the pearson foundation promotes learning and great teaching. i spoke with the ceo. what brings you to the summit? >> this is the second year we have attended. teaching, and the levers of good teaching are things we have focused on. we have work to try to document the practices that successful countries, strong performance, a successful reformers -- how they're doing well, why they're doing well. >> as you sit back and survey of all of these countries ahead successful education systems -- countries that have successful education systems, what is the common denominators? >> it is hard to identify the common denominator. they all do seem to care about the teachers and they know how to treat teachers. they do a great job of recruiting them and training them. one of the biggest things people have been talking about is that once you get a teacher into the system, how do you provide the training and support that they need to be able to come into a press and be able to succeed, and how do they -- class, and how do they grow over time? >> i have been told that if the ministe

may have been drew pearson. either litman or pearson. talking about his differences with full bright and the senate foreign relations committee. and what johnson explains in the letter is that he believed unlike many of the critics in the senate that the american interest ran equally strong towards asia as it did towards europe. in other words, the reason he was waging the vietnam war was to demonstrate america's commitment and interest to asia. it was that interest and commitment demonstrated by two presidents that opened china. there's no way in the world that china facing 45 rocket divisions deployed in manchuria by the soviets who are about muscle back in on a socialist commonwealth is going to take a chance on relations with a nation that does not value asia. so persisting. as difficult as though types war, he did bequeath a chance for the united states to achieve larger aims. and one of them was persuading the asian governments that the united states truly cared about that region and it's a building block to our relationship with c

so the argument of the hacker and pearson book laid out very clearly is that we've lost the ability to represent middle class interests in policy making because of the role of money in policy making. i leave that to you just as something to look at as the. >>. when i say he's one of our guys, in the new american foundation. laura was a member of the foundation. jacob is a professor at yale was very involved with the issue of the so-called public option in the health care debate and he's this kind of ken dilesque inspired progressive. but you know, when i listen to jacob and i'm often inspired listening to him, the world that he will describes and the kind of commitment to education, the commitment to pensions, the commitment to keeping health care, it's as if everyone wants to keep all of the social safety net and all of the pieces not only there but build them bigger in terms of redefining a next era social contract. but when you're looking at budgets and having to make hard choices -- i guess i'd like to ask you, and i'm going to call on richard to come up and ask a question. what wo

many thanks to hampton pearson for that report.now is california republican congressman darrell issa. he is the chairman of the government house oversight and reform committee. first of all, chairman issa, thank you on the day of your hearings, the opening hearings on this crazy gsa taxpayer rip-off. tell me what happens. your key witness, jeff nealy, organized the conference, takes the fifth, sir. what happens now? >> well, what happened for the rest of the hearing is really we lehnered a lot of what nealy had done but what we also lehnered, of course, is that nealy is still a federal employee and will take weeks or months to dismiss him. foley, many people saw giving the awards and making the jokes about delegate holmes norton is still there, still being paid. what we saw is an administrator who admitted her failures and told us that that was why she resigned. we met with the new administrator, acting administrator, and the first thing we did was said that this is somebody that's got to be confirmed wp can't have just an acting i

hampton pearson joins us with all that what is going on? what can you report?> well, how about the global economy, tensions in north korea, iran, syria, and the european debt crisis. all those things were already on the agenda. now the diplomatic fallout caused by the daring escape e i. he fought against force aid borgess and corruption inside china would open the administration up to attacks from both the left and the presumptive republican nominee mitt romney, who released a statement urging u.s. officials to take steps to protect chin and his family. now this afternoon during a joint news conference with yoshihiko noda, president obama sidestepped the question about reports mr. chen is under u.s. protection in china. >> obviously i'm aware of the press reports on the situation in china. but i'm not going to make a statement on the issue. >> and tonight secretary of state hillary clinton heads for beijing. >> we have a full range of issues that covers all of the political and economic matters that are of concern to our nations and our people. i'm not going to

