panetta is in japan for the first time since taking that position in july. panetta spoke to u.s. soldiers and japanese self-defense force personnel on monday at the u.s. dakota air force base in tokyo. he said he wants to make clear that the pacific remains a priority for the united states. >> we will always maintain a strong presence in the pacific. and we will be a force for peace and prosperity. in the pacific region. >> during the question-and-answer session, a japanese sdf member asked whether the u.s. military will reduce its presence in the region to accommodate a reduction in the nation's defense spending. panetta said there will be no reduction in u.s. forces in asia and the pacific. panetta is to meet prime minister yoshihiko noda and defense minister, ichikawa separately on tuesday and discuss the delayed relocation of a u.s. military base in okinawa. a plan to move the marine corps futenma air station to nago city also in okinawa has been stalled due to strong opposition from local residents. secretary panetta came to japan after visiting indonesia. that country is be

panetta is in japan for the first time since taking his position in july. panetta spoke to u.s. soldiers and japanese self-force personnel on monday at the usair base in tokyo. he said he wants to make clear that the pacific remains a priority for the united states. >> we will always maintain a strong presence in the pacific. and we will be a force for peace and prosperity. in the pacific region. >> during a question-and-answer session, a japanese sdf member asked whether the u.s. military will reduce its presence in the region to accommodate a reduction in the nation's defense spending. panetta said there will be no reduction in u.s. forces in asia and the pacific. panetta is to meet prime minister noda and defense minister ichikawa separately on tuesday and discuss the relocation of a u.s. military air base in okinawa. a plan to move the marine corps futenma air station to nago city has been stalled due to strong opposition from local residents. >>> china's defense budget is the second largest in the world. the country is building up its military including its navy, and that's

secretary panetta says he thinks he can live with that. the chiefs have said they think they can live with that, but any further cuts would start into the bone, and that is excessive. the deal that we made when we voted for that debt-reduction bill is that we would cut no more out of defense, that the super-committee would find entitlement programs, other mandatory spending that would come up with the $1.20 trillion to $1.50 trillion. that is what i am expecting them to do. that is what i am encouraging them to do, to keep on track the plan that was already made. i have let people know that we should cut no further on defense. instead of everything on the table, defense has been half of the table so far. that is more than should be cut, especially when you're fighting a war. usually we wait until the war is over to start cutting back on defense, but we're still fighting in the war. >> you said you let people know that. have you let people know on the super-committee? do you have anyone in particular -- any one particular ear on that commit

panetta said there would be no reduction in u.s. forces in asia and the pacific. panetta is to meet the prime minister noda and defense minister separately tuesday and discuss delayed relocation of a u.s. military air basin okinawa. a plan to move the marine corps station to nago city has been stalled due to strong opposition from local residents. >>> china's defense budget is the second largest in the world. the country is building its military, including its navy, and that's causing concern and friction in the region. how is japan responding to this military force? we have a report. >> the marathon sales southern basis in yokosuka city, 40 kilometers south of tokyo. it is a base for submarines conducting civilian activities in waters around japan. sovereign activities are national secrets. even sales defense members have no knowledge unless they're engaged in the unit. we are allowed in a submarine on the condition we will not reveal details of its mission. torpedo firing exercise was under way in this training area. submarines have capacity to approach and atta

panetta, we'll be putting on our website.next travels to egypt and brussels where he has a nato meeting. >>> how do you measure success in china? it's not what you think. status in china doesn't only come on four wheels, how much does this dog cost? in one day, with significant improvement in 2 weeks. i found a moisturizer for life. [ female announcer ] only from aveeno. delivering mail, medicine and packages. yet they're closing thousands of offices, slashing service, and want to lay off over 100,000 workers. the postal service is recording financial losses, but not for reasons you might think. the problem ? a burden no other agency or company bears. a 2006 law that drains 5 billion a year from post-office revenue while the postal service is forced to overpay billions more into federal accounts. congress created this problem, and congress can fix it. two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a large part of that is oil sands. th

