i also have a precious-metals company in the u.s., europe pacific precious metals for people who want the delivery of bullion. we do that as well. >> also a radio talk-show host. peter schiff show, -- radio. he is the author of two other books, crash proved and crash proved to .0. >> you forgot, i get another one, how in the economy grows and why it crashes which is probably the best book to start with because it is kind of like the fabled. you can read into or three hours. it is quite funny, but it really breaks down economics into its simplest form, and it is a good primer to really understand the problems with keynesian and the austrian school and even the children can understand the buck. in fact, i voted for the level of a child so that congressman could understand it. >> you also ran for office. >> i did. i ran for senate, did not win. >> as a republican. >> i ran the republican primary, so i never made it out of the primary, but i did respectable for a first-time candidate seeking statewide office. >> would you run again as a republican? >> i might. i have no plans in the immed

peter schiff, the ceo of europe pacific capital. gdp down, unemployment up, recession.o off the cliff. >> we don't want to go off the cliff but what we need is for both parties to it beat compromise to have to compromise extending tax cuts for people who make more than a million dollars a year is not a good part of the plan. cheryl: should be taxed as making a million or more? is that the way we should go? >> i think the real problem is not going over the fiscal cliff, but trying to avoid it. if we actually do the right thing and tackle the deficit it could bring on a short-term recession, but that would be the type of constructive pain that we need to solve a problem. if we try to prevent that we're going to bring on a depression. will we really need to do is slash government spending. if that is painful in the short term for people who depend on checks we need to ensure that because, believe me, the real fiscal cliff is much worse when because we do nothing we have a sovereign debt crisis and the currency crisis and then we're in real trouble. >> the best way to have

has been over for a long time, almost 70 years, yet the remnants still mark our planet from europe to the pacific. we want to show you what happened in munich, germany, this week. they discovered an unexploded world war ii bomb, a big one. it was dropped on the city by the allies. they couldn't move it so they blew it up where they found it and watch this. the people had been warned in the neighborhood, those in the immediate area had been evacuated. windows were shattered across a wide area. small fires broke out. old bombs still surface frequently. a lot of them are becoming more dangerous because they are all decaying in the ground at the same time. just today they found one at the airport in amsterdam, and it was closed down while they removed it. while london has been enjoying the well deserved glow from the olympic games today, they welcome the world for the start of the paralympics. 4200 athletes from 165 nations, including north korea for the first time, the queen, william and kate in attendance at the now familiar olympic stadium. >>> when we come back here tonight, a final check on the

thousands of american soldiers still missing from world war two this definitely isn't europe it should be most mostly the pacific because in europe i think i think i think most of the most of the people killed and you have been recovering bodies a trial i don't know the statistics exact statistics but i would i would say that you're probably correct on that we have recently just found some world war two remains in the pacific theater there's approx seventy odd thousand still unaccounted for and i would like to add to that it was the vietnam veterans who started the movement for the recovery of p.o.w.'s my way which of course we went back and also it advocated for recovery of the world war two as well so it was my generation and the war that i was involved in that actually was responsible for starting this movement you started this interview by mentioning by thanking the russians by pulling for appointing this lady you quoted in that pretty hard. and i didn't mention her name because i i think i remember the only problem was enough. for you folks but. except communicate. with the with koreans what else do russian

europe is a tough challenge, and it's tough before better. and asia pacificis better than most people would say. it grew 12% for us the last quarter year over year, and pretty good balance across china growing 17%. korea, japan, aus ausall doing well. in terms of the u.s., it's the first positive signs we've seen. too early to call a trenld. but enterprise spenlding turning up. and commercial turning. state and local government which is the first one to slow down 18 months ago start to turn up as well. federal government will continue to go down in terms of spenlding. the trenld is going the right way. asia pacific solid, and europe challenging. >> susie: europe not a surprise. you've been getting a lot of concerning news about all the countries in the euro zone. let's talk about as a. we got a lot of reports about the chinese economy slowing down, and same for japan. your business seems to be doing well. do you see that continuing over the next 12 months? >> well, i'd say there's two different scenarios between china and japan. we are tightly alineed in term

