and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org. park foundation. dedicated to heightening public awareness of rigcritical issues. the kohlberg foundation, barbara g. fleishmann and by our sole corporate sponsor, mutual of america, designing customized, individual and group retirement products. that's why we're your retirement company. >> welcome. the nobel laureate joseph says the situation in america is grave. that's his exact word for it, grave, inequality too great, unemployment too high, public investments too meager, corporations too greedy and the tax code too biased toward the very rich. strong medicine from one of the world's most influential thinkers. he's been the economist most cited by his colleagues in the field. but don't despair, he says. the barriers to solving our problems are political, not economic, and we can change what's wrong if enough of us insist. our tax code, for example, wasn't handed down from the gods on mt

and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information at macfound.org. park foundation, dedicated to heightening public awareness of critical issues. the kohlberg foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> as fears grow of a widening war across the middle east, here in our shop we find ourselves talking about another war. the great war, or first world war, as it would come to be called, triggered 100 years ago this month when an assassin shot and killed austria's archduke ferdinand in sarajevo. through a series of tangled alliances and a cascade of misunderstandings and blunders, that single act of violence brought on a bloody catastrophe. more than 37 million people were killed or wounded. in america, if we remember at all, we think mostly about the battlefields and trenches of europe and tend t

and catherine t. macarthur foundation, committed to building a more just and peaceful world.ore information at macfoun.org. park foundation, dedicated to heightening public awareness of critical issues. the colbert foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and group retirement products. that's why we're your retirement company. >> welcome. it's been six years this summer, believe it or not, but i'll bet you remember how disastrous the financial meltdown was in 2008, how scared we were and angry at the banking industry's blatant negligence, arrogance and greed. and remember all the guilty ceos who went to jail for their own doing? yeah, neither do i. but maybe you do remember our broadcast last week on which the nobel prize-winning economist joseph dignit compared how the government responded during the financial crash to the police molly coddling a drunk driver. >> what we did was analogous to we take the perpetrator, the guy who was the drunk driver, to the hospital, but we leave the guy that's be

and catherine t. macarthur foundation, committed to building a more just and peaceful world.ore information at macfoun.org.

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the taliban released a video today showing the handover of p.o.w. army sergeant bowe bergdahl last saturday. it came as questions continued over how he was captured in the first place. >> woodruff: clean shaven and dressed in traditional afghan garb, bergdahl is first seen blinking rapidly in the sunlight as he awaits his transfer. at one point, a taliban fighter tells him, in the local language, pashto, "don't come back to afghanistan. you won't make it out alive next time." some of the words, misspelled, appear on the screen. then, a u.s. military blackhawk helicopter lands, and three men in civilian clothes quickly retrieve bergdahl. one pats him down, possibly for exp

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: russia convened an emergency session of the u.n. security council today to press for an immediate cease-fire in ukraine. the draft proposal also demands a start to peace talks, and the creation of humanitarian corridors so civilians can safely flee. hours before the u.n. gathering, hundreds of pro-russian rebels attacked a border guard camp in eastern ukraine. amateur video showed flames and heavy black smoke rising from the base at luhansk. at least five rebels were reported killed, but one of their commanders said the battle would continue. >> ( translated ): valeri bulatov, the people's governor of luhansk, gave the government troops an ultimatum and they have time to

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the interim government in libya today demanded the u.s. hand over the newly captured suspect in the attack on u.s. diplomats in benghazi. ahmed abu khattala is now headed to the u.s. by ship, after he was captured over the weekend by u.s. special forces in libya. the interim government condemned the raid that seized him, and insisted he should be tried in libya, under libyan laws. >> woodruff: the newly-elected president of ukraine offered a cease-fire plan today, to end the violence plaguing its eastern border with russia. petro poroshenko discussed the proposal by phone with russian president vladimir putin, who welcomed the move. it includes amnesty for pro- russian separ

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: more cities in iraq fell today to a rapidly advancing wave of al qaeda linked militants. today, it was tikrit, only 80 miles north of baghdad. yesterday, the extremists took over iraq's second-largest city, mosul. jonathan rugman of independent television news has this report from northern iraq. >> reporter: for a second day, militants of the so-called islamic state in iraq and greater syria continued their rapid advance. yesterday mosul fell to them. today the fighters continued south taking the strategic town of baji and even advancing to tikrit. tikrit, saddam hussein's hometown looked empty. apparently testament once again to the lack of government opposition to the e

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: shelling ripped into the eastern ukrainian city of slaviansk for a second day, in fighting between government forces and pro-russian rebels. mortar fire left a trail of destruction throughout the city, damaging several buildings. it also left many people pleading for a peaceful resolution. >> this will never end. they will end the shooting only when they wipe us from the face of the planet, when nothing remains here but a flat space. only then the war will be finished. >> woodruff: just yesterday, newly installed president petro poroshenko announced the start of negotiations involving his government, russia and european security monitors. >> ifill: in iraq, a double b

and catherine t. macarthur foundation.mitted to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the u.s. economy suffered more in the first quarter than first believed. the government said today it shrank at an annual rate of almost 3%, due mainly to winter storms and falling health care spending. more recent data suggest a rebound since then. wall street mostly shrugged off the report. the dow jones industrial average gained 49 points to close at 16,867. the nasdaq rose 29 points, to 4,379. and the s-and-p 500 added 9, to finish at 1,959. >> ifill: the national football league agreed today to remove a cap on pay-outs to former players with concussion-related problems. a federal judge had suggested the overall cap of $675 million was not enough to cover as many as 2

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: gunmen went on a rampage in kenya, killing at least 48 people and burning down two hotels. some of the victims had gathered to watch the world cup. the attacks happened in the coastal town of mpeketoni, and the somali militant group "al shabab" claimed responsibility. witnesses said the attackers targeted non-muslims and met little resistance from kenyan security forces. the kenyan government vowed to crack down on militants. >> i wish to assure the country of the government's commitment to deal with political incitement and caution political leaders inciting the public to desist from destructive politics and ethnic profiling that may be responsible for this heinous act.

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: pro-russian rebels in ukraine promised today to honor a cease-fire with government forces. that came as president obama and russian president vladimir putin issued competing demands in a phone call. white house officials said mr. obama urged russia to stop letting arms flow to the rebels. the kremlin said putin demanded ukraine's government talk directly with the separatists. >> ifill: syria handed over the last of its declared chemical weapons today. the head of the international agency overseeing the effort said the stockpile included mustard gas and the raw ingredients for sarin nerve gas. it was loaded onto danish and norwegian ships and is set to be destroyed in

and catherine t. macarthur foundation. committed to building a more just, verdant and peaceful world. more information at macfound.org >> and with the ongoing support of these institutions and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama formally announced his choice today to run the troubled department of veterans affairs. robert mcdonald is a former executive at proctor and gamble and west point graduate who served as a captain in the army. the v.a. faces a scandal over health care delays, but the president said mcdonald would help create a "new culture of accountability >> bob is an expert in making organizations better. in his career, he's taken over struggling business units, he knows how to roll up his sleeves and gets to work, putting an end to what doesn't work, adopting best practices that do, restructuring, introducing innovations, making operations more efficient and effecti