the piggy bank. you know where the boxes and the churches collect money? yeah. this is the original he here. yeah. >> (speaking spanish) (laughing) (speaking spanish). >> this instrument is called c carete and with the right hand and the left hand and open and shuts in a rhythmic time. >> (speaking spanish). >> so this instrument is called sen sero but it's actually a cow bell. >> (moo). >> it was made out of material. >> (speaking spanish). >> but for the african and any instrument that create a rhythm or a sound will become an instrument. (speaking spanish) (applause). >> (speaking spanish). >> these are the spanish influences. >> (speaking spanish). >> they adapted to the style of this type of music (applause). >> (speaking spanish). >> these are just simple spoons, kitchen spoons. (applause). >> (speaking spanish). >> and here we have our principle instrument. >> (speaking spanish). >> the name of this instrument is called cajon. >> (speaking spanish). >> in certain places in africa this instrumentality existed. >> (speaking spanish). >> and the percussionis

of why the state legislature needs to wake up and stop treating the pension system like personal piggy bank >> joint investigation sweetheart pension deal at the same time allow top union leaders to base their city pensions on much higher union salaries cracking open the piggy bank for himself. had he not jumped back and forth between pension plan's retirement benefits $20,000 per year instead boosted the value to $98,000 per year. did not pay what most state workers pay. pension payments based on his old $17,000 a year so that salary. benefits based on $115,000 may oral salary. saved the mayor $400,000 out of pocket. batt but should not have special pensions no justification because they've run the risk of not being reelected we guarantee economic security in definitely. that is self dealing and not being in the public >> 5 elections later combined legislative county and to make oral salaries retired with nearly $184,000 per year. for weeks we try to talk to the former mayor about the pension deal. staff declined to request. only the mayor and dozens of other legislators got the special de

each other at is good cnn that perry >>> complete strangers like this little boy who brought his piggy bank for bodie's said he had to be here >>> how long bodie to feel better and have a great time >>> the perfect sendoff for this canine hero. >>> a new visitors' center in the east bay dedicated to a heroine of the world war two era the grand opening of the rosie the riveter education center. rosie represented the women who work male jobs like riveter and while men were at war in the 1940's. >>> from alabama to south dakota to richmond we have exhibits that highlight the diversity of the home front experience a great place to come and learn about your history and see the original artifacts >>> volunteer guides trying for weeks to staff the center is open daily from 10:00 a.m./5:00 p.m. >>> after two this morning the uss iowa as under the golden gate bridge it left the port of richmond this morning to begin a four day journey to its new home. >>> the u s s iowa and her stake in the bay >>> i never thought this day would come. 23 years i've seen the ship >>> she is enroute to southern califo

raiding their piggy banks.etting in there and they were pulling money out of their homes in the form of home equity loans. today they have no equity. they're upside down, they're underwater. if you do it right, your mortgage becomes a supplementary savings account. you feed the pig over time. and when you get to retirement, you have this big, fat asset that you can use. >> got me a little nervous. got me a little nervous there. rule number 32. your retirement trumps your kids' tuition. >> parents feel really guilty when they put their own retirement before their kids' college tuition. but there is no financial aid for retirement. there's still financial aid for college. and think about it this way. if you don't put your own retirement first, then when you get to the point where you have to retire, your kids who are then trying to put their own kids through college are going to have to bail you out. 401(k)s and i.r.a.s come first. >> rule number 53, forget about having it all. have what you value most. >> this i

the next morning, i cracked open my piggy bank. oci paid three months' worth of used to join the union. [applause] that was 47 years ago. cesar chavez was a life changer. he made you believe you were capable of doing much more than you believe you were capable of. he said that imagination in new and that belief in yourself. he fed that imagination and belief in yourself. i went to chicago. i just turned 21. he said we were going to start a boycott and they needed me to go to chicago. me. i had barely graduated from eighth grade. i had been a farm worker all of this time, an immigrant. he said, you have to go to chicago for about two weeks. [laughter] i said, where is chicago? not far. [laughter] ok. but you have to take an airplane. i had never been on an airplane in my life. we're going to give you a name. when you get there, looked him up and figure it out. he gave me a bag of buttons to sell to raise money, one name, and $20. he put me on an airplane. who in their right mind would go to a city they have never been, you have no i

