pacific. now my take. the european crisis you have been reading about in the newspapers is worth watching carefully. it has now morphed into something much bigger than a european crisis. it could batter the entire global economy which is pretty fragile anyway. you read a lot about greece. the real problem is italy. you see, greece is a nano state and makes up 2% of the european union s gross domestic problem. italy is one of the seven or eight largest economies in the world. its debts are greater than those of spain, portugal, ireland, and greece combined. it has long been governed in an almost cartoonishly bad manner. italy is too big to fail but may be too big to bail. even germany may not be able to bail it out along with all the other troubled countries. so what can be done? i don t think the leading proposals will work. creating ueuro bonds or gives brussels broader powers to tax and spend. those things won t happen. people oppose it in europe, governments oppose it in
is no proof of that, just questions. but the hearings are exposing inconsistent, sometimes nonexistent explanations from the obama white house. yesterday, we told you about solyndra, a now-bankrupt clean energy company whose default left taxpayers with a half-billion dollar bill. the obama administration approved that loan despite warnings the company s plan didn t add up. congress now investigating whether political support for the president greased the wheels. tonight s example is a company called lightsquared. it was green lighted to build a new broadband internet network despite objections from several government agencies. the pentagon complained the most, warning this new network could undermine satellite-based weapons targeting and other sensitive systems, not to mention your efforts to get driving directions. based on the test results and analysis to date, the lightsquared network would effectively jam vital gps receivers, and to our knowledge thus far, there are no
for moammar gadhafi has spread way down south into this cluster of outposts in the sahara desert. what you see right there, bombs. those are bombs going off at an airport seized by the rebel are s. libyan rebels are taking on hard-line gadhafi loyalists hundreds of miles south of tripoli. this fire fight, you see and hear it, ben wedeman found himself right in the middle of it it. ben is live for us now. as i said, hundreds of miles south of tripoli, way out in this desert, just after 9:00 p.m. local time. ben, before we get to that fire fight, just tell me where you are and tell us why the rebels are there so far into ethe desert. reporter: we re about 450 miles south of tripoli. we re on this air base that just two nights ago was taken over by the rebels. now, the reason why this is important is that we re about let me think in miles 16 miles to the north of sabah, the biggest city in southern libya, a city traditionally very loyal to moammar gadhafi. in fact, rebel c
don t believe me. let your eyes and your ears do the judging. and we must warn you, some of the images you re about to see are quite graphic. for example, remember this? an unarmed man surrounded by troops and executed. [ gunshot ] [ speaking foreign language ]. [ gunshots ] listen to syria s ambassador to the united states explain what s happening. what i am saying is very clear. the government of syria does not approve of this, and we everyone who has who has wrongfully committed a crime will be held accountable. but the video evidence coming out of syria almost daily for six months now suggests otherwise. more troubling images. these of a 13-year-old boy named hamza. his beaten and burned body dumped back at his parents home. this is back in may. in what human rights activists called an act of regime intimidation. now these images from august in houma. shirtless men kneeling and military men kicking and demeaning them. [ speaking foreign language ]. to lis
house. he is inside of the courthouse in winston salem courthouse. and you can see it in the bottom right-hand corner of the screen, but we are expecting john edwards along with the defense attorney to walk in front of a crowd of reporters, and we will bring it to you live as soon as we see it, but i know that my pal, joe johns, has been out there off and on covering the story, and he has literally walked outside of the courtroom. joe, first, talk me through what you have just experienced inside of the courtroom. you saw edwards, himself, in front of the magistrate, and how did he appear and what did he say? did you see his daughter with him as well? i didn t see his daughter. and it is funny, you know, i have covered john edwards for a long time, and i have to tell you that it looked like the exact same john ed warwards not hair out of place. i have known his lawyer for a long time and been around town for about 15 years. he looks like he has aged immensely and has gray ha