i'm paul gigot. with the new year comes a new set of challenges for president obama and his party, not least of which are the mid-term elections. will the president's job approval below 50% and potential healthcare backlash brewing, can republicans make big electoral gains this november. joining the panel, "wall street journal" columnist dapty especiallity dan henninger. and dorothy robinowits and jason riley. mary anestasio o'grady and steve moore. steve, starting with you, the president's approval rating has fallen faster and further than any recent modern president. how much trouble are democrats in? >> well, they're certainly lucky that the mid-term elections aren't tomorrow. right now, they are looking in really deep, deep water. a lot can change in the last year. but i do think there are amazing parallels between the situation the democrats are in today versus they were remember, paul, back in 1993. after bill clinton's first year in office. and anybody with a "d" next to their name lost electi

welcome to the journal, editorial report, i'm paul gigot. well, with the new year comes a new set of challenges for president obama and his party. not the least of which are the 2010 mid term elections, with the president's job approval below 50% and a potential health care backlash brewing, can republicans make some big electoral gains this november. joining the panel this week, wall street journal columnist and deputy editor dan henninger, editorial board members, dorothy, and jason riley and column mary anastasia o'grady and senior economics writer steve moore. steve, starting with you, the president's approval rating has fall faster and farther than modern president. how much trouble are the democrats in? >> they're certainly lucky the mid term elections aren't tomorrow. right now they're looking in really deep, deep water. a lot can change in the last year but i do think there are amazing parallels between the situation the democrats are in today versus they were, remember, paul, back in 1993 after bill clinton's first year in office an

a little bit with paul volcker in my -- i met with paul volcker in my office recently and talked to him some length about this. paul volcker is dead right and so is the president. this is going to provoke an unbelievable battle here. i understand that. there's a lot at stake. the big interest, they want to keep doing what they're doing and the big investment banks at the moment, you take a look at their balance sheet, they're not by and large loaning money to the interest in this country that desperately need. it they are trading on proprietary accounts and making a lot of money trading. the fact is they're still too big to fail and are, that is called no fault capitalism. it our risk, not theirs. none of them would be around if the federal government had not stepped in to provide a safety net. they're telling us that, well, these changes that the president and other suggest, they are radical changes. no, they're not. they're changes that go back to future in many ways. they're changes that go back to a period of, 1999, before a piece of legislation called -- a piece of legislation that

so paul and i tried to pull together this anthology.ecided to let herman kahn himself speak in a bridge segments focusing on the key and consequential segments of his work. this was a her klean task. obviously by bridging a author you lose a great deal but we felt in this case it was worth it to try to separate the essential from the accidental and the contextual. and the volume really does attempt to reconstruct the logic of the system in order to revitalize the legacy of this great man. now, there are clear foukal points -- focusal points and the necessity of broad and future oriented studies the tension between the academic approach and the decision-makers approach. and the morality and feasibility of global economic development. and these themes i think are as relevant today and you remember in some cases even more so than they were in kahn's lifetime. the book is not heavy on explicit interpretation. we let kahn speak for himself. and so as part of what i'm calling here herman kahn 101, i'll present a broad outline of the book with

paul hewitt says the way you shoot, go ahead and light it up.have been diminishing the last couple of weeks but that was a pretty good look at the basket right there. >> bob: two freshmen in this georgia tech starting lineup, favors. and you look at their contributions on the overall this season. >> larry: well, not only these two guys. you can see their numbers right there, but they're also getting a lot of help from glen rice and brian oliver. that since they have gotten into conference play, they have really picked it up too. >> bob: i think paul hewitt might have had right behind kentucky the best class of anybody this year. >> bob: deacons have fallen off to 34% shooting after that six of seven start. aminu, tony woods. >> larry: that's a hard pass to make in such a short distance. >> bob: woods travels. that is the fifth wake forest turnover. larry pointed out their ratio earlier. their numbers, wake forest averages 15 1/2 turnovers a game, georgia tech 16.2. tonight a little bit of a different story. both teams taking very good care of th

