Skip to main content

tv   CNN Newsroom  CNN  May 19, 2012 8:00am-9:30am EDT

8:00 am
digital lifestyle expert mario armstrong breaks it down. good morning everyone. i'm randi kaye. it is 8:00. thanks for waking up with us. let's get you caught up on some of the news. we start with a glitch in the space plan. >> three, two, one, zero. and lift off. we've had a cut off. >> that is the dragon spacecraft on the launch pad at cape canaveral but it did not get off the ground. john, take us through what happened here. what went wrong? >> well, the future is on hold, isn't it, randi? who said space flight was easy and rocket science was easy? not you, not me of course. i think the people at space x are certainly finding that out first hand. what happened was the falcon 9 rocket with the dragon spacecraft on top, the falcon 9 has nine main engines.
8:01 am
one of those nine, engine five, right before lift off, had what they call a chamber pressure issue where the pressure was going up too fast, too high. and the computer system immediately shut the whole thing down. so at 0.5 seconds before what would have been lift off the entire system was automatically shut down. now what's next? well, the president of space x addressed that this morning at a news conference. >> what we're doing now is detanking the vehicle, safing the flight termination system, doing what we call a t-tep sweeps which clears the ignition fluid. we should have some technicians up into that engine about noon today. >> now, space x says if everything works out they may be able to attempt another launch on the 22nd on tuesday. but remember, this is a huge, huge mission. space x is the first commercial
8:02 am
company to be ready with a spacecraft to go to the space station. nasa determined that it did not have enough money to continue flying space shuttles. they've been retired. and at the same time, build a vehicle that could take astronauts out to an asteroid or on to mars. so the space agency decided, a very risky venture, to let commercial companies take this over. so that's where we are now, waiting for these companies to be ready to start flying cargo and astronauts to the space station. remember, right now the russians are the only game in town. they are the ones who are taking our astronauts to the space station. >> yeah. this is so important for so many reasons. right? not only the future of space but also because a lot of the people from nasa ended up going to work, right, with space x so a lot of jobs are on the line as well. hopefully they'll figure this out. any idea when they might try this again? >> well, either the 22nd or 23rd right now is the plan. unless they go in there with the
8:03 am
technicians today, and find out that they have a real serious problem, with that engine number five, then that could delay it further. right now 22nd or 23rd in the very early morning hours. >> all right. set your alarm clock. >> yep. >> all right. john zarrella, thank you very much. >> sure. also this morning a blind chinese human rights activist who hid out at the u.s. embassy in beijing is on his way to the u.s. chen guangcheng, his wife and two children have been cleared by u.s. authorities. their flight out of beijing was delayed for two hours but now the plane they're supposed to be on is headed to newark. last month chen escaped house arrest and found his way to the u.s. embassy and was hospitalized. after a lot of back and forth china agreed to let chen leave the country to study abroad. he has been invited to study at new york university. the leaders of the g8 countries get down to business today quite literally. president obama is hosting the summit at camp david. front and center on the agenda
8:04 am
is the european economy and the eurozone mess. they are trying to find solutions to the uncertainty with countries like greece and spain. protesters are massing in chicago. they have gathered there ahead of sunday's nato summit. nato leaders have the global economy and the future of afghanistan as their top issues. now back to the g8. president obama is expected to speak there next hour and we will of course bring that to you live. the hunt for a man accused of killing his bride on their wedding night has moved to mexico. that's where the fbi believes arnaldo jimenez has fled. his parents live in mexico. it has been exactly a week since police say jimenez stabbed his new bride in his illinois apartment. she was found in the bath tub. his phone was tracked to the texas/mexico border and he is charged with first-degree murder. we'll have to wait until at least monday for a verdict in john edwards trial. the jury got the case friday but has not come to a conclusion. edwards faces 30 years in prison and is accused of misusing campaign funds to cover up an
8:05 am
extra marital affair. he denies he did anything wrong. edwards and his mistress rielle hunter did not take the stand at the trial. we were all waiting to see how high facebook stock would go when their ipo launched on friday. well, it didn't go very far. it was a rollercoaster ride for the social network. mark zuckerberg rang the opening bell on friday morning but in the end the stock gained 23 cents for the day ending at $38.23. still, facebook is expected to make around $18 billion on the stock sale. >> if the stock drops below 38 next week, you know, it could really be a sort of ugly situation. if the stock starts really dropping significantly, it's really going to raise a lot of questions. i think a lot of people were looking to the facebook ipo thinking we've got europe and greece and all this awful stuff with jp morgan's loss and everything. maybe facebook is going to turn the markets toward a little happier attitude and it really did not happen. >> in fact, the stock market had a really bad week. all three indices suffered their
8:06 am
worst week of the entire year. the dow, the nasdaq, and the s&p 500. you can see the numbers right there. not pretty. a set of wildfires is packing a one-two punch out in arizona. gladiator fire as it's called has spread to more than 9,000 acres while another blaze, the sun flower fire, has burned over 14,000 acres near mesa. as of today neither fire has been fully contained. meteorologist reynolds wolf is here to talk about this a little more. what is it, the high winds? what is causing the issue here? >> it is going to be the high winds. certainly yesterday another issue we have is very low humidity. we have a couple things working favorably in terms of this fire and of course the firefighters. today the winds are expected to be a bit weaker. that is the good news. some of the latest wind gusts at this time, these are live conditions for you. around 10, 11 miles per hour. don't get me wrong. this is not -- not that this isn't a big deal. it could be worse. that is certainly good news. they should have a bet dare today. also a little cooler for the
8:07 am
firefighters out there. the thing is they're hoping to get a handle on some of the blazes especially this weekend because early next week we'll see things really get a bit worse in terms of the weather. dry conditions and even stronger wind gusts. as it stands here's what we have. 33% containment for the sun flower fire. over 16,000 acres burned. around 13,000 possibly a bit more at this point for the gladiator fire. only 10% contained and the bull flat fire thankfully 80% containment at this point. again, weather not looking too favorable especially in tuesday, wednesday, and thursday of next week. we'll keep a very sharp eye on it, randi. back to you. >> thank you very much. new evidence in the trayvon martin case. lots of photos, accounts by witnesses, and surveillance tape. but these new details may not really be clearing up the case at all. we'll tell you why. ♪ one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age.
