dollars were used from the state budget people behind the hole the more credit card project say that the money they raise may be used to build more monuments and memorials this apparently benign initiative however was met with an avalanche of criticism in ukraine and that's not only because there are practically no survivors left who could be helped with the money raised this political analyst says buying groceries with. an inspired card is a blasphemy. because the idea is completely immoral it's an attempt to put a great tragedy and use it for commercial needs but i can only think of a proven tragedy the holocaust but the jews are not putting it on a credit card. in fact such an attempt was made by a us company in two thousand and nine the blue card but it had no direct reference to the holocaust and it's not so popular across the atlantic where the whole of the more card will be more successful can be seen when it hits the market in late december just in time for christmas shopping. see reporting from kiev in ukraine. ukraine is part of the commonwealth of states created when the s

it was caused by criminal agricultural policies of stalin's government but those behind the credit card project claim they're driven by remembrance motives only putting all his story debates aside you know what it's another good mechanism to have all of them or remember that thanks to the political elite and civil organizations it is well known in ukraine elsewhere besides there are only a few living witnesses left and they're already over eighteen years old. however it's not only about the intangible one percent of each purchase made with a holder more card will be allocated to a special charity fund ukraine's main monuments commemorating the 1930's famine was built in two thousand and eight amid recession and millions of us dollars were used from the state budget people behind the hole the more credit card project say that the money they raise may be used to build more monuments and memorials this apparently benign initiative however was met with an avalanche of criticism in ukraine and that's not only because there are practically no survivors left who could be helped with the money raised t

credit cards anywhere at any time. and from that idea, a ground- breaking project has emerged to empower small businesses and entrepreneurs in san francisco. it was difficult to accept payments through credit card. the rates were higher than they should be for small business owners around the country including thousands of taxi drivers trying to make a living. we decided there had to be a better way. we built a reader that plugs into a smart fund and allows safe and secure credit-card payments. there is a payment rate of 2.5%. square is a member of the pci security standards council mobile task force that is working to define industry standards for mobile payments. that number is growing quickly. forcing san francisco taxi drivers to pay the 5% fee would take thousands of dollars out of drivers pockets for no reason and deprive them of the choice of a simpler and better option of getting paid for their work. the study contains multiple inaccuracies in its conclusions are misleading. we refute its findings in the materials we submitted earlier today. we believe in the very immediate future, it will be premature, hurting th

and it is linked to your credit card and you can pay at a meter so that every space you can pay for a credit card. next year and into the fall, we will evaluate the pilot projects and develop a proposal to take what works and develop a proposal for a citywide implementation. >> i have the application on my phone and i use it. i actually used it and i scored a spot on the second and townsend and i was like a block away. this application is awesome. it is the best invention in the world. i love my s.f. park app. if i car moves, it shows you. i will have that on their so i have it on the screen and i will see one open up. it is very cool. >> this is the kind of experience. when was some excited about parking decks changing that perception is

and it is linked to your credit card and you can pay at a meter so that every space you can pay for a credit card. next year and into the fall, we will evaluate the pilot projects and develop a proposal to take what works and develop a proposal for a citywide implementation. >> i have the application on my phone and i use it. i actually used it and i scored a spot on the second and townsend and i was like a block away. this application is awesome. it is the best invention in the world. i love my s.f. park app. if i car moves, it shows you. i will have that on their so i have it on the screen and i will see one open up. it is very cool. >> this is the kind of experience. when was some excited about parking decks changing that perception is difficult. >> you hoping no one else sees that same open spot. that is the only thing. i down of this the couple of months ago when i first came out and i do use it. i love it. i think that is the kind of stuff that, in san francisco, being where we are in silicon valley, i don't think there's any other city that is doing this. we would be a leader. i could not find anything for any other city. nothing for street parking. i li