newshour economics correspondent paul solman has our report. it's part of his ongoing reporting series, "making sense of financial news." >> it's a little guy that went in a store, and more carousel horses... >> reporter: c.e.o. steve guy of entertainment design group in atlanta, where the economy still looks as scary as some of the props they manufacture. >> that's a mannequin we put there. we have laid off so many people that it's a little lonely around here. >> reporter: so, how many people did you have here at the peak? >> about 75 full-time and about 300 part-time. >> reporter: really? and what are you down to, at the moment? >> right now, were down to 42 full-time and around 100 seasonal. >> reporter: guy's company sells everything from shopping mall holiday displays to theme park attractions. it produces atlanta's annual tree lighting ceremony, and the dropping of the sweet georgia icon that marks the local new year's celebration. and yet, the hiring situation is, if you'll excuse the expression, not so much peachy as in the pits. >> big

. >> paul: welcome to the wallstreetjournal.cjourna "the journal editorial report." i'm paul gigot. with the new year comes a new set of challenges for president obama and his party, not least of which are

and paul pillar served in variety of intelligencanalysis anmanagement positions. mr. allen, i will start with you. after 9/11 thereas a lot of reorganization inhe intelligence community has it worked? what do we now kno >> ihink it's worked very well overall. obviously ere's still more work to beone based on this event that curred on christs day. but the intelligence reform and terrorism prevention a saide should establish a national counterterrorism center and all intelligee agencies shod ensure that the formation flows freely and fully. and that informaon is shared even the sensitive with t national counrterrorism center. and we do th on a regular basis. it is t perfect. lot of cables flow in every day from all over e world. they flow fromany sources, military, intelligence, la enrcement, and all that data has to be lked at. assessednd determined, does this really posa direct threat the interests of t united statesat home or abroad. this ia very large probm. weeed to streamline this further. i worked in the prious administration to worknder the homela security counc

>> paul. >> the strictly ballroom dancer guy. if you go to his website he has tight pants and looks better than i do. >> that's not true. i have gone to both. >> what side is that? -- what site is that? >> show us your breast implants, andy. >> in my office only. >> nicole, is it true you just won a really cool raffle? >> i have to go home and check the voice male. anybody who knows me knows i win a lot of raffles. every time i play i win. this one was for the souper bowl, two tickets, hotel, air fare. if i won, you guys can all put in a card. >> do you have to go to a time share meeting? >> there's always a catch. >> you don't foe officially if you won? >> i'm serious, i think i won. i really think i won. i'll see you there. >> keep us posted. >>> bill, anything you want to plug? >> no, but i just won the super bowl raffle for the super bowl tickets. i'm probably busy, so i will just toss them. >> i can go. >> no, i will gu toss them. you should take paul mccurio. >> i love ozzy. >> i plugged you on the website and so many peopl

we'll square off ron paul and robert reich take on each other next on "larry king live." good evening. residents of port-au-prince waited in lines for hours today to get their first relief supplies. bags of rice and beans. food and supplies are slowly making their way to the people who need them so desperately. to find out where things stand, anderson cooper stands by as he has ever since this started two weeks ago tonight. he is, of course, in port-au-prince. i saw a film from the bbc anderson in which they brought in supplies and took them back. what's going on? >> well, we're seeing a lot of food distribution at this point. they're handing out food in a lot of different areas. i saw a food hantdout by action against hunger, water distribution is a key issue right now. sometimes if there are unruly crowds or things get beyond the control, they will might have away. for the most part things are very orderly he. we haven't seen, you know, any kind of large scale problems. i spent today looking into the issue of all the new orphans created in the wake of catastrophe. there

