and chinese claim that they're just biased against china. and the showcase for individual achievement or nationalism. >> it's not quite the drama of the cold war when you had us against the soviet union, kind of good versus evil conflict, but you have some of that, when you compare our political system to china and they've evolved toward our economic system so maybe not the dramatic thing. >> what do you make over the controversy over the chinese swimmer's times? >> there's reason to be suspicious, but in all reports china engaged in doping in the 1990's was embarrassed by that and stopped doing it. credible reports say they know longer do that. some individuals may do it, but it's not a state sanctioned policy. >> right. >> paul: at least our colleague hugo described it very well and talked about the program which picks these men and women, and boys and girls at six or seven and then just puts them with the world's best trainers and so on. >> and that somehow is supposed to prove that the chinese system is better. i believe that the chinese

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have built china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the present so what we've got is we created a monster what was a very weak country before we have permitted. them to build man into a massive economic power so i guess well my question for you is is this a drive by the chinese to space just simply another example of them sort of you know catching up. well they are coaching but they're also surpassing us

we won't be able to export to china. we'll have slower growth as will china. i'm worried about this global deceleration. first the u.s. and europe. china, australia, canada, russia, brazil. if you look at brazil which was a miracle two years ago the gdp chart is a downhill slope now. >> so the stock market in china has been flagging this for a long time. in a terrible bear market. and they have really stopped exporting. i'm looking at stocks, exports, at the reports from the new york times. this guy bradsher is a hell of a reporter. this cannot have a happy ending. >> the other shoe to drop is the real estate bubble. i don't know if you saw the clip on the real estate bubble in vietnam and they started locking up the rich people. they have the same thing going on in china in the residential and commercial market. we'll see the real estate bubble collapse. it will be much worse than here because it was such a cowboy revolution over there in the housing market. >> we'll leave it there. good luck, peter. >> thanks. >> good luck on the premiere of the movie. up ne

it not just the disputed in the east china sea between china and japan. it's china's assertive almost aggressive territorial claims in the south china seas against vietnam and philippines. they say they are rocks, but true, they are also near under sea mineral deposits, oil and gas. they provide potential strategic control for country's like japan and korea for trade and raw materials. they may not look impressive but these are potentially critical dispute between these countries. >> neil: these countries have had tortured relationship going back to japanese executions of chinese citizens and soldiers dating back to world war ii but this seems to be china erupting at the thought that japan would lay claim to lands that the chinese see as theirs. it's almost like they ripped off a scab here. >> i think these demonstrations were probably organized by the chinese government. i do think there is raw emotion there, too. therefore not to be underestimated. people do remember world war ii which the chinese think begin in 1937, not in 1939 when germany attacked p

staying dry across eastern china. you will notice heavy rain will found the eastern region tomorrow. up to 250 millimeters is likely. as for japan. looking dry across the eastern half of the country. stay really wet across the western portions country. tembin is bringing ample moisture from the south. here's the extended forecast. ♪ ♪ >>> finally, our top story for this hour once again. u.s. republicans have nominated mitt romney as their party's challenger to president barack obama. representatives from the 50 states chose romney as their candidate for the november presidential election, at their national convention in tampa, florida. the participants adopted a party platform to seek a smaller government. calls for cuts in deficit, relaxation of federal regulations and tax cut for all n come levels. it criticizes the obama administration for reducing the military budget saying it is weakening the united states international standing. it calls for the return of a strong america by achieving peace through strength.

