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but first, we get to our correspondent inapan, where the st of living is sky high.ele who li in japan don't need to be told it's an expensive place to be an expatriate. rand is high. it costs t same to ha a car parking spa in this city as the be to have a whole apartment in some other places. food is expeive. is supermket behind me, a watermon is $15 ana man go is $25. with ficial confirmation that tokyo is the world's most expensive place to be an extriate, japan's otr great metropolis is at no. 2. one reasonhy is the relive strength of the japaneseen. it's seens somethingf a safe haven in the global financl turmoil. but that is bad news if you happen to be paid inollars or pounds or euros. >> this is melvill in johnesburg. according to the surve south africas one of the cheapest places in the worldo live. . ta this restaurant. just under $4. along this street,ou can buy a beer for just under two dolrs and a bottlef wine for eight or $9. by internationaltandards, food, drink, andating ou is prettyheap. but it is impoant to bear in mindthe normal cosof ving has gone

rules of liteness. rough st ofamerican histy, presidential candidates didn't run f fice. they didn't do daes of self-promotion otr things were to be calm and others were to besteady, not to sort of barf your emotions all over the screen. >> t you think back obama may haven impact. talk about it some pele in american life are jst naturally gnified. rack obama embodieall the qualities digty. he's vry calm. he very measured. he'sery reticent. it's most uniginable to be the guy's going to get into a personal scandal. u may agree or dagree with one policy, but i think he takes theules of dignity and he brings it modern. makes it ive for a new generation. so whatever you think his po policies, i thk it's going to ha a big impact on the country. >>ou left out johnnsign an his father's paynt to his mistress, but i guess the question is sort of as we watch this lackf dignity in washingtonndacross th couny, what's happened? >> you know, all thre of us spend a lot of tcovering policis. i don't kn about you guys, but they'r

so, at a crossing, of the st. francis they split into these groups and rogers and tending to go down east, some back around the bay and thale headed out and could have proved to be a big mistake. soon and of they reached the point where rogers forced the spurs. his guts reputes this signs and counterparties that had set up. "you dividing its own column in surging with the energy he began hunting to haunt rangers in earnest. two days after rogers broke up his command the men overwound dunbar killing both lieutenants and five men and taking three prisoners. eight rangers fought their way out as the indians held retribution and stripped and mutilated the bodies pitching the unrecognizable corpses into a nearby pond. eventually the survivors fell in with rogers. nearly the same time demoss ran down the connecticut regiment and his detachment. despite his men to eagerness to strike he divided his time. we its see avery's group had gone beyond the limits of their resources. the men stumbling along eyes fixed on the groun

hoein,n tryç tonderstd e meaning of g, i've beeki toifferent theians t st of th are from the christianerdinary lage t islic relion, all it mns both e one persal god whom we wor d to wm weray, kehrtis d wst also that mepe i willot ierso metapeoñal fite rli abte ricis even abe be >so, it's not st sreme being, it's non-being, beyo tt, a bond being, ich wderful term. >>exactly. it the bd beg. >how do we interact with t or maybe we don't d at theoint. >>e word "act" wldot apply here. nor would the word interact,bee iñtectlrea implies a ality. wee ter - oñe g ac añd the her ac -t at level u ve tceed the domain of ality. the graeu of iam relatn is relation of 99 mes revealed in e koran which g rself tse for example, gods infini merciful. so when we thi of d, we thinkf niteercç. god is thell-good. god is buty. e preme beso a be reflects his be god llower d fo alsoamesich pearegate tos. for exple,otnly g e giver of life, bute's also the ter of life r of dea.not is heerci t helsa so the diviñe names are in whi first of all mental we grasp certain alities ciated with g. but chore that are ke r th

. >> even the families are paying that 47,5 whi is a lot of moy are only paying about half of the st of yaleducation. >> chaie: what have you learned othe ground about the acevement. >> well,ou know, it's so hard to measure these. assessing kids for admission and how to measu their likelihood of scess at yale, it's very ha work. >> charlie at the end ofhe hard work, what haveou learne >> we do our best. what do we learn? we do learn that test scores matter but not -- theifference between somody who gets 1480 an 1680 out of600, youan't, that doe't mean very much. i mn you know, abe a cerin threshold you're very cable of doing the work. but if you come to yalend your te scores are 1100, there are none at that level but you would struggle. would be very hd. >> crlie: to mak it. >> yes yowould have a hardime keeping up with your mass caulates. it crude indicator of ctest. >> charlie how have the students chaed. >> it' amazing. because when we complain about secondary education andalk about l these statistics about how we're falling behind, most european cotries, korea and japan. >> charlie:

>> sure, there was a whole st of... not necsarily invad other countries butto target terrorist netwks in difrent placesround the world. rose: like what other untries? you an bomb the or what did want to do? >> he was re selective kds of attacks using special operationsorces. and that also bame a focusf his efforts, whi was to beef up the speciperations command and form these teams that the... >> ros they were neve very success... they were very successful in afghanian. >> initially yeah. >> rose: the c.i.a. and special forc prevailed in kicking out e taliban. >> thas right. >> rose:t is said this about him. one is that wanted to get into iraq and get out fast. he had no stomach for a w beuse he had other hher agenda ems like transfoing the military. two, that he thought that th woulbe able to do that and so therefore had no understanding of t problems that came after the initi attack was very scessful. and therore he was caut unaware of wha to do. and that's when he said tuff happens. there's also the perception that he

the chair of st.et. >> rose: (lahs) >> which is to say if the pope makes a pronouncementnd you're not clr on whether you're bounby it or not you don't have to co out and say "i'm absoluly bound by it" but you ha to take it seriously. you have t digest it and reckon wi it and so on. but that's so of a mal you mouth answer, iuppose. rose: (laughs) ... mealy mouth awer, i suppose. a preme courtonfirmation hearing where i'll deny that... i'll s i'llesign from the "new york time op-ed page. it was kennedy, right? kenny said "i'll resign the esidency if there'sver a nflict between my duties as a catholic and myuties as esident of the united states rose: he basally said "i don't tell the church what to do and they wilnot tell mehat to do." this is wh somebody wrote about you. you are a late 20s puic inteectual with a senbility of 60ear-old the range of hitchens and t page a.j. taor the historian the consence of lier and the inllectual honesty of andrew sullivan. >> rose: who said that? >> don't know. but i g

the rar s beendry all day toda it habeen dry for st of th moh. while e abavage we are actuly well low erag for the ntofju. itoks like we'll starto e it. we a gog to drthis eving. a feou t thce of rainoenot come into play l r th week. 57 degrees this morning were atdeees t back in 62. prty old recother todawe ly reachighof 81 degrees. you can see 7 degrees w thatrage of 88. ilart togeback up e noal mperatur. we'll be a lile bit waer than have been. we are defily not eling it r in york. only 79 this ur haeer. so fortonight ing nely cooaslastnight. clouds ilng up acro the area wi heto inlate the atsphe. we arnot ing the ha th raatiol cooling. ght arnd 60 deees. if u'relose to thit willbemorelikethe mid-60 withtemperatures warming to the w 80s. we have a low prsure systemth iswhere the sterly ndare comingfr and that wre the cloud cois cong fas we. ardeg with upper level gh. thatwill be pushg its way towardthe mid-atlant we th is e the chce of inomes io pl. we denite need at rain. oulduse a littbiof rain. loo we'll se ance of it ery dath week. it comes

all the republican self-destction this summer is thathas been all of these pple from the very same st of of the party. these faly vals conservatives, ensign and saord and palin. i don't feel like '90s politics e going to come back. i don't feel like they be a family values party anymore if only just because all this embaassing hypocrisy. but i don't lieve that right-wing republicanism is going to go away. that if they lose the family values platform, whado they run on instead >> you see it most of al sarah palin, is th sense of grievance against the elites starting with obama, b then the mainstream, soalled mainstre or liberal media. and also the elite of th republican party. they don't really ke people like mark mckinnon, for instance. and so there is this kinof populist, any thing going on. a lot of it focused onbama, but there's a following for . and it'separate from the me-sex marriage, abortion, those issues. it related to it, but it's different. d that's the note palin's been hittin wh st of policies would a movement like that support? >> nothing good. i mean, it really --he only l

. >> repts offa t, eensprinlley roaat brooklawn road st of par heights enue 5 d the rkwa running smoothly we be right back. >>it'saken off in a g way. twter. >> yobelievam artists al want a piecof acon. jostn plains h they are using itter to put a ne sp on somepotential schemes. at is thiseek'"scam alt. >> report: 's a ght that haken tion by storm. ituse has exploded a wi every eet potentl sc artis sedollarsign that is whythe beer business reau iswag malaers aboumoy-making schemes tied tothis social-tworking juerna. get the id can ma moy me just being rt of business. >>porter: and angie baett saey get that ia fr web sitethat adver opportunities to make bdl of sh posting tweeso claim you'll ke hundreds, ev sand wh a ttle he om your mput. but the sa many the ar just d rk me games witha new twt. anythingouscrtists weab to do withmafa and the mo on to email they withwi. >>reporterin so cas e bo letters say yollet a fr l, n't y anmoney the beer business re says thfine int ten s u'll end up payingg chargemonth after month if yot cael after gettineihow-toides or cdroms. th iwhy the ag says be ry

the boom can't be work out. >> one of the biproblems is that a lot of people had lns they cld not even come close to affording and so st the economics juston't work, even if you get some supporfrom the governnt in terms of subsidizing the lenderor lowering the paymes, the person's debt toncome is so hi, it just doesn't make any sense, it makes re sense to foreclose. >> reporter:3 million foreclures are expected over the next five years, keeng the pressure on leers to work out troubled mortgages. the adminiration will also keep t heat on lenders, with plans to make public h many loanodifications each of the 25 companies ithe program have ne. stephanie dhue, "nightly business report," shington. >> suzanne: u.s. a chinese leaders say thaction's they have takenave helped pull the world's nancial system back from the edge. as they wrped up two days of high level talks iwashington, both countries are proming to continue makinprogress on financial d economic reforms. china says it willontinue to boost dema at home in order to reduce reliance exports to the united stas. the u.s. is proming to rein in our dget deficit and tight

i'm paul kangas wishg all of you the st of good buys.nightly biness report" is made possible by: this program was made possle by contribions to your pbs station from viewers like u. thank you. caioning sponsored by wpbt ptioned by mea access group at wgbh access.wgbh.org

