thank you so much for joing us this ening, mike. >> okay, suzanne, sorry to miss michelle. >> my guest, mike holland. >> paul: wall street srted the day in aautious mood as vestors waited on the fed. the dow posted a 20 pot loss with the nasdaoff 2 points by te morning. then stocks slowly recover as hopes grew tt the news from e fed would be good and when it was, the dow jued to a 60 point in. but market bears solinto the strength >> suzan: reports that efforts to refm the financial regulatory system are ad are premature. so says barneyrank. the chairmanf the house finance committee today ded to the fray to get that legislation written anonto the house flr by november. as stephanie dhue reports, everyone agrees anverhaul's needed but no e agrees on how should be done. >> reporter: right now tre are a handful of regators overseeinghe financial system. but none has the per to dismantle finaial institutions like a.i.g., bank of arica and tigroup, if they were about fail. house nancial services committee chrman barney frank says that needs to change. >> wwill be providing a mechanism for p

fome and the rest the orldfocus" team, thanksor joing us. good-b joing us. good-b good-bye. -- captions by vic -- www.tac.com > major support fo "worldfocus" has bn provided by rosalyn p walter and the per g. terson foundation. dedicated to promoting fisl responsibilitynd addressing key economic challengefacing america'future. and additional funding i prided by the following supporters --

he joins me in the studio, i hope you'll jo us as well, call us on 800-433-8850.d us your e-mail to dr show at wamu.org. jason kersten, what a sry u've told. >> thank you. >> i must say in reading about his childhood i found myself thinking, this has got to be the most ghastly way a kid can be brought into this world one could ever imagine. talk about him as a young oy. >> well, that was one of the most surprising discoveriess i researched the book and got to know him better. he started out as quite a gifted young l. he had skipped two grades by the time he was 11. >> very, very bright and alws at the top of his class. >> yeah, right. one of the thingthat sort of developed that in him was that his family was constantly moving around all the time. not a very stable family at all. his father was an on and off crook himself, a paper hanger, and his mother was mentally ill. and his father also had a mistress, and he was constantly going ck and forth between th two, so that was really the only stability he had as child which was his mind and his creativity. now, when h

joing us now to help read today's fed tea-leaves is michelle girard, senoir economist at rbs a mike holld of holland and company. lcome to the program. >> good to be here, thanks. >> what isour aessment of the fed's state today? it ems to be the most optimistic tt they've been about e economy in some time. do you ree with it? >>es and yes. ihink inoth instances it' been several meetings, seral months since we've heard this kind of optimisti i don't want to overstate it, there's still good rerence in there to the horrible jobs picture and so on, but things are gettingrudgingly better, d think that's a fair assessment as i lk to businesses and retailers, things have at t least leveled ofand are beginning to move up a little bit. >> so why didn't the stock marketally or why do weee the selloff that we saw, do you think? >> stock market ona day--day hour toour minute to minute basis is setimes totally irratnale and some people say often irrational. in the last half-hour tre was a big program thatome people comin, there was nothingin t federal reserve statement in, the on market statent that h

. >> all righ juan zarate, thank you veryuch for joing us. >> thank you. >>> we als want to har from u. how you see . our questiononight -- is the united states being aggressive enough or too aggressiven its efforts to combat inrnational rrorism? tell us at you think by going to the "ho you see it" seion ofur webte. you can find thatt worlocus.org. >>> from elsewhe in the muslim world, a judge in malays has ordered a slim man t b jail d whipped six times for drinking alcohol in violation of islamic law. the man plead guilty to drinkingiquor at a restauran in july,the same judge sentenced a malaysian woman craning for drinking beer in puic. that takes us to anher story on stri islamic lawnown as shariah. it cos from innesia, the province of eh where a tough new law governing personal behavior has justeen ssed. for mre on that story, here's gan fang of abc i austraa. >> reporter: aernoon prayers in aceh's capital bandaaceh. it is deeply religious part of indonesia,slamic teaching reaches far beyond the mosque dos into the veryd homoxuals, rpists and people ught gambling o drinking will