china, china has signed 15 free trade agreements and it's in the progress of negotiating as many as 18 more. sadly, we ar abaoning the field of free and fair trade, and it will come back the haunt us. [applause] we must not allow the chance too slip from our grasp. we are blessed with a gift of oil and gas resources here in north america and we must develop them. we can develop them sensitively, we can develop them securing our environment but we must develop them. [ applause ] and we have the ingenuity to develop alternative sources of energy, too. but most importantly, mitt romney and paul ryan will rebuild the foundation of our strength, the american economy. stimulating private sector growth and stimulating small business entrepreneurship. [ applause ] when the world looks at us today, they see an american government that cannot live within its means. they see in american government that continues to borrow money, that will mortgage the future of generations to come. the world knows that when a nation loses control of its finances, it eventually loses control of its destiny. that i

if you want us to buy boeing planes, you have to make them in china. the engineers are working on other project. that is bad. we should not allow that to happen. other countries do not do that. why we allow that to happen is beyond me. i think we should look at our own best interest. there is a guy who did this tremendous study that says that 50 years ago, the interest of corporate america and the country coincided. they thought about what was best for their communities, stakeholders, state, and the country and made decisions along that line. somewhere since then, the interest of corporate america has diverged. they will do what is in their best interest and to spend billions of dollars to elect politicians that will do what is in their best interest regardless of the interest of the country. our biggest challenge as a country is to try to realign those interests so the interests of corporate america and the country: side again where we can both win. >> [inaudible] >> we should look at all foreign investment in the same light. we have such a massive de

if you are worried about the rise of china, just consider this. the united states has negotiated -- has ratified only three trade agreements in the last three years, and those were negotiated in the bush administration. china has signed 15 free trade agreements and it's in the progress of negotiating as many as 18 more. sadly, we are abandoneding the feel of free and fair trade, and it will come back to haunt us. [applause] we must not allow the chance to attain energy independence to slip from our grasp. we are blessed with the gift of oil and gas resorts near america and we must recognize develop them. we can develop them sensitively and we can develop them securing our environment. but we must develop them. and we have the enji newty to develop alternative sources of energy, too. but most importantly, mitt romney and paul ryan will rebuild the foundation of our strength, the american economy, stimulating private sector growth and stimulating small business entrepreneur ship. [applause] when the world looks at us today, they see an american gove

romney is saying let's deal with china right now. let's get in its face militarily a little bit more. obama is saying the challenge is more down the road. we can afford some military cutbacks in the short-term in order to reduce our deficit as part of integrated deficit reduction to strengthen our long-term prognosis vis-a-vis china. there is agreement about the time horizon we need to be concerned about. it's a good debate. >> finally the relationship with the muss let me world where the president began with a grand speech in die row, an outreach there that was a welcome back let's renew this relationship. has that worked and how would governor romney handle that? >> well, of course romney is much more focused on supporting israel and making that unambiguous, obviously his foreign trip recently did that. his speech making has done that. his willingness to bless any israeli strike on iran's facilities has reinforced that. president obama has been much more of the view we have to reach out to the israeli and broader muslim world simul

they were china and japan. but these have been the world's fastest growing two large economies over the past five decades. over the past two decades, the other powerhouse has been india which was described for years as having a culture totally incompatible with economic success. hence the phrase "the hindu rate of growth," to describe the country's once morabund state. remember china in the 1980s began to grow and industrialize at three times the rate that the west did. what changed was not china's culture which presumably was the same in the 1970s as it was in the 1980s. what changed starting in 1979 were china's economic policies. the same is true for japan and india. had romney spent more time reading milton freedman, he would have realized that historically the key driver for economic growth has been the adoption of capitalism and its related institutions and policies across diverse cultures. the link between economic policy and performance can be seen even in the country on which romney was lavishing prais

china wants to turn the trickle of its cross border tree. in you one and two a strain beijing uses the national currency when trading with hong kong which has the hong kong dollar and also singapore but it also hopes a lot in america and the middle east could be next and russia has long been advocating moving away from the u.s. dollar and trading in the national currencies hong kong's financial secretary john sung explains to business r t how it could all work. what is happening now is a great deal of trace settlement in the national currency so in terms of for example between russia and china they would be doing a lot of settlement in un or in ruble this way you can weigh reduce the currency risk that might incur and it's already happening i think we should expect to see a lot more of that and as these two currencies become at some stage of currency for for the rest of the world. and speaking of asia let's see what's going on on the asian equity markets and what we're seeing there is pretty much a sea of red japan is hurting the most it's l

