World News (ABC) - 2009-05-04

Channel: malgent

Transcript

Language: English (original, YouTube automatic captions)

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[0:26] >> Welcome to World News tonight [music]

[0:28] stock surge Wall Street rallies as

[0:30] investors look for signs the economy is

[0:33] finding its footing.

[0:35] Quarantine fear of the flu prompts China

[0:37] >> [music]

[0:38] >> to put an entire hotel and all of its

[0:40] guests off limits.

[0:42] Role reversal [music] the changing

[0:44] economy is changing some of the

[0:46] traditional roles for men and women.

[0:49] And the dark horse mine the birds

[0:51] jaw-dropping win is he for real or just

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[1:03] >> From ABC News headquarters this is World

[1:07] News with Charles Gibson.

[1:09] >> Good evening. You would be hard-pressed

[1:11] to find very many experts who believe

[1:13] the economy has finally hit bottom.

[1:16] Still more often these days there are

[1:18] signs that some of the hardest hit

[1:20] sectors maybe just maybe showing signs

[1:24] of a rebound examples construction

[1:26] spending last month up by three tenths

[1:28] of a percent experts had predicted a

[1:31] negative number.

[1:32] Another example pending home sales up

[1:34] more than 3% analysts had expected no

[1:37] growth at all this kind of news sent the

[1:40] Dow Industrials up 214 points today the

[1:43] Nasdaq up 44. So Betsy Stark is with us

[1:46] again tonight Betsy.

[1:48] >> Charlie Americans you have been too

[1:50] afraid to look at their investment

[1:51] statements will be glad to hear the Dow

[1:54] is now up almost 29% from its low in

[1:57] March, the S&P 500, a much broader stock

[2:00] index, is up 34% and today it actually

[2:04] turned positive for the year.

[2:07] At the New York Stock Exchange today,

[2:09] some traders were saying it's possible

[2:11] this turnaround is the real deal.

[2:13] >> The market's building on all these

[2:15] little indicators that have come in, all

[2:17] these little signals showing that maybe,

[2:19] just maybe the recession, the worst

[2:20] part, is behind us.

[2:22] >> In addition to the pickup in the housing

[2:24] market, economists see signs that the

[2:26] all-important American consumer, who

[2:28] drives the economy, is starting to

[2:30] regain some confidence.

[2:31] >> They're starting to open up their purse

[2:32] strings a little bit. They're just not

[2:34] clamping down on everything. And

[2:36] consumers are perhaps feeling not as

[2:38] pessimistic as they were just a few

[2:40] months ago.

[2:40] >> Our ABC consumer comfort index shows

[2:43] confidence at its high for the year,

[2:45] though still well below average.

[2:47] >> I'm really hopeful that things will turn

[2:49] around and maybe not by the, you know,

[2:51] end of this year, but hopefully by the

[2:53] beginning of next year.

[2:54] >> Only 7% of Americans rate the national

[2:57] economy positively, but half now say

[3:00] their personal finances are in good

[3:02] shape.

[3:03] >> I just came to get towels, but

[3:06] I saw a good deal on a dress.

[3:08] So, I only had to pay $6 for it, so I

[3:11] couldn't pass it up.

[3:12] >> For now, economists say the good news is

[3:14] the picture has gone from being

[3:16] completely black to mixed with shades of

[3:19] gray. And as the government's massive

[3:21] stimulus policies kick in, it should

[3:23] continue to brighten.

[3:24] >> I'm hopeful and increasingly confident

[3:27] that businesses will stop cutting their

[3:29] payrolls as aggressively as all of the

[3:31] policy efforts are really begin to have

[3:33] an impact.

[3:35] >> The hope is these green shoots

[3:37] economists have been talking about will

[3:39] take root and continue to grow, but

[3:42] there are risks. If the economy

[3:44] continues to lose 6 to 700,000 jobs a

[3:47] month, those green shoots could get

[3:49] burned out and this tentative progress

[3:51] could be reversed. We'll get our reading

[3:53] on the job market this Friday, Charlie.

[3:55] >> All right, Betsy Stark reporting again.

[3:57] Thanks to you.

[3:58] One of those not yet willing to say

[4:00] things have turned around is billionaire

[4:02] Warren Buffett. Six months ago, he said

[4:04] the economy faced an economic Pearl

[4:06] Harbor. Now he says the government is

[4:08] taking the right steps to fix the

[4:10] economy. He talked with ABC's Bianna

[4:12] Golodryga.

