. >> the super rich. who are they and what are they doing to us? >> whether their residences are in the york, hong kong, or mumbai or here, the super rich are forming a nation unto themselves. >> and how the rest of us think about those who have a lot more of everything than the rest of us. >> it is literally about the difference between the rich and poor. hello. world leaders are meeting in munich for their annual security conference and cyber warfare will be on their agenda for the first time. what is cyber war? russia and the u.s. have warned that the world needs to drawl rules of engagement to stop potentially devastating cyber weapons. we looked at the new cyber battlegrounds. >> after land, sea, air, and space, there is now a new battleground -- cyberspace -- and this domain is like no other because it is embedded in our everyday world, yet most of us are not aware of the threat. >> what the world is waiting for it is an event that will really wake people up. >> this is a cat and mouse game. the attackers are constantly developing new strateg

that's how you stay rich for life! now, here's where it comes down to. we're in an economy that i call a "yo-yo" economy. you're on your own. the two wells of financial support that we've come to rely on, they're both empty. they're both run dry. government and business, they're both broke. business is broke. there's no more pensions anymore. if anything, you have 401(k)s. but that is, that's business' way of transferring the risk, the responsibility, and the cost of saving for retirement from them to you with your own money. that's not security. even the biggest and oldest companies, there's no guarantee they're going to be in business over the long haul like there used to be. they can't guarantee their employees' financial security anymore even when those employees have devoted their whole working lives to that company. they're broke. government's broke too. look what's going on with these bailouts, hundreds of billions-- billions with a "b," like bill gates-- billions, hundreds of billions in bailouts. where are the

we shouldn't resent rich people. we should want more rich people. we're out in a competitive world environment as the president noticed last week. it's critical we recognize this rather than put up walls as we have in the last four years around the country. we've got to get the immigrants, focus on free trade, cut the corporate taxes and stop this totally crazy spending and trying to just tax, tax, tax and say wealthy is bad. wealthy is good. it creates more innovation and that helps everybody. tavis: i don't think -- since you went there, let me play along with you, you can't talk about this, can't talk about innovation without talking about politics, particularly given your comment that there are things government can do we brought the politics in, let me follow ahong. i don't know anyone who thinks being wealthy is a sin. everyone wants to be rich. the point is the gap between the have gots and continues to widen and at best, when the president talks about innovation, i'm just playing devil's advocate, he's talking about a handful of americans wh

where you invent stuff for the rich world. you understand the costs of what to do better and better and then sometimes as late as 20, 30 years later it's available to the developing world. even which-- which isn't perfectly just-- is off the table if the disease doesn't exist in the rich world. like in the case of aids where it's... the prevalence is low enough that the rich world can afford to put everybody on drug treatment but the world as a whole because of the poor countries can't. it won't have enough money to put everybody on drugs. that means that a sense of urgency, the willingness to cut through regulatory things and move past isn't very strong because the rich world feels okay about that disease whereas really it's still a crisis. it means a lot more urgency. >> rose: speak to me a little bit about vaccines as a tool of what you have learned about vaccines and why it is a primary focus of the foundation. >> in health if you take the first percent of spending, say, on vaccines or taking care of mothers and babies, le

live the life of the rich and the famous big houses nice cars boats private planes and a staff to wait on your every need i hear that it's really nice you see here in the us the rich have it all while the middle class and the poor often get screwed over by just about every single politician in both parties case in point president obama's proposed twenty twelve budget it's expected to be released next week and the white house will only say that there are shared sacrifices that we all must make to take this deficit now while not all details of the budget have been revealed there are a few things that are starting to stand out here so what i'm going to do is compare what little we know about obama's leaked budget blueprint to mine you see obama is supposedly going to call for taxes to be raised on the rich now keep in mind this comes really just a couple of weeks after he signed the tax bill passed in the lame duck session of congress they gave tax breaks to the rich in this country for another two years so realistically a republican led house is never ever ever going to let that happen.