ist likely nucle negotiations withiran will succeed or are harsher sanctis against iran inevitabl joing us is maour farhang, a professor of internional relations at beningtoncollege. professor farhang was revoluonary iran's first ambassador tthe united tions. welcome to the program. >> pleasure to be here. >> do you thin that these talks,hich are going to b stting next week, are they going to succeed or are harsr sationsnevitable against iran? >> regrettably the talks will not succeed but i'm not sure we'll see harsher sanctio. ey will not succeed because irson ing through a signicant shift in the centers power from the coervative erics and their lay associates to the security and intelligent of the state. this shiftas given the revoluonary guards and thr allies inthe so-caed economic foundations in the count a siation that they rely need an enemy in order to justify within the regimend supess e dissident elents who question the tolity of the regime. >> does iran come to these talks om a position of weakness? >> iran ces t this pition from a position of witne internally but nexternally. be

. >> susie: joing us with more analysis about the ecomy, bruce kasman, chief economisat j.p. morgan. hi, uce. >> hi susie. >> sie: we continue to get conflicting data about e onomy, and people want to know, is t economy nooing better or is it still in trouble? >> i think it's pretty clear that the economyas begun to grow. it lookss to like we' have increased at a 3 to 4% pace thisuarter. that's aretty strong pace. coming off adeep recession. but i think we have to realize that we're tting growth off a very narrow base, we're getting some hp from mafacturers having cut back too far, similar to buiers and we have me incentives the auto a housing iustry. and we're not yet on a fully sustainable growthace. in addition we're coming off of such big lows in terms of the cession, terms of h high unemployment is, how serious credit problemare going to b that we're goi continue to have bad news here on a nber of fronts, eve than as we see theconomy growing. >> susie: l me pick un me of those points. the housg data, are home prices doing better becae of ndamental improvementsr becae of

thank you for joing us. two da before iran holds important nuclear talks with the united stas and five oth world powers in geneva,t had much more toay today abo its newly dsclosed uranium enrichment plant including why it was builtnside a mountain next to a military sit as a potentl showdown emergs, iran's vice psident said that location was aimed atrotecting the nuclea facility in casef an aeria attk. he ao said that iran will set a time table soon f u.n. nuclear inspectors t visit t plt, seen here in satellite ima image, but he said iran isn bound to allow such ipections within one moh as the united states has demanded. and he defended the bilding of the ant and iran's nlear program. >> translator: this plantis to show thatunder no cirmstance will theslamic republic let itsuclear activity in various fids of technogy be stopped for evenone moment. >> this week's talk, as you might imagine, a topping number one on iran's television which aoreported that an's parliament warned u. against additional pessure ju

thank you so much for joing us. we hope to see you bk here at the sa time tomorrow. good nig. >>> "worldfocus" is made possible in part by the foowing funders -- jor support has also been ovided by the peter g. peterson foundatio dedicated to promoti fiscal responsibilitynd addressing key economic challens facing responsibilitynd addressing key economic challens facing americs future. -- captions by tac -- wwvitac.com

. > > thanks for joing us. our let's get a check on the weather. > > the storm center is close by which means we will see some clouds and perhaps a shower. it will be warmer today than yesterday. > > a look at remembering yesterday 9/11. > > today, america remembered the nearly 3000 people who died on septmeber 11. a ground zero memorial is still under construction in new york. every victims name was read here and in pennsylvanie where crew members and passengers took down hijakers before they could hit their target. president obama promised tofight fight terror. > > we will do everything in our power to keep america safe. > > thihe proclaimed this day as national day of service. america will never forget this day. > > we have continuing coverage of 9/11 on our website at wbaltv.com. do you think the us is a safer place now than in 2001? you can answer tahhat on our website. radio transmissions heard talks about a suspicious vessel. the coast guard and cnn were reporting what they heard and there was confusion.

