ben steele went through everything. the battle, the death march, the prison camps. he taught himself to draw and began a remarkable prof. of art. 22 of those sketches are in here in the text of the book. you will see many of these tonight. we have made slides of them to show you. it took a long time to dig out the story of the japanese. we spent three weeks in japan talking to 23 former imperial army soldiers and a quarter of the book is told from their point of view. we think that perspective makes our story unique. tonight, we are going to try to give you a small sample of those three narratives, war storytelling points of you. we will talk about the heart of the book, the death march, and begin with you experiencing the march through ben steel's point of view, ben steel's eyes. >> we would like you to sit back and imagine that you are on bataan, april 10th, 1942, you have just into your commanding general has surrendered you to the japanese and the rumors are that the japanese don't take prisoners. you don't really believe this because you don't want to believe i

well, here's the -- ben, here's the problem -- ben, here's the problem. the suicide rate for the first time in 10 years is rising. and you know what's even more particularly curious about that? >> so what the hell does that have to do with the stimulus package? >> because it has to do with the human suffering of americans. >> doingen, let me go to dagen one second here. dagen? >> i'm in favor of helping people to not sumplet i've been in favor that have since long before you were born, but i'm not in favor of stealing from one group and giving it to another political interest group. >> american citizens -- ben, are american citizens a special interest group or are they just human beings? >> no, no, but democrats are special interest groups. unions are a special interest group. let's give the money to everybody in need, not just to people who happen to be democrats. >> can i jump in, charles, please? >> go ahead, adam. >> i hope you have the bags ready for the people suffocating themselves. >> let's have a realistic conversation here, both of you. for star

ben roethlisberger's attorney says the quarterback never assaulted anyone. the complainant only filed several charges. there's no record of any criminal complaints. at the time of the incident the woman says she was told that she would be fired for spreading rumors about ben roethlisberger. she says that after hospital stays for depression and rumors at work she decided to file this lawsuit. brittney gordon, abc2 news. >>> a big improvement for test scores for baltimore city students and here are the numbers. citywide, 72% of third through eighth grade students scored proficient or advanced on the reading section msa compared to 67% last year. in math the percentage was 63%. that is up from 55% last year. and the improvement means that the city is no longer a part of the state's corrective action status. the governor, the state school superintendent and even the head of the u.s. department of education were all on hand for the release of the results. >> adults dysfunction gets in the way of student achievement. what you have here is adults who are working to

exit vatgy as ben bernanke testifies on capitol hill? >> well, i think he is one of the great unsung heroes. he's done a fantastic job. interest rates are going to stay low for a significant period of time. i think this reminds everybody that perhaps we're not out of the market and the fact is that the banking sector has recovered in terms of stock markets. lending is still at a premium and very difficult to come by and obviously, the taxpayer wants to know about the exit strategy. i think we'll be around that sort of basis. whether we'll get any encouragement, the last time we spoke on an potential basis, he felt that this was over. i expect today he will say much of the same thing. i think it's too early to say how quickly there will be a recovery. so i think most people believe any recovery away from asia is likely to be much quicker in the united states than perhaps it's going to be in europe and the uk. >> congress today may pressure him to talk about when he sees that exit strategy starting to play out. should he try to get a timel

. > ben bernanke says that the policies have helpedo prop up the economy.he conflict in the congo coul be supplying pts for the phone in yr pocket. welcome to bbc news. guerrill made a good, former fighters bringing order kurdistan. a woman desperately hunts for hevaluable shoe. the world health oanization is now callin swine flu the faest moving pandemic ever. the death toll stands at mre than 700 worldwide. that is a jump of 60% from a few weeks ag britain is a months the state's best prepared for the -- is amongs te country's best preparedor the pandemic. >> here in china, the authories have ken tough measures to stop the spreadf swine flu. they are not taking any chances healthfficials -- theyre not taking chances. how ficials screen people before they get f of the flight. if y around wit vz swine flu, you are pced in quarantine. these people have been spending eks cfinement. shoots around you. >> in the past, china was critized for spreading its sars virus to the restf the world. it is worried tt they will not able to cope witthewine flu. in ily, they

