February 14 - The debate is on between President Obama and Republican leaders over the president's proposed budget. Hear from both sides in today's program. Plus, consider the multi-generational impact of Greece's debt crisis, and hear some predictions about when a major earthquake could strike Japan's most populated city. Finally, find out what drove one man to the top of Mount Kilimanjaro.


STUDENT NEWS

US Budget Presented; Greek Economic Crisis

Aired February 14, 2012 - 04:00:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


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GROUP: Welcome to CNN Student News from Mr. Law`s seventh grade social studies class at Wapakoneta Middle School, the hometown of Neil Armstrong, the first man to walk on the moon. Have a fun time.

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CARL AZUZ, HOST, CNN STUDENT NEWS: Home of Neil Armstrong. We want to take one small step and thank Mr. Law`s class for that introduction before we take a giant leap into today`s headlines. I`m Carl Azuz. This is CNN Student News.

All right. You`ve had experience making a budget at some point in your life. You planned how much money you`re going to spend, how much you`re going to save. The U.S. government has to work with a budget, too. President Obama released his budget proposal yesterday. Total price tag on this one: $3.8 trillion.

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AZUZ (voice-over): The president`s proposal would make cuts in some areas of government spending. It would also spend money on education and infrastructure, things like roads and bridges. Plus, it would raises taxes on some wealthy Americans. President Obama says there isn`t room in the budget for everything.

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: Do we want to keep these tax cuts for wealthiest Americans? Or do we want to keep investing in everything else? Education, clean energy, a strong military? Care for our veterans? We can`t do both. We can`t afford it.

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AZUZ: All right. Now Republican leaders have been against the idea of raising taxes on the wealthy. They say that will not help the American economy. They also argue the country should be spending less, not more, and they President Obama`s budget proposal could actually hurt the economy.

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SEN. JOHN CORNYN (R), TEXAS: Well, this is a very sad day, when the President of the United States fails to keep his promises to the American people once again, and rather than treading water, he actually makes things worse.

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AZUZ: One thing to keep in mind in all of this, the budget proposal is just a proposal. The president doesn`t actually set the country`s budget. That`s something that Congress does.

Well, next up, Greece is in the middle of an economic crisis. It`s been going on since 2010. You probably heard us mention it several times on our show. Other European countries have offered bailouts to Greece. But in order to get them, Greece`s government has to make some spending cuts.

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AZUZ (voice-over): That means cuts to workers` salaries and their retirement, their pensions. Many Greek citizens aren`t happy about this.

Thousands of people gathered in front of parliament over the weekend. They were protesting against the newest cuts. Those protests turned violent with crowds throwing rocks and firebombs at police. Officials say 106 officers and dozens of civilians were injured in the fighting.

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AZUZ: Matthew Chance filed our next report today about the impact that this crisis is having on different generations of Greek citizens.

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MATTHEW CHANCE, CNN REPORTER: Well ,this is just a part of the aftermath of that terrible violence that we witnessed on Sunday night here in Athens. This is a building, obviously, in the center of the Greek capital. It actually housed one of the city`s most historic cinemas.

And there`s a lot of people in the city who are reviled, disgusted at the fact that the protesters torched this building and left it in this state. But even though most people here don`t, you know, approve of the violence that led to this, I think it`s pretty clear that it was an expression of a much wider anger and frustration amongst Greeks about what`s happening to their country.

OK. Well, one of the groups that`s most affected by the crisis in Greece are people between the ages of 16 and 24. Official statistics say unemployment in that age group is a massive 48 percent.

Young and old affected by this economic crisis, some pensioners say they`ve already endured a 25 percent cut in their monthly income, and now they`re going to have to face more cuts with these new austerity measures that are being implemented.

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UNIDENTIFIED MALE: What`s the word? It`s the place on the Earth`s surface directly above the focus of an earthquake. Epicenter, that`s the word.

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AZUZ: You probably remember the massive earthquake that hit Japan last year. The epicenter of that was out in the ocean, more than 200 miles away from Tokyo. But scientists in the island nation are considering the possibilities of another major quake, one whose epicenter could be right in the heart of the country`s most populated city.

Kyung Lah looks at how Japan and its people might prepare.

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KYUNG LAH, CNN REPORTER: Is it a matter not of if, but when?

LAH (voice-over): "What I`m saying is that sooner or later the earthquake will happen," says Professor Shinichi Sakai (ph). He`s not talking about just any earthquake, but the big one, epicenter Tokyo.

Sakai (ph) is with the Earthquake Research Institute at Tokyo University, the agency of record when it comes to earthquakes in Japan. And the institute believes there is a 50 percent chance that in four years a massive magnitude 7.0 will strike Tokyo.

