us. government has a role to play, no doubt about that. much of what ails us, even though there are jobs, we hope that will be addressed in the not too distant future. what's the advice you offer to every day people who find themselves in the situation right now where they need their money situation to be cured? >> the first is, you have to have a diagnosis and all in individual situations where it is specific. i talk about different ways to break out your own diagnosis and biggest crippling factor is our own personal debt that we carry. so many of us are crippled with credit card debt. i talk about the difference between smart money and dumb money. many of us are talking about dollars to dollars but it's not true. it is worth the same or more. dumb money is whatever you bought -- depreciated or worth less. anything with credit card debt, you have to figure out a way to get rid of that debt first because you are going to be stuck. one of my favorite quotes is you can't be free if the cost of you being is too high. for so many of us, debt ha

the us has not hesitated to use any excuse. to. diplomatic relations with iran and these are all confrontational steps but is the west has decided to take these are not for dr if the unfortunate things are simply not here to offer a much larger problem to iran and the west in general which is the breakdown of the modicum of history channel's dialogue and negotiation is restored you'll see escalation of the current situation the branches of a very strongly ordinary iranians this is a lose lose situation on the one side to rein in spending cuts financial system and the oil industry which is being signs of that but at the same time ordinary plans are prospering because as we see the new science and the wrongs oil industry the price of food is going to rise. grosser curious what you think about the consequences of the u.k. embassy siege in tehran you can cast your vote at r.t. dot com that's our website online all the time and this hour we can see the majority think it will eventually end up with western intervention on iranian soil b o

washington has options to use other it has our options as far as its supply line is concerned they can use other routes into a bernstein but what they cannot replace is pakistani cooperation in stabilizing the funds. and there are many reasons for that of course. is. a need for hope understandably have. many players on the of my political scene and it would be and of course we are host of the largest number of other grants of refugees i would say to understand and to stabilise of understand their elite box and support and they understand and they know this and i think that some of the heavy handed tactics that we're seeing in the americans using. pakistan have something to do with force in pakistan to get in line with the american agenda and of course a correction from the aipac nationalists for many things. working arts here in our public sector workers all over britain are taking part in a strike over pensions union say it's likely to be the biggest walkout in decades balance of schools and offices are closed while hospitals are badly affected and being forced now are the only perfor

every sound loud as a roar -- rolling sea ♪ ♪ sing a song full of the faith that the horde has brought -- brought usull of the hope that the present has brought us ♪ ♪ facing the rising sun of a new day begun ♪ ♪ let us march on to victory ♪ ♪ as one [applause] >> thank you. i'm al williams, president of the board of the san francisco african-american historical society. we'd like to join, and trevor, in welcoming you all to this annual 2011 kickoff program for black history month. first of all i'd like to say that the chairs to my right are vacant and will be filled shortly. the mayor will be arriving about 11:30. he had another engagement that he was they'd at. and supervisors -- he was delayed at. and supervisors -- no, that's not them -- miracle arim aye and coyne are in committee and i understand they will be finishing up shortly and then they will be joining us to bring greetings. i want to thank pastor curran and ms. suites for their participation in the program. and ms. suites with her wonderful voice, we use this program as an opportunity to present cameos of people who are otherwise engrag

and us however russia has strongly opposed the measure. was following the latest developments for us our peter good to see you so russia has long warned against sanctions and hasn't really changed its position tell us what exactly has been said . well russian foreign minister sergey lavrov has expressed russia's dismay at the decision to suspend syria from the arab league went on to suggest that he saw the shadowy figures of western government behind this decision to remove syria from the arab league now russia of course is opposed to any kind of military intervention and further sanctions to be imposed upon syria but they are concerned the situation in syria could go down perhaps a similar route as the situation in libya did where we saw outside military intervention foreign governments straying well beyond the parameters that were laid out in un resolution something that russia has said that they will do everything within their power to stop happening in syria as they try and push for a peaceful solution to the ongoing conflict in the cou

