and burt brazil -- and brazil is one of our major allies. countries that are economically stable, in particular chile, colombia, peru, we can work with them very well. there's probably no problem because economic stability has provided strong support of open democratic societies. countries like venezuela and ecuador have tremendous political problems and will always have them ver. host: arlington, va., on a republican line. caller: it is interesting because we are talking about the governmental systems of latin america. maybe we should be talking about their economic situation. most of them are socialists. brazil is a socialist country. zelaya tried to change the constitution in order to extend his reign and the military stepped in and ousted him. there is a cause and affect their parenere. \ hugo chavez in venezuela is a wacky gag paruy. the russians were playing word games with these guys and offering to build nuclear power plants for them. in exchange for natural gas. i think there is a threat there with russia and iran and with venezuela

and burt brazil -- and brazil is one of our major allies.those countries that are economically stable, in particular chile, colombia, peru, we can work with them very well. there's probably no problem because economic stability has provided strong support of open democratic societies. countries like venezuela and ecuador have tremendous political problems and will always have them ver. host: arlington, va., on a republican line. caller: it is interesting because we are talking about the governmental systems of latin america. maybe we should be talking about their economic situation. most of them are socialists. brazil is a socialist country. zelaya tried to change the constitution in order to extend his reign and the military stepped in and ousted him. there is a cause and affect their parenere. \ hugo chavez in venezuela is a wacky gag paruy. the russians were playing word games with these guys and offering to build nuclear power plants for them. in exchange for natural gas. i think there is a threat there with russia and iran and with vene

it would be brazil. and then following that, india and russia. >> are there sectors that are leading the growth, in your opinion? >> there are two sectors we're emphasizing. first is commodities. we believe that commodities will continue to trend upwards. there's the demand/supply situation is such that we see higher prices. the second area would be consumers. per capita income is going up at a rapid rate. shopping everywhere. big malls are being built. i was amazed in jordan, for example, one of the largest malls i've seen. of course, here in dubai the largest mall in the world is now in process and working. so i see lots of opportunity in the consumer area. >> what about the u.s.? what does it look like to you in 2010? >> the u.s., i believe, is going to have a recovery in 2010. and, by the way, that's one of the reasons why we think emerging markets will do well. because although emerging markets have suffered on their exports to the u.s., in 2010 you're going to see a recovery. with this u.s. recover

do you think there's hope for this child to be returned to brazil? >> no.erra said it's not over until it's over. this one's over. no way he's going back to brazil. on a human element, this maternal grandmother lost her daughter. the child from her daughter. you can see where she's coming from. >> sure. >> my dad always told me with bees you make honey. olive branches to mr. goldman they probably would work something out. no hope of salvaging that relationship now. >> most interested. read the article in "time" magazine. richard, tweeting while on jury duty. some would think, yeah, no-brainer. can't sit there and tweet about what's going on in the case. it would surprise people, in some places you can? >> federal court, can cannot bring a phone, blackberry or anything. state courts you can bring them in. what's happening here is the jurors, most cases are settled, brooke. avery will tell you, most cases settled, don't go to trial. the ones that go to trial have been in the making for years and people's lives are on the line. the future of their families are

at least 60 people have been killed since rain started pounding southern brazil on wednesday.ides buried entire homes and shut down a major highway. rescuers are looking for survivors, sometimes digging with their bare hands. and it is heart-breaking work. but rescuers celebrated when they dug out a toddler whose entire family was killed at home but the little girl later died in the hospital. >>> i'm meteorologist reynolds wolf and we've got a two-part weather story. part one will deal with an area of low pressure up in new england bringing heavy snowstorm and can provide up to a foot of snow. the second part of the story, the bitter cold that's going to be moving into at least half the nation. let's start with the snowfall first. it all stems from this area of low pressure which is not only drawing moisture from the great lakes and the sane lawrence seaway but also the atlantic ocean. the low will pick up that moisture. as it falls through the lower levels of the atmosphere, we'll see some snow pile up. that coupled with very windy conditions could give you nearly whiteout co

and burt brazil -- and brazil is one of our major allies.those countries that are economically stable, in particular chile, colombia, peru, we can work with them very well. there's probably no problem because economic stability has provided strong support of open democratic societies. countries like venezuela and ecuador have tremendous political problems and will always have them ver. host: arlington, va., on a republican line. caller: it is interesting because we are talking about the governmental systems of latin america. maybe we should be talking about their economic situation. most of them are socialists. brazil is a socialist country. zelaya tried to change the constitution in order to extend his reign and the military stepped in and ousted him. there is a cause and affect their parenere. \ hugo chavez in venezuela is a wacky gag paruy. the russians were playing word games with these guys and offering to build nuclear power plants for them. in exchange for natural gas. i think there is a threat there with russia and iran and with vene

