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Clothes out of cotton. the livestock genetics group has received $14 million since 1999 for marketing livestock seem men. senator coburn says he doesn't believe the spending of your money is producing results. >> when our agricultural exports as a percentage of the world's consumption has declined about 50% over the last 15 years, and we've had these programs working on that, they obviously aren't working. >> now a usda spokesman says they are doing an excellent job making sure there is a return on investment, and they said a survey that says for every dollar spent on market development progra...

>> harris: europe's economy takes a beating. the dow closing down 161 points one of the worst this year. the nasdaq fell 24. the s&p 500 was down 19. the sell-off came as people pulled money out of spanish banks triggers fears that spain will now need a bailout. and in greece the polls showing the far left party gaining support ahead of elections next month. if that party were to win, greece could drop the euro as its currency which analysts say will likely hurt banks worldwide. the money mess in europe means we are actually paying less at the pump. the slow down in europe as well as china has...

>> your wallets your values. people at one liberal down is facing as they are faced to approve oil drilling for face bankruptcy. >> oo this is poornt story let me explain why. for the nation's largest sources of oil is right there under pacific southern california. yet we haven't drilled a new well offshore in about three decades in california. fermosa beach where gas prices are 3.30, 3.40 a gallon they can do that but they have to get in bed with an oil company. >> 2 square miles of sun and sand. if there's controversy do they vote their environmental conscience and go broke or approve oil dr...

Snow on the ground. not seeing that cold blanket of snow helping to cool the air that comes across it. so not a lot of snow in the forecast either for the next few weeks. >> and alas, alexandra, it is just the beginning of winter. >> that's right. a lot of winter left. we could cool down. >> ground hog day, february 2nd. then we'll really know how much winter is left. that's what i base my forecast on. >> all right. not me. >> of course not. get ready for a shock at the gas pump. prices up nearly 30 cents from a year ago. a look at today's average price only tells part ever the story. 3:37 f...

>> shannon: congressional supercommittee is expected to admit failure tomorrow. the deadline was wednesday but senior aides and congressional aides say that is not likely to happen. if you flan save money by driving this thanksgiving you may want to factor this in. according to triple-a the average national price of a gallon of gas $3.40, up from just $2.87 last year. you may feel the economic impact at the table, too. according to the american farm bureau the cost of the average thanksgiving meal expected to be up 13% this year to $49 up from last year's $43. of course thanksgiving is a time ...