the rich don't get rich because of government, they get rich because of themselves and when they put product on the line that people buy. the government, on the other hand, does not create wealth. they only create debt. every time you hire one of those suckers, somebody in the private sector has to pay a debt. think about what we do for government. they are very, very rich because of the private sector. they have a generous retirement pay, they have a generous health-care pay, and because of the private sector, not because. because. of government. it is like old egypt when you had the pharaohs and the serbs had to go out in the fields and give 90% of what they made to government. this was the same during the slavery times in america. those people were out in the field giving all to the slave owners. we have the ruling class, government, taking all the riches of america unto themselves and then they have you believing that the problem we have is the rich man who went to work and earned what he got today. i want to be rich one day. i don't want government telling me when i can be rich

right now tax rates in the country are at their lowest in fifty years especially tax rates for the rich and corporate tax payments which were around thirty percent of total federal income during the eisenhower administration are now less than seven percent of total income so it comes. balancing the budget should we raise taxes on billionaires and profitable corporations like exxon mobil most profitable corporation the history of the planet going back to the roman empire that paid no us taxes last year first before cutting critical of urgency services that lead to dying children b.s. is another one of those first. budget cuts somebody is missing somewhere this person died this thing happened it doesn't assume it's true it just makes a good talking point you know you can't have only limited government which is what really we almost have in this country. the national what is almost twice what it was when bill clinton left office so we've already had it just overwhelmingly increase in spending the rest of the debt i mean the dead has gone out of the actual budget but three point seven trill

spreading like wildfire through the middle east and north africa only raging in only here or your rich countries that helped fuel the world's use of more than eighty four million barrels of crude a day. uncertainty over production has sent prices soaring meaning the shock waves from the middle east turmoil are being felt worldwide will is a most valuable resource on the planet today could be. extremely hard now the mideast crisis is hitting home for outrage americans prices have skyrocketed so too have the prices people pay for gasoline and now the price americans pay at the pump is threatening to derail the u.s. economic recovery a surge in oil. prices will be the end of the u.s. economy not just an end to the recovery there's no more bailouts like a reality peak oil expert michael c. rupert sees happening it or oil hits one hundred fifty dollars a barrel which he believes is inevitable this year others predicted going to two hundred twenty dollars it's so devastating because oil. fuels more than just cars. it fuels the entire global economy. though there's no doubt that if gas goes t

well, on the sugar islands, the planters are getting really, really rich. they are getting so rich, they don't even have to live on the islands anymore. they move off to england. the plant you may own 2,000, you know, 2,000 people, acres and acres in jamaica, antigua, but you live in london, and when you live in london, you can go to parliament and you can make the laws in england, and you can make laws that says everybody in the english empire must eat sugar only from british islands, and you know who gets mad about that? the americans. the americans say no taxation without representation. how come the sugar island owners are so rich they can live in london. we can't live in london. that's not fair. we want to be independent, so the beginning of the drive for the american revolution comes when the americans say i can't stand these sugar laws that -- >> [inaudible] >> the sugar tax, exactly what you said, you're so right. the beginning of that american revolution is started as the americans are angry over the british planters. we've mentioned the industrial

and the ultra rich as opposed to the rich and the poor which are the divisions politically that we're seeing a lot of these price movements are temporary but we are looking at a situation where we are looking at globally in facial inflation being driven by demand that global growth story is still very much intact but it's being fueled of course by these macro economic events. or on gas stocks that have the best of the week here in russia they've benefited not just from the rising oil price but also from speculation in the media that upcoming tax reforms could see them operating under a more favorable regime. there's a secular theme in russia of the tax reform which seems to be finding support even in this difficult environment. of the market sell off and we think that all names that are exposed to the could exploit such as you have to. be out the former in the market towards the end of the week. here in russia markets were closed for a national holiday was on wednesday european stocks finished in the red with investors concerned about the unrest in the middle east. for gas the weight