. >> president ahmadinejad of iran is in brazil. that of course has caused some consternation on the part of the united states. what do you think about the president of brazil entertaining ahmadinejad? >> i wish the president of brazil would put his foot down and tell ahmadinejad what we want to tell him. that it is unacceptable this madman regime to threaten israel, to wipe it off the face of the earth and to spew his hatred of america. i would hope that the president of brazil would forge even better relationships with france, with britain with america and start looking at joining us in the sanctions that we should be applying to iran. instead of just talking about the sanctions all these great ideas we have to not allow them to capitalize on favorable er to deals or continued imports of petroleum, refined products, but sanctioning this country until they start changing their behavior. i would like brazil to join in that >> how do you describe the president obama foreign policy direction, philosophy with president bush, what is th

. >> president ahmadinejad of iran is in brazil. that of course has caused some consternation on the part of the united states. what do you think about the president of brazil entertaining ahmadinejad? >> i wish the president of brazil would put his foot down and tell ahmadinejad what we want to tell him. that it is unacceptable this madman regime to threaten israel, to wipe it off the face of the earth and to spew his hatred of america. i would hope that the president of brazil would forge even better relationships with france, with britain with america and start looking at joining us in the sanctions that we should be applying to iran. instead of just talking about the sanctions all these great ideas we have to not allow them to capitalize on favorable er to deals or continued imports of petroleum, refined products, but sanctioning this country until they start changing their behavior. i would like brazil to join in that >> how do you describe the president obama foreign policy direction, philosophy with president bush, what is th

. >>> there's no relief in sight for parts of brazil where heavy rains and mudslides are blamed for dozens of deaths. officials say at least 60 people have been killed since rain started pounding southern brazil on wednesday. mudslides buried entire homes and shut down a major highway. rescuers are looking for survivors. sometimes digging with their bare hands. and it is heart breaking work. but rescuers celebrated when they dug out a toddler whose entire family was killed at home. but the little girl later died in the hospital. >>> i'm meteorologist reynolds wolf for hln. we've got a two-part weather story today. part one deals with an area of low pressure up in new england that's going to bring heavy snowfall. and could provide up to a foot of snow in some places. the second part, the bitter cold that's going to be moving into half the nation. let's start with the snowfall first. it all stems from this area of low pressure which is not only drawing moisture from the great lakes and st. lawrenceseaway but the atlantic ocean. that low picking up the moisture and as that moisture falls thro

in energy, brazil has an enormous experience in biofuels. but this can be done and not just to help haiti but to make money. in the beginning, it can be to hydrate. biofuels coming from brazil, going to the u.s. market. then it can be used in haiti itself. finally, environment. haiti is a devastated land, from the point of view of the environment. i do not want to go into the causes, but that is the fact. so we would need a massive program, financed maybe by the world bank. but with also private sector interested in replanting trees in haiti, because otherwise, the country will continue to suffer from floods. floods do not come only because it rains. it floods because the environment is not adequately prepared to absorb those reins. if i could just finalized, since i always came to these forum to speak about trade. this is the time to show we are not only about profit and greed. this is the time for all developing and developed countries that can do so to offered duty-free, quota-free to all asian products with facilitated rules of origin --

in energy, brazil has an enormous experience in biofuels. but this can be done and not just to help haiti but to make money. in the beginning, it can be to hydrate. biofuels coming from brazil, going to the u.s. market. then it can be used in haiti itself. finally, environment. haiti is a devastated land, from the point of view of the environment. i do not want to go into the causes, but that is the fact. so we would need a massive program, financed maybe by the world bank. but with also private sector interested in replanting trees in haiti, because otherwise, the country will continue to suffer from floods. floods do not come only because it rains. it floods because the environment is not adequately prepared to absorb those reins. if i could just finalized, since i always came to these forum to speak about trade. this is the time to show we are not only about profit and greed. this is the time for all developing and developed countries that can do so to offered duty-free, quota-free to all asian products with facilitated rules of origin --

