tv Erin Burnett Out Front CNN October 14, 2011 4:00pm-5:00pm PDT
i think it's perhaps the pressure of the national stage. he's horrible at debates. this is something that he's got to get better at. >> but if he wants to win a presidential campaign. >> you have a great weekend and stay safe. see you monday. live from las vegas. "erin burnett out front" starts right now. >> we're out in the front line with china kids. plus, we can't resist a vial stink bug invasion on a friday night. and the bottom line on foreign oil. all candidates say america must kick the habit but what will it take for america to be independent? we've got the numbers. let's go "out front."
breaking news from washington. the white house deciding not to send congress all the internal documents related to the solyndra loan. jessica yellin is live. >> that means members of congress are not going to get a glimpse of what is on the president's blackberry or any more internal documents from the white house itself related to the solyndra loan. let's back up and do the big picture. two of the republicans investigating the solyndra case asked for anything that mentioned the solyndra loan whatsoever and send them up to capitol hill. what has happened now is that the white house capital has sent a letter to them this afternoon and it says, we're not going to do this. we're not going to send you all of these documents because you've gotten 70,000 pages of documents from agencies, another 900 pages from inside the white house, and to be just bottom line it for you, erin, this is
consistent with other administrations. we've always heard about executive privilege. the president always protects traditionally the right of their advisers to give them unvarnished advice. this really isn't that big of a surprise but expect political fireworks any way. erin? >> okay. thank you. let's bring in jeffrey toobin and john. fireworks. we're definitely going to get them. in addition to the news that jessica broke, we're seeing the advisor campaign. >> solyndra stinks. there may be doubts about the wisdom of making these loans. however, to this piece of breaking news, as jessica said, the white house has turned over 70,000 documents and 900 documents from the white house. the issue here at hand is what to do with the president's blackberry. it's unprecedented territory. it's one of the reasons that it invokes the executive privilege
to stop this from becoming a political fishing expedition. >> what do you think about this, the blackberry new precedent here? >> remember when obama became president and they said don't carry a blackberry. people will end up subpoenaing you. it's been 2 1/2 years and i think it's like the old days in the clinton administration. bad embarrassing news comes out at 6:30 on friday. >> there isn't a company or government in the world that doesn't use that one. >> i don't think it's going to be legally controversial. if it's the blackberry, the core of his ethic decision making, his diary, that is not something that is going to be turned over unless it's clear criminality. >> let me ask you on the political side of things, how much more political fallout is there? the solyndra loan is something that a lot of people are familiar with and they know that it's bad. >> sure. >> how much more pain is there
to come? >> solyndra is becoming about wasting taxpayer money on green jobs. it's hit that point where people know what it means and it's become a problem for the administration. >> the problem is political. it's far from clear that it's a legal problem. you said culpability. i think maybe political culpability. but this is a program to give loan guarantees for green jobs. some companies succeeded. this one failed. that in and of itself does not suggest a legal issue but raises a question on whether the government should be raising money this way. >> right. and then there's a quid pro quo problem. you have an administration that wanted to push green jobs and do it by using the private sectors. so by definition you're going to have the problem of political culpability. >> it's nothing in these tough times. the question is, will this political symbol become so toxic
that it stocks the long-term investment in green jobs. that's an application that goes way beyond it. >> john is going to stay with us. it fits perfect with the analysis that we were doing today. the solyndra loan fits perfectly with the green jobs but far with the only one from that goal. rick perry said his job program is all about making america energy-independent. >> america should not be -- and when i'm the president of the united states -- will not be held hostage by foreign oil. >> it's a familiar refrain. herman cain made a promise last night. >> i want by the end of this decade for the united states of america to not be dependent upon these oil-rich countries. >> wait. it's even less of a big deal than it seems already. >> we will lay the foundation for our future capacity to meet
america's energy needs from america's own resources. >> reduce our dependence on foreign energy supplies. >> our dependence on foreign oil will be stopped dead in its tracks. >> fully deregulate natural gas to bring on new supplies and bring us closer to energy independence. >> make our nation more secure and less dependent on foreign oil. >> okay. it's almost a joke. but here's the thing. why hasn't it happened? a combination of things. american oil, first of all, is pretty expensive to extract versus iraqi oil which one oil ceo told me is like drinking oil out of a straw. i've been told by people who drill oil that in iraq it can cost $2 a barrel and in the gulf of mexico it could k cost $20. so we end um importing about half of our oil, according to the energy information