of 32.12t 8,743.94. it rose every day this wee advancing 597.42oints. its st week in months. the nasdaq added.58 to 1,886.61 today. it also rose every day thiweek for a net gain of 0.58 points. the s&p 500 fell . to 940.38 today. and for the week up 61.25. in the bond market, e 10 year note fell 21/3to 95-21/32 putting the yield at 3.6. >> sie: a funny thing's been happeng lately in the investment world despite the wot bear market for stocks in decade investors arpouring money into exchange traded funds oe.t.f.s. there are now 800 e.t.fs lisd on u.s. exanges more than five timethe number just five years ago. what's behind the boom? suzanne prattakes a look. >> reporter: from gar to wind energy to gasoline priceand luxury ims-- you ne it-- it ems there's an e.t.f. for almost anythin that's rightthere's one for the gaming industry, too. exange traded funds, or e.t.f.s, are a basket of securities that ually mirror an iex, from well-known nchmarks to obscure measures many are first cousinso regur index mutual funds. but, lately investors ha been hungry for e.t.f.s mostl because of

the unitedations is heavily volved now in discussions oer some of the st difficult questions. and there is a process for that. butalks areoing very slowly. things arepretty stuck. and i think we have kursh elections in a few days. and then have iraqi parliament electi. it's going to very difficu to close anydeals during election ason. butreparatory workwill be undertaken now with aerican support. and then hofully se deals can be reached some time ne spri. >> joost ltermann, thank you very much for speaking wh us. >> my pleasure. thank you. >>> in afghanistan today, two more american ervicemen were killed in a bo attack. tt brings the death count for july to 34. its the deadlst month for americansince the start othe war. arly eight yearsago. 18 british troo havelso been killed this month. with roaide bombs now the leading killer gros, itn reports that the is a continuing ctroversy in britain about t availability helicoprs to transport soldiers and marines more safely. >> reporter: e political pressure is ring on the deployment of helicoers to afghanisn. the route centersunlift

mayor of st. paul, first as a democrat and then as a republican. and what was to go down as one of the most remarkable feats of bipartisanship in american politics, norm has the distinction of serving as the 1996 cochairman of the committee to reelect bill clinton and the 2000 state chairman for george w. bush's campaign. as a big city mayor, norm didn't disappoint. he showed a real knack for bringing business and government together. he led a downtown revitalization effort, created thousands of jobs, brought the national hockey league to st. paul. he fought to keep taxes low. he left office with a 74% approval rating after two terms that a local magazine called by almost any measure an unqualified success. in 2002, norm was still thinking about how he could serve on the state level when he got a call from the president asking him if he'd run for the senate. he accepted the challenge and then he fought a tough and principled campaign against our late beloved colleague paul wellstone before paul's t

of age discrination growing while you were at the eeoc? >> well, actuall while i was a the eeoc and subseently to my departur they had skyrocked, they had other teun charges star and- 100,0 crges and last yr they were age related. when the economys down, chars go up. a lot of the rtructuring for some reason, a lot of people who are olderhan 55, maybe they dot have the transferable skills. maybe we need to look at tt and focus on how d you do that. >> if you look a the corporatns all the buyouts because of theconomyre for people aged 55nd older. they hirthemt two and three grade levels lower, because it's ing to be a cost svings for the company so i not surprised that the are other cases of age discrimination. >> tre are other cases of reverse -- i hea the ceo of an aerospace comny. the bmers iny company are all going to retire at thsame time. with them goes ititutional memory, trning that we invested in. our competitivenessill depend on my bei ableo keep them beyond the able of retirement and to -- the age of retireme d be able to recruit those who will repla them. whatever we needo do, because we don't have enough engineers inhis country it will d that what

i ink seit will r most mo st of let's switch it to the weather. i think that we'll bump that up to a 50% or 60% chance for weather. keep that in mind. when we come back we'll detail the seven-day forecast going into the weekend. for now we'll send it back to you. >>> just ahead -- taxing beauty. taxing on plastic surgery. >>> lockdown. a local teen quarantined in china. hearparent who parent who has n seen her in almost two weeks. if we don't act, medical bills will wipe out their savings. if we don't act, she'll be denied coverage because of a pre-existing condition. and he won't get the chemotherapy he needs. if we don't act, health care costs will rise 70%. and he'll have to cut benefits for his employees. but we can act. the president and congress have a plan to lower your costs and stop denials for pre-existing conditions. it's time to act. >>> welcome back. the professor, the policeman and the president. they are about to share a brew with the commander-in-chief. this is what i call a summit meeting. >> the details are out about the happy ho

the governmt says dozens died during the recent fighng, but insists st of those killed were members of al qaeda >>> there's some interesting medical news out of britain tonight. researchers out of new cassel universi claimed to have create human sperm from embryonic sm cells. the leader othe resear group says how spm develops and how to help treat f fertile men. are in his ords, a long way from being authentic. >>> and another medical story we' been trackin is the global outbre of the h1n1 flu virus as we reported ts week, the disease is spreading throughout the southern hemispherwhere it is now winter. as capurner of al jazeera english report, aentinas bee particularly hard hit. >> reporter: e disease has hit argentina har with so far, it's the worstit country in south america d the third-worst in t world. behind only e u.s. and mexo. the psada spital is the min health the buenos aires and are fild with flu patients. this is where argentina's frst fality occurred a monthgo. a three--monthld baby girl. since then they've been nine flu deths in this hospital ane and theealth minister pd

