the largest american city ever to declare bankruptcy. or for the big bad banks. jpmorgan reaching a record settlement of $13 billion with the justice department, just one giant slap in a series of lawsuits for misbehaving during the financial crisis. 2013 also brought a whole new world in health care. it's the law now. but consumers found it difficult to sign up thanks to an ailing government website. and health care wasn't the only crisis in washington. but this month congress agreed on a bipartisan budget deal, perhaps the biggest and most hopeful change in a year that's had its share of them. >> so it has been quite a year. where do we start? easy, wall street. with the dow and the s&p hitting all-time highs for the first time since 2007, investors have been treated to 20-plus percent gains. 30% gains on the nasdaq. dominic chu is here to talk about the biggest themes of the year for stocks. why don't you run us through the numbers. >> it's superlative to say the very least. those are great numbers. talk about a momentum trade. the dow has hit around 44 all-ti

the city of stockton filed for bankruptcy. >> stockton became the largest city in the country to start bankruptcy proceedings. >> the largest americanever to file for bankruptcy. >> municipal bankruptcy, or chapter 9, can be broken down into three parts, the good, the bad, and the ugly. first the good. bankruptcy allows a city to restructure their debt while ensuring the most basic city services can continue. it lets the city renegotiate union contracts, pensions, and benefits, a huge relief to any city struggling under the weight of those obligations. and sometimes it works. vallejo, california, is a city 90 minutes west of stockton. they filed for bankruptcy protection in 2008. the restructuring allowed them to ditch at least $32 million in debt and pay some creditors as little as 5 cents on the dollar. the city also cut benefits for retirees to just $300 per month, down from as much as $1500 in some cases. finally, vallejo was able to emerge from bankruptcy just three years later. the bad part of bankruptcy? creditors take note and refuse to do business with cities that don't pay their debt. as for the ugly part of bankruptcy, th

. >>> and it is official tonight, detroit is now the largest american city in history to declare bankruptcy. in a landmark ruling today a judge called it a chance at a fresh start for the once proud city now facing $18 billion in debt. the judge clearing the way for bankruptcy and for cutting pensions for city workers, and as a result, this was the scene outside the courthouse. protestors with a message about the spirit of detroit and a plea to keep the pensions intact. >>> and we're talking about jobs in america in a lot of ways tonight. our made in america team is back now with a december to remember. we have learned tonight that the average american shopper has already spent $407 on holiday gifts, so what if we all just bought one gift, made in america, how many thousands of new jobs could we create. the head of the team, david muir with some help kicking off made in america christmas. >> when you say kicking off we mean it. this was help in ways i could not have imagined. tonight something different as we heard on the streets as we began to answer that question, are you in? >> reporter:

. >> detroit is now the largest american city to qualify for bankruptcy protection. nt and pension checks could be cut during a bankruptcy proceeding. the ruling after a nine-day trial and four months after the city filed for chapter nine bankruptcy protection. detroit will be allowed to search for a way to pay off debt. >> the big tuberculosis scare on the u.s. airways flight over the weekend turned out to be nothing. officials in arizona now say a man aboortd the flight expected of having tuberculosis negative the man was singled out. passengers were told they'd been exposeed and were advised to contact their physicians immediately. officials deny passengers had to seek medical care. >> vents are suspended at uc cancelled after a fourth student was diagnosed with meningitis. college students are prone to contracting meningitis because of close proximity to one another. a strain is not cover whidbey the vaccine not available in this country. >>> a dna company 23 and me is facing a class action lawsuit, accused of misleading customers the agency expressed concerns it

the undetectable weapons is about to expire. >>> meanwhile, today, is the motor city about to get restarted? decision day in detroit. the largest american city ever to seek bankruptcy protection. we'll find out its fate officially today. first today's politics planner. we told you what the president is doing. guess what? it's one of those days where hillary clinton gets an award from somebody. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it in your heart. [ basketball bouncing ] heart healthy. [ m'm... ] great taste. [ tapping ] sounds good. campbell's healthy request. m'm! m'm! good.® campbell's healthy request. on the table by not choosing the right medicare d plan. no one could have left this much money here. whoo-hoo-hoo! yet many seniors who compare medicare d plans realize they can save hundreds of dollars. cvs/pharmacy wants to help you save on medicare expenses. talk to your cvs pharmacist, call, or go to cvs.com/compare to get your free, personalized plan comparison today. call, go online,

