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CBN NewsWatch: December 26, 2012

CBN Newswatch for Dec. 26, 2012 Read Transcript


WELCOME TO THIS EDITION OF

CBN NEWS FOCUS, I AM EFREM

GRAHAM.

MEMBERS OF CONGRESS WANT TO KNOW

WHAT WILL HAPPEN IF THE ECONOMY

GOES OVER THE FISCAL CLIFF.

HEATHER SELLS WENT LOOKING FOR

ANSWERS.

REPORTER: THERE WAS TALK OF

COMPROMISE WHEN PRESIDENT AND

HOUSE SPEAKER JOHN BOEHNER MET

FACE TO FACE FOR THE FIRST TIME

IN A MONTH.

A DEAL IS NEEDED QUICKLY IF

THERE IS CONGRESSIONAL APPROVAL.

NEITHER REPUBLICANS NOR

DEMOCRATS ARE TALKING ABOUT

PAYROLL TAX INCREASE THAT WILL

AFFECT ALL WORKERS ON JANUARY

1ST.

SOCIAL SECURITY TAX WHICH WAS

TEMPORARILY DROPPED TO 4.2% IN

2010 IS SCHEDULED TO GO BACK TO

6.2% IN JANUARY.

AVERAGE AMERICAN HOUSE HOLD WILL

SEE 2013 PAYCHECKS SHRINK BY 2%.

THERE ARE TALKS ABOUT CAPPING OR

ELIMINATING TAX DEDUCTIONS ON

MORTGAGE INTERESTS AND

CHARITABLE DONATIONS.

WHAT CAN AN AVERAGE WAGE EARNER

DO?

ONE WAY IS TO INCREASE YOUR

RETIREMENT ACCOUNT CONTRIBUTION.

HE SAYS OPEN UP A ROTH IRA.

ONE OF THE THINGS YOU CAN STILL

DO THIS YEAR, YOU KNOW THE TAX

RATES, YOU CAN LOOK IF YOU HAVE

A TRADITIONAL IRA, CONVERTING TO

A ROTH.

YOU CAN DO A FULL OR PARTIAL

CONVERSION, NOW THAT CONVERSION

IS TAXABLE.

RATES ARE LOWER THAN IN THE

FUTURE.

GOOD THING ABOUT A ROTH, THAT

APPRECIATION GROWS TAX FREE AND

THE FUTURE WITHDRAWAL TAX FREE.

ANOTHER TIP IF YOU OWN STOCKS

THAT HAVE APPRECIATED OVER THE

PAST YEAR, YOU CAN DONATE THEM

TO CHARITY AND AVOID CAPITAL

GAINES TAXES.

YOU CAN GIVE UP TO 30%.

YOU CAN DEDUCT THE FULL MARKET

VALUE AND BYPASS CAPITAL GAINES

TAX.

DONOR ADVISE FUNDS, FIDELITY

VANGUARD, SH WAB, YOU CAN TAKE

AN IMMEDIATE DEDUCTION IN 2012,

AT A DESIGNATED FUTURE TIME, YOU

CAN GIVE IT TO A QUALIFIED

CHARITY.

MAXIMIZE YOUR CHARITABLE

DONATIONS BY THE END OF 2012.

YOU CAN DEDUCT THE FULL AMOUNT

FROM YOUR TAXABLE INCOME NEXT

APRIL, HEATHER SELLS, CBN NEWS.

IF CONGRESS IS SEEKING WAYS

TO SAVE MONEY, EXCHANGING PAPER

MONEY FOR COINS.

SOME SAY CONVERTING FROM MONEY

TO COINS COULD SAVE AMERICA FOUR

AND A HALF BILLION DOLLARS,

MAYBE EVEN 40 BILLION DOLLARS.

PAUL STRAND TAKES A LOOK

REPORTER: SEVEN TIMES NOW

THE GOVERNMENT ACCOUNTABILITY

OFFICE HAS BEGGED OFFICE TO

ABANDON THE BILL.

LAWMAKERS DON'T LIKE OFFENDED

VOTERS.

THREE-FOURTHS OF AMERICANS DON'T

WANT THE CHANGE.

COIN FANS SAYS IT CONVERTS TO

61% SUPPORT.

