and they encounter north america. the first of the vikings to encounter north america is the son of erik the red. he's called leif eriksson. leif the son of erik. and it's leif eriksson who ventures west. and we know encounters north america. he probably went first to labrador, which is on the upper coast here. didn't find much in the way of timber there. that's a pretty desolate coast. and sew sailed further south until he would find -- he's looking for a reasonable place to live and resource his agriculture, et cetera. and he finds it. he finds it. on the north, the tip of newfoundland, the island of newfoundland, on the northwest corner in the little peninsula that juts up. there is a place called ans anse aux meadows. in the 1960s scandinavian archaeologists began to look in this area. now, it's interesting how they decided to do this. they looked at maps from the 14th and 15th century of this part of the world. primitive, to be sure. primitive to be sure. but these maps did show in gross outline something that lo

since you mention north america. it was in north america. >> first european leader blames us for their financial mess and now they are telling us to hike our taxes. carbing -- cashing in and americans get ready to hit the rod for the july 4th holiday congress shooting down and calls for a mileage tax. and the flip side is that we need it; that's next d. emily's just starting out... and on a budget. like a ramen noodle- every-night budget. she thought allstate car insurance was out of her reach. until she heard about the value plan. see how much you could save with allstate. are you in good hands? i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios ♪ ♪ [ male announcer ] we believe you're at your best when you can relax and be yourself. and at thousands of newly refreshed holiday inn hotels, you always can. holiday inn. stay you. and now stay rewarded with vacation

let's go to kyle in north america. kyle! what's going on? >> caller: big boo-yah from wilmington, north carolina. >> what's up? >> caller: bank of america is cutting executives and the u.s. trust unit and talking about selling parts of merrill-lynch. non-u.s. based account. >> right. >> caller: do you think this creates weakness in the company or is it an example of trimming the fat, cleaning up the balance sheet and indicating a better buy for the stock? >> here's the thing. i believe that bank of america is doing the right thing. cleaning up the balance sheet and doing better which is why i want you to own jpmorgan. they cleaned up the balance sheet, got a good yield. jamie dimon is humbled. he's been eating crow. where's my crow? did i call dimon a loser? when you lose money if it's in sports and you lose a lot of championships you're a loser. why is it any different? he's ready to be a winner. it's a new season for jpmorgan. now i'm -- buy, buy, buy. john in washington. >> caller: hi, jim. question on pg which i bought at 65.18. thinking

. >> when did the kind of realization of north america -- >> the colonization of north america doesn't begin until early in the 17th century. here you see the route that john cabot takes in 1497, but it won't be until jamestown and st. augustine is established. st. augustine, 1565, but we're a few generations away. a few generations away from permanent settlement on the north american. think for a moment what would the attraction be here. if you could come down here, they're finding these great kingdoms and enormous civilizations rich beyond measure. who wants to go up here? what's the attraction up here? at this point not a lot. not a lot. you don't really want to go to maine, do you? not in the wintertime. down here. so it will take a white, but yes, it comes later. this is first. this is first. and here we see an example of the spanish and portuguese explorations between 1400 and 1600. look at this. it's an incredible accomplishment. it is these navigators, the spanish and portuguese navigators. before the french, before the english. french and english come into this business late,

. >>> still ahead, north america no longer home to a very telling measure. the rise of asia. t means to america's not so rich. >>> and does it add up? a man discovers his daughter being sexual assaulted. he attacked the man and the man died. the father could be charged with murder. the grand jury's verdict, next. here's one story. i'm keith baraka and i'm a fire fighter. it's an honor to be a fire fighter. my job involves life or death situations and it's very physically demanding. if i'm sore, i have a headache, i'm not at my best. advil® is my go to. it's my number one pain reliever. advil® just works for me. [ male announcer ] make the switch. take action. take advil®. and if pain keeps you up, sleep better with advil pm®. ♪ i hear you... ♪ rocky mountain high ♪ rocky, rocky mountain high ♪ ♪ all my exes live in texas ♪ ♪ born on the bayou [ female announcer ] the perfect song for everywhere can be downloaded almost anywhere. ♪ i'm back, back in the new york groove ♪ [ male announcer ] the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. re

