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Transcripts For KQED PBS NewsHour 20130125 : vimarsana.com
Transcripts For KQED PBS NewsHour 20130125 : vimarsana.com
KQED PBS NewsHour January 25, 2013
And by contributions to your pbs station from viewers like you. Thank you. Brown the u. S. Military has a new order of the day working up plans for putting women on the front lines. The process was set in motion today at the pentagon. Not everyone is going to be able to be a combat soldier. But everyone is entitled to a chance. Brown with that, defense secretary leon panetta joined by the chair of the joint chiefs of staff, general
Martin Dempsey
announced hes ending a 1994 ban on women in combat roles. As secretary, when ive gone to bethesda to visit wounded warriors, when ive gone to arlington to bury our dead, there is no distinction thats made between the sacrifices of man and women in uniform. They serve, theyre wounded and they die right next to each other. The time has come to recognize that reality. Brown nearly 300,000 women have deployed over the past 11 years in iraq and afghanistan, where the frontlines arent so clearly drawn. And 152 have died there. Todays decision opens up some 230,000 battlefront positions to women, many in army and marine infantry units. Commanders will have to decide whether women will be eligible for elite forces, such as the navy seals and the armys delta force. Let me be clear were not talking about reducing the qualifications for the job if they can meet the qualifications for the job then they should have right to serve, regardless of creed or color or gender or sexual orientation. Brown the move drew wide praise from womens groups and others. But one former member of delta force, now with the conservative
Family Research
Council Called
the move another social experiment. Jerry boykin, said in a statement that commanders will now have the distraction of having to provide some separation of the genders during fast moving and deadly situations. Is it worth placing this burden on small unit leaders . I think not. Panettas announcement followed a house hearing yesterday on
Sexual Misconduct
in the military. A recent study found that in 2012 alone there were some 800 reported incidents. But general dempsey said ending the ban on women in combat will make a difference. When you have one part of the population that is designated as warriors and another that is designated as something else, i think that disparity begins to establish a psychology that in some cases led to that environment. I have to believe the more we can treat people equally, the more likely they are to treat each other equally. Reporter the decision comes nearly two and a half years after the repeal of another ban dont ask, dont tell which barred gays and lesbians from openly serving in the military. Ifill for more on how this came together, and what comes brown still to come on the newshour confirmation hearings for secretary of state nominee john kerry. Chinas growth bubble. And an online fireside chat with
Vice President
biden. But first, the other news of the day. Heres hari sreenivasan. Sreenivasan president obama announced his nominees today to run two key financial regulatory agencies. He tapped
Mary Jo White
to chair the securities and exchange commission. Shes a former federal prosecutor in new york, with a long record of prosecuting financial fraud and other white collar crimes. If confirmed by the senate, i look forward to committing all of my energies to working with my fellow commissioners and the extremely dedicated and talented men and women of the staff of the s. E. C. To fulfill the agencys mission to protect investors, and to ensure the strength, efficiency, and transparency of our capital markets. Sreenivasan the president renominated
Richard Cordray
to lead the
Consumer Financial
protection bureau. The former
Ohio Attorney
general has held that position for the last year, but his temporary appointment will expire in december. We understand that our mission is to stand on the side of consumers our mothers and fathers, sisters and brothers, sons and daughters and see that theyre treated fairly. For more than a year weve been focused on making
Consumer Finance
markets work better for the
American People
. We approach this work with open minds, open ears, and great determination. Sreenivasan the president initially used a recess appointment to put cordray in the job, to get around
Senate Republican
opposition. Senate leaders agreed today on a plan to limit the use of filibusters, at least somewhat. The new limits will reduce how many times filibusters may be used, and restrict the time spent debating bills and nominations. Some democrats wanted to go much further, saying minority republicans have abused the filibuster. Republicans said thats because theyre frequently blocked from trying to amend bills. Millions of americans from the midwest to new england endured another day of bitter temperatures, as an arctic cold wave refused to let go. Hardy skiers in
New Hampshire
braved subzero wind chills that extended from upstate new york to northern new england. And several midwestern states had to shovel out from lake effect snow. Some of the most severely affected were on staten island, new york. People whove had no heat since
Hurricane Sandy
last october spent the night in tents with propane heaters. Britain, the netherlands and germany are warning their citizens to get out of benghazi, libya. The alert today cited an the city. The alert today cited an imminent threat to westerners in the city. There were no specifics, and the u. S. Embassy in libya said it had nothing pointing to threats against americans. The u. S. Ambassador to libya and three other americans died last september when islamist militants attacked the u. S. Consulate in benghazi. North korea declared today it will conduct a
Third Nuclear
test, defying newly expanded u. N. Sanctions. The announcement came two days after the u. N. Security
Council Condemned
the north for a longrange rocket test last month. In response, the norths top governing body the
National Defense
commission issued this statement, on state t. V. translated we do not deny that a variety of satellites and longrange rockets will be launched. One after another and a nuclear test of a higher level which will be carried out by it in the upcoming allout action, and a new phase of the antius struggle that has lasted century after century will target the us, the sworn enemy of the korean people. Sreenivasan there was no word on when or where the next rocket launch, or a nuclear test would take place. In washington, a white house spokesman said the north korean statement was needlessly provocative. In syria, fighting raged around the outskirts of damascus, as rebels pressed to cut a key road from the capital city to its main airport. Government planes and artillery also blasted rebel positions in a suburb to the southwest. Its near a key military air base and government ministries. Meanwhile, president
Bashar Al Assad
was seen publicly for the first time in two weeks. State t. V. Showed him attending a religious ceremony honoring the prophet muhammeds birthday. An american who helped plan the deadly 2008 attacks in mumbai, india has been sentenced to 35 years in federal prison. David headley scouted out the targets for islamist militants from pakistan. The assault killed more than 160 people, including six americans. Headley could have gotten life in prison, but federal prosecutors in chicago asked for a more lenient sentence, citing his cooperation. The
United Nations
opened a special investigation today into drone warfare. It will focus on civilian casualties resulting from strikes aimed at suspected terror cells. Under president obama, the c. I. A. Has stepped up drone attacks, especially in pakistan. Britain and israel also use the unmanned aircraft. The u. N. Report is due in october. In economic news, firsttime claims for
Unemployment Benefits
hit a fiveyear low last week. If that trend continues, it could signal a better job market. And on wall street, the
Dow Jones Industrial
average gained 46 points to close at 13,825. But the nasdaq fell 23 points to close at 3,130. Those are some of the days major stories. Now, back to gwen. Ifill president obamas nominee for secretary of state senator john kerry took the first step toward