4.4 BILLION SAVINGS OVER 30

YEARS.

AND IF WE LOOK AT WHAT HAPPENED

IN CANADA, THEY BLUE PASSED

THEIR PROJECTIONS OF SAVINGS.

REPORTER: CANADA SAVED MORE

THAN 10 TIMES WHEN CANADIANS

WENT LOONEY FOR THE $1 LOONEY

COIN.

DYES SHIPPED TO WINNIPEG AND

LOST.

IT WAS NOT A LOON THAT WAS

SUPPOSED TO BE A DESIGN.

IT WAS SUPPOSED TO BE A VOYAGER.

DYES HAVE NEVER BEEN FOUND.

THERE WAS A SNOWSTORM.

THE CANADIAN GOVERNMENT BROUGHT

THE LOON DESIGN UP.

REPORTER: THEY REPLACE PAPER

BILLS FAST.

PEOPLE ARE QUITE HAPPY, THE

LOON UP THERE IS VERY POPULAR.

JIM MILLER SCOFFED AT THAT

IDEA.

ARE YOU PREPARED TO FORCE

USERS, VOTERS TO USE A MEANS OF

EXCHANGE THEY CLEARLY OBJECT?

THE MINTS FAILED TO SELL THE

COIN.

THERE IS MORE THAN MEET IT IS

EYE LIKE WHAT HAPPENED WITH THE

SACAJAWEA BUCK.

THE MINT TOOK TO DIRECTLY

SENDING THESE TO WAL-MART.

THERE WERE LINES OF PEOPLE

TRYING TO GET THE SACAJAWEA

COINS.

THE FED MAKES PROFIT FROM

SELLING ONLY PAPER COIN.

MERCHANTS FOUND IT MORE ADULT

TO GET THE COINS TO KEEP IN

THEIR DRAWERS, BECAUSE THE FIRST

OF ALL RESERVE BOARD WASN'T

MAKING IT EASY.

THE MINT GETS THE PROFIT FROM

MAKING ALL COINS. MUCH OF

THE SAVING, FINANCIALLY AND

ENVIRONMENTALLY WILL COME FROM

GETTING RID OF A PAPER BILL THAT

WEARS OUT IN TWO TO THREE YEARS.

A COIN LASTS 30 YEARS BEFORE

YOU CAN'T USE IT.

THEN YOU CAN MELT IT DOWN AND

REUSE IT.

YOU CAN'T WITH PAPER.

YOU HAVE TO PULP IT AND SHRED

IT.

FINAL POINT, WE HAVE FEWER

COINS BY GETTING RID OF PENNIES

AND NICKELS.

PENNIES COST 2.4 CENTS TO

MINT AND A NICKEL 11 CENTS.

IS ALL THIS CHANGE AMERICANS

WILL BUY?

PAUL STRAND, CBN NEWS,

WASHINGTON.

PRESIDENT OBAMA EXPECTED TO

MAKE KEY CHANGES TO SECOND TERM

CABINET.

HILARY CLINTON PREPARES TO STEP

DOWN AS SECRETARY OF STATE.

SUZANNE RICE IS WITHDRAWALING

HER NAME.

SEARCH IS ON FOR WHO WILL FILL

THE TOP POST ALONG WITH OTHER

CABINET OPENINGS

REPORTER: U.N. AMBASSADOR

SUZANNE RICE SEEMED LIKE A SHOE

IN FOR SECRETARY OF STATE.

ON THURSDAY RICE WITH DREW HER

NAME FROM CONSIDERATION TO

REPLACE HILARY CLINTON.

IN A LETTER TO THE PRESIDENT SHE

WROTE THE POSITION OF SECRETARY

OF STATE SHOULD NEVER BE

POLITICIZED.

I AM SADDENED WE HAVE REACHED

THIS POINT EVEN BEFORE YOU HAVE

DECIDED TO NOMINATE.

RICE CAME UNDER HEAVY CRITICISM

FOR HER INITIAL ANALYSIS ON THE

DEADLY ATTACK ON THE U.S.

CONSULATE IN LIBYA.

MANY SUSPECTED IT WAS A PLANNED

ATTACK.

WE ARE SIGNIFICANTLY TROUBLED

BY THE ANSWERS WE GOT.