the obama administration is launching a new project aimed at simplifying credit card agreement to make them easier to understand. the consumer financial protection bureau is testing a prototype agreement that the white house says is shorter and written in plain language. the plan to test it with the pentagon federal credit union which is one of the nation's largest credit -- credit unions. a recent study shows only two- thirds of credit card users say they completely understand how their card to work. j.c. penney is counting on homemaking europe to help boost sales. the retailer announced it bought a stake in martha stewart living on the media for $33.5 million. it also includes a seat on the birth this to report. j.c. penney plans to open many stores dedicated to the martha stewart brand beginning in february of 2013. both companies will join -- both companies will launch a joint website. twitter is releasing the top has tags of the year. the number one was #egypt. number wio is #tigerblood. #threewords toliveby. as he does the list of hot topics and top has tags charts key words ther

financial protection bureau is coming out with a prototype for a new type of credit card agreement, one written in plain english. the projectre you know, this aims to help consumers better understand their card information. for starters, this is shorter it runs a little over 1000 words and the average credit card agreement is now about 5000 words. this has an easier to read layout and is a--is designed to be more consumer friendly with less fine print. currently credit-card companies are not required to adopt the prototype, but once the testing is over, this could be made an industrywide standard that would more easily allow consumers to comparison shop for cards. this will be tested drug the first half of next year, consumers are encouraged to get their feedback on the new template at the consumer finance protection bureau's website. >>pam: this is one the biggest moves in baseball history and no one saw it coming. we will tell you where albert. pujose is headed and how many hundred million dollars he will be breaking in, sports is next. ♪ [ female announcer ] during the holidays, there's a lot to get done. and safeway sel

expenses using credit cards and savings and soon had enough orders to grow into a multi-million-dollar business. but then a snag. >> now we have additional orders and additional projects that are huge. now we're putting our hands up in the air because the banks aren't able to lend us the money to buy this additional equipment. >> reporter: whiting discovered that the banks weren't lending because her credit score had suddenly dropped, this despite an on-time payment history with several credit card, which cbs news reviewed. here's what happened with just one account. whiting had been charging $15,000 a month on a bombcredit card with a $15,000 credit limit. during the financial crisis, without warning, that $15,000 limit dropped to $12,000. a red flag that causeher credit score to drop. that triggered obama to lower her credit limit further to $8,000, again, lowering her credit score to 544. >> i worked all my life to build a credit rating of 809. the fact that they messed with my credit score when i did nothing wrong, i'm absolutely enraged about that. >> reporter: when asked about whiting's case, bank of america told cbs news, "we continually monitor,s for risk and

projected budget deficit is now half the original amount. >>> the lucky supermarket chain is warning customers to check their bank accounts following the discovery of a widespread credit card fraud scam. someone installed skimmers that record numbers on the self- checkout stands of 23 supermarket stores. so all 23 stores have posted signs warning customers to check their bank states and close their accounts if someone seems wrong. >> the secret service tells me it's the most sphift kuwaited -- sophisticated device they've ever seen in the united states. >> very surprised something like this could happen. >> the company says so far 80 people have reported money taken from their accounts and the amount is in the thousands of the dollars. lucky says it's now checked the card leaders -- card readers at all of the stores. >>> the plastic bag ban could expand by this summer. the current ban includes large grocery stores and pharmacy. the expansion being considered today by the board of supervisors would ban plastic bags at all retail outlets including customers. customers would be charged 10 cents for the use of a paper bag. if approved, the new rules go into effect in july. >>>

project. expansion will depend on building a proposal for that next summer or fall. it is meant to coordinate with the replacement of meters to upgrade all of them to take credit cards. we are preparing for a -- looking to start replacing meters at the end of calendar year 2012. >> i know that north beach would benefit so much from this the type of parking management. people say there is no parking in north beach to see how much parking we actually have. during different times of the day or weeks. the other question is, the cost of taking credit cards. how is that priced into the parking rate? >> the new meters come with new costs and that includes communications cost because each one has a modem in it. as well as a credit-card processing fee. this city, and tsa, we pay for those processing costs. they vary by transaction. i do not know -- it is hard to generalize. they do qualify as micro payments so it is a smaller payment then you typically see. >> de know how much it has been so far? >> we have -- we did an evaluation of -- we are about to finish the evaluation. new meters vs old meters and letting people pay with credit cards and having a longer time limits. we