administration. but what if we went for it and really committed to finally doing it? ripping out the heroin needle and become energy independent. well, here's the things. we'd have to produce eight times current levels. but we dovil have other options. not just green but switching to things that we do have a lot of, coal or natural gas. chris jarvis tells "out front" that 106 domestic supply and overhauling every station in the gas station of america would cost up to a trillion dollars and, in best case scenario, would take ten years but create up to 10 million jobs. joining us is amy, director of the energy reform as well. thanks so much to both of you. amy, what's your take? can we really do it? >> well, you know, the oil
industry is another innovation success story, just like steve jobs. we are now able to produce narm gas in increasingly oil from solid rock and we have a lot of oil and gas in solid rock in the united states. so when all those presidents made those statements years ago, it wasn't so possible. but now actually the truth is we have a lot of potential. >> so, john, what do you think politically here? amy is saying technically we have the potential. politically there's all sorts of issues, environmental issues being among them. >> sure. and that's not among the biggest in the environment at all. this has become a hallow promise. >> it should be a joke except for it's not funny. >> it's not remotely funny. and people want to move away from our addiction to foreign oil. but there is no silver bullet. the only thing that could work is trying to expand our domestic resources and future in technologies, which is how we solve problems in america.
ultimately it's going to have diversification, conservation, and innovation. and it's solely based on, drill baby drill. >> or coal and other things. but amy, it seems like the current president tried to get it right f you're trying to go innovative or green, i don't want to pick that. that's how we'll end up with the next great industry. did we do it right? >> well, i would sort of pick a bone with the president. i think that if he had take and then half a billion dollars and put it into real r and d, so in other words let's not produce someone old for solar dollars, would it make sense to subsidize a telephone company to make rotary telephones? no. we want to be promoting innovation in solar because the current technology is not efficient enough. so i would say, where i would criticize the white house, is in the allocation of how many
resources we're going to give to existing companies with old technology and how much money are we going to spend on innovation. >> all right. thanks very much to both of you. we appreciate it. john and amy. we'll be talking a whole lot more about this. well, next, jon huntsman boycotts nevada. and what happened to baby lisa? it's megan. i'm getting new insurance. marjorie, you've had a policy with us for three years. it's been five years. five years. well, progressive gives megan discounts that you guys didn't. paperless, safe driver, and i get great service. meredith, what's shakin', bacon? they'll figure it out. getting you the discounts you deserve. now, that's progressive. call or click today. fore! no matter what small business you are in,
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to take charge of my financial future. [ bell dinging ] the number tonight, 52 that's how many years barbie is. and she's just as appealing, sexy, i know all terms are loaded when it comes to barbie. but mattell reported that the sales numbers rose 17% in the third quarter, the biggest gain in over a decade. well, there has been turmoil for the gop calendar and it all started in florida when they cut the line jumping ahead of the four states that were slated to go ahead. the traditional first in the nation primary, of course, is
new hampshire. it super bowl ki it is kind of squeezed out. herman cain, michele bachmann, newt gingrich, rick santorum, and john jon huntsman, he came out front and said that he will boycott the cnn debate next tuesday. >> we have decided to boycott nevada because they are leap frogging the primary schedule, which jeopardizes the all important new hampshire primary which i think is critical to our and then you need to do it full low and that includes the debate. >> a former deputy press secretary for george w. bush is joining us from seattle. robert zimmerman is here with me in new york tonight. scott, let me start with you. new hampshire in the position to move the primary back to december. it's become a sort of race early
unless nevada relents. how will this be resolved? >> well, i think the main way that this will be resolved, is if nevada actually chose to go three days later than the date that they've announced, which is the 14th. if they were to go to the 17th of january, that provides a weak space between them and new hampshire on january 10th and a weak space between new hampshire and my home state of iowa, which is going to have its iowa caucuses on january 3rd. both of iowa and new hampshire work very closely together to coordinate these dates and they are in sync and the presidential candidates know that. >> scott, the bigger issue is that these candidates don't want it to be resolved. they want to try to make a play for new hampshire.
