we're tang a short break now >>> goodvening, and thank you for watchi "the newshour with jim lehrer." i'm paul anthony wh patrice pascual in the weta udios where "the newshour" is produced. are taking arief intermissi during the newshour this eveng to invite you to become aontributor to weta. individual supports are the backbone of th organization. always haveeen. your suppo provides weta with the ability to produce pgrams like this one. plse consider making a financial contribution to ta, and lp keep the newshour in your daily program schedule. >> hello, lehrer. lesi viewers like u have found the newshourereneta. weork har bng gh anasis ofs even facing our countrynd ourorur sport of weta enables no continue to provide you w r thatpo. while there is rt lue in today's vastrray news sources, ere is eventful informatio

. >> susie: goodvening, everyone president obamgave ben bernanke vote of confidence today, ninating him to a second term as cirman of the fedel reserve. speang from martha's vineyard, where he is vacationg, the president praid bernanke for hi"calm and wisdom" and "bold action" in rescuinthe u.s. economy. bernke's current term at the fed ends in january. his nonation still needs to be confirmed by congress. but today, the fed chairn promised to coinue work to reste stability in the economy and the markets. >> we ve been bold or deliberates circumstances demanded but our objecti remains constant, restore a more sble financial and economic environment in whh opportunity can again flouri and in which americanshard work and cativity can receive their proper rewards >> susie: joininus now with moren bernanke, laurence meye former fed governor and now vice chaman, macroeconomic advisers and david jones, c.o. of d.m.j. advirs and author of "unlocking theecrets of the fe. test. good evening. >>arry, let me begin with you. you support the bnanke renomination. tell us why. >> yes, unquestionably.

. >> susie: goodvening, everyone u can cross inflation off yo worry list. a new reportoday from the labor departmenthows that producer prices, a msure of wholesale ination, fell almost 1% in july, ch better than excted. e so called core rate droppe unexpectedly by 1%. at least f now, the data is reassuring news for people concerned that inflaon could make a comeback. erika miller reports. >> reporter: salad greens e costing a lot ss green at the olesale lel. falling oduce prices are one reason producer prices fel sharply last mon. bueconomist steven whiting says most shoppers probly won't notice difference at the checkout. >> in food, 's very interestg, that the more your process it, the mo stable the prices are that you absorb food comdity prices in the margins. but thers a little bit of pass through, so we've en seeing me unusual if modest roll ba in final process food prices. >> reporter: one place where coumers may have seen a big difference was at thpump. wholesalgasoline prices fell more than 10% in july and briefly show up at the retailevel. falling

made possible in parby the followinfunders -- >>> goodvening, i'm martin savidge. >>> for weeks now, it's be topic number one ithe united states. the prident's ambitious plan to reform the health care system. there is probably no more controversial part othat plan an the so-called public option supporters say it will hel dre down prices by offering an alternative to privatensurance pls. bucritics say it's socialized medicine and they coend that, if it's included in the fina package, elderly aricans will get ss care toward the end of their lives. th's just what they claim haens under britain's national health care system rightow. well all of these comments have drawn the attention of lks in great brain including pril minister gordon brown, who this week joined a twitter caaign to defend alth care in his country. how theyee it there. that our "lead focus" tonight. >> i don't understandhis-- >> reporter: at town mall meings to discuss president obama's alth care plans people have had to be restrained as accusations fl that democrats nt to copy the nhs. described as a sociast mistake. i

. >>> goodvening. i'm martin savid. >>the quest for peace in the middle east has been gng on for gerations now, and it never seems to get much sier. we got that pression again today after anotr apparently inconclusive meeting in loon between israeli pre minister benjin netanyahu and u.s. middle east envoy george mitchell. the two men and the two naons they rresent have been searching for monthsow for a way to resve their differences over israeli settlents in the west bank. the u.s. has been puing hard for an israeli settlement freeze, d the palestians are refusing to reart peace talks untiisrael halts all constructi there. despite their failure to rea agreement again day, the two sides wi resume talks in washington nt week. both men tried to put e best ce on today's talks. >> we've made so headway in the past five months. my government hataken several sts both of word and deed towards peac and i ho that today and in the coming weeks, we can movthe process forward. >> the american comtment to american securitis firm and

captioning spoored by macneilehrer productions >> lehrer: goodvening. i'm m lehrer. on the newshouthis monday, the leastory is, today's deadly truck bombings in ir. then, we have the othenews of the day, includg a look at bordeissues, as president obama meets with his mexic and cadian counterparts in adalajara; some perspective he increasingly heated healt care reform bale involving seniors and medicare provisns; a paul soln conversation about e high cost of r discount culture; and other in our "blueprint americaseries: tonight a look at highway versus mass transit argument in a ma. major fding for the newshour with jim lehrer is provid by: ( hard ro guitar riff aying ) >> were intel, sponsors of tomrow. >> what the worl needs now is engy. the energy get the economy humminagain. the energy to tkle challenges like climate change. what if that ergy came from an ergy company? everyday, chevron insts $62 milli in people, in ias-- seekng, teaching, building. fueling growth around e world to move us all ahead. thisis the power of human energy. chevron. the national science

ptioning sponsored by macneil/lehrer productis >> woodruff: goodvening, i'm judwoodruff. on theewshour this wednesday, we devote the program tohe life and dth of massachusetts senator ted kennedy. president obama called him "the greate senator of our me." we'll get personalemembrances from those who knewim well: utah senator orrin hatch, geoia congressman john lewis, columnist tom olipha and father gerry creedo and an assessme of his legacy after almost half century in amican politics from newshour pabrod anicelletzfik,paick,eltzi plus heal policy analyst ron pollack. mar funding for thnewshour with jimehrer is provided by: >> what the world neednow is energy. th energy to get the economy humming again. the engy to tackle chaenges like clima change. what ishat energy came om an energy company? everyday, chevroinvests $62 million in people, in eas-- seeking, tching, building. fuelingrowth around the world to movus all ahead. this is theower of human engy. chevron. >> ty little thing, it's just... not big. ah... oy, i found it. ( cheers and applause ) okay. >> are intel, sp