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tennis star and very ugly human beg, james blake is joing us cheerand applse ] wowhe is t a good lookian. not good lookin-- but he's a good alete and we hava performance from e eat keri hilson, everybody. [ chrs a appuse ] tht is going to hot. she'll play with the roots. yeah, she's playing with the roots tonight. it's goingo be awesome. sounds gre. now, today is friday, and at's usually when i catch up on some personal stuff. i check my inbox, i return some e-mailand, of cour, i se out so "thank-you nos." well, i'runng a little but behind today. s i thought that if y guys wouldn't mind, i'd just like to write out my weekly "tnk-you nos" rightow. is thaall rit? [ cheers and appuse thanks, you guys roots, can i get some "thank-you note" wring music, please ♪ [ lauter ] >> jimmy: "thank you, federal reserve chairm ben bernanke, fo saying th the recession is most likely over. nothing puts me at ease and restores my confidee like a nice firm 'most likely.'" [ laughter ] "thank you, celebry couple nicknamefor not naming the new jennif anistonerarbutler relaonship "anisbut." [ laughr ] appla

ifill: general lee, thank y so much for joing us. >> thank y. >> lehrer: the tnami alert syst workedn american samoa on o web site-- newshour.pbsrg and follow a linko the p.b.s. program "nova" to len how a tsunami forms. >> lehr: in other news today: nations across southeast asi cound at least 331 people dead after one of the wst typhoons in years. the storm was wngraded to a tropical dression as it crossed into lao but it left devastation in thehilippines, vietnaand cambodia. in vtnam, parts of two princes were cut off by floong. and across the central parof the country, nrly 180,000 homes were destroy or damaged. more than 0,000 people were evacuated from thetorm's path. the commander of u.sforces in iraq called for flexibilit today withdrawing troops over the next year army general ray odier told a u.s. houseearing that 4,000 troops will ave by the end of tober. that's earlier thaplanned. at the same time, he said u. officis should not forget about aq, even as they shift sources to afghanistan. >> the plan weave, i believe, allows us to withdraw deliberately and maiain what i beli

we're glad a lot of nice folks are joing us. also joining us, the fabulous tamron hall. >> good to see you. >> nice to see you. >> thanks for having me back. >> you bet. natalie's on assignment. matt had to sneak out earlier. actually, didn't want to have anything to do with tamron. >> rumor is he didn't want to be out here with me. >> no, he has an assignment to work. >>> coming up this half hour, john travolta taking the stand in an extortion trial linked to his son jett's tragic death in january. we're going to get those details coming up just ahead. >>> plus, more with mackenzie phillips. a riveting interview with meredith in the last hour. well, the "one day at a time" star's brutally frank new memoir details drug use starting at 11 years old, hard-core addiction by her late teens and a long-standing sexual relationship with her father, the mamas and papas' john phillips. >> unbelievable what she is revealing about her life. >>> also, women and heart health. if you can believe this, 37% of women die from heart disease, card

fauci, welme, thanks for joing us. >> gd to be here. >> warner: so how importt is thinews today inerms of how wel protected americans will be fr the h1n1. >> wel it really is very goodews, margaret. beuse when we first noticed this vaccine in april of this year, and decided to go ahe as you would expect to try and make a ccine, it was unclea whether a ccine would even induce a respoe that would be ptective. and whether not it would ta more than one dose, two or more doses of a higher dose bause our preous experience with the h 5 fwlrx 1 bird fluhat we have beenracking for years was th the vaccine that we ma required an exorbitantly high do. the resus that we are hearing re today and that we presented tod in washingt indicate that a sile dose of the standard dose of whatwe give every year for seeonal flu indud a verypotent response in a st majority of individuals. and did it inabout 8 to 10 days whi is really good news from the standpoint of both te supply of vaccine and the fact that we have vaccine th can induce that response. >> warr: so does this mean that me americans can be protec

he's written widy on the impact of e olympics and other spting events and jos us this evening from chicago, professor, is bringingelebrity fire power to a bidne of the ways cities can legimately compete now that t i.o.c. has changed s selection procedures in the wake o scanls in the '90s? >> yes. i think the interaction ally betweei.o.c. members and those who are boosters f the games and ho cities, that contact is very limid at th point. asou noted, it's a result of what happenewith the salt lake winter olymc games. soeads of state will have some contact but they've g a ry, very short or small window to meet wh i.o.c. presentatives to make thei personal bids. the contact is limited but there is some contact for rougy 12 hours, 10 to 12 hours. so it may be that theye able, as i noted before, to sway a few votes. suarez: how much does geography and geo litics matter in the selection process? tokyo has beenn olympic city in the past, but the's never been aames in latin america or africa and rio is seeas a sentimental favorite by so. >> a i think that's right. i thinrio is a sentimental favori