where were they last seen, paul?> a majority of them were on the second floor in the hotel rooms, and brittany was the one on the third floor in her room. >> larry: did the hotel collapse? >> yes. >> larry: it did? >> yes, it did. >> larry: did people go in and try to find people? >> oh, yes. our first night we were all there for almost 24 hours. we watched -- there were several u.n. folks from ecuador and chile went in to try and get people out. the first day they were there we saw five people get out alive. >> larry: we have four students and two faculty members. where specifically is the hotel? paul? >> it's on the top -- it's on the top of the mountain. there was -- when we were out on the paid yoe, the ones here now, we were looking over the rest of haiti. everybody down below said when they heard it, they looked up, and you know, they said it looked like 9/11, and there was just smoke. >> larry: what is the name of the hotel? >> hotel montana. >> larry: yeah, i heard about that. the hotel montana. it was mentio

bull gravel tick paul. don't think anything this would have happened if paul volcker was still the chairman. he is a banker said he understood. you need a thief to catch a thief. he understand help banking works. and the 1930's we brought in eckels who ran a bank and ohio. it turned up to be one of the greatest fed chairman severs so we could find somebody like that by all means. [inaudible] possibly. i think he is a bit, i mean he is certainly one to consider. i have some reservations about his role as sec chairman but any way of a could find somebody like that i would agree, but as we say imperialistically that is not going to happen i think in with all the political health care we will be lucky if we get any financial regulation through early next year, so at this stage i am thinking well, it is a bit like health care. aidid this obama's regulations are nothing i am in favor of obama's regulations. >> the question on jobless recoveries and the globalization of showing of jobs. just a question of people o

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the arrest of paul merhige brings some closure to the family of the victims of that thanksgiving day massacre. >> while he was loose some of the family feared for their own lives thinking he might be seeking them out as well. now at least part of that nightmare is over thanks to a tip generated by "america's most wand." we'll have the latest including an interview with the parents of the youngest victim. >>> also as the president returns from his hawaiian vacation, he'll meet this week at the white house with his top security team to find out just how the would be christmas bomber got onto that northwest flight headed to detroit undetected. more on that just ahead. >>> plus the latest on the winter storm battering the northeast. >>> first, let's get back to that breaking news of the arrest of paul merhige, wanted for gunning down four family members at a thanksgiving dinner. authorities had been looking for him for more than a month and found him at a motel in the florida keys last night. nbc's michelle kaczynski is in florida with the very latest. good morning. >> reporter: good mor

we'll be joined by amanda carpenter and paul. don't go away. let's get chinese should we order panda blossom, panda moon... how about chinese at home with new wanchai ferry? you can make it in just 14 minutes mmmh, orange chicken. great. i didn't feel like going out anyway (announcer) wanchai ferry. restaurant quality chinese in your grocer's freezer my nose and right around here. (announcer) want to give afrin a try? yeah. it cleared up right away. i can breathe. (announcer) so where would you rate it? 99.9. (announcer) afrin. why suffer? some people like to pretend... a flood could never happen to them... and that their homeowners insurance... protects them. it doesn't. stop pretending. it can happen to you. protect your home with flood insurance. call the number on your screen... for your free brochure. >>> she's okay. she's going to live. >> we have a lack of water here, but thanks to the lord, we are here. >> i just lost it. who is helping these children? >> there's a dramatic need in haiti. this is a story that demonstrating that. >> what

he met with senate minority leader mitch mcconnell, massachusetts democrats john kerry and paul kirk, and republican senator john mccain. brown won in part on a promise to stop health care reform in its present form. he was asked today about working with democrats. >> am i open? i'm open to looking at every single bill on its merits and making a decision based on that and my first is going to look at is whether it's good for my state and then obviously if it's good for the country. >> reporter: but republican leaders-- invigorated by brown's election-- said democrats' health reform efforts are dead. house minority leader john boehner said congress should start over. >> listen, our goal is to stop this monstrosity. and we're working with our members so that we don't find ourselves in a position where they're able to pick off a few of our members and to get this bill passed. >> reporter: a white house spokesman said today president obama now agrees on the need to let the dust settle before trying to craft a health care bill that can pass, possibly with republican support. >> sreenivasan