>> i don't disagree with you, robert. i would say that nevada has mismanaged their dates in the past, mismanaged their caucuses in previous years and don't have the tradition of new hampshire, they don't have the history of iowa. >> and the tradition of iowa is about making money. >> i'm curious, robert, why this hasn't happened before. i mean f. you're an important state, i.e., an early state, you have undue -- whatever -- you have a lot more influence so why is it happening? >> it has happened in the past. it's always been a position between iowa and new hampshire. under state law, new hampshire, under their own state law comes first. >> i'm talking about florida and nevada and all of the states fighting now. >> there's always a battle. in fact, last year, florida and michigan were discounted from the miami mary process and lost delegates where they tried to yu jump the calendar.
the enormous economic boost that this makes new hampshire and iowa, iowa being the first caucus, new hampshire between the first primary. >> let me ask you about herman cain. he was on our show yesterday and he's got a lot of momentum. the man of the moment, if not more, a big surge. haylee barbour saying that he can "sweep the south." >> i think it's certainly possible. people are hungry for fresh ideas that are not of washington. people are tired of slick politicians and herman cain, like it or not, has come in with the fresh idea of the 999 plan and it's really taken over the debate in the republican primary field. and it dominated this week's debate. it was the topic of discussion. and he does have a very likeable personality. >> uh-huh. >> that really comes through and resonates with voters. >> if you examine governor
barbour's comments, he was sending a message to mitt romney not to take him for granted. the reality is, this is a campaign running on political viagra. it's about his artificial and temporary as the trunk, bachmann, and perry surge. if it lasts more than four weeks, you might as well go to the campaign doctors. >> with all due respect, you haven't been a republican voter in a primary caucus and republicans are hungry for somebody with the outside experience willing to tell it like it is and herman cain is doing that. >> but it's a very intense organi organization. it requires funding and grass root activism and we see him selling books in tennessee. >> but that's grass roots. right? it's getting people that need all of that. let me ask you about the immigration law that passed in alabama. this is really amazing stuff. an appeals court in atlanta
blocked part of that law that requires teachers to collect information on whether their teachers were illegal immigrants. 2,000 kids stopped going to school. there have been a lot of problems with agriculture in the state. i want to ask you, scott, first, what does this mean, putting immigration or keeping immigration in the center of the national conversation, just when it's a topic a lot of these republicans don't want to talk about in the primaries? >> yeah, it's interesting, erin, because this is a topic that when i worked for president bush at the white house we worked on very aggressively. we worked across party lines to try to get real comprehensive immigration reform put into place. unfortunately, because of harry reid, that did not happen. but these states are just reflecting the desire out there for someone to do something about the problem. interestingly, alabama, in that case, they actually -- one part that was upheld was the police officers that could detain someone that they stopped lawful
fully if they suspected that they were illegal immigrants. parts that were up held and parts that were not. but this topic, we have to reduce the volt assuume. >> scott, we need to -- >> and both parts pander on it. >> we have to recognize that this is a bipartisan disgrace. my party, during the first two years of the obama presidency, my party did not show the leadership to get the work done despite the rhetoric and your party had six years and didn't step up to do the job. >> we had an opportunity in 2007. failed the democrats and failed to move forward with president obama because of democrats. >> we'll leave it zsh not because of the leadership of republicans. >> well, thanks very much to both of you. we appreciate it. nothing wrong with sparring on a friday night. 11 days and still no sign of missing lisa irwin. there was a video released with
