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tv   60 Minutes  CBS  December 12, 2010 7:00pm-8:00pm EST

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either team. sanchez, throwing it, knocked down. sean smith, that is fourth down, dustin keller the intended receiver. they're looking at 42 yard fieldgoal attempt. >> dan: sean smith has been battling a bad ankle throughout the week. he was questionable before this game. he's had his hands on half a dozen balls this afternoon. >> ian: on 4th and 8, rex ryan decides to try the fieldgoal. nick folk. from 42 yards away, weatherford will hold it. folk has got it. 10-6 miami. 5:21 left in this fourth quarter. battle in the afc east here at the new meadowlands stadium.
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dolphins 10, jets 6. 5:21 remaining in this fourth quarter. dolphins interaction is 6-6, the jets are 9-3. not a lot of offensive highlights to show you. henne to brandon marshall the only touchdown of the day. this one looked to be a touchdown but holmes unable to bring it in for the jets. a drop in the end zone. couple of nick folk fieldgoals. carpenter with a fieldgoal as well for miami. the miami dolphins have just 131 total yards, yet tony sparano's team is leading mark sanchez an the jets 10-6 with just over five minutes to play. >> dan: santonio holmes is 42 yard reception, key to that last
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drive, longest drive of the afternoon but the jets again out of the end zone could only manage the fieldgoal from folk. >> ian: folk will now kick it off. nolan carroll is back deep for miami standing at his own 3 yard line. 10-6. returnable for carroll from the two. avoids two tackles then brings it out across the 25 yard line for miami. 24-yard return. for those of you expect tongue see "60 minutes" you're watching the nfl on cbs, dolphins and jets. the rest of our cbs crew, miami on top of the jets 10-6. "60 minutes" will be seen immediately after the game except on the west coast where it will be seen at its regularly scheduled time.
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5:14 to play. first and ten for the dolphins at the 26 yard line. hand off for ricky williams, steamrolling his way to the 30 yard for a four-yard gain. matt kroul with a tackle for the jets. the jets are 9-3, game behind the new england patriots. the dolphins 6-6 they could actually be eliminated from playoff contention with a loss here and a baltimore win on monday night. henne in trouble. gets out of it then brought down. pouha for new york. >> dan: first man in was david harris, rex ryan decide tongue bring the pressure on henne and
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pouha right in the middle here is going to get the sack. but it's number 52 coming right up in the middle here. getting away from ricky williams forcing henne up in to the pocket. say goodbye. that's fourth sack for jets this afternoon. that one was huge, it sets up a very difficult third down conversion try for henne. >> ian: a third and 12. henne is limited to 55 passing yards today. fakes the hand off. henne was trying to throw the screen. incomplete over the head of ronnie brown out in the flat. the dolphins go three-and-out with calvin pace and brodney pool supplying the pressure on henne. >> dan: brandon fields has had great day averaging well over 55 yards a punt. but remember, the jets did block a punt back in game one on fields.
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>> ian: brandon fields with the punt. cromartie is deep. cromartie back pedals to the 20. cromartie, hit at the 30 he's buried there. spot it just shy of the 30 after the 56-yard punt. tim dobbins downfield to make the play. tonight on cbs, all new beginning with "60 minutes" jerry jones interview owner of the dallas cowboys. that will be followed by finaller of "the amazing race" new episodes of undercover boss and "csi: miami" that's tonight only on cbs. jerry always has something interesting to say. looking forward to that. >> dan: and see what mark sanchez can do with three timeouts and needing to get a touchdown to win this ball game.
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iron they have been the cardiac kids. they trail with 3:40 to go in the fourth. shotgun, sanchez, goes the other way, incomplete. tried to get it to keller. cameron wake over there defensively -- >> dan: it's a screen pass. just threw the ball too hard for keller. keller is what you call slow blocking on the play. trying to delay the rush on sanchez. owe turns around that ball is just zipped right by him. keep your eye on mr. clutch. here is santonio holmes. >> ian: 2nd and 10. sanchez, rifles, knocked down. we've seen a number of those today. mark sanchez unable to get it over the defensive line and
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carlos dansby, that time, applied the pressure. 3rd and 10 for the jets. here is dansby right here. >> dan: going to be a slant route to the left side to holmes. that's just athletic ability. in fact that ball hit him in the throat. >> ian: four straight incompletions for sanchez. henne had seven straight incomplete passes. on third down, sanchez throwing. and keller, the throw was off line as keller tried to bring it in with the right arm. >> dan: it's been a problem for sanchez, ball location. we've seen couple of times he put it okay but keller on the right side of the screen, ball going to be thrown to his back shoulder here. if it's thrown out in front, killer with his speed may take the ball the distance.
