this law. the requirement that all americans from birth until death have to have insurance or pay a penalty. that's a so-called individual mandate that you've been hearing so much about and if the court strikes that down, then they

have got to figure out what to do with the rest of this massive 2,700 page law. >> so what do we know this morning? anything coming out of supreme court? >> reporter: no. we know nothing. the supreme court is one of the only places in this town, charlie, that doesn't leak. i mean, look at it. it is closed tight and we are not going to know until the justices take a seat at 10:00 and begin to announce these decisions. . the president doesn't know and the congress doesn't know but it doesn't stop people from getting ready and washington is gripped with this decision and speculation is running rampant. here is romney talking about it. listen to this. >> my guess they are not sleeping real well at the white house tonight. that's the way it ought to be, right? yeah, yeah. and this is a decision, by the way, about whether or not obama care is constitutional, whether it passes constitutional mustard. and so we are all waiting to see

how the court will decide. one thing we already know, however, we already know it's bad policy and it's got to go. >> reporter: now, after these arguments back in march, opponents of this law were optimistic. they believe that they may have five votes, a majority in the supreme court to strike down that mandate which could then overturn the entire law but i've got to tell you, in the week, the tea leaves of this case have not been looking good for the opponent. they feel somewhat anxious but not the tea leaves that will decide, charlie, it is the law. we will find out shortly after 10:00. >> nine men and women. jan, thank you so much. >> we want to bring in norah o'donnell who is now at the white house. what are you hearing this morning from the president's advisers? >> brave faces from the president's advisers who remain confident that supreme court will uphold this land mark health care legislation. the president and the vice president will be together in the oval office when they learn about what the supreme court rules. as jan pointed out, nobody

knows. the supreme court doesn't leak. the president and vice president, believe it or not will find out the same way i do can is on tv or cbsnews.com or on the radio. the president is a constitutional law professor. he has paid close attention to this not only reading the opinions but listening to them on tape. i'm told after he listened to those arguments, he told advisers privately that he would be very surprised if the supreme court overturned this rule. we will see. either way, we are expecting the president to address the nation after the supreme court rule. >> either way, obviously, for both sides this has major political ramifications. >> reporter: huge political ramifications. this is the president's signature piece of his lech legislature of his first term. insurances can no longer discriminate those with

preexisting conditions. as jan just pointed out, mitt romney said yesterday and all during this campaign he would repeal obama care on day one if this is upheld. you heard in congress say they are working to repeal bits and pieces of it until the whole thing is gone. >> nancy cordes is on capitol hill this morning. what are members of congress doing, nancy, in'ing this and how are they preparing? >> well, charlie, republicans and democrats have been honing their messages for weeks. what exactly are they going to say if it's upheld? what are they going to say if it's struck down? in fact, all 200 plus house republicans with going into a closed door meeting as soon as this decision comes down to pore over it and discuss exactly how they want to react to it. one thing neither side has been doing is crafting legislation to replace this law if some or all that's because democrats continue to insist that it will be upheld and because republicans say they want to move slowly and won't introduce any new legislation until after

the november election. >> reporter: it sounds like unlikely to find any common ground? >> reporter: that's right. common ground completely eluded them two years ago when they first tackled this issue. nobody is going to be in a mood to compromise this time, although, charlie, frankly, they may have to. if the individual mandate gets struck down and some of the perks in the law remains, economists have predicted that premiums could skyrocket and quickly so congress may be forced to deal with this issue between now and the elections if they want to prevent the premiums from going up. >> cbs news will have up to to the minute coverage throughout the day for you including a special report with scott pelley the moment the supreme court releases its ruling on health care and expected to happen shortly after 10:00 a.m. eastern time and we will bring that to you and complete coverage on cbsnews.com. this morning, thousands of people in colorado springs are waking up again in shelters and evacuation centers. they are being kept away from their homes by a furious wildfire in colorado's second

largest city, home of the air force academy. >> the fire has burned now more than 2,900 square miles. officials say the flames are so intense, the smoke so thick, they are not been able to fully assess the damage. barry petersen is in colorado springs. good morning. >> reporter: good morning. we are here on the air force academy grounds. no damage but they did move 550 cadets out of an area they were nervous about. today, however, a thousand new cadets, the freshmen class shows up as usual because that is a different part of the econoacad. as for the fire, still only about 5% contained. >> oh, my gosh! it's all the way down the hill, dude! look at this! we got to go! >> reporter: home video captured the fury of the waldo canyon fire as it swept down on homes in suburban colorado springs. >> i've never seen anything like this. i can't stop shaking. >> reporter: nearly a thousand firefighters struggled to contain the blaze overnight after it doubled in size

wednesday and even forced the closure of the air force academy. high erratic winds sometimes hitting 50 miles an hour for making the battle, that much harder. >> wind is a big factor in how we do this fire and it's one of the reasons that it's difficult to fight. >> reporter: an aerial photo taken wednesday appears to show as many as 300 thoms burned to the ground in just one neighborhood. at the heart of the evacuation area, theology students at the holy cross novitiate saw the fire from a puff of smoke to something they had to run away from. >> we watched the flames actually breach the hill and, at that point we kind of figured it would be time to head out. >> reporter: ryan pietrocarlo is a native new yorker who got his first taste of what a colorado wildfire is like. scary? >> oh, serm. yeah, just to see the sheer power of it and how unpredictable it is too and how fast it can move and the sheer force of the destruction it has. >> reporter: just west of boulder, another fire is burning