>> couric: ben tracy. ben, thanks very much. one other business note, sagging profits are forcing telecom giant verizon to make more job cuts. the company said today it will slash 8,000 employee and contractor jobs by the end of if year. it cut the same number last year. and coming up next, the cbs news exclusive. they're an elite force that wiped out terrorists in their country. now they're headed to fight the taliban. she wants to make up. we decide to turn in early. we just know. announcer: finding the moment that's right for you both can take some time. that's why cialis gives men with erectile dysfunction options: 36-hour cialis or cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment is right. tell your doctor about your medical condition and all medications and ask if you're healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. don't drink alcohol i

ben bernanke on the public broadcasting campaign trail. he says he fought the next great depression, he put the pedal to the metal, now he is running hard for reappointment. >>> obama's pay czar versus citigroup's $100 million man. who is going to win? and senator demint fights joked joe biden and socialism. "the kudlow report" begins right now.  >>> good evening, everyone. i'm larry kudlow. welcome back to the kudlow report, where we believe free market capitalism is the best path to prosperity. well, almost miraculously, the dow closed strong, and is literally, the last few minutes of today's trading session to finish over 9100, with a 15-point last-inning gain. it shows the strength of the big summer rally driven by better profits and improving economic indicators, including today's surprise, strong new home sales. and here's my key point this evening. this is a global rally from all corners of the world. in fact, we put it up on the full screen to show you. look at this. look at the g-3, all up what, 45, 44 and 42%. of and the emergin

and happy birthday, big ben. the london landmarks rings up 150 years.esco claims that american troops in iraq caused considerable damage to the civilian arm by using it as a military base. >> a helicopter landing pad for u.s. troops in iraq, build on one of the seven wonders of the ancient world. american forces did significant damage to babylon says reports from unesco. there is an american base here for your out after the april invasion in 2003. this was the location of the famous hanging gardens, the city where one of the first legal codes in the world was compiled. but the euan stresses, the damage did not begin when the americans arrived, nor did it end when they left. unesco's us and looting in trading on the black market have continued. but the americans to save would have been worse if they had not been there at all. unesco is looking to buy babylon to the list of world heritage sites. -- 25 babylon to the list of world heritage sites -- unesco is looking to havadd babylon toe world heritage sites. >> there is a picture of five iranian officials

ben stein will be here to give us his take. if you believe this country is great but the government is scheming to change this country forever, stand up and come follow me. oh, my goodness! i promised father -- by the way, they found my brother. i wanted you to know, they found my brother. i want to show our refounding father. here he is, right here. i promise i will never tell a lie. i mean, not really. hello, america. at the end of the sixth month, we've all read this, president obama looked at all he created and said "it is very good," and so he declared the 7th month a month of rest. yes, our messiah is going on vacation. here is the one thing. barack obama needs a say case. he must be tired. he spent the last six months transforming our country and most people won't either admit it or recognize t he told us he would do it and he is, but no one is paying any attention to it. if you give me the next few minutes, and please, please, open up your ear. put your politics aside. open up your ears and your eyes and watch with a fr

hello, ben. >> huge fan, huge fan. glenn: well, you also like the great state of idaho. >> i like idaho a lot. glenn: ben, here is the thing. we're talking about the 32 czars. the car czar just resigned. he may have a little bit of shadiness in his past, but we don't even really know who the czars are because they don't answer to the congress. they don't have to be approved by the congress. they can own stocks or bonds in companies and oversee them. they're not vetted even by the f.b.i. >> i'm not sure that's true. these people are ranked as special assistants to the president. i was once veft vetted by the f.b.i. to do it. i think they have to be vefted by the f.b.i.. there is a fraud here. the idea is to appoint somebody to a job and thereby the job gets solveed is ridiculous. you can appoint someone to the job and just because he has the job doesn't mean he has to solve the problem. he has appointed a california water czar. i don't see any moraine in california. what's going on here? >> it's because you choose not t

we'll ask the trader, plus big ben and the really big elephant in the room. we have exclusive details on why one of his biggest sponsors is choosing to ignore the rape acquisition thrown at this quarterback. we'll be right back here on "street signs." in these markets, i'm glad i turned to fidelity for an annuity with guaranteed income for life. that's right, guaranteed income for life. my annuity from fidelity means my retirement income is safe. it's guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... for details about guaranteed income for life. >>> okay. we have some news just crossing reuters wires right now. representative mike ross, the leader of the blue dog democrats, saying that there is no possibility of a deal on health care right now. the talks have fallen apart. so if you believe that gridlock is bullish, you might want to go out there and buy stocks right now. i don't know, just the latest thing we're sees cross the wires right now. earlier today,

