Transcripts For CNNW CNN Newsroom 20111006 : comparemela.com

Transcripts For CNNW CNN Newsroom 20111006



the senate vote will just end in the same gridlock that we seem to be getting used to? >> the way the legislation is put forward, the entire package that the president has put forward is not going to pass, not going to -- probably won't pass the senate. certainly won't pass the house of representatives where the republicans have a lopsided majority. elements of it are popular if they break out certain parts of it and find a way to pay for those popular parts. some of it could be passed but the package as a whole is dead on arrival, it is not going to get passed. and now that the president has come out and endorsed what some liberal democrats in the senate are proposing, specifically a surtax on millionaires, that's not going to go anywhere among house republicans and many republicans elsewhere so the president has got his problems right now. >> it certainly sounds like it. let me just play something else that the president said and i want to then talk about it with you. >> this jobs bill is fully paid for by asking millionaires and billionaires to pay their fair share. >> president obama, wolf, insisted that this isn't class warfare, just the simple choice. i mean obviously the republicans have said it is class warfare. he seems to be trying to turn that around on them a bit. but what do you think? >> well, there are tax cuts, a lot of tax cuts, that the president has in there for middle class families, for veterans and others. that certainly is not class warfare right there but he does want to pay for a big chunk of this by increasing taxes on the wealthiest americans and now he's endorsed for all practical purposes as i said, this proposal for a 5.6% tax surcharge on income over $1 million a year. republicans are going to say they're not going to go along with that. they say they are in favor of tax reform but it's got to be wide ranging and sweeping. you can't just start to tax especially during economic tough times what they call the jobs providers, people who are out there creating jobs, investing money. if you start increasing taxes on those people, and they already pay high income tax already, it simply is going to hurt the overall economic recovery. so you're going to have a fundamental debate. american public is with the president on this, if you believe the polls, because they think that millionaires and billionaires should be paying more in taxes. but it is going to be a tough sell for a lot of the republicans and even some moderate democrats. >> yeah, it certainly sounds like it. it is not going to be easy. wolf blitzer, nice to see you. thank you so much. >> thanks, randi. from hong kong to europe, and across the u.s., the world pays tribute to steve jobs. you are looking at vigils being held at apple stores. jobs died at 56 but he leaves a legacy of innovation. joining us from pasadena, california, cnn's casey wian. he's outside one of those apple stores. casey, what's the mood like there? >> reporter: well, good morning, randi. this is 1 of the 327 apple retail stores around the world, responsible for about 15% of the company's annual sales. store just opened for business this morning but all night long people have been coming here and leaving their tributes to steve jobs. you can look at some of them here on apple stickers, thanks for all the magic. we'll miss you, steve. and one note that was posted here -- don't be sad because it is over. smile because it happened. back over here closer to the entrance of this store we've seen some folks have left flowers and someone has even left a card for steve jobs. we spoke with man just a little while ago who is an audio engineer and a musician. uses apple products all the time. he's been using them since the 1980s. here's what he had to say about the passing of steve jobs. >> the thing that moved me so much was that commencement speech that he made. just how to live your life knowing that we're all going to die. you need to just step up and not worry about people's opinions of you and people's reactions to what you do. that was just amazings. and it shows in his work and what his legacy is. it is beautiful. >> reporter: he also said what a lot of people are saying, that steve jobs is going to be sorely missed by apple but customers believe that the company has been left in good shape, in good hands by steve jobs and that the new management will be able to continue his legacy, continue his tradition and continue this company's amazing success. randi? >> all right, casey wian, thank you very much for that reporting. we'll continue our special coverage of steve jobs, the visionary, at 1:30 p.m. eastern with ali velshi. well, if you are expecting a major wall street reaction to steve jobs' death, it didn't happen. and if you thought the death of apple's visionary leader would really hurt apple stock, well that doesn't seem very likely. it was off just a bit at the opening but has traded higher much of the day. moments ago it traded at $377 and change, down less than $1. our alison kosik says the market and shareholders had plenty of time to prepare for jobs' death. his successor worked with jobs for about a decade and is well equipped to take over the company's reins. espn says it has severed its relationship with hank williams jr. that means his rockin' intro to monday night football won't open the broadcast anymore. his song "all my rowdy friends" had been the program's theme song for 20 years. the fallout followed a comment williams made comparing president obama to adolf hitler. he apologized for the poor analogy but the damage was done. williams issued his own statement suggesting he dropped espn for stepping on the toes of the first amendment, adding it's been a great run. much of the anger fueling those wall street protests is aimed at big banks and the biggest bank of america has come out swinging. its ceo brian moynihan defends the new $5 fee on debit cards saying his bank "has a right to make a profit." the fee doesn't kick in until next year giving customers plenty of time to get used to the idea. moynihan says they'll understand. "i have an inherent duty as the ceo after publicly owned company to get a return for my shareholders." now that we know sarah palin isn't going to run for president, what will she do? simple, what she's been doing all along. stay in the public eye and help elect the person who she thinks can beat president obama. she says she can be more effective in that role. the former alaska govern he and long rumored candidate fortd gop nomination says she'll support those who will fight for smaller government, a strong economy and help the private sector create jobs. in yesterday's announcement that she's not going to run, palin said, "my family comes first." a pretty strong earthquake hit extreme northern argentina near its border with chile and bolivia today. seismologists measured it as a 6.2 magnitude quake. the nearest large city is salta, a 87 miles from the epicenter. no initial reports of serious damage or injuries. that part of argentina is mountainous and not densely populated. remembering the man behind the movement. steve jobs' life was all about innovation, determination and strength. we'll get a peek at a side of steve jobs many didn't see. that's coming next. 