we're going to ask our contributors donna brazil and rowland martin. >>> a look at the year in politics. who made headlines in 2009 and why? >>> this image was a source of pride for the world, united states and especially many african-americans. the election of the first black president. but as some of the joy turning sour, while president obama maintains a broad and deep base of support among blacks, some are grumbling. one of them actor danny glover. his stinging criticism of president obama is raising some eyebrows and provoking thought. it was a hot topic when wolf was here for a strategy session with cnn contributors roland martin and donna brazile. >> roland, i'll start with you. i read that -- those comments by the actor danny glover on the website the daily beast. among other things he says this, i think the obama administration has followed the same playbook to a large extent almost verbatim as the bush administration. i don't see anything different, the domestic side. look here, what is so clear is that this country from the outset is projecting the interests of wealth and pro

brazil has a project to get computers across brazil. to drive up demand, you also need to work in underserved areas to get people to get on the internet and to be using these services. i think it is a whole approach. is the non-profit sector, the private sector, and the public sector. local government has played a key role in this. >> along with the broadband deployment, the fcc is also looking at net neutrality and adding rules to net neutrality. you recently sent a letter to julius genachowski and others. >> we support an open internet, but at the same time, we have to look at some kind of reasonable network management as part of the incentives with the people who are investing in building these networks. if you had a total of neutrality, it would mean there would be no prioritization of any of the data bits on the internet. you will have latency issues and drops and it will not work. similarly with video, you need to be sure there is some priority in keeping the bits together. we call that managing the services, to some extent. if th

searchers are still looking for survivors but dozens are confirmed dead in brazil.ittle boy killed in church. police in georgia are searching for a person who shot a gun into the air. >>> and born today, born tomorrow. new year's twins with different birthdays but just barely. that's coming up. >>> taking out the tree. why the city is offering a green way to dispose of the holiday. >> i'm gigi barnett in cherry hill. that story is coming up. >>> the winds are high, the temperatures are low. how long will the conditions come with us? i'll have the forecast coming up. ,,,,,,,,,,,,,,,,,, >>> well, tonight, hopes are fading in brazil for the search for survivors. 64 people have been confirmed dead. the new year's day mud slides are triggered by 10 inches of steady rain. the mud made searching extremely difficult. >>> an attempted attack on a danish cartoonist leaves the suspect wounded and the government with al qaeda concerns. he made cartoons mocking the prophet muhammad. a somali man broke into his home armed with a ax and knife. when he wouldn't put them down, polic

bill: in brazil they have a president there. this guy is a pin head. this is what he said about the economy. >> it is p a crisis created and expanded by i are rational behavior by white people with blue eyes. >> we have blue eyes. we did it. >> oh, no. bill: white people with blue e eyes. >> the whole world is stirring up hatred. bill: this is the president of brazil. >> like the l chancellor of germany. bill: white guys with blue eyes caused all the problems. have you been to brazil? >> blond hair, blue eyes -- bill: i have been there. beautiful country. i understand you are a regular mark twain out there, excellent, beck. >> i don't know if mark twain would sell a lot of tickets. >> you are not going to run down mark twain. he's s a legend. >> we are having a great time. i'm sensing a real sense of responsibility in america. i am sensing real duty in america. i think people came out -- they are getting hard laughs. but in the second half i'm telling stories about the founding of america. bill: you saw my talking points memo. off the chartswh brillian

money is mobile now and set up shop in brazil and india and hire folks there. i think we treat these folks as scapegoats, and servants at our own peril because the tax -- >> i agree but very few are making the move. >> i talked about this exact news item a few weeks ago on the show, is great news for america because, yeah we're raising taxes, which is terrible and the other countries are more screwed up and london arbitrary tax on bankers is -- makes our taxes look like we're the most capitalist country in the world and in some ways we are not because we are doing things well but others are worse and as long as we're competitive, use the texas and california analogy with other major companies we are fine and can raise our taxes 5% as long as they do 10% and the take away for obama and the administration, don't go higher than the others and you'll be in? our corporate tax rate is second to japan, one of the highest corporate tax rates out there. >> america has the lowest tax total collected as a percent of gdp of any mainly economy in the world. >> when they tal

officials say more than 50 people have been killed after heavy rains hit brazil. they include at least 22 people who died when part of a mountain collapsed and slammed into an upscale resort popular with celebrities. other mudslides left hundreds of people homeless. >>> check this out. you're looking at the top of an suv, a father, son and friend parked on the sandbar of a river in oregon for a new year's day fishing trip. when rain started pouring, the river quickly swelled and swallowed up that suv. >> we were up to our necks in water basically already. i tried to open the door. it wouldn't open because of the pressure of the current and so i made a quick decision to get out of the truck and get him out of the back. >> it was down to the last couple of minutes. >> he was in pretty bad shape, he couldn't move his arms or anything. >> the men say they struggled in the water about 15 minutes as that suv sank. a man with a boat nearby came to their rescue and they credit him with saving their lives. >>> a georgia couple is facing child cruelty charges for tattooing