[4:14] >> All recessions are somewhat similar and

[4:16] they have differences. This one was a a

[4:19] real shake

[4:21] really shook up the conference of the

[4:23] American public. They changed their

[4:24] buying habits, they changed their saving

[4:25] habits, all kinds of thing. And we don't

[4:27] know

[4:29] when that will be over. We do know it

[4:30] will be over, but

[4:32] I can't predict the timing. I would say

[4:34] that we've got a ways to go, but

[4:36] but who knows?

[4:37] >> What is the new normal going to look

[4:39] like? I mean, are we ever going to see

[4:41] 5% unemployment again? Maybe the new

[4:43] normal will be 7%, 8%?

[4:45] >> see 5% unemployment. But this has been a

[4:47] real shock to the system. I mean, if you

[4:49] have a major

[4:50] you know, you don't you're not you don't

[4:52] jump on your feet the next day.

[4:53] >> Let's talk about the increased role that

[4:55] the Fed and the government has in US

[4:58] companies, whether it be the auto

[4:59] industry or the banking industry. Some

[5:01] are even calling Obama the

[5:03] shareholder-in-chief.

[5:04] What are your thoughts on that?

[5:06] >> Banking is a profitable business over

[5:08] time. Whether a domestic auto business

[5:09] is a profitable business is another

[5:11] question. If you've got a business

[5:12] that's making money, your problems are a

[5:13] lot less than if you've got a business

[5:15] that's losing money. And

[5:17] I think we're in uncharted territory on

[5:19] on

[5:20] with the auto industry. And who knows

[5:22] how the bankruptcy court will decide in

[5:24] Chrysler.

[5:25] >> You've always been known to be a staunch

[5:27] advocate for the US auto industry,

[5:28] always driving American cars.

[5:30] >> guarantee you.

[5:31] >> But recently you bought a 10% stake in a

[5:33] Chinese automaker that's investing in

[5:35] electric cars. Are US automakers just

[5:38] not competitive anymore? I mean, have

[5:39] they lost that competitive edge? Can

[5:41] they get it back?

[5:42] >> find out whether they can create a new

[5:43] business model

[5:45] that will effectively let them compete

[5:47] in an international market will depend

[5:50] partly on the ingenuity of of

[5:52] management. It will depend on the

[5:53] cooperation of labor. It will depend on

[5:55] the part that the government's willing

[5:57] to pay. I don't think anybody knows the

[5:59] answer to that.

[5:59] >> And what about CEO salaries? Do you

[6:01] think the government should be stepping

[6:02] in?

[6:03] >> I think it's very hard for the

[6:04] government to write the rules on it. I

[6:05] think I think big shareholders, I think

[6:07] the major institutional investors should

[6:09] speak out big time against the

[6:12] really crazy pay policies. I'm not

[6:14] against people making a lot of money if

[6:15] they deliver, but but you've had all

[6:17] kinds of pay for failure. I've been on

[6:19] 19 boards. They only put me on the comp

[6:21] committee once. I mean, I they do not

[6:22] want Dobermans

[6:24] on the comp committee. They want cocker

[6:25] spaniels with tails wagging, basically.

[6:29] >> When asked about the upcoming bank

[6:30] stress test results, Buffett said that

[6:32] all 19 major banks will be okay.

[6:35] Incidentally, there were reports today

[6:36] that Wells Fargo, a bank Buffett has a

[6:38] significant stake in, would need more

[6:40] capital. Still, shares in the bank rose

[6:42] 24% today and most attribute that to

[6:45] Buffett's optimistic comments, a sign

[6:46] that Buffett really does move markets.

[6:48] >> All right, Bianna Golodryga, who had a

[6:49] chance to talk to the Oracle of Omaha.

[6:51] Thanks. President Obama today asked for

[6:54] a major change in the tax code to stop

[6:56] companies and individuals from using

[6:58] offshore tax shelters. The president

[7:00] argues US multinational corporations

[7:02] paid only 16 billion in taxes on 700

[7:06] billion in overseas earnings. That's a

[7:08] 2.3% tax rate.

[7:11] >> I used to talk about the average of a

[7:13] building in the Cayman Islands that had

[7:15] over 12,000 business businesses claim

[7:19] this building as their headquarters.

[7:21] And I've said before, either this is the

[7:23] largest building in the world or the

[7:24] largest tax scam in the world.

