sheila. >> thank you so much. unlike my colleagues on the panel, i'm not a government official and can't speak to the internal coordination between the united states and japan. so i thought today i'd offer a few observations i've had over the year. one of the things i think this audience appreciates deeply, but one of the greatest assets of the last year was the opportunity that we all had to witness the resilience of japanese society. i think it's deeply felt not just in the united states but around the globe, that japan's response to the triple disasters, to this unprecedented crisis, was remarkable, even though there's cry kri teak of specific moments of decisionmaking or specific actors or specific institutions. overall, it was a tremendous show of the japanese social resilience. in my mind, there were tremendous acts of courage obviously by individuals in toho ka and beyond, but it was also japan's social institutions that shined. volunteerism was at its highest. japanese corporate leadership was actively dem

sheila bair joins us now to explain more. good to see you.hank you so much for joining us, sheila. >> happy to be here. thank you. >> before we get to the stress test, and really where we are in the system, you're participating in an economic summit today hosted by the atlantic monetary and fiscal policy. what is left bolster the economy, based on what you're hearing and talking about at that summit today? >> well, i think it's getting better obviously. the employment figures are encouraging. and that's been sustained over several months now. that's positive. but housing is still a big question mark. the trade deficit is getting worse. i guess my sense is the economy is improving. i welcome that. but how sustainable is it, is another question. so i still think we need to be somewhat cautious here, especially with banks. they are stronger, too. but i think in terms of the distributions, the fed and regulators need to be cautious in making sure the capital positions remain strong. >> i've got to say, the stress measures were quite stressful. 13

we've been speaking with sheila bair, former advisor to the f.d.i.c. >> i'm sylvia hall. still ahead, state funding to colleges and universities is dropping nationwide. we take a look at one school system and how they're handling it. >> susie: stocks muddled along today as oil and gold prices fell and investors tried to make sense of those bank stress tests. the dow rose 16 points, the nasdaq added nearly a point, and the s&p slipped just over a point. commodities came under pressure. oil prices fell more than a dollar to $105 a barrel as the fed's decision to leave rates unchanged tempered any upswing in crude prices. as for gold, it continued a two- day sell-off, losing another $51 today to $1,642.90 an ounce. the yellow metal is now off 4% in the past three sessions. tim harvey manages a gold e.t.f. and he recommends buying gold on the dip. >> everybody is expecting the debt ceiling to be raised again this year. obviously, we have an election. we have very important elections in europe, as well. we have elections in greece in italy and in france, and this is going to l

sheila harris young and tony young make up the dynamic mother-daughter team. for three generations, they have shared a family generation for cookies that led to their dream of running a business. sheila harris young's mother taught her to bake when she was growing up in washington d.c. and she remembers making her first batch of cookies for an orphanage as a girl scout. when she became a mother to toni, she passed along her recipe and love for baking. after decades of sharing cookies with families and friends, they began to sell their cookies online and even partnered with local grocery stores to sell locally. after the initial success, they finally decided to start their own independent, family-owned business. it has been over one year since the initial opening and they have been getting accolades for their delicious recipe on yelp, 7x7, and they're being recognized as one of the best cookies in san francisco. congratulations. in addition to their hard work and keeping their business running, they are both rooted in serving the community and sharing their com

sheila harris young and tony young make up the dynamic mother-daughter team.hree generations, they have shared a family generation for cookies that led to their dream of running a business. sheila harris young's mother taught her to bake when she was growing up in washington d.c. and she remembers making her first batch of cookies for an orphanage as a girl scout. when she became a mother to toni, she passed along her recipe and love for baking. after decades of sharing cookies with families and friends, they began to sell their cookies online and even partnered with local grocery stores to sl

that's sheila bair. sheila and ali velshi, please join me up here. ali shellvy, of course, is chief business koernd at cnn. sheila bair is the -- is now with pew, is the former fdic. very, very important voice during the housing bubble crisis. and what happened. and all i will say as i leave the two of them to have their discussion is that if ali doesn't mention this question about a bond bubble, one of you should. >> thank you, steve. i want as much participation as possible. so if somebody wants to ask that question, go ahead. i couldn't help but think when we were listening to larry lindsey and he kept referring to the sympathetic media and whether or not i was a part of that mess. i'm going to try to be very hard hitting. sheila bair, good to see you. we've had fantastic conversations today. and there have been a lot of digs, sort of people have been taking digs at the other side idealogically. but we've had no -- no knockout punches. we're hoping to get one of those from you. let's start by talking about the thing that i see newspapers all over