8:08 am
♪ it has more of seven antioxidants to support cell health. that's one a day men's 50+ healthy advantage. [ engine turns over ] [ male announcer ] we began with the rx. [ tires squeal ] then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport. ♪ this is the next chapter for the rx and the next chapter for lexus. see your lexus dealer. with your photographs. ( younger sister ) where's heaven ? ( older sister ) far.
8:09 am
what will you inspire, with the eos rebel t3i and ef lenses, for ron's next project ? learn more at youtube. welcome back. we may be getting a clearer picture now what really happened the night george zimmerman shot and killed trayvon martin. new details in the case were released this week. 183 pages of evidence. but those details also leave us with lots of new questions. the first bit of ambiguous evidence? these pictures. george zimmerman, who says he killed trayvon martin in self-defense, told investigators trayvon attacked him and slammed his head into the concrete. if that's true are these wounds consistent with a head hitting pavement? documents released thursday show zimmerman had abrasions to his
8:10 am
forehead, bleeding, and tenderness in his nose, and a small laceration to the back of his head. if it was so bad why didn't zimmerman go to the hospital? zimmerman declined to be transported to the hospital even after he told officers his head hurt and that he felt light headed. and there's this. if there was a prolonged struggle, would zimmerman's dna be on trayvon martin's hands? an analysis of scrapings from under the teen's fingernails did not show any of zimmerman's dna. but there is a cut, a small abrasion on the left fourth finger, an indication he might indeed have been punching zimmerman. and new details also reveal the first neighbor to encounter zimmerman after the shooting found him winded. >> he was having a hard time because he looked like he got his butt whooped. he was a little more not shocked
8:11 am
but just getting up type of thing. >> there is also this unanswered question. as the two men fought, who was it neighbors heard yelling for help? in a 911 call, one police sergeant counted a man yelling help or help me 14 times in just 38 seconds. listen to this 911 call. you can hear someone yelling in the background. >> so you think he's yelling help? >> the discovery documents show competing versions of the events. of those who say they heard the struggle, some told police they thought they heard a young boy screaming for help. one witness, witness six as he's called in the documents, thought it was the voice of a grown man. >> a black man with a black hoodie on top of either a white guy or now that i found out that he was a hispanic guy with a red sweatshirt on, on the ground, yelling out help. >> the fbi looked into this too but their audio analysis was inconclusive saying it couldn't determine whose voice it was due
8:12 am
to the, quote, extreme emotional state of the person yelling. plus overlapping voices. the fbi said there was an insufficient voice quality on the recording and what about that racial slur zimmerman, a white hispanic, allegedly used when describing trayvon? >> the black entrance -- >> fbi analysis released thursday said they could not a definitively identify the words zimmerman used due to weak signal level and poor recording quality. that word is key to the racial discrimination argument. experts say without evidence he used a racial slur the chances he might be charged with a federal hate crime diminish. an interview which is also part of the discovery with one of zimmerman's former co-workers says something else. the man, who was middle eastern, said zimmerman is a racist and a bully. >> i don't know if you've ever
8:13 am
watched comedy this guy is called ahmed the terrorist? >> no. >> okay. so this little guy. he's got this weird voice and some -- that was me in the story, so the story turned my accent to, no! i kill you! and he kept going and going and going. >> finally, the question of drugs in trayvon martin's system. in his 911 call, just before the shooting, zimmerman indicated the teenager looked like he was on drugs or something. but even though we now know trayvon's blood had thc in it the active ingredient in marijuana, that may not mean he was high. one toxicologist cautioned thc can linger in a person's system for days, even spike after death. hln's dr. drew pinsky warned, marijuana typically does not make someone more aggressive. with all the new details released this week you'd think we'd be closer to learning the truth about what happened.
8:14 am
but reel it one thing we know for sure is a single gunshot fired straight into the chest of trayvon martin killed him. george zimmerman is charged with second-degree murder. he pled not guilty and claims it was self-defense. zimmerman is currently out on bond. there was plenty of hype surrounding facebook's ipo but investors were not so impressed. the social network shares barely popped above the $38 price. we'll take a look at what going public could mean for the site and its users. plus you've heard the expression let sleeping dogs lie. i would guess the same thing applies to alligators. look at this video. this scientist obviously did not agree. ♪ how does this thing work? oh, i like it! [ garth ] sven's small business earns double miles on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card!
8:15 am
why settle for less? testing hot tar... great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? here's your invoice. so i used my citi thank you card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? we talked about getting a diamond. but with all the thank you points i've been earning... ♪ ...i flew us to the rock i really had in mind. ♪ [ male announcer ] the citi thank you card. earn points you can use for travel on any airline, with no blackout dates.
8:16 am
it's the travelocity spring into summer sale. you can save up to 50% on select hotels and vacation packages. so book your summer vacation now and save up to 50%. offer ends soon. book right now at travelocity.com. good morning, washington. what a nice shot of the white house there. it's about 16 minutes past the hour. welcome back to cnn's saturday morning. checking stories cross country now watch this. a 300-pound gator chomping down on a biologist's arm in north carolina. whoa. oh, my goodness. look at that. the man works at a nearby aquarium. he was helping firefighters wrangle the gator. neighbors called for help after seeing it lurking nearby in a ditch. they eventually captured it and even after that struggle oh, yeah the sign tifs turned out to be okay. today is the preakness stakes in maryland so get your bets ready. it is the second leg of the u.s.
8:17 am
triple crown but odds are against the winner of the kentucky derby named i'll have another. instead the runner-up of the derby bodemeister is favored to win. the race starts tonight at about 6:00 eastern. and a man in kentucky bought everything inside a k-mart, everything. the k-mart was closing and he is donating it to charity. rankin paynter paid about $20,000 for it. he was going to sell it and changed his mind. most of it is winter clothing. >> it will mean the needy this fall will not go cold. they won't go hungry. >> what an amazing guy. paynter says he was once so poor he couldn't afford shoes and now is a successful jeweler. tlooi facebook's now a public company and investors expect the company to bring in profits. will that mean major changes to the website and maybe your personal page? we'll find out next. sorry. sore knee.
8:18 am
blast of cold feels nice. why don't you use bengay zero degrees? it's the one you store in the freezer. same medicated pain reliever used by physical therapists. that's chilly. [ male announcer ] new bengay zero degrees. freeze and move on. because we want to show them something new. you guys ready? yea! let's go go go! walmart can now convert your favorite dvds from disc to digital. no kidding. cool. ♪ now you can watch them on your laptop, tablet, phone... any time, anywhere. like here. or here. or here! psshew! watch movies anywhere! the best part is it's only two bucks per disc. cool. that's the walmart entertainment disc to digital service.