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. -- joing us now. these coaches will not be helping students? >> that is right.eived millions in stimulus funds to save or create jobs. what they decided to do with it, rather than hiring more teachers or doing something good for children, was to hire literacy and math coaches or teachers, which does not do exactly what they were hoping to do. it is also important to note that the class sizes between fourth grade and 12 great work raised -- class sizes between fourth grade and 12th grade were increased, and they have cut teaching jobs. jon: they have been defensive of the spending, saying that the stimulus money is going to run out, so they have to do something that might only last two years. >> right, but let's try and do something that will actually help the students. jon: there are more daily averages to read from do -- outrages to read from the "washington examiner." jane: hugo chubb as is threatening to earth -- hugo chavez is threatening to shut down at the last private news station. >> there is just one station left that threatens to -- that there is to th

mary jo: brian, take us step by step to what happened to get serena defaulted at the end. >> well, it was not an immediate default. it was a point penalty that happened to be given on match point. she had had an earlier warning for racket abuse, and at -- i believe it was deuce, she was called for a foot fault, and a point later she said something to a line umpire and it was reported to the chair, and that resulted in a point penalty and it just happened that point penalty was match point. mary jo: did serena have anything to say when all this was happening, to her defense? >> i can't go into that, but it was a code violation for unsportsman like conduct. mary jo: thank you very much. there you have it, dick. dick: you can see the disappointment in brian ealey. it's the very last thing a tournament referee wants to officiate. those were the conditions. serena williams is out, the defending champion. kim clijsters advances. mary: it's a pity. but what seems to have happened is that when foot fault was called, those two "f" words led to far worse ones from serena. in the men time, there

mary jo: brian, take us step by step to what happened to get serena defaulted at the end. >> well, it was not an immediate default. it was a point penalty that happened to be given on match point. she had had an earlier warning for racket abuse, and at -- i believe it was deuce, she was called for a foot fault, and a point later she said something to a line umpire and it was reported to the chair, and that resulted in a point penalty and it just happened that point penalty was match point. mary jo: did serena have anything to say when all this was happening, to her defense? >> i can't go into that, but it was a code violation for unsportsman like conduct. mary jo: thank you very much. there you have it, dick. dick: you can see the disappointment in brian ealey. it's the very last thing a tournament referee wants to officiate. those were the conditions. serena williams is out, the defending champion. kim clijsters advances. mary: it's a pity. but what seems to have happened is that when foot fault was called, those two "f" words led to far worse ones from serena. in the men time, there

or do you punt it away and use your two time jos and hope to stop it. he hopes it's moot and they can complete one here. they do so we'll never know the answer to that. caught by steve smith up at the 39 yard line. >> cris: mr. reliable one more time. he is sort of become the amani toomer of this team as they come back up with a hurry-up. >> al: at the 40 yard line. all they need is a field goal so they can milk a little bit of the clock down the field. plenty of time. two time-outs. pass is caught and then it is dropped. manningham had it initially and scandrick was all over him. he never had it. incomplete. >> cris: i think that's a break for the giants. two-yard completion. you can see manningham basically waving his arms trying to talk the official into an incompletion. that is about the strangest looking thing i've ever seen. >> al: right. would ve stayed in bounds and clock kept running. >> al: four man pressure. haven't run any blitzes yet. >> al: second and ten from the 40. now they show blitz. manning throws and that is caught and that will be