near city limits and firefighters are still trying to fully contain the hyde park fire near foertrt collins near denve. but now the fire in colorado springs is proving the hardest of them all. firefighters are working to set up perimeter lines and crews are racing to prevent burning homes from igniting nearby undamaged homes. >> i want you to know that this is a very offensive system we are taking attack on. we're fighting these fires very, very, very aggressivively. >> reporter: no word on what started the fire. this fire will get president obama's personal attention. he is coming here tomorrow to tour burned out areas and thank firefighters and probably offer some very badly needed federal aid. >> barry, what is the focus of the firefighters today? >> reporter: charlie, the winds

have died down, they are calm now. if it stays that way, it means firefighters will have a chance to beat this blaze back from areas where homes are being threatened. >> barry petersen, thank you so much. the newest casualty of the madoff investment scam is his brother. court documents say peter madoff will pleat guilty tomorrow. rebecca jarvis is with us. >> reporter: when peter madoff was the chief compliance officer at the girm behind the largest ponzi scheme in history and now he has worked out a deal with prosecutors and, tomorrow, he will plead guilty to conspiracy to commit securities fraud and falsifying records. but a law enforcement source familiar with the case tells cbs news this does not mean that peter madoff is pleading guilty to participation in his brother's ponzi scheme. in this deal, peter madoff will tale to forfeit 143 billion dollars, including all of his property, and serve a ten-year

prison sentence. the number that has everyone scratching their heads involves the money. $143 billion. now, this is for a ponzi scheme that swindled $50 billion from investors. peter madoff doesn't have $143 billion to forfeit and the & amount has nothing to do with his wealth. the figure represents all of the money that bernie madoff's firm handled after peter joined the conspiracy. it is a massive sum, especially when you consider that the world's richest man, carlos slim, is worth $69 billion. some analysts say it's another bizarre piece of an unprecedented case of bernie madoff pretty much sentence of 150 years and it is also intended to make up for peter madoff's light sentence of ten years. make no mistake this isn't the end of the madoff saga. sources close to the situation tell cbs news other members of the madoff family could take the next fall, including bernie's son andrew and peter's daughter

who face civil lawsuits alleging they used the investment business as a, quote, family piggy bank. so far, they have denied all and any wrongdoing. >> rebecca jarvis, thank you. on capitol hill today, house lawmakers including some democrats are expected to hold attorney general eric holder in contempt of congress. >> that's because holder refuse to turn over some documents related to the "fast and furious" gun running operation. sharyl attkisson who first broke the story is in washington. if this passes today, what happens next for the attorney general? >> reporter: the question becomes how it would be enforced. this is all about congress still wanting tens of thousands of pages of documents on the scandal. most people think it's unlikely they will attempt the criminal route to enforce which would mean basically, attorney general eric holder's own staff would have to agree to prosecute him if he doesn't hand over the documents but another option congress could ask a federal

court to enforce its subpoena. it has happened before and a court agreed in a different case and before that case could go to appeal the two sides compromised and some documents were exchanged. a few interesting developments today. a handful of democrats are expected to vote with republicans in favor of contempt. national rifle association is putting a lot of pressure on and some democrats, of course, have a strong gun rights force in their that is why. a lockout during the vote and most democrats are expected to join in. we will be watching the political theater. >> sharyl attkisson, thank you. this morning some startling new projections showing just how america may be turning around its dependence on foreign oil. the government predicts that by 2035 the u.s. will import just 36% of the oil it consumes. now, that would be down from 60% in 2005. >> even more surprising is the prediction from opec.

oil export from the middle east to north america could, quote, be almost nonexistent by 2035. with us now pulitzer prize winning steve coll is the author of au"private empire: exxon mol and american power." welcome. >> thank you. >> why is this possible? >> production is increasing in the united states and cars are getting more efficient. partly by government demand and partly by innovation in detroit. >> what about natural gas? >> it's rising as a source of power generation in the united states because of our onshore supplies of natural gas are projected to be good enough for a century and affects the transportation industry less directly but might lead to changes the way we drive trucks and buses and large fleets. >> if all this happened, 25 years from now, we will not need oil from the middle east? >> we might not, but would we really be safe from turmoil in the middle east is a question worth considering.

somebody still going to be buying that middle east oil and we're still going to the want free shipping around the world. >> the world is an interdependent? >> very connected and the oil industry is a global market. >> are you saying it's wise for the u.s. to continue some bit of dependence on middle east oil? there are enormous economic benefits to us mostly in the trade balance. last year, more than half of our trade imbalance was a result of oil imports. it will be good for our economy. i think some of the national security benefits are probably oversold. >> oversold? when you look at the national security benefits, they are oversold because as you suggest there could still be a disruption in oil and it could have concentric circles of impact? >> that's right. we are price takers. the global oil prices set on a global basis and if there is turmoil in the middle east and prices go up and even if we are producing our own oil, we are still going to have to pay more for it. >> your book is about exxon.

