NBC Nightly News - 2009-02-19
Channel: malgent
Transcript
Language: English (original, YouTube automatic captions)
[0:01] On our broadcast here tonight, blowback,
[0:03] the slump deepens, the market tumbles,
[0:05] and striking evidence today on live TV
[0:08] of some very deep fault lines over the
[0:10] president's recovery plan. The finish
[0:12] line, the endless effort to keep the
[0:14] state of California in business.
[0:16] Tonight, what it's going to take and how
[0:18] painful will it be. Heart of darkness.
[0:21] It's one of the most lawless, dangerous
[0:23] places on earth. Anne Curry is there and
[0:25] reporting for us tonight. And take it to
[0:28] the bank. You will want to see the good
[0:30] news story we found in the midst of this
[0:33] bad economy. Also tonight, the Hollywood
[0:36] special effects that are made a long,
[0:38] long way from here. Nightly News begins
[0:41] now.
[0:46] From NBC News world headquarters in New
[0:48] York, this is NBC Nightly News with
[0:51] Brian Williams.
[0:53] >> Good evening. about the only consensus
[0:55] in this country these days is that the
[0:57] economy is bad and millions of Americans
[0:59] are suffering as a result. When the
[1:01] question becomes how to fix it, that's
[1:03] where people disagree. While the polls
[1:05] show most Americans support the
[1:07] president's plan, the White House will
[1:09] tell you the president couldn't wait to
[1:11] try to get everybody on board before
[1:13] acting. Today, more of those withering
[1:15] economic numbers came out. And the
[1:17] debate over using billions in taxpayer
[1:20] dollars to help homeowners in trouble
[1:22] spilled out onto live television today.
[1:25] CNBC's Trish Rean is here with us
[1:27] tonight for more on this. Trish, good
[1:29] evening.
[1:29] >> Good evening, Brian. It certainly did
[1:31] spill out onto live TV. We heard loud
[1:33] and clear from CNBC's Rick Santelli, who
[1:36] expressed something millions of
[1:37] Americans paying their mortgages on time
[1:40] may now feel.
[1:42] >> The government is promoting bad
[1:44] behavior. The day started with the
[1:46] populous shot heard around the world.
[1:49] CNBC's Rick Santelli, who covers the
[1:51] Chicago Merkantile Exchange, whipped up
[1:53] a frenzy when he spoke out from the
[1:55] trading pit against government money
[1:57] bailing out homeowners who are in over
[2:00] their heads.
[2:01] >> THIS IS AMERICA. HOW MANY OF YOU PEOPLE
[2:03] WANT TO PAY FOR your neighbor's mortgage
[2:05] that has an extra bathroom and can't pay
[2:07] their bills? Raise their hand.
[2:09] >> HOW ABOUT WE ALL
[2:12] PRESIDENT OBAMA, ARE YOU LISTENING? It
[2:14] couldn't have been any better than Rick
[2:16] Santelli.
[2:17] >> The government is promoting bad
[2:19] behavior.
[2:20] >> Santelli's outrage reverberated across
[2:22] the country from talk radio listeners in
[2:25] Fort Lauderdale, Florida, one of the
[2:26] hardest hit real estate markets.
[2:28] >> We have done everything we're supposed
[2:30] to do and I don't want to bail anyone
[2:31] out.
[2:32] >> Yeah. Well, now you're going to without
[2:34] anybody asking you to the streets of New
[2:36] York.
[2:37] >> I have seen people take advantage of the
[2:40] system and um and I don't believe that
[2:44] health is in order.
[2:44] >> They have their mortgages and it's their
[2:46] responsibility to pay them.
[2:48] >> President Obama's plan to save the
[2:49] housing market by stemming foreclosures
[2:52] will not only cost taxpayers $275
[2:55] billion, but also critics say will set a
[2:58] bad precedent. Why pay your mortgage if
[3:01] the government will ultimately bail you
[3:03] out?
[3:03] >> Is a bitter pill to swallow, but it's
[3:05] one we need to swallow so that the
[3:07] financial system, the economy uh don't
[3:10] slide away. The system is already in
[3:12] jeopardy. Today, the Dow closed at 7465,
[3:16] a 6 and a half year low. The number of
[3:18] Americans continuing to file for
[3:20] unemployment benefits hit a record high
[3:22] of nearly 5 million people today, while
[3:25] foreclosures are up 18% from a year ago.