ray suez is in port-au-prince, ere he talked with paul farmerthe u.n.'s deputy spial envoy, even as international donors mt in montreal to figure out h to help. >> ifill: d a fish story. tom arden reports on the battle against t invasive gianasian carp. >> they e biological terrists. and if theget in our great lake , and hit,mpact the ecology and econom two different canadian pvinces, itould cost billions. >> woodruf that's all ahead on tonight's "pbsewshour." mar funding r the pbs newshour is provided by: >> wt the world neednow is ergy. the energy to get the econom humming again. the energy to tackle cllenges like clite change. what if that energy ca from an energy company? every da chevron invests $62 million in pple, in ideas-- seeking, teachg, building. fueling growth around the rld move us all ahead. this is the power of human energy. chevron. pacific life. toyota. grt thornton. and the williaand flora hewlett foundation, woing to solve soci and environmental problems at home and around e world. and th the ongoing support of these institutions a fo

heaid we've been working on this-- you raisethe right qution about paul volcker, why didn't ty present this idea ba in june. >> woodruff: without rehasng the whole interview, he talk about the impetus the senate legiation. let me ask youbout one half of this, and that is ensung that no bank owns, invests inr has any sponsorship of a hge fund or pvate equity fund. what about that part othe proposal? >> that would,bviously, put the ins on the current fed chairman, and this adnistration with what they use in ordero try to get us out of the suation that we're in right now, ght. had thr rules been put in place a year ago, theyould not ve been able to try to push for so of the mergers that we did e on wall street to try to bring us o of this situation. so that's one real question at weave to put back to the administration. what will they do next time? anthe second major point is this-- iwe want the banks to nd-- and we all do-- if we wanthe economy to expand-- and we all do-- do you reallwant to start confining the banksnd their abily to make profits in order to generate more capit to lend o

georgia tech coach paul hewitt, imploring his team, we need one stop here. the yellowjackets win it. >>> for a full 30 minutes of highlights, including the latest on the muddled afc playoff picture, be sure to tune into "the final score" presented by burger king. that's following the clemson/duke game later tonight. until then, enjoy the second half.

ray suarez is in port-au-prince, where he talked with paul farmer, the u.n.'s deputy special envoy, even as international donors meet in montreal to figure out how to help. >> ifill: and a fish story. tom bearden reports on the battle against the invasive giant asian carp. >> they are biological terrorists. and if they get in our great lakes , and hit, impact the ecology and economy, two different canadian provinces, it could cost billions. >> woodruff: that's all ahead on tonight's "pbs newshour." major funding for the pbs newshour is provided by: >> what the world needs now is energy. the energy to get the economy humming again. the energy to tackle challenges like climate change. what if that energy came from an energy company? every day, chevron invests $62 million in people, in ideas-- seeking, teaching, building. fueling growth around the world to move us all ahead. this is the power of human energy. chevron. pacific life. toyota. grant thornton. and the william and flora hewlett foundation, working to solve social and environmental problems at home and

we'll square off ron paul and

>> i want to go back to what ron paul and tanya said. to say we need to take time to get a better understanding and this is a civil war. that is completely the rhetoric we can't hear right now, and i'll tell you why, larry. a man almost blew up 300 people on a airplane. they seem to know we're at war with us by declaring jihad. we don't acknowledge in our administration now and we have an opportunity to learn from the mistakes of the bush administration that he made. look, obama bungled the initial response. we know that. especially, you'd think he would have learned from george bush's visual on the golf course, but he didn't. the biggest mistake was trying this guy as not an enemy combat ant. that was a missed opportunity and now we're in negotiations with him, and he has an opportunity to not send these 40 yemeni men back to yemen. that would the best thing he could do to immediately stop the threat. we can't perpetually be on duty. we have to strike them before they can craft these attacks. >> larry: before i get a break, peter, what

