tv CNN Newsroom CNN March 7, 2012 11:00am-1:00pm EST
was it super for you? barrelry one percentage points separates romney from rick santorum in ohio. a lot there would have put his front-runner status in jeopardy yet again. the street cred did give him three wince in tennessee, oklahoma and north dakota. newt gingrich did what he had to do in georgia, carrying his home state by 21 points over second-place romney. after all that, here's where the candidates stand. cnn estimates romney now has 404 delegates of the 1,144 a nominee needs. santorum 16 a delegates, gingrich 106, ron paul still hasn't won a single primary or
caucus, has. if not must wins, all three are seen as can-wins. between them, well, they're campaigning today in all three states. president obama is on his way to charlotte, north carolina, where he will accept the democratic nomination six months from now, he's going there to talk manufacturing at the daimler truck plant. daimler trucks hired 1,000 people last year, some of whom had been laid off in the recession. the president speaks at the noon hour eastern time. if he makes news, you'll hear it first right here on cnn. super tuesday was anything bus eight-term dennis could you niche lost his primary battle against the bdy 15-term congresswoman. they were forced to compete in the same district. kaptor is the longest-serves woman in the house of reps.
leon panetta tells the senate arms says to act unilaterally would be a mistake. that goes directly against john mccain. panetta says military options are being considered, but there are good reasons to move slowly. >> you havely this terrible situation, there's no 1i6r78 answers. so the result is a great deal of anger and frustration that we all share. there are some members who are concerned about whether we are doing numb to stem the violence in syria. that's understandable. there are others who are concerned -- >> one glimmer of hope today, the u.n.'s top humanitarian envoy was allowed to immediate with syrian initials in damascus after a month of refusals. it's been almost eight months since the worst mass killing in norway since world war 2nd.
anders bref ic has pleaded not guilty to killing 77 people with bombs and bullets, but authorities say he admitted it, and prosecutors say he was psychotic at the time. almost 30 companies have now yanked their advertising from rush limbaugh's radio show, apology or no, companies are parting ways. rush called a law student a slut after she spoke up for contraception insurance coverage. rush does have his fans. seekingarrangement.com which calls itself the world's largest sugar daddy dating site is defending limbaugh, even buying ads in his show. peyton manning and the indianapolis colts, one of the greatest shows in nfl history, ending after 14 years and a super bowl championship. colts' owner jim irsay is expected to announce he's
releasing the four-time quarterback. source say that irsay doesn't want to pay a $28 million option bonus. also a neck injury forced manning to miss the entire 2011 season in which the colds won only two games. calf the news conference right here. we know prince harry loves to have a good time. how about this racing the olympic champ. he's adding that to the fun list, but the world's fastest man took it easy on the prince. he's touring in honor of his grandmother's jubilee. the fa is taking aim at the company marketing caffeine and vitamin b as breathable energy. we thought you about aeroshot. it comes in a lipstick--shaped
dispenser. the fda is warning the company it could face regulatory action over false and misleading labeling. it says the marketing seems to imply that the supplement can be inhaled. the company says the approximate is ingested. surely you remember some of the robert sherman's songs. he was known for the tunes he and his brother richard wrote for disney. the academy award winner died at a clinic in london. they won an oscar for best score for "mary poppins." they returned to the stage that night to receive the oscar for the best song. say good-bye for the ipad 2. the new improved version is finally here. in just two hours from now, apple is expected to unveil a new tablet. we have your live sneak peek, straight 45ed. but first, this car hit a
pole, flipped over, and exploded in flames. you'll see it in a minute here. right there, all amid downed power lines. but that doesn't stop is the andrew copeland and officer andy banford. they rushed into the fire, risking their lives to rescue the trapped driver. well, their bravely was all captured on this cruiser's dash cam. when we saw it, we couldn't deny that today they are today's rock stairs. when you have diabetes... your doctor will say get smart about your weight. that's why there's new glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] new glucerna hunger smart. a smart way to help manage hunger and diabetes.
well, it's finally here. apple launches the new ipad in just a couple hours, and techies can't wait to see what the new version has in store. katy lynn dahl is in san francisco for the unveiling. all right, katy, tell me what's new in the ipad. >> i think it's pretty fair to assume we'll see an. >> a few upgrades, but nothing too crazy.
my best guest is what we see, higher probably a retina display that doubles the resolution from the ipad 2. also faster processor. apple loves to speed up products on new iterations. also better cameras, potential 4g capable. last but nos least i think we see some siri integration. i hate to break the bad news, i don't think we'll see an ipad mini, a little 7-inch form factor, which has been highly rumored. >> all right. you were saying something about apple tv. what are you sensing might happen here? >> reporter: i definitely thing so. here's the deal. when you get an invite to these events, the verbiage always indicates what you will see. the invite says we want you something..
