Spend on social media . Ray suarez has some answers on the daily download. Take a look at this, the Obama Campaign spent 47 million on digital sending. And the Romney Campaign spent 4 my 7 million. A 10 to 1 gap. Woodruff thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by computing surrounds us. Sometimes, its obvious, and sometimes, its very surprising in where you find it. Soon, computing intelligence in unexpected places will change our lives in truly profound ways. Technology can provide customized experiences tailored to individual consumer preferences, igniting a world of possibilities from the inside out. Sponsoring tomorrow starts today. Bnsf railway support also comes from Carnegie Corporation of new york, a foundation created to do what Andrew Carnegie called real and permanent good. Celebrating 100 years of philanthropy at carnegie. Org. And with the ongoing support of these institutions and foundations. And friends of the newshour.
New york city today to send a tough message back to washington get your act together. He urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be a very good one for the economy. Ben bernanke didnt endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. He said an agreement on ways to reduce longterm federal budget deficits could remove road blocks to growth. On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said
Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose we want to talk about facebook, social media and the digital revolution. Ken auletta is here, he writes for the new yorker magazine. His column the annals of communication extensively covers the tech giants of Silicon Valley. In july he wrote a profile of Sheryl Sandberg called a womans place can Sheryl Sandberg upend Silicon Valleys maledominated culture . Tonight well look at where facebook stands, the recovery from the highly disappointing i. P. O. , the move towards mobile technology, the enduring concerns about privacy and the competition with google. I am pleased to have ken auletta back at this table to talk about that before we show you an interview i did with Sheryl Sandberg and Marc Andreessen whos on the board of facebook. We begin with this question, though. Where is facebook today after all the controversy about that i. P. O. Theyre in a very strong position. Theyve go
On the other hand, going over the cliff might mean a recession. On top of that, worries about a deal were already causing trouble. Uncertainty about how the fiscal cliff, the raising of the debt limit, and the longerterm budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. Susie wall street and Business Leaders were pleased that bernanke was talking tough. And they said the feds role in the fiscal cliff negotiations is to communicate. Tell the world and the individuals in the political establishment that they have to help get their act together or we have a problem, and that notion of preaching from the pulpit that he has is very fundamental. Susie is there another role or more of a role for the fed . I think to be a cheerleader and to be on the sidelines telling the government they have to do what is right for the public. Susie as for what the fed can
Lying to congress. That was the admission today from b. P. Two and a half years after the deepwater horizon disaster in the gulf of mexico. That disaster killed 11 people and led to the Worst Oil Spill in u. S. History. In its guilty plea, b. P. Said it deeply regrets the loss of life and almost five Million Barrels of oil that into the gulf. Darren gersh reports. Reporter Justice Department officials hope todays settlement and criminal pleas will bring justice to the families of the men who died when the deepwater horizon exploded. Perhaps the greatest tragedy is that the deaths of the 11 men on board the deepwater horizon could have been avoided. The explosion of the rig was a disaster that resulted from b. P. s culture of privileging profit over prudence. Reporter b. P. Has agreed to plead guilty to 11 counts of felony manslaughter and one felony count of lying to congress. In addition, two b. P. Supervisors on the deepwater rig have been charged with 23 counts of manslaughter. Anot