what did you make of the president today, paul? >> i think first of all this whole thing proves bremer's first rule of counterterrorism intelligence, which is that it's always easier to find the needle when the haystack's been taken away. there's good news and bad news in what the president did today. first, the good news. he acknowledged clearly that we are at war with al qaeda and this was a terrorist attack. secondly, he took responsibility. the bad news is that the president never really conveyed a sense of urgency to the country or his team about this incident. this is two weeks after the incident and his counterterrorism adviser apparently told one of the senior counterterrorist analysts to take six days vacation the day after this incident. the second bad news piece is more serious. that is that the administration seems to be entrapped in its commitment to the failed counterterrorist policy of the 1990s which is to treat terrorists as criminals. and that, in fact, could be even more dangerous than some of these systemic prob

of course paul hewitt, you see their record of 14-6, 3-3 in the acc.g to me is they have won against ranked teams but are 0-3 against unranked teams within the conference. >> bob: ari stewart in for the deacs and smith back in as well after the time-out. touching that paint, losing the handle but recovered by aminu. shot clock at four. l.d. williams off the dribble. mcfarland -- smith with a foul. a foul on glen rice jr., it's his first. and that will be the third team good patience by wake forest. shoots over a wall this time. kept alive by stewart and l.d. williams follows it in. >> larry: williams with three baskets already and each one of them a little bit different. >> bob: no good by udofia. aminu can't handle it and it's out of bounds. 55, tony woods, coming in. georgia tech will change up as well. brian oliver coming in, number 11. he is coming off a career night in tallahassee last weekend as he went for six three-pointers against the seminoles. >> larry: six out of 13, 20 points. he has played well off of the bench. >> bob: and the jackets tr

. >> "book tv" welcomes british historian and former advisor to margaret thatcher paul johnson. his latest on winston churchill. join our three-hour conversation live from london. sunday february 7 at noon eastern on "book tv "he's "in depth" on c-span2. >> and howard baker, tom daschle and bob dole has a task force which will be led by pete domenici of new mexico and alice rivlin who served during the clinton administration. their announcement from yesterdas ines. we sw wt out ahoe i >> it is a pleasure to welcome you here today.

at the time, fed chairman paul volcker said this bailout would not set a precedence. but the markets know it set a precedent. we got a new freeze any financial industry, if not yet in the public lexicon, which was too big to fail. in the independent bankers association, which represented small banks, understood the implications of this. its presence at the time warned these big banks have the ultimate anti-competitive government subsidy. they are too big to fail, and regardless of how mismanaged they may become, the buck will stop with the taxpayer. so when the government wants more of something, it subsidizes it. if you want more corn, subsidized corn. if you want a financial crisis built up over decades based on banks and other financial companies borrowing for the purpose of reckless speculation, and subsidized banks and other financial companies borrowing for the purpose of reckless speculation. and that is exactly what the government did with this new policy. banks and later other financial institutions could borrow at rates that they could not have otherwise bor

andre will be joined by paul milkman. he teaches english in the new york city school system and has a ph.d. from rutgers university. andre is going to say a few words to give some context to the buck. paul will then time been a and andre will rejoin the conversation then all of you joined us hopefully. the floor is yours. >> thank you so much for having this location this is the perfect place to have the full microfilm and of course, the rest of the history that goes around it. so what we will talk about tonight is a mixture of things. we will talk about pictures as well as text. we will talk about the role of pm which, as you know, was a left-wing tabloid to be started in new york and last through the war years prepare lasted, the first day it came out is when the germans marched into paris 1940 and lasted to the top after the war then succeeded by another incarnations like a compass and the star before dying in the cold war. the importance of pm is that it was a microcosm of what the american left was thinking it during

volcker, i will take paul volcker back. i don't think a lot of this would've happened if bulger was still the fed chairman. you need -- he's a banker so he understood -- you need a feed to a sort of catch a thief sort of thing. in the 1930s we brought in ackles who ran a bank in ohio. and turn that one of the greatest fed chairman ever. so if you can find someone by that, by all means. [inaudible] >> possibly. i think he's a bit -- he's certainly want to consider. i have some reservations about his role as sec chairman. but anyway, if they could find somebody like that i would agree. but i should say realistically that's not going to happen i don't think. and with all the political impetus being on health care, i think we will be lucky if we get any sort of financial regulation through next year. so this stage i'm thinking, well, if obama's -- it's been like health care. if it's obama's legislation or nothing, i'm in favor of obama's legislation. >> the question of jobless recoveries, globalization off shoring of jobs here