8:19 am
see for yourself. bring in your favorite dvds to your local walmart photo center to get started. see for yourself. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. you do a lot of no.aking? look i'm going through the rapids. okay... i'll take it. sync your card with facebook, foursquare and twitter for savings. that's the membership effect of american express.
8:20 am
8:21 am
welcome back. facebook is making new friends but just how much investors like the very popular social networking site is still up in the air. facebook made its debut on the nasdaq yesterday with initial shares selling for $38. the price was expected to go way up and it did briefly but finished the day flat. mario armstrong, hln's digital lifestyle expert joining me now from baltimore. good morning, mario. >> good morning. how are you? facebook did drop flat. it did drop flat. >> yeah. it wasn't great. but how exactly hayes facebook been making money in the first
8:22 am
place? and will the site change? i mean, i think a lot of people are wondering what's going to happen to my page now that they've gone public. >> right. absolutely it will because now they have much more scrutiny on them. they have investors they have to now account for. they have to make money and they have to show steps that are going to continue to do that. how much will that change the facebook experience everyone has kind of grown up knowing over the years. certainly we'll have some changes. i'll touch on those in a bit. to answer your direct question they make money mostly through ads. that's the lion's share of how facebook makes their revenue. when you look at it just last quarter $872 million is what facebook brought in. when you compare that to someone like google who in the same quarter brought in $9 billion you can see a lot of potential and room still to grow. >> yeah. no doubt. do you think it is a smart buy to get, pick up some of these shares? are you going to do it? >> no i'm not. here's what i did though. i bought one share through a website that's called give a share where you can actually buy
8:23 am
a stock certificate and then frame it. >> did you buy one for me? >> i will gift you a share. >> good. >> i'm not an investor. i certainly can't give monetary advice but from a tech company what we research and watch over the years from other companies i think the stock will actually grow a bit. i don't think megabusters but that is just my opinion. they have a lot to struggle with. mainly mobile. that is their biggest problem and challenge. >> and a facebook wallet of sorts could be in the running. >> a couple things could change. number one the facebook wallet. the idea is they have hundreds of millions of users on here randi. why aren't they figuring out better ways to use currency to buy digital goods to buy in app purchases? creating an economy within the facebook community. that is going to be a big one. this whole mobile thing a lot of people want to interface with facebook on mobile and it is
8:24 am
horrible. i have screen shots of my experience on it and a lot of times it says one word. loading. loading. >> so true. been there. >> so they know they'll work on that. they bought insta gram who has a very phenomenal mobile experience that works really, really well. also with photos. so i think we're going to see some adjustments. mark is a very smart guy. we all know that. we know the team he is surrounded with is smart so there will be some changes. many of which we may not like but some of which they will have to do. >> and it will be interesting to see in the end what facebook is worth. speaking of making money there is a way to see what we're worth right to facebook? >> that's right. >> you go to this website go private.com and answer questions about your usage on facebook. how often do you share, how often do you comment, how often do you post, things of that nature. can you live without it? will you not use it anymore.
8:25 am
and in the end my result was worth $60 bucks to facebook. >> i would think you'd be worth a lot more. >> i'm a pretty heavy user. probably not the heaviest user but i would certainly think in the top percentile of heavy users of facebook. i've seen people as high as about 72 or 75. i think is where i've seen it cap out. when you do that in the millions, hundreds of millions, when it's free, folks, you are the product. when something is free you are the product. >> well you are worth hundreds of millions to us here on cnn saturday morning. >> good close. that made my morning. >> all right. mario, nice to see you. >> nice to see you too randi. >> thank you. of course join us every saturday at this time as our digital lifestyle expert the guy mario armstrong gives us the scoop on the latest technology. facebook was the big deal on friday but did it have the power to stop what was building up to be a really rotten week on wall street? we'll tell you about the effect on your 401(k).
8:26 am
plus it is a billion dollar business but the number of children being adopted from overseas has been dropping in recent years. we're putting the baby business in focus this morning. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones.
8:27 am
but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ in absolute perfect physical condition and i had a heart attack right out of the clear blue... he was just... "get me an aspirin"... yeah... i knew that i was doing the right thing, when i gave him the bayer. i'm on an aspirin regimen... and i take bayer chewables. [ male announcer ] aspirin is not appropriate for everyone so be sure to talk to your doctor before you begin an aspirin regimen. so he's a success story... [ laughs ] he's my success story. [ male announcer ] learn how to protect your heart at i am proheart on facebook.
8:28 am
8:29 am
welcome back. i'm randi kaye. thanks for starting your day with us. it is about the bottom of the hour now. all morning we've been going in depth on an issue that goes largely unspoken, going outside the u.s. to build a family. some would be parents are willing to pay big bucks for a child to call their own according to the centers for disease control and prevention. of the nearly 2 million adopted children in the u.s. back in 2007, 37% were adopted from foster care. 38% joined their families through private domestic adoptions and one-quarter were adopted internationally. joining me now is the founder and ceo of the worldwide orphans foundation. good morning to you, jane.
8:30 am
tell me, one question that a lot of folks have is why do 25% of the parents go outside of the u.s. to adopt a child when there are so many orphans and needy children right here in the u.s.? >> i love that question. i think what is important for everyone to know is there are hundreds of millions of orphans all over the world and i think it's a global issue. so i don't think it's necessarily people preferring one or the other. i just think people are drawn to different aspects of creating their family and there are so many children that are available. it really doesn't matter what people's choices are. i think what's important is that we try to solve the problem of orphan children and the orphan crisis. >> and you adopted as well, right? >> yes, i am a parent through adoption. i have two sons who are now 12 and almost 14 and both of them were adopted internationally,
8:31 am
one from vietnam and one from ethiopia. >> let's talk about china a little bit. a lot of children are adopted from china. according to the state department in 2011 more than 2500 children were adopted from china compared to about 800 -- actually 800 more than ethiopia which stands at about 1700 or so. why do you think that is? >> over the years i've been doing adoption medicine since the late '80s there have been growing numbers of children adopted from the top ten countries. it is varying from year to year but all through the '90s china and russia were the top countries. and then finally through the 2000s what happened was chinese adoption changed. a china adoption really now is in majority, special needs adoptions. and many families choose to adopt from china and adopt children who may have had a cardiac disease or some
8:32 am
abnormality like spina bifida or cleft lip and palate is certainly high on the list. there are many wonderfully healthy children with some underlying medical condition that are now able to have a permanent home. so that's a good story. the bad side of it is that adoption of healthy, well children who are infants and toddlers from china has changed radically so that that waiting time is about five or six years which really is reprehensible. >> i don't think a baby from another country can certainly cost a lot, about $64,000, about 24,000 more than adopting a child here in the u.s. it is a quarter billion dollar industry. business apparently is down since averaging about 21,000 each year from 2003 to 2007 now only about 15,000 were adopted in 2008 and 2009. so if you look at the numbers, in 2011 fewer than 10,000 children were adopted from overseas. why do you think the drop?