where the money is and so the question is he would get films to north america because i don't think europeans care that much about watching other european films well it's not slick with ice hockey everybody everywhere you go there you better than the n.h.l. didn't care because even sally is already i mean they want to be they want to what i want to be the atlanta braves and that's unfortunate and condemnable you know and i like your all over the world been lecturing a great deal in south america these people love us they go to films constantly why aren't russians trying to get their films into the south america is the interesting thing when the russians including me sometimes what's contemporary movies they say the soviet movies would bet give us back the old soviet and some people like my dad they think there was censorship in communist times they would do would let the directive do whatever you want and they were they watched what he did and the movies are better do you think this without you think peter long distances should sometimes do better things than when they absolutely fr

they -- the scenario was warming then sudden chilling of europe, north america, and asia. they found the southwest was drier and farming was hit hard. the south u.s. was drier. europe got a lot colder, the climate in northern areas was like siberia. people started moving south from scandinavia because it was too cold to live there. cop yields globally about 10% to 20%. there was massive famine in china because of the decreased crop yield. in this scenario. remember, this is for pentagon planning. they're giving them the best guess is that best educated guess as of a few years ago. u.s. has to secure borders because to keep out starving immigrants, the -- basically aggressive wars will be fought over resources. this would be the worst-case scenario. and the global economy suffers on the realm of, you know, 1930s depression. or worse. so basically the world becomes resource haves and have notes and that's what the world would become under that abrupt climate change scenario. now, is that going to happen? nobody knows. the science is not there to predict to whether the climat

eastern and pacific for our viewers in north america.alled "global lessons: the gps road map for making immigration work." in the special, we go around the world to learn lessons both positive and negative about how to deal with immigration, both legal and illegal. let's start with the hottest of them all, illegal immigration here in america. i was surprised by what one of america's best-known politicians told me. when you look at new york city's undocumented immigrants, illegal aliens, call them what you will, what lessons have you learned? >> well, undocumented have very low crime rate. why? because they're scared to death they're going to get arrested and deported. >> new york city mayor michael bloomberg has a unique perspective on the situation. as the chief executive of a city with an estimated half a million undocumented residents. >> undocumented are not unemployed. they take jobs. they may be in the cash economy off the books but they work. america is not a place to come, put your feet up and just take welfare. it's a very compe

. >>> still ahead, north america no longer home to a very telling measure. the rise of asia. and what it means to america's not so rich. >>> and does it add up, a man discovers his daughter being sexually assaulted. he attacked the man doing it, and the man died. the father can now be charged with murder. the grand jury's verdict next. [ male announcer ] this is genco services -- mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created a mobile asset solution to protect and track everything. so every piece of equipment knows where it is, how it's doing or where it goes next. ♪ this is the bell on the cat. [ male announcer ] it's a network of possibilities -- helping you do what you do... even better. ♪ [ slap! ] [ slap! slap! slap! slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium rich tums goes to work in seconds. nothing works faster. ♪ tum tum tum tum tums nothing works faster. playing sports is just my whole life. looking back if it wasn'

>> since you mention it, this crisis was originated in north america. >>neil: our companies are taking a hit from your mess and we are to blame? i don't think so. >>neil: fedex is saying europe's mess is hitting our bottom line but to hear the european commission describe it we are to blame. all this crisis did not only nature in europe, but this contribution was originated in north america. and many of our financial sectors were contaminateed by unorthodox practices from some sectors of the financial market. >>neil: what is it about this guy i feel like cursing in french. michele bachmann heard that and congresswoman, you may have had a more genteel reaction. >>guest: how interesting the head of the euro zone blaming the united states bank for europe's problem. that is reminiscent of our own president would has been blaming former president george bush for his problems then blaming the united states congress for his problems. and, then on june 1 in minneapolis fundraiser president obama was blaming europe for his problems and he reiterated that on june

north america is after the top of the list when it comes to growing waistlines.new study says north america accounts for 1/3 of the world's obese people even though only 6% of the world's population lives here. comparison, asia accounts for 61% of the population, but only has 13% of the world's obese people. this new study appears in the journal bmc public health. >>> move of us don't think much about our kitchen sink until we are thinking about remodeling. consumer reports testified several sinks. michael finney has the results. >> reporter: even something as mundane as a kitchen sink looks glamorous when it is on display. the choices are endless. stainless steel, styles like this before the counter basin to apro in front. show -- show room as side you need a sink that can handle daily wear and tear. testers put 18 sinks through tests, soaking cotton balls with foods like kool-aid, pasta sauce and coffee. they scrubbed with scouring pads. and they brought hard objects up to five pounds from different heights they check to see how well the sinks could handle a ho