the hopes of someone coming forward with information. ed lavandera is in kansas city with the latest for us tonight. >> reporter: erin, baby lisa is now 11 months old but she has been missing for almost two weeks now. this is the family's front yard. people have come by and left teddy bears and flowers hoping that she will be returned shortly. her parents have kept a very low-profile in the last week or so, despite now being -- having brought on a high-profile private investigator, by the name of wild bill stanton. he came from new york to help out the family. his services paid for by what's described as a wealthy ben factor. he announced today that an anonymous donor has put up a $100,000 reward for baby lease saz safe return and any information that leads to her abductor's conviction. having said that, the one thing that has not changed in the almost two weeks that this story
has been going on here is that police have no solid leads as to where baby lisa might be. they continue searching areas around here, wooded areas, rock quarries, creek areas, but still no sign of where baby lisa might be and those investigators are keeping information very close to the vest. no sign of where baby lisa might be or any hopes that anyone might be arrested in this case. erin? >> all right. ed lavandera, thanks. well, "out front" next, it's the creeping fear of the stink bugs under our skin. and, later, nancy grace on the michael jackson trial. i can enter trades. on the run. even futures and forex. complex options? done. the market shifts... i get an alert. thank you. live streaming audio. advanced charts. look at that. all right here. wherever "here" happens to be. mobile trading from td ameritrade. number one in online equity trades. trade commission-free for 30 days,
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now a story that we simply cannot resist to exist. a plague of biblical pro porgs on this country and the federal government seems to agree. they committed 5.7 million to fighting this threat. it's no solyndra, but what is it? it's the brown stink bug. originating in asia, it was introduced to the united states in pennsylvania back in 1998. but, then, the hearty stink bug spread to a dozen states including new jersey, delaware, new york, and then maryland. still, it's just a smelly bug, right? can it possibly be that serious?
we wanted to go out front and see how serious the bug is. we spent the day looking at message boards which is called as the bug from hell. what we saw was destruction, seeing them clinging by the multitudes on your window screens, it's like a horror movie. we cannot resist what would happen and here to illustrate the future of what the government imagined, empire of the ants. i'm. we just couldn't resist. by the way, it takes a lot of squashing to get the real effect of a stink bug coming from the state of maryland.
>> still out front, the president taughts his jobs plan in detroit. so we asked the white house about jobs, china, and the crucial word, manipulation. and, then, will conrad murray take the stand in his own defense? a close court watcher tells us. s all kinds of answers. call us for quick help opening your new ira. or an in-depth talk with a retirement expert. like me. stop by my branch for a free retirement check-up. retirement hows and how-muches? whens... and what-ifs? bring 'em on. it's free. you're gonna retire. and we're gonna help. retirement answers at td ameritrade. roll over your old 401(k) and get up to $500.
find the top five. first up, presidential campaign rick perry making the country oil dependent. chris jarvis tells us that going all in, that would mean 100% domestic supply, costing up to $1 trillion and take five years. sound unrealistic, maybe. but it would create, he says, 10 million jobs. number two, as we mentioned earlier, haylee barbour said that herman cain would sweep the south if he were the republican nominee. despite the governor has not endorsed a candidate formally but says that she would vote for cain. number three, the iphone 4s went on sale today and as typical apple fashion, people lined up for hours. but we spoke to an industry
analyst who says sprint's deal with apple, 40 million iphones sold will be nearly impossible for sprint, even given today's sales. number four, the enthusiasm for iphone's not isolated retail sales rising to the highest in seven months. sales 1.1% higher in the month of december. better than expected. and pimco says that this helps counter the idea that america is going into another recession. need the good news where we can get it. because number five, it has been 70 days since the u.s. has lost its top credit rating. what are we doing to get it back? there was a big jump on wall street. stocks up for the year and after this week's jump, 4.9% for the dow is the weekly jump. 7.6 for the nasdaq and 6% for s&p. movement on wall street does not mean jobs, at least not yet.
