CBS Evening News Archives
October 26, 2011Geithner: Obama "Relentlessly Focused" On Jobs
"He was relentless focused on it. And In fact, he was doing things that were deeply difficult politically for him," Treasury Secretary Tim Geithner said about Obama and job creation.
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BET Founder: No Leadership In White House To Fix Economy
Scott Pelley, CBS "Evening News" anchor: How do you create jobs in this country?
Robert Johnson, founder of Black Entertainment Television (BET): Unfortunately now, I don't think we have the leadership either in the White House or the Congress to end what I call a zero-sum game mentality towards the U.S. economy. And until both parties agree that the goal is to rebuild the American economy to reflect the 21st century on a global environment - we're going to be stuck. And it's a little bit frightening from the standpoint of a business person and particularly an African-American business person.
Pelley: What do you mean frightening?
Johnson: The facts are African-American unemployment is 16.7 percent, almost double the national average and probably higher than that when you factor in those people who've given up or those people who can't find real jobs. And studies continue to show that African-Americans are falling behind by every indices that you can imagine - home ownership, economic opportunity, access to capital. And that to me, creates a prescription that could lead to two societies, separate and unequal, but also to a lot of social unrest.
Pelley: Your message to Washington then is what?
Johnson: My message to Washington is simply sacrifice your political job for the job that American people want you to do. That's as simple as that. Be willing to be a one-term congressperson. Be willing to be a one-term president, be willing to be a one-term senator. Take that position. That the issues before the country are far greater than me returning to Washington and starting the same old treadmill over again.
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CBS's O'Donnell: Obama Displayed Engagement To Irene Relief
CBS White House correspondent Norah O'Donnell said President Obama displayed his engagement to the federal government's response to Hurricane Irene by returning a day early from vacation and meeting with the head of FEMA. O'Donnell says the administration wanted to make sure no comparison to the government's handling of Katrina was made.
"I think it's important to note too that the Obama administration was really determined to avoid any comparisons to the failed federal government response to Hurricane Katrina. So, President Obama made a very public display of his engagement on this issue. He returned from his vacation a day early. Yesterday, he went to the headquarters of FEMA where he talked not only with the head of FEMA and the Department of Homeland Security, but also all the Governors and state and local officials. So, that was key certainly for this President," O'Donnell reported.
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Obama Cannot Guarantee Social Security Checks Will Go Out On August 3
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," President Obama said in g an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
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Bob Dole: "I Hope" Gingrich Doesn't Have A Chance To Be President
Former Republican presidential nominee Bob Dole, a Romney surrogate, told CBS News Newt Gingrich is "very bright" but "very difficult to work with."
"I hope not," Bob Dole said when asked if he thinks Newt Gingrich has any chance to be president.
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