Much differently now. The plight of women in abusive relationships. There were all kinds of feminist protesters going snip, snip, snip. If she had just stabbed him to death, we never would have heard of her. Tainted love its been through the ringer. What do you need . Mark. John, are you okay to do the interview without your glasses . Can i read the questions first . No, you cant read the questions first why . cause thats not how it works. Its all a matter of what you believe. You know, i want people to understand the story, the whole story. The truth to the whole story. The whole story was a coverup. The whole court case. Lorena getting off on her charge was a big coverup. Okay. Go for it. Well start where you want to start. What was a coverup . Its one of the most talked about stories of the year. The case has struck a nerve. The sordid details of a marriage gone berserk. The bobbitts could only get more attention if they were starring in a tv movie. This case wont go away. It contin
This asymmetry suggests its appropriate to be more cautious in raising our federal funds rate than would be the case if shortterm nominal Interest Rates were appreciably above zero. Reflecting these concerns we have maintained our current policy stance even as the labor market has improved appreciably. However we must also take into account the welldocumented effect of Monetary Policy. Were the fomc to delay the policy normalization for too long we would like he likely end up having relatively abrupt rates to keep the economy from significantly overshooting both of our goals. Such an abrupt tightening would risks disrupting Financial Markets and perhaps temperament percy economy into recession. Moreover holding the federal funds rate in its current level for too long could also encourage fixed since it was taking and undermine financial stability. On balance, economic and Financial Information received since our october meeting has been consistent with our expectations of continued imp
S it he a place where tourists and pilgrims gather on a daily bases. Any idea the reaction of the people among the street or in the plaza . Reporter oh, yeah. We spoke to a number of people here. They saw all of the cameras charging over them. They were there to visit st. Peters square on a quiet monday morning as the tourists do here. They asked us what is going on. Nobody really got the news. When they told them Pope Benedict xvi was redesignisignry didnt know. Actually, he can, but obviously, no pope has done that for 700 years. So no wonder people are aware of that. For now on that may change the course of the Catholic Church in the future as well as Pope Benedict xvi is setting an example. If you dont have the strength to carry on let someone younger and more strength to carry on the mission. It certainly is a monument ool announcement. Claudio, thank you very much. This morning we spoke with greg burke the senior communication adviser to the holy see in rome. We began by asking h
Morning. Im matt lauer. And im savannah guthrie. Cant say that this is unprecedented for a pope to just step down, but you have to go back 1600 years to find another example of it. Pope benedict xvi announcing he is stepping down as leader of the Catholic Church. Huge news for the worlds 1 billion catholics. And noncatholics as well. The 85yearold pope made the announcement moments ago, saying his strength is no longer adequate to carry on his duties. In a moment well talk about the decision with Timothy Cardinal dolan, the highest ranking catholic here in the united states. Claudeio is in rome. This morning, would you say this is total surprise . Reporter matt, this was total surprise. Always clear that Pope Benedict xvi was getting weaker by the month. Every time we saw him coming out on official celebration, he did look weaker and weaker, but then he again he is an 85yearold man. John paul ii before him was even in worse shape and he did not resign. Nobody was really expecting him t
Unprecedented for a pope to just step down, but you have to go back 1600 years to find another example of it. Pope benedict xvi announcing he is stepping down as leader of the Catholic Church. Huge news for the worlds 1 billion catholics. And noncatholics as well. The 85yearold pope made the announcement moments ago, saying his strength is no longer adequate to carry on his duties. In a moment well talk about the decision with Timothy Cardinal dolan, the highest ranking catholic here in the united states. Claudeio is in rome. This morning, would you say this is total surprise . Reporter matt, this was total surprise. Always clear that Pope Benedict xvi was getting weaker by the month. Every time we saw him coming out on official celebration, he did look weaker and weaker, but then he again he is an 85yearold man. John paul ii before him was even in worse shape and he did not resign. Nobody was really expecting him to resign or abdicate, as was said in a previous conversation. So, it di