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tv   [untitled]    November 2, 2011 10:30pm-11:00pm EDT

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you know sometimes you see a story at the scene so you think you understand it and then you know here's some other part of it and realize that everything is ok. i'm sorry there's a big. mystery
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. all right it's time for you said it i read it right the time respond to my brilliance and engaging we were comments on facebook twitter and you believe got something to say i listen now first i will respond a viewer who watched our interview with lawrence korb on military contractors
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threatening that over a million jobs the be lost if defense cuts were made robert bennett said on facebook absolute crap as a matter. prioritizing taxpayer money there's infrastructure education research grants ad infinitum what does knowledge very hard word produce and i couldn't agree with robert more on this of course all government spending creates jobs spending on the military employs americans and injects money into the us economy but the real question here is how we want our government to be spending its money how we want our government to be employing americans with taxpayer dollars we want the government spending billions of billions trillions of dollars on military projects which kill people and fuel and less war and create all the whole less employment for the american people because they require more capital oh or do we want our government to be spending taxpayer dollars on roads and schools and things that can employ americans while creating a better and more prosperous country doesn't really seem like a hard of a choice to be found one responder of you who watched last night's glimmer of hope about bank of america choosing to go back on their five dollars debit card fee but
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a boom rock said on you tube nice to see we do have a little power the power of the money when we all work together and yes it is a rare victory for the consumers over the banks turns out the occupy wall street movement has created change it's created a change in the way the banks operate and has elevated to the dust and americans feel towards not only the corruption of our government but also of our financial institutions right to the banks themselves now while there's still a lot of work to be done in this case it looks as if the power of the people was properly exercised with real results now finally i want to thank all of you who watched our hall the wein show like joe johnson who tweeted hilarious hollowing show it's obvious the whole team had a great time putting the show together instant classic i'm really glad our viewers enjoyed our efforts and for its being funny that's all we really would last and we have probably a little too much fun putting it all together but watch out for more times that being funny coming through that's of my ranting today and i'll be back with more as usual next week. well there is
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a legal setback tonight for wiki leaks founder julian assange the high court ruled in britain today that he should be extradited to sweden to face questioning over allegations of sexual abuse so last year two women made claims against assad but assad has fought all the extradition efforts with forty three page ruling this is the latest twist in the eleven month battle that assad has fought in the u.k. you may recall he was arrested briefly held in jail last december after swedish officials filed an arrest warrant and to wiki leaks volunteers were a huge accused of sexual molestation a lawful coercion and rate sign says the sex was consensual and he says it will continue to fight these charges. i have not been charged with any crime in any country. destroyed because the europeans are restored. so restrictive that it has been u.k. courts from hearing that over case those judges have made we're here today. and now saunders been fighting tooth and nail against going back to
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sweden because he believes that sweden will extradite him to the us if a history from fine with us in cases passed and as we reported to you many times on this show a grand jury has been impaneled in virginia to investigate songe and wiki leaks website the jury is reportedly looking into espionage charges against assigned after wiki leaks released hundreds of thousands of state department cables earlier this year and the first session of the grand jury was held over the summer in alexandria but actually face charges for espionage for just publishing state department cables of the guardian pointed out may the u.s. might have a very hard time getting a grand jury to indict it has never been applied successfully against a nonet government party so in order to secure an indictment prosecutors would have to convince the grand jury that a staunch encourage or assist to the source of the league documents so in effect the u.s. would have to prove that saw encouraged or assisted bradley manning who's accused of leaking of a serial of which there is absolutely no evidence now has on his right in sweden does send him over to america he will really be meeting many friendly faces there
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are plenty of lawmakers and t.v. pundits here who think that he should be prosecuted. getting the reality right. so i actually disgrace really should be prosecuted. the prison service actually prosecute the war in leaking the material is deplorable are agreeing with the pentagon's assessment that the people working at least could have blood on their hands we can act unilaterally and we can we can go and get him without without another country's permission we did it with general noriega there's authority in the office of legal counsel that we can go in and take somebody anywhere in the world. so perhaps the sun does have a reason to fear an indictment here in the u.s. but whether he'll be sent back to sweden is yet to be seen his lawyer has fourteen days to file a last ditch appeal to the supreme court in the u.k. so we're going to continue to follow this case as it moves slowly through the british court system and will keep an eye on all the details of the grand jury
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right here in the u.s. . now the occupy wall street movement doesn't want to work within the political system with more than we have or the politicians that are part of it it does seem like perhaps some of the calls are being heard on capitol hill a number of pieces of legislation are being introduced that could be seen as going along with the movements desired changes today legislation is being introduced in both the house and the senate to impose a point zero three percent transaction tax on every single trade of stocks bonds options futures swaps and credit default swaps now it's already law in other parts of the world and it's going to be discussed at the g. twenty but considering that u.s. banks just lost up to eight billion dollars in revenue by not getting to impose a five dollars debit card fee how hard they're going to fight against it earlier i caught up with dean baker co-director of the center for economic and policy research i first asked him to tell us more about the transaction tax and he supports it. yeah i mean the basic story here is that it's a very small tax on financial transactions like buying and selling stock options