to say the same thing happened to him at the same karate place that used to be at the shopping center. the youtube video shows bobby jo setting up an unsuspecting man who appears mentally ill to be beaten by one of his black belt students. >> the victim looks like he is being drug out the back door, which would have been right about here. now police don't think he died because they checked area coroner records from that time period and found no matching description of an unidentified deceased person. >> right now we believe there are more victims out there that were brought in from the street, that were brought in and assaulted and what we are looking for is the public to come guard with that. >> prince william county police hope to bring charges against the black belt who live in california. >>> i'm saray chin where a youth minister is accused of taking advantage of a teenager she was supposed to be counseling. disturbing allegations of one of their own. 36-year-old jennifer brennan is accused of having sexual contact. a grand jury indicted her to ten counts of delinquency to a minor. >> as pastor of the church, i ap

they are saying remove all of these federal burrow xraft -- we had be happy to use those sxirpss. jo want to bring up a point about louisiana medical sow sigh ilt not supporting their state. my state of georgia is feeling the goim a did the chairman mention the support of the ama? great anothers --. let me say this as we come near a conclusion of this debate on my amendment. the arguments i have heard from the last 30-35 minutes. we can agree with ending this practice of rescission of a policy after a person is in the hospital on the operating table because of some technical glitch. we agree with that and most of the insurance industry rye ko m kofrm. not deny al of coverage, community rating. we agree with the need for election of coverage. people employed in a small company get treated fairly. the problem is we are forevering into a new situation that we have an insurance company. that is a federal company. jo will the gentleman yield? >> i yeeltd to my friend from arizona. >> will the gentleman yield for a yes will >> deck tating how medical providers practice medicine. is that be

i have been able to realize many of jo my parents would look at the paycheck and say, why does the government take so much away from usht. it isn't right for the government to get in the way of the dreams and cleel now we are here to take it back ♪ ♪ take it back. take back the american dream. thank you. splush r [inaudible]. >> common, america. my fellow patriots fighting for freedom is what gives me chills running up my leg. on that beautiful morning tuesday, september 11, 2001, the enemy looked to wip out the american strength. how he under estimated the american people. i knew nothing but my military but i knew i would serve my koisht. i have had two tours in iraq. my story is one of many inspiring stories of an american willing to fight for a cause bigger then themselves. in world wars i and ii and korean and vietnam wars, men left their families notifying if they would return home. we are free because of those who sacrificed much. i am thank fowl for here's like my house who have fought battles. eshgs i'm thank fowlful for my friends, first lieutenant nate chris to have who died for his country. he inspired his

jo. expect it to rescue the economy. to fight the wars. to ge us a good life". so, when pple say, "don't take my medicare ay," what they really mean is, "we're entely dependent on thigovernment and we'rafraid they'll take one thing away that we've gott used to and replacit with something th won't be so good. and ere's nothing we can do about it. we're poweess before the very guardian that protects us. >> moyers:o, how do you see this contradicon playing out in the health care debe? where what's the domant force that's going to prevail re at the end? it going to be, "we want reform and we want the govement involved?" or are we gog to privatize it thway people on the nservative side want to do? the insurance companies,he drugompanies, all of that? >> i thi what we'll see is a kind of incremental reform. look, we know that hlth care has become the thirdail of american polits, going back to theodore rooseve. the greatest retail politici inodern history, bill clinton, could not sell it. but here's another thingo think abt. in the book, i disss one of thmost interesti

ank you for being with us on "bbc world news funding was made possible by the freeman foundationf n york, stowe, vernt, and honolu. the newman's own foundation. the jo. and catherine t. macarthur foundation. and union bank. >> union bank haput its finaial strength to work for a wide range of companies from small businesses toajor corporions. what cane do for you? i'm julia stiles. >> i'm kevin bacon. >>'m kim cattrall. >> hi, i'm ken burns. >> i'm liliaylor. >> i'm henry louigates, jr., and public badcasting is m source f news about the world. >> for intelligent cversation. >> for election coverageou can count on. >> for conversations bond the sound bites. >> a commitment journalism. >> for decing who to vote for. >> i'm kerry washington, and public broadcasting my source for intelligent connection to my cmunity. >> "bbc wod news" w presented by kcet, los angel. presented by kcet, los angel.