. >> well detroit is now the largest american city ever to qualify for bankruptcy protection. day federal court judge ruled that detroit was in solvent and the pension check retire could be cut during bankruptcy proceeding cawshl part of the decision. ruling came after 9 day trial and 4 months after the city filed for chapter 9 bankruptcy protection. under today ruling detroit will now be allowed to search for way to pay off 18 billion dollars in city debt. >> dna testing company 23 and me is facing a class action lawsuit. silicon valley start up accused of misleading customers about the test kit. that suit comes after the food and drug administration ordered 23 and me to stop sales of its personalize tests. the agency was concerned that test could return inaccurate results and lead consumer to undergo unnecessary health procedures. 23 and me insist it doesn't comment on legal matters. >> if minnesota man kicked off northwest airlines world perk program will likely not be able to sue for getting cut off. man sued claiming it was a cost cutting decision however the airline says

the city could work on a plan to pay off creditors. it's not eligible detroit would probably be forced to negotiate again with the creditors, especially unions and pension funds. detroit is the largest american city ever to seek bankruptcy protection. >>> time now 5:16. later today streets in palo alto will hit the sweets to protest. they plan to march to city hall to demonstrate against a plan to hire outside companies to clean up the streets of palo alto. now the city may also cut back on street sweeping to every other week. many city leaders say the changes are needed to save some money. >>> fast food workers from about 100 u.s. cities say they'll walk off the job thursday. they want to draw attention to just how hard it is to live on the federal minimum wage of 7.25 an hour. the protesters are pushing for $15 an hour even though they're not expecting that big of a raise in the near future. still not clear if strikes are planned at bay area fast food restaurants. >>> 5:17 is the time, and unfortunately a crash on the bay bridge westbound sal. >> that's right. it's just past treasure island panel and dave westbound as you come through, and they're clearing it now, but you can see the light

the city could work on a plan to pay off creditors. if not eligible, detroit would probably be forced to negotiate again with creditors, especially unions and pension funds. detroit is the largest americanever to seek bankruptcy protection. >>> time is 6:22. if you watch the waters, guess what's arriving here in the bay area making itself at home. we'll tell you what we're starting to see more of out in the bay. >>> people who are different, i just feel like they should stand up for themselves. >> speaking out against bullying, how a fight posted on youtube could lead to change in west contra costa schools. i love having a free checked bag with my united mileageplus explorer card. i've saved $75 in checked bag fees. [ delavane ] priority boarding is really important to us. you can just get on the plane and relax. [ julian ] having a card that doesn't charge you foreign transaction fees saves me a ton of money. [ delavane ] we can go to any country and spend money the way we would in the u.s. when i spend money on this card, i can see brazil in my future. [ anthony ] i use the explorer card to earn miles in order to go visit my family, which means a lot to me. ♪ wouldi'd rather have food

landmark ruling, a federal judge, steven rhodes, has cleared the way for detroit, which is the largest american city you got to be thinking, wait a minute. i thought we had special protection. according to the judge yesterday, no, you don't. >> look at the balance sheet, elisabeth. right now for detroit. >> this is startling. we have the total debt, 18 to $20 billion. pension shortfall, $3.5 billion. unfunded health care, 5.7 billion. and population down 63% since 1950s. and 78,000 abandoned structures. >> think think this is a message for two people. it's got to make people insecure who work their whole lives and say i think i know how much money i'm going to make. i may not know taxes. now you can't say that. it doubles down on unions to act responsibly and not max out what they can get because they want to make sure that they keep their jobs. not thinking ten or 20 years down the line to see if it's sustainable. >> you know what? it's in the union's best interest to try to get as much as they possibly can. it's in the city's interest to act responsibly and unfortunately they have not in detroit.

