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of forbes magazine joins us. then a conversation on the situation in libya with marc ginsberg, who was a mideast adviser in the carter administration. later, george washington university health policy professor on growing medicare costs. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] host: former vice president dick cheney is promoting his new soon-to-be released memoir and he is promising, according to "the hill" newspaper that heads will be exploding all over washington when people read it. he reveals internal battles within the bush administration and criticizes one-time colleague george tenet, colin powell, condoleezza rise and praising president george w. bush as an outstanding leader. a promotional tour by the vice- president is the topic of of the phone segment. we invite you to phone in. here are the numbers to call this morning -- here is the front page of the drug report -- "the drudge report." the headline -- some of the details, if you
of forbes magazine joins us. then a conversation on the situation in libya with marc ginsberg, who was a mideast adviser in the carter administration. later, george washington university health policy professor on growing medicare costs. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] host: former vice president dick cheney is promoting his new soon-to-be released memoir and he is promising, according to "the hill"...
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Aug 20, 2011
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i am david asman welcome to forbes on fox. we'll go to steve and mike and victoria and morgan . victoria, are rising prices hurting the job market? >> sure they are. the data is in and we are seeing acceleration in higher prices is bad news for two reasons. one more unpredictable force in the economy that makes business owners scared unlikely to hire. they will pull back and it shows they are limited in what they can do to spoke growth. that is a clamp on everything. >> it could not have happened in a worst time. market is killed on thursday. it is a worst time for the thing. >> inflation, david doesn't kill jobs but distort the job market. >> what do you mean in false jos. like extra energy . in 1980s. it is a clamp down and sell off assets and you create false jobs and hurt jobs in productive industries and future industries. here we go doing it again. >> and we are looking at depressing figures with jobs connected to the stock market. >> i think so. it is a classic prescription for stag-flation . producer priced inflation and consumers are not getting wage hikes. they are una
i am david asman welcome to forbes on fox. we'll go to steve and mike and victoria and morgan . victoria, are rising prices hurting the job market? >> sure they are. the data is in and we are seeing acceleration in higher prices is bad news for two reasons. one more unpredictable force in the economy that makes business owners scared unlikely to hire. they will pull back and it shows they are limited in what they can do to spoke growth. that is a clamp on everything. >> it could not...
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host: on the screen is steve forbes, president and ceo of " forbes." two-time candidate for president. the headline out washington -- deficit hole will remain gaping, according to the cbo. what do you make on the latest news on the economy? guest: well, it is obviously disappointing. i think the u.s. economy is doing better than expected in the second half. not quite as pessimistic as others. steel orders are up, rail traffic is up and durable goods orders are up -- that news came out yesterday. equivalent to an automobile, 10 miles an hour in the first half and now going about 30 or 35 miles in the second half when we should be on an open highway doing 70 or 75 miles an hour. we are moving but at a very glacial pace given the severity of a recession. usually out of a sharp downturn we get a sharp upturn. we have not had that here. host: unemployment is going to be -- remain up according to doug elmendorf. how important are the unemployment statement and figures? guest: there will be job creation of unemployment and under-and plan it will remain severe
host: on the screen is steve forbes, president and ceo of " forbes." two-time candidate for president. the headline out washington -- deficit hole will remain gaping, according to the cbo. what do you make on the latest news on the economy? guest: well, it is obviously disappointing. i think the u.s. economy is doing better than expected in the second half. not quite as pessimistic as others. steel orders are up, rail traffic is up and durable goods orders are up -- that news came out...
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forbes says it's list is -- forbe -- the list is based on many factors. >>> a fire started in the garage of a home which had been converted to a bedroom. when firefighters arrived, they saw flames shooting 30 feet in the air. the homeowner in the main house woke up and saw a -- woke up and saw a bright orange glow. >> 911, get the kids out of the house. and my brother lives in that garage. the homeowner's brother was living in the garage that she -- she mentioned, she was not there when the fire started. flames also caused some minor damage to the main house. it took firefighters about 30 minutes to put out the blaze. >>> the identity of infamous criminal dp cooper may finally be known. we'll tell you if the fbi is taking the report seriously. >>> so much for expecting a warmup. clouds and drizzle were all over the bay area. steve paulson is up next to tell us if things will change. >>> and nasa revealed new information about mars. charming farmhouse. right next to my posh castle! i'm sensing a theme here. well, i am the queen, dear sister. get your annual ikea catalog today. >>> there w
forbes says it's list is -- forbe -- the list is based on many factors. >>> a fire started in the garage of a home which had been converted to a bedroom. when firefighters arrived, they saw flames shooting 30 feet in the air. the homeowner in the main house woke up and saw a -- woke up and saw a bright orange glow. >> 911, get the kids out of the house. and my brother lives in that garage. the homeowner's brother was living in the garage that she -- she mentioned, she was not...
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forbes magazine is out with its list of the world's most powerful woman. lady gaga made the list. so did first lady michelle obama and melinda gates. but none of them, rita braver now tells us, holds a candle to that force of nature we call cleopatra. >> reporter: she has been celebrated in film. she's been immortalized in
forbes magazine is out with its list of the world's most powerful woman. lady gaga made the list. so did first lady michelle obama and melinda gates. but none of them, rita braver now tells us, holds a candle to that force of nature we call cleopatra. >> reporter: she has been celebrated in film. she's been immortalized in
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summers, and steve forbes. and then washington from afar with california governor, jerry brown. >> the washington of today is suffering and experiencing a crisis. >> and then plus, retired admiral, mike mcconnell, on the looming dangers of international cyber attacks. i am candy crowley, and this is state of the union. a better than expected jobs report was the only upbeat economic note this week, and it was downgraded. that's the first time that ever happened. >> it's a matter of the medium and long-term budget position of the united states that needs to be brought under control, not the immediate fiscal position, it's the one that centers on entitlements and its entitlement
summers, and steve forbes. and then washington from afar with california governor, jerry brown. >> the washington of today is suffering and experiencing a crisis. >> and then plus, retired admiral, mike mcconnell, on the looming dangers of international cyber attacks. i am candy crowley, and this is state of the union. a better than expected jobs report was the only upbeat economic note this week, and it was downgraded. that's the first time that ever happened. >> it's a...