Senate Confirmation
today. Newshour
Congressional Correspondent
kwame holman reports. Reporter for john kerry, it was a day long in coming. The diplomats son, veteran senator, and former democratic president ial nominee has been considered a potential secretary of state for years. Youve almost lived your entire life for this moment. Reporter indeed, kerry first appeared before the
Senate Foreign
Relations Committee
in 1971, as a vietnam veteran challenging senators over the war. We cannot fight communism all over the world and i think we should have learnt that lesson by now. Reporter now, the massachusetts democrat chairs the committee, and he warned today that the u. S. Must put its fiscal house in order, to lead in the age of an emerging china and the arab awakening. It is urgent that we show people in the rest of the world that we can get our
Business Done
in an effective and timely way. Every day that goes by where america is uncertain about engaging in that arena or unwilling to put our best foot forward and win, unwilling to demonstrate our resolve to lead is a day in which we weaken our nation itself. Reporter as secretary of state, kerry would face the thorny issue of iran and its nuclear program. He said today he is totally committed to enforcing sanctions. We must resolve the questions surrounding
Irans Nuclear
program. The president has made it definitive; we will do what we must do to prevent iran from obtaining a nuclear weapon. And i repeat here today our policy is not containment. It is prevention. And the clock is ticking on our efforts to secure responsible compliance. Reporter kerry also pointed to the civil war in syria and lamented a missed opportunity. He had met with president
Bashar Al Assad
back in 2009. I remember president assad said to me, i have 500,000 kids who turn 18 every year, and i dont have a place to put them; i dont have jobs for them; i need to be able to change whats happening here. And, you know, clearly, thinking down the road, you know, he wanted to try to find some way to reach out to the west and see if there was some kind of an accommodation. History caught up to us. That never happened. And its now moot because he has made a set of judgments that are inexcusable, that are reprehensible and, i think, is not long for remaining as the head of state in syria. Reporter republican senator john mccain supports the kerry nomination. But he again criticized president obama for not taking stronger action against the assad regime. We are sowing the wind in syria, and were going reap the whirlwind. And that whirlwind will be the increased presence of alqaida and islamist groups, which are now flooding into syria, as you know. And we can do a lot more without putting american boots on the ground, and we can prevent this further slaughter and massacre and inhumanity. Otherwise, we will be judged very, very harshly by history. I have complete understanding of where youre coming from on this and knowing your frustration and know what youre trying to say about it. What i think everybody worries about, john, is that if you have a complete implosion of the state, nobody has clear definition of how you put those pieces back together, number one. And number two, you have a much greater risk with respect to the chemical weapons. Now, thats why i want to get in and see what the contingency plans are because i cant measure risk without having a sense of whats on the table. Reporter kerry also fielded pointed questions about another cabinet nominee former republican senator chuck hagel tapped for secretary of defense. Tennessee republican bob corker voiced concern about hagels support for reducing u. S. Nuclear weapons by 80 . The president has nominated he was part of a group called global zero, and for those of us who care deeply about our
Nuclear Arsenal
and modernization and that type of thing, some of the things that were authored in this report candidly are concerning. I will say this. I know chuck hagel, and i think he is a strong, patriotic former senator, and he will be a strong secretary of defense. Reporter there were no doubts expressed about kerrys own qualifications or his prospects. His confirmation to succeed
Hillary Clinton
at state is considered a virtual formality. Brown and we look at the kerry nomination and
Foreign Policy
challenges hell face, with two men whove served as
National Security
adviser to the president. Zbigniew brzezinski held that position with president carter. Hes now a counselor at the center for strategic and international studies. Stephen hadley served under president george w. Bush. Hes currently a
Senior Adviser
at the
United States
institute of peace. Welcome to both of you. First, zbigniew brzezinski, your thoughts on john kerry as nominee for secretary of state . I think hes an absolutely topnotch choice. Very good. Experienced, solid, energetic with a broad vision and with a strong focus on trying to stabilize those parts of the world that are especially dangerous. I think hes practical, intelligent, well informed. Brown
Stephen Hadley
. Hes in a way spent his whole life preparing for this job and its good he did because he takes in the a very challenging time and i think hes going to have a lot of challenges before him. I think one of them is to prioritize where hes going to put his time. Brown well, you know, he spoke about the economy, getting the economy right first and foremost. He said more than ever
Foreign Policy
is economic policy. Did that sound right to you . I think thats right and i think this is a man whos grown up, really, in the political military side of
Foreign Policy
and
National Security
and i think one of the challenges will be for him to recognize that the economic instrument in trade is really very important. If you look at asia, the coin of the realm in asia is trade and economics and, you know, if were going to have a rebalancing toward asia, it needs to be an economics and trade overwhelmingly. So hes got, i think, a real opportunity to help lead the administration in using all of our instruments for
National Power
influence, particularly economic and trade. Brown what do you think i mean, i know what you think about we talked about this in your last book about the need for economic thinking, i guess, changing the way we think about the world. But do you think that the administration has understood that well . I think obama understands it. I think obama understands that were in a new age. If you will, the 20th century was a century of struggle for hegemony. And that involved direct political contests, military power. We are now in an age in which struggle for hegemony makes no sense, its more whether we can establish enough stability in the world that we can deal with global problems. In that context,
Economic Health
is the point of departure. Its also the point of departure for
Global Support
for the
United States
and respect for the
United States
. Brown when he brings up
Climate Change
though through security, thats what hes talking about . Exactly. But i do suspect as a practical matter hes going to be more preoccupied with potential strategic challenges. In the middle east, first of all and that involves a whole gambit of issues, in our relations with china, potentialfully our relations with russia and the growing problem of how do we structure an
Effective Alliance
with europe. And these the kind of issues that require a lot of patience and intelligence and a good team my last point is i think i now see a single team in the area of
Foreign Affairs
headed by the president. With his new choice for chief domestic advisor who happens to have been in the n. F. C. For the last four years, then with mr. Don len, with mr. Kerry, with mr. Hagel and mr. Brennan, thats a cohesive team. So now weve had two teams, a
White House Team