HER EXIT MAKES AN OPENING FOR

JOHN KERRY WHO UNSUCCESSFULLY

SOUGHT THE PRESIDENCY IN 2004

HAS VAULTED TO THE TOP OF THE

PRESIDENT'S SHORT CANDIDATES.

KERRY IS KNOWN FOR FOREIGN

RELATION BUILDING SKILLS AND

COULD HELP HIM SUCCEED.

NEBRASKA REPUBLICAN SENATOR

CHUCK HAGUEL.

POSSIBLE SELECTION OF KERRY AND

HAGUEL WOULD PUT THEM AT THE

STATE AND PENTAGON.

ALSO AN OPENING AT THE TOP JOB

AT THE CIA, MICHAEL MOREL AND

COUNTEDER TERRORISM ADVISER JOHN

BRENNAN ARE CONTENDERS.

KERRY ELECTION COULD MEAN A

SPECIAL ELECTION FOR

MASSACHUSETTS.

SCOTT BROWN IS A STRONG

CONTENDER.

SUZANNE RICE WILL STAY ON AS

AMBASSADOR AND A KEY MEMBER OF

THE NATIONAL SECURITY TEAM.

SANDY HOOK TRAGEDY IS SPARKING A

NATIONAL DEBATE.

THE CONNECTICUT ELEMENTARY

SCHOOL SHOOTING SHOULD BE THE

TIPPING POINT.

THE FOCUS SHOULDN'T BE ON GUN

LAWS BUT MENTAL HEALTH.

LAWMAKERS ON BOTH SIDES OF

THE ISLE AGREE, ACTION NEEDS TO

BE TAKEN.

WHAT THAT ACTION LOOKS LIKE IS

WHERE THEY DISAGREE.

DEMOCRATS ARE RENEWING THEIR

CALL FOR TOUGHING GUN LAWS.

WE CAN PUT ASIDE THE R'S AND

D'S AND REALIZE THERE IS A STRIK

ACCESS TO THE MOST VIOLENT.

I DON'T KNOW ANYBODY THAT

NEEDS 30 ROUNDS IN THE CLIP.

PRESIDENT OBAMA: ARE WE

PREPARED TO SAY THAT SUCH

VIOLENCE VISITED UPON OUR

CHILDREN YEAR AFTER YEAR IS THE

PRICE FOR OUR FREEDOM.

SOME SAY ARMING

SCHOOLTEACHERS WOULD MAKE THEM

SAFE SNER

IN THE STATE OF TEXAS, IF YOU

GO THROUGHOUT PROCESS AND YOU

HAVE BEEN DUALLY BACKGROUNDED

AND TRAINED AND YOU ARE A

CONCEALED HANDGUN LICENSED

CARRYING INDIVIDUAL, YOU SHOULD

BE ABLE TO CARRY YOUR HANDGUN

ANYWHERE IN THIS STATE.

IS SANDY HOOK TRAGEDY IS

SPARKING A CONVERSATION ABOUT

MENTAL HEALTH.

FRIENDS AND FAMILY OF THE

SHOOTER ADAM LANZA SAY HE

SUFFERED FROM A PERSONALITY OR

MENTAL DISORDER.

MORE THAN 15 MILLION CHILDREN IN

THE U.S. HAVE SIMILAR DISORDERS.

THERE AREN'T ANY RESOURCES

AVAILABLE TO HELP THEM.

THERE IS A BUNCH OF DIFFERENT

PARAMETERS THAT COME INTO PLAY.

CERTAINLY MENTAL HEALTH ISSUES

WILL HAVE A SIGNIFICANT MENTAL

HEALTH ISSUE, 61% IN THEIR

LIFETIME.

THERE IS NOT THAT MANY SERVICES

WHERE PEOPLE HAVE TROUBLE

ACCESSING SERVICES.

THAT IS PART OF THE PROBLEM IN

THESE SITUATIONS.

GUN CONTROL ISSUE IS EXPECTED

TO BE ADDRESSED ON THE FIRST DAY

CONGRESS IS BACK IN SESSION.

THE STRONGEST LOBBYING TEAMS IN

WASHINGTON.

COMING UP, COULD A NARROW

VICTORY FOR ISLAMIST IN DRAFTING

EGYPT'S CONSTITUTION ALSO HAPPEN

IN THE WEST?