cnbc's hampton pearson joins us now with the details. good evening, hampton. >> good evening, larry. the scorecard of the secret service prostitution scandal now includes a 12th member of the military, an army soldier who was part of the advance team from the white house communications office, that agency went ahead of president obama's visit to colombia to the summit of americas. the president today withdrawing security clearances of all military personnel who have been implemented. at the same time, the white house ruled out any misconduct by white house staff members. that was the conclusion of an internal investigation led by the white house legal counsel's office. >> the white house counsel's office has conducted a review of the white house advance team and in concluding that review came to the conclusion that there was no indication that any member of the white house advance team engaged in any improper or conduct or behavior. >> now the controversy moves to capitol hill on wednesday, but homeland security director janet napolitano

a plan ignited by a pearson foundation, which is also a supporter of this summit and this year's reportwe also show the daunting work ahead to reach national goals and pledge to provide an annual update every year through the class of 2020. i also want to take a moment to thank mary bruce of civic enterprises and joanna fox and mary mishard for the outstanding work on this year's report which represented more than a year's worth of work. [ applause ] as mrs. powell said, this year's theme is education and the economy. so our report begins there. with unemployment still high, a skills gap, a fiscal crisis and a sticky ladder of social mobility, the economy is the nation's top problem. education is one solution. secretary duncan, as mrs. powell mentioned, who will be with us shortly, said we need to educate our way to a better economy. but also the chairman of the federal reserve ben bernanke said in the long term the best way by far to improve economic opportunity and to reduce inequality is to increase the educational attainment and skills of america's workers. so our report begins with

early on during my tenure, back when the dinosaurs were roaming the earth here, he moved on and sam pearsone things were happening in the bureacracy and the white house had no idea. that's one of the problems. when you see the gsa, if you're in the white house right now you're thinking where else do we need to look and look fast? >> and since republicans run the house, you can be sure that they are going to start saying, okay, if this happened at the gsa, where else was mismanagement going on? and it does, to your point, speak to a competence question. people want a competent president of the united states. they don't want a person who seems to be a captive of washington because they don't like washington and the closer that the president is drawn to mismanagement in washington, the bigger problem it becomes for him. he's standing by the head of his secret service. right now and so he has put himself out on a limb there. he's been very angry about the gsa. the question is, is the government going to differentiate. >> you both make good points that they are expressing outrage. it's whether o

. >> cbs, news corp., and pearson pic. let's get the fast growing e-book business.on fortt. >> i've been publishing this all day. on the one hand. yes, it appears that these publishers got together and discussed how to alter pricing which is typically illegal because they are supposed to be competitors. on the other hand when you look at the e-book market before which amazon dominated and now after apple and barnes & noble have a significant share in the e-book overall has grown considerably. putting out figures just for january showing that e-books are up over last year, just comparing january and now comprise more than 25% of the overall book market from just up over 19% the year before. as you mentioned, amazon has said that indeed this is a victory for kindle owners because they expect to be able to lower the prices of e-books based on the fact that some of the publishers have already settled the case. it will be interesting to see if apple buckles and some people are siding with apple. it's a head scratcher. the justice department is getting involved in the ver

. >>> at abc in new york, drew pearson would not apologize, nor would i. people with a machine.t ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. this is my grandson. and if it wasn't for a screening i got, i might have missed being here to meet him. the health care law lets those of us on medicare now get most preventive care for free like annual wellness visits, immunizations, and some cancer screenings. and that's when they caught something serious on mine. but we could treat it before it was too late. i'll be around to meet number two! get the screenings you need. learn more at healthcare.gov. you don't want to miss any of this! >>> the conversation continues now, race in america. this week national review fired a contributing article considered racist. john derbyshire wrote the article called "the top non-black version." this went in the magazine and it got people of every race talking. we're having this conversation again. >> yea

>>> i'm an -- hampton pearson with your cnbc market rap. the dow went down 14.g 6,000 since april of 2008. retailers posted solid gains last month thanks to warmer weather. and facebook will reportedly lift its shares on the nasdaq when it makes its trading debut next month. that's it from cnbc, first in business worldwide. now back to "hardball." >>> welcome back to "hardball." our hardball strategists are back tonight to discuss two trending topics on the campaign trail this week. number one, rick santorum met with conservatives today to try to bring together the conservative vote and that also meant discussing how to get newt gingrich to drop out. and hatch figures that romney will have his mormon faith used against him. todd harris. todd, give some advice to senator santorum. if you had his ear today, what would you be telling him to do? >> two words: drop out. the legacy of the santorum campaign is going to be -- it's going to boil down, really, to one of two things. there is everything that has happened until this moment, and then everything going forward.