it could be working when it -- brazil has a project called pc conectado, to get commuters across brazil. part of the reason to drive up demand you also need to work in underserved areas to get people to get on the internet and to be using this. i think it's a whole approach. it's the nonprofit sector. it are her. and if the public sector. you know, not only fcc but the local government plays a role in this. >> host: along with the broadband deployment, mr. cohen, the fcc has also looking at net neutrality and adding rules to net neutrality. you recently sent a letter to julius genachowski and the other commissioners. what was the essence of the letter? >> guest: it was certainly that we support an internet. we had that from the beginning and speed manners. but at the same time, you know, we have to look at some kind of reasonable network management. again, this part of the incentives of the people who are investing in using those networks. in other words, if your total net neutrality, it would mean that there would e-mail prioritization or no preference for any of these on the internet.

in energy, brazil has an enormous experience in biofuels. but these can be done not just for to help haiti but to make money. in the beginning it can be dehigh drade biofuels coming from brazil or somewhere else, going to the west market. in the future they can use sugar cane planted in haiti itself. and finally, you've had good mention environment. haiti is a devastated land from the point of view of environment. i don't want to go into the causes. but that's the fact. so we would need a massive program financed maybe by the world bank, the i.d.a., i don't know, but with also private sector interested in replanting trees in haiti because otherwised country will continue to suffer from floods. floodses don't come only because it rains, it comes because the environment is not adequately prepared to absorb those rains. so i would say that. and if i could just finalize, since i've always came to those forum only to speak about trade and w.t.o. and so on, this is the time to show that w.t.o. is not only about profit and greed. this is the time f

officials say 60 people have been killed since rain started pounding southern brazil on wednesday. buried entire homes and shut down a major highway. rescuers are looking for survivors, sometimes digging with their bare hands. and in one case, rescuers celebrated when they dug out a toddler, whose entire family was killed at home. but the little girl, unfortunately died later in the hospital. >>> folks in rhode island broke out the shovels after seven to ten inches of snow fell over new england. most of the main roads in the area were cleared for drivers. but the side streets and many neighborhoods were covered with snow. some people took that as an opportunity to make some cash. >> we're shoveling snow for money. helping people, we shovel for $5 or $10. >> we've been fortunate it's been weekends. >> we're doing whatever we can. even today, we've been really judicious about how we're doing it, calling in a few people to keep the main roads and hilly roads salted and sanded. >> more snow and wind are expected in the providence area today. but it is expected to end by tomorrow. good

called pc conectado to get computers across brazil. so to drive up demand, you also need to work in underserved areas, you know, to get people to, you know, get on the internet and to be using these services. so i think it's a whole approach. it's the nonprofit sector the, it's the private sector the, and it's the public sector. not only the fcc, but the congress, local government has played a key role in this. >> host: well, along with the broadband deployment, mr. cohen, the fcc is also looking at net neutrality the. >> guest: right. >> host: and adding rules to net neutrality. you recently sent a letter to julius genachowski and the other commissioners. what was the essence of that letter? >> guest: well, first that we support an open internet, it's one of the principles we've had from the beginning in speed matters. but at the same time, you know, we have to the look at some kind of reasonable network management. again, it's part of the incentives with the people who are investing and building these networks. in other words, if you

. > the search is on for survivors after massive mud slides in brazil. 26 people are dead at the luxury beach resort of ella grande. another in d.c. reos killed at least 13. they were triggered by 10 inches of rain that fell in the area in three days. the areas are popular vacation spots. >>> the family of abe poland is speaking out about players packing heat. gilbert arenas and critten don are accused of pulling guns on each other inside the locker room. poland's family said, quote, the fact that guns were brought to the verizon center is dangerous and disappointing and showed extremely por judgment. john henrehan has more reaction from fans at -- fans at the verizon center. >> reporter: a few of the fans here told us that people shouldn't rush to jump, neither the media nor public. let the invtition, one fan told us, play itself out and find out what happened. the others who were aware that gil weather -- gilbert arenas has admitted bringing guns into the locker room, he said he did it because he didn't want them at home with his young children, they were appalled. >> i think it's sad

in energy, brazil has an enormous experience in biofuels. but this can be done and not just to help haiti but to make money. in the beginning, it can be to hydrate. biofuels coming from brazil, going to the u.s. market. then it can be used in haiti itself. finally, environment. haiti is a devastated land, from the point of view of the environment. i do not want to go into the causes, but that is the fact. so we would need a massive program, financed maybe by the world bank. but with also private sector interested in replanting trees in haiti, because otherwise, the country will continue to suffer from floods. floods do not come only because it rains. it floods because the environment is not adequately prepared to absorb those reins. if i could just finalized, since i always came to these forum to speak about trade. this is the time to show we are not only about profit and greed. this is the time for all developing and developed countries that can do so to offered duty-free, quota-free to all asian products with facilitated rules of origin --