it is a rich community in culture and talent and heritage. we are the defendants of people who build great cities like casa blogging, baghdad, cairo, jerusalem, damascus -- casa blanca. we are the people of the world who have given the world great profits and religions. -- great prophets and religions. thank you. [applause] >> every year that i have been in city hall, i have tried to take an intern from the community and try to teach them the ways of politics to make sure we have leadership that keeps coming, so eventually, we have candidates for office. like when a friend on the school board. is she here? -- like winifred on the school board. a couple of years back, i was wise enough to bring on an intern that has made all the difference for our community, especially with arab heritage month. he worked so hard for last year's event and has made this year a success. we were really concerned about timing, and we were not sure he would get to it, and shadi came to me and said that we had to do it, had to continue the tradition. without his work

but on the sugar island, the planters are getting really, really rich. they are getting so rich they don't even have to live on the island anymore. they move off to england. he mailed 2000, you know, people people -- acres and acres in jamaica, barbados, antigua, but she lived in london. and when you live in london, you can go to parliament and make the laws in england and you can make laws that say everybody in the english empire mesquite sugar only from british islands. and you know it's not about that? the americans. the americans say no taxation without representation. how come the sugar island owners are so rich they can live in london? we can't live in london. that not fair. we want to be independent. at the beginning of the drive for the american revolution comes when the americans say i can't stand these sugar laws that you west indians -- the sugar tax exactly what she said. you are so right. the beginning of that american revolution is started as american are angry over the british plan to. we mention the industrial revolution. we've mentioned

rich besser, is here. what is it, rich?> reporter: well, you know, menopause is a time of increasing risk of heart disease. and we know that heart disease is the number one killer of women. so, this is a perfect time to take a look at your health and take a look at your lifestyle. if you're a smoker, you can try again to stop smoking. you can look at your diet and exercise and know that small changes there are going to improve the quality of your life and the length of your life. >> so, think of it as a wakeup call of some kind. >> reporter: that's right. >> good to see you tonight, rich, thanks. >>> and when we come back, trapped in the rubble in an earthquake. but now, celebrating life. omyal, thought to be the result of overactive nerves that cause chronic, widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and with less pain, i can do re of what matters to me. [ female announcer ] lyrica is not for everyone. lyrica may cause serious allergic

all of the world resource rich countries become what i call the rich countries poor people. countries that are not able to sustain the first. economic base that is necessary for long term growth instability colleague murielle roubini dr doom mentioned that there's a high risk the g twenty will become a g.'s zero because there is no country was going to pose the united states and come forth as the leader of financial regulation is that possible always absolutely right if we continue going down the route of unanimity it will be taking zero. and you know to be frank i am not sure that there will be the willingness to go through the kind of lame work of broad consensus that i'd advocate the failure of the global community to solve a lot of this problem doesn't immediately lead to disaster it just means that we will have a less prosperous global economy and a more unstable global economy so where do you see the main risk for economic growth right now to try to do the energy crisis. there are some to patients of the two thousand a crisis or was that it was the high proven energy c

is there concern in the corridors that this contagious will spread to the rich oil producing countries in the gulf? >>friedman: in a word no. the concern is more about egypt. we have seen violence and unrest in egypt this week.we've seen definitely that the post tunisian situation is emboldening north african nations. there's a whole another story playing out in lebanon where hezbola is now calling the shots. but i would say the saudi arabian situation in the gulf emirates are not at risk from this kind of uprising. for a variety of reasons that are about security, bout the way they run their systems. and about the fact that when you have more money and you actually give it to more of your citizens, as they doin the abu dhabi, dubai, qatar , bahrain areas., there's less incentive to revolt. whereas in the poorer countries, where there is grinding poverty, that is the risk. >>at the world economic forum 5 years ago, the general view was that the fast-growing economies of china and india would overshadow the smaller emerging markets of south east asia. instead asean has been boosted by t