project. to find out more, visit algebra .org. >> we went to war after 9/11 on a credit card. we didn't ask anything of the rest of us, no sacrifices whatsoever. we were kind of encouraged to go back and go shopping again. we had an enormous boom in housing which was irrational, so much as it from the beginning. i remember our daughter calling me from san francisco. the offering me 20 year deals with interest only the first 15 years you could see what was going to come after the first 15 years and she said we are going to be more cautious. i worry about my friends and i went to a couple of major construction people left at that time and i said what in the world is going on? they said there's so much instrumentation of their people will loan anything and fannie mae and freddie mac were driving a lot of that and those were political institutions and they got a very clever, jim johnson and others about getting the idea of home ownership for everyone when plainly not everyone was qualified and was going to be yclept. we are paying a big price on that now. 20 million homes in the c

projecting payments of $3 million annually for hotel bills for job candidates and visitors. vendors and advertisers will also need lodging. and the company's testing something they call face bucks, specialized credit cardsmployees can use at local restaurants and other businesses. and then there's this. mark zuckerberg's personal photos from his own facebook page exposed. hackers are trying to make a statement about facebook's security settings. more than a dozen of zuckerberg's personal photos taken from a private album and put online. the photos show zuckerberg along with his girlfriend making dinner and hanging out at their palo alto home. other photos show him playing with his puppy and holding a chicken he apparently killed. hackers say he took the photos to highlight facebook security flaws. company officials say they've since fixed the flaw. >>> an apology from alec baldwin tonight, apologizing to fellow flyers delayed by his game addiction. baldwin was flying from los angeles to new york on an american airlines flight yesterday. a flight attendant asked him to turn off his cell phone. he didn't want to interrupt his game of words with friends. baldwin refused the request and was then asked to ge

project in utah, and i am a phoenix. [ male announcer ] find your program at phoenix.edu. spark card from capital one. spark cash gives me the most rewards of any small business credit it's hard for my crew to keep up with 2% cash back on every purchase, every day. 2% cash back. that's setting the bar pretty high. thanks to spark, owning my own business has never been more rewarding. [ male announcer ] introducing spark the small business credit cards from capital one. get more by choosing unlimited double miles or 2% cash back on every purchase, every day. what's in your wallet? this guy's amazing. >>> a lot of big developments to talk about in the presidential campaign tonight. it is getting really interesting. several rough moments today for mitt romney who is now admitting he's no longer the gop front-runner. first a quick keeping them honest check on things that politicians say that often sound like facts, but simply aren't. two examples from the debate over the weekend. two claims that came up wanting when we put them to the test. newt gingrich responded to an allegation from michele bachmann that he and mitt romney once favored a cap and trade as a way of red

. >> today, their credit cards cooled by a day of rest, shoppers are gearing up to go back into overdrive, steered backed into stores after steals and deals, a projected $469.1 billion in holiday sales, up nearly 4% from a year ago. >> it's gotten really, really crazy over the years. the holiday promotions started very early on in the season and they're continuing through the new year. the name of the game is the promotions, deals, discounts. >> reporter: on friday, hoards of shoppers went to malls for a $180 nike air jordan conkoerd 11 and they weren't used for gift giving. >> anybody wants a pair? >> stampede, busted stores, reported gunfire near san francisco, the christmas weekend was a-buzz with last-minute bargain hunting and tracking san ta's every move. more than 100,000 calls were fielded by norad, with kids checking in on progress. and wide-eyed smiles of all ages spoke the universal language. >> i also got a wii game which i completely love, which is the 2012 olympic games. >> reporter: fewer smiles in colorado where 50,000 u.s. packages got snowed in, delivery uncertain. >> where is the truck, in timbuktu? >> reporter: anxious customers st

