>> wang shi: i think. maybe. >> stahl: you may be? >> wang: yes.not quality. >> stahl: wang shi is modest, but his company, vanke, is a $53 billion real estate empire, building more homes than anyone in china. he was born on the frontlines of communism and joined the red army. but he secretly read forbidden books about capitalism, so that when china liberalized its economy, he rushed to the frontlines of the free market. even he thinks today's situation is out of control. are homes in china too expensive today? >> wang: yeah. >> stahl: here's a number that i saw. a typical apartment in shanghai costs about 45 times the average resident's annual salary. >> wang: even higher, even higher. >> stahl: what does that mean for your economy if it's just too expensive for the vast majority of people to buy? >> wang: i think that dangerous. >> stahl: dangerous. >> wang: that's the bubble, so i think that's the problem. >> stahl: is there a bubble? >> wang: yes, of course. >> stahl: there is a bubble, and the issue is will it burst or not? that's the big issu

shi l she led a government commission.he faced hundreds of protesters at the site in central mee miyanmar. more than 100 people were hurt. the project is a joint venture between a chinese company and company's connected to the military rulers. she arrived in the region wednesday to explain the commission's finding to residents. 800 demonstrators marched on the site. they say the report favors china and the military regime. they say the report favors china and the military regime. she was forced to switch cause. she says she's open to dialogue but residents are still demanding that the project be stopped. >> translator: i'm the one to blame. if you don't agree with the commission's findings, if you want to protest, you can come and stage a demonstration in front of my house. >> she is still critical of the military rulers but analysts say she's showing another side as a politician who is negotiating with the military. they say this stance could cast a shadow over her reputation as a pro-democracy leader. >>> when disaster s

and this indian woman prayed to the hindu gods her whole life, but shi never knew peace until she got an answer she didn't expect. pope benedict xvi bids farewell to the faithful. hello, everyone, i'm george thomas. tens of thousands gathered in the papel square on the eve of his historic resignation this week. the 85-year-old pontiff used his last message to remind catholics around the world to stay faithful to god's word. mark martin has the story. >> reporter: he was surrendered by tens of thousands of the faithful. many pressing in to catch a glimpse of their spiritual leader as he drove by on his popemobile. >> it is such a monumental time. no pope has resigned the way he has done, and it is something we have to see. >> reporter: and then he took the stage, smiling, taking it all in. the crowds responding with long-standing ovations. it was, in many ways, pope benedict xvi's moment to reminisce one last time. >> translator: on april 19, almost eight years ago, i had the certainty which has always stayed with me, of the life of the church coming from god's word. >> reporter: 50,00

kpix 5 news sponsored by the 2013 mitsz by shi out lander sport. >> david letterman is next. >> all rightrrow

it is a government that has never shied away from massively using the resources of the state, the money and the vehicles and forcing and coercing and inducing employees to rally and vote for the president. we are not talking about a normal democratic process where elections are held between two equivalents. >> know, clearly it is very different you were that trade minister in a previous government. what is the state of the economy there now? >> that will be the challenge for whoever becomes the next president. venezuela is now undergoing some adjustments. in order to win the election last year, president chavez just had a massive expansion of public spending. there's a lot of money in the street. people have money in their pockets and things were going well. now, the time has come to retrench. there is a reduction on public spending, on imports. there was a recent evaluation. inflation will be significant, and there are shortages. one of the biggest surprises is that the oil-rich country that imports $56 billion, which is a lot for that size of population, is rife with shortages of very

kpix 5 news sponsored by the 2013 mitsz by shi out lander sport. >> david letterman is next. >> all right. our next news cast tomorrow morning at 4:30. see you bright and early. ( band playing "late show" theme ) >> from the heart of broadway broadcasting across the nation and around the world it's the "late show" with david letterman. tonight... plus paul shaffer and the cbs orchestra. i'm alan kalter. captioning sponsored by worldwide pants and cbs ( cheers and applause ) and now, the "pro" in "quid pro quo" david letterman! (cheers and applause) (cheers and applause) >> dave: thank you very much. thank you. oh, wait a minute please. thank you very much, ladies and gentlemen. welcome the late show and by the way, feel free to help yourselves to a large sugary soda. >> paul: yeah! (laughter) it's official, we can drink all the large sugary soda we want here in new york city. i saw a woman today with a giant soda, honest to god, it was so big it had a pull handle and wheels. (laughter) giant sugary

