twenty two spending which is another lockheed product that month he went to work for lockheed martin on their payroll he left the pentagon went straight to that company now it's absolutely clear from that that there's no way that he could have been making good decisions on behalf of the taxpayer and he had his eye on the exit and that's just legal corruption that's rampant all over the pentagon and it's something lockheed martin relies. now we actually asked and figure is here to talk about how much life it is you know involved how much money they like to give and this comes from the sunlight foundation so since one thousand nine hundred ninety lockheed has given twenty three million over twenty three million dollars basically in campaign financing they spent one hundred twenty five million on lobbying hiring some of the biggest republican and democratic lobby for his washington received over twenty million earmarks received thirty one grants and fifteen thousand plus contracts in the federal government and had two hundred fifty seven of their people on one hundred thirty five govern

thirty five lockheed martin and they might face a penalty they might lose the trust of the government to be awarded so many contracts unfortunately it's far from the case and found a lot he just secured a major strategic win in the obama administration's twenty thirteen budget request lauren thomson is a former lockheed advisor and he claims that basing this on excessive influence over government is. early august a conspiracy theory but i bet that we can prove wrong so joining me to discuss it is derek crow political director of new foundation kerik thanks so much for joining us tonight and i know first of all when you look at this twenty thirteen budget that's been proposed by the obama administration do you see lockheed martin as a clear winner. well i think lockheed martin has is and has remained a winner for years despite the fact that they're one of the most corrupt and guilty of misconduct companies that does business with the federal government and i just have to say you mentioned lauren thompson's article i mean i think we should take lockheed martin and give them a little bit

we saw this when lockheed reported back in january.ompany delivered a gigantic 19 cent earnings beat off $1.95 basis. yeah, 10%, thanks to stronger than expected margins, but more importantly, a dramatically reduced share count. third, this is one of the most shareholder-friendly sectors out there. and lockheed martin is the friendliest of them all. with a 4.5% yield and a buyback big enough to matter. and that's not nothing. it's almost like auto zone. remember that one? azo keeps going up? plus the company raised its dividend every year since 2003 and get this, it gave you a 33% boost since september, one of the largest we've seen in some time among all sectors and it's likely that lockheed martin is going to increase that dividend again. think about the yield, it stays right here. in fact, if you had to buy the stock, lockheed would be the one to own, with its cash flow, executions, and most importantly the ability to expand further into international markets to escape the pain of u.s. budget cuts. people want that. keep in mind, no

thirty five lockheed martin seems to have a very cozy relationship with the government lockheed martin scored what many saw as a major victory in the obama administration's twenty thirteen budget so lockheed will have a monopoly on the fighter industry in the united states just last week alone and talk to derek crowe from brave new films and he had this to say about the relationship between the government and lockheed martin the f. thirty five is a prime example it was approved by a gentleman in the pentagon named pete aldrich who right after he got done approving that spending and then submitted twenty two spending which is another lockheed product that month he went to work for lockheed martin on their payroll. oh surprise surprise the revolving door played a part in the beginning of this after the five disaster and let's not forget the other project our brought up the f. twenty two another lockheed martin project plagued with issues remember last fall when the entire fleet was grounded after they found antifreeze an oil fumes in the blood of the pilots sounds like a program that's o

and talk about why some continue to move forward and some are dead on arrival so first there's a lockheed martin and more specifically the f. thirty five program being developed for the pentagon. because as you see there are nearly one trillion dollars to develop purchase and support this through twenty fifty unfortunately there are already more than a billion dollars over the budget and the government has agreed to cover six hundred seventy two billion dollars of that hoops mistake and lockheed martin will cover the us. there's this project on high speed rail in california the estimated cost ranges between thirty billion and one hundred billion depending on who you ask and despite this project being in the works for years as of now it's . still a train to nowhere so why is one of these projects going forward and the other well into railed well i want to talk more about that with someone very familiar with the defense industry michael o'brien a former contractor for the department of defense worked in iraq he also wrote the book america's failure in iraq michael let's start with this exam