are let's take a little moment out tonight to focus on our new secretary of defense leon panetta see before he served as the head of the cia he was the director of the office of management and budget under the clinton administration leading a lot of people to believe that he would take his budget cutting skills over the pentagon when he got there the finally somebody would have the will and the wit to cut but now it's fast forward to today see panetta gave a very long a raw raw i love the army speech at their annual convention in d.c. this morning and one thought panetta was quoted as saying this nation needs an army that can deter any potential aggressor an expeditionary army able to deploy to distant battlefields and upon arrival decisively overwhelm any enemy land force as you can tell he didn't hesitate to preach about the army's ever important role in america even if we end our two official wars but his biggest talking point is his opposition to any defense cuts to which he said quite dramatically it will not happen on my watch which is kind of a shame because cuts to the d.o.d.

panetta says the u.s. is a pacific country and intends to maintain its presence as a military power in the region. he added the united states hopes to strengthen ties with japan as much as possible. >>> the bulk of american forces in japan have been stationed in okinawa prefecture since the end of world war ii. thousands of service men work at the futenma base. many local residents say they're tired of having them as neighbors. u.s. aircraft have been involved in accidents and some service men have committed crimes. >> reporter: in 2006, japan and the u.s. agreed to relocate the futenma base to a less populated area in okinawa prefecture. it is part of a broader realignment of u.s. forces to move some 8,000 troops to guam. but residents of okinawa are opposed to the move because relocating the base to another area in the prefecture does not lessen its burden. on the other hand, u.s. lawmakers are under pressure to trim defense spending. they could find the cost of transferring the marines to guam attemptin

. >>> united states defense secretary leon panetta said he had big plans for new year's eve thanks to a bet he made. a restaurant owner said if panetta got bin laden he would open the oldest bottle of wine in the restaurant. panetta and his friends will toast with that bottle of wine at $10,000 to $15,000. >>> officials say several others are missing in parts of central and northern italy after they were hit with torrential rain. schools are closed neurotuscany and trains are not running right now. >>> prince charles says he is related to dracula. his family's genealogy traces back to the man who inspired the bram stoker novel. the heir of the brittish throne made the connection during a show promoting romania's transylvania region. >>> a jury finds the convicted killer in a murder for hire place eligible for the death penalty. >>> it took about a year. but this morning a man is behind bars for murdering a church caretaker. >>> and it is a gruesome claim. questioning this morning is it true? the latest on robyn gardner, coming up on this friday, october 28th. good morning, maryland. i

defense minister, yasuo ichikawa, and defense secretary, leon panetta met tuesday in tokyo. each says the government is preparing to submit an environment impact report on the relocation to officials in okinawa with this year. the report is the final step in the environmental assessment for relocation of the u.s. marine corps futenma air station. the base is expected to be moved from a densely populated area to a location closer to the coast. >> this is a critical initiative in our effort to maintain a strong forward deployed presence in the pacific region. and it's also important to reducing the impact of our bases in okinawa. >> panetta says it's necessary to make progress on the relocation plan. the u.s. and japan signed an agreement in 2006. ichikawa says japan hopes to strengthen its alliance with the u.s. and it faces security issues related to north korea and china. panetta says the u.s. is a pacific country and it intends to military power in the region. maintain its presence in of military power in the region. the united states hopes to strengthen ties with japan as

barbara starr has details. >> brooke, leon panetta is traveling to israel, egypt. today in israel meeting with leaders and palestinian authority leaders, not that typical to hear a u.s. defense chief wade right into the middle east peace process, but leon panetta did it with very interesting words for israel. have a listen. >> it's pretty clear that at this dramatic time in the middle east when there have been so many changes that it is not a good situation for israel to become increasingly isolated. and that's what's happening, and i think for the security of that region it's really important that we do everything possible to try to help them reestablish relations with countries like turkey and with egypt. >> israel isolated. that's wh what the u.s. defense secretary says. we'll see if the israelis feel the same way after this series of meetings with panetta. and some very delicate diplomacy ahead. the u.s. is sticking to its position. it wants israel and the palestinians to talk peace. it wants them to negotiate through that quarterette, the u.s., russia, the u.n