since a scandal aposes an affair, david petraeus has shied away from the spotlight. all that changed last night at the university of southern california, the former head of the cia acknowledged his fall from grace. it was his first public speech since the revelation of his affa affair. the former presidential short listering with seeking forgiveness and also a possible return to public life. >> and truly is a privilege to be here with you this evening. all the more so given my personal journey over the past five months. i join you keenly aware that i am regarded in a different light now than i was a year ago. so please allow me to begin my remarks this evening by reiterating how deeply i regret and apologize for the circumstances that led to my resignation from the cia and caused such pain for my family, friends and supporters. and know that i can never fully assuage the pain that i inflicted on those closest to me and on a number of others. i can, however, try to move forward in a manner that is consistent to the values with which i -- to which i subscribed before s

thank you in particular those city leaders who have not shied away from real concerns brought forward by the community, affordable housing, traffic, charity care, local hire. thank you, supervisors, for your continued honesty and tenacity to see through to victories and work together with the community and with cpmc to rebuild a real world class hospital. and let me say that that work needs to continue into the future. we can't let this one go. one question you need to keep in mind as a skilled nursing issue and where will the 66 beds that be to be built into the community going? on a final note as a nurse on the bargaining team, cpmc, let us carry this good work forward. let us meet in earnest and sign a contract with the nurses and california st. luke's campus. thank you. >> thank you. next speaker. >>> good evening to everyone. my name is [speaker not understood] monroe, a senior community leader and part-time employee of cpmc as well. before i begin, i would like to thank supervisor chiu and the team for my sincerest congratulations and thank you for working so hard in this projec

we're going to fill you in on the latest cruisenitely not shi. >>> and there's a frightening warningm the fda about the extremely popular type of antibiotic. that z-pack. you go to the doctor, they hand it out sometimes like candy. what you want to know. the doctors are in to tell us about the latest on z-packs. i'm here at my house on thanksgiving day, and i have a massive heart attack right in my driveway. the doctor put me on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. go talk to your doctor. you're not indestructible anymore. go talk to your doctor. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. we've been bringing people fotogether.5 years today we'd like people to come together on something th

bunch of studies they are playing also in the why is that the why the that the nor how to all agree shies the americans or to refrain from the dating the sanctions from numerical confessors them that not one essential and they get into the situations that the hold some vital keys in the other one fires do with dollars or it's funded and the negotiations with the saudi beyond that in afghanistan is already underway saw by the style and the americans as well being understand that without it by just on the side the cannot succeed in afghanistan so therefore it would be just i mean i think they want war on this issue that we would we would all right up by the cards are not to refrain be dissensions yes well this whole way out of time for us thank you very much indeed for your insight i was very good in the live from islamabad talking to us here on r.t. . now one of the google goals made competitors is gearing up for another stock market push for grabs is seven percent of russia's yond x. which is the fourth largest search engine and the world war now from our cheesy war of his there. so you a

then for a couple years he shied away from the word stimulus.very time he negotiated he wanted more spending money? what did he say in his state of the union address this year? he wants to invest which is new democratic work for spending. he talked about spending. what i meant to say earlier he will dangle. in negotiations with the speaker i offer an x, y and z. always in the back room and the whisper show in a budget that he hasn't done because he is not interested in cuts. >> krauthammer sited the president's state of the union address saying he isn't interested in cutting for the country which includes an entitlement state more along the lines of europe. a new survey finds young women care more about their looks and less about their careers. >> vintage. bags. >> the survey asked women ages 18 to 25 to rank the important aspects of their lives. 41 percent said appearance topped the list. >> interesting. these young women also said having great hair and staying thin was more important than renting or owning a home. experts say what do they have

