she broke the stories on ben gas si and has not been heard from ever since. >> do you think it's thathe media chasing stories that as deep? by that i mean it's easier to just package other things that don't require as much thought. >> well there is a lot of that. but the old adage, if it bleeds, it leads. this is a story that bled profusely, especially when you had all the visuals. a huge, huge story that commanded the audience's attention, and it was an important story. so, this woman was reporting it. what almost stunned me about her approach was the lack of followup. we should break a report about benghazi, it was real terrorism, not a video, and you would thick everybody at cbs would follow up on the story. yet after she reported it in 2012 for four months she did not do a next story and then another five months before she did the next story. that's a network not allowing a reporter to report the news. >> when you look at the history of how certain issues were treated by the media, including tax cuts, greedy sobs, the way the media portrays budget battles. republicans are obstinat

. >> there has been an explosion in libya, reports of a car bomb in the eastern city of ben ga b.ive people have been killed. many injured. >>> ros, what does the u.s. pentagon say about this operation. >> reporter: they're basically saying that the u.s. government was requested by libya and by cypress for help in trying to regain control of the tanker, which had left the port late last week and was under the control of a group of libyans who are upset that the central government isn't trying to share oil revenues with the eastern part of the country. now what happened apparently was that around 10:00 late on sunday night in the eastern mediterranean a team of navy seals from the uss roosevelt boarded the ship and took control. the ship is now on its way back to a libyan port. we don't know if they are he's headed back with sailors maintaining control of the vessel. it presents a bit of a boost to the government in tripoli, which of course saw it's prime minister kicked out late last week because of the seizure of this ship and the hijacking of these millions of barrels of o oil.

back a little bit towards the end so i think she's gonna be in the same camp as ben was and continue to have her foot on the gas as she needs to. >>it seems like ben bernanke redux. she didn't really have any surprises. we almost expected the tapering to continue in increments of 10 billion dollar reductions. >>exactly. the sad thing is we're still printing $55 million a month in money. we are tapering. we have a lot of issues in this country. we're still light on jobs. we still have other problems to deal with. so again the fed will be standing by if needed. >>metalsno surprise there eithershowing some weakness on wednesday. >>i think that's a great point. the metals did show a little bit of weakness. they have had a very big rally here. especially gold coming up from around that 1200 level all the way to almost 1400. but i do think you are starting to see a shift out of some of the equities and into the precious metalssome gold, some silver. also until yesterday there was a little bit of a shift into the bond market as well. >>are things going to be settling down for the next week or so? >>i would think so. u

ben bernanke. they are reluctant to take her foot off the gas pedal.what is going on with all of the liquidity pumped in by the fed? >> yes if they don't start whacking it off. down by 10 or 12 billion per month ma maybe the end of this year's right, down by 40 or 50 billion. i do see a negative because it will cost the market to go down. all the problems are because of that backing off of the $20 billion in investors are afraid of more. gerri: you look at this every single day, what is your concern about the market right now? >> the rise in food inflation. everything from coffee and sugar, everything going up very high. the market getting a bit frothy. gerri: that is not a good combination, is it? >> we are seeing shop in food, orange juice, switching the container, they went from basically double insulated, now charging the customer not 4 pounds, now with more. gerri: steve, last word. >> the second half of this year will be problematic. we will be okay until july, but the second half of 2014 the market will be flatter than it is right now. gerri: on

natural gas and crude oil exports, what some of the biggest names in the energy business are saying about the major issues facing the industry. >>> encouraging words about the u.s. economy today from ben bernanke. in his first public speech since stepping down as chairman of the federal reserve at the end of january, bernanke spoke at a financial conference in the united arab emirates, saying the outlook for the u.s. is positive compared to the rest of the industrialized world. he believes the u.s. economy will continue growing at a rate of around 3% this year. >>> president obama may be counting on that kind of growth or even more for the year ahead as he unveiled a proposed $3.9 trillion federal budget for the year 2015. fiscal year, that is. it focuses on ending tax breaks for the wealthy in order to pay for massive improvement projects for the nation's crumbling infrastructure. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the we wealthiest americans or create jobs and grow our economy and expand opportunity for every american. >> but the president's proposed budget is not likely to get thr