panetta -- >> i'm going to speak to panetta about this.ing to want to give that money to charity. i know him. he's a very decent man. >>> could outlawing abortion make some forms of birth control illegal? even some fertility treatments? >>> plus, shocking revelations about a suicide pact, but some of his victims saber ney madoff is still counting people and now, they're speaking out. to your car. turn right on hill street. go north for 2 miles. ♪ this is onstar. i got a signal there's been a crash. do you need help? yes, please. i've got your gps location. i'm sending help. ♪ [ female announcer ] for a limited time, get an onstar fmv mirror for only $199 after $100 off. ♪ all right [ tires squeal ] an accident doesn't have to slow you down. with better car replacement, available only from liberty mutual insurance, if your car's totaled, we give you the money to buy a car that's one model-year newer with 15,000 fewer miles on it. there's no other auto insurance product like it. better car replacement, available only from liberty mutual. it'

curtail panetta, we of one of ourinest public servants -- in secretary panetta, we have one of the finest a team where both the chairman and vice-chairman will have the experience of leading combat operations in the years since 9/11. leon, marty, ash, sandy, men and women of this department both uniformed and civilian, we still of much to do, bring the rest of our troops home from iraq this year, two trends is the two afghan lead to their own security, from defeating al qaeda, tour most solid of obligations, taking care of our forces bridget to our most solemn of obligations. none of this will be easy. let me say this as clearly as i can. will be guided by the mission we ask of our troops and the capabilities they need to succeed. we will maintain our military superiority. we'llever wavered in defense of our country, our citizens, or our national security interests. the united states of america and our armed forces will remain the greatest force for freedom and security that the world has ever known. this is who we are, as americans. this is to we must always be, as we salute mike mullen

panetta says: "it was a bad year for terrorists." terrorists." the united states strikes again against al qaeda. and the man who was at the top of america's terrorist hit list since the death of osama bin laden -- is dead. hello i'm karen parks. parks. i'm jeff barnd. al-qaeda mouth--piece... an--war.../ al-wool-lock-key.../ died... in a missile strike... early today in yemen....//// áájenniferáá griffin... describes... how it happened -------------------------------- -------------------------------- -------------------------------- ----- it was the type of operation the c-i-a has honed to perfection in the tribal areas of pakistan, done in conjunction with military special operators -- the same configuration that carried out the bin laden raid, minus the ground troops. this time high in the skies over yemen -- two u-s military predator drones armed with hellfire missiles, struck a convoy forty miles from the saudi border -- killing four people the target -- anwar al awaki -- the american born cleric, propagandist and one of al qaeda's most notor

panetta's answer, you're on. he plans on opening up his 1870 chateau laffite rothschild on new year's eve. his wife said they will drop by for a sip if their schedule allows it. think they will be there. >> got to get there. >>> a film crew is creating astir on the peninsula. a film about a surfing legend is being shot on 25th avenue in san mateo. so last night one resident got his brush with fame when actor johnnie weston asked to use his bathroom. >> are you using it? >> i said hey you got to pay me? >> how? >> by taking a picture. >> all right. film studio not so pleased that the san mateo police blew its secret with the press release talking about an recent and traffic advisory for film production. residents then rushed to the scene. they are all trying to spot one guy, gerard butler, that hunky actor. but apparently not onset. >> is that the guy without the shirt on there a minute ago? >> i think so. he is the star of 300? he is quite hunky, i'd say. >> yeah. okay. >> might be hanging out there. >> 5. 26 now