sheila told me two things before she left, one, being chairman of the fdic is a very tough job, and i can now vouch for that. the second thing, and so she was right on that point. the second thing she told me was, "everything will be okay," before she left. that she wasn't quite as right. [ laughter ] >> she didn't tell you about europe? >> and some other things as well, but if nothing else, it's been an interesting and challenging experience. and i think the role of the fdic during the course of this financial crisis really has been a very important one, and i think if i may say, i think history will look back upon the performance of the fdic over these past three or four years and i think the performance will hold up pretty well. two things i really wanted to talk with you about this afternoon. i want to take just a moment to talk about the condition of the banking industry. just earlier this week, on tuesday, the fdic released its quarterly banking profile, so i just wanted to share some of the results of that with you and then i'll spend really the remainder of the time talking ab

hello, this is sheila. host: go ahead, sheila. caller: our insurance commissioner, osmgen hediner said he sent a letter to kathleen sebelius saying that georgia would not participate. i'm one of those people that needs insurance because of preexisting conditions. is there -- is the federal government going to take that over? guest: yes, sheila. you're right. he was the first commissioner to come out and say he would not go along with the high-risk pool in his state, sort of another aspect of the states' rights opposition we're seeing in a lot of states which has mostly taken, manifested itself in people saying they're going to sue about this mandate that's in the law, the mandate that everyone carry insurance. when the insurance commissioner came out and said he would not help in setting up the high-risk pooght, kathleen sebelius said the federal government would be able to do that for the state, that there is a provision in the law that high-risk pools, states will not be left without them just because their state is refusing to

as sheila said in her remarks, really the u.s./japan alliance is critical to stability and security in the asia pacific region, that we need a strong japan. the united states needs a strong japan. we need a strong alliance, i think, so carry out the kind of goals that we and our friends and allies in the region share. and so when it comes to things like futenma and other issues, really i think the close and cooperative relationship that we enjoy with japan has been and will continue to be absolutely key to moving forward in the future. >> can i ask you also, sheila or rust, about the public perception of the self-defense forces after 3/11? japan obviously has had a, you know, conflicted relationship with the military, constitutional restrictions. obviously it's called the self-defense forces. but they played the crucial role not for a day or a week but for months. has there been any public opinion polling down to show how people look at them now? >> i just saw some numbers recently. i think 93% of those polled supported the role o

sheila's father survived and is hospitalized. she said they've told him. >> my dad's devastated. >> reporter: oh, man. >> they've been together forever. >> reporter: these tornadoes have shown little mercy to the heartland. four states, tonight, are under a state of emergency. 13 people are dead. and more twisters are on the way. >> the tornadoes contributed to a total so far of january and february of 115 tornadoes. this is approximately 50% more than what we normally would see for this time of year. >> reporter: and they are powerful. the tornado that ripped through branson, missouri, was on the ground for 22 miles. the twister that flattened nearly 300 homes in harrisburg, illinois? authorities now believe it was an ef-4 tornado, nearly 200 yards wide, with winds near 170 miles per hour. amanda patrick made it through. her two friends next door did not. >> and when i knelt on my knees, i just asked god to see me through. >> reporter: in tennessee, where the most recent twisters struck, we met kathy olson, who, today, was getti

sheila jackson lee joining us live from her district in houston. your time. >> it's very nice to be with you. >> department of justice says 81 of texas' 254 counties do not have place where people can get a driver's license. there's not an operational driver's license. to me that seems to be the tip of the problem here. if you're going to require people to have this i.d., you should have the access available. what are your concerns here? >> well, the justice department decision was thoughtful, well reviewed decision after seeking to determine whether the voting rights law in texas or the voter i.d. law was correct. frankly, this is a reflection of the law, the voting rights act which says one person, one vote and as texas sought to implement or put in place a voter i.d., picture i.d. they didn't think it through. there seem to be under pinnings of trying to dumb down or depress the minority vote. 81 counties without a d.p.s. asking the home bound or those that are seniors who are also impacted in a devastating manner to find other ways to get a vot