and the secretary of states team. This is now a single team. I think its going to be focused much more on those needed challenges. Brown well, the team but also the particular challenges its facing because we can talk about the domestic economy but trouble spots are there, we report on them every night. I think the challenge will be i think it is a cohesive team. I think the question is whether more in the second term than the first whether the president and the white house is willing to empower these very capable cabinet officials and let them go out and try to solve some of these problems we have and give them political backing back here at home. Secondly, i think there is a real prioritization issue. I would agree with zbig. Its really the middle east, asia and the economic instrument. I think he needs to focus on that. And third i think the challenge is also relationships between issues that tend to be stove piped. Ill give you a superficial example. If you think youre going to have a confrontation in iran and you dont want to tank the
International Economy
you need to make sure
Martin Dempsey<\/a> announced hes ending a 1994 ban on women in combat roles. As secretary, when ive gone to bethesda to visit wounded warriors, when ive gone to arlington to bury our dead, there is no distinction thats made between the sacrifices of man and women in uniform. They serve, theyre wounded and they die right next to each other. The time has come to recognize that reality. Brown nearly 300,000 women have deployed over the past 11 years in iraq and afghanistan, where the frontlines arent so clearly drawn. And 152 have died there. Todays decision opens up some 230,000 battlefront positions to women, many in army and marine infantry units. Commanders will have to decide whether women will be eligible for elite forces, such as the navy seals and the armys delta force. Let me be clear were not talking about reducing the qualifications for the job if they can meet the qualifications for the job then they should have right to serve, regardless of creed or color or gender or sexual orientation. Brown the move drew wide praise from womens groups and others. But one former member of delta force, now with the conservative
Family Research<\/a>
Council Called<\/a> the move another social experiment. Jerry boykin, said in a statement that commanders will now have the distraction of having to provide some separation of the genders during fast moving and deadly situations. Is it worth placing this burden on small unit leaders . I think not. Panettas announcement followed a house hearing yesterday on
Sexual Misconduct<\/a> in the military. A recent study found that in 2012 alone there were some 800 reported incidents. But general dempsey said ending the ban on women in combat will make a difference. When you have one part of the population that is designated as warriors and another that is designated as something else, i think that disparity begins to establish a psychology that in some cases led to that environment. I have to believe the more we can treat people equally, the more likely they are to treat each other equally. Reporter the decision comes nearly two and a half years after the repeal of another ban dont ask, dont tell which barred gays and lesbians from openly serving in the military. Ifill for more on how this came together, and what comes brown still to come on the newshour confirmation hearings for secretary of state nominee john kerry. Chinas growth bubble. And an online fireside chat with
Vice President<\/a> biden. But first, the other news of the day. Heres hari sreenivasan. Sreenivasan president obama announced his nominees today to run two key financial regulatory agencies. He tapped
Mary Jo White<\/a> to chair the securities and exchange commission. Shes a former federal prosecutor in new york, with a long record of prosecuting financial fraud and other white collar crimes. If confirmed by the senate, i look forward to committing all of my energies to working with my fellow commissioners and the extremely dedicated and talented men and women of the staff of the s. E. C. To fulfill the agencys mission to protect investors, and to ensure the strength, efficiency, and transparency of our capital markets. Sreenivasan the president renominated
Richard Cordray<\/a> to lead the
Consumer Financial<\/a> protection bureau. The former
Ohio Attorney<\/a> general has held that position for the last year, but his temporary appointment will expire in december. We understand that our mission is to stand on the side of consumers our mothers and fathers, sisters and brothers, sons and daughters and see that theyre treated fairly. For more than a year weve been focused on making
Consumer Finance<\/a> markets work better for the
American People<\/a>. We approach this work with open minds, open ears, and great determination. Sreenivasan the president initially used a recess appointment to put cordray in the job, to get around
Senate Republican<\/a> opposition. Senate leaders agreed today on a plan to limit the use of filibusters, at least somewhat. The new limits will reduce how many times filibusters may be used, and restrict the time spent debating bills and nominations. Some democrats wanted to go much further, saying minority republicans have abused the filibuster. Republicans said thats because theyre frequently blocked from trying to amend bills. Millions of americans from the midwest to new england endured another day of bitter temperatures, as an arctic cold wave refused to let go. Hardy skiers in
New Hampshire<\/a> braved subzero wind chills that extended from upstate new york to northern new england. And several midwestern states had to shovel out from lake effect snow. Some of the most severely affected were on staten island, new york. People whove had no heat since
Hurricane Sandy<\/a> last october spent the night in tents with propane heaters. Britain, the netherlands and germany are warning their citizens to get out of benghazi, libya. The alert today cited an the city. The alert today cited an imminent threat to westerners in the city. There were no specifics, and the u. S. Embassy in libya said it had nothing pointing to threats against americans. The u. S. Ambassador to libya and three other americans died last september when islamist militants attacked the u. S. Consulate in benghazi. North korea declared today it will conduct a
Third Nuclear<\/a> test, defying newly expanded u. N. Sanctions. The announcement came two days after the u. N. Security
Council Condemned<\/a> the north for a longrange rocket test last month. In response, the norths top governing body the
National Defense<\/a> commission issued this statement, on state t. V. translated we do not deny that a variety of satellites and longrange rockets will be launched. One after another and a nuclear test of a higher level which will be carried out by it in the upcoming allout action, and a new phase of the antius struggle that has lasted century after century will target the us, the sworn enemy of the korean people. Sreenivasan there was no word on when or where the next rocket launch, or a nuclear test would take place. In washington, a white house spokesman said the north korean statement was needlessly provocative. In syria, fighting raged around the outskirts of damascus, as rebels pressed to cut a key road from the capital city to its main airport. Government planes and artillery also blasted rebel positions in a suburb to the southwest. Its near a key military air base and government ministries. Meanwhile, president
Bashar Al Assad<\/a> was seen publicly for the first time in two weeks. State t. V. Showed him attending a religious ceremony honoring the prophet muhammeds birthday. An american who helped plan the deadly 2008 attacks in mumbai, india has been sentenced to 35 years in federal prison. David headley scouted out the targets for islamist militants from pakistan. The assault killed more than 160 people, including six americans. Headley could have gotten life in prison, but federal prosecutors in chicago asked for a more lenient sentence, citing his cooperation. The
United Nations<\/a> opened a special investigation today into drone warfare. It will focus on civilian casualties resulting from strikes aimed at suspected terror cells. Under president obama, the c. I. A. Has stepped up drone attacks, especially in pakistan. Britain and israel also use the unmanned aircraft. The u. N. Report is due in october. In economic news, firsttime claims for
