tv CBS Morning News CBS June 15, 2011 4:00am-4:30am PDT
a race against time. the desperate struggle to save a small iowa town from surging floodwaters. waiting on weiner, the congressman says he won't decide his future until he talks to his wife. she's due back today. and breaking her silence. arnold schwarzenegger's mistress tells about her time with the former california governor and their child. captioning funded by cbs good morning, everybody. thanks for joining us. i'm betty nguyen. we begin in the southwest, iowa, to be specific, where surging floodwaters threaten a small town, a temporary levee is now all that stands between hamburg, iowa, and disaster. work crews have been trying to
fortify the levee for days. floodwaters from the missouri river are expected to reach the barrier today and if the levee fails, hamburg could be covered by as much as ten feet of water. >> if this water hits like it's supposed to hit, it's just -- i'm sorry, it's just going to be a little town with nobody here, because all of our industry is going to be leaving, because they won't come back, if that water sets here, clear up to december like they're predicting. this town is done as far as that goes and it's just going to ruin a lot of people's lives. >> the missouri river is expected to crest at five to ten feet above flood stage, as it passes through iowa, missouri and nebraska. from water now to fire. two people are being questioned about a camp fire that may have started that giant arizona wildfire. the wallow fire has burned at least 733 square miles and is about to become the largest wildfire in arizona history. it is now about 20% contained. a separate large fire in northeastern new mexico has shut
down an interstate highway leading to colorado. an affront to democracy, that is the reaction from one wisconsin union leader after the state supreme upheld a controversial law that cuts collective bargaining rights for public employees. the debate over labor rights has sparked weeks of demonstrations and protesters returned to the wisconsin state capital yesterday. republican scott walker says the law is needed to address the state's budget deficit. in a written statement walker said "the supreme court's ruling provides our state the opportunity to move forward together and focus on getting wisconsin working again." now to washington where negotiations on the federal budget and raising the debt ceiling resume today. fed chairman ben bernanke is warning that failure to raise the debt limit could have disastrous consequences. joel brown is in washington with details on this. good morning, joel. >> betty, good morning to you.
on capitol hill this debate over the debt ceiling and the nation's red ink has been overheated at times. on tuesday though a much calmer conversation that came with an urgent warning. fed chief ben bernanke is warning congress not to play games with the government's debt limit. >> i fully understand the desire to use the debt limit to force some necessary and difficult fiscal policy adjustments but the debt limit is the wrong tool for that important job. >> reporter: scolding lawmakers in a speech tuesday, he said failure to raise the debt ceiling could have a devastating impact on the economy. the nation hit its $14.3 trillion borrowing limit last month. if an agreement isn't reached by august 2nd, the government could default on its bills for the first time. this morning, vice president joe biden will lead the second of three straight days of negotiations with top lawmakers, trying to find trillions of dollars in budget savings to cover the increase. biden was optimistic following tuesday's meeting and insisted
that progress is being made, but with both sides refusing to budge on key issues, it's clear there's still a long way to go. >> we've got to do everything we can to get this administration to back off their policies that are killing the economy and killing job creation. >> reporter: the gop wants tax hikes off the table while democrats are refusing to cave on cuts to medicare. >> it's time republicans abandon their ideological plan to change medicare as we know it and work with us to strengthen and preserve our promiless to seniors. >> reporter: with time running out and the fragile economic recovery hanging in the balance, negotiators are hoping to at least draft an agreement by july 4th. ultimately a compromise on the debt ceiling could come down to president obama and speaker of the house john boehner. the two men will get a chance to speak candidly about the topic this weekend. betty, they're meeting for 18 holes of golf on saturday. >> a lot of business can be done on the golf course. okay, joel brown thank you, joining us live, we appreciate it.
congressman anthony weiner's wife is expected back from an overseas trip this morning. weiner says he won't consider quitting until he talks to her about it. house members met yesterday. for the first time since the sexting scandal broke. many are calling on him to step down. >> with the love of his family, the confidence of his constituents and the need for help that congressman weiner should resign from the congress. >> reporter: do you think the congressman should resign? >> it's up to him. we can't do anything about it, to be very honest with you. hopefully he's getting the help he needs and will make the right decision. >> weber is on weiner is on a two-week leave of absence from congress to seek treatment, for what remains though is unclear. now to the field of republican candidates, what is tong grow.