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ben bernanke accused of being anything but gentle ben with bank of america.here is a probe to figure out whether the fed abused its power during the takeover of merrill lynch. scott garrett from new jersey was one of those lawmakers, he joins me now. welcome to the program. >> i like that tony soprano reference. stuart: well, you are from new jersey, and so am i. but i've got a sustain petition that you don't like ben bernanke and you don't want the fed to be the ultra regulator, as is the proposal. so you're coming up with an investigation to see exactly what ben bernanke did with b of a and merrill lynch and maybe stop the fed from being the uba regulator, as is the proposal. am i going too far? >> well, i like some of your points. do i like or not like ben bernanke? i like the man. i respect the tough position that he's in. as a matter of fact, just moments ago he was here speaking to a small group of us here on a whole bunch of these issues. but you're absolutely right on the aspect of i have real concerns about throwing a whool new slew of areas of autho

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>> the conversation i had with ben bernanke, i did have a conversation before this with ben bernanke. i had received a call from ken lewis telling me that he had been giving more thought to situation, and he and his board were increasingly concerned, and were considering exercising the mac law clause, and i had a conversation with ben bernanke before happened. but i will say to you, i have so many conversations with ben bernanke, i have a trouble distinguishing one call from another. and the call i had with him was not one where we were saying, now, let's get our script down. i had a conversation with ben bernanke, told him i had heard from lewis, and then afterwards, i got back to lewis with a conversation i just gave to you. >> let me ask you, either on skis or on a bicycle, was anybody with you when you made this call? >> i made the call from -- no. i made the call from my living room, and at a ski cabin in colorado. >> and there was nobody else in the room at the time? >> unless one of the kids were running through the -- or one of the grandchildren. but other than that, i think i

we thank ben stein. larry elder. ben stein. judge joe brown. katherine jackson's attorney made a move that could affect the handling of her son's estate. find out what she wants next.  (announcer) you can make a bigger difference in the world. you can make a positive change in your career. you can make a greater contribution to the greater good. and you can start today, by earning your degree online... at walden university. where advanced degrees advance the quality of life. >> larry: joined by jim moret, and ted rollins, cnn correspondent, we understand jackson senior had a statement today? >> yes, he basically talked about the young man that people speculated that could be michael jackson's son. the interviewer asked joe jackson about it. >> larry: let's watch what he said. >> so many things, but the other day, michael may have had another child. omar is his name? everyone was sitting there. everyone tried to connect dots. do you know him as michael's other son? >> yes. yes, i did. >> he looks like a jackson? >> oh, yes. he looks like a ja

ben bernanke would just give me king dollar, i could get really bullish. know what, free market catholici capitalism this is best path to prosperity. "cnbc reports" with my pal dennis kneale. >> hello. thank you very much. "cnbc reports" right now. >> tonight on "cnbc reports." charge! the bull run rolls on. the dow scoring late gains finishing the day up 67 points. nasdaq up ten straight days. key earnings, new numbers and new reason for optimism. we have you covered. something is lurking out there that could take the market down like a great shark on a slow and wounded sea. new tax, health care, increased spending. tonight, why he -- >> what i have to remind people of is that doing nothing doesn't mean you just keep what you have. doing nothing means that you're going to lose what you have. >> reporter: sounds so similar to her. >> we cannot go on the way we have been going. >> reporter: why dennis thinks ben bernanke saved his job today. this is "cnbc reports" and it all starts right now. >> good evening. i'm dennis kneale. sell-off? what sell-off, scot