using less. charmin ultra soft has extra cushions that are soft and more absorbent. you can use four times less versus the leading value brand. ah. [ female announcer ]nc . we all go... why not enjoy the go with charmin ultra soft. forif you're not ready winter, be glad you are not in northern wisconsin. people in green bay are digging several inches of snow. has caused power outages and accidents. coming early in a places. >> it is so pretty to look at. from a distance. lessne ironic point, the inport beat green bay measurable snowfall this season. with our nor'easter on october. we had 0.6 inches of snow at dulles. that the green bay. i wrote about it on wjla.com. winchester, 54. frederick, 45. a warm morning. especially east of the 95. down in the northern neck, that have the fog advisory. we have an increase in the cloud cover. we will see some sunshine out there. general, an increase in the -- that could us a sprinkle. i did notice a sprinkle east of cumberland this morning. 56 today and near 50 tomorrow. how was the commute? >>> frightening. because of the fog,

the fcc has a number of forms they can use. they can bring it administrative action. -- the sec has a number of forms that they can use. they can bring a civil action in federal court. the sec does not have jurisdiction over criminal cases. they refer that to justice. in addition, if they think there has not been enough advice to the market and they think the people involved are not aware with their responsibilities were, they can issue a report by which they advise of the responsibility and it defies the orange county report. they must show that there is a materially misleading mistake or omission that has been made or is committed which can be either intent or recklessness. for the ninth circuit, they have defined recklessness as an extreme departure from the standards of ordinary care which presents a danger of misleading investors that is either known to the defendant or so obvious that the actor must have been aware of it. they have to show the same three elements. in addition, they have to show those damages as well as rel

angered israel and the us has this move actually achieved anything for the palestinian people this acceptance to unesco. i think this is important. to be the palestinian country as a full member in. this. policy of people. in the future to lead to. ending the occupation in. this important and also this message to israel how many countries support. the palestinian needs will do for for. being here. are the members who are interested in her ok we're running a bit of out of time but i do want to ask you very briefly what do you personally see as the best way forward for israel and palestine to finally solve all of this. i think peace is the main issue. of greece and the handover. not to draw on the most from jerusalem. it must be also in the for it live. in peace this is a city which is without their rights were the procedure for independence. would not be a. peace pact thanks very much for your past there jamal al to carry chairman of the popular committee against the siege talking to us live from gaza. right well l

international coalition led by the united states in afghanistan has failed to do that bucks and has been used as a punching bag and has been blamed for the failures of the international coalition in afghanistan with glaring major failures there that cannot continue and i think pakistanis have been reviewing this for a long long time and i think the time has come now for a major parks and has suffered losses in excess of fifty billion dollars over ten years lost opportunities investments that ran away skate went somewhere else and so forth and of course not to mention the huge psychological damage of course that the pakistani people are suffering from as a result of our role in america's war in afghanistan it's now or six minutes past the hour here in the russian capital two million public sector workers all over britain taking part in a strike over pensions and unions say it's likely to be the biggest walkout in decades thousands of schools and offices are closed while hospitals are badly affected and being only able to focus on an emergency care. reports one. this is the biggest strike for a

it has helped us externally and internally. the board has been very active through the marketing committee, being part of the process with the staff's and with the leadership of nick in defining the scale of the project, raising the necessary funds for it. also, key decision making points such as the visual logo, which you see here today. i have to share a story about the logo. after the meeting when i came home, i had a bunch of different ideas that we had been discussing at home. jerry said to me, do you realize this is the symbol in math for all? apparently he was the only one who had been paying attention in math class. i said, is that true? it just felt right. that is when the going really hit the mark. we thought that this was really the right logo for us. today, i want to again invite everybody to our new asian. we promised it will be all- inclusive plan and offer you something to be awakened and inspired about. >> thank you. first, it has been a real pleasure and privilege to work with the museum, with such a clear visio

international coalition led by the united states and afghanistan has failed to do that box and has been used as a punching bag some has been blamed for the failures of the international coalition in afghanistan which are clearing major failures there that cannot continue and i think rocks that have been reviewing this for a long long time and i think a time has come now or maybe were talks and has suffered losses in excess of fifty billion dollars over ten years lost opportunities investments that they ran away skate went somewhere else and so forth and of course not to mention the huge psychological damage of course that the pakistani people are suffering from as a result of our role in america's war in afghanistan. two million public sector workers all over britain are on a massive strike over pensions and marched through many of the u.k.'s major cities the heart of all schools were closed as were many offices well hospitals have been badly affected and of being forced to focus on emergency cash let's get more now from artie's or smith she's live in des moines. speaking to people out on th

