account, for you, doing a roth is even better.ecause you're allowed to do what's known as catch-up. you can do an extra $1,000 a year, at $6,000 each year into a roth account. and i would do that for these next five years. >>> when military personnel are deployed overseas, often they leave behind a spouse and children who suddenly are having to deal with money issues stateside. i had the privilege of sitting down with one couple that's getting ready for an imminent overseas deployment. >> my name is private kevin lights and this is my beautiful life, amanda lights and this is our 2-week-old son, hunter lights. i'm facing a deployment in about two weeks. >> how can i be of service to the two of you? >> i have a question. i know with the way the economy is and banks sort of changing the rules as far as things go. are there any banks still participating in the soldiers and sailors relief act? >> they don't have a choice. they have to. now why is that relevant in your case? >> my husband is deploying to north iraq in the next two week

although i was talking with a young soldier about doing a roth account, for you doing a roth is evenause you're allowed to do what's known as catchup. you can do an extra $1,000 a year at $6,000 a year into a roth account and i would do that for these next five years. >> that's the kind of information you'll get on operation clark smart. you can watch this special presentation at 6:00 a.m. noon and 4:00 p.m. eastern saturday and sunday right here on hln. >>> made headlines with that runaway balloon, now these parents are going to have to face the music. >>> richard heene, the man blamed for the infamous balloon boy saga has been booked and released after voluntarily turning himself in to face charges. he faces a felony account of attempting to influence a public servant. prosecutors also announce add charge against his wife mayumi today for false reporting to authorities. that is a misdemeanor. the heenes will be appearing in court today. their attorney says the couple will plead guilty as part of a plea deal to keep the family together. they may face jail time but the attorney says

and although i was talking with the young soldier about doing a roth account, for you doing a roth istter because you're allowed to do what's known as catch-up. you can do an extra $1,000 a year at $6,000 each year into a roth account. and i would do that for these next five years. >> hey, watch operation clark smart this weekend at 6:00 a.m., noon, and 4:00 p.m. eastern right here on hln. >>> hey, get ready for a food fight at the white house. oh, yeah, the food network plans to tape an episode of "iron chef american" there and they can use anything found in michelle obama's vegetable garden. the top chefs will face off against the white house chefs. can't wait to see what happens. >>> well, these ladies might not be the first people you'd choose for your basketball pick-up game, but they probably should be. meet the globe trotting grannies and their age-defying moves. >>> plus, these familiar animals are almost impossible to recognize. what is this? scientists are scratching their heads now over how these bears went bald? >>> hey, check this out. look who we have in our studio. it's

next thing, you do the roth account. and then after that, you save for other things like -- well, a kid's college education. >>> danielle, how are you doing? >> caller: i'm good, how are you? >> good. now danielle, when did you get this personality? >> caller: i found out about it this week. >> somebody has flattered you in a way that no one wants to become flattered. they have become your clone. >> caller: they have. >> is it a credit card you already had? or is it a brand-new one out of the blue that you heard from that somebody was pretending to be you? >> caller: it's about ten of them so far. >> no, really? >> caller: really. and they've gotten my social security number and my birth. all that information and are opening up credit cards under my, my person. >> so this individual has been a human wrecking crew. >> caller: right. >> in that they have already -- think about all the effects here. they've opened ten credit cards as if they're you. they have trashed your credit score. because suddenly you have all of these

you can do an extra thousand a year at 6 grand each year into a roth account. and i would do that for these next five years. >>> when military personnel are deployed over cease, often they leave behind a spouse and children who suddenly are having to deal with money issues state side. i had the privilege of sitting down with some one couple that's getting ready for an imminent over cease deployment. >>> my name is prif lights and this is our two week old son hunter white. i'm 21 years old and my wife is 19. we're facing a deployment here in about two weeks. >> how can we be of service to you? >> i have a question. i know with the way that the economy is and banks sort of changing the rules as far as things go, are there any banks still participating in the soldiers and sailors relief act? >> they don't have a choice. they have to. and why is that relevant in your case? >> my husband is deploying to iraq in the next two weeks and we have a brand-new 2008 truck that has a very high interest rate, in the near 20s, 20%. >> you don't? >> he -- >> what from you think