get now to our political director, paul steinhauser. i always get your title and mark's -- mark preston's title all jumbled up. happy new year to you. good to see you. talk about health care reform. what's next? >> don, i guess could you say it was overshadowed big time by that national security and terrorism incident over the holidays but definitely not been forgotten. as you mentioned, congress coming back later in the month but house and senate negotiators definitely starting this week will start trying to work it out. the time line here, democratic leaders in congress would love to get a bill to the president for his signature before he gives that state of the union address at the end of this month or early in february, but that could be tough. and why? because these bills are very different. the house bill, the senate bill, big differences over the public option, over illegal immigration provisions, over anti-abortion pro-vicious over the price tag of the bill and over how you pay for the bill. so while the negotiators are going to

but pope john paul ii, pope john paul ii was hugely important in relation to his native poland.he went there in 1979. this was a pivotal moment in the rise of solidarity. it was absolutely no accident or coincidence. the pride, the sense that god was on their side. this was pretty crucial for the development of solidarity in 1981. however, no more than reagan's military power he was the pope's moral authority able to implement the imposition of martial law. so i would argue that gorbachev was more important for the transformations of 1989 than president reagan and pope john paul ii put together. it was the occupancy of the kremlin, not the occupants of the white house or the vatican had locked the doors to change. after three leaders in a row the polish leader chose the youngest leader. a lot of people took the view up to the mid-1980s and even beyond that the soviet system in particular was impervious to change from within. the kgb worked efficiently to eliminate the possibility of change from below. as for change from above, surely that was impossible. the idea that a reform w

based upon, the idea you will rob peter to pay paul and make sure there's enough paul help there to support you. but the notion that is a society's job is to spread around a fixed amount of wealth, to deny the inherent creative power of the individual. and it's basically to look at the world and purely materialistic terms. this is in the bible every one knows man is created in god's image. if man is created in god's image what it means is like god we are infinitely creative. there is no limit for what we can create, no limit to what we can do and that is the american idea that is always animated of economic and political system and that brings me to the big lie number three. the line number three particularly popular now is the one that says corporate executives are overpaid and corrupt and of course you will find a lot of people even conservatives who will say there are a lot of corporates tickets overpaid. by the need these tremendous bonuses? one of the things you find out when you research the bonuses in the financial and industry and banks and elsewhere is many of these bonuses actuall

let's turn now to cnn deputy political director, paul.et's just first begin with this terror threat that we have all been talking about and the fact, you know, we heard from president obama yesterday, really tough words, tough talk on terrorism. a lot of republicans saying he has been too soft. >> a message we heard from a number of republican for a week. the top story that consumed this town. and the nation. we heard it from vice president -- former vice president district cheney and former house speaker newt gingrich. current members of congress. they are say thing administration is not that strong. too weak. when it comes to fighting terrorism and say this president isn't admitting we are involved, country involved in the war on terror. take a listen to jim demint. he was on our own state of the union. >> i was concerned about before i heard him talk and i think i'm a little more alarmed because he seems to have a hard time saying that this is an act of terror, that ft. hood was an act of terror. that the christmas day bomber was an ac

what we will talk about tonight, paul will talk specifically about p.m. as a newspaper and i will talk about the general politics and we will mention the fact that the words were accompanied by these pictures and this is a collection not just of dr. seuss's drawings which are in the first hundred pages or so of the book but all the other cartoonists who worked for p.m. including some of the ones who became very famous in the new yorker and elsewhere. we have a whole range of people here including saul steinberg is 50 cartoons are for the first time published here since during the war. it is an interesting footnote but i will mention it. steinberg was walking for the 0 s s. donovan had the clever idea of drawing cartoons to be dropped over germany. and that appealed to the germans and became the name of the leading east german paper. but they continued it without his illustrations. these pictures are here for the first time in american printed form as well as cartoons by everyone from out harsh field to people who were known inal hars people who were known