[7:27] >> Well, business leaders were quick to

[7:29] object today, arguing to remove the tax

[7:31] shelters will increase the cost of doing

[7:33] business. And even Congress seems

[7:35] lukewarm. One influential Democrat

[7:37] saying, "More study is needed." Next, we

[7:40] turn to the flu outbreak. The number of

[7:41] confirmed cases in the US now stands at

[7:43] 279 in 36 states. Over a thousand cases

[7:47] have been confirmed now in 21 countries.

[7:50] As we reported, there are signs the

[7:52] virus may be less severe than many

[7:54] experts had worried it could be. But in

[7:57] China, there is one extreme example that

[7:59] government officials there are taking no

[8:01] chances. Here's ABC's Lama Hassan.

[8:06] >> These were the only people allowed to go

[8:08] in and out of this Hong Kong hotel

[8:10] today. Health officials dressed from

[8:12] head to toe in bio-hazard suits. 300

[8:16] people are spending their fourth

[8:17] straight day here under quarantine after

[8:20] a hotel guest from Mexico tested

[8:22] positive for swine flu. We spoke with

[8:25] one of them by phone today.

[8:27] >> This was very unexpected, so

[8:29] uh of course we were absolutely not

[8:31] happy about it.

[8:33] >> Are health officials examining all of

[8:35] you?

[8:36] >> Yes, every single day our temperature is

[8:39] um taken.

[8:40] We've been all put on Tamiflu.

[8:42] >> So far, not one of them is showing signs

[8:45] of being sick, nor are any of the

[8:47] passengers escorted off this flight from

[8:49] Mexico to Shanghai this weekend. Now,

[8:51] they too are under quarantine.

[8:56] All this has led Mexico to accuse China

[8:59] and others of taking, quote, repressive,

[9:01] discriminatory measures.

[9:04] But China is taking no chances with this

[9:06] virus. Many Asian countries look like

[9:09] this. Heavily populated and densely

[9:11] packed. The government is worried that

[9:13] if swine flu spreads here, it could be

[9:15] difficult to contain.

[9:18] Six years ago, the Chinese government

[9:20] was criticized for being slow to react

[9:22] to the SARS outbreak. It killed 299

[9:26] people in Hong Kong and paralyzed the

[9:28] city. Tonight in Hong Kong, as seen on

[9:31] this cell phone video, the Chinese are

[9:33] trying to provide some creature comforts

[9:35] to the quarantined, including books and

[9:37] toys. The Mexican government has

[9:40] dispatched a plane which is on its way

[9:42] to several Chinese cities, including

[9:44] Beijing and Hong Kong, to carry its

[9:47] citizens home. Charlie?

[9:49] >> Lama Hasan reporting from China tonight.

[9:51] Federal safety investigators spent the

[9:53] day in Irving, Texas. Their question,

[9:55] why did that huge bubble ceiling of the

[9:58] Dallas Cowboys practice facility give

[10:00] way in strong winds over the weekend? As

[10:02] Ryan Owens reports, the collapse of the

[10:04] $4 million structure injured 12 people,

[10:07] two of them severely.

[10:10] >> When the Dallas Cowboys practice

[10:11] facility collapsed, there were 70 people

[10:14] inside,

[10:17] including a photographer from our ABC

[10:20] affiliate WFAA and two dozen rookie

[10:23] players.

[10:24] >> Hello, 911. What is your emergency?

[10:26] >> Dallas Cowboys Valley Ranch dome

[10:27] collapsed.

[10:28] >> You need an ambulance?

[10:30] >> Uh yeah, we need paramedics or

[10:31] something. We have people that got

[10:32] caught in a in A COLLAPSED BUILDING.

[10:36] >> AMONG THE INJURED, A TEAM scout who is

[10:39] now paralyzed from the waist down.

[10:41] Kristy Turner was a fan watching

[10:43] practice. She's now in bed with a

[10:45] fractured rib.

[10:46] >> I just remember

[10:48] just trying to run for my life,

[10:51] and I couldn't go anywhere. I was stuck.

[10:54] I could not move, and the only thing

[10:56] that I could think of was I'm dead.

[10:59] >> Today, OSHA inspectors examined the pile

[11:02] of aluminum supports and canvas trying

[11:04] to determine what caused the collapse.

[11:07] At the time, winds were howling at more

[11:09] than 60 mph, but inside this microburst,

[11:13] they could have been even higher.