st of this new law wont touc the industry unt next february. but credit card compans are looking the calendar and slipping into place now so big penalties d a few things that wont be allowed if they wa until next year. such things as: -lowering credit limits. -significantly increing the minimum yments. -raising the credit ore required to t a card. d, in a punishing trend, som big issuers of fixed-ratcards have switcd to variable rates. the reformaw will force credit cards to actually tell tir customers befo a rate goes up. but,f its a variable rate card, they can jusslip it in there,o notice required. net result: you'll never kno today what rate u'll be paying torrow. credit carcompanies seem to be doing their level besto show us t bad behaviors that we need to regulate o of existence. yes, reform is need. no not next february. congress needs to reite the rules fothem, again. i'm harriet hnson brackey. >> paul:ecapping today's rket action a split decision on wall street: the dow lost 34 poin. while the nasdaq logd its eleventh ssion to the upsi

the st of the projt go as well as this, then everybody is gointo be happy -- if the rest goes as well as this. at the moment, is both on time an on budget. 9.3 billion pounds -- it both on time and on budget. this is what you get for the money, a stadium still two years awayrom cpletion but already takinghape. >> whats amazing to me is that althou this is a staum of 80,000 feet, theres a real feel of intimacy >> there is still uncertainty, in particular when it ces to legacy. the gam are mean to drive up participion, but swimming is just one of the olympic spos at has seen a decrease over the past six mont. gymnaics is another that has seen a drop i the number of people takg part. in fact, table tens is the only one that can boast a recent risen partication. none ofhat worrieshis young man inspecting the area today, but th why should anything marries him when he has jus become a world chaion at the ag 15 -- why should anything marries himworry -- worry him? it's already had mo of him. that is the biggtchallenge r the nt fewears -- if only we had more of him. one ofhe bigdebates about

st. louis, ahead of baseball's biggest bats swing away in st. louis, ahead of tonight's all-star game.tions paid for by abc, inc. >>> we are following a developing story this morning. southwest airlines has been busy inspecting nearly 200 of its 737ed. they're trying to figure out why a football-sized hole broke up on one of the planes in mid flight. >> the passengers onboard the flight from nashville to baltimore, were remarkably calm, even though they could see the sky through the cabin. the southwest flight was about 30 minutes outside of nashville when passengers said they heard a loud pop. the 373 was flying at about 35 feet when the hole broke open. it caused the cabin to depressurize. and masks dropped from the ceiling. the 126 passengers and 5 crew members kept their cool for another 20 minutes before making an emergency landing at the parpt in charleston, west virginia. >> obviously, we made the option to divert and get that airplane on the ground as quickly as possible. >> reporter: this sort of incident is highly unusual. but last summer, a quantas airways flight from london

ti tim u.sofcis say thindosian governm d be st ofing ingblind t t prle aders ained with al eda. theitop people, in fact, learned w to makeboings, anthe cotentatte you with the similaran use bombinsuggest al qaeda teniques. manyde have captured but e had not,oordin top. 's suspected to be behd this mbing, as ll as the 20 discbo >> so, the two bombers we're talking abare just theecutors of ts ot. th lks le a la organizati behind this. >>ter: exactly. theye icide bombers, they were expendae. were sent ino get past the security. th've determinedobsly, that a hotel, lae hotel,s a very soft target. e u.s. embsy, etralian emssies bn targetedn the past, buty hav v tough security >>mecaintelligen ofcialsaidy hed no chatter out is aack out th >> reporr: athe ite hous they say ciand other telligen ancies hanot gin any indicaon ithe st 18 months ofny teat reporting volving this group, orn donesia. thing on what th cl the that mrix, a thewere surprised,sstily, ught ofuard by this developme. >> disturbing ing, too. brian rossanyo so . >>> still overseas bedict waseleased fromhe hoital aer hav

well, when we talk about wide moat stocksor companies with we moats, we lik compies that have some st of protection that is going to protect profits over the long term fromcompetitors. and wehink that these e the companies that are the reallyood place toocus right now. these are th companiesthat hold the hi ground, whi is really imptant as you're going tough what you might call aneconomic flood that we'r experncing. jeff: l's go on wh the first one you haveor us, it's proct andamble. >> this is aonsumer tightening with numerou billiondollar products, very strong brands in the portfolio. i also like that is is company that has roughl a third of its sales comg from emerging market sources. and these emergi markets really are not necessarily affected bthe ongoing ecomic malaise that we are exriencing here in the u.s.. >> jf: then you have a second one,novartis. >> y him the sck market seems to be paintg the entire health care sectorith a very broad brush right n, worried about heth care reform. but this is very diverse heal care giant, with big businesses and generics, vaccines, consumer pr

iolbrubeck, his wi of nearly 63 years, he calls her "the brains of the outfit," choos the texts for st of to what he's after,hen i start reading and inking about well, what could apply. he thks very musically; i tend to think more in rms of the narrative. >> report: have you ever had occasion to say, "ah dear, ts ist quite working; we ought to go another dirtion." would you ever say that the eat dave brubeck? >> ( laughs ) don't think i've ever said w should go in another dirtion. i think i have been bolenough to say, "you knowi just don't think this is quite sang what you want to say." >> reporter: sometimes, tugh, even a wily intervention isn't enough: lten to brubeck's hauing "our father" in "to hope?" >> ♪ deliver us from ev. >> rerter: all this, says ubeck, was composed in a dream. ♪ in your mercy, keep free. ♪ >> i didream it that night. and it turned out ptty good. >> reporter: you dream, y dream in rmony? do you dream an instrume or do you dream a melod what's the dream? >> uh, mely, orchestration. it's a pretty complete ing. >> repter: is it true that after u had the dream and af