Ominous words not lost on any of Tokyo`s 12 million residents. Thousands took part in this nationwide drill for when that big one hits.

The earthquake institute says since March 11th, quakes have hit Japan at five times the normal level. In essence, say researchers, the entire country`s ground structure shifted, making a massive quake centered on Tokyo much more likely.

LAH: Tokyo is built to withstand a massive quake, but it`s not these modern high-rises that concern city leaders. It`s the older houses, where people live in the city, structure collapses and building fires -- that`s what researchers say will kill an estimated 10,000 people if a magnitude 7.0 strikes here.

LAH (voice-over): "It`s scary," says Setsuko Morita. "There are so many quakes lately." She adds, "I don`t know what any of us can do about this."

"All you can do is prepare and go through the motions of an actual disaster," says Tokyo resident Kenji Isono, logging into the practice disaster site via his mobile phone. He also bought a hand-operated phone recharger just in case of a quake.

LAH: Why do you think more about disasters now?

LAH (voice-over): "Because I feel so many quakes all over Japan," he says, "even though the huge quake centered on Tokyo hasn`t struck yet, we`re more aware."

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UNIDENTIFIED MALE: Is this legit? Mt. Kilimanjaro is not part of a mountain range.

It`s true. Kilimanjaro is a freestanding mountain that`s surrounded by forests.

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AZUZ: Mt. Kilimanjaro is the tallest freestanding mountain in the world, and it`s one that Kyle Maynard can look down on. He made a successful climb up Mt. Kilimanjaro this year.

You might remember Kyle Maynard. We`ve had him before on CNN Student News. He`s a quadruple congenital amputee. His arms and legs end at the elbows and the knees. He was here at the CNN Center recently, speaking with Dr. Sanjay Gupta about why he took on the challenge of Kilimanjaro.

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DR. SANJAY GUPTA, CHIEF MEDICAL CORRESPONDENT: First of all, is that right, 19,336 feet?

KYLE MAYNARD, MOUNTAIN CLIMBER: Yes.

GUPTA: You must have the number memorized, seared into your brain.

MAYNARD: It`s definitely -- the experience is seared in, that`s for sure. It was on up top, that 19,000 feet, you`re looking at half atmosphere. So that`s half the amount of air that we have here at sea level.

GUPTA: It`s -- the images are behind you here, Kyle, of what it looked like a little bit. And first of all, I`m just so inspired and excited to have you here, and thank you for coming.

Where does this -- the -- where did this idea come from, and just the mental fortitude and just the idea that, I mean, this is what you want to do. You want to do something that`s -- is frankly seemingly impossible. How did -- how did it all come about?

MAYNARD: You know, our purpose behind this from the beginning was really just to have this vision to help other people go and say, that, look if you are unsatisfied with, you know, whatever condition, circumstances are in your life, then you have the choice to be able to go and create a life that you want, and to be able to go and make the decision to go and do it.

And things aren`t going to be perfect when you start. But just to go and choose that, you know, say that, hey, like I`m capable of living more.

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AZUZ: That`s great stuff.

Well, before we go, even though I`m not wearing the colors, today is Valentine`s Day.

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AZUZ (voice-over): This holiday has really gone to the dogs. At least it has in a town in Ohio. It`s the annual Valentine`s Day social.

There`s a costume contest, a kissing booth and if anyone falls in puppy love, the canine couples can head to the corner chapel and get hitched. Here comes the bride, all dressed in -- fur. We assume they write their own vows for richer or poorer, in sickness and in health, to love and cherish --

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AZUZ: -- till death do us bark. That brings us to the -- I like that pun. That brings us to the tail end of today`s show. We hope you have a very happy Valentine`s Day. And for CNN Student News, I`m Carl Azuz.

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UNIDENTIFIED FEMALE: It`s time for the Shoutout. If you think you know it, then shout it out. You`ve got three seconds, go.

That`s your answer, and that`s your Shoutout.

(END VIDEO CLIP)

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE: Today`s Shoutout goes out to

You know what to do.

You`ve got three seconds, go.

That`s your answer, and that`s your Shoutout.

(END VIDEO CLIP)

(BEGIN VIDEO CLIP)

AZUZ (voice-over): On this day in history,

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END



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밋롬니, 공화당대선후보 네바다주 예비선거 승리/미국 실업률 8.3%까지 하락/중국과 러시아, 유엔 안보리의 시리아 제재안에 거부권행사/호주 퀸즈랜스에 대홍수/기타 등등

STUDENT NEWS

Nevada Caucuses Results; Multi-Generational Households

Aired February 6, 2012 - 04:00:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


CARL AZUZ, HOST, CNN STUDENT NEWS: Back from the weekend, I`m Carl Azuz, and this is CNN Student News. You`ve probably ordered fast food -- not like the guy you`re going to hear in a bit, though. First up, we`re heading to Nevada.

It`s a state that Mitt Romney has to be pretty happy with right now. The former Massachusetts governor finished in first place in Nevada`s Republican presidential caucuses over the weekend.

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AZUZ (voice-over): Now these caucuses are different from primaries, where each person casts a single vote. During a caucus, groups of people meet and declare which candidates they prefer. As the votes started being counted on Saturday, CNN projected that former Governor Romney would win Nevada. A lot of experts have predicted that, since he won the state`s caucuses four years ago as well.

But the result isn`t changing the Republican field of candidates. Former House Speaker Newt Gingrich, U.S. Representative Ron Paul and former Senator Rick Santorum have all promised to stay in the race. The next round of contests is tomorrow, caucuses in Minnesota and Colorado and a primary in Missouri.

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AZUZ: Looking at an economic headline that some experts are calling a nice surprise, the U.S. unemployment rate dropped to 8.3 percent in January. That is the lowest it`s been in nearly three years, and the economy added 243,000 jobs in January. That`s nearly double what experts were predicting.

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AZUZ (voice-over): But most economists say there`s still a long way to go here, and there`s no guarantee that the job growth we`ve seen lately will continue. President Obama had a similar message during a speech on Friday. He says these numbers will probably go up and down.

While the current news is good, the president said there are too many Americans who need a job or need one that pays better than the one they have now.

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UNIDENTIFIED MALE: See if you can ID me. I`m a group with members from different countries. I change presidents every month, I have 15 members and five of them are permanent. I`m part of the United Nations. I`m the U.N. Security Council, and my main responsibility is to maintain global peace and security.

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AZUZ: At this time, the Security Council is not taking action when it comes to the nation of Syria and the violence that`s been raging in that Middle Eastern country for months.

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AZUZ (voice-over): The Council was considering a resolution that would have demanded that Syria`s president stop the fighting in his country. But China and Russia voted against the resolution. Those countries say they want the violence in Syria to end, but they said the language of the resolution would have made the situation more complicated.

U.S. Secretary of State Hillary Clinton responded to the no vote.

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Hillary Rodham Clinton, Secretary of State: What happened yesterday at the United Nations was a travesty. Those countries that refused to support the Arab League plan bear full responsibility for protecting the brutal regime in Damascus.

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AZUZ: In Australia, authorities are using military helicopters and a giant cargo plane to help evacuate areas that are being hit by flooding. The area being affected the most is the state of Queensland.

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AZUZ (voice-over): Weeks of heavy rains have caused river levels to rise up, and officials are predicting record-breaking floods there. Thousands of people have been told to get out of the path of the waters. Food and medical supplies are being flown into areas that are more isolated.

In the town you see right here, the water has started to go down after days of major flooding. Authorities have lifted evacuation orders and residents are gradually making their way back. But they have been warned: stay away from the waters.

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UNIDENTIFIED FEMALE: It`s time for the Shoutout. Which of these generations came first? If you think you know it, then shout it out. Is it X, Baby Boomer, Millennial or Silent? You`ve got three seconds, go.

The so-called Silent Generation is the oldest on that list. It includes anyone born from the late 1920s through the mid-1940s. That`s your answer, and that`s your Shoutout.

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AZUZ: Well, we`re all used to multiple generations getting together for holidays or special celebrations, things like that. You, your parents, your grandparents, all together in the living room.

For some families, this is a daily thing. Millennials, Gen-Xers, Baby Boomers, the Silent Generation, all living under the same roof. As Christine Romans reports, it`s a trend that`s making a comeback.

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CHRISTINE ROMANS, HOST, "YOUR BOTTOM LINE" (voice-over): Meet the Loefflers.

TOM LOEFFLER, LIVES IN MULTIGENERATIONAL HOUSEHOLD: I`m Dad.

SHARON LOEFFLER, LIVES IN MULTIGENERATIONAL HOUSEHOLD: I`m the mom.

MATT LOEFFLER, LIVES IN MULTIGENERATIONAL HOUSEHOLD: I am the son.

UNIDENTIFIED FEMALE: I`m the grandmother and great-grandmother.

ROMANS (voice-over): Three generations, plus one dog, living under one roof. Make that four generations when granddaughter Ella visits.

S. LOEFFLER: I really value family. It means a lot to me to have everybody together a lot.

ROMANS: For the first time in decades, more generations are moving in together, reversing a trend that`s been in place since World War II. It`s about culture, it`s about convenience, it`s about money.

ROMANS (voice-over): The trend has grown 30 percent over the past decade, fueled by immigration, people living longer and more recently job losses and foreclosures.

DON DYRNESS, SPECTRUM CONSTRUCTION: We have a couple of bedrooms upstairs.

ROMANS (voice-over): New Jersey builder Don Dyrness renovates single family homes to accommodate more than one generation.

When you look at what`s been happening in the housing market, you can see that this is an area in housing that is showing growth, no question. Are you seeing that in your business?

DYRNESS: Absolutely. We`ve been doing multi-gen houses for 20- something years, it was spotty, one-a-year, two-a-year, zero, and then in 2009, it`s grown to three to five projects per year.

ROMANS (voice-over): One of those projects, building an addition for the Loefflers.

UNIDENTIFIED FEMALE: This is the kitchen --

I could have never lived by myself. I could have never afforded it. I never -- I couldn`t --

S. LOEFFLER: Yes.

UNIDENTIFIED FEMALE: -- you know.

S. LOEFFLER: To her, it was definitely economic. But for us, I think it was peace of mind having her here.

ROMANS (voice-over): Peace of mind also meant a new social dynamic to keep the peace.

S. LOEFFLER: Mom is sensitive to our family dynamics, too.

T. LOEFFLER: It was important for us to keep the -- her room separate. I mean, she`s an integrated part of the house, but you know, she could make it separate. And she has a separate entrance onto the back deck, so she -- hopefully, she feels like, hey, it is separate. I think those are the important things.

ROMANS (voice-over): But change comes with unexpected perqs, too.

UNIDENTIFIED FEMALE: My washer and dryer right here.

M. LOEFFLER: (Inaudible) to bring my laundry down, drop it off, and when I come home from work, it`s all pressed and good to go.

ROMANS (voice-over): Christine Romans, Succasunna, New Jersey.

(END VIDEO CLIP)

AZUZ: Some of you might have heard the expression, "You`ve got to sing for your supper." Let`s say you`re a young musician who wants to get his name out there. You pull into a fast-food restaurant with a hankering for some chili cheese tater tots, and you think, maybe this. Maybe this is my big break. Jim Altman of affiliate WTIC explains what happened next.

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JIM ALTMAN, CNN REPORTER: In the midst of a chaotic Tuesday night at the Wallingford Sonic, there was harmony in stall six.

UNIDENTIFIED FEMALE: Good evening. Welcome to Sonic. My name is (inaudible). Whom do I have the pleasure of speaking with?

GIORGIO FAREIRA, SONIC SINGER: Giorgio.

ALTMAN (voice-over): Starving artist Giorgio Fareira brought more than his appetite here.

FAREIRA: Can I get a number eight with large chili cheese tater tots.

ALTMAN (voice-over): With guitar in hand and fast food on the mind, Giorgio decided to serenade his Sonic server. The video has gone viral in short order.

UNIDENTIFIED FEMALE: (Inaudible) what would you like to drink?

FAREIRA: Cherry limeade.

UNIDENTIFIED FEMALE: I`m sorry. Could you repeat that?

FAREIRA: Cherry limeade, please.

I planned it all kind of like the song I`m playing now, just making it up.

Oh, he`s a wonderful young man. He`s got an incredible voice, obviously. And this completely blew me away. I`ve never seen anything like this before.

FAREIRA: Are you ready for the next part?

ALTMAN: So now, of course, the idea is for Giorgio to take this from the Sonic stall to the big stage.

FAREIRA: That`s absolutely right, and I couldn`t have put it better myself.

Do you have cheese on those number four tater tots?

UNIDENTIFIED FEMALE: No, I do not. Would you like me to put some on the cheese tots?

FAREIRA: Please, please put cheese on them for me tonight.

ALTMAN (voice-over): He says he`s still the same.

FAREIRA: (Inaudible), still just Giorgio. People kind of like my name, (inaudible).

UNIDENTIFIED FEMALE: I could not believe it. I didn`t think it would go this far.

UNIDENTIFIED FEMALE: Is there anything else I can get for you?

FAREIRA: Just have a wonderful night.

UNIDENTIFIED FEMALE: OK, you too.

FAREIRA: Thank you.

(END VIDEO CLIP)

AZUZ: It really helps he didn`t have to rhyme everything, but a struggling musician who`s hungry for dinner, Giorgio is a true starving artist. And since so many people have heard this story, maybe some other singer will try to copy the routine note for note. But if he did it during breakfast, he`s need to order some "harmony" grits.

We -- some of you who have like had hominy grits before or even heard of them will get that. The rest of you are like, just finish up. All right. We hope you`ll get keyed up to tune in tomorrow for more CNN Student News. We`ll see you then. Bye-bye.

END

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