if brazil would reduce deforestation as part of its own commitment that would be double accounting. is it is certain a an important question and it is potentially at least a significant driver of price but nobody knows exactly how it will play out. >> i am with -- talking about the murkowski amendment, i do think a positive vote would give confidence to the gang of 16 who want to pursue the bill? the waxman/markey bill already had restriction these restrictions the trade-off was you have strong national legislation the recent days regulates carbon but not moving forward 70 except in specific areas not covered by but waxman march ecap burper i doubt that is the trade-off it means it will be more likely to have a successful but the dynamic would be the other way. the amendment by senator murkowski can be filibuster therefore requires 60 votes to move ahead. there is also a discussion of a challenge under provisions that challenge regulations and that would only require 51 votes. that would be a leader in the year station later in the year. >> i am from voices of america and back to co

secretary hillary clinton -- dominican republic and brazil. secretary hillary clinton will be in coordination with this government. we know that our longer-term effort will not be measured in days and weeks, it will be measured and months and years. that is why it is important to enlist and sustain the support of the american people. that is why it is important to have a point of coordination for all the support that extends beyond our government. here at home president bush and clinton will help the american people do their part, because responding to a disaster must be the work of all of us. those scenes of devastation might as not only of our humanity, but our common responsibilities. this suffering can and must be a time of compassion. as the scope of the destruction became apparent, i spoke to each of these gentlemen and last ast the same simple question, how can i help? -- they asked the same question. they will be asking everyone what they can do, individuals, corporations and individuals. i urge everyone who wants to help to visit www.

and in new york, donna brazil. and? new york, john avalon. gang, president obama was asked about the election last night. and here's what he said to abc's george stephanopoulos. >> the same thing that swept scott brown has swept me into office. people are aungry and frustrated. >> what is the strategy on health care going forward? a lot of people talked about the house passing the senate bill. >> here is one thing i know. i want to make sure it's off the table. the senate shouldn't try to jam anything through another scott brown is seated. the people of massachusetts spoke. he's got to be a part of that process. i would advise we try to move quickly to coalesce around the elements of the package that people agree on. >> larry: david gergen? >> it's hard to go from that 5-year-old child in haiti back to politics. but i think the interpretation placed on it by a number of people is right. that president obama was signaling that he is prepared to accept a scaled-down package on health care reform. he may try to get something through. but let's m

brazil is a very good example. after many years of hyperinflation and total destruction of not just the capital markets, but also their banking system, for the last 10, 15 years they have gradually reestablished an orderly financial system. the long run benefits of that in the form of financing to the broader economy, but especially to the corporate sector, those benefits are just coming through now and coming through strongly. and it just so happens that it is coming at a time that the mature markets are going in another direction. is that sustainable? it probably is. but it is not inevitably sustainable and it very much will be a function of will they get back into the bad habits that they themselves got into in the 1970's and that we clearly got into in the last decade? that is a policy challenge point, one of the big issues that we face in the world. reestablishing financial conditions in the mature markets, but also ensuring that the boy and financial conditions that we have out there in many of the emerging m

us, brazil. and what does that mean for the future?i think in the long run it will be the engines that drive outcomes. so this is important that we pay a lot of attention to with a what is going on in other parts of the world. we stood up. last. a year and a half ago now. in -- for the sole purpose is being able to focus engagement strategy from the military perspective of africa. a wond full continent of great resources. wonderful people. and huge challenges. whether familiar end. disease. and i think that the world will need to be engaged there. so, and then as i look to the rest of the world, i also try to keep my head up. i look to what is the united states military look like after the two wars. and i always worry about fighting the last war. and for where we are going you know. these will be the last wars. and how much of this is relevant for the future? and what kind of a training equipment, people, what is the size of the force? and what our readiness requirements will be. where we will be operate something very much on my mind

the thing in brazil. i started the new york office of giuliani, and it's gone from three lawyers to 70. we are continuing to groi. it was not the right time to do it. and that does not mean i'm not tremendously interested, i'm not going to help the republicans and i'm not going to be involved in the issues. because they are part of me. >> larry: republicans are constantly accused of being negative. tell me what you like about the president. >> i like the fact that he dealt with afghanistan in the right way. i think he had a tough choice to make. i think he took a little too long in make it. but that may be his decision style. i support his realization and acting on the company promise and acting on making afghanistan and priority. i respect him as a leader. i think he has enormous abilities to communicate. i wish he would use it for purposes i agree with me. i don't know barack obama fersally. i don't know the blas of ideology and practicality. i worked if rornd reagan. one of the most practical people i