former u.s. ambassador to china jon huntsman says he will announce his candidacy next week. he is a moderate who accepted the diplomatic appointment from president obama. overseas pakistan intelligence service arrested several pakistanis said to have worked as informants for the cia before the killing of osama bin laden by the u.s. aid. five have been arrested, one is the observe owner of the house the cia rented to watch bin laden's compound. on the "cbs moneywatch," more bad news on housing and mixed numbers from asia. ashley morrison is here with all of that. good morning ashley. >> good morning to you betty. pretty quiet day for the asian markets. tokyo's nikkei gained a fraction and hong kong's hang sang lost about half of a percent. today on wall street we get the latest on inflation and stock industrial production. tuesday stocks had their best day of the month after better than expected retail numbers. the dow gained 123 points to close back above 12,000, while the nasdaq was up 39. the current housing crisis is now officially worse than that of the great depression.
according to hiller price house, 33% since the market collapsed compared to 31% during the late 1920s and early '30s. home prices recently entered double dip territory. the crisis is not expected to ease until foreclosures do and that's not expected until next year at the earliest. pandora is hoping to make sweet music on wall street. the internet radio company will make its stock market debut this morning. its initial public offering of stocks sold last night at $16 a share, twice as much as expected just a couple of weeks ago. that gives it a market value of $2.6 billion. the company has actually lost $92 million since it started up 11 years ago. apple is now selling unlocked iphones, unlocked means you're not tied to a specific carrier such as at&t or verizon. the biggest benefit is to travelers who can switch carriers to avoid high roaming charges.
but the convenience comes at a cost. unlocked models cost $650 or $750, depending on how much memory you want. and america's most expensive home is officially off the market. this 57,000 square foot mansion sits on five acres, has more than 100 rooms and is bigger than the white house. it was built in 1991 by the late tv producer aaron spelling, and has reportedly been bought by a british heiress to a car racing empire. the home was originally listed in 2009 for $150 million. the selling price is not yet known. must be good to be an heiress. i could never keep that place clean. >> if you can afford that place you could afford to clean it. >> more than one place to clean it. >> ashley morrison, thank you. just ahead on the "morning news" the sun going into hibernation but it will keep shining. we will explain how. plus new guidelines for
sunscreen that are on the label. we'll show you what to look for. this is the "cbs morning news." [ female announcer ] now, just pop, click, switch your lids whenever you like! choose from over 20+ colors and designs. the new dell inspiron r series laptops with switchable lids, powered by the 2nd generation intel® core™ processor family: not just smart, visibly smart. call or click to get this fully loaded and totally protected inspiron 15r today! ♪ [ intel bong ] to see what tommy left on her cloth hand towel. she found...7.2 dogs... [ barking ] 43 squirts of dad's shaving cream, 32 classmates, 347 newspapers, half a math book, and...12 frogs. [ ribbits ] after all, your hands are only as clean as the towel used to dry them. upgrade to kleenex hand towels for a clean, fresh towel every time.
huge columns of dense smoke and ash pouring from a volcano in southern chile. hot rocks being blasted from the crater forced thousands to evacuate the area and the vast cloud of ash miles high is disrupting air travel across the southern hemisphere from buenos aires arming to purse in western australia. scientists giant flares like this one will be less common in coming years. the sun is headed into an extended hibernation period with fewer flares and sun spots. hibernating or not the sun is still a giant radiation pump sending out ultrajai let rays that cause sunburn and skin cancer. now the fda is out with new guidelines for sunscreen and
protection. two things to look for the number 15 and the words "broad spectrum." terrell brown has more. >> reporter: with all the different sunscreen labels and claims, james flamendorf is relieved help is on the way. >> it can be confusing with the different brands out there and they come out with new varieties. >> reporter: the fda is requiring manufacturers to test for both types of ultraviolet rays, uva rays which can link to cancers and uvb which can cause sunburn. >> you need broad spectrum uva and uvb protection that protects against aging and skin cancer. >> reporter: sunscreen has an spf under 15 has to carry a warning label "this product has been shown only to prevent sunburn, not skin cancer or early skin aging." when it comes to spf numbers that seem to get higher every year the fda wants to cap them at 50, only exception when a
manufacturer can prove its product offers more protection. the government is banning what it calls exaggerated marketing claims like waterproof and sweatproof. products can use the term water resistant and you won't see the words "sunblock" anymore. >> we don't want to give the false impression that complete sun protection is provided. >> reporter: flamendorf who has fair skin and family history of skin cancer says the changes will help him find the right sunscreen. >> they've definitely helped consumers to make a more informed choice. >> reporter: manufacturers have until next summer to comply although many are expected to make the changes sooner. terrell brown cbs news, new york. >> important information there. straight ahead your wednesday morning weather and in sports, detroit's justin verlander tries for his second no-hitter of the season. is a reality for me, but i learned that i don't have to use a vial and syringe as part of my daily routine anymore. my doctor showed me the novolog mix 70/30 flexpen. flexpen is discreet and comes pre-filled with my insulin.
