welcome back to our start time peter will remind you we're talking about the i.m.f. and emerging countries. we've won which is a break jeffrey made an interesting comment is that we've seen in one president i know out of an amount of economic growth over the last six years i guess we all agree minus the great recession began you will if i can go back to you again what a great examples out there with the i.m.f. help countries become rich. well i don't agree with the premise of the question i don't really think it's the i.m.f. and it's got just become rich i think it's misleading to look at the past sixty years as a whole i think if you look at the world economy since the early one nine hundred seventy s. i think the west you can see that economic growth rates have tended to slow and also when they have grown they've grown quite often because of extending huge amounts of credit rather than trying to work out how to have real dynamic organic growth i think that is the fundamental problem and what we've had in recent years is a tendency to try to back away from growth so

is not all responsible for that growth or not i agree with the other peter in london . they've been much more pragmatic but i disagree with peter in london is that i think this whole idea that we have. a free economy free market free trade is simply nonsense i mean whether or not you think that's desirable that does not describe the reality of the world economy for a very long time those things don't exist is very heavily regulated trade is very heavy state spending we do not live in a free market economy such as if we do is nonsense even if you believe that we should we shouldn't i think it's just the wrong way to look at the question peter do you want to reply to that it's all right so it's about the down of course it's going to have either we move a lot farther in that direction but it's much freer more often than i was fifty years ago peter go ahead. sure but i think i think the porton point that i was trying to make is that it's not about whether it's free you are not free it's about degrees of of management and how countries can take their own domestic situations

today i'm joined by peter chola in london he is a program manager at the bretton woods project also in london we have daniel ben-ami he is a journalist and author and in cambridge we cross to jeffrey frankel he's a professor of capital formation and growth at harvard kennedy school ok gentlemen this was cross talk that means you can jump in anytime one and i very much encourage it but first let's look at some of the issues surrounding this global financial institution. in the wake of the scandalous departure of its former head of dominic strauss kahn the international monetary fund has been faced with the tough task of self-examination as the money lending parthenon seeks to find a new managing director those who are guiding its effectiveness and commitment to internationalism have continued unabated i expect that the next president of the world bank will be an american and the next manager of the i.m.f. will be european broadly construed and that's the same time we've had since those institutions were established a pattern so ingrained in the fabric of the supranational giants and so

and it's for a bunch of reasons and none of them are democracy ok peter peter in london where do you come down on that is the is the is the i.m.f. practicing the principles that it claims to be to uphold. well i did under direct question know the answer to because there are groups of agreement talk about what it was set up to do and that was to create high incomes to promote trade and to reduce unemployment and deal with social problems and it's certainly not what it's done it's actually done the opposite but i have to say i do think democracy is important in our institutions and i think there are ways to create democratic institutions in particular accountable institutions which is an important element of democracy without having a u.n. style one nation one vote that i think you could certainly try that approach but if you look at most of the democracies in the world you look at the u.s. or even the way the european union is set up they operate on ways to have democratic accountability under multiple metrics of doing that in the u.s. you have a congress and the senate in europe you

peter.d and father of our lord jesus christ who, in his great mercy, gave us a new birth to a living hope through the resurrection of jesus christ from the dead, to an inheritance that is imparishable, undefiled and unfading, kept in heaven for you, who, by the power of god, are safeguarded through faith, to a salvation that is ready to be revealed in the final times. in the we rejoice, though, now, for a little while you may have to suffer through various trials, so that the genuineness of your faith, more precious than gold, that is perishable, even through -- though tested by fire, may prove to be for praise, glory and honor, at the revelation of jesus christ. although you have not seen him, you love him, even though you do not see him, now, yet believe in him, you rejoins with an indescribable and glorious joy, as you attain this goal of your faith, the salvation of your soul. ♪ ♪ ♪ serving it is an inspiring morning in vatican city, as we continue with the process. lauren green is there

peter might already suspect as. he told me his contractor, who has never installed one of these towers inches from a neighbor's home and rushed to shore up the elevator shaft after our filing with this board. peter has had ample opportunity to live up to our agreement. we have repeatedly asked that he higher noise mitigation experts. he has not. he argues this project should continue without interruption because he spent roughly $166,000 on his permit, but any interruption would be self- inflicted. he could have avoided this action by living up to his agreement. peter is here tonight. am i done, or do you want me to finish this last paragraph? >> your time is expired unless someone has a question for you. i do not see someone. >> we will hear from his attorney. >> good evening, commissioners. i am here on behalf of peter and caro. i want to point out is to permit was issued 10 months ago. construction is nearly complete. we have spent $166,000 so far on reliance to the permit. there was no prior objection to this pe