the rich take care of the rich. and, boy, human history has borne that out. so i would break, as i'm a huge admirer and friend of ralph, but i would break with him on that one. yeah. i don't think the super rich are going to save us. >> we have time for one more question. >> okay o. right over here with the red hat. >> it's purple. >> purple. [laughter] >> [inaudible] >> so thank you for coming. i heard you on the radio this morning, first time i've listened to the news in a long time. i have a question regarding to the fact that every time i spend money, we're voting to keep those things in business, right? >> yeah. >> and christmas is right around the corner. i thought, i'm 23, a lot of family i could buy presents for. and if we're spending money which is, obviously, supporting these big businesses which support, like, the propaganda and the media and support all these things that keep us down as, you know, the lower class people, why is it this group, like, what can we do especially like us young people? how are we supposed to, like, overturn this? is it j

these communities have brought their rich cultures to america. the troy the american feast, the tradition here is always immigrants from ireland, the jewish community's coming from east europe and so on bringing the rich culture to america. this is what they have done it number three, islam remains a very fast growing religion in the united states of america. paradoxically after 9/11 the koran sales rocketed. americans are curious people and want to know what is this religion so much in the news which is controversial? one of the interesting things i found as an anthropologist we were looking at figures of the american converts to islam and african-americans, we have a full chapter on african-american muslims, fascinating chapter. we were impressed by some of the african-americans, unfortunately they don't get the importance the should be getting and they are very wise americans and muslims, but i was fascinated by white women converting to islam and three of four converts to islam are women, and i asked myself and i told my team go and find the

see >> the persian gulf, is oral- rich oil-rich. with tear gas, hospitals and rubber bullets.to control the riots. >> and libya. the 40 year rule with pictures on you tube are showing that a police station is on fire. and with at least 20 demonstrators have been killed. still unconfirmed on this number. >> yameman, pro and anti- government fought with each other. the protests are spreading through social media. >> facebook. and all of these changes happening. >> on friday is muslim holy day. they are set for tomorrow in yet another country this time, algeria. >>jacqueline: and with this for any pattern of finally coming to an end. at least tomorrow morning. saturday should stay dry and sunday. your weekend forecast, coming up. live from the kron 4 news station, this is the kron 4 news. at 4:30 >>pam: at 4:30, tracking the storm in the san francisco. with their umbrellas. wet weather braving this storm. and a huge tree on the main library parking lot. and even a mini van. and tire chain laws in the sierras. everybody going to lake tahoe. first, jacqueline? >>jacqueline: first,

and rags to riches story. my father had to start all over and that is what he did. the parallels exist. i am incredibly thankful how hard they have worked and what they have accomplished is more than anybody could do i have children so i try to spend more time with them. breaking the chain, that is one of the things there is a redemption and a lot to learn and it was a journey of self discovery and when i go back going back to italy to a poker may june 2001 and what an experience that was. to us to walk the streets and smell the air it was not enough to read about it in a history book. i always encourage people to trace your lineage and it is rich in history. >> host: is that the big take away? >> one of many. the american dream mess still alive and that is another one and tenacity and ambition and the american dream is what i want them to take away. >> host: i think we should open two questions. i have not looked at the time i can't come up with more. there is a lot and the book. . . mostly people who worked

[cheers and applause] and then harry reid will have the very rich opportunity to join speaker pelosi, now nancy pelosi and the new minority. more importantly, common sense and a new hopefully conservative majority will run the united state senate. and don't think a conservative