8:33 am
>> oh, that's a wonderful question. but i just want to say to you, those prices are not correct. i think those are incredibly inflated. if you go to the adoptive families magazine which is a wonderful resource for families adopting both domestically and internationally, you'll see the numbers from a research project that they did a number of years back. and there are many ways to adopt children at much less expensive prices than you have up there. i think that's a little bit skewed. most international adoptions are complicated by the fact that there is international travel and that there's been added numbers of trips that go into the hopper on the total price. but let's go back to your very important question about why adoption numbers have changed. over the almost 25 years that i've been doing international adoption medicine we've seen huge growth in international adoption which is really great because it provides permanent homes for children who ordinarily wouldn't have had a permanent home. but what's happened over that
8:34 am
time that i've been in adoption medicine is that the haag convention on adoption took approximately 15 to 20 years to implement in 2008. that was a good thing in a way because it helped provide a structure that would attempt to diminish the chances of trafficking and the sale of babies as you've been describing here. that is a good thing in part. the problem with the hague is that as it created a body to accredit agencies it did not invest in the social welfare infrastructure of the countries that were sending children abroad and so there was really no attention paid to alternative health care for children who were orphaned. >> is it though helping what i would call even the ugly side of the baby business? is it preventing what we hear so many stories of including one from guatemala that we've been covering this week and this morning of babies being stolen from their parents in other countries and then sold to
8:35 am
international agencies so they can be adopted out to the u.s.? >> i'm sure. i'm a balanced and optimistic individual in a difficult area of practice but i'm sure that much of hague convention was good motivation and much of it probably protects lots of children from being trafficked. but i would say to you that the bureaucracy that was created is really very sad. again, much too bureaucratic. the process has slowed down. many countries have closed. there are 9,000 adoptions internationally by the end of 2011 when there were 23,000 in 2004-2005. even those numbers are very tiny for the 153 million children recorded as orphans around the world. so i would say some good has come from the hague convention but the lack of investment in helping countries place children in domestic adoption in their own countries, forced to care in
8:36 am
their own countries and the provisions for birth mothers who are in a desperate state in economic conditions, education, health care, these are the things we should be concentrating on. an adoption is an option which should be treasured. it is an important way to provide children with a permanent home whether domestic or international. >> right. >> but the orphan crisis is really where we ought to be. >> you are doing wonderful work in the orphan crisis, dr. jane aronson. thank you very much for your time and for all the work that you do. >> thank you. i appreciate it. >> we want to point out the numbers i was discussing with dr. aronson came to us through the u.s. government from the state department as well. well, he dared to speak out against china's government. now a blind chinese activist and his family are on a flight to the u.s. we'll look at whether pressure from the white house may have spurred chen guangcheng's exit from china. the stock market had its worst week of the year but that doesn't have to get you down. we have tips to protect your investments at home. [ male announcer ] that. right there -- reminds you
8:37 am
why you fell in love with her in the first place. and why you still feel the same. but your erectile dysfunction -- that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, seek immediate medical help
8:38 am
for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial.
8:39 am
if you have money in the stock market you've been losing money the past few weeks. the 401(k) statements are looking grim. if you're approaching retirement well you might be getting a little nervous. our financial expert, president and founder of gratis capital management has great ideas to keep our money safe and even grow it don't you? >> well maybe. >> before we get to those though i'll give you a second to think about that. the market was up apparently over 12% in the first quarter of the year and now has lost half of that in the past few weeks. give us your take on what exactly is going on. >> randi, it's been a crazy three weeks. the market was up 12% in the first quarter and the last three
8:40 am
weeks has dropped 8%. i would say 20% of the reason it's dropped is we've had some weakness in economic data that's come in. but predominantly the major issue is greece and the european debt crisis. in the first quarter, the economic data, unemployment, manufacturing, and jobless claims were all positive. when it comes to europe no news is good news. in the first quarter no good news out of europe. many analysts were saying europe is a dead issue. it's going to be fine. the market was trading on fundamentals. now we're back to this european debt crisis. it creates nervousness in the market and the market doesn't like uncertainty. that's why we've had to sell off. >> let's look forward. a lot of our viewers are in retirement or maybe thinking about retirement or nearing retirement. if you look at how they should be investing, obviously differently in this type of
8:41 am
environment. let's start with those in retirement. >> we can call them in retirement or really just anybody that is deriving income off their portfolio if they sold a business, in retirement, anybody that is supporting their lifestyle from the portfolio. our philosophy is the number one most important thing is cash flow. cash flow creates certainty. if we're in an environment right now where interest rates are at historical lows you can't earn any money in savings accounts or cds and stocks are very uncertain right now, cash flow creates certainty. if you can build a portfolio of high quality dividend names like johnson & johnson, mcdonald. >> things that generate cash flow. >> absolutely. cash flow stocks and high quality bonds that are hedged against rising rates, un, we're generating 4.5%, 5% cash flow off those portfolios and in a time of uncertainty with that certain cash flow that's there to meet your budget it creates a much more stable environment for you mentally when you're watching the markets move up and down every day. >> what about international?