Unemployment Benefits<\/a> hit a fiveyear low last week. If that trend continues, it could signal a better job market. And on wall street, the
Dow Jones Industrial<\/a> average gained 46 points to close at 13,825. But the nasdaq fell 23 points to close at 3,130. Those are some of the days major stories. Now, back to gwen. Ifill president obamas nominee for secretary of state senator john kerry took the first step toward
Senate Confirmation<\/a> today. Newshour
Congressional Correspondent<\/a> kwame holman reports. Reporter for john kerry, it was a day long in coming. The diplomats son, veteran senator, and former democratic president ial nominee has been considered a potential secretary of state for years. Youve almost lived your entire life for this moment. Reporter indeed, kerry first appeared before the
Senate Foreign<\/a>
Relations Committee<\/a> in 1971, as a vietnam veteran challenging senators over the war. We cannot fight communism all over the world and i think we should have learnt that lesson by now. Reporter now, the massachusetts democrat chairs the committee, and he warned today that the u. S. Must put its fiscal house in order, to lead in the age of an emerging china and the arab awakening. It is urgent that we show people in the rest of the world that we can get our
Business Done<\/a> in an effective and timely way. Every day that goes by where america is uncertain about engaging in that arena or unwilling to put our best foot forward and win, unwilling to demonstrate our resolve to lead is a day in which we weaken our nation itself. Reporter as secretary of state, kerry would face the thorny issue of iran and its nuclear program. He said today he is totally committed to enforcing sanctions. We must resolve the questions surrounding
Irans Nuclear<\/a> program. The president has made it definitive; we will do what we must do to prevent iran from obtaining a nuclear weapon. And i repeat here today our policy is not containment. It is prevention. And the clock is ticking on our efforts to secure responsible compliance. Reporter kerry also pointed to the civil war in syria and lamented a missed opportunity. He had met with president
Bashar Al Assad<\/a> back in 2009. I remember president assad said to me, i have 500,000 kids who turn 18 every year, and i dont have a place to put them; i dont have jobs for them; i need to be able to change whats happening here. And, you know, clearly, thinking down the road, you know, he wanted to try to find some way to reach out to the west and see if there was some kind of an accommodation. History caught up to us. That never happened. And its now moot because he has made a set of judgments that are inexcusable, that are reprehensible and, i think, is not long for remaining as the head of state in syria. Reporter republican senator john mccain supports the kerry nomination. But he again criticized president obama for not taking stronger action against the assad regime. We are sowing the wind in syria, and were going reap the whirlwind. And that whirlwind will be the increased presence of alqaida and islamist groups, which are now flooding into syria, as you know. And we can do a lot more without putting american boots on the ground, and we can prevent this further slaughter and massacre and inhumanity. Otherwise, we will be judged very, very harshly by history. I have complete understanding of where youre coming from on this and knowing your frustration and know what youre trying to say about it. What i think everybody worries about, john, is that if you have a complete implosion of the state, nobody has clear definition of how you put those pieces back together, number one. And number two, you have a much greater risk with respect to the chemical weapons. Now, thats why i want to get in and see what the contingency plans are because i cant measure risk without having a sense of whats on the table. Reporter kerry also fielded pointed questions about another cabinet nominee former republican senator chuck hagel tapped for secretary of defense. Tennessee republican bob corker voiced concern about hagels support for reducing u. S. Nuclear weapons by 80 . The president has nominated he was part of a group called global zero, and for those of us who care deeply about our
Nuclear Arsenal<\/a> and modernization and that type of thing, some of the things that were authored in this report candidly are concerning. I will say this. I know chuck hagel, and i think he is a strong, patriotic former senator, and he will be a strong secretary of defense. Reporter there were no doubts expressed about kerrys own qualifications or his prospects. His confirmation to succeed
Hillary Clinton<\/a> at state is considered a virtual formality. Brown and we look at the kerry nomination and
Foreign Policy<\/a> challenges hell face, with two men whove served as
National Security<\/a> adviser to the president. Zbigniew brzezinski held that position with president carter. Hes now a counselor at the center for strategic and international studies. Stephen hadley served under president george w. Bush. Hes currently a
Senior Adviser<\/a> at the
United States<\/a> institute of peace. Welcome to both of you. First, zbigniew brzezinski, your thoughts on john kerry as nominee for secretary of state . I think hes an absolutely topnotch choice. Very good. Experienced, solid, energetic with a broad vision and with a strong focus on trying to stabilize those parts of the world that are especially dangerous. I think hes practical, intelligent, well informed. Brown
Stephen Hadley<\/a> . Hes in a way spent his whole life preparing for this job and its good he did because he takes in the a very challenging time and i think hes going to have a lot of challenges before him. I think one of them is to prioritize where hes going to put his time. Brown well, you know, he spoke about the economy, getting the economy right first and foremost. He said more than ever
Foreign Policy<\/a> is economic policy. Did that sound right to you . I think thats right and i think this is a man whos grown up, really, in the political military side of
Foreign Policy<\/a> and
National Security<\/a> and i think one of the challenges will be for him to recognize that the economic instrument in trade is really very important. If you look at asia, the coin of the realm in asia is trade and economics and, you know, if were going to have a rebalancing toward asia, it needs to be an economics and trade overwhelmingly. So hes got, i think, a real opportunity to help lead the administration in using all of our instruments for
National Power<\/a> influence, particularly economic and trade. Brown what do you think i mean, i know what you think about we talked about this in your last book about the need for economic thinking, i guess, changing the way we think about the world. But do you think that the administration has understood that well . I think obama understands it. I think obama understands that were in a new age. If you will, the 20th century was a century of struggle for hegemony. And that involved direct political contests, military power. We are now in an age in which struggle for hegemony makes no sense, its more whether we can establish enough stability in the world that we can deal with global problems. In that context,
Economic Health<\/a> is the point of departure. Its also the point of departure for
Global Support<\/a> for the
United States<\/a> and respect for the
United States<\/a>. Brown when he brings up
Climate Change<\/a> though through security, thats what hes talking about . Exactly. But i do suspect as a practical matter hes going to be more preoccupied with potential strategic challenges. In the middle east, first of all and that involves a whole gambit of issues, in our relations with china, potentialfully our relations with russia and the growing problem of how do we structure an
Effective Alliance<\/a> with europe. And these the kind of issues that require a lot of patience and intelligence and a good team my last point is i think i now see a single team in the area of
Foreign Affairs<\/a> headed by the president. With his new choice for chief domestic advisor who happens to have been in the n. F. C. For the last four years, then with mr. Don len, with mr. Kerry, with mr. Hagel and mr. Brennan, thats a cohesive team. So now weve had two teams, a