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>> ian: the jets have to punt. they do have three timeouts remaining. weatherford funding to da ron bess. the dolphins will have it at the 19 yard line and 10-6 ball game with 3:19 to go. that was a 51 yard punt from weatherford. just remind sneer 60 minutessism will be seen in its entirety immediately after this game except on the west coast where it will be seen at its regularly scheduled time. the new england patriots get the win, a blow out victory over the chicago bears. the patriots have clinched the playoff berth in the afc and moved to 11-2 putting some space between them and the jets, potentially depending what happens over the final three minutes and change. ricky williams the ball careere second effort to get it across the 20. it's a three yard gain for the veteran williams. bart scott, matt kroul.
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>> dan: three timeouts remaining for the jets. question now is, when will rex ryan use his timeouts. miami, 99 rushing yards on the day. 32 passing yards, second and seven now. down to 2:42 left. williams, a little shake and bake move across the 25 yard line for a four yard pick up. brodney pool got them down low. set up third down and time out used at the 2:33 mark of the fourth. >> dan: of course the two minute warning will stop the clock as well. that's a perfect time to use their first time out here in the second half. you go back to that last punt by brandon fields and joe mcknight came close to blocking it.
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so good on special teams with the special teams coordinator. got to be thinking about blocking brandon fields' punt. >> ian: huge play on third and three. jets have two timeouts remaining and the two minute warning. dolphins making their first appearance at the new meadowlands stadium. in this afc east rivalry. third and three for miami. brown in the backfield. fakes the hand off. bootleg, he's going to try to run for it. he gets clobbered! at the 24 ryan thomas a loss of one on the play.
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fourth down dolphins. >> dan: just two-man route on the side that henne is rolling out to. he had brandon marshall out there. great coverage on ronnie brown. no place, bryan thomas with that coverage. you can see what we're looking at for henne and he rolls out of the bootleg. here is brown, here is marshall down the field. you can see nobody for him to throw the ball to. trying to fool the jets in to thinking they were going to run the ball in that third and short. make good decision not to throw it. throwing incomplete pass would have stopped the clock by hanging on to it. forces the jets to use their second time out. >> ian: the jets with one time out remaining. 2:28 left on the clock. brandon fields bill punt for the 10th time he's averaging over
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56 yards per kick. antonio cromartie. the return man, flags come down. >> dan: if this is ginn the jets it will be fourth and short. may even be fourth in the first down. >> referee: false start. illegal pass, no. 92. five-yard penalty. remains fourth down. >> ian: john denney is the snapper. they will back it up. brandon fields, he's been able to flip the field all day with his booming kick. cromartie. he could not keep his footing and he's down to the 25 after the 58-yard punt by fields.
