Now neighbors are being encouraged to snitch on each other for using too much water, and theyre doing it with a new app. We want you to weigh in on this one. Would you snitch on your neighbor if you caught him or her using too much water . Go to cnbc. Com vote. Sue is here in the house. I am. Were going to begin with housing. Home ownership is at a decadelow second quarter, and its young people who are out of the market. What does is it mean for the broader recovery as well . Diana olick knows. Home ownership just keeps falling and younger americans are clearly behind the drop. Take a look. The rate now is at 64 a 19year, it reached a high of over 69 back in 2004, but add to that the fact that nearly 1 million homes still have delinquent mortgages or already in the foreclosure process. The real Home Ownership rate is even lower. We know firsttime home buyers are less than a third of todays home buying market. The median age of a firsttime buyer was 31 over a decade ago, but a new surve
Lose . Theres nothing. [ticking] its so much more intimate than a laptop. When steve jobs unveiled the ipad, there was no way he could have predicted what it would mean to people with autism. It turns out it may be the perfect device to help unlock the isolation many with autism feel by helping them communicate in ways that they couldnt before. I want a drink. I always had said when he was younger, it was like he was a computer and i was computer illiterate, and i didnt know how to press the right keys. Sorry. That was the hard part is, you knew there was more in there, and you didnt know how to get it out. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we look at the life of tech titan steve jobs, the cofounder of apple, and we also examine the unexpected impact that one of his inventions, the ipad, is having on children and parents living with autism. In 2004, jobs asked Walter Isaacson, a former editor of time magazine, if he would write his biography. Isaacson though
Joining us. cheers and applause audience chanting stephen thank you so much for joining us, everybody nation, i dont mean to be a broken mp3 file, but i gotta say it again, barack obama doesnt have the right stuff to be president. And im beginning to think he agrees because hes started doing something worse than destroying america. Hes slacking off at destroying america. This week president obama refusing to go to the u. S. Mexican border. Guess where the president is planning to go . On vacation. News today that obama will head back to ritzy Marthas Vineyard next month. President obama spent three days avoiding a visit to the border while playing pool, sipping beers and raising lots of money. Make up, america. We elected a president whod rather play pool and drink beer in colorado than address the american crisis developing at our border. Stephen yes, while america burns, president nero is fiddling on vacation in Marthas Vineyard, shooting pool in colorado, and down at disney world, h
Sometimes the q a in the beginning gets a little out of hand is what im saying, but if youre like many of our viewers, youre probably watching this show right now while driving. And if thats the case, stop very dangerous, not because it pulls your focus from the road but because of the road itself. The federal Highway Trust Fund is about to become insolvent. Jon oh, my god [laughter] first of all, i cant believe our federal highways have a trust fund. Get a job. Your parents didnt pull themselves up from gravel just to have you lay there. Well, actually. Now, i know our federal highways are the vital circulatory system of our nations commerce, but what exactly happens if it loses its trust fund . The Highway Trust Fund runs dry next month. Upkeep and repairs needed for an aging highway system. 65 of roads are in lessthangood condition. 25 of bridges need significant repair. This bridge collapse in Washington State is a cautionary tale. Jon hmm. [laughter] well, what if instead of fundi
And you, into that camera, and put it into mom and pops living room. Now, imagine in 10 years, 20 years, we would be able to take, instead of our photons, me and you, and put them in mom and pops living room . Transport people. You tell me. Is that worth it . [ticking] [speaking french] what began as a small, understaffed, illequipped clinic in 1985 today has 100 inpatient beds, an array of specialists, and three operating rooms. They have nearly 2 million patient visits a year. [speaking french] how many lives, do you think, partners in health has saved . In medicine we say t. N. T. C. too numerous to count. Too numerous to count. Welcome to 60 minutes on cnbc. Im bob simon. In this edition, we meet the scientist whose work could change the world as we know it. And visit with a doctor who has revolutionized medicine. Back in 1989, the scientific breakthrough that could solve our Energy Problems seemed at hand. It was the announcement of Cold Fusion Nuclear Energy that can work at Room