of full retirement, which over a lifetime could cost him as much as $2 million in retirement pay and benefits. and mark madoff hung himself saturday morning in his manhattan apartment two years after his father was arrested. his attorney says he will stage a private service at his prison in north carolina where he s serving a 150-year sentence for fraud. and prime minister berlussconi won back to back votes. he s been battling sex scandal after sex scandal against his aides and a breakup with a close political ally. and an illinois bus driver quit after video surfaced on youtube showing his bus running over a snowman in the middle of
fewer young people to put money into pension systems, so, basically, disaster brewing. that s why los angeles mayor antonio villaraigosa announced a overhaul pension plan that would cut retirement pay and hike health care costs for anyone hired after next july 1st. make them work longer to qualify for benefits, too. literally dozens of u.s. cities including baltimore, san diego and naples, florida, are seriously looking at pension reform. south of the california border a motherload of pot is seized in tijuana. one of the biggest pot busts ever. police seized 10,000 packages of marijuana and 105 tons worth all headed for the u.s. estimated street value, $344 million. the packages were found stashed in a warehouse and the drug traffickers didn t give up easily. police took down 11 people after a shootout with authorities.
r rizzo, city manager for 17 years, he has resigned. but that doesn t seem all that painful given that he is getting a $600,000 pension. can anything be done about that? apparently nobody is going to be able to touch that estimated $600,000 a year retirement pay that he will get. it just seems at this point officials from the state and local levels are saying, you know what? we don t think we can do anything about that. what is the best thing that the attorney general, gubernatorial candidate jerry brown in that state, can to about this situation? even jerry brown isn t sure where this situation will lead. he is running for governor, but he will make all of the hay out of it he can. but at this point, with some tactics being legal, it s hard
video from stockton high school, where students are protesting budget cuts. of course the governor has said the system is simply unsustainable and that these cuts need to happen and that teachers need to get more realistic about retirement pay packages and the like but this is a fascinating scene, we re going to keep a close eye on this development. bill: they coordinated this through the internet, through the facebook pages which everyone apparently has. martha: and the 18-year-old said that students are apathetic, they said let s show them that s not the case, and let s come out in force, and so far, they are responding. bill: in the meantime, martha, we ve got this brand new picture, a videotape showing the suspected christmas day bomber, seems to prove he was in fact working alongside al-qaeda terrorists in yemen all along, abc news obtaining the video which shows training with al-qaeda in yemen, abdulmutallab wears a head scarf, holds a machine gun in this shot, he s charged with
prosecution referral. he can try to hire every lawyer. he can try to do everything he wants to. but it will not do away with the facts he was fired for lying to the fbi. and now he is just trying to confuse the facts with the process as to how he was fired and that type of thing. the question is not how he was fired, what the process was. the question was why he was fired. and that is the issue, and he was fired for lying. harris: you know, in the very last days of his employment, that thing about his retirement pay, and pension and all that kind of stuff came up. but the bottom line is he is a government employee. so he will get some of that cash. why deal with it this way with the lawsuit? what is the end goa i t the end goal is probably to try to get everything. i don t know what he will lose. what he will not lose. at s not really my wheel house. he is trying to confuse and