since you mentioned north america, this crisis was originated in north america and many of our financialr were contaminated by, how can i put it, unorthodox practice from some sectors of financial market. frankly we are not come here to receive lessons in terms of democracy and in terms of how to handle the economy. jon: so it is our fault. we'll have much more on the story coming up with "wall street journal" senior economics writer steve moore. jenna: we'll look forward to that. one of our top stories today, firefighters battling against the raging wildfires in colorado. they say they're finally getting an edge over the flames, pushing their way through intense heat and tinder-dry conditions. coming up we'll talk with someone on the fire line with an update. jon: those are miserable, hard hot jobs. live update on deadly rip currents forming along the florida coast particularly severe right now. there is a warning every swimmer needs to hear. >> the ocean has been so rough. i've been out there swimming. a wave can take you under and hit on the head -- [ gnome ] enjoying your holiday? oo

the only thing not so bad, that north america foot locker is heavily north america, but they have meaningfulprobably 25% european exposure. that's not going to be so good. >> all right. >> look at runder armour. that stock is probably getting whacked as well. ua is probably down around 86 or so in the after mark. there are going to be opportunities. i think you have to wait on both nke and ua. >> at some point nike will get very interesting. but not tomorrow. i don't think you need to rush in tomorrow. >> right. you can catch more options action tomorrow and every friday. all right. yields on corporate bonds climbing higher as companies continue to improve their balance sheets and stabilize debt while the yields on treasuries are hovering near all-time lows. joining us with this second half playbook is jim keenan. jim, great to have you with us. >> thanks. >> you are invested in auto parts. i want to start off with that because we did get news from ford after the bell. saying there's weakness in europe and that international losses could triple in the third quarter. how does this impact your

now the number of millionaires in north america comes in at a close second at 3.35. >>> the fbi looking for suspects who made off with the two million dollar ruby shaped liberty bell. among the other pieces of jewelry that were stolen at a delaware store in november, this happened and authorities say on the first and the four suspects tied up the employees smashed the display cases at stewart kingston galleries. fbi offering a $10,000 reward for information in the robbery. >>> the board of public works considering a move to pave the way for a casino operator to buy the rocky golf resort it has to buy it as a condition of the license would be awarded to operate up to 1,000 slot machines. the items on the board's agenda for today's meeting. >>> time for sports for you. the in new york baltimore still in inner league play take on the mets last night. santana still in the zone from the june 1st disputed no hitter. struck out 5 and gave up 4 hits on the night. as the mets downed baltimore same score for monday 5-0. josh weaver lead the way going 2 for 3. game 3 tonight at 7:10 first pitch ag

. >>> still ahead, north america no longer home to a very telling measure. the rise of asia. d what it means to america's not so rich. >>> and does it add up? a man discovers his daughter being sexual assaulted. he attacked the man and the man died. the father could be charged with murder. the grand jury's verdict, next. tdd#: 1-800-345-2550 like a lot of things, the market has changed, tdd#: 1-800-345-2550 and your plans probably have too. tdd#: 1-800-345-2550 so those old investments might not sound so hot today. tdd#: 1-800-345-2550 at charles schwab, we'll give you personalized recommendations tdd#: 1-800-345-2550 on how to reinvest that old 401(k) tdd#: 1-800-345-2550 and help you handle all of the rollover details. tdd#: 1-800-345-2550 so talk to chuck tdd#: 1-800-345-2550 and bring your old 401(k) into the 21st century. tdd#: 1-800-345-2550 how did the nba become the hottest league on the planet? by building on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice sh

