as values have plunged, so have their net worth. white families are also more likely to also own retirement accounts and stocks. those have rebounded with the stock market. that's partly why hispanics have lost 66% of their net worth. blacks 53%, while whites lost just 16%. rick and lori owens' investments have already recovered. >> congratulations. >> reporter: back in 2008, they also benefited from the cratering real estate market and found a great deal on a house put up for auction. >> you know, we here in a home that we love and a neighborhood that we love, but, you know, it breaks my heart for the people that have lost their homes and have lost their jobs. >> let's go! >> reporter: sharron bryant- simmons did finally find a new job, but it pays $40,000 less. >> it is what it is at this present time but i just don't plan to stay in this rut. >> reporter: yet experts say it could be a decade before the wealth gap closes. ben tracy, cbs news, los angeles. >> schieffer: president obama stopped by the norwegian ambassador's residenc

streets of athens they were in london at claridge's hotel looking to sell off fifty billion euros worth of income producing assets up for sale were thirty nine airports eight hundred fifty ports railways motorways sewage works a couple of energy companies banks defense groups thousands of acres of land for development casinos and greece's national lottery apparently they found no buyers no they won't find any buyers this is the experience of the american indian had with the us army the us army came with crawling across the western plains of america and they gave the american indians exactly nothing for the legend and the concept of actually owning the land was completely alien to the indians the idea of owning the grand canyon for example was a concept that was completely alien to their culture similarly in greece the idea of securitizing and craving the acropolis is an alien concept they don't understand it they're being slaughtered by this army of bank stores who are going to securitize everything and all the commissions from trading all of this of course will be done off balance shee

ratings report saying america's debts worth a d. therefore sell your american debt we need a place to put that cash card greek debt and we'll give you a play all the options on the acropolis or some of you don't need a war plan for the company until the acropolis may go to grow some of the soul. but its own chambers also noted a default on u.s. treasuries a benchmark against which all other debt is measured would dwarf any worries about u.s. credit ratings as global markets would crumble they're pulling out this all the canard oh the markets will crumble the world as we know it will and oh it's all over it give us all your money yeah well of course there are the two that they've just learned to put a gun to the head of folks and say it's a hijacking like hank paulson i mean times can this work is like bull for and over and over they need to hire somebody from hollywood to get a different scriptwriter because this is boring you know look at every single poster for every single movie that comes out in every single scene or in every si

worth airport.is office got a tip that ringly had a suspicious supply of luggage stashed at his house. an investigation revealed that wrongly spent an unusual amount of time here at dfw. his car was caught on surveillance cameras entering the airport 106 times in just a matter of months. airport police put ringly under surveillance and when they searched his home they found luggage everywhere. >> we determined that it was around a million dollars worth of luggage and contents. >> according to the arrest report, he rented space at a local flea market where he sold all those bags and anything of value in them. he was sentenced to four years in prison. how can you stop luggage theft? even carrying all your belongings onboard doesn't always work. ironically, the commotion around the security checkpoint, the passengers, guards, metal detectors, x-ray machines and often the police can actually make the job of a thief easier. >> these individuals usually work in teams of three or four individuals. >> at mi

jim wheeler said a picture is worth a thousand words and there were lots of pictures worth several thousandords. a little taste of all that happy enjoys in our parks. that concludes my report. >> commissioner harrison? >> a couple of months ago, i was curious and brought up our outreach policy and i was wondering when that -- where that is and what we're going to get a report on that? >> we did bring it to you several months ago for discussion and it is alive and well and being implemented all the time. >> i would like to see it. >> sure. >> our capital report was in april. this is july. do we have an updated version? >> we do our capital reports -- do you want to speak to that? >> commissioner, that's a good point. we will have an updated july report in about two weeks. we have had a shortage of staffing in financing. one of our members responsibility -- one of our members responsible for that has left and we have been struggling to keep up with that in her absence. we are looking to replace that position, so this should be a short-term laps. we look to have both the july monthly report as

