. >> i'm david barry of the archivist of the united states and it's a pleasure to welcome to you one of the conservation labs of the archives. for many a year, the only copy of the magna carta has been out of sight, undergoing conservation treatment. we're showing you the result of our staff's expert pain staking work displayed in a new encasement designed and fabricated by the national institute of standard and technology. the 700-year-old document looks better than ever. when the magna carta is back on public display beginning february 17, it will be a more accurate rendition of the record. an an no at the same timed translation of the latin document and learn how it influenced america's founding charters, keck la ration of independence, the constitution and the bill the rights. the connection between magna carta and the effects of secure liberty and law over the centuries have inspired a new gallery which will be the future home of magna carta. this new permanent exhibit will allow visitors to examine important records of our evolving ideas about who has rights and to see the link

he'd been a longtime washington reporter, his name was david barry, and he took on the job of sergeant of arms late in his career, and it was a heck of a time to be sergeant of arms because he had to help to prepare for fdr's inauguration in 1933, several senators died at the time, he had to take care of their funerals, but he did an interview with a journal about what he'd seen over his long service in the senate, 30, 40 years. and he said that most -- the senate has changed. most senators these days are not crooks. they're not corrupt. they're not taking money on the side to help with their campaigns. you know, he said that very much in a positive spirit. >> in 1933. >> that's right. and he was -- his hope, his expectation, it was more than a hope, was that this article would be published, you know, after he retired. well, unfortunately the editor of the magazine thought it was such a great article, they put it in an earlier issue, so it appeared while he was still sergeant of arms of the senate. so, if any staff members' terrible nightmare. anybody that talks to the press, all of a

not to fall into these media traps. >> barry said he would never make hurtful comments as a black man he knows how it feels but that didn't go over well with david chung. >> councilman barry as a black man if you understand racist remarks. >> i resent that,. >> you made a very broad statement against asian shop owners. >> i resent you telling me i made racist remarks. >> strong words from congress woman eleanor norton she called on barry to apologize to the filipino nurses who norton said do not deserve to be insulted, meanwhile council chairman kwame brown sent barry a letter this afternoon telling him to choose his words more carefully brian. >>> next up a warning for dc residents police are going door to door after three people are beaten in one neighbourhood and there may be some showers on the bay as well. sue. >> that's right we are still -- way as well. sue. >> that's right we are still waiting for showers ahead of it a few more showerisolated rumble of thunder i am seeing lightning west of winchester your forecast coming up. >> if you have a story idea call the fox 5 tip line, senden e-mail e-mail  >>> a news alert, war

. >> reporter: david chung told council member barry exactly how his comments made him feel. >> i'm a big fan of mary you bayer -- marion barry, and when you made the comments, you broke my heart. >> we teach the youth they are as much of the city as anyone else. your statements undermind that motion. >> reporter: he apologized for the business owner comment but not the filipino nurses comment. he blamed the media over and over and over. >> there's forces in the media. i know the games the media plays. >> reporter: he even gave out his phone number saying those who are upset should have called him first before criticizing him. >> did you call me up and discuss this with me? >> no, not directly because -- >> may i finish, please? >> yes. >> i'm trying to educate us in the community by not defaulting to the media traps. >> reporter: barry said he would never make hurtful comments because as a black man he knows how it feels but that didn't go over well with david chung. if you understand the racist remarks. >> i didn't make racist remarks. >> you made a very broad statement against the

david? >> thanks very much, carl. that's right, barry rosenstein joins us now. e on his face. why wouldn't you be smiling when one of your stocks is up 90%? >> which stock are you talking about, david? >> i'm talking about barnes & noble, barry. >> we own that? >> yeah, i think you do. and in fact, actually, you own a lot of it, 12% of the company. you filed on it only a few weeks back. why -- first of all, what attracted you about it? and of course, the other question, i guess, is are you going to sell now that you're up so much? >> right. the initial motivation, david, really had to do with you. >> oh, good. i'm glad. >> yeah, yeah. it had to do with, i've always been influenced by the quote of your grandfather, great grandfather, who founded faber college in "animal house," knowledge is good. >> yeah. >> so, that was the initial premise. and then we liked -- >> one of my favorite movies, 1979. >> of course, absolutely. and we -- but seriously, we, you know, the price we got in at, the question is, why was anybody short that stock? i mean, that was a company th