and according to court documents they've been using the company's bank account as his personal piggy bankmeanwhile the company has spent country club presidents even the been paid for in part with silver coins. >>> he did by jet and the house with silver. did we do think the bank close your account has anything to do with mr. parsons using company funds for extravagant personal expenses? dick waves thick now the bank won't comment on why it closed its doors account but it is often due to further fraud investigations or the irs liens. the company is now scrambling to reassess those checks avenue count one of those checks is,,,, morning and read the clouds which reads a lot quicker so was the little bit more sunshine tomorrow at the coast and we did today but nevertheless the damage is done in this area of low pressure is with enhancing the rain later in the cooler am associated with this is going to get into the bay area so i never slowdown in the '50s and '60s and the beaches of 67 is across the peninsula at the mid seventies across the santa clara valley and eastern ports and box is the

and according to court documents they've been using the company's bank account as his personal piggy banke company has spent country club presidents even the been paid for in part with silver coins. >>> he did by jet and the house with silver. did we do think the bank close your account has anything to do with mr. parsons using company funds for extravagant personal expenses? dick waves thick now the bank won't comment on why it closed its doors account but it is often due to further fraud investigations or the irs liens. the company is now scrambling to reassess those checks avenue count one of those checks is hours,, [ banker ] mike and brenda found a house that they really wanted. it was in my sister's neighborhood. i told you it was perfect for you guys. literally across the street from her sister. [ banker ] but someone else bought it before they could get their offer together. we really missed a great opportunity -- dodged a bullet there. [ banker ] so we talked to them about the wells fargo priority buyer preapproval. it lets people know that you are a serious buyer because you've

a house is a piggy bank that you live in. you would be rich by the end of 30 years. problem is, people don't do it that way. money that they spend is what they would rather spend on other stuff. most people pay off their mortgage after 30 years and have this great asset. that's why i think buying is a better deal. it's true n. a lot of places renting was cheaper as housing went up, up, up, and now buying is a little bit cheaper so that's another reason. and then finally, it's a depressed asset. you're using other people's money that you borrow at 4% and get a tax deduction. >> so it is worth it to buy? >> it is worth it to buy. we have talked about just because it's worth it to buy for some people, doesn't mean it's right for everyone. it's probably where we ought to be 65%. you might have a job offer halfway across the country. you meet the love of your life and she says, great, but i don't

a house is a piggy bank that you live in. you would be rich by the end of 30 years. problem is, people don't do it that way. money that they spend is what they would rather spend on other stuff. most people pay off their mortgage after 30 years and

break open the piggy bank. it's expected to go public. the price per share will be $28 to $35. that would put the company's value at nearly $80 billion. if that holds true, the social networking site will be valued more than ebay and hp and about half of google. we did a little math of our own and came up with this number. each of facebook's 800 million users is worth $97.50. >> a young girl is safe tonight while a santa clara man is accused of holding her against her will. 23-year-old merced pacheco faces false imprinment and sex also charges. the girl is a minor listed as a missing person. we learned the alleged victim was with patcheco when she confided in an inspector on thursday. >>> take a look, a lit cigarette is blamed for starting this three-alarm fire in the east bay. it left about 42 people homeless. it started on the second floor of the mirant complex in martinez. six units were destroyed. four dogs were rescued and thankfully no one was injured. >>> this just in, vallejo police on the scene of a jewelry store where police shot and killed a would-be robber. they wal

government reform i'll strongly oppose any proposal that might be raised to use our federal workers as a piggy bank to pay for a highway bill or any other legislation, particularly when we have refused to ask the very richest in our nation to invest one additional penny. that said time is short. i encourage all members network together with the profound sense of urgency and dedication to draft a final bill that is equal to our nation's needs and with that i yield back. >> thank you very much. we move to representative bishop and then representative bowell. >> is this working? this is working. madam chair, i feel honored to be able to address a handful of my colleagues and so many senate staffers today. the idea that somebody from the resource committee is on this highway bill means that somebody screwed up somewhere. on the highway portion there's a whole lot of very good reforms in the senate version and even more good reforms in the house version. the keystone pipeline is an important issue. and the restore act most of which is good is on this bill as well but there are some extraneous issues tha