inditement can be distracting and draining, but there is precedent staying in office, that is what sheila dixon did. mike hellgren, eyewitness news. >> and leopold is scheduled to be in court later on this month. >>> baltimore police make a major bust in a gun ring in a quest to get the illegal guns off of the street. police arrested these three people after seizing 16 guns, ammunition, cocaine, and even bullal proof vietnams. police are saying it is a collection that would have brought in $30,000 on the streets. police will go after similar rings this weekend. >>> growing fears of a dogfighting ring in anne arundel. authorities found a second badly injured pit bull from where another dog lied last month. now, the investigation is underway. andrea fujii with the story. >> reporter: despite the bite marks and gaming wounds. princess could not stop kissing steven williams last week. >> she is the sweepest -- dog you will ever meet. she did not mind. >> reporter: she was wondering near the highway in brooklyn park, about 5 miles where another injured pill bull was found. animal control is sa

sheila told me two things before she left. that one, being chairman of the fdic is a tough job and i cannot vouch for that. the second thing -- and so she was right on that point. the second thing she told me with everything would be okay. before she left. that she wasn't quite as ray. [laughter] and some other things as well. but if nothing else, it has been an interesting and challenging experience and i think the role of the fdic during the course of this financial crisis burley has been a very important one and i think if i may say history will look back upon the performance of the fdic over the past three or four years then i think the performance will hold up pretty well. two things that i really wanted to talk with you about this afternoon. i want to take just a moment to talk about the condition of the banking industry. just earlier this week, tuesday the fdic released its quarterly banking profiles. i just wanted to share some of the results of that with you that with umno's been really the remainder of the time talki

. >> i want to hear what sheila bair has to say about that. and meredith whitney was the first to call the dividend cut at citigroup. so long ago. so we'll see what she has to say about that. but you know, this transparency that we're talking about, the federal reserve is actually identifying the four banks that failed these tests. you know, it can go both ways. look what happened with met life last night, trading down. and you have to wonder if this action does impact these businesses going forward. a financial services company, not up to the standards, according to the federal reserve. interesting. >> you would think, rick, we were out of the fed's comfort zone where the yields are right now, yes? >> just asking the question puts me out of my comfort zone. to think that a government entity is looking at what's comfortable or not comfortable for investors. gets you down the road of how tricky it is going to be for the fed to maneuver, as asset changes and me rens moves, even as the economy, at a slow clip, does move. >> rick, everybody says d

sheila? >> i am like my colleagues on the panel -- unlike my colleagues on the panel i'm not a government official, so i thought i'd just offer a few observations i have had over the year. one thing i think everybody in this audience appreciates deeply, but one of the greatest assets of the last year was the opportunity we all had to witness the resilience of japanese society. i think it's deeply felt, not just in the united states but around the globe. japan's response to the triple disaster, this unprecedented crisis, was remarkable, even though there's critique of specific moments, specific decisions, specific institutions, overall it was a tremendous show of the japanese social resilience. there were tremendous acts of courage by individuals but also japan's social institutioned that shined. volunteerism was at its highest and the energy crisis that occurred, but i also saw local governments responded well, and many of the inconstitutions we haven't seen in postwar japan be particularly s

&paccording to the office of congresswoman sheila jackson lee...rayvon martin's parents will be in washington today for a meeting of the house judiciary committee. bad boy bobby brown is in trouble with the laa.. again. the singer was arrested in california on drunk driving charges.he was originalll pulled over for talking on a ccll phone while driving.. and then failed a field sobriety run-in with the law.he has a pasttdu-i conviction on his georgia in 1996.brown is the ex- husband of deceased superstar whitney houston. broadcasting businesses the mic is always hot. but the president's mic was wwde open...when an exchange between him and the president of russia... was cauggt on tape. tape.the exchange was captured on camera as reporters entered the room where the presidents hhd been meetinghere's the exchange. 3&this is my last election. after my election i haveemmre i transmit this information to vladimir, and i stand wiih you. he was basically asking for time on the issue of the missileedefense syssem in eurooe.critics pounced on the president's