[3:28] >> You have a choice. Either you can help
[3:29] your neighbor and uh help them so that
[3:32] they can stay in their home, or don't
[3:34] help them, and they'll lose their home
[3:35] and it'll cost you money because you
[3:37] will be worth less because your home
[3:38] will have just dropped in value. Now, so
[3:40] far there's no consensus on whether this
[3:42] housing plan will work. Investors are
[3:44] not showing a lot of enthusiasm though
[3:46] with the Dow hitting a level not seen
[3:47] since October 2002 and bank stocks like
[3:50] City and Bank of America both losing
[3:52] about 14% today. So, Brian, you know,
[3:55] there's some real concern out there that
[3:57] we're going to continue seeing a
[3:58] deterioration in housing prices and of
[4:01] course more problems.
[4:02] >> You told me earlier though a number in
[4:03] the newsroom that surprised me. We talk
[4:05] a lot about mortgage troubles. After
[4:07] all, it's what started this whole mess
[4:09] we're in. And yet, the percentage of
[4:11] Americans who pay their mortgages on
[4:13] time is
[4:14] >> 92%. Amazing, huh? It really shows you
[4:18] how confidence is very much a factor in
[4:20] all of this. And right now, the fear is
[4:22] among a lot of investors that that
[4:24] number will deteriorate. So, maybe next
[4:26] month it's not going to be 92%. And
[4:29] that's the fear as you see more and more
[4:30] mortgages that need to reset. Don't
[4:33] forget, a lot of these are adjustable
[4:34] rate mortgages. They will be resetting.
[4:36] And the concern is people might not be
[4:39] able to pay in the future.
[4:40] >> Trish Rean, always great to have you.
[4:42] Thank you very much. Still on the
[4:43] economy, but we go west to California
[4:45] and the long march to prevent the state
[4:47] from sliding into insolveny after some
[4:51] late night deal making. Now comes the
[4:53] very hard part. Higher taxes, deep cuts
[4:56] now in services, and lots more
[4:58] borrowing. Our report from NBC's George
[5:00] Lewis.
[5:02] At dawn this morning, exhausted
[5:04] legislators finally agreed on a state
[5:06] budget for California, ending a bitter
[5:09] partisan deadlock that had lasted almost
[5:11] three months.
[5:12] >> I think that the people are sick and
[5:14] tired of politicians fighting if it is
[5:17] in Washington or if it is in Sacramento.
[5:19] To end the fight here, the Republican
[5:21] governor and the Democrats who run the
[5:23] legislature made a deal with one
[5:25] Republican state senator who had been
[5:27] holding out against new taxes but wanted
[5:30] changes in election law. I did what was
[5:32] right for the people of California and I
[5:35] I'll defend my vote to the end. The new
[5:37] budget does have 12 billion in tax
[5:40] hikes. Sales taxes will increase 1% to 9
[5:43] and a4. The personal income tax rate
[5:46] will go up by a quarter of a percent.
[5:48] The legislature turned down a plan to
[5:50] increase gasoline taxes 12 cents a
[5:53] gallon, but doubled fees on car
[5:55] licenses. Among the budget cuts,
[5:58] education takes a big hit, $8.6 $6
[6:01] billion.
[6:02] >> This has been a long, very painful
[6:06] journey.
[6:07] >> A lesson for 45 other states also
[6:10] grappling with their budgets.
[6:12] >> This is what happens when partisans
[6:15] forced their elected representatives to
[6:18] pay more attention to ideology than to
[6:22] the needs and the concerns of the
[6:25] general public.
[6:26] >> A public not exactly delighted with
[6:28] their elected officials. ridiculous.
[6:31] It's a disgusting situation.
[6:33] >> And if the economy gets worse, the
[6:35] Golden State could need another new
[6:38] budget. George Lewis, NBC News, Los
[6:41] Angeles. President Obama made his first
[6:44] trip out of the country today to Canada,
[6:46] which proved to be very friendly turf.
[6:48] Our chief White House correspondent,
[6:50] Chuck Todd, traveling with the president
[6:52] with us tonight from Ottawa. Chuck, good
[6:54] evening.
[6:57] >> Good evening, Brian. Well, after 3 days
[6:58] of traveling on Air Force One, it seemed
[7:01] to be mundane for the president to be on
[7:03] the road, and that may be why he was a
[7:05] little bit unprepared for the rousing
[7:07] reception he he received today here in
[7:09] Ottawa.