>> 33. >> you would put the money in the roth.you've got to leave it in there for 26 years, but then everything that you have is your money to spend dollar for dollar, government is out of your life on taxing it. >> all right. you can watch operation clark smart this weekend at 6:00 a.m., noon and 4:00 p.m. eastern right here on hln. >>> disney's profits are up. so are abercrombie & fitch's. jcpenney is doing even better. all that has boosted investor confidence. the dow is up 69 points at 10,265. we'll keep you posted. >>> you've heard of knock-off bags. how about knock-off animals? why folks are flocking to see these fake zebras. >>> no military try bunal for the five suspects of september 11th. we'll tell you where they're going on trial. it has a lot of people outraged. we're wondering if you're one of them. your views on this story coming up. >>> also, a north carolina man admits to kidnapping 5-year-old shaniya davis, but investigators, are they any closer to finding this little girl? >>> plus, renowned author and the master

you can do up to $5,000 each calendar year in an account called a roth.ings vehicle because you put in this money, this up to 5 grand and if you're married you can do five and five. you don't have to do five. that's just the ceiling. you put money into this and listen to this, you never get taxed on that money. everything you earn on it tax free. when you spend it, you spend it tax free. you can take money you have in savings, whatever it is, put it into a roth account and the tax free advantage over time is gigantic. now, when are you allowed to spend the money? when would you guess i'll let you spend the money? >> that was my next question. >> how old are you now? >> 33. >> so you would put this money into a roth and you got to leave it in there for 26 years but then everything that you have is your money to spend dollar for dollar government is out of your life on taxing it. >> you can watch "operation clark smart" this weekend at 6:00 a.m., noon and 4:00 p.m. eastern right here on hln. >>> in her upcoming book, sarah palin has a few choice words for c

account, for you doing a roth is even better because you're allowed to do what's known as catchup.account and i would do that for these next five years. >> as we mentioned, clark howard serves in the georgia state guard and this weekend you'll see him serving our troops. clark and robin meade of hln's "morning express" teamed up to help them save more, spend less and avoid getting ripped off as you saw there catch this special presentation at 6:00 a.m., noon and 4:00 p.m. eastern saturday and sunday. >>> some of country music's biggest stars came together and took pot shots at rapper kanye west. wait until you hear what they have to say. y8

account for you doing a roth is even better because you're allowed to do what's known as catchup.you can do an extra thousand a year at six grand each year into a roth account and i would do that for these next five years. >> you can watch operation clark smart this weekend at 6:00 a.m., noon and 4:00 p.m. >>> her son was killed while fighting in iraq and every year on his birthday since her death this mother remembers him in a unique way. y8

you can do an extra $1,000 a year at $6,000 into a roth account. i would do that for these next five years. >> don't miss operation clark smart this weekend at 6:00 a.m., noon and 4:00 p.m. eastern. >>> it's not that unusual for a man to go bald, but a bear? what's making them lose their hair? >>> a missing baby's ordeal is finally over. there she is. why the recovery of this 7-month-old girl is making grown men cry. >>> and when it comes to money and the economy, how much information is too much for your kids? as we head into the holiday season and just in general, your views on being honest about your bottom line. >>> also pop star rihanna is speaking publicly about the domestic abuse she suffered. why she's reminding young girls that love is so blind, quote. thanks for being with us. i'm christi paul. you're with hln "news and views." always good to see you. let's talk about this just incredible story, a 7-month-old baby girl missing for five days. that is her in the arms of the sheriff there. she's in protective custody now. shannon dedrick was