. >> linda levy grossman, thank you so much for coming and glen pearson, we love your music.ple will be able to hear it. for more information on theater week, people can log on to theaterwashington.org and congratulations, good luck. >> thank you so much. >>> moving on now, in this week's wednesday's child -- we have a young man that we will revisit. it's been about three years since we first introduced you to tony. i caught up with him again the other day at best buy and found out he's developed an interest in electronics. >> these are all touch screen. remember tony? he's 16 now and quite a bit taller than he was the first time we met him. back then, he wanted to grow up to be a dog trainer. he has some new ideas now. >> electronic persons. >> and although he doesn't have a cell phone or ipad, he loves reading the specs for these kinds of electronics and dreaming up new possibilities. >> if you were designing a phone, tell me about the design you would like to have. >> basically what the psp phone, and the, and the blackberry mixed together. >> he does really well in school

let's get out to hampton pearson with more on the antitrust case against apple. hampton?> what the government is alleging is back in january of 2009, you saw a dramatic change in the business model in terms of how apple and five major publishers were dealing with then amazon doing a 999 discount price for selling books. this is right out of the government's affidavit. it says "as apple ceo steve jobs describes his company strategy for negotiating with publisher defendants, will go to a agency model where you set the price and we get our 30% and yes the customer pays more but that's what you want any way." the government alleging that apple was willing to help publishers obtain their objective for higher prices by consumers by ending amazon's 9.99 price program and could avoid competition from amazon. the headline here today, the government basically settling with three of those publishers continuing to litigate against apple and two other publishers and 15 states filing separate lawsuits that include a $51 million restitution fund where customers during this time period t

. >>> i'm hampton pearson with your cnbc market wrap. dow slides 83 points. s&p off 5.stocks after spain said bad loans at banks rose to an 18-year high. after the close american express posted better than expected earnings thanks to increased credit card use. ebay is also out with profits that exceeded analysts estimates. strong u.s. and international sales help boost profits at yum brands but shares are lower at after-hours trading. that's first in business worldwide, now back to "hardball." >>> welcome back to "hardball." with ten u.s. senators stepping down this year, fight for control of the senate is very much up for grabs this november. a very important fact. and right now, democrats holding razor thin edge in the upper body. 53-47 including two independent who caucus with them, that's 53-47. but the democrats are playing defense in a number of key races. look at some of the tossup races where much of the media attention will be focused this sum perp from west to east, nevada, montana, new mexico, missouri, wisconsin, florida, virgin virginia, and massachusetts,

cnbc hampton pearson joins us with more. >> maybe the new millionaire can invest in the markets. ironically, i can almost see that congressional exxon as i look out the window on the other side of the camera. anyway, let's get to the business news. stocks did open higher following early gains in europe. but were in a narrow trading range because of new concerns about the u.s. economy. right now the dow is up about 28 points, about .2%. the nasdaq up 15 points, .5%. the s&p up two points, abo about .1%. the american economy grew more slowly in the first three months of the year. governments spent less and business cut back on investment. but consumers are spending at the fastest pace in more than a year. here are the numbers. gdp for the first quarter was 2.2%. down from 3% the final quarter of last year. consumers spending ak sem rated to 2.9% annual rate in the first quarter, with a big boost from auto sales. consumer spending is closely watched because it accounts for about 70% of all economic activity. and the closely-watched university of michigan consumer sentiment index fin

this is hampton pearson reporting live. >> thanks. thanks for being patient. looks like the statement is nearly exact, nearly exactly the same as the last one although they talked about the financial conditions a bit and also maybe a little bit stronger on inflation. is that how you read it from listening to hampton because gold is moving? >> so i would explain this as when the oxford english dictionary is looking for an example of the word tweak is what i would say. it's a very, very modest downward tweak on the economy saying it's been expanding moderately from on firmer footing, labor market conditions have improved rather than say improving gradually. i don't even know what to do with that one. a bit more on inflation. if i'm not mistaken financial strains after being dropped from the prior statement made a return cameo appearance. i think the bottom line here, if you're looking for what is the takeaway, it's ulth maltly the fed is not budged on what was the market understanding before the event and that is that the fed is not likely at this point under th