ISLAMIST APPEAR TO HAVE WON A

NARROW VICTORY ON EGYPT'S

CONSTITUTION.

THEY ARE CALLING FOR A REVOTE.

CHRIS MITCHELL HAS THE STORY

REPORTER: THE OPPOSITION

UMBRELLA GROUP CONDEMNED THE

IRREGULARITIES AND VIOLATIONS

INCLUDING THE PRESENCE OF THE

MUSLIM BROTHERHOOD AT THE POOLS

CALLING FOR A LARGE RALLY

AGAINST THE CONSTITUTION.

WE CALL ON OUR GREAT EGYPTIAN

PEOPLE IN ALL THEIR SECTORS TO

GO DOWN ON TUESDAY, DECEMBER

18TH TO THE STREETS TO DEFEND

THEIR FREE WILL, AND BRING DOWN

THE DRAFT CONSTITUTION.

MILLIONS OF EGYPTIANS CAST

THEIR VOTE ON THE REFERENDUM

EMPOWERING ISLAMISTS TO

IMPLEMENT SHARIA LAW THAT MODERN

EGYPT HAS SEEN.

I CAN'T ACCEPT A CONSTITUTION

WITH VERY LIMITED RIGHTS FOR

MINORITIES, WOMEN, FOR EVEN

CHILDREN.

IT IS NOT SUITABLE FOR EGYPT.

WE ARE TALKING ABOUT THE COUNTRY

THAT HAS BEEN IN PLACE OVER 210

YEARS.

VIOLATIONS INCLUDED WOMEN

PREVENTED FROM VOTING BECAUSE

THEY WERE NOT WEARING ISLAMIC

VEILS.

INDIVIDUALS FALSELY IDENTIFYING

THEMSELVES AS JUDGES AND

CHRISTIANS DENYING THEIR

ENTRANCE TO POLLING STATIONS.

THE PRESIDENT, IF HE IS

PRESIDENT OF ALL EGYPTIANS HOLDS

THE RESPONSIBILITY OF WHAT HAS

HAPPENED NOW.

AND I ASK ATTORNEY GENERAL TO

SUBMIT THE CRIMINALS TO ATTACKED

US TO JUSTICE.

ISRAELIS ARE WATCHING THE

EGYPTIAN VOTE WITH CONCERN SINCE

AN ISLAMIST VICTORY COULD

THREATEN THE 33 YEAR PEACE

TREATY BETWEEN ISRAEL AND

JERUSALEM.

CHRIS MITCHELL, CAB CAN BE NEWS,

JERUSALEM.

IT SEEMS UNTHINKABLE SHARIA

LAW COULD BE PRACTICE IN PARTS

OF EUROPE.

WE ARE SEEING SIGNS OF IT HERE

IN THE UNITED STATES.

ERICK STAKELBECK HAS MORE.

STONING FOR ADULTERY,

AMPUTATIONS FOR DEATH, DEATH FOR

APOSTATES.

THIS IS LIFE UNDER SHARIA LAW.

THE ISLAMIC SYSTEM PRACTICES IN

IRAN, SAUDI ARABIA AND GREAT

BRITAIN.

YES, GREAT BRITAIN.

REPORTEDLY SOME 85 SHARIA COURTS

WITH CASES RANGING FROM

FINANCIAL TO MARRIAGE DISPUTES

AMONG BRITISH MUSLIMS.

THERE WERE A COUPLE OF

BRITISH JUDGES AND ONE WOMAN

SUING FOR DIVORCE.

ALLEN CRAIG A FORMER CITY

COUNSELOR, HOME TO SEVERAL

SHARIA COURTS WHERE WOMEN FACE

OPEN DISCRIMINATION.

A WOMAN'S WITNESS VALUE IS

HALF OF THAT AS A MAN.

THEY TEND TO TAKE THE MAN'S

POSITION.

SHARIA LAW OPERATE OUTSIDE OF

LAW.

THEIR COURTS ARE LEGAL UNDER A

1996 ARBITRATION ACT.

THESE COURTS HAVE POPPED UP IN

SEVERAL BRITISH CITIES WITH

LARGE MUSLIM POPULATIONS.