[7:12] Canada's leaders welcomed Mr. Obama
[7:15] formally on his first presidential
[7:16] foreign trip today, but the enthusiasm
[7:19] was overwhelming among ordinary
[7:20] Canadians, thousands of whom braved
[7:23] freezing temperatures to catch a glimpse
[7:24] of the American leader. It was an
[7:26] incredible moment really to have the
[7:28] sort of collective feeling that yes, he
[7:30] knows we're here and he knows we're here
[7:32] to see him.
[7:33] >> The official reason for the presidential
[7:34] visit to tackle three issues, explore
[7:37] joint efforts to stimulate the economy,
[7:39] jumpstart joint energy research on
[7:41] climate change, and sort out policy
[7:44] toward Afghanistan. The joint press
[7:46] conference with Canadian Prime Minister
[7:47] Steven Harper was the president's first
[7:49] chance to discuss his decision to deploy
[7:52] 17,000 new troops to Afghanistan. I
[7:54] ordered the additional troops because I
[7:57] felt it was necessary to uh stabilize
[8:00] the situation there in advance of the
[8:02] elections that are coming up.
[8:03] >> Most of the public back and forth
[8:05] between the two leaders was friendly and
[8:06] agreeable, but there was some subtle
[8:08] tension over trade. The president wants
[8:11] to toughen the language in the North
[8:12] American Free Trade Agreement. with a
[8:15] NAFTA agreement that has labor
[8:19] provisions and environmental provisions
[8:20] as side agreements. Strikes me if those
[8:23] side agreements mean anything then they
[8:25] might as well be incorporated into the
[8:27] main body of the agreement so that they
[8:29] can be effectively enforced.
[8:31] >> But the prime minister in very
[8:32] diplomatic terms seem to lecture the
[8:34] president on protectionist tendencies.
[8:37] >> We expect the United States to adhere to
[8:40] its uh to its international obligations.
[8:42] I have every expectation. We're
[8:43] perfectly willing to look at ways we can
[8:46] we can uh address some of these
[8:48] concerns, which I understand.
[8:50] >> You know what I need is a key.
[8:51] >> The president wrapped up his day as a
[8:53] tourist, stopping at a local Ottawa
[8:55] market, appeasing ordinary Canadians who
[8:57] are upset that he had scheduled no
[8:59] public events.
[9:00] >> Nice to see you.
[9:02] >> Now, Brian, the president also made a
[9:04] little news on the auto front when he
[9:06] was saying that he believes the industry
[9:08] needs quote significant restructuring.
[9:10] Those are words that are normally
[9:12] associated with companies that end up
[9:14] having to file for bankruptcy. And one
[9:16] fun note, Brian, the president admitted
[9:18] in an interview with a Canadian
[9:19] television uh network that he has never
[9:22] seen a hockey game. That's not something
[9:24] that's going to make him very popular
[9:25] here in Canada. A
[9:26] >> whole lot of people want to fix that.
[9:28] Okay, Chuck Todd in Ottawa for us
[9:30] tonight, traveling with the president.
[9:31] Chuck, thanks. Secretary of State
[9:33] Hillary Clinton continued her trip to
[9:35] Asia today with a visit to South Korea.
[9:38] As you're about to see, as she goes
[9:40] about remaking that job, she sent some
[9:43] unmistakable signals to North Korea,
[9:45] where nuclear ambitions and an emerging
[9:48] power struggle now mixed together. Our
[9:50] chief foreign affairs correspondent,
[9:52] Andrea Mitchell, is traveling with
[9:54] Secretary Clinton in Seoul, South Korea.
[9:58] On the flight to Soul, Hillary Clinton
[10:00] abandoned the usual diplomatic nicities
[10:03] in unusually blunt talk. She said the US
[10:06] is concerned that a struggle to succeed
[10:08] North Korea's leader Kim Jong- is
[10:10] already underway and could turn into a
[10:12] full-blown crisis. Kim, who turned 67
[10:15] this week, looks frail. US and
[10:17] diplomatic sources say he has not
[10:19] recovered from a stroke last August.