gene sperling joins me today from the white house. >> i want to start off with good news. we were talking retail sales, americans still spending, and we have the strike team of investors. 17 out of 20 say that a double dip recession is not inevitable. there's a lot more optimism than you might expect from those guys. are things really getting better? >> well, i think we've had some better numbers this week, in the last eight, ten days, than we've expected. but let's not kid ourselves. things are not nearly good enough. you know, erin, we have, you know, historic long-term unemployment challenges in our country. truly a crisis of long-term unemployment. we still have the blue chip projecting only 2% growth for next year and unemployment at 9%. and when you have even physical it was a small risk of a double dip recession or even projections, that growth could stay weak and unemployment could stay this high, it's just
imperative that we take action to ensure this recovery takes hold and that we get stronger job growth over the next 12 or 18 months. >> i wanted to ask you something that came out of the treasury department today if we could. they delayed a ruling on whether china was manipulating its currency and if matters a lot to everybody watching. it keeps walmart prices low, raises our standard of living and makes things cheaper to live in china than in the united states. so is re-evaluating the currency, is it really the right thing for america to do or to push for right now? >> i think it's absolutely right for us to push for a more market-determined currency from china. yes, they have taken steps have that seen the currency appreciate. some since the middle of last year. >> right. >> but i don't know any serious economist who thinks that it is enough and it means that our workers, our companies are not
getting a level playing field. and the president does believe, and i think a lot of the international community, does believe that we need currency is market determined and all companies have ever wanted is a level playing field. >> so is that where the word ma nap late for -- >> well, you know, words -- >> that word is really important. >> i'll let other people choose the words but we think it is not fundamentally valued at a market-determined way and that is, we believe, putting our workers and our companies at an unfair advantage and that's something that the president has pressed pressed and will continue to press going forward and we think it will be better for china as well as for the rest of the economy for them to have more market-determined currency. >> all right. i'll let it go at that, although
we'll let the manipulate fors stay at it. the president was in detroit talking about foreign companies in korea and we're dealing with our own car problems. we talked to the treasury about the t.a.r.t. situation. taxpayers are $26 billion in the red and own 32% of gm shares. we're still on the gmt.a.r.p. bailout. will american taxpayers make money on gm ever? >> well, i don't think anybody could have imagined or even hoped as much as how well things have gone for the american automobile industry. i'm not going to comment on what the exact financing and projections will be. if you look at the money put in since president obama has come into office, it's a very, very positive story and you know on
banks we are at already at a point where the taxpayer is making a profit. but what's just as important and critical is that the president is at a plant today employing 1750 workers, making american cars. that very plant was slated to be closed before the restructuring effort that president obama's team moved forward. we have the big three, beating, creating jobs, and keeping manufacturing strong in the united states and i think that is a great tribute to them and the workers and to president obama for doing one at the time and now i think everybody in greece is paying off for our economy. >> gene, thank you very much. appreciate it. have a good night. the administration says rebels have terrorized the
region for over two decades. chris, what role will americans play? >> these are mostly green berets but they are not going in there to engage these rebels. we're told that they will only attack if in self-defense they have to. but basically they are going there toll try to give strategy tactics and the 30 to $40 million over the past few years, it doesn't slow the rebels down and now they will be giving more direct assistance to try to stop this rebel group. >> well, thanks very much, chris. appreciate it. well, still out front, an update on the nuclear disas stir in fukashima, japan. three million children live near the plant. dr. sanjay gupta is joining us to talk about a new health risk rising there. and the defense starts its
case in the conrad murray trial. and we go to china. >> this is shanghai, the best in the word when it comes to math and reading. but what about when it comes to fun and creativity? meet shanghai's kids coming up. no matter what small business you are in, managing expenses seems to... get in the way. not anymore. ink, the small business card from chase introduces jot an on-the-go expense app made exclusively for ink customers. custom categorize your expenses anywhere. save time and get back to what you love. the latest innovation. only for ink customers. learn more at chase.com/ink i'm a wife, i'm a mom... and chantix worked for me. it's a medication i could take and still smoke,