for their holidays or birthdays, make sure you take a little out for savings, whether it is their piggy bank or savings account. explain to them what you are doing, why you are doing it, and how in the long term it will benefit them in the future. >> they can help pay for things, too. >> seize the moment. >> seize the moment. we also think we have so much on our plate, talking about money is too much for us to think about. every moment is a teachable moment. when you are going to the bank, when you are cashing checks, talking about your paycheck, paying bills, or going to think when investment around the house. use every opportunity to teach your child about the different aspects of money. >> how can we find your book? >> spencer's first dot com. and you can get tips and purchase the book. >> you have great illustrations in this book. you actually worked with a local art student. >> yes, they is -- she was a student in mica. she is currently in korea. but she illustrated all of my books, very vivid, very bright. >> you use rhyming in your books. very nice to meet you. good advice for parents

state legislature needs to wake up and stop treating the pension system as if it is their personal piggy bank mayor daley was called but he daley declined to be interviewed for this story, but in an email - his spokeswoman wrote - 'i can only assume that his pension was handled in the same manner that anyones would be, given the length of service, nearly 40 years in government. in the newsroom, tonya francisco, wgn news. coming up next: reports that the chinese activist hold up at the u-s embassy in beijing was forced to family. president obama vows to finish the job in afghanistan as the offensive. and a new jersey's mom shocking love of tanning has her in trouble with the law. we'll tell you why. it's time to get going. to put more giddy-up in our get-along. it's time to start gellin' with dr. scholl's... ... and mix a little more hop in our hip-hop. with the energizing support and cushioning of dr. scholl's massaging gel insoles ... you'll want to get up and go. c'mon dad! i'm here to unleash my inner cowboy. instead i got heartburn. [ horse neighs ] hold up partner. prilosec isn't for fas

democrats have for decades used the defense budget as a piggy bank for social spending.ter of half a trillion dollars which is going to happen. secretary of defense under obama said would hallow out military and be a catastrophe. republicans oppose it. what do democrats do? use it as a stick and blackmail and the republicans in return for trying to get increase in social spending or increase in taxes. so he stands up for weaponry and training and protection that seasonals will have to have. it's the republicans. so it isn't all the history an demographics but the standing of the party on policy. >> you mentioned democrats getting in the way of that sequester of $500 billion in milliontary funding over the horizon. >> january 1. >> yeah. i within to pull a quote here from senator mccain, june 5, 2007, he was running for president. a great debate over iraq war at the time. at the time senator clinton was deeply in opposition to president bush's war, as she called it. mccain said at the time, "what senator clinton doesn't understand, presidents don't lose wars, political pa

and according to court documents he has been using the company bank account as his personal piggy bank meanwhile the company has been splurging on luxuries like a country club presidents, even an airplane paid for in part with silver coins. >> you did buy a jet and a house with silver? >> sure. >> does the bank closing your account had anything to do with mr. parsons using company funds for extravagant personal expenses? >> i don't know. that is a great question. >> the bank will not comment on why it close their account. but unexpected closings are often due to fraud investigations, improper use of funds, or irs liens. the company is now scrambling to reissue checks out of a new account. one of those checks is hours and we're still waiting for our money. >> need to get an appraisal. >> your first stop needs to be a license to jeweler. you don't necessarily need to sell it to them but have them tell you what your jewelry is worth and it will most times give you an honest answer. >> what a day in the bay area, microclimates came into play again today. let's take a look at some of the hi

it was shocking received that she used her on personal piggy bank. there is a bus to get an american pro ball in the mariah to a shopping trip at all but canceled because of that missing money. >>> before year-old deal announced today that has a new lease on prince street the chronicle reports the new location is five times as big as the former offices the company helps people rent apartments or rooms to 19,000 cities worldwide the late steve jobs skidding is on exhibit on the national mall in washington and the smithsonian institute is preparing an attribute the co- founder of the cupertino based apple will be on display may 11th due july 13th at the ripon center they said will focus on jobs more than 300 technology developments. you should see your desk. >>> 8620 right now to girls to boys and a lot of cuteness and how you can help name san francisco's new falcon chicks and it's not a remote control for just about everything how cal students to turn t,,,,,,,, [ banker ] mike and brenda found a house that they really wanted. it was in my sister's ne

and reform i will strongly oppose any proposal that might be raised to use federal workers as a piggy bank to pay for a highway bill for any other legislation particularly when we have refused to ask the richest in the nation to that invest one additional penny. time is short. i encourage all members to work with a profound sense of urgency and dedication to draft a final bill as equal to our nation's needs. i yield back. >> we move to representative bishop and representative boswell. >> i am honored to address a handful of my colleagues and so many senate staffers today. the idea somebody from the resources committee is on this highway bill means somebody screwed up somewhere. on the highway portion there is a lot of good reform in the senate version and even more good reforms in the house version. the keystone pipeline is an important issue and the restore act, most of which is good is on this bill but there are extraneous issues that bring questions to me as a member of my committee and someone who lives in the west. the idea of extending for one additional year is nice but doesn't solv

