is this place general electric american bombs well how they get the money to make them and who's giving it and why to protect us from. these are all questions that somebody like obama should butt out. it just didn't happen. it was designed. and those bases just came along by you know some terrible cancer. when you see how much money is at stake in in the operations that go on every day it's phenomenal the number of flights to take off from kadena air force base every single day involved just that one base in that one country on one day one have been fault thousands of gallons of jet fuel. repair and maintenance and parts for those aircraft the rationale for these bases is that they're continually practicing and training and using the equipment and and running the personnel through their paces and and feeding them and and so on and that is an incredibly expensive operation this is what. president eisenhower was warning against in his farewell address in one thousand nine hundred sixty one where he invented the phrase military industrial complex meaning hidden power power that was not rea

of the 21st century, big american firms cut around 3 million jobs in the u.s., while adding almost as many overseas. no company went global more aggressively than general electric, the conglomerate that makes everything from refrigerators to m.r.i. machines to jet engines. yet as lesley stahl reported in october 2011, when president obama was looking for someone to help get americans back to work, he recruited a most unlikely candidate: the republican ceo of general electric, jeff immelt. >> the mood is dark. people are pissed. why not try to do better? >> jeff immelt talked about his czarship at a gathering of g.e. managers. >> you know, i grew up in cincinnati, ohio, and my parents are really right-wingers. my dad watches, like, five or six hours of fox news every day and stuff like that. so i called home and said, "hey, just to give you a heads-up, you know, i'm gonna be with the president, and he's asked me to lead this jobs council." and my mother said, "well, you said no, of course, didn't you?" [laughing] i said, "no, mom, that's not what i said." [cheers and applause] thank you. >> when you were chosen, there was a lot of criticism. >> yeah. >> i saw a

the american council of engineering companies associated builders and contractors, associated general contractors, construction industry roundtable, independent electrical contractors, merit elevator contractors association of america, national association of women in construction, national black chamber of commerce, national federation of businesses, small business and entrepreneurship council and u.s. chamber of commerce women construction owners and executives. mr. chairman, this amendment is only permissive, it's not mandatory, simply nondiscriminatory. in the interest of time because i know this would generate a meaningful amount of debate and because this debate would be repeated on the floor because if passed here there would be a motion on the floor to take this out of the law, i ask unanimous consent to withdraw my amendment and we'll have this consideration on the floor. >> so ordered. okay. we're now going to proceed to vote on those amendments where a roll call vote was ordered. the committee postponed further proceedings on the amendment offered by mr. turner. and shall now resume those proceedings. question now occurs on the amendment offe

if you took the murdoch name out and for example it's disney which owns abc or it's general electric or other american companies, would you go after those companies and those licenses as well? guest: absolutely, this is not a partisan witch hunt, this is about somebody doing something wrong. and that's what my organizations focuses on, ethics and responsibility, the kind of behavior we're talking about here in great britain and potentially here in america violates all moral codes. host: melanie sloan who is with crew and john swaine with the "daily telegraph" and john is on the phone from massachusetts. good morning, thanks for waiting. caller: melanie and john, keep going at it. don't stop it. i think this has gone even further than that. we lost our freedom because of this, ok? we got media that during the time that we were attacked, bush's uncle was producer of fox news, ok? we will ride into war. that's why everybody is losing their freedoms. now we have the patriot act. in england, everybody's losing their rights over there. i think because bush is related to the queen for some reason, during the

well, americans have never had a greater variety of fuel- efficient cars to choose from: hybrids, electric vehicles, clean diesel. general motors, which several years ago was pitching hummers, in march sold 100,000 cars that got more than 30 miles per gallon. with each passing day, the american driver is more insulated from higher gas prices. and that's true for the economy at large. the energy department says gasoline demand this summer is likely to fall to 8.8 million barrels per day-- that's the lowest it has been since 2001. we may have a problem with slowing growth this year, but high gas costs won't be the reason. i'm daniel gross. >> susie: and finally tonight, a milestone for lower manhattan as the freedom tower rises to new heights. the tower at one world trade center surpassed the empire state building as manhattan's tallest sky scraper, rising above 1,250 feet today. when completed in 2015, the tower will be nearly 1,800 feet high with 104 stories, making it the tallest building in the u.s. and one of the tallest in world. tom, it's quite the comeback. >> and before we leave and sign off for tonight, i hope ou