lockheed martin ceo and jpmorgan ceo jamie dimon will join us. let's peel back the foil on the at a timer tots. >> this is what else we have coming up from the mother ship. the real i conmy, how many do you have? cnbc's all-america survey is going to give us an unbelievable look at just how big apple is right here in america. in the meantime, the big story of course is the markets today. the big selloff has the strong quarter really limping to the close. the dow, the s&p and nasdaq with their worst day in more than three weeks. well, despite monday's big rally all three are barely holding onto weekly gains. the nasdaq's biggest loss in three weeks comes despite further all-time highs by apple, we just mentioned. more on apple in just a second. in the meantime look at what's going on with oil. it's touching its lowest level in about three weeks and gold extending its retreat from a two-week high not able to breech the resistance around $1,700 for one troy ounce. bob, i wasn't aware gol d di locks suddenly left the building. >> material stocks, cop

martin basically this shows that since i've made i lockheed martin spent more than twenty three million dollars on campaign financing they've spent more than one hundred twenty five a half million on lobbying and they've also received more than twenty million dollars and earmarks now i know michael this should not be stocking but it still is . i mean what do you think no lobbyist no dice this is this is an example par excellence or excellence of the military industrial complex which are right about it in my book. you just showed the numbers money talks. we want to defense contractor stands that kind of money they are buying boots they are they are bought they are a pain for politicians to vote in favor of. this particular weapon system and that was michael o'brien author of america's failure in iraq. another major story this week the latest in the massacre in the afghanistan incident allegedly carried out by a single shooter a staff sergeant roger robert bales is now going to personally charged with seventeen counts of premeditated murder in a shooting rampage in southern afghanistan ba

government has agreed to cover six hundred seventy two billion dollars of that it's a mistake and lockheed martin will cover the russe. and there's this project high speed rail in california the estimated cost ranges between thirty billion and a hundred billion depending on who you ask and despite this project being in the works for years as of now it's. still a strain to nowhere so why is one of these products going forward and the other in darrelle well i want to talk more about that was one very familiar with the of defense industry michael o'brian a former contractor for the department of defense worked in iraq he also wrote the book america's failure in iraq michael let's start with this example of this f. thirty five which by the way i think has been in the works since the one nine hundred ninety s. it was supposed to be up and ready and going by i think twenty ten now they're projecting a won't be at doing anything at least until twenty eighteen so that's still in the works is still happening and the compare that to this high speed rail which would be a revenue generator would help

lo was the policy achieve at the pentagon during the obama administration as well as being a form lockheed martin executive. thanks for being here. >> thank you, vago, it's a pleasure. >> let's start out, what does the shift from cost accounting standards to general accounting standards means? >> this is one of the incredibly complex issues that i've had to deal with and so at the risk of simplifying, i'll give you kind of my view on this. the first issue is that there's what's called the aricea or pension protection act and that is the requirement that congress passes to how firms should contribute to the pension funds. so this is a cost to a company. and then there's the cost accounting standards and the cost accounting standards is another government procedure in which contractors who have cost contracts, remember, those are only 25% of all government contracts are reimbursed for their pension process. so back in the '70s when arisa was passed and when the cost accounting standards were first put up, arisa and cast were harmonized, in other words, if you had a union welder and they were

think about, when you were talking about rock 'em, sock 'em robots with products, is boeing and lockheed and some of the contracts that were happening here in town recently. you're right, there's very few where they're willing to go head to head because of the damage or the blowback that will come from something like that. what i was curious about was if you apply this to a different industry, i'm in higher education. one of the things that we're facing is for-profits. which is getting a lot of headway because of the advertising that they're able to spent. and because it sort of overwhelms, probably not unlike what state farm and awlstate thought about geico. just the amount of money being thrown out to advertise. does that change perception and how do you avoid getting blowback as a sector?ome the brands try to play is, okay, we can't do it head to head. if i can do it as a sector, if i can do it ate as trade group or advocacy group as a coalition. i was wonder if you could talk about that. >> i have a wife who's a teacher so i have to be very careful talking about education. i think th

martin basically this shows that since one thousand eight hundred lockheed martin has spent more than twenty three million dollars on campaign financing and they've spent more than one hundred twenty five and a half million on lobbying and they've also received more than twenty million dollars in earmarks now i don't michael this should not be shocking but it still is . i mean what do you think no lobbyist no dice this is this is an example par excellence or excellence of the military industrial complex which are right about it at length in my book. you just showed the numbers money talks. when and when a defense contractor stands that kind of money they are buying votes three or they were bought they were paying for politicians to vote in favor of this particular weapon system that was michael o'brien author of america's failure in iraq. well it's not a secret there is often a fine line between crossing the line and speaking the truth and in the game of politics that most people err on the side of political correctness but for comedians well sometimes the truth is the best ingredient