the ceo of exxon said energy independence is being overstated because even with all of the turmoil in the middle east, there has not been a shortage in oil from the region. >> that's right. i think part of exxonmobil's planning for these kinds of disruptions led them to believe the chances of a war deprive the united states of access to physical oil supplies are so small we shouldn't overprepare for it. but as we were talking about before, it's also the case that the world is so interdependent that isolating yourself physically from the global energy economy is just impossible. >> steve, thank you. >> thank you, charlie. "private empire: exxon mobil and american power" is on sale now. "the new york times" reports after several years of false hope the housing market is starting to recover. analysts say prices are rising and sales are increasing but the recovery will probably be slow. the star ledger in newark, new jersey saying eight

screeners at the airport were fired for sleeping on the job and failed to follow tsa guidelines for screening packed bags. a new way to save lives injectable oxygen. a study out this week, say doctors can use it to quickly deliver oxygen to the bloodstream buying critical time for patients after heart attacks and brain injuries. britain daily mail said it found trace amounts of alcohol in pepsi and trace amounts in the leading soft drink which a concern who don't drink alcoh

announcer: this portion of "cbs this morning" sponsored by sponsored by beauty rest. living life fully charged. cost overruns lead britain's summer olympics billions of dollars overbudget. we go to london to find out why it costs so much to bring a

world of athletes to your front door. a new multimillion dollar helicopter joins the fight against terrorism in new york city. >> we are looking at the critical infrastructure of new york city and is there anything out of place or suspicious or anything we didn't see the day before now has changed and require a investigation. >> we will take you on a ride and show you how the high tech chopper is keeping this city safe only on "cbs this morning." announcer: this portion of "cbs this morning" sponsored by stanley steamer. beyond carpet cleaning!

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the tennis players over the last two or three decades, they have developed this where the uw! every time they -- ugh! it doesn't bother me but people are complaining about it and it's happening in every sport. it's epidemic, do you know what i'm talking about? well, look at this. watch. everybody does it now. >> ugh! >> this is like your golf game, right, charlie? >> yes, indeed. welcome back to "cbs this morning." london summer olympics begin in less than a month but there are already problems, especially when it comes to the budget. in fact, these games are on track to be the most overbudget olympics since atlanta in 1996. >> a new study finds the event

is likely to cost more than twice the original estimate ending up billions of dollars over budget. as mark phillips reports, it's all part of the game. >> reporter: it seems there's a trick to putting together a winning olympic bids. >> the game of the 30th olympics is awarded to london. >> reporter: the london bid that beat out new york and paris did so, at least in part, because it promised value for money. and after the extravagance of the beijing games, london promised in 2005 to deliver a more measured approach, a games that would cost under $4 billion. a bargain. too good a bargain t turned out. within two years, the london organizers had already admitted the games would cost about four times as much. about $15 billion once taxes and security costs were included.

and lately claimed they are under budget. >> it's on time, on budget. all of the building is being done. >> reporter: not so fast. >> most important -- most important of all -- >> i'm thinking that they are spinning the information about the olympics and that is understandable. that's what politicians do and they want to look good. >> reporter: professor luke is one of the authors of a study on olympic spending has concluded the london games are currently with adjustments for inflation, et cetera, 101% over their original budget, in other words, they have cost twice as much as promised. >> it doesn't look good to have the 101% cost overrun. >> reporter: and london is not unique. just about all olympic games run way over budget. to pick just a few, atlanta in 1996 was 147 prgs over its

original costing. sydney in 2000 was 90% over. montreal in 1976 was spectacular 796% over budget. in the past 50 years, the olympics have run an average of 170% over their original costing estimates. four times the cost. twice the cost. hidden costs. arguing over the cost of the games has become an olympic sport on its own, one the poor put upon taxpayer of the host city never seems to win. >> there's something about the olympics and we think it's the effect that you basically, writing a blank check. >> i declare open the olympic games of los angeles. >> reporter: one exception to the rule was los angeles in 1984, which largely used existing facilities and financed the games out of corporate sponsorships and sky high tv rights. but the more common example is athens in 2004, whose facilities

are now decaying and whose cost overrun of 60% was a major contributor to greece's current financial woes. the people behind the losing new york bid are feeling pretty smug. >> the olympics are a great sporting event but they don't work in cities that already are on the world's map. >> reporter: and they don't work for the advertised price. for "cbs this morning," i'm mark phillips in london. >> it's always a question, isn't it? >> it is. just how much, you mean is the question? >> yes, exactly. >> the number in montreal, 796% overbudget. >> they spent a long time getting over that. >> have they arrived there yet? the latest anti-terrorism tool for new york city. a high tech helicopter that police say is designed to keep us safe from a nuclear bomb. john miller got an inside look at this $10 million machine. the most advanced weapon in new york's anti-terror arsenal and it's only on "cbs this morning."

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♪ new york city has ab tacked by terrorists in the air and on land in the past 20 years, and still considered the number one terror target in america. >> one of the biggest potential threats is an attack by sea. senior correspondent john miller, former deputy director of national intelligence, got a close-up look at the newest tool designed to protect new york. >> reporter: as the bell 412 helicopter approached an air field in a remote corner of brooklyn, everyone came out of the police department's hangar to see it land. the brand-new 10 million dollar chopper was being delivered from the factory in tennessee. it is loaded with $4 million worth of high tech equipment and part of its job is to keep a nuclear bomb out of new york

city. >> we will take it low and slow over all of the containers. >> reporter: the new multimillion dollar nypd chopper is equipped with a new radiation detection system is to sensitive it can fly over a cargo tanker ship and detect a radiation signature from an altitude of 200 feet. what are the capabilities from the sky that you focused on that would actually allow you to detect something further out? >> well, the nice thing about the aerial capability is, one, you're more mobile, you can hit more different areas and hit it faster. we have done some research and we have looked at kind of best of class and i think we have come up with a very robust system that has a very large sensor rate. >> give us a good picture if there is any kind of radiation. >> reporter: it is the very latest tool in new york city's counterterrorism arsenal and another sign of how critical helicopters have become in the

