Officially opening in 1914, the Panama Canal connected the Atlantic and Pacific creating a short-cut for ships. It was the biggest infrastructure project of its time. But originally the United States wanted to build the canal in Nicaragua. The plans shifted largely after French engineer Philippe-Jean Bunau-Varilla convinced U.S. lawmakers otherwise. Well now the Nicaragua canal plans are back on the table. Nicaragua plans to build a $50 billion canal to connect the Caribbean and Pacific. Supporters argue it will create more than 250,000 jobs. But small farmers and environmentalists say the project will destroy Lake Nicaragua. On this edition, we ll take a look at the economic, political and environmental controversies surrounding the Nicaragua canal. Reporter Reese Erlich has the story.