earlier i got the chance to speak to steve forbes, editor in chief of "forbes" magazine and asked himught of the chances of that. >> they are the chief villain on that is not just the uncertainty in the middle east but even a bigger one is the federal reserve printing too much money? over time there's a very close correlation between what happens to the dollar and what happens to the price of oil. when the dollar gets weak, the price of oil, which as you know when other commodities are denominated in dollars, they go up. we saw it in the '70s when the dollar was savagely weakened. it went from $3 to 40 dollars a barrel. president reagan brought down the inflation. oil fell in half to $21. so a lot of it's in the hands of the fed but a big short-term thing obviously is the middle east. if there's a real prospect of a blowup, insurance rates on the tankers going through the strait of hormuz will send up oil prices even if something doesn't come to a conflict. >> steve forbes there of "forbes" magazine. andrew, you've talked about this many a time on this show, it's a perfect storm for c

forbes magazine new list of billionaires highlights one of its newest names. gest woman to make the forbes list on her own with no help from a husband or an inheritance. >> sara blakely's slimming undergarments have done countless wonders for women and obviously her bottom line too. hello to you, sara blakely. >> good morning. >> congratulations! i know when sara sat down, she said, charlie, i'm going to make you blush. charlie, do you have anybody idea what it is? >> no, i don't. really did not know. but congratulations. i just never have seen the two of them so enthusiastic about somebody that they wanted to pay homage to. so explain to me what has all these people atwitter. >> thank god for panty lines because that's how it all started. you had an unsightly panty line and so you did what? >> i basically didn't like the way my own rear end looked in white pants. i don't know if this has happened to you, charlie, but it's a real problem for women. i couldn't figure out what to wear under my clothes. the body shapers were too thick at the time. it almost felt l

forbes magazine's annual billionaire list is out, and she is the youngest woman bi billionaire, she turned $5,000 of her own saving s shaped out f an idea that mixed fabrics. the spanx alert. >>. [ laughing ] >> let's show everyone, yeah, the old spanx. >> thank you for taking care of me. >> all in good fun, sarah blakely, founder and owner of spanx, joins us now, congratulations on forbes magazine, how did you do it? this is a big deal. tell us about the inspiration. >> do not under estimate the woman that does not like how her butt looks like in white pants. >> that is the sound bite of the day, honey. >> i had never taken a business class, i just wanted an under garment that did not exist. a frustrated consumer, i cut up the pantsy hose and i decided that shapers were thick and felt like we were wearing work out clothes until spanx. >> first of all, let's talk about oprah and the influence that oprah had in all of it. >> yes, so, i am in my apartment and i invented the product, it took me two years to work on it at night and on the weekends. i wrote my own patent and i sent a gift baske

forbes magazine and its list of the richest people in the world.here seems to be a new trend this year. billionaires who bootstrap their way on to the list and many are if from the bay area. >>> amid the usual face there's are some surprising new names with some unusual stories about how they got into the world's most exclusive club. sarah blakely squeezed on to the list this year by helping women squeeze into their favorite little black dresses. >> you look slimmer in all the right places. >> the creator of spanx was only 29 when she invested her entire life savings $5,000 into an idea inspired when she heard oprah saying she made her own version of a tummy flattener. kevin swank turned sweat into gold. >> coming up with underarmer a moisture absorbing sports apparel line. ilan musk raised his way to a cool $2 billion thanks to his car company tesla. his next project could take him to the moon literally. he is looking into space rocket engineering next. and less than a year after the death of steve jobs h his widow enters the list with an estimate

forbes magazine says there are now a record 1200 26 billion airs on the annual whist compared to 140 when it was rated 1226 millionaires on the annual list compared to 140 when it started. >> he has a fortune of $69 billion. he is still ahead of his closest rival. this is asia's richest man. his net worth is $25.5 billion, something to enjoy at the age of 83. one of the winners this year is mark zuckerberg, who is worth $17.5 billion. the biggest loser was this man from india, the owner of the biggest steel company. his net worth dropped $10.4 million. the russian oligarch also dropped. it is roughly half of what it was last year. it has been an unstable time for the world's richest. >> it was an amazing year of volatility. it is only a net gain of six teen who. -- 16. there were 117 who dropped off, another 12 who died. >> there were also new faces. ford said there were as many who gain wealth us who lost it, and in terms of countries, the united states is still home to more billionaires than any other nation. >> the u.s. went up a little beit. there is a lot of churn. >> with the e