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, inc., steve forbes. then washington from afar with california governor jerry brown. >> the washington of today is suffering and experiencing a governability crisis. >> and the week seen through the prism of 2012 politics with former obama adviser aknee that dunn and former republican congress tom davis. plus, retired admiral mike mcconnell on the looming dangers of international cyber attacks. i'm candy crowley, and this is "state of the union." a better than expected jobs report was the only upbeat economic note this week, and it was pushed off the front pages when one of the three big credit ratings, standard & poor's, downgraded the u.s. government's credit rating, the first time that's ever happened. >> it's a matter of the medium and long-term budget position of the united states that needs to be brought under control, not the immediate fiscal position, it's the one that centers on entitlements and its entitlement reform or having the matching revenues to pay for those entitlements. that's at the cr
, inc., steve forbes. then washington from afar with california governor jerry brown. >> the washington of today is suffering and experiencing a governability crisis. >> and the week seen through the prism of 2012 politics with former obama adviser aknee that dunn and former republican congress tom davis. plus, retired admiral mike mcconnell on the looming dangers of international cyber attacks. i'm candy crowley, and this is "state of the union." a better than expected...
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, the president and ceo of forbes ing, and a former presidential candidate. thank you both. i cannot think of two men better to try and explain to me what to make of the downgrading of the u.s. government's credit rating. let's start with you, steve. >> i think in a narrow sense, it's a political move, and i think it will sound strange for me to say an outrageous move. the government is legally aub lay gatd to pay its debts, and a larger sense about the economy, i think the u.s. economy is in a paralus state. i am surprised s&p would play politics, and the u.s. government can pay the interest and principle on the bounds, but we do have severe economic troubles but will be able to pay the interest and the principle on the bounds. >> larry, i will have to believe you will agree with him, because i hushd this weekend from a number of administrative officials pushing back hard against this, and talking about how immaturish it was talking about how s&p was looking for its 15 minutes of fame. give me your take on why you think s&p did this and do you agree with tha
, the president and ceo of forbes ing, and a former presidential candidate. thank you both. i cannot think of two men better to try and explain to me what to make of the downgrading of the u.s. government's credit rating. let's start with you, steve. >> i think in a narrow sense, it's a political move, and i think it will sound strange for me to say an outrageous move. the government is legally aub lay gatd to pay its debts, and a larger sense about the economy, i think the u.s. economy...
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president forbes, no. i think that only takes you so far, but that is an odd phrasing, isn't, inadequate to his needs as if of course we all need more than a 3,000 square foot sea front mansion, we all need more than that. >> how do you think that a line like that -- you're from orangeburg, south carolina, how is the full thurston going to play in south carolina? if this is deliberate and this isn't just sort of gaffe -- a multiplied gaffe now compounded by the campaign, if they are really doing this, can you imagine, he's going to have to deal with the south carolina electorate sooner rather than later. >> he is, i don't think it will play particularly well in south carolina and he has to deal with that electorate. he's not going to win iowa, he's going to perhaps win new hampshire, then you get to south carolina which has a record of choosing the eventual nominee, he does well there, and the heavily republican sort of rock-ribbed parts of the state, they don't have even 3,000 square foot seaside mansions
president forbes, no. i think that only takes you so far, but that is an odd phrasing, isn't, inadequate to his needs as if of course we all need more than a 3,000 square foot sea front mansion, we all need more than that. >> how do you think that a line like that -- you're from orangeburg, south carolina, how is the full thurston going to play in south carolina? if this is deliberate and this isn't just sort of gaffe -- a multiplied gaffe now compounded by the campaign, if they are...
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earlier on "state of the union" i spoke with forbes chairman steve forbes and former obama adviser larry who despite differences both agree they see politics in s&p's move. >> it is a political move and i think it's really -- it will sound strange for me to say it -- an outrageous move. the government can pay its debts. it's got the wherewithal to do it. in a larger sense about the economy, i think the u.s. economy is in a perilous state. this recovery has been the worst from a severe recession since the great depression. i'm surprised s&p would pay politics. >> s&p's track record has been terrible. as we've seen this weekend, its arithmetic is worse. there's nothing good to see about what they've done. s&p said to sell. warren buffett said to buy. that should tell you something. >> you can see my entire interview with summers and forbes at noon eastern here on cnn. >>> syrian troops have reportedly targeted the city of dara sore ray in an escalating crackdown on anti-government protesters. the arab leagued urged them to halt the violence. >>> four nato soldiers were killed in eastern an
earlier on "state of the union" i spoke with forbes chairman steve forbes and former obama adviser larry who despite differences both agree they see politics in s&p's move. >> it is a political move and i think it's really -- it will sound strange for me to say it -- an outrageous move. the government can pay its debts. it's got the wherewithal to do it. in a larger sense about the economy, i think the u.s. economy is in a perilous state. this recovery has been the worst...
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killed osama bin laden well to talk more of china's military aspirations i'm not joined by author and forbes columnist gordon chang thanks very much indeed for joining us live in r.t. well as the u.s. and indeed other countries throughout the world are looking to curb that military spending thanks to the economic pressures at the moment china is bolstering its might why is it doing that oh china wants to project power of its new aircraft carrier for scientific research and training well of course it's not it's meant to try to countries in the region especially in the south china sea where china's claims the entire body of water is an internal chinese lake and of course china wants to project power not only southwards but northwards towards mongolia and russia they talk about the last territories clearly wants to get the use territories in a later day so it's threatening its neighbors but is it itself feeling threatened. well no country right now threatens china and that really is what is bothering the countries in the neighborhood and the united states because no country. war against fiji ba
killed osama bin laden well to talk more of china's military aspirations i'm not joined by author and forbes columnist gordon chang thanks very much indeed for joining us live in r.t. well as the u.s. and indeed other countries throughout the world are looking to curb that military spending thanks to the economic pressures at the moment china is bolstering its might why is it doing that oh china wants to project power of its new aircraft carrier for scientific research and training well of...