tough day for all of us here in detroit [♪ music ] >> once the nation's fourth largest city, the heart of the auto industry and the soul of americanusic today's detroit is a portrait of urban decay and facing a water shed moment. it is the largest municipality in u.s. history to file for bankruptcy. a federal judge ruled the city is not only insolvent but in a decisive verdict declared that pensions will be included on the chopping block. dave bing is the outgoing mayor. >> the only way we stayed alive, quite frankly, is through cuts. we cut everything that we could. unless there is more investment coming into the city, and a new stream of revenue there was no way, i guess, to fix the the problem. now with bankruptcy emanant i think that debt off of our balance sheet will be less than it is today. that will be positive in a going forward basis. >> the judge restored essential services like basic ambulance, fire and police protect. the city's public workers and retirees will bear some of the brunt of the cuts. a rare decision as benefits are typically cleaned untouchable, protected by the michigan state constitution. kevin orr is d

a federal judge has approved the largest public bankruptcy in american history. the judge rules today that the city of detroit will be able to reorganize its billions of dollars in debt, which means pensioners and other creditors could receive much less than they are owed. and spectacular pictures from italy where europe's active volcano is erupting again. it is the 19th time the mountain has thrown longer into the sky. there were no injuries, nor any need for evacuations, but a number of flights to the nearby airport were diverted. a russian dancer has been sentenced to six years in jail for his part in an acid attack on the artistic director of the bolshoi ballet company in moscow. he suffered severe burns and damaged eyesight as a result of the assault. james robbins has the story. >> the world's most famous ballet company. bolshoi literally means big. it employs over 200 dancers, and in good times, rings russia great precision -- great pressed each. rivalrywhen passionate turns into a salt. send to a penal colony for six years, convicted of an acid attack on the artistic director he blamed for

senator rand paul brought his conservative message of economic opportunity to the largest city in americano declare bankruptcy, detroit. the senator unveiled his plan declaring detriot the economic freedom zone which includes a flat and low tax, a scaled back epa and outreach to the community. i sat down with senator paul and asked him if politicians on both sides of the aisle were doing enough. >> five years of obama economic policies lead to very high elevated unemployment in the black community. and, frankly, the republicans are perceived as not caring about minorities. what's your plan? >> we're going to compete, the republican party as soon as i'm concerned should compete for every voter in every city and every state and i think we do that by bringing our message to the people and this is a message of economic empowerment. it's also a message of school choice. if you want to get ahead in our country it's through education and so many people in our big cities, often minorities are shortchanged by a bad school system. we want to make it better through competition by giving every kid the

a judge has griffiven the green light for the city of detroit to declare bankruptcy making it the largest municipality in american basis for my wednesday takeaway. the city is unable to pay $18.5 billion in debt, including $3.5 billion in unfunded pension obligations to two pension funds. what does this mean in real world? 23,000 retirees and 9,000 current public servants in detroit could lose some or perhaps all of their pension benefits. the benefit of public service is the retirement security in exchange for taking a good but not great salary. that's always been the dole that we cut. losing more money in the private sector in order for security. thif can happen in detroit, is it a sign of what's to come in other cities and towns? since 2010, i want to show you here a little bit, i'll go through some things. since 2010 eight cities and towns have filed for bankruptcy. three have been dismissed. the remaining five cities an towns where governments have filed for bankruptcy are right next to me. detroit, san bernardino, stockton, california, jefferson county, alabama, and central falls, rhode island. this could b

the appeals court. the city's largest union, the american federation of state, county and municipal employees filed itsice of apeople. the union points out many of these workers are getting by on pensions right now of about $19,000 a year. that would be cut substantially under orr's plan of reorganization and they say that these pensioners have no other safety. many don't have social security and many, indeed, will be on the street. guys? >> that is a tough story. scott cohn we understand the passion behind it. >>> folks, while you may not care about the muni bond market or detroit story, you need to care about this case because it may impact your city, your town, your state. let's bring in rick santelli. rick, expound on this here. detroit, many people believe, is just a precursor of what is to come perhaps for cities that look a lot like the one you are standing in right now? >> and it's so funny, it happened today because the big news in chicago and if not the entire state of illinois is that there's going to be a vote ultimately, whether it's today or soon, to try to deal with our under funded pens