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what a performance. come up tonight on cbs, "60 minutes" interview with dallas cowboys owner, jerry jones. followed by the finale of "the amazing race" new episodes of "undercover boss" and "csi: miami" only cbs. it's now eight straight quarters without an offensive touchdown for the jets. >> dan: how about brandon fields, ian, ten punts over 500 yards of punts today. that's as good an effort i've ever seen from a punter. >> ian: can sanchez come through in the late stages. he's done that throughout the season. jerricho cotchery with the catch. cotchery short of first down 9-yard gain. can they get one playoff before the two minute warning. trying to rush. they didn't get it. second and one when we come back. rex ryan and jets two minutes to
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@ >> ian: second and one for the jets. nuclear weapon have one time out remaining, they trail the miami dolphins 10-6 with two noints play. they have played in some gut-wrenching games over the course of this season. sanchez has come up with big plays. from the gun, tomlinson will get the first down out across the 35. so they get the first order of business out of the way and this drive will continue the block is moving down to 1:48 and counting. sanchez steps up. loses the football, able to cover up. carlos dansby putting the heat and loss of four on the play. >> dan: mike nolan trying to make mark sanchez as uncomfortable as possible, benny sapp coming on the safety blitz, dansby swats the ball out of sanchez's hand, get credit for a
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sack here. that's just been the type of day for mark sanchez, he has had room to run stepping up in the pocket there. but dansby with a heads-up play. >> ian: not only do you get out of rhythm offensively for the jets but forced to use your final time out. >> dan: receivers are way down the field. you can't really afford to spend the time for them to come back and get lined up. so using that time out was smart. but could be costly as well. >> ian: jets have 1:38 to work with. no timeouts remaining. a second and 14 from their own 32. empty backfield, spread formation for the jets. sanchez throws, it's dropped. jerricho cotchery, it would have been a first down and then some. >> dan: that's the "then some" is going to be huge. because he was on the run full speed, ball perfectly thrown by
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sanchez. look at what cotchery was going to be able to do. yeremiah bell was slowing, cotchery with his speed was going to pull away make a big gain for the jets. if -- if -- >> ian: santonio holmes dropped sure touchdown in the first half. that was first down throw to cotchery. dropped by the wide receiver in the third and 14. sanchez, throws in to a crowd cotchery making the catch and first down nor new york. out across the 45. it covers 14 yards. moving quickly now. they will spike it with 1:19. do you agree with that? >> dan: no, i don't. i think you got plenty of time to keep moving. again you're killing your own momentum you've just created with that good catch by cotchery. look at this catch by cotchery. sean smith coming, trying to take a swipe at that ball.
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cowhat piece see with the tackle. good effort to get the first down. >> ian: sanchez is sacked! he coughed up the football, brandon moore on the recovery. cameron wake busting through for miami the clock is rolling down to 1:02 left. on third down for the jets. sanchez, knocked down. sean smith gets his hands on it, again, the clock stops with 54 seconds to play. >> dan: dolphins just getting it done with their pressure on mark sanchez. then in the back end the play by sean smith, here is going back two plays. the sack by cameron wake as he
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goes right around wayne hunt tore pick up another sack. here is the play by sean smith. it looked like yeremiah bell might be able to pick it off if smith doesn't knock it down. >> ian: ball game. 4th and 15. sanchez, in trouble. sanchez trying to break three and he's brought down. that will do it. cameron wake, the miami dolphins come in to the meadowlands and get a huge win. the jets have lost their swagger. >> dan: cameron wake came in leading the league in sacks with 12. he gets a couple of back to back plays here working against wayne hunter. hunter of course filling in for damien woody. but wake has such great leverage and quickness, hunter does a good job of keeping away from the quarterback but once sanchez steps up, wake keeps his eyes on
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him and closes. >> ian: it's over. jets have no timeouts remaining. mark sanchez, 17-44, 216 yards and a pick. chad henne threw for just 55 yards but the defense come through for the dolphins. the miami dolphins improved to 7-6. they're still alive in the afc playoff picture for tony sparano and company. jets balance to 9-4 all of the dolphin points come off of turnovers. final score here at the meadowlands miami 10, jets 6. meadowlands miami 10, jets 6. coming up, "60 minutes." closed captioning provided by cbs sports division
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captioning funded by cbs and ford-- built for the road ahead. >> stahl: basically, he called you a hostage taker. >> excuse me, mr. president. i thought the election was over. you know, a lot of that heated rhetoric during an election. but now, it's time to govern. >> stahl: he hasn't even taken over yet as speaker of the house and, already, john boehner and the president were at each other this past week. in our interviews with him, we
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wanted to know will boehner try for a better relationship? and what does he plan to do about the deficit? and why does he cry so often? >> it's important. >> kroft: when most people think of brazil, they think of its passion and excellence in soccer. not of skyscrapers and sao paulo, the financial hub of a fledgling economic super power. they think of the pulsating beat of the samba and carnival, not commodities or the world's largest cattle industry. the most powerful country in south america. >> g.d.p.-wise, we are bigger than all the other countries together. this is it. hello. time for americans to wake up. >> pelley: how warm and sunny the future felt in august with the last snaps of training camp.