all right. by now, all of you know what's going on with rush limbaugh. here's the deal. limbaugh called her a slut and prostitute over the issue of insurance coverage. now, that story, the fallout, the backlash are unavoidable. let's be frank. everyone is talking about it. >> don't have any place in the public discourse. >> he's in a very different business than i am. >> that's not the language i would have used. >> i think he's indicated he made a mistake. it all raises -- and the way we talk about women. we want to bring in a guy who constantly is doing this
balancing act, pete dominic. thank you so much. he ranks influential in the party. he calls a woman a slut, then president obama invokes his daughters, he reached out to fluke to support her for standing up and testifying about the issue. you know, he wouldn't want his girl exposed to this language, he says. the president whose super pac got a million from bill maher, who said this in the past. >> sarah palin finally heard what happened in japan. and she's demanding that we invade tsunami -- oh, speaking of dumb [ bleep ] she's not qualified to be the mayor of wasilla. this is a category 5 moran we have on our hands. if bachmann and palin get in, that's two bimbos, that's a real beavis and butt-head there. >> i'd get right to it. what's the difference? >> there are a number of
differences. i wouldn't apologize for any man making those kinds of comments about women. as the father of two daughters and a husband of an amazing woman, but there are differences. a, bill maher is a comedian. you heard that laughter. and rush limbaugh is not, perhaps arguably the most influential commentator in all of politics. there are differences in the targets. with women running for president, and a woman mostly private testifying one time. and there are differences in terms of the descriptions used the describeors. rush limbaugh was quite literal, and bill maher was making gender-based insults, which i frankly am offended by. >> gender-based insults has a greater impact. let's step aside from the comedian and the powerful voices within the republican party. these are -- are really harsh
words, and bill maher stepped away from the comedic role when he donated a million to the super pac. he went into the political world. so you can imagine there are people stepping forward, including sarah palin saying, you know, you need to tell the oembalma super pac to give this guy his million dollars back and stick it. >> yeah, bill maher stepped away when he comments on politics. he has an entire television show, which is great, i would love to be on. as do i. but there still is a difference to what comedians say. i am a freedom of speech absolutist, and i defend rush's freedom to speaking, and bill maher has come out in defense of rush limbaugh. he got fired from politically incorrect from his comments which were fairly accurate in my opinion, but provocative for the time. there are a difference, and we can argue about how much influence his $1 million donation to president obama's super pac, technically president
obama can't tell the super pac what to do with the money. he dao publicly say i think they should give the money back, but how influential is bill maher's money on politics? we should be talking here and everybody where else about how big money and pharmaceutical, insurance, that money which comes to all the candidates, democrats and republicans, is much more influential than the. >> i understand, but that money becomes a symbol, right wimmer seeing these gender-based insults, he donated a million to obama's super pac. he said sandra fluke, way to go, standing up and testifying and don't let the horrible words impact you. i wouldn't want my daughters to be impacted in a negative way by that. there's an image there. it's out there. >> it's a fair criticism, and we can talk about it, but i think we have to talk about everything
that any person who as donated and what they're say publicly. rush limbaugh, bill maher, or anybody else, making gender-based or race-based or sexual orientation-based insults that would in any way discourage any young woman from speaking pushily. my daughters, i would be honored if my daughters were as courageous as this young woman, and speak on whatever they believe. i hope that any young woman or person is not discouraged by any of these people. that's where the damage gets done, that someone would be shut up, would be afraid to speak because they would be dragged through the mud in this horrific way that's happening to this young woman. that's really the most important point about this entire conversation that we never discourages women in this case of speaking out what they believe. >> you're a dad, you've got daughters, rush limbaugh and bill maher don't have daughters. i wonder if they would take --
>> it makes a big difference. i was not this way -- i would be completely honest. men who have daughters change the way they view about how women should be treated at work, how women should be paid in so many other ways. i have completely changed as a man. you're right, bill maher and rush limbaugh have benefited tremendously from birth control. >> peet dominick, thank you. that caught me off-guard. what a way to button it up, pete. >> thank you. the housing market is a mess for sur, but still a buyers' market. do we rent or buy? we'll talk about that next. if you are one of the millions of men
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we all know what a mess the housing market has been. alison kosik, tell us what we need to know. >> remember jimmy mcmillen, he ran for the governor of new york. remember him? >> how could we forget him. he made the election very interesting. >> he did. he did. this is my jumping off point. he wasn't so far off. rent has been gone up steadily for the last ten years. home prices fell 4% in the fourth quarter last year, and down 34% from the peak of 2006, but it's not all bad news if you're a homeowner. according to the national association of realtors, sales of existing homes rose 4% in january, kyra? >> all right. alison, let's take a look at dao
we know if we're ready to buy a house? there's so many things to consider as we're debating that. >> we spoke with carmen wong, the author of "the real cost of living" and she says you shouldn't rush to buy. she says the market may not have hit bottom yet. but because conditions are different across the country, what you really need to do is be aware of the housing situation in your area, and in some cases renting will actually save you money over the long term. if you're dead set on buys a home, carmen says you need to be willing to stay in the home for at least five years. while the -- only buyers with fico scores of 760 or more will get the best rate. you should have job securities, as well as cash in the banks, around six months worth of mortgage payments that are saved up. kyra? >> got it. points well made.
thanks, alison. rick santorum has made an issue of his catholic faith. why didn't he win the vote in ohio? plus romney picks up wins in six states. he's set to win the nomination? that's fair game, next. but first a question for all our political junkies. the buckeye state knows how to pick a winner. how many elections has ohio picked the president? tweet me your answer. i'll give the winner a big shoutout after the break. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers.
all right. before the break i asked how many consecutive elections ohio has chosen 9 president. here's the answer -- 12. congratulations politicalruckus. you were the first person to tweet the right answer. romney wins the most states, but no super tuesday hangover here. it's all fair game in the gop race for the white house, so
let's talk about it. robert zimmerman, democrat ecstrategist, in new york. john avalon, our cnn contributor, he's in new york as well. and moderate and proud of it, doug hyde, a republican strategist and blogger in washington. let's start with romney, picking up big states, of course, what do you think? is this a matter of time before he wins the nomination, doug? >> yes, i think so. this is -- it's a football game and romney keeping moving the ball down the field, maybe didn't score a touchdown last night or field goal, but that ball keeps moving down the field. he continues to pick up delegates. the other candidates are so far hind they're playing a game of catch-up. >> robert? >> i think it's worth noting, doug, that ultimately last night mitt romney won the math, but lost the momentum. that's very energizing if you're an accountaent, but what i was
struck by, he underperformed in almost every competitive state, in virginia, where he was only facing ron paul, ron paul got 40%. in tennessee where romney had the governor and the republican leaders of the legislature, he lost solidly to rick santorum. in ohio, where he outspent santorum he barely won. >> john? >> look, because this is a proportional fight, mitt romney has 700 delegates to go, this is going to last a long time. there's very little incentive for folks to get out of the race. this is far from over. mitt romney had a good night, but nowhere near determinative. the other folks may not be able to exceed him in delegates, but together they can stop him from getting the nomination. that's what's really going on right snow. >> let's talk religion. santorum almost took ohio, but
he lost the catholic vote. looking at the numbers, you know, romney won catholics by more than ten points. explain this to me. santorum, right? closely identified as the catholic candidate losing the catholic vote on a regular basis to the mormon. doug? >> well, i'll tell you, i'm a catholic republican. el went to a high school that has to deal with the potential obama regulations, but i care about more than that. i care about gas prices and where the economy is. we haven't heard as much of that from rick santorum than we have from mitt romney. i'll tell you, for catholics, it's insulting to think that they just vote on abortion or birth control. it's like suggesting that hispanics only care about immigration. we sure know that's true. >> robert, i'll get you to weigh in, santorum has sort of moved away from the number one issue
for americans right now, that's the economy and jobs. he's focused on things like abortion and contraception. that is ha hurt him? >> i don't think you can describe him simply as 9 catholic candidate. as doug pointed out, i think it's unfair. but what rick santorum is doing is playing to the extreme right wing of his party. that's how he's trying to define his candidacy. and you saw from super tuesday they're a very important voting bloc. when he mocked president obama for advocating higher education, he's taking positions that don't speak to the economic issues in this campaign. they speak to the anger of the extreme wing of hi party. >> john? >> well, i don't think those have helped him. last night one of the ways you could see that is he lost women voters to mitt romney. that's one sign of the fact when
you start reinserting associate issues. lycra ception, that alien yates more folks than it attracts. getting back to doug's point, i think that's a healthy, happenstance that they ended up voting for mormons. these things don't device who we are. but rick santorum lost momentum, because he got off message. he started talking about social issues. can fire up the base, but it will hurt you -- >> but john santorum has also moved the entire republican debate to the extreme fringeses. all basically trying to move to the right of each other. romney is acting deportation, for example. the fox news poll showed hispanic voters only 14% were supporting republican candidates, and among
independence women, the residence have just been losing support dramatically. >> doug, you have a thought? i'm going to move on. did you have a thought? >> we certainly have to talk about economic issues. i have sympathy for rick santorum. he does have a tendency to go out, but if a supporter makes a dumb joke on andrea mitchell, i don't think santorum should be forced to talk about it for the next few days. last night newt gingrich said he's forging ahead. let's take a listen. >> tomorrow will bring another chapter in the race for the nomination, but it's more than a chapter in the race for the nomination. it's a chapter for the fight for the soul of the republican party, a chapter in the fight for the very nature of america. it's a chapter of defining who we are as a people. does he have another chapter, a sentence? a world? >> well, i mean, he's pulled a double lazarus so far. >> he's coming back to life.
