the investigation and we could get new details, the latest on what they are learning about this crash. in terms of what we know right now, john, the latest we heard is the cockpit voice recorder has been located and is being examined as we speak. french investigators say that it was badly damaged but that they still are very hopeful they ll get valuable information from the inside from those computer chips inside. let s discuss all of this and what we know and specifically what remains such a mystery. let s bring in richard qwest, host of qwest means business who knows this industry so well and also mary schiavo. so, richard, there are so many questions that remain right now. one i think is burning question today when we start to get idea of the time line of what happened with the plane, why no distress call in eight plus minutes at the very end of this flight?
on jeff bezos. billionaires buying up newspapers. should we be worried? should we be optimistic? richard qwest is the host of qwest means business and he does mean business. let me start with you. you wrote a great piece talking about why you are so optimistic that jeff bezos is buying the washington post. you think it s a terrific match. other people are not so optimistic. one critic wrote great journalism has been hijacked by the powerful to spread their personal ideology. explain to me your case. why is this a match made in heaven? as you have just seen great powers hijacking newspapers or owning them and pushing their own agenda is nothing new. the people i have spoken to at the post say the paper needs a technological revolution and has to make the leap into the digital age. it s been behind the curve. their business model is broken. if there s a guy out there that
factory floor asia has fewer things to manufacture. china, an economy second in size only to that of the united states, or of europe, has slowed. india has slowed, too. that means more than 2 billion people in the fastest growing nations in the world are buying less. this is one big storm. what is america doing about this storm? well, we ve got umbrellas. what we need are hurricane shelters. but you can t go out and build an economic hurricane shelter yourself. that s something you need help with. government help. congress, for instance, could help stave off the effects of the storm, but they won t because that would mean being honest with you about things that are getting potentially worse and not better. and that kind of talk doesn t win elections, so congress sticks to what it does best these days partisan bickering and blame. and then, there s an entirely different storm brewing in washington. not the election, it s the so-called fiscal cliff. series of tax increase
increase of 13% if our tourism tax numbers. reporter: all of that in the middle of a recession? absolutely. we are open for business. reporter: some say the surge is because the blues speak to folks in hard times. some say because people here are doing a better job marketing their attractions. bill luckett and owner of the grounds zero blues club, he says, whatever the cause, the results are undeniable. reporter: how important do you think that is to building up this part of america in these hard times? we have lost a lot of our factories, a lot of our base manufacturing wise. blues music and tourism and interest in blues music is replacing that as an industry. reporter: according to lore, the great blues man, robert johnson, met the devil at this crossroads and traded his soul for the gift of music. that s just a legend but this is a fact. the tourist attraction used
half go to workers and the last go to dependents. so we basically have a system that short shifts employment based immigration. let s bring in my colleague, richard qwest. he s the host of qwest means business. most countries have the very debate going on in the united states to some degree. do you get some sense in all of your travels that some places get it right, the kind that actually supports their dynamic economies? not really because of the discrepancy you were talking about, the highly skilled and the manual leader. it s exactly the same in the european union where there s but bn a huge migration of workers from the new eastern countries of the eu into the western