counterterrorism operations for the nation's largest police department. >> looking at the critical infrastructure of new york city, anything out of place and anything suspicious and anything we didn't see the day before that now has changed? and will require an investigation. >> reporter: normal police helicopter patrol might focus on areas looking for glars on a rooftop but the counterterrorism patrol executed several times a day by the nypd takes them off the beaten path. >> there is something in particular you're looking for that would set something off? >> small boat that shouldn't be there, maybe with unusual activity, numerous people messing around with something they shouldn't. we got a few pipelines we also check. >> reporter: every day they also control the buckeye pipeline. each day, 10 million gallon of fuel travel through the

pipeline. in 2007, three men were charged and later convicted in a terrorist plot to blow up the pipeline. the mission has changed rapidly. and we now are 360 degrees and aviation is being used more as a force multiplier. not just for patrol but counterterrorism and the detective bureau. >> reporter: yet, with all of the thoughts of armageddon, nuclear attack, crashing the city's power grid, and blowing up fuel lines, we hadn't gotten far from the base when a water rescue call came in. the pilots pushed the throttle. the divers that ride on board suited up. >> i got a little overwhelmed at something like that. >> it was a wind surfer, blown too far from shore and couldn't get back. within seconds, coast guard and nypd harbor units were there to fish the man out. so aviation 14 went back to its counterterrorism mission, looking for bigger fish.

>> john miller is with us now. how does the new york police department see the threat? face? >> well, when you're talking about a tool like this, you wonder how realistic are those threats? if you look at the material that was found in abbottabad and only personal notes he wanted to see go forward plots. small planes was one filled with explosives and crash into buildings and the other was small boats filled with explosives. crashing oil tanker to drive up gas prices. the third was tampering with railroad tracks to cause train derailments. when you look at this type of patrol, where are you going to be over the boats monitoring the traffic and where you look at the other small planes and where you get that view of the railroad tracks and this is kind of what this was designed for. aside from its high tech capability to detect nuclear and radiation. >> it's not cheap, $14 million. >> not cheap. >> in a time like this, where does all of that money come from? >> luckily for new york city,

because this is mainly focused on detecting radiation and, you know, a nuclear threat from the port and port security, most of the money for this helicopter came from the federal government for port security funding. >> actually good and bad when say it that way. luckily for new york city but a lot of people are going, wait a minute. >> well, i mean, let me just argue the point. you take the ports of new york or l.a., if one of those shut down, the ripple effect to our economy and the global economy is felt immediately. we have learned that when they have gone on strike so protecting either one of those places from a terrorist hit is really economically important. >> and pric

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♪ on monday night in boston, he made the joke that had red sox fans in the crowd booing him at his own fund-raiser and then last night, at a fund-raiser in miami beach, he mispronounced the name of their nba team. >> finally it would be incomplete if i did not congratulate the city of miami for having the world champion miami heat. >> the miami heat! you know that half white side of him definitely pokes through every once in a while. >> it has been 14 years since the government allowed any new diet drugs to go on the market. >> now it is happening. this morning, we will take a look at the potential benefits and the risks of the new drug known as belviq. first in this morning's "healthwatch" a three-part series on sleep.

here is dr. holly phillips. ♪ >> reporter: good morning. in today's "healthwatch," why we are so sleepy. it's no secret that americans are exhausted! but just why we are so tired hasn't always been clear. now, several new studies show that obesity and depression are the two top culprits making us sleepy during the day time. researchers looked at a random sample of 1,700 adults and determined the epidemic of obesity is the epidemic of sleepiness plaguing the country. obesity and depression have restless sleep and stress on the body during waking hours. day time sleepiness is extremely common with 1 in 3 americans saying it impairs their lives and it's dangerous. nearly 37% of the population has nodded off or fallen asleep while driving. the research should really be

considered good news. both obese theity and depression are treatable. if you're suffering with irneit, talk to your department and maybe make the appointment before your next yawn. i'm dr. holly phillips. announcer: this portion of "cbs this morning" sponsored by beauty rest. living life fully charged. it's time to live wider awake. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture all night long. the revolutionary recharge sleep system... from beautyrest. it's you, fully charged. dude you don't understand, this is my dad's car. look at the car! my dad's gonna kill me dude...

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♪ gayle is in the control room with a look what is coming up in our next hour. gayle? >> hello, charlie. first successful brand in college then sold it for millions and made out like a bandit during the dot com boom and happened before he branded tory burch. we will talk about what it's like working with your ex. latest adventure, sea wonder. rose byrne is here and stars in a movie and they both chilling in the green room. fda approved a new diet drug for the first time in 13 years. we will ask a topo besity expert is this the solution that millions of americans have been waiting for? we live in a society where over two-thirds of americans are overweight. you can catch us on facebook, twitter and google plus. your local news is coming up. you're watching "cbs this morning." mashed potatoes and gravy. mac 'n cheese...

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the big donors were at the first romney victory retreat. you got to expect that sort of confidence. the man has not even officially been nominated yet and he is celebrating victory! i can't wait for this weekend's mitt romney second inauguration hoe down and presidential library fund-raiser. >> stephen puts it always in perspective. confidence always a good thing, don't you think? >> absolutely. it is 8:00. welcome back to "cbs this morning." i'm gayle king. >> i'm charlie rose with erica hill. on wednesday, the fda gave a green light to the first new drug prescription in more than a

decade. >> belviq is another weapon for doctors fighting uphill battle against obesity. more than a third of americans are obese. 78 million to be exact. >> dr. louis arrone is bus now. good to see you, doctor. >> thank you, gayle. >> a lot of people very excited about this news. should they be? >> yes. i think this is the beginning of the field of medical obesity treatment and we need something between diet and exercise and surgery, which are the things that work. >> how does it work? >> this medication makes people feel full and takes away cravings and in some ways it may substitute for some of the fat in your body and its image in your brain. >> how many years of testing it went through? >> studied up to two years in up to 8,000 people. very large studies. heart valves were looked at. all of the kinds of symptoms that people might have and side effects were looked at carefully.