say i listen now first i want to respond to if you would watch my interview with jared crowe on lockheed martin's a lobbying prowess the three one one one commenter on you tube of law he didn't do all that lobbying some other company would come in to the exact same thing don't hate the player hate the game and i certainly agree that the entire system is beyond screwed up there has been for a long time but that doesn't mean that some players in the system are worse offenders and others i think that's a specially true for certain defense contractors were all companies are not created equal the former blackwater stands out an example of that to me so yes the entire system needs to be overhauled but that definitely doesn't mean that we can't stop calling out the worst offenders and lockheed martin being one of that next i want to respond to a viewer that watched our interview with raw stories stephen webster on the n.s.a. chief denial of domestic spying to congress they've kroeger comments on facebook i always feel so much more secure when congress is grilling corporations and government age

t speak about obama's nominee for the world bank and bank of america's right to rent program and lockheed martin won big in the obama administration's twenty thirteen budget and some are trying to claim that it's because we're simply better than the rest not though we're going to take a look at the money trail or you have all that i wore for you tonight including a dose of happy hour but first let's take a look at the mainstream media has decided to. write so let me just start this one off by talking about a piece of news that considering the track record of this administration because none of us can really find all that surprising the administration has proved new counterterrorism guidelines for how long it will national counterterrorism center or the n c t c that whole data of yours here's a little breakdown about it from fox news. embattled attorney general eric holder signing off on new rules allowing the u.s. government to spy on american counterterrorism officials are now allowed to keep tabs on anyone for up to five years even if they have no ties to terror until now the national c

. >>> welcome back, it is now 45 4:00 a camp -- 4:54, a camp fire is being blamed for the lockheed fire, it burned almost 8,000 acres. cal fire said embers ignited that fire outside a remote cabin but there is not enough evidence to charge the owner of the property. >>> unexplained noises, nobody knows what is going on. people are experiencing mysterious boom. they are getting strange sounds shaking them awake. >> three booms and one good shake. >> all night long we are hearing the rumblings and bombs going on. they are there to pinpoint the epicenter an opinion point the exact cause. what is going on, sal? >>> we still have things going on westbound and they are trying to clean up an accident that happened more than an hour ago and what is happening is there was a lot of fuel spilled in this crash. they had to get it out of the way and make sure nobody was affected by it. there are two westbound lanes being blacked, one of them is like this, not affected so much and hopefully gone before the main part of the commute. let's look at 880 traffic that looks good in both directions. and tha

the lockheed fire burned almost 8,000 acres. >>> it is 5:06. the man who set a series of car fires in south san francisco is going to prison. 24-year-old bogan was sentenced to 15 months in san quinton pleading no contest to felony arson for a string of car fires in october 2010. prosecutors say he started the fires, then rushed to help firefighters extinguish them. >>> there are new accusations u.c. davis is violating state law. last week a judge ruling most of the report on the november 18th incident would be made public. portions of that investigation naming specific officers and also criticized their actions that would be kept under wrap. however, u.c. officials say they do not want to release the report until it is completed next month. >>> 5:07 right now. state and local leaders have a strategy to split the $1.5 billion cost to electrify the tracks. it would pave the way for quieter and quicker commuter trains in the next seven years and it would help jump start the bullet train project. the agreement calls for the state to spend $706 mil

. >> the photograph is consistent with the landing gear of a lockheed electra. >> reporter: in july, international group for historic aircraft recovery will launch a deep water search for the plane, earhart's remains and the elusive answer to a cliffhanger so tantalizing, it brought out one of the most famous women of our day, secretary of state, hillary clinton. >> we too could use some of amelia's spirit. >> reporter: the common explanation for earhart's disappearance is simply that the plane ran out of gas and crashed. but expedition leaders believe earhart may have survived that crash, a castaway on an island between hawaii and australia. finding the airplane could finally mean a conclusive answer. >> when she took off on that historic journey, she carried the aspirations of our entire country with her. >> reporter: and now a team of modern explorers will take with them the curiosity of generations. chris jansing, nbc news, new york. discuss and a bit of news to report to you before we go tonight. nbc news made a projection in tonight's illinois primary. we're projecting mitt rom

