[Malveaux:] I want to try to talk again to our guest in Arizona, Glenn Spencer. We had a technical problem a couple minutes ago. We are talking today about the state of Arizona's attempt to keep its tough immigration laws over the federal government's objections. Basically, the state wants to patrol and control the border with Mexico in a way that the federal government says is unconstitutional. So I want you to listen to what folks have to say here. Mostly Latino people in Arizona told me when I was there a few months ago, they say that they are being targeted and mistreated. Take a listen.
[Unidentified Male:] They pull you over and you ask them, how can I help you? And they say they start just asking for your I.D. and stuff, and, yes, I have experienced it. Anybody says that it doesn't happen, they're hypocrites or they just don't want to believe the truth. Always stopping the Latino community or always targeting the low-income community.
[Malveaux:] I want to bring Glenn Spencer back into the conversation in Herford, Arizona. He runs a web site. He says it illustrates that illegal immigration is a big problem there. You're right on the border, Mr. Spencer. First, I do want you to address what some of your neighbors and fellow folks in Arizona are saying that they are targeted and they do not feel comfortable in the community. Can you at least respond to some of their concerns?
[Glenn Spencer, Americanborderpatrol.com:] Well, I think the job was done for me by Senator Schumer yesterday when he held a hearing and he had former State Senator Russell Pearce, who was the father of SB-1070. And I would encourage people to watch that interview and that discussion because Russell really addressed these issues and explained in detail how they were so careful to craft the law to avoid the kind of thing you just heard, and I have every confidence that these kinds of problems will be avoided.
[Malveaux:] So you are confident that your Hispanic Latino neighbors are not being mistreated?
[Spencer:] Well, we would hope that they are not. We are confident that every attempt will be made and is being made in the law and in training to make sure that doesn't happen.
[Malveaux:] OK. Tell us a little bit about these videos you make and post on your web site because I understand you see it firsthand. You have a ranch on the border with Mexico, and you post these pictures. Tell us what we are seeing here.
[Spencer:] Well, we're American Border Patrol, we're a non profit. We have a ranch right along the border. I'm looking into Mexico right now. We've been here for 10 years documenting what is going on. And we have heard many promises of the federal government. Back in 2006, they passed the Secure Fence Act of 2006. By the way, then Senator Obama voted for it, to build 700 miles of double layer fence on the border. We fly the border. We've documented it. If you go on americanborderpatrol.com, look to the left, click on that map, and you can see what is on the border from Texas to California. There are 35 miles of double layer fence that they built and most of what they
[Malveaux:] Explain to us what you see. Can you explain to us what you actually see as somebody who has a unique perspective right on the border? What are you actually seeing? What is the problem?
[Spencer:] What we see and I took your crew flying a while back. What you see is what the United States government calls a fence, you can step right over. Most of the border we flew over 30 miles and didn't see [inaudible].
[Malveaux:] All right, Glenn Spencer. I'm sorry, Glenn. We're just having a hard time with your connection there, but we do get your point. We see the video there, the web site that you are on the border. That you are having essentially you see people who are crossing illegally despite some of the efforts that the federal government has made. It's a very big and important case before the Supreme Court. The Federal Reserve has just made a big announcement on interest rates. We want to go live to the New York Stock Exchange and CNN's Alison Kosik to tell us a little bit about what's happening. What do we know?
[Alison Kosik, Cnn Business Correspondent:] Hi, Suzanne. So what we heard from the fed today is a lot of what we heard from the fed in its last meeting in January. For one, the fed said that it's going to keep interest rates between a target range of zero and a quarter of 1 percent. No surprise there. The fed has said it's going to go ahead and keep rates there for several years because of the weak economy. What this means to you and me, it means that we can get loans cheaper. So if you want to get a credit card, car loan, student loans, it's really meant to encourage borrowing. Some other language in this fed statement that just came out that I have in my hands here. A lot like what we saw in January with the fed saying that the economy is expanding moderately. That the labor market is improving, but the unemployment rate remains elevated and that the housing sector continues to be depressed. Now there were a couple different things we heard that caught my eye. With the fed saying that inflation picked up that's reflecting the rise in gas and oil prices, but over the long term the expectation is that that kind of inflation will stabilize and one more thing that caught my eye on economic growth that the fed said. The fed said that it remains moderate, economic growth does, and then will pick up gradually. Now, the language it will pick up gradually, that caught my eye for a couple of reasons, because on the one hand it sounds optimistic. But on the other what does pickup gradually mean? It could take years or it could take months. So it is kind of broad there. Now we may get more insight into what the fed is actually saying in this statement at 2:00. That is when the fed comes out with its economic outlook for the economy and then at 2:15, the fed is going to be holding one of its four press conferences that it holds every year. We will certainly be listening for that.
[Malveaux:] All right, we'll be watching closely. Thank you, Alison. So we're asking you, do you like to eat alone? We have some tips on how you can make it an enjoyable experience.