[11:14] >> I think it should have held. Uh the

[11:17] basic wind speed for design uh

[11:19] in that part of Texas is 90 mph.

[11:23] >> The company that built that tent, Summit

[11:25] Structures of Pennsylvania, says proper

[11:28] engineering was used when it was put up

[11:29] in 2003, and that the roof was just

[11:33] replaced last year. Summit was held

[11:35] liable for $4 million after another roof

[11:38] collapse in Philadelphia in 2003.

[11:42] OSHA inspectors have 6 months to decide

[11:45] whether shoddy construction or simply

[11:48] Mother Nature caused so much chaos. Ryan

[11:51] Owens, ABC News, Dallas.

[11:55] >> That same storm system which moved

[11:56] across the Southeast triggered

[11:58] widespread flooding and at least one

[11:59] tornado today. Three people were injured

[12:01] and two dozen homes damaged when a

[12:03] twister tore through Catahoula,

[12:04] Louisiana. In other parts of the South,

[12:07] heavy rain, strong winds, and hail

[12:09] closed roads, washed out bridges, and

[12:12] knocked out power to thousands.

[12:14] Well, still ahead on World News, the

[12:15] federal investigation into John Edwards,

[12:18] his personal and political lives now

[12:20] under intense scrutiny.

[12:23] Lopsided layoffs costing more men their

[12:25] jobs and forcing big changes for couples

[12:28] and families. Our series, The New Gender

[12:30] Rules.

[12:32] And fresh off that unbelievable Derby

[12:34] upset, how did Mine That Bird do that?

[12:38] And what might he do next?

[12:41] >> This is World News with Charles Gibson.

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[15:22] >> The extramarital affair that brought an

[15:24] end to John Edwards' political career is

[15:26] resulting in a spate of new headlines

[15:28] and potentially legal trouble for the

[15:30] former presidential candidate. Edwards

[15:33] has acknowledged that federal

[15:34] investigators are looking into whether

[15:36] some of his campaign funds might have

[15:38] been used to overpay his mistress.

[15:41] Here's Sharyn Alfonsi.

[15:43] >> He seemed to be the perfect candidate

[15:45] with the perfect family. And now the

[15:47] affair that sidelined his career and

[15:49] nearly cost him his marriage could land

[15:51] John Edwards in jail.

[15:53] >> He's a remarkably talented guy who could

[15:56] have been president of the United States

[15:58] and instead his life is falling apart,

[16:00] his political career is over, and he's

[16:02] facing legal jeopardy.

[16:03] >> Federal investigators are now trying to

[16:05] determine whether Edwards used campaign

[16:08] money to keep his mistress, Rielle

[16:10] Hunter, quiet.

[16:11] >> That is a great speech.

[16:17] I'm so glad you like it.

[16:18] >> I love it.

[16:20] >> Records show that Hunter was paid

[16:22] $114,000

[16:24] to shoot video for the Edwards website.

[16:26] The big question is whether she was paid

[16:29] by the campaign too much for that work.

[16:31] If she was, legal experts say it's a

[16:34] problem.

[16:35] >> Because you have a campaign committee

[16:37] that's essentially laundering money to

[16:39] friends and family through through bogus

[16:41] expenditures.

[16:42] >> In a statement, Edwards said, "I am

[16:44] confident that no funds from my campaign

[16:46] were used improperly." Adding that he's

[16:49] cooperating with investigators.

[16:51] >> This is the last sad chapter of a

[16:53] terrible political tragedy.

[16:55] >> It all comes the same week Elizabeth

[16:57] Edwards will release her new book. In

[17:00] it, she says she learned of the affair

[17:02] just days after her husband announced

[17:03] his candidacy for president. She says

[17:06] she cried, screamed, and went to the

[17:08] bathroom to throw up. Adding that when

[17:10] he first admitted cheating, he quote,

[17:12] "Left most of the truth out."

[17:15] Federal investigators will now try to

[17:16] fill in those holes, sorting through

[17:19] campaign documents to determine if

[17:21] Edwards broke more than his wife's

[17:22] heart, if he also broke the law.

[17:25] Sharyn Alfonsi, ABC News, New York.

[17:29] >> And coming up, men and women, jobs and

[17:31] money, how the recession is rewriting

[17:34] the gender rules.

[17:39] >> So, what else? Like your 401K, still

[17:42] over at your old job?

[17:44] I guess I've been avoiding dealing with

[17:45] it. I get it, but do you really want

[17:48] your retirement money sitting over

[17:49] there?