>> spor[unintelligible] if i cannot bear the bruden of st. paul lows, hikios, how cr the burden of st. peter? we are to be respectful. we ask for cooperation. we want conditions for social responsibility. we want freedoms in independent institutions. we want the country to meet standards of every modern democracy and we have to be very respectful. we are for corporations. we say, if you want a corporation in columbia, please help us. and not allowing these people to find hideouts overseas. we request cooperation but we respect referring to honduras. the minister of foreign relations [unintelligible] yesterday, we had an opportunity to exchange ideas about this case. allied repeat, we need -- i repeat, we need to respect democratic decisions in every country. we need to respect that decisions made by people participation in accordance with their constitution and a lot of every country. we need to respect political rights and at the same time we need to be totally a unbiased in the right of every country to determine its own path. we agree with

so immialy went to thcatendot them ie e camper and g thdog de of t campean ust -- we st tried to stay camper as much possle t rest of the evenin >>appy eing to it. aming story. congratulaons. eny e re of your vacation, stin, thanoretting up anshinwi us. ey t tt ybe the lion wastving. iss so rthis occurrence.wel have mucre coming up. in fact,t may " ine u toake ththin you uch tra plush. ild northern ultra plus luxu you and feel. and you're nodeghte l give you mon back. deleclé t taste of freshly ound espreo, al steamed milk d decadent chat.. in mcdonald's ca mochas. wome to mcdonald's any monday roau 3rd... aet sample size fre awesomé. ♪ ba ba ba ba ♪ thinnew is hpeningat ethanllth special savings o seleabrics ol es you sehe fric we custoket 'sore affordle thanou t. ethan allenfer jul31st. a realni...there's aeal onioin monn stri (sm)l onions in his n stps! (copepdeeople, let the man with the rl onionsn his onion stps throu! when arand new w to ackcomes along,eopltice. ex crunc snacks. gia ap for snack kd. [ male anner ] heier, morradiant skinit's in yo futurno [ fele announcer ]disc t

so, again, some of these storms could produce wind gusts over 40 miles an hour but mo st of you watching out e the erththisv g enjoying very pleasant conditions. let's switch it over and look at the weather computer and get a sneak peek of the weekend. i think it will be warm on saturday but should be dry to start saturday. the high near 91. i think if you are going to pick one of g the weekend days, of coursely saturday is your day. a better chance of rain on sunday. specifically for tonight, partly cloudy skies. a chance of a shower or thunderstorm, mostly in the northern suburbs. low temperatures in the 60s. partly to mostly sunny tomorrow. the humidity will go up, the high temperatures upper 80s and low 90s. right now 83 at national airport with a dew point of 61 with the humidity has come down. it is fairly pleasant this evening. most spots in the upper 70s and low 80s. only 75 in culpeper. some heat off to our west 92 kansas city. a little chunk of that heat will visit us for the start of the weekend and then a bit of a shift in the jet stream back to this west will provide some wa

>>behind the headlines: he obama administtion created the st of ambassador at large fo global women'ssues and named melae verveer ambassador. she is known for her eensive rolodex and lifelo commitment promoting women's rights. i inteiewed ambassador verve about her new job and the role women will play next month's electionin afghanistan. >> t obama administratn, the president in particular, andhe secretary of state, understand the portance of won's issues inmerica's foren policy and vand seized it to cree this position to demonstrate its elevated importance terms of advancing our goalfor decracy and prospeus onomies aroundhe globe. and in truth, we can't solve our major global challenges today, whether they be economior security or related to the environment governance, less all people isocieties are participating, andhat means won and m. >> bonnie: one of ambassador verveer's priority counies is afghanista earlr this year president mid karzai signed a bill tha would have permittedarital rape and would have barred women from leaving the house without eir husbands' permsion. it wasn'un

sts. 'lee sha keys has a cnce of being a bigger st than she is now. s a high standard to other artists. album.k created the inve befo mhael jackson u got one or two singles off the album. but with "thriller" seven songs became huge hits. that set a standard for event albums. around that same time you saw albu like "born in the usa. and we don't see that is much anymore. >> i jump in. we talked about this earlier. isn't itune responsibleor that? in other wor, once we stopped selling whole pizzas and gave away slices to use a metaphor usedarlier hemusic, you lose the mus business once i start giving away songs effectively, io longer have a business. wh i was selling albums, i had a tremendousbusiness. >>ell, you still have a buness. i mean, look at the music dustry. yougot people sellg, you know, ds or what have you. that's just the way the world wos, but the reality is whatever assisting your popularity assists in your populaty so that makes sre as an artist you're not going ywhere. if people are listen to your music and you're popular you will still se