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she's number 31 of forbes's list. she is the author of third world america, how our politicians are abandoning the middle class and betraying the american dream. and arianna joins me now. knowing you, i would imagine you're a bit fed one only being 31 on this list. >> i think it is a great list. and i'm very happy with my placement, piers. >> but quietly you're thinking, hang original i should be at least in the 20s here, aren't you? >> no, no. would you ever be thinking that if you were in any number on that list? would it matter? >> yes. well -- i would be a bit concerned if i'll on the most 100 most powerful women list. but on any list, i think it doesn't mat here you are. you can be bill gates. if you're second to warren buffett, you're really annoyed, aren't you? >> no. that's terrible to think that way. >> this book of yours, which is a fascinating read. it come at a very timely period in american life. i love this quote from you about the american dream. the core idea of the american dream, work hard and advanc
she's number 31 of forbes's list. she is the author of third world america, how our politicians are abandoning the middle class and betraying the american dream. and arianna joins me now. knowing you, i would imagine you're a bit fed one only being 31 on this list. >> i think it is a great list. and i'm very happy with my placement, piers. >> but quietly you're thinking, hang original i should be at least in the 20s here, aren't you? >> no, no. would you ever be thinking that...
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. >> let me bring in steve forbes who is editor and chief of "forbes", and good to see you, steve. are you seeing assurance in the numbers or what are you making to the markets? >> after falling 1,130 points in the last three trading days it is nice to see recapture 186 points from the loss. the key thing from washington, you will have to see a big change of policy either on the stop the weak dollar policy or a serious effort to fundamentally simplify the tax code and one of those two initiatives would be good for the markets, but i don't see that happening quite yet. >> let's talk about what is good for the markets and the economy overall, because there is a couple themes i have heard over and over as i watched the pundits over the last 24 hours, steve. calling congress back and you heard john say that one high level democrat thought that would be highly productive, and the second is that the president should come forward with a specific plan whether it is what you have suggested or something to really start to move the economy. does he have that kind of power? >> well, unfortunat
. >> let me bring in steve forbes who is editor and chief of "forbes", and good to see you, steve. are you seeing assurance in the numbers or what are you making to the markets? >> after falling 1,130 points in the last three trading days it is nice to see recapture 186 points from the loss. the key thing from washington, you will have to see a big change of policy either on the stop the weak dollar policy or a serious effort to fundamentally simplify the tax code and one...
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"forbes" says many of the students there go on to earn prestigious award at high-paying jobs.anked second followed by the u.s. military academy at west pointment amherst, then stanford. two other bay area universities made the top 100. santa clara ranked 67th and u.c. berkeley is 70th. >>> this morning, government forecasters are set to update the outlook for the atlantic hurricane season as the peak period for hurricanes begins. in may the national oceanic and atmospheric administration says it expected above-average season with up to six major hurricanes. today's reforecast comes as the tropical storm emily is expected to make landfall in the haitis southern peninsula. 10,000 people in haiti still live without shelter in tents out in the open following last year's devastating earthquake. this is exactly what they don't need. >> yeah. >>> keeping an eye on the local weather here. mike, we have drizzle out there. hard to see a little bit depending where you are. >> a lot of drizzle. wetness on the road because the drizzle is that heavy. affecting the flight arrival delays in s
"forbes" says many of the students there go on to earn prestigious award at high-paying jobs.anked second followed by the u.s. military academy at west pointment amherst, then stanford. two other bay area universities made the top 100. santa clara ranked 67th and u.c. berkeley is 70th. >>> this morning, government forecasters are set to update the outlook for the atlantic hurricane season as the peak period for hurricanes begins. in may the national oceanic and atmospheric...
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. >> plus, silicon valley woman that forbes now says has more power and influence than either the first or oprah. >> and new technology that could make your next visit to sfo a little less revealing. >> what did barry bonds the night before a big court appearance? he has a hearing today. we'll show you where he turned up last night coming up. >>> welcome back. coming up on 6:43 this morning, we have nothing on live doppler 7-hd. much quieter than yesterday and temperatures will be hotter in the central valley. mid to upper 90s through sacramento and yosemite. 100 in fresno. 118 in palm springs. 90s in l.a. 76 in san diego. clouds and drizzle in eureka and 84 in tahoe. >> bay area tech executive has topped michelle obama and oprah on the forbes most powerful women list. sara sandberg came in number five in the 2011 list while michelle obama slipped to number eight and oprah came in at number 14. germany's chancellor merkel topped the list followed by hillary clinton. in total, six bay area tech leaders and local politician made this year's list. facebook ceo cheryl sandberg is number fiv
. >> plus, silicon valley woman that forbes now says has more power and influence than either the first or oprah. >> and new technology that could make your next visit to sfo a little less revealing. >> what did barry bonds the night before a big court appearance? he has a hearing today. we'll show you where he turned up last night coming up. >>> welcome back. coming up on 6:43 this morning, we have nothing on live doppler 7-hd. much quieter than yesterday and...
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forbes -- here's the top 5 list. number 1, williams college of massachusetts. followed by princeton. west point,amherst college and stanford university. >>> the earth may have had two moons. plantary scientists came up with the theory as the way to explain why the dark side of the moon is much more rocky and mountainous. it could also explain why the moon is slightly lopsided. >>> the job did not go as planned today for the two russian cosmonauts at the international space station. the two spacewalkers ran out of time before they could complete moving a cargo crane, which was their main job. they'll have to finish that during the next spacewalk in february. >>> did the giants snap out of it? sports is next. on "three," say which kid you love the most. ooh, fun, yeah. one, two, three. jennifer. jennifer. whoa. wow. she's so pretty. yeah. or we give it to kyle. it's really all he's got. [ male announcer ] switch to at&t u-verse and record four shows all at the same time. just $29 a month for 6 months. at&t. >>> tonight, we're talk being breaking that losing strea
forbes -- here's the top 5 list. number 1, williams college of massachusetts. followed by princeton. west point,amherst college and stanford university. >>> the earth may have had two moons. plantary scientists came up with the theory as the way to explain why the dark side of the moon is much more rocky and mountainous. it could also explain why the moon is slightly lopsided. >>> the job did not go as planned today for the two russian cosmonauts at the international space...
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. >> forbes magazine calls for them world's most powerful woman, but at home, angela merkel is struggling, fighting for her party in upcoming state elections. she is battling to answer criticism from an increasing number of public conservatives. some unusually harsh words have come from helmut kohl. in a highly publicized interview, his onetime mentor blasted what he called the government's lack of orientation. he said germany has not been a predictable factor for several years now. we must take care not to gamble everything away. we must urgently return to our former dependability. criticism has also come from conservative lawmakers. many openly question merkel's handling of the debt crisis. >> this is a case where journalists have produced a totally inaccurate reports based on a total misunderstanding. >> angela merkel has countered critics by saying her government is working alongside its partners in europe and the rest of the world to master the challenges of these times. >> the u.s. navy has ordered all of its ships to leave the airport and the state of virginia has a hurricane irene
. >> forbes magazine calls for them world's most powerful woman, but at home, angela merkel is struggling, fighting for her party in upcoming state elections. she is battling to answer criticism from an increasing number of public conservatives. some unusually harsh words have come from helmut kohl. in a highly publicized interview, his onetime mentor blasted what he called the government's lack of orientation. he said germany has not been a predictable factor for several years now. we...