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thailand, where devastating floodwaters have killed more than 250 people. paul, what can you testimony us about what is to come? >> the center of bangkok so far appears to be protected and the flood gates are holding. there have been about 35 billion cubic feet of water hitting the capital every single day. that has to go somewhere and at this point it's going into the suburbs and it's the suburbs being sacrificed. many already underwater. more than 280 people have been affected by these floods. erin? >> paula, thank you. and now we go to it lie. the italian prime minister belusconi wins a confidence
vote. >> reporter: italy is facing a dire situation and berusconi's parliament needs to be passing strong austerity measures and focused on a renewal of the economy. and without a strong majority and parliament, he's going to have a difficult time, according to many political analysts, pushing through these tough measures. erin? >> barbie, thank you. and now to london a growing scandal forcing the resignation of liam fox. his close personal friend is under scrutiny for allegedly receiving improper payments and gifts and fox allowed him to pose as an advicer. what are the implications for prime minister david cameron? >> this comes after a week of immense pressure and prime minister david cameron has stood by him throughout. he was very sorry to see the fed secretary go today. he's a very senior member of the conservative party and represents traditionalists and that's been lost from david cameron's cabinet.
erin? >> thank you very much, liam. in japan, the news of the fukushima plant children are being tested for thyroid problems. host of the sanjay gupta, m.d., is joining us now. sanjay, i just wanted to start off with, first of all, what do thyroid abnormalities mean? what are some of the health repurchase discussions? >> it's a major source of hormones in the body. one of the first things that they notice is that the thyroid gland is not working and they have problems of feeling tired and a lot of people don't realize it's a thyroid problem. they look for all sorts of different causes and if it's a thyroid problem specifically, that has to be treated. what is so interesting here and
what we've seen throughout history, erin, is when you talk about radiation, you're talking about all sorts of different particles. but some of those particles are things that are taken up into the body and then concentrated in the thyroid gland. the thyroid gland prepares these isotopes and it's the first time that a cancer or some sort of irregularity may develop. sort of thing about the thyroid gland as a ka nar ree in the coal mine after a nuclear problem like this. >> and now we're seeing unofficial survey, 10 of 130 children evacuated had irregularities in their thyroids and are you surprised? or is this indicative that we could see a lot of other problems coming from people who were evacuated from the pu fukushima leak? >> you would be hard-pressed, erin, to prove that there was even a single case of thyroid
cancer after the three-mile island disaster which i think is surprising to people because a lot of people were concerned about it. in chernobyl, you had 6,000 cases of cancer that developed in the years following. so this seems to be going more the way of chernobyl. with these kids, it's amazing, they are going to screen 350,000 children. so it's a huge population of people potentially affected. they are going to screen them every two years until the age of 20 and then every five years after that. it's a good in one hand that they have learned from the previous nuclear disasters. they want to find these cancers early if they are going to develop. >> it's unfortunate but thanks for explaining it, sanjay. >> erin, thank you. two weeks after the
prosecution started their case, they are set to rest their case on monday. nancy grace is famous for her show on hln and she's here joining us. thank you, nancy. we appreciate it. the prosecution has laid out a substantial case and a lot of potentially damaging evidence. is it possible for the defense to turn it around? >> of course, anything is possible. anything can happen in a courtroom but tra steej clee speaking i don't think that it's probable and i think conrad murray has turned out to be his own worst enemy because when he spoke to police, it was all recorded and that audio was played line for line by the jury and in that audio we hear him torpedoing the time line, what he told police is absolutely impossible based on cell records and of course the jury is going
