This program is 29 minutes long
(Chicago: Chip Reid) Obama’s grim assessment of the economy in his first press conference reviewed; scenes shown of his economic advisors. [OBAMA – says he will confront this economic crisis head-on; says we need a rescue plan for the middle class; calls for a stimulus package; notes the new family dog is a major issue; jokes about shelter dogs being “mutts like me.”]
(Studio: Katie Couric; Washington: Bob Schieffer) Obama’s press conference and the lineup for “Face the Nation” discussed.
(Studio: Katie Couric, Anthony Mason) What Obama needs to do about the economy discussed.
(Studio: Anthony Mason) The harrowing October jobs report examined; statistics on job losses cited; scenes shown from a job center and a food bank in Rhode Island, which has the highest state unemployment rate. [Standard and Poor’s David WYSS- predicts the situation will get worse.] [Unemployed Jacalyn HIRSTY- comments on her situation.] [Jonnycake Center Of Peace Dale director Susan GUSTAITIS- says folks have nowhere else to turn.]
(Studio: Katie Couric) The quarterly losses for Ford and GM cited.
(Detroit: Cynthia Bowers) The crisis in the auto industry examined; statistics on the cash burn, job cuts and sales cited; details given about the request for a loan from the big 3. [Little Joe’s Coney Island manager Nick FETAHU- worries about losing his customers.] [WOMAN – reacts.] [General Motors CEO Rick WAGONER- says we have no plans other than to run the business.] [2953 Analytics auto analyst Jim HALL- notes if a car company goes under it will have a devastating effect on consumer confidence.]
(Miami: Kelly Cobiella) The collapse of a school in Haiti featured; scenes shown of rescue efforts, desperate parents, kids being pulled from the rubble; details given about the shoddy construction.
(Atlanta: Mark Strassmann) Some industries that are still hiring despite this recession featured; examples cited. [Job applicant Kim BLACK- comments on her search for a stable job.] [Headhunter Rosemary GIGNILLIAT- comments on the jobs available in health care.] [Entrepreneur Andrew GREIDER- comments on starting his own marketing company.] [Custom home builder T.C. COLLIER- says we have to be creative and find new things to do.]
(China: Scott Pelley) A “60 Minutes” report on electronic waste from the US that is sent to China for recycling but ends up in a junkyard where it is burned presented; scenes shown of the scuffle as gangs turned the news crew away. [Basel Action Network Jim PUCKETT- says this is illegal and they’re afraid it is going to dry up.]
(Columbus, Ohio: Steve Hartman) The marching band from the Ohio School for the Blind in Columbus featured; scenes shown of the band practicing with volunteers and spelling “Ohio” in Braille. [Band director Dan KELLY- states his philosophy: if it can't be done, let's do it anyway.] [Several STUDENTS – react to the idea of marching and going to the Rose Parade in 2010.]
(Studio: Katie Couric, Steve Hartman) This story and next week’s segment discussed.