White House Team<\/a> and the secretary of states team. This is now a single team. I think its going to be focused much more on those needed challenges. Brown well, the team but also the particular challenges its facing because we can talk about the domestic economy but trouble spots are there, we report on them every night. I think the challenge will be i think it is a cohesive team. I think the question is whether more in the second term than the first whether the president and the white house is willing to empower these very capable cabinet officials and let them go out and try to solve some of these problems we have and give them political backing back here at home. Secondly, i think there is a real prioritization issue. I would agree with zbig. Its really the middle east, asia and the economic instrument. I think he needs to focus on that. And third i think the challenge is also relationships between issues that tend to be stove piped. Ill give you a superficial example. If you think youre going to have a confrontation in iran and you dont want to tank the
International Economy<\/a> you need to make sure
Oil Production<\/a> stays up which requires that oil coming out of iraq to come out of iraq. Which means you ought to
Pay Attention<\/a> to syria because if this struggle in syria goes on it risks destabilizing its neighboring countries, including iraq, which could interrupt the oil flows, which could make it difficult to deal with iran. They need to see the relationship between these crises that theyre managing and trying to put in place policies that will shape the future, not simply to respond. Brown are you saying that suggesting theyre not doing the relationships and did you hear that in senator kerry talking about iran . I think its a challenge for any
National Security<\/a> advisor. I think zbig would agree with that. It was a challenge in the baigs. I always think it is a challenge because these things tend to come at you as individual challenges and individual crises and stepping back, seeing the relationships and having policies that reflect those relationships is one of the real challenges. Brown what did you hear particularly today on iran and syria . Nothing especially new except recognition of the fact that these are terribly complex problems which cannot be resolved quickly nor by the use of force alone. And there was a news item tonight which you had here earlier which is very significant korea. You had an item on how threatening it has become. But not much has been said about the fact that just yesterday a resolution of the u. N. Security
Council Critical<\/a> of north korea with the support of china and russia passed. Thats unprecedented. We have to think of the same kind of an approach to syria. If we can get the russians and chinese in were much more likely to come out without the region exploding. The same is true in the longer run of iran. So these are the kind of things which are innernt the complexity of the new age were in. Its not an age in which you struggle and break through with force. You have to manage a lot of resources and a lot of priorities. Brown let me ask you both in our last couple minutes here, im thinking about the inauguration speech a few days ago. Not a lot of talk about
Foreign Policy<\/a>. There has been talk about rebalancing after two long wars, focusing on rebuilding the
United States<\/a>. Is there,
Stephen Hadley<\/a> starting with you i dont know, do you fear that we might pull back from the disengage too much . I think we already have. I think you see hit in the middle east. Theres a phrase a decade of war is coming to an end. If you look at whats happening in the middle east its not true. Whats coming to an end is our involvement from a military standpoint in the middle east. If were not going to be involved militarily in the middle east we still have interest there. And so the challenge is how are we going to protect those interests and advance those interests in a different way. I think thats one of the real challenges for this next team. Brown what do you think . I would agree, i would agree with what steve said. In terms of the middle east, however, i would say this. Well have one more chance. I believe that. One more chance to make an effort to break through between the israelis and the palestinians but if we can only do it if were engaged and we have all of the major parties in the world engaged in our side and then if there is an agreement perhaps detach this signing of the agreement, the conclusion of the agreement from its implementation that by gaining times for the parties and both sides palestinians and israelis to deal with their own internal dissidents. Brown it doesnt otherwise feel like theres another chance but you think there is . Well, if there isnt then its the end of the road for peace and the prospects both for the israelis and the palestinians are extremely grim. Brown all right, well, thats a bad note to end on, i guess, but well look for the next four years. Zbigniew brzezinski,
Stephen Hadley<\/a>, thank you both very much. Ifill and we return to the decision to lift the ban on women in the military. For more on how this came together, and what comes next, we turn to colonel ellen haring, who was in the army nearly 30 years when she filed suit against the
Defense Department<\/a> after being denied the opportunity to deploy to afghanistan. And wade zirkle he served two tours in iraq as an infantry officer in the marine corps, and earned a purple heart. I guess ill ask both of you starting with you colonel haring, what is good and what is bad about this change . Well, i think pretty everything is good about the change. It opens a vast number of opportunities to women across the military. But i think this is a win for not only women but also our military and really the country broadly. Ifill id ask wade zirkle the same question. Sure, gwen. I think this is generally good. I think your viewers need to understand that this is is merely the lifting of a ban and the
Service Chiefs<\/a> need to decide how its going to be implemented. So there still will be some occupational specialties that will be restricted from women. So i think generally its good. Its good for women, its good for the military, its good for our country. Although there are a lot of questions as to how theyll be implemented. Ifill lets walk through these starting with you kohl they will haring. Today at the pentagon when secretary panetta and general democracy were asked about this reporters said that they noted both of them mentioned a unnecessary gender barriers would be removed and the reporter asked what are the necessary gender barriers . So let me ask you that . I dont see any necessary gender barriers. And im not sure what that was in reference to. Ifill well, there are questions that have been raised about womens ability to perform in combat situations and you say there are no barriers to that . Well, if we establish one standard for all there is no barrier. Its whoever can meet that standard. And im assuming youre talking about physical standards. Ifill yes, thats the question thats been raised. Yes, right. And ive heard the secretary say that go ahead. Ifill finish, colonel haring and then im come to you mr. Zirkle. What i heard the secretary say is were going to establish one physical standard, men or women regardless, whoever meets that physical standard can be in those occupational specialties. Ifill wade zirkle . Sure, first i think its important to look at what the combat arms are. Combat arms generally are in three categories, you have artillery, you have armor and you have infantry. I think with artillery and armor i think women can very ably serve physically. In the infantry, especially light infantry i think there are real questions about the physical strength and the way women and men are built, the physical strength of whether women can carry out those rolls. One very common drill we did in the infantry was called the firemans carry which means you walk up to a marine thats lying on the ground and hes pro tending to play dead and completely limp and you need to hoist that marine up on your shoulders and then lift him up and carry him for over 100 yards and im 2525 pounds and there