the shoeshiners are having a harder time than ever, but as richard roth explains, they are more than determined to keep business from walking away. >> look at your shoes. how long are you going to ignore that? >> reporter: if your shoes are scuffed, you can bet don ward will let you know. partly because the recession has roughed up the shoeshiners. >> the way the economy is now, it's fallen off bad. >> shine men like ward have adjusted their style so customers will warm to them. >> i initiate the contact and have to work harder because, yes, people have gotten away from doing their shoes because we're a society now of me, me, me, now, now, now, press a button, it's there. convenience. >> reporter: new york city is turning into the city that never shines. >> you need to clean those. >> he's very compelling. he's funny. i see him all the time. but as far as going and doing it, i'll do it at office, at the building. it's easier. >> people don't get their shoes shined anymore. >> reporter: grand central terminal provided shoe shine stands to almost eight shoe shiners 20 years ago that nu

richard roth, thank you so much. news there from the united nations. >>> still ahead here, new details emerging about that crucial moment in the raid that killed osama bin laden. we're going to tell you about the split-second decision that changed the course of history. >>> also later, have you had heard peter parker's out? brand-new details on the spider-man. >>> and alison kosik has a check of your stocks and perhaps finally a positive sign? mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. >>> let's talk jobs here. more bad news today on the unemployment front. job recovery slowed for the third month in a row. more than 66,000 planned job cuts were announced in ju

economic advisor to tackle the fans of the financial system but american economists and radio host richard roth says the measures the government is take undertaking are insufficient. for two to three years and president obama has been saying that his program to deal with unemployment is to provide incentives in stimulus for the private sector to hire people that clearly has not worked and what we need is to have the courage to break in there and have the government really do something for ninety was throwing up his hands and saying well we'll just wait basically and hope that the economy comes back which in a basic way has been the policy now for three years and the fact that it doesn't work seems not to be a sufficient frightening prospect for these politicians and leaders to do something but i think they're making a terrible mistake because the costs of this delay of not doing anything are very very severe and are impacting the majority of the american people in ways that are going to have impact on our country for years into the future it's the desire of those who have made a bundle over the

how long will the volatility on wall street last year for some answers i'm joined by economist richard roth professor of economics emeritus at the university of massachusetts amherst visiting professor at new school university as well as the author of numerous books including capitalism hits the fan it will economic meltdown and what to do about it richard welcome. thank you for inviting me great great to have you back with us sir why does a scene like the market always swings at least recently in the range of four to five hundred points is that by any chance just big enough for big investors to make the most amount of money without pushing the envelope so far that they're into dangerous areas of risk. well there's always some of that but i think something more fundamental is going on basically we've been in a crisis now since the middle of two thousand and seven between two thousand and nine and earlier this year we had what we called a recovery but the truth of it is the only things that recovered were banks insurance companies big corporations and the stock market they dominate the gover

out if that is even possible richard wolffe economist and radio host of the economic update with richard roth that's on i ninety nine point five and saturday's at noons of be sure to check it out thank you for being on our show so my first question just because it happened today obama's tap this new guy alan krueger as his new economic chief he replaces austin goldsby or will he's touted as a labor economist at a time when obama is about to roll out what appears to be a new jobs plan we're anticipating do you see this is any real change in the administration's policies though with this new guy. i'm afraid not. it is nice to see an economist rather than a business school professor which is what goolsbee was but the mr krueger professor krueger has been to be kind to him a rather than the. economist over his lifetime he doesn't take big chances he stays pretty much in the middle of it would be highly out of character for him to break with the president or with what's been going on and unfortunately a break is what we need for two to three years now president obama has been saying that his progr