[10:21] According to one recent visitor, he is
[10:23] no longer quote all there. What are the
[10:25] signs of a power shift? Today, the North
[10:28] threatened military action against the
[10:29] South. Last week, Kim replaced his
[10:32] defense minister. And now, word that
[10:34] Kim's youngest son in his mid20s would
[10:36] likely succeed his father. Especially
[10:38] troubling, the North has stopped
[10:40] dismantling its main nuclear facility
[10:42] and is now threatening to test a long
[10:44] range missile. These satellite pictures
[10:46] show the launchpad this week.
[10:48] >> How worried are you that they will test
[10:50] fire another long range missile? Well,
[10:54] it would not be helpful
[10:56] uh for them to do so.
[10:58] >> Clinton plans to name a former
[10:59] ambassador, Steven Bosworth, as her
[11:01] Korean envoy. He was just in Pyongyang.
[11:04] >> It's clearly going to be a very
[11:05] difficult process. As we all know,
[11:07] >> most experienced diplomats agree with
[11:09] Clinton that Kim Jong-il is fading from
[11:11] power, but some were surprised that she
[11:13] was so frank about it.
[11:16] >> Now, which school is that?
[11:17] >> On her first trip, Clinton is striking
[11:19] out on her own. earlier today, venturing
[11:22] into a poor Jakarta neighborhood and
[11:24] trying to reach young Indonesians by
[11:25] appearing on their favorite music show
[11:27] called Awesome.
[11:29] >> I was going to be on an awesome show.
[11:31] >> Exactly.
[11:32] >> What is your favorite music?
[11:34] >> It's really the the old standbys like
[11:36] the Beatles and the Rolling Stones and I
[11:39] am really, you know, very Oh, GOOD.
[11:44] >> I DON'T FEEL so old.
[11:46] >> A newly minted diplomat who isn't afraid
[11:48] to say what she thinks. Andrea Mitchell,
[11:51] NBC News, Soul.
[11:53] >> And when our broadcast continues here
[11:55] this Thursday night, Anne Curry reports
[11:57] from Africa on the search for justice in
[12:00] a place where it's often very difficult
[12:02] to find. And when we come back, could
[12:04] the answer to the nation's financial
[12:06] problems be right there in your
[12:08] hometown?
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[13:40] >> What you did at this morning's meeting,
[13:42] that was pure poetry. Stop it.
[13:44] >> Hello. You spotted a million dollar
[13:45] accounting error that no one else
[13:47] noticed.
[13:48] >> That was pretty sweet.
[13:50] >> But you did have eight layers of sweet
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[13:53] >> What can I say? You're the man with the,
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[14:07] >> Uh, he's a little focused right now. Can
[14:09] I take a message?
[14:12] >> We're back. back. And with all the
[14:13] headlines about big bank bailouts we
[14:15] hear day after day we report so many
[14:17] each night, it's easy to forget the
[14:19] backbone of this country's banking
[14:21] system is the regional and local banks
[14:23] that we pass by each day where we live.
[14:26] Tonight, we look at one North Carolina
[14:28] bank that didn't need taxpayer money,
[14:31] but took it anyway in order to make sure
[14:34] that money flows into the US economy.
[14:36] Here's NBC's Roger O'Neal.
[14:40] Finding answers to the big housing mess
[14:42] still seems pretty blurry.
[14:43] >> Are they more clear on one or more clear
[14:46] on two?
[14:47] >> But a small town banker in North
[14:49] Carolina is focusing on a plan for new
[14:51] home buyers.
[14:52] >> There's a
[14:53] >> which could be 2020.
[14:55] >> And B,
[14:56] >> it's a really simple plan.
[14:58] >> Kim Price says he'll use that federal
[15:00] TARP money for what it was intended for.
[15:03] >> We can use that money to fund these
[15:06] loans at lower interest rates.
[15:09] um to help move this economy and help
[15:13] move these these houses, help these
[15:15] builders.
[15:16] >> Price is a community banker, citizens
[15:18] south in Gastonia, an old textile town
[15:20] in the shadows of Charlotte. Like most
[15:23] of the nation's 8,000 small,
[15:24] locallyowned banks, Citizens is not in
[15:27] any trouble. Less than 1% of its loans
[15:30] are in default.
[15:31] >> Thank you, Mr. Miller. Have a good day.
[15:33] Community bankers like to say they know
[15:35] their customers by name, whereas at a
[15:37] big bank, you're just a number.
[15:40] >> Price says he's proud to continue his
[15:42] bank's 105-year-old conservative
[15:44] philosophy.