are marines a lot bigger than i am and i think thats a the way women are built thats a very one of several tests that are very, very difficult to do and are very relevant tests for what happened in combat. Ifill ellen haring, do you want to respond to that . Well, i would be surprised to see that every infantryman could carry a 220 pound man. But it goes back to the within standard. If a man or a woman can meet that standard, if the standard is a 220 pound man than every man just like every woman should meet that standard. Im not sure that thats an existing standard. I keep hearing that as this is the measure of our fitness but i suspect there are many men in the infantry that could not hoist a 220 pound man and carry him a hundred yards so i dont know that thats been a standard well, maam, i invite you to come to infantry training and see it. I mean, it happens. I would also say, just to remove that test and talk about real operational constraints, an infantrymans gear head to toe is about 90 pounds, thats not including his pack which is about 50 additional pounds and thats not even including if hes part of a weapons unit or mortar unit which is even more weight. Were talking over 150 pounds that you might have to hump for dozens of miles over mountains over courses of days. These brutal physical constraints that are put on anybody but women and men are built differently. Ifill let me step back for a moment based on todays announcement some version of this is going to happen. I want to ask ellen haring about this. Does the way we practice war, has it changed to who the warriors can be . That is, this idea of front lines and combat do they still exist in the same way when this was first considered to be a wise way to decide who does what job . Well, i think thats one of the reasons that the combat exclusion policy is being lifted today so designated some areas as safe and other areas as unsafe is not the reality of what weve seen in the past ten years. So women have found themselves living, fighting, and dying with their male counterparts. So i think were adjusting to meet the realities that we see today. Ifill wayne zirkle, a member of congress, tammy duckworth, who lost two legs in combat, she said you look at my legs, i didnt lose them going door to door. So she was trying to make the point that weve already passed that point. In fact, thats another point general dempsey made today, that the idea of women in combat is a real thats been settled. Is that something you disagree with . Well, i think going back to the colonels last point, what weve seen is a counterinsurgency where there are no frontlines. What weve seen the last ten years is not necessarily what were going to see in the next 50 years. If and when we fight the
North Koreans<\/a> or the chinese or any number of adversaries there will be wars where we have front lines that have rear echelon and the question is do we want women serving in those very front light infantry roles . And if so, just an example here, when a man joins the marine corps, the marine corps sends him to be a cook or separator or supply clerk or infantryman. Its not always that
Young Marines<\/a> decision. Does that mean a woman that joins the army will be made to serve in the infantry whether she wants to or not . Ifill i do want to ask colonel haring that question which is this idea of if a woman chooses not to be part of the infantry, doesnt want to be at the tip of the spear, does this make it impossible for her not to do that . No, absolutely not. We have a volunteer military and you volunteer for these specialties that youre interested in. So a woman would volunteer for the infantry or theyd volunteer for whatever specialty theyre interested in. Thats not ifill let her finish. But you dont always get what you want. A lot of times youre sent to a specialty you didnt want. Ifill pardon me, mr. Zirkle, we dont have a lot of time. Please let ms. Haring finish. Go ahead, colonel. Actually i think i was finished. Ifill okay. We volunteer for the positions that we eventually serve in. Now, thats true that you cant induct by volunteer to be a linguist. I could end up in fact, i talked to a woman today who was an arab linguist, she actually accompanied the invasion force into iraq, her skills, which was her arab language skills, were vitally important to the infantry she served with there in iraq and of course she did not anticipate being embedded but she was very proud of that service and shes now a strong advocate for the repeal of this ban. Ifill wade zirkle, a final word. I would just ask this question would the colonel support women being part of the draft and if so would she support any ablebodied able aged woman being sent to the front lines by law in a compulsory manner to serve as a infantry woman . Ifill you have a few seconds to answer . I dont know how this is going to effect the
Selective Service<\/a> but i do think that with full rights comes full responsibilities. Ifill colonel ellen haring and wade zirkle founder of vets for freedom, thank you very much. Brown next, trying to make sense of chinas economy. A top chinese official told leaders at the
Davos World Economic Forum<\/a> in switzerland this week the country is expecting faster growth this year. If anything, he said, chinas trying to stop the economy from overheating too quickly. But some are asking whether chinas highflying growth may be built on questionable assumptions. Newshour economics correspondent paul solman has our look as, yes, part of his ongoing reporting making sense of financial news. Reporter china the juggernaut thats driving a
World Economic<\/a> recovery . Or a classic bubble about to burst, taking us all down with it . The evidence is dramatic, on both sides. On the one hand, breakneck urbanization building ten new york sized cities by 2025. On the other hand, ghost towns, empty housing developments. Recent headlines report that chinese exports are back on track. But, they also feature corruption, the riches of the politically pluggedin, stunning inequality. Yes, wages are rising; a middle class, burgeoning wealth everywhere apparent. But, mounting protests against unlivable wages and working conditions. In our 2005 china on the rise series we documented a shanghai tower taller than the empire state building. But, last year, chinas broad group, erected a 30story energyefficient hotel in 15 days and now intends to put up j220, a 220story tower more than half a mile high, ten feet taller than dubais burj khalifa. While the burj took tom cruise just moments to scale, it took five years to build. J220 is slated to rise, toe to tip, in 90 days. Sure evidence of a china the worlds tallest tower was in kuala lumpur, not far from reporter well, this expert wouldnt. To former investment banker and hedge fund operative vikram mansharamani, author of a book on financial bubbles called boombustology, the edifice complex is a sign of a market top from which the only direction is down. In 1997 the worlds tallest tower was in kuala lumpur, not far from the base of the
Asian Financial<\/a> crisis. In 1999 the worlds tallest tower status moved to taipei, the home of the tech boom, at least in a hardware sense and finally, by 2007 the worlds tallest tower status moved from asia to the middle east where the burj dubai within weeks of
Global Equity<\/a> markets peaking. Reporter and going further back, this building, 40 wall street, was being topped off as the worlds tallest in 1929, when just blocks away, the
New York Stock Exchange<\/a> crashed. Mansharamani took us to the
Exchange Floor<\/a> for another sign of a china bubble the stock price of art auctioneer sothebys, which, he has found, also tends to peak just before a bubble pops. In 1989, when sothebys stock hit a new high, it was world record art prices paid by japanese buyers that set that stock on fire. Reporter two months later, japans nikkei index hit its peak nearly 40,000. Today, it slouches at around 10,000. As for sothebys. In 1999, the stock again hit a new high, this time the buying pressure was coming from those who had generated wealth through the technology, media and telecom sector. Reporter wealth that popped when the tech bubble burst in 2000. Stock hit a new high in may of 2007, this time world record art prices being set by buyers from emerging markets, hedge fund billionaires, private equity billionaires, beneficiaries of easy money. Reporter the
