after that the united states state department and embassy wanted to evacuate all united states citizens out of pakistan saying it's dangerous here but i had a lot of work to get done so. i called my wife and asked her what should i do and she said stay there with the people you love. finish up your work because you need to be over there right now. and when i was in pakistan after 911, everywhere i went i was touched by outpouring of empathy and hospitality. i remember a poor elderly widow that brought me five precious eggs and pushed them in my palm and said bring these back to the widows in new york suffering. this is all i have to share with them. i was invited for prayers of piecen the mosque and every whether i went people apologized even though they didn't have anything to do with it. finally it came time and i went back and when i got to corefa, hangele had passed away. i went to his grave and stood there look at his box in the ground and thought, how can i go on, this man had become my father, mentor and guide. he told me to sit down and be quiet and take a bath and so many thing

united states is down, but not out. we still have trust in the united states. but the united states has to get in order. e republican, democrats, house and congress have to meet together and this solution for the problems of the united states are solvable. >> let's talk about the money you just put into twitter. $300 million you invested in twitter. what's so attractive about this company to you? >> usually, we don't enter into venture capital entities. but twitter has passed that phase, obviously and they are no more venture capital phase. more than 300 million tweets every day. i believe the potential for twitter is dramatic and big. this company is a force to reckon with. and i believe that the future of twitter is very promising. >> what's the business plan of twitter. you say today you met the ceo and the cfo. do you have confidence that they're going to be able to make money? >> you bet. otherwise, we wouldn't have invested there. >> how is citigroup doing right now? >> i believe citigroup is doing very, very well. have the company go out of the wilderness that it was in. they made more than $11 mi

united states down but not out. still have trust in the united states, but having said that the united states have to put their house in order. republicans, democrats, president and congress have to put the house in order and meet together and this solution for the problems of the united states are solvable. >> i want to talk more about your investing in the u.s. take a short break and then come back to our exclusive conversation with prince alwaleed bin talal, chairman of kingdom holding company. from the macroenvironment to ininvestigation, he will talk to us about ininvestigation. find out where he sees the biggest opportunities. >>> welcome back, here with me, saudi prince alwaleed bin talal, chairman of the kingdom holding company, with us for the very first time. so happy you made your trip to the united states, your highness. talk about the money you just put into twitter. $300 million you invested in twitter what is so attractive about this company to you? >> usually we don't enter into venture capital company bus twitter has passed that phase and no more venture capital phase. and i believe that the company

united states. since the international financial crisis broke out china has been taking measures to increase imports especially imports from the united states. investment in trade promotion sent by the chinese government to the united states every year from 2006 to 2011 have made purchases of more than $100 billion. china's overall trade surplus has dropped from the pre-crisis level of over $300 billion u.s. to $150 billion. in 2011 china's trade to gdp ratio dropped from over 7% to 2% and moved within the reasonable range by international standards. the reform of the r and d exchange rate mechanism has played an important role in this process. to be frank it is very important for addressing china-u.s. trade imbalance that the states adjust its economic policy and structure including removing various restrictions on exports to china in particular easing control on civilian hi-tech exports to china as soon as possible. this will help balance china-u.s. trade, stimulate economic growth and job creation in the united states, and improve the balance of u.s. international payments. china has proposed to the united states a framework for promotin

this comes from a united states military commander in the united states. i'll jump across the border and tell you why the stakes could not be higher. this is pakistan in 2005. 74,000 people were killed in this earthquake. 18,000 were kids going to school. most of the kids that died were younger and female because they didn't have desks so when the walls started shaking and the roof came down they perished. there was 9,000 schools destroyed or rendered unusable. 1/2 million kids displaced out of school. in earthquake, they call it the coy mot that means this apocalypse. at first there was a very heroic effort. infer natio international community helped. after katrina red cross got 2,000,000 for help and for this earthquake red cross received 6 million dollars. the united states sent in helicopters that conductd the greatest air lift in the history of mankind. moved about 20 thousand on thes in the mountains to keep 1/2 million people a hive during the wintertime. it was very heroic and people were grateful. aid has dropped 70 percent after a year in the wake

united states sees the u.n. as a tool of convenience if the u.n. is supple and going along with the united states then the united states is fine to have a u.n. sanction for its actions but when the u.n. and the people of the world or the countries of the world resist then the united states says the u.n. is unwilling to do its job and then uses other instruments like nato or other military arrangements they did that in the case of yugoslavia they did that in the case of the iraq war whenever the u.n. doesn't go along the u.s. then says well to heck with you one will use some other instrument for the exercise of american power last year the u.n. security council authorizes nato to protect civilians in libya but the mission resulted in regime change the libyan authorization of force was very specific and it didn't authorize regime change in the countries that partook in their operation clue you know actually it's for exceeded the u.n. mandate and their operation i think that's symbolic of the fact that these libya that these u.n. mandates really are meaningful in terms of international law and it's

