looks like big smiles from president obama and raul castro. they just wrapped up a formal meeting on the sidelines of the u.n. general assembly. this is their second face-to-face meeting since the u.s. and cuba restored diplomatic relations last year. there s still a lot of work to be done, though. one thing that both are pushing for is an end to the u.s. trade the u.s. trade embargo against cuba. will that happen? that s a very big question. chief national security correspondent jim sciutto is here. jim, a couple things that at least raul castro wants and some shared interest between the president and castro, but is anything big going to come out of it? what do you think? they re definitely not smiling about lifting the trade embargo. it s not going to happen. the president said in his speech yesterday but the fact is you have a lot of republicans on the hill who don t want to lift the embargo and a lot of republicans look at cuba as obama s thing and they re not going to grand hi
a bad feeling we re looking at the same thing. what s the definition of same thank what s the definition of insanity to do the same thing and expect a different result? let s talk about these areas that are closed that i understand you re not allowed to go into those areas. why is that? because bp came in and basically, we was like taking over. i live on a little seven-mile island and bp came in with their own policemen and came with the military and they came in with the coast guard and everybody was working for bp. they would tell was we could go and where we couldn t go. it was like being taken over by a communist country. they tell you can t go there because bp don t want you there. places we went all our life. they took our freedom away from us. is that the way it is right now. it s gotten better but, i mean, it s still the same thing. if you try to go to one of the
plans to cut up to 16,000 jobs. your barbecue grilling will cost a little more over the holiday weekend. meat prices are up more that 5%. disease and drought condition rts blamed for reducing beef and pork production. that s it from cnbc, we re first in business worldwide 37 have a great memorial day weekend. don t just visit new york. visit tripadvisor new york. with millions of reviews, tripadvisor makes any destination better.
thing doesn t work out and something happens over the aquif aquifer? we makemake decisions that will jeopardize our water supply. why would we do that? well, we have the big oil. 210 gallons of oil leaked out of this rig. bp has spent hundreds of millions of dollars trying to convince you, no big deal. forget it. we got this thing right. and forget this image right here. this is the image they don t want you to see. this is the image they don t want you to talk about and they sure as hell don t want it on the news. overall you have to say their advertising campaign has worked. the national media really isn t jumping on it like they should in my opinion. we re going to be on it a lot. i think we re still going to make some dumb decisions down the road when it comes to fossil fuels. we ve completely can t forget this story. as folks down in louisiana are saying now, hey, it s the philosophy of out of sight out
one of the things really helping big business is the republicans understand that getting people riled up, that the tax system needs reform, but doing nothing about it is like an atm that perpetually puts money into campaign coffers. don t solve the problem, just keep drawing attention to it, let the democrats make noise about it and then accuse the democrats of somehow trying to ruin the economy. so we clearly have an archaic and outdated tax system because we haven t done anything in 30 years. is that correct? yes. we have a tax system in america that s very well designed for the middle of the last century. but we live in a different economy today and we need to have fundamental reform of our tax system. i m actually work on a project to design a tax system for the 21st century. i m trying to raise some money to fund the research on it. but we need a tax system that flows from order.