[cheers and applause] and then harry reid will have the very rich opportunity to

thanks, rich. >> thank you. >> suzanne: monday, we tackle super bowl commercials. and ask, did advertisers get their money's worth? beyond the scoreboard looks at how time warner hopes to heat up sales of its annual sport illustrated swimsuit edition. also next week, our market monitor guest is frank cochrane of investment timing consultants. and we'll see quarterly results from walt disney, coca-cola and pepsico. ally financial, the lender once known as g.m.a.c., has picked four banks to handle its return to life as a public company. citigroup, goldman sachs, j.p. morgan chase and morgan stanley will reportedly lead the i.p.o. uncle sam still owns 74% of ally, after bailing it out with a $17 billion loan during the financial crisis. ally is not commenting on the i.p.o. detail and the treasury has hired its own advisor for the deal. >> tom: 2010 was a good year for most chrysler dealerships. eight out of ten finished the year with a profit. for the most part, that money was used to upgrade or expand their dealerships. chrysler c.e.o. sergio marchionne says he's rel

rich, indulgent chocolaty brownies you don't have to open your oven... just the refrigerator.eady-to-eat pillsbury sweet moments. find them in the refrigerated section of your store. with cinnabon cinnamon have such a sweet and delicious aroma that my family can't wait to get their hands on them. enjoy cinnabon cinnamon... now in all pillsbury cinnamon rolls. >>> texas congressman ron paul has won the straw poll at the conservative political action conference better known as c-pack. yesterday he won the poll with 33% of the vote. former massachusetts governor mitt romney finished second with 23%. some heavy weights lagged behind. newton gingrich finished 5th with 5% of the vote. sarah palin got 3% and former arkansas governor mike huckabee took 2% of the vote. major conservative figures gathered in washington to find their choice to run against president obama. mississippi governor hayley barber was extremely critical of president obama saying his economic policies have been more hostile to job creation than any other administration. >> now, after his policies have contributed

another key component included an art project that responded directly to the hospital's rich history.sing archival images and artifacts, had designed 16 intricately woven tapestries that are inviting of significant events that shaped the hospital and the community over time. a >> it attracts a lot of visitors, and they are all and all - -in aw -- in awe over the variety of mediums used. >> i think we have given the city of san francisco and the residents an incredible art collection. it really encourage people to come and visit the new facility, also to see the arts. >> for more information, visit sfartscommisis >> welcome to culture wire. the arabs don't possible has bringing you the best of the arab film to the bay area. this year's festival is no exception. consider the most important arab film festival outside of the arab world, the festival offers a rare window to the arab world and its diverse community. featuring 24 films from over 18 countries, it is also one of the only four runs that showcases new works by established and emerging arab filmmakers. the possible films in four

during what was called by the super rich "the social season." 11 properties have been acquired by the preservation society of newport county. the society is dedicated to preserving this rich heritage and offers fascinating guided tours. for more information, visit our website, teenkidsnews.com. >> nicole: in newport, rhode island, for "teen kids news," i'm nicole. >> mwanzaa: that wraps up our show, but we'll be back soon with more "teen kids news." >> thanks for joining us, and have a great week. >> write to us at info@teenkidsnews.com. >> now, a paid presentation for meaningful beauty by cindy crawford. >> this is your chance to discover the natural secret that's helped cindy literally turn back the clock on visible aging. >> hosted by valerie bertinelli, with special guests from gossip girl and ncis. >> brought to you by guthy-renker. >> hi, everyone. i'm valerie bertinelli, here in hollywood together with an amazing group of ladies. and we're all very excited, because in just a few minutes supermodel cindy crawford is going to come out and s

now we have to depend on these ultra, ultra, ultra rich who may have their own baggage," but they're the ones who are going to actually make our country better, or our world better? >> yeah, i selected them because they're enlightened, in advanced stage, had a different perspective on life, and had a lot... were willing to put billions of dollars into mobilizing the grassroots. so it's the top down, bottom up. justice requires money. it requires money for lawyers, for organizers in the communities. it requires money for transportation. it requires money to constantly reach people directly. and people don't understand. the abolition of slavery movement? a lot of it was funded by proper bostonians in the 19th century. the civil right movement? try the curry family and the stern family in the 1950s and 1960s. they poured a lot of money. i mean, these people didn't go south, you know, by hitchhiking and the freedom rides and so forth. naacp was supported by rich people, so we... >> hinojosa: so this notion that if you're wealthy or you've made money, therefore you're aligned with corpora