how many people changed their picture profile and what portion of the country shied away from the bandwagondetails next. [ lane ] are you growing old waiting for your wrinkle cream to work? neutrogena® rapid wrinkle repair has the fastest retinol formula. to visibly reduce fine lines and wrinkles in just one week. neutrogena®. uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? . >>> eight teams are left in march madness. by tomorrow night, the number will be whittled down to four. half of the elite 8 plays today for the right to fight for the title in atlanta. in hot lan ta. marquette and syracuse battling now. two big east rivals no know each other well. one famous face in the crowd is our nation's highest ranking hoops fan.

with the new government, with the party congress in the past, now the people's congress meeting with shi jinping taking over as the general secretary, now the president, there are as number of domestic incident iss. we hear about territorial issues with japan. north korea with their most recent nuclear test is just making things more complicated for china. of course china has a security and relationship with the north koreans, the allies. but this has become a hindrance and an irritant. i think china and as evidenced by this resolution that has gone through the united nations i think china is showing their pique with north korea's unacceptable behavior. >> suarez: also home to a new government is seoul, a new president in south korea. is this sort of a shot across her bow? a test to see how she'll react? >> i think most certainly it is. the new south korean president was inaugurated february 25. during her campaign she talked about trying to build trust with north korea and then the first thing the north koreans do is this nuclear test. only days before she steps into office. it's a real

most news organizations shied away from the you be substantiated allegations which menendez vehementlyy reported on affidavits in which one prostitute said she was paid to lie about maine den dez. who are's carol lenick. >> what we now know is one woman who was an escort in the dominican republic have gone to dominican authorities, sought immunity from prosecution for any involvement in a smear or slantder campaign, and have sworn in affidavits that they were hood winked into making a tape of some sort where they recited a script about having sex for money with senator menendez and also a wealthy donor friend of his. >> the daily caller is standing by its story says that they have a prostitute. here's tucker carlson with a somewhat skeptical bill o'reilly. >> i'd say the washington post story is ludicrous. the washington post story was an attempt to take down our story. if you read it carefully, trust me, we did, it doesn't achieve that. they hold up an affidavit in their piece as evidence that the woman we interviewed was lying. we're not mentioning the affidavit. it has nothing to do

the entrepreneurs shi we will continue to create economic opportunities for the people here and for people everywhere. we have spent a good time -- a good amount of time talking about this. as i said in my speech yesterday, i believe there are steps both sides can take to build trust and continue a serious negotiation forward. we are not there yet, but i am confident it can happen, in part because it must happen. iswill be good for israeli and for palestinians. i am very grateful for his majesty's efforts. as it's been true in the past, his majesty will be critical in making steps toward lasting peace for israelis and palestinians. and i want to commend his majesty for his leadership, and i want to commend the jordanian people for their compassion during an extraordinarily neighbors. his majesty was the first arab leader to publicly call on assad to step down because of the horrific violence being inflicted on the syrian people. jordan took a leading role in the political transition to a more stable government. we are looking at strengthening the syrian opposition. we share concerns about

>> well, interesting thing about citizenship is the only time i mentioned the word shies citizen in theis i haven't always been a model citizen. i was a dir little bit dir little bit -- as republicans we need to embrace immigrants and appreciate them. if you want to work and you're in america, we need to find a place for you. my amendment to the bill will be called trust but verify which says we have to secure the border, and that we have to have a report voted on by congress each year in order for immigration reform to go forward. >> neil: how is that -- or is it different from marco rubio's plan? >> it's going to include some of the same things the bipartisan group has. i'm not necessarily in disagreement. i don't think they have a new path way to citizenship, their bill like my bill would say you don't have to go home. if you're been here ten years and you're working, you don't have to go back to mexico but you have to get in the same line as someone in mexico city. if someone today in mexico city wants to get in line to come to our country to be a citizen, same for those we give wor