>> that said, you know, he came in first with a strong 20-point win in michigan, georgia last night, about but he didn't come in second in any other state. he came in third and fourth. that does show a limited appeal. there's going to be a lot of pressure for him to get out. i don't think he'll take it in the era of -- but when you don't come in second in any other state and only in your home state, that's not a good sign for the depth and breadth of your support. >> maybe lazarus needed a cash infusion. doug, your thoughts? >> i know john tweeted yesterday that he's excited the bruce springsteen item came out, so hard times come, hard times go, we'll hear more from newt. this proportional contest means it will continue. >> i'm going to try to get some springsteen music cued up right now. robert, final thoughts? >> we have the concept of trophy wives. ultimately newt gingrich is a
trophy candidate. and the reality simply is that as long as there are speaker fees to be gained and books to sell, newt gingrich will always find a podium to keep the campaign alive. >> thank you, guys. that's fair game. >> thank you. well, it is truly the end of an era. >> i'm very depressed. i wanted peyton to finish his career with us. >> longtime quarterback peyton manning to be formally released moments from now. so where will the champion qb go? that's next. but first, big dose of luck and a lot of golf. 24-year-old amanda clayton won a million in the michigan lottery last fall and promptly bought a new home with cash. nothing wrong with that, right? but she was getting $200 a month in welfare assistance at the
time. she never told the state about her windfall. clayton's still collecting $200 a month in food stamps funded by michigan taxpayers. when a reporter confronted her yesterday, she said, it's okay, because she doesn't have a job. she now has two houses to maintain. all right. you think there ought to be a law? you're not alone. a michigan lawmakers is pushing through a bill to keep lottery winners off state aid. we think it's a no-brainer. we also think, amanda clayton, your 15 minutes you are up. there are patients who will question,
why does my mouth feel dryer than i remember it to be? there are more people taking more medication, so we see people suffering from dry mouth more so. we may see more cavities, bad breath, oral irritation. a dry mouth sufferer doesn't have to suffer. i would recommend biotene. the enzymes in biotene products help supplement enzymes that are naturally in saliva.
biotene helps moisten those areas that have become dry. those that are suffering can certainly benefit from biotene. just minutes from now, peyton manning and the indianapolis colts, divorced, expected to go their separate ways. manning and colts' owner jim irsay, returning to indianapolis last night. they're holding a news conference today. apparently on this flight in that jet irsay in a tweet said, quote -- it was a long emotional flight. now the sun is trying to rise. the reason for the split, big money. manning was due to get a $28 million bonus on thursday. we'll talk more about it. we're talking about a lot of things here. money, injury, age, right? it's a combination. >> right, but ultimately i think
this is all about money. the age and the injury definitely kind of peripheral topics in terms of the conversation, but when you look at the numbers and how much was due to him. how many he would have had to pay, number one if they kept him, it would have been financially impossible to keep peyton manning. >> what do you think? do you think he'll retire? >> no, no. >> he's looking good, right? imgts slewly. everything that i've talked to, and i talked to a handful of people, who all said he worked extremely heart during the yop season. there's video of youtube of him throwing the football recently. he looks fantastic. people say he looks like the peyton manning of old. no, he's not going to retired. he has a lot of teams that would love to have him.
so, no, there's no reason for him to retire at all. >> let's talk about those teams. a lot out there would love to have him. what are you thinks? >> the decide will not be -- the next few years will be about seems hi legacy. >> you know, a lot of people have talked about the jets and the opportunity for him to fight again eli, but i don't see that happens. i don't think he's motivated by trying to wrestle it away from his brother. i think arizona finished eighth, they have a fantastic franchise. they definitely could use peyton manning. i would not be surprised even if
san francisco says they're not interested, i would not be surprised if they made a run at peyton manning. they finished 13-3 last year you could have some big things coming. >> you mentioned san francisco -- the 49ers, did you mention the head coach? wasn't the head coach a quarterback coach at some point? this could be a good connection here? >> it used to be the qb -- i'm not quite sure what sort of relationship they had during that hand-off period, but certainly harbaugh has proven to be one of the best, voted coach of the year as a matter of fact. on the outside their organization is saying the right things, doing the right things.