. >> still ahead at 6:00, party like panetta. the secretary of defense will be ringing in the new year in style. >>> bernie madoff's wife reveals what the couple tried to do after his massive ponzi scheme went tumbling down. >> a legalo the to the state's new electoral map. back in a moment. tcash so excit? it's like extra cash you earn in an instant. earn 10, 20, or $30 jcpfastcash right at the register. then use it right now on anything you want, see, or love. we make style affordable. you make it yours. jcpenney. so i just started wearing this helmet instead... which, you know, it's... to me it makes sense. i mean, it can get awkward sure, when you're meeting new people but i just explain to them that i wear it because i dropped my insurance plan, and they're like wow, this is a smart guy. i mean they don't say that out loud, but... [ male announcer ] we know it can be tough out there. that's why we offer a wide range of plans for a wide range of budgets. blue shield. it's like extra cash you earn in an instant. earn 10, 20, o

here is panetta talking with erin burnett. >> this individual was clearly a terrorist.nd, yes, he was a citizen. but if you're a terrorist, you're a terrorist. and that means that we have the ability to go after those who would threaten to attack the united states and kill americans. there's no question. that the authority and the ability to go after a terrorist is there. >> you can see the rest of erin burnett's exclusive interview with tonight with her new show "out front" premieres at 7:00 p.m. eastern. >>> doctors from the er will testify about how they tried to save jack-o-lantern's life. -- michael jackson's life. but before the trial resumes, you'll hear what a paramedic said about jackson's last moments, next. >>> checking stories across cross country, a boy is in stable condition after a car wreck in philadelphia. here is the twist. he was driving. it's not clear he travelled before crashing. >>> a massachusetts church at the center of a controversy is sold, but parishioners want the vatican to block the deal. the congregation refused to go, and has been holdin

defense minister and the defense secretary leon panetta met tuesday in tokyo. ish could you a says the government is preparing to submit an environmental impact report on relocation to local officials in okinawa within this year. the report is the final step in the environmental assessment for the relocation of the u.s. marine corps air station. the base expected to be moved from a densely populated area to a location closer to the coast. >> this is a critical initiative in our effort to maintain a strong, forward deployed presence in the pacific region. and it's also important to reducing the impact of our bases in okinawa. >> panetta says it is necessary to make progress on the relocation plan. the u.s. and japan signed an agreement in 2006. itch could you a said japan hopes to strengthen alliance with the u.s., faces security issues related to north korea and china. the u.s. is a pacific country and intends to maintain its presence as a military power in the region. he added the united states hopes to strengthen ties with japan as much as possible. >>> the b

her first interview, an exclusive with cnn defense secretary, leon panetta. >>> hello, everyone. thank you for joining us. it is the top of the hour. i'm don lemon at the cnn world headquarters in atlanta. here's what's happening at this hour. we're going to begin with politics and a vote of confidence for the obama administration from an unlikely source. ever since former vice president dick cheney left office in 2009, he rarely had anything nice to say about the current white house. but on cnn's state of the union with candy crowley, cheney backed president obama's decision to kill radical cleric anwar al awlaki in yemen, yet the praise was not without qualifications. >> reporter: no weekend qualms about a u.s. drone strike into yem yemen. >> i think the president ought to have the authority to order that kind of strike, even when it involves an american citizen, there's clear evidence that he's part of al qaeda, planning, cooperating, and supporting attacks against the united states. >> reporter: okay by the former head of the cia. >> we are a nation at war. and have a right t

defense secretary, leon panetta and south korean defense minister, kim kwe gwan held talks on friday in seoul. kim said the two countries will complete a plan by the end of the year to respond more effectively to military provocation by north korea. u.s. and south korean forces will strengthen joint exerces in the yellow sea. north korea shelled an island in the area, yeongpeong island last november. the u.s. warned about the dangers of north korea's capability. >> together we will insure a strong, effective alliance deterrence posture, including the united states's nuclear umbrella, so that pyongyang never misjudges our will and capability to respond decisively to nuclear aggression. >> panetta said cyber attacks could become part of the warfare in the future. and is coordinating a response to such attacks by north korea and other parties. >>> hackers have hit japanese government and industrial targets in a series of cytacks. they may have stolen lawmakers' personal information and data from lower house computer servers. investigators from lower house task force say a lawmaker's pc