. >> this week on "the communicators," our guest is intel corporation vice president peter cleveland who talks about the obama administration's efforts to improve american innovation by assisting the u.s. technology community. >> host: well, we're pleased to welcome to "the communicators" peter cleveland, vice president of the intel corporation, and he's also in charge of their global public policy group. mr. cleveland, if you could, start by giving us a snapshot of what the intel corporation is, what it makes, where it's located, etc. >> guest: intel corporation was founded about 40 years ago in silicon valley, and we are primarily a microprocessor company, but we're getting involved in all sorts of products, software solutions, hardware solutions. we produce the chips inside of netbooks, servers, desktops, but our chips also run medical devices, they also run gps systems in cars. you see them all over the world, and we are a great american manufacturing success story. we have been profitable for decades and employ 43, 44,000 americans in our domestic manufacturing base. so we helpe

peter. [applaus [applause] >> and now in the portugese language. language. >> . >> asking us to entrust ourselves to the intersession of john paul ii and cling to his words do not be afraid, open wide the doors to christ. [applaus [applause] >> and now in the polish language, of course, great cheers of the many poles who have come down for the service. next to the italians present, the polish are the the largest number of prilgrims here. he welcomes all from poland as well as through television and radio in poland and asking that blessed john paul ii may bless his home country of pola poland. [applaus [applause] >> and now the italian language. the he greets the president of the republic. >> . >> he's thing thanking him the success to organize this day. and the mayor of rome has recognizing that the romans had been blessed for 26 years of being with john paul ii and ask that they wouldn't mind to maybe leave the city this weekend, not to avoid the beatification, but to leave room for many pilgrims who come so there will be more space for them, thos

peter's basilica.oved and placed in front of the main altar or it will be shortly so that thousands of people that travel to st. basilica will be able to see it. the remains of 15th century pope innocent will be removed from the chapel to make way for john paul ii. never before has the body of one pope been removed to make way for another. meanwhile, the large tombstone which coughed the late pope's grave for the past six years is to be taken to poland where it will be placed in a new church dedicated to the blessed, as he will be known, john paul ii. we're watching live now the beatification ceremony under way in rome. jim bitterman and john allen are watching along with us. and once again, one is struck by the devotion. you know, dhurch fathers have said, this is not about john paul the pope -- >> i didn't hear the question. would you repeat that? >> church fathers say this isn't about john paul, the pope. this is about the man. what kind of man was he? >> do you want to tackle that one, john? >> wel

. >> jeff ornstein with peter salomon company. walmart stock prices have been flat for over a decade. how do you sort of a address that in b how does that affect the morale of the employees and executives? >> i think the way we address it is by improving sales and a lot of the earlier discussions abous that investors look in buying in a company. the growth of our business we have talked as they did yesterday with some about growth leverage and returned. so you know i don't wake up and start each day saying i need to increase stock phrase. i look at how do we grow our business, serve more customers and then leverage that to produce return for the shareholders and i think that is what will end up ultimately affecting stock price. related to the question of morale, i will tell you i think over the years companies have to look at how do they evolve and change in the way that they motivate and that is something that over many years the company does that. whereas a start up company might have one formula, walmart was a start up company

text messages to every american with a cell phone and no you can't opt out we've got investment guru peter schiff with us tonight to explain the twists and turns of silver last week and how the institutional gold rush we're seeing now will play out we'll find out why libya was bombed not because of oil for humanitarian reasons but because of gold we've got cops paying people in food to get high don herold of the day trade show who predicted the silver plunge joins us and. hold on i'm getting a text message from oh it's it's the president security alert whatever you do do not be caught watching vs the man. you've been hearing for years from cheerleaders of gold and silver saying you have to buy silver or gold are going to lose everything to inflation well there is a grain of truth to that if you will hold your savings in u.s. dollars the purchasing power of that money will slowly be drained away is more money is created by the federal reserve here in washington but anyone who follows that up with and therefore you have to buy silver or gold or this twenty year supply deal hydrated food is w