by the way have you been in your series that we may be the only state but there are cities that have that have large african-american the largest minority of the despair have colonialist their minimum wage not a part of the federal minimum wage and have not seen the kind of disasters you're describing what. is on the margin this is simply not true on the margin we have seen a increase over the last thirty years the band as you call it inequality ban on on black unemployment has been increasing not decreasing that's a fact and where it happens is the way we are and so years we've been experimenting with it's a disaster and where this population is highly concentrated this is going to be even more difficult economic as one of the worst going to lead to or more white women and men who are young getting great opportunities in washington d.c. at the expense of unskilled untrained blotz let's hope you're wrong oras cooper crystal thank you for being with us. coming up it's no secret that the motor city has seen better days but what's the real reason for its decline and why isn't the media talking about it i'll tell you and i think it

the largest art show in the u.s. what many cities want to have. at this hour the american war veteran who has been detained

the mid 30's. it is difficult for everybody, a lot community like so many american cities right behind me is the denver rescue mission it is one of the largest homeless service providers and they have been running at capacity last night they slept 315 people in that building. that means they put down mats in their chapels in their hallways and used every bed they had, they also had another 150 people and another facility a little further from downtown when we heard from other homeless organizations that they are also running. so the cold and inconvenience for some, but life threatening for others here being service bedty homeless organizations. >> thank goodness they have somewhere to go, paul reporting live from a very cold denver, thank you. >> it looks like a giant video game, but it does a whole lot more, how scientists are taking three d. images to a whole new level. >> welcome back to al jazeera america. stephanie sigh here today headlines the house of representatives to decide on extending long term unemployment benefits to 1.3 million americans. out of work professionals testified telling lawmakers the benefits are critical. congress

the largest bankruptcy in u.s. history. the national implications are huge because it sets the stages for financially strapped cities and states all across american to follow the same path and cut the money promised to unions, pension funds and retirees. in illinois, they ray proved the overall of the pension system and puerto rico deals with public debt as well. but nowhere are the debt woes as dire as in detroit. $18 billion in debt, and estimates $0.40 of every dollar collected are used to pay it off. that zaps funding for basic services and it could rise to $0.65 i$0.65 of every dollar iff does not come soon. today's ruling allows the city to go ahead with bankruptcy proceedings, the presiding judge said that the city would not have a you blank check. unions are not so sure. what's the latest from where you are. >> reporter: well, david, he immediately the city's emergency manager kevin orr is going to start working on a plan of adjustment or reorganization plan for the city, and he hopes to have a plan in place by the end of the year. he said repeatedly today he wants this plan to be consensu consensual, he wants to bring everyone to the bar

the largest public bankruptcy in american history. a federal judge approved a plan that will, among other things, allow detroit to reduce the pensions of city workers and retirees. something that they long thought could never and would never happen. dean reynolds is in detroit for us tonight. dean? >> reporter: scott, good evening. well, federal judge stephen rhodes agreed that bankruptcy is the only way out for a city that can no longer serve its people or pay off its debts, estimated at $18 billion. detroit's current situation is so bad, though, that the sacrifice involved in a financial restructuring this big will hurt-- a lot. dave bing is detroit's mayor. >> there's going to be pain that goes around and we've got to figure out how we can mediate the least amount of pain for any one individual. >> are you loosening up, dave? >> reporter: david allen was a firefighter for 20 years before a roof collapsed on him and left him disabled. he receives $3,000 a month from the city-- for now. >> i'm getting better with the therapy that i'm taking but if they were to cut out my benefits as they're talking about doing i can't afford it, i won't be

sworn in on january 8th as our ferd mayor of the city and county and inform and the first asian american in the history. with this being the second largest united states and the largest population in the state you mayor ed lee have made us proud. nearly 15 percent of the workforce of nearly 27 thousand employees are of filipino descent. asia a senior filipino elected official i'm proud to work side by side with a person of integrity, value and balance. his commitment to our community is demonstrated not only through honor and recognition as we does with the annual flag raising committee the filipino women's network representation and the special heritage month celebration but through his actions to run a city that that will help everyone thrive and succeed. he's worked hard to create jobs and everything that supports parks and housing and quality of life and public safety and education. all things that are critical and important in the filipino community. mayor ed lee has given over 22 years of service and has served as our orchestra of public works and our director of the human rights commission and the deputy director of employment rel