Great Recession<\/a> hit six months later. Sothebys sank, but its up again, thanks to a new group of buyers. The chinese are now driving the art market. And yet. We see empty malls, empty ghost cities, excess real estate, millions, and millions of units empty. Reporter well, yes. But what about the explosion in g. D. P. So in china we have examples of g. D. P. Creation that does not generate
Economic Activity<\/a> of value. Reporter like what . So weve got an example of a sevenyearold bridge with a 40 year use of life blown up and rebuilt. Why . Because you generate g. D. P. Credit for the explosives that you purchased, the construction crew that comes in to clean up and the construction crew that builds the new bridge, the new steel, the new cement. Reporter mansharamani now teaches his brand of bubbleology at yale. Do his students buy his china story . There is a bubble so thats reporter consider the coming catastrophe of the onechild policy. The
Social Security<\/a> programs and how the government is sort of going to fund this aging population. Reporter of course, not everyone at yale believes that chinas headed for a fall. If youre looking for a crash landing in china, a slowdown that really puts the economy and its supply chain through the windshield. Its not going to happen. Reporter steven roach, longtime economist for the
Morgan Stanley<\/a> investment bank, spent ten years in china. He teaches several courses on the chinese economy at yale. Look, china is a high growth and the fast pace focused on exports and investment deliver beyond anyones wildest expectations including the chinese. Reporter but a slowdown doesnt sound the death knell for growth, says roach, just a very deliberate shifting of the gears. Look at the latest fiveyear plan, enacted in 2011. Its redirecting the mix of
Economic Growth<\/a> away from investment and exports towards more of a consumerled model. They dont have the
Services Based<\/a> infrastructure that you need for a modern balanced thriving consumer culture. Their industries such as wholesale trade, retail trade, domestic transportation, supply chain logistics, even leisure and hospitality are tiny compared to what the footprint should be in an economy the size and scale of china. Reporter what about the ghost towns that you see in china now . Basically a myth. When you have urban populations expanding at the rate they are in china with rural urban migration averaging 15 to 20
Million People<\/a> a year since 1990 you have to build in anticipation of the influx. Its the field of dreams approach and if you just wait until the workers move there youll have an urban underclass teaming with social unrest. Reporter because, theyll have no place to live . Exactly. Reporter what if you build it, the workers come, but consumerled growth doesnt materialize quickly enough . Have we built an extra three years of demand for properties in shanghai such that for the following three years we wont have any needed new construction . What if we get to ten years of excess years of capacity . If the economy doesnt continue to grow and you need to continue to build excess capacity to keep the economy growing. Well now, weve got a bigger problem on our hands. Reporter in fact, it all reminds mansharamani of the last great asian bubble japan. Thats our stretch of a segue to the tables down at morys and a whiff of the whiffenpoofs, yales famed a capella singing group. The professor had invited us to dinner with three of his former students. Jared middleman and
Zachary Graham<\/a> buy into the china bubble hypothesis. Rhodes scholardesignate cate laporteoshiro does not. I think that while they have a lot of pressure stacked against them, declining labor force, overinvestment, corruptions, scandals, at the same time theyve done fairly well dealing with a lot of different problems at one time. I thought we learned through the example of the soviet union that
Central Planning<\/a> is good at mobilizing resources but is not good at sustaining innovation, not good at sustaining incentives for real long term growth. Reporter and yet, given all the trillions the country has amassed over the past few decades, it may have a soft landing, while its the rest of the world that will suffer. Suppliers to the things that are going into the building of stuff, whether they be in the form of cement, or steel, or zinc, whether its coming from australia, south africa, or that whole system that has been feeding this investment beast will be found to have massive overcapacity. So if they succeed and avoid a bubble bursting and reorient their economy from export led investment driven growth into sort of outgrowing middle
Class Consumer<\/a> economy, then they can be totally fine and the rest of the world can still suffer. As weird as that sounds, i actually think the pain will be felt outside. Reporter china sneezes and the rest of the world catches a cold. Not a pleasant prospect, especially this fluridden winter. Brown finally tonight, lawmakers in washington and in some states are making swift moves on gun control measures and
Vice President<\/a> biden is finding some new routes to talk up the issue. Hari is back with our look. Sreenivasan just eight days after president obama unveiled a sweeping proposal to address gun violence,
Senate Democrats<\/a> put forward a plan of their own that would renew a ban on assault weapons. The measure was introduced by california democrat dianne feinstein, who led the effort to pass the first ban in 1994. That legislation expired a decade later, and feinstein said it was past time to take action. We have done our best to craft a responsible bill to ban these assault weapons. Guns that are designed for military use bought all over this country and often used for mass murder. Sreenivasan feinsteins proposal would ban the sale, transportation, importation or manufacturing of more than 150 specifically named firearms as well as certain semiautomatic rifles, handguns and shotguns; limit ammunition magazines to ten rounds; grandfather weapons legally owned on the date of enactment and, exempt over 900 weapons used for hunting or sporting activity. In response, the
National Rifle<\/a> association released a statement that said, the
American People<\/a> know gun bans do not work and we are confident congress will reject senator feinsteins wrongheaded approach. The effort faces long odds in the republicancontrolled house, and in the senate, where some democrats do not support expanded gun control. Feinstein acknowledged it would be a tough sell despite 20 children and six adults being killed in the december mass shooting at a school in newtown, connecticut. This is really an uphill road. If anyone asked today, can you win this . The answer is, we dont know. Its so uphill. Sreenivasan
Vice President<\/a> biden, who led the obama administrations task force examining gun violence, spent weeks meeting with more than 200 stakeholders after the newtown shootings. Mr. Vice president , welcome to google plus. Sreenivasan this afternoon, the
Vice President<\/a> joined me and four others from across the country in a conversation on gun policy in a google hangout. Assault weapons were at the top of the discussion. One of reason why the assault weapons ban makes sense even though it accounts for a small percentage of the murders or those who die as the consequence of a weapon every year is because
Police Organizations<\/a> overwhelmingly support it because they get outgunned. They are outgunned on the street by the bad guys and the proliferation of these weapons. When in fact there were fewer police being murdered, fewer being outgunned when the assault weapons ban was in existence. Sreenivasan there have been several people online are asking about the fact that you are a gun owner, you own two shotguns. Whats your interpretation of the
