This program is 29 minutes long
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(Studio: Anthony Mason) The looming crisis in Europe featured; details given about the danger of Spain and Italy defaulting on their debt and the impact on the US economy. [Economist Michael DARDA††- worries the entire European banking system will collapse.] The response of Britain and of German Chancellor Angela Merkel noted.
(Studio: Scott Pelley) Sunday’s elections in Greece noted.
(Athens: Clarissa Ward) The impact of Greece’s austerity measures on the public health system examined; scenes shown from clinics and emergency rooms. [Cardiologist Dr. Chris ROKKAS††- says we have serious shortages of essential materials.] The views of Greek voters on austerity discussed.
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(White House: Norah O’Donnell) Obama’s vision for the economy featured; details given of his plan for investments and taxing the rich. [In Cleveland, OBAMA – criticizes the policies of former President George Bush; says paying down our debt can be done.]
(Studio: Scott Pelley) Report introduced.
(Washington: Jan Crawford) Romney’s view on the economy featured; details given about his plans for creating jobs. [In Cincinnati, ROMNEY – criticizes Obama; warns about becoming more like Europe.]
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(Cairo: Allen Pizzey) Two rulings in Egypt by judges appointed by former President Hosni Mubarak that keep the military in power examined; details given about the decisions to dissolve the parliament and to strike down the law that would have barred former Prime Minister Ahmed Shafiq, who will face Muslim Brotherhood member Mohammed Morsi in a run-off vote, from office. [American University professor Khalid FAHMY††- says the army has staged a coup using the courts; says they want to return to the previous regime.]
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(Emmaus, Pennsylvania: Seth Doane) The tough times for middle class families examined; average family net worth and the drop in average homeowner equity cited; details given about the collapse in home values. [Lehigh County, Pennsylvania resident Rick SNYDER††- wonders if he can retire; says he is no better off than a decade ago.] [Certified financial planner Tim WATTERS††- says people are in tears sometimes.]
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(Washington: Bill Plante) A look back at the Watergate break-in 40 years later presented; footage/photos shown; tape of President Richard Nixon talking about stealing evidence to blackmail former President Lyndon Johnson played. [Former “Washington Post” reporters Carl BERNSTEIN††, Bob WOODWARD††- comment on the pattern of law-breaking within Nixon’s administration; comment on the lessons learned: watch concentrations of power.]
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