certainly the government of peru, the government of mexico doesn't and while in brazil under this has deal with venezuela because it is close by i certainly think that actually this dilva is a very wonderful president of brazil. i think he has put his country on a path that is leading it to becoming one of the great powers of the future. other questions? >> i was wondering, in our opinion, you believe that guantanamo is strategically important to our military today. >> now, not right now. since the 1970's and 80's guantanamo has become primarily a coast guard facility and there also is a place is no longer call immigration and naturalization but csis i guess it is, and is a process people there who want asylum. however, there are plans underway to expand the panama canal so that it can accommodate a much larger ship that it has been able to, of course, with the development of very large battle ships and aircraft carriers and freighters and so on. assuming the expansion of the panama canal takes place, once it is completed in then in guantanamo mind as soon echinus strategic significan

. >>> the new year begins with deadly storms in brazil, torrential rainfall triggering massive mudslides. emergency crews searching now for survivors. >>> and if you're in the market to buy or sell, you want to listen. the question is, will the housing market turn around at all this year and how? we will talk to a housing expert. if you want to see the weather ahead, push here. if you want to access 10 gigs of music you just downloaded to your hard drive, push here. and if you want to pull away from it all, you can push here. the all-new-40-gig hard drive nav and entertainment system on the 2010 lacrosse. from buick. it's the new class of world class. >>> a new year's eve tragedy just outside of atlanta. police say a 4-year-old was hit by a bullet from celebratory gunfire has died. the boy was attending a midnight church service when the bullet came through the church roof and hit him through the head. authorities do not know who fired the gun. >> i want to say to the people who did this to my son, please come forward and say something. we need justice. >> police say they are actively wo

in new york, donna brazile, our democratic strategist, and in new york, the columnist for "the daily beast" and author of "wingnuts, how the lunatic fringe is hijacking america." president obama was asked about the election last night. here's what he said to abc's george stephanopoulos. >> the same thing that swept scott brown into office swept me into office. people are angry and they're fraus rated. >> what's the strategy going forward. a lot of people talked about getting the house to pass the senate bill. >> here's one thing i know. i just want to make sure this is off the table. the senate certainly shouldn't try to jam anything through until scott brown is seated. the people of massachusetts spoke. he's got to be part of that process. i would advise that we try to move quickly to coalesce around those elements of the package that people agree on. >> larry: david gergen, what's your reaction to that? >> larry, first of all, it's hard to go from that 5-year-old child in haiti back to politics. isn't it? but i think the interpretation is being placed on it by a number of people is

was about eve win the indian rupee, which is not a resource-rich country, and if you see, you know, brazil rial you see australian dollar, gold in there, you see the canadian dollar and you see our dollar. we're not a resource-rich country, and i really think that that is what's calling the shots now. resource richness or how independent you are in terms of resources. >> right. diane, let me ask you about stocks. most watching are not going to invest in currencies. be honest, looking at 401(k) and their own exposure to the stock market. the last ten years the worst years for stock investors in some 200 years. if you're in nor 30s or in the end of your working career, this has been -- >> bad decade four. >> horrible. >> no one's retiring. >> is next year better for stock investors and for the stock portion of their pot folio? >> a huge run-up from the lows we saw. i think we've gotten a little heady recently but overall, still good in the next year and year-end comparisons frankly good. we'll see upward momentum in stock but it's time to be choosing pip i'm very much into 23ds fundamentals.

we're getting involved in doing security for the olympics and the world cup in brazil. a bunch of other projects like that in other parts of the world. i'm involved with my firm in audit cases. i'm very active and i'm enjoying myself, which is the most important thing in life, right? >> larry: you're not kidding. let's get to things current. the detroit terror suspect indicted today. liz cheney and some others say he should be classified as an enemy combatant before a military tribunal. you were a prosecutor. what do you think of trying him in the criminal courts? >> i don't think it's a question of trying him so much as the opportunity that was lost. i think the president made a very big mistake in not making him an enemy combatant, because the minute you make him a criminal justice defendant, you cut off the ability to really question him. in fact, as far as i know -- i don't know the inside story here. he was talking until we went out and got him a lawyer. cut him off from talking. you want to talk to this guy for about a month. you want to keep him an enemy combatan

