klaus kleinfeld, chairman and c.e.o. of alcoa. >> tom: there's a new budget battle facing lawmakers in washington. it comes on the heels of friday's last-minute deal to avert a government shutdown. that battle was settled with $38 billion in spending cuts. but this new fight has much higher stakes. darren gersh takes a look. >> reporter: in washington they call it the grand bargain-- a big deal to tackle federal deficits, a deal so large everything is on the table: taxes, defense-- even entitlement programs like medicare. washington analyst andy laperriere says investors are underestimating the odds of a major turning point in federal spending. >> i think what we are going to see over the next couple of years is policy changes that would be unthinkable today to a lot of people and were certainly unthinkable a couple of years ago. >> reporter: that means bigger tax increases and deeper spending cuts than most investors now expect. laperriere says it may not happen this year, but it's coming. >> i still think we need an in

it's going stay warm through the weekend a mix of klaus wrote the weekend for saturday and sunday.atures will start to cool down but the state about average for this time of year. >>pam: was the last time you did a routine maintenance on your computer? stephanie explains why make might be a good idea. >>reporter: as half of all computers are infected with militias programs, a new survey shows most people think their computers are clean. a survey by staples found 83 percent of those asked are confident the computer isn't affected by now where. the researchers believe believe most vulnerable are already infected. nearly all of the respondents use their computer every day, less than half back up their files of these once a week. it a step experts say is critical in case your computer crashes. most people are comfortable with performing remains but the fact is they just don't do it often enough for don't have up-to-date protection programs. for those who say they're not comfortable running the romanians, 56 percent said they'd rather wait in line at the dmv or sit in bumper-to-bumper t

>> voklova klaus. >> please join us tomorrow.

klaus kleinfeld joins us with the results. later in the week, we'll also see earnings from big banks including j.p. morgan chase and bank of america. as april 18 draws near our tax expert kevin mccormally is back. monday, if you're running way behind, tips on filing your 2007 return before it's too late. >> susie: johnson and johnson will pay $70 million to settle civil and criminal charges that it paid bribes and kickbacks to win overseas business. it's the first major settlement since the obama administration started cracking down on the pharmaceutical industry over a year ago. j&j was accused of paying doctors in several european countries and officials in the iraqi government. the company did not admit or deny guilt. >> tom: starting next week, toyota will begin cutting production at its north american plants adjusting for supply disruptions from japan. the automaker hopes reducing its work week will prevent it from running out of parts. toyota will produce 35,000 fewer vehicles in north america from mid-march to the end o

i'm here with doug klaus, master printer, and we're at bowne and company stationers. hi, doug!erika! >> how are you? >> good, how are you? >> good. can you tell us a little bit about the history of the printing press? >> sure. the printing press was developed in the 15th century around the 1450s by gutenberg in germany. the printing press had an enormous effect on our culture, on human culture, because it allowed knowledge and culture to be spread really quickly to a lot of people. so soon after the press was invented in the 1450s, it spread throughout europe in 20-25 years. >> today, you know, we're all used to just hitting a button and getting whatever you want, and whatever type face you want immediately. this was a lot more trouble, a lot more work. type was all in little pieces, much like these. individual pieces of metal or wood, and you had to put them together upside down and backwards -- so it was a lot of work, and took a lot more people than it, than printing takes now. >> so can you give us a little demonstration on how it works? >> sure. in the press right now, i'v

or the pen the sparked an international incident at a recent meeting between czech president vaclav klaus and chilean leader sebastian pinera cameras caught the czech president red handed stealing a fancy pen and their informal meet and greet take a look at the scene from the ticket so you can see them. going to be that's. what. you'll see.

video theft has since gone viral causing a lot of embarrassment for that world's world leader but klaus is no stranger to embarrassment on a more serious note he has previously appeared of the glenn beck show as a climate change denier but i'm getting the better of the doubt here and the pen factor was just part of his diplomatic strategy after all that and is. coming out america's growing obesity problems may actually stem from the appropriation of agricultural subsidies details on where your money goes. let's not forget that we had an apartheid regime right here in the. i think. the the one well. we never got the shows there for keeping safe get ready because of the freedoms. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else and you hear or see some of the part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture. on the back of the big picture i'm tom hartman coming up in this half hour mother nature will soon have legal rights in one part of latin america to get up a si

the czech president vaclav klaus has become an internet sensation after being busted, pocketing a penmeeting with the chilean president. check it out. [ speaking a foreign language ] [ speaking a foreign language ] >> all right, so we do want to come to his defense of vaclav klaus, that's right. i'm watching it. he said that the spokesman for the chilean president says actually that president's guests are encouraged -- you can have that. that's a bic. it's like 99 cents. if it was a montblanc -- >> i'm taking it, i'm taking it! >> where is rob's pen. anyway she says that they can take the pens. it's no big deal. >>> coming up if you want your kids enrolling in a marijuana state university, we've got the scoop. [ female announcer ] sometimes you need tomorrow to finish what you started today. for the aches and sleeplessness in between, there's motrin pm. no other medicine, not even advil pm, is more effective for pain and sleeplessness. motrin pm. >> announcer: "world news now" delivers your morning papers. >>> all right, welcome back, everybody. a little story here from the "portland

alger hiss was convicted of perjury, klaus contest and julia rosenberg were arrested on espionage ascharges. by 1953 after three years of unrelenting media coverage, the rosenbergs got the chair. all of this seemed to comfort to people in the government that there were spies on every nook and corner in washington. as the journalist richard up once observed senator joseph mccarthy was a political speculator who found his oil gusher in communism. he kicked off his anti-communist crusade in 1950 with a speech in west virginia in which he claimed to have had in his hand a list of 205 known communists currently employed in the state department. julianna and paul were on the road to their new post when the book burning and finger-pointing began. .org by everyone from daschle senate to their close friend the journalist teddy white who covered china from the "time" magazine were banned from the shelves of the uss libraries in europe. paul had to take the books off and see that they were destroyed. rumors about where mccarthy's tactics might lead spread like wildfire. julianna and paul watche