dung the past twenty years johnson controls made st of its money king vehicle inteors. but as i own plants became more efficient and auto sale started slowing e company gan trimming its automotive division about a yr ago. ell admits he had no idea ho smarthat decision would be. >> no onwould have ever projected and certainly didn't that the market wou decline by almoshalf. >> reporter: now, hnson control's turn to its roots is starting to pay off. the company is retrofiing the empire state building with a n climate control d lighting system it also coulcash in on governmenttimulus projects king everything from schools to office buildings re energy efficit. there's also the batry business. johnson controlsurrently makes the lion's sharef lead acid car tteries. now it's moving into lithi ion batteries foplug-in hybrids. the company is ming some of those batteries in francfor mercedes ben in a couple of years it will build them in the s. for ford. and roell sa those batteries uld provide a bonus. >> what people are pceiving is that y could actually drive the vehicle during

you've been lklkinto aotot of big players ouout tre, what are they saying a abo a second stimulus plan? st sort of a gae of whhe leaders fromomororpote america wawantrorothe administration. >> i haven't b bnn tkiki to a bunch of peoeoee about a seseco imimul plan. i i thk people are concerned that thecocono hasn't s staed to rececerer yet. yesterday there was a big pane t theconomic downturn and ww coanies should beananing it. it seeee like opop still believe the economom isn't in a downturn and based on eryryon veve bn talking to it will ststt t toecover in 2010.. it sms like people hopepefuyy it will recocor r inime but there e arvavaous thoughts on whher another stimulus w wl l be key to getting u usthere. >> got itit julilia. thanks s so chchor your poportg. the othehepapartof julia's ininteieiewill be airing on nbc reports" tonight a a8:8:00 on cnbc. let's head to our desksk. the spotlight ninigh insnsid rereelelli nascar. an ogiginacnbc documentary. guy amami starts off with s scks that are tradingng vehiclele >> we're in the best t trang rkrk in my lifetetee the ne f fr or five life

this hope in the world that as china rebounds from thislobal econom downturnthat it will help dr the st of the world's economi with it doyou buy into that? >> well, not completely. it will hel somewhat, but china is beming morenward focused. it beenn port-driven ecomy but their exports are down % because of the glal cris. the governments putting billions and billns of dollars into creating demand domestically. now, that's good for the cina econom but it's not necessarily od for the rest of the rld. >> there's be talk recently coming from chi about pressing r perhaps a new currcy that uld replace the dollarhen it comes to big inrnational ealmaking. do youhink that is a real threat here? well, because of our deficit spending, the chesere concerned abt the dollar and their investmen in the dollar. andthey would like to have some sort of alternative but i realy don't think that' going to hpen for a long time. i think the dollar wi remain the currcy of choice, at least for the foreseeable future. >>because they own souchof our debt, wouldn't that undermi sort of their own investments? >> yes, t

so that st of how we went. >> could this work --ould it be funny with eryday people, people who are notrtney coxes? >> oh, you mean like jt -- tavis: the people -- absoluty. >> i don't kw. we've talked about it. becausehen we sort of syicated it on the web, it's on hu and youtube andtunes. so y think about what you can do for eh site that's going to beifferent. and one ia thrown out was she does a live ssion with people. and i think somebod thoht that might be too risky legally. tavis: i can't imagi a lyer thinking at in this tn. or on the internet. tavis: i'm sure every lawyer you have said no, we' not going to do that. >> but i thought it uld be rely fun. because thshow is improvised. we write the outnes and i thought it could be fun to just destroyomeone. tavis: thi improvisaton is part of your bkground. but to the bt of your ability toescribe it, what's itike being on this high wireith the outlines and makin it all come togethe and work? >> wll, it doesn't feel like a high wire. it feels me like just sort of a fun rler coaster that'sot too risk i. -- tooisky. yodon't go upside down.

you can see it here, north of st. john's, north of st. louis. another line coming in near kansas city. that's all racing toward the east. here are all the warn aings and advisories. warnings are in effect. >>> check out the aftermath of a tornado that hit spicer. you see what happened to it. houses got damaged. branches all over the place. even storms ripped off the roofing of a nearby mall in spicer. i think there were reports of two separate tornadoes. you can see wait did there. a little breezy, but no severe weather for you today. there you go, rob. >> thanks. >>> a swim club facing racism allegations, wishes it could have a do-over. a day camp says its kids were turned away because of their skin color and they may sue, now the club director's wife is saying why they should not. >>> in our salute to the troops today's sa lutd is for specialist thomas kirkwood. he's in afghanistan on a second deployment. i want you to check out these pictures. look at that. thomas's wife says she and her son dallas miss him so much. that baby is so kutd. and t

about half of the peoe ying "oh that's a really good st. thatpplies not just to obama but just t anne undertaking a new office or a proje or a series of responsibilities." for insnce, one of the core conclusions i reached was you ha to he a openebate in the national security council, on tse issues or in the onomic council on those issues. and it can't be justhummy. it can't bene ofhose things wher it's scripted. you really haveto get the issues out on theable. for instance, vice president cheneyad thes meeting.. lunches with president bush and woulwhisper in his ear "this is what i think you ought to do" and whether yo like or d't like cheney, he's agood vocate. and ey agreed that this was so confidtial they would never tell anyonncluding memrs of the national security council and the wte house staff, cabinet members, what cheney's recommendation was. it ver got tested in a forum. d whatush should havdone is gone innd said "okay, dick, e vice president, has just recommended and arguedor this. ck, tell them what y think and now let'sdebate it