meeting with historians and scientists from an aircraft recovery group, launching a new search for her lockheedlectroplane. she and her navigator fred noonan disappeared july 2nd, 1937. some believe she made it to the island, and a recent photo is being examined showing what appears to be a plane strut and wheel protruding from waters offshore. >>> the home of some of the most sought after cigars in the world is snuffing out smokers. a number of state owned restaurants in cuba have gone smoke free. it is possible the trend could lead to an official ban. >>> coming up, how about free swag with giant flare? how you can get your minute on this sandoval bobble head without getting into your wallet. >>> a couple of things to know about as we dig the giants and love free stuff. look at the bobble head they're giving out to the first 25,000 fans at at&t park august 26th. that's the third baseman. pablo sandoval. >> big wad of bubble gum. going horizontal. >> thanks for being with us. joining us at 5:00, 6:00 and 11:00. go giants. never in my lifetime did i think i could walk 60 miles in 3 days. (woman

could that possibly be the landing gear of earhart's lockheed electric?mmer, a search party, including the underwater explorer who helped find the "titanic" will go diving for answers. if they succeed, they will have solved a 75-year-old mystery and forever linked an american he heroine, and the girl she inspi inspired. >> look forward to that investigation. if they can shore it up in june or july. >>> coming up later on "good morning america" today. it's getting hot in the kitchen. rachael ray and gwyneth paltrow are fi

it resulted near the lockheed martin facility. the fire scorched 8,000 acres, injured 10 firefighters and gutted 13 out-buildings. >>> a supermarket operator says it will no longer serve ground beef containing pink slime. it is lean textured beef made from meat scraps treated with ammonia. an abc7 news investigation reveals 70% of the ground beef sold in grocery stores contains this filler. >> when you think you are buying pure with beef and you getting something not advertised that borders on fraud. >> i would certainly hope that i could trust the stores and people selling it to provide ground beef and nothing else, no additives. >> safeway says 80% lean beef and open nature brand never contained the filler. the company won't say if beef with the additive is still on its shelves. super value operates albert son's, luckies shop and safe and other chains. >>> u.s. army pilot may have been trying to show off before a frightening crash that nearly hit troops. video just posted on youtube, this happened in february apache helicopter c

could that possibly be the landing gear of earhart's lockheed electric?mmer, a search party, including the underwater explorer who helped find the "titanic" will go diving for answers. and if they succeed, they will have solved a 75-year-old mystery and forever linked an american heroine, and the girl she inspired. dan harris, abc news, new york. >> going to take about $500,000 in public and private money for this search. >> look forward to that investigation. if they can shore it up in june or july. >>> coming up later on "good morning america" today. it's getting hot in the kitchen. rachael ray and gwyneth paltrow are firing back against claims that a ghostwriter penned their recent cookbooks. is it a tempest and the teapot? we'll find out on "gma." >>> that's what's making news in america this morning. >> thanks so much for watching, everybody. >> thanks so much for watching, everybody. have a great wednesday.er closed captioning by closed captioning services,inc

. >> the landing gear is consistent with a lockheed electra. >> reporter: in july, the internationalup for historic aircraft recovery will launch a deep water search for the plane, earhart's remains and the cliffhanger so tantalizing it brought out one of the most famous women of our day. secretary of state, hillary clinton. >> we too could use some of amelia's spirit. >> reporter: the common explanation for earhart's disappearance is that the plane ran out of gas and crashed. but experts believe earhart may have survived that crash, a castaway on an island between hawaii and australia. finding the airplane could finally mean a conclusive answer. >> she carried the aspirations of our entire country with her. >> and now a team of modern explorers will take with them the curiosity of generations. chris jansing, nbc news, new york. >>> and that's our tuesday night broadcast. thank you for being here with us. i'm brian williams. we, of course, hope to see you right back here tomorrow evening, good night. -- captions by vitac -- www.vitac.com

lockheed martin just in to a contract modification with the u.s.avy to construct two combat ships. the work is being done in wisconsin. futures this morning -- a slight bit positive. a mixed close on friday. the s&p is on the rise for a fifth straight week. crude oil is down a bit, $107 a barrel. that is helping to keep prices at the pump high as well. the census is about to release details of people who live through the depression. that will be released next month to the public for the first time ever. scholars expect a records to disclose secrets in a better look at american life. i'm jane king reporting for wbal-tv 11 news. back to you. >> americans are thinking outside the box when it comes to things to do this summer. >> we have heard tastings and wine tours in napa. also the baby boomer generation expected to make a big impact on the housing market. >> 'kids, we're going to the brewery for vacation." thank you. >> 50 degrees on tv hill. two residents in serious condition after an atv accident. >> don't forget to e-mail us your response to our