that story is coming up. ,,,,,,,,,,,,,,,, >>> frantic search efforts are under way in brazil, following mudslides. the new year's day mudslides are triggered by 10 inches of rain. rescuers are currently rushing across red earth. looking for victims or survivors. >>> a woman attempts to refill a gas generator inside her home and then accidentally drops a candle inside that container. firefighters responded. they tried to extinguish the flames from the roof. it then collapsed. two firefighter the were transported to the hospital with nonlife-threatening injuries. all of the occupants in the home were able to escape without injury. >>> celebratory gunfire to mark the new year caused quite a panic across the country, especially for one in houston. says a bullet flew through, pierced the side of a refrigerator. the family went on for hours as they were waiting for police to respond. >>> you have a hole in your refrigerator. and you have two small children in the house. and they have to go hide in the closet to keep from getting shot. it needs to stop. >> the following day an officer did come

nbc sent a private jet to brazil to pick up mr. goldman and his son, and then the interview went to "the today show." let's roll it. >> to more of our exclusive interview with david goldman who spent christmas with his son sean for the first time in five years. >> i just kneeled next to his chair and patted his head and held his hand, just told him how much i loved him and that we're going to have some fun and you're going to see your grandma and grandpa. >> jane hall, is sending a private jet of the cost being estimated to $50,000 to $70,000, is that buying an interview as well? >> i think so. nbc has been invested in this story. they said they had a relationship with him. again, you look at this and go are we entertaining ourselves with this story, as important as it is to this story and human interest? where is the point where we look at the national counterterrorism center for $50,000. >> this is a christmas eve tear-jerker. it tends to show the tabloid tendency of "the today show" which has been really dramatic in the last yea

about 80 mudslides have been reported across brazil in recent days. the slides were triggered by heavy rain that has been falling since wednesday. >>> hundreds of people have been forced from their homes in eastern australia after severe flooding. floodwaters are about 20 feet high. water level is expected to rise to more than 35 feet by tonight. >>> in beijing, a blanket of snow is making travel difficult. many of the highways inned a around beijing are closed because of the slick roads. most of the flights out of the beijing airport has been canceled. snow is expected to stop falling tomorrow. beijing which hasn't seen much snow during the past several winters has witnessed several snowstorms so far this season. >>> still ahead, what led an elephant to run amok at a festival. we'll tell you whether anybody was hurt when the story continues on msnbc. this is mine, blitz. i can't do this job without him, and he can't do it without me. to keep him at his best, i only feed him eukanuba with prebiotics to promote strong defenses. you know he means the wo

. >> rescue operations continued in brazil after heavy rains killed at least 80 people. one resort collapsed after heavy rains. luxury houses were swept away and dumped into the sea. they tried to live tons of rubble and retrieve the bodies of victims. in some parts it rained more than five days than in one month. the u.s. lifted a 22-year ban preventing anyone with hiv from entering the country. the restrictions were introduced in the 1980's during the height of the tears. president obama says the measures were not compatible with america's ambitions in becoming a fighter against the disease. >>> hundreds of workers in china try to contain an oil leak that spilled oil into the yellow river. pollution was recorded 33 millimeters down stream. it is the closest drinking water for millions of people. >>> the president of iceland refused to ratify a bill to compensate britain and the netherlands for billions of dollars lost in an online bank collapse. the bill -- they would be paying for the government's mistakes. it will now go to a referendum. this led to their debt rating

strong recovery in brazil. but there are the following production was also very strong.but in a country that has sound policy, like chile,ty we are not seeing the recovery yet. what we are concerned about is the low-income country. they were not that much impacted in terms of falling in production. they were much more impacted in terms of falling income because of the fall in commodity prices. and our expectations is that the impact of the crisis is much more in the medium-run for those low-income countries. not so much in the short run. in the medium run, because they don't have the fiscal space to the response to the events. many of the mechanisms in terms of the dynamics of poverty, the dynamics of the fiscal positions in those countries. a really diverse picture. but what is very positive that emerging asia especially is playing the leading role that was forecast also. >> thank you. not just the emerging issue, but several large emerging economies are doing better. my next question is desmond what explains the remarkable issue between the performance in the larger em