representative sheila jackson lee believes that the federal government does have jurisdiction in the martin case if florida authorities do not act. communities are just outraged by the fact that george zimmerman has not been charged or arrested in the shooting death of 17-year-old trayvon martin. florida does have very lean intelligent self-defense -- lenient self-defense laws stalled stand your ground. zimmerman has asserted self- defense. a police report said officers responding to the scene found zimmerman bleeding from the hose and also to the back of the head. trayvon martin's parents took issue with those reports. >> even in death, they are still disrespecting my son. and i feel that that is a shame. >> the only comment that i have right now is that they killed my son and now they are trying to kill his reputation. >> it was a partial report released by the sanford police department just deal with the officers' accounts when they first arrived on the scene. you can find on to myfoxdc.com. can you go over to hot topics. you click on the trayvon martin opinion which has complete

he is the judge who presided over the theft case against mayor sheila dixon in 2009. he has now been assigned to handle the case. the chief judge in the county thought was best to bring in an outsider. the county executive does not appoint circuit court judges but does provide part of the court system funding. leopold was supposed to make his first appearance a week from now. that has been canceled pending a meeting next week to set the schedule for the entire case. the judge has a reputation as a fair and from a judge and one who is facebook-savvy. he has come up with a model that advises jurors on the use of social media and technology while hearing and deliberating a case. >> the state budget officially lands on the senate floor tonight, but the chamber is not expected to work on until later this week. to annapolis for the latest. >> the budget is a battle over semantics. while the governor says he's cut $7 billion since taking but -- since taking office, republicans say it's reductions and plant increases. >> soon after committees began tearing to the proposed bud

we're just trying to save lives. >> congresswoman, sheila jackson lee, i'm afraid we have run out ofving me. >> stay with us. the week's top lines are coming up. ♪ ♪ ♪ pop goes the world ♪ it goes something like this ♪ everybody here is a friend of mine ♪ ♪ everybody, tell me, have you heard? ♪ ♪ pop goes the world ♪ pop goes the world [ female announcer ] pop in a whole new kind of clean with new tide pods... a powerful three-in-one detergent that cleans, brightens, and fights stains. pop in. stand out. make that new stouffer's steam meal so tasty. actually, the milk from my farm makes it so creamy, right dad. ah, but my carrots have that crunch. it's my milk in the rich sauce coating the chicken and the pasta. boys! don't you think stouffer's steam perfect bag should get some credit? my carrots. my milk. my carrots. my milk. [ female announcer ] new from stouffer's. farmers' harvest steam meals for one in the steam perfect bag seal in all the goodness. they taste so good, we'll bet the farm on it. nestle. good food, good life. carrots! creamy! yeah, you -- you know, everything can

christensen: thank you congresswoman, sheila jackson lee.nd certainly we know that planned parenthood has always followed the law and in this women's history month, thank you for raising the issue of the unfairness -- unfair treatment of women. by some of the laws like the one in texas, the one in virginia and also legislation that has been attempted to be passed in the congress of the united states. we're also joined this evening by a congressman from texas, congressman al green who often joins us here. we're representing all of the 43 members of the congressional black caucus who now how important this law is to our communities and really to communities across this country. so we thank you for joining us and i yield such time as he might consume. mr. green: thank you, dr. christensen. and i especially thank you for chairing the health care task force and for the outstanding job that you've done through the years. you have shown a great deal of dedication to health care for all, for all. and i believe that those who write history will be ex

sheilas been suspended and she will have a hearing tomorrow to see what else will happen to her. >> now a developing story. it is 3:00 in the morning in afghanistan and who knows what this day is going to bring. a u.s. soldier is accused of killing 16 civilians including 9 children, this ace cording to the afghan officials so now, you take this and combine it with the burning of the quran, religions between dc and kabul are straining. >>> blankets cover the bodies of the victims as they are removed from the scene of the massa cure but there is no concealing the anguish. >> they killed a child this grieving mother said. i haven't seen a two-year-old taliban member yet. the soldier left his base for a nearby village in the dead of night. he burst into three homes shooting as he went, spent shell casings. some were murdered in their houses. 11 people have been killed in one house, two people have been wounded and one killed in another. >> he returned to the base after the incident was taken into custody straight away and the investigation is ongoing. >> the u.s. government quickly condemne