. >> i appreciate the reference of the boeing, look heed martin becau -- lockheed martin because that is a peculiar type of campaign that bridges the commercial space and the political space and we have these fights for government contracts that do have this feeling of zero sum, winner take all, and they can get quite nasty and they're conducted -- people riding the metro in washington are subjected to ads on the metro for things that

should be even more worried about foreign threats absolutely i mean the big ones there are the lockheed martin and you know the groups like that definitely don't want to feel treated by foreign governments are these specific targets that are getting it will trade it's coming from foreign countries so right now you're saying that these are not governments that are engaging in cyber warfare and it's individuals but should the u.s. be worried that it that threat will be taken to that next level. oh who's to say that it isn't already i mean you know when you look at the sheer number of views that are going on from some of these countries you have to expect that at least a few of them are state sponsored now and the u.s. has spent spends an enormous amount of money in defense spending and now this is another type of defense how can they be losing two hackers. they've got a few problems i mean the first one is the easy one that the type of talent the type of hacker that's really good at this isn't the type of person who wants to go work for a government so the talent level they're getting is

. >> big corporations like lockheed martin. even the u.s. army as they help develop future engineers. >> we want outreach for local high schools and try to offer them insight as to what it is like to work in the army and real world. a winning team will get to go to the championships next week. >> 9:33. 36 degrees on tv hill. post menopausal bleeding could be much more serious than you think. coming up a rare cancer that can be hard to spot. >> and you don't want to mention in special shopping offer from our shopping gue rye, right, john? >> that's right. i hope to have some cool weather -- a chance of rain in th >> let's look at our radar-satellite combination. the snow is diminishing up in new york state. a disturbance spinning off the coast of new england and cape cod there. they are getting coastal storms up there in michigan as well. but all that activity is going to be held to the north. here part of the south. a little chilly, but at least we're sunny. 35 degrees at the airport. 37 at the inner harbor. at this time of year, these are n

lockheed martin and northrop grumman are here.re looking for future engineers. >> we want to outreach to the local hospitals -- high schools and offer them insights about what it's like to work in the real world. >> to be here is nirvana for the students to look forward to this all year. the winning team will get to the tip kinships next month in st. louis-- to the championships. >> here is a look at what's coming up at 6:00. >> i'm nikole killion with the latest jobs numbers. what the governor is likely to be to any medical marijuana legislation. his reasoning and reaction straight ahead. >> police and federal agents break up a gun distribution ring. i'm will meltzer. 11 news at 6 begins now. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- looking for au're job, it seems more employers are hiring. >> nearly 250,000 were added. nikole killion it is in washington with more. >> this is the strongest three months of growth we have seen since the great recessio

life and limb to report on civilian casualties of air strikes he was the last to interview on our lockheed car as it's known before was announced that a lockie was on the sas nation list and this journalist name is abdul ala haider shape he's currently in prison in yemen and he was sentenced to five years in yemeni court on terrorism related charges but when there is enough outcry from locals from human rights groups president saleh drawn up a pardon for this journalist but here's the kicker scahill told r.t. to see caffein off earlier today he remains in prison today thanks to president obama and a phone call that he made a solid in february of two thousand and eleven president obama said we're very concerned about the release of this guy we don't roll the full extent of what the phone call what the white house and state department. that obama said that u.s. sponsored and so that order was rescinded but he continues to walk away in a prison after everything to make a record and it's he's in prison because barack obama was in the prison. i'm going to give you a really basic breakdown of th

. >>> the twin-engine lockheed.to be the first pilots to be around the world along the bart largest editorial routes. her legacy resonates today in the legend that their legendary aviator set out to fly around the world of tennis without a trace of the south pacific. jet blue is in secretary railhead for historic aircraft recovery to launch a new deep sea search for the record of their hearts plane. that effort will begin in june. tax return fraud it's a growing problem but was returned for filed this last year in the consumer watch chile what to do what records those returns were filed by thieves who adds: people's identities. >>> is a slap in the face. it was only not even a year after she passed it was hard enough losing her five month old daughter then the stephanie discovered somebody stole her babies identities declares independence $0.1500 tax return and even dead were heroes and victims skimmer's filed a violent return after being killed by an he is directed to repeat prepaid debit card. it does the dead to