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futures credit default sorts a whole range of instruments and the rate that's in the build it's being considered are coming to the floor of the house and senate is just three one hundred percent so for someone who ordinarily is investing for their kids' education or their retirement this is going to be consequential in fact probably won't even notice it because they reduce their trade you have no impact on the other hand for people who are buying by the day or by the minute this will be a very big cost so you both raise a lot of money you can raise probably around twenty five billion a year at this level very low level and also it discourages a lot of speculation eliminates waste in the financial sector it makes it more efficient twenty five billion dollars i mean that's no small chunk so you're saying that the average person that might be worried about their retirement therefore oh ok and might be like i dollar a year or something to be close to zero because basically remember most of us who don't have a lot of money we have money from our we have mutual fund will they're going to
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respond the person managing a mutual fund respond by trading last so my costs more free trade but they're going to trade less might end up being a total wash so for most people was basically nothing do you like the title robin hood tax and some people are giving if you think that's fair taking the rates given the poor well you know you can think about in different ways i'd be so the people end up paying it would be primarily wealthy people so in that sense that's true but i see it first and foremost a tax on waste you know one of the things they compare it to if you want to gamble blame pick city you pay taxes gambling is taxed if you gamble in your state lottery that's takes a very happily so basically is singing for getting gamble in financial markets you're also going to pay taxes and that's something that i do financial markets have a lot to do right now these traders can make what is it thousands of bets a second if they want to because it's all automated and they never get charged for it all for free there's no tax that's right that's exactly right so on like gambling you know they're going to use you know this this sort of. gambling gambling financial sector which again tends to be wealthier people pick those or to
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get taxed ok so this is not a novel idea it's not something brand new there are other countries out there that have it it's even to be discussed at the g. twenty so does that mean that the entire world is kind of starting to realize that realize that there's so much trading going on there could be a profit made out of this well i think both that there's money that could be made to recognise the financial sector needs to be reined in so it's important to recognise this is something being very seriously considered the european commission which is the decision making body for the european union actually recommended to tax a higher tax a tenth of a percentage point on stock so they would be actually recommending a tax strongly supported by the conservative government of both france and germany are closing in merkel and this tax actually already exists the united kingdom i get a big kick out of it off an economist i know you can never have a single gift to tell them in england because they think they have it and they think they're raising a lot of money that way they've got to tax it and after one percent on stock trades it beats back for centuries but here we are in america and so what do you think the
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chances are of something like this actually going through and getting past me let's not forget that recently all the banks announced they will not be holding that five dollars debit fee that bank of america originally was going for then bank of america decided to read that and some estimate that they're going to lose up to eight billion dollars in revenue because of it so i'm betting my money that they can be lobbying very heavily against this transaction tax well there's no doubt about it they're going to be very very strongly opposed to tax and to get people supported me no one likes the idea of any tax but the point here is that we have in the current context with the super committee that's coming up with proposals to cut medicare cuts for security and i think the question is ok which do you think makes more sense do you want to see your social security or your parents' social curative benefits or uterus and tax and forestry and i think when it's posed that way i think it's likely to be a much more popular proposition again i won't put money in betting this year but i think getting it into the mix makes a period likely that something like this could at some point get through what do you think about. by the way by the banks and by bank of america is that a bit of a win for occupy wall street or at least for this anti-bank sentiment sleep in the
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country absolutely i mean you know obviously the things i just are taken for granted they're going to try to make money wherever they came in when there was this change in the fees they charge they said ok we care less about these people the smaller council charging five bucks if they want to go away they'll go away but they really had it about it and they prompted this huge outcry and they had to back down so i thought it was great to see well they backed down for now but i'm just i'm curious you know i guess you could say that i'm very skeptical because of the end of the day the banks are not motivated by satisfying their customers they're motivated by profit they're motivated by greed and so are they going to find some other way to you know stake in some extra fees maybe not have a brand new fee that everybody can react to but fees that already exist are just a start you know raising them here and they're going to be able to do that i take it for granted but again you know there is some competition and you know what was going on here is a lot of people are saying ok i'm going to go to a credit union they're not going to charge me this so there is some competition you
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know i take it for granted if they could raise the fee they will raise it for you what they did here was really they rushed out there and said ok we're going to surcharge it with five dollars a month and it was easy for people to see what they were doing and react to the more typical you're right it would be a little bit here a little bit there but you know people do have options and a lot of people get credit unions and we might see more of that that was part of the design of this legislation that the unions to charge retailers a higher fee the point being to give them some some benefit relative to the large banks now really quickly i just want to ask you we've been talking what's going on in oakland today they're calling it general strike it isn't technically a general strike because all the unions are involved if we look back through the history of general strikes in the u.s. do you think that those paint a promising picture for for where occupy wall street can go if they keep doing more actions like this really draw attention and we had a general strike some thirty's in san francisco seattle that was one of many outlets organized by the teamster. so there's some history of general strikes the focus attention so if you have part that was support for to me that's one way to
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show you know for people to express their views to people who will get reactions from people in washington or deafening expressing their views and i guess we can say that some kind of reaction is happening in washington i don't know if it's going to be enough for the occupy wall street movement after all you know piece by piece little bits of legislation i guess could be a start a way to start changing and start progressing but it's still not entirely formation of our system again thanks so much for joining us tonight peter i mean. so the contacts through all time involved herman cain and donald trump and jon stewart explain the connection in just a moment and then happy hour ron paul weighs in on the for mccain sexual harassment problem with a ridiculous comment plus i phone people militia was busted in georgia back in. i. was.