china. this is about a lot more than jobs. >> since you've become president you've been seen and photographed on the arms of white women. >> ooh. >> frankly sir you've been courting an awful lot of white women. will this continue? >> as long as i can keep it up. i mean why do you think they call it the white house? ♪ intel bong i've still got hou orsf battery life. it's an ultrabook. i'm good. with an ultrabook, everything else seems old fashioned. introducing the ultra sleek, ultra long-lasting ultrabook. a whole new class of computers powered by intel. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. [ "the odd cou

romney is saying let's deal with china right now. let's get in its face militarily a little bit more. obama is saying the challenge is more down the road. we can afford some military cutbacks in the short-term in order to reduce our deficit as part of integrated deficit reduction to strengthen our long-term prognosis vis-a-vis china. there is agreement about the time horizon we need to be concerned about. it's a good debate. >> finally, the relationship with the muss let me world where the president began with a grand speech in die row, an outreach there that was a welcome back let's renew this relationship. has that worked and how would governor romney handle that? >> well, of course romney is much more focused on supporting israel and making that unambiguous, obviously his foreign trip recently did that. his speech making has done that. his willingness to bless any israeli strike on iran's facilities has reinforced that. president obama has been much more of the view we have to reach out to the israeli and broader muslim world simu

the internet will not make china free. that will take actual chinese reformers and revolutionaries and organized movements. but technology does in some ways help the cause of individual liberty here. >>> up next, that rarest of turnarounds. a global warming skeptic who is now a believer. don't miss it. donuts. -my taste buds. -[ taste buds ] waffles. how about we try this new kind of fiber one cereal? you think you're going to slip some fiber by us? rookie. okay. ♪ nutty clusters and almonds, ♪ ♪ almonds. ♪ fiber one is gonna make you smile. ♪ [ male announcer ] introducing new fiber one nutty clusters and almonds. with 43% daily value of fiber for you. crunchy nutty clusters and real almond slices for your taste buds. and real almond slices hey america, even though slisa rinna is wearing the new depend silhouette briefs for charity to prove how great the fit is even under a fantastic dress. the best protection now looks, fits and feels just like underwear. we invite you to get a free sample and try one on too. t

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor i want to play a really quick response. we have built china into a major economic power without demanding any type of political reforms we've given the most favored nation status when we free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them into prison so what we've got is we've created a monster what was a very weak country before we have permitted. them to build into a massive economic power so i guess that my question for you is is this drive by the chinese to space just simply another example of them sort of you know catching up well they are catching up but they're also surpassing us in many ways that they

does the america we want borrow a trillion dollars from china? >> no! >> does it fail to find the jobs that are needed for 23 million people and for half the kids graduating from college? >> no! >> are those schools lagging behind the rest of the developed world? >> no! >> and does america that we want succumb to resentment and division among americans? >> no! >> the america we all know is a story of the many becoming one. uniting to brev liberty and build the greatest economy in the world, saving the world from unspeakable darkness. everywhere i go, there are monuments who have given their lives for america. no mention of their race, party affiliation, or what they did for a living. [ applause ] >> they lived and died under a single flag, fighting for a single purpose. they pledged allegiance to the united states of america. that america, that united america can unleash an economy that will put americans back to work, that will once again lead the world with innovation and productivity and will restore every father and mother's confidence that their ch