st of the questions which will be asked o you will involve decided cases. i tend task aut decided cases, but al about cases that the supreme urt decided not to decide. and on theejtion of cases per desion. it's a big problem. the court i would suggest has time for more cases and chief justic roberts in h confmation ing is essentially d more cases would be very helpful. ifou can draft the docket of the supreme court 1886 recurrently, in 86, there were 13096 cases on the docket. 1 were decided. senchlys later, 2007, only7 signed opinions. i start on th cas which are not cided although i could star in many, many are. could startwith the circuit splitshere one court of appeals in one section of the untry goes one way. other urt of appeals ges the otherway. the rest of the courts don't know which way the predents are in the supreme courtides not to decie. but take the case of the tror surveillce program which was present bush's secret warrantless wiretaps and contrast that with congressional authority exercise under aic 1, providing t exclusivway to have wiretaps

by thursday we wille have atae st of it. alexander right now a. ts in the upper 40's. very comfortable. much cooler north of the metro area. mostly sunny with some afternoon clouds. a fantastic day. you'll feel added humidity by thursday. highs near the low mid 90's with a chance of storms. we will cool down again with dropping humidity. we could be in the low 80's forever to new highs by this weekend. >> i am happy and smiling about virginia traffic. westbound 66, there was a car fire. traffic is able to get through pretty well. a crash on the ramp from the outer loop to river road. traffic has to go in down and make a legal u-turn without major delays. >> thank you. >>> they were held hostage inside their own home for hours. >> and now an elderly couple is talking about an armed man who stormed into their leesburg house. pamela brown has more. tell us about it. >> such an incredible story. police say an armed man held up a jewelry store. then they broke into a house. it led to the suspect's arrest. >> i was very cool. >> i was at peace. >> 83-year-old bob belote and h

t t st of all, i really loo this soundnd c.. he it s.s. >> as i thought about ththis anannoceceme that i wouldn'tunun forre-electctn,n, a whhat t tt mes s foalaska, i thought ouout,well, how mucuch fun some governors have as lalameucucks maybybtrtrav ra round t the state,e, tvevel e other states, ybe takeheheir overseas ininrnrnatnal trade missions. many politicians dodottt. many just accepep that lame duc status and t th hit the road, eyeyraw a paycheck,, t the kind milk . anani'i' not goingg put alalkakanshrough that.t. i promisisee efficiencies and effectiveness. >> that's the key soundndii in alall hihis. she's beenen widely cticized for a r raminin press conference but i think thatat rlllly is the sod bite of signifificcece because yoyoueee e republicanss are going t b boming after president obama ashis tax and spdd liberal who just t tows momoneatat everyrorobl thahat' outt ere. to distance themseselv f fro th, they've g got to f fin sosobobody because this is aarty that isis in the t toetet when it ceses t ideaea w whe it

we'd'd like wish them lots of luck for thehe next 16ears. >>> dateline, wawashingtonumber two. stce its. congressn steve king, reican moon. th wted to put up a plaque at the new capitol visitor center to embellh the suite of thecapitobuilding was built by slaves. t ilt by slave, thus whi people suck. not built by slaves and therefore reparations just saying, think about is. thhouse approved the plaque, 399 voto 1. the one -- steve kg. he said itasn't an accurate depiction of history. great. we now have a slaverdeer. he'sn congress. and dateline new york, number one best memory losskarl rove. another one hose ponderous op-eds for "wall reet journal," ro complains about the imulus package and writes -- this fits pattern. pledging unrealistic results that it later distand itself om. oh, inther words, karl, you're saying, mission mplished. taking its rightful place in a a long le of amazing peornce machines. thth is thnew e-coupe. this is mercedes-bz. >>> extremism and defefense berty is no vice. moderation in ththe puuiuiof justice no virtue. the original mantrtra ofododn coervatives

on thursday a judge's order allowing the automaker to sell st of its assets to a new company went intoeffecttails of t new gm which will be largel government owned will be revealed in a news conference later today. >>> ig preparing to pay millns of dollars more in bonuses to ral dozen its top corporate executives. the company has been quietly seeking support for this new round of bonuse from the fedel government after an earlier round of payments set off a national fur last spring. illinois senator roland rris, who s appoted to president ama's senate seat by disgrace former senator rod bgojevich is expected to announce toda that he will, in ft, not run for a ll term in 2010. he has reportedly raised little money to mount an ection effort. let's go to todd santos n for a cck on the latt forecast. od morning, todd. >>> a very good morning to you. an absolute beautifusetup today. joe took the right day off i think he w kind of checking out e forecast for this friday. e talking aut full sunshine. yocan see it behind mewith the beautiful new yk skylin and one the spots that wl see issues, chico.