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then, jerry jones, owner of the dallas cowboys, met the season from hell. >> and he was blasted. >> pelley: jones will host the super bowl in his mammoth new stadium, but the owner who hand- picked one of the most expensive teams in sports won't be playing in it. george steinbrenner was a great friend of yours. >> he was. he's someone i really admire. >> pelley: if you were steinbrenner's g.m. he might have fired you by now. >> of course, he would have. no doubt in my mind that he would have. >> i'm steve kroft. >> i'm lesley stahl. >> i'm bob simon. >> i'm morley safer. >> i'm lara logan. >> i'm scott pelley. those stories tonight on "60 minutes." ♪
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>> stahl: john boehner is about to replace nancy pelosi as speaker of the house, and become the most powerful republican in the country and third in line to the presidency. he was swept in with the biggest republican landslide in the house since 1938. as we set off to meet him, we had two questions: which john boehner will show up as speaker, the deal-maker he's been in the past, or the more hard-line conservative of late, who's aligned himself with the tea party that helped bring him and his party back into power? and what kind of a relationship will he develop with president obama? we met at the capitol the day after the president announced the new tax deal. when i asked him about the president, he dwelt on their differences. what do you think of him? >> congressman john boehner: i think he's engaging.
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certainly smart. brilliant. but, you know, we come from different backgrounds. and i think our view of the economy is also very different. >> stahl: that's for sure. i asked him about the president saying, the day before, that the republicans are holding the american people hostage to get tax cuts for the wealthy. he basically called you a hostage-taker. >> boehner: excuse me, mr. president, i thought the election was over. you know, you get a lot of that heated rhetoric during an election. but now, it's time to govern. >> stahl: do you think that his tone will make it more difficult for you to come together as we move forward on issues? or are you just flicking it off? >> boehner: i... listen, i've got thick skin. and a lot of words get said here in washington. you just have to let them run off your back. the president was having a tough day. >> stahl: you're so understanding. >> boehner: i have a tough day, from time to time, myself. >> stahl: but later in the interview, it became clear that
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the president's jab about hostage takers had bothered him. there have been moments of disrespect shown to president obama. >> boehner: well, there was some disrespect, i would suggest, that was shown to me yesterday by the president. >> stahl: the most powerful democrat, and the now most powerful republican, are sizing each other up. they may have exchanged more words via television than in person. and most of them have been, shall we say, unfriendly. >> boehner: and look at how this bill was written... >> stahl: mr. boehner was the one who urged republicans in the house to vote as a bloc... >> boehner: hell, no, you can't! >> stahl: ...against all of mr. obama's initiatives-- health care, the stimulus, and on and on. and he escalated the attacks during the campaign. >> boehner: your government is out of control. do you have to accept it? >> no. >> boehner: do you have to take it? >> no. >> boehner: hell, no, you don't! >> stahl: his strategy of defiance worked. and on election night, in his victory speech...
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>> boehner: this is a time to roll up our sleeves. >> stahl: ...the public saw something they probably never expected from mr. "hell no." it was called "the sob heard 'round the world." >> boehner: i've spent my whole life... chasing the american dream. >> stahl: we learned two things that night-- that the speaker- elect is one emotional guy... >> boehner: i put my... myself through school, working every rotten job there was. >> stahl: and that if ever there was an american dream story-- up from nothing-- it's john boehner's. does this look like it did when you were a kid...? >> boehner: kind of. >> stahl: ...when you came to the bar to work? >> boehner: kind of. >> stahl: he spent his childhood working here at andy's, his father's bar in reading, ohio, a factory town outside cincinnati. you worked here from the age of... >> boehner: i was about ten years old. we got to be about nine or ten, and we came in on saturday mornings with dad, and mopped
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the floor, helped cook breakfast, clean up the dishes, wash the windows. >> stahl: his brothers and sisters all worked at the bar, all 11 of them, most of whom we met that day. is this the first time since the election? >> since the election. >> yes. >> yes. >> stahl: so, now are you have to... going to call him "mr. speaker." >> i don't think so. >> no. ( laughter ) >> stahl: john's the second oldest... >> boehner: i was the authoritarian. >> stahl: ...bossy with his three sisters and eight brothers. they lived in a small house, with only one bathroom. you had to get along. >> yeah. >> boehner: there wasn't enough room to not get along. >> stahl: you couldn't fight. >> boehner: it wasn't like you could hide in another room somewhere. >> we didn't think it was unusual that we had 12. >> boehner: well, the only different between six or seven and 12 is that the chaos lasts longer. >> stahl: how many days a week did you to church, did you go to mass? >> boehner: every morning. >> stahl: every morning? >> boehner: every morning.