so for brazil, the new year begins with a deadly storm. emergency crews are searching for survivors under the crush of two separate mudslides around r rio de janeiro. state officials say at least 45 people have been killed. cnn's natalie allen has the latest. >> reporter: 2010 started off with more tragic news as a stationary front continues to soak brazil's southeastern states, turning rio's picturesque float into nightmarish scenarios. on friday a giant slice of this mountain descended upon a high-end resort killing 22. officials say rescuers found another 15 bodies floating in the island following the new year celebrations thursday night. the per sis pent rain has put rescuers on the clock day and night. in the poorer suburbs, makeshift homes built on slopes are more susceptible to these types of disasters. sadness is in every corner. "no more tragedy. my god, we've had enough." on wednesday, some good news as the work of rio's rescue teams begins to pay back. the mother and the father of this home did not survive the mudslide, but resc

buy currencies invest in stocks and commodity increases. >> for example, you can buy etfs on both brazilme over, a friend of ben bernanke. helicopter ben bernanke the fed chief. famous said if we run out of money i'll drop it out of a helicopter. >> and they will. >> and no defense against deflation, by the way. the comment was not meant to fubl bubbles. it was meant to defend the economy against a false reading. >> historian diane, chicago. thanks so much. >>> from wall street to the your street and your wallet, the best places to invest your money in 2010. that's next. code orange. the late night heat wave. code orange. when the fever is high enough to be a code orange, you need children's motrin. medicine with muscle. the brand pediatricians recommend most... to bring high fever down fast... and keep it down for up to 8 hours. the 103 degree after-school surprise. code orange. who's not answering. announcer: there's a better way. intuit quickbooks online p9 organizes your business in one place, and helps you stay on top of your business anytime, anywhere. get a 30-day free trial at in

the coastal city in brazil has been hit hard. but hope is fading for survivors there. at least 60 people have been killed in the southeastern part of that country. those are the headlines this hour. i'm don lemon keeping you informed. cnn, the most trusted na me in news. ♪ ♪ stumbled out of bed ♪ stumbled to the kitchen >> you always say that. >> when i'm trying to get myself out of trouble. ♪ working 9 to 5 ♪ what a way to make a living ♪ barely getting by it is all taking and no giving ♪ ♪ they just use your mind ♪ and they never give you credit ♪ >> larry: we're back with dolly parton. you're jessica simpson's idol. and jessica has gotten a ton of attention about her figure lately, front cover of "people" magazine. what do you say to her? >> well, i say people always treat her bad. they always talk bad about her. i just recorded a song with her a few months ago. i never had -- i have never been around a person any sweeter in my life. she's a great singer. i have been fat and skinny. i'm not about to say something about somebod

brazil, mexico, south africa, china, and finally india.all unknowns explicit, concrete quantitative commitments to control emissions. many of them in terms of emissions intensity, not absolute levels, but that was an extraordinary change from the form of the conversation before. and led to very significant optimism going into copenhagen. and optimism that did not play out as the negotiations went forward for the first 10 days. those of you who were there know how sour the mood became by the second week. it was our outside where danish police were battling protesters, and it was sour inside where negotiators were not only failing to reach agreement, they were pulling back from agreements that seemed to have been there. and on the second to last day, as the state to begin to arrive by the final friday of the negotiations, the major countries were represented, and an absolute unprecedented negotiation began g a group of heads of state, who were not sitting back and letting the negotiators take the lead, but who are trying to resolve the issue

turkey in 1970 and 80s was a bankrupt economy much like brazil and argentina and mexico and did exactly what they did. they asked for help. they said the same thing to turkey as other countries which was to change the economy. you cannot protect these large industries with paris and poor money into them. you have to let them die and put into what the rest of the world was willing to buy. the secular elite businessman, they were dependent on government handouts and government support. the ones who were going to take up this mandate were those not protected by the government which was small-town business. you can go to turkey in the middle of turkey, a city -- a tourist visit in turkey which is not too far -- in the middle of nowhere. and the case study in american terms is something like louisiana. the middle of the country, is not associated with a big metropolis or the cultural hub. it is fiercely conservative, small-town values but also very capitalist. today when you go there, it is one of the major industrial centers in turkey. six or 7% of all adenosine is sold around world are man

it is what today would be considered brazil. they put it on the map. as i said there's much more to the map than just the depiction of the new world and i wanted to do a book that for a gal reader like me who was reasonably well but didn't know anything about the map or the history of world mapping would read and learn much as possible from and we wanted to come up with a way of making it gripping and narrative read as many different stories as possible i can up with organizing that to use the map as the guide and as the backdrop. the book is organized into chapters that move all over the map. each chapter starts with a little detail from part of the map it starts about the 1200's in england at the three western edge of the known world of the time and then gradually moves across the map through geography and history as europeans gradually make their way out to central asia and in china, come back to europe and move along the coast of africa and then eventually moves across the land and over to the new world. >> this was a portion of the book tv program