8:42 am
should you stay away from anything international? >> absolutely. the companies that i just mentioned, in most high quality dividend portfolios like the one that we run those companies derive 25% of their income overseas anyway and i think the chief investment officers of these companies are equally if not more talented than a lot of international stock managers that determine how to hedge the different currencies and where to hedge the revenues from overseas. >> in terms of building toward retirement one of your main things is to maintain a long-term growth strategy. >> right. building toward retirement i think now is a great time to take a step back and look at your asset allocation. look at your risk tolerance. kind of determine and assess yourself. are you an investor or a trader? i would always recommend being an investor. if you're an investor and you own some high quality companies i mentioned a minute ago then those earnings are going to grow over time regardless of what happens in europe. those earnings are going to grow over time and the stocks are going to do well but if you're a
8:43 am
trader and you're watching the news every day and trying to figure out when to get in and out of the market i think it's a losing proposition over time. >> what about real estate? so much has been made about the market hitting bottom. is it a safe place to invest right now do you think? >> randi, i think the real estate market really bottomed. i think there are different geographical pockets in real estate, different sectors, but generally i think across the board it has bottomed. i have a chart that i use at the office. i don't have it with me but i can illustrate it. it is an awesome chart that shows the real estate prices appreciating over the last hundred years. it's about a 2% to 3% average and it is just a steady, straight line. when it gets to 1997, you see this straight up and then in 2007 straight down. there is literally a bubble in the line. if you were to lay a ruler across that bubble and see where should we be we're right about where we should have been had we stayed on that slow, steady trend. i think we bottomed but i wouldn't anticipate any kind of pop in prices like what people got used to over the last ten
8:44 am
years. >> all right. nice to see you. great advice. >> nice to see you too. when disaster strikes food, water, and shelter are the first supplies immediately sent. two young entrepreneurs are providing a new source of relief. gary tuchman has their story in this start small think big. >> reporter: after the 2010 earthquake in haiti donations from around the world helped with the relief effort. but two graduate students felt something was missing. >> we teamed up two weeks after the earthquake happened in haiti because we both had a common interest in exploring the use of solar lighting and renewable lighting and disaster relief aid. >> reporter: so andrea and anna came up with a bright new idea. it's a small, solar-powered light that infillets making it water proof and easy to ship. >> we kind of came to believe that light is a basic human need. light really should be a part of what is included for victims in the wake of a natural disaster. >> reporter: when japan's
8:45 am
earthquake happened last year andrea and anna put their product to use. >> we were in tokyo so things were relatively stable in that part of the country but what ended up happening is there were rolling blackouts and people across the city were trying to conserve power. >> lumin aid lights provide up to eight hours per charge and are fully charged in five hours and are currently available in 25 countries. >> when a disaster happens people are in fact in need of very fundamental supplies including lighting and power. >> whether as a ploebl source or in cases of emergencies, lumin aid could be lighting the way for the future. >> that was gary tuchman reporting. a blind chinese activist begged president obama for help and now he's on a flight to the u.s. and a brand new life. why was china willing to let him go? straight ahead. does any mother ever feel like their kids are adults?
8:46 am
i have twins, 21 years old. each kid has their own path. they grow up, and they're out having their life. i really started to talk to them about the things that are important that they have to take ownership over. my name's colleen stiles, and my kids and i did our wills on legalzoom. [ shapiro ] we created legalzoom to help you take care of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com, we put the law on your side.
8:47 am
[ female announcer ] improve the health of your skin with aveeno daily moisturizing lotion. the natural oatmeal formula improves skin's health in one day, with significant improvement in 2 weeks. i found a moisturizer for life. [ female announcer ] only from aveeno. olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! put it on my spark card! [ high-pitched ] nice doin' business with you! [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? i saved a fortune on car insurance with progressive.
8:48 am
now i'm just out here saving fortunes forward. i want you to look into this ball right here. tell me what you see. savings. that's absolutely right. and it's in your future. close your eyes. man: all right. go to progressive.com. i see flo. that's a good sign. that's a good sign. it's your portal to the realm of savings. this is your heart line. this is your savings line. you see how they intertwine? yes. savings equals love, honey. yes. i tell you what i can spend. i do my best to make it work. i'm back on the road safely. and i saved you money on brakes. that's personal pricing. a blind chinese activist who pleaded with the obama administration and congress for help is on his way to the u.s. and a brand new life. a motorcade took chen guangcheng
8:49 am
to the beijing airport this morning. the self-taught lawyer set off a diplomatic storm when he pled house arrest and sought refuge at the u.s. embassy last month. days later he went to the hospital in the chinese capital but then said his relatives were being persecuted because of him. cnn's stan grant is joining us from beijing. good morning to you. chen's flight is in the air, right? on its way to newark? i know there was a bit of a delay. >> yeah. in the air now and as you say on its way to newark and then he'll be heading to new york where he is being offered randi this job at new york university. this was a dramatic twist in what has been an extraordinary story. chen turning up at the airport today with his family. he was saying that he had no passport with him. officials were holding those passports and other documents for him. he went through immigration. went through security. then was given his documentation to board the flight. chen really is leaving china
8:50 am
because he simply fears for his life here. he was at the u.s. embassy after escaping from house arrest. that brought the u.s. and china to loggerheads. one side china one side the u.s. in the middle chen. in the end a deal was worked out where china would provide a passport and chen would then be able to leave the country. he is leaving behind everything he knows. he doesn't speak english. he spent his life living in his village and is leaving behind family members who he says are being persecuted and all because of him. >> and, stan, he fled to the u.s. embassy right before hillary clinton arrived in china for economic talks. was there international pressure put on china to let him leave? >> well, certainly a lot of pressure between china and the united states. if you listen to some of the reports about the negotiations behind the scenes a lot of finger pointing and raised voices and china to this day is still demanding an apology from the united states for actually allowing chen to hold out inside
8:51 am
the embassy. china has come to this on its own. people interpret this as an attempt by china to rid itself of yet another problem. remember this is someone they locked away in prison for four years who had been held under house arrest for the past 18 months. despite all of that, manages to escape, gets to the embassy, captures headlines around the world, lifts the veil on what many see as the appalling human rights record here in china. china wants him gone. they want him gone and in the united states presumably never to come back. >> it certainly seems that way. stan grant, thank you very much. well, get your bets ready. the preakness stakes is just hours away. if you're counting on the winner of the kentucky derby to take the lead today, the odds may be against you.