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>> stahl: the boehners were john kennedy democrats. but in the 1970s, when he bought a small business and made millions in plastics, he was shocked at how taxes ate up so much of it and converted to his new political religion, reagan republicanism. >> boehner: mr. speaker and my colleagues, i rise today... >> stahl: in congress, he was part of the republican leadership until then-speaker newt gingrich was forced out. then, as he put it, he clawed and plotted his way back to becoming speaker. on election night, what made you sad? what got to you that night? >> boehner: i was talking... trying to talk about the fact that i've been chasing the american dream my whole career. there's some things that are very difficult to talk about-- family, kids. i can't go to a school anymore; i used to go to a lot of schools. and you see all these little kids running around. can't talk about it.
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>> stahl: why? >> boehner: making sure that these kids have a shot at the american dream, like i did. it's important. >> stahl: turns out his colleagues in congress are familiar with his waterworks. he even chokes up over legislation. >> boehner: and i think the top of our list is providing for the safety and security of the american people. >> stahl: remember when ed muskie cried? >> boehner: oh, yeah. >> stahl: that wasn't good. >> boehner: wasn't good. that's all right. listen... >> stahl: are you trying not to? >> boehner: no. what you see is what you get. i'm... i know who i am. i'm comfortable in my own skin. and everybody who knows me knows that i get emotional about certain things. >> stahl: so what kind of speaker will he be? newt gingrich was quoted in the paper, saying that you should look at the mistakes he made and learn lessons from that.
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>> boehner: i have. >> stahl: you have? >> boehner: i have. >> stahl: give us a hint of the mistakes that you're going to avoid. >> boehner: well, first and foremost, this is not going to be about me. >> stahl: gingrich was flamboyant, boehner is restrained. gingrich was an ideologue; as a former businessman, boehner's more of an establishment republican. during the campaign, he was lampooned in ads for playing too much golf with lobbyists. but he also has a record of reaching across the aisle to work on legislation with the democrats. ted kennedy. people are going to be surprised to find out that you and ted kennedy were good friends. >> boehner: we were really good friends. >> stahl: tell us about that. >> boehner: he may have been this big liberal lion publicly; privately, he was a regular guy. you could work with him, work things out. >> stahl: the question now is whether he can work things out with the president.
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at his news conference on tuesday, mr. obama threw out a challenge. >> president barack obama: once john boehner's sworn in as speaker, then he's going to have responsibilities to govern. you can't just stand on the sidelines and be a bomb thrower. >> boehner: we have to govern. that's what we were elected to do. >> stahl: but governing means compromising. >> boehner: it means working together. >> stahl: it also means compromising. >> boehner: it means finding common ground. >> stahl: okay, is that compromising? >> boehner: i made it clear-- i am not going to compromise on my principles, nor am i going to compromise the will of the american people. >> stahl: you're saying, "i want common ground, but i'm not going to compromise." i don't understand that. i really don't. >> boehner: when you say the word "compromise"... >> stahl: yeah. >> boehner: ...a lot of americans look up and go, "oh, oh, they're going to sell me out." and so finding common ground, i think, makes more sense. >> stahl: i reminded him that his goal had been to get all the bush tax cuts made permanent. so you did compromise. >> boehner: i've... we found
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common ground. >> stahl: why won't you say... you're afraid of the word. >> boehner: i reject the word. >> stahl: one reason is because half of his new members are tea partyers, who think "compromise" is a dirty word, even when it comes to raising the national debt limit, which mr. boehner has said the new congress will have to deal with as adults to keep the federal government from defaulting. are you going to play the adult card with your caucus if they disagree with you? >> boehner: probably. >> stahl: sounds like... >> boehner: i'll have my moments, i'm sure. >> stahl: but it's sounds like a putdown, sounds like they're children. and you're going to have to... >> boehner: no, no. >> stahl: ...treat them as children. >> boehner: no. and i think we're on a pretty short leash. if we don't deliver what the american people are demanding, they'll throw us out of here in a heartbeat. >> stahl: but, obviously, you think the deficit is a major problem, don't you? >> boehner: i do. >> stahl: was the tax deal, in your opinion, worth the $900 billion added to the deficit?