we thank ben stein. larry elder. ben stein. judge joe brown. katherine jackson's attorney made a move that could affect the handling of her son's estate. find out what she wants next. >> larry: joined by jim moret, and ted rollins, cnn correspondent. ted, we understand that jackson senior had a statement today. >> yeah, very bizarre. did an interview with joe jackson. he basically talked about the young man that could be michael jackson's son. the interviewer asked joe jackson about it. >> larry: let's watch what he said. >> so many things, but the other day, michael may have had another child. omar is his name? everyone was sitting there. everyone tried to connect dots. do you know him as michael's other son? >> yes. i knew he had another son. yes, i did. >> he looks like a jackson. >> oh, yes. he looks like a jackson, acts like a jackson, can dance like a jackson. this boy is is a fantastic dancer. yes. >> thought maybe he's the future of the family. >> i don't know. i can't say it yet, until i see it happen. >> larry: okay. stranger and stra

if you have been to london and you have heard a big ben, you can imagine how loud it would have ben. >>> tomorrow is a huge day, and lance armstrong trying to make his move and the world's most famous by greece. could the nationals get back on track in houston? the sports is coming up. >>> the nationals in a war tonight against thhouston astros. this went back and forth, while the finish. willie harris on second. right up the middle. here comes terrace around third, coming home, he is out at the plate. bottom of the night, still tied. a high fastball, into right fieldthe astros win, the national dropped their second street in houston. >>>. cecil tonit pitching against the orioles in baltimore -- brett cecil tonight pitching against orioles in baltimore, putting on an impressive performance, allowing just four hits. he picked up the victory as the blue jays blanked the orioles. >>> climbing the mountains in france was a little too challenging for lance armstrong today, falling back to the middle of the pack, pushing back to third in the overall standings. his fellow american cyclist c

the head of the american central bank, ben bernanke, says the u.s.conomy is improving, but unemployment is set to rise further. the former guerrilla force in kurdistan fought the iraqi army during the reign of saddam hussein, but now it is changing roles. >> they used to be rebels. but today, they are one of the most organized forces in iraq. they are the kurdish peshmaiga, if which means, those who face death. >> the soldiers used to be a guerrilla fighters and now they have come down out of the mountains and where the iraqi before. >> this force has been protecting the kurdish since 1991, at the very important part of the new iraqi security forces. >> these checkpoints are being controlled by the kurdish. >> this man used to be a rebel. he spent most of his youth fighting in the mountains. today, he is in the peshmaiga force. >> i consider myself a soldier of the iraqi federal army in the kurdistan regional government, but we have a dream to become an independent nationç >> in recet months, the iraqi army deployed a battalion to the disputed city

. >> and allegations ben ben rothlisberger today. more on the hotel where a woman says he raped her. >>> and weather from the west coast to the northern plains. >> you know you have a bit of a weather nerd in the studio when you see this going on. >> here he is, the total eclipse of the heart, meteorologist justin berk. >> thank you so much. by the way, sweet 16 days left? >> yes, 16 days. >> until miss is no longer miss but mrs . >> another eclipse. >> eclipse of the heart. >> turn around, bright-eyes. >> thank you. >> big storms rolled through carroll, westminster, manchester and towards the hereford zone, southern pennsylvania, we had showers roll through and even dime-sized hail according to norm lewis. showers from eastern virginia, i think we'll stay dry, 6 now. a muggy start -- 67 now, a muggy start with patchy fog to the north. our two-degree guarantee of 86. now back to the roads and get a first check of your commute. >> good morning. good news in harford county. that earlier downed tree has been cleared out of the roadway,

and then ben bernake was on c-span or he talked about the budget in congress earlier this week. he made the point fairly clearly that the fed has kept a lot of these credits that have taken over from the private banks on short maturities. so that are renewable every 30, 45, 60 days, which means that if the private process of credit creation restarting and the fed can very quickly wind down its own positions. as a second element, a few months ago congress gave the federal reserve in the authority to pay interest on reserves that the banks are holding with the federal reserve. now, and at one point in time the federal reserve would start to see that credit creation by the banks on the basis of these reserves starts again very quickly, they can offer in interest rates on those reserves which could mean that the banks won't use of these reserves as a basis for credit creation. so they basically have to tools to present when a lot of people fear these days, an inflationary binge that would -- if a the fed -- let me put it this way -- if the fed does react to slow it will have inflati

