when warren is your dad, just what does anything mean? peter buffett is the author of "life is what you make it." peter, it is great to have you on the program. >> thanks. great to be here. >> thank you so much for joining us. >> sure. >> so your dad is warren buffett? >> yes. >> the third wealthiest person in the world, worth $47 billion. >> but who is counting. >> but who is counting, right. forbes and fortune. he is still lives in the house in omaha where you grew up. >> that's right. when i go home i sleep in my bedroom. >> oh my goodness. what was your life like? >> incredibly normal. i live two blocks from where my mother grew up. i would walk down to see my grandparents. i walked to public school. i had the same english teacher my mother had. it just goes on and on. the house still doesn't have a fence around it. so it was a very typical american upbringing. >> but was there a moment in time when you figured out wow, my dad is a very wealthy man. we're a wealthy family. did that change you? how did that impact you? it's got to be h

warren refused to comment. prosecutors charged dwayne scheuermann and another officer with using unreasonable force in the beating of edward king and will tanner. scheuermann, who refused to comment on the glover incident, is also charged with setting fire to will tanner's car with henry glover's body in the back seat. and just as in danziger, the indictments allege a cover-up. >> in two instances, we've seen at least indicators of a cover- up. how far that goes, i honestly don't know. >> narrator: the indictments charge two officers from the fourth district station. they say the men knew that warren had shot glover; they knew glover had been taken to the habans school; they knew glover's body had been burned on the levee. prosecutors said the police knew all of this from the beginning; they just conspired to keep it hidden. >> how did you feel when, finally, somebody from law enforcement came to you and said, "we want to know what happened that day?" >> ooh, man, that day, this lady come knocking on the door,

>> i think it didn't work and warren buffett told me this later. i think he inks he told me up front and he may have, i think he told it to me later. because i think if he told me up front i would have stened to him. but that is history he said look, history, look at charlie and me. i'm a ham. i love the spotlight. i loveeing on the cover of fortune. i like being the one they talk to. charlie doesn't. now you are going into business with michael ovitz. are you abouting toill each other trying to get into the spotlight. and there's only roop for one. so that was probably may some of the reason it didn't work. we were two competitive. >> rose: but you knew, you had told me you knew it day one. day two, day three. >> well, hi an operation i had i bypa operationment we had just bought capital cities/abc for $19 billion. my wife wanted me to live. she is a partner an she convinced me that this was the peonho cldelieve me of singly ane runni 5,00peop. and was a mistake. it just was a mistake. it was, and that happens. ere are some ople, you kn, don't mel

warren, muy preparada e inteligente. dice que este burÓ federal de proteccion financiera al consumidor nos va a ayudar a todos. >>el problema es que ya tenemos siete agencias en el gobierno federal que estÁn a cargo de esto. tenemos 50 adicionales porque todos los estados tienen un burÓ para proteger a los consumidores. ahora tenemos 57 agencias haciendo el mismo trabajo y ella dice que una agencia adicional es la que va a resolver el problema. esto es gigantismo gubernamental. yo no veo cÓmo esto va a ayudar, pero la realidad del caso es que hay que hacer algo para proteger a ese consumidor porque lo que hubo fue un abuso. >>no, mire, lo de las tarjetas de crÉdito es un abuso, como usted dice. y ademÁs el papeleo, la burocracia, la intimidaciÓn; todas las cosas que hacen... >>los prÉstamos hipotecarios. josé d.b: exacto. paracarios. explotarnos ahora, dice ella que el presidente obama le ha dado la potestad para cortar... como dijo ella... "esas alas de las siete agencias federales y ella encargarse que el embu

as we switch over to a live view of traffic at warren road, stretches back to prior to warren road, it is barely moving. take york road as your alternate. going to be a while before they're able to clear that lane. >> thank you, sarah. an 81-year-old man is being acused of killing his 94-year-old roommate at a southern california nursing home. investigators arrested william mcdougal after finding the body of his roommate at the nursing home in the laguna hills area friday night. they say mcdougal took a metal bar from his closet and repeatedly hit the other man. they're looking for a motive and claim mcdougal doesn't have a criminal record. he's being held without bail. police in boulder, colorado, are once again looking into the death of 6-year-old jonbenet ramsey. the young beauty queen was strangled in december 1996. her body was found hidden in the family's home. now an advisory committee has recommended that investigators conduct a new round of interviews in the case. boulder police would not reveal any details, but one newspaper reports the ramsey family confirmed have contacted