they lost their only matchup here in john paul jones arena, so trying to snap that streak. alex montgomery as you can see there, one of the best all-time georgia tech when it comes to knocking down those three-point shots. a frustrating moment with the recovery from the knee injury. watching her she was in front of us lachina. she's wincing and trying to play through some pain. i can promise you there. >> lachina: she is wincing. she's going to need help defensively oterotation. >> jenn: when you need a bucket for virginia you go to monica wright, makes it look easy. she was one of the best in the acc and in the country. didn't get the steal that time

the final thing i would say and this is the point that paul made an i.t. made earlier i think is that all that said is we need to recognize their infinite number of targets, and in the number of in which those targeted could be exploited and we could never have 100% security. but again, i close by my continuing mantra which is made in that it's not an excuse for doing what we can do. and so, the grinning to redouble our efforts to address this because obviously it's one that is going to be exploited sooner rather than later. >> in our position at the aclu that the first task has to be the ability of this to improve security against the current threats. and it is very unclear whether this hottie scanner would have identified this bomb was hidden with the materials that was used, not to mention the body cavities. so it doesn't cost the first test. if ceramic knives become the method of choice, then maybe body scanners are more appropriate methodology. but there are other technologies including trace explosive detectors that are actually in use. you may have

paul farmer has seen it for years. >> dr.iti's got a lot to teach the rest of us about how to climb out of hell. and now, you know, they need it now more than ever. i'm not trying to, as i said, i'm not trying to romanticize anything about this resistance and not giving up that i see here in haiti is palpable even in a dreadful time like this. it's palpable to me. >> cbs moneywatch update:. >> and good evening, damage estimates for haiti's earthquake will surpass a billion dollars. owners of a hijacked greek tanker paid somali pirates nearly $7 million, a record ransom. and after five weeks as number one, "avatar" has bumped "star wars" as the third highest grossing movie of all time. i'm russ mitchell, cbs news. inhaled maintenance treatment for both forms of copd, which includes chronic bronchitis and emphysema. i take it every day. it keeps my airways open... to help me breathe better all day long. and it's not a steroid. announcer: spiriva does not replace fast-acting inhalers for sudden symptoms. stop taking spiriva and

i think paul, for example, head of the budget committee, has looked at the budget, and made a seriousd it. i can tell you what's in it. there are some ideas in there that we can agree with, but there are ideas we should have a healthy debate about because i don't agree with. the major drivers of our long-term economy is mead medicare, medicaid, and our health care spending. nothing comes close. the major driver of our@@@@@@cá d now, paul's approach, and i want to be careful not to simplify this, because i know you have got a lot of detail in your plan, but if i understand it correctly, would say, we're going to provide vouchers of some sort for current medicare recipients at the current level -- no? i understand. there is the grand depauring in, but just for future beneficiaries, right? that's why i said -- i want to make sure that i'm not being unfair to your proposal, but i want to point out that i've read it, and the basic idea would be that at some point, we hold medicare cost per recipient constant as a way of making sure that that doesn't go way out of whack, and i'm sure there

now paul krugman says we need more stimulus. the problem is never that the first crazy idea was a crazy idea. we have not done enough of a crazy idea. it is never lets reverse course and do something else. we do exactly what japan did all through the 90s and they continue to do and they just contracted their economy on an annualized rate. what you might hear for haiti or something but that is japan after following the advice of these geniuses who claim they didn't follow our advice. they did everything -- this is what they have to show for it. basically zero. in terms of fiscal stimulus, it diverts resources. where are the resources coming from? it takes them from the private sector. the sophisticates will come back with these resources are idle. they are not doing anything anyway so it is okay if we put them back in production. that would be the case perhaps if you could devise stimulus packages that would only make use of precisely the resources that are currently idle but they are not doing that. they're coming up with arbitr