ben, let's talk about the czar.peaking of president nixon had, one.... >> there is no pro vision in the constitution for czars. this is something that is made up. these are essentially presidential assistants. they go to the president and say you are a bad boy. they have no power. steven rattner had no experience in car czar. he has no experience. we don't know he is going to accomplish anything useful dpeorp ruining the rights of a lot of creditors. >> glenn: he was an investment banker. >> his record in making money for anyone than himself is quite mediocre. >> glenn: he ran a group? >> some of those make money and some of the years he didn't make money and he is under investigation by the attorney general of new york state for possibly paying bribes, there is no certainty about it to get state pension fund business. i think that is why he is gone. >> glenn: you'll go for your guy being taped and breaking in but somebody can't bribe somebody for business? >> i think its double standard. you're totally right. >> gl

we're going to have ben bernanke back on the hill today. he gave a fairly good performance defending the hill yesterday. we saw yields move down on the back of that. right now we've got the ten-year bund at 3.35%. the ten-year note here in the states had moved lower, as well. this hour, it's trading at about 3.48%. taking a look at gold, we saw a bit of a move to the upside as south african producers averted a strike coming to wage agreements there with workers this morning. we're moving down just a skosh, off 1.85. candice lash is joining us to talk about it this morning. dedia barovsky. welcome to both of you this morning. thanks for joining us. we see in the standard & poors 500, moved towards real resistance levels. can we move forward? can we see this earnings enthusiasm push us higher? >> well, thank you. if you will, the economic cycle in the united states for sure, sentiment has improved and for households and we expect a rebound. so there is good news in the pipeline for the u.s. economy. and to some extent, we will see a rebound i

ben tracy. ben, thank you so much.'t be here shared in the mourning and the memories and the music. all over the country and all over the world. here's jeff glor. ♪ hallelujah... >> reporter: at the a.m.e. church two miles from the staples center, an emotional crowd watched, danced, and dang. ♪ that's why i want you know i'm starting with the man in the mirror... ♪ >> reporter: from churches. >> i just wanted to be around people that cared as much about michael as i did. >> reporter: to theaters, to city streets mourners gathered across the country.& >> it's also a celebration of one's life. so we just wanted to be a part of that. >> we're going to say good-bye to michael in our way. >> reporter: at neverland ranch, single white gloves on visitors and in detroit a motown tribute. in new york, the memorial was broadcast in times square. >> just that one human being out of millions and millions of people that can actually make an impact on so many people. just one person. it's amazing. >> reporter: and in harlem, fans fi

a tough reality check. >> couric: ben tracy reporting from los angeles, thanks, ben. also in financial trouble tonight is the leading business lender. it's a century old c.i.t. group. it has more than $5 billion of outstanding loans to more than a million borrowers. now nancy cordes tells us the government appears ready to allow it to become the fourth-largest bankruptcy in u.s. history. >> reporter: c.i.t. may not be a household name but it borrowers are. dunkin' donuts, filene's basement, dairy queen. c.i.t. is also the nation's largest lender to small businesses. and it's teetering on the brink of bankruptcy. >> c.i.t. made a lot of aggressive loans, loans to businesses that are on the panel edge. many of them can't pay c.i.t. back and therefore c.i.t. is in its own financial trouble. >> reporter: discussions with government agencies have ceased. the $60 billion company announced this morning c.i.t. hoped for a second government rescue after getting $2.3 billion in bailout funds last fall. is there any chance if c.i.t. goes under taxpayers will get that money back?

pittsburgh steelers quarterback ben rothlisberger says he did not sexual assault a woman a year ago. an investigation has not begun, however, ben's lawyers says his client will fully cooperate if one gets underway. >>> rich hill couldn't get out of the fifth inning tonight. tonight started jason burke and his 1-7 on the year. orioles evidently have a bad case of being homesick. they've lost 24-26 games on the road against their al east buddies. last night the yankees beat the orioles for the second night in a row 6-4. the orioles will play an afternoon game in the bronx and then head to boston. >>> we could be heading to sarasota next spring, spring training. there's a deal in the works to bring bring the orioles to the west coast this time. city officials will meet in sarasota at 1:00 to bring them to town. "the sarasota herald tribune" reports a tentative deal has been reached. >>> the longest solar eclipse of the 21st century put asia into near darkness just after the sun rose. this is video as it was seen in india. millions watched this once in a lifetime phenomenon. at its peak