there's a look at the old warren road as you are seeing carsú moving out therr. you want to reduce speeds at all possibbe this morringg.3 -s you check in and take a look at the beltway, you can see ttat cars are moving along prettyy3 fast on the outer loop. i encourage you to educe the speeds. we do have problems at parkville, watch out for flooding between putty hill at the beltwayyand the a traffic light that is attloch raven boulevard and east job pa road.3 ú%u can stick with easternn3 avenue as an alternate. a crash has shutddwn bel air road and. mooe flooding up in ecil county that has shutdown routee222 at happyyvallly road. we are dealing with a sinkhhle at anthem drive. %-you. a look at the commute, >>> from mount washington to3 forces roads and busineesee to close. this morning the road is still falling in some parts of the mmgan gilliland is in parts of the road where the flooding is clearrng up. cerrainly has subsided, but i tell you, we're still dealing with puddle out here. definite a a rain boot day for 3 lost youu eaded to worr this morning. as yo

the delays have not crept back to warren yet, but they may shortly as volume picks up. take york road again as your alternate. rest of the major roadways in pretty good shape, but they are slick this morning. that's the latest on traffic pulse 11. back to you. >> our big story this morning, a baltimore city police officer opened fire on three suspected during an attempted robbery. >> it happened on the family dollar store. kim dacey joins us live with the latest. good morning, kim. >> good morning, manipulatedy. police say the robbery was stopped by a good samaritan who acted quickly. police say that citizen was outside the family dollar store on harford road last night when they saw three armed masked men go inside the store. that person then ran for help into a nearby wendy's, where there was a city school police officer in uniform. that officer rushed to the store. the suspects saw the officer and ran outside of the store, where a confrontation occurred. >> the suspects engaged the police officer. we have some initial reporting that he may have fired a shot at the of

warren and bosley and bosley and delaney valley down treed. westbound northern parkway at falls and defective lights north charles at bellona. falls and smith avenue standing water in the road. gambrills and antrim a sinkhole we have been reporting. old mill and 170 another area where flooding is an issue this morning. much of the flooding has subsided. we are tracking mostly sink holes and downed trees. be careful as you continue to travel this morning. roads are still wet. we can give you a live view. this is outer loop at old court. heavier spots southbound 95 out of northeast we will switch to that. coming toward us is southbound traffic and from white marsh to the 895 split volume picking up and delays are falling into place. that is the latest. john has more on the forecast. s >> 61 degrees and cool. we have a couple of spots with a little drizzle or sprinkles. the avenue stuff has -- the heavy stuff has moved out. 61 degrees. barometer low and storm trying to pull away. the winds are northwest 16 gusting to 30. we will see blustery cond

we're looking at 83 and warren road. and we're getting the accident cleared and approaching the beltway in time. and there's a live look at 95 and whitemarsh. traffic's continuing to build and still moving at a good speed. and we'll find quality cars and trucks. and toyota, moving forward. now, it's time for manic monday. >> >> good morning, everyone, happy manic monday from fell's point. we have a great group from the first manic monday in october. the baltimore jr. academy national alumni association. we thank you for coming down and we'll talk to denise. denise, how are you doing? >>> i'm great, how are you? >> what grades? >>> well, pre-k through 8th grade. >> you have a famous graduate? >> the chaplain of the united states senate graduated from our school and we've had lawyers and doctors and recognizable mayors. en and the school is famous in graduating students. >> this is alumni week. you have a big event coming up. yes, all week long we're having events. yesterday was the pep rally and basketball game, go wildca

the things you see in the store and we show them what we should pay for there wasn't but that was the warren buffett oh aren't buffett oh right yeah well see he's a bonus because they did send china all kinds of little pieces of paper trillions of them and in the twenty first century currency war that's the ammunition of choice so america blue surely on wars in afghanistan and iraq buying hardware tanks missiles drone. bombers meanwhile john has been accumulating the actual ammunition news of the currency war which is currency yeah ok those little pieces of paper are currency but at the end of the day the currency war is about devaluing the well that currency that they hold and the headline on this three financier's offer terms to the rest of the world in the currency wars so this is from jesse's café american and he's saying anglo american financier's to the rest of the world we've got a gun to our heads better surrender so he's discussing a martin wolf editorial in. the financial times in which martin wolf says quote to put it crudely the us wants to inflate the rest of the world while th

we want to tell you we have a downed tree blocking lanes at warren road and bosley. watch for closures there. old bosley and delaney valley another downed tree. traveling at bel air and necker avenue the closures are in effect. jennifer franciotti will have more there in perry hall from necker to white marsh boulevard where the closures are. 42 miles an hour on the north side. a little slow on the west side around 795 at 26 miles an hour in the outer loop. another closure gambrills and antrum in anne arundel county and we have kim there that will report on that. if you are traveling there, watch for those closures due to another sink hole. so the big problems, sinkholes, flooding and downed trees. we will see what the maim roads are like. pretty good at harford. toward us is outer loop and no significant delays. now west side and so far looks pretty good down toward i-95. that is the latest on "traffic pulse 11." back to you. >> our big story, while it seems the remnants of what was once tropical storm nicole have passed we continue to feel the effects. >> as the wat