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[♪...] >> male announcer: now, for a limited time, your companion flies free, plus save up to 65%. call 1-800-sandals. conditions apply. some say the iphone changed the world forever, but really, it was steve jobs. >> -- products in people's pockets. dorms. book bags. you know? he's reach everywhere. so i think everyone has a little bit of steve jobs in them. >> he didn't set tout change the world. he set out to do what he loved to do, right? it just so happened he was so passionate about it that he ended up changing the world and the way we interact with media. >> our next guest knows this all too well. joining us live from san francisco is the former senior vice president of apple, jay elliott. jay, thank you so much for coming on the show today. you were jobs' right-hand man while working at apple. looking back, what is your fondest personal memory of working with steve jobs? >> well, steve was a very unique person. it is unfortunate what happened to him obviously. i feel really sad about that. but he was the kind of guy that was intense but he had two parts of his life. the products he built but his private life, most people know nothing about, was very personal, but very unique. he was the guy that we would laugh, we would have fun but he wasn't the guy that went out and had a beer or went out and talked about a football game. it was much more about life and about certain things that were going on. so it was a very personal private life which is the way he lived his life. >> from what i understand, even as he grew more sick, he worked even harder. sounds like that wouldn't surprise you. >> no. he was -- his intensity to make the world better is what it was all about. through his products. it is amazing to me the outpouring of people today that are putting flowers by stores. think about that. no other ceo in the history of the united states has had this kind of recognition. that's because people loved -- they loved the products and their they love him. tws an amazing phenomenon. >> how did people you know and people that you've work with and that steve jobs has work with, how did they react to his death? >> i think, like i did, i was driving home with my teenage home from high school and i had to pull the car over because i got into tears and i knew it was coming. i even -- somebody had asked me about a month ago what i thought. i said he is very sick and i believe he may not make it through october so we all knew that but the reality is it just took our breath away. it was just -- it is just something that we're lost and its -- we're not going to find another steve jobs, i believe, for a long, long time. >> when you think about his legacy in the corporate world, in life, what will it be? >> it will be that he was so intense on providing products that he loved, that you were going to love, that he left the legacy that everything he produced was an upgrade of the last thing he produced and it got better. and it made your life a lot better for using it. that's what he was all about. he wanted to change the world and he certainly has. and i felt when he did his last presentation in cooper teen know about his new building, i sort of felt that was his last -- that was his last gasp because he always loved to have a building like that and that is what his last sort of legacy for apple. >> he seemed to enjoy what he did so much and when you think about how people really -- so many people probably learned of his passing, learned of his death on a gadget that he may very well have created, what do you think he would have thought of that? >> he would have been absolutely thrilled because he would love to have everybody in the world be able to access information. think about this also. he provided products that went from 9 years old to 90 years old. he provided everybody in the world the ability to have access to information and technology that they never would have had access to. i think that was -- what you just said about people on these products, he would have been thrilled about that because that's really, really what his bottom line, what really steve wanted to make happen. >> i know he loved to create but do you think he realized the impact that he had? did he ever talk about that or was he pretty modest about it? >> he was pretty modest about it but he did -- again, his whole thing was i want to change the world but his whole thing was i want to make technology vanish. i want it to be seamless that people are getting what they need out of life, getting information they need, getting advice they need, getting connection they need. his whole thing was about that. that's what the other world has to learn from him is that technology is great but it is really about what you do with it that is really important and how it is going to change the world. that's really the bottom line. not sure he understood the impact he would have but that's the impact he wanted. >> in your book, jay, "the steve jobs way," what is it you hope to teach people about steve jobs? what did you want all of us to know? >> what i want you to know is that it is all about the product. it's about your company, if you're going to build a company, it is all about the product. hopefully you got to have a product you personally love yourself and you really understand its impact on who is ever going to use it. the organization of the company, the way you innovate, all that is around one thing called