. >>> like facebook, break open that piggy bank. facebook is scheduled to go public in two weeks and new paperwork out today shows the price per share will be can s $ $35. that will put the company's value at nearly $80 billion. if that holds true it would be valued at more than ebay and hp and more than half of google. each of facebook's 800 million users is worth $97. 50. >>> well, a school leader accused of a sex crime. the vice principal at a south bay school is in jail tonight charged with molesting a student. police arrested a 32-year-old at leland high school campus that is just getting over a cheating scandal too. damian trujillo was first to report the sex assault allegations on twitter and then nbc bay area.com this morning. he joins us live from the school. >> reporter: well, jessica, joseph regito ran the assemblies here at the high school. tonight he is behind bars. a principal and another vice principal are on leave. leland high school is now without its top three leaders. joseph regito is in jail. >> detectives from t

but we don't have -- this is not money in a piggy bank. it's millions of complex transactions, buyers and sellers in a free market. what that results in and how it translates to taxes, that's a matter of guesstimate, not confident prediction. be cautious. >> now, the legislative analyst office has made a very broad best guess, tyler and sue, thinking that over the next three years or so facebook could add $2.5 billion to california's tax coffers, but they say that's just a guess. back to you. >> jane, thank you very much. stocks slipping on renewed concerns about europe. the question is what is the impact on the markets if greece exits the eurozone? let's bring in portfolio manager of the artisan international fund, one of the top international funds all around. up nearly 16% so far this year. four-star fund. welcome. you've got more than half of your portfolio at recent checks in europe. why do you feel secure about that? and where in europe specifically are you investing? >> hi, tyler. nice to be here. tyler, most of the companies we hav

ranking member, i will strongly oppose any proposal that might be raised to use federal workers as a piggy bank to pay for a highway bill or any other legislation when we have refused to ask the richest in our nation to invest one additional penny. time is short. i encourage you all to draft a final bill. with that i will move -- i will yield back. >> we move on to representative bishop. >> is this working? madam chair, i feel honored to be able to address a handful of my colleagues and some of the senate staffers today. the idea somebody from the resource committee is on this highway bill means somebody screwed up somewhere. on the highway portion there are a lot of good reforms in the senate version and even more in the house version. the keystone pipeline is an important issue. there are some extraneous issues that bring questions to me as a member of my committee and somebody who lives in the west. it does not solve the problem, especially when the house committee has passed a long-term version that gives certainty to local communities on when they will get their pal money and a long-term s

a house is a piggy bank you can live in.s, if you rented your whole life and put every cent you save into bonds, stocks, invest it wisely, 30 years from now, you'll be rich. most people won't do that. they buy sneakers, go out to eat, and in 30 years they'll have no house and the same amount of money. you're buying a depressed asset for less than 4% of other people's money on right now is a particularly good time to buy. >> i just want to say, where have you been all my life? because what you say in this book is it's -- there are right and wrong answers. after i read your book i've done a lot of wrong things. am i the only one? >> my father says to me -- he was angry at me. he says, why didn't you give this to me when i was 25. >> that's what i'm thinking about now. credit or debit, i always thought debit because it comes out right away. >> absolutely. if people listen to nothing else i say it is if you are in deep credit card debt, cut up those cards. only use debit. but if you can pay it off every month, as you should, the

more than $3 million and we also know he's been using the company bank account as his personal piggy bankdn't even have a personal account until late last year. >> wow. that could be a problem. nice job, julie, because you took it from your city and then took it around the country. nice job. thank you, julie watts joining us,, >>> country singer chely wright has been turning out hit songs for more than a decade. you know the song "shut up and drive" that's her. a documentary shows her decision to come out as gay, first major country star to do so and she's here to talk about the impact of that. you're watching "cbs this morning." ?eÑ i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel suppresses yo

we know he's been using the company bank account as his personal piggy bank for years.al account until late last year. >> wow. that could be a problem. nice job, julie, because you took it from your city and then took it around the country. nice job. thank you, julie watts, joining& us live today. >>> i got to say more than scattered but certainly not the drenching we got last night of rain. going to stay warm with temperatures in the mid upper 80s. normal in the upper 70s. clear g ing skies, 50 over night -- clearing skies, 50 over night. beautiful tomorrow, sunny >>> country singer chely wright has been turning out hit songs for more than a decade. you know the song "shut up and drive," that's her. a new documentary shows her decision to come out as gay, the first major country star to do so, and she's here to talk about the impact of that. you're watching "cbs this morning." ?eÑ i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel.