looking east egypt's new president mohamed morsi heads to china hoping to bad billions in economic deals after decades of the country being america's loyal ally gyptian leader says he's seeking a more balanced foreign policy. the british immigration system is under fire after more than one hundred fifty thousand illegal immigrants become unaccounted for after arriving in the country the home office is now promising a major review of its policies to tighten what's seen as a levy fit. some headlines next interview and today our speaks to an author and scholar at a major washington think tank andrew levin and he talks about the pitfalls of the american electoral system and barack obama's four year term in the white house. i. were sitting down with an author professor of philosophy and currently a senior scholar at the institute for policy studies and your living thank you very much for joining me you contributed to a book it's titled hopeless barack obama and the politics of allusion what was the allusion in your opinion and how did it get hopeless well obama of course campaigned on the ide

china needs the oil. russia wants the political influence. they will support our enemies in that part of the world, whatever they have to do. and as you said, it's the oil. it's selling at $15 discount. the russians are arranging a russian businessman is buying this stuff, you mix it with oil in the sea. it's coming to refineries all around the world. it's a life line for the syrian regime and it's got state backing. >> david, to that point as well, how long on the ground can syria continue to survive with the sanctions imposed right now from the u.s. and eu? and what will it take in terms of broader sanctions for them to feel the pain and change their actions? >> that's the million-dollar question. how long can they rvive? certainly they're struggling a little bit. military is spread thin, running out of resources. so they're on the run. but part of the question of how long they'll survive will depend on how many allies do they have that will help them evade sanctions. how can they continue to get funding and, and how can they continue to ge

what do the united states, the peoples republic of china, and taiwan have in china? well, in 2012, all three are under going elections and leadership transitions of one kind or another. i can think of no more important bilateral relationship in the world than that of the united states and china, and i can think of few more politically sensitive relationships than the prc and taiwan. in this election year, there is change, and potential of change is in the air, and so it comes to the most important relationship in the pacific. it is as if the u.s. and prc and taiwan are in the middle of a game of high stakes poker and the deck of cards is being shuffled. i can think of no more appropriate place than right here on capitol hill in the united states senate complex to hold this discussion on the intersection of politics and policy that may well determine the balance of power in asia, in the world for some years to come. while it may be true nations have enduring interests, it is also tree nations have policies and make history. what is the process for continuity and chang

to push through an no fly zone over the country a move which has always been contested by russia and china the rebels are looking to take advantage of an ongoing hailstorm of reports claiming an increase of government atrocities including air raids and artillery shelling. looking east egypt's new president mohamed morsi has to china hoping to bag billions in economic deals after decades of the congress being america's loyal ally the egyptian leader says he's seeking a more balanced foreign policy. the british immigration system is under fire after more than one hundred fifty thousand illegal immigrants become out of california after arriving in the country the home office is now promising a major review of its policies to tighten what's seen as a leaky ship. dexterity speaks to an author and scholar at a major washington think tank and revealing he supposes the pitfalls of the american electoral system and barack obama's four year term in the white house. we're sitting down with an author professor of philosophy and currently a senior scholar at the institute for policy studies injure a li

japan and china are in a dispute over the senkaku islands in the east china sea. the japanese government has decided to limit its budget execution due to a possible lack of funding. the decision comes as lawmakers face difficulties passing a bill to issue debt covering bonds. these would be used to finance the budget for the current fiscal year. according to the decision on friday, the government will postpone about $50 billion in tax grants for municipalities. these were originally to be paid out on tuesday of next week. the government will reduce expenditure to at least half. university subsidy will be cut back to the same extent. $480 billion in debt covering bonds are needed to finance the total budget of over $1.1 trillion for the current fiscal year through march 2013. if government spending goes ahead as planned, the state coffers would be empty as early as october. government officials will continue for passage of the bill. they face obstacles. >>> we had a handful of economic indicators out in japan this day for july. let's start with industrial output wh

china has made him their door mat. here is portman. >> thank you, guys, that's it for the factor. senator rob portman of ohio take it away. >> thank you. good evening, america! [cheers and applause] hello to the fired-up delegation from the buckeye state, right there in front of me. [cheering] >> my name is rob portman. and they say i was on governor romney's short list of vice-presidential candidates. apparently, it wasn't short enough. what a great convention. i amdrited to be here tonight to talk about the fundamental differences between mitt romney and barack obama, when it comes to understanding our economy. let's begin by talking about some things the democrats love to demonize -- mitt romney's success in the private sector. he built a company from the ground up, created lots of jobs and, yes, he made money. [cheering] >> he made it the old-fashioned way, folks. he earned it! [cheers and applause] then you have barack obama, who never started a business, never even worked in business and yet he claims those who h