you've got to think with peyton manning up there, that at least he would. >> final thought, lz. talk about a history, a legion of fans, mvp, look at his resume, right? doesn't that count for anything? does money always win in situations like this? >> this is the reason why players hold out, when we have locko lockout. >> you've got to think about peyton manning two ner was mvp of the league. and now he's out of a job. you know, they don't have guaranteed contracts in the nfl. actually i think they should be commended for paying peyton last
year, because he didn't play. they gave him like $26 million. at the end of the day it's a business, and they had to see their favor players and i think that was a freudian slip, you said pay-e manning. [ laughter ] >> lz, great talking to you. >> thank you. you can watch the conference in just about ten minutes. ncaa march mads in is almost here. yes, i'm filling out a bracket with of course some help from my team. i'm going to need it. if you are doing it test yew bracket skills. join us march madness cnn group. so you think that -- who do you
think will be in the final four? take your picks, look at my picks, go to my facebook page. let's do it all together, shall we? santa ana winds, they are destructive and cause brush fires. we cover them every years. why is a local fire department getting axed? that's next. los angeles is no stranger to rock and roll. but trust me, you have never seen a rock roll like this. okay, team! after age 40, we can start losing muscle -- 8% every 10 years. wow. wow. but you can help fight muscle loss with exercise and ensure muscle health. i've got revigor. what's revigor? it's the amino acid metabolite, hmb to help rebuild muscle and strength naturally lost over time. [ female announcer ] ensure muscle health has revigor and protein to help protect, preserve, and promote muscle health. keeps you from getting soft. [ major nutrition ] ensure. nutrition in charge!
in westminster, colorado, a girl talks back to her principal. she's gets slapped with handcuffs and sent to juvi. the sixth-grader transferred schools. now to santa ana, california, and the santa ana winds. they're destructive. the brush fires they cause have been deadly. why is the fire department getting axed? budget woes, according to "the
l.a. times," the santa ana department is disbanding, ending its 128-year history. the orange county fire authority will now take over and handle fire and medical calls for that city. officials say this will save the city $10 million a year in expenses. now to miami, florida, where a valedictorian who faced being deported to colombia will be able to stay in the u.s., at least temporarily. according to our affiliate, the department of homeland security granted daniella and her sister a two-year stay. her story went public last week and thousands of people in the community protested. her brother and father are already u.s. citizens. but despite that, daniella and her sister were recently denied residency. in rhode island, an 81-year-old, you could say is reaping the rewards of life. talking about a whopping $336.4 million in rewards.
louise white has some serious luck. the 81-year-old hit the powerball jackpot. lump sum, she's taking it as a payout which means this little lady is banking $210 million. she found out about the ticket. she double-checked it a couple of times and then put it in her bible so it wouldn't get lost. congratulations. let's head to l.a. now, shall we? this is not the kind of rock hollywood stars wear on their finger. but people are turning out to see this massive piece headed for a los angeles museum. the boulder weighs 340 tons and is traveling only at night at 5 miles an hour. it's on a journey to the l.a. county museum of art to be a part of the artist michael kaiser's sculpture "levitated mass". mitt romney wins six out of
ten super tuesday states including ohio but fails to land a knockout in the buckeye state. what this means for his campaign. we're going to hit the trail next. shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] new glucerna hunger smart. a smart way to help manage hunger and diabetes. only hertz gives you a carfirmation. hey. this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. whwheeeeeeeeeeeeeeeeeee! whwheeee! ! whwheeee!! whwheeeeeeeeeeeeeeeee! ahah h heaeadsds u up. whwheeeeeeeeeeeeeeeeeee! evevererytythihingng y youou l , nonow w momobibilele..
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super tuesday is history. but a lot more republican contests are ahead. and some of them some time may just decide the nominee. paul steinhauser joining me from a at a time that mitt romney picked up just yesterday, just barely. he's in columbus, ohio. paul, what are the mixed results from super tuesday meaning for the supposed front-runner? >> reporter: good news, bad news for mitt romney. he won six of the ten states, good news. he picked up half of the 419 delegates at stake. good news. this is all about a battle. it's a battle for delegates. but the maybe not-so-good news, here in ohio, he barely won, about 12,000 votes over rick santorum. last week he barely won michigan. i guess you could say it was deja vu here again in ohio. that's troubling. in the exit polls, he's having problems rallying the base. >> what's next for the race? >> reporter: well, kansas. kansas is next. you're going to see mitt romney there tomorrow. you're going to see rick santorum there today.
kansas, a very conservative state. their caucus on saturday maybe favors santorum over romney. then it moves south, alabama and mississippi are the big two next tuesday. again, two pretty conservative states. it's fair to say in the short run over the next week or so, it favors santorum and maybe gingrich more than romney. kyra? >> paul, we'll be paying close attention. thanks so much. thanks for watching. continue the conversation with me on twitter or on facebook. we'll be back here tomorrow, 11:00 a.m. eastern time, 8:00 a.m. on the west coast. "cnn newsroom" continues now "cnn newsroom" continues now with suzanne malveaux. -- captions by vitac -- www.vitac.com live from cnn headquarters in atlanta where it's 12:00 noon here, i'm suzanne malveaux. want to get you up to speed for this wednesday, march 7th. peyton manning is the guy who
turned indianapolis into a football city. now his team, the colts, letting the star quarterback go. it is all about the money. the team is reportedly releasing manning to avoid paying him a $28 million bonus. manning was out for the entire 2011 season after undergoing neck surgery. you are actually watching now live pictures. this is from indianapolis where manning and the colts' team owner are going to hold a news conference any minute now. we'll go there live as soon as it starts. it is to the next contest and the fierce contest for the republican presidential contest. mitt romney didn't manage a knockdown punch. romney leads delegates, rick santorum winning three states, has 165. newt gingrich has 106 after winning georgia. ron paul has 66. after last night's results, romney's rivals took aim at each other, focusing on president
obama. >> you have not failed. you have a president that's failed you and that's going to change. >> there wasn't a single state in the list that i just gave you where i spent more money than the people i was able to defeat. >> if you look at the candidates today, there is very little difference except for one. >> there are lots of bunny rabbit that is run through. i'm the tortoise. i take one step at a time. >> we're going to go to indianapolis right now for that press conference we told you about. let's dip in right now. >> i know in my heart and the hearts of our fans, it's unparalleled for the colts. it's a difficult day here of shared pain between peyton, myself, the fans, everyone.
i think in that vain as well, the 18 jersey will never be born again by a colt on the field. this process has been a long, difficult process. i know peyton and i have had numerous conversation over the mont months. and we always kept trying to come back to the circumstances that were before us. we tried to put each other in each other's shoes and tried to realize what the situation was for the franchise, what it was for peyton. and in the end, those circumstances were too difficult to overcome.
and circumstances that dictated to us, to the franchise that really were unavoidable. it's something where as we're going forward and being a rebuilding team with salary cap problems and peyton is on the mend, to try to resume his career, we both wanted to be together. it's been very difficult and just tearing at our hearts to try to look at the situation and find the best solution. and i think peyton has been completely unselfish in terms of looking at what the franchise -- where it was at and where we're at at this point. and i tried to put myself in peyton's situation as well.