according to "forbes" magazine. the team's current value around $360 million ranking 19th out of 30 major league baseball franchises. the os recorded 14 straight losing seasons. the team opens the 2012 season april 6th at home against the minnesota twins. >>> the new orleans saints head coach has been suspended without pay for the 2012 nfl season. for being involved in a bounty program. the nfl handed down the punishment after finding players were rewarded for trying to hurt their oh poantsz. the team has to pay a $5,000 fine and the defensive coordinator greg women williams has been suspended indefinitely. the head coachler suspended for several games. >>> punishments against the players haven't been announced yet. >>> tim tebow will be putting on the new york jets jersey. in exchange the jets will send two picks, a fourth, and sixth rounder to denver. the move comes a day after the broncos signed peyton manning to a five-year $96 million contract. >>> "hunger games" fans have less than a day to wait for the movie'

>> he's in forbes magazine.ve criticize forbes magazine, where they are glorifying criminals. the drug lords are idolized by the youth. smed instead of soccer players, act ares on, singers, it's the drug lords, actually. >> greta: why don't we see all the murders in juarez in el paso? they are separated by a line, imaginary, but just by the border? >> el paso, texas, is my second home, a beautiful city. two years ago, el paso had 5 murders and juarez had thrent 11 border's the murder capitol. president fox, the former president of mexico, believes that the u.s. government is conspiring with the cartels to stay out of certain areas, why is el paso so safe and why is laredo so safe and across the border, it's so dangerous? it's an interesting question? how much has the cartel business been exported to other parts of the world, other than the united states? >> the influence of chapo guzman is extreme. he's in europe, asia, central america. guatamala's going through a horrendous situation. they are all over the plac

in the past ten years, stockton has been at the top of forbes magazines most miserable cities list. the city with a $15 million deficit is on the verge of bankruptcy. city leaders have gone negotiations with bond holders and credit unions and leaders in an attempt to stay solvent. >>> ideal conditions including weather and water level have people on a gold rush. here's why so many are panning for gold again in california. >> reporter: old time gold panner jason smith say, look around on aarea waterway, it's clear, gold pang -- panning is exploding in popularityishing there's craters everywhere from people digging holes. >> the opener of the mining supply store says with gold prices hovering near 17 this an hundreds, the reason for panners hitting the river. >> you can make bitter than minimum wage. >> experts say the dry, warm winter also playing a big role. >> that's totally it. and everyone is taking advantage of it. >> gold-panning experts say because the drier than normal winter is exposing potential pockets of gold. >> big difference. the river banks today is the river bombs fo

. >>> according to "forbes" magazine, 16 more billionaires in the world than last year.arah blakeley joined the list this year, with the success of "spanx." >>> and dorito's tacos now on sale. taco bell plans this product launch. taco bell hopes for a turnaround after a bad year. that's "america's money." i'm rob nelson. >>> get ready for a beautiful day. it's going to feel like spring. i'm linda so live at the 7-eleven in loch raven. we're talking to folks about their plans for this warm day. >> teens and tobacco, an issue for years. a new report that is out, that stunned america's surgeon general. >>

the annual list of the world's wealthiest is out from forbes magazine, carlos slim maintains the topt. slim is worth $69 billion. he is followed by the richest americans, mime microsoft founder bill gates with $61 billion and warren buffett with $44 billion. rounding out the top five bernard arno, and clothing store zara founder other tay goe with $17.5 billion. thank you for being with me. next week i will talk about the high price of oil with the ceo of chevron will join us. keep it here where wall street meets main street. see you again next weekend.