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>> boehner: washington does not have a revenue problem; washington has a spending problem. >> stahl: but i'm asking you a simple question. was it worth... what you got-- was it worth it, in light of the $900 billion? >> boehner: i think it will... i think it's worth it. i think it will create jobs and help our economy. >> stahl: you've said you're going to bring up a spending cutting measure... >> boehner: every week. >> stahl: every week. >> boehner: every week. >> stahl: what's your first one going to be? >> boehner: well, how about we start with cutting congress? i'm going to cut my budget, my leadership budget 5%. i'm going to cut all the leadership budgets by 5%. i'm going to cut every committee's budget by 5%. and every member is going to see a 5% reduction in their allowance. altogether, that's $25 million to $30 million, and it likely would be one of the first votes we cast. >> stahl: okay, but you admit that's not very much money. >> boehner: we've got to start somewhere, and we're going to start there.
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>> stahl: and what about building a relationship with the president? they do have several things in common. you play golf, president plays golf. you've never played together, right? >> boehner: no. >> stahl: how come? >> boehner: i don't know. usually, what happens is the president invites you. >> stahl: and you're a much better golfer than he is, right? >> boehner: he understands that. ( laughter ) >> stahl: which... and that's why he hasn't invited you? >> boehner: no, i don't know. but listen, playing golf with someone is a great way to really get to know someone. you start trying to hit that little white ball, you can't be somebody that you're not, because all of you shows up. >> stahl: so is this a hint? are you saying, "come on, mr. president, let's go get to know each other." >> boehner: we've talked about it. we've talked about it a number of times. it just hasn't happened yet. >> stahl: the president teased boehner about something else they share... >> obama: after all, we have a lot in common. he is a person of color... ( laughter ) although not a color that appears in the natural world. ( laughter )
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>> stahl: debbie boehner, his wife of 37 years, says he's had dark skin as long as she's known him. >> boehner: listen, i've never been in a tanning salon in my life. i've never used a tanning product in my life. >> stahl: so you never moved to washington. >> debbie boehner: uh-uh. >> stahl: mrs. boehner stayed home in ohio with their two daughters, tricia and lindsay, through his 20 years in congress. i asked them how they met. >> boehner: oh, that was really romantic. >> stahl: was it? was it? >> boehner: i was emptying her garbage can one morning when i was a janitor. >> stahl: he was working nights to pay for college, which took him seven years to finish. so what do you think about him being speaker of the house? has it hit you? >> debbie boehner: no, it sure hasn't. real proud of him. he'll do a good job. i'm real proud of him. >> stahl: you know what's happening over here. >> boehner: no, no. my nose is running. >> stahl: no, it's not. what set you off that time? because she's proud of you?
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he cries all the time? >> debbie boehner: no, but he's going through an emotional period, too. i mean, this isn't... you know, as you say, this is not an ordinary job. whoever would have thought that he'd be in this position? he was a janitor on the night shift when i met him. he's come a long way. >> stahl: somebody who's gone from mopping this floor to being speaker of the house. >> debbie boehner: yeah. doesn't happen every day. >> boehner: welcome to america. >> cbs money watch update. >> and good evening, a top advisor to president obama david axelrod predicted today that congress will approve the tax cut deal. the first of the all electric cars were delivered -- delivered to their owners this weekend.
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and the latest movie in the narnia series won the box office, the tourist was second. i'm russ mitchell, cbs news. hit the courts... and explore new places. i'm breathing better with spiriva. spiriva is the only once-daily inhaled maintenance treatment for both forms of copd... which includes chronic bronchitis and emphysema. i take it every day... it keeps my airways open to help me breathe better all day long. spiriva does not replace fast acting inhalers for sudden symptoms. stop taking spiriva and call your doctor right away if your breathing suddenly worsens, your throat or tongue swells, you get hives, have vision changes or eye pain... or have problems passing urine. tell your doctor if you have glaucoma, problems passing urine or an enlarged prostate... as these may worsen with spiriva. also discuss the medicines you take... even eye drops. side effects include dry mouth, constipation and trouble passing urine. now, i'm managing my chronic bronchitis every day. ask your doctor if once-daily spiriva is right for you.
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>> kroft: for decades, the joke about brazil has been that it's the country of the future-- and always will be. despite enormous natural resources, it has long displayed an uncanny ability to squander its vast potential. now, it's beginning to look like brazil might have the last laugh.