and in the end, before we ever got into any specifics, it's never been about money, it's never been about those type of things. it's really to be blessed here today to have gone through the experiences we have together as an owner and having peyton as a friend and a player and all the things that we've been through, it's an incredible blessing. as difficult as this day is, it's made difficult because of the greatness and the things peyton has done for our city, for our state, for our franchise. there will be no other peyton manning. i mean, that's something that in a special place, in a special time over the last decade and a
half, we've been so blessed to have him. and the good times we've had together, the laughs we've shared together -- growing up together in the organization, when a 37-year-old owner met a 22-year-old player coming out of tennessee and the dreams that we had and the experience are just beyond my imagination. and as difficult as this is, i know that our journey together hasn't ended. it's really just begun. and when i look down the road and see the many decades going forward that we'll share
together and how -- how he's always part of the horseshoe. and it's something where i can't thank him enough. i think when i look back and reflect on everything that's happened -- whenever we went on the road, the circus was coming into town. and peyton was the ringleader. and the memories that we have and the great people we've been blessed to be around,treasure. just want to turn it over now to peyton to say a few more words. >> thank you, jim. i sure have loved playing football for the indianapolis colts. for 14 wonderful years, the only professional football i've known
has been colts football. our team won a lot of games here. i've played with so many great teammates here and i've been part of a great organization here, an organization and an owner who i respect and continue to respect. i've been a colt for almost all of my adult life. but i guess in life and in sports, we all know that nothing lasts forever. times change, circumstances change and that's the reality of playing in the nfl. jim and i have spoken extensively about where we are today. and our conversations have led both of us to recognize that our circumstances make it best for us to take this next step. this has not been easy for jim, and it certainly has not been easy for me. jim, along with bill polliand, drafted me 14 years ago. jim and i have always been close. we've made a lot of great
memories together. he's always been great to me. and, jim, i will forever be grateful. this town and this team mean so much to me. it truly has been an honor to play in indianapolis. i do love it here. i love the fans. and i will always enjoy having played for such a great team. i will leave the colts with nothing but good thoughts and gratitude to jim, the organization, my teammates, the media and especially the fans. i haven't thought yet about where i'll play. but i have thought a lot about where i've been. and i've truly been blessed. i've been blessed to play here. i've been blessed to be in the nfl.
and as i go, i go with just a few words left to say, a few words i want to address to colts fans everywhere. thank you very much, from the bottom of my heart. i truly have enjoyed being your quarterback. thank you. >> if there's any questions, we'll take a few now. >> peyton, when did you come to the decision -- when did it finally become -- >> jim and i have been talking for a long time. we've enjoyed going down memory lane together about some of the great moments we've had here during our time together for 14 years. that's what this has been about for me, that time, is that reflection of so many great memories and how grateful i am to jim and the team and just how awesome it's been for this time.
so we've covered all sorts of scenarios and like he said, these circumstances are not the way either of us wish they were. but that's the reality. and that's kind of how it got to this point. so i don't necessarily think there was a decisive point. it was just good, healthy talks, fun talks in person over the phone, long talks. that's kind of how we got here. >> peyton manning is the guy who turned indianapolis into a football city. and now the coach, the colts, the team, obviously the owner, letting this star quarterback go. the team reportedly releasing him to avoid, at least in part, $28 million bonus. manning was out for the entire 2011 season after undergoing neck surgery. before that, manning was the man in a town best known for its car races. manning became to football what michael jordan was to basketball, tiger woods to golf. i mean, he led the colts to play
playoffs 11 times in 13 seasons, including a super bowl win back in 2007. he was named mvp. manning still wants to play football despite neck problems. we don't know if that's possible. i want to go to "sports illustrated" john wirthheim. that moment we saw between the owner and manning himself was so emotional. it was surprising when you saw that. these are two who have been together for a long time. and this essentially is a business decision. and it seemed like there was a really tough moment for both of them. >> it's a business decision that played out like an amiable divorce. both of them realized the situation. i think it goes to speak to what that relationship was and what the relationship was between peyton manning and this community. not often an athlete stays in one market 14 seasons. indianapolis, frankly, it's not l.a., it's not new york, it's in the middle of the country. he stayed there 14 years. it's unfortunate. i think the colts are within
their rights not to pay this bonus. i think peyton manning are in his rights to explore his options elsewhere. about baz go about as good a situation as you could have. >> where was that emotion coming from? >> these are two emotional guys. it was genuine. and both realize where this organization was 14 years ago and what they've achieved together. the colts were a laughingstock when they drafted peyton manning. now the colts are a respected, super bowl-winning organization. when they realize what he's meant to this town, the fact that neither of them wanted it to end this pay, it almost felt like a divorce playing out here. >> do you think he could possibly play somewhere else? do you think he could be picked up by another team? >> i think he will. this is the great peyton manning. arizona is a name that's floated around that will take a flier on him. you worry about his health, four operations.
the other interesting component, andrew luck, the player who the colts are presumably going to draft, had better be really, really good. >> what happens to indianapolis here? their identity and their love for this guy is so clear. and his emotion for the city, it seemed so evident. how do people there respond and react to this? >> this is my ancestral homeland, you're right. peyton manning's name is on a hospital. they got the stadium built because of pate b manning. because of that, they got the super bowl. it used to be a basketball town. the colts really are the sport of indianapolis right now. it's going to be interesting to see what happens to that organization, what happens to football in indianapolis now that the player most closely identified there is not there anymore. >> john, thank you so much. i want to bring dr. elizabeth cohen in to talk about some of the medical issues. he's a young guy with serious
injuries, so much so that he wasn't able to play for the whole season. >> right. the whole season he hasn't played. we don't know all the details but we know a bit. he's had injuries to his neck and we know that among others, according to "sported illustrated," in may he had a surgery to correct a bulging disk and then in september. we had a surgery that fused two vertebrae together. we've been talking to doctors who treat professional football players. and they said, these aren't entirely unusual procedures. they've actually done them on players. and if they're done well, they work. and of course there's a recovery time. "sports illustrated" says he did participate in some recent practices but they described those passes that he did as being wobbly, not as fast as usual and that he seemed more fatigued than usual. >> is it possible for him to actually recover and play again, the level of play that he was before? >> that's the big question. so we asked these doctors, other players what you treated with
these surgeries, did they come back? and they said that they actually did and that the surgeries made their necks stronger. and they made sure that they did various kinds of exercises to continue that and strengthen the neck muscles. but not all of them came back. but day said there have been players who have come back and played. it's not a rare thing to come back from a surgery like this and play. >> a lot of people are going to wonder what his future is all about. he's really a role model to so many people and certainly very special to indianapolis. thanks, elizabeth. here's a rundown of sop of the stories we're covering. mitt romney wins six of ten super tuesday states. but it wasn't a knockout blow. why the next group of primary states could be giving him some trouble. and the price of gas is down again but by less than a penny. so it got us thinking about, what's the real value of a penny these days? does a penny less for gas even matter? and next hour, apple expected to show us the new ipad. we have a prove. introducing gold choice.