"forbes" magazine says limbaugh's deal with his distributor, premiere networks, pays him more than $56 million a year. premiere in a statement today said it respects limbaugh's right to express his opinions but adds, he did the right thing by apologizing. on "the view" today, fluke dismissed limbaugh's apology posted on his website. >> i don't think that a statement like this issued saying that his choice of words was not the best changes anything. >> reporter: an apology he says is heartfelt, she says is the result of pressure from sponsors. anne thompson, nbc news, new york. >>> up next here tonight, news for parents whose kids play contact sports. bay area ! here's big news from verizon wireless and xfinity from comcast. now get the xfinity triple play and verizon wireless together. call 855-704-7400 to sign up and get a free smartphone. choose one of our hottest phones. verizon wireless and xfinity. tv, home phone, internet and wireless together. >>> the nfl is dealing with an unfolding scandal. coaches who paid bonuses to players to injure their opponents. it's been called pay for

forbe magazine reports he increased the value of the team by $233 million. they even called the colts' home field the house that manning built. >> indianapolis certainly would not have lucas oil stadium and probably would not have been hosting the super bowl if not for peyton manning and the success he brought to indianapolis. >> reporter: number 18 became an icon off the field for advertisers. >> you can watch exclusive game highlights of all your favorite players, like peyton manning. >> reporter: he even got to host "saturday night live". >> my team, the colts, won the super bowl. >> reporter: and he'll forever be revered for his charity work with children. several teams appear interested in signing him, should he be healthy. >> i don't want to retire. nobody loves their job more than i do. >> reporter: but in indy, no one will ever wear the number 18 again. kevin tibbles, nbc news, chicago. >>> that's our broadcast for this wednesday night. thank you for being here with us. i'm brian williams. we hope, of course, to see you right back here tomorrow eveni

stockton made the most miserable cities list for "forbes" magazine. this year we overcame that and we're now 11th i believe, but around the next corner is this bankruptcy. who wants to live in a city with that reputation, so people are concerned. very practically getting back to rachel's question, the city has said, you know, we've cut to the bone in terms of cutting, laying off, cuts services and lag off police and fire. stockton is one of the most violent cities in the state if not the nation, so they say we're not going to cut police and fire pay any more out of a fear they go elsewhere for better jobs, which they are doing anyway. so they're going to ask the bondholders now who leveraged stockton's debt, and they're going to start feeling some of the pain. >> there's not much chance the state will come in with any kind of bailout, i would guess. are they going to them at this point, or is it like we're on our own and we have to figure it out? >> i think the state has their own problems and won't bailout stockton. >> belva: this is process somethin

forbes magazine just released its annual billionaires list and counted an all-time of 1226 billionairescarlos slim came out on top with an estimated worth of $69 billion. bill gates ranked second at $61 billion. warren buffett, third with just a mere $44 billion. >>> fourteen of the world's richest people on the list are local billionaires living right here in d.c. >>> some bad news if you wanted to run in the marine corps marathon this year, tucker, but you still haven't signed up. >> that is. cog up next. >> you better be able to pull some major stranges with this one. serious questions surrounding the background of d.c. fire chief kept etheler bee. questions -- kenneth ellerbe. >>> we'll have the forecast and traffic after the break. [ beep ] [ man ] you have one new message. [ mom ] hi scooter. this is mommy. the progresso chicken noodle you made is so good. the vegetables are cut nice and thick... you were always good at cutting your vegetables. and it's got tender white-meat chicken... the way i always made it for you. oh, one more thing honey... those pj's you like, the ones with

forbes magazine's annual list of the world's billionaires puts carlos slim on top, number one three years in a row largely because of assets from his telecommunications empire. here's the top four. slim has the net worth of $69 billion. microsoft founder bill gates is in second with $61 billion. not too bad. investor warren buffett is third with $44 billion. and coming in fourth place, french businessman bernard arnault, $41 billion. >>> 4:46. out with the old in with the new ipad. the biggest difference with apple's new toy. plus this. >> thank you. >> teacher by day, movie star by night. how one woman's double life could get her fired. >>> the big treat in the bay area. the warning after whales were spotted in the san francisco bay. they're beautiful. we have some news on that coming up. >>> skies nice and clear but cold outside. temperatures by this afternoon maybe in the 70s. we'll talk about that coming up. a california school district suspects one of its teac ,,,,,,,,,, [ man ] it's big. responds in a moment's notice. supports in times of need. same with aladdin. aladdin became the