. >>> north america is at the top of the list when it comes to growing waistlines.international leaders at the g-20 summit are leaved greece's pro bailout party won seen as a decision greece will stay in the european union. tahman bradley has details. >> reporter: a huge sigh of relief around the world this morning that greek voters elected conservative new democracy party to address the country's financial mess there was fear greece might abandon euro and become the first country to quit the european union. >> i must vote for saving my country. i think that the idea of going outside the european union is a catastrophe. >> reporter: the vote doesn't mean an end to economic problems but maybe enough to stabilize the global economy and calm u.s. financial markets. >> significant result not only for new democracy in greece but the whole of europe and probably the western world. rationally won over anger. >> reporter: new democracy vows to work within the eu and live with unpopular austerity measures. world markets rallied after the vote asian stocks climbed afternoon u

. >> could you describe, to europe, north america, this was in north america. >> neil: what is the word for it, this guy saying it, calm down. now, to charles payne. charles payne. >> incredible. he wasn't the first one, two months ago the mexican guy was in the rose garden in america, with the war on drugs in america, and-- >> i did mine with a french cc

. >> [inaudible] since you mention north america, this crisis was in north america. >many of the fed into sectors were contaminated by a north the unorthodox practice from the g-20 countries. >> these countries represent two-thirds of the population, in theory, a powerful lobby. it shows when they gathered together it does not mean the team, but to its terse for the threats but face the world economy. over what has been happening in the summit. i want to look at something else. the international monetary fund was looking for more funding and negotiations at the summit in pretty much got what it wanted. >> it is the big imf war chest. this is all about the imf having enough funds to try to detain a further -- contain spreading the reserve crisis. the head of the imf has been on a bit of an offensive over the possible of months trying to encourage as many countries as possible to contribute. just as the imf has the funds for the global initial stability. i have to say, she was very impressed with how many contributed. 37 countries contributed. that is a very broad, glo

. >> could you describe, to europe, north america, this was in north america. >> neil: what is the word for it, this guy saying it, calm down. now, to charles payne. charles payne. >> incredible. he wasn't the first one, two months ago the mexican guy was in the rose garden in america, with the war on drugs in america, and-- >> i did mine with a french accent, but stay calm. >> this is amazing, all of these gutless, i don't understand it. listen, europe's problems are their own, they've been festering for decades and you know what it is, redistribution of wealth, stolen wealth from the the private industry and given it to the public sector and the rich, smart people left and now they have debt out of this world, can't control it and keep it going and want something like angela merkel to pony up some cash. it's not going to happen and it shouldn't happen. >> gerri. >> i agree with charles and i'm not quite as exercised. >> can you do this with an accent. >> oh, oh. >> about all i got. >> neil: that's fine. europe's high court, what they had to say. if you wonder whether europe can cut th

dominance close globally months back obama gave a speech he said america will increase its presence in middle east and the east asia north korea is the punching bag china is the target if china knows it just the way russia knows that being encircled with us bases in america's missile shield has nothing to do with the brand and everything to do with russia and america it was the established placing rights already has them by numerous countries in central asia japan of course and south korea china knows there's china believes that the south china sea. is what it is america wants to come in and usurp them but just imagine what if china or russia wanted its fully of america's east the west coast for the congress that would probably be an act of war. well to europe now and greece is gearing up for a parliamentary election in less than two weeks time which could mean athens scrapping its spread out deal with the e.u. and i.m.f. greece's future in the euro zone is also under intense scrutiny in an interview coming up later this hour american economist and nobel laureate eric meskin says an end to be used for national ways is st

columbus, 1492, we know today has found the route to north america, and that wasn't his goal. this guy achieves his goal. this is an explorer. he looks pretty ferocious. i don't think i'd want to sail under his command. in 1498, following that portuguese route down along the coast of africa, round the tip of cape of good hope into the indian ocean, he reaches india in 1498. he finds the water route to the east and begins the great development of the portuguese empire in the east. what about columbus? what's he done? well, we don't really know that for certain until 1519-20 when this fellow, portuguese, ferdinand sets sail sets sail, passes under latin america through the straits that bear his name today, straights of ma gel lan. sails through the straights of ma gel lan into the pacific ocean. it's a vast oceanic world. it is ma gel lan who crosses the pacific, rises in the philippines. in the philippines is an endounter with native people and ma gel lan is actually killed in the philippines chls but his crew and his ship continue their voyage and get home. it is magellan's vo