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strength among conservative voters. newt gingrich lives to fight another day after winning georgia. ron paul refusing to quit. here's what the candidates have to say. >> we're counting up the delegates for the convention. it looks good. and we're counting down the days until november and that looks even better. >> we're going to win a few, we're going to lose a few. but as it looks right now, we're going to get at least a couple of gold medals. >> i think we have a little bit of time left before you declare anybody a winner. >> i hope the analysts will watch this tonight. there are lots of bunny rabbits that run through. i'm the tortoise. i just take one step at a time. >> who best can bust through that rhetoric and express their ideas and their solutions to get their economy back on the right track? >> 8% unemployment is not the best america can do. it's the best this administration can do. >> we've given up our jobs. we're living off our savings.
yeah, we're making a little sacrifice for a very, very big goal. and that is replacing this president on november of this year. >> said, i'm really worried about higher gas prices because it will make it harder for me to get reelected. i did not make this up. >> if you look at the candidates today, there is very little difference, except for one. >> president obama said that he wished you luck today on super tuesday. do you have any parting words back for him? >> do you think that was an endorsement? i hope so. but i don't think so. i appreciate the good wishes. and wish him best. >> mitt romney chugging ahead in the republican race for president. no knockout punch in super tuesday's races. all of romney's rifvals are stil around. where does the battle go from here? michelle coddle is with us.
we heard bunny rabbits, torto e tortois tortoises, olympic medals, i think they're getting a little punchy right now, don't you think? >> yeah. they needed to get a little sleep before they talk anymore. >> yeah, i think so. what's the big takeaway from last night? >> the big takeaway, i don't think anybody can come out of last night thinking that it was totally super. romney eked out the win in ohio, which is bad news for santorum. but he didn't do it by much. he did poorly in tennessee, which was kind of seen as a bellwether, how much would he lose by, of what's going to happen in the south. and even in virginia where only ron paul was on the ballot against him, he only pulled 60%. a lot of people are just talking about that 40% vote for anybody but romney. >> yeah, it's hard to really see whether or not there was a clear winner last night. that really is debatable. i want to move forward to the next contest on the calendar, right around the corner, you have the kansas caucuses on saturday. primaries in mississippi and alabama next tuesday.
what is this going to mean for romney who is still struggling with the conservative base? >> i think there's no question that mississippi and alabama are a big problem for him. these are not his people. not just in terms of conservative ideology, but also just culturally, romney is not a good ole boy. as far as kansas goes, that's not good territory either, although because it's a caucus, it lends itself toward better organization. and i think santorum's team is still struggling as we saw in ohio kind of just getting their ducks in a row when it comes to organization. >> and let's talk about the tortoise in this race, georgia was a make-or-break for newt gingrich and he won big. but it was his only win. how long do you think the he hocan hold on? >> as long as sheldon keeps writing the checks. it's all about the money for him. 4e doesn't see a need to pull out. he's not going to bow out for the good of rick santorum or anybody else in this.
i'm finding it amusing that he has pitched himself as the slow and steady candidate in this race. i'm not sure many people think of him in those terms. >> did it surprise you at all that we heard from sarah palin last night as well, that we haven't seen her in a while and she jumped into the fray and offered the fact that, hey, i might be available? >> she likes that spotlight. my guess is that she just took this opportunity to remind everybody that she's still around, and don't you miss me? i'm sure if they handed her the nomination, she'd be happy to take it. but i still don't see her wanting to row that. it's going to be bad if she tries to get back in there at this late date. >> michelle, great to have you here. appreciate it. gas is down another third of a cent. a third of a cent. it got us thinking, what is a penny worth to you?
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right now, the average price of a gallon of gas is $3.76. so does a third of a cent really matter? come on, really? alison kosik is at the new york stock exchange. everybody's excited, right? gas is going down. this is really, really small. but our team was all about talking about this today. i'm not going to call you out on our team. but one of the guys on our team says, when you can take a penny at the store, he takes the whole little cup and he puts it in his pocket. he takes the pennies. >> reporter: yeah. and you mentioned that gas is down three-tenths of one cent. that is a little piece of this penny. so it doesn't really seem like a lot, does it? then you go a little bit further and talk about gas prices. if you're making yourself crazy and driving around to save that one-cent difference, let's say the gas station across the street, is it really worth it? let's say you have a 15-gallon tank and you fill up at the one-cent cheaper gas station.
this is all you're going to save, 15 cents. this supports the case against the penny. i don't even think i'm going to pick up these pennies after this because most of us just walk by them on the street, right? there have been a lot of calls to get rid of pennies. there's been legislation proposed back in 2016 because it costs more to make a penny than what the penny is worth. it costs almost 2.5 cents to make a penny. doesn't make any business sense. >> what do you need them for? >> reporter: they're worth something. we talk about the day-to-day drops in gas prices. they don't mean much. but if you look at the long-term view, it adds up. the three-tenths of a cents add up. last month, gas was 28 cents a gallon cheaper. sure, that adds up. and we use pen analyst, don't we? they're important for commerce. if you get rid of them, you have to reprice everything and round off everything to the nearest
five cents instead of to the nearest penny. did you know that the penny is the most used coin in circulation? almost 5 billion were made last year. if all else fails to make a case for the penny, line up all the pennies made in the history of the u.s., they'd circle the earth 137 times. if you're really, really bored. >> that's pretty cool. and i have to say, maybe i'm cheap, but i don't pass a penny up. i pick it up off the ground and put it in my jar. eventually, in the jar, all the pennies add up. >> reporter: after several years. >> tell us about the markets. how many pennies have we got going on today in the markets? >> reporter: the pennies today are adding up as opposed to yesterday's big selloff when we saw the dow drop more than 20 o 0 points. the dow is up 71 points on the back of a pretty strong report from apd. 215,000 private sector jobs were
added last month. >> thank you, allison. good to see you. if you don't want to hang on to those pennies, i'll take them. a penny for your thoughts? we've said that. what is a penny worth to you? anything at all? is the difference like a fraction of a cent, gas prices enough to make you really feel it in the budget? tell us what you think. post your thoughts on my facebook page or send me a tweet @suzannemalveaux. tech world now buzzing ahead of the latest unveiling from apple. we'll preview the new ipad. what is that? new crystal light energy -- for women.
