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the faulkner focus. all the white house talk, the prices for food, energy, getting a haircut, everything going up still consumer price index for february up 6% from last year, coming off that high of 9.1% last june. so this is really slow with housing prices sky high, the fed threatening to ep coo raising interest rates to cool down inflation. new word the fed is using today, maybe they ll do that. who is to blame for america s second largest bank collapse in history and the deep economic mess we re in right now? the old go-to, our democratic president is pointing a finger at former president trump. president biden: thanks to quick action of my administration, americans can confidence the banking system is safe. during the biden administration we put in place tough requirements on banks to make sure the crisis of 2008 would not happen again. the last administration rolled back some of the requirements. harris: republicans demanding accountability and raising conce ....
to consumers, that s allowed in only one other country on the planet. but it s allowed here. surpr so it may not surprise you thatn in this country, drug companies spend more on lobbying congressress than any other industry. a lot more than an industry, a lot more than any other industry. and they don t d o it by accident. they do it because it pays off in a deal like this. a pretty remarkable deal . the drug companies have worked out with politicians. so the government usesthe gove x dollars to buy billions worth of their products and then in prme cases forces you to use those products. d sometimes sometimes those products work, sometimes they don t work. in some cases, those products can injure work. d some cases t you. no matte but no matter what happens,appes there s nothing you can do about it because politicians have given these companies s have gcomplete immunity. if their products hurt or kill you, you can t sue them. you re not even really allowedtt to compla ....
really developing. it is not known what the chinese is trying to do with this thing despite the apology issued this morning. the chinese government saying it is wayward weather research balloon. let s get to it, and even more mounting at the hour. and first to kiley adwood who is here with me. what are you hearing from the state department about blinken s trip now being postponed, kiley? we just got off of the phone with the senior white house official, and they they this balloon is violating international law and sovereignty. and this morning, secretary blinken called his counterpart and said that the conditions are not right for this trip. so it is a last-minute cancellation. we don t have a date for when is going to be replanned. i asked what are the conditions for this trip to be rescheduled, and they would not say. they said that china regrets this, but what the united states is clear on is their assessment, that it is a chinese spy balloon, and it is over u.s. t ....
that s the same type of aircraft and missile that shot down the chinese balloon off the coast of south carolina. one of the questions we asked at the pentagon briefing was if there was so much intelligence to gain by letting the previous balloon fly across the united states and being able to observe it, why was this one shot down so quickly especially when the senators were furious it wasn t shot down earlier. was the pentagon wbowing to political pressure. the decision to shoot it down before it entered into u.s. airspace, the pentagon bowing to pressure from the hill? we re going to judge each of these objects on its own merits. it entered into u.s. airspace on february 9th. we sent up aircraft to assess what it was. the decision was made that it posed a reasonable threat to civilian air traffic. the president gave the order to take it down and we took it down. in the end this was shot down just a few miles over the water. that water frozen so it did essentially ....
nuclear drills, as fears grow about an escalation of the war in ukraine. and the with a difference, hundreds of runners where they most stylish stilettos to take part in washington s annual high heel drag queen race. welcome to our viewers on pbs in america and around the globe. united nations secretary general says the world is heading for a catastrophe unless climate change is prioritised. concentrations of the three main greenhouse gases rose to concentration levels unprecedented. next month they will meet in egypt for, 27. cop27. it has been a year of extreme weather. devastating floods in pakistan, drought in somalia with millions threatened by famine, and record breaking heat in the uk and many other countries. it s why the un chief says climate is the most important issue in his in tray. climate change is the crisis of our lifetime. it s the defining issue of today s world. so, climate change remains a central priority in everything we do. if we are not abl ....