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going to leave. i. was. like what the test nobody seems to know. that never pepper sprayed the face but part of the argument that they're being overly dramatic. you know sometimes you see a story and it seems so for sleep you think you understand it and then he lives something else and you hear some of the part of it and realize that everything is ok and you don't i'm sorry welcome to the big picture.
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i did sign for tonight's top time awards night guest new york allowed bell donald trump now this man has never stops giving his opinion to anybody out there who will listen why drunk feels a need to inject himself into every national conversation is beyond me and he doesn't have an empire to run a low rated t.v. show to attend to well i think really he was just missing the limelight so he decided to say something crazy to get back in now trump has decided to weigh in on the herman cain sexual harassment scandal but he's got kind of an unusual target here how come jon stewart gets away with a very very racist remarks about herman cain nobody else could pull that off where is reverend jackson where is reference sharpton were all the critics that if somebody else did it it would be a disaster all right so trump thinks that jon stewart is racist and really
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what could have led trump to make these accusations against jon stewart it's not what he said with the way he said it he told his voice the inflection believable anybody else deep deep trouble really donald you're basing your belief or john through his races because of the tone in his voice the inflection i mean let's listen to a clip of stuart's telling and you the viewer here decide. commercials just always going to play with different music in people's heads now. i think a lot of that's is funny with a little funky music tossed in current must not understand that what jon stewart does every night there's a little something called comedy he's acting while he's behind the anchor desk it's parody and satire it's not real news and from says that he likes her but he should probably be taken off the air for
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a while for punishment i just love the audacity of that trump thinks that jon stewart should take a break from the air for a while i'm sure stewart is one of the most powerful media personalities in the country really cares what donald trump has to say not to mention the irony of donald trump calling somebody racist remember when trump was pretending to run for president he himself was accused of being racist to the claims that he thinks obama was not born in the united states let's revisit his great moments but if you think he was born in this country i am we only concern you with this or started a week ago i used to have a look at you know doctors don't remember you have to know nurses or the president of the united states the reason i have a little down just a little because you grew up and nobody knew when you interview people if i ever got that nomination if i ever decide to run you may go back and interview people from my kindergarten the remember me nobody ever comes forward nobody knows we use or kill later in his life very strange the whole thing is very strange i have
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people that actually have been studying it and they cannot believe what they're finding you have people now have their liberty i mean in hawaii absolutely and they cannot believe what they're finding. yeah turns out obama was born here but tell us that the president released his birth per person to get drunk and then called on obama to release his grades i mean really donald how low can you go of course trunk wants us all to know that not only is he not racist he's the least races person that there is well you know if it comes to racism and racial strife at least racist person there isn't i think most people that don't be would tell you that i am at least gracious i've had great relationships and cracked when i don't think it was as you know on the apprentice a little while ago a couple years ago that riddle's been outstanding in every way so i could i repeat least gracious person at this point so somebody glad when the apprentice napper of the donald trump is not racist but jon stewart on the other hand who use the wrong
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tone of his voice clearly is so for transparency to have to stay in the spotlight we're giving him tonight stalls i wore. hi guys it's time for a happy hour and joining me this evening is r.t. correspondent christine for example and david cantonese from politico thanks for joining me guys. all right so our first story night is some funny story i guess it's just well i mean it's it's sad and i guess you could be happy if they got the guys but we'll get into the details in a minute let's first play the cloud. four elderly georgia men will appear in federal court a few hours from now on charges of a homegrown terror case prosecutors say they're part of a fringe militia group their cues of plotting to attack government officials with
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explosives and a deadly toxin. are its own militia groups can be a dangerous problem here people do plot violent things at home that also happen to not be muslim what a shocker but the guys are old they're seventy three one is sixty seven and one is sixty eight and let me just say let me read you a quote from one of them as to why they have to do that he says there is no way for us as militia men to save this country to save georgia without doing something that's highly highly illegal murder that's f. ing illegal but it's got to be done gary sounds to me like a bunch of grumpy old men i mean it is scary and i'm totally glad they got these people but from what i understand the compound after they recorded this conversation the f.b.i. recorded a conversation in the person's house it just goes to show they love to do that the f.b.i. you know i know but how did it you know this is a group of four people and yet they found out about it. we got do they have any actual evidence compliance or is it just for grumpy old men sitting around being