join "squauk box" and barry stern and david bonderman how legendary investor influenced careers and investmentions. it's all tomorrow on "squauk box" at 6:00 a.m. eastern. a day after starting on the high note. back in a moment. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> sandisk shares are falling in the extended hours. stock taking a hit after they lowered first quarter quitance, saying there is weak demand and weak pricing. down more than 6%. the day on wall street also under pressure. a quick market check for you and stocks coming off lows triggered by the latest minutes today. the minutes showed a diminished likelihood of quantitative easing from the fed over the near t

barry sternlicht, he's got provocative things to say. not everybody gets 2 1/2 hours. he's coming on from 6:30 to 9:00. at the top of the hour, eddie lampert, david bonderman will both join barry. if that's not enough to get your attention, we will mix in another really rich guy at 7:30, sir richard branson. and then a lot of other people associated with the legendary richard rainwater, we'll be talking about him today. "squawk box" not to be missed. stay tuned. what the world wants to know and share is here. demand media expands on the big board. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. ttd# 1-800-345-2550 let's talk about the typical financial consultation ttd# 1-800-345-2550 when companies try to sell you something off their menu ttd# 1-800-345-2550 instead of trying to understand what you really need. ttd# 1-800-345-2550 ttd# 1-800-345-2550 at charles schwab, we provide ttd# 1-800-345-2550 a full range of financial products, ttd# 1-800-345-2

this has to do with marion barry once again, and david kau tanya once again. >> i can remember the firste summer jobs program under marion barry. it was a successful program. now the argument is we will put limitations on the types of people or types of young people that can apply for these jobs. for instance, the qualmy brown side says, for a young person to get a job, that depends on their grades, and marion barry is saying that's unfair and is discriminating. but the summer jobs should be open to everybody. the kids that really need the jobs may not have the best grades at all because they come from very poor -- very poor culturally as well as economic back grounds. >> full discloser. i have two daughters that got jobs in the jobs program that marion barry started. i would say that people feel this is a good thing for all of the youth of the city. gives them a chance to get a job. tying in from grades, this is not the place for that. it might unfortunately cut out the people that really need the jobs, and because they have not had a good boost in life and they are not getting good gra

barry sternlicht. eddie lampert. david bonderman. that's a huge "squawk box." kelly may get up before noon tomorrow just to celebrate that. >> just to watch. >>> back on "street signs" in two minutes. >>> the nation's key financial regulators gathering in washington, d.c. they're voting on the new rule that could impact some of the country's biggest insurance firms, asset managers and hedge funds. it's happening at the meeting of the tragically named fsoc. acronyms aside, mary thompson is there. she joins us from the treasury department with a preview. >> reporter: as you pointed out, the rule being voted on by the f stability oversight committee before known as fsoc today will basically outline how they're to choose the nonbank financial firms that are so big and whose businesses are so interconnected to others in the economy that any disruption in these firms' business could actually cause instability in the u.s. financial system. now, what it means for the firms that are eventually chosen to be called nonbank systemically important financial institutions, or

learned that now, and we saw with david axelrod romney's conservative now and david plouffe calling him the most conservative since barry. so a slight change in tact here, is it not? >> well, a slight change in tact but i think they think there is a lot that they have to work with because of what romney had to do and say during the primaries and they think that he drove himself further to the right than he should have and they're going to try to keep him pinned down there. one of the questions is whether that will be credible over time and whether romney will prove as a general election candidate to be more appealing and less conservative than he looked like in the nomination battle. >> fred, it struck me when i read that david plouffe quote, most conservative nominee, i mean, there are republicans that laughed, i'm sure, when they read that quote. if not, it is not a believable quote when you look at all of romney's records over his 20-year political career. >> well, what record are we talking about , number one and, number two, as he goes to the middle because arguably he needs to go to the middle to win independents

driving it up more than 60% on the day and barry rothstein, major barnes & noble investors told david that today's move might only be the start of the stock run. take a listen. >> doesn't fully factor in the growth prospects of nook and some of the opportunities that will provide. >> all right. what about microsoft? that stock is actually flat on the day. should investors look to buy in now? let's see what charts say. we will start talking numbers now with carter worthy as cheer market technician with oppenheimer. how is it going? it's not like microsoft hadn't been doing anything before this. this stock has been back in favor and is doing quite well. >> for a large capital name, it's moved quite a bit. the first chart depicts that. >> it's going to come up, i promise. >> yeah. so this move -- >> that's what i'm talking about. >> you're talking about adding, 60, $65 billion. there are only a few companies worth that. tax that on in a matter of a ma and a half. it is a bit steep. it has that do more of this. consolidating. in order to rest or pause. the proceeding steep advance. and th