the annual list of the world's wealthiest is out from forbes magazine, carlos slim maintains the toppot. slim is worth $69billion. he is followed by the richest americans, mime microsoft founder bill gates with $61 billion and warren buffett with $44 billion. rounding out the top five bernard arno, and clothing store zara founder other tay goe with $17.5 billion. thank you for being with me. next week i will talk abouthe high price of oil with the ceo of chevron will join us. keep it here where wall streett meets main street. see you again next weekend. [ male announcer ] this was how my day began. a little bird told me about a band... ♪ an old man shared some fish stories... ♪ oooh, my turn. ♪ she was in paris, but we talked for hours... everyone else buzzed about the band. there's a wireless mind inside all of us. so, where to next? ♪

"forbes" magazine says limbaugh's deal with his distributor, premier networks, pays him more than $56llion a year. premier in a statement today said it respects limbaugh's right to express his opinions but adds, he did the right thing by apologizing. on "the view" today, fluke dismissed limbaugh's apology posted on his website. >> i don't think that a statement like this issued saying that his choice of words was not the best changes anything. >> reporter: an apology he says is heartfelt, she says is the result of pressure from sponsors. anne thompson, nbc news, new york. >>> up next here tonight, news for parents whose kids play contact sports. [ nadine ] buzzzz, bzzzz, bzzzz, bzzzz, you know, typical alarm clock. i am so glad to get rid of it. just to be able to wake up in the morning on your own. that's a big accomplishment to me. i don't know how much money i need. but i know that whatever i have that's what i'm going to live within. ♪ ♪ i've been so looking forward to this. when my asthma symptoms returned, my doctor prescribed dulera to help prevent them. [ male announcer ] dule

horrific racial epithets used in american history even worse smith seems nothing wrong with show forbes magazine and according to the dictionary the n word does not mean black it means low down lazy and sorry person ever really makes it so much but the ground smith also said she thought the bumper sticker was cute and that the n. word was not offensive attacking the president as states over his race and calling one of the most horrific words in english language cute now that it's just very clear. without a strong manufacturing base a country is rude that's because as adam smith pointed out back in seven hundred seventy six is what wealth of nations only manufacturing produces new wealth for a nation service sector is important for an economy we need somebody washing cars or repairing computers but without the manufacture of that car or that computer the nation has no real or original well. every time you look at something in your house or apartment that stamped with a made in fill in the blank country sticker or made in any nation you know that's one less product manufactured by an american fact

forbes magazine, new list of billionaires highlight one of the newest names. > she's the youngest woman to make the forbes list on her own with no help from an inheritance or a husband. >> her slimming garments have done countless help to women. hello to you. >> good morning. >> thank you to you. >> thank you. >> congratulations. when sarah sat down, tv viewing audience, she said charlie, i'm going to make you blush. >> that's a story there. i really didn't. congratulations. i have never seen the two of them so enthusiastic about somebody they wanted to pay homage to. >> thank you. >> explain to me what it is you created ha that has all these people a twitter. >> thank god for panty lines. that's how it all started. an unsightly panty line. you saw what? >> it is a great american story. what did you do? >> i basically didn't like the way my own rear end looked in white pants. i don't know if this happened to you. it's a real problem for women. i couldn't figure out what to wear under my clothe. the body shapers were like wearing workout clothes under your beaut

was a piece of it came out i believe yesterday or the day before representative blackburn in forbes magazine and she's saying that now the t.s.a. is going to expand their grass to highways and maybe even bus depots and that was an agency that was originally intended to just do airport screening that was the whole point of the t.s.a. was just korean passengers before you get on an airplane and now they've turned into something very close to this weird secret police force they have uniforms they have metal badges and things like and yeah they just confirm the fears that the. we'll have out there that we are turning into this police state and there's no other way to describe it now david you and many critics of any a want to see change you said you want to see members of congress that allowed this to happen step down or be voted out but in reality what do you think is the likelihood that if law or some of the more controversial aspects of the law can get repealed it can definitely be repealed the problem right now is that the vast majority of americans don't even know about this i was talking t