and treasuries i think the new world is that europe and the insolvnsy is causing people to crack piggy banks we have jobs reports coming up. my question is what is the expectation there if the 165-170 is what people are expecting. is that setting the bar low so they can jump over it or is there concern for a low print like last month? >> it's true with oil prices and it's true with jobs. how do you make 200,000 look good? you get 150,000. i think this is the new mode. and there are many stories out whether it's the unemployment force doesn't match on a skill basis, the jobs that are open, the job openings and labor turnovers taking on a heightened importance. if there truly seemed to be more research indicating that part of the lack of job creating is a skill set then we have to have an introspection of programs and how we move people into the benefits, unemployment insurance. if it is a skill issue we should be making a difference in improving the condition. >> what do you say about gold at this price? is it off a couple hundred bucks or a good buy to hedge down the road or about to go lowe

call it a pension piggy bank full of taxpayer dollars.r chicago mayor richard daley has been building up a comfy pension and finding loopholes to rake in the best benefits, apparently. >> while workers brace for big time pay cuts, he's guaranteed a whopping $184,000 a year. how did he pull it off? with the trail of dough. here's stuart varney. stuart, look, just before he got out, he'd combined his years as the mayor, working the state government as well for this jackpot. >> he gamed the system. blatantly. what he did was this. he was in the state legislature. he left the state legislature, became the mayor of chicago. 10 years after he leaves the legislature, he says "i want to pay in for one month only into the pension plan for the state legislature. "he's already left it 10 years ago. now he's the mayor of chicago but for one month, he pays into that pension plan. one month only. >> what a great month. >> that gives him an extra $50,000 a year for life when he retired. he adds that to the rest of his pension which is now $184,000 a yea

they should not look at this piggy bank of global fund available to them at very low rates because theygoing to be a dawn at some point in the future. so i continue to hope that we start to get a political class that understands that just because you can borrow infinite amounts of money at low rates doesn't mean that you should put the next six generations in the tank in the process. >> and yet just think back say ten, 15 quarters all those headlines calling germany the sick man of europe. and then think about how that turn about occurred. you know it's going to be optimistic sometimes and the reality is that some parts of europe have pulled themselves together in recent years. >> five years ago, gillian, i think there were certain parts of europe were gloating that the social experiment that they had done that it was working and that there was growth in the economy along with this massive social safety net and it was almost like a nirvana that europe had achieved but now we know that that was usury. >> i think like sweden and finland -- >> they got 2 million people. that's like newark.

ranking member, i will strongly oppose any proposal that might be raised to use federal workers as a piggy bankto pay for a highway bill or any other legislation, particularly when we have refused to ask the richest in our nation to invest one additional penny. that said, time is short. i encourage all members to work together with a profound sense of urgent and dedication to draft a final bill at equal to our nation steve. with that i yield back. >> thank you very much. we move to representative bishop and then representative boswell. >> okay. is this working? this works. madam chair, i feel honored to be a letter addressed a handful of my colleagues and so many senate staffers today. last night the idea that so many from the resource committee on this highway means that someone screwed up somewhere. i'm a highway portion is a lot of good reforms in the senate version and even more reforms in the house version. the keystone pipeline is an important issue and the restore act, most of which is on this bill as well. they are extraneous issues to bring questions to me as a member of my committee a

whether greece can stay in the euro and the chain reaction could mean financial chaos for your piggy banksstuart varney is here to explain. > >> i give you the news that your pension will take a hit because of europe all over again. it's a chain reaction. there is financial chaos again in europe this morning. today, it's happening right now. the greeks look like they're going to have to leave the euro, spain is under pressure. there's this contagion flooding throughout europe. stock markets are down. america's market is down. >> what do you mean that greece will leave the euro? what does that mean? >> they can't pay, they won't pay. they're not going to get anymore money. they're going to go belly up. they're going to default. they will have to leave the euro. now, they don't hav to. they almost certainly will. that's chaos. no country has done that since they established the euro zone. were they prepared? is there a system in place should this happen? >> no, there is not. i don't know how they leave. will they be forced out, kicked out, will they leave voluntarily? will they default, not