[17:50] I know. I guess the thought of dealing

[17:52] with those people Listen, I'll do the

[17:54] legwork. It's easy to roll it over.

[17:57] I've got some ideas for it, too.

[17:59] Oh, let's Let's hear them.

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[19:53] >> CVS Pharmacy pays you back. And these

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[19:58] >> Thanks.

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[20:05] CVS Pharmacy, for all the ways you care.

[20:10] >> Tonight, we're going to begin a look at

[20:11] how the recession is changing families

[20:13] across America. Statistics show more men

[20:16] are losing their jobs in this recession

[20:17] than women. That can turn traditional

[20:20] gender roles upside down. More than 5

[20:22] million jobs in all have been lost, 78%

[20:26] of them held by men.

[20:28] Some people have dubbed this the

[20:29] he-session, as manufacturing, finance,

[20:32] and other male-dominated fields shed

[20:34] jobs.

[20:35] Dan Harris has part one of our series,

[20:37] The New Gender Rules.

[20:40] >> On the day Larry Brush got laid off from

[20:42] his finance job, he and his wife Sherry

[20:44] watched Meet the Parents, where Ben

[20:46] Stiller plays a male nurse.

[20:48] >> You know, Greg's in medicine, too,

[20:50] Larry.

[20:50] >> Oh, really? What field?

[20:52] >> Uh, nursing.

[20:54] >> [laughter]

[20:54] >> You know what? I love it. I'm into it.

[20:56] I'll I'll do it.

[20:58] >> After being laid off three times in

[20:59] eight years, Larry is counting on

[21:01] nursing, where there's a severe worker

[21:03] shortage, as the source of a steady gig.

[21:06] >> He's taking a lot of ribbing from the

[21:07] guys in the neighborhood, I will tell

[21:09] you. They're calling him Larry Poppins.

[21:10] >> And do you You don't care when you hear

[21:12] that?

[21:12] >> A job is a job. I don't care about, you

[21:14] know, I you know, there's nothing

[21:16] female, male, it doesn't matter. It's

[21:18] work. [music]

[21:19] >> When Chuck Hammond lost his technology

[21:21] job, he decided to become a stay-at-home

[21:23] dad while his wife Debbie runs her

[21:25] successful marketing firm.

[21:27] >> My dad kind of gave me that arched

[21:28] eyebrow.

[21:29] And there's definitely like old-school

[21:31] thought process on on staying at home

[21:33] and being a male where you're supposed

[21:35] to be the provider and everything.

[21:36] >> With this recession creating much higher

[21:39] unemployment rates among men than women,

[21:41] many couples are now engaged in

[21:43] wrenching renegotiations over gender

[21:46] roles.

[21:47] >> There are studies that show that when a

[21:49] man is laid off, he takes it harder than

[21:51] a woman does.

[21:52] >> Absolutely. And I think even the most

[21:54] liberated feminist man still feels that

[21:56] his identity is threatened when he loses

[21:58] his job.

[21:59] >> Women struggle as well. Eleanor Hamrick

[22:01] is not happy about being the main

[22:03] breadwinner after her husband Rick lost

[22:05] his job.

[22:06] >> I don't like coming home and seeing him

[22:08] in my apron.

[22:10] I wish I could say something different,

[22:12] but I've lost so much respect for him.

[22:14] >> Okay, I got to get back to work.

[22:16] >> Larry Brush

[22:19] and his wife seem to be taking the

[22:20] changes in stride. They think that this

[22:23] recession, while painful, could

[22:25] accelerate positive

[22:27] >> Yeah. Definitely, we're at the

[22:28] forefront.

[22:29] >> And then we also have the gender switch.

[22:31] >> There's mommy.

[22:32] >> Even when it's over, this recession

[22:34] could leave an indelible mark on gender

[22:36] roles in America.

[22:38] Dan Harris, ABC News, New York.

[22:42] >> And we're interested in knowing how the

[22:43] recession has changed roles and

[22:45] responsibilities in your household, if

[22:46] it has. You can log on and share your

[22:49] experiences at our blog, The World

[22:50] Newser, at abcnews.com.

[22:53] And up next, Mine That Bird and the

[22:56] upset for the ages.

[23:00] >> If you're like a lot of people, you have

[23:02] high blood pressure and you have high

[23:03] cholesterol. You've taken steps to try

[23:06] and lower both your numbers, but how

[23:07] close are you

[23:09] to your goals?