forbes magazine says more than 18 million people signedp for the virtual bulletin board this month alone. women make up the majority of users. according to the report a number of male-dominated venture capital firmses had passed on the idea. investorses now estimate pinterest could be valued at $1 billion. >>> message millions jackpot is expected to jump to $346 million for tuesday's drawing. while knope in any state matched all the mushes there were seven lucky california winners who hit five numbers, including one right here in the bay area. that winning ticket was purchased at a liquor store in mountain view and worth more than $259,000. >>> oakland officials are hoping for good weather for the marquee running race. 9,000 people are expected to take part. organizers expect that event to general about $3 million for the croof oakland and $300,000 for localcharities. >>> new details have emerged in the sexual abuse scandal involving former coach sandusky. back in 1998 a psychologist concluded that sandusky's behavior fit the profile of a likely pedophile. the psychologiologist was looki

forbes magazine is out with this list of billionaires. carlos slim, bill gates, and warren buffett. new names are elon musk who co- founded paypal, the undercovr armour founder. [laughter] >> intimate knowledge with spanx. apple unveiled the latest version of the ipad wednesday in san francisco. it will have a sharper screen and faster processor and will be slightly thicker and heavier than ipad too. it goes on sale march 16, and we are told prices will start at $499. you are about to get more headroom, or at least your bags are coming in several major airlines. bin doors.lacreplacing they will curve out more that will allow passengers to slide them in wheels first instead of sideways. overhead bins on this bill cut international route will hold 26 more bags. -- delta international route will hold 26 more bags. wells fargo slapping on more fees for checking account holders. >> wells fargo planning more fee hikes on checking accounts. the banks start is charging $7 a month for essentials checking in six more states without elaborating which states. that is a must keep a minimum balan

. >>> forbes magazine is known for putting out an annual list of the richest people in the world.omberg is releasing a list of its own every day. as of today, nine of the richest people on the planet are americans. thigh are from the sam walton family. they own walmart, of course. oracle executive larry ellison is on the list. warren buffett comes in third on the list. bill gates is second. carlos slim is 72 years old and a telecommunications tycoon in people co. when the stock market closed yesterday he lost a little over 135 million in a day, but he's still the wealthiest for now. >> miss white could loan him. she has twice that. >>> still to come, trading up, if you're planning to snag the new ipad as soon as it's released, you could get some cash for your old ipad if you act fast. >>> her parents thought she had people! look at you! texting...blogging... all this technology, but you're still banking like pilgrims! get high yield free checking at capital one bank. why earn bupkis, when your checking could earn five times the national average!! and free atms anywhere. five times

bradbury but it is the most -- one of the most expensive zip codes in the nation according to forbes magazinen 2010. they cost 72 million instead of 78 million. i'm still searching for someone here who has 78 million dollars laying around. >> you will be searching for a long time. better shot finding rain this week. >> 78 million raindrops, a billion or something like that not worth much maybe worth a little turn sprinklers off, get reservoirs filled, get that snow pack it all starts tonight enjoy today good morning coming up on 5:18 emeryville towards san francisco fairly clear this morning temperatures cooler this morning you will need to does for mid to upper 30s inland to -- to dress for mid to upper 30s inland. mid to upper 40s monterey bay inland salinas, 38° in gilroy. three highlights of a very action-packed forecast partly sunny, quiet last dry day today heaviest rains wednesday cold, wet weather this weekend with snow in our mountains around the bay area. today temperatures ever so slightly warmer to about the same as yesterday. santa rosa the same at 60, concord, oakland, san jose