kwame kilpatrick, racketeering and extortion, it helped push the motor city into the largest municipal bankruptcy in americanistory. he got the term he wasn't elected to serve, 28 years in federal prison. speaking of elections, number seven on the list isn't a mayor but he could have been. new york's former congressman, anthony weiner, a hit performer on the list for the sexting controversy that made him leave capitol hill. an encore running for the big apple's top job. when explicit pictures surfaced sent to a 22-year-old, weiner, who is married, lost the primary with less than 5% of the vote. weiner gave the media, we're number one hand signal as a parting shot. while we're on the subject of popularity, number six on our list, that agency everybody loves to hate, the internal revenue service. what might be described as one of the most notorious naughty lists in recent u.s. history. it seemed somebody at irs got the bright idea of singling out conservative groups, especially tea partiers, for extra special attention. the practice attracted outrage from coast to coast. and an investigation by the other feder

the turn at the church was the largest in years, boosting hopes for peace in the holy city. >>> a recent pole has found that nine in ten americansy celebrate christmas, but for a growing number of young people, the meaning of christmas is changing. many see it as a cultural holiday, while others are fighting to keep the christ in christmas. >> reporter: tis the season of giving, shopping, and dodging crowds to visit family and friends. >> my name is noel, so i'm big on christmas. >> reporter: polls show for about half of americans that celebrate christmas, it's about faith. >> i'm the elder in the church, so tomorrow i'll be most of the day at church. >> reporter: but for one-third of christmas sell brandts, it is a calltural holiday. adults under age 30 are less likely to attend christmas church services. the president of american atheists thinks the real number of americans who see christmas as cultural rather than religious is much tire. this group put up this billboard to show people they didn't need religion to enjoy christmas. >> do something fun, do something festive, you will have a better season. >> reporter: but for sh

eight, quamy kill patrick, convicted of racket tearing so pervasive it pushed the motor city into the largest bankruptcy in americaned to serve. 28 years in federal prison. speaking of elections, number seven on our list isn't a mayor, but he could have been. new york's former congressman, anthony weiner, hit performer for the sexting controversy that made him leave capitol hill. encore running for the big apple's top job. when more explicit pictures surfaced that were sent to a 22-year-old woman under the alias carlos danger, weiner, who is married -- we're number one hand signal as a parting shot. while on the subject of popularity, number six on the list is that agency everybody loves to hate. in keeping with the season what might be described as the notorious naughty list of recent history. somebody at the irs got bright idea of singling out tea partiers. it sparked outrage from coast to coast. investigation by the other federal agency fear and anxiety everywhere, the justice department. nongovernment players must be mentioned for outstanding performances in 2013. number five, the former man of steel, lance arm

the fox news deck in new york city. first from fox at 3:00. that enormous mega millions jackpot is $636 million. lottery officials raised the amount hours ago, make it the second largest prize in american history. now folks are lining up at convince stores to get the luck. lottery officials say the odds of winning are one in 259 million. a little perspective. if i thought of asking you to name one person in the united states, the same odds. i jive you choose the lump sum you will walk away with $341 million before taxes. officials say they expect people to buy 70% of all the possible number combinations, which means there's nearly a one in three chance that nobody wins tonight. the current record for a jackpot, $656 million, from a mega millions drawing last year. and the lottery officials say if nobody wins this one before christmas -- there are a couple of drawings before then -- we could see it hit $1 billion. as if whatever today's is againing not enough. jonathan at some gas station in atlanta where someone -- looks like the woman just won it. >> reporter: well, people are very active. everyone who comes in here, many of them are convinced they have the winning numbers. the odd ha