joining me on the floor at the post is sheila, the president of diageo. thank you for joining us.the bell in celebration of st. patty's day. how important is st. patty's day for your business? do you see a spike around the month of march? >> we really do. st. patrick's day is one of the friendliest holidays of the year, and a chance for new consumers to come into the brand and give guinness a try. there will be about 3.5 million consumers who raise a pint of guinness sometime tonight and tomorrow. >> you're actually in charge of diageo beer business in the united states. how do you plan to grow that business? >> a big part of our growth strategy is all about innovation. i think the best example of innovation in the beer space right now is guinness black lager, a light, crisp, refreshing lager beer that will be sampled tonight and tomorrow. it's more innovation than anything else. >> what about craft beer making. how do you tap into that? >> you know, a great tailwind for the guinness brand. because craft beers are all about bolder, stronger flavors. and guinness is a little bit ab

. >> reporter: sheila's mother 69-year-old carolyn jones one of three here in tennessee killed wednesday night. even for a part of the country used to tornado warnings this year has been especially nerve-racking. >> usually from winter to spring you see severe weather outbreaks the storms are coming early this is significant and ferocious. >> reporter: they are powerful, the tornado that ripped through branson, missouri was on the ground for 22 miles. the twister that flat ed almost 300 homes in harrisburg, packed winds 170 miles per hour. >> be ready. to meet him. >> reporter: because there is a his being for tornadoes, hail, wind and local lighted flooding in tennessee this afternoon most schools are letting out students early. t.j. winick, abc news, nashville. >>> in san francisco disaster experts are offering guidance and advice on how to survive when mother nature releases her fury including how to put together a disaster it can. katie marzullo has more on the story. >> reporter: the program is called ready neighborhoods this event is getting way as we speak. it is a joint effort be

so we picked up nina, greg and sheila. mark loaded up the rav...en nina loaded up the rav [ laughs ] ...even i loaded up the rav. and we head to the one spot... [ barks ] ...that could top it all off. you know what i mean? ♪ yeah... that was a good day. ♪ >>> for decades his name sin none news with mary j. blige and sean combs. now he's looking for the next big star. ♪ >> welcome to harrell records. >> i recently caught up with him at the studio. >> thanks for spending time with us, brother. >> my measure. >> you can't talk about modern music without talking about you. many of the big names, you're connected to. how did that happen? >> i guess some of it was timing, some was luck. i think it was i was a rap star, i was in dr. jeckyll and mr. hyde. i used to work for r russell simmons, i wanted to do r & b, i bridged the culture with new jack swing. ♪ >> when you started off the group, you had hits yourself, three big hits. what made you leave being an artist --. >> what made me leave i was a manager as well as being an artist, l.l. cool j., when he

. >> now joining us on booktv is professor yvonne yazbak and sheila author of this book becoming american the forging of arab and muslim identity in pluralist america published by baylor university press. professor, when did muslims start coming to the u.s.? >> it depends. some people think they were here before columbus, some people think at least one of them came with columbus. but major -- amine in the 1870's. >> why? >> mostly lebanon and people are looking for work in of lebanon engaged there was a blight in the mulberry trees died and so they couldn't raise anything but the other thing that happened is the japanese silk began to compete so the industry fell apart. estimate quote was the reaction when the arabs and muslims started coming to the u.s.? trade industry that they began to sort of poll little trinkets to farmers. we have documents that showed they went into connecticut and springfield and there was this woman who ran away from lebanon to avoid being married to an 80 year old man, so she opened a store and they knew no arabic they would have her name and address and they co

he presided over the corruption case for former baltimore mayor sheila dixon. >> we going from watergateeporter: protesters gathered outside the county government building to send a clear message to the executive. >> there are so many jaw-dropping allegations, i don't even know which one you should start with. >> reporter: an indictment alleges he used his security detail to drive him to sexual encounters in public parkings. >> when they come here to do business, are they going to take him serious? >> reporter: the county executive has no plans to resign and will fight these charges against him. >> once the citizens hear both sides of the story, they'll have a complete and full understanding of this case. >> reporter: police and fire unions have called on liepold and their own leaders to step down. the county executive looks forward to his day in court. and we may soon know more about when that day will be. lawyers are expected to meet with the judge to set a time line for the case. reporting live for wjz eyewitness news. >> charged with four counts of misconduct. >>> a teacher wants his

