American Morning

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November 10th, 2011
02:16 PM ET

USAA lists top cities for military retirees to start a second career

This coming Veterans Day, we will take a moment to honor those who have served in the armed forces. But sadly, many of our military vets are suffering in this economy. Veterans who had long military careers often struggle to transition to jobs in the civilian workforce.

This week, USAA (United Services Automobile Association) released a list of the top 10 cities in the U.S. for military retirees to start a second career. Top of the list is Oklahoma City, OK. Other cities on the list:

1. Oklahoma City, OK
2. Norfolk, VA
3. Richmond, VA
4. Austin, TX
5. San Antonio, TX
6. Madison, WI
7. Philadelphia, PA
8. Raleigh, NC
9. Omaha, NE
10. Manchester, NH

June Walbert of USAA talks with Chrstine Romans about the list and the difficulties retired service members face in trying to find work in the civilian world.


Filed under: Economy • Jobs • Military
November 10th, 2011
02:14 PM ET

Emotions run high on Penn State campus after Paterno firing, but victims are lost in the discussion

Hundreds of Penn State students spilled into the streets early Thursday after news that legendary coach Joe Paterno had been ousted over a child sex abuse scandal at the university. The group quickly turned raucous, proceeding to tip over a news van as they decried the media's coverage of their beloved football coach.

Carol Costello speaks with Jon Wertheim, Senior Writer for Sports Illustrated, to discuss why the students are standing behind Paterno and why more attention isn't being paid to the victims.


Filed under: Controversy • Penn State • Sports
November 10th, 2011
02:04 PM ET

How Penn State football culture affects the child sex abuse scandal fallout

Joe Paterno, the beloved patriarch of Penn State, always said that he didn't just try to teach his players how to be great football players – but also how to be good people with strong moral values. But the emerging child sex abuse scandal craises troubling questions about the culture at big-time college sports campuses.

The students have a deep love for their football team – and they're not afraid to show their appreciation to the man who led the Nittany Lions to greatness for so many years. Yet, some observers have wondered why the same students aren't showing more concern to the victims of these terrible crimes.

Carol Costello speaks with Neil Rudel, managing editor of the "Altoona Mirror," to get his insight into the peculiar campus culture surrounding one of the nation's leading collegiate football programs.


Filed under: 2012 • Controversy • GOP • Sports
November 10th, 2011
02:01 PM ET

Gov. Perry on debate performance 'I had a brain freeze'

Political observers are already calling it one of the biggest debate gaffes in modern history. During the debate in Rochester, Michigan on Wednesday night, Rick Perry said he would eliminate three federal agencies if elected President - but after struggling for nearly 50 seconds, he was able to name only two of them. Now many are saying this could well mark the beginning of the end of the Texas Governor's campaign.

Rick Perry explains to Christine Romans this morning why he's not dropping out of the race – and why voters will ultimately choose a candidate who realize that this country needs "substance more than we need style."


Filed under: 2012 • American Morning • GOP • Politics
November 10th, 2011
01:57 PM ET

Penn State sex abuse scandal could leave university open to lawsuits

Many questions remain unanswered about the child sex abuse scandal involving Penn State head football coach Joe Paterno's former top assistant coach, Jerry Sandusky. What did university officials know – and when did they know it?  Regardless, even Paterno admits that he should have done more at the time.

CNN legal contributor Paul Callan talks to American Morning about whether Paterno and Penn State could be legally liable for not reporting the abuse.


Filed under: Controversy • Penn State • Sports
November 10th, 2011
01:53 PM ET

Eurozone markets send global markets on a roller coaster ride – is your 401k at risk?

The Eurozone debt crisis is sending global markets into a free-fall. The Dow took its biggest hit in six weeks yesterday.  Increasingly, fears have spread to Italy – which accounts for a whopping 25% of the Eurozone's debt. And now there are even reports that Germany and France are holding talks about possibly downsizing the European Union.

Christine Romans speaks with Drew Kanaly, Chairman and CEO of Kanaly Trust, to discuss where this crisis is going – and how it is impacting your 401k.


Filed under: 401k • Economy
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