8:52 am
8:53 am
welcome back. today is the 137th running of the preakness stakes. that is the second leg of horse racing's triple crown. of course the first leg the kentucky derby kicked off the excitement two weeks ago. no horse has won the triple crown in more than 30 years. so the question again this year, can it be done? joe carter from hln sports is joining me now. good morning to you. what do you think? can it be done? who is the favorite here? >> the favorite is bodemeister and bodemeister and union ragz were the two horses being thrown around as the favorites two weeks ago at the kentucky derby. bodemeister finished second at the kentucky derby. bodemeister has got the famous trainer in bob baffert, the most famous, popular trainer in the sport. people were very impressed by bodemeister's run at the kentucky derby two weeks ago
8:54 am
holding on to second and stunning down the end. he didn't show any weakness until the last few yards. people say if the horse gets out early today the race will be over. i know a lot of people are going to be pulling for that kentucky derby winner i'll have another. you know if that horse wins today the belmont in two weeks becomes an absolutely huge race. they'll be so close to finally breaking that 33-year streak of no triple crown winners. but the preakness and i don't want to offend the horse racing crowd but the best way to describe it is the jan brady of horse racing. >> that doesn't sound good. >> the middle race or middle sister of the triple crown. it's like it's kind of overlooked at times. you got the derby of course then the preakness and the belmont. 78 was the last time a horse won all of those races. that's why today's race is so important because we'll know after the two-minute race if we'll have a triple crown winner or not. >> won't that be nice? >> the big tradition the black-eyed susan unlike the mint
8:55 am
julep drink at the kentucky derby. a little whiskey, vodka. orange juice, sweet and sour. bring tums. it is very acidic. >> you go out and try on the hats and all the drinks. >> you just need a big nice orange hat and you're ready to go. >> next time. thank you, joe. coming up at the top of the hour president obama is playing host to a very powerful group of world leaders. we'll hear him open up the g8 summit live. wait. it is an issue a lot of us think about and many of us struggle with. a 12-year-old boy may have found the secret to dietary success. we'll talk with him and his mom. [ male announcer ] we began with the rx. [ tires squeal ] then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the all-new rx f sport.
8:56 am
♪ this is the next chapter for the rx and the next chapter for lexus. see your lexus dealer. where we switched their steaks for walmart's choice premium steak. let's see what people think. it's a steak-over. the filet is like butter. it seems like it just melts in my mouth. that's a nice steak. these steaks are carefully aged for flavor and tenderness. you are eating walmart steaks. really? this is fabulous. the steak is excellent. so, where would you buy your steaks? at walmart. any day of the week. walmart choice premium steak. try it, tell us what you think on facebook. by the way, it's 100% money back guaranteed.
8:57 am
8:58 am
8:59 am
good morning everyone. i'm randi kaye. it is 9:00. thanks for waking up with us. let's get you caught up on the news. president obama hosts the world's most powerful leaders today for the g8 summit at camp david but planned protests have local law enforcement preparing for riots and even flash mobs. we'll have a live report. plus a bride stabbed to death in her bath tub. the suspect, her new husband. now an international man hunt as the fbi follows leads to mexico. and this. >> four, three, two, one. zero. and lift off. we've had a cut off. >> a space launch failed. the first mission by a private company is aborted as space x's dragon 9 rocket suffers a computer problem. now to the g8 summit.
9:00 am
president obama and other world leaders have a lot on their plate. first and foremost they're tackling the crumbling economies in europe which could bommerang on the u.s. if they don't improve fast. cnn white house correspondent brianna keeler is at camp david joining us this morning. good morning to you. what do we expect out of this gathering today? >> today, randi, is going to be all about the economy. we expect president obama to kick things off shortly with some welcoming remarks and then there are going to be a series, five different working sessions. kind of discussions as the world leaders talk about really the number one issue here which is the european economic crisis. it's threatening right now as it goes into its third year to possibly spill over into a global economic crisis and that would affect the us. europe has really sort of with germany set the tone, done a lot of belt tightening. i mean cutting government spending in some of the eurozone
9:01 am
nations and they've seen their growth stagnate. so europe is really at a crossroads trying to decide how to move forward. president obama you can see this setting behind me. this is camp round meadow which is just down the road from camp david and is very serene here. that was sort of the point. president obama picked this locale for its serenity. a lot of g8 summits tend to be in sort of not necessarily flashy but certainly popular resort towns and are really buttoned up affairs. they don't lend themselves to the conversations that world leaders might be able to have here as they have a whole lot on their plate. a lot of times they're trying to find time on the sidelines of these kind of conventions and this is certainly more of a quiet, intimate affair. >> as you said the economy certainly front and center. there must be other key issues the leaders are going to be tackling. >> a number of key issues. iran and syria. a lot of this was done last night during the dinner they had. they were focusing more on sort
9:02 am
of world affairs. last night it was more talking about iran, talking about syria. there are talks coming up in baghdad that iran will participate in along with a number of other nations including the u.s. as the u.s. and other nations try to discourage iran from moving forward with its alleged nuclear weapons program and syria as well. because the casualties are continuing to mount there as the syrian government takes on an armed opposition. so a lot of discussion there. and really some differences here as well among some of the people specifically russia, randi. >> yeah. did anything actually come out of that dinner, any firm proposals? >> it seems a lot of this is about you sort of wonder what do they really take away from this? really this is sort of about making sure that everyone is on the same page as they go in to these talks coming up in baghdad so on iran according to a senior administration official it seems like everyone, there is sort of
9:03 am
a cohesion around what the goal is there. when it comes to syria though there is a bit of a difference and this is where you'll really see a difference particularly between the u.s. and russia because you've heard the administration say that assad, who is in charge of syria, that he must go. he has lost his legitimacy. russia doesn't feel that way. they think something needs to be done but there is a big difference on what needs to be done. >> brianna keeler watching it all. thank you. we are standing by for remarks from president obama expected to speak at any moment now. we'll bring it live once that happens. after camp david president obama heads to chicago for another summit. protesters have already taken to the streets. extra police were brought in from as far as philadelphia and charlotte. there is a major anti-war protest planned for sunday. the war in afghanistan is at the
9:04 am
top of nato's to do list. the hunt for a man accused of killing his bride on their wedding night has moved to mexico. that's where the fbi believes arnaldo jimenez has fled. his parents live there. it has been a week since police say jimenez stabbed his new bride in his illinois apartment. she was found in the bath tub. jimenez' phone was tracked to the texas/mexico border and he is charged with first-degree murder. a blind chinese activist who hid out at the u.s. embassy in beijing is on his way to the u.s. that is the motorcade. you see it there heading to the airport. chen guangcheng, his wife and two children have been cleared by u.s. authorities. their flight out of beijing was delayed for a couple hours but it is now on its way. after a lot of diplomatic back and forth china agreed to let chen leave the country to study abroad. he has been invited to study at new york university. we'll have to wait until at least monday for a verdict in the john edwards trial. the jury got the case friday but hasn't come to a conclusion. edwards faces 30 years in
9:05 am
prison. he is accused of misusing campaign funds to cover up an extra marital affair. he denies he did anything wrong. edwards and his mistress rielle hunter did not take the stand. a delay this morning for what was supposed to be an historic launch from cape canaveral. >> four, three, two, one, zero. and lift off. we've had a cutoff. >> it was a no-go. the computers found a problem in one of the falcon rocket's nine engines just a half second from the launch. the rocket carrying the dragon spacecraft was supposed to carry cargo to the international space station. it would have been the first private mission of its kind. they're now shooting for a tuesday launch. we were all waiting to see how high facebook stock would go when their ipo launched friday. it didn't go very far. it was a rollercoaster ride for the social network. mark zuckerberg rang the opening bell but in the end the stock gained just 23 cents for the day ending at $38.23.