wouldn't be all the way ben judah was talking about, but some sanctions will be appropriate and accepted. for example, if we talk about germany, it receives a lot of russian gas. would germans agree to block... >> at the risk of doubt date. >> exactly. i am sure, and we keep talking about it, the consistency about the ambassador saying consistency of approach is important. not john mccain screaming against president obama, but all western leaders getting together to decide how they are going to cut off the power. i agree with ben judah, that if russian government or vladimir putin would be forced to bring money back to russia to have issues with travel, to have issues with international legitimacy, his regime will collapse. >> it's a house of cards. >> i keep saying, he will choke on ukraine. he will get what he created. >> alexander motyl, ukraine, what is happening there is creating fears in other parts of that area. probably nowhere more that in the small baltic republics of latvia, estonia and lithuania. which are members of n.a.t.o. if vladimir putin gets involved because of ukraine to go in further, those are worries. >> absolutely, and the reason for t

ben filed yet. it could indicate pg&e intend to fight the charges. tom vacar, ktvu channel 2 news. >> our coverage continues online to www.ktvu.com. you will find raw video of the 2010 fire. >>> gas the rise in the bay area. it says the average price for a gallon enoakland is $3 going -- in oakland is $3.95. san jose $3.97. san francisco $4.04. apogean cents a gal -- up 15 cents a gallon. >>> the government closed the investigation into tesla after they agreed to install protective shields. they will prevent debris from damaging batteries and possibly causing fires. last year two tesla cars caught on fire after debris damaged the batteries. >>> the federal trade commission announced a settlement with two companies. fandango and credit karma failed to use a security mechanism that protects information. the agency says that is despite the promise they made to customers their perm information was -- personal information was secure while using the app. >>> getting married, good for your health? the benefits. >> it mystifies me. on every level. why this was done. >> governor chris christie taking questions. the announcement he made during his first news canference in two month -- conf

ben eris publisher of the magazine business new europe is not optimistic. you can have energy for free if you take it you need to pay for it and ukraine has not paid for its gas and at some point like in any business if you don't pay for what you receive and get cut off any short term credit that the european union gives bush the talking something on the same order will be immediately swallowed by the gas to ukraine himself in asking for thirty five billion dollars which is not only some mountain for europe's turnaround suddenly from this crane thirty five billion dollars it's going to cause problems both with the governments at home who have to give this money to see europe this stuff is in recession it's going to be a very hot indeed comes at a time when europe really can't afford to be telling out billions of dollars to other countries now if you've been tuning in over the past few days it you know that we have been fact checking the western media reports about the crisis in ukraine some of them have been lacking in both accuracy and integrity here's our teaser going into cannes most recent report. the u.s. state department sent out these bullet points to

gas from russia. there's the talk of targeting the oligarchs in russian that their cash into london real estate in european banks that don't hold your breath argues a journalist and author ben judah and politico. he says in an article entitled to them why russia no longer fears the west the eu could with a sudden rush of money laundering investigations and visa bans. cut them off from their wealth time and again they've watched european governments ball passing anything remotely similar to the us many its key act which bars a handful of criminal officials from entering the united states. what would you say when people from america stay well. europeans don't have as much by when it comes to taking on the russians. it's fairly chewing gums this is indeed the two extensions sweeney just like quitting and cc meeting to explain to him urinating on a new cia. if you can be extremely useful in guests. yes we should have one. and second because. we have to actually hunt with the u nineteen police when asked what they can get them i'm an optimist i'm trying to be an emptiness that mean it's i think it's my duty as a presentation between each mouthful at the kc to keep on thinking ex

avoid all of that but ben errants publisher of business news europe isn't optimistic you can have energy for free if you take it you need to pay for it in ukraine has not paid for its gas and at some point like in any business if you don't pay for what you see. in the short term credit to space that something on the same order will be immediately swallowed by the gas to ukraine himself to be nasty to thirty five billion dollars which is a moment for europe to suddenly print thirty five billion dollars it's going to schools problems both with the governments at home who have to give this money. this is in recession it's going to be very hard indeed comes at a time when you're really can't afford to be doling out billions of dollars for the countries. if you've been tuning into some media this week you could be forgiven for thinking the world is on the brink of war pundits have been pushing this science message whether that means ignoring the rise of fascist in ukraine cheering on calls to boycott the paralympics archie is going to choose you can has been keeping up with what's being said. the u.s. state department has sent out these bullet points to the media titled. fa

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