THIS IS THE TOWER HAMLET

SECTION OF EAST LONDON.

THE EPICENTER OF SHARIA

MOVEMENT.

DUBBED THE ISLAMIC REPUBLIC

OF TOWER HAM LETS.

FIRST ELECTED MAYOR IS A MUSLIM

AND HAS TIES TO ISLAMIC ROOTS.

HIS OFFICE DENIED AN INTERVIEW

FROM CBN AND GAYS BEATEN IN THE

STREETS.

DON'T STEAL IF YOU DON'T WANT

TO BE STONED TO DEATH DON'T

COMMIT ADULTERY.

THEY LABELED HAMLET A SHARIA

CONTROLLED ZONE.

WE ARE SITTING IN LONDON,

WOULD THIS PARK LOOK DIFFERENT

IF YOUR VISION CAME TO THE UK.

SUDDENLY THE ADULT WOMAN

WOULD HAVE TO COVER THEMSELVES

AS WOULD MEN.

COULD SHARIA COURTS COME TO

AMERICA?

THERE HAVE BEEN SOME 50 COURT

CASES IN AT LEAST 23 STATES THAT

HAVE SEEN CONFLICTS BETWEEN

SHARIA LAW AND AMERICAN STATE

LAW.

FOUR STATES HAVE ADOPTED

AMERICAN LAWS THAT WOULD PROTECT

U.S. CITIZENS FROM THE USE OF

ANY TYPE OF FOREIGN LAW LIKE

SHAR

SHARIA.

THE FIGHT AGAINST SHARIA IS MUCH

MORE THAN A LEGAL ISSUE.

WE ARE WORKING IN PARTNERSHIP

WITH NON-CHRISTIANS TRYING TO

BOLSTER THE POSITION FOR MUSLIM

WOMEN.

ERICK STAKELBECK, CBN NEWS,

REPORTING FROM EAST LONDON.

UP NEXT, MEET SOUTH

CAROLINA'S NEWEST SENATOR, FIRST

AFRICAN-AMERICAN REPUBLICAN TO

SERVE IN THE LEGISLATIVE BODY

SINCE THE RECONSTRUCTION.

SOUTH CAROLINA'S NEWEST

SENATOR IS THE FIRST BLACK

REPUBLICAN TO SERVE IN A

LEGISLATIVE BODY IS

RECONSTRUCTION.

TIM SCOTT IS GIVING CREDIT TO

HIS MOM AND JESUS CHRIST.

IN 2010, CBN'S DAVID BRODY SPENT

TIME WITH SCOTT.

IF YOU ARE LOOKING FOR TIM

SCOTT, YOU CAN FIND HIM AT

MONTHLY TEA PARTY MEETINGS.

'OBAMACARE,' GET RID OF IT.

SCOTT AS HE IS QUICK TO POINT

OUT IS A REPUBLICAN WHO HAPPENS

TO BE BLACK.

HE IS A TRUE BLUE CONSERVATIVE

WHO LOVES TO TALK DISCIPLINE,

FISCAL AND OTHERWISE.

MY MOM WAS A DISCIPLINARIAN.

SHE TAUGHT ME LOVE COMES AT THE

END OF A SWITCH AND SO IN LOVE

WITH ME.

SHE WAS TEACHING ME SOMETHING

THAT AMERICA NEEDS TO KNOW IN

DESPERATE WAYS, DISCIPLINE IS A

MAJOR KEY TO THE BREAK THROUGH.

THAT DISCIPLINE STARTS WITH

REDUCING DEFICIT AND ELIMINATING

ROLE OF GOVERNMENT.

TIM SCOTT'S LIFE STORY DOESN'T

START OFF WELL.

HE GREW UP IN POVERTY IN

CHARLESTON, SOUTH CAROLINA

RAISED BY A SINGLE MOM THAT

WORKED 16 HOURS A DAY.

IN 9TH GRADE HE FAILED FOUR

SUBJECTS AND ALMOST FLUNKED OUT

OF HIGH SCHOOL.

THEN HE WALKED INTO A

CHICK-FIL-A RESTAURANT AND HIS

LIFE CHANGED FOREVER.

AS 14 YEAR OLD WORKING PART

TIME AT A MOVIE THEATRE, SCOTT

WALKED INTO CHICK-FIL-A.