going to school or locally months obama gave a speech he said that america will increase its presence in the middle east in east asia north korea is the punching bag china is the target china knows it just the way russia knows that being encircled with u.s. bases in america's missile shield is nothing to do with the reality it is everything to do with russia and america it was the established basing rights already has them by numerous countries in central asia japan of course in south korea china knows there's believed to be so i'll try to see if it is what it is america wants to come here and you certainly are just a major what if china or russia wanted its fully of america's east the west coast for the congress there would probably be an air of war. but greece is gearing up for a parliamentary election in less than two weeks time which could mean nothing scrapping its bailout deal with even i.m.f. his future in the euro zone is also under intense scrutiny in an interview coming up next hour american economist and nobel laureate and mask and says an end to the e.u.'s financial woes is still nowhere in sight. greece could

new and new businesses the rest of north america should be looking to come back as an example of how to mobilize how student association should function through direct democracy and how they should actually organize and challenge these measures and challenge this whole system. to protest clearly signalled the path that is willing or rather not willing to take when we look towards the united states we see a country in which the idea of access is wrapped up in the ability to pay and this is what we're seeing the resistance against that access to things like higher education or like health care are in fact access to public goods and that there should be a way of controlling the costs and ensuring that people no matter what their monetary capabilities are able to take advantage of these kinds of programs. what the world knows about the protests here is that they have to do with students and there too we should but for people of the province it's not so much about the economy but more about their identity and the special welfare model that they are striving to keep i'm going to check our

to school locally months back obama gave a speech he said that america will increase its presence in the middle east in the east asia north korea is the punching bag china is the target china knows it just the way russia knows that being encircled with u.s. bases in america's missile shield has nothing to do with the brand it is everything to do with russia and america it was the established basing rights already has them by numerous countries in central asia japan of course and south korea china knows there's china believes that the south china sea. is what it is america wants to come in and use but just imagine what if china or russia wanted its flee of america's east the west coast for the congress it would probably be an act of war. but seven thirty g.m.t. people the bells debate so cross talk today focusing on the us is a global superpower a cultural influence secular to tell what's coming up. after a decade of wars and an ongoing global financial crisis particularly in the eurozone just how attractive is the west when it comes to soft power is the worst specifically the u.s. losing its ability to influence others th

war was to invade canada and that the british might be too distracted to be doing too much in north america so they don't have their finances organized to fight a war and that's part of the reason why the war goes so badly for so many years is that there's no professional army and no organized funding. basically, the war is going to debt and the national debt nearly triples over the course of the war. it goes from about 45 million to 127 million after. so how do they finance it? they finance it through debt. >> as we begin to wrap up here, how would you say that the war of 1812 shaped america's identity? i think part of what with the war of 1812 did that anyone who serves the nation can be a patriot and one of the earlier callers said if she was alive in 1812 she would have voted for the war. if you were alive in 1812 you wouldn't have had the right to vote, but women did have the right to be part of public opinion and that's part of what the war of 1812 did. it said women can serve the nation by bearing children for the nation, by adding to lives and families of freemen and men can serve t

. >> the war clearly determines that the united states will be the dominant power in north america and the british accept that they will have to retreat within a confined border along the great lakes. whereas before they had been projecting influence into the united states through native peoples. so also there is a mutual acceptance that it is better to co-exist rather than to engage in another war between the united states and british north america, what we now call canada and so something very positive does come out of the war in that sense. it's not another war between the british empire and the united states and there won't be another war waged in canada in which the united states is invading. >> we talked about the lack of commemoration here in the u.s. for the war of 1812. what about canada? >> in a very big way there. the canadian government is investing significant money in this and it goes to a sense of patriotism because they would like to have an american style patriotism, the current government of canada, one which celebrates military accomplishment and that's a new definit

five hundred dollars a year for all of the colleges and universities that's the lowest rate in north america and the taxpayers pick up the rest but that model might change as their government looks sounds they are looking at present borders and seeing what united states are doing and trying to become closer and closer to what the united states are working on which is more and more proof is a show that instead of reading your social programs that cover for everybody. tens of thousands spilled onto the streets when the government said they'd be pushing up to we should fees every year and in five years the students of care back will face education costs almost double what they are paying now. i mean even you know it is a student at a montreal university she works part time at a local ice cream shop she says if the people of keg don't stand their ground now in the future higher education just won't be an option for many if it's too expensive porch adenoma not even think about going to school because it's another world it's part of something that's accessible they're not even think about being a