. >> vaclav klaus think no one notices. i'm not doing anything.en box. >> oh. >> now, you see it. now, you don't. >> now, we're seeing those arrows there because this was all played on czech tv. and they're having so much fun with it over there. this president is getting ridiculed. they started a facebook campaign. he's got sent 5,000 pens. that's exactly right. it's all over the country. i think he's going to survive it. >> his countrymen are having fun with him on this one. there is a question, world leaders get to keep pens. >> he didn't have to hide it. he could have taken the box like this. >> but it's the fact that -- no. you don't get the pen, lee. are you going to be on your best behavior at the white house today? >> not stealing any pens. might steal the m&ms, though, with the presidential seal. >> do it as slyly as he did. under the table, hand-to-hand. >>> coming up, can you get a shot of some of our crew members here? you'll know who is here. it's courteney cox talking about the new movie, "scream." >> subtle. very subtle. >> and racha

klaus? >> [inaudible] >> the opportunity to visit with you today about the regulation of hydraulic fracturing as the decades of experience in this regard and mike richter of testimony be submitted in the record. first given responsibility for the regulation in oklahoma at 1914 currently the commission has exclusive state jurisdiction over all oil and gas industry at tolino, including oversight and was that of rules aimed at pollution prevention and protecting the state's precious water supplies. presently there are over 185,000 wells in oklahoma and thousands of miles of gathering transmission pipelines. the recent years, the shale in oklahoma has become an important source of natural gas for the nation. the development of oklahoma shale like others in the united states has been made possible by a horizontal drilling and hydraulic fracturing technologies. hydraulic fracturing as the senator inhofe said has been used in oklahoma for over 60 years and more than 100,000 wells have been hydrauli

. >> klaus ziegler of german television. one of the key elements to create more jobs seems to be doubling export. how successful have you been in the last year? if you look at the exchange rate of the dollar now, is this the right way to double exports? how successful have you been in the last year? >> u.s. export growth has actually been very rapid and pretty encouraging. when you think about the u.s. economy and you look past the trauma caused by this crisis and all the damage caused by the crisis in the united states and look at what is happening in the economy as a whole, it is pretty encouraging. you have seen strong growth in you have seen strong growth in

. >> klaus ziegler of german television. one of the key elements to create more jobs seems to be doubling export. if you look at the exchange rate of the dollar now, is this the right way to double exports? how successful have you been in the last year? >> u.s. export growth has actually been very rapid and pretty encouraging. when you think about the u.s. economy and you look past the trauma caused by this crisis and all the damage caused by the crisis in the united states and look at what is happening in the economy as a whole, it is pretty encouraging. you see very strong growth in productivity through the crisis. you have pretty rapid sustained private investment growth now. which is good. and you see strength across the american economy. it is the best time in agriculture in a generation in the united states. if you look at high-tech, across much of manufacturing, it is a very encouraging. we, like germany, in many ways, are uniquely positioned to benefit from the fact that to have this most rapidly growing in most part

klaus? >> [inaudible] >> the opportunity to visit with you today about the regulation of hydraulic fracturing as the decades of experience in this regard and mike richter of testimony be submitted in the record. first given responsibility for the regulation in oklahoma at 1914 currently the commission has exclusive state jurisdiction over all oil and gas industry at tolino, including oversight and was that of rules aimed at pollution prevention and protecting the state's precious water supplies. presently there are over 185,000 wells in oklahoma and thousands of miles of gathering transmission pipelines. the recent years, the shale in oklahoma has become an important source of natural gas for the nation. the development of oklahoma shale like others in the united states has been made possible by a horizontal drilling and hydraulic fracturing technologies. hydraulic fracturing as the senator inhofe said has been used in oklahoma for over 60 years and more than 100,000 wells have been hydrauli

klaus? >> [inaudible] >> the opportunity to visit with you today about the regulation of hydraulic fracturing as the decades of experiencin this regard and mike richter of testimony be submitted in the record. first given responsibility for the regulation in oklahoma at 1914 currently the commission has exclusive state jurisdiction over all oil and gas iustry at tolino, including oversight and was that of rules aimed at pollution prevention and protecting the state's precious water supplies. presently there are over 15,000 wells in oklahoma and thousands of miles of gathering transmission pipelines. the recent years, the shale in oklahoma has become an important source of natural gas for the nation. the development of oklahoma shale like others inthe united states has been made possible by a horizontal drilling and hydraulic fracturing technologies. hydraulic fracturing as the senator inhofe said has been used in oklahoma for over 60 years and more than 100,000 wells have been hydraulically