hampton pearson joins us from the labor department.part hampton, just pretend year doing it again.ur, three, two, one. >> hampton, the necessary b we see please. >> up 120,000, way below the consensus forecast for growth of about 203,000. 8.2% unemployment rate. that's the lowest unemployment rate since january of 2009 when it was 7.8%. 0.2% average hourly earnings. over 12 months, 2.1% year over year. remember, in private sector job growth up just 121,000. the overall revengz for january and february, january down 9,000. february up 13. so a net increase of 4,000 jobs over what had previously been reported. march job growth, manufacturing as well as services and drinking establishments, both had gains of 37,000 jobs in each of those sectors. health care, plus 26,000. professional and business services, up 31,000. the big loser in march, retail. down 34,000 followed by transportation to warehousing which lost 9,000 jobs. construction down 7,000. long-term unemployed, 5.3 million, 42.5%. out of work six months or longer. one surprise to the positive, if you will, the u6, the total u

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. >> co-authors dave barry and ridley pearson. peter and the star catcher. the holiday inn that's the last place you can still smoke a pipe a good pipe. and we're reading the review in the times and it's the in the art section. >> if you get ben brantley, even if he says this sucks. >> he didn't say this stucks. >> don't step on my lines, i'm trying to help you here. listen to this, it's the most exhilarating example of locomotive storytelling on broadway since the royal shakespeare company of nicholas nickelby. that is a rave, why does it work, guys? why does this work? >> because we had nothing to do with it. >> we want to thank you guys for being with us. >> that's mind-blowing, isn't it? that review. >> rick elliott, he wrote jersey boys. we wrote a young adult fiction book. it was sort of a conventional model. >> it was peter pan before he became peter pan. >> he took it to a different level, it's a really, really funny play about peter pan. >> when we were in development, we had a meeting with rick and he had laid out his whole outline. and dave said,

fancy numbers and rates and stuff that was very individually tailored, none of these loans were like pearson you read one of them all way through, you wouldn't necessarily know what the next one was going to be like. no one likes a loan documents. i haven't run into a human being who has read every document before they sign and rappers start points out that in the film he points out that it got so lost that people -- people were being signed up for mortgages on the hood of their car. it would be late in the afternoon when people had to pick up their kids from daycare, but they'd be penalized monetarily if they didn't get enough fun time. so you have to pay feed. you have an hour and and what is happen often in baltimore and elsewhere, which we found out from the community groups at saint ambrose that helps people who were in terrible trouble because of foreclosure, that they would get the signing and members are different. this happened to denzel mitchell. they be told one thing so they really believe they could afford the payments. and they get to the signing and it wouldn't be the same num

. >> hampton pearson thanks so much. axle, we have limited amount of time.your top commodity currency pick. >> right no, it's canadian dollar and just generally speaking singapore dollar as an inflation play. >> thanks so much for your time. >> my pleasure. >> facebook speaks instantgram dominating headlines. what's the next big move? we're talking venture capital. that's straight ahead. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which ma

[applause] >> thanks to the foundation, the peter pearson foundation, microsoft, lawyers university, joan jacobs, the prospect fund and hamilton for sponsoring this and making this meeting possible. they could not be held without the sponsors. and violent a want to thank all of you who came, who participated, who committed. i am grateful that you came from as close as your own campus, to as far away as nepal and turkey. and china and elsewhere, where you're very welcome here and we are grateful for you. [applause] before it ever appeared on the jon stewart show, my daughter told me years ago when she was just a little older than you that more people in her generation got their news from jon stewart and from the network news. [cheers and applause] at first i thought it sounded a little weird. but i can tell you now i have been on jon stewart's show to talk about two of three books i've written since i left the white house. he had clearly read them here he knew what the facts were. he had been well briefed. and every other time i've been on there, he really seemed to me to put in more