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like god dammit i just don't think you could do anything i think they had evidence of explosives i mean i'm trying to build a totally ignoring the fact that i was reading i mean i think there is evidence that the you know we're trying to make schools and schools the device i mean but i mean i've read about militia movements before but seventy three years old i mean that is kind of scary that they have the capacity to do that and he's going to probably going on for too long and i'm you know these guys grandfathers do they have kids if families are they i mean how do we know we. question but i guess i just you know try to look out for the old ones to let's move on to something that people are just going crazy over this so this is an italian american model who got fired from her role as the face of an international telecommunications company because she spoke about her passionate love affair with one of cut off his sons to listen. she said that she had been dating without seeing gadhafi for four years and she said this to the magazine and i'm quoting she said i didn't have contact with
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him since the uprising broke out but our relationship was one of passion so she also called their relationship a very beautiful love story and she said that she felt like they were a normal family and you know there are a lot of bad things you can totally say about moammar gadhafi but do she need deserve to be fired for saying what her opinion is on the family and you know the love affair that you got i don't think so on one hand there's the freedom of speech is your right you should be able to say that you want to be fired for put she's a grand remember targer woods when he did and he lost all his endorsements she's her own brand right this is a model modeling agency pulled away and they have the right to not want to be associated with her just as much as she has the right to say i dated you know moammar gadhafi son and he was a great guy you know there are private group and they have that right where is the right decision or not it's guilt by association but they thought that probably it was going to hurt their brand and hurt their momentarily i think it's an important
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point and so you have to think about i mean you think about when you read about their relationship how he spent two million dollars a month i mean this is a person who was able to probably keep his passionate lovers shielded from a lot of the bad stuff that went on that he probably wasn't directly related to either i think that's how it normally go just shower them with diamonds and assume that they don't see anything else that's going on because this is listening so much ok let's move on to senator rand paul from can type you know i don't like talking about this herman cain scandal because i think that it's just too much there's too much on the news twenty four hours a day about herman cain's sex scandal and there are other things going on in the world like we don't know all the details yet when paul decided to weigh in though and this makes me angry he basically says that women these days can't take a joke he says there are people now who hesitate to tell a joke to a woman in the workplace any kind of joke because it could be interpreted incorrectly i don't i'm very cautious. lange not only are
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sensitive women can't take it as you know you want them to there you go there was a settlement worth thirty five thousand dollars here's the thing you know washington post columnist actually wrote about this today that women generationally different interpretations of what is a joke in the workplace what you could say you know let me try women or six of these is different than what you could say to a woman or twenty's as far as you know getting a job going to being actual harassment i think harassment allegations are always very difficult because you don't know there's such a wide spectrum there and it can be special and how it's interpreted and what his intention was what was his motivation how much did he say should rand paul be being like really only my way only hadn't heard opinion because i've seen all the legal documents i think women are going to take that's rand paul's brand right he wants to be that's the republican brand and type of local correctness can i say something oh you look great today you look pretty you know. blouse excrete are you yeah exactly exactly i did not return calls because we should mention during his
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campaign weren't similar accusations yes he had scandal of his own in the past but there they did know though because women are overly sensitive and dramatic according to rand paul you just shouldn't say anything to them you know the women sex scandals why don't we hear about the you know there's. hundred out no email thanks candles because they're either just don't do it women need an office or they're just smart about it. ok. thanks for joining me tonight i think what a night sail thanks for tuning in they should be back tomorrow he can live in the back on the program and meantime don't forget to become a fan of the a lot of show on facebook and follow us on twitter and if you missed any and i for any other nice catch telling these dot com on here we'll find the interview as well as the show posted heidi.
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wealthy british style. is not on the title of. markets finance sunday. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into kaiser report on our feet. if. any is
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he. says. oh. oh oh. oh.


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