more than 40 united states states have already signed off on the plan. >> it's getting more dangerous in syria the united states closed their embassy. how the government playing hard ball. >> reporter: rebels are preparing for the fight they know is coming. they call themselves the syrian liberation army though they have no military training. they claim to be in control of large parts of this city. there is been a hot bed of unrest since it started nearly a year ago. >>> is the goal of your group, to protect the people in your area or is the goal to take down the regime? our goal is to protect the people and to bring down the regime he said. we went on a tour of the area he claims to have rabe rate from the government. all the people here are with you? >> this area is all your area? >> my area. this one. this one. this one. government cannot come. >> reporter: along this road armed rebel fightsers man the checkpoint, not the army. just a few minutes later we were stopped. forces had left a message by the received the road. > >>> this man was a political activist, that he was taken by

interests and then because of these being to our allies of the united states united states is involvedand it's actually the most important power behind the sanctions and behind a whole campaign against iran let's say the case of the european union it's actually. the influence of the united states that has brought us into the into the situation because european union actually had a very good relationship in terms of the economy and trade with iran it was retrieving the last twenty years all the the the connections that had been lost after the iranian revolution and the situation was improving until we came to these two these new tension that has been in my view to a great extent artificially created and yes it has now become an economic issue and can have even more. destructive effects if the iranians decide to say cut of the strait of hormuz or even if they now decide to beat europe to it by by by cutting off their oil now because we need this time to find alternative supplies if they cut the supply now we want to be able to find them there will be a huge recession in europe of course

united states. they're going to split off louisiana from the united states. they're going to unite louisiana with canada. and they are going to extend their control from louisiana, canada to the west coast of the united states. okay? at the same time, they're going to break off new england from the united states, and they are going to take over, also, florida. so they're going to dismember the united states. they sent -- the troops that were fighting napoleon in france in april, after april of 1814 were sent to bermuda, then to quebec to begin the invasion. madison had a feeling that it was going to be coming. it looked like we were not going to be able to prevent this. and from april of 1814 until august of 1814, the english looked very formidable. and on august 24th they burnt our capitol. this was not the major invasion. the major invasion was coming from canada and from new orleans. this was simply a raid. they had 4500 troops alone. we were a country of eight million people, almost eight million people. and here we are 4500 tired british soldiers who had

united states, is way ahead of everybody else. look at renovation, look at what is the concept -- the united states. look what happened when the united states debt was down graduated gras, downgraded, so that is the confidence. the united states is can do -- i mean if the political bickering stops in both parties and is unified, i could also what happened between reagan and the republicans and democrats, between can clinton and gingrich and now able to consolidate and work together, i think there is no way but for republicans and tells to work together, even in election years. >> rose: how do you see china? >> in china everything is controlled and managed by the government, as you know. >> rose: yes. >> and. >> rose: they can create a stimulus overnight. >> sure. and look at china, you have the economic system is very much capital-lific capitalistic. >> so these two cannot go forever and clearly china has to grow by seven, eight percent at least so no social upheavals take application or social unrest, so china has no choice but to grow at that rate, because if you look the east coast is growing by g

they face a lot of problems that the united states just because the united states project started a fewecades later the united states was able to overcome some of the problems the french had faced. the french didn't have as good technological development as the u.s. had. they faced much more trouble in terms of disease. by the time the united states project began in the early 20th century discoveries had been made about what caused malaria and yellow fever in the united states and able to take action to eradicate those diseases. also the united states made the decision, crucial decision to build a canal rather than at sea level canal. >> host: what was the crucial? >> guest: ac level canal was more difficult to accomplish, much more radical digging and structural recreations of the area had to be done for c level so the lock canal was a brilliant decision. >> host: how long is the panama canal? >> about 40 miles. >> host: how long would it take to traverse it? >> guest: i took a ship through the canal several years ago and it is an all day trip. >> host: because of the locks? >> guest:

stated in the united states is different on those thirty degrees h. or greece does not have its own currency hardly being the united states it has its own its own currency so there's one k's to be made greece could default the united states cannot default so there is a difference between between those two also when we're allowed to increase we have to. find actually why and how did you increase it's not easy to suggest that somehow or other since all the counters in the euro zone were allowed to borrow the banks were allowed to borrow at the very low interest rates and pile up on on government debt which was then a little bit higher so they can make their profits this is not all to turn out and say well we allow this to happen but now it's time that the party's over and therefore the population has to pay for that ok do it or a clearly a very significant back to london frankly because i think what's really interesting here is that the greek situation of kosovo it's like going on in the united states is that the greeks have just lost their sovereignty i mean like it or not it's burned in frankfurt and brussels they're vanishing their economy and this is

but prices continue to go up and i should point out to our viewers that in even in the united states the united states is an x. a net exporter of gasoline right now but gasoline prices are very high so fred why are energy prices so high. well that's only one answer here that's there someone not fully elements in the picture but in so far as the price of oil is concerned over the years it's gone up since two thousand and eight because demand is out running supply and olympic kind of just the price of oil they are the ones who determine the supply on the margin opec determines the supply and opec of course has an agenda that agenda is to bank. an enormous amount of money this year and and they intend to do that and game theory we call that a focal focal good will and their goal is to get as much this year as a guide last year which was an enormous amount of money and so they want to not allow the price to go down if you were in their place you would do exactly the same thing it's not speculate should well get better they just thank you it does get to speculation in the second curve what do you think the

united states would be enormous in size and not people. would have to be launched from fixed locations where the united states and russia join the united states could monitor these these missiles many in the united states like the views of. a maintains that the european missile defense system is ineffective the scientist estimates that it has. to be united states from a rainy and missiles instead it creates problems for russia if russia believes is the fence is not needed. but it doesn't if you're radical threat to russia. my guess is that the russians. if you want to spend your national treasure this will help you so it solves the political problem and it provides a much more capable defense with united states currently built in goods. much cheaper. the professor believes that the purpose of nato is radar and europe is to track the movements of russian strategic weapons and to monitor russia's new military technologies. the real target could be russia but certainly it makes the people of europe less safe it draws them in in fact as a geo strategic pawn by great powers as they maneuver and use the missile defense shield not as a way to defend

united states fifth fleet will be the first defense. as there is being so that the persian aggressors and that the united states is there to defend their from this aggression that in fact it's the united states and easily metrics that the aggressors in every single instance and there's no evidence for that a daily basis that will extend the united states and israel invading army and air space and dropping bombs on their country those two nations have been engaged in all sorts of covert will still do against iran from assassinating their science and . sending cyber sophisticated by this is inside the will ferrell into the facilities to sun then you know i'm a new to this group. that is a marine dissident group to their free will and the iranian government and then you add on top of that the fact the united states has a bunch of the in circle who have military bases surrounding that country are almost every may bring a neighbor or you simmers class an aggression by the united states and there's a scene the united states may have to defend there we're. going to question that's who the purist and those are sort of five of them but you know

>> right now with the increasing display in the united states, the gas prices have fallen. and i think oil prices in the united states may also be, i mean, right now, wti, kind of the marker crude for the united states is running under brent by about 10 bucks a barrel. the differential has been even greater in the last year. it peaked at 24 or 27 or something like that. relatively speaking, u.s. prices are relatively low. if prices go down, that could be a stimulus to the economy, but prices in the united states are generally lower than in other markets already. >> thank you, sir. >> thank you. senator murkowski? >> thank you, mr. chairman. dr. gruenspecht, just very quickly, i want to ask for some clarification here. there's an article coming out of a local alaska newspaper from yesterday that indicates that the alaska to alberta gas pipeline, the proposal that's been under consideration for several years has been taken out of the outlook reference case, because it determined that the project would not be economical based on the price forecast through 2035. and then there is another statement that says that the fina

ruling is expected in the next few months but the case could be decided by the united states supreme court. united states berkeley. >> on facebook, we asked whether race should play a role in admissions. leonard writes no, i do not. it should be all about your grades sat scores, you work hard. and another writes race should never play a part however until we can level the playing field with in all high schools it'll never be fair. you can join the conversation on facebook. just look for ktvu channel 2. >> we have a little bit of wind. out at point reyes we have gusts of near 30 miles an hour. it's real windy along the coast. cool, the showers have ended. in some of the inland valleys we will see fog. there go the showers, lot of cold air in place. breezy outside, more weather systems in the pacific. we have a shot for rain in the five-day forecast ; terrorism morning light winds in the inland valleys should get us valley fog. won't be the widespread fog we see often this time of year, you can see patches of it. watch for it tomorrow morning. temperatures tomorrow will be on the mild side or cool side, lo