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to say really quickly tell of his response . we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the present so what we've got is we created a monster what was a very weak country before we are permitted to them to build a mass into a massive economic power but i guess all of my question for you is is this drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in m

to push through a no fly zone over the country blues which has always been tested by russia and china the rebels are looking to take advantage of an ongoing hailstorm of records claiming an increase of government atrocities including air raids and artillery shelling. looking east egyptian new president mohamed morsi has to china hoping to bad billions in economic deals after decades of the country being america's loyal ally the egyptian leader says he's seeking a more balanced foreign policy. the british immigration system is under fire after more than one hundred fifty thousand illegal immigrants become accounted for after arriving in the country the home office is now promising a major review of its policies to tighten what's seen as a lead to ship. next artie's speaks to a nasr and scholar at a major washington think tank and relieving exposes the pitfalls of the american electoral system and barack obama's four year term at the white house. we're sitting down with an author professor of philosophy and currently a senior scholar at the institute for policy studies injure a living t

over the south china sea. asean foreign ministers failed to reach agreement with how to deal with the disputes at their meeting in july. some members have strong economic links with china. the group faces a challenge to maintain a united voice while its members have different opinions and allegiances. economic progress often comes at a cost to the environment, and that's something people in vietnam's booming cities know only too well as they struggle through crowded streets, traffic jams, and chronic pollution. so they have something to celebrate as the country broke ground tuesday on its very first subway line. nhk world reports. >> reporter: i'm in the biggest commercial city in vietnam. this is also one of the most important business centers in asia, but the city streets are crowded with buses and motorbikes, so the people of vietnam having a subway system has been a long-cherished dream. the first subway line in vietnam. construction is being supported by a yen loan and technology from japan. for the first

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble that on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the prison so what we've got is we created a monster what was a very weak country before we are permitted to build a man into a massive economic power so i guess so my question for you is is this a drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in many ways. t

is he outsourcer of jobs to china? is he weird, as the obama campaign likes to, like to suggest he is. president obama's obama problem his unfavorables are linked to performance in office. they think he has done a lousy job on economy, deficit, debt, health care. they really don't like obamacare. first democratic president in history to have negative rating on issue of handling of health care. his are more tied to the performance in office. it is easier for governor romney to sort of give people an explanation who he is and deal with these issues than it is for president obama to see a significant change in economic conditions which is the only thing in my opinion that will lead to an improvement in his handling of the economy. sandra: one thing is for sure, it is all about the economy as we head towards the election. karl rove, thanks so much for joining us tonight. >> you bet, thank you, sandra. thanks for having me. sandra: well with the gop presidential convention kicks off on monday and you know what part of their

china needs the oil. russia wants the political influence. they will support our enemies in that part of the world, whatever they have to do. and as you said, it's the oil. it's selling at $15 discount. the russians are arranging a russian businessman is buying this stuff, you mix it with oil in the sea. it's coming to refineries all around the world. it's a life line for the syrian regime and it's got state backing. >> david, to that point as well, how long on the ground can syria continue to survive with the sanctions imposed right now from the u.s. and eu? and what will it take in terms of broader sanctions for them to feel the pain and change their actions? >> that's the million-dollar question. how long can they survive? certainly they're struggling a little bit. military is spread thin, running out of resources. so they're on the run. but part of the question of how long they'll survive will depend on how many allies do they have that will help them evade sanctions. how can they continue to get funding and, and how can they continue to