and then for a couple of years he shied away from the word stimulus.ry time he negotiated he wanted more spending. what did he say in his inaugural address and what did he say in his state of the union address this year he wants to invest. which is the new democratic word for spending. he talked about spending. he didn't talk about cuts. what i meant to say earlier is he will dangle occasionally he will say negoth the speaker, i offered x, y, and z. this is always in the back room in the whisper. show us on paper. show us in a budget that he hasn't done because he is not interested in cutting. >> bill: so i'm glad. because you follow this probably closer than i follow it. but the overarch of my remarks to alan colmes in the talking points memo and to the american people is that we're not being dealt with honestly here. this is about gamesmanship and trying to manipulate the voter to throw the republicans out so that barack obama can impose a far left vision on this country unincumbered with an opposition. is he willing as brit hume said last night on t

. >> warner: these challenges will largely fall to shi jinping who takes over as president. he'll take the reign reins at a time of rising chinese assertiveness in the region and territorial disputes with japan and other neighbors. all that bolster bade defense budget that it was announced today will expand by more than 10% again this year. yet spending on internal security will top defense spending for the third straight year. >> sreenivasan: a late winter storm in the u.s. roared across the upper midwest today, bringing a load of heavy wet snow. the storm blanketed wisconsin and illinois, making for treacherous travel conditions and shutting down schools. chicago was expecting ten inches of snow, forcing the city's airports to cancel more than 1,100 flights. the system was on track to strike the washington, d.c., area overnight where more than 800 flights are already canceled. those are some of the day's major stories. now, back to ray. >> suarez: venezuelan president hugo chavez is dead. the 58-year-old leader succumbed to cancer this afternoon. margaret warner has our st

three years ago when we heard all this crazy talk out there and all these comments, you know, they shied away from it. they didn't want it anger the base that was increasingly demanding. all sorts of excessive rhetoric as a litness test of defining who is and who is not a true conservative. so that our top leaders today hit them like with the -- hit them with the proverbial baseball bat over the head for saying what he said, which is disgusting. i think for a republican, that's a good sign. we haven't seen that when we've had the tom tencrato's comments. >> i want it be sure that you understood, pli dear alex, that i was being facetious. i wasn't being generous at all. >> well can , then clarify that. >> it was meant to be said with a sarcastic tone in my voice. apparently i'm a terrific actress. i too, i said, i relate. well, it was meant to be ironic. >> so let's talk about that though, rita. steve brings up the point that republican party has some very, very strong language around hispanics, illegal immigrants. herman cain running for president and at one point in the lead in the poll

. >> did you ever get to ask in the 18 interviews if shi thousand dollar thought she made a mistake orlution to allow us to go to wore? did she ever say it was a smart or a bad decision it? was a big issue in her election with obama. >> it is a big issue. i didn't ask her than during my 19 interviews. were very much looking forward. but she did address that herself in many of her statements. i think that what she does very much is keep looking forward and trying to figure out a way of moving forward for the united states. >> anyway, thank you, kim ghattas. i'm sure it's a great book. it's called "the secretary." i'm sure everybody watching this show loves hillary and wants to read it. >> it's a fair and accurate assessment of her tenure. >> just like us. >> absolutely. it's hard to turn off and go back to sleep. intermezzo is the first and only prescription sleep aid approved for use as needed in the middle of the night when you can't get back to sleep. it's an effective sleep medicine you don't take before bedtime. take it in bed only when you need it and have at least four hours left