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pues de acuerdo a la revista "forbes" jlo es la artista latina mas rica del planeta seÑores...se estimaciende a los 250 millones de dolares..... pues con razon se quiere tanto para dejar al marido???? asi cualquiera se lanza a la solteria.. muchachos que harian ustedes con tanto dinero??? yo me vuelvo loca...realmente....ahi se las dejo... nos vemos a la proxima. take vo ---hace algunos das, la cantante ana brbara sorprendi al anunciar que est esperando a su tercer hijo y segn ella, fue concebido por medio de una inseminacin artificial.. ---pero ahora, una revista mexicana desmiente a la reina grupera y asegura que el beb es producto de una relacin secreta con el periodista jorge ramos... ---de acuerdo con fuentes de esa publicacin, ana barbara conoci a ramos tras finalizar su breve relacin sentimental con un empresario millonario.. ---el supuesto romance con el presentador se habra dado entre enero y marzo de este aÑo.. cu --asi llegamos al final de nuestro programa. --no se pierda maÑana noticiero telemundo 48 a las 6 de la tarde.
pues de acuerdo a la revista "forbes" jlo es la artista latina mas rica del planeta seÑores...se estimaciende a los 250 millones de dolares..... pues con razon se quiere tanto para dejar al marido???? asi cualquiera se lanza a la solteria.. muchachos que harian ustedes con tanto dinero??? yo me vuelvo loca...realmente....ahi se las dejo... nos vemos a la proxima. take vo ---hace algunos das, la cantante ana brbara sorprendi al anunciar que est esperando a su tercer hijo y segn ella,...
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moira forbes.ave angela merkel chancellor of germany and our secretary of state hillary clinton, one and two respectfully. how do you measure who is the most powerful in the world? >> it's a tough task. we look a different factors. women from media, politics, business, philanthropy and entertainment. we look not only hard power, things like currencies and constituencies, but soft power. creative influence. how big of a reach do they have in shaping a dialogue. jenna: how did angela make the top? >> she oversees the fourth largest economy in the world. germany is the lifeboat of the rest of europe. and right now she's one of most influential people in the world. not just women because what happens in europe's economy is going to directly effect what we do in the u.s.. jenna: interesting to see the secretary of state number two. there are rumors and reports what hillary might or might not do. how does she get to number two on this list? >> this is a year wrought with foreign policy turmoil in the mid
moira forbes.ave angela merkel chancellor of germany and our secretary of state hillary clinton, one and two respectfully. how do you measure who is the most powerful in the world? >> it's a tough task. we look a different factors. women from media, politics, business, philanthropy and entertainment. we look not only hard power, things like currencies and constituencies, but soft power. creative influence. how big of a reach do they have in shaping a dialogue. jenna: how did angela make...
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. >>> joining is steve forbes, chairman and executive editor of forbes media and also a presidential candidate. we heard from art he doesn't think this is 2008 over again. what do you think? >> it's not 2008 but a short-term series crisis. a concern about the value of the drar. fed made it clear they will knock the dollar down again and concern that the europeans are not dealing with their sovereign debt crises, not to mention their banks. 20 years ago we had a severe crisis with latin american debt which could have brought our system down. dealt with each country and how do you turn this thing around and restructure their debt and put in policies that got these countries growing again. the europeans are not doing it and people fear the drift. >> people remember the 2008 crisis. that one was about debt as well. another thing art mentioned is the markets were spooked yesterday and you mentioned this as well by the fear that the european bank could go the same way as a bear stearns or a lehman brothers did here in the united states. do you think that will happen? >> i think short term
. >>> joining is steve forbes, chairman and executive editor of forbes media and also a presidential candidate. we heard from art he doesn't think this is 2008 over again. what do you think? >> it's not 2008 but a short-term series crisis. a concern about the value of the drar. fed made it clear they will knock the dollar down again and concern that the europeans are not dealing with their sovereign debt crises, not to mention their banks. 20 years ago we had a severe crisis with...
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forbes -- here's the top 5 list. number 1, williams college of massachusetts. princeton. west point,amherst college and stanford university. >>> the earth may have had two moons. plantary scientists came up with the theory as the way to explain why the dark side of the moon is much more rocky and mountainous. it could also explain why the moon is slightly lopsided. >>> the job did not go as planned today for the two russian cosmonauts at the international space station. the two spacewalkers ran out of time before they could complete moving a cargo crane, which sis, help me create my oasis. ok, romantic garden? oh, is there a castle nearby? no, but there's a charming farmhouse. right next to my posh castle! i'm sensing a theme here. well, i am the queen, dear sister. get your annual ikea catalog today. who should get it? i really love jennifer. yeah, she's great. yeah. yeah. kyle's got that thick head of hair. and that should be rewarded. okay, moment of truth. on "three," say which kid you love the most. ooh, fun, yeah. one, two, three. jennifer. jennifer. whoa
forbes -- here's the top 5 list. number 1, williams college of massachusetts. princeton. west point,amherst college and stanford university. >>> the earth may have had two moons. plantary scientists came up with the theory as the way to explain why the dark side of the moon is much more rocky and mountainous. it could also explain why the moon is slightly lopsided. >>> the job did not go as planned today for the two russian cosmonauts at the international space station. the...