russia has been announcing the west's counterparts in the us and nato for years now one just has to look at a map they were talking about you can really see how from europe johnson the middle east russia's eastern seaboard the country is completely surrounded so it it's not difficult to understand where russia is coming from they say the same thing to diplomats and leaders in the wires that we need some kind of find a guarantee that those systems are not going against us just telling us everything will be ok just believe us it's all against rogue states as they call them like iran is just not enough and really what's happening here is to put it simply is that they keep on hitting the same wall russia says we need to leave behind guarantees the u.s. is no let's move forward any way we want to have separate systems and russia once again today has really put down his foot and says we need guarantees that these missiles and these defense systems are not aimed at us and if we don't get those guarantees we're going to move forward with our own systems. our thinking is now with a live in from t

use for the bonus attacks. there have been nine already. he has used the bonus tax -- [laughter] let me give him the list or teaches the bonus tax the higher tax credits, giving child benefit to those on the highest rates of tax, cutting the deficit, spending on public services, more money for the regional growth fund, that's where he's defending it rather than attacking it, turning empty shops into council community centers, and higher pressure this is the bank tax that likes to say yes. [laughter] no wonder, no wonder the shadow chancellor stopped saluting and started crying. [laughter] >> ed miliband. [shouting] [shouting] >> even for this prime minister to be playing politics with youth -- [shouting] and he is the one, and he is -- >> order, order. let me say it again. the prime minister will be heard, and the leader of the opposition will be heard. and laughing about the denial of a hearing is not to the credit of being the honorable or all right honorable member. mr. ed miliband. >> the truth is he's the one cutting taxes for the banks year

charges of looting armed robbery and embezzlement has been under house arrest since he was ousted by internationally backed forces seven months ago. the. us vice president joe biden has arrived in iraq to discuss the departure of u.s. troops out of the year this comes months after washington failed to reach an agreement with baghdad to keep a small foreign military presence there as the troops departure draws nearer attention is being drawn to the hundreds of billions of missing dollars that have disappeared since the start of the war in two thousand and three this leaves many wondering who is responsible and why aren't being held accountable. we're talking about hundreds of billions of dollars that were spent by the u.s. government and hundreds of billions of dollars that were spent on you government and then all until today has no electricity no water. so you can't see would the money has been spent in the u.s. occupation of iraq. and no accountability and that is from the u.s. . so it. is one of the most corrupt countries in the world the situation is that when i go there you can't. corruption in three different every transaction. you

the current the difficulties of the us government creating jobs the fact that the us has lost the compared to its competitive advantage in most of the traditional manufacturing industry so you hear china reduce their its exports to the us by increasing its. other low wage emerging market to countries to quit the stampede to repress china so these kind of debate i think the chinese leaders are quite clear minded upholding that can you think first the national interest of the u.s. presidential election is approaching and. that case the chinese economy and they can use the currency you are used to ask a. scapegoat for you as a difficult economic difficulties again so recent thread that's why i mean the. theory i cannot gain. asia pacific leaders in hawaii were also keen to shield themselves from the fallout in the euro zone in europe itself it's all change as technocrat governments take over greece and italy in rome x.e.n.u. commissioner maya monti is starting talks to form a new cabinet to tackle debt argy sara further explore is whether leaders that no one voted for will do a better job tha

at the end of the day, i occupy wall street has caused us to -- , occupy wall street has caused us to look at things in new ways that we need to. we are grateful for your leadership. right now, we have foreclosure in district 10. over 1500 homes in the bayview alone. a silent crisis that your work has highlighted, in a way. the municipal bank discussion in these important conversations. -- and these important conversations. all of these questions are coming in the spirit that we wanted them to for so long. i support occupy wall street so much so, we will be putting up a tent down at occupy in the next couple of days, and we wanted to say thank you to those that made this possible. thank you. supervisor avalos: thank you very much. next speaker, please. >> i have and i hope the resolution will be carried forward? is there a chilling nature to political expression? particularly chilling, when government officials disagree. a previous speaker mentioned that the square in egypt. there was a march there to support occupy wall street's. the world is watching. the reputation of san francisco