the tenth largest city in the country and it's now, i think, in the mid-60s. >> ron, we talk about the automotive industry coming back but that's because of the american taxpayer not letting it fail and the investment that we've all made into the automotive industry. meanwhile, the city is failing. >> reporter: the city is failing, yes. and it is the inner city. i mean there is so much urban blight in detroit that there are only really maybe a handful of other cities in the country that are suffering the same type of true deterioration that they have seen in detroit with not just abandoned factories and warehouses and things like that, but even the residential areas have fallen into such disrepair that no one will go there. now again, rather ironically, the rest of michigan is doing very well. i was out there just earlier in the year and government officials and business people are talking about something of a renaissance going on in michigan, particularly in the industrial sector. it just has not made it to detroit, and detroit has really collapsed from within. >> again, the federal judge saying that detroit is eligible for bankruptcy. ron, i want to thank yo

the city made by its unions. today's ruling most likely to be appealed going forward. the detroit filing is the largest in american history. and the numbers are in on cyber monday. sales topping $2 billion for the first time ever. adobe says online sales rose 16% from the record 18% of that business coming from smartphones and tablets. as of monday evening, amazon up 44%. walmart.com selling is out of xbox 1 and ps4 by midafternoon. those were at full price. somehow, barbara, i don't care a lot of people got a lot done at work yesterday. >> unfortunately, i was too busy to shop. did you buy anything? >> not me, no. too early to shop. >> maybe they'll have another one of those days. thanks a lot. have a great day. >> you got it. >> people are asked to think about others. with giving tuesday. that's what they're calling today. a relatively new addition to the holiday season. it is devoted to charities. locally, providing holistic health care is holding an open house from now until 6:00 this evening. to drum up support for giving tuesday, organizers want people to post pictures of themselves volunteering on social me

americans exposed to hackers. >>> and the head of the largest police force in the country is about to leave. new york city police commissioner discusses the stop and frisk policy. (vo) you are a business pro. seeker of the sublime. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro. so, if you're sleeping in your contact lenses, what you wear to bed is your business. ask about the air optix® contacts so breathable they're approved for up to 30 nights of continuous wear. serious eye problems may occur. ask your doctor and visit airoptix.com for safety information and a free one-month trial. we chip away. with an available ecodiesel engine... and a best-in-class 30 mpg highway and 730-mile driving range... for all the times you dreamed of running away from home -- now you can. with enough fuel to get back

he helped push the motor city in the largest bankruptcy in american history. hit performer for the sexting controversy. weiner made a bid for the top job of new york, but more pictures sent to a 22-year-old woman under the alias carlos danger, weiner lost the primary with less than 5% of the vote. weiner gave the universal we're number one hand signal as a parting shot. while we're on the subject of popularity. number six on the list of the agency everybody loves to hate. the internal revenue service. in keeping with the season which is described as the most naughty list in history. somebody at the irs got the bright idea of singling out conservative groups. the practice attracted outrage from coast-to-coast and an investigation by the other federal agency that brings up fear and anxiety everywhere. the justice department. and speaking of spilling the goods, there are non government players that must be mentioned for outstanding performances in 2013. number five on the list is the former man of steel, lance armstrong. here is a guy who was master of the cyclin

the president now sending soldiers to protect american citizens and property. clashes in the capitol city have spread to other parts of the country, including the largest state.keepers have died in an attack on a u.n. compound and 500 civilians feared dead since last weekend. we have more on the spread in violence. >> officials checking passports. those who want to leave must be on the evacuation list. >> foreigners and some locals are being flown out of the country. they've been told it's for security reasons. u.s. soldiers are making sure the capitol is safe for planes to take off and land. they've monitored the situation together with u.n. troops. many people can't leave, finding safety in u.n. compounds. during the day, they go out to find food but return before sunset. >> this is the area where most of the fighting took place. it's almost curfew time and families are coming in to safety. they don't feel safe sleeping at home at night. >> civilians are targeted along ethnic lines. the man blamed for the violence is the former deputy. >> for them now, they are waiting for us outside here. if you go outside, they can kill you. >> the violence is blamed on a