>>trace: interesting, "forbes" magazine says that peyton manning has increase the the value of the coltsver the past 15 years by $223 million and they say the average increase for nfl teams in that time is 200 percent, but for the colts 360 percent mostly because they got a brand new stadium because of peyton manning. >>shepard: he turned america's basketball country into a culture that loves football. it changed the culture. >>trace: that was peyton manning stadium and they played the super bowl for the first time this year and he was instrumental in getting that super bowl, and he was instrumental in taking the colts to two super bowls, winning one championship, four mvp's he is the man and all 32 teams you take out best quaterbacks in the league and every team in the nfl would benefit by having peyton manning on their payroll. >>shepard: but we will keep eli if that's all right. >>trace: eli is great. we will keep philip. >>shepard: you do that. i don't i know ... randy, do you want him? >>randy: love him. grab him. >>shepard: he did wear orange. peyton manning, that was awesome. a gu

. >> reporter: a year ago, stockton was named the country's most miserable city by "forbes" magazine. now, citizens are asking, how did stockton get itself into such a mess? and how will it get itself out? as in many cities, home construction-- which had been booming-- collapsed as thousands of homes were foreclosed on, and thousands of construction jobs were lost. prices of homes dropped 65%. and according to the mayor, the situation just kept getting worse. >> layer on top of that, the great recession we're dealing with. our unemployment rate is probably 17% right now. those all combine to form the perfect storm for our city. >> reporter: but there were some mistakes that stockton officials also made in the past. when times were flush, stockton went on a building spree. this ballpark seats 5,000, and is home to the stockton ports. but times have changed, and stockton owes money for projects like this, and may not be able to pay it back. city officials sold bonds to finance redevelopment projects like a new hotel and an upscale events center, built near the water that is channeled up

. >>> they are the world's billionaires, according to forbes magazines. >> the number 1 is held by tycoon slim. his estimated worth is $69 billion. placing him just ahead of ravens steve bisciotti. they are the only two people from the baltimore area, on the billionaires list. >> it's my closest friends. >> i'd like them to be. >> most definitely. >> i sure would. come to dinner being guys. >>> still to come on wjz eyewitness news. she hit the jackpot. but now she's in hot water. the extra benefits this lottery winner is accused of cashing in on. >>> knowing what she did for me. that gift. that's what she did. >> talk about a real life saver. that dog's incredible discovery that saved her owner's life. >>> bob turk. another warm day on tap. i'll have the exclusive first warning five-day forecast. >>> and wjz 13 is always on. here are the top stories on wjz.com at this hour. for updates on all the day's niewgz -- news, and the updated forecast, log onto wjz.com. ,,,, desire two police officers in hoarg org are hailed as heroes, after risking their lives to

according to forbes magazine 16 more billionaires in the world than last year.rah blakely joined the list success from spanx. taco bell's dorito tacos on sale planning the biggest product launch in history. taco bell hopes for a turn around after a really bad year. that's america's money i'm rob nelson. >>> good thursday morning. one of the bay area's biggest food banks is cutting back on deliveries because of rising costs. second harvest bank says it is paying more for gasoline and up to 57% more for rice, eggs and peanut butter that mean the food bank is delivering smaller portions. a spokeswoman says the higher costs are hitting when services are needed the most. the food bank is asking for the public's help in raising money to feed hungry families. >>> committee will conduct an audit of san jose's employee pension plan. lawmakers requested the audit to settle a dispute over how big the problem is. cost estimates ranged from 300 million to 650 million dollars over union objections the city council has agreed to put a pension reform measure on the ballot commi

"forbes" magazine actually has an answer to this question. says is, remain anonymous if you can. now, unfortunately, in virginia and d.c. they both make the names of lottery winners part of public record eventually. maryland winners though can remain anonymous if they choose to for as long as they want. next, see a tax professional before you cash your ticket. there are lots of different payment plan options. so make sure you're picking the right one for you. and "forbes" also says carefully select a team of legal and financial advisers you want to hand pick a lawyer and accountant and investment adviser that check out with state disciplinary authorities. so considering we're all going to win this, we just all need to know if you have a question you'd like us to consider for ask liz if you're not a billionaire send it to ask liz at nbc washington.com. connect with me on twitter. just search liz crenshaw. and on facebook by searching liz crenshaw's consumer watch. >>> what would you like me to get you tomorrow morning? >> a villa in tuscany. >