. >> i want to bring sister simone back in you've not shied away from the media covering poverty andway that's moved a lot of people, whether or not the politicians are listening to you. but for your church, the other thing the media has fixated on is the scandal and the hard-line position on social issues that we have to assume that pope francis shares. do you think there's a chance for the church not to just make this push on poverty and the things you've spoken so passionately about. but could the church reset itself on social issues? soften its image in terms of women, in terms of the way it looks at gays and lesbians. is this a chance for that kind of reset, too? >> i don't know what they're going to do doctrinally and i'm not in that loop. but-day believe when we read the gospel and we see where jesus went, jesus was always with those at the margins of society. and all were welcomed. he welcomed everyone who hungered to be part of community and to live in love. love was his greatest message. so i think as we have newly leadership who sees the connection between the gospel and t

shies of the highs of the afternoon, but up and the s&p 500 up there as well. >> frankly, i'm a "trueod" guy. but the major averages need to hit these levels, i think we've written them down. if not, listen carefully. for the down, it's 14,514.11 and we have to be up 92 points to hit that number. for the nasdaq, it's 3249.07. we have to be up 26 points to hit that number. and the s&p needs to be at 1560.70, we need to be up 14 points for that number. >> and let's see if we can do it. in today's "closing bell" exchange, we have michael, lee munson from portfolio asset management, and our own rick santelli. good to see everybody. peter, what do you see in this final hour here in terms of flow? how do you think this market goes? >> for the close, i'm still seeing it for sale, but i don't think that's going to mean anything as we move forward. i'm still trying to wrap my arms around the wheat grass sandwich i had to lunch as opposed to that last segment. >> the bacon taco. >> no, i think that it's very possible. i don't think there's that much, really, it won't take that much for the mark

and so it's just, i think, not difficult to imagine a kind of sunni shi identity conflict stretching from the iranian board never iraq going through iraq, going through syria and into lebanon. and it's basically already happening. i mean the syrian civil war is already begun to spread into iraq, it's kind of reigniting the sunni shiite tension there. you can feel it in lebanon already, the prime minister just resigned there. so there's-- it's kind of what they call the shiite axis that kind of moves across the middle east. and i think that's a fault line. it's just cracking open. >> do you see that? >> no, it makes me think of sort of, i was talk together furks the other day, of course they're really worried about this but they were talking about afghanistan and kind of the possibility of the wider conflict there. and they are very involved. they are involved currently and they're very worried about the kind of broader escalation of afghanistan. i'm not sure what potential there is for broader problems from afghanistan or whether it's actually kind of contained turmoil, if there is a

. >> in iraq, a string of bombings targeting shi-ite mosques killed at least 23 people on friday.re were wounded. the attacks happened in baghdad and the northern city of kirkuk. the explosions hit outside mosques where people had gathered for friday prayers. this comes amid a rise in violence across iraq as the country prepares for their first elections in three years. >> the body of a fallen marine is back home in the bay area. lance corporal sara castro- mata. who is from oakley. was killed last week at a marine base in quantico, virginia. officials say, a relationship dispute could be to blame for the deadly triple shooting. here are photographs of 19- year old castro-mata. she joined the marines in december 20-11. last month, she was promoted to lance corporal. both the accused shooter. and castro-mata are from the bay area. her accused killer. sergeant eusobia lopez. is from pacifica. he committed suicide after the attack on castro-mata and another marine. >> labor and business leaders say they're close to a deal for a new low- skilled worker program. disagreement over the c

alli bell shi joins us next. no no no! not today! ha ha ha! ha ha ha!undreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. -free is good. -free is very good. capella university understands bright students are getting lost in the shuffle. need. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. >>> from the cnn money newsroom in new york, i'm ali velshi. your money, huge anticipation for the launch of samsung galaxy s-4. the s-3 briefly outsold iphone last year. the new version of the s-4, the samsung galaxy is going to be unveiled tonight in

chuck schumer never met a regulation he shied away from. what is next?cts the ships. you have the coastguard that inspect for safety then you have an international set of standards that regulates these ships and puts rules in place so they have standards to abide by. second thing, you made a great point, a lot of people can't afford to take cruises. this is leisure industry. this is situation where people enjoy their cruise for six days and mishap on the seventh day. i don't feel sorry for these folks. i don't think there should be increased regulation. i think the federal government has better things to do with its time and taxpayer money than getting involved. >> heather: but people pay to take vacation so they do have a right to have a nice trip. what needs to be done about it? >> as i said, to some extent i do agree. i think we got bigger fish to fry right now. the only thing i would suggest that would force the cruise ships to be more up front with people to let them know. the fact of the matter, if people knew how little rights they have on these v