barry in ward 8. turnout so far has been light. another hot contest, six congressional districts where roscoe bartlett is battling state senator david brinkley for the republican nomination. a group which may be tied to bartlett contained a 911 call made by brinkley's former wife. as for the democrats, the leading are rob garagiola and john delaney. live coverage on news channel eight and a politico.com. we will have a big wrap up on abc 7 news at 11. >> syrian troops are starting to pull out. this is the first step towards selling the ongoing conflict. this is a cease-fire plan to remove troops and the fighters are hoping there will be immediate drawdown. >> president obama lashing out today saying the spending plan amounted to social darwinism that would hurt the pocketbooks of local families. >> it is a trojan horse disguised as a deficit-reduction plan but really is an attempt to impose a radical vision of our country. >> they were able to slash the deficit in the size of government and it would eliminate many popular tax breaks. >> coming up, but new clues into the deadly shooting at a california college. we learn the prospecti

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david plouffe said about mitt romney. he said he's the most conservative republican nominee since barry goldwater.u agree with that statement? >> i'm new on the scene here. i'm not going to compare one conservative versus another. again, from my standpioint, the reason i decided to run, we're bankrupt in this nation. we added $5.3 trillion of debt in the four years of this president's administration. and governor romney understands that, and we need someone who is willing to acknowledge the problem and work towards real solutio solutions. >> let me ask you about this problem of austerity and watching europe and spain in particular that they've taken some austerity measures, some measures, frankly, that you and other republicans are advocating that the u.s. do, and it's wreaking havoc on their own economy. is there a line here that you can cut too quickly too soon and hurt the economy too much in the short term? are you concerned about this? >> chuck, i think the line is how much more debt can we pile on onto the back of our children and grandchildren? from 1970 to the year 2000 our average borrowi

barry petersen, cbs news, beijing. >>> coming up after your local news on "cbs this morning," the latest from the pentagon on north korea's rocket launch. we'll get details from david martin. >>> plus, beware of a tax return scam targeting desperate families and costing them big money. >>> and comedian jim gafagan stops by studio 57. that's the "cbs morning news" for this friday. thank you for watching. i'm michelle miller. have a fantastic day. we'll see you on monday pop ,,,, >> the heart of the storm has passed but we are not out of the woods yet. >> a deputy

. >> councilman barry said he's also concerned about a budget that raises money but hurts the poor, seniors and the disabled. >>> david england says he's not going to seek a fifth term in the virginia house of delegates. in his statement england admitted he has been unfaithful to his wife. the democrat represents alexandria, parts of arlington and fairfax counties. he was first elected back in 2005. >>> today president obama is expected to speak out against a budget plan passed by the house republicans. the white house says the plan would hurt middle class families. democrats criticized the plan saying the 3$3.5 trillion disposal would undermine medicare, slash taxes for the wealthy and lead to deep kucuts across the government. the plan has little promise of passing. president obama is going after mitt romney and targeting voter in virginia. his campaign just bought television advertising time in five states, including the commonwealth. that's where this ad called "remember" will air. it emphasizes the president's energy policy and criticizes romney's approach. the president isn't the only one criticizing romney. thi

with david plouffe saying he is the most radical conservative since barry goldwater, you can't have ita flip flopping phony. if you're going to say that romney is a flip flopping phony, you can't say he is a right wing nut. they think romney might be able to get to the middle, and they want to keep him over there on the far right. that was almost a way of trying to prebutt the speech that romney did last night >> did you this to kerry in '04. you were able to call him a flip flopping phony and the most liberal senator. you were able to both define him both ways. so you can do both. >> we had an ongoing debate in the campaign for the entirety of 2004, you know, which one is the most potent and do they contradict each other. and i do think when you look at mitt romney, he doesn't scream radical conservative, extremist. and i just don't think there's going to be a lot of gold in those hills, you know, as the campaign goes forward. he doesn't project extremism. he doesn't project conservatism. the entire country has been socialized over the course of the republican primary debates by a bun