the product. that's what i want people to really understand, that's really the steve jobs way. >> jay elliott, we appreciate you coming on the show. i know you miss your friend and this is a very difficult time but thank you for your time today. >> thank you very much. we'll continue our special coverage of steve jobs at 1:30 p.m. eastern with ali velshi. the co-founder of apple is survived by his wife and children eve, erin, reed and lisa. steve jobs was 56 years old. a form of human cloning unlocks a new approach to stem cell krresearch. what this could mean from those suffering from diseases like alzheimer's and parkinson's. but first here's a look at stories you're watching on cnn.com. an accident doesn't have to slow you down. with better car replacement, available only from liberty mutual insurance, if your car's totaled, we give you the money to buy a car that's one model-year newer... with 15,000 fewer miles on it. there's no other auto insurance product like it. better car replacement, available only from liberty mutual. it's a better policy that gets you a better car. call... or visit one of our local offices today, and we'll provide the coverage you need at the right price. liberty mutual auto insurance -- responsibility. what's your policy? the pathologist who conducted the autopsy on michael jackson and ruled his death a homicide could take the stand today in the trial of dr. conrad murray. jurors may also soon hear the two-hour interview murray gave to police two days after jackson died of acute propofol intoxication. in addition, the la police officer who questioned murray is expected to testify that the cardiologist said he had been giving propofol to jackson regularly for two months to help him sleep. murray's charged with involuntary manslaughter in jackson's death. potential break-through to report today in stem cell research. scientists have injected dna from a skin cell into an unfertilized egg applying a cloning technique similar to those used to clone dolly, the sheep. it is designed to create patient-specific embryonic cells with the patient's own dna for future use in cell replacement therapy. ultimate goal is a cure for diseases like alzheimer's and parkinson's. a leading gay advocacy group is applauding a move by google to call its controversial "is my son gay" application off the android market. the app is homophobic and relies on stereotypes. in a statement, the group said we are pleased google developers have heard the voice of the lgbt community. the app had a quiz for parents to determine if a child was gay or straight. the protests are growing, so are scuffles between police and demonstrators rallying against wall street. we'll go live to rallies in washington, d.c. and houston coming your way next. [ male announcer ] it's a fact: your nutritional needs can go up when you're on the road to recovery. proper nutrition can help you get back on your feet. three out of four doctors recommend the ensure brand for extra nutrition. ensure clinical strength has revigor and thirteen grams of protein to protect, preserve, and promote muscle health. and immune balance to help support your immune system. ensure clinical strength... helping you to bounce back. ensure! nutrition in charge! her morning begins with arthritis pain. that's a coffee and two pills. the afternoon tour begins with more pain and more pills. the evening guests arrive. back to sore knees. back to more pills. the day is done but hang on... her doctor recommended aleve. just 2 pills can keep arthritis pain away all day with fewer pills than tylenol. this is lara who chose 2 aleve and fewer pills for a day free of pain. and get the all day pain relief of aleve in liquid gels. welcome back. you're looking at live pictures of demonstrators gathered in washington, d.c. and tampa, florida. they are among the latest to join the so-called occupy wall street rallies to protest income inequality. corporate greed and other social ills. the demonstrations began in new york city 20 days ago. the rallies have been mostly peaceful. but there have been some scuffles between police and demonstrators. at least 28 people were arrested in new york yesterday. in economic news, the number of americans filing for first-time unemployment benefits jumped back above 400,000 last week. labor department reports 401,000 people filed for first-time benefits in the week ending october 1st. that's an increase of 6,000 over the prior week. the number of those already on unemployment and continuing to get the benefits has held pretty steady for the last month at 3.7 million. herman cain hopes his next job will be president. and he's moving in that direction. the businessman and once long-shot contender for the republican nomination continues to confound the pundits. cain won two recent straw polls and a cbs news poll has him in a virtual tie with mitt romney. part of cain's popularity is his straight talk. listen to what he says about the people occupying wall street and their fight against fat cats. >> don't blame wall street. don't blame the big banks. if you don't have a job and you're not rich, blame yourself. >> herman cain and the other candidates may have to speed up their campaigns, it turns out. question now is will the first votes for 2012 actually start in 2011? paul steinhauser has some answers for us. paul, what's the latest when you look at the calendar? >> boy, here we go again. we could -- could -- have an iowa caucus in december, right around the holidays. all right, here's how it all started. go to the calendar. remember it was just less than a week ago florida announced they'd have their primary on the 31st of january. what did that mean for new hampshire, iowa, south carolina and nevada and the states that are supposed to go first? they all vowed they would go earlier. earlier this week south carolina said yep, we'll hold ours on the 21st. nevada last night announced they're going to be holding their caucus on the 14th. what's that mean for new hampshire? new hampshire says by state law they have to be seven days ahead of everybody else so maybe they could go as early as january 3rd. if that happens, iowa could -- could be in december. randi, for those of us who cover politics, no rest for us this holiday season but for the voters more importantly they have less of a chance to actually get too to see and know

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