the guests came from asia and the pacific region and europe and the u.s. >> i love k-pop. that is all i listen to. i listen to it all the time. even if we don't understand the language, it is really good music to listen to. i really like it a lot. >> reporter: now the moment these fans will never forget. >> one, two, three! >> reporter: they will soon chat in person to some k-pop stars. the group enjoyed a dreamy day with their favorite stars. they also sampled korea's traditional culture. >> translator: if we promote korea's favorable image to young people, they will stay interested in the country and come back some day. that is why we focus on tourism campaigns in cooperation with k-pop stars. >> reporter: and the beat goes on. k-pop promoters won't rest until they make k-pop a global sensation. anna jung, nhk world, seoul. >>> japanese astronauts is preparing for a zero gravity repair job. he and a u.s. astronaut will go on a 6 1/2 space walk at the end of the month. they will be doing work on the international space station. the third japanese ever to walk in space. he

soldiers did much the same thing and in europe and in the pacific than world war ii. i wanted to put in something of a soldier vote but there's a whole chapter on that and a number of people felt the interview veterans about how they voted. many veterans especially sailors said i voted for roosevelt because he was a navy man and the puzzled me at first because a navy man, yes he was assistant secretary of the navy during world war i said he was a navy man and he wanted very much to join the marines and delivery and fled with rules and wouldn't let him he said we need you here at home as assistant secretary said he went over toward the end of the war to inspect the troops and see what he could but he never was in a fighting situation. he was a navy man and the sailors voted for him. a lot of troops voted the other way but they voted the other way they said that's the way my family voted. they really didn't kno much about either candidate and roosevelt was the overwhelming favorite because they knew who he was. so one chapter deals with the soldier vote and another chap

what a destiny can be ours to stand as a great central pillar lifting europe, markers and the final people and cultures of the pacific. i can see a day when all the markers north and south will be linked in the mighty system. a system in which the errors and mist understangs of the past will be submerged one by one in a rising tide of prosperity and we know that the misunderstandings are awith i way in a day or wiped away in an hour but we pledge. we pledge that human sympathy for our neighbors the south call an attitude. interest will be our guide. and i can see this atlantic sy of civil eye zation galvannizing and guiding nations everywhere. oh, i know this freedom, i know that our own freedom is through centuries by honoring efforts of brave and wisemen and i know the road to freedom is a long and challenging road and i know also that some men may week's way from it. that some men resist challenge, accepting the false see coretive government paternalism and i -- and i pledge that the america in the years ahead will extend help in teaching and in nations so that all new nations will be at least encouraged, encourag

pacific. this went against everything president roosevelt was saying about europe first. in fact, it was going to be pacific first. it was going to be pacific first because the navy was indeed, the alliance was with the construction of airfield and guadalcanal would find itself in this untenable position of being unable to defend -- unable to send cargo ships in australia, the southern island stood astride us in the pacific. you can see here is how why. here's guadalcanal and here's sidney. the pacific shipping that is coming down through fiji to refuel, around here, this is all in bomber radius of guadalcanal at the japanese were printed to establish the workings of the military airfield. they would really split the alliance into. australia would be cut off and our strategic position would be seriously threatened. so this was the impetus on august 7, 1942. 14,000 marines under the first marine division, to land a guadalcanal supported by three aircraft carrier task forces vectored from all points around the pacific, pearl harbor up from new zealand. they converged in fiji

pacific or over in the atlantic? >> guest: on the whole, the casualties in the final year started to mount up in a pretty large way in europet i mean the casualties in the pacific on the whole were heavier. c-span: you are british. tell the american people from your perspective how did the americans do in world war ii? >> guest: the americans make a huge contribution not just in the question of the human sacrifice, the far east with the marines and the army there and particularly in north africa and above all in the day and in the fighting in northwest europe, but the industrial contribution was simply staggering. one of my favorite clips that i've put in the book is an american general who said the u.s. army does not solve its problems. it overwhelms them and i thought the way that illustrated this sort of cornucopia of tanks, aircraft, liberty ships all running off production lines. it was one of the most astonishing achievements in human history and there is no doubt about it, the reason why the russians got to berlin before the americans was quite simply the fact that it was american dodge, studebaker, chevrolet and all