[15:45] >> I just wanted to be a a community
[15:47] banker. I saw them as a child when I
[15:49] grew up. You know, they were the
[15:50] respected people.
[15:51] >> He's a Boys and Girls Club kind of guy.
[15:54] No chauffeers, no jets,
[15:57] and relishes spaghetti night at home.
[16:00] >> Dinner time. Wash your hands. The price
[16:03] plan offers 3 and 12% interest for the
[16:05] first two years of a 30-year mortgage,
[16:07] and all closing costs are paid by
[16:09] builders.
[16:10] >> If I can sell this house, I can pay off
[16:13] a loan and start another house.
[16:15] >> The first house sold this week. It's
[16:18] been suggested rather than
[16:19] tongue-lashing the nation's big bankers
[16:21] who made bad decisions, Congress should
[16:23] start listening to small bankers with
[16:25] good ideas, the Kim prices who have not
[16:28] lost the trust of customers they know by
[16:31] name. Roger O'Neal, NBC News, Gastonia,
[16:34] North Carolina.
[16:36] From the economy to the world of sports,
[16:38] there's word that Tiger Woods is ready
[16:40] for his comeback. The golf great
[16:42] announced he will return to the course
[16:43] next week, defending his title in
[16:45] Arizona. He has not played since last
[16:47] June when he underwent reconstructive
[16:49] surgery on his left knee. Competition
[16:52] begins next Wednesday. It'll be
[16:53] broadcast by NBC Sports next Saturday
[16:56] and Sunday beginning at 2:00 p.m.
[16:58] Eastern time. We continue the Thursday
[17:01] edition in just a moment. And we'll have
[17:02] the latest from Anne Curry and some
[17:05] remarkable stories of survival in what
[17:07] is still one of the most dangerous spots
[17:09] on Earth.
[17:12] I thought I knew all about my high
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[19:43] >> A handsome pastor, a jealous follower.
[19:45] Who wanted this young woman to die?
[19:48] Murder in God's house. The new Dline
[19:50] Friday 10:9 central on NBC.
[19:54] >> We are back now with Inepth. And tonight
[19:56] it comes from our own Anne Curry who
[19:58] this week's on a return visit to Africa.
[20:00] Political and tribal strife in Darur
[20:03] have left a wasteland of famine,
[20:05] dislocation, and death. Two years ago,
[20:08] Anne first discovered everyday life
[20:10] there to be a struggle simply to
[20:12] survive. And now an has gone back again
[20:15] traveling to Chad and its border with
[20:17] the Darur region. And here tonight, a
[20:20] look at what she found this time.
[20:25] On our journey to the Chad Darur border,
[20:27] we are in search of two survivors we
[20:29] first met two years ago. Among the tens
[20:32] of thousands still living in refugee
[20:34] camps, still haunted by the atrocities
[20:36] they suffered, we found them. In 2006,
[20:40] 17year-old Aziza had told us then she
[20:43] was gathering firewood when suddenly
[20:45] three men rode up on horseback and
[20:47] chased her down. One of the men, an Arab
[20:50] wearing a Sunni uniform, caught her and
[20:52] asked her what tribe she was from. He
[20:54] said, "You are black. You have no place
[20:56] here." Then she said he grabbed her
[20:58] tightly and raped her. Then a trembling
[21:01] teenager. Today, Aziza is a woman with a
[21:04] quiet strength about her. She is now
[21:07] married, living with her husband's
[21:08] extended family and is about to have her
[21:11] first child.
[21:14] She says, "I married a man who is good
[21:16] to me. I am still scared when I collect
[21:18] firewood now for my baby, too. But if
[21:21] it's a girl, I will protect her. I don't
[21:23] want her to be a victim as I was. The
[21:26] scars on her neck and arms are gone,
[21:29] though there's still one that won't go
[21:31] away. She can't forget. Cummus was 13
[21:35] when we last saw him. An orphan, his
[21:37] mother dead, and he didn't know where
[21:39] his father was. He drew pictures for us
[21:41] of the attack on his village and said it
[21:43] had been hit by bombs from a Sudin
[21:45] plane, a plane he said just sent by a
[21:47] Sudanese president, Omar Albashir. He
[21:50] was full of fear.
[21:52] I'm scared because I ran away from death
[21:54] and to be killed here makes him scared.