you've got to set out on your own to save money, and my favorite place, a roth account. it done, or else you'll be broke later. i'm clark howard. for more of my opinions about how to fatten your wallet go to cnn.com/clarkhoward. >> he's the dude to teach you how to stave more, spend less and avoid getting ripped off. catch him noon eastern on saturday and sunday right here on hln. >>> check out this high-speed chase with a suspected bank robber in north carolina. police say that he tossed the money out the window. well a truck eventually helped box him in. the cops caught up with him. officers say at times he was going up to 120 miles an hour. >>> late last night there were three employees from a store that burst out the front door. that escape began a standoff that lasted for hours between police and two armed men.

s, not roths. we've had them in cds, and as you know, they're not paying much right now. >> the money in the i.r.a.'s, is it money you'll need in the next few years or never? >> caller: yes, we want to live off the income from the i.r.a. >> starting how soon? >> caller: we're starting to eat into the principal right now because of the low interest rate. we're looking at these self-directed i.r.a.'s that supposedly you can put real estate in them. >> that is something that just freaks me out. >> caller: they are scary. >> what are you thinking of doing in terms of real estate? are you thinking of owning real estate inside that ira? >> caller: yeah, buying a condo in a resort area that you can rent out. >> owning an investment property inside an i.r.a. really costs you in so many ways, because real estate is best owned in a taxable way, because there are so many tax advantages to owning it. you know, in an i.r.a. -- and if you have somebody handle the self-directed aspect of you actually owning activ

i mentioned philip roth before. he in addition to winning national book award has won a putative. i received a letter this year from the putrid committee informing me that i was not eligible for a pulitzer prize. now i don't know if you're beginning to see a theme developing here, but for the writers in the audience you have probably figured out because you guys deal with themes every day in your work. but for the ages, let me bring you up to speed four-minute. the theme here is disrespect. [laughter] >> yes. in the world of literature, i am not respected at all. and you know what? i don't take it personally. i know it is not a comment on my talents. it couldn't be. could be a comment on that. i think it is a comment on the genre that i write in. do you know what the word genre means? okay. because if you don't this is going to be a long evening. [laughter] >> i write in the comedy genre, and that as genres go is not taking seriously is not taken since because as timmy is where to make people laugh. i have to write in a different genre so i can start racking up some of those prize

next thing, you do the roth account and then after that you save for other things like, well, a kid's college education. daniel, how are you doing? >> caller: i'm good. how are you? >> good. when did you get this duplicate personality? >> caller: i found out about it this week. >> so what we're talking about here is somebody has flattered you in a way that nobody wants to be flattered. >> caller: that is correct. >> they have become your cologne? >> caller: that is correct. >> and is it one person or -- >> caller: it's about ten of them so far? >> no. >> caller: really. and they are opening up credit cards under my person. >> so this individual has been a human wrecking crew and they have already -- think about all of the effects here. they have trashed your credit score because suddenly you have all of these new lines of credit that have been opened everywhere that you had nothing to do with. what solves the problem and you're even allowed to do this up front in all 508 stat states freeze your credit fund. once you freeze your credit, which you can go online and you can freeze all th

when you look at richard roth's bomb where he discusses the cuban missile crisis, he says that we could have had nuclear winter with either of them getting their way. >> ambassador wolfowitz? >> first, a clarification. i did not try to explain the demise of the soviet union. it is too difficult to do. i was quoting one russian. i suggest because he is a courageous and impressive russian does not mean he is right. when you try to explain saddam hussein, you have multiple things at work. something was published about 10 years ago called "the strange collapse of the soviet empire." you read the articles and everyone of them is possible. i am not talking about a single- dimension explanation. i do think there's truth in that, i just do not think it is the whole story. i wanted to get on the question of the uses of history. you quoted me in your article. i think the context is missing. [laughter] a friend of mine who was innocently set up into the iran- contra mess was that his lesson of government is to not take notes. i think my lesson is to not give interviews. what i was saying is that i