a story about big money that might even change the way you think about your own worth. that's in two minutes. ,, i know you're worried about making your savings last and having enough income when you retire. that's why i'm here -- to help come up with a plan and get you on the right path. i have more than a thousand fidelity experts working with me so that i can work one-on-one with you. it's your green line. but i'll be there every step of the way. call or come in and talk with us today. now hoping to turn myspace >>> the briones band member turns solo singer turned actor is now hoping to turn myspace around. justin timberlake is part of the company that bought the flagging social networking site. he will have a half dozen people working around the clock developing his ideas for that site. >>> an irvine-based company got myspace for a steal. mike sugerman looks at the dangers of investing in the next big thing. >> reporter: it seemed like a good idea at the time. >> rupert murdoch's news corp. because it for $580 million. they sold it for $35 million. >> reporter: that

how much is your gold worth?f my daughters, because she thinks it's worth a lot. >> may i take a look at it? >>> debt negotiateations are stalled now in washington, and the nation's aaa rate something in jeopardy, and the price of gold has skyrocketed. poppy harlow hit the streets of new york to find out what some peoples' gold is worth. ♪ >> reporter: so gold is at record highs. we wanted to head out to the streets here in new york city to see just how much folks think their gold is actually worth. >> they were going to give me $500 for each. >> i have no idea. >> reporter: do you remember how much you paid for it? >> i don't want to tell you. it was a lot. >> reporter: how was is your gold worth? >> i don't have a clue. i am leaving it to my daughter, because she thinks it's worth a lot. >> just the gold weight is worth $364. >> reporter: anybody have gold! >> your necklace at melt is worth $3,010. >> i was expecting more to be honest with you. >> reporter: when people buy gold jewelry, what kind of markup are

"it's worth what?" >> it is a show created by larry spencer. a show about people's fascination about how much stuff cost. i would bet her purse cost this and hearings. we get on the show and basically i will pull out a brand-new m bugati. what is more expensive, this or feeding an elephant for year? we have ancient artifacts from the early 1500's b.c. it is $50 million worth of stuff on the show and people are competing to win $1 million to see if they know what is more expensive and why it costs this much. >> i am impressed that a black man host a show where there is $50 million of stuff on the stage. >> i have people that can come and skipped this up. tavis: there is a rumor floating around. you can set me straight. i saw the cameo. betty white was just here. you have done some stuff and the word is that there is a spinoff starring you as a result of your veland". "hot in cleavelan >> we're definitely developing this idea. it is a fun space and that was a great experience. suzanne martin and i partnered to do the idea. it is going pretty good

these things are worth the $1 million it looks like today. it is worth 10 times more in building camaraderie and companionship with our neighbors. i want to emphasize that. i want to represent that by giving what i can do to reflect our appreciation for the leadership. it is a certificate of honor to julian for his leadership on this project and many other projects that have kept this community working and expanding and growing. there is a design around his leadership. by voice vote as the mayor and city administrator that when you have strong communities, things like disasters, we will have strong neighborhoods to help us recover back. this is the beginning of that. i want to give you this certificate on behalf of the city, parks trust, the challenge grant program. thank you for all of the leadership you have had. [applause] >> water? [inaudible] [applause] >> thank you, mr. mayor, for your leadership on this. during his time as dpw director, during the community challenge grant program, and now as mayor, it is great for us to see a mayor th

this space is a little piece of the usa in the military industrial complex puzzle but is it really worth the money when the well is running dry. you spend more money on incarceration and at the same time some less money on education that's a perfect recipe for disaster sentenced to death at a price of three hundred billion dollars ahead so could help for new blood loss making the state broke. and one state's money problems have shut it down closed for business completely so could what's happened in minnesota before counting rough skies ahead for washington. it's tuesday july fifth eight pm in washington d.c. i'm christine friends out there watching our team. start off this evening with a story of a top secret u.s. military base said to be the largest electronic monitoring station in the world a missile defense shield similar to the star wars project it's called menwith hill located in north yorkshire in the united kingdom and while it's been around since the one nine hundred fifty s. it has greatly expanded over the last few years and a price tag of ten billion dollars so what's it all f

do you think that give and take is worth it? >> well, i think what is not worth it is waiting in line at 3:00 in the morning. the beds are available in the afternoon. there are very few beds available -- >> i am sorry with the members of the public. i appreciate every's passion and enthusiasm. we would like to give the respect to the gentleman i asked this question to. >> thanks supervisor. i appreciate it. the bulk of the beds because of the way the system is operates now. it is governed by policies that we set out in partnership with the community, and they can always be changed. the bulk of the beds are released around 4:30. the vets have their reserved, hot team has their reserved and folks who have been in beds for a very long time get to stay there. there are not a lot of beds available in the morning. not a lot come open in the afternoon. but you are probably releasing 60-90 beds or more. so, the notion of them waiting at 3:00 in the morning, what we need to do as a city and community is to better educate folks that the b