[21:57] The scars Thomas suffered in a beating
[21:59] of a soldier then are still there. But
[22:01] he is now a tall, strong 15year-old who
[22:05] takes care of his blind grandmother.
[22:08] When he asked if the president of Sudan
[22:10] should be punished for the atrocities in
[22:11] Darur, he said maybe if he's prosecuted,
[22:15] it will mean he'll have rights. Thomas
[22:17] now spends his days selling bread on the
[22:19] street. He is too old for the refugee
[22:21] camp school, but still dreams of
[22:23] becoming a doctor. Two refugees of Darw
[22:26] tragedy, they refuse to be broken. In
[22:29] spite of everything, they still hope
[22:31] that someday they can go home. Anne
[22:34] Curry, NBC News. Chad,
[22:38] we want to let you know Ann's reporting
[22:40] from that troubled part of the world
[22:41] continues tomorrow. First on the Today
[22:44] program, then again here on this
[22:45] broadcast. And tomorrow it will include
[22:48] her conversation with actor and longtime
[22:50] activist George Clooney, who is also on
[22:52] the trip. When we come back here
[22:55] tonight, jobs going overseas right
[22:57] before coming back here again.
[23:01] >> The Swiffer duster extender cleans so
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[23:47] It's clear we need more energy from all
[23:49] sources. And most Americans agree we
[23:52] need more domestic oil and natural gas.
[23:54] But does that mean you'll see more oil
[23:56] and gas platforms? Well, with advanced
[23:58] subst technology, one platform can now
[24:01] gather oil from wells 40 miles away.
[24:05] So, what used to take name just a few
[24:07] years ago now takes only one. That's
[24:10] more of the oil and natural gas we need,
[24:12] but less than meets the eye. Log on to
[24:15] learn more.
[24:17] >> Anxious about quitting cold turkey? Make
[24:19] that first step easier with the Nicaderm
[24:21] CQ patch. Nicaderm steps you down from
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[24:30] 10 weeks, and you're free. When my wife
[24:32] started forgetting things, the doctor
[24:34] said it could beat Alzheimer's. I didn't
[24:36] want to believe it. But that night at
[24:38] the bowling alley,
[24:40] where's Alice?
[24:45] >> She seems a little confused. That's when
[24:47] I knew I couldn't wait.
[24:51] Our doctor told us prescription ariset
[24:53] is the only treatment proven effective
[24:55] for all stages of Alzheimer's. Studies
[24:57] showed ariset slows the progression of
[24:59] symptoms. It improves cognition and
[25:01] slows the decline of overall function.
[25:03] >> Arisp is well tolerated, but not for
[25:05] everyone. People at risk for stomach
[25:07] ulcers or who take certain other
[25:08] medicine should tell their doctors
[25:09] because serious stomach problems such as
[25:11] bleeding may get worse. Some people may
[25:13] experience fainting. Some people may
[25:14] have nausea, vomiting, diarrhea,
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[25:22] these were usually mild and temporary.
[25:24] Maybe even left this place. Talk to your
[25:27] doctor about Alzheimer's treatments,
[25:28] including arism. Don't wait. Alzheimer's
[25:31] isn't waiting.
[25:32] >> This is a KJW News Channel 8 update.
[25:36] Next, Governor Kagowski is taking a pay
[25:38] cut to help schools. Now, he's asking
[25:39] teachers to make a sacrifice, his budget
[25:41] plan, and the plunge from a bridge near
[25:44] Yakult when a bungee cord snapped. And
[25:47] we'll snap this dry spell sometime soon.
[25:49] I'm Matt Afino. I'll let you know when
[25:50] coming up at 6.
[25:54] So this weekend, Americans will gather
[25:56] in front of television sets for that
[25:58] seemingly endless celebration of
[26:00] Hollywood known as the Academy Awards.
[26:02] It's the one night on the West Coast
[26:04] when the industry really does get to
[26:06] pretend that what they do is magic.
[26:08] Though there is magic to the science of
[26:10] movie making and the electronics, and
[26:11] some of that these days is getting made
[26:14] in a very unlikely place, a place called
[26:17] Bollywood, the bustling Hollywood of
[26:19] India. NBC's Ian Williams reports
[26:21] tonight from Mumbai.
[26:23] >> It was a big budget Hollywood movie, but
[26:26] the Oscar winning special effects for
[26:28] the Golden Compass were put together in
[26:30] India in a thatched village where beyond
[26:33] an ancient door, a video conference
[26:35] links the village with Los Angeles.