i'm going to bring in richard roth and richard, easy question. has a decision been made?> the meeting has just started. there's heavy pressure on one country, south africa, which diplomats say has been the lone holdout. the plan is to release $1.5 billion in frozen assets. this is money that was held when the security council passed that resolution to denounce gadhafi when he was oppressing his own citizens. now the situation has changed on the ground and they want to give that money, plus the libyans on the libyan transition council, they're asking for $2.5 billion in additional aid. there's a lot of money going on. the key is to get some stability for the people of libya after all of this chaos. >> richard, let's check back in with you as you mentioned that meeting just began. when it is finished. i definitely want to check back in with you at the u.n. for now, we'll let you go. richard, thank you very much. i want to get to mike baker, joining me again today. former cia covert operations officer. mike, okay, first i want to -- let's juxtapose what we're seeing in terms

richard roth live at the u.n. with some answers., international criminal court issued arrest warrants for gadhafi months ago. what are they saying today about moving forward with the case against him? >> there's many aspects to the international system and the international criminal prosecutor maurice ocampo spoke with officials by phone to go over is the next stop for moammar gadhafi if apprehended the hague to face charges, the arrest warrants against gadhafi and his son, the intelligence chief? that is unknown whether libya will set up its own tribunal or gadhafi will be sent to the hague like milosevic or charles taylor though it's quite slow there. ban ki-moon in effect warning or reminding u.n. member countries of their obligations to live up to this international criminal court treaty system where he can't be allowed to really stay in a country if they're a party to this international criminal court system. gadhafi could be seeking refuge elsewhere. brooke? >> we heard and i took note of the president speaking earlier mention

as richard roth tells us there's another part of the human face that benefits as well. >> hey, what'sreporter: sometimes you only hear the truth from friends. >> you notice anything. >> your teeth. >> yes, i saw them from outside. ♪ when you're smiling, when you're smiling ♪ >> reporter: when subtlety is the casualty in the quest for self improvement. when a satisfied smile looks more like a cheshire grin, the blame these days goes to bad design. the artistry in modern dentistry is in a smile that's hardly noticed. ♪ when you're smiling, the whole world smiles with you ♪ >> we made the central teeth a little bit longer than the lateral. >> reporter: this miami dentist says when a patient tells him his work has been ignored, he's pleased. >> i love it. my family hasn't said anything. nobody noticed. they said you did something. we don't know what you did. i said that's a great compliment. >> reporter: as you would expect at a clinic calling itself the institute for age management and intervention, barski's dental practice sees patients wanting more than just a drill and fill. >> i have

here's richard roth. >> your shoes. look at your shoes. how long are you going to innor that, sir?ou can bet don ward will let you know. partly because the recession has also roughed up the shoe shiners. >> this economy the way it is now, it's fallen off really bad. >> reporter: shine men like ward have had to adjust their style so customers will take a shine to them. >> i'm actually initiating to keep it alive. and i got to work a little bit harder because yes, people have gotten away from basically doing their shoes because with we're a society now of me, me, me, now, now, now, press a button it's there. convenience. >> reporter: new york city is turning into the city that never shines. >> you need to clean those. >> he's very compelling and funny and i see him all the time. but as far as going doing it, i'll do it at the office at the building. it's easier. >> people don't get their shoes shined very often anymore. >> reporter: grand central ter nall provided shoe shine stands to almost eight shoe shiners 20 years ago. that number has dropped to three. >> it certain lly was a bu

. >>> we want to go live to new york where our richard roth is standing by. ard, give us a sense of what's happening there in manhattan. >> basically here, this is lower manhattan in new york city. and certainly, a jittery place. ten-year anniversary of 9/11 coming up. everyone very sensitive. there are subway lines, underground trains running. when i felt this, i felt that's a little bit shaky for the number 6, 5, 4 running up the lexington avenue line. when other people said did you feel that, i think it was a quake. it was a much wider scope. we've had a major evacuation of all of these buildings here. we've talked to several people who described what they felt. >> bunch of people from the office, take the stairs out. we all decided to follow and get out. downstairs in the lobby. >> i was on the floor, i thought i was woozy because everything seemed like it was moving. i realized it was an earthquake. >> so everybody just started coming outside? >> yeah. i went to the hallway and they said we had to go down the stairs and evacuate. >> have you been in an ea