>> they gave it a clean bill? >> the fda was concerned about this category of medications because other medicines related to this were taken off the market several years ago, ten years ago. it passed with flying colors. >> you said it makes feel people full but what about people who know they are not full but they are eating because they are bored or eating because the food is there? does it help them too? >> it might. it might take away some of the urgency to eat. we see people all day long and for 25 years, i've seeing people who are obese. you look at why they overeat, it looks like your brain gets injured by years of fattening food. and what this does is makes it easier for you to imply with a program of diet and exercise. that's really the bottom line is that people want to lose weight, but it's hard for them to do it. why doesn't everybody just lose weight? >> so does this actually change the way your brain works? >> it doesn't change the way it works, but there are certain signals coming from your

stomach, your intestine, your fat cells and it's basically calling for more food. what this does we think it subtutor for some of the signals that makes you eat less food. >> how long does this last and how long can someone take it it safely? >> it's been studied two years and that's a long time. if you look at medicines for high diabetes are not studied that long and we think it's a good nod for safety for this type of medication. >> are there any down sides? tony, the stage manager there, the gentlemen to the right, said he heard on the radio it's bad for your heart. is there any down sides sorkted with th associated with this drug? >> the most carefully part of the study was looking at heart valves and the answer is there is no evidence and no difference between this and placebo. side effects, nausea and headaches were the most common side effects.

this is not a treatment for obesity. it's not to lose the last ten pounds. people have to understand what we expect will come from this. >> is there no cure for obesity, is there? >> no, not at this time. the evidence is that the brain is injured by fattening food and that is why it's hard for people to lose weight. you know, why don't people just go on a diet and lose weight, right? it looks so simple. >> it's hard. >> but what happens is that after years of eating, fattening food and not exercising, the pathways that control weight don't function as well, and we need something, whether it's surgery or it may be medication, to help amplify these signals, that will help people to lose weight. >> you sound like a guy who knows what he is talking about so we have this question, all of us. if you were a bit overweight and dieting, what would you eat? >> what would i eat? the evidence right now, this just kay out this week, a low glycemic diet. a diet with less sugar and starch increases metabolic rate.

>> translate to food types. >> food types. we recommend low fat protein to bre breakfast. yogurt and egg whites. vegetables and healthy foods. >> if you can give us a yes or no. it sounds like a yes. would you prescribe this to your patients? >> absolutely. i'm looking forward to this. we need more medications. again, this is not the cure. another medication could be approved next month. we are looking forward to that one as well. the more choices we have, the more people we can treat. >> i think it's very exciting news. last ten pounds are always the hardest. always the hardest. >> go ahead. >> we are more concerned about the first ten pounds because those are the pounds that get you to lose 10, 15 pounds, you reduce your risk of diabetes by

60%. >> wow. >> that's what we're looking to do, the first ten pounds. >> the alarming thing we know is that obesity contributes as you suggested to diabetes but a whole lot of other things? >> there are more than 50 illnesses associated with obesity and so we believe that by treating the obesity, we are getting all of those at the same time. this month, we have seen something that we have never seen. again, 25 years i've been doing this. we've seen four young men, 20 years of age or less, with type ii diabetes, a dult type diabetes. that is precedenting to see that. we see one or two a year and now we see four in one year. that's amazing. >> thank you

christopher burch cofounded a fashion label and he is here to show us his secrets to his success coming up on "cbs this morning."

"that didnlet's go whe kids,the constitution our is that forefathers wrote? great? our unified belief in the american dream? yes! those are some of the great things i was thinking of. celebrate america with the tour of america. only at denny's. christopher burch is often

called a serial interference.n he cofounded a fashion label with his then wife tory burch. >> the latest challenge for this venture capitalist who launched his first successful brand 36 years ago. christopher burch, welcome. good to have you here. >> thanks, gayle. >> people could say when they look at the your brand, looks

like he is ripping off tory burch. to that, you say? >> well, in a way, you have to understand i started my first brand out of college and selling door-to-door at college campuses. actually one of your producers in here right now is one of my first little models. >> really? >> at 5 years old. i've been in the business a long time. >> you're not late to the fashion world. >> i'm not late to the fashion world. i actually got in by mistake and trying to make extra dollars in college and doing bright colored clothing and we did everything from mono grams to whatever. fortunately i grew up in the clothing business and spent 20 years doing it. a phenomenal business in the fashion business. >> but do you think you're two brands look similar? when i first looked at your line, i did think it was tory's brand. >> it certainly doesn't look like tory's brand. it's the association with the name gives some people that indication. i think the -- is the same. tory is amazing and she grew up

outside of philadelphia and i did. it's a very classic area but tory has much more of a stylized point of view and we are about happy and whimsical and it's kick and fun with us. we do everything. give balloons and candy away in the store. we are planning some really cool new openings in time warner and we're coming to atlanta, we are coming all over. and the vision of our store, is, yes, we are a luxury store and our prices are amazing but more importantly i think the fact that whimsy in our storm and i think tory is serious, serious fashion. we do have the same kind of aesthetic from the brightness of the store but we are very different. >> you think that is where the similarity is? to clarify for people, you are cofound tory burch when you were married and you are no longer together. correct me if i'm wrong you are one of the largest shareholders? >> tory and i are majority shareholders in the company and we built the company together and founded it together. tory yed my experience in the