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while most of the world is consumed with debt and unemployment, brazil is trying to figure out how to manage an economic boom. it was the last country to enter the great recession, the first to leave it, and is poised to overtake france and britain as the world's fifth-largest economy. its outgoing president may be the most popular politician on the planet, and with the world cup and the olympics on the way, brazil is about to make its grand entrance on the global stage. ( chanting ) when most people think of brazil, they think of its passion and excellence in soccer, ...not of skyscrapers in sao paulo, the financial hub of a fledgling economic superpower. they think of the pulsating beat of the samba and carnival, not commodities or the world's largest cattle industry. they see the beaches of ipanema
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and copacabana and breathtaking vistas... not brazilian tycoons like eike batista, who has the best view in rio, not to mention a net worth of $27 billion. how do most americans see brazil? >> eike batista: they think buenos aires is the capital of brazil, so they mix us with... with other countries around south america. >> kroft: the most powerful country in south america? >> batista: g.d.p.-wise, we are bigger than all the other countries together. and you know, in the last 16 years, brazil has put its act together. this is it-- hello, time for americans to wake up. >> kroft: with most of the world's economies stagnant, brazil's is growing at 7%, three times faster than america. it is a huge country, slightly larger than the continental u.s., with vast expanses of arable farmland, an abundance of natural resources, and 14% of the world's freshwater. 80% of its electricity comes
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from hydropower. it has the most sophisticated bio-fuels industry in the world, and for its size, the world's greenest economy. brazil is already the largest producer of iron ore in the world, and the world's leading exporter of beef, chicken, orange juice, sugar, coffee and tobacco, much of it bound for china, which has replaced the u.s. as brazil's leading trade partner. >> batista: and brazil has the size to match the china's appetite. >> kroft: you have everything... >> batista: it's a big dragon on... on the other side. >> kroft: ...you have everything they need. >> batista: yeah, you need a brazil to basically fulfill the chinese needs. >> kroft: batista, who has interests in mining, transportation, and oil and gas is building a huge super-port complex north of rio, with chinese investment, that will accommodate the world's largest tankers and speed delivery of iron ore and other resources to asia. but it's not just commodities that are driving the brazilian boom. the country has a substantial
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manufacturing base and a large auto industry. aviation giant embraer is the world's third-largest aircraft manufacturer, behind boeing and airbus, and a main supplier of regional jets to the u.s. market. eike batista says the one thing that brazil could use more of us is skilled labor. >> batista: we have to create more engineers. in my oil company, i'm importing americans to weld our platforms. >> kroft: to weld the platforms? >> batista: yes. there's a lack of welders. we are walking into a phase of almost full employment. already, we have created this year 1.5 million jobs. it's unbelievable. >> kroft: brazil has seen periods of prosperity before, only to have the bubbles burst. it spent billions in the '50s and '60s moving its capital to a barren savannah near the middle of the country, where it built brasilia, a futuristic city right out of the jetsons. then, it borrowed billions more to develop the country's interior.
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corruption and ineptitude eventually led to a financial collapse, 2,000% inflation, and, at the time, the largest financial rescue package in the history of the international monetary fund. >> president luiz inácio lula da silva: bom dia, bom dia. >> kroft: then, a few years later, this man walked into the president's office. president luiz inácio lula da silva, known simply as "lula," is a former metal worker with a fourth-grade education and a doctorate in charisma. when he was elected eight years ago on his fourth try, lula was a firebrand labor leader with socialist tendencies. some predicted another hugo chavez. but he is about to leave office with a 77% approval rating, and much of the credit for turning the country around. we talked to him at the presidential residence in brasilia. when you took office, there were many businessmen, both in brazil and abroad, who were very
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nervous about you, who thought that you were a socialist and that you were going to take the country sharply to the left. yet these people now are among your biggest supporters. how did that happen? >> lula ( translated ): look, every once in a while, i joke that a metal worker with a socialist background had to become president of brazil to make capitalism work here. because we were a capitalist society without capital. and if you look at the banks' balance sheets for this year, you will see that the banks have never made so much money in brazil as they have during my government, the big companies have never sold as many cars as they have during my government. but the workers have also made money. >> kroft: how have you managed to do that? >> lula ( translated ): i have found out something amazing. the success of an elected official is in the art of doing what is obvious.