jeff was sitting on the new york fed at that point, general electric received $16 billion in low-interest loans. i think the average americanould think it absurd when you have the function of the fed is to be protecting consumers and taxpayers against wall street, you have wall street right in the middle of the fed making those decisions. >> senator you know i could not agree with you more. i have written about this the conflict of interest adherent in having bankers sitting on the organization of the organization that loans them the money. and most people are not aware of this. you proposed this bill elizabeth warren has said let's end this. is there growing momentum to change the governance of these fed boards? >> we will see eliot. i have been disappointed that we have not seen more democrats and more republicans standing up using what recently happened at jpmorgan chase as just an example to point out, we cannot go back to where we were with that kind of irresponsibility and recklessness that lead us into this recession, but we will see, but do not ever, and i know i do not have to tell you this do not ever underestimat

generation utility, which means they don't need to worry about the e.p.a. unlike so many of the other higher-yielding coal burning like american electric power. part of the country where residential construction is still thriving. which means more customers for con ed too. needless to say con ed like every other company on this list has a phenomenal record of raising its dividend. just like conversion from oil to nat gas. i think it's going to make it pretty easy to raise the dividend this year for ed. second there's sherwin-williams. don't talk about it enough. the paint company. small 1.2% yield. but wow, terrific track record of dividend boosts having increased their payout at a 20% compound annual growth rate since 1980. we know from last quarter the paint business isn't strong -- it's strong. it isn't just the great weather. a lot of people are critical because they say it's strong because it's so nice out. uh-uh. we know this because inside paint is selling just as well as outside paint. plus their raw costs are coming down. a lot of things going sherwin williams' way. third, we've got abbott labs. the defensive drug company with 3.3% y

american dream and the system was working. large agreements between the united auto workers union and general motors in the automobile industry and the steel industry and the rubber industry, atomic electrical workers and so forth, there was a sense that america was working economically for the middle class. you had broadly dispersed prosperity around the country. people were living reasonably well. they did not have cell phone spots or some of the modern inventions we have, but i am talking about for the way people lived at that time, lots of people were doing well. they came out of a very tough for time situation. people were able to buy their own homes. if the gi bill gave a lot of them veterans the chance to go to college and improve their economic prospects and opportunities. that is critical route. looking at america today, you really see a very divided country. divided politically and in terms of power and in terms of economics. you have 1% of the people in the decade of the 2000's during the growth spurt picking up two thirds of the gains. you saw back in the earlier time i was talking about, the postwar era, as productivity rose over 30 years close to 100%, the average wage of the

electricity generated will cost three times more than generated by natural gas. and the enbridge narn state service project. and rosario is jumping? and here she is weighing in. >> issues are american for especially latinos who are really hard hit and disproportionately by the economic crisis, the the job crisis, by the housing crisis and that's what they're looking for, someone who is going to have that solution for them. >> alisyn: dawson the co-founder of the votto latino. she says she won't campaign for president obama or romney because her organization is nonpartisan. >> she went to both conventions in 2008 and she says she likes to see how it all unfolds together. let's he check with rick reichmuth ahead of the mother's day. >> rick: a the lot of people have a great day today and tomorrow as well and areas across the southeast and we're going to continue to deal with that tomorrow. so, a few problems, and light showers around the great lakes and plains done by tomorrow and northeast and mid atlantic todayen tomorrow, both looking very, very nice and this is the storm causing the problems, a slow mover. if you've got the rain it will stick with you for a while and slowly drift