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the s&p downgrade, you will talk about this with steve forbes, right?s you know is ahead of forbes inc., and we will talk to larry summers who used to be the top economic adviser for president obama, and ask them what it all means. over the weekend i spoke to a couple of folks at the white house and they are angry at s&p. i mean, it is -- it's quite obvious. they think in the administration that s&p did this to make a name for itself, to get itself in the headlines. you hear terms like getting their 15 minutes of fame. it's a vanity walk. we will bring these two guys in and say what does it mean, and what do you think is behind it. what does it mean to you and me and the markets, and that kind of thing. we also talked to california governor, jerry brown, because he has a state hard to wrestle to the ground, and we'll get his perspective on washington that is really interesting, and we will talk about the cyber space attacks and the idea that you china, perhaps, has been hacking into u.s. government systems as well as into the big systems of corporations
the s&p downgrade, you will talk about this with steve forbes, right?s you know is ahead of forbes inc., and we will talk to larry summers who used to be the top economic adviser for president obama, and ask them what it all means. over the weekend i spoke to a couple of folks at the white house and they are angry at s&p. i mean, it is -- it's quite obvious. they think in the administration that s&p did this to make a name for itself, to get itself in the headlines. you hear terms...
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. >>> forbes magazine has released its annual list of hollywood's highest earning actors.mber 5 is actor tom hanks who reportedly made 35 million between may of last year and may of this year. actor will smith came in fourth raking in $36 million and actor adam sandler came in third bringing in $40 million. so who are the highest paid actors? you're going to have to wait until after the break. >>> forbes magazine has released its annual list of highest earning act fors between may 2010 and may 2011. before the break, we found out the bottom three on the list, adam sandler, will smith, tom hanks, so who are the top two highest earning male actors in hollywood? johnny dep comes in at number two earning $50 million and leonardo dicaprio, pulling in a cool $77 million. looking for an action packed weekend, you may want to head to the movies and check out "rise of planet of the apes." first let's talk about "the romantic comedy" where justin bateman and ryan reynolds switch lives. one is married, one is enjoying the single life. >> i envy your life. i envy yours. >> i wish i ha
. >>> forbes magazine has released its annual list of hollywood's highest earning actors.mber 5 is actor tom hanks who reportedly made 35 million between may of last year and may of this year. actor will smith came in fourth raking in $36 million and actor adam sandler came in third bringing in $40 million. so who are the highest paid actors? you're going to have to wait until after the break. >>> forbes magazine has released its annual list of highest earning act fors between...
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yes, steve forbes made a very succinct statement. and he's exactly right.ow the tricks that the federal reserve is up to, in their toolbox. my thing about inflation, we know inflation is going on out there in real america. you know, crisis of lumber, hardware, your grocery store and so forth. but what i want in particular is -- so what if we have a little deflation? so what if the dollar is strengthened? and now people go to work. they're more apt to save and put money in the bank. think about putting money in the bank today. you're getting a negative return on your principle. so you really -- you know, that's for each and every american by the hands of the federal chairman. he knows we're getting a negative return rate on our savings. and yet he's on this, you know, dropping more and more money into the economy. and like steve forbes says, helicopter ben. print more money. host: patrick in charlotte. guest: again, if the economy were to slip into deflation if chairman bernanke has made it his life cause, almost, to make sure that deflation doesn't happen i
yes, steve forbes made a very succinct statement. and he's exactly right.ow the tricks that the federal reserve is up to, in their toolbox. my thing about inflation, we know inflation is going on out there in real america. you know, crisis of lumber, hardware, your grocery store and so forth. but what i want in particular is -- so what if we have a little deflation? so what if the dollar is strengthened? and now people go to work. they're more apt to save and put money in the bank. think about...
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forbes on deck. alisyn: a critical test for the republican presidential hopeful, what will one of the moderators ask of them tonight? we'll find out when we ask him. alisyn: oh, what a week for your retirement money. we are seconds away from the -- there it is, the opening bell on wall street. what will be next -- what will the next 7-8 hours hold? we've seen historic point swings, the dow plunged 520 points yesterday. steve forbes, chairman and editor in chief of forbes media joins me now. hi steve. >> good to be with you alisyn, how are you? >> alisyn: i'm okay, i'm trying to hold on for this wild ride, because yesterday obviously the dow went down 520 points, but the day before it had this 600-point rally. what is going on with the market? >> well, what's going on is reflecting the sheer absolute uncertainty about what's happening to the economy, what the europeans are doing about sovereign debt, the health of their own banks, and the federal reserve making it clear they're going to continue to tr
forbes on deck. alisyn: a critical test for the republican presidential hopeful, what will one of the moderators ask of them tonight? we'll find out when we ask him. alisyn: oh, what a week for your retirement money. we are seconds away from the -- there it is, the opening bell on wall street. what will be next -- what will the next 7-8 hours hold? we've seen historic point swings, the dow plunged 520 points yesterday. steve forbes, chairman and editor in chief of forbes media joins me now. hi...
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steep forbes is chairman and editor in cheer of forbes media. and he ran for president twice. great stove you, steve. this is more than a bump we've seen from other gop candidates that get in the race. do you think he's ready for the scrutiny that comes with being the front-runner and with such a commanding lead? >> i think he got the taste of it when he was perhaps overexuberant in criticizing the federal research, so he is getting his footings in terms of the national stage. one thing candidates always have to learn is what worked locally will not work nationally. it's a whole different experience. that's why you would do this now instead of decent or january when you've got the caucuses coming. but the fact he's a governor, had a good record there, where some of the candidates haven't had executive experience is one reason why he's now on top. >> as we observe all of this, this is a republican field as vast as you can get. mitt romney is a wealthy businessman. are you behind any of these candidates yet? >> i'm looking closely. i think in the next few weeks we'll see if any
steep forbes is chairman and editor in cheer of forbes media. and he ran for president twice. great stove you, steve. this is more than a bump we've seen from other gop candidates that get in the race. do you think he's ready for the scrutiny that comes with being the front-runner and with such a commanding lead? >> i think he got the taste of it when he was perhaps overexuberant in criticizing the federal research, so he is getting his footings in terms of the national stage. one thing...
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then 99, steve forbes came in and george w. bush and they had an arms race. spent millions. and over 20,000 people showed up. how many people do you think will show up to the straw poll? >> i think between 10,000 and 20,000 will participate. >> that's 20% of maybe the entire turnout for the caucuses. >> exactly. that would be the second largest turnout in history if it were, say, over 12,000. i think that could happen, even though they're not spending as much money, and you don't have romney and you don't have governor perry on the ballot. so despite that, i think there is a lot of interest. and i think people are really upset about what's going on in this country. the huge debt that we have and the fact that we have over 9% unemployment. iowans don't like debt. they elected me as governor. i defeated an incumbent who put the state deep in debt. and iowans want us to get our fiscal house in order. we have done that at the state level. the federal government needs to do that. we need to focus on jobs. that's why i think you hear republicans focusing on what they have done to
then 99, steve forbes came in and george w. bush and they had an arms race. spent millions. and over 20,000 people showed up. how many people do you think will show up to the straw poll? >> i think between 10,000 and 20,000 will participate. >> that's 20% of maybe the entire turnout for the caucuses. >> exactly. that would be the second largest turnout in history if it were, say, over 12,000. i think that could happen, even though they're not spending as much money, and you...