in particular, the china's exports to china for reprocessing and reexport out to the u.s. and europe are slowing. as we know, things like the ipad and i pod were built in china. they are really just a similar poll and most of the value comes from u.s. and europe. >> i guess what i am trying to gather is we know china's importance as a buyer of u.s. debt. i get that. what is their overall importance in the global economic scheme. >> i think it's pretty important. it's a trickier place to invest there because of the way the markets function. markets are really not ready for broadway. >> so john, we have seen three rrr cuts. we have seen some stimulus program. smaller. >> the cuts -- the slow down this year was caused by last year's heavy handed crunch down of the real estate bubble and by the slow down of infrastructure spending after the stimulus wore out. residential real estate markets already started to lift in china and we have also seen infrastructure spending from the big state owned companies. they will be able to revive real esta estate. >> one of the hot topics of

on one hand of course china has helped the u.s. significantly when the u.s. gets into some financial trouble there on the other hand china is often seen as you know our number one competitor so i want to play a really quick a hell of his response. we have build china into a major economic power without demanding any type of political reforms we've given the most favored nation status one with free trade we permitted them to steal our technology they get away with murder quite literally economically or figuratively economically but quite literally. you know in reality when they're murdering dissidents and taking the people religious dissenters like the falun gong and throwing them in the prison so what we've got is we created a monster what was a very weak country before we are permitted to them to build mass into a massive economic power so i guess so my question for you is is this drive by the chinese to space just simply another example of them sort of catching up well they are catching up but they're also surpassing us in many w

. >> what would you say russia and china, and the u.s. security council and imposed sanctions on them. >> well, this is a testament to the fact that the reset with russia was a failure. our relationship with russia is weaker not stronger. look at what the frustrations we're getting at security council from russia to begin with. so, i think this is a testament to the fact that the barack obama strategy for the russian reset. i believe with romney that we need strong allies, and peace through strength. strong national defense. that's the kind of foreign policy we need to have a strong america and we think that president obama's foreign policy has hollowed that out. >> is it easier to-- and just on china and trade, and next part of the problem, china holds so much of our debt, almost half of that money is borrowed from foreign countries and so, because of the president's agenda, a big deficit, trillion dollar deficits every year, because of the president's agenda of not even offering a plan to get this deficit under control, the senate hasn'

and from the china contractors association. and the president of the foreign trade and economic relations commission. and the deputy director general, department of commerce of the inner mongolia, autonomous region. the director of economic and trade office of [unintelligible] province. i would like to mention that locally, we have a city council member from fremont, ms. sue chan and supervisor malia cohen is in the house. thank you for coming. i remember not long ago when vice-president -- the vice- president visited the united states and i traveled to los angeles with our mayor at the time and what an event. and now a few months later, san francisco is probably hosting the seminar with the ministry of commerce. it shows that our golden mountain continues to attract chinese. has never stopped since the 1800's and because san francisco continues to be the city of innovation and full of peril spirit, we will continue to seek an inflow of inbound chinese businessmen and investors. may i invite our mayor, edwin lee, to the podium?

he's been pragmatic where he had to be-- china and russia. and i think he's sort of split the baby on afghanistan and whatnot. but he's kept the country safe. that was bush's claim after four years,un, keep the country safe. and i don't think anyone's walking around saying i can't live another day with barack obama as commander in chief. >> rose: syria. regardless of who's president what, should we be doing? >> well, you know, my view, charlie, is very simple, that syria is iraq. it's just the twin sister. it's a ba'athist regime, ruling a multi-ethnic society. iraq had a sunni minority ruling a shiite majority, with kurds and other minorities on the side. syria has a shiite minority ruling a majority. in iraq we pulled the pin. we removed the dictator at the top, and that led to an explosion, and what america did in iraq was the geopolitical equivalent -- >> we weren't prepared for what would happen-- >> we did the geopolitical equivalent of falling on a grenade. we absorbed the entire explosion-- iraqis, most of all-- but our presence there