is the idea that you will rob peter to pay paul and make sure there are enough paul's out there to support you. but the notion that that is society's job is to spread around a fixed amount of wealth is to deny the inherent creative power of the individual. and it's basically to look at the world in purely materialistic terms. says in the bible, everyone knows, that man is created in gods image. if man is great in gods image, like god we are infinitely created. there is no limit to what we can create. there is no limit to what we can do. that is the american idea. that brings me to big lie number three. big lie number three, particularly popular right now, is a big lie that says that corporate executives are overpaid and corrupt. of course, you will find a lot of people, even conservatives who will say, yeah, there are a lot of corporate executives, why do they need these tremendous bonuses? one of the things you find that when you actually research bonuses, and the financial industry, and banks that offer, is many of these bonuses actually function as commissions that it was structured thi

more of merle hazard satirical recession songon paul solman's "makg sense" page.te of the union address. you can watch a tavis smey special reportn secretary of state hillary inton, who has completed her fit year on the b. >> you see how tough the j is. oh, want to end where we can you imagine yourselfoing alfour years, and if asked, doing it f another four years? >> no, i really can't, mean, its just... >> no to what, all four or eight? >> the whole eightthat would be very challenging. >> senivasan: then, you can watch the president's speech li on your pbs station, or on our b site. we'll have analysis as well a place to pt your own comments and reaction vios. we also ha a conversation with nte chinni of patchwork nati onresident obama's popularity in different comnities across the united states. all that and moris on our web si, newshour.pbs.org. gwen? >> ill: and that's the "newshour" for tonight. i'm gwenfill. >> lehrer: and i'm jim lrer. we'll see yoon-line and here later tonighfor the presidens state of the union address. and again on the "newshour" tomorrow

peniel joseph profile thes several of the movements including paul robeson. he discusses his book with kevin merida, national editor of "the washington post." >> host: welcome to booktv's "after words." we're talking to tough university history professor peniel joseph who has a very compelling new book out, "dark days, bright nights: from black power to barack obama." welcome professor joseph. >> guest: thank you. >> host: tell me what that title means. that's a very intriguing title. >> guest: well, the title really talks about, refers to where black people have come from in this country really from the dark days ofve segregation and jim crow all the way to having the first african-american president. >> host: you, it was kind of a little ditty during the campaign that went viral, and you mention it early on in the book, and it goes rosa sat so martin could walk so that barack could run so that your children could fly. and that became kind can of a catch phrase toward the end, particularly among african-americans. you cite this and say that as motionally pow

paul?ls, metaphors, whether it's ma it's at that sism, they do more harm than good. al qaeda is a name. does more harm than good in making us understand that because there is this tendency to think of one unified organization. that's not the case. the shane piece this morning in the times is a corrective to that. on the domestic infans that occurred, i agree -- instance that occurred, i agree with clark, what we are seeing are individuals basically self-radicalized individuals who are the ones taking the initiative to seek out groups, to seek out training, to seek out help. that was true of the northern virginia five. it was true of hasan. so that puts the lie in my view to the concept that the main thing we are wore roying about here is a group that is the center of instigation and action that > seeking out, and drawing these people in. be they domestic actors here in the united states orç those overseas. the threat and even putting it in the singular, the threat is misleading. i'll do it

we keep in mind the words of the great warrior of life, pope john paul ii, who after leaving the church-- uphold the death penalty, said, if we stand for the life of the criminal, then it is unworthy of the human person to kill him if we can protect humanity with bloodless means. how much more the life of the innocent, who has done no harm, who cannot even cry out, and the poignant cry of a baby, let us think of that baby. let us pray for life and work always for life. my dear young people, god has brought you here. make this a life long crusade. heavenly father, bless all here. give us the wisdom and courage we need to stand always for your beautiful gift of human life. we ask all this through christ our lord. let us say a hail mary for life. hail mary, full of grace, the lord is with thee. blessed are thou among women and blessed is the fruit of thy womb, jesus. holy mary, mother of god, pray for us sinners now and at the hour of our death. amen. you bring great courage to us all. now let us march for life. >> thank you, dear bishop. a couple of announcements. kimberly and john beret