CNN students news 2010-11-05

(CNNStudentNews)--November5,2010DownloadPDFmapsrelatedtotoday'sshow:TranscriptTHISISARUSHTRANSCRIPT.THISCOPYMAYNOTBEINITSFINALFORMANDMAYBEUPDATED.KRISALLEN,SINGER,AMERICANIDOLWINNER:Hey,everyone.I'mKrisAllenfromAmericanIdol,andI'mheretointroducemyidol,CarlAzuz.CARLAZUZ,CNNSTUDENTNEWSANCHOR:Anawesomeintroductiontothemostawesomedayoftheweek.Thankyou,Kris.It'sFriday,IamCarlAzuz,andyou'retunedintoCNNStudentNews!FirstUp:PostElectionPlanAZUZ:Themidtermsareover,butbeforewestarttalkingaboutthe2012elections,beforeweevenstarttalkingaboutthenextCongress,thisCongressstillhassomeworktodo.Anditwilldoitasalameduck.ThatreferstothetimebetweenanelectionandwhenthenewCongressisswornintosession.PresidentObamawantstogettogetherwithcongressionalleadersandtalkaboutwhattheycandoduringthislameducksession.WhathappenswhenthatnewCongressstartsinJanuary,whenRepublicanswillhaveamajorityintheU.S.HouseofRepresentatives?WeturntoSandraEndo,whonowgivesusanidea.(BEGINVIDEO)SANDRAENDO,CNNCORRESPONDENT,WASHINGTON,D.C.:Afteramajormidtermelectionblow,anadmissionfromthepresident:thereneedstobeachangeinfocus.U.S.PRESIDENTBARACKOBAMA:Intherushofactivity,sometimeswelosetrackof,youknow,thewaysthatweconnectedwithfolksthatgotushereinthefirstplace.Now,I'mnotrecommendingforeveryfuturepresidentthattheytakeashellackinglikeIdidlastnight.ENDO:Atthepolls,votersspokeclearly;they'renothappy.OBAMA:I'vegottotakedirectresponsibilityforthefactthatwehavenotmadeasmuchprogressasweneedtomake.ENDO:Now,thepresidentandthenewlyRepublican-controlledHousewillhavetofindsomewaytoworktogether.ButanemboldenedGOPalreadywantstorepealsomeofthepresident'spolicies.REP.JOHNBOEHNER,(R)OHIO,HOUSEMINORITYLEADER:IbelievethatthehealthcarebillthatwasenactedbythecurrentCongresswillkilljobsinAmerica,ruinthebesthealthcaresystemintheworld,andbankruptourcountry.SEN.MITCHMCCONNELL,(R)KENTUCKY,SENATEMINORITYLEADER:Choosingthepresidentoveryourconstituentsisnotagoodstrategy.ENDO:Andiftheeconomydoesn'tturnaround,it'llmeanserioustroubleforthepresidentcome2012.OBAMA:I'vegottodoabetterjob,justlikeeverybodyelseinWashingtondoes.We'renotgoingtoruleoutideasbecausethey'reDemocratorRepublican.Wewanttojustseewhatworks.ENDO:ThefirstmatterathandforCongressiswhetherornottoextendtheBusherataxcuts.It'salreadyproventobedivisivealongpartylines,sofindingthatcommongroundmaybeelusive.InWashington,SandraEndoforCNNStudentNews.(ENDVIDEO)PresidentTriptoAsiaAZUZ:Here'swhat'snextonthepresident'sagenda:He'sheadingoffona10-daytriptoAsia.HeseesthatpartoftheworldasimportanttotheU.S.inalotofways.Andhe'llbevisitingseveralcountries,meetingwithotherworldleaders.Firststop:India.He'sscheduledtomakeaspeechtotheIndianparliamentandholdatownhallmeetingwithsomeIndianstudents.ThenthepresidentwillbeheadedofftoIndonesia,whichyouseerightnow:numbertwoonourmap.He'sgoingtomeetwiththeIndonesianpresidentandattendastatedinner.NextupwillbeSouthKorea.ThepresidentwillbepartoftheG20summit,ameetingofworldeconomicpowers.He'salsoscheduledtomeetwiththepresidentofChina.Andfinally,Japan,wherePresidentObamawillattendanothereconomicconference.I.D.MeMICHELLEWRIGHT,CNNSTUDENTNEWS:SeeifyoucanI.D.Me!I'manAmericanfinancialinstitutionthatwasestablishedin1913.MyboardmembersareappointedbythepresidentandconfirmedbytheSenate,andwhileI'mpartoftheU.S.government,Ifunctionindependently.I'mAmerica'scentralbank.I'mtheFederalReserve,orFed,andIhelpsetthenation'smonetarypolicy.FederalReserve'sMoveAZUZ:ThatwasatoughIDMe.Rightnow,theFedisatworktryingtofindwaystogivetheU.S.economyaboost,andit'sgoingtotrysomethingcalledquantitativeeasing.Soundscomplicated;butwe'regonnatrytobreakitdownforyourightnow.Thisiswhatquantitativeeasingmeans:TheFedisgoingtospend$600billiononTreasurybonds.Basically,it'sloaningtheU.S.governmentmoney.Theideaisthatthemoneywillgotobanksandthebankswillloanthatmoneyouttopeople.So,thisisawayfortheFedtotrytoputalotofmoneyoutintotheeconomy.TheFederalReservechairmansaysthiscouldhelpcreatejobsandkeeppricesstable.Butcritics,includingsomemembersoftheFed,disagree.Theythinkthatifyouputtoomuchmoneyoutthere,itcouldweakenthevalueofthedollar,anditmightenduphurtingtheeconomyinthelongrun.DrugTunnelAZUZ:Wecaughtthemintheact.It'snotagooddayforthecartels.ThatishowoneU.S.officialreactedafterauthoritiesdiscovered30tonsofmarijuana.Thatis60,000pounds!ItwaspartofanoperationthatsmuggleddrugsbetweenMexicoandtheUnitedStates.Andthisishowthosedrugsgotfromonecountrytotheother.Lookatthis.Itisatunnelthat'sthelengthofsixfootballfields.Ithadarailsystem,lighting,ventilation通风设备.Itwasprettysophistocated.AnditranbetweenawarehouseinTijuana,MexicoandoneinSanDiego,California.AspecialtaskforcelooksforthesekindsoftunnelsalongtheU.S.-Mexicoborder.Now,officialsaregoingtobeinvestigatingtheownersofthosetwowarehouses.HaitiBracesForRainAZUZ:PeopleinHaitiaredealingwithmorerainfromTropicalStormTomas.Thestormisn'texpectedtohitthecountrydirectly,buttherainitselfcouldbeaproblem.Officialsarespecificallyworriedaboutfloodingandmudslides.Asyouseeinthesepicturesrighthere,alotofpeopleinHaitistillliveintentsafterJanuary'searthq