credit cards. now this is stratfor, strategic forecasting, inc. bank of america, lock heed martin, and the defense department are a few of its clients. it says it can provide security a nal liss, projectionslict zones, among other things. barbara starr joins us to explain the possible fallout. first off, how does a company that provides this type of analysis to its clients about security allow itself to be hacked? >> reporter: well, that is going to be the question, isn't it? i suppose their company cyber experts are going to have to take a look inside their own company to see what's going on. the question will be whether that information was encrypted, of course. you know, we see this kind of thing all the time, don't we now, about credit card data being stolen. that's a concern, but in corporate security for our own personal financial security. this company though, it's pretty interesting. information on 4,000 credit cards. they have both government clients and private sector, corporate clients, companies that do business in the international business community that want to know about threats and situations around the world. that's the kind of information stratfor provides. they couldn'

. >> today, their credit cards cooled by a day of rest, shoppers are gearing up to go back into overdrive, steered backed into stores after steals and deals, a projected $469.1 billion in holiday sales, up nearly 4% from a year ago. >> it's gotten really, really crazy over the years. the holiday promotions started very early on in the season and they're continuing through the new year. the name of the game is the promotions, deals, discounts. >> reporter: on friday, hoards of shoppers went to malls for a $180 nike air jordan conkoerd 11 and they weren't used for gift giving. >> anybody wants a pair? >> stampede, busted stores, reported gunfire near san francisco, the christmas weekend was a-buzz with last-minute bargain hunting and tracking san ta's every move. more than 100,000 calls were fielded by norad, with kids checking in on progress. and wide-eyed smiles of all ages spoke the universal language. >> i also got a wii game which i completely love, which is the 2012 olympic games. >> reporter: fewer smiles in colorado where 50,000 u.s. packages got snowed in, delivery uncertain. >> where is the truck, in timbuktu? >> reporter: anxious customers st

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their credit cards cooled by a day of rest, shoppers are gearing up to go back into overdrive, after-christmas deals and steals following a month-long blitz that realed them in to a tune of the projected $469.1 billion in holiday sales, up nearly 4%. a happy new year, indeed, it seems for the nation's retailers. >> it's gotten really, really crazy over the years. the holiday promotion started very, very early on in the season and they're continuing right on through the new year. the name of the game is promotions, deals, discounts. >> reporter: on monday, hoards of shoppers stormed malls, not in search of discount, but the season's hot-ticket item. a $180 throwback sneakers, the nike concord 11 introduced 14 years ago and they weren't used for gift giving. >> i'll resell it. >> the frenzy led to stampedes, busted doors and even reported gun fire near san francisco. the christmas weekend was abuzz with last-minute bargain hunting and tracking santa's every mood. norad, kids checking on his minute by minute progress and a million likes on facebook pages from around the world. >> i also got a wii game which i completely love which is the one for games. >> fewer smiles in kl kohl where 50

credit cards. you have a generation of politicians that plan to leave their debt to their children and grandchildren. the first place you can start -- and i begin speaker, the congressional budget office projectedt 10 years we would borrow an additional $2 trillion. or years later when i left, the congressional budget office projected we would have surpluses of $2 trillion. $5 trillion swing. how do you do it? you control spending. you start by saying, how much money is coming in? that is how much we are right to spend. >> what are you going to cut? >> you could close the department of energy tomorrow and we would have more energy. you could dramatically trim the department of education and return to the student loan program to the private sector and have better education. you can apply -- people think they can save $500 billion a year. i think governor perry had a good idea. all foreign aid, but to be on the table and we should review it. [applause] there are two phases -- control spending, or for assistance. we reform welfare. it is the most successful entitlement reform in your lifetime. the key to our balancing the budget is week got unemployment down to 4.2%. if we had an opponent today at