All right, this hearing will come to order. Today we revisit the tragic management failures at General Motors that killed people. First i want to acknowledge in my opening remarks then from my viewpoint the ceo of General Motors, mary barra, has stepped up and with courage and conviction has confronted head on the problem and the Corporate Culture that caused it. Some see the Record Number of recalls at General Motors as a problem. I see it as a good sign. Second, i want to briefly say that i think i speak on behalf of all members of congress who have asked very difficult questions surrounding these tragic events that while we are asking tough questions, we have Great Respect for the workers of General Motors. I would like to take this moment to thank the workers at General Motors. You are terrific. You build good cars. And you are also the victims of outrageously incompetent management. Management was the problem here, not the workers. The valukas report ive spent some time with. I fi
Stocks and stories making headlines today. Peter cook with three big names, buffett, gates, and adelson foring to four pushing immigration reform. Michael, what do you have for us . Bring have that said bank president. Third of the day. Welcome to the program. I will put you on the spot right away. Fedpresident of the chicago told us first thing this morning that inflation is too low, and we shouldnt think about raising it Interest Rates. Says inflationd is too high and we should raise Interest Rates. Quickly. You get the george w. Bush role, you get to im the one that gets say the porridge is just right . I think it is early to make such a call. I welcome the firming of rates that we have seen in the last very few months. The last few readings. Numbers make a trend, and its the trend that we want, the sustainability of inflation around 2 it remains to be seen. Im not sure. I want to watch the numbers for a while. Determine whether this is going to hold. Certainly, if we look back over
They taught us their language and stuff. We met the Australian Team taking full advantage of their new found celebrity including taking selfies and flirting with american girls. Its actually amazing. Great to be with your friends and ones from other countries. Learn their language. Just a real pleasure. Reporter these kids came from japan taking nearly two days to get here. They may speak another language but threw an interpreter its clear these kids are having fun. Great fun for me to see many friends from all over the world. Reporter theyre favorite part high fiving other players. Apparently they dont do that in japan. Their coach says baseball is important but its all about the experience. In japan we have only one coach in the country so International Culture of people. Very very important forwhy they will life and future i think. Reporter perhaps the most colorful team, mexico with diehard fans including a local mexican family that hosts the players for dinners. We actually try to
Convenience store. Youre looking at what happened just before an officer shot and killed the 18 year old. That death has led to days of protests, riots and violent clashes with police near st. Louis and tonight we know the name of the Ferguson Police officer who fired. Good evening, im lucy noland. Im iain page. The teens family says authorities are attacking the victims character. Shawnette will sorry here with the controversy. Top Law Enforcement say the officer who shot the teen to death is Darren Wilson six year veteran of the force. Police say with no disciplinary problems. Meanwhile browns family is upset about video released showing their son moments before he was shot. We believe the most important thing, not any kind of pictures, is what happened that particular day in the middle of that street as that officer killed mike. Lets not lose focus of that. Attorneys for the family of 18 year old Michael Brown say the family questions Law Enforcements decision to release this Survei
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