forbes magazine reports that they know the man responsible. van exel goes by different names and is known for al pacinoing onto celebrities. the picture was taken during the private viewing. foreign says van exhe'll tended two private viewings. >> remember all that talk that she was buried with a half million dollars worth of julie. forbes is reporting that it was costume jewelry. >>> every girl and young lady dreams of being married that that perfect dress but probably not like the one you are about to see. >> d.c. general not mine. a bridal train so long they needed a hot air balloon to show it off. we'll explain what that is all about. >>> good morning. we have a lot of fog across the area. julie wright will be in with a look at your traffic too coming up in just a minute.  maybe you can be there; maybe you can't. when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. >>> a

forbes magazine are just released its annual billionaires list and counted an all time high of 1226 billionaires will not be mentioning oprah's name in conjunction with this story. it is mexican tycoon carlos slim who had an estimated worth of $69 billion. bill gates was second at $61 billion and warren bufferrette at $44 billion. fourteen of the world's richest people on the list are local billionaires living here in the d.c. area. >> that would be a really fun fact if one of those people were me but it's not. >> it's not. i don't have a billion of anything, never mind dollars. >> of fans, i bet you do. >> i don't have a billion blades of grass in my yard. >> i just love the number one guy, carlos slim. >> i guess when you are like the top billionaire in the worm, can you make your name really cool. >> he owns part of the knick times now, doesn't he? >> something like that. >> he is a bigwig. we got it. we don't need a billion dollars to be happy around here because we'll be in the 70s. >> that is all we need. nice weather. >> we've got it in the forecast today with our temperatures well above

forbes magazine listed it one of america's 5 most downsized cities in 2009.he huge good morning complex sits empty. but today, there is fresh hope dayton manufacturing can regain its former glory. general election trick, healthcare company abbott laboratories and other major companies have announced they will open factors here they will look different from the assembly lines manned by an army of low-skilled workers. high-tech manufacturing has come to dayton. this is yaskama, used to automate assembly lines. roger christian gave me a tour of their factory floor. >> this is our core product, our welding robot. this is age example of one of the robots we sell. the robots weld the parts and while the robots are welding, the operator is loading the finished parts and reloading the next tour with new parts to be welded again. >> he says the boost of productivity on the factory floor through the use of robots will be a critical factory in bringing more businesses and ultimately more jobs back to america. >> at the same time, the automation is making it easier to ma

newspapers, the telegram in massachusetts, "forbes" magazine, than npr. then i left to write my first book the freshman. and for some years after that i was the good director of the center here teaching journalism. then i left to do this book. >> host: you are with of wilson's center? >> a senior scholar their. it is created as a living tribute to woodrow wilson who was the only ph.d. president we have never had. he was president of princeton the four elected president. my dog is named to will send in his honor. [laughter] it is a center where scholars from around the country and international scholars can come to do research. to think about various issues affecting the u.s. future and global issues. >> host: are you doing much traveling with the book? >> guest: i am. i will be in ohio before the fair during super tuesday week. i am very excited about that. i will make a trip to england at the end of march. i'll speak at a few colleges in new hampshire and at the main block festival march 31st. i am going to the swing states. hopefully also colorado. let

"forbes" magazine, no bastion of progressism, have said spectators have driven up the price of oil about $25 a barrel. >> suarez: kenneth green, you were shaking your head. is there a shortage of supply of oil? is it supply and demand? >> you know, the evil speculators, this is funny. somehow when the price goes from $3.50 to $4 it must be evil speculators but when it goes from $2 to $2.50 you don't hear about speculators or $2.50 to $2 you don't hear about speculators. we have magical high end speculators that move to only one direction. >> suarez: well, wait a minute, though. the price of a barrel of oil has gone up smartly in the recent couple of weeks, but there's no less oil entering the world marketplace than there used to be. so what is it? >> there's more uncertainty over whether or not the oil will make it through the world marketplace and to the refiners and whether the refiners will have the capacity to process it in time for the driving season. there e man risk factors that are priced into the price of a barrel of oil that are intangible but no less real. >> suarez: daniel we