city. you are looking at american airlines c.e.o. packer and the officials of the airlines. today is the official debate of the newly emergencied american and us airways now one of the largestorld. the government should ok'd the merger after challenging it because of the lack competition that would be created by the merger. ironically this is on a day when american has had to cancel hundreds of conflicts because of bad weather at the major hub in dallas. here is the opening bell. >> it is hard to hear with the hearing but hopefully the weather is not an inauspicious >> we will talk temperatures. on the peninsula, we are freezing cold in foster city at 32 and woodi'd is 21 and palo alto is 27 and menlo park is 25 but near freezing in san mateo at 33. notice just about everyone is freezing but for mountain view, and concord and livermore and antioch and livermore have a little bit of a freeze, but, still, frost inland shaded from the wind. here is the day planner today the next 12 hours are frosty cold start with most of us in the 20's to mid-30's and by noon, profit is gone and temperatures are jumping 20 degrees in the mid-40's and then we worry about the poor air quality a

largest energy investor. our commitment has never been stronger. >>> a coalition of teachers and students and community leaders rallying in dozens of cities across the country, what they are calling a national day of action. americanhers staging the events as part of ongoing efforts part of proposals private over public education and too much of a burden on teachers. joining me now president of the american federation of teachers. randy, great to see you. >> great to be with you. >> what motivated this day of action. why do you feel public education is threatened. >> actually as we've seen from the recent results, which shows the united states basically just holding its own and not moving forward, the countries of the world that outcompete us understand that public education has to be the center of education. they have to port teachers and support parents and rich curriculum including arts and music and science. that's what we're calling for here. we're one of any number of groups, student or parent, community groups that says we need a new school not fixated on testing, strategies that create winners and losers but we have to help all of our children achieve and succeed. that's why you see the largest coordinated

the city's largest employee union fwoild an appeal. the ruling could have implications across the country for retirees already struggling to make ends meet. >> we have an american dream that if you work long and you did the right thing, that you would end up being able to live comfort annual. what he's done now, i don't even know how i'm going to do this after january. it's already the fat guy has to sit around and make up my mind whether to take my medicine or eat. what do they want me to do now? >> detroit is now the largest public bankruptcy in u.s. history. >> can we just point out to people there is something tragically sad and obscene about that ruling where jefferson racings of incompetent political people have driven that city into bankruptcy and the people paying the ultimate price are public employees who legitimately signed and agreed to pension deals that can now be taken away from them. >> we are not talking a lot of money individually, an average of 1,800 to $2,000 in pensions. they will have that reduced, awful. >> it's a big ruling by this federal judge. pensions are protected under the state constitution in michigan. this judge said they're not

americans cannot be denied insurance coverage. >> it is decision day for detroit. in a few hours, a federal judge is expected to rule whether the city is eligible for bankruptcy protection. it's the largestal bankruptcy filing in u.s. history. we are joined from detroit. this isn't just about detroit's finances, this could hit some long time residents hard, this bankruptcy. >> good morning. yes, that's right. there are a lot of retirees who worked for the city at some point who are on edge this morning. i have talked to legal analysts and they all strongly believe that the judge in this case is going to approve this bankruptcy. is a mentioned, the retirees are on edge and that's because at this point, they have so much to lose. >> bankruptcy is a term that none of us ever wanted to get to this point. >> facing a staggering $18 billion in long term debt, it was made clear that everything from the city's assets, like masterpieces at the detroit institute of art to retiree pensions may be up for grabs. >> to me, that's robbery. >> donald smith is one of some 20,000 retirees worried abing a husbandly awaiting the judge's decision. >> i'm not asking them to give me anything but what i earned.

the largest art show in the u.s. what many cities want to have. at this hour the american war veteran who has been detained by north korea is on his way back home. he was released early saturday. melissa chan is outside of the community where mr. newman and his wife live. i'm sure they're eagerly awaiting for him to come home. what about the time of his release and the fact that joe biden is in south korea. now vice president biden said he had no direct connection to this, but what about the timing of it. >> any time you have the vice president in asia and with the situation of merrill newman, you would think that there would be negotiations. vice president biden said that he was not part of any negotiations. he was in south korea, and we all know that south korea and north korea do not get along. he was not home for thanksgiving, but thankfully he will now be home for the holidays. when merrill newman made the trip to north korea, he would not have known how much more of a difficult journey it would turn out. but now he's departing for the u.s. a great relief to his famil