to see the cell records and he told police about a big scene where he comforted all the children. the children said that never happened. now, does that touch on the actual homicide? no. but it does prove conrad murray to be a liar. and under our jurisprudence system, the judge will give the if you disbelieve the defendant or a witness in any portion of their statement, you are allowed to disbelief e the entire statement. so his credibility has been attacked successfully. >> do you think that -- you're talking about the tapes which, of course, extensive. do you think then that the defense has no choice but to put conrad murray on the stand next week? do you think they'll go for a hail mary pass like that? >> you know what? you're right. that would be a hail mary pass but i don't think that pass is going to be effective. and i'll tell you why. a lot of times the defense feels pressure. they feel like there's nowhere for them to go but to put the witness -- put the defendant on
the stand. the reality is, the jury may think he's guilty. may not be sure. but once he takes the stand and makes a jack ass out of himself on cross-examination then they'll know he's guilty. it's best to leave them wondering than to know. >> what about the culture that this seems to embody for the rich, famous celebrities. there's a culture of enablers. if not conrad murray, then somebody else. that sort of does seem to be underneath this whole trial has been that feeling. will that be something is defense could you to effect the sentence? maybe get a more lenient sentence? >> i can only pray that they do because in effect, what that is saying is, hey, if my client didn't kill him, somebody would have. that would be a horrible argument in court. and the reality is that even if he's convicted on this extremely weak charging decision of involuntary manslaughter he may
very well get straight probation for killing the "king of pop." i'm not saying that jackson's life is more valuable than somebody else's. but what it symbolizes. what you can get away with in a court of law is shocking. he may get straight probation even on a conviction. it's possible. >> hopefully it will go to the jury next week so we shall see. so you're busy. you're out in l.a. covering the trial and a slightly awkward turn in our interview you're doing a whole lot of dancing and spinning around. so do you think you can win and topple rickie lake? >> well, right now and this is my dancing partner, tristan mcmanus, who's teaching me the great moves, we're just taking it one dance at a time. i'm not ready to look at the big picture. right now i have to focus on the rhumba which is, what, tristan? >> the dance of relationships, good and bad. >> well you got a good partner.
>> you got the best partner out there, there you are in that dress. i love it. good luck, we're rooting for you both. >> thank you. >> hey, erin, thanks so much and remember, you can vote from your cell phone, your land line and your computer, just fyi. >> good to know. >> appreciate you taking the time. bye-bye. >> take care. and next up, we're going out front in china. what's your favorite thing about america? hear his answer next. verywhere. verywhere. real objective investing help. that's a little harder to find. but, here's what i know... td ameritrade doesn't manage mutual funds. or underwrite stocks and bonds. or even publish their own research. so guidance from td ameritrade isn't about their priorities. it's about mine. it's about mine.
>> the nba. >> the nba? >> uh-huh. >> basketball? >> yes. >> well, timmy was the only child. that was his name, timmy, who didn't say the iphone was his favorite thing about america. we met him in a group of under-12 kids. we went to see if the tiger phenomenon is true. it's 7:00 a.m., time to rice and shine for bill's son. he's at sleep-away camp for kids under 12 about an hour outside of shanghai. job number one? learning english. >> english is easy and interesting because it can make me happy.
>> good morning, everyone. >> good morning. >> the 23 kids started learning english at age 5 and they have big ambition. bill's family picked his english name in the hopes he'll end up like one very successful american. it's not remedial summer school. these children are here by choice still, the parents say they are raising well-rounded children. the debate over who's raising. world's future lead, china or america, is raging here. bill's parents, peter and sonny, have read this book but only his dad speaks english. >> most of the real points describe are in the "tiger mother" i think are correct. 30% of the opinions are not correct. for example, for more than chinese parents, aren't we would
not say "garbage" or -- >> do you think chinese children like bill, are being raised to be creative. >> they must combine the strictness and the creativity together. that will be the best for the children's future and maybe for the whole country's future. >> the kids we saw spent more time playing basketball than badminton than studies at camp and creativity is part of the agenda but chinese kids still work harder than americans. >> how much time do you spend at night on homework. >> so many times i finish my homework in two hours. >> two hours? >> two hours a night? >> yeah. >> wow! that pays off. shanghai kids rank number one in the world in math compared to america's number 31. entrepreneur bob compton