flexpen goes with me and doesn't need refrigeration. and it's covered by most insurance. if you're still using a vial and syringe, ask your healthcare provider about the benefits of flexpen. flexpen is a discreet, pre-filled, dial-a-dose insulin pen. you can dial the exact dose of insulin you need. and inject insulin by pressing a button. novolog mix 70/30 is an insulin used to control high blood sugar in adults with diabetes. do not inject if you do not plan to eat within 15 minutes to avoid low blood sugar. tell your healthcare provider about all medicines you take and all of your medical conditions, including if you are pregnant or breastfeeding. most common side effects include reactions at the injection site, weight gain, swelling of your hands and feet, and vision changes. other serious side effects include low blood sugar and low potassium in your blood. get medical help right away if you experience serious allergic reactions including body rash, trouble with breathing, fast heartbeat, sweating, or if you feel faint. flexpen is made by novo nordisk, a healthcare company committed to diabetes care for nearly 90 years.
i've made flexpen part of my routine just like spending time with my family. ask your healthcare provider about novolog mix 70/30 flexpen today. learn more about the different insulins available in flexpen at myflexpen.com. flexpen. insulin delivery that goes with you. here's a look at the weather in some cities around the country. new york sunny 82. miami thunderstorms 94. chicago light rain, 68. dallas sunny, 98. los angeles partly cloudy, and 77 degrees. time now for a check of the national forecast. the latest satellite picture shows scattered clouds across the northeast. skies are mostly cloudy from texas to the northwest, but later today strong thunderstorms will move across the south east. dry heat continues in the southern plains, and the southwest. and warming up in the northeast with temperatures in the 70s and 80s. in sports, flirting with
another no-hitter, detroit's justin verlander almost pitched his second no-hitter this season as he struck out 12 cleveland batters. the bid ended in the top of the eighth inning when orlando cabrera hit a clean single to center. verlander gave up only one more hit and shut out the indians 4-0. in chicago in the tenth inning the cubs' castro hit a long looping single to right scoring the winning run against the brewers. the final chicago 5, milwaukee 4. the nfl and his players are making some progress in secret talks for a new contract. they met in maryland at an undisclosed location. one report says there is at least a chance of working out a deal to end the lockout by july 4th. we will astay on top of that for you. and a spectacular accident in san francisco bay. look at this. one of the boats getting ready for the 34th america's cup capsized during a practice run. the oracle racing catamaran went over in strong winds monday.
bart station. the robbery.. that sent a man to the hospital. plus.. bay area teens find nearly a dozen chickens, beaten to death. who police think is behind a gruesome case of animal cruelty. the mother of arnold schwarzenegger's secret child goes on the record. her confession to maria.. and what her son said, when he found out. and.. just in time, for the heat. new changes to sunscreen labels. the words now banned. join us for cbs 5 early edition ... beginning at 4:30. ,,,,
on the "cbs morning news," here's a look at today's weather. slow-moving storms will make their way into the southeast and mid-atlantic, bringing heavy rainfall and strong winds. things return to normal in the northeast with mostly sunny skies. here's another look at this morning's top stories. a temporary levee is all that stands between a small iowa town and devastating floodwaters. the missouri river is expected to breach the levee today, if it doesn't hold, hamburg, iowa, could be under ten feet of water. the wisconsin supreme court
ruled that a controversial law limiting the bargaining rights of public employees can go into effect. one union leader calls it an affront to democracy. in orlando, florida, the prosecution is expected to rest its case today in the casey anthony murder trial. anthony is accused of killing her 2-year-old daughter, caylee. the toddler's remains were found about six months after she was reported missing near her grandparents' home. if convicted anthony could face the death penalty. her lawyers are expected to call their first witness tomorrow. after weeks in hiding, the mother of arnold schwarzenegger's out-of-wedlock child has broken her silence. in an interview with "hello" magazine, schwarzenegger's former housekeeper, mildred baena shows off her 13-year-old son, joseph, and says it was only a year ago that she told him who his real father was. his response? "cool!" the scandal exploded in may after the former california governor announced the separation from wife maria shriver and then admitted he fathered a child with a member of his staff.