us. and i compliment you for your constructive comments and hard work. next up, jo andee wyden. you have been a leader in health care coverage for years. frankly, i cannot think of a senator who has been more time and a higher percentage of his or her time on health care they knew of the last couple of years. many of the provisions that we have here are due to your hard work and efforts. i want to thank you for it. >> mr. chairman, thank you for those kind words. i do not want to make this a bouquet-tossing contest. you had made an extraordinary effort to in all of these many months to bring us together. we would not even be here without the suburban white paper that you put out to start the discussion. let me begin by saying that i guess you did not get the memo from the folks on the ideological extremes of american politics. they said max ought to throw in the towel on bipartisanship. you either did not get it, or you chose to ignore it. and as far as i am concerned, the country is for the better because of your focus on bipartisanship. you consistently said let's try to get h

joining us to talk about it, former criminal investigator jo lusage. what is the new information from the news conference? >> police located a car of interest they think is at least a witness to this crime, and possibly involved in it. there was a dark late model kia spectra that appeared to pull into the parking lot of a local walmart and did not exit the car. the driver did not get out of the car. when the family left the walmart, this driver left the walmart and appeared to follow them out on to the road. >> okay. what do we know? do they have specifics on who owns this vehicle? >> they don't. they are trying to learn all that. they believe it may be an out-of-state vehicle. they believe the license plate may be out of state, but they don't have information on who may be driving it or who that car may be registered to until they learn more information about the plate. >> let's go to our former criminal investigator john lucich. >> federal laws have been broken. you are going to see the fed enter this case and they'll be able to bring more resources

jo. >>llen h eew n job. >>> welcome back. the man says the date 9-9-09 led him to hijack a mexican airliner. a fanatical preacher used a fake bomb to take over a flight before it landed in mexico city. he said that 9-9-09, the date, is significant because it is 6-6-6 upside down. he also said he wanted to alert people to an impending earthquake. >>> 15 americans were among the 103 passengers on board. no one was injured. >>> in honor of the eighth anniversary of the 9/11 attacks there is a call for people to share their images of that day. the photographs, audio and video will appear online as part of a project called "make history." it will be part of the national memorial and museum set to open in 2012 at ground zero. that website can be found at makehistory.national 9/11 memorial.com. >>> these pictures of the self-proclaimed 9/11 mastermind, khalid shaikh mohammed, the first photos since 2003. relatives released the photograph. the red cross took the pictures in july. that's how they monitor treatment at guantanamo bay. >> good news on the unemployment. new jobless claims fell to 550,000. total unemployment total

jo scarborough. she thought they were recording prom os. it's a word. you have used it. >> never. we feel bad. >> there's a lot more to live tv. >> there is. >> it's page three. it's in the daily news. i know it's a local story but it's bigger -- >> you can find it on youtube. >> we laughed. we hope we don't do that ourselves. >> we do. >> for the first time in two years, household wealth in america is advancing, 3.9%. the biggest reason for this are the gains in the stock market. we know we're still off the highs in the original fall from grace. the major stock index, 50% off march lows. that is definitely helping americans out. home prices are starting to rise since 2006. americans have been saving more money, paying down debt. it all adds up to better household wealth. >> a week ago, going down another 13% on house prices. are they already starting to rise? >> another 25%. >> california and other places have seen increases. the ones that were hit hardest and hit first have seen some increases. >> good. government debt -- >> 28%. government taking on debt and households not as m

jo jobs. and you're going to take away jobs from people who are making those signs. so i think that's an antijobs amendment that we have before us. look, the recovery act is working. i think it's frustrating those who predicted it would never work, and they'll predict it never worked till they have a last breath, because that's the nature of politics. you're going to spin it one way or another. but we know the economy is turning around. we also know we need to create many more jobs. and this amendment will not create one more job. i don't believe that it will. and, you know, the fact that we're doing some really good things with this funding, making buildings more energy firveght , upgrading flood protection, let the american people know that their funds are being spent well. now, i think that's being spent well. some of them may see a progra program -- by the way, i'd say to my good friend -- and they don't like it. they say, why on earth are they using my money t do this particular project? let them know. let them know, so if they like what they see, they understand where it came from. if they don't like what they s see, they