historically, monster and most other energy drink manufacturers really shied away from classifying their because if you are a beverage, caffeine is a food additive, which then would have to meet, under federal law, the generally recognized as safe. which means it has to be a general consensus of scientific opinion that the product is safe. and that is a burden that's on the manufacturer. they've never had to show that, and by classifying it as a dietary supplement, they escaped regulation totally. so from our perspective, this is a step in the right direction, and now the impetus is going to be on monster to demonstrate that their product is safe. we've asked them to do that. and unfortunately, they haven't. and i think that what you've seen is, there's at least 18 nationally recognized scientists that have wrote to the fda, to say, there's not that consensus of opinion. >> and that's basically because these energy drinks still have more caffeine in them than you can find in sodas, right? >> well, that's a piece of it. if you look at fda regulations, they require for cola-related drinks,

and they would say, i think you shi take it seriously or if i were you, i would go shop somewhere elsehere is a lot of buzz around this name to cardinals? >> with the american guys, you can use phrase like buzz. >> what is the italian expression for buzz? >> some noise around this name. that kind of thing. or find the french or portuguese, whatever. the second, you look at what other reporters are doing and you learn over the years whose byline you can trust and whose you can't. third thing, you listen to what the cardinals are laying out in terms of what they think qualities the next pope needs to have and match that against bios and you try to see if you can discern who they're talking about. as i said in my post today, this is a mix of old-fashioned recording and reading the tea leaves. >> one cardinal was published as saying that the names that are in contention -- the names out there are the names that are being discussed. >> cardinal francis george of chicago said in his view, the main difference between 2005 and this time, he feels this time the na -- last time the names being f

shies at a spa being well taken care of. she'll be back monday.is laying sick in a motel six. and chris is lifting weights and hiking with his shirt off if instagram is any indication. we'll be back with more after this. @halsparks on twitter. follow me there. >> as it turns out the revolution will not be televised. it's on the radio. it's the "stephanie miller show." now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? [ male announcer ] to many men, shaving can be a sensitive issue. but take comfort. it may not be you; it may be your razor. upgrade to gillette fusion proglide. our micro-thin blades are thinner than a surgeon's scalpel to put less stress on your skin by gliding through hair. switch to fusion proglide. number one dermatologist rec

they have shied away from it and squandered the opportunity. >> i talked to samsung, and their executivesthe broader market is starting to slow down a little bit. they are really targeting the enterprises a lot harder. >> i knew during the super bowl their ads, you know, enterprise is an issue when in the super bowl ad there's a moment when a character references security, right? which is what happens this the ad. she says it has such and such security measures. that's a shot across the bat, which for a long time had been blackberry's bread and butter, right? >> definitely. >> the security that an it manager would want to maintain. >> they are really more voeal about it. during the oscars they had six enterprise focus commercials. and that's something you definitely want to see from samsung back in the day. >> so for you it sounds like a short term ceiling on the block. >> i think until they prove something, it's going to be hard to get that stock moving. for novelty sake or for the sbe l intellectual sake, paint a picture of what it will look like. the mission shrinks, it goes for a very

too many people shied away from it. the other really difficult part about this is that in the military when there is an aviation mishap, for example, which is my background and my assumption, you know, the whole time i was like, really? we're supposed to be doing this. but the flipside to that is you get an outside organization, another squadron, another, you know, somebody from a different unit comes in and does the investigation. because, let's face it, it isn't very pleasant to relive the last minute of the crew's life over and over again. so we have, unfortunately, did not have that option. and i think in this really small community that's an important thing to remember. one of the things that we did when we started with the crew survival investigation was to start with challenger data. and what we found is it was incredibly hard to find. there was, actually, i was taken to a warehouses at jsc and shown boxes upon boxes of papers that were stacked together. and the spread sheet, of course, the time they were catalog