. >> big corporations like lockheed martin and drummond sponsor the schools. >> outreach to the morne high schools and trying to offer them insight when they work in the army and real world. >> but to be here is nirvana and the winning team will go to the championship next month in st. louis. >> bright young kids. >> looks like fun. >> speaking of bright, it will be bright during the day today. daylight savings time kicks in. so we'll have a nice day today, but 47. 60 though the rest of the week. >> love it. >> thank you for joining us, everybody. "today show" is next. have a great day. >> when wbaltv was granted a license to broadcast local news, they made a commitment to viewers, to be there in a time of need, time of tragedy and emergency. a time of great celebration and triumph. in this year, there is also a need for wbal to be there with news and information quh you need it. that's why you have seen ours become a robust use of mobile information for families on the go. now we are adding newscasts when you are available. we launched our 10:00 p.m. station which can be found on com

. >>> the 2009 lockheed fire took 11 days to contain and burned nearly 8,000 acres.ers from a remote cabin ignited the fire. they have interviewed the owner but say there is not enough evidence tow arrest him. >>> between now and 6:15 and a normal day is when it gets busier. there is not a big delay and meeterring lights come on around 6:15, no problems getting into the city. also with this look at interstate 880 north and southbound, this traffic looks good in oakland. if you are looking at the commute, it still looks good from hayward city. here is mark. >>> taking a look, nothing to show you but we could have some spotty sprinkles and areas of drizzle out there which is a very weak system moving in from the north but that's about it. for today we will have a chance of some drizzle in the short- term. tomorrow partly cloudy and we will be tracking multiple rain clouds and everybody cools off from the amounts we had yesterday. you can see 60s and 70s in livermore and san jose with those readings maxing out. today everybody cools off a good 10 degrees back in san fra

. >> a lot of people say it's like a needle in a hay stack to try to find that lockheed martin. >> lockheedartin is one of our sponsors. >> you think if you do, and god with you, if you do fin that do you think there is hope of finding maybe skeletal remains? >> well, turns out that the skeletal remains of amelia earhart were probably found in 1940 on this same island. >> how so? >> well, this was a rumor that nobody believed for years. but now we know for sure and we've known since 1997 when we found the original british paperwork, that in 1940, three years after she disappeared, the bones of a female castaway were found on this island, like a castaway's camp sight. and they thought it might be amelia earhart at the time but the bones were sent to fiji where the british headquarters were, officered as being male, and based on that the british didn't say anything to american authorities and the whole thing -- they closed the file. it was sort of forgotten. but the rumor persisted. we found all of the paperwork in an obscure archive and found the measurements the doctor took. we gave them to

specialists, it has the dimensions and size, characteristics of components of the landing gear of a lockheed elektra. >> and the state department analyzed the photograph and came to the same conclusion and the search for the plane will start in june. dr. peter jacob joining us now, the chairman at the areao naughtic museum and thanks for being with us. >> my pleasure. >> a new search of the island will happen in june and i am going back again as a huge undertaking and not to mention the cost and there is strong enough reason to turn up something now, 75 years later that previous searches did not -- they have been back to that area before, haven't they? >> reporter: they have been back to the island itself nine times, thoroughly searching it and the tiger group, they're diligent researchers in that area so many, many times and haven't brought back anything connected with earhart yet, but there is always a possibility that something could be found and that is looking like although the photograph is not new, the techniques for analyzing the image are modern and perhaps there is something there

- you have so much background in engineering, you could have easily gotten a job at boeing or at lockheedng twa, if you had a chance to be there at that moment when it was the dawn of a brand new era, would... wouldn't you want to do that? i mean, that's... that's why i'm here. >> pelley: and that's why most of the engineers we met are here-- building spaceships is the chance of a lifetime. if you reach the point of having a successful manned flight, what will you have proven? >> we're not doing it to prove anything. ( laughs ) you know, we know it can be done. i think we're just trying to do it a little bit differently, a little bit faster, and to push the... push the fence a little bit farther out. >> and then we can all go... i mean, i want to go into space. i assume most people here do as well. ( laughter ) >> pelley: how many want to ride? ( laughter ) okay. everybody wants to go. >> caroline wants... >> caroline conley: i'm... i'm not so sure. ( laughter ) >> four, three, two, one... >> pelley: four years after starting, spacex rolled out its first rocket, an unmanned booster called