. >> but the taste experience is filled with richness, i'd be tempted to sample. >> you don't stop yourself. you know? it's not like in the movies. there is a production line, one in the box, one in the mouth or something like that he came here from northern germany, opening the store in 2004. now, it's valentine's day meaning special chocolates in packaging designed by his artist wife. >> i do make this fresh. can i not start in december to stock up. i work long hours to last two weeks. >> and you have to be here, you can find his chocolates around the bay area. he says he's keeping it small. and his shop is right next door to... a weight watchers.

as violence spreads throughout the whole rich middle east the world faces a surge in fuel prices threatening to drag economies into a new meltdown. that we can it's failed as british justice for handing him over to sweden sparking accusations of hypocrisy over how the u.k. has those facing far more serious charges. not one but three mascots will be the symbols of the search the twenty fourteen winter olympics with the snow leopard getting the most votes to be accompanied by there and a poll of their. life from our studios in central moscow this is our team twenty four hours a day continues to spread across libya as antigovernment protesters are back on the streets demanding an end to his rule reports also suggest that in the capital tripoli security forces are arming civilians loyal to the regime that comes after scores were killed on friday as army forces once again opened fire on rioters bring in the death toll to over one thousand nine hundred nations of the skies to draft resolution on sanctions against libya lottie's people of getting across the governments from neighboring egypt it app

another key component included an art project that responded directly to the hospital's rich history.sing archival images and artifacts, had designed 16 intricately woven tapestries that are inviting of significant events that shaped the hospital and the community over time. a >> it attracts a lot of visitors, and they are all and all - -in aw -- in awe over the variety of mediums used. >> i think we have given the city of san francisco and the residents an incredible art collection. it really encourage people to come and visit the new facility, also to see the arts. >> for more information, visit sfartscommis >> welcome to "culturewire." for the past year, the arts commission has been participating in the city's effort to revitalize the central market street corridor. in addition to the thursday arts market and are in store front, the art commission recently launched the artery project. for the next year, the artery project will bring energy and excitement to market street, recalling the st.'s heyday as san francisco's vibrant and bustling theater district. >> un.n plaza during busin

at&t is happy to be a part of this rich and beautiful tapestry of the city. as a new resident -- i just relocated this summer. one of the first people i met when i arrive this summer was then-city administrator ed lee. i am so grateful to now be celebrating with you with our first chinese-american mayor in my new home of san francisco. thank you so much for letting us be a part of this wonderful evening. we wish you a happy new year and please enjoy the events afterwards. thank you. [applause] >> thank you, mark. thank you to at&t. we have many officials joining us for the celebrations this evening. i see supervisor david campos is with us. [applause] supervisor ross mirkarimi. [applause] and supervisor malia cohen. [applause] where is supervisor scott wiener? [applause] thank you for being here. we have our district attorney mr. gascon. public defender jeff a adachi. and our fire chief, joanne as white. [applause] acting city administrator, amy brown. [applause] port director monique moyer is with us. [applause] and from senator mark lino's office, susan sli

it is the gipper uber rich, the greedy. -- it is the uber rich, the greedy. host: let's take a look at the indianapolis star with this big headline. joining us on the phone is mary beth schneider, a political reporter at that paper. guest: good morning. host: who is holding the cards right now? guest: it is hard to say. the democrats have the numbers to stay out. it is a question of how long they are willing to do that. the republicans can bring back a lot of the things the democrats are objecting to even if they die in the first half of the session, they can be amended in two other bills later. yesterday governor said that even if they pass a budget, if they don't deal with the education reforms that he wants -- and those include changes to collective bargaining for teachers, expanded charter schools, and in particular the vouchers to send children to private schools --if you keep calling them for special session until new year's and this could go a long time. host: is that different than what's going on in wisconsin? guest: wisconsin is more about public em