but ben just mentioned the congressional budget office and we have a rather -- ben, i'm talking, it's my show. hold off. if we can get this one quote here, up on the screen. from the guy who runs the cbo, the congressional budget office. the director, doug elmendorf, says obama cost saving are elusive and he says it raises the amount of activity that is growing at this unsustainable rate. julie, the fact is, if you insure 45 million more people, our health care costs are going to go up, not down, unless you fix those other things you talked about. >> listen. elmendorf came out and said this and response to that, barack obama came out and threw down the gauntlet and said to congress, you need to do better. >> he got into a snit. >> he's agreeing with this guy. >> no, he's not. >> he's not?! >> obama has a history of not telling the truth on this. during the primary with hillary clinton? he said that health care would cost the federal treasury nothing, net zero. he has lied about this issue, he has a terrible history of not telling the truth on this issue. he's changed his story four or

in an unprecedented move, fed chief ben bernanke holding a town hall meeting to bring his expertise to directly to the american people. in "the call" of the wild, is he being more transparent or just trying to save his job? can't do anything right anymore. we are "the call." this is cnbc. >>> hello, everybody. stocks getting a brief boost from strong new home sales which soared 11% in june, heck of a number, largestnthly increase in nearly nine years. but the rally is short-lived. stocks are off some. instinct today, gold is rattling around, oil is rattling up and the treasury bond rate is up to 375 or thereabouts. that is a sign of economic strength. let's just take the s & p is down 4, call it 5 points, about a half percent. dow off 38 points. the nasdaq dropping about 13 points why know. i've seen worse. to me, it looks pretty good. diane olick is in washington and she will give us the details of this incredibly strong home sales number, new home sales roaring. hello, diana. is this the bottom, most bullish thing you have ever seen? >> a very strong report, larry, we are seeing sig

it's the ben nelsons of the world.e sold on it yet but they're at least in the middle. and there are some who are further along towards the obama position. so what we're going to see is a battle by democrats and the grassroots network that president obama built during his campaign that is now organizing for america out of the dnc, to really hold that line. and the other groups pushing to sway moderates and conservative democrats into the "no" column. one thing that they have going for them, though, that the folks pushing the health care plan have going for them, that is august traditionally is a month where not a lot of folks are buying attention, particularly in an off year. they're taking their kids to the beach, to the pool, they're focusing on ball games, they're not watching a lot of tv. >> i'm going to be hosting a radio town hall meeting tonight here in portland. i can tell you, if it's any indication what was i saw in madison, people are fired up for this issue. i think it's going to be a very active august. na

ben bernanke's war on thegreat panic. tonight he'll tell uswhat bernanke ws up to this week. >> that's right, gen. the poor guy went to te hill three times, ce in the senate and ce before the house. he had a ve consstent meage. things are etting a little better and i eserve some of the credit. and arney frank to him no one got elected with abumper sticker sayin you could have been worse. he said, you real do need to hange the regulory -- financial regulatoryapparatus so wdon't go through this again. and i'm 100% behind ti ithner, the treasy secretary and h plan, except r the things i don' want to . he said to congress emphatically he htes this bill ron paul is pushing th has the surpsing support of 2/ of thehouse that would gi the government e accountaility office the right to audit te feds' monetary policy, their interest rate decisions and basicaly said if yodo that the fd will lose its independence a we'll have inflation. was very strong on that. and he said, as ou said, i've got an exit trategy in mind so you don't ha

big ben says he has an exit strategy to stop inflation.>> the new california budget. read my lips, no new taxes, plus drill drill drill off the coast off santa barbara. and bonds love bernanke and the major index is bullish across the board. plus, we have market expert who thinks the dow is going to 14,000 in a couple years. house demps postpone the health care vote until after the august recess, maybe forever. health care stock soared today. do you think there's a connection? i do. "the kudlow report" begins right now. good evening, everyone. i'm larry kudlow. welcome back to "the kudlow report," where we believe free market capitalism is the best path to prosperity and that path should include king dollar and stable prices. i'm not sure if fed head ben bernanke is going to deliver those goods. he talks about an exit strategy to end zero interest rates but i'm not sure i will see it in my lifetime. as greenspan's right hand man and co-pilot. he stayed too easy in '04, 5 and 6, housing inflation and bubble, that led to a difficult recessio