9:06 am
still, facebook is expected to make around $18 billion on the stock sale. >> if the stock drops below 38 next week, you know, it could really be a sort of ugly situation. if the stock starts really dropping significantly, it's really going to raise a lot of questions. i think a lot of people were looking to the facebook ipo thinking we have europe and greece and all this awful stuff with jp morgan's loss and everything. maybe facebook is going to turn the markets toward a little happier attitude and it really did not happen. >> the stock market had a really bad week. all three indices suffered the worst week of the entire year. the dow, nasdaq, and s&p 500 not a pretty picture. having trouble sticking to your diet? a 12-year-old north carolina boy says it is not just what you put on your plate. it's how much. he joins us next with his secrets to long lasting weight loss and a healthier life. before you eat that breakfast
9:07 am
keep it here. #
9:08 am
i bathed it in miracles. director: [ sighs ] cut! sorry to interrupt. when's the show? well, if we don't find an audience, all we'll ever do is rehearse. maybe you should try every door direct mail. just select the zip codes where you want your message to be seen. print it yourself or find a local partner. and you find the customers that matter most. brilliant! clifton, show us overjoyed. no! too much! jennessa? ahh! a round of applause! [ applause ] [ male announcer ] go online to reach every home, every address, every time with every door direct mail.
9:09 am
with your photographs. ( younger sister ) where's heaven ? ( older sister ) far. what will you inspire, with the eos rebel t3i and ef lenses, for ron's next project ? learn more at youtube.
9:10 am
we're standing by for remarks from president obama as he kicks off the g8 summit today. he is expected to speak any moment now. we'll bring it to you live on cnn when it happens. in other news though if you're overweight and feeling uninspired about losing it, well, my next guest might just
9:11 am
change that. marshall reid was just 10 years old when he decided to do something dramatic to lose weight. teased at school for being heavy marshall came up with what you might call a plan of action posting videos on youtube of his progress. he was even an i-reporter for cnn sending in this video when he began the plan. what is his plan? well, it is all about portion. marshall and his mother join me now from raleigh, north carolina. good morning to both of you. >> good morning. >> so you are coauthors of this new cookbook called portion size me. it's a kid driven plan to a healthier family. i love this. we are very excited about having you both on to talk about it. marshall, you're 12 now. tell me about that moment a couple years ago when you had the breakthrough. you were watching a documentary, right? >> yes. i think the night before we had watched the documentary super
9:12 am
size me and a kid that next day at school started bullying me and i just got tired of it because it all started to add up. and so sort of like in a heated moment decision i went to my mom and said, mom, let's do something to, you know, fix ourselves. because we were all eating really bad. after i thought about it for a couple minutes i thought that was a really good idea. >> it was. mom, alexandria, i want to ask you your reaction. you have marshall coming to you telling you not only does he want to change what he is eating but the whole way your entire family eats. >> it was, i had a kind of a two-fold response. my first response was i was hurt and shocked that he was hurting so much. i wasn't really tuned into his emotions at the time. and then the second thing was i was actually excited about doing a family project together. it gave us an activity and
9:13 am
responsibility to each other over the summer. it was really fabulous. >> marshall, you lost like 36 pounds right? >> yeah. >> what the plan? it's not just about portion size right? >> it actually starts with six goals. we all sat down to sort of come up with easy, smaller goals to help achieve one big goal. and all these goals go into, you know, eating real foods, reading ingredients, exercising. and we noticed a lot of the time like we go into the grocery store and buy a can of peas. and it ends up there's high fructose corn syrup in a can of peas and that's like a fake sugar. we wanted to stay away from fake
9:14 am
sugar. >> we wanted to take the opportunity to view food differently and make it part of our life instead of just a reaction in our life. we wanted to view food as fuel and we didn't want to, as a parent i didn't want to put this measurement of weight or a specific, you know, that type of definite goal. mostly i wanted to be able to step back and view food as nutrition and have a healthy relationship with it. that's why we developed these six goals to have a healthy relationship long term with food. >> and i love when you talk about portions because it's really incredible what a true portion is. isn't it? when you actually look at what it might be. i mean, obviously this is one of your goals but making sure that you watch the portion sizes and get moving. but you are a busy mom with a couple kids. at the time of all of this your husband was stationed in iraq. you were eating out a lot. so how has it been for your family and how much weight have you lost?
9:15 am
>> that's not fair to ask on tv. >> i'm sorry. it's motivating though. very motivating. >> i will say i have dropped pounds but mostly we all have a lot more energy. we have a lot more endurance, more stamina, and we're happier. i don't know exactly, i'm not a nutritionist or a doctor. i don't know how you end up being happier when you have good food. but it's true. now it's fun to cook. it's fun to get the kids in the kitchen. it's fun to create things. it is fun to explore and look for new things. we all love convenience and look for convenience but we just want to make sure that it's healthy for us. >> right. >> so even with school lunches and stuff like that we're -- some companies now are actually getting onboard with making healthier foods and portioning them down to the right size. you just have to open your eyes to them and explore for them. >> so one good example of some
9:16 am
of these companies is they're perfectly portioned pieces of cheese and we looked at them and they're all natural. that is just one example of the millions of companies shrinking portion sizes to make them proper. >> right. what is the typical breakfast for you? i think a lot of kids or even a typical dinner because they think about vegetables and anything that isn't sugary and they turn their nose up at it. >> for breakfast it's lately been okaylets. lots of omlets. >> whole eggs or egg whites? >> whole eggs. we actually have chickens in our back yard and that's one thing that started us was we have chickens so we don't have to buy store bought eggs. we cracked a store bought egg and one of our chicken's eggs and the color in the yolk was completely different.