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it is what everyone knows needs to be done, but some insist on doing differently. >> kroft: one thing obvious to lula was the social and economic chasm separating brazil's rich and poor. he gave the poor families a monthly stipend of $115 just for sending their children to school and taking them to the doctors. the infusion of cash helped lift 21 million people out of poverty and into the lower middle class, creating an untapped market for first-time buyers of refrigerators and cars. but he was also far friendlier to business than anyone expected, encouraging growth and development, and maintaining conservative fiscal policies and tight banking regulations that left brazil unscathed by the world financial crisis. >> eduardo bueno: lula was the right man at the right time, it seems. you have to admit... to admit it, you know? he's... he's a kind of pop star. >> kroft: eduardo bueno is a colorful commentator and best-
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selling author of popular brazilian history. what's his secret? >> bueno: he's streetwise. i guess you can say that. he... he knows people, he knows the feeling, he knows what he want, he knows how to deal with the rich, he... he charms president obama. >> kroft: and he also charmed the international committees that awarded brazil the 2016 olympics and the world cup of 2014, political victories that announced the country's arrival as an international player, and will present some challenges for brazil's next president. she is dilma rousseff, lula's former chief of staff and his handpicked successor, who was elected in october because he was ineligible for a third term. there are people that believe that, once you are gone, brazil may revert to its old ways. will the momentum continue, once you leave office at the end of the year? >> lula ( translated ): if there is something i am proud of, it is to have told my people that
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we are not second-class citizens, that we can get things done, we can believe in ourselves. and then, people have started to believe. >> kroft: there are still some non-believers. given its checkered record for living up to its promise, the rap against brazil is that it lacks ambition. it is called "the brazilian way"-- "why do something today that you can pay someone to do the day after tomorrow." brazilians put up with incredibly high taxes on almost everything, have a high tolerance for corruption, bureaucratic red tape, and according to eduardo bueno, harbor a secret love affair with incompetence. president charles de gaulle of france once said that brazil is not a serious country. do you believe that? is brazil a serious country now? >> bueno: it's not a serious country, in several instances, because they say they're going to do something, and then don't do something. here in rio de janeiro, you can invite someone to your house,
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they say they're going to come, and they don't show up. and they don't think it's... no, who cares? but how can you do business in a loose way? how can you run a country in a loose way? >> kroft: while many in brazil's cities lust for first-world status, the third world is never far away. for decades, brazil ignored the festering slums known as favelas, which wrap around rio, overlooking some of the most valuable real estate in the city. they have been staging areas for street crime against tourists, and safe havens for drug gangs so well armed that they brought down a police helicopter a few years ago with heavy machine gun fire. finally, after years of looking the other way, the military police have begun to move in. in recent weeks, some parts of rio have been a battle zone, with drug traffickers burning buses near some of the sports stadiums. but so far, the police have pacified 13 of the most dangerous favelas. and there are 27 more to go.
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>> batista: this is a revolution. i myself did not believe this three years ago. there is a solution for the... for the slums all over brazil. >> kroft: but there are also some massive problems with infrastructure. if the road to brazil's future is long and wide, it is also jammed with traffic and filled with potholes. 90% of the roads in the country are still unpaved, and in the cities, there is not much in the way of public transportation. and already, there are major delays in the building and renovating of stadiums for the 2014 world cup. fifa, the world soccer organization, says brazil is way behind in making preparations for the world cup. will the country be ready? >> lula ( translated ): look, first, we need to be careful about european perfectionism, because everything that happens here, in the south, they think they know better than us.
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well, the europeans may put their minds at ease, because we will organize the most extraordinary world cup ever. >> bueno: what they didn't make in 500 years, they want to make in four, because the world cup's going to be in brazil. >> kroft: do you think they'll be ready? >> bueno: no, i don't think it's going to be ready, especially because brazilians don't mind to be late. you know, they think, "oh, just get a little late. what's the problem?" they going to be planting the... the grass while the... the ball was already rolling. >> kroft: whatever happens in brazil, no one will be able to blame it on a lack of money. that's because 150 miles off the coast lie what are believed to be the largest discoveries of oil found anywhere in the world in the past 35 years. petrobras, the state-owned oil company, is preparing to drill 20,000 feet below the surface of the atlantic to reach oil fields that sit underneath layers of salt beds. >> batista: this oil story is a trillion-dollar story, right in front of us here. >> kroft: what do the... the offshore oil discoveries do for brazil?

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