pacific northwest. will continue at least into your weekend. all right, finally, let's go over to europe. and a massive low-pressure system. still in place over the british ais isles. stormy weather. the scandinavian peninsula will see stormy conditions. down toward the south. very hot. very dry. temperatures are getting up to 39 degrees in madrid on your friday. we are expecting it to become 40 degrees as we head into your saturday. here is the extended forecast. >>> here is a recap of the top stories. japanese prime minister, sat down with a couple of his ministers today to work through some thorny, use of foreign policy. japan is locked in territorial disputes with its neighbors. ministers decided to deport a group of activists and journalists from hong kong. authorities arrested 14 people on wednesday after they illegally entered japanese territory, the senkaku islands. china, taiwan both claim the islands as their own. the japanese prime minister met with several of his ministers. then confirmed their decision. chief cabinet secretary, fujimora said the activists are now with the imm

we can't not engage in africa, south america or the southern pacific with europe.nd do training to exercises do the things that you do to prevent something from happening or to make sure that you know the people that you're dealing with. i mean, for a lot of people around the world, the only american they ever sea are sailors or marines. c-span: why do we want 25,000 sailors or maroons in australia? >> we don't. it's 2500. c-span: somebody -- only 2500? >> it's a rotation force. sphwhran for how long? >> when you say rotational force, they're not going to be based there. we're not going build a big base in australia. we're going to marines will come in, do training, do exercises with the australians, with allies, and then get back on their chip ships and go throughout the pacific doing train andth. we get a ask for humanitarian systems or disaster relief about every three weeks. somewhere in the world, and our navy and marines in the first responders to that in almost every case. but these marines, as i said, are we're not going move 2500 marines, their families, e

we had been invading in the central pacific with the japanese taken over earlier in the war. we hadn't yet landed in europe and it wouldn't be until june 6, 1944 which i remember because my wedding anniversary is the tenth anniversary of d-day. i don't know that has to say about marriage, but in any case, i won't forget the anniversary. the result of the war at this point was that roosevelt felt that he had to continue. the war had to be one and the peace after that had to be one so there is somebody else to take the case. he knew he wasn't well. in the cover of my book shows roosevelt the way he actually looked in 1944. behind me is a flattering picture of roosevelt supposedly than early in 1945 and it looks like a campaign poster. roosevelt's colors were great and he had lost 19 pounds in the previous year. he said you need to get a check out. he said i get a check of everyday by the surgeon general of the navy. he said he comes in every day and checks me out. he came in every day and he was a physician what is emt? your nose and throat. that is what he did. he didn't check his blood pressure or his temp

europe. >> both the nikkei and the topix in positive territories. look at how other markets in the asia patchy f asia pacific are opening. >>> survivors of the atomic bombs in hiroshima and nagasaki often say they're afraid the world will forget. now the united nations has published some of their stories, subtitled in eleven languages. the oine project was organized after the u.n.ecretary general called for preserving their testimonies for younger generations. the project website features 12 people now living in the americas. they're stories are subtitled in english, spanish, arabic, chinese and other languages. this man, a resident of sao paulo says only those who saw the devastation after the bombings can really understand the evil of atomic weapons. >> translator: there are no a-bomb survivors around me because i'm now 90 years old. but i feel the need to tell my story to young people so that future generations will not forget. >> u.n. officials in charge of the project say they hope it will help create a world free of nuclear weapons. >>> many in japan are unhappy that nobody has been held criminally res