9:17 am
>> they're farm eggs. >> yes. >> our eggs were a lot more colorful and vibrant. they tasted better than the store bought eggs. >> before i let you go what would you say to another child who might be watching who is thinking about eating healthier, maybe wants to lose some weight. what is your advice? >> do it. i mean, when i first started this like within three days i didn't like the idea of it. day four i loved the idea because i had already started to see changes. and now that i look back at the original 31 days i was amazed. so much has changed that is positive. you know, more energy. we all feel better. we talk to each other better. i can focus better on tests. >> amazing when you get that junk out of your system. congratulations to both of you. i think what you've done at home
9:18 am
is wonderful. >> thank you. >> marshall, i'm a big fan. nicely done. >> thank you. >> thank you very much. >> once again their new cookbook is called portion size me, a kid driven plan to a healthier family. but first, profiling a man who creates a breathtakingly beautiful work of art in silver. i do believe the biggest gift we have is to converse with a work of art. in recent years with the great computer age we are losing in a certain way interaction with real objects. the computer doesn't feel any pain. it doesn't feel any joy. it cannot suffer. those things can only be lear d learned. art can communicate all of those things in a very quick and easy way. just look at them. look at the work of art. communicate with it. they are talking to you. just listen and answer.
9:19 am
an airline has planes... and people. and the planes can seem the same so, it comes down to the people. because, bad weather the price of oil those are every airlines reality. and solutions won't come from
9:20 am
500 tons of metal and a paint job. they'll come from people. delta people. who made us one of the biggest airlines in the world. and then decided that wasn't enough.
9:21 am
you do a lot of no.aking? look i'm going through the rapids. okay... i'll take it. sync your card with facebook, foursquare and twitter for savings. that's the membership effect of american express.
9:22 am
and we want to take you live now to camp david where president obama is beginning his remarks. he is kicking off the g8 summit today with a group of world leaders. we promised we'd bring it live when it happens. let's listen in for just a
9:23 am
moment. all right. we'll keep an eye on this. when the president starts speaking we'll bring it to you. obviously the economy is a big issue he is going to discuss with the world leaders and concern about the eurozone and how it affects your money. we'll bring it to you when he begins. 83 million in presidential campaign cash is how much president obama and mitt romney raised in april. how are they using that money? on television ads. we have more on the competing commercials. >> reporter: good morning, randi. have you wondered what mitt romney would do if elected president on his first day in the white house? a new campaign commercial spells it out. >> day one, president romney immediately approves the
9:24 am
keystone pipeline creating thousands of jobs that obama blocked. president romney introduces tax cuts and reforms that reward job creators not punish them. president romney issues orders to begin replacing obama care with common sense health care reform. that is what a romney presidency will be like. >> the ad which hit tv stations in key battleground states yesterday is the first general election spot by romney and pretty much stays positive. it seems right now he is letting others do the dirty work on tv. >> president obama's agenda promised so much. >> we must help the millions of home owners who are facing foreclosure. >> promise broken. one in five mortgages are still under water. >> that's a new ad out this week by the independent pro republican group crossroads. they say they're spending big bucks to run the spot. >> his mother got him up before dawn to do school work. she knew what it meant for his future. with hard work and student aid, his life was transformed.
9:25 am
>> president obama's re-election team is also staying pretty much positive. >> he doubled funding for college grants, capped federal student loan payments, passed the largest college tax credit ever. >> this new spot began hitting tv stations yesterday. it's part of a huge ad by this month by the re-election team. but they as well as an independent pro obama group, are spending some money to attack romney. >> they closed it down and filed for bankruptcy without any concern for the families of the communities. >> the plant that employed those steel workers was bought and years later shut down by the private equity firm romney cofounded. all those ads in just a week. guess what? we've got five and a half months to go. for those of you living in battleground states watch out. randi? >> thank you very much, paul ste steinhauser. we'll go back now where the president has started speaking at camp david certainly addressing the european economy, eurozone mess, trying to find some solutions along with the world leaders. let's listen. >> but we agreed and i expect this will be reflected in our
9:26 am
communique that the plan has to be fully implemented and that a political process has to move forward in a more timely fashion to resolve that issue. we also have a chance to discuss the situation in north korea. all of us agree that north korea's violating its international obligations and that there is a path for them to rejoin the international community but that path is not going to be -- or that objective will not be achieved if they continue with the actions they have shown over the last several months. and on a brighter note, we had the opportunity to discuss burma and all of us are hopeful that the political process and transition, transformation that is beginning to take place
9:27 am
there, takes root. many of us have taken action to open up trade and investment with burma for the first time in many years. and we have had discussions with the leadership there. our hope is that this process will continue and we're going to do everything that we can to encourage that process. finally, we had a brief discussion around the issue of women's empowerment where we agreed that both, when it comes to economic development, and when it comes to peace and security issues, empowering women to have a seat at the table and get more engaged and more involved in these processes can be extraordinarily fruitful and this is something that we will also be introducing during the g20. so i want to thank all the leaders, despite the fact that at least those coming from across the atlantic ended up staying up i guess until 6:00 in the morning their time. the discussions were very
9:28 am
fruitful. this morning we're going to be spending a lot of time on economic issues. obviously the eurozone will be one topic and all of us are absolutely committed to making sure that both growth and stability and fiscal consolidation are part of an overall package that all of us have to pursue in order to achieve the kind of prosperity for our citizens that we're looking for. we'll also be talking about uncertainty in the energy markets and how we can help to resolve some of those issues and we'll be spend iing time talkin about development in the northeast and north africa and our capacity to sustain economic development in afghanistan and in chicago during the nato meeting we'll spend more time talking about security matters
9:29 am
but here we want to make sure we recognize the needs for the development agenda as we begin moving forward. so again i want to thank all the leaders for being here. so far this has been a frank and useful conversation and it gives me great optimism about our ability to meet these challenges in the future. all right? thank you very much, everybody. >> thank you. >> and you've been listening to just a little bit of the president's remarks there at camp david. you can of course tune in to cnn saturday morning at 10:00 a.m. for complete coverage of president obama's remarks and the g8 summit. but your bottom line starts right now. for months you've heard of the so-called war on women. now with a general election in sight it's a war for women. good morning. i'm christine romans. a stop by "the view." a speech at barnard college. >> we are b

84 Views

info Stream Only

Uploaded by TV Archive on