. >> reporter: sheila's mother 69-year-old carolyn jones one of three here in tennessee killed wednesday night. even for a part of the country used to tornado warnings ts year has been especially nerve-racking. >> usually from winter to spring you see severe weather outbreaks the storms are coming early this is significant and ferocious. >> reporter: they are powerful, the tornado that ripped through branson, missouri was on the ground for 22 miles. the twister that flat ed almost 300 homes in harrisburg, packed winds 170 miles per hour. >> be ready. to meet him. >> reporter: because there is a his being for tornadoes, hail, wind and local lighted flooding in tennessee this afternoon most schools are letting out students early. t.j. winick, abc news, nashville. >>> in san francisco disaster experts are offering guidance and advice on how to survive when mother nature releases her fury including how to put together a disaster it can. katie marzullo has more on the story. >> reporter: the program is called ready neighborhoods this event is getting way as we speak. it is a joint effort betw

. >> sheila recovered pictures from the wreckage in comperland county, tennessee, where her parents tried to take cover from a tornado. her father is in the hospital, her mother was killed. >> they were headed to the basement. they knew there was a problem. it took them longer to get to the basement than what they knew they had time. >> forecasters predict the new line of storms could hit indiana. the heart. terrell brown, cbs news, ridgeway, illinois. >> protecting your cell phone from wet threats. the new technology that claims to waterproof your lifeline. >>> and google is self-driving. on the road to becoming lee git. i'm kit with a live report coming up. >>> an opportunity that is out of this world. how you can get a job looking for aliens. >>> sneak peek into the future tonight. californians could some day own a driverless automobile. that might happen sooner rather than later. kit on how the cars work and the plan to establish some safety rules. >> state senator, alex padilla rolled up in one of google's cars today, underscoring point that for years the company has been driving wit

. >> sheila's mother was one of three residents in tennessee killed during wednesday night's storm. even more for part of the country used to tornado warnings, this year has been especially nerve wracking. >> usually you see severe weather outbreaks heading into springtime, but this is early. a pretty significant outbreak. ferocious storms. that will have everybody on edge. >> in branson, missouri the tornado was on the ground? the 22 miles. in harrisburg, illinois, wind going 170 miles an hour. one woman said that she has learned a sobering lesson. it's just be ready to leave town. >> because there's a high risk for tornadoes wind, hail, and flooding in tennessee, most areas school districts are letting school students out early for the weekend. >> in our region we are bracing for rain and possible storms this weekend. let's get the forecast with steve rudin. >> we are watching thunderstorms propping up south and west of the d.c. metro area. this is a look at satellite and radar. you can see we're heavier storms are located at this time. southern ohio into west virginia, part of th

. >> reporter: legal analyst andrew levey believes it's the same office who brought down sheila dixon are unfounded here. >> you can find democrats who have targeted the office as well as republicans. >> reporter: the allegations go beyond sex. suzanne whitman heads the watchdog group common cause. >> we are concerned about the allegations of the political activity that he had county employees engage in on county dollars. >> reporter: including accusations they were forced to place campaign signs, collect and cash donations, and keep files on political enemies. >> unfortunately, it helps to ruin it for everybody. >> reporter: he denies wrong doing and vows to fight the allegations and stay in office despite their emotional drain. >> i don't think anyone is humanly capable of not letting that weigh on them. >> reporter: the trial is tentatively scheduled for mid-june. >> stay with wjz for complete coverage of the indictment and the calls for him to step down. we'll have the latest on tv and online. >>> a woman on a southwest airlines flight is arrested after an argument over nail polis