peter's square all celebrating today's beatification ceremony for the late pope paul the second, it's a last step before state see to it in the catholic faith. >> the services in st. peter's square were shown all over the world including here in chicago where people got up early to watch the services on big screens downtown. the celebrations and vatican city went on for hours. >> dino was there and she joins us now live tonight from rome with our top story. >> it w w an amazing event you can see saint peter's dome behind me there. it is not new to religious celebrations filled with circumstance but this day was it different, pope john paul the second walked the earth and touched so many lives physically and spiritually. they were amazed that a man they knew is now one step closer to becoming a seat. saint. the threat of rain did not keep some from staying on the streets all night. as the sun rose over rome the square quickly filled. hearing the holy father tell them john paul walks with jesus. celebrating with the cardinal wearing the mitre john paul or in his final years. the new ima

you know what, tell me, what makes peter, peter ? well, i'm an avid catamaran sailor.

peter alexander is here with the latest on this. peter, good morning to you. >> reporter: matt, good morning to you. senior u.s. intelligence officials tell us that they are combing through not one but multiple journals seized. he was evidently a meticulous note taker. in the words of one official, bin laden would wake up every morning to try to come up with new ideas. during last week's raid, osama bin laden's private journals. officials say his writing shows the terrorist's leader was focused on attacking the u.s. and causing mass casualties while secretly trying to find out ways to bring in al qaeda into the united states. >> this is a guy who is still very much in charge of al qaeda. >> reporter: nbc news has learned in his writings bin laden reasons the only way to

there's tons of loft on this thing, peter. he's really trying to do is carry that massive bunker right in the front. that y-shaped bunker. just carry it on to that corner of the green. >> the ball is above his feet, which should help him draw the ball back into the breeze. nick: ted scott checks the lie. if it's going to jump. that means a flyer. that's when the grass gets trapped between the face and the ball. >> it started well out to the right. nick: it's going to sit down short. oh, that's going to be very difficult, the way bubba's been chipping. which probably means he'll have to chip this one in. he'll have to forget this last two days of some pretty poor pitch shots. jim: how much difference is the yardage for webb this time? >> he's got 24 last time. i think he had 246 last time. nick: his natural shot is a draw. he probably wants to fight it for the wind. maybe go with the draw. hit the one you know you can pull off. >> he's taken a 3-hybrid. he's asking for the lie to maybe deloft ate little bit. nick: that's a nice

because i think what makes peter parker a super hero is his personal integrity, something about him,yorker who puts people first and that's the essence of this story. >> reporter: they removed some minor characters. added a new song -- ♪ and when it reopened in previews, "spider-man 2.0" got a standing ovation. backstage the cast was ecstatic. >> oh, yeah! >> rock an roll! >> super, super, super. >> thank you. >> that was fun. >> that had to feel good. >> that was our first preview of this version and we're going to keep working and making it better and better and better and better. but that was a real victory for us tonight. >> reporter: it is fixed? >> good question. >> it's on the way to being fixed i think is what we would say. the important things have been fixed. and now the details. >> reporter: are you happy? >> 80%. >> reporter: 80%? >> yeah. and the last 20% come in the weeks ahead. it will be ready for opening night, i'm sure of that. >> reporter: we're going backstage. bono and the edge admit they were not at the theater during the troubled fall and winter. >> can you hid

peter alexander following all of it from islamabad again tonight. peter, good evening. >> reporter: brian, good evening to you, again. this was just a gruesome attack. at least 80 people killed and 140 injured in the attack. and tonight, the pakistani people are bracing for more. it's the kind of violence al qaeda warned would follow the death of their leader, osama bin laden. back-to-back attacks shortly after dawn. two suicide bombers, both riding motorcycles, police say, targeted newly trained cadets in this center in northwestern pakistan as the recruits were leaving for a break with their family. it was the americans who killed osama, this man says, and the blood of our people is being spilt. why? why is this happening to us? to maximize the death toll, police say, the bombers' explosive vests were packed with ball bearings and nails. claiming responsibility, the pakistani taliban. close allies of al qaeda. planning to bring down the