san is a living room slowly and runs a non-profit tent and the flock with has been retired from lockheed and she from all leigh anne to develop devotes her life from helping the poor and neglected to fall to the cracks cheese a one-woman charitable agency who can serve up to one minute maid minutes and snap your web of bureaucracy the next. >>> needed to know people you can't turn your back and walk away. leigh anne said its hand in the flock about 30 years ago to is trying to save the guadalupe river from development when she got another homeless camping nearby and she began to cook for them. i had to do the cuts. and did them on a day cut i would cut in my kitchen and take it all downtown. >>> besides meals she collected donations of tents and sleeping bags to bring the homeless since then her regions expanded three growing network of friends now people in trouble come to her with their needs. utilities, rent, food and, clothing and the lantern so many people had a home and then they put things in storage. and they couldn't get to the storage. >>> was amazed the energetic senior citize

thing that's protruding up from the water on the reef, do you think that's the landing gear of her lockheeds that forensic imaging specialists, including u.s. government forensic imaging specialists say the shapes and sizes, components in that image are consistent with the elements of the landing gear of a lockheed electra. that doesn't mean that's what it is but when you have several experts telling you they see the same thing it's a pretty good indication that that's probably what it is. >> so rick here is how i get it. it's the island or the atol of nukumuroto, maybe now it's the make of nirabati. if it's sticking out of water, the level of the ocean doesn't go up and down so much. why is it we haven't seen this before? is it that incredibly remote? >> oh the island is very remote. if this thing was there in october 193, the spot where it was, very dynamic area in the surf zone and many forces acting on that, wouldn't expect wreckage to stay there very long and it was probably gone within a few years, washed down over the edge of the reef with the rest of the airplane. so this was here -

the 2009 lockheed fire took 11 days to contain and burn nearly 8,000 acres. embers from a fire pit near remote cabin ignited the fire. cal-fire has interviewed the property owner but says there's not enough evidence to arrest him. >>> leaders here in the bay area and around the state want to bring high-speed rail here forecasted faster and say they have a plan to do just that. local political leaders say they're willing to split the 1 1/2 billion dollar cost to electrify the caltrain line. that could mean commuter trains would be zipping between san jose and san francisco by 2018. could also mean the statewide system would be running sooner than expected. we're told the money is available, but state lawmakers have to approve it first. >>> caltrans is scheduled to close a part of highway 17 near laurel curb in santa cruz county this morning. the report says it's part of a plan to install a temporary barrier at a high traffic, high collision area. for example, there was a deadly crash last week that will take two days to complete this work. the caltrans is tryi

we like lockheed martin, 4.5% yield. or merck, 4.4% yield.hese are companies that have a history of continuously increasing their dividends, and if and when we get into an inflationary environment, they'll be able to price their products and increase their dividends. >> where are you on the financials, which as we just pointed out have had a notably rough day? >> we actually think the u.s. economy is pretty well positioned. not exciting, 2% growth in 2012. but as long as the economy and the u.s. avoids a recession, financials ought to do well. >> thank you very much. i'll find my friend, mary thompson. how are you? >> hi, tyler. >> they called it super tuesday. but it wasn't super tuesday. >> it is not the super tuesday. what's this, the third anniversary of theists day bear market low? again, revisiting low levels today. although as bob pisani was pointing out earlier today, we've really seen this slow and steady climb in the market since last october with very few blips. which is what we're seeing today. some might call it more than a blip.

could that possibly be the landing gear of her lockheed elektra. a search party including the under water explorer who helped find the titanic will go diving for answers. and if they succeed they will have solved 75-year-old mystery and forever link an american hero inand the girl she inspired. dan harris abc news, new york. >> wouldn't it be wonderful to solve the mystery after all these years. one last check on the weather forecast. experience is here. >>reporter: we start with a look at live doppler. moisture pick up in the atmosphere down on santa cruz mountains in the peninsula. up north we have had some sprinkle hitting the ground up around ukiah. nothing significant at the moment. just light rain there and this is a time lapse view this afternoon. from high definition east bay camera emeryville to the golden gate cloud overhead but no significant precipitation moving in on us yet. but late tomorrow it might. here's look at conditions state width tomorrow. sunny mild down south. rainy some spots cool up north. in the bay area tomorrow we will