and globally, among those taking part, former fdic head sheila bear and gene spur ling. >> explore possible -- focusing on how the u.s. can maintain a competitive economy. we have a great set of minds to take on the issues, you'll hear from a few of our members today, as well as two terrific panel discussions. first diagnosising a sick economy, what happened and where is the fix and second, no nonsense prescriptions for jump starting economic growth. this summit owes the inspiration to steve clemens, he joined from the new america foundation where he was a cofounder and i'm happy to have had the chance to work with him across this year. he will be the official mc for much of the day and what he encouraged me to do is be short and quick. so i'll continue to talk fast and get through if remarks and he will keep us on schedule. bring go, on a few house keeping notes, we invite you to share your thoughts on today's program on twitter, #econsummit. and follow us on twitter. there's an opportunity for audience q&a. stand up if you do not mind because we are filming today and we would love to have

. >> thank you. [ applause ] >> ali and sheila, thank you so much. now we have gene sperling here. and we have our editor in chief james bennett. james this morning told you a little bit about our coverage issue. i think the deals we're trying to make is gene said i'm not supposed to be on that cover. so gene sperling and james bennett. [ applause ] >> thank you. >> gene, as many of you know, has been in politics for more than 20 years now and served in the same capacity in the second term of the clinton white house, if memory serves, was the negotiator of the budget deal of '97. i think that cheryl sandberg, formally of treasury, now of facebook, said i've seen heads of state cower before this man. maybe you can tell us a couple of those stories. and "the washington post" referred to you as obama's jobs creator. which is a pretty mighty responsibility. so i thought we might as well start there. there have been signs lately of what seems like a slow and steady recovery. i think that's been the view on this stage today. yet we remain in a very deep jobs hole, consumer debt remains v

. >> sheila skags recovered pictures from the wreckage in tennessee where her parents tried to take cover from the tornado. her father is in the hospital, her mother was killed. >> they were headed to the basement. they knew there was a problem. and it just took them longer to get to the basement than what they knew they had time. >> kansas governor some brownback toured the damage in the town of harveyville. one man was killed there when a tornado crushed his house tuesday night. >> it reminds you just how destructive these tornadoes are and how much they can sneak in on you. >> that's something forecasters hope to avoid with the help of new technology. it was put to the test in branson, missouri on wednesday where residents had 25 minutes to take cover. that's double the national average and there were no fatalities. all thanks to revolutionary new technology called dual polarization radar. >> we're going to get a two dimensional view that allows us to detect the difference between heavy rainfall that occurs all the time and the debris the tornado can kick up. why does that make a diffe

>> we spoke by phone tonight with texas congresswoman sheila jackson lee. she's in florida. she said house democrats on the judiciary committee are holding a briefing tomorrow afternoon to take a good hard look at racial profiling and hate crimes. trayvon's parents are expected nobody d.c. for that briefing. -- expected to be in d.c. for that briefing. >>> more trouble for dominique strauss-kahn being investigated for ties tie french prostitution ring. laura evans everywhere -- to a french prostitution ring. laura evans everywhere at 11:00. >> women traveled as far as d.c. to have sex with the imf chief. these are french authorities saying they need more time to investigate the former head of the imf quit after a former new york hotel maid accused him of raping her and then dropped the charges. >>> pope benedict arriving in cuba tonight greeted by raul castro. benedict criticized the u.s. economic embargo on cuba and defended the socialist ideal of providing for those less fortunate. it's a historic trip, only the second ever papal stop in the island country. >>> police have

last sunday sheila coleman was the last shoouler to deliver a sermon in the glass house of god. be looking at tv all that much more. you can get a message and put it on the web. i think that's the future. >> reporter: what might have been called the golden age of teley vangalism you think is passing. >> i wouldn't stake my money in it. >> reporter: her father announced on the internet he's broke. she's selling her home. >> it's a humbling experience for this dreamer who never quits. >> reporter: the message about how the mighty can fall is not lost on the house of schueler. do you look at this religiously? is god testing you? >> absolutely. i look at it religiously. the bible is full of one comeback story after another. my dad has taught me one comeback story after another. dad even said a setback is a set-up for a comeback. and so that's where we are. >> reporter: here this morning, opening at the multiplex. >> osgood: next, where there's a will, that's actor eric mccormack. and later, an immaculate collection. my dad and grandfather spent their whole careers here. [ charlie ]