[26:38] >> The nose looks nice and fleshy. The
[26:40] village is a replica built inside a
[26:42] Mumbai commercial complex
[26:45] designed as a creative environment for
[26:48] the 250 employees of Rhythm and Hughes
[26:51] the LA based special effects studio.
[26:54] From here they've worked on 40 Hollywood
[26:56] movies India taking up the work when LA
[27:00] goes to bed. We're able to essentially
[27:02] have a 24-hour operations and get a lot
[27:04] more throughput of the work.
[27:07] Across Mumbai, colleges are struggling
[27:09] to meet the demand for animators.
[27:11] Trained in the importance of
[27:13] exaggerating expression, body modeling,
[27:15] Hollywood studios are attracted by the
[27:17] low costs, but also the English language
[27:20] skills and keen imagination of the
[27:22] Indian artists. Frame box alone has
[27:25] opened 50 colleges in less than a year.
[27:28] We can become multi-billion dollar
[27:30] outsourcing industry just like IT
[27:32] business.
[27:33] But production costs a tenth of those in
[27:35] the US aren't the only thing bringing
[27:38] American studios to India.
[27:41] >> They're after a slice of the Bollywood
[27:43] action. The Indian film industry is the
[27:46] world's biggest, turning out a thousand
[27:48] films a year. Bollywood continues to
[27:51] pack in the audience with a
[27:53] wellestablished action formula. But the
[27:56] potential here for computer animation is
[27:58] enormous.
[28:00] At Rhythm and Hughes, the race is on to
[28:02] create what they call an iconic
[28:04] character for India, an Indian bug
[28:06] bunny.
[28:07] >> The Indian entertainment market is
[28:10] booming. It's growing very fast and
[28:13] whoever can come up with those
[28:14] characters and those stories that
[28:16] resonate with the Indian audiences is
[28:18] going to be in a great position. And
[28:20] since opening in India, Rhythm and
[28:22] Hughes has also added more than 400 jobs
[28:25] in LA. This outsourcing business isn't a
[28:28] one-way street. Ian Williams, NBC News,
[28:31] Mumbai.
[28:33] >> And that's our broadcast for this
[28:35] Thursday night. Thank you for being with
[28:36] us. I'm Brian Williams. I like
[28:38] >> TV is my lifeline to the state, to the
[28:40] arts, to politics, to what's happening
[28:42] internationally. I love the Oregon
[28:44] Public Broadcasting Cornerstone Society.
[28:47] It is a very meaningful place to share
[28:50] my enthusiasm and my passion for OPB. To
[28:54] find out more about the OPB Cornerstone
[28:56] Society, please visit
[28:57] opb.org/cornerstone
[28:59] or call Julie Arnson at 503977765.
[29:07] In early Tuskegee Airmen from all over
[29:10] the country, I mean that was the biggest
[29:12] surprise, but it wasn't a surprise to us
[29:14] because we knew there were smart,
[29:16] educated people all over the country,
[29:18] good athletes, etc. and all that. Uh why
[29:22] so many came from Pennsylvania we
[29:24] haven't figured out yet.
[29:32] >> Tune in Tuesday night at 11.
[29:37] >> Shop OPB.org.
[29:39] Support OPB and take home the programs
[29:41] you love. You'll find the best of OPB
[29:44] programs, books, music, and more
[29:47] available online. and members get a 10%
[29:50] discount. Shop opb.org.
[29:57] >> This week on Oregon Artbeat,
[29:58] professional horse trainer Kimry Jelon
[30:00] also paints vibrant, exciting images of
[30:03] her favorite animal. Portland's Midnight
[30:05] Serenators play music from the 20s and
[30:08] 30s with her own innovative twist. And
[30:11] he uses a technique that masters like
[30:12] Michelangelo used. Meet Fresco painter
[30:15] Jack Portland and find out how a
[30:17] dramatic event changed his art.
[30:22] >> Join us tonight at 8 here on OPB.
[30:41] The Collins Foundation. The Collins
[30:44] Foundation is dedicated to improving the
[30:46] quality of life in Oregon. Schwabi
[30:49] Williamson and Wyatt proudly celebrating
[30:51] Oregon's 150th birthday and inviting you
[30:54] to join the party at Oregon150.