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this is year. it is apple's latest ipad. then, president obama, north carolina today. a state reeling from the poor economy, critical to his reelection hopes. we'll bring his remarks live. and later, it's the gift that keeps on giving for comedians. inside the rush to bash rush limbaugh. when it first debuted two years ago, talking about this here, most of us asking the question, what is an ipad? times have changed. today tech experts and customers alike can't get enough of it. apple hopes to continue the winning streak as it's expected to unveil its third version of the ipad, that in san francisco in the next hour. joining us live with a preview, digital lifestyle export mario armstrong. i'm a dinosaur, man. i'm a dinosaur. i bought this thing. i thought i was on top of everything. and now there's another one coming out. how is it going to be any different than what i've got now? >> everybody follow suzanne on twitter and make her feel tech
savvy. >> @suzannemalveaux is my handle. >> the difference with this one is, apple is very good at keeping things under wraps. so there's a lot of speculation, a lot of rumors. we won't know until later this afternoon what's fact from fiction. but number one, we will see a clearer display. something being called a retina display. it's almost double the clarity of what you see on the screen now. it may actually be called the ipad hd. who knows? maybe ipad 3. we don't know. it will have a faster processor. that's obvious. better cameras. but what will be different is we'll goat to the point that the processing speed and the ipad 3 will be faster and better for creating things, not just consuming content, which is what it's largely been about. >> you could do movies, you can do pictures, all that stuff is going to be upgraded, yes? >> yes. and i think you'll be able to do more editing with those things.
i think you'll be able to do more video editing on the actual unit. you'll be able to do more with presentations on the unit. we know that small business owners are big into the ipad. had a skyrocket jump in the amount of those owners buying it. we're finding it beyond consumers, finding its way into business. i think people want to not only use it for consumption but also for creation. >> last product roll-out, talking about the iphone s4. i have the iphone here. it's the dinosaur version. but that wasn't received very well. are they going to try to do anything different today in this roll-out? >> we might see a few surprises. i think we're going to stay towards what's been tried and true and has worked well before. obviously this will be without steve jobs delivering it. but i don't think there's going to be anything magical that may happen. although i do think maybe hologram technology might happen -- just kidding. >> what? what did you say? >> the rumors are out there.
you'd be surprised at what people want. people want it to be faster. they want usb slots in it. i don't think that's going to happen. there's a huge appetite for what the potential is for this product. but one thing is sure. the competition has been getting beat up. this is the hp, this one has died. this is a samsung galaxy tablet, did okay. this is the blackberry messenger ] . this one is on the ropes. and you have the only one probably really giving it a run for its money is the amazon kindle fire. >> do you think there's going to be any risk? are they concerned that there's going to be apple fatigue? we have all this apple stuff. maybe people will get tired of it? >> no, i think people get tired of the prices. i think people get tired -- that might be a little bit of a surprise today. we may hear about an ipad 2, older version ipad, that's less in price. if that happens, then we'll see
even more people buying ipads. but i don't think you could have apple fatigue. it's just -- it works too well. it's set the bar tremendously high and no one has really been able to get to that level yet, to really offer a comparison that's a really good fight. >> mario, do me a favor f. you get ahold of one of these new ipads, hook me up so i know how to work this thing, okay? i'm still a little behind. >> you get last year's model. i get the new one. but it will still be more advanced than what you have now. >> that's true. more advanced than what i have now. i need a little help. thank you, mario. >> everybody, follow suzanne malveaux on twitter. >> thank you. a day after super tuesday, the president heads to an important swing state to talk about the economy. we are live in north carolina. there are patients who will question,
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his advisers, they think he could do it again. don loatthian is at mt. holly where the president is going to speak in a couple of minutes from now. dan, i think he's going to talk about fuel efficiency standards and everybody's focused on the price of gas. do they think this is a winning issue for voters paying close attention? >> reporter: well, yeah. the timing of this message, obviously, is because of the challenging energy climate that you see out there. as you pointed out, you have high prices at the pumps. there's the constantly volatile oil market. and heavy dependence on foreign oil. the president will be pushing green cars and trucks as well. the message he'll have here today, some of it we have heard before. he'll also be proposing $1 billion for more than a dozen communities across the country to provide some of the infrastructure for these energy-efficient vehicles, such as charging stations for
electric vehicles. in addition to that, the president also wants to provide more money or incentive for consumers to buy these electric vehicles. as you know f you buy an electric vehicle, you can get a $7,500 tax credit. the president wants to expand that to a rebate of up to $10,000 if you buy a green vehicle, one that has alternative fuel. the president believing that this is a way to not only make more energy-efficient vehicles out there on the market but also create more jobs. some of this will require congressional approval. there's been criticism from republicans out there who say the energy policy the president is putting out there is more words than action. >> dan, what are we seeing, actually? the president always says his team loves to create a creative backdrop for the president. do we see any fuel-efficient cars?
what do we have behind you there? >> reporter: right. this is a plant for trucks where they have a line of energy-efficient trucks here at this plant. so that's what you're looking -- it's the cab and the back section of the trucks. you see it here. that will be the backdrop for the president as he will be speaking just a short time from now. but what's also important is the state that the president is in. this is a pivotal state for the president. he won it. a swing state the president narrowly won in 2008 by some 14,000 votes. it's also the state where the democrats will be having their convention coming up in september. but there's a big problem for the president here this time around because the unemployment rate is very high. well above the national average at about 10.4%. so the president trying to appeal to those blue-collar voters who could be crucial to his campaign, not only the president here, but we've seen the first lady and the vice president campaigning here in
the state. >> popular place. they need to win it. thank you, dan. rush limbaugh's controversial remarks made headlines. but he is quickly becoming the punch line for big-name comedians. this bowl of strawberries is loaded with vitamin c. and now, b vitamins to boot. coffee doesn't have fiber. unless you want it to. splenda® essentials™ are the first and only line of sweeteners with a small boost of fiber, or antioxidants, or b vitamins in every packet. mmm. same great taste with an added "way to go, me" feeling. splenda® essentials™. get more out of what you put in.