we agree. >> china hasab 30 or 40% of toay erecting capacity over the next four years for years. investment worldwide. deny the they are strong enough to t deny the investment but to largest potential growth export market, it is not why is to make strong statements to allow chinese companies. >> is important to understand who will not operating with parity because they hold our dollars to run over us and our interests.i i have a hard break. much. naon, we will continue there dependena conversation.n th count americans are more dependent than ever how can this country return to lder her prosperity? here to talk about his new book, wealth and poverty. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. lou: my next guest influence economic policies of reagan and paul ryan threw his best-selling boo

i think in general it's being used to try and step up the pressure on both russia and china to start to take a stand against the sides and effectively what it's doing is saying that we disrespect the sovereignty of syria and we don't want the syrian people to determine their own future as william hague suggested he's going to offer non-lethal aid he hasn't given specific details of this yet but it does seem like it's going to be intelligence it does seem like there's going to be an awful lot of support announced for the rebels over the next few weeks and of course this comes just after president obama has announced well it hasn't been announced but it has been revealed that there has been a secret plan basically allowed the cia to assist the rebels as well the thing i find very striking about this is that there's a real historical amnesia that's taking place among western leaders where they don't really know who the opposition is there are a lot of concerns about the makeup of it you have you elements there are a lot of people who would not like to be dismissed with their stuff into

japan and china are caught up in a territorial dispute over the senkaku islands in the east china sea. >>> the leaders of countries outside of the global power bloc are flexing their muscles at a summit of the nonaligned movement. we report from tehran. >> reporter: the meeting held every three years is attended this time by the leaders of more than 100 states around the world. most of them developing nations. the opening address was made by iran's supreme leader ayatollah khameni. he said it was time to break away from the influence of western powers and create a new world order. >> translator: iran regards any use of nuclear weapons as a serious crime, and does not possess them. it will never abandon the right to nuclear development for peaceful purposes. nations with nuclear weapons such as the u.s. and israel are a real threat to the world. >> reporter: also among the attendees was egyptian president morsi. he became the first egyptian leader to visit iran since the two countries broke off diplomatic ties more than 30 years ago when egypt signed a peace agreement with israel. mors

with a slight edge over 25.a, 26 to but china has a strong lead in gold medals. then japan, france, and germany. >> a strong showing so far. a campus police officer is out of a job for. >> lt. john pike, the pepper seen in the video that and viral, pepper spray protesters in november at davis. was put on administrative the incident. school will not say whether quit. fired or >> a california man facing serious charges for trying to take 45 candy bars onto a plane. what's the problem? out they were filled with $250,000 worth of methamphetamine. immigration and customs said they found it as he carry-on bag boarded a flight headed for japan. still to come adam caskey has a final look at the weather. ♪ i've never felt this way before, but it's a scary time to be a woman. mitt romney is just so out of touch. [ female announcer ] mitt romney opposes requiring insurance coverage r contraceion. and romney supports overtuing roe versus wade. romney backed a bill that outlaws all abortrtion, even in cases of rape and incest. there's so much we need to do. we need to attac

take trade with china. china manipulators its currency, giving it an unfair trade advantage. why doesn't the president do something about it? i will tell you one reason, he could not run up his record trillion-dollar deficit if the chinese didn't buy our bonds to finance them. folks, we are as beholden to china to bonds as we are to the middle-east for oil. this will end under mitt romney! [cheers and applause] we need to knock down these barriers to trade abroad. but we also need to knock down self-imposed barriers to success right here at home. we need to reform our outdated and complicated tax code. we need to fix our regulatory system and we need an energy policy that encourages the development of our resources, right here in the ground, in america. [cheers and applause] america has a choice between mitt romney, who seeks to grow the economy and barack obama, who seeks to redistribute it. which one do you think will liberate america's entrepreneurial spirit? at the other party's convention, you are going to hear another chant. their chant will be four more years, four mor