i think it's worth it. >> supervisor? >> thank you, madam chair. i think you have eloquently recognized everybody to be commended and appreciated. i won't return to that roster. i think you thoroughly covered it. i would like to take this opportunity to thank you, madam chair, for your steady leadership in directing this budget committee. this is my sixth year on the budget committee. i believe i'm the longest serving member of the board of supervisors on the budget committee. this has probably been the scariest budget session i have ever been part of. even beyond this bewitching hour, i cannot tell you how concerned i was because of how tranquil and noncontroversial and calming pizzle process has been where i kept waiting for the other shoe to drop. but yet quite frankly, we are beyond the witching hour that we are now reconvening. those shoes did not drop. both feet and legs on behalf of the city are well-planted into the ground. this is a dramatic change from what we have

pull up what your gold is worth. you need to know what it is worth.xpensive, 18 karat, most in terms of jewelry is 14 karat gold. >> soft and doesn't bend. >> know what your gold is worth. shop around go to at least three different locations. i've done this in new york, the diamond district, six, seven, locations, compare prices. there are a lot of people out there that will try to rip you off. >> you did a story about how little, popping up all over the country these corner stores that say we buy your gold and what a small percentage some will give you as to the value. >> on the same necklace in six stores i got every offer between $200 and $800. so know what it's worth. do the math, weigh your gold yourself and don't get ripped off. >> what matters is the purity and weight. you might think it's your grandma's and old and worth a lot. we're going to melt it. >> brand name you're going to pay more for a brand name piece of jewelry, many times higher than just for the weight of the gold. >> that's the difference also, a piece, a good piece, may be wort

you think it was worth it? >> yeah, i do. i think a lot of it is because i think albert would have thought it was worth it. >> three, two, one, touchdown. >> the shuttle program came back from "challenger" and came back then from "columbia," lost reentering the atmosphere. debris was scattered across north texas. and although tarnished, the shuttle has been america's only way to put humans in space. >> i defy anybody -- and i will argue with my "apollo" comrades -- the accomplishments, the achievements, the record of performance, the spin-offs, the capabilities that have been developed, what we did in shuttle over 30 years dwarf what was done in the "apollo" era. >> we can build spacecraft. we can build hardware. we can build boosters. but there's no goal. there's no mission. we are wandering in the desert in space today, period. >> so why now? why call it quits now? from the time of its inception 40 years ago, until the shuttles are retired, the program will have cost the american taxpayers just shy of $115 billion. that's l

here comes jason worth, roger bernadinna. communication, people. here comes another run, and he is safe at the plate. 3-2 kubz. at that point, davy johnson. what in the world of wild, wild sports is going on. cubs make it 4-2 and jason worth comes up throwing, and pudge rodriguez and he meet at the dish. they tie it up at the 4th. watch the quick hands of danny espinosa. jason worth, still a tie game, going to steal third in the bottom of the 10th. so you say that's a good move because there's only one out. carlos getting wild in the wild pitch but worth comes in with the winning run. nats win again at home 5-4. about that come-back. >> the thing i like the most is we gave it two runs back to back and that should never happen. it should have gone to nine, and guys bounced back and we won the ball game so it was a big team victory. >> meanwhile, good news tonight on the farm, we've got movement for harper promoted from double a harrisburg and he made a good first impression. there he is taking the field for the first time in double a ball playing le

but was it worth it? three decades in low earth orbit not venturing outward. >> folks, how are you doing. >> hey. >> reporter: if you ask the man commanding the last shuttle flight -- >> it was a successful program. we essentially have command of low earth orbit. >> it has landed. >> reporter: if you ask the men who walked on the moon -- >> once you've been to the moon, staying home is not good enough. i'm an exploration guy. i want to go where man has never gone before. ♪ i was on the moon one day >> reporter: before jean gene cernan, the last man to make his walk on the moon a journey, man had a reusable spacecraft. >> i have a model of the shuttle. they can see it. >> from the beginning, it was a marvelous machine releasing from its cargo bay deep space probes like ulysses that went to jupiter. astronauts ventured out untethered. >> the trip. >> reporter: to capture and retrieve failed satellites, dead in space, dangerous feats unheard of before shuttle. >> houston, i think we got a satellite. >> repor