aloof ben says the visit is significant for a couple of reasons. >> one it is an opportunity for the iran government to fix the most -- some of its disagreements with the obama administration. most specifically on the part of iran, we have sent in recent weeks the better cooperation and understanding between israel and the obama administration on how to deal with iran on the nature of the iranian threats. and one example of the stability of the nation is the stoning down of the israeli rhetoric vis-a-vis iran. >> reporter: but just yesterday israel's foreign minister speaking in argentina called and it's not threat only for israel, it's a threat for entire world. >> how to respond to iran's nuclear program is again making news. this week, u.s. and israeli officials have boarded a test of a planned missile defense shield for israel. for more on iran, we're joined by anthony cordesman of the strategic and international studies in washington, d.c. thank you for coming back. >> pleasure. >> we haven't heard a lot lately about the that israel might attack iranian nuclear sites. so where d

aloof ben is editor-at-large at israel's hireaat newspaper. >> what we hear from sources is there has been progress in trying to, not resolve the issue, at least finding some way to push it aside so that it will not be -- for negotiations between the israelis and the palestinians. >> one subject that israel and the united states have greater agreement on is the need to halt iran's suspected nuclear weapons program. the u.s. secretary defense secretary roberts gate and national security adviser jim jones will both number israel next week, presumably to better coordinate their approach to iran. aloof ben, says it is significant for a couple of reasons. >> one it is an opportunity for the government to fix the most -- some its disagreements with the obama administration. most specifically on the part of iran, we have sent in recent weeks the better cooperation and understanding between israel and the obama administration on how to deal with iran on the nature of the iranian threats. and one example of the stability of the nation is the'46 down of the israeli rhetoric vis-a-vis iran. >> r

what do you think of these markets and what do you think of ben bernanke today? do you think he gets reappointed. >> i think he gets reappointed. the only thing he that sand op-ed piece is he thinks the fed exit will be smooth and timely. he's a smart guy. he clearly stated today he has four or five ways to take out excess liquidity, $800 billion in reserves. he has a plan and not afraid to leave the bunch bowl maybe a couple minutes longer than he should and under such skrcrutin won't make the mistakes greenspan did and didn't say anything different other than the smooth and timely part. >> one clear message, he will not be raising interest rates too soon. we may not see it until 2011. that could be good for the stock market if he holds to that, true? >> those are interesting and important, huge institutions, endowment funds, pension plans, dramatically underowned large cap quality u.s. individual investors own the least amount of common stocks they owned as a percentage of their net worth going back the last 15 to 25 years. what you've got, you've got what you'

ben, s srtrt uss off.. china and indy aren't going tot cuack on carbon emissions,why ououldwe. >> n no,nd the rest of the emergingng worldon't eheher. ththiss a pipe dream. don't want thehe president of the united statat of america living in n nererla saying wee will doomething that wiwi t happen. even the u u.n generaralsaid, a brbrliant point, i i don't usual like him. he said,ththis means nothingwhat he's proposing, if there's su a dire need we haveoo stop global wawarmgg right now, why does the p prededent say itit doesesn' happenoror 10, 20,00 yearars omom now. >>julie. >>e lead byxample andee emit m mee carbon and essssio than a aonone se in the w wld anshould lead byexample. diplomacy y s s be out of fashionn under the bush mimistration for eight yeyear ththwawayo get indiaiandnd chin and developingng wldld to co alg i is nenegoatat >> we l lea by exple.e. the rerestffhehe worldss sicicko usryryin to lead by example, lead by action. >>>> w d don ram it dnn their ththro by exampmple which isis we've b

ben, let's talk about the czar.no pro vision in the constitution for czars. this is something that is made up. these are essentially presidential assistants. they go to the president and say you are a bad boy. they have no power. steven rattner had no experience in car czar. he has no experience. we don't know he is going to accomplish anything useful dpeorp ruining the rights of a lot of creditors. >> glenn: he was an investment banker. >> his record in making money for anyone than himself is quite mediocre. >> glenn: he ran a group? >> some of those make money and some of the years he didn't make money and he is under investigation by the attorney general of new york state for possibly paying bribes, there is no certainty about it to get state pension fund business. i think that is why he is gone. >> glenn: you'll go for your guy being taped and breaking in but somebody can't bribe somebody for business? >> i think its double standard. you're totally right. >> glenn: i see it as such. >> this czar thing is out of