it is in the central piece of their story that uses extramarital relationships and an important piece which has been long ignored by historians. >> you can watch this and other programs online at booktv.org >>> up next from the recent 2011 national book festival on the national mall here in washington, historian david mccullough presents his book the greater journey americans in paris. >> good afternoon. book festivar history to continue for a second day. thank you for coming. [cheers and applause] thank you for bringing the sun now and making it clear that sheer humanity can always overcome the most inaccurate of weather predictions. a special thanks to one of our new sponsors, wells fargo has specifically been sponsoring the history and biography provision. we are coming to the close of this 11th annual national book festival and all of us at the library of congress hope you enjoyed as much as we've enjoyed planning and bringing it to you with so many great sponsors and partners. it's a joyous event, but it's also an important one because the ability to read is the key to a good life in every

and then arrests the current situation where the eurozone is facing internal economic problems has helped us to identify proper ways to integrate and correlate our budgets financial and monetary policies in this way will be able to avoid piling up internal risks and generally situations like this one the crisis has underlined one simple thing if you go so far as creating a single currency union you must exercise tight control over a budget monetary and tax policies are clashing levels at this is not the case and some regions of the eurozone will be exposed to pose as a similar to what's happening today in greece italy and spain which was a cut. in your view what impact will the newly established common economic space have on the global economy and. in particular on europe's china that i read as well as other asian clients with a view. i think the formation of the eurasian economic union will on the one hand allow us to build a strong regional organization with a strong regional economy sufficiently supported by all sorts of stable resources ranging from currencies to natural resources that w

and frustration for us has been a confused decision making process over the years as policy issues come up. "they are responsible -- no, they are responsible." you already pay for the gardening work by rec and park. you are funding everything there, with a couple of narrow exceptions. it is not clear to me what productive role rec and park has out there now. they have no visible presence out there in a long time. they are stretched too thin. this is more in sorrow than in anger. they are stretched too thin to do anything out there except collect rent at some facilities. i strongly want to support what steve ritchie said about creating a position -- call it a manager or an ombudsman or a liaison -- that could be a point where the information is received and decisions can be made. that is a great idea. so many of these water issues fall under your jurisdictions. there is storm runoff, recycle water, ground water, wastewater. these are all factors that properly should be under your control. finally, on the question of expenditures for the boat house, i know it is controversial sometimes, b

has been america's main ally in the region for decades but constant abuse of the partnership by the us has driven a wedge between the two many believe that pakistan's case highlights that a u.s. bearing gifts while later stop at nothing to get what it wants marina for nile r.t. new york. so that on the program this hour millions turn out to cast their votes in edge of. the parliamentary election will set the country on the road to democracy why shortly. and britain is withdrawing its diplomatic staff from iran and has warrant iraq of serious consequences after the storming of the u.k. embassy compound militant students clashed with police and threw stones and petrol bombs at windows of the complex protesters also brought down the british flag burn it and raise the iranian one demonstrations follow a vote in iran's parliament to reduce diplomatic ties with london in retaliation for imposing further sanctions over its nuclear program iran's foreign ministry has expressed regret for the incident political analyst chris bambery believes the new greater sanctions provoked iran which is somethin

of our violence and shooting is in the black community but we are using with young people who are out on the street in general and it has been a critical part of our gang task force within the city and coalition and i know that the rest of our cities use them similar for intervention projects. >> quickly, we lament the passing of earmarks. city mayors, i could sell my case for intervention and prevention to my congress persons and they responded. i have two operation centers in the heart of the most challenged areas of our city kept alive by a half million dollar earmark from congressman jerry lewis and that expires and they don't come back i end up the loser. largely, we did a sale and got a 50% thumbs up from our city to do that. most of that, most all of it has again to the police department. i was hoping to have a little more for prevention and intervention but the council said give it the p.d. so we have supported our programs largely by applications like those earmarks and other applications, cops grant and other anti-gang activities. we have become grant specialists to maintain the resources we have and we have b

murder well for more on this let's cross to our correspondent here oliver who is in moscow has the details for us here this certainly looks like a new chapter in the nuclear murder isn't it. we see here is russia has launched their own investigation into the death of alexander litvinenko now the findings of that investigation so far as that's the man that is the main suspect for alex on the listening because most any united kingdom and that it was actually a target of assassination himself this is due to being carried out on the boy that he is now being referred to as a potential victim of whoever was the the real murderer no. what we've seen is the fight it's been five years since alexander litvinenko was killed using the radioactive isotope polonium two ten izzie sip tea and a sushi restaurant in london and this is being a. murder which is drawn much interest from around the world to find out who was behind the killing of alexander litvinenko. well here this radioactive trail has long cast a dark shadow over relations between moscow and the london just how badly have the thais been affected. we