i'm putting myself further in debt with the understanding it's worth the sacrifice. eating raman for 3 months. it's not fun but i think it will be worth it. >> we all want to graduate we are all tired of this class. been 11 weeks. one more week to go. >> i need to get these mraps out. >> my purpose is to get the recruits prepared for the construction training. >> what you do is get a 2 by 6 sitting on the saw horses. we will cut 10 feet. everybody going to get one and you measure up 6 inches. you sure you got 8 feet. >> as a carpenter you have to let them know what's expected and they need to know the stuff to get going on the trades. >> the main thing they need to know is how to carry the stuff on the job and the hussle. >> you can't work with the gloves. >> my part is a small part. my part is the best part. the part that really teaches them how to go out and fish rather than go to the fish market. my job is how to teach them to fish when the fish market is closed. >> this requires i thinking. when you go on the job site they will pay you 20-15, dollars an hour you

i'm going to do the hard thing because anything worth it is worth working for.e. i've had three years. and my daddy passed away, and i ran. and i was running, gunning strong ever since. so i'm going to do it again and stay that way because if my mom was to pass away while i was in prison, i would never forgive myself. and she's not -- she's not healthy. she's sick. so -- and i want to regain the respect of my oldest daughter. i don't want them to be all, mom's just another convict, addicted, jerk-off, worth nothing. so i'll show i am worth it. so that's -- yay. i'm stuck on stuff today so yeah. >> in a few days, butcher will take her acceptance letter to court and ask the judge to approve her plans. >> i've been an addict for a long time. i've been doing drugs for a long time, and it's gotten me in this place. every time i'm in this place. and i am tired of this place. i'm going to let some new girls come in here and take my spot because i'm over it. i don't want to go to prison. prison's stupid. >>> there's been some good news for mona selame as well. she had r

this is about $306.7 billion worth of as yet unauthorized spending. you have to do is cut spending by no less than 44%. then if we move along and take a look at exactly where the cuts may come, this is what you see. as you can see, the united states will have to be spending about $29 billion on interest to make sure that it keeps that costed aaa rating. it will have to pay the interest on its bonds to form a default and next comes the next big check. we've got social security amounting to no less than $42.9 billion in total. next is medicare and medicaid. those are no less than 50 billion dollars. then troops andive service and veterans programs. those together make up about $5.9 billion. that in turn leaves you with $39 billion to divide between departments that normally get about $172 billion worth of funding and these include all sorts of important things such as defense contractor, tax refunders, foorksd education and as you can see it's a significant amount of money. it looks like monopoly money. you know, manisha, the stakes couldn't be higher.

but was it worth it? three decades in low et orbit not venturing outward. >> folks, how are you doing? >> if you asked the man commanding the last shuttle flight, it was a successful program. we essentially have command of lower earth orbit. >> the challenger has landed. >> if you ask the men who walked on the moon. >> once you've been to the moon, staying home is not good enough. i'm an exploration guy. i want to go where man has never gone before. >> i was strolling on the moon one day in the merry merry -- >> before gene cernan, the last man to walk on the moon had made his journey, nasa had a new grand vision. a reusable spacecraft. >> i have a model here of the space shuttle. as you see it -- >> from the beginning it was a marvelous machine, releasing from its cargo bay deep space probes like ulysses that went to jupiter. astronauts ventured out untethered. >> to capture and retrieve failed satellites, dead in space, dangerous feats unheard of before shuttle. >> houston, i think we've got a satellite

but was it worth it? three decades in low earth orbit not venturing outward. >> folks, how are you doing? >> if you asked the man commanding the last shuttle flight, it was a successful program. we essentially have command of lower earth orbit. >> the challenger has landed. >> if you ask the men who walked on the moon. >> once you've been to the moon, staying home is not good enough. i'm an exploration guy. i want to go where man has never gone before. >> i was strolling on the moon one day in the merry merry -- >> before gene cernan, the last man to walk on the moon had made his journey, nasa had a new grand vision. a reusable spacecraft. >> i have a model here of the space shuttle. as you see it -- >> from the beginning it was a marvelous machine, releasing from its cargo bay deep space probes like ulysses that went to jupiter. astronauts ventured out untethered. >> to capture and retrieve failed satellites, dead in space, dangerous feats unheard of before shuttle. >> houston, i think we've got a satell