markets down 5% in the americas, 9% lower at the new york flagship location, off 7% in asia-pacific and europen. that's interesting. tiffany did cut its full-year sales growth by 1%. the retailer expects to return to growth in the key fourth quarter holiday period. and that could be what the street is looking forward to when bidding up those shares. >> good point, thanks so much, courtney reagan back at h.q. let's get more insight on tiffany's numbers now. brian nagle has an outperform on tiffany and a price target of $75. good morning. >> good morning. >> you're being cited as one reason the stock didn't open lower. what are you seeing? why is this not so bad in your words? >> i think the results could have been a lot worse. tiffany was facing mac co-economic damages throughout the world. earnings were lighter than street numbers and sales did decline but it could have been a lot worse. i think the market is saying we're through the most difficult time for tiffany. not out of the woods but through the most difficult time. there's light at the end of the tunnel here. >> what does that light lo

europe, and asia. india is one of its newest customers. both the navy and the air force just bought boeing planes. >> asia pacific and the middle east i think right now is where you see sort of the biggest growth. i think it's growth in defense budgets, it's growth in their industrial expectations, and also i think maybe regional threats that people see aging equipment and i think they all contribute to that. >> reporter: the uptick in international business is a bright spot for u.s. defense companies. after all, their biggest customer, the u.s. government, is scheduled to slash defense spending on january 1. >> industry and others in the department of defense and congress are actually looking abroad to other countries, allies and partners who may be able to buy more of the weapon systems made by u.s. countries. so what that will do, it will help offset the downturn in u.s. defense spending, at least for the industrial base, to preserve some capacity in our industrial base and preserve some capabilities that we have. >> reporter: defense analyst todd harrison says it's not just about business. selling u.s. defense equipment to other countri

and that is true today in iraq and in afghanistan just as it was true in europe and the pacific theater in world war ii. now of course some protestant americans wonder whether the non-protestants, and especially catholics could truly become americans. there was a real question. they were concerned the hierarchical and nondemocratic forms of church governance of the catholic church would hinder the ability of non-protestant immigrants to appreciate and for the give their allegiance to space institutions and principles and civic life. some even believe that catholic immigrants would have to be d could also sized by the public school system, another mechanism in order to become patriotic americans. well, the national predictable and understandable catholic reaction to that public schools are going to be used to decouple the size or do you think the immigrant kids and parents and religious leaders are going to do? they are going to create an alternative which would then only heightened the suspicion of some of their protestant neighbors. but per differentially need these worries go away was

so priceline is still well-positioned across europe and 25% of the their booking internationally are out of latin america, asia pacificlobal distribution company. they have 70% of their pocking from outside the u.s. it is the most global company frankly that cover. you also made a good point, liz. you're implying, it is interesting priceline did from the ashes did reinvent itself. liz: yeah. >> raises the question whether groupon could potentially from ashes. though there would have be a lot of changes as there were for priceline. ashley: you like priceline but don't like monster worldwide, do you? why? >> there is one mistake that investors have made including myself in the internet space over the last, 1015 years, competitive risk. secular growth for opportunities for on line travel, retail, advertising have been what people thought are and perhaps greater what people thought over time. the competitive risk and google to undercut yahoo! or in this case a linkedin to undercut a monter worldwide is very present that is what we're seeing with monster. too much competitive risk especially coming from linkedin. liz: mark

she goes to europe in the fall, she just finished the asia pacific portion. then in january 2013 she'll return to the states to end the tour. so it'll be 30 cities in three months. hard to believe, i still -- i'm not from the music industry. in talking to her, her last tour had 30 buses. stage, a couple buses for costumes and attire, right? her sound studio, she recorded her entire album on the road last time. and then staffing and so forth. so the thought was let's add a foundation bus to the entourage so when that pulls into the various cities on tour before the concert, it's a gal van nuysing e -- galvanizing event for the community. born this way online community and the born brave nation. so what is the born brave nation? local platforms grounded in the national born this way foundation structure, community based whether online or offline, these are all things we're having conversations with partners right now in terms of making it robust, but quality is possible. connects the unattached. so, ultimately, a vision of locally-based youth-led movement to dr