this solidarity has sustained us through a difficult decade. we will never forget the attacks of 9/11, that took the lives not only of americans, but people from many nations, including australia. in the united states, we will never forget how australia invoked the anzus treaty -- for the first time ever -- showing that our two nations stood as one. and none of us will ever forget those we've lost to al qaeda's terror in the years since, including innocent australians. and that's why, as both the prime minister and the opposition leader indicated, we are determined to succeed in afghanistan. it is why i salute australia -- outside of nato, the largest contributor of troops to this vital mission. and it's why we honor all those who have served there for our security, including 32 australian patriots who gave their lives, among them captain bryce duffy, corporal ashley birt, and lance corporal luke gavin. we will honor their sacrifice by making sure that afghanistan is never again used as a source for attacks against our people. never again. as t

it's really violate its own law transparency it does not side the sources that has used to put this together so. is claiming that something was happening back in two thousand and two before two thousand and three but it is not really saying that after that that it has any information it may may. is used over and over that it may may be developing a explosive device and anywhere he talks about the military is asian of this programs the nuclear programs it's basically uses the water possibility possibility a possibility ok mr wright is one of my because i believe mark what do you think about hype. the report is thousand pages of intelligence from more than ten countries and it shows indeed. well not just that iran is four fifths of the way to developing a highly enriched uranium program but that it has fourteen separate designs for installing the nuclear warhead on its reading range missiles that can reach virtually everywhere in the middle east no one can dispute that the iranian nuclear program is out there for a nuclear bomb least of which the leaders of iran who keep saying they want to an

has the details. circular for all of us said in a statement expressing russia's dismay at the decision to suspend syria from the arab league he said thus with russia's help and advice president assad has been implementing the reforms that were put forward by the arab league in a meeting on the second of november a peace deal a deal to try and broker peace in the syrian conflict now. said he left office said this the decision to suspend syria from the arab league is counterproductive to a peace deal saying that this decision really sends a message to the syrian opposition to to continue fighting against president assad's on the pro government forces in syria not getting them to the table to discuss a peaceful resolution to this now russia has tried to mediate in the past and has offered it serves his members representatives from both the syrian leadership and the syrian opposition have been here in moscow for talks and in fact in the next couple of days a senior syrian opposition member will be here in the russian capital for further talks to try to bring about that peaceful solution on wednesday we're

us. jeff toobin has worked with us on other things on her maurice dees justice award.a senior analyst and contributor to new yorker magazine a few days ago learned that linda fairstein couldn't be with us. she's also a best-selling crime novelist. so let's recognize the committee. [applause] in a few minutes, david baldacci will lead a panel of the book we honor today, "the confession." what to type up mr. john grisham although i'm just repeating facts you another more famous person short of the introduction. grisham originally from arkansas had you read it for the university of mississippi law school in 1881 and practice are for nearly a decade, specializing in criminal defense personal injury litigation. he also served in the mississippi house of representatives from 1983 until 1980. as difficult as all of us know it is to practice, you somehow rode every morning over the crack of dawn with time to kill in 1988. his next book, the firm, spent 47 weeks of "the new york times" bestseller list and was a best-selling novel 1991. two more books immediately claimed the num

outplayed us in the middle east because america has been super busy there it's worth we nor and all those tendencies and we did not expect this social unrest to break out i was with instead we're signing contracts and building relations with those regimes and we'll see those tide coming over such things are quite predictable if you work on it seriously and probably when the u.s. resorted to the use of force in the middle east russia had only two options left kristie it could send its troops to support the other party in the conflict here this is a way the soviet union used to do they can those days when we had many so. local conflicts in africa healed by the soviet union and the united states. the other option was to side with the us which is what we did more or less with but it didn't work out that well. i don't think russia had any other option. what do you think yes there was another option of the more you know the situation in those countries and if you polled the developments there if you maintain a dialogue with the opposition as well because historically the opposition was qu

