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. >> if i were president i would werelling to use waterboarding. prcheers and applause ) o think it was very effective. it gained information for our country. >> reporter: but the president wasted no time in calling his cponents uninformed. >> let me just say this: they're wrong. g.d anybody who has actually read about and understands the practice of waterboarding would prac iy that that is torture. e.d that's not something we do. period. porteporter: the president has had stronger approval ratings on foreign policy than the economy. the economy is his weak point. ointthat's why his advisors say this trip through the asia- pacific is so important because it's about boosting world trade which the president hopes in turn means more american jobs. >> pelley: thanks, norah. there is more fallout tonight from the child sex abuse scandal at penn state. today the president of the children's charity founded by former assistant football coach jerry sandusky resigned. jay raykovitz said he hopes his departure from the second mile will restore faith in the ch