Second Amendment<\/a> . My interpretation is it is an individual right. Individual right to own a weapon both for recreation for hunting and also for your self protection. You have an individual right to do that. But just as you dont have an individual right to buy an f15 if youre a billionaire with ordinance on it, just like you dont have the right to buy an m1 tank, just like you dont have the right to buy an automatic weapon, those judgements have been made that there are no societal, reasonable societal justification or constitutional justification for owning them. Sreenivasan and phil defranco, who hosts a
Popular Online<\/a> show with millions of viewers, pressed the
Vice President<\/a> over the administrations proposal to limit the number of rounds in a magazine. The gunman in connecticut fire 150 rounds, meaning that he had to swap out his 30 round magazines four times. With how fast you can swap out a magazine do you think limiting magazine size to ten will have impact . Well, lets assume and by the way, your facts are correct about 30. He had some 30 shells. He had to swap out four or five times. If it was ten shells in there he would have had to swap out 30 times, or he would have had to swap out 25 times. And so what would happen is the
Response Time<\/a> in fact may have saved one kids life. Maybe one more kid would be alive. Let me give you an example. In the case of
Gabby Gifford<\/a> when the guy had to swap out a new magazine he fumbled and he was able and an older woman reached up and grabbed his hand. All of them wouldve been dead had he not had to change that magazine, had there been 30 or 40 clips. Same way with aurora. A guy had 100 shells in the magazine. Fortunately it jammed. It jammed enough that it gave time for folks to get there and in fact save lives. Sreenivasan back in connecticut this morning, the first meeting of the
Sandy Hook Advisory Commission<\/a> took place. Connecticuts democratic governor, dannel malloy, has tasked the panel with making recommendations on school safety,
Mental Health<\/a> and gun violence prevention. We need to develop a common sense way to regulate access to guns. We need to make sure that our
Mental Health<\/a> professionals have access to resources and information they need to get treatment to those who need it. We must make sure the public has better information about what to do when they suspect someone might be battling mental illness. Sreenivasan still, most of the focus is likely to remain at the
National Level<\/a> in the coming weeks, with the president expected to address the issue of gun violence in his state of the
Union Address<\/a> on february 12. So, where does the fight stand in congress . And how does the
Administration Plan<\/a> to move its agenda forward . Joining me now is newshour
Political Editor<\/a> christina bellantoni. So if this is such an uphill climb, why do this now . If its motivating the oppositions base, its fueling the n. R. A. With new funding, new membership, why do the democrats want to take this on . Well, in part because they do want to actually see action, but what you saw with senator feinstein acknowledging what an uphill battle it is, you start to wonder, the administrations own push with some executive action, with a lot of things that they can do behind the scenes, theyre doing this twofold and congress is acting outside of what the administration wishes. So its two real tracks and its no accident the
Vice President<\/a> is going to virginia tomorrow to take this show on the road a little bit with a round table discussion, hes going to have different lawmakers there. This is the site the state where
Virginia Tech<\/a> happened, the
School Shooting<\/a> there, very tragic, and hes trying to sort of capitalize on a lot of that energy the same way theyre doing on newtown to motivate people to action. From a political perspective in
Congress Democrats<\/a> raised pacs, as well. Gabrielle giffords aims to raise 20 million for the 2014 midterm elections. The n. R. A. Is obviously, as you mentioned, going to be adding to their membership, getting more fund raising so this is a battle and a place where they can take out intense positions. Sreenivasan how about putting this in terms of perspective in terms of 2014, 2016 . Even the
Vice President<\/a> why he decided to come out on good deal but is on almost a road tour. He seems to be campaigning for both gun rights and gun control or sun safety as well as maybe for himself. Well, the president ial race, of course, we just inaugurated president obama for his second term. Weve seen action shifts to the states. You have democratic governors making moves on this. Andrew cuomo in new york is taking the lead. He could run for president. The
Vice President<\/a> is not making it secret that he could be running for president as well so hes the front man on this major issue that the president will be talking about. So none of this is without politics in mind. The money does matter, the momentum on this matters when youre talking to different families affected by it. Thats an issue they want to use for political gain. Brown . Sreenivasan what about the other measures . This is just the assault weapons ban but there seems to be more consensus on background checks. Why not take that strategic approach and get as much as you can passed as soon as you can . I the white house says thats what theyre trying to do. They want to work in tandem with republicans who are pushing
Mental Health<\/a> funding who can look at that issue but even the n. R. A. Did a survey of its ownmens and theyre saying we dont support universal background checks or this registration nationally. Sreenivasan christina bellantoni, our politics ed tord thank you so much. On our home page you can watch the entire hangout and contribute to the conversation by adding your comments. Ifill again, the major developments of the day defense secretary leon panetta formally announced an end to the ban on women serving in combat, and he said it will make the u. S. Military stronger. Senator john kerry sailed through his confirmation hearing to be secretary of state. And north korea announced it will conduct another nuclear test, in defiance of newly expanded u. N. Sanctions. Brown online the first of ray suarezs dispatches from the annual
World Economic<\/a> forum. Ray is in switzerland along with 44 heads of state, business leaders, cultural figures and others. His column davos, day one is about the panel he moderated on doing business in africa. And we have the second installment in our series on comedy and economics. Thats on the making sense page. All that and more is on our website newshour. Pbs. Org. Ifill and thats the newshour for tonight. Im gwen ifill. Brown and im jeffrey brown. Well see you online and again here tomorrow evening. With mark shields and david brooks among others. Thank you and good night. Major funding for the pbs newshour has been provided by and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. And with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Captioning sponsored by
Macneil Lehrer<\/a> productions captioned by
Media Access Group<\/a> at wgbh access. Wgbh. Org captioning sponsored by wpbt this is n. B. R. Susie good evening everyone. Im susie gharib. From windows 8 to the surface tablet, a lot was riding on microsofts latest earnings, the
Software Giant<\/a> delivers, but just barely. Tom im tom hudson. Investors take a 63 bite out of apple stock. Chomping almost 12 off its price, thanks to the lack of blockbuster financial results. Susie and the former vice chairman of the federal reserve, talks with us about the debt crisis, the economy and the fed. Alan blinder joins us. Tom that and more tonight on n. B. R. susie just a single cent higher. Earnings from
Software Giant<\/a> microsoft were only a penny more than what analysts were expecting. Microsoft shares slipped as much as 2 on the news in after hours trading. Here are the numbers microsoft earned 0. 76 a share, down 3. 7 from a year ago. Revenues rose more than 2. 5 to 21. 5 billion, but also below expectations. The results mark the
First Quarter<\/a> to include sales of microsofts new windows 8 operating system, and its tablet computer, the ur","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia801303.us.archive.org\/25\/items\/KQED_20130125_020000_PBS_NewsHour\/KQED_20130125_020000_PBS_NewsHour.thumbs\/KQED_20130125_020000_PBS_NewsHour_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240619T12:35:10+00:00"}