guys i think europeans need gas field as has many uses with the political uncertainty in north africa it's good to have a stable partner that you can rely on and russia is what would be you know better than anyone else for instance the bit written recently switched from export to imperial europe needs a gas supply to maintain a stable mix of energy sources and it's climatic conditions require him to get it needs norway to go outside but also russia's gas and therefore i think opening the market up to mission companies would be a wise move what if it were named surf and do some e.u. officials opposed whatever it does is for the us most known i guess it is so we have to admit that i hope we will get over it it's understandable that the european union needs russia geopolitically but the reverse is also true it's not a question but with the time has come to start cooperating and stop looking back at an ideological difference here again. it was for the could russia switch supply east to china if brussels keeps up its hostility was that is unknown as it were your evil mines of which is in a

one of the thing that has impacted use is able to impact transportation. not every family has the money to provide kids with the proper amount money for the bus fare. one of the services that helps our school buses. some of this is only those that have to go to school. it is important for students to have this to reach academic success. >> we have pretty strict time limits because city regulations. when you hear the first bell, it means you have another 30 seconds. >> thank you for having me. i live in a shelter with my daughter. i want that service to not be taken from me because that is the first thing that i need as a mother. >> just as housing is my number one worry as a parent, the number two worry for me and transportation for my daughter to get to school. please, i beg you to give the service for the youth. i'm sorry to get so emotional. >> thank you for being here. i appreciate it. [applause] >> hello, good evening. i am currently a student at san francisco university in global science. as a daily passenger myself, i consistently see the struggle fo

use for the bonus attacks. there have been nine already. he has used the bonus tax -- [laughter] let me give him the list or teaches the bonus tax the higher tax credits giving child benefit to those on the highest rates of tax cutting the deficit, spending on public services more money for the regional growth fund that's where he's defending it rather than attacking it turning empty shops into council community centers, and higher pressure this is the bank tax that likes to say yes. [laughter] no wonder, no wonder the shadow chancellor stopped saluting and started crying. [laughter] >> ed miliband. [shouting] [shouting] >> even for this prime minister to be playing politics with youth -- [shouting] and he is the one and he is -- >> order order. let me say it again. the prime minister will be heard, and the leader of the opposition will be heard. and laughing about the denial of a hearing is not to the credit of being the honorable or all right honorable member. mr. ed miliband. >> the truth is he's the one cutting taxes for the banks year on year

they can see europe is grumley you will lose the election so france will get a new president the us has been unable to sway these lemming world whereas they would have managed it with russia's support china is also growing concern for them therefore the time will come when they will pursue a bilateral accord with us because nature will eventually collapse and so will the e.u.'s the euro zone. your party and yourself have a reputation as ultranationalists at least that's how they pay. would you agree with that or how else would you describe your attitude. we have never considered ourselves an ultra nationalist party ultra nationalists resort to force that they put the issue point blank one ethnic group is better than the rest. they preach racial prejudice we do none of that but we're realise that the russian people are in a difficult situation of the moment jew to a certain circumstances where the soviet authority is to blame for that is the communist party that they fought against. in that sense they should agree with us all we want is to stop discrimination against the russians the rus

each of us has to take it upon ourselves to make sure our kids have the love and support and protectionhat they deserve. >> reporter: for "nightline," i'm linsey davis in state college, pennsylvania. >> penn state tonight, the real penn state. thanks to linsey davis, theo fleury and all children's advocates out there. >>> next, a inside look at a controversial weapon. tasers, critics say it's deadly, but its maker says it saves thousands of lives every year. ♪ [ male announcer ] you never know when a moment might turn into something more. and when it does men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment's right. ♪ [ man ] tell your doctor about all your medical conditions and medications and ask if your heart is healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain as this may cause an unsafe drop in blood pressure. [ man ] do not drink alcohol in excess with cialis. side effe

some of us has been experiencing some light. this afternoon we will see highs in the mid-60's southwest of the metro area. otherwise come up with the most part, we will be in the 50's, especially north of town. hancock maryland, 63 degrees at reagan national. we will have to look at thanksgiving u coming up. >> weeks of scrambling and backroom deals ending in failure. the panel passed with fighting more than $1 trillion in cuts and savings is about to admit defeat. all this is sparking a tailspin on wall street. the dow is down -- 296 i believe it is. what happens next? >> what happens now is both parties are scrambling to turn this into a political victory for their side, and that because the super committee is about to admit failure. it could not come up with plans to reduce the national debt by tonight. the midnight hour comes tonight by which the 12-member super committee had to come up with plans to cut $1.20 trillion of debt over the next decade. the failure result in automatic cuts to the pentagon, medicare, and medicaid