. >> on military cuts, defense secretary leon panetta and party ospose cuts and analysts say it would be painful. >> the army will be at numbers less than they were at 9/11. >> director told the committee whatever they decide to cut in defense or nondefense, the bigger threat is entitlement such as medicare. >> mandatory spending is growing share of the federal outlays and growing rapidly. without addressing that path, it would be difficult to put it on a pass. >> word leaked today for democratic senator max baucus that outlined $3 trillion in savings, half to come from the tax increases. another $400 billion from medicare. but another group ophidisms says no way. >> we are telling the super committee, hands off social security, medicare and medicaid. period. no intentions. >> a lot of free advice for the committee but not much else. and not much time to complete the work. >> bret: jim, thank you. congressman ron paul will be in the center seat in a few minutes. but first, why is the government considering loaning a russian company $730 million of your dollars? b d d0e(ll now and get

meanwhile, back in washington, defense secretary leon panetta warned congress yesterday of the impact of cuts to defense spending. saying the imposed cuts are already taking the military, quote, to the edge. >> we would be looking at having to increase the number of rifts within the military and in addition to that, there's no question that we would hallow out the force because it would require these drastic, deep across-the-board cuts that would affect training and equipment and everything else, it would be devastating in terms of our national defense. >> secretary panetta went on to say such cuts would force the pentagon to reduce its presence in troubled areas around the world including in africa. >>> today's headlines in the new york tabloids, "the new york post," wall street face-off. the new yo"new york daily news,s it a show joan as anonymous city officials it appears the corporate owners of the park where the occupy wall street protesters have gathered may be backing down from their demands to clean the parks this morning. the owners along with mayor bloomberg told demonstrato

the top republican says he believes in reducing waste at the pentagon but agrees with panetta drasticuts are not an option. >> if there is a failure on the super committee we'll be amongst the first on the floor to nullify that provision. >> the house armed services chairman says the 12 super committee lawmakers need to slash spending elsewhere. >> we have already cult defense more than most of us think we should have cut. we are not accepting any more cuts in defense. however they work it out is their problem. >> the u.s. military is stretched after fighting two wars in afghanistan and iraq in the past decade. senior defense officials argue military is in need of modernization to deal with the 21st century threats. leading liberals say it's time to cut. >> we shouldn't be. we can't be. it doesn't do any good. if you don't cut military, cut medicare. we're in a zero sum situation. >> panetta took this swipe at lawmakers. >> one of the great national security threat is dysfunctionalty of the congress. and the inability to confront the issues that we face now. >> tomorrow is the deadlin

secretary panetta previously served as c.i.a. director. he's been white house chief of staff uring during the clinton administration and member of congress from california. he will be introduced by another former member of congress, jane harman, now president of the wilson center. she's coming on stage. live coverage here on c-span. >> good afternoon. good afternoon, everyone. i'm jane harman, president and c.e.o. of the wilson center and we are delighted to welcome you to the second lee hamilton lecture. last week madeleine albright, fred and marlene malik, both of whom are here, and i were in prague to celebrate the statute of woodrow wilson that had been destroyed by the nazis in 1941. wilson is widely considered to have provided crucial support for czech independence in 1918 at the end of world war i. at the base of the new statue are his words, quote, the world must be made safe for democracy. almost a century later that admonition resonates. the confluence of dire economic and security challenges poses exponentially more dangerous th

our erin burnett spoke with panetta just before she left. she asked him about the u.s.ike that killed a terrorist who was also an american citizen. >> this individual was clearly a terrorist. and yes, he was a citizen. but if you're a terrorist, you're a terrorist. and that means that we have the ability to go after those who would threaten to attack the united states and kill americans. there's no question that the authority and the ability to go after a terrorist is there. >> watch the rest of erin's exclusive interview with leon panetta, when her new show, "out front" premieres tonight. >>> california's governor has signed a bill into law that stops local governments from banning male circumcision. a san francisco group opposed the practice and wanted the procedure cut citywide. it was on the city's november 8th ballot, but a judge ordered it removed, saying a state should not regulate such a practice. >>> after an inspection of the washington monument was called off friday, they'll try again today. friday's check was canceled because it was too windy. they're examin