it stretches from frederick downtown leesburg and warren 10. -- down to leesburg and warren ton. this is the moderate showers, down in the potomac and parts of alexandria. pushing off to the east as well. here is the forecast. temperatures in the 60's right now, and clear skies and a sunny tomorrow. becoming breezy and cooler as well. the weekend forecast is looking good. >> looking forward to that. everybody is still talking about the miracle of the mine in chile. all 33 men are out of the crap quarters and the focus has turned to their physical and mental health -- cramped quarters and the focus has turned to the physical and mental health. pamela brown is calling the story. >> expectations have been exceeded every step of the way. the health minister says that demand's relatively good health is little short of -- the men's relatively good health is little short of an merkel and two are expected to be released from hospital. today the 33 miners enjoyed the first day of freedom. he was the group's leader before and after the catastrophe. he and forced tight rations of the limite

. >>> he we talked to warren buffett and asked him for investment advice. i'm going to bring that to you. you'll also want to listen to this guy mario armstrong. he says he has a way to make your kids more competitive in the global arena. we know american children have been falling behind in science, technology, engineering and math. mario can tell you how they can catch up. >>> and did you know that 70% of african-american kids, boys, cannot swim? i didn't know this. our "mission possible" guest marcellus wily is trying to change that. a former nfl star who has found a new field to work in. >>> first, sex, drugs, guns and the gavel. our lead story wouldn't get past the slush pile in a novel because it is so outlandish. but the people are real and the facts aren't alleged. a senior federal judge here in atlanta, jack t. camp is free on $50,000 bond after an fbi sting in which he allegedly tried to buy narcotics for his stripper girlfriend. camp who is 67 years old appeared on the wrong side of the federal bench yesterday at a hearing in front of a visiting

there in omaha nebraska in his pink cadillac and it's big for he had he's walking around omaha with warren buffett on a leash and a spike dog collar and they're like hey you know we want you to buy equities and bail us out of our bad stock positions don't buy gold that's for chumps. ok now prostitution is illegal in that state that guy should be in a cell right now with a bunch of very horny equity people who've been abused by his selections charlie munger is telling the ordinary person the one victimized by the central bankers who are destroying their currency destroying their savings destroying their capital their ability to form capital their ability to form wealth and then we go to c.m.d. see europe where they interview banker from cazenove bank and this is what he has to say about when asked why while the s. and p. in the dow are doing so amazing this year it's like their best year since one nine hundred thirty nine how do you explain this and this is what he says i think one of the reasons is water cooled permanent open market operation spear way about you're going to read more about

you know who and all those guys got wiped out by prostitutes like charlie monger and the pimps like warren buffet and they throw me in jail mediately that would be no trial i mean this is the problem you see the problem is a gold is going sky high because these crooks are running the system that's why gold is going higher because crooks are running the system the moment the gold starts to go down you'll know that maybe the crooks are going to jail but unlike the savings and loan crisis of the one nine hundred eighty s. where over a thousand bankers went to jail over a thousand bankers when did you know how many bankers have gone to jail as a result of this crisis. well that's why gold is going so high my friends if you want to get a play on the entire global economy being run by charlatans and and i run out of adjectives for this guy lunatics like charlie munger you gotta buy gold is that it that's what all the talk about that's all right the great thing about this gold coin is that it's also one hundred percent edible. thanks so much for being on the kaiser and for stacy arbor. i'll go i

. >> with some justification -- >> charlie: and at the warren court. >> and at the warren court. telling police what to do, telling states they can't ban abortion, telling states they have to integrate their schools. but what we have seen in recent years is conservative judicial activism. telling congress, "you can't ban -- you can't regulate campaign finance the way you thought. you can't -- state legislatures, city councils -- city councils, you can't ban gun control." you have the conservative wing telling democratically elected branches what to do. >> judicial activism is often in the eye of the beholder but one way of looking at it is did the court overturn legislation, is it stepping into the shoes of the congress or state legislature, did it overturn its own precedent and what we're seeing with the roberts court is they're not doing it any more than earlier courts did but when they do it, they do it almost uniformly in a conservative direction. >> charlie: what's the court going to hear? >> we have a couple of good first amendment cases coming up and they follow in a way a