we have peter from green apple books. where is peter? peter, come on up here. these are also the employers working with the city, working with our supervisors, all of them, to make sure they do the best enjoying our efforts. even when we do these, it has been public/private partnerships that actually keep and maintain this. i want to be your with everybody to announce that we have already been working on how we can fund more of these, so with the jfk route that we wrote this morning, recreation and park and mta have been working with our transportation authority through the board of supervisors, and they found a grant that would immediately allow them to plan for the jfk route to be implemented. by the end of this year, mta and rec and park will have a dedicated bike lane on the jfk drive by the end of this year. [applause] that is a really great announcement, and we will have more of them. that is just a first, and i think a number of announcements we will try to make and continue to find funding for anti public/private partnerships going. with that, i want to

someone with julia roberts, erin brockovich. >> i've you had small peters. how did you feel when they said we're going to put a smart meet ner their home? you don't feel uneasy about it. and how you would feel going to work each day wondering if my work is toxic. hybrids are a -- they're eight times the level of an average commuter mind. high e.m.s. 52% than that. thont tonight it's brain follow is this good for the public? you need to have a moratorium that they're puting on this cab. in testing i'm told by the director ayisher -- it's your responsible to show us that these cats are not harmful. we also need to -- i think it's -- advised drivers and passengers that you should never ever use a cell phone in a car or taxi unless it's an energy. -- emergency. >> ken cue blenser, -- i'm a driver for the driving ed. i can certainly understand that the issue of part of the increase at the drop needs be clarified. it'ses two it's two issues. ahead of the that's a very complex separate issue. >> i've been paying a fuel surcharge for a couple of years ago now. they

the kaiser report oh boy this is going to be a tree time data go to westport connecticut talk with peter schiff c.e.o. of europe a civic capital author of crash proof and how an economy grows and why it crashes peter schiff welcome back to the kaiser report but thanks for having me on again max all right you were extremely accurate in your forecast for housing prices in your book crash proof talked about fannie mae and freddie mac. collapsing all that turned out to be true we're at a point the cycle for housing now people are questioning how we had a bottom in housing i saw something on business insider today alluding to that but there is some dissenting views on housing housing of course is a key part of this crisis today and going forward what are your thoughts on housing peter schiff well i still think the prices are being artificially propped up by government supports in the form of very low interest rates from the fed and guarantees from the government both fannie and freddie and the f.h.a. i was to well say prices are higher than they would be in a free market but ultimately i thin

s role or authority as part of this project. >> peter albert, mta urban planning initiative. i am happy to answer the questions. i also have rich hillis from the office of workforce development to can talk about the development agreement. would you mind repeating the question? director bridges: the question was, when i read through the various documents, what are the terms of this project in terms of mta involvement and commitment, if any. what is the commitment during that term? >> thank you. one of the actions being asked of the board today is, through the chair, to adopt the ceqa findings and authorize mta to enter the development agreement and the interagency cooperation agreement. those agreements establish a relationship for the implementation of the development project. it supplies the terms we would work together, the structure between mta services, the memorandums of understanding between treasure island development authority and transportation management agency and the mta. the basic assumptions about the project, the transportation analysis, is based on projections

>> i'm peter jennings. >> reporter: that's peter jennings in 1971, doing the play by play of a volleyballween the u.s. and cuba. >> that's it. the cubans have won. >> reporter: but television historians say the biggest impact came from the story telling about the athletes, the human drama of athletic competition. >> you'd have to bring the individuals involved to life and that's exactly what wide world knew how to do. >> fortunate thing about body building, you carry your success with you all the time. >> reporter: we would meet that daredevil motorcycle rider. >> my name is evel knievel. >> reporter: whose attempt to ride across a canyon transfixed the nation. >> you're being extremely truculent. >> reporter: and that boxer from kentucky, who without later become one of the most recognizable people in the world. >> i'm the greatest fighter of all time. >> changed the way we cover sports, and news for that matter. great to see peter jennings >> alan: alcatraz evacuated. the park service ordered everyone off the island after an alarm sound. the island was packed with tourists when someone