they listen closely to big ben. to find out what's happening in the economy.have our own look at the economy and take you to the frontlines to see whether your tax dollars are creating jobs. three states, three stories and then from main street back to wall street, one manager is back in the black, posting the first profit since '07. does that mean the bad stuff is over? we will have an exclusive and a new indicator for us. find out what we can learn from a $25,000 handbag. that's our show and it starts right now. let's check the markets for you now. the best performing sector on a day when health care reform seems to be moving forward. the worst performers, financials and a series of rough bank earnings. here now is the take center the trading floor. our own bob dasani from the floor and sick santelli from the pits in chicago. robert, let's start with you. >> we were up 70, almost 80 points in the dow. we sort of rolled over a little bit and maybe mr. bernanke is a factor. caterpillar was it. we were talking about this and the story is simple. they were talk

ben has been difficult. for some time even well before the may of scandal broke in the recent public criticism there was a growing sense of frustration at the staff level that we do not have the resources to deal will be racine and yet the expectations were still there. i think we have a challenge on our hands to wreak configuring the staff. which disorder for inter dependent on rebuilding public trust and credibility for the agency and their inter depended to some degree. gillette says the agency has never claimed it could prevent fraud but that it works to deter it and to education investors to spot it. online, you can hear some of the common red flags to watch out for. go to first business x dot com and search ponzi. online items from tight lending standards to healthcare reform...on our website how some small business owners are coping with the current economy. .. and bracing for future challenges. plus, why the securities and exchange commission may not be equipped to go after every instance of investme

little ben is a miniature clock tower facing the station. modeled after big ben. not so little. 30 feet tall and the ticking i generally inaudible but london will celebrate big ben's 150th birthday tomorrow so little ben doing its part, chiming on the hour with the borrowed songs -- bongs, i should say, of big ben. a recording broadcastrom built-in speakers. >>> still ahead, we are going to meet a florida woman who has just given birth to her third set of twins. >>> also, we will talk about sports. hakem is here and we will have that coming up. having the right tools is crucial to being able to manage your diabetes properly. it's very important for me to uh check my blood sugar before i go on stage. being on when i'm feeling low can be like a rollercoaster. it does at times feel like my body is telling me to do one thing... and, my mind, my heart is telling me to do something else. managing my highs and lows is super important. with my contour meter i can personalize my high/lo settings so it really does micromanage where my blood sugar needs to be. i'm nick jonas

that was chairman ben bernanke's message for congress today, saying the fed intends to keep interest rates low and credit easy for quote an extended period. bernanke said it's the right policy, even though the economy is showing quote tentative signs of stabilization. the chairman also reassured investors the central bank has an exit strategy ready to go once it's time to reverse its easy money policy. darren gersh explains. >> reporter: always cautious, the federal reserve is checking out the exits in case of an inflation emergency. a jump in prices would require the fed to unwind the $600 billion it has pumped into the economy. but chairman ben bernanke made it clear he and his colleagues are not expecting to put an exit strategy into action for "an extended period of time." vince reinhart is a former senior staffer at the fed. he says the central bank won't raise interest rates or tighten credit until it believes a durable economic recovery is under way. >> they don't have that evidence yet, and they are trying to send a signal to push back against market participants who are expe

. >>> and later is big ben in trouble. wait until you hear when the superbowl champ is being sued. fox 5 news at 5:00 is coming right back.  >>> was it racism or just a big mistake? a respected harvard professor arrested for a break-in at his own home. the whole mess sparked by a 911 call about two black men breaking into a house in cambridge, massachusetts. it was noted scholar, henry lewis gates, jr., trying to get into his own home. cops came and the words were exchanged and today the d.a. is weighing in. shirley has the latest. >> reporter: the professor lives notice house behind me. a day after this case made national headlines, it's been quickly resolved and police deny this was racial profiling. the charges of disorderly conduct dropped against harvard professor gates. >> you have two human beings reacting to a set of circumstances and at the time cooler heads did not prevail. >> reporter: gates considered one of the most prominent scholars of african-american studies has often written about race. last week he became the subject of a racially charged inci