national liberation movements around the world. 500,000 african-american troops in africa, the pacific, and europe, had ringside seats to witness the crumbling of european colonialism. many thousands returned home believing that jim crow would be the next to go. so, this, too, was the context for roi atley's scribblings, during the period covered by the manuscript, he comments frequently about conflicts between white and black troops, on the efforts made by white southern officers to transplant jim crow to european soil, and on the similarities between fascism and southern race simple. ottley expressed resentment whenever he felt he was being pigeon holed as just an african-american journalist. he broke away from the journalistic pack to observe european race relations and to interview colonial officials about their views concerning this coming new world order. he tapped into a growing network of pan-african activists that included people like george padmore and the future president of kenya. most black journalist covering the war were primarily concerned with the contributions and struggles of bl

is considered russia's window to europe village of us talk me now become russia's window to asia the far eastern city is finishing up the preparations for the asia pacific economic cooperation forum known as a pac it's hosting the event for the first time and apparently the price tag has ready jumped to twenty two billion dollars that's twice the amount spent on the london olympics limited to the day hopes planes why this event is so important for russia. the fact that russia is spending so much money on the apec summit seems ridiculous first glance but let's face the facts russia's stance in the region is not as strong as it could be now it has become a member of the world trade organization promoting trade liberalization is easier than ever before especially for the host of the event next there are obvious perks let's take a look at this for example russia is an energy and metals champion though it's producing seventy percent of the world's copper and nickel asia on the other hand is the main consumer of energy in metals and it accounts for fifty percent of the world's consumption of aluminum forty percent of copper and nickel this is a multi-billion

pacific. >> you're right. tracy: north of the merge's and europe. >> here's the thing.s, august 17th. i have to explain why tiffany is down. at least i'm not doing that. i think what people like, this is what i like. same-store sales up 10% in japan. they have 5 stores there. -- 55 stores. stores sales were up in europe of all places. ashley: times get tough you buy jewelry. >> the moral of the story, sometimes even a bad company can have a oversold stock.+++ trial. there are eight similar trials going on across the globe. obviously samsung shares took a beating today. lowest level in four years where they closed. but apple shares hitting a new all-time high above $680. still up 2%. now according to bloomberg, apple will ask the court to block several samsung products from store shelves here in the united states. so we have to see what happens there we will continue to follow it because obviously this is big story for consumers. another big story for consumers amazon.com. shares are down right now. but they too hit a historic high a little bit earlier today. and you kno

>> reporter: everything from a traditional week-long vacation to europe to over-the-top safaris to islands in the south pacificach. people are putting up $200,000 each to go up on that small, suborbital flight. >> so in a down economy, help me understand why folks are spending that kind of money on luxury travel, peter? >> reporter: bottom line is people still have money in the bank, they're taking a look at the economy and a lot of people are looking at this moment as a last mentality. if we don't go now, we'll never go. a lot of bigger multifamilies coming together to share the trips, even in an election year where people don't typically travel. >> are these all americans? i can imagine there's a great deal of money in russia. right now you have it in china, brazil. they are helping our economy here in the united states. i would guess they're a big part of this pie as well. >> reporter: a huge part of the pie as well because travel is one of america's best foreign travel exports. and in fact, it's about cross-border travel. think about this, by the end of this year, we'll reach the point of 1 billion people

most look to the war being fought in europe, but these men were facing determined enemy fighters in the south central pacific. often with inexperienced crews and inadequate navigational training. they face thousands of miles of over water flying with no alternative landing site. the losses were enormous. always their goal was to complete 40 combat missions and make it home again. one such bombing mission was to complete a minefield that would close the shipping channel between the island of chichi in the regina. there were four bomber planes, each loaded with 41,000, mines. heavily defended by anti warcraft guns and japanese ships , they flew a very risky route between mountains where they had to fly so close to each other that their wingtips overlapped. at one point of a tenet miles released a mine just as another aircraft passed laterally in a bank beneath. it crashed into the fuselage, punching a 93-foot by six-foot whole, which you can see in this picture. a 6-foot parachute was attached to the mine, designed slow its descent toward. it billowed out behind the aircraft dragging the plane down while the m