I WAS ALWAYS BUYING THE

FRIES.

JOHN STARTED TEACHING ME THE

BASIC PRINCIPLES OF CONSERVATISM

AND CAPITALISM.

HE L DID IT IN A SPIRITUAL

PERSPECTIVE.

THOSE CHICK-FIL-A

CONVERSATIONS LED TO BETTER

GRADES AND A SENSE OF PURPOSE.

I WOULD ASK ROGER, WHY ARE

YOU HAPPY?

HE IS LIKE JESUS IS LORD.

I AM LIKE GOT IT, WHAT ELSE?

TIM FOUND THE ANSWER TO THAT

QUESTION A FEW YEARS LATER AT A

FELLOWSHIP OF CHRISTIAN

ATHLETE'S MEETING WHERE HE MADE

THE PERSONAL DECISION TO GIVE

HIS LIFE OF JESUS CHRIST.

I DOVE INTO THE SCRIPTURES

AND STARTED BECOMING AS MUCH AS

POSSIBLE A PART OF THE

SCRIPTURE.

I WANTED IT GRAFTED IT INTO MY

HEART.

ALSO INTO HIS PUBLIC POLICY.

IF YOU DON'T WORK, YOU DON'T

EAT.

IT DOESN'T SAY IF YOU CANNOT

WORK.

ACCORDING TO THE BOOK OF JAMES

IT IS HELD AT A HIGHER

LEADERSHIP FOR LEADERS.

SCOTT TRIED TO PUT A 10

COMMANDMENT PLAQUE OUTSIDE THE

OFFICES.

A CIRCUIT JUDGE STOPPED IT.

THE HISTORY OF THIS COUNTRY

CARRIES STAIN OF RACISM.

THE MEDIA PLAYS UP ALLEGATIONS

OF RACISM, TIM SCOTT HASN'T SEEN

IT.

I HAVE NOT YET TO FIND THE

FIRST RACIST COMMENT OR THE

FIRST PERSON WHO APPROACHES ME

FROM A RACIST PERSPECTIVE.

TEA PARTY MEMBERS AGREE.

FRANKLY, I DON'T CARE IF HE

IS BLACK OR WHITE.

HOW DOES HE VOTE?

I AM NOT THE BLACK

REPUBLICAN.

I AM THE REPUBLICAN THAT HAPPENS

TO BE BLACK.

SCOTT KNOWS GOD IS WATCHING,

TOO.

THERE IS NOTHING SPECIAL

ABOUT TIM SCOTT.

I AM AN ORDINARY GUY SERVING AN

EXTRAORDINARY GOD.

THAT MAKE IT IS DIFFERENCE.

DAVID BRODY, CBN NEWS.

UP NEXT, TACKIER THE BETTER,

ONE MAN THAT IS PROFITTING FROM

THE UGLY CHRISTMAS SWEATER

CRAZE.

YOU PROBABLY HEARD THE SAYING

ONE MAN'S TRASH IS ANOTHER MAN'S

TREASURE AND ONE OREGON MAN IS

CERTAINLY CAPITALIZING ON THAT.

ANDREW HUME COLLECTS ABANDONED

CHRISTMAS SWEATER.

THE TACKIER THE BETTER.

THE FOUNDER OF UGLY CHRISTMAS

SWEATERS HQ.

I WOULD YOU KNOW, REMINISCE

ABOUT MY SCHOOL TEACHER OR

SOMEBODY FROM CHURCH THAT WOULD

WEAR THESE GAUDY SWEATERS.

I HAVE HAD BAD YEARS WHERE I

WASN'T INTO CHRISTMAS.

THIS HAS TURNED THAT AROUND.

ANDREW HAS 200 SWEATERS

ONLINE AND ALREADY SOLD 25 IN

JUST ONE WEEK.

THAT IS GOING TO DO IT FOR THIS

HOUR OF CBN NEWS CHANNEL.

YOU CAN FIND MORE OF THE ISSUES

YOU CARE ABOUT ON CBNNEWS.COM.

AND FACEBOOK AND TWITTER.

I HOPE YOU HAVE A WONDERFUL DAY

AND WONDERFUL WEEKEND.

EMBED THIS VIDEO

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