back and my experience in production and sourcing and she created a lot of styles, a lot of the fashion. she's an amazing person and as far as an inspiration of the company. gayle is very helpful and oprah has been very helpful. >> i'm a big tory burch fan. >> the marketplace, i'm launching nine new brands. they are all amazing brands. i feel very fortunate that i have an extraordinary group of women and men that help me to build these brands. the marketplace is open. retail has gotten very tired lately. the nice thing about tory it's broken through and sea wonder has added another element. you walk into our stores over the weekend. people are dancing. we give away free things to people. we are so -- >> you give away free earrings? >> we do. >> what kind? >> anybody that just walks in? how does it work? >> on the weekend we give away

free earrings. >> what do you mean that retail is tired? >> well, i think the retail industry had a period of time when it was extraordinary. you know? you have the jean united states in the industry like mickey drexler is amazing and you have a lot of new amazing new people but we haven't seen a lot of new retail in a long time. jcpenney and ron johnson are doing this extraordinary and i hail him for being able to. >> in the way they are changing their marketing structure? >> the way they are turning that around. i look at things like -- but most of the retailers, not enough risk. and i'd like on some help out there to create new brands. we know the consumer, when tory started, it was a new concept. >> i'm fascinated by exex working together. how did sd it work? is it a good working relationship with the two of you? >> yes. this is really interesting. look. there is conflict in any

relationship. >> yes. >> you know? there is conflict in anything. and, look. i think tory and both of us care, number one priority is how does our stores look, what is the perception and what the customer is getting? my expertise is very wide in the fact that i understand sourcing and deep level. i spent a lot of time in the factories and i understand a lot about how to brand. i understand the financials and i understand everything. tory is probably the best in design and imaging. these board meetings are like any good board meeting or any business should be. challenging each other and how to make the business better. >> i think it's important to let people know are you not late to the fashion party because you've been doing this a long time. you believe everything can be much better it's good to make things simple and beautiful. >> i really believe that. i'm looking at this desk right here. you know? this is a beautiful piece of acryl acrylic. it's new to the world of -- >> morning tv.

>> of morning tv. your set is amazing. it's a beautiful place. your show, by the way, i mean this sincerely, i've actually clicked off the other favorite show because i love watching you. >> keep talking, chris! >> i'll a little disappointed, you know, my hero charlie not here but i get you two ladies so i'll take that every day. this is an amazing show. this show has recast itself, you know? whoever styled this with this acrylic is amazing. this is the newest thing. but it feels good, it looks good. the way you've done this whole thing and the way your producers is handling it. to me, it takes an old set and you make it better. and i think a -- drugstores make it better. sea wonder has made the shopping environment a hundred times better. brighter product and more luxury product. >> because we dance and you give out free area rings? >> no, because our dressing rooms you get to play your own music. beautiful bags. the pricing is extraordinary. >> i think you're an interesting person because you have talked

very can ddidly about add. do you think it has helped you in your career? >> i don't think there is anything better than growing up with add and adhd. last in my prep school class and last in my high school class. look. i think kids suffer when they are younger and struggle, they have a better appreciation for the world and life and i think it gives -- it gave me the ability never to be inside my own mind. struggling in school allowed me to see the outside world. and i have a lot of empathy for children who struggle in school and right now, it gives me a great advantage. i had to get through a tough period. i think it's difficult for all of us when we struggle and when we are a child. so, you know, i think it's an asset and i wish -- for me, one thing i wish parents didn't worry so much about their children with it. it could be great. >> christopher burch, thank you

for being here. >> thank you for having me. i really appreciate it. >> we will be right back. you're watching "cbs this morning" on cbs. announcer: this portion of "cbs this morning" sponsored by party city. nobody has more fourth of july for less.

is it harder being an anchorman than thought it was going to be? this is your real first anchor experience, isn't it? >> a part i didn't' how relentless it is. we work about 12 hours seriously during the day to get the broadcast on the air and we go to the broadcast off the air. the news keeps coming. the next day keeps coming and on and on it goes. it's encredible relentless. >> we use some of the stuff for monday and we use it like wednesday. we use some of the stuff from tuesday on friday. i mean, these 12-hour days, i mean, fine for the first year, but not all it's cracked up to be. >> go, scott pelley on david

letterman. i like it. if you're in your 30s and not married left are awe leftover and [ male announcer ] it would be easy for u.s. olympian meb keflezighi

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giving you more. now that's progressive. call or click today. ♪ welcome back to "cbs this morning." do you see that giant bus parked in fronted of our broadcast center? where yis it here, you ask? excellent question. it's the official bus for the 2012 cbs buzz tour. there you see the inside all tripped out. it is going to be traveling coast-to-coast this summer covering some 15,000 miles and hitting more than 60 cities in 60 days and inside that bus, if

you want to go visit, a bunch of give-aways for you. all of the loyal fans who help make cbs america's most watched network. a multiple cbs studio you see right now for interviews and stars who may pop up during the road trip. the first stop happens next week, wednesday, july fourth, in boston. fo cbs' live broadcast of the boston pop fireworks spectacular. after that, crisscrossing the country and stopping at some of the summer's biggest events. among them? san diego, the indiana state fair. also kenny chesney's annual beach bass at ford field in detroit. if you're thinking, ha! when is this the bus and free stuff near here in lucky you. logon earlyshow.cbsnews.com/buzz. if you'd like to tweet about it, the #is cbs buzz. >> i thought it was charlie's car when i pulled up! i thought that was your car. >> what a weekend thing you could have with that!