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limbaugh. >> reporter: remember the days when the "s" word was an ignorant punch line. the way rush limbaugh has used it makes him a punch line. >> poster boy for contraception, rush limbaugh. >> four wives he's had no children. dude, you are birth control. >> reporter: cartoonist put him in a viagra bottle, represented him as a pig and did the rim bo, the rush limbo. cartoonist mike thompson is running a cartoon caption contest. entries so far include "open mouth, insert career." "who says i'm an inflexible bigot." and "my foot is such a slut". >> what year is this, limbaugh?
shut your cake hole, please. >> at least she said, please. >> he's a fat, gutless loser. >> he only apologized to keep his advertisers, proving rush will do anything with his mouth for cash. >> reporter: some conservatives say the left is out to hush rush, to silence him. >> what political party is rush limbaugh a part of? >> he's a whore. >> reporter: all this name-calling. as for the name of the law student insulted by rush, sandra fluke, rush calls her -- >> susan fluke. susan flake. sandra fluke, whatever her name is. >> reporter: a bronze bust of rush is scheduled to be enshrined soon in the hall of famous missourians at the state capital, alongside governors and mark twain and walter cronkite. can you imagine walter reporting on this -- >> it means your a slut, right? >> he's actually a very good person. i'm sure he will be just fine. >> reporter: while rush is
facing the music, someone was actually listening to the music, playing ever so low during rush's rant -- ♪ >> what does it say about the college coed susan fluke -- >> reporter: that's peter gabriel's song "sledgehammer." and he doesn't want rush using it anymore, etch if the music video does feature a sperm. jeanne moos, cnn, new york. >> don't forget to tell us what you think about today's if the talk back" question. what does a penny mean to you? when the price goes down a couple of cents or even a fraction of a cent, does it even matter? are pennies even worth carrying around anymore? jean says, the penny is useless, back in the old days, pennies could actually buy things. what's this? [ male announcer ] quaker oatmeal squares
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value of a penny? how many end in .99? that penny in your market means significant increases in sales for the company. we can never underestimate the impact of that 1/100th of a dollar and that's my two cents' worth. jasmine says, pennies add up. that's why i save all of my change. $200 extra a year is something big. we'll have more of your responses in the next hour of "newsroom." checking our stories affiliates are covering across the country. a massive fire early this morning in massachusetts. left ten people homeless. the fire started in a vacant house. spread to two other buildings, destroying a three-story home. two police officers in oregon are being called heroes today after they pulled a man from this burning car. you have to check out the video.
this was taken from a police car dashcam. the driver had run into a utility pole. the electrical wires, you see there, fell, setting this car on fire. >> it was to the point that i was afraid my uniform shirt was going to start melting because of the polyester. >> we came back around to the passenger side, we basically climb inside the car and both of us together are able to unwedge this guy from the driver's side and then pull him out. >> incredible stuff. this 81-year-old woman, she has won the third largest powerball jackpot in the history of the game. louise white from newport, rhode island, got $336 million. her chances of winning? 1 in 175 million. one lucky woman. i want to go directly to president obama. he is speaking now in north carolina, talking about fuel efficiency. let's listen in.
>> it's like a tax straight out of your paycheck. and for companies that operate a whole fleet of trucks, the higher costs can make a big difference in terms of the profitability of the company. now, here's the thing, though. this is the not the first time we've seen gas prices spike. it's been happening for years. every year about this time, gas starts spiking up. and everybody starts wondering how high is it going to go. and every year, politicians start talking when gas prices go up. they get out on the campaign trail and you and i both know, there are no quick fixes to this problem. but listening to them, you'd think there were. as a country that had 2% of the world's oil reserves but uses 20% of the world's oil -- i'm going to repeat that. we've got 2% of the world's oil
reserves. we use 20%. what that means is as much as we're doing to increase oil production, we're not going to be able to just drill our way out of the problem of high gas prices. anybody who tells you otherwise either doesn't know what they're talking about or they aren't telling you the truth. here is the truth. if we are going to control our energy future, then we've got to have an "all of the above" strategy. we've got to develop every source of american energy, not just oil and gas, but wind power and solar power, nuclear power, biofuels. we need to invest in the technology that will help us use less oil in our cars and our trucks, in our buildings, in our factories. that's the only solution to the challenge because as we start using less, that lowers the demand, prices come down.
it's pretty straightforward. that's the only solution to this challenge. and that's the strategy that we've now been pursuing for the last three years. and i'm proud to say we've made progress. since i took office, america's dependence on foreign oil has gone down every single year. in fact, in 2010, it went under 50% for the first time in 13 years. you will note from listening to some of these folks out here, some of these folks -- but a key part of our energy strategy has been to increase safe, responsible oil production here at home. under my administration, america's producing more oil today than anytime in the last eight years. under my administration, we've quadrupled the number of operating oil rigs to a record
high. we've got more oil rigs operating now than we've ever seen. we've opened up millions of new anchors for oil and gas exploration. we've approved more than 400 drilling permits that follow new safety standards after we had that mess down in the gulf. we're approving dozens of new pipelines. we just announced that we'll do whatever we can to speed up construction of a pipeline in oklahoma that's going to relieve a bottleneck and get more oil to the gulf, to the refineries down there. that's going to help create more jobs, encourage more production. so these are the facts on oil production. if somebody tells you, we're not producing enough oil, they just don't know the facts. but how much oil we produce here at home because we only have 2% and we use 20%, that's not going to set the price of gas worldwide or here in the united states. oil is bought and sought on the
world market. and the biggest thing that's causing the price of oil to rise right now is instability in the middle east. you guys have been hearing what's happening with iran. there are other oil producers that are having problems. and so people have gotten uncertain. and when uncertainty increases, then sometimes you see speculation on wall street that drives up gas prices even more. but here's the thing -- over the long term, the biggest reason oil prices will go up is there's just growing demand in countries like china and india and brazil. there are a lot of people there. in 2010 alone, china added nearly 10 million cars on its roads. think about that. 2010, 10 million new cars. people in china, folks in india, folks in brazil, they're going to want cars, too, as their standard of living goes up. that means more demand for oil. and that's going to kick up the price of oil.