baena says shriver grew suspicious over the similarities shared by joseph and schwarzenegger and then confronted her. "she cried with me and told me to get off my knees. we held each other and i told her it wasn't arnie's fault, that it takes two. i know he's suffering, too. he loves maria. i hope in time they work things out." as reported anthony weiner is expected to decide soon whether he'll resign from congress in the wake of his sexting scandal. lawmakers could try to force him out, but as nancy cordes reports, it would not be quick or easy. >> reporter: it's a rare dilemma for congressional leaders who have forced legions of disgraced colleagues out with the strength of their disapproval alone. florida's mark foley lasted less than a day after suggestive messages sent to teenage pages surfaced in 2006. >> i didn't sit there and try and run the clock out. i said this was wrong and i resigned. >> reporter: in fact congress
has only had to formally vote to expel a member twice since 1900. in 1980, after congressman michael meyers of pennsylvania accepted a bribe in the abscam scandal and 2002 when jim traficante was convicted of bribery and racketeering. >> beam me up, mr. speaker. >> reporter: members acused of lesser transgressions like new york's charles rangel find refuge in investigations. >> council and the committee found no evidence at all of corruption. >> reporter: the process lasts so long, the shock of their mistake wears off by the time their colleagues finally pass judgment. >> hopefully he's getting the help he needs and he'll make the right decision. >> reporter: but if he doesn't, house democrats might try to make it for him in a long, drawn out fight that won't make anyone look good. nancy cordes, cbs news, capitol hill. this morning on "the early show," new sunscreen guidelines. what they mean for you and your family. i'm betty nguyen. this is the "cbs morning news."
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students in the u.s. don't know much about american history. in an annual test last year, just 13% of high school seniors showed a solid grasp of history. only 18% of eighth graders and 22% of fourth graders did well on the test. less than half the students could identify president abraham lincoln and explain why he was important and almost three-quarters could not identify the fight against hitler and nazi germany as the second world war. in other education news, one thing students are learning these days is how to find money to pay for college. no small matter. public colleges cost about $16,000 a year and private schools average $36,000. seth doane has more. >> reporter: 12 years of
studying earned emily gibbons a high school diploma, but her real work is just beginning. >> all together probably about 12 hours. >> reporter: each day? >> each day. >> reporter: five days a week. >> yes. >> her 9:00 to 5:00 job at $9 an hour is at a label company. then she races home to change her clothes for her 6:00 to 10:00 shift at pizza hut, making $7.40 an hour. by the end of the day, how are you feeling? >> i just want to sleep. i just want to go home and go to bed. >> reporter: but her wake-up call is the cost of the public college she's attending come fall. since 2000, annual tuition at public universities has doubled. >> we're not rich around here so we have to help our parents with this. it's a must. you can't just not work and expect to get through college and be okay. >> reporter: working is just a reality here. >> absolutely. >> reporter: but that reality isn't easy? >> no, not at all. >> reporter: her university will run about $18,000 a year. she's expecting about $5,000 in
financial aid, and another $5,000 or so from her summer jobs. so you'll make about a third of what you need. >> yes. >> reporter: what will you do? >> right now i'm trying to get student loans. >> reporter: in 1980, a ten-week summer job at minimum wage meant a teenager could save up about half of the cost of a year's tuition at a public university. today that same minimum wage job covers only 18%. guidance counselor palmer toto sees the pressure building on his students. >> this generation tuitions are higher and costs are higher, so it's coming at it from both ends and it's very, very difficult. >> after i get out of college i'm going to work to pay for college. that's about all i'm going to have money for. >> reporter: she may be struggling, but she does feel lucky. nearly a quarter of her peers nationwide are unemployed. seth doane, cbs news, leavittown, pennsylvania. coming up later on "the
early show," the future of organized labor, union protesters take to the streets but courts and lawmakers keep going against them. then those new guidelines for sunscreen and what they mean for days at the beach. plus a-listers turn out on the red carpet as the spider-man musical finally opens on broadway. that's the "cbs morning news" for this wednesday. thanks for watching. i'm betty nguyen. have a great day. -- captions by vitac -- www.vitac.com