today we sat down with the defense secretary, leon panetta, and he told us the americans will train local forces to fight terrorists, including al qaeda. you're sending 100 troops in, roughly, is that the beginning of many more? >> obviously we are all very careful about making sure that no mission like this expands beyond limits and that we keep a tight rein and for the moment this is more than adequate to meet the mission we're assigned. >> why now? >> the longer you delay, the longer you avoid trying to provide assistance there, the more dangerous these groups become and the greater the instability that develops there. >> pelley: did you have reason to believe that this part of central africa was becoming a haven for terrorism? >> there are elements there that either have ties to al qaeda or that represent the forces of terrorists among their own and that's what's dangerous. >> pelley: a lot of folks at home would be concerned after the experience of afghanistan and iraq to hear about more u.s. forces going into an area that you consider to be unstable. >> the american people should be

and leon panetta, my old friend, who use to have near scrutiny. this is what panetta had to say about the potential defense cuts. do we have that? >> it will take us to the edge. and if suddenly on top of that, we face additional cuts or if this sequester goes into effect and doubles the cuts, tell truly devastate our national defense. >> you know, i rd ran in panetta's first campaign and we ran against the defendants department. i'm sorry we didn't get that up quicker. the fact of the maitre is, this is the problem. you need a super committee because the congress and its various committees can never do anything but protect their own turf. it is showing itself when you look at the recommendations. the only way to get something done is with a super committee. otherwise, you are you mired in "protect my own turf." >> now one of the reports was that a lot of congressional leaders were advising the super committee to go slow and take their time. it was one -- i thought, the super committee sounded like a good idea at the time. and now everybody's real

my interview with leon panetta last week he told me his biggest worry was a lone wolf at home. >> ther job as director of the cia was the lone individual in this country who is here and suddenly becomes self-radicalized and suddenly goes out, as we saw with the ft. hood individual, he suddenly pulls a gun and starts killing people. >> seth jones is a counterterrorism expert who has worked for special u.s. operations now a senior political analyst with iran, juan zirate is director for combating terrorism with the bush administration. seth, let me start with you. why this now it seems again and again every case is home grown or naturalized. >> well, i think one of the things that's changed over the last several years is the ability of a range of terror groups overseas to get their messages out on to the internet, to use mediums like youtube, twitter, myspace, to help radicalize individuals where they don't always need to go overseas to conduct training but they can radicalize based on downloading lectures by individuals like anwar al awlaki over the internet. >> how can we combat it? b

and leon panetta, my old friend, who use to have near scrutiny.panetta had to say about the potential defense cuts. do we have that? >> it will take us to the edge. and if suddenly on top of that, we face additional cuts or if this sequester goes into effect and doubles the cuts, tell truly devastate our national defense. >> you know, i rd ran in panetta's first campaign and we ran against the defendants department. i'm sorry we didn't get that up quicker. the fact of the maitre is, this is the problem. you need a super committee because the congress and its various committees can never do anything but protect their own turf. it is showing itself when you look at the recommendations. the only way to get something done is with a super committee. otherwise, you are you mired in "protect my own turf." >> now one of the reports was that a lot of congressional leaders were advising the super committee to go slow and take their time. it was one -- i thought, the super committee sounded like a good idea at the time. and now everybody's realizing, wow, th

panetta made his comment after top iraqi leaders agreed a number of u.s. troops should remain in iraq, but said it was unnecessary to grant them immunity. >>> kansas city police say they're getting less cooperation from the family of a baby girl. the parents of the girl dispute that. she was last seen in her room late monday night. they say her mother failed a ledee tektor test and the father said he walked because he needed a break. >>> football fans are mourning the loss of al davis. the raiders won countless championships under his direction and three super bowls. he also served at a.l. west xhixer. he died at the age of 82. >>> new york mayor michael bloomberg sharply criticizing "occupy wall street." he said the protest over high unemployment and corporate greed could destroy jobs in lower manhattan. national correspondent susan candiotti in new york following this movement. saturdays have seen the most activity. what's going on? >> reporter: that's right. well, now there is additional activity by way of a second location, because now "occupy wall str