i agree totally with peter. we made to open up opportunities for people to consider a variety of different options after high school, one of which is college, but there are many others, and maybe we need to think of new ways of certifying people to demonstrate competence for the-- what some people called the world work or the world after college. >> brown: all right, well, very big subject and we will leave it there but try to come back to these things. thank you all four very much. >> thank you. >> thank you. >> woodruff: we'll be hosting a live chat with several members of jeff's panel next tuesday at 1:00 pm eastern. you can submit your questions now or join us live at newshour.pbs.org. finally tonight, amid a controversy over condom use, the catholic church opens a conference in rome on combating hiv/aids. ray suarez is covering that conference, and i talked to him earlier today from st. peter's square. >> ray, hello. first, tell us more about why this conference is taking place right now. >> sreenivasan: we

peter, good evening. >> reporter: brian, good evening to you. nbc news has learned in that handwritten notebook, osama bin ladin was focused on what one u.s. official calls spectacular attacks. we are told he specifically mentioned four major u.s. cities as potential al qaeda targets. new york, washington, chicago and los angeles. senior u.s. military and intelligence officials tell nbc news, from inside his hideout, bin ladin was fully engaged to carry out other 9/11 style attacks. describing him as a micro manager and meticulous note taker, officials say he used his compound as a command and control center for al okayed saturday. compiling his thoughts and plans for new attacks in multiple documents, including a handwritten 10-page notebook. >> he mentions the big cities, he mentions certain important dates, for example, the ten-year anniversary of 9/11, which is coming up. he mentions transportation, aviation and rail. >> reporter: this wave of intelligence is emerging through a government campaign of briefings and orchestrated leaks. "the wa

nbc's peter alexander is in islamabad tonight. peter, good evening. >> reporter: brian, good evening to you. tonight nbc news has learned that u.s. intelligence officials expect pakistan to turn over osama bin laden's three widows for questioning. those women are presently being held in rawalpindi. that's just outside of islamabad. a pakistani military official tells us the u.s. must wait until pakistan has completed its own interrogations first. among the wives, bin laden's youngest, the 29-year-old amal, is said to be his favorite. she's strongly committed to his ideology. she's also still recovering after being shot by navy s.e.a.l.s during last week's raid. and this evening users on top al qaeda websites are threatening "serious consequences" if the pakistani government gives the u.s. access to the widows or if the u.s. tries to bring the women back to the united states. nbc news has also learned that the u.s. has already shared threat information from materials seized in the compound with several other countries. brian? >> al

peter's right now is very solemn, the veneration. tell me about the coffin, people will file past it. there's so much history where it is. >> the building -- the placement of the coffin is directly on the top of the tomb of st. peter, which is behind michelangelo's famous dome which goes down to the ground where st. peter was thrown after being executed 200,000 years ago and now beatified, sitting right on top of that tomb. people will file in. the noise and chaos here, you enter into that door and it's silence. you see the basilica, and the fabulous tapestry, the humble, wooden coffin of pope john ii. >> he'll be moved to the chapel of st. sebastien, next to another of michelangelo's other great works. >> tomorrow evening, when all the faithful have had the possibility of seeing the tomb they'll move him into the new home, st. sebastien, second chapel in from the right. all the times that john paul ii celebrated mass in the square, that was always where he prepared. that was his sacricity, so many tiles he's been alone in that space

peter gadiel, thank you so much for joining us this morning.e on what the u.s. did with bin laden's body. that's next. how can expedia save me even more on my hotel? by giving me huge discounts on rooms hotels can't always fill. with unpublished rates. which means i get an even more rockin' hotel, for less. where you book matters. expedia. mom! ♪ i know i can count on you ♪ sometimes i feel like saying... ♪ mom! mom! ♪ ...see me through [ male announcer ] you know mom. ♪ you got the love... we know diamonds. together we'll make this mother's day one she'll never forget. momma! [ male announcer ] that's why only zales is the diamond store. but afraid you can't afford it? well, look how much insurance many people can get through selectquote for less than a dollar a day. selectquote found, rich, 37, a $500,000 policy for under $18 a month. even though dave, 43, takes meds to control his blood pressure, selectquote got him a $500,000 policy for under $28 a month. ellen, 47, got a $250,000 policy for under $20 a month. all it takes is a phone call.