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and then we talked to steve forbes, ceo of forbes inc. both very good economic analysts. so i expected they come from different ends of the spectrum here as they look at what's wrong with the economy. but the first question out of the bat, of course, was what do you think of this s&p downgrading the u.s. credit rating? and they agreed on that. take a listen. >> i think in a narrow sense, it is a political move and i think it is really, it will sound strange for me to say, an outrageous move. the government can't pay its debts. it is legally obligated to do that. it has the wherewithal to do it. in a larger sense, i think the u.s. economy is in a perilous state. this recovery has been the worst from a severe recession since the great depression but i'm surprised s&p would play politics. >> look. s&p said to sell warren buffett said to buy. that should tell you something about the quality of u.s. bonds. at the same time, this happened because s&p was seeing what most americans are feeling. which is unhappiness with the solution that's are coming out of congress for a critic
and then we talked to steve forbes, ceo of forbes inc. both very good economic analysts. so i expected they come from different ends of the spectrum here as they look at what's wrong with the economy. but the first question out of the bat, of course, was what do you think of this s&p downgrading the u.s. credit rating? and they agreed on that. take a listen. >> i think in a narrow sense, it is a political move and i think it is really, it will sound strange for me to say, an...
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. >>> stanford is close to the top of the best colleges list from forbes magazine. farm ranks number 5. williams college in massachusetts is number one with one of the highest graduation rates in the country and students win many prestigious national awards. in second through fourth, princeton, west point, amherst college. >>> "gq" just released its list of worst dressed men of silicon valley. >> it's a long list, too. so which techie was awarded the dubious distinction? none other than facebook founder mark zuckerberg. the harvard guy. his style sense with a fashion magazine says, he is oblivious to the fact that jeans and ties come in skinny sizes or that suits exist. number 2 is steve jobs for his black turtlenecks and dad jeans. and rounding out the top three, microsoft ceo bill gates for his, quote, harry potter post- hogwarts look. they are brutal. >> that's mean. >> they are all laughing to the bank. >> exactly. >>> call it a massive hiring spree. the big announcement today about the creation of 100,000 new jobs. >> plus a federal law and it's ignored. now sf
. >>> stanford is close to the top of the best colleges list from forbes magazine. farm ranks number 5. williams college in massachusetts is number one with one of the highest graduation rates in the country and students win many prestigious national awards. in second through fourth, princeton, west point, amherst college. >>> "gq" just released its list of worst dressed men of silicon valley. >> it's a long list, too. so which techie was awarded the dubious...
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and steve forbes, the ceo of forbes incorporated. >>> up next, though, we're taking a story away from it away from wall street for just a few minutes. we're going to focus on your street, your bottom line, what this line in history means for your pocketbook. how your efforts to borrow money or credit card rates, interest rates, even your investments could be affected by all of this. this decision to lower the u.s.'s credit rate sglg information all of our viewers need to know. we'll also hear a lot about how much of our debt is held by china. should we be concerned about that country calling for payment? we'll be back in three minutes. and he gives me a variety of options. would you like to have a look at a map, my lad? ah, why not? shall we check on the status of your knighthood? yes. again? yes, again, please! thank you. with my digital manservant, i'll never be homesick again. would you like me to put the kettle on, sir? no, i'd like you to get rid of that ostrich. it's been here a month. [ male announcer ] the new hp touchpad. get it now for $100 off, starting at $399.99. i love t
and steve forbes, the ceo of forbes incorporated. >>> up next, though, we're taking a story away from it away from wall street for just a few minutes. we're going to focus on your street, your bottom line, what this line in history means for your pocketbook. how your efforts to borrow money or credit card rates, interest rates, even your investments could be affected by all of this. this decision to lower the u.s.'s credit rate sglg information all of our viewers need to know. we'll...
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do bay area universities crack forbes list of top colleges in the country? if they're enrolled at stanford, the answer is yes. as for my alma matter, uc berkeley, it came in at number 70, which is five spots down from last year's list. here's the more unexpected part. santa clara university is ranked above cal. 67th in the nation this year, ucla is climbing the ranks, it came ahead of uc berkeley as well. >>> the salvation army held its back to school carnival in san francisco today. 500 children received backpacks and school supplies in the first four hours of the event. volunteers expect to serve 1,500 students by the end of the day. the main goal is to supply low income students with a foundation from which they can have a successful educational experience. >> it's a different time line now. right now a child can't go to a teacher and get a piece of paper and a pen any more. because the teachers don't have it to give out. it makes me feel good that each one of these children gets to start the year off right. included games, face painting and treats and ot
do bay area universities crack forbes list of top colleges in the country? if they're enrolled at stanford, the answer is yes. as for my alma matter, uc berkeley, it came in at number 70, which is five spots down from last year's list. here's the more unexpected part. santa clara university is ranked above cal. 67th in the nation this year, ucla is climbing the ranks, it came ahead of uc berkeley as well. >>> the salvation army held its back to school carnival in san francisco today....
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but first this, "forbes" has released its annual list of hollywood top earnsers.ch actors raked in the dough between this year and last year. rounding out the top five, two-time oscar winner tom hanks. number four has been preoccupied launching the careers of his mega star kids. will smith earns a cool $36 million. and number three, hollywood's third highest earners, funnyman, "just go with it" star, adam sandler. so which tinseltown heavyweights made the most moolah last year? ? are you wondering about your options? with over 30 years of medicare experience, unitedhealthcare medicare solutions can help. just give us a call. the annual enrollment period to switch your medicare coverage is earlier this year, from october 15th to december 7th, so now is a great time to review your situation. i'm looking for help paying for my prescriptions. [ male announcer ] that's a part d prescription drug plan. choose a stand-alone plan, or combine it with a medicare supplement plan. it's all in our free guide. is there a single plan that combines medicare parts a & b with medic
but first this, "forbes" has released its annual list of hollywood top earnsers.ch actors raked in the dough between this year and last year. rounding out the top five, two-time oscar winner tom hanks. number four has been preoccupied launching the careers of his mega star kids. will smith earns a cool $36 million. and number three, hollywood's third highest earners, funnyman, "just go with it" star, adam sandler. so which tinseltown heavyweights made the most moolah last...
