Good evening, welcome to kqed newsroom, im scott schafer, thuy vu is off tonight. As colorado and washington surge ahead, polls show a growing number of americans support legalizing pot. Four years ago, california voters rejected a statewide ballot measure to legalize Recreational Marijuana use, but plans are under way to put the question before voters again in 2016. Governor jerry brown opposes the idea, but Lieutenant Governor gavin newsom is chairing a task force to study the issue. Thuy vu spoke to him earlier. Lieutenant governor gavin newsom, welcome to the program. Good to be here, thanks. Well, you did not take a stand in californias prop 19 four years ago, a measure that would have legalized cannabis. Voters rejected it. Why are you supporting legalizing marijuana now . Prop 14 i was a coward, i didnt give it a lot of thought, i tried to get excuses. There were parts i legitimately would not argue for today that could have created a real patchwork that was difficult, but i adm
Small cars to the test and its prompting concerns for auto makers. Why bringing in goods from overseas may be the only way for some Small Businesses to survive and thrive. Well meet one owner whose putting the made in america slogan to the test as our special series continues tonight on nightly Business Report for thursday, august 8th. Good evening everyone. Our top story tonight, banks under fire. Remember those controversial Financial Products that were at the center of the financial crisis . They are back in the spotlight, and so is jp morgan chase. The bank revealed its facing two investigations by the department of justice, both criminal and civil involving the sale of Mortgage Backed securities. As jackie reports, jp morgan isnt the only one under scrutiny as they ramp up investigations of the largest banks. Reporter the government is turning up the heat on banks about their dealings with Mortgage Backed securities. In a filing yesterday its the target of parallel, civil and crim
Difference is we are 24 7 so that right now journalists dont have much time at all to go deep. There never was a lot of time to explore and be thoughtful but now it is all about breaking news. That is of big difference. There is also not a lot of opportunity for journalists to learn and grow and become more proficient and more knowledgeable. I think that is the difference now too. Was there something you heard from all even journalists that resonated why they left the profession . I think most of the mcnall of them said basically i wanted to do more and do less. Would you ever come back to journalism . If so what would you cover . I am not sure. I love writing, i love writing books. It is more likely i would do another book. If your are a former journalist interested in the profession, celia wexler is author of Pointe Du Hoc out of the news. Now Ricardo Cortes talks about attempts to prohibit the use of coffee and coca in the u. S. And around world. Ricardo cortes describes secret deal
Nobody runs their household that way. The State Government dont operate that way, but we are totally incompetent when it comes to spending americas taxpayer money. Why would we continue to a 32 billion a year on i. T. Programs that dont work for the federal government. But 60 of what they take out of the pentagon and thats governmentwide. Why would we do that . Were going to have a special Senate Committee to look at this, oversight, look at bad actors in government and demand the people get fired in the company is not performing pay the money back. None of that happens. So you can defraud the federal government. You can do it with impunity and thats because members of congress are basically not willing or inexperienced to not know you want to hold people accountable for what they say theyre going to do. Whether its a federal employee, procurement employee for the company provided. Thats just one example that happened this week. Host what is the business started . Guest my father was i
Makers. Why bringing in goods from overseas may be the only way for some Small Businesses to survive and thrive. Well meet one owner whose putting the made in america slogan to the test as our special series continues tonight on nightly Business Report for thursday, august 8th. Good evening everyone. Our top story tonight, banks under fire. Remember those controversial Financial Products that were at the center of the financial crisis . They are back in the spotlight, and so is jp morgan chase. The bank revealed its facing two investigations by the department of justice, both criminal and civil involving the sale of Mortgage Backed securities. As jackie reports, jp morgan isnt the only one under scrutiny as they ramp up investigations of the largest banks. Reporter the government is turning up the heat on banks about their dealings with Mortgage Backed securities. In a filing yesterday its the target of parallel, civil and criminal invelst gages. The probe relates to low quality mortga