. >> clouds haven't produced much rain downtown, couple of sprinkles here, in st. mary's county, over 2 inches of rain. we'll keep showers in. comfortable in. mostly cloudy, lows in the 60s. even downtown we sthud dip into the upper 60s and winds tertheasterly at about 5 to0. 1 llesa,icture radar ininined, eg ryinthis hsoutso to north so from the 'sttom part of your seegn,nd a ndhtig ligct ayitiv around the metro area but heaviest activity hasnee bee southnd wes of town. erlive0oppl 900ndcty ivitwn ar 935ou s sow t frbuerndicksrg a aiv inshoinnt i serthountn charles county and activity in the panhandle toward cumberland. we'll talk about the prospect of showers and thunderstorms for much of this week and the prospect of 90s, may be on our door step. that coming up. >> i believe this nation should commit itself to achieving the goal before this decade is out of landing a man on the moon and returning him safely to the earth. >> that's one small step for man, one giant leap for mankind. >> today marks 40 years now since neil armstrong uttered those words as the first

st. mary's county police have charged a man in connection with wednesday's incident involving a piece of concrete being thrown at a car. 27-year-old trevis butler is being charged. a 15-year-old girl received a fractured skull when she was hit in the backseat. trevis butler was on work release when the attack occurred. >>> virginia state regulators are recommending a dickers center lose its license following the death of a toddler in its care. employees were improperly trained. a 13 -month-old died earlier this month after being left in want of the center's vans for at least four hours. >>> final vote being taken on obama's health care overhaul plan. he wanted it passed before lawmakers leave on their august break. republicans and conservative democrats are fighting the proposal, saying it is too expensive and could harm the quality of care that people receive. >>> there could be new life for the cash for clunkers program. it was suddenly canceled last night for fear that people were trying to buy too many cars. the house voted today to keep the program going with $2 billion in extra cas

john m mccnn leded bak obama, sohehe did ha a positive impact, actctuayy coeted barack obama's odod f st ofrse of the campaign.. once she's able to rengnge, she may well becocome the leader. >>hehe does not have the financial position. >> what about theddea that the rerepuicics are supposesed ststanfofo conservatives alals? yoyou arart job, you finish it. you w wk on self-f-reanan, and not t cacaus mebody gives y y somethining. she was given that by john caca and asking people t give her that again based 2 1/2 years in office? i don't think sarah palinss asng for anythingng as i i lteteto yourcommentary, it's difficultltto undersrsndndy 51% of people fefeel she's bee eaeateunfairly byby thee memedi ee h a chance to get out f fr undederr t scrutiny ann be able e en a lingng, pay o off legal bills and cmpaign full timee wiouout havingo worry a abo a paycheck. >> we're almost out of te,e,ut you talkbout her beingg mistreated by the media. when h hiarary inton talked abt it, iwas sarar p pal who id stop the whwhing.g. when is s shoing to stop thth whining? >> i'm quoting gallulupp mbers, nonote

guy were y you examinedd andhe said "any i didn't even ta my shihi off. >> when you look at t the sts of drugs that michael jackson s tag, you haveto say how did he get them. e problem is on this of ses drugs no prescriptionnabel on . they havave to fige out how h he got them. he may have gototn it iiegally et cera. again,n, weon't know the answers tohese questions,,ut i think that you don't wnt to bene of thesdoctors right nnow. >> what else arere t ieresting legal issues that s stillemain nothat the king of pop, h his public memorial is coming on? ototr signicant legal issues we should be i interested in? >> custotody and mey arehe two big legal issues. >> what do you thihink will hapn stody se? >> depends on w what debbie row dodo. if she decides to be the biological mother anand decideto fighttor the children shshe hasa good s stt getting them. she doe >> e even thoughghhe has said o camera they d don'tall m me mother i don't want ththat, the e michaes chilildren? >> that t may be t reflecthat she mamay not seek to get em. that i is the real queson here. again, when the othererson we

of housing io context. here's some numbers, we should st usehe motions. eck,hy should we be empiril,ust make up stuff, no, can't do there were 14 million hes bought between005 and 2007, th media's now betting tt 50 of the mortgages wil default, 7 millio mortgages of the 14 llion. average mortgage $200,000, and that comes out to $1.4 trillion. nks have already written off more thathat. we have written oore than 50% the homes pchased during t hay y of the housing bubble. r the sake of argument, it's true that 50% of thetgages from tt riod were adjustle, so the dia's outlook is essentially saying that100% of those adjustabl mortges pick or pay all of that nonsense going default, 10. to me, i don't know, maybe i'm just a simpleton, but 100% of all gages that are adjustable defaulting seems high. t let's use it as a worst ca, because we c't use 120%, because it's one ofhose things yocan't have more than 120%. we've already written off me than that and it seems to me 's the worst case. and to me that means the worst case is already t in. that's not the kindof th

in may we told you about the closing of st. mary of assumption school in gauvins. after 135 years of providing a catholic education, the school simply could not afford to go on. it had been operating under a massive amount of debt. >>> and in april, the catholic community school in federal hill announced its plans to close. it was also operating under debt, and reportedly out of money. here are all five of the schools the archdiocese is closing thus far, including towson, st. mary's and the catholic community school. as you see, st. michaels in frostburg will also be closing its doors. if you would like to learn more, we've provided a link to the archdiocese website at abc2news.com. and these closures are a telltale sign of the tough economic times. stay with us tonight. in just about nine minutes, we'll have more information on this rocky economy, including a list of big name brands going broke. tips to saving medical costs, as well as today's tumble on wall street. >>> a typical call for baltimore city's ladder company 2 today. an 8-year-old hurt at the national