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that's according to forbes magazine. number one on the list, german chancellor angela merkel.ry of state hillary clinton second. the president of brazil, chief executive of pepsi, and the coo of facebook round out the top five. melinda gates and michelle obama made the top 10. lady gaga number 11. oprah winfrey number 14. that's for the cbs 5 news at noon. have a great thursday. see you tomorrow. >> caption colorado, llc comments@captioncolorado.com ,, state farm. this is jessica. hey, jessica, jerry neumann with a policy question. jerry, how are you doing? fine, i just got a little fender bender. oh, jerry, i'm so sorry. i would love to help but remember, you dropped us last month. yeah, you know it's funny. it only took 15 minutes to sign up for that new auto insurance company but it's taken a lot longer to hear back. is your car up a pole again? [ crying ] i miss you, jessica! jerry, are you crying? no, i just, i bit my tongue. [ male announcer ] get to a better state. state farm. honey, i can't find my internet cord. oh, i'll borrow hailey's. you're downloading movies. fas
that's according to forbes magazine. number one on the list, german chancellor angela merkel.ry of state hillary clinton second. the president of brazil, chief executive of pepsi, and the coo of facebook round out the top five. melinda gates and michelle obama made the top 10. lady gaga number 11. oprah winfrey number 14. that's for the cbs 5 news at noon. have a great thursday. see you tomorrow. >> caption colorado, llc comments@captioncolorado.com ,, state farm. this is jessica. hey,...
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skin situated just thirty kilometers from the chinese border it gained second place in twenty ten on forbes list of most suitable cities for private business in russia our special report on the way. sharing of times and will strain the situation just a few kilometers from the chinese border of boston exactly a short walk from moscow plus if you don't mind a bit of jetlag you're going to enjoy one of the most attractive cities in russia's far east. of the risk is the region's administrative center home for more than half a million people in a place that really small schools and some a. tourist some locals come out in force to enjoy the city's wide and picturesque west and down by the river saw it there are plenty of places to work on the town of . and for the nature. very close to. now apparently this is one of two places in the whole of russia. in the wild now in eastern tradition the opening of the. spokes to signify the expansion of the soul so i'm hoping that my trip is going to be as well and i was going to start my journey down on the riverbank just over one hundred fifty years ago. it
skin situated just thirty kilometers from the chinese border it gained second place in twenty ten on forbes list of most suitable cities for private business in russia our special report on the way. sharing of times and will strain the situation just a few kilometers from the chinese border of boston exactly a short walk from moscow plus if you don't mind a bit of jetlag you're going to enjoy one of the most attractive cities in russia's far east. of the risk is the region's administrative...
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. >>> forbes magazine released the list of the most powerful women in the world. topping the list is german chancellor angela merkel, followed by secretary of state hillary clinton at number two. first lady michelle obama who topped the list last year has fallen to number eight, michele bachmann is number 22, beating sarah palin at number 34. and on the list for the first time, our own ann curry, number 66. the full list is on our web, nightly.msnbc.com. >>> up next here tonight, news for working moms struggling with the pressure to do it all just right. >>> at a time of so much economic uncertainty, the pressure to perform at work is growing for millions of americans which can be extra hard on working mothers. 66% of women with children under 18 are in the workforce and a new study shows that while overall working women have better mental health, there's a catch. the study also contends that women need to let go of the idea of a supermom. here's nbc's kate snow. >> reporter: elise bohannon scott is working more hours than ever at the epilepsy foundation in maryla
. >>> forbes magazine released the list of the most powerful women in the world. topping the list is german chancellor angela merkel, followed by secretary of state hillary clinton at number two. first lady michelle obama who topped the list last year has fallen to number eight, michele bachmann is number 22, beating sarah palin at number 34. and on the list for the first time, our own ann curry, number 66. the full list is on our web, nightly.msnbc.com. >>> up next here...
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let's look at what steve forbes, made -- look at a common steve forbes made on -- comment steve forbese on "washington journal." >> $1.80 trillion a year. 15 billion, take it. be grateful for it. there are massive regulations already coming. on the data franc bill, thousands of pages of regulations in the pipeline on that. same thing with the health care bill. while they make a few reforms on regulations. for each one they get rid of, there are hundreds that are coming our way. host: talking about the efforts of the obama administration to eliminate or ease regulations. he says they do not go far enough. guest: there is a lot of misinformation out there. steve forbes leading talking point was one of the biggest pieces of misinformation out there. he says regulations cost our economy $1.50 trillion a year. i regret even having to repeat that to make a point. it is such a gross distortion. a very common talking point on capitol hill. it is said uniformly among republicans. everybody knows better, because groups like mine and others and the obama administration have countered it and made
let's look at what steve forbes, made -- look at a common steve forbes made on -- comment steve forbese on "washington journal." >> $1.80 trillion a year. 15 billion, take it. be grateful for it. there are massive regulations already coming. on the data franc bill, thousands of pages of regulations in the pipeline on that. same thing with the health care bill. while they make a few reforms on regulations. for each one they get rid of, there are hundreds that are coming our way....
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. >>> plus "forbes" puts out its list of the most powerful women in the world and you will never guessnumber one. >>> and ladies get your flirt on, the first perfume that's clinically proven that it can attract a man. now that is an idea. >>> and that's the "cbs morning news" for this thursday. thanks for watching, everyone. i'm betty nguyen. -- captions by vitac -- www.vitac.com ty nguyen. -- captions by vitac -- www.vitac.com the "mystery spot". not a mammal in this household is willing to lay claim to its origin. we may never know. let that sink in, people. we may never know. but now? now is not the time for blame. now is the time for action. ♪call 1-800-steemer. >>> your realtime captioner is linda marie macdonald. >>> you don't replace a steve jobs, i don't believe. you don't go find another one of him. that's like lightning in a bottle. >> it's the brainchild and the heart of apple. this morning the tech world is stunned by the resignation of steve jobs. will the company be the same? >>> the threat of a major propane explosion in placer county is now over. why firefighters change
. >>> plus "forbes" puts out its list of the most powerful women in the world and you will never guessnumber one. >>> and ladies get your flirt on, the first perfume that's clinically proven that it can attract a man. now that is an idea. >>> and that's the "cbs morning news" for this thursday. thanks for watching, everyone. i'm betty nguyen. -- captions by vitac -- www.vitac.com ty nguyen. -- captions by vitac -- www.vitac.com the "mystery...