europe's weak economy for the slow sales growth. shares tumbled in late trade, despite earnings that beat estimates. >>> tesoro is shelling out $2.5 billion for one of bp's california plants, creating the nation's pacificn refining empire. >>> google got a boost from plans to lay off motorola's mobility staff by 20%. >>> pfizer acquired future rights to sell a nonprescription version of astro zen ka's heart burn medication. and sears is going to spin off stores. and new data shows average credit card debt is up 6% while late mamts remain near an 18-year low. >>> landline phone companies collectively lost broadband subscribers. >>> nbc universal, the parent company of this network shattered its own record this month in london, more than 219 million viewers made the 2012 summer games the most watched tv event in u.s. history. >>> and you can add "f-bomb" to the list of f-words in the dictionary. other highlights from merriam-webster's dictionary, was flexitarian and obeseogenic. >>> plus a comebacker that nearly takes the head off of one of the boys in blue, your first look at sports is straight ahead. you're watching "first look" on msnbc. [ lenn if take ca of lega atct wi cme you tell us what you want

be russia's window to europe because jews of blood of a stock is set to become another window this time to asia the far east city is finishing the preparations for the asia pacific economic cooperation otherwise known as a. it's a me thing and it's thing hasted the event for the first time and hardly the four and price tag already found twenty billion dollars almost twice the official cost of the london elevates altogether that only that it does that now to meet the member thank you i hate explains why apec summit is so important. the fact that russia is spending so much money on the apec summit seems ridiculous first glance but let's face the facts russia's stance in the region is not as strong as it could be now it has become a member of the world trade organisation promoting trade liberalisation is easier than ever before especially for the host of the event next there are obvious perks in. this for example russia is an energy and metals champion though it's producing seventy percent of the world's alimony and copper and nickel asia on the other hand is the main consumer of energy metals and it accounts for fifty percent of the world's consumption of aluminum

most looked to the war being fought in europe, but these men were facing determined enemy fighters in the south central pacificften with inexperienced crews and inadequate navigational training. they faced thousands of miles of overwater flying with no alternative landing sites. their losses were enormous, but always their goal was to complete 40 combat missions and make it home again. one such bombing mission was to complete a mine field that would close the shipping channel between the islands of chi chi and i who gee that. there were -- iwo jima. there were four bomber planes that took off, but because the harbor was heavily defended by antiwar craft guns and japanese ships, they flew a very risky route between mountains where they had to fly so close to each other that their wing tips overlapped. at one point a lieutenant miles released a mine just as another aircraft passed laterally in a bank beneat, and the mine -- beneath, and the mine crashed into the fuselage punching in an ugly 3x6 foot hole which you can see in this picture. a six-foot parachute was attached to the mine, so it billowed out full beh

europe's weak economy for its slow sales growth. shares tumbled in late trade, despite earnings that beat estimates. >>> tesoro is shelling out $2.5 billion for one of bp's california plants, creating the nation's biggest pacific basin refining empire. google got a boost from plans to lay off 20% of motorola mobility's staff and news it's buying frommer's travel guides for $23 million. >>> pfizer acquired future rights to sell a nonprescription version of astrazeneca's heartburn drug nexium, pending approval, the purple pill could show up over the counter by 2014. >>> sears shot up on plans to spin off its hometown and outlet stores. >>> new data find average credit card debt is up 6% while late payments remain near an 18-year low. >>> a new "associated press" tally finds landline phone companies collectively lost broadband subscribers for the first time last quarter, thanks to cable company's higher speed access. >>> nbcuniversal, the parent company of this network, shattered its own record in london. more than 219 million viewers made the 2012 summer games the most watched tv event in u.s. history. >>> and you can add f-bomb to the list of "f" words in the dictionary. other highlights from merriam-webster's