[23:11] There may be more you can do.

[23:13] Only Caduet [music] combines two proven

[23:15] medicines in a single pill to

[23:16] significantly lower high blood pressure

[23:19] and high [music] cholesterol.

[23:21] In a clinical study of patients with

[23:22] slightly elevated blood pressure and

[23:24] cholesterol, Caduet helped [music] 48%

[23:26] reach both goals in just 4 weeks.

[23:29] >> Caduet is one of many treatment options

[23:30] in addition to diet [music] and exercise

[23:32] that you can discuss with your doctor.

[23:34] Caduet is not for everyone. It's not for

[23:36] people [music] with liver problems and

[23:37] women who are nursing, pregnant, or may

[23:39] become pregnant. To check for liver

[23:40] [music] problems, you need simple blood

[23:42] tests. Tell your doctor about any heart

[23:44] problems and all other medications you

[23:45] are [music] taking or if you experience

[23:47] muscle pain or weakness as they may be a

[23:49] sign of a rare but serious [music] side

[23:51] effect.

[23:51] >> How close are you to where you want to

[23:53] be?

[23:54] Ask your doctor [music] if Caduet can

[23:55] help you go for both your goals.

[24:00] >> This is the AARP Medicare Supplement

[24:03] Insurance Plan card. You know what's

[24:05] great about this card? Wherever you go

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[24:09] >> [music]

[24:09] >> your coverage travels with you. And

[24:11] that's just one of the many reasons you

[24:13] need the card you can trust because with

[24:15] AARP Medicare Supplement Insurance

[24:17] Plans, [music] you can apply year-round,

[24:19] talk with personal health insurance

[24:21] advisors, and so much more. If you're

[24:23] turning 65 or older or you've already

[24:26] enrolled in a Medicare Supplement Plan,

[24:28] call for [music] this free information

[24:30] kit and Medicare guide. These are the

[24:32] only Medicare Supplement Insurance Plans

[24:34] exclusively endorsed by AARP. These

[24:37] plans, insured [music] by United Health

[24:39] Care Insurance Company, help cover some

[24:41] of your medical expenses not covered by

[24:43] Medicare alone. This could [music] save

[24:45] you thousands of dollars.

[24:47] Want your choice of doctors or

[24:48] hospitals, virtually no claim forms, and

[24:51] no referrals [music] needed to see a

[24:52] specialist? Call for your free kit. Yep,

[24:55] this is one great car.

[25:00] >> They tickle, they tease, and [music] you

[25:03] sneeze.

[25:05] Maybe it's time to ask your doctor about

[25:07] Singulair. While many allergy medicines

[25:10] block histamine, [music] Singulair

[25:11] blocks leukotrienes, an underlying cause

[25:14] of nasal allergy symptoms. And that's

[25:16] how Singulair [music]

[25:16] works differently. One pill, once a day.

[25:20] Side effects are generally [music] mild

[25:22] and vary by age and may include

[25:23] headache, ear infections, sore throat,

[25:25] and upper respiratory infection.

[25:27] Singulair, a different way to treat

[25:29] allergies.

[25:31] >> After the vote on a new baseball stadium

[25:32] [music] gets delayed again, K2 wants to

[25:35] know where exactly does this deal stand?

[25:37] >> Plus, we'll take [music] you someplace

[25:37] the public never sees to trace the clues

[25:40] that could help solve a murder mystery,

[25:41] just [music] minutes away.

[25:44] >> On ABC.

[25:47] >> You saw it here on World News, the most

[25:50] notorious [music] video of the year.

[25:51] Fast food workers doing unimaginable

[25:53] things. It's the prank that sent pizza

[25:55] giant Domino's into a tailspin. So, what

[25:58] were they thinking? Tomorrow, hear from

[26:00] them for the first time on Good Morning

[26:02] America.

[26:04] >> Finally tonight, that race, that horse,

[26:06] and that incredible finish. We learned

[26:08] today the horse that stunned the world

[26:10] on Saturday, Mine That Bird, will enter

[26:13] the Preakness, the second leg of the

[26:14] Triple Crown. Before Saturday, his

[26:16] owners had no plans for that. They

[26:19] didn't expect he'd win the Kentucky

[26:20] Derby or even do very well. No one did.

[26:23] Here's John Berman.

[26:26] >> At Churchill Downs today, Mine That Bird

[26:28] looked just like your average horse

[26:30] having an average day.