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semi literate, but achieve a loss rate of only 1 in a million; using a system that business magazine forbes ranked in efficiency in the same category as high-tech companies like motorola. >>sawant: the code is unique but very simple. when somebody new joins us it takes about 15 days for them to betrained. and then they know which station to take this to and which office to deliver it to. >>reporter: it's a testament to indian ingenuity, but at its core the business is a workaround -adapting to the often failing colonial and early post-colonial infrastructure that is a feature of much of the sub-continent. >>narula: one of the major challenges which india needs to overcome is to have a realistic assessment of wherethey're heading. it's all well and good for us to say that we want to catch up to china but that requires meaningful planning, meaningful integration between a lot of different agencies >>reporter: india is raising its investment from 4 to 9 percent of national income, ploughing 1 trillion dollarsinto infrastructure from now until 2017. >>the money is being spent to transform place
semi literate, but achieve a loss rate of only 1 in a million; using a system that business magazine forbes ranked in efficiency in the same category as high-tech companies like motorola. >>sawant: the code is unique but very simple. when somebody new joins us it takes about 15 days for them to betrained. and then they know which station to take this to and which office to deliver it to. >>reporter: it's a testament to indian ingenuity, but at its core the business is a workaround...
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this is the latest from forbes magazine. it ranks number 5.ping the list, william college in massachusetts. -- williams college in massachusetts. it has one of the highest four year graduation rates in the country and its students win many prestigious national awards. in second through fourth, police tonight, westbound and amherst. >> no cal, no ucla? what's up with that? >> they were above san francisco. >>> birthday celebrations continue for president obama today. ♪ happy birthday to you >>> he would be a harvard grad. he makes the list. he got a jump-start on the festivities last night in chicago. jennifer hudson led the crowd in singing happy birthday, mr. president. the commander-in-chief turning 50 years of age today. senior staffers are expected to toast the president at a reception later today. >> not quite as sexy as marilyn monroe. >> more g-rated. >> not as breathy. >>> time now 4:45. toxic chemicals in child car seats, the worst offenders exposed coming up. >>> a california teen describes being nearly buried alive. the dramatic res
this is the latest from forbes magazine. it ranks number 5.ping the list, william college in massachusetts. -- williams college in massachusetts. it has one of the highest four year graduation rates in the country and its students win many prestigious national awards. in second through fourth, police tonight, westbound and amherst. >> no cal, no ucla? what's up with that? >> they were above san francisco. >>> birthday celebrations continue for president obama today. ♪...
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. >>> coming up, steve forbes on the volatile stock market and what needs to be done to get the u.s.on track. >>> plus the latest on the capture of the dougherty gang in colorado. >>> and in these tough economic times a break from reality, a look at why hollywood may be recession-proof. >>> that's the "cbs morning news" for this thursday. thanks for watching. i'm randall pinkston. make it a great day. -- captions by vitac -- www.vitac.com -- captions by vitac -- www.vitac.com
. >>> coming up, steve forbes on the volatile stock market and what needs to be done to get the u.s.on track. >>> plus the latest on the capture of the dougherty gang in colorado. >>> and in these tough economic times a break from reality, a look at why hollywood may be recession-proof. >>> that's the "cbs morning news" for this thursday. thanks for watching. i'm randall pinkston. make it a great day. -- captions by vitac -- www.vitac.com --...
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the forbes gang is on it. is a bank mess increasingly looking like a nightmare right over here? . i know you're worried about making your savis last and having enough income when you retire. that's why i'm here -- to help come up with a plan and get you on the right path. i have more than a thousand fidelity experts working with me so that i can work one-on-one with you. it's your green line. but i'll be there every step of the way. call or come in and talk with us today. at exxon and mobil, we engineer smart gasoline that works at the molecular level to help your engine run more smoothly by helping remove deposits and cleaning up intake valves. so when you fill up at an exxon or mobil station, you can rest assured we help your engine run more smoothly while leaving behind cleaner emissions. it's how we make gasoline work harder for you. exxon and mobil. check out huge savings at the bass pro shops fall hunting classic. saturday only, for more specials, visit basspro.com/classic. >> hi everyone, live from america's news headquarters, i'm jamie colby. critical new warnings, the u.s
the forbes gang is on it. is a bank mess increasingly looking like a nightmare right over here? . i know you're worried about making your savis last and having enough income when you retire. that's why i'm here -- to help come up with a plan and get you on the right path. i have more than a thousand fidelity experts working with me so that i can work one-on-one with you. it's your green line. but i'll be there every step of the way. call or come in and talk with us today. at exxon and mobil, we...
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. >>> angela merkel tops this year's forbes list of most powerful women followed by secretary of state hillary clinton. last year's leader, michelle obama ranks eighth. >>> an unmanned russian rocket carrying three tons of food and fuel to the international space station crashed minutes after takeoff. nasa, however, says the station crew is not in any danger. >>> and citing a weak economy, aaa estimates 31.5 million americans will travel 50 miles or more over labor day weekend, a more than 2% decrease from last year. >>> and now the dow opens at 11,320 after rising 143 points yesterday. the s&p grew 15 points. the nasdaq added 21. taking a look at overseas trading this morning, the nikkei inched up 132 points while the hang seng climbed to 85. >>> well, another booming day on wall street was overshadowed after the closing bell by an e icon stepping down. steve jobs issued a stunning resignation as chief executive of apple, the company he co-founded in a garage. the 56-year-old survived pancreatic cancer but has been on medical leave since january with an undisclosed condition. he's bee
. >>> angela merkel tops this year's forbes list of most powerful women followed by secretary of state hillary clinton. last year's leader, michelle obama ranks eighth. >>> an unmanned russian rocket carrying three tons of food and fuel to the international space station crashed minutes after takeoff. nasa, however, says the station crew is not in any danger. >>> and citing a weak economy, aaa estimates 31.5 million americans will travel 50 miles or more over labor...