the current the difficulties of the us government in creating jobs and the fact that the us has lost the compared to it's a competitive advantage in most of the traditional manufacturing industry so you hear china reduced to its exports to the us by increasing its. other low wage emerging market countries to quit the stampede to repress china so these kind of debate i think the chinese leaders are quite clear minded you know upholding the interests the national interests of the u.s. the presidential election is approaching and the chinese case the chinese economy and the chinese currency is used to ask a. scapegoat for us a difficult economic difficulties again. recent thread that's why i mean the us is nearing its theory are trying to gain. asia pacific leaders in hawaii were also came to shield themselves from the fall out in the euro zone well later we see whether government changes in the e.u. will provide protection. technocrat governments are taking over in debt ridden greece and italy but critics say they'll be better able to serve the interests of brussels. and you're in the a

us is that the u.k. vecchio its staff from tehran embassy. now the u.k. has a lot to deal with back on its own soil as well and up to two million people are set to carry out a walkout across britain in what promises to be the largest strike of public sector workers in a generation labor unions object to the government strategy to make their members work longer and pay more in order to earn their pensions more than a thousand demonstrations are scheduled to take place across the country during the twenty four hour strike the move comes three weeks after thousands of british students took to the streets against a tripling of their tuition fees. the credit ratings of dozens of u.s. financial firms have been downgraded standard and poor's lowered the rankings of a string of u.s. institutions after setting a new criteria for banks the methodology assesses each bank's risks as well as their likelihood of meeting government or group support in the future this comes just two months after several bank ratings were downgraded by moody's investor services a similar rati

has been recruited away. happily, not too far. so, it took us about one month to stop grieving. now we are ready to celebrate his accomplishments at the port. kevin, it seems like you have been there forever. i do not know exactly how many years it has been. over 2 1/2 years he has accomplished an amazing amount of work. there are those provisions, whether we knew it or not, that had been taken to the next level, building up from disaster response and prepared this, to attracting locals, fishermen, and reminding the city community and fabric that fishermans wharf is not just a key part of the tourism economy. it is a key part of the neighborhood structure. for kevin, there has never really been a a demarcation of where it ended. it blended for him. he has just been an amazing cheerleader and cali. a great friend. he has been the energizer bunny of ideas floating around. he has tremendously large shoes to fill -- left a tremendously large shoes to fill. we really want to thank you on behalf of all of the staff for this great opportunity to work with you, learn from you. regardless

us. this has been an amazing experience for those of us from the very beginning. we look forward to sharing that story with you. without further ado, mayor lee. >> thank you, katherine. thank you very much for being here. i wanted to join this great moment of celebration for fibrogen, which is more than a serial. that was what i first thought when i saw that name. i want to congratulate fibrogen and all the companies that have spouted up. i had -- the creation of this experiment with bioand life sciences here in mission bay. now a few years later, it really began in 2009 where there were five companies that started in this building. today, there are 23 of these microbusinesses that are doing biotechnology research, clinical laboratory research as well as applications for that. right here, the three areas of work that they're doing. they told me they're here because of the talent, the graduates coming out of berkley and stanford and the school systems are really feeding the kind of talent that they're wanting to have in their companies and the industries are growin

subtext of obama's trip to east asia has been the fact that china's economic and military strength is growing and there are major shifts in power in the world economy the us share of world production has declined the role of the dollar as an international key currency has eroded and china's growth has been very very stupendous over the last fifteen years it's now the second largest capitalist economy in the world it's the second largest manufacturing exporter and just this year it will surpass the united states as the leading trade partner with the major asian economies so this is the backdrop for what is taking place and part of that backdrop is also the global economic crisis so you see this flux in the world economy and obama has done over the last ten days has moved along three axes it's kind of a three pronged attempt to compensate for declining u.s. economic strength in the world through our you know it's simply are military dominance so you have on the one hand that basing agreement that was signed with australia and it's very significant this is the first and the most significant expansion of long term expansion of u.s. military presence in asia s