[26:31] >> He just takes it in stride. He doesn't

[26:33] worry much. He just he he kind of

[26:35] cruises along.

[26:36] >> But before his shocking victory at the

[26:38] Kentucky Derby, well, average would have

[26:41] been a compliment.

[26:42] >> MINE THAT BIRD HAS WON THE KENTUCKY

[26:44] DERBY, AN IMPOSSIBLE RESULT HERE.

[26:46] >> Mine That Bird had never in his life run

[26:49] fast, never beaten a good horse. This

[26:52] was one of the most incredible,

[26:53] inexplicable upsets in the history of

[26:56] horse racing.

[26:58] >> 50 to 1 odds, but it could have been 200

[27:01] to 1. His own trainer didn't have much

[27:04] hope.

[27:04] >> Actually, I didn't think I had a shot to

[27:07] win it.

[27:07] >> If it was so impossible, how did he do

[27:10] it? One reason?

[27:11] >> The Kentucky Derby field wasn't so

[27:13] strong, and most of the horses didn't

[27:16] fire their best shots.

[27:17] >> Another reason? The track. Muddy like

[27:20] this one. A lot of horses don't like it.

[27:22] Mine That Bird obviously did. But the

[27:26] biggest reason might have been the

[27:27] inside part of the track was running

[27:29] fast, and jockey Calvin Borel rode the

[27:32] inside rail with relentless persistence.

[27:35] >> Didn't think I'd have the finish he had,

[27:37] but he was there when I asked him, you

[27:38] know.

[27:39] >> It was a masterpiece, holding back until

[27:41] the end, then bursting through the field

[27:44] in a whole other gear.

[27:46] >> Yes, sir. It It makes my heart race

[27:48] every time I watch it.

[27:50] >> The race is already an inspiration at

[27:52] tracks around the country.

[27:53] >> For us that are working very hard every

[27:55] day and really trying and uh

[27:58] you know, it it it gives everybody a lot

[28:00] of hope.

[28:01] >> Next up for Mine That Bird is the

[28:03] Preakness, with experts still saying

[28:05] he's something of a fluke, but there are

[28:07] believers.

[28:08] >> I'm guessing he won't be 50 to 1 again

[28:11] in his lifetime.

[28:12] >> Maybe Mine That Bird, a barely average

[28:14] horse, can pull off one more average

[28:18] miracle.

[28:20] John Berman, ABC News, New York.

[28:23] >> Impossible dreams sometimes do come

[28:25] true, and that's World News for this

[28:27] Monday. I'm Charlie Gibson, and I hope

[28:29] you had a good day. For all of us at ABC

[28:31] News, have a good night.

[28:34] >> [music]

[28:41] >> When the stakes are very high right now,

[28:44] what's truly important [music] to people

[28:46] is how does this story affect me?

[28:48] >> ABC's World News with Charles Gibson,

[28:51] cutting through the noise. [music]

[28:52] >> And that makes bringing people the news

[28:54] all the more important.

[28:57] >> Tonight, a live to our dancing event,

[28:59] the final five face twice the pressure,

[29:02] twice the dances, and twice the drama.

[29:06] >> Oh, it's on, baby.

[29:07] >> ABC's Dancing with the Stars, live to

[29:09] our event tonight, 8/7 Central on ABC.

[29:14] >> Vernonia flood victims losing their

[29:16] homes.

[29:17] >> It's going to be real tough cuz we're

[29:18] trying to figure out what we're going to

[29:19] do

[29:20] >> [music]

[29:20] >> and how we're going to survive.

[29:21] >> Why the federal government is kicking

[29:23] them out. The number of confirmed swine

[29:25] flu cases in Oregon grows. So, why

[29:27] [music] do state doctors say the

[29:29] outbreak may not be as bad as they had

[29:31] feared?

[29:32] >> All they have is a skull. These lashes

[29:35] and a skilled forensic artist, I'm on

[29:37] your side of the investigator and a

[29:38] song, the clues that will help identify

[29:40] this homicide victim.

[29:45] >> Live at 6:00, this is K2 news on your

[29:49] side.

[29:50] >> And good evening. Thank you very much

[29:51] [music] for being with us everybody. And

[29:52] first on two, Vernonia flood victims are

[29:54] on the brink of being homeless once

[29:56] again.

[29:57] >> But this time it's the federal

[29:58] government that will take away their