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Today for a special trial offer. after the korean war, the military budget fell by 43%, by 43%. after the vietnam war it fell by 33%, by a solid third. after the soviet union fell and the cold war ended the military budget fell by 36%. this is a pattern of military spending in america. it goes way up in times of war, but then, and this is important, it falls right back down after. in times of peace. now, over the past ten years, we have been at war and our spending has subsequently gone way up. i want to tell you these numbers because i think they're absolutely astonishing. in 2001 under pre...

After the korean war, the military budget fell by 43%, by 43%. after the vietnam war it fell by 33%, by a solid third. after the soviet union fell and the cold war ended the military budget fell by 36%. this is a pattern of military spending in america. it goes way up in times of war, but then, and this is important, it falls right back down after. in times of peace. now, over the past ten years, we have been at war and our spending has subsequently gone way up. i want to tell you these numbers because i think they're absolutely astonishing. in 2001 under president bush, the military was $287 ...

about criminology. i'll explain. first, here's my take. america's job crisis persists, and there seems to be little we can do about it. but actually there is one area where government can create jobs even if consumers aren't spending and businesses aren't hiring. and in a way that is productive for long-term growth. rebuilding america. the american society of civil engineers estimates that america's crumbling infrastructure needs $2 trillion worth of repairs, upgrades, and expansions. with needs on that scale, president obama's infrastructure proposals are at 120th the size of the ...

and finally, the bold truth about criminology. i'll explain. first, here's "my take." america's job crisis persists, and there seems to be little we can do about it. but actually there is one area where government can create jobs even if consumers aren't spending and businesses aren't hiring. and in a way that is productive for long-term growth. rebuilding america. the american society of civil engineers estimates that america's crumbling infrastructure needs $2 trillion worth of repairs, upgrades, and expansions. with needs on that scale, president obama's infrastructure proposals...

in policy that until now barred foreign maids from seeking residency in hong kong. michael jackson's former body guard says dr. conrad murray asked him to gather up drug viles before asking to call for help. prosecutors are trying to make a case that murray is criminally responsible for the singer's death. those are the headlines from cnn. world business today starts right now. good morning. this is world business today. these are the top stories on friday, september 30th. there's no respite for investors in europe as stocks head south again this friday. a land mark victory for...