panetta, it's always good to share a table our lives and opportunity with you. general, thank you for your service. i have a series of questions come actually three. i will send them to in writing and save a little bit of time around here. in discussions about maintaining our industrial base which we like to call make it in america, there are numerous questions that have arisen about the outsourcing to other countries, key military equipment. for example, the fuel for the hellfire missiles made in china. raises a bit of a question. many of the components that deal with the targeting of our critical weapons are also made overseas in china and other places. this is a major concern, and i'll send you a more detailed question on it. the other point that i would just make is that from the far left to the far right, various think tanks have been thinking about what to do with the military. a very interesting matrix can be put together, was put together by mike military fellow. and it's very interesting where both come down from far left to the far right and in the mid

defense secretary leon panetta issued a new warning today about squeezing the pentagon budget.the military already faces $450 billion in cuts over the next ten years. panetta told a house hearing that forcing even deeper cuts could be devastating. >> there are going to be risks here. i'm not kidding you. when you cut the budget by $450 billion, when you make the choices we're going to have to make, there are going to be some risks that are going to be out there. those risks have to be acceptable but there are going to be risks. we need to know that. >> sreenivasan: panetta would not give details about the cuts already in the works. he said they are still under review. the parliament of slovakia reversed itself today and approved a plan to boost the eurozone's bailout fund. slovakia was the last of 17 nations using the euro currency to approve giving the fund more power. earlier this week, an initial vote in the slovakian parliament failed and briefly sent panic waves through world financial markets. the news from europe did little to cheer wall street. instead, stocks were most

. >> and this is what leon panetta, one of your successors as defense secretary had to say travelingissued this warning to iran about meddling in iraq. >> -- or iran or anybody else who has any other ideas, let me make clear that the united states maintains 40,000 troops in that region. let me make clear to them and to anybody else that america will maintain a presence in that part of the world. >> wes moore, you've been on the ground in iraq and seen the meddling from iran and the fact that muqtada al sadr a proxy for tehran was the opponent in the parliament that prevented the malle i cm maliki administration from permitting u.s. soldiers to stay. what about the factor of iran and what it can do? >> well i think one thing we've shown over the past months is exactly that. we don't necessarily need five and six or ten brigades to be able to impact how things are working, when you look at particularly how things happened with the arab spring, when you look at some of the targeted hits that have been made over the past six months. i think the united states and the coalition forces have

director leon panetta says al awlaki's actions outweighed any qualms about his american citizenship. here's panetta talking exclusively with cnn's newest anchor, host of "out front," erin burnett. >> this individual was clearly a terrorist, and yes, he was a citizen, but if you're a terrorist, you're a terrorist. and that means that we have the ability to go after those who would threaten to attack the united states and kill americans. there's no question that the authority and the ability to go after a terrorist is there. >> and you can see the rest of erin's exclusive interview with leon panetta monday night when her new show "out front" premieres at 7:00 p.m. eastern here on cnn. >>> the state department has issued a worldwide travel alert for americans living or traveling abroad. it warns that followers of the al qaeda figures killed on friday could stage revenge attacks. you can read the entire warning on the state department's website. >>> a former cia contractor who recently spent time in jail in pakistan has now been arrested in colorado. witnesses say raymond davis fought wi

a sip of rare wine leon panetta's reward for bin laden.e made a met over last new year's eve, saying he would uncork get this, a $10,000 bottle of wine if he caught bin laden. he took that bet five months later bin laden was dead and the restaurant owner plans to open up the rothschild at this year's party to honor leon panet panetta. >> jamie: obviously, that restaurant owner as going to be spending some money and americans actually are making a bit more money and they seem to be spending a lot more, too. maybe not from that bottle of wine though. and one possible reason is, you can't count on interest. five months ago 3.6% and now, it's around 0.23%, which haven't much. and so is all of this additional spending good or bad for the economy? the end, if you want to save what's the best way to do it. >> joining is michael, uni, private strategies, good to see you. >> thanks for having me. >> do you think we will he get back to the newlies, 3.6 sounds really good right now. >> it sure does and you know, on your introduction, that hit the nai