warren road is closed as bossily also. and we have typical delays on the roads. this is brought to you by toyota. >>> we got the answer, "mash" was on the air for 11 years. here's coffee with. >>> well, it's great to have you here, adam. >> great to be here. >> you're waiting for the applause, aren't you. >> no, i see you got rid of that, after the power outage. >> give him a huge round of applause. >> this is the second time, we started the first outage and we had to do it again. >> we saw your finger going to the ear. >> is that canned? >>> they were live, they were live. >> i love it. >> nothing much, we're having a good time, "csi: miami." you having fun? >> yes, nine seasons in and we have a great time at work. how about that. >> that's incredible. >> yeah, i was 12 when i started the show. [ laughter ] >> give him a huge round of applause for that. >> yeah. [ applause ] . and did i just do this. is this allowed. >> i think i dated myself. >> i'm trying to think of other famous shows on for like that many years. human years was "mash" been on. >> seven or ei

heee is a lookkat warren road. you're looking at a qqick to the get way. ú%e jfx will remain clear on 695 downtown to east fayette street. a 5-minute ride from the fort ds! more bold flavor! more variety! more value! more of what you want... not what you don't. blue diamond almonds. (play-by-play announcer) it's up and it is... good! more than a snack. >>> we have aal heard oo service wwth a smieg smile, but if that smile is becauseeof the service is laughing at you. a new restturant i hoping to be thh next big attraction at tte as joel d smith shows us, it3 will only 3 thrive if thh summes have the right answer to the very first question. >> can youutake a jokk? p> be careful of your answer? >> what, whht? >> reporter: before here at dick's last resort, the jokes ú%d sar kasss sarcasm will come quicker3 than the ffod. p> who speaks english here? >> reporter: you're not safe outtide, either.ú >> a parker outside of this inner harbbo location will try anything to convince assersby to just try a taste. hungry.t fo

getting back to your point, the deference to capitol hill, the way he sneaks elizabeth warren in the side door was saying she is going to be my adviser but i will not but to get her confirmed, obama trust to continue to win a middle path that is satisfying no one, frankly. tavis: let me ask you what the average everyday american is supposed to think when they hear the wise men now tell them that the recession is over. >> obviously, very few people feel like it is over. even most economists agree that what we are in now is kind of a growth recession and that the economy is growing, but too slowly to replace those jobs. we need to get up to 3% growth to start to generate new growth. we have 9.6% unemployment. a lot of things are still going wrong, and this goes back to the same point. the stimulus was not large enough. the obama administration underestimated what would be needed. they did not use all of their political capital to fight for larger stimulus and allowed themselves to get diverted to other issues. i think the president at this point, midway through his term, has to really

here a live look at warren road. cars are moving alonn okay. it's going very, very slick. we do have down trees in the -rea.3 warren road is going to be shutdown at bossily avenue. as we can go back to the map, wú have another fallen tree that shutdown boss lee avenuily at y vvlley road. and more flooding in cecil county. route 222 is oing to be shutdown t happy valleyyroad. that's a look at the traffic edge. pattice,,let's ssnd it back to you. yesterday and well into the overnight hourss all over the city heavy rainn3 forced businesses anddstreets to close. in morning some are slowll we ú%ening. megan gilliland is live at fells point wwere residents aree3 crossing their fingers that all of this rain is one. >> reporter: good morningg what a difference a day can ú%ke. take a look at teels point. -- fells oint, the flooding has subsided but this is a day that yoo wiil wear the rain boots out here. when you're walking across the streets, you will be walking through and dealing with deepú ppddles thaa are still filling in.ú the bad news, a that rain is still falling, a l

. >> woodruff: jeffrey brown has a newsmaker interview with elizabeth warren, the new head of the consumer financial protection bureau. >> lehrer: special correspondent fred de sam lazaro reports on the dispute over water resources in the middle east. >> 98% of the historical flow of the jordan today no longer flows. we're left with this very, very sad sight. >> woodruff: science correspondent miles o'brien has the story of today's nobel prize winners for physics. they developed graphene, the thinnest yet toughest material known. >> lehrer: and we talk to philanthropist melinda gates about the push to improve job training programs at community colleges. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: the man who tried to set off a bomb in the heart of new york city will spend the rest of his life behind bars. the formal sentencing came today in a federal court in manhattan. faisel sh

>>guest: right now, somebody would makes $10 million or $1 billion, warren buffet contributes the same amount into the social security trust fund as somebody would makes $106,000. that is wrofng. if you raise the cap and start at $250,000 and you have people pay in what they should pay in that problem would be resolved. >>neil: i want to be clear, senator, you are open to doing things now. you are open to doing something to keep this --. >>guest: the answer is yes but social security is not in crisis. medicare is. social security is not. is not. >>neil: i want to be clear, senator, because you are direct, but what you are not saying is in the debt commission comes out with recommendations and i don't what the report will be that it presents and they have social security, at face value, do you say, well, go to hell. >>guest: this is what i think: the deficit and the national debt are serious issues. there are ways to address that serious issue in a fair way fair to the middle-class and working family. there are studies that suggest every single year our friends in corporate america and