>> maybe get charlie on the bus for part of the tour. >> you think? no! >> me neither! >> no. >> erica, we are not bus people! no thanks! but it looks like a great bus and it's a nice way to say thank you. you all have fun. kidding aside it's a nice bus. >> i love buses. >> i mean that. do you? i don't. i don't. but go on. a familiar phrase in chicago is letover women. what does that mean? let's start over. a familiar phrase in china is leftover women. big difference. it refers to women who were considered by chinese standards to be too old to marry. >> chip reid is in beijing where thaen attention to these women is good morning. ng.- >> reporter: good morning. in many parts of the world, thereof long been discussions over the appropriate age to get married but what is pricing here in china is that a woman can find herself labeled a leftover woman as young as 25.

at a book party in beijing, american author joyy chen offered dating advice for chinese women. >> how impressive we are at work is not maybe the best way to impress a man. >> reporter: chen, a former deputy mayor of los angeles, and a successful businesswoman, is the author of the chinese language book "do not marry before age 30." in which she urges women to pursue their careers while postponing marriage. but that can be a risky strategy in china, where single women over 30 and even in their mid to late 20s can find themselves branded, leftover women. explain to me what it is like for a chinese woman to be a leftover woman? >> when they go to work, people call them leftovers to their face. >> reporter: chen says these women are trapped between the present and thousands of years of chinese history. 31 and not married, uyou're over

the hill? >> is like a complete travesty. you know? these women are just women who have been playing by the rules, achieving, as they have been taught to achieve, since they were little, you know? getting great grades and going off to grade school and getting great jobs. >> reporter: then in their mid-20s, chen says, the rules changed. >> then, suddenly it's like, bam-o-wham! no, don't achieve! you don't want to scare the boys, you know? slow down and jump back into your traditional role as a wife and a mother. >> reporter: the problem is that's not easy. katherine jo spent her twens and early 30s working on her career. now 35, she says she can't get a date, much less a husband. chinese men, she says, want younger, more subservient wives. >> maybe younger, more naive and -- >> reporter: she says many men

find her intimidating. >> i'm quite independent. maybe this is also one of the reasons the person is afraid to be with me. >> reporter: katherine says she learned those qualities from her parents, until she finds a husband, she's living with them. which means she feels constant pressure from her mother who says, at this point, she would be happy if katherine married a fraud. do they tell you you're too picky? >> sure. they think i'm too picky. >> reporter: they do? >> yeah. >> reporter: katherine says she is only interested in finding true love. >> i believe there is still somebody waiting for me and we are just looking for each other, we just a meet away. >> reporter: but as a leftover woman, she worries it might be too late at the ripe old age of 35. not surprisingly, the women we talked to said they find the term leftover women insulting and hurtful and offensive and said it's made worse by the fact the chinese government has adopted the term as an official part of the chinese language.

charlie and gayle? >> boy, you sure can understand why they would feel insulted by that. the chinese government is going to do what about this? >> reporter: the chinese government doesn't do much about it, but there are schools all around the country and certainly most schools are supported by the government, but it's really, i think, an effort that's being led locally to try to teach women what they need to do. a course in shanghai called "leftover women rescued." >> wow. that phrase is so hard to hear, chip. when you were talking to katherine, it's -- yeah, it's hard. you talked about being too picky. what does that mean, being too picky? >> reporter: well, i talked to joy chen, the aurnl you saw in the piece, about that. she said one problem here and one way woman may be at fault this may be a communist country but people are very focused on income and money and many chinese women, especially in the urban areas and especially

professional women, who won't even consider marrying a man who doesn't have money. >> all right, chip. fascinating story. thank you so much. when we comeback, rose byrne came all the way from australia and became a hollywood star who lives in good old new york, new york. sh

am i correct directly out of law school patty hughes hired to you work at her firm? >> yes. >> you've worked with her on and off for a period of four years? >> yes. >> during that time, would you say that you got to know her well? >> very well. >> broadly, how would you describe her character?

>> rose byrne, look at the look between the two of them. rose byrne plays attorney ellen parsons in "damages." the emmy award legal drama about to begin its fifth and final siphon. >> we have seen her in movies in "bridesmaids." and x-men first class. this morning she is here in studio 57. welcome. >> thank you. with all that, why "damages"? >> i'm big on television series and i love series. the writing was just incredible from the word go and, obviously, glenn close is, you know, attached and that is huge and been an honor to work with her five seasons now. >> your character is? >> ellen parsons. i started out as a protege to patty hughes. >> tough. >> and tragedy and chaos

instilled in my chashracter fro there on. >> you said glenn close has helped you personally and professionally. interesting to see the dynamic between the two of you on the show. >> she is a great example. she is a great leader of our show and, i mean, she runs two charities. she's a mother. she's a wife. she's a -- you know, she's sort of can do everything and i really admire and that incredible actress and her focus is laser sharp and raises the bar for anybody. >> talking about acting, you're no slouch. you were so much fun to watch in the movie "bridesmaids." because i your character was delightful. have you been a bridesmaid yourself? >> for a month, my best friend in australia, so i'm very excited! >> it's like what not to do what did you in that movie, what not to do? >> yes. >> i love the fact you have this accent!

>> oh, thank you. yes, people are very surprised when they hear my voice come out. >> you know what i love? >> what. >> the fact her parents are in tasmania and they raise garlic? >> yes, my father has a garlic farm. >> that's a business, isn't it? >> it sounds like a movie. we have a garlic farm in tasmania. you were a farm girl by heart? >> i grew up in the city but they had a change five years ago and they have a beautiful farm and incredible landscape and it's a hobby farm for my father. it's not that serious. >> i didn't think of you as a farm girl. >> depends on the crop of garlic do well this year? . when you look at all of the opportunities today, what kinds of things appeal to you when you look at what you've done and where you are in "damages"? >> i guess i think for most diversity is fantastic. if you get to do something lighter like "bridesmaids" and serious like "damages" and small

role in big things and small roles in big things. >> who has influenced you? >> oh, many people. i guess. i come from a very close family so they are keeping me very grounded and things like that i admire the actresses who have longevity like glenn. >> when you're on the set with people like that, do you talk to them about the craft? >> we do. on "damages" we get the script the morning of so often learning the lines that morning because it's a strange -- >> yes, exactly. why is that? >> no time to talk about anything. >> why is that? why would they not want you to have a week with the scenes? >> they do but it's the naj who runs the show. it's a serious show and the way they write, they all do passes on it. yeah, we are lucky with the actors because often it's quite a demanding thing.

>> you come from australia and play a wide variety of roles. did you have an impression of america before you came here? you now live here in new york. >> i live in new york and i love it. it's brilliant. i mean, america sort of always been larger than life to me, especially at those awards show when you go in and i sit there like, i can't believe i'm here! something about that that americans do so well. >> there is something about australia and the amount of talent is produces in theater and film. >> there is. i know. i don't know. i think -- we have a lot of american television in australia which is a great thing in terms of the accent so it's familiar to us. every time i go back it feels more influenced by america rather than england. >> how are you feeling about the last season ending? boy, has it been quite a ride to watch your character and you and glenn together. >> yeah. it's bittersweet. it was a wonderful run of five years, and encredible job in many ways so it's definitely something. we wanted to end on a high rather than drag it on so it's

bittersweet. >> been a good run. >> yeah. >> thank you. >> thank you! >> continued success. continued success. you're. "damages" premieres july 11th on directv. >> you know the sound in the background. does he move like jagger? we will see. you'll meet the youngest athlete ever to compete in the x-games. you're watching "cbs this morning." ♪ from my heart if you feel like it take me away ♪ ♪ make it okay i swear i'll behave ♪ i'll go east coast for the philly cheesesteak omelette.

no, let's go to the heartland

for the midwestern meat & potatoes sandwich. wait umm, yeah. try the seven regionally inspired dishes of the tour of america menu. only at denny's.

♪ ♪ start me up >> the x-games begin today in los angeles. you can expect plenty of show stopping moves on skateboards, bikes and motorcycles. >> we have a story of one contestant who will make x-games history just by showing up. ♪ >> reporter: 200 of the most extreme athletes are bringing their bikes and their boards to los angeles this weekend. yet, one of the biggest names in the competition. >> come on, jag. >> comes in the smallest package. >> i don't think i got big enough for my glove yet. >> reporter: jagger eaton is just 11 years old, the youngest athlete ever to compete in the x-games. >> i game here last year and i thought i would probably never be in the x-games and i'm

standing here competing with some of the greatest guys in the world in skateboarding and it's kraegs. >> reporter: crazy because the other guys are his idols and more than twice his age. do you want to beat them? >> i do but i don't think i will because they are amazing skateboarders. >> reporter: so is jagger. later today he takes on one of skateboarding biggest and competing stages competing in the big air contest. he jumps over a 55-foot gap into this quarter pipe. jagger is just 76 pounds and five feet tall so the 70-foot drop is 14 times bigger than he is. jagger may be one of the best 11-year-old skaters in the country, but he's still a kid. he says the first time he got up on one of those ramps, he look p>> before we even jumped it, i don't even want to go up this

elevator! >> reporter: jagger has been skating almost since he could walk. his parents run a skatepark back home in mesa, arizona, where his older brother jet and his other brother costin also board. geoff eaton is part dad and part coach. >> of course, i have the regular mom/dad nerves that you get when your child is participating in any kind of sport. oh, oh, oh! >> but i'm really confident in his riding ability. as long as i don't go up to the top and look down, i'm okay. >> reporter: during practice, we saw a kid who is not afraid of falling. or as jagger says? skate speak. >> eating it! >> reporter: eating it. you ate it a couple times over there. but i suppose that is part of this, right? >> yeah. 75% of skateboarding is falling. >> reporter: but there are also moves like this. ♪ moves like jagger i've got the moves lie jagger ♪

>> reporter: do you get tired of people asking you if you have the moves like jagger? >> i can't. girls at home saying jagger got swagger and it's so annoying! it's like -- it's like that, but times two! >> reporter: there may ab day you like the girls complimenting you? >> yes. we will well, i do but. >> only so much? >> only so much. >> reporter: are you dying to get out there? >> yeah. >> reporter: we're holding you up, aren't we? >> yeah. >> reporter: you don't want to get in the way of a kid on this kind of a roll. for "cbs this morning," ben tracy, los angeles. >> great piece. two things about that piece. one, this kid will be successful at anything because he has the passion and the desire to do it. >> so true. >> and if you have what he has you get started early and you have parents and everybody else who want to help you. >> i thought it was interesting, we didn't see mom in the piece. dad is there, go, go. i'm curious to see what his mom

thinks it but we love everything about jagger. cheering him on. >> very cute. the exchange at the end, so annoying what the girls say! >> he'll change. >> sooner, rather than later. go jagger eaton. >> good luck. >> we expect to hear great things from jagger. >> we can say we introduced him to you here. i like it. >> interesting piece by ben tracy. thank you for joining us. up next, your local news. when we come to see you tomorrow, i will not be here. >> yes! >> they will. >> dare you leave us, charlie rose! you think you deserve a vacation? >> enjoy your day off. >> i'll miss you. have fun without me. see you tomorrow on "cbs this morning."