Morell provided Intelligence Briefings for president obama, and in his first tv interview, he gave us a briefing on syria and what that complicated civil war means to the United States. In the broadest sense, where is this syria thing going to take us . I fear the breakup of the state of syria. The collapse of the central government. Sectarian warfare, opportunity for al qaeda to have a safe haven. Kroft if you want to know what legalized marijuana might look like, the place to go is colorado, which has the most developed medical Marijuana Industry in the country. When patients arrive this is where theyll have to put their registry card and drivers license to gain access to the actual Marijuana Center itself. Kroft you can smell it. Its not a joking matter. 20 states have legalized marijuana for medical use, and in some cases as a way to raise money for their cashstrapped state budgets. All of those people are violating federal law. Exactly. Im steve kroft. Im leslie stahl. Im morley s
And that will tend to be supportive of the economy. So that has an automatic stabilizertype effect. It offsets adverse shocks. Reporter as it turns out, the fed expects the Unemployment Rate to fall below 6. 5 until 2015, exactly when the fed said a few months ago it expected to begin raising Interest Rates. So this isnt much of a change in policy. Bernanke also said the central bank will continue buying bonds, 85 billion a month, to help bring down Interest Rates and boost growth. And the fed plans to keep doing that until the labor market shows a solid pickup or there are other signs of trouble. If future evidence suggests that the programs effectiveness has declined, or if potential unintended side effects or risks become apparent as the Balance Sheet grows, we will modify the program as appropriate. Reporter the fed will also look at broader measures of the labor market including the hours people are working and payroll growth. But the Unemployment Rate target still raises some con
Supportive of the economy. So that has an automatic stabilizertype effect. It offsets adverse shocks. Reporter as it turns out, the fed expects the Unemployment Rate to fall below 6. 5 until 2015, exactly when the fed said a few months ago it expected to begin raising Interest Rates. So this isnt much of a change in policy. Bernanke also said the central bank will continue buying bonds, 85 billion a month, to help bring down Interest Rates and boost growth. And the fed plans to keep doing that until the labor market shows a solid pickup or there are other signs of trouble. If future evidence suggests that the programs effectiveness has declined, or if potential unintended side effects or risks become apparent as the Balance Sheet grows, we will modify the program as appropriate. Reporter the fed will also look at broader measures of the labor market including the hours people are working and payroll growth. But the Unemployment Rate target still raises some concerns. The Unemployment R
When patients arrive, this is where theyll have to show their patient registry card and their drivers license to gain access. Kroft mmhm. To the actual Marijuana Center itself. Kroft you could smell it. laughter its not a joking matter. 20 states have legalized marijuana for medical use. And in spite of federal laws, in colorado on january 1, marijuana goes on sale for recreational use, too. Safer nineyearold quarterback travis endicott, one of Steve Clarksons newest students. If hes good enough by the ripe old age of 12, he may be offered a divisionone College Football scholarship. Are they looking at seveneight yearolds, nineyearolds . You know, without question, it has happened. Safer these wannabe Peyton Mannings are inspired by their professors clarksons alumni a roster of nfl quarterbacks who spend part of their offseason dishing out expertise to an awestruck platoon of undergraduates. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im scott pelley. Those stories
Susie good evening, everyone. Im susie gharib. A surprising pledge from the Federal Reserve today. It will keep Interest Rates super low until unemployment drops to 6. 5 . Tom good evening,. Im tom hudson. The central bank also will continue buying billions of dollars of government bonds in its effort to keep Interest Rates low. Pimco c. E. O. Mohamed elerian will join us. Susie and the Legal Marijuana business two states okaying it for Recreational Use. We talk with one company profiting from medical marijuana products. Tom that and more tonight on n. B. R. Susie an historic move today by the Federal Reserve. Fed chairman ben bernanke and other policy makers said they will keep their key Interest Rate near zero until the Unemployment Rate falls below 6. 5 or inflation rises to 2. 5 . Now, this is the first time the fed has set a clear economic target for how long Interest Rates will stay at record lows. The surprise decision means the central bank will continue stimuting the economy b