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CNN Student News Transcript: March 9, 2009

  • Story Highlights
  • Take note of what's making headlines from Iraq to Ireland
  • Discover how one American job may hinge on 3 million others
  • Hear one restaurant's environmental method of fanning up business
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(CNN Student News) -- March 9, 2009

Quick Guide

International Headlines - Take note of what's making headlines from Iraq to Ireland.

Jobless Claims - Discover how one American job may hinge on 3 million others.

Wind Energy - Hear one restaurant's environmental method of fanning up business.

Transcript

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

CARL AZUZ, CNN STUDENT NEWS ANCHOR: Well, we lost an hour of sleep over the weekend, but you are right on time for this Monday edition of CNN Student News. Hi, everyone. I'm Carl Azuz. First up, we are bringing you some international headlines.

First Up: International Headlines

AZUZ: We begin in Iraq, where the U.S. military is planning to reduce the number of American forces serving in the Middle Eastern nation. Officials announced that 12,000 U.S. troops will leave by this fall, the result of "an increased level of security and stability" in the country. Currently, there are 142,000 American forces serving in Iraq. President Obama has announced a plan to withdraw most of them by August of 2010.

While the situation in Iraq is improving, there is still violence in the country. Yesterday, 30 people were killed and 61 others were wounded in a suicide bombing at a police academy in the capital city of Baghdad. Most of the victims were police officers and recruits. The same academy was targeted in a similar attack three months ago.

Well, moving to Africa now, where the new prime minister of Zimbabwe is recovering from a deadly car accident. Morgan Tsvangirai was injured when a truck collided with his vehicle on Friday. His wife Susan was killed in the wreck. According to members of his political party, Tsvangirai believes the truck driver caused the accident on purpose. Party officials say they're launching an investigation into the incident.

And the Real IRA, or Irish Republican Army, is claiming responsibility for a deadly attack in Northern Ireland that claimed the lives of two British soldiers and left four other people seriously wounded. Officials have condemned the violence. They say the attackers are trying to destroy recent progress between Irish and British officials. Before a 1998 peace accord, Northern Ireland was marked by violence for decades over whether the territory should remain part of Great Britain or become part of Ireland.

Jobless Claims

AZUZ: And back here in the U.S., the unemployment rate is higher than it has ever been during your lifetime. In the last six months, the U.S. economy has lost more than 3.3 million jobs. That is more than the entire population of Chicago, Illinois, the third biggest city in the country! Candy Crowley looks at how the government is responding to the losses.

(BEGIN VIDEO CLIP)

CANDY CROWLEY, CNN SENIOR POLITICAL CORRESPONDENT: The president travelled to Columbus, Ohio to tout his economic plan in action: 25 newly hired police cadets, courtesy of $1.2 million in stimulus money.

U.S. PRESIDENT BARACK OBAMA: I look into their eyes and I see their badges today, and I know that we did the right thing.

CROWLEY: It was an upbeat photo op, designed as a "help is on the way" message, undercut by fresh evidence of the enormity of the problem.

OBAMA: We learned that we lost another 651,000 jobs throughout the country in the month of February alone, which brings the total number of jobs lost in this recession to an astounding 4.4 million.

CROWLEY: The picture is as broad as it is deep. Jobs lost in February included 168,000 factory workers, 180,000 professional and business service jobs, 104,000 construction jobs. Financial companies took 44,000 people off their payrolls, and the retail industry cut 40,000 jobs.

OBAMA: Well, that is not a future I accept for the United States of America. That is why I signed the American Recovery and Reinvestment Act into law.

CROWLEY: The president is noticeably more upbeat now, an effort to help restore consumer confidence, key to a recovering economy. On Capitol Hill, Democrats greeted the jobless news with hope that the president's plan will set things right, while most Republicans remain skeptical.

SEN. KIT BOND, (R) MISSOURI: Our financial system has become clogged with toxic assets, and until they're removed, fear and uncertainty will continue to dominate the markets and our economy.

CROWLEY: The president has promised his economic plan will save or create 3 million jobs over the next 2 years. It may be that his own job rides on it. Candy Crowley, CNN, Washington.

(END VIDEO CLIP)

Breaking Down the Numbers

AZUZ: 4.4 million jobs lost since the start of last year. That is a massive number, but what does it mean for individuals, and specifically for you, teenagers who are looking for work or working? Ali Velshi breaks down some of the statistics behind these unemployment rates.

(BEGIN VIDEO CLIP)

ALI VELSHI, CHIEF BUSINESS CORRESPONDENT: At the beginning of this recession, December of 2007, the unemployment rate in this country was 4.9%. Stayed steady that way until about March, then it started ticking up. Take a look at this. Once you get to October, once that credit crisis started hitting, companies couldn't make some of their payments, they started laying off people. Look at that: 6.6%, 7.2%, all of a sudden 8.1%. And that's how it breaks down totally.

Let's break it down by age. You've got adults with a much lower unemployment rate than teenagers have. Adult women have an unemployment rate of 6.7%; adult males, 8.1%. But take a look at teenagers. This has been a problem for a long time, people looking for work at an early age: 21.6%. Big problem for young people looking for work.

(END VIDEO CLIP)

iReport Callout

AZUZ: Well, you've seen the numbers. Now it's time for you to get on CNN Student News. And I don't mean just your blog comments. I mean you! Send us an iReport telling us what kind of impact this recession is having on your life, your school, your college plans. How are you working through the situation? What solutions have you come up with? Find out how to submit your videos at CNNStudentNews.com!

Word to the Wise

GEORGE RAMSAY, CNN STUDENT NEWS: A Word to the Wise...

turbine (noun) a machine that's driven by the pressure or momentum of a moving fluid, such as water or air

source: www.dictionary.com

Wind Energy

AZUZ: A wind turbine in Atlanta, Georgia is generating electricity along with a lot of interest. The 45-foot tower is providing power to a restaurant, and the owner says he put it up to help the environment. But it turns out that visibly going green comes with a bonus: more business! Reynolds Wolf explains the eatery's environmental efforts.

(BEGIN VIDEO CLIP)

REYNOLDS WOLF, CNN METEOROLOGIST: Just a typical greeting from owner to customer, but Tad Mitchell's Atlanta restaurant offers a lot more than fried catfish and a glad hand from the boss. He's made green his business. From waterless urinals in the boys' room, biodegradable to-go boxes, and a small wind turbine for generating electricity. So, what's a wind turbine doing in the middle of downtown Atlanta?

TAD MITCHELL, OWNER, SIX FEET UNDER: We thought it would just be a really good idea, and a green objective would fit in with our green game plan. And it's just been a lot of fun.

ROGER CONE, PRESIDENT, SOENSO ENERGY: One of these wind turbines, in this location right here, will prevent as much CO2 from going into the environment as an acre of mature, healthy trees.

WOLF: A turbine like this one can generate electricity in winds as low as 8 miles per hour. And it can produce anywhere from 200 to 400 kilowatt hours per month, typically offsetting about $60 from Tad Mitchell's utility bill. President Barack Obama's stimulus bill provides a 30% investment tax credit to consumers who purchase small wind turbines. But in an urban environment where wind can be scarce, a wind turbine could prove better at generating customers than electricity.

RON STIMMEL, AMERICAN WIND ENERGY ASSOCIATION: A small wind turbine really needs consistent winds in order to function as expected.

WOLF: Wind or no wind, with an upfront cost of up to $25,000, a small wind turbine like Tad's had better earn money somehow.

MITCHELL: When we were choosing renewables, one big factor for us was the turbine had a lot of visibility, and we think that it has helped to drive customers. And people generally feel good about coming in here to eat, because they think that we're doing something good for the environment.

WOLF: So, whether it's for business or the environment or even both at the same time, a small wind turbine is something Tad can feel good about, and so can the customers.

ALAN TUPPER, CUSTOMER: I'm really glad to see small businesses like this taking a stab at renewable energy, and overall I think it's a great move.

WOLF: Reynolds Wolf, CNN, Atlanta.

(END VIDEO CLIP)

Before We Go

AZUZ: And finally today, police usually tell you not to get involved if you witness a crime. But a bank robber in Bethesda, Maryland is in custody thanks to some citizen-style justice. Nancy Yamada of affiliate WUSA cracks open the case.

(BEGIN VIDEO CLIP)

JERRY GIBBINS, CHASED DOWN ROBBER: I wasn't even thinking about doing anything, I just did it.

NANCY YAMADA, WUSA REPORTER: But Jerry Gibbins admits it's not every day that you run into a bank robber and then spring into action to take him down.

GIBBINS: When I tackled him, the money went everywhere. It was pretty crazy.

YAMADA: Police believe the would-be robber is none other than the same guy who robbed the same bank, the Bank of America on Wisconsin Avenue, two weeks ago. Today, after pepper-spraying a teller and walking out with a bag of money, police say he tried to make his getaway in a cab. But little did he know that Gibbins, a customer who had just witnessed the chaos, and others weren't willing to let him get away.

GIBBINS: I didn't think about it until after the fact. He could have had a gun or something like that.

YAMADA: Witnesses watched as the group chased the slow-moving cab in rush-hour traffic through downtown Bethesda, where the bad guy got out and the good samaritans pounced.

BRYAN GUISE, RESTAURANT WORKER: Well done to them. They definitely kept the person from getting away.

YAMADA: Back at the bank...

MAN ON STREET: I think people did what they thought was right at the time.

YAMADA: Opinions are mixed about what can only be described as one unusual deposit to the local jail.

WOMAN ON STREET: I don't know that I would have done the same thing.

YAMADA: Police hope you'll never be put to the test.

COMMANDER RUSSELL HAMILL, MONTGOMERY COUNTY POLICE DEPT.: We don't advocate the people giving chase and taking the law into their own hands. But in this case, it did work out for the best and they did a good job.

(